Naturgy enters U.S. renewables market with acquisition, plans $1.8b investment
The Spanish energy company bought developer Hamel Renewables, whose project portfolio includes 8 GW of solar and 4.6 GW of energy storage.
Ironridge shareholders sue Esdec over 2019 merger, allege fraud
The shareholders have filed a lawsuit alleging that Esdec concocted a plan to defraud them and has been avoiding buyout payments.
Amazon to share 120 MW of solar with D.C. suburb
The company and the county agreed through a virtual power purchase agreement to offtake generation from Dominion Energy’s upcoming 120 MW solar facility in Virginia.
Total corporate funding into the solar sector rose 24% in 2020
Despite a slow start and a downturn in venture capital and private equity funding, total funding saw a significant rise, including the largest amount of projects acquired in a single year to date and the largest amount of securitization financing ever in a year.
Sunrise brief: Regulators OK Duke Energy solar plans
Also on the rise: More BESS is coming to ERCOT, Peck Company acquires iSun Energy, Enphase and Sunnova expand their business ties, and a New York community solar project gets a new owner.
McDonald’s adds 420 MW of solar, brings total renewable capacity over 1 GW
The fast-food Giant has signed three new virtual power purchase agreements for two wind farms and a solar project totaling 750 MW, building on last year’s addition of 380 MW of renewables.
Cubico acquires two giant solar installations in Arkansas and Mississipi
The projects will each be among the largest installations in their respective states and advance Cubico’s expansion into the American solar market.
Morning Brief: an update on the Biden Transition, Boralex acquires 209 MW project portfolio
Also in the brief: how the Clean Energy Equity Act can help NJ rebuild better, Dominion signs a power contract for a 75 MW project in Virginia and more.
AT&T inks massive corporate solar deal
The company has come to an agreement with Invenergy to purchase 500 MW of the upcoming 1.3 GW Samson Solar Energy Center in Texas. the deal will make AT&T one of the largest purchasers of corporate solar in the world.
Breaking: PanelClaw acquired by Esdec in a consolidating solar racking market
The solar racking market has quiet revenues of billions of dollars and continues to consolidate — driven by equity firms such as Esdec and Tenex. The market segment has become a small hotbed of M&A.
