Also on the rise: New clean energy coalition will push for U.S. tax code reform, FPL topples the stack of its last coal-fired power plant, NERC and Dragos launch a cybersecurity initiative, and the Western Energy Imbalance Market moves into Montana.
Renewable project finance has to become more dynamic and greater risks will have to be taken in order to meet clean economy mandates, a panel of experts said during an ACORE event.
As part of ACORE’s Finance Forums, experts on federal energy policy outlined what policies are needed to help drive the Biden Administration’s clean energy and climate change policies.
Also on the rise: Stem and CleanCapital extend their business ties and eye C&I energy storage, Heliogen raises $108 million from industrial heavyweights for its CSP refinery, and Ameresco will deploy a solar array at Cannon AFB.
Also on the rise: AES floats a utility-scale solar project in New York, Greenbacker adds to its solar portfolio, Sunnova prices its latest securitization, and China will end its solar subsidies.
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The U.S. Department of Energy (DOE) launches competition with awards for innovation in solar hardware and software.
The company will use the expanded facility to post securities for PPAs and interconnection agreements with energy transmission networks.
Also on the rise: NB Power adds more solar in the Canadian Maritimes, Leyline Renewable finances solar in Washington, D.C., big cuts reported in CO2 emissions from power production, and Schlumberger and Panasonic partner on a novel lithium extraction process.
Also on the rise: 7x Energy sells a Texas solar project to a unit of a Korean power company, and it was eight years in the making, but a $740 million transmission upgrade in Southern California may now pave the way for gigawatts of new renewables and storage.
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