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clean energy industry

Recurrent Energy Signs Solar PPA Worth 310 MWp with Anheuser-Busch

Recurrent Energy has signed a 15-year PPA with Anheuser-Busch for 310 MWp/222 MWac of electricity from its Maplewood solar project in Texas. Recurrent Energy, a wholly-owned subsidiary of Canadian Solar, has announced the signing of a 15-year Power Purchase Agreement (PPA) with Anheuser-Busch for 310 MWp/222 MWac of electricity from its Maplewood solar project in […]

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Canadian Solar Signs Solar PPA with Oil & Gas Major ‘Energy Transfer’

Canadian Solar has announced that its wholly-owned subsidiary Recurrent Energy has signed a PPA with oil and gas pipeline company, Energy Transfer. Canadian Solar, one of the world’s largest solar power companies, announced that its wholly owned subsidiary Recurrent Energy has signed a power purchase agreement (PPA) with Dallas-based oil and gas pipeline company, Energy Transfer. Representing the oil […]

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Facebook Partners with Longroad Energy For 379 MW Texas Solar Project

Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project.  Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […]

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WB Announces Energy Partnership to Support Energy Storage in Developing Countries

The 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial, being held at Vancouver, Canada, saw the announcement of a new international partnership by the World Bank. The Energy Storage Partnership (ESP) includes the World Bank Group and 29 organizations working together to help develop energy storage solutions tailored to the needs of developing countries. The […]

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Xcel Energy Plans to Retire 2 Coal Plants Under Clean Energy Transition

Minneapolis-based energy utility, Xcel Energy has announced that it plans to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. The acceleration of the coal closures is another milestone in the company’s clean energy transition that includes expanding wind and solar, using cleaner natural gas and operating its carbon-free […]

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Global Energy Investment Stabilised in 2018 with Oil & Coal Supply Bouncing Back

A new report has revealed that the global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables. The International Energy Agency’s latest annual review, published in its World Energy Investment Report 2019, reported a […]

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Belectric Commissions Two Rooftop Projects Worth 26 MW For Cleantech Solar

Germany-based  Belectric has taken a step further in increasing its footprint in India’s ever-growing solar industry by completing two large-scale PV rooftop projects for Cleantech Solar. With a combined capacity of 26 MWp, the solar power plants are amongst Asia’s largest rooftop installations. The projects were developed by Cleantech Solar, the regional leader in solar […]

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Risen Energy Forms Strategic Partnership to Expand Business in Australia

Chinese solar module manufacturer Risen Energy recently announced a strategic partnership with Sydney-based innovative investment and asset management company, Providence Asset Group. The two parties signed an agreement whereby they will collaborate on investment and on the development of solar photovoltaic (PV) power projects. This partnership will provide Risen Energy with strong financial support, helping […]

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Duke Energy Shows Cleaner Energy Mix is Affordable in Annual Report

The company has revealed that it continues to generate cleaner energy at prices below the national average for its 7.7 million residential, commercial and industrial customers. Duke Energy, an electric power holding company based in Charlotte, North Carolina has issued its latest (13th) Annual Sustainability Report – a report card on the company’s progress at […]

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