Renewables
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Press Releases
CleanCapital secures $300 million commitment from Manulife Investment Management, acquires 63 megawatts of operating solar projects
NEW YORK—April 20, 2021—CleanCapital, a leading clean energy investment platform and one of the largest owner-operators of distributed solar assets in the United States, announced today a corporate investment from Manulife Investment Management to grow its portfolio of clean energy assets. Manulife Investment Management’s commitment was sourced for the John Hancock Life Insurance Company (U.S.A.) […]
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News
COVID Costs 300,000 Clean Energy Jobs; DOE Readies for Rebound
An analysis of Bureau of Labor Statistics data for 2020 shows the number of workers in clean energy jobs last year fell for the first time since 2015, according to a group of business leaders and investors who study those numbers each year. The group’s “Clean Jobs America” report, released April 19, said about 3 […]
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Press Releases
Strata Solar Announces New Name: Strata Clean Energy
Durham, N.C. (April 15, 2021) — Strata Clean Energy, LLC (Strata), a leading provider of utility-scale solar and battery-energy-storage systems, is announcing its new name, Strata Clean Energy. The rebrand represents the company’s commitment to the proliferation of clean energy products by providing more safe and reliable renewable energy options – especially for large, utility […]
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Press Releases
Solar Leader Summit Ridge Energy Announces Tax Equity Partnership with Foss & Company
Arlington, VA (April 14, 2021) – Summit Ridge Energy (SRE) announced today that it has secured a $55 million tax equity commitment from investment manager Foss & Company. The partnership will fund approximately 73 MWdc portfolio of residential and commercial community solar projects across Illinois, Maryland and Maine. “As the leader in the acquisition and […]
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News
Jack and Solar—TVA Links Iconic Distillery With Renewable Energy
The trend of supplying commercial and industrial locations with renewable energy—along with the Tennessee Valley Authority’s (TVA’s) continuing support of investments in power projects that support sustainability—is being recognized at one of the most-iconic distilleries in the U.S. The TVA on April 13 said it has signed a long-term power purchase agreement (PPA) with Nashville-based […]
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News
Group Installing Solar on its NYC Properties
A New York realty company is providing a model of solar power’s continued growth as it works to complete a project to install solar panels on all the buildings it owns in the borough of Queens. Zara Realty on April 12 told POWER it is “halfway” to completing installation of solar technology on every site […]
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Press Releases
ACWA Power Inaugurates Renewable Energy Project
Al Jouf, KSA (April 9, 2021) — ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants, today announces the official inauguration of the 300 MW Sakaka PV IPP, KSA’s first utility scale renewable energy project, at an investment value of 1.2 billion Saudi riyals. The ceremony was held […]
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Press Releases
Duke Energy, Wells Fargo, NextEra Energy Resources join forces on major solar expansion in North Carolina
CHARLOTTE, N.C. (April 8, 2021) – Wells Fargo has become the latest large energy user to execute a renewable power agreement under Duke Energy’s Green Source Advantage (GSA) program – building on the solar expansion in North Carolina. Wells Fargo will purchase more than 58 megawatts (MW) of solar capacity from the Blackburn Solar project, […]
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POWER Podcasts
Solar Energy in the Sunshine State: FPL Leads the Way
Florida is known as “The Sunshine State,” so it’s no surprise that solar energy is growing rampantly across the state. Among the utilities adding solar resources to their energy mixes is Florida Power and Light Co. (FPL). FPL claims to be the largest energy company in the U.S. as measured by retail electricity produced and […]
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Tidal Power
UK Group Wants to Expand Largest Tidal Energy Project
A UK-based energy company said it is talking with government officials about securing financial support for an expansion of the world’s largest tidal energy project. SIMEC Atlantis Energy (SAE) on April 7 said it wants to move forward with a further rollout of “tidal stream technology” at the company’s MeyGen project in the Pentland Firth, […]