North America
Pristine Sun Receives $250 Million Capital Boost from Private Equity and Family Office Investors
US renewable energy player Pristine Sun Corporation has announced a $250 million capital commitment from strategic private equity and family office investors to develop renewable energy projects. This will allow the firm to develop, finance, and build up to 5 GW of its solar projects.
Feb 6, 2023 // Markets & Finance News, USA, North America, Pristine Sun Corporation
Meta Platforms Inc. to Secure 100% Renewables with Multi-Year Contract
US technology conglomerate Meta Platforms Inc. (NASDAQ:META) has taken a step towards its goal of sourcing 100% renewable energy for its operations by signing a multi-year contract with energy and commodities trader Vitol. The contract involves the purchase of renewable energy credits and other environmental attributes from Vitol's 50-MW Ocotillo Wells solar project in California.
Feb 3, 2023 // Markets & Finance News, USA, North America, Meta Platforms Inc.
New community solar set up marks milestone for ComEd
ComEd as well as Summit Ridge Energy (SRE) have actually introduced the opening of the 75th community solar advancement in ComEd's service territory. The 2.5-MW Speedway Solar project 10 miles southern of Joliet, Illinois, will supply greater than 350 ComEd consumers with accessibility to the benefits of solar power as well as savings on their energy bills.
Feb 3, 2023 // Plants, USA, North America, PV Power Plant, ComEd, Scott Vogt
Mexico invites foreign financial investment in clean energy transition
Mexico invites investment by all nations in its clean energy tasks, its foreign minister claimed on Thursday, releasing a diplomatic charm offensive amid international concerns over questionable power reforms.
Feb 3, 2023 // Markets & Finance News, Mexico, North America
EDF Renewables signs PPA for Texas solar farm
The customer will purchase the complete output of the 200MW project
Feb 3, 2023 // Plants, USA, PPA, Texas, North America, EDF Renewables, solar farm
Plenitude begins manufacturing from Texas solar farm
Power from the 263MW project has actually been offered to US retailer Target
Feb 3, 2023 // Plants, USA, North America, PV Power Plant, Plenitude, Stefano Goberti
Vitol and Meta Sign California Solar Deal
Vitol and Meta have entered into an agreement to provide renewable energy credits and other environmental attributes from a 50MW solar and storage plant in California. This is part of Vitol's growing corporate offering to enable companies to source renewable energy for their operations.
Feb 3, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, meta, Vitol
Solar Power Company Nextracker Seeks Up to $535 Million in US IPO
Solar energy innovation company Nextracker Inc. is seeking to raise as high as $535 million in what could be among the initial major US initial public offerings of the year.
Feb 2, 2023 // Markets & Finance News, USA, North America, Nextracker
Westbridge Renewable Acquires Canadian Battery Energy Storage PV Project
Westbridge Renewable Energy Corporation has acquired the 295MWp Red Willow Project in Alberta, Canada, including 100MW/200MWh of battery energy storage system (BESS). This solar energy news highlights the potential of renewable energy sources and the commitment to sustainability.
Feb 2, 2023 // Plants, Large-Scale, Commercial, Canada, North America, PV Power Plant, Westbridge Renewable
Our Next Energy, Michigan Battery Firm Raises $300 Million
Our Next Energy Inc (ONE), a Michigan-based energy storage technology company, has raised $300 million in a Series B round, valuing the company at $1.2 billion post-money. This capital will fund ONE's first lithium iron phosphate (LFP) battery cell factory, and marks a shift from venture capital-funded start-up to a manufacturer supported by growth capital.
Feb 2, 2023 // Markets & Finance News, USA, North America, Franklin Templeton, Our Next Energy
Renewable Properties Develops 30 MW of Solar to Benefit California Households, Who Can’t Install Solar Panels
Renewable Properties announced the signing of PPAs for five projects with PG&E that will bring the benefits of clean solar energy to low-income Californians, totaling nearly 30 MW.
Feb 2, 2023 // Plants, USA, North America, PV Power Plant, Renewable Properties
Arkansas school district virtually totally powered by huge ground-mount solar project
El Dorado School District (ESD) School Board as well as faculty members gathered to commemorate the district's freshly built 1.75-MWAC solar array. The project will certainly balance out 88% of the district's power use as well as expenses, saving ESD over $128,000 every year in energy costs.
Feb 1, 2023 // Plants, USA, North America, PV Power Plant, Jim Tucker
WEC Energy Group Acquires Majority Stake in Texas Solar Park
WEC Energy Group buys 80% interest in the 250-MW Samson I Solar Energy Centre in Texas for $250 million, advancing their sustainable energy portfolio.
Feb 1, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, WEC Energy Group, North America, PV Power Plant
General Motors Commits $650 Million to Secure EV Raw Materials
General Motors invests $650 million in lithium mining to secure its electric vehicle supply chain and support its future production of more than 1 million EVs annually in North America by 2025.
Feb 1, 2023 // Markets & Finance News, Storage, Transport, USA, North America, EV, General Motors
Meta backs Apex's 195-MW solar project in Texas
US renewables expert Apex Clean Energy claimed on Monday that it has signed an environmental attribute purchase agreement (EAPA) with technology titan Meta Platforms Inc (NASDAQ: META) for the full capacity of the 195-MW Angelo solar project in Texas.
Jan 30, 2023 // Plants, USA, Texas, North America, Solar Project, meta
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