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Blackstone commits US$250m to new distributed energy investments

Investment firm Blackstone has formed a new portfolio company that will finance and own distributed energy assets focused on commercial, industrial and institutional customers. GSO Capital Partners, Blackstone’s credit investment platform, will initially commit US$250 million to fund ClearGen, which will offer capital alongside companies that develop and operate distributed infrastructure such as renewable energy […]

Rajasthan ready to lead India’s renewable energy march to 450 GW: Rajasthan Minister of Energy

Why Doesn’t Load Flexibility Have the Same Incentives as Energy Storage?

Load flexibility can deliver the same value as behind-the-metter batteries at a much lower cost, the author writes. We are in the middle of the most remarkable transformation in the history of the electricity grid — from dirty and centralized to clean, distributed, and digital. Many policymakers and pundits believe that if only we had […]

Corvus’ Energy Storage Systems for Harvey Gulf’s Offshore Vessels

In U.S., Engie and Hannon Armstrong Form Multi-Gigawatt Renewables Partnership

The portfolio will stretch across five states and encompass both wind and solar projects. The North American arm of European energy giant Engie SA and climate-focused investor Hannon Armstrong announced Thursday they will partner on a 2.3-gigawatt portfolio of U.S. wind and solar projects slated for completion this year. The two will split equity ownership […]

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

WoodMac: How the Renewables O&M Market Is Adapting to the COVID-19 Crisis

Digital tools such as analytics and remote monitoring will get a boost as wind and solar plant operators draw lessons from the lockdown. Renewables generation has proven largely resilient during the COVID-19 pandemic. Even as global electricity demand has declined, wind and solar PV penetration continues its growth in many regions. In the U.S. — one […]

Rajasthan ready to lead India’s renewable energy march to 450 GW: Rajasthan Minister of Energy

Engie Looking for More US Clean Energy Acquisitions: North America CEO

French power giant plans to ramp up investments into U.S. batteries, hybrid renewables and offshore wind — but gas plants are off the menu. Engie is on the lookout for more clean energy acquisitions in the U.S., where the company plans to ramp up its investments into grid-scale batteries, hybrid renewables projects and offshore wind, […]

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

Google Inks Huge Corporate Solar-Plus-Storage Deal in Nevada

NV Energy will provide 350 megawatts of solar and as much as 280 megawatts of battery storage for a new Google data center. Google and Nevada utility NV Energy have joined up on an energy supply agreement to power an under-construction data center outside Las Vegas, with future capacity that rivals the largest corporate solar […]

Corvus’ Energy Storage Systems for Harvey Gulf’s Offshore Vessels

Utility-Scale Solar Set to Eclipse Onsite Installations in US Corporate Market

Onsite solar installations have dominated the C&I market to date, but the landscape is shifting rapidly, according to Wood Mackenzie. Starting next year, offsite corporate deals are expected to become the largest source of business-led solar procurement in the United States. Procurement from offsite solar power-purchase agreements is expected to triple between 2019 and 2020, […]

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

Google Promises $150M for Renewables to Green Manufacturing Footprint

Tech giant will put money into “key manufacturing regions” for its products, including Nest. Google on Tuesday announced it will spend $150 million on renewable energy projects in “key manufacturing regions” for its products, including Nest, with a goal to encourage $1.5 billion in capital investment for renewables. Details on the commitment were scarce. Because […]

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

The US Remains the Market to Beat for Corporate Renewable Purchases

But China is working on several new policies with the potential to boost corporate-led deployment in the world’s largest wind and solar market. This year is on track to be another record-setter for corporate renewables purchases, and while the U.S. is still the engine driving the market’s growth, China is now on the horizon. So […]

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

SunPower Reports Progress in Its Strategic Overhaul During Q2

“The restructuring of the company is paying off,” SunPower CEO Tom Werner told GTM. SunPower returned to profitability and exceeded its revenue guidance in the second quarter, pointing to signs that its strategic overhaul is bearing fruit. Shares surged 20 percent in after-hours trading, to around $14. Though the company is still working to improve […]

GE alleges Siemens Energy used stolen trade secrets to rig contract bids