Month: March 2022

Hanwha becomes largest shareholder in REC Silicon and will reopen Moses Lake factory in 2023

Following its initial $160 million acquisition to acquire a 16.67% stake in REC Silicon in January 2022, Hanwha will now become the largest shareholder of REC Silicon by acquiring an additional 4.67% stake from Aker Horizons, a sustainability investment firm that had been co-owner of REC Silicon with Hanwha Solutions. The deal is valued at …

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KORE Power launches energy storage installation division after NRI acquisition

American lithium battery maker KORE Power is getting into the installation game after acquiring Northern Reliability (NRI) and launching KORE Solutions, a full-service storage integrator. This move will allow KORE to become a vertically integrated energy solutions provider. KORE Solutions combines the manufacturing capabilities of KORE Power with NRI’s nearly 50 years of experience advancing energy …

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FedEx donation propels Solar For All Schools program into Pennsylvania and beyond

Generation180 and FedEx have launched a new collaboration that will enable more U.S. schools to obtain solar power and benefit from cost savings, educational opportunities and climate protection. With support from FedEx, clean energy nonprofit Generation180 will expand its national Solar for All Schools program and the impact that K-12 schools can have in mitigating …

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New Illinois community solar project will provide free power to low-to-moderate-income families

ComEd announced the launch of a community solar project in Kankakee County that offers qualified ComEd customers throughout northern Illinois access to solar energy and savings of up to $1,000 annually on their electricity bills for a three-year subscription term. The Gar Creek community solar project is located in a low-income neighborhood and includes two …

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Idaho utility launches renewable energy program with 40-MW solar project

State utility Idaho Power will facilitate the construction of a new 40-MW solar project in partnership with computer storage manufacturer Micron. The project supports Micron’s goal to source 100% renewable energy for its U.S. operations by the end of 2025. As part of the contract, Idaho Power has asked the Idaho Public Utilities Commission (IPUC) …

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New York becomes first state to surpass 1 GW of community solar installed

Gov. Kathy Hochul announced New York has become the top community solar market in the United States with more than 1 GW of community solar installed and operational — enough to serve 209,000 homes across the state. New York also has the largest pipeline in the nation with enough community solar under construction to serve …

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Texas has enough solar and wind planned to permanently shut down coal

Texas could meet the state’s energy needs by replacing coal with a fraction of what is proposed in solar and wind, according to Rice University researchers. March 22, 2022 A research team at Rice University is modeling least-cost paths to a renewable energy future for Texas, a state that burns more coal and emits more …

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Nexamp adds energy storage to two existing community solar projects in Massachusetts

Nexamp has completed two energy storage projects, co-located with existing Nexamp community solar farms, in Massachusetts. The battery projects will provide critical frequency regulation services for the ISO New England market in addition to other grid functions. Clark Road project The projects are located in the grid-congested area of Central Massachusetts, in the National Grid …

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