Renewables

Bristol (April 27, 2021) — As offshore wind expands in the US, local commercial vessel and workboat operators looking to become leaders in the emerging offshore support market must respond to the demands of project owners whose standards and ways of working have been established in the mature European sector. That is according to Reygar […]

NEW YORK, April 22, 2021—Bureau Veritas today announced the acquisition of Bradley Construction Management, a US-based leader of project management and construction management services for the renewable energy sector. Established in 2013 and headquartered in Dallas, Texas, Bradley Construction Management specializes in providing on-site construction management for independent power producers in the renewable energy sector with a focus on […]

Ocergy Inc., a company developing a couple of new offshore wind energy solutions, announced last week that Chevron Technology Ventures and Moreld Ocean Wind (MOW) were investing in its Series A round of funding. The money is expected to help the company commercialize its OCG-Wind Floating Offshore Wind Turbine technology and OCG-Data environmental monitoring buoy. […]

The European Union’s (EU’s) much-watched Taxonomy Climate Delegated Act—the world’s first “green list”—unveiled by the European Commission (EC) on April 21 qualifies several power-producing sectors in its technical screening criteria for sustainable investment decisions. However, it delays controversial decisions on gas and nuclear.  The EC adopted the Delegated Act as part of an ambitious package […]

A well-known chocolate maker has announced two new clean energy partnerships as the company continues to increase its sustainability efforts. The Hershey Co. on April 20 said it has power purchase agreements (PPAs) to take electricity from two solar projects, one in North Carolina and another in Texas. Hershey, like many corporate power customers, has […]

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.) […]

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 […]

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 […]

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 […]

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 […]