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Macquarie Asset Management's Green Investment Group (GIG) has invested in US greenfield renewable energy platform Galehead Development, thus gaining access to a 6-GW project pipe.

In an initiative that looks at "water-energy nexus paradigm acquiring interest amongst public utilities", "the California Department of Water Resources, utility company Turlock Irrigation District (TID), Marin County, California's water and also energy project programmer Solar AquaGrid, together with the University of California, Merced, have actually joined hands for Project Nexus.

Vietnamese PV tech specialist Boviet Solar Technology Co Ltd claimed that it has actually reserved a new order from Origis Energy in the United States, this time around securing a contract to provide over 400 MW of its PERC modules for a utility-scale project.

US energy performance and also renewables firm Ameresco Inc (NYSE: AMRC) has protected an agreement from the United States Army to add a 6-MW/6-MWh battery energy storage system (BESS) to an existing solar farm at the Fort Detrick Army Garrison in Frederick, Maryland.

Energy financial investment system CleanCapital has actually protected a US$ 200 million credit score facility to sustain its pipeline of distributed solar and energy storage projects.

Lightsource BP, the solar energy business backed by BP Plc (LON: BP), will certainly develop a number of solar ranches in Pennsylvania, completing 43.8 MW in straight present (DC), to offer among the biggest transportation companies in the United States.

Both companies have authorized a binding agreement last week for the solar energy portfolio for $293 million. TGC said that the equity funding for these assets was provided by the third fund of TGC, True Green Capital Fund III, as well as its funding partners provided debt as well as tax equity.

European panel maker Recom Technologies will present its Panther series of solar modules for the U.S. market at Intersolar North America following week.

After a successful 2nd financial investment round, North American photovoltaic panel supplier Silfab Solar can now formally introduce it is preparing to open up a 3rd U.S. solar module production center that will certainly additionally include solar cell production.

The US House of Representatives on Friday passed the Inflation Reduction Act (IRA). The largest climate package in United States background will certainly currently transfer to the desk of President Joe Biden, where it is anticipated to be authorized right into law as very early as today.

As 2019 enters its final quarter, the solar industry continues to face headwinds, even as the markets for solar deployment in Europe, the United States, and Australia remain strong. Paula Mints of SPV Market Research takes us through what to expect up until 2021.

Investment firm Partners Group has agreed to obtain a regulating risk in Dimension Renewable Energy, a US-based distributed energy platform concentrated on neighborhood solar as well as battery storage space.

PV inverter manufacturer SolarEdge Technologies uploaded record quarterly earnings in Q2, thanks partially to a strong performance in Europe.

In addition to passing a $1 trillion infrastructure bill yesterday, the U.S. Senate this morning took on a $3.5 trillion budget strategy prior to adjourning for summer recess. Both legislative chambers will now compose a last budget plan. A ballot on last legislation will certainly take place within a few weeks.

Solar power generation in the United States rose by 25.23% in 2021, making it the country's fastest-growing source of electrical power, while renewables made up 21.02% of all electrical energy and also look set to surpass coal in regards to total manufacturing in 2022.