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The CIT Group's Power and Energy system acted as lead arranger on a USD 126 million financing for the 108 MW Trent River Solar project in North Carolina.

The globe has actually made the shift from one leading kind of energy to another a number of times. The substitute of fossil fuels with renewables marks the following historical shift. Yet, to make certain sustainability and worldwide climate security, this latest energy transformation requires to occur much faster.

Decision aims to help provide 2GW of solar as well as battery projects

Squadron Energy, backed by Australian iron ore billionaire Andrew Forrest, has obtained residential platform CWP Renewables, taking hold of a 1.1-GW operational wind portfolio and also a hefty pipeline of wind, solar and also battery projects.

Ferrovial SE makes its US renewables debut with a 257-MWp solar project in Texas, set to generate 475 GWh per year. Exciting developments ahead!

Encavis and Badenova form new company, Encavis Energieversorger I GmbH, to invest EUR 200 million in renewable energy projects, with a portfolio of 500 MW wind and solar systems. Open to more partners to reach 1 GW by 2035.

EDF Renewables North America (EDFR) revealed its 100% procurement of EnterSolar, a nationwide carrier of dispersed generation solar solutions to business commercial and also commercial (C&I) consumers.

Innova Energy, part of UK renewables as well as property-focused exclusive equity company Innova Group, claimed today it has offered its business rooftop solar portfolio.

A joint venture involving a subsidiary people energy solutions platform Orbital Energy Group Inc (NASDAQ: OEG) has actually started developing a 130-MW direct current (DC)/ 100-MW rotating current (AC) solar project in Alabama for Lightsource bp, Orbital said on Thursday.

United States utilities firm Duke Energy (NYSE: DUK) introduced a strategic review of its commercial renewables organization as it reported second-quarter outcomes last week.

Octopus Renewables is to be obtained by Octopus Energy, making the vendor among the biggest renewable generation operators in Europe.

Madrid's X-Elio sells 50-MW solar park to Germany's Tion Renewables, powering 25,000 homes and solidifying Spain as a renewable energy hotspot. A bright future ahead!

The executed PPAs will certainly enable the construction of ten new large-scale solar projects. These projects are anticipated to be operational in between 2023 as well as 2024.

The Federal Energy Regulatory Commission (FERC) has revealed key choices this week giving quality as well as to solar developers within the United States, while signalling state support further down the line.

An accelerated transition to renewables could go either way, regarding the United States’ unique geopolitical strength. According to Indra Overland – head of the Center for Energy Research at the Norwegian Institute for International Affairs – the U.S. could surrender a major advantage if it abandons fossil fuel. The nation could, however, remain dominant in the global energy sector if it continues to lead on innovation and clean energy tech-related intellectual property.