Tech giant may reach its 100 percent renewables goal five years early, but environmentalists remain skeptical of its climate goals. Amazon will add 615 megawatts of solar projects to its existing and announced renewables portfolio of more than 2.9 gigawatts, the technology and shipping giant said on Thursday. The projects will go up across the […]
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Innergex Renewable Energy has closed construction financing, a tax equity commitment, and secured a seven-year term loan facility for the 200-MW Hillcrest solar project in Brown County, Ohio. The $191.8 million financing was led by CIT’s Power and Energy group and includes MUFG and Mizuho, as well as Wells Fargo as the tax equity investor. […]
WARREN, Mich. : General Motors Co (GM.N) and South Korea’s LG Chem (051910.KS) said on Thursday they will invest $2.3 billion to build an electric vehicle battery cell joint venture plant in Ohio, creating one of the world’s largest battery facilities. The plant, to be built near GM’s closed assembly plant in Lordstown in northeast […]
With the Trump administration’s efforts to prop up coal and nuclear capacity having stalled, Ohio legislators are looking to throw a lifeline to FirstEnergy’s nuclear plants. Ohio state lawmakers are moving ahead on a bill that would gut the state’s renewable energy and energy efficiency funding in order to bail out nuclear power plants owned […]