Press Releases
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Press Releases
Avantus and Allianz Capital Partners Announce Completion of Sale for Galloway 2 Solar Project
AUSTIN, Texas (Nov. 3, 2022) — Avantus (formerly 8minute) announced it has completed the sale of the 147-megawatt (MWdc) Galloway 2 Solar Project to Allianz Capital Partners, one of the Allianz Group’s asset managers for alternative equity investments. Located in Concho County in Central Texas, Galloway 2 is expected to inject tens of millions of […]
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Press Releases
Fengate acquires 160-MW Prairie Switch Wind project in Texas and signs PPA with Meta
HOUSTON, Texas (Nov. 3, 2022) — Fengate Asset Management is pleased to announce the acquisition from Triple Oak Power of the ready-to-build 160-megawatt Prairie Switch Wind project located outside of Houston, Texas. The Prairie Switch Wind project will utilize 48 of GE Renewable Energy’s 3.4-MW wind turbines and is expected to be fully operational by […]
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Press Releases
Top 4 developments that will shape the air source heat pump market dynamics by 2030
NOV. 2, 2022 — Air source heat pumps (ASHPs) have emerged as a low-carbon way of heating that can potentially overcome some of the concerns associated with extreme temperatures, changing climate, and environmental adversities. When properly installed, these heat pumps can deliver up to three times more heat energy than the electricity consumed. The need to […]
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WATTMORE and Urban Electric Power selected to join Newlab’s Resilient Energy Studio, will team up to bring energy storage solutions to NYC
Brooklyn, New York, Nov. 1, 2022 — WATTMORE, a climate tech start-up building an adaptive Energy Management Software platform for managing and operating the coming wave of scalable energy storage projects, has been chosen along with battery innovator Urban Electric Power to participate in the Resilient Energy Studio, a partnership between the New York City […]
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Press Releases
Fulcrum 3D sheds light on solving U.S. solar industry’s underperformance
U.S. solar developers can address a number of crucial underperformance issues identified in kWh Analytics’ Solar Risk Assessment: 2022 through the adoption of pre-build resource assessments that utilize site-based measurement campaigns, according to Fulcrum 3D. kWh Analytics’ Solar Risk Assessment: 2022 report called on the U.S. solar industry to identify new solutions to issues causing underperformance across the industry. Despite […]
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Press Releases
ACWA Power set to enter Indonesia with two floating solar PV projects
Saguling and Singkarak projects represent a 110MWac combined capacity and US$105million in investment value Facilities are ACWA Power’s first floating solar PV projects in its 60+asset portfolio Riyadh, Kingdom of Saudi Arabia, November 01, 2022: ACWA Power Company, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants, today announced […]
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Press Releases
Mitsubishi Power and Egypt’s Damietta LNG Sign Long Term Service Agreement to Enhance Power Supply Reliability and Availability
Cairo, Egypt, Nov 1, 2022 – (JCN Newswire) – Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), signed a Long Term Service Agreement (LTSA) with Damietta LNG (DLNG), a leading producer and exporter of liquid natural gas in Egypt, to enhance the reliability, efficiency and availability of power supply, and protect […]
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Press Releases
NRECA Receives $15 Million DOE Award to Expand Cyber Protection of Industrial Control Systems
ARLINGTON, Va. – The Department of Energy today awarded a $15 million award to the National Rural Electric Cooperative Association to help electric cooperatives expand their cyber monitoring capabilities of their industrial control facilities. The award will be spread over three years, with $10 million disbursed in 2022 and the remaining $5 million in subsequent […]
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Geothermal could become workhorse of the energy transition
–Climate tech panelists discuss field’s huge potential and challenges CAMBRIDGE, MA–Geothermal energy—the heat deep below our feet—has the potential to become the workhorse of the energy transition as it grows from supplying just 0.4 percent of the world’s energy today to upward of 20, 30, and even 50 percent by 2050. That’s according to the […]
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Arevon Secures 2 GW Supply of Responsibly Produced American Solar Modules from First Solar
NEW YORK, SCOTTSDALE and TEMPE, Ariz. – October 27, 2022 – Arevon Energy, Inc. has secured a more than 2–gigawatt (GW)DC supply of advanced Series 7 thin film photovoltaic (PV) solar modules from First Solar, Inc. (Nasdaq: FSLR) to support its growing renewable energy portfolio. Approximately 700 megawatts (MW)DC of the total volume secured includes purchase […]
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