Americas

Americas

Candor Central School District is now one the only solar-powered school districts in the country with the help of Renovus Solar

June 15, 2018 Anand Gupta

CANDOR, N.Y.: The Candor school district is now leveraging energy produced by its own solar power array, constructed with the help of BOCES, the state of New York and Renovus Solar. Due to the energy credits generated by the school’s solar system, the district is on track to save more than $125,000 in electrical costs […]

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Largest Residential Childcare Community and School in Illinois selects ForeFront Power for solar energy project

June 15, 2018 Anand Gupta

MOOSEHEART, Ill.: ForeFront Power and Mooseheart Child City and School (“Mooseheart”) are excited to announce that the residential childcare and education community will install 2.8 megawatts (MW) of solar photovoltaic capacity at their campus. The ground-mounted project is expected to save the campus $2.6 million over 20 years while offsetting 114 million pounds of carbon […]

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The US has added more solar power than any other type of electricity in 2018 so far – more evidence of an energy revolution

June 15, 2018 Anand Gupta

The US added more solar power than any other type of electricity in the first quarter of 2018. Solar accounts for 55% of all US electricity added so far in 2018. The number is evidence of a broader global shift: Investment in renewable energy for electricity is overtaking fossil fuels. The US added more solar power than any […]

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AES Completes Sale of Eletropaulo

June 15, 2018 Anand Gupta

ARLINGTON, Va.: The AES Corporation (NYSE: AES) announced that it has completed the sale of its 17% interest in Brazilian utility, Eletropaulo, to Enel Brasil Investimentos Sudeste, S.A., a subsidiary of Enel S.p.A. for a total consideration of BRL 1.27 billion. The transaction closed today and the total projected net proceeds of approximately $310 million […]

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Hydro-Québec and Central Maine Power Announce Another Major Milestone towards a Historic Agreement to Bring Clean Energy to Massachusetts

June 15, 2018 Anand Gupta

MONTREAL & AUGUSTA, Maine: Hydro-Québec and Central Maine Power Company (“CMP”) a subsidiary of AVANGRID, Inc. (NYSE:AGR), jointly announced the successful conclusion of contract negotiations with the Massachusetts electric distribution companies (EDCs) for the New England Clean Energy Connect (“NECEC”) 100 percent hydropower project. The Massachusetts EDCs will next file the agreements with the Massachusetts […]

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Met Council to enroll in Renewable*Connect program

June 14, 2018 Anand Gupta

The Metropolitan Council will use more renewable energy in the coming years after entering into a new partnership with Xcel Energy, it announced June 8. The regional body says it will purchase about 45 percent of its electricity through Xcel’s Renewable*Connect program, pending state regulators approving a second round of the program. It plans on […]

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Fengate announces $100 million co-development partnership with PowerFin,and acquires portfolio of operating solar assets in TexasTexas-based investment is latest development with Fengate’s…

June 14, 2018 Anand Gupta

Houston, Texas: Fengate Real Asset Investments (“Fengate”) is pleased to announce a $100 million equity commitment and co-development partnership with Texas-based PowerFin Partners (“PowerFin”) and the acquisition of a 9.1 MWdc portfolio of operating solar projects in Austin and San Antonio, Texas, from PowerFin, as the seed investment. The multi-year investment will fund the development […]

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New Blockchain Renewable Energy Pilot to Power 500,000 Homes

June 14, 2018 Anand Gupta

Swytch and Energy2market Partner on New 3.5Gw Blockchain Pilot in Germany AUSTIN, Texas: Swytch, a blockchain-based clean energy incentive, and the Germany-based Energy2market GmbH (e2m), a leader in aggregated energy trading throughout Europe, today announced a pilot program which includes roughly 3.5Gw of solar, wind, hydro and biogas energy capacity in Germany, which is enough […]

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Innovative Solar Systems, LLC Achieves Solar Farm Shovel-Ready Status in SC

June 14, 2018 Anand Gupta

ASHEVILLE, N.C.: U.S. utility-scale solar farm developer Innovative Solar Systems LLC (ISS) announces the achievement of shovel-ready status for a 20MWac solar farm project located in Martin, South Carolina. ISS, on behalf of its client, has secured an interconnection agreement as well as executed a power purchase agreement for the project. This solar farm has […]

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Dimension Renewable Energy Launches, Focusing on Development of Distributed Renewable Energy Projects Across the United States

June 14, 2018 Anand Gupta

The newly formed renewable energy development company is backed by global leaders in infrastructure, energy and natural resources ATLANTA: Dimension Renewable Energy has closed its Series A and B financings and launches operations to develop distributed renewable energy projects across the United States. The company was founded by Rafael Dobrzynski and Sam Youneszadeh, both seasoned […]