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Planted Raises $31.8 Million to Accelerate Autonomous Solar Deployment
A company that specializes in autonomous power deployment said it has raised $31.8 million to scale its operations. California-based Planted said the new capital expands its robotic fleet.
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Econergy Expands European Base, Acquires French Wind Energy Platform
A European independent power producer is expanding its asset base on the continent. Israel-headquartered Econergy on September 15 said it is entering the French market with a €134-million ($155 million) acquisition of Escofi, a private wind energy platform of about 740 MW.
Hexagon, Weyerhaeuser Ink Geothermal Development Deal for Pacific Northwest
An independent energy development company and a long-time manufacturer of wood products have signed an agreement to develop geothermal projects in Washington and Oregon.
 
DOE Closes $1.9-Billion Loan to Restart Duane Arnold Nuclear Plant
The U.S. Dept. of Energy (DOE) said the agency has closed a loan of as much as $1.9 billion to NextEra Energy to support the restart of the Duane Arnold Energy Center in Iowa.
 
U.S. Army Mobilizes $2.2B Janus Program to Deploy More Than 20 Commercial Microreactors
The U.S. Army has mobilized up to $2.2 billion for a five-year effort to build and operate more than 20 commercial nuclear microreactors across military installations, selecting five reactor developers…
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Is the Smart Money Buying Operators Rather Than Megawatts?
The wait for a large gas turbine now runs longer than the time it takes to design, permit, and build the plant it will sit in. Order one today from any of the three largest manufacturers, and the delivery slot
NextEra, Santee Cooper Point to Real Dollar Savings From AI Deployments
NextEra Energy says an artificial intelligence (AI)–driven dispatch and outage-scheduling tool has saved its customers more than $20 million so far this year. Santee Cooper expects a custom AI weather-forecasting…
Apex Clean Energy Signs PPA with Meta for Solar Power from Texas Project
Apex Clean Energy announced the Virginia-based company has a power purchase agreement (PPA) with technology giant Meta for exclusive rights to energy from the Starling Solar project in Gonzales County,…
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Generate Capital Closes $117-Million in Financing for Community Solar
Generate Capital, a leading investor, owner and operator of critical infrastructure, on September 15 announced the closing of a $117-million term debt facility with MUFG to finance a portfolio of community solar projects. The transaction marks Generate’s first community solar financing with MUFG and further expands the company’s network of leading institutional financing partners.
Battery Energy Storage Group Receives Millions in Funding
Horizon Technology Finance Corp., an affiliate of Monroe Capital, on September 10 said that the RoHo Capital Opportunity Fund LLC, a joint venture formed by Horizon and CR Financial Holdings, Inc., the holding company for Roth Capital Partners, LLC, has provided a $20-million senior credit facility to NeoVolta, Inc., with the ability to increase the facility to $30 million upon mutual agreement. An initial $20 million was funded at closing to support NeoVolta’s continued growth.
Revolve Renewable Power Secures $24 Million from Mexico Bank for Project Financing
Canada-headquartered Revolve Renewable Power Corp., a North American owner, operator and developer of power generation and digital infrastructure projects, announced it has entered into a MXN$450 million ($24 million) project-level,…
Hull Street Acquires Two PJM-Based Power Stations from Rockland Capital
Maryland-based investment firm Hull Street Energy announced it has completed its acquisition of two Midwestern power plants that provide electricity in the PJM Interconnection.
Dimension Energy Secures $857 Million to Support Distributed Solar
A U.S. developer, owner, and operator of distributed energy infrastructure announced it has received an $857-million capital infusion to accelerate growth of its distributed solar energy program.