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Honda and LG Energy Start Multi-Billion EV Battery Plant in Fayette County, Ohio
Honda and LG Energy Solution have announced the construction of a joint venture electric vehicle battery plant in Fayette County, Ohio. The two companies have committed to invest $3.5 billion in the new facility, with an overall investment reaching $4.4 billion. The aim is to reach an annual production capacity of 40 GWh.
Mar 1, 2023 // Storage, honda, EV, LG Energy Solutions, LGES, Toshihiro Mibe, Dong-Myung Kim, electric vehicle battery plant, Jon Husted, Mike DeWine, Robert H. Lee
Duke Energy Operationalises 250 MW Solar Project in Texas
The 250 MW Pisgah Ridge Solar project in Navarro County is its biggest solar plant till date.
Duke Energy has authorized 3 VPPAs that account for greater than 90% of the solar project's output.
Mar 9, 2023 // Plants, Large-Scale, Commercial, Duke Energy, Solar Power Plant, Chris Fallon, Duke Energy Sustainable Solutions, virtual power purchase agreement, Charles River Laboratories International, DESS, Erik Petrovskis, Gregg Belardo, Meijer, Moss, Navarro County solar power, Pisgah Ridge Solar project, Texas solar sector
Masdar completes acquisition of US 128MW solar stake
Developer has actually acquired a 50% share in project from EDF Renewables North America, that includes 40MW of storage
Apr 12, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Masdar, North America
India Reaches 60GW Solar Manufacturing Milestone
India's solar industry is making history, with 60 GW of module manufacturing capacity available in FY 20-21 - a 50x increase! Reaching the government's 500 GW renewable energy target by 2030 is within reach, thanks to high-quality Indian-made solar modules in North America and Europe. The PLI scheme adds 40 GW capacity by FY 24-25, making India a leading global supplier.
Nov 9, 2023 // Manufacturing News, India, Asia, All India Solar Manufacturers Association, AISMA
BayWa r.e. Raises $115 Million Afresh For Solar+ Storage Projects
The firm has actually secured a $115-million credit facility with worldwide economic services solid Nomura for its utility-scale solar as well as solar+ storage projects in the US.
The credit facility will at first support projects completing 1.1 GW of solar and also 188 MWh of battery storage.
May 3, 2023 // Markets & Finance News, Storage, USA, UTILITY-SCALE SOLAR, North America, baywa r.e, Alain Halimi, Solar Power Projects, nomura, Vinod Mukani, Fred Robinson
GoodWe's Vietnam Plant Boosts Global Expansion Strategy
GoodWe Technologies Co Ltd expands globally with new manufacturing plant in Vietnam, enhancing competitiveness and customer service in key markets.
Mar 14, 2024 // Manufacturing News, Inverters, Asia, Vietnam, GoodWe
PAG raises USD 550m for Asia-Pacific renewables fund
PAG raises $550 million for renewable energy fund targeting Japan's solar market, backed by global investors including Mubadala Investment Company. CEO James Buford emphasizes shift to clean energy in Asia.
May 21, 2024 // Markets & Finance News, PAG
Planned 48 MW Netherlands solar plant could be an additional solar freeway
It is unclear whether panels will certainly line the Rijksweg 59 freeway or be sited alongside a stretch of it. UK oil titan Shell is intending the setup as part of a renewables gather to additionally include wind power.
Mar 4, 2020 // Plants, Large-Scale, Commercial, Europe, Netherlands, shell, Marcel Willemsen
AfDB approves €138 million package for Tunisian grid
The African Development Bank’s (AfDB) board of directors have approved a €138 million (US$154 million) investment for Tunisia’s state-run electricity distribution network.
Oct 17, 2019 // Plants, Large-Scale, Commercial, Grids, Tunisia, Africa, African Development Bank, tunisian electricity and gas company, Mohamed El Azizi
Enel pens deal for United States solar-powered eco-friendly hydrogen project
Enel Green Power has actually authorized an agreement that will see energy from among its US solar projects converted into eco-friendly hydrogen to be provided to a bio-refinery.
Dec 10, 2020 // Plants, Large-Scale, Commercial, Solar to Fuel, USA, UTILITY-SCALE SOLAR, Enel, hydrogen, North America, electrolysis, Salvatore Bernabei
Renewables investor Excelsior protects US$ 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
EDP Renewables gets in 'quick relocating' US distributed solar space with C2 Energy Capital acquisition
EDP Renewables (EDPR) has actually acquired an 85% stake in C2 Omega, the dispersed solar platform of renewables capitalist C2 Energy Capital.
Jan 19, 2021 // Markets & Finance News, USA, C&I, EDP, North America, C2 Energy Capital, Rui Teixeira, distributed pv
LG Energy Solution Takes Over US-based NEC Energy Solutions
South Korean lithium-ion battery supplier LG Energy Solution (LG ES) has actually acquired US-based market gamer NEC Energy Solutions from NEC Corporation for an undisclosed sum.
Sep 22, 2021 // Markets & Finance News, Storage, Software, USA, Japan, Massachusetts, South Korea, Asia, North America, NEC Energy Solutions, LG Energy Solution, NEC Corporation
Lightsource BP to co-develop 400MWp of solar capacity in Italy
The firm plans to additional bolster its presence in the Italian renewable sector through these collaborations.
Feb 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Lightsource BP, Europe, Giovanni Mascari
The Catholic University of America furthers sustainability efforts with 7.4-MW community solar project
Standard Solar is partnering with The Catholic University of America to construct the Washington metropolitan region's biggest urban community solar array on the University's campus in Northeast D.C
Mar 18, 2022 // Plants, USA, North America, The Catholic University of America, John Finnerty