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Day: January 24, 2023

Colorado co-op signs on for 1.2 TWh of annual renewable energy

CORE Electric Cooperative will purchase wholesale electricity from 400 MW of solar and wind and 100 MW of energy storage managed by Invenergy. January 24, 2023 Invenergy, a leading developer, owner and operator of renewable energy assets announced it has entered a wholesale power supply agreement with CORE Electric Cooperative, the largest not-for-profit electric cooperative …

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Burns & McDonnell get DOL approval for solar construction apprenticeship program

Solar EPC Burns & McDonnell has received approval from the U.S. Dept. of Labor for a new open-shop solar apprenticeship program with a national scope intended to help address chronic shortages of skilled labor in the construction industry. The approval allows Burns & McDonnell to immediately launch a program that will enable skilled labor needed …

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Hecate Energy arranges landmark $550 million debt facility

The financing with ten commercial banks is funding a vast multi-year pipeline of 35 GW solar and storage assets. January 24, 2023 Hecate Energy, a Chicago-based renewable energy project developer, closed a five-year $550 million debt facility package from ten lenders.  The facility consists of a $250 million term loan and $300 million letter of …

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Solar to power California hydrogen production facility

Element Resources plans to build and operate a renewable hydrogen production facility in the Lancaster, California, further expanding the duo’s relationship to build one of California’s largest green hydrogen production facilities. The project, located within Lancaster’s city limits, is less than 100 miles from the ports of Los Angeles and Long Beach, and will supply …

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Best practices and guiding strategies for playing the solar procurement game

In a volatile, supply-constrained environment, pricing and availability can change in an instant, sending buyers right back to the starting point. Ask a large energy buyer how to manage the solar procurement timeline, and the answer might go something like this: “Recently, if panels are available, we and our competitors are buying them within hours …

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kWh Analytics launches property insurance for solar projects

kWh Analytics has partnered with Aspen Insurance for a new property insurance option for renewable energy asset owners. This new product, which provides coverage against physical damage for solar and other renewable projects, introduces much-needed capacity to a rapidly growing industry at a time when traditional carriers are tightening their portfolio exposure. Recent years have …

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