The state of California has passed regulation requiring it to produce half its electricity from renewable sources and doubling of energy efficiency in buildings by 2030.
California Passes Bill for Clean Energy, Efficiency Targets Read More »
US-based Talen Energy Corp. has signed an agreement to sell two hydroelectric power plants with 299 megawatts of combined capacity to Brookfield Renewable Energy Partners for US$860 million.
The Holtwood and Lake Wallenpaupack hydroelectric projects are part of a requirement to divest certain assets in specific regions of the PJM Interconnection, which include portions of eastern Pennsylvania, New Jersey and Maryland, to comply with a December 2014 Federal Energy Regulatory Commission order approving the transactions that formed Talen Energy.
Talen Energy Inks Deal to Sell Two Hydro Plants for US$860 Million Read More »
Canada’s Borealis Geopower and Sponsor Energy Capital have announced their collaboration to finance exploration and development of geothermal resources for power production.
Borealis in Collaboration With Sponsor Energy to Finance Geothermal Projects Read More »
Nautilus Solar Energy has secured the backing of Virgo Investment Group for a management buyout of Nautilus from an investment affiliate of Starwood Energy Group Global.
Nautilus Solar Energy Backed by Virgo for Management Buyout Read More »
The Americas region led the way to US$70 billion in global investment in clean energy technologies the third quarter of 2015, according to the latest data from Bloomberg New Energy Finance.
Clean Energy Investment in Q3 Hits US$70 Billion, NEF Data Shows Read More »
Gamesa has secured separate contracts to supply 108 megawatts of its turbines to wind farms in India and Brazil.
he company will build a 40-MW turnkey wind farm in India for ReNew Power. It will install 20 of its 2-megawatt turbines at the Lingsagur wind farm, located in the province of Karnataka. With a tower height of 104 metres, the new turbine variant -certified by TÜV NORD- is custom-designed for the low wind speed sites typical of India.
Gamesa Bags Wind-Turbine Contracts for Projects in India, Brazil Read More »
Conergy has closed a US$55 million financing facility for the construction of its 36-megawatt North Carolina solar portfolio.
Conergy Completes US$55 Million Financing for 36-MW Solar Portfolio Read More »
Renewable Energy Group has received approval from a Mississippi court to purchase certain equipment at the KiOR Columbus production facility.
Renewable Energy Group Gets Okay to Purchase KiOR’s Biofuel Equipment Read More »
Canadian Solar Inc. has closed on the acquisition of three operating solar projects totalling 59.8 megawatts of capacity from KKR for US$203.7 million.
The company also closed a US$50 million loan with Credit Suisse that is related to the purchase . Credit Suisse also acted as sole financial advisor on the transaction.
Canadian Solar Completes Purchase of Three Solar Farms From KKR Read More »
FuelCell Energy Inc. has secured funding from the U.S. Department of Energy for a carbon capture plant and three projects related to the commercialization of solid oxide fuel cell technology.
FuelCell Energy Locks in US Government Funding for Four Projects Read More »
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