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Day: February 17, 2022

AMPYR Solar Europe secures £334m for solar assets in Europe

Published: 17 Feb 2022, 12:33 AMPYR Solar Europe’s partnership with CarVal Investors will help their plans to bring over 2GW solar assets by 2025. AMPYR Solar Europe’s (ASE) has announced a new partnership with CarVal Investors, which will help it develop over 2GW of solar power capacity by 2025. An initial payment of £209 million (€250 million) …

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RFP Alert: PECO to procure 8,000 solar credits from Pennsylvania providers

PECO, Pennsylvania’s largest electric and natural gas utility, has launched the final phase of its two-year solar credit procurement program. This program is part of a focused initiative to increase the company’s local solar credits by 8,000 annually and create longer-term market pricing for solar credits that will further support the development of local solar …

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Solar supply chain trouble to ease this year, according to analyst

Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region. January 12, 2022 The supply chain problems which helped drive up the cost of solar power equipment last year will ease in 2022, according to Scottish analyst Wood …

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PosiGen closes $100 million preferred equity financing

Magnetar Capital was the lead investor and will name two new members to PosiGen’s board of directors. January 5, 2022 PosiGen, a provider of solar PV and energy efficiency solutions to low-to-moderate income (LMI) households announced the close of a $100 million preferred equity financing, led by Magnetar Capital’s Energy & Infrastructure group. The Investment …

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Hyperlight Energy signs exclusive license with NREL for CSP receiver design

“We’ve worked in partnership with NREL on our in-house developed world-beating low-cost reflector system for close to a decade,” said John King, CEO and cofounder of Hyperlight Energy. Hylux differs from conventional CSP design in that it uses recyclable plastic as opposed to the large quantities of steel normally used to construct CSP plants. Constructing …

Hyperlight Energy signs exclusive license with NREL for CSP receiver design Read More »

The Coast News Group

SOLANA BEACH — The Solana Beach City Council passed a resolution this week meant to protect solar energy in the city as investor-owned utilities push for new net energy metering that advocates say harms renewable energy. The city is just the second public jurisdiction in the state to pass such a resolution following the Santa …

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Sheetz invests in enough solar to power nearly 70% of Pennsylvania facilities

Sheetz, a family owned and operated restaurant and convenience store chain, announced a long-term renewable supply agreement with Constellation, a supplier of clean energy solutions, to power nearly 70% of its Pennsylvania facilities with renewable energy. Backed by Sheetz’s commitment, Constellation has entered into separate long-term power purchase agreements to procure a total of 55 …

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River start Construction

EDPR completes the construction of 200 MW solar park, the largest in Indiana

EDP ​​Renewables (EDPR), through its subsidiary EDP Renewables North America LLC, has completed the construction of the 200 MW Riverstart Solar Park project. The company closed a 20-year power purchase agreement (PPA) with the cooperative Hoosier Energy that will use the energy generated by the solar park to supply communities in central and southern Indiana …

EDPR completes the construction of 200 MW solar park, the largest in Indiana Read More »

Silicon Ranch raises $775 million in equity capital

Royal Dutch Shell-backed Silicon Ranch announced the raise of $775 million in equity capital. The round was led by new investor Manulife Invesment Management, a division of Canada’s largest life insurance firm, which contributed $400 million. Existing investors Shell TD Greystone Infrastructure Fund and Mountain Group partners participated, as well. The deal is expected to …

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