North America

Energy Vault chooses KORE Power to supply US battery production from 2025, with initial 1.3 GWh capacity increasing to 18 GWh. US Department of Energy offers $850 million loan and Energy Vault makes $15M investment in KORE Power.

Swift Current Energy completes financing on 800-MW Double Black Diamond Solar project to generate power to serve over 100,000 homes in the MISO area. Constellation to buy portion of power and RECs produced. McCarthy Building Companies Inc to serve as EPC contractor.

MCE has just added 1.6 MW of solar energy in California and is partnering with local developers to support its Feed-in Tariff program, creating quality jobs with family-sustaining wages and helping to meet California's 2045 carbon-free energy goal.

Gridmatic has launched a $50m energy storage fund to manage up to 500MW of battery capacity in ERCOT and CAISO markets. With successful first tranche of $24.95m, Gridmatic's AI algorithms will optimise energy storage with up to 46% increase in revenue. Investors can now capitalise on energy market volatility without managing a battery project.

Solar installations to reach historic high in 2023 with 270 GW of new capacity. China to remain leader in panel manufacturing while US sees boom in utility & residential solar. UK to lead in residential solar, Romania in distributed projects. Solar LCOE falling; 330 GW capacity by 2032.

Matrix Renewables, a TPG-Rise backed company, acquires controlling interest in 200MWac/261MWdc solar project in Idaho. Output to power Meta's data center and will contribute to its goal of 100% renewable operations. Construction expected to begin Q3 2023.

SMA America's Home Energy Solution provides grid stability and cost savings for homeowners, as well as modular design and easy upgrades for installers. The intuitive SMA 360° and Sunny Portal apps keep homeowners and installers connected for control and peace of mind.

Matrix Renewables acquires controlling stake in 200 MW/261 MWp Pleasant Valley Solar project in Idaho. Construction to begin in 2023 with a PPA in place with Idaho Power for electricity to Meta Platforms Inc. Adding to their 6,000 GW portfolio, Matrix Renewables contributes to a sustainable energy future.

BrightNight, Rivian Automotive, and The Nature Conservancy team up to build 800-MW solar park on former coal mine in Kentucky. USD-1-billion project will enable over 450 million miles of renewable energy-powered driving annually and create open-source guide to consider conservation, climate, and community.

REVKOR and H2GEMINI partner to construct a 5GW solar cell and module production facility, beginning production in Q2 2024. The project will utilize HJT/Perovskite technologies and mark a milestone for renewable energy.

Alternus Energy acquires 32MW solar project in Tennessee, US, to generate $2.3m in annual revenue. 30-year power purchase agreements with two regional utilities ensure project's success, with tip of the spear CEO Vincent Browne expecting it to be operational for the 1st quarter of 2025.

The Biden Administration has proposed modernizing solar permitting rules on federal lands to accelerate environmental reviews & encourage early public engagement, reducing delays & pollution in underserved communities - part of the President’s Permitting Reform Agenda.

Avangrid is building a 321 MW solar farm in Texas, scheduled to become operational in 2025. It's first in the state and will provide renewable energy to US tech company Meta Platforms Inc. Avangrid is the third largest renewable energy operator in the US.

Enphase Energy Inc. has announced its second U.S. factory partnership with Foxconn in Wisconsin. Learn about the Q2 earnings report, shipments from U.S. contract manufacturers, and net IRA benefit of 1.6 million. Third U.S. contract manufacturer shipments to start in Q3 2023.

First Solar and Matrix Renewables have come together to deliver 2.1 GW of advanced thin film modules to power projects in the US and Spain. First Solar's technology is low-carbon and EPEAT-approved, with US and India factory expansions along with framework agreement with Energix Renewables. Responsibly powering the future!