Search

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.

Duke Energy and Amazon have launched a 2-MW rooftop solar project in Northern Kentucky, providing clean energy to 400 homes and businesses. The project is part of Amazon's commitment to reach net zero carbon emissions by 2040. Duke Energy has three other solar sites in the region.

The energy regulator has set a 15-year payment of $0.10/kWh for PV projects with a generation capacity of 10 kW-1 MW. The first auctions for large renewables projects are planned for early next year and will grant a fixed rate rather than a variable premium.

RWE AG partners with WhiteRock Renewables to boost US renewable energy projects, aiming for 30% global green capacity by 2030.

The developer also settles financing for the Gaskell West 2 and 3 projects

Sembcorp Industries Ltd to acquire 245 MW of renewables capacity, including wind, solar and hydropower, for SGD-218-million. Deals to be completed in 2024 and will help Sembcorp reach its goal of 25 GW of gross installed renewables capacity by 2028.

Amber Infrastructure Team has launched Circle Power Renewables, an advancement firm focused on solar, wind and battery projects in Michigan and various other United States markets.

Luminace will acquire the assets, with EDF serving as EPC specialist

New York Governor Kathy Hochul on Thursday introduced campaigns offering USD 33.6 million (EUR 33.6 m) in funding for long-duration energy storage space, consisting of hydrogen projects, targeted at advancing the integration of renewable energy as well as lowering the reliance on fossil fuels.

Igneo Infrastructure Partners has acquired a majority stake in US renewable power producer Soltage LLC, enabling the expansion of its 1.9-GW pipeline of solar and storage projects. Prudential Private Capital has sold its equity interest with Co-founder and CEO Jesse Grossman and the management team retaining shareholdings.

Sutton Bridge in South Holland district of Lincolnshire is due online by late 2022

The most up to date investment improves the $400 million financial investment from KKR in November 2022. Serentica Renewables will mount 4000MW of renewable resource capacity that will certainly help clean energy shipment to large-scale industrial consumers.

EDF Renewables UK & PS Renewables have unveiled plans for the Rosefield Solar Farm in Buckinghamshire, England. A NSIP with a generating capacity of over 50 MW, public consultation begins 28th September. Low carbon electricity to power thousands of homes & businesses, while delivering substantial benefits to the local community & environment.

On July 29, the Ninth Circuit Court of Appeals affirmed the lower court’s decision in Winding Creek Solar LLC v. Peterman et al., ruling that California’s feed-in tariff for small qualifying facilities (QFs), the Renewable Market Adjusting Tariff (ReMAT), violates the federal Public Utility Regulatory Policies Act (PURPA) (Ninth Circuit Case No. 17-17531).

Global renewables capacity must accelerate to meet COP28 goal of tripling renewables by 2030, says IRENA. Current growth rate falls short, highlighting the need for faster progress.