Norway’s Statkraft to buy UK’s Solarcentury in latest solar-hydropower blend
The Norwegian hydropower business wants to pay $152 milllion for the London-based clean energy developer which claims to have brought to life 1.2 GWp of project capacity in seven countries since 2013.
American solar states: Net metering caps nearly met in Michigan, project denial appealed in Pennsylvania
Significant solar developments are happening all across the country, with Wisconsin looking to add nearly 200 MW of utility-scale solar and AEP coming to terms on a power contract for a 50 MW project in Ohio.
Will clean energy SPACs survive current Wall Street bubble?
The experts say yes. SPACs representing $53 billion in investments accounted for about half of all IPOs this year — providing a pathway to public markets for emerging clean tech companies developing disruptive, pre-revenue technologies.
NIPSCO to bring an additional 1 GW of solar to Indiana by 2023
The utility has announced three new, massive solar projects, set to be developed by subsidiaries of NextEra Energy Resources. With these projects confirmed, the utility has now secured roughly 1.4 GW of the 2.3 GW it is looking to bring on-line to replace its aging coal fleet.
Solar racking companies are getting acquired in a consolidating market: Who’s next?
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. Who’s next?
Morning Brief: Home Depot and Enel signa power contract, National Grid rebrands its renewable arm
Also in the brief: CollectiveSun raises $4 million for San Diego nonprofits to go solar, EDP has closed on a power contract for 100 MW of solar generated by two projects in Ohio and more.
Fluence acquires Advanced Microgrid Solutions, in bid to help customers monetize storage, renewable assets
“Storage is the first truly digital asset that you can put on the electric network. That means the smarter we are with digital, the better job we can do powering the electric network,” Brett Galura, CTO at Fluence said, declining to disclose the acquisition’s price tag.
Morning Brief: Pennsylvania looks to make community solar legal, Constellation signs 100 MW of supply contracts
Also in the brief: Wyoming regulators are critical of Pacificorp’s transition plan and solar and renewable industry leaders have begun an initiative to increase workforce diversity and inclusion throughout the industry.
Louisiana’s largest solar project sold, largest rooftop project in the state completed
The two big solar announcements come on the heels of Entergy’s new commitment to achieve “net-zero emissions” by 2050, even though these plans still rely heavily on natural gas generation.
Facebook doubles down on renewable commitment in Utah with 235 MW in solar contracts
Facebook now has contracts for 694 MW of solar power in Utah (63% of the state’s solar generation capacity) in its pursuit of becoming entirely renewably-powered by the end of this year.
