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Intersect Power LLC closes up-to-USD-800-million revolving corporate credit facility to fund renewable energy & storage production, green hydrogen projects, and 2.2 GW of solar & 1.4 GWh of storage capacity. A consortium of Deutsche Bank, Nomura & Santander serve as Coordinating Lead Arrangers.

NIPSCO, a NiSource Inc. subsidiary, has brought 465MW of solar parks online in Indiana. EDPR NA developed and installed them, which will bring in $101 million in tax revenue over 35 years. 75MW of battery storage capacity will accompany them, along with the retirement of the R.M. Schahfer coal-fired plant in 2025. NIPSCO's commitment to benefit customers includes going coal-free by 2028 and cutting their carbon footprint by 90% by 2030.

Following on from the "unveiling" or soft launch of its battery energy storage system (BESS) at Intersolar 2021, Trina Storage has actually formally released its Elementa BESS, with an particular concentrate on security attributes and also cell performance, at Intersolar 2022, where PV Tech is running a live blog.

SB Energy, backed by SoftBank, has secured financing for four solar projects in Texas. They are the first to qualify for federal tax credits, and Google will buy 75% of the energy produced. JPMorgan Chase, Bank of America, Morgan Stanley, and Truist Bank are helping finance the projects, which will create 1.3 gigawatts of power.

Building and construction has begun on what asserts to be Australia's largest crossbreed solar as well as battery energy storage facility.

A device of German renewables business BayWa r.e. AG and Austrian power manufacturer EVN AG (VIE: EVN) are constructing a 24.5-MWp floating solar photovoltaic or pv (PV) farm on an artificial lake in northeast Austria.

Constant Energy names EPC for 52-MW Malaysia solar, locking costs and fast-tracking build with bifacial trackers, SCADA, drone O&M, battery-ready substations, and flexible PPAs amid volatile supply chains.

Biden Management's climate innovation agenda will see United States DOE invest USD 100 million in funding for transformative tidy energy innovation

US energy storage space systems programmer Form Energy Inc has actually elevated USD 450 million (EUR 455.6 m) in a Series E funding round, with the fresh funds coming at a time when the startup is looking for a site to build its initial full-scale battery production center.

The record-setting quarter was driven by virtually 2 GW of utility-scale solar, supplemented by another 1.6 GW of residential capacity. As well as while the pandemic will slow the market in 2020, five-year estimates are solid, especially for Texas.

More details on the 1,500 V energy storage system remedies supplied by Sungrow for the 100MW Minety battery storage space project have today (5 August) been exposed.

Tata Power Solar, the eco-friendly arm of utility large Tata Power, has actually obtained a Letter of Award (LoA) from NTPC to establish 300 MW grid-connected solar project under CPSU Scheme Phase-II.

The expense of producing power from utility-scale solar continues to decline and also keep competitiveness with the low cost existing fossil fuel-powered plants, driven mostly by ongoing modern technology enhancements.

GCPF has introduced the closure of a deal, which will make it possible for CleanMax to increase its operations right into Southeast Asia, targeting Thailand first.

Indonesian state power business Perusahaan Listrikk Negara (PLN) has invited proposals from designers for solar as well as bioenergy projects.