The continual expansion of intermittent renewables and declining technology costs are key factors fueling the global grid battery energy storage market, according to recent analysis by Frost & Sullivan. As more nations across regions commit to generate over 50% of power from renewable energy by 2030 – and modernize their regulations to accommodate flexible assets […]
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Module mounting structures for solar PV systems are mostly found in two flavors: fixed-tilt and tracking. While fixed-tilt systems require lower capital expenditure, need less maintenance and are more reliable, tracking systems can increase the energy yield of a project by increasing the irradiation received by the PV modules as they track the sun through […]
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D. E. Shaw Renewable Investments (DESRI), a company that acquires, owns and manages long-term contracted renewable energy assets in North America, says the 180 MW AC Cove Mountain solar projects in Iron County, Utah, have begun commercial operation. “The DESRI team is thrilled to begin commercial operations at our Cove Mountain facilities which were completed […]
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JPMorgan Chase, a global financial services firm, says it aims to finance and facilitate more than $2.5 trillion over 10 years – beginning this year through the end of 2030 – to advance long-term solutions that address climate change and contribute to sustainable development. The firm will bring together its capital and expertise to help […]
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Kuubix, an installer of residential and commercial solar systems, has entered an agreement with Solegreen Ltd., a publicly traded platform company that is engaged in the set-up, development, construction, management and operation of power-generation facilities using renewable energy. Under the terms of the agreement, Solegreen is expected to invest up to $104 million in the […]
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Catalyze, a developer and independent power producer of renewable distributed generation, storage and electric vehicle projects, has acquired PermaCity, a solar developer and installer, representing a strategic transaction in Catalyze’s recently announced market consolidation strategy. With a commitment to deliver more than 400 MW of projects within the next few years, PermaCity expands Catalyze’s project […]
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Jack Daniel’s has partnered with the Tennessee Valley Authority (TVA), Duck River Electric Membership Corp. and Nashville-based solar power producer Silicon Ranch to provide its Lynchburg, Tenn., distillery with 20 MW of solar energy. TVA signed a long-term power purchase agreement with Silicon Ranch to build, own and operate the solar facility – pending environmental […]
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First Solar Inc., a U.S.-based solar company, says its Series 6 CuRe photovoltaic (PV) technology has a warranted degradation rate of 0.2% per year – the lowest rate for any commercially available PV product today based on publicly available information. Series 6 CuRe’s degradation rate is up to 60% lower than conventional crystalline silicon (c-Si) […]
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Iron Mountain Inc., a storage and information management services company, says it is progressing on the development of enhanced solutions for purchasing renewable energy through readily available retail channels by entering into an agreement with RPD Energy and Direct Energy to track the hourly renewable energy load of Iron Mountain data centers. The structure will […]
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Tigo Energy Inc., a company that specializes in flexible module-level power electronics (MLPE), has filed a new lawsuit against Altenergy Power Systems (APsystems) – in addition to its current ongoing case. The complaint includes four new patent infringement claims, as well as an additional claim from a patent asserted in the previously filed lawsuit. The […]
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Talen Energy Corp., a power generation and infrastructure company, has entered into a joint venture with Pattern Energy Group LP, a privately owned developer and operator of wind, solar, transmission and energy storage projects. Named PT Energy Transitions, the JV aims to pursue the development, financing, construction and operation of approximately 1.4 GW of utility-scale […]
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Northern Indiana Public Service Co. LLC (NIPSCO), a subsidiary of NiSource Inc., and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, have signed a build transfer agreement (BTA) to bring 200 MW of solar energy to Indiana with the Elliot Solar project. “We are proud to partner […]
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