Solar Energy

Activate Renewables Launches with a $500 Million Capital Commitment to Acquire Renewable Energy Real Estate

Accelerate Real Asset Management announced today it has launched a new joint venture to invest in renewable energy infrastructure. Activate Renewables will acquire real estate and royalty interests associated with utility-scale solar, wind and energy storage facilities located across the United States. Activate will focus on the acquisition of real property interests directly from landowners […]

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Is India on a delusional path to progress?

By Dr. Hitesh Doshi, Chairman and Managing Director, Waaree Group With the advent of the novel Coronavirus, the Indian economy is witnessing a major slowdown. While the nation is fighting the virus with all its might, businesses across sectors are reeling under the tremendous pressure of sustaining themselves. The ground reality of the Indian solar […]

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Greenbacker Renewable Energy Company LLC Acquires Solar Project Totaling 80 MWac

Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased an 80 MWac pre-operational solar project from Broad Reach Power (“BRP”). The project, MTSun Solar LLC, is currently under development in Yellowstone County, Montana, with an expected commercial operation date of July 2022. It has a long-term Power Purchase Agreement […]

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San Diego Community Power and RAI Energy Announce Integrated 100 MW Solar Energy and 150 MW Storage Project

San Diego Community Power (SDCP), the not-for-profit community choice energy program serving five cities in the San Diego region, entered into a power purchase agreement with an affiliate of RAI Energy International, Inc. (RAI Energy), the Silicon Valley-based global renewable energy development company. The project is located in Imperial County, California and is an integrated 100 megawatt (MW) photovoltaic solar energy […]

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Virginia SCC Approves new Solar Projects Worth 500 MW of Dominion Energy

The Virginia State Corporation Commission (SCC) approved Friday the largest group of new solar projects for Dominion Energy Virginia customers. The nine new solar facilities will total nearly 500 megawatts, enough to power 125,000 homes at peak output with renewable energy. These projects represent a major step toward achieving the goals of the Virginia Clean […]

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SolarEdge Announces Financial Results for Q1 2021

Israeli-based solar inverter manufacturer SolarEdge has announced its financial results for the first quarter ended March 31, 2021, reporting good revenues to shareholders worldwide. Zvi Lando, CEO of SolarEdge, said, “We are happy to report our first quarter results, representing continued growth in our solar business across geographies and segments.” In Q1 2021, the company reported […]

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Dominion Energy Seeks Projects to Increase Renewable Energy in Virginia

Dominion Energy Virginia is seeking proposals from developers for new solar, onshore wind and energy storage projects. The company issues annual Requests for Proposals (RFPs) to support the goals of the Virginia Clean Economy Act (VCEA) and help the company achieve its goal of net zero greenhouse gas emissions by 2050. Dominion Energy has made […]

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We Energies and Wisconsin Public Service Announce State’s Largest Renewable Energy Project

We Energies and Wisconsin Public Service, the largest utilities in WEC Energy Group, are proposing to purchase the Koshkonong Solar Energy Center, a planned 465-megawatt (MW) solar and battery storage project in south-central Wisconsin. If approved, the project would be the largest renewable energy project in the state. The Koshkonong Solar Energy Center would feature 300 […]

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ReneSola Power Releases Preliminary First Quarter 2021 Results

Connecticut-headquartered solar project developer and operator ReneSola Ltd recently announced its preliminary unaudited financial results for the first quarter of fiscal year 2021, based on which the company now expects revenue for the first quarter of 2021 to exceed $20 million, higher than the previously announced guidance range of $18 million to $20 million. Additionally, gross margin […]

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