Central America’s solar boom: Central American nations have emerged from obscurity to a leading role in the deployment and integration of large amounts of renewable energy. But the Energy Transition in this region is just beginning.
BNEF cites financing for a massive solar plant in Mexico and Tesla’s billion-plus capital raise as running counter to the trend of falling clean energy financing during Q1. Investments in distributed solar also rose.
If one proposal for building the president’s barrier on the Mexican border becomes a reality, it will include a 2 MW solar system to power it – and sell excess power to Mexico.
With $46 billion in annual revenue, the beer giant is one of the largest companies to date to take a 100% renewable energy pledge.
PV power plants: Corporations want in on the falling costs and predictable prices of wind and solar. Bilateral power purchase agreements have emerged as one new business model among several that businesses are employing as they get serious about renewable energy, both in the United States and abroad.
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
The move is a step toward regaining regulatory compliance, in advance of a potential purchase by Brookfield.
The joint First Solar/SunPower yieldco reported strong results, including acquiring shares of the Henrietta and Stateline projects.
ETAP, a power system software provider, is helping the island nation of Aruba develop microgrids as the government pushes for 100% renewables by 2020.
GameChange Solar is about to ship 6 MW of PV to an unidentified island in the Caribbean, helping the region recover from the widespread damage wrought by Hurricane Matthew late last year.
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