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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.

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.

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.

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.

Regardless of long-term development leads, there seems to be less excitement for the industry, according to experts.

" We're either mosting likely to be laying off numerous staff members or employing hundreds of staff members."

Honeywell has confirmed it will supply Hecate Energy with an Energy Storage System (ESS) for a solar park situated on the Jicarilla Apache Nation in Northern New Mexico. When completed later this year, the 50-megawatt (MW) solar ranch will certainly be capable of supplying sufficient electricity to power up to 16,000 ordinary New Mexican homes for a year. The project will help satisfy the state's decarbonization goals.

Indian corporation Reliance Industries Ltd (BOM:500325) said today its green energy arm has secured an offer to obtain a 20% risk in Caelux Corp, a US-based company engaged in the development of perovskite-based solar modern technology.

Middle-market personal equity firm Greenbelt Capital Partners has led a bulk recapitalisation investment of an undisclosed amount in US solar racking and also mounting solutions provider Unirac Inc

Utility-scale power storage space project developer/ proprietor esVolta will certainly perform a 15MW/ 60MWh battery project to offer California cities that have actually developed their very own 'area selection' power distributor.

Loads of chief executives in the renewable resource sector have demanded that US President Joe Biden reverse the tariff hike Donald Trump's Administration positioned on solar panel imports last year.

Solar tools Imports from South East Asia have actually constantly been coloured for the ultimate Chinese origin. Even India, when it used guard duties in 2018, particularly added Malaysia to the list of targeted nations besides China.