Renewables

A subsidiary of Italy-headquartered Turboden has a turbine supply agreement with Texas-based Fervo Energy, a deal that will further support U.S. geothermal energy projects.

Renewable energy developers, independent power producers, utilities and investors have spent the past several years navigating a shifting trade environment affecting solar modules, batteries and wind components. Due to a recent U.S. Supreme Court decision, that now has changed for those who have utilized international supply chains to build their qualifying electric assets.

Aggreko has finalized a landmark power purchase agreement (PPA) with international mining company Harmony Gold for the Eva Copper Mine Project in Northwest Queensland, Australia. The PPA announced April 2 supports development of Australia’s largest off-grid renewable hybrid power facility.

TotalEnergies has sold a 50% stake in an 800-MW portfolio of battery energy storage projects in Germany to Allianz Global Investors, a Germany-based group that has nearly $640 billion of assets under management.

FlexGen Power Systems, which provides battery energy storage software and services, said it has acquired Clean Energy Services (CES). The companies on April 2 said the acquisition “will create an integrated model that accelerates FlexGen’s project delivery, enhances system performance, and strengthens long-term asset reliability for customers.”

Electric utilities and energy consumers have discovered the benefits of electrification as a way to decarbonize operations and take advantage of more intelligent power systems. The push for decarbonization

The global surge in energy demand is spurring investment in several sectors, and is bringing renewed interest in areas such as geothermal. The world’s literal hot spots—places such as Iceland, Indonesia, Kenya, and part of the U.S.—are seeing new projects, often as part of testing of advanced technologies such as enhanced geothermal systems (EGS).

Record battery deployments across Europe are masking a growing crisis: assets that are grid-connected but financially idle, stranded by saturated markets and outdated optimization strategies.

Most commercial solar projects must now meet rigorous “physical work of a significant nature” requirements to establish federal tax credit eligibility.

Overcoming architectural fragmentation in your control environment Many power plants were constructed incrementally over time – control system, adding OEM-supplied turbines and balance-of-plant controllers, proprietary firmware, relays – layer by layer. What was never fully designed was how these systems would function as a single organism over a 30- to 40- year asset life. The […]

An Arizona-headquartered developer, owner, and operator of renewable energy projects said construction of another major energy storage project is underway in California.

With federal tax credits under threat and regulatory stability in short supply, Bala Nagarajan, managing director of the energy investments team at S2G Investments, explained what he looks for in a company. “Is the product or the solution sold by this business cheaper, faster, better than the incumbent solution?” he asked. If so, it’s worth […]

Officials in the UK have published a planning document that calls for housing developers to install solar panels and heat pumps in all new homes in England starting in 2028. The government on March 24 also said plug-in solar panels that homeowners can self-install on balconies would be widely available in the coming months.

A Maryland-headquartered utility-scale developer, owner, and operator of solar power and energy storage projects said it has power purchase agreements (PPAs) with technology giant Google for the electricity from two Texas solar installations.

Electrification has become key for the global move toward cleaner energy, even as government policies continue to impact the use of renewable resources and in some cases embrace continued and even increased support for fossil fuels. Governments and industries wanting to reduce their emissions of greenhouse gases look to electrification not only as an environmental […]

Anaergia Inc. said the California Public Utilities Commission (CPUC) has conditionally approved a long-term biomethane procurement contract supported by Anaergia’s SoCal Biomethane LLC facility, Anew Climate LLC, and Southwest Gas. The project will be the first to supply renewable natural gas (RNG) under California’s Senate Bill (SB) 1440 Biomethane Procurement Program.

Geothermal energy group Fervo Energy, known as a pioneer of next-generation geothermal deployment, said it has successfully closed $421 million in non-recourse debt financing for the first phase of its flagship Cape Station development in Utah.

U.S.-based clean energy group Avantus, along with Toyota Tsusho America (TAI), announced completion of the 159-MW Norton Solar Project in Runnels County, Texas. The companies on March 18 said TAI has entered into a long-term virtual power purchase agreement with Toyota Motor North America for the full output of the solar facility.

For much of the 21st century, the North American power sector drifted along on near-zero demand growth. Utilities retired aging coal plants, developers filled interconnection queues with wind and solar, and investors looked elsewhere for excitement. Then came the data center boom—and seemingly overnight, the industry found itself in a full-blown supply crisis. In a […]

A new report from a leading solar industry group and a top energy data analytics firm said about 43 GW of new solar power generation capacity was added across the U.S. last year.

An Arizona-headquartered energy development group announced the start of commercial operations for a 430-MW solar power installation in Missouri. Scottsdale-based Arevon said it developed, built, and will own and operate the Kelso Solar Project in Scott County.

Clean energy provider Avantus said it has closed a financing package of more than $300 million with Banco Bilbao Vizcaya Argentaria (BBVA) and the New York branch of Canadian Imperial Bank of Commerce for the Kitt Solar and Energy Storage Project in Pinal County, Arizona.

Otovo, an artificial intelligence (AI)-native energy service provider for residential and commercial customers, announced the successful completion of a private placement raising about $16.6 million through the issuance of about 14.0 million new shares.

Minnesota Power has signed an electric service agreement (ESA) with Google for the energy needed to power a 700-MW data center project in the state. The companies on March 3 said the installation in Hermantown would operate under an existing regulated rate structure.

U.S.-based Energea in mid-January announced its acquisition of the YO Residence Solar Project, marking a significant milestone as the company’s first microgrid investment and entry into South Africa’s renewable energy market.

The commercial and industrial (C&I) sector has been a major contributor to the growth of solar power, as business owners look for ways to generate more of their own power, and do it in a sustainable way. Industries interested in decarbonizing their operations are adopting cleaner forms of energy; the effort has spread to the commercial housing sector, particularly in areas with dense populations.

The Catholic Charities of Brooklyn and Queens decided to install 17 solar energy projects, totaling 1.3 MW, on its housing stock, which is 100% regulated affordable housing, with rents that are accessible to low-income households including seniors on fixed incomes. Acting as the owner’s representative, Crauderueff Solar guided the group through each stage of this development process, including design.

A Texas-headquartered solar power and battery energy storage developer said it has completed construction financing for a utility-scale project being built as part of a joint venture with an Israel-based group.

California-based Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and electric vehicle infrastructure projects, said the company has surpassed $280 million in closed corporate and project capital facilities with national bank Pathward, N.A., and BridgePeak Energy Capital, a renewable energy loan originator and service provider to banks and private credit […]

Global renewable energy developer and operator Energea said it has launched its LATAM Energy Portfolio, the company’s fourth and latest active investment strategy. The group on February 25 said it will invest in distributed solar power projects across South America, Central America, and the Caribbean.