Industry News

Aspen Power Celebrates Completion of Two Maine Solar ProjectsAspen Power and partners gather in Maine for inauguration of two solar sites totaling 8.5 MW October 17, 2024 03:14 PM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Aspen Power, a leading distributed generation platform dedicated to building the clean energy future, held ceremonies this week to celebrate the […]

GridUnity’s DIGITAL Project Awarded $49.5 Million in Federal Funding to Accelerate Grid Interconnection: U.S. Department of Energy’s Grid Resilience and Innovation Partnerships (GRIP) Program Supports GridUnity’s Efforts to Modernize the U.S. Transmission System BOSTON, Oct. 18, 2024 /PRNewswire/ — GridUnity, a leader in grid modernization solutions, is proud to announce that its Digital Integration for Grid […]

Avangrid Subsidiary Awarded $31.8M Federal Grant to Deploy Cutting Edge Grid Technology: Grant from U.S. Department of Energy brings Central Maine Power and Avangrid’s total federal awards for Maine to nearly a half billion dollars in one yearWhen deployed, smart grid technologies will help connect more renewable energy to Central Maine Power’s electric grid October […]

New Solar Site in Marion County, West Virginia, Generating Clean Energy: Mon Power and Potomac Edison complete 27-acre solar site in Rivesville FAIRMONT, W.Va., Oct. 18, 2024 /PRNewswire/ — Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have completed their second utility-scale solar site in West Virginia, less than a year after energizing their […]

Primergy Secures Additional $350 Million for Ash Creek Solar Project: October 17, 2024 10:00 AM Eastern Daylight Time OAKLAND, Calif.–(BUSINESS WIRE)–Primergy Solar, LLC (‘Primergy’), a leading developer, owner, and operator of utility-scale solar and energy storage projects, announced it closed commitments for $350 million in tax equity financing for the 408 MWac Ash Creek Solar […]

Gevo Secures Conditional Commitment from U.S. Department of Energy Loan Programs Office for its Net-Zero 1 Sustainable Aviation Fuel Plant in South Dakota This conditional commitment signals the strength of the project to finance the world’s first large-scale net-zero-emissions alcohol-to-jet production facility October 16, 2024 16:53 ET| Source: Gevo, Inc. ENGLEWOOD, Colo., Oct. 16, 2024 […]

General Motors to Contribute Combined $625 Million in Cash and Letters of Credit to New Joint Venture with Lithium Americas 10/16/2024 VANCOUVER, British Columbia–(BUSINESS WIRE)– Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced the Company and General Motors Holdings LLC (“GM”) have entered into a new investment agreement (“Investment Agreement”) […]

EDPR NA Distributed Generation Announces Completion of Morgan East and West Community Solar Projects Near Syracuse, New York: Oct 16, 2024, 12:19 ET Morgan East and Morgan West will collectively provide 9.5 MWac to three corporate offtakers and hundreds of New York State residential and small business customers. NEW YORK, Oct. 16, 2024 /PRNewswire/ — […]

Saudi Fund for Development Announces its First Presence in Serbia by Financing 3 Development Projects, Worth $205 Million October 16, 2024 02:45 PM Eastern Daylight Time BELGRADE, Serbia–(BUSINESS WIRE)–The Saudi Fund for Development (SFD) has signed three development loan agreements with the Republic of Serbia worth $205 million to fund key projects supporting the agriculture, […]

BrightNight Announces $260M Tax-Equity Financing from J.P. Morgan and Capital One for 300MW Solar Project in ArizonaOct 14, 2024, 08:05 ET NEW YORK, Oct. 14, 2024 /PRNewswire/ — BrightNight, the next generation global renewable power producer built to deliver clean and dispatchable solutions, announced today the closing of a $260 million tax-equity financing commitment, including […]