Sumitomo & Advantage Capital Launch 2GW US Solar Business
Perennial Renewables LLC is a joint venture between Sumitomo Corporation of Americas and Advantage Capital. The company is developing 2 GW of solar photovoltaic projects in the Midwest and Northeastern US, with operations by 2024. Additionally, plans to add new renewable energy projects are underway to help Sumitomo achieve 5 GW of renewable energy assets by 2030.
Sep 12, 2023 // Markets & Finance News, USA, North America, Sumitomo Corporation, Perennial Renewables
Bringing US Jobs Back: Nextracker Launches Nevada Facility
Nextracker Inc and Unimacts launch dedicated manufacturing line in Las Vegas to produce steel components for US solar tracker projects, supporting gigawatts of utility-scale projects annually with potential to reach projects in Indiana and Kentucky. Plant to operate with 100 staff, potential to double by 2024.
Sep 12, 2023 // Manufacturing News, USA, North America, Nextracker, Solar Tracker, Unimacts
Trina Launches 5-GW US Solar Factory
Trina Solar is building the largest single-site silicon solar panel factory in the US, creating 1,500 jobs and investing over $200 million. Producing Vertex modules with 210-mm wafers, the 1 million-sq-ft facility is set to come online in 2024. Be part of the US solar market revolution with Trina Solar's 25+ years of experience and 150 GW of modules shipped worldwide.
Sep 12, 2023 // Manufacturing News, USA, solar panel, silicon, Trina Solar, North America
US Grants 425M to Tata Power for India Solar Factory
Tata Power Renewable Energy Limited has been granted USD 425 million by the US International Development Finance Corporation for building a 4.3-GW solar cell and module manufacturing plant in Tamil Nadu. This project will create 2,000 jobs and module production is expected to start in 2020. India's renewable energy goals will be boosted by this facility. Tata Power currently has a 7.8 GW renewable energy portfolio.
Sep 11, 2023 // Manufacturing News, Markets & Finance News, USA, India, Asia, North America, tata power
Silfab Secures US-made Wafers from NorSun's 5GW Factory
Silfab Solar Inc. has signed an agreement with NorSun to purchase locally-made silicon wafers for its PV module production. This partnership will enable Silfab to strengthen its supply chain and provide more Western-produced wafers for its products. NorSun is currently raising funds for a 3Gw and 5GW production facility in the US.
Sep 11, 2023 // Manufacturing News, USA, North America, silfab solar, NorSun
1.7GW Solar Portfolio Up For Sale in US
Redeux Energy Partners LLC is offering 1.7 GW DC of solar and 160 MW/640 MWh of battery energy storage projects in 7 US states for sale. Marathon Capital LLC is advising and reaching out to IPPs, strategics and financiers in clean energy. Redeux is currently operating in 15 states with 3.5-GW pipeline of projects and aims to expand to 5 GW by 2023.
Sep 8, 2023 // Markets & Finance News, USA, North America, Redeux Energy Partners LLC
Igneo Seals Majority Stake in US Power Producer Soltage
Igneo Infrastructure Partners has acquired a majority stake in US renewable power producer Soltage LLC, enabling the expansion of its 1.9-GW pipeline of solar and storage projects. Prudential Private Capital has sold its equity interest with Co-founder and CEO Jesse Grossman and the management team retaining shareholdings.
Sep 8, 2023 // Markets & Finance News, USA, North America, Igneo
Ingka's 16.4MW Battery: Powering Cameron Wind
Ingka Investments and Apex Clean Energy are set to begin operations of their 16.4-MW Cameron Storage battery energy storage system in Cameron County, Texas. The project is part of the Ingka Group's sustainability strategy and will be co-located with the existing 165-MW Cameron Wind Farm. Worley and Powin are providing engineering and equipment services.
Sep 7, 2023 // Storage, USA, Apex Clean Energy, North America, Ingka
New Life for $500M EV Plant in Quebec
Revive and upgrade an old plant in Quebec with C$750 million, partly funded by the Canadian and Quebec governments. Production has capacity for 2.5 million electric vehicle batteries and is expected to begin in 2026. Solus Advanced Materials Co. unit Volta Energy Solutions leading the project.
Sep 6, 2023 // Markets & Finance News, Canada, North America, Quebec, EV Plant
Heliene Secures Historic 1.5GW Solar Module Order
Heliene Inc, a Canadian solar panel maker, has secured an order from US-based Nexamp Inc for 1.5 GW of solar modules - the largest community solar order in US history. Nexamp is financing the construction of 250 MW of PV parks across 6 states. Heliene has 3 production facilities in the US and Canada.
Sep 1, 2023 // Manufacturing News, Canada, PV module, North America, heliene
Origis Revives Former NM Coal Plant with 200MW Solar Farm
Origis Energy has started construction on the 200-MW Escalante Solar Project in New Mexico. Built near Grants, this PV facility will produce enough energy to power 40,000 homes and is scheduled for completion in 2024. Gridworks is overseeing construction and Origis will assume operation and maintenance services. The project will be located next to a zero-emission, hydrogen-fired power facility.
Aug 31, 2023 // Plants, Large-Scale, Commercial, USA, North America, New Mexico, Origis Energy, PV Power Plant
Enphase & Salcomp Launch US Microinverter Production
Enphase Energy is revolutionizing the world's transition to renewable, reliable, and affordable energy with their microinverters and storage solutions. Partnering with Salcomp to produce the IQ Microinverters in the US, Enphase is creating jobs and expanding the clean energy economy.
Aug 30, 2023 // Inverters, USA, Enphase Energy, North America, salcomp
HASI, Summit Ridge Double Down on 250MW Community Solar
HASI and Summit Ridge Energy will partner to develop 250MW of community solar projects in Illinois and Maryland over the next two years. The projects will use US-made solar panels & 20MWh of energy storage from the Hanwha Group-owned Qcells. Investment tax credits and the Inflation Reduction Act will apply.
Aug 30, 2023 // Markets & Finance News, USA, North America, Maryland, Illinois, solar projects, summit ridge energy, HASI
INVEX Exits Mexico Solar: USD 50M Deal
INVEX Controladora SAB de CV agrees to selling remaining stake in 216 MWp solar farm portfolio in northwestern Mexico for USD 50 million. Regulatory clearance needed and proceeds to reduce debt and make new investments.
Aug 30, 2023 // Markets & Finance News, Mexico, North America, INVEX
TSK Builds 180MW Solar for AES in DR
TSK Electronica y Electricidad SA to construct two 180 MW solar photovoltaic plants in the Dominican Republic for US utility AES Corp. The two projects, Peravia I and II, are the fourth collaboration between the companies in the country.
Aug 28, 2023 // Plants, Large-Scale, Commercial, Dominican Republic, North America, AES, tsk
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