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Engie strikes bargain to market 49% equity stake in US renewables portfolio
French utility Engie has accepted market a minority 49% risk in a US-based renewables profile including 500MW of utility-scale solar.
Jul 2, 2020 // Markets & Finance News, USA, Engie, North America, Hannon Armstrong
Renewables investor Excelsior protects US$ 504m for US solar projects
Renewable energy financier Excelsior Energy Capital has elevated US$ 504 million in its inaugural funding round to invest in middle-market wind as well as solar projects in the US and also Canada.
Jan 14, 2021 // Markets & Finance News, USA, North America, solar projects, Excelsior, Chris Moakley
Velto Renewables to acquire 260 MW of Spanish solar assets
Velto Renewables, backed by Canada’s La Caisse, will buy 260 MW of operating solar plants in Spain through two deals with local owners.
Sep 17, 2025 // Plants, Large-Scale, Commercial, Spain, Europe, acquisition, solar portfolio, Infrastructure, Velto Renewables
NextEra Energy, KKR and Partners to Acquire Interest in 1.1 GW Renewables Portfolio
NextEra Energy Resources will offer a 90% passion in a 1 GW renewables portfolio and also 100% interest in a 100-MW solar-plus-storage project for about USD 1.3 billion in complete earnings
Nov 3, 2020 // Markets & Finance News, Storage, USA, solar-plus-storage, North America, NextEra Energy, Jim Robo, solar projects, KKR
LS Power launches power storage and renewable resource firm Rev Renewables
US development and investment firm LS Power has today introduced the production of Rev Renewable LLC, a brand-new firm focused on the advancement, purchase and procedure of energy storage and eco-friendly projects.
Aug 11, 2021 // Storage, USA, North America, Renewable Energy, LS Power, Paul Segal, Rev Renewables, Ed Sondey
Philippines awards 1.5 GW of solar PV in maiden renewables auction
Nearly 1.5 GW of solar PV in the Philippines has actually been gotten via the nation's new renewables auction round.
Jun 28, 2022 // Markets & Finance News, Solar Energy, tender, Asia, Philippines, Southeast Asia, renewables auction, solar philippines
Iberdrola secures EUR-500m loan for global renewables expansion
Iberdrola secures EUR-500-million green loan for renewable energy projects in the US, Australia, and Italy, boosting total financed capacity to 897 MW by 2026.
Aug 2, 2024 // Plants, Large-Scale, Commercial, Italy, Iberdrola, Australia, Europe, Oceania, us
Sabanci Renewables companions with Bechtel on 272-MW Texas solar project
Bechtel has been selected to build Cutlass Solar Two, a 272-MWDC solar center for Sabanci Renewables in Fort Bend County, Texas. Bechtel built the first Cutlass Solar project in 2021. The Fort Bend center will certainly be the first utility-scale solar project in the USA for Sabanci Renewables, a subsidiary of Turkish company Sabanci Holding. Sabanci Renewables will own and run the facility.
Dec 13, 2022 // Plants, Large-Scale, Commercial, Bechtel, Sabanci Renewable, Texas solar project
GreenVolt turns sod on 59MW Polish renewables
Portfolio consists of solar projects along with a mixed wind-solar-storage center
Oct 13, 2022 // Plants, Large-Scale, Commercial, Poland, Europe, PV Power Plant, Greenvolt
Enfinity secures $135M for 1.2GW India renewables
Enfinity Global Inc secures $135 million from CPP Investments to power over two million households in India with 1.2 GW of solar and wind projects.
May 16, 2024 // Plants, Large-Scale, Commercial, India, Asia, Enfinity Global Inc
India's NTPC Seeks Renewables Unit Investor Before IPO Next Year
Generator really hopes investor will enhance unit's public valuation Clean power unit aims to have 60GW of renewables by 2032
Dec 29, 2021 // Markets & Finance News, India, NTPC, Asia, Rupesh Sankhe
California Launches 300-MW Solar-Storage Energy Project
EDF Renewables North America and Power Sustainable Energy Infrastructure Inc. have launched the Desert Quartzite solar-storage park in Riverside County, California, with a capacity of 300-MWac/372-MWdc. This facility, located on federal land managed by the Bureau of Land Management, is projected to generate enough power to support over 163,000 average California homes and reduce carbon dioxide emissions by more than 669,000 tonnes. The energy produced will be sold under a 20-year power purchase agreement with Clean Power Alliance.The project features a 150-MW battery energy storage system designed to store solar energy during peak generation times for later use when demand increases. PSEI acquired a 50% stake in the project last summer, partnering with Potentia Renewables Inc., which served as an integrated developer and operator for the initiative. What are the environmental and operational impacts of the Desert Quartzite solar-storage park? Environmental and Operational Impacts of the Desert Quartzite Solar-Storage Park Environmental Impacts Reduction of Greenhouse Gas Emissions: The estimated reduction of over 669,000 tonnes of carbon dioxide emissions contributes significantly to combating climate change and improving air quality in the region. Land Use Considerations: Being constructed on federal land managed by the Bureau of Land Management, the project may influence land use patterns, potentially affecting local ecosystems and wildlife habitats. Water Utilization: Solar energy generation typically requires minimal water for operations, especially compared to conventional power plants. This is a vital consideration in arid regions like Riverside County, where water conservation is crucial. Invasive Species Management: The development will require monitoring and management to prevent the introduction of invasive plant and animal species that may disrupt local ecosystems during construction and operation. Habitat Preservation and Restoration: Developers may need to implement habitat preservation strategies, including restoration of disturbed areas to support local flora and fauna. Operational Impacts Capacity and Reliability: The combination of solar power generation with a 150-MW battery energy storage system enhances the reliability of energy supply, ensuring that energy is available even when solar generation is low, such as during cloudy days. Local Economic Benefits: The construction and operation of the solar-storage park can create jobs in the local community, including both low-skilled and highly skilled positions in construction, maintenance, and project management. Grid Stability: The ability to store energy allows the facility to play a crucial role in stabilizing the grid, particularly during periods of peak demand, thus enhancing overall energy security. Technological Innovation: By integrating advanced solar technology with battery storage, the project can serve as a testing ground for new energy management systems, potentially leading to improved efficiencies that can benefit future renewable energy projects. Community Engagement and Education: Projects like Desert Quartzite often engage with local communities, promoting awareness of renewable energy benefits and potentially fostering a culture of sustainability. Long-term Sustainability Resilience to Climate Change: The establishment of renewable energy infrastructures like Desert Quartzite contributes to a more sustainable energy grid that is less dependent on fossil fuels, enhancing resilience against growing climate-related disruptions. Potential for Future Expansion: Successful operational outcomes could pave the way for further developments in nearby areas, scaling up renewable energy capacity to meet increasing energy demands. Emphasis on Sustainable Practices: The solar-storage park may adopt sustainable construction practices, promoting the use of local materials and environmentally friendly processes throughout its lifecycle.
Feb 3, 2025 // Plants, Large-Scale, Commercial, Storage, California, USA, North America, PV Power Plant, EDF Renewables North America, Power Sustainable Energy Infrastructure Inc.
BlackRock elevates US$ 4.8 billion for renewables investment
Possession handling huge BlackRock has raised US$ 4.8 billion from institutional capitalists to money sustainable power generation jobs in Europe, Asia and also the Americas.
Apr 8, 2021 // Markets & Finance News, BlackRock, distributed solar development, renewables investment, blackrock real assets, institutional investors, David Giordano
Octopus Renewables takes 'interesting action' as it gets 9.1 MW of roof solar
Octopus Renewables has actually gotten a 9.1 MW profile of functional property UK roof solar assets.
Jul 20, 2020 // Residential, Markets & Finance News, Rooftop PV, UK, Europe, Peter Dias, Octopus Renewables
Infratil creates Asian renewables system with USD-233m commitment
New Zealand-based framework financier Infratil Ltd (NZE: IFT) revealed today it is devoting USD 233 million (EUR 197m) to create its fourth renewable resource advancement platform-- Gurin Energy.
Sep 10, 2021 // Markets & Finance News, Asia, Singapore, Infratil, Gurin Energy