US ROUND-UP: National Grid doubles down on US renewables, Enact bolsters asset management capabilities
A round-up of the latest news from the US solar market, including news from National Grid, Enact Systems and Inovateus Solar.
A round-up of the latest news from the US solar market, including news from National Grid, Enact Systems and Inovateus Solar.
Driven by increased investor interest and a growing project pipeline, utility-scale floating solar installations are set to take off globally over the next few years, a report from Fitch Solutions says.
Enel Green Power has broken ground on its second North American solar-plus-storage project as it continues to ramp up its US renewables fleet and aims to hit 1GW of deployed battery storage in two years.
Renewables developer Mainstream Renewable Power (MRP) has closed a US$280 million finance facility to help advance a wind and solar project pipeline in Chile with a total capacity of 1.3GW.
Canadian institutional fund manager Caisse de dépôt et placement du Québec (CDPQ) has acquired a portfolio of 73 Spanish solar plants from renewables investor Q-Energy.
Risen Energy has landed a 1.5GW bifacial module supply deal with an unnamed, yet “well-known” independent power producer.
Australian renewable energy investment firm Providence Asset Group aims to develop 39 solar farms, each of which will be paired with 30MWh of storage.
New Mexico’s largest utility plans to develop 950MW of solar and storage by 2022 as it exits the state’s San Juan coal plant and eyes 100% emissions-free electricity by 2040.
Solar is the “new king” of electricity, the International Energy Agency has said, with the asset class set to deploy more new capacity then any other technology each year for the coming decades.
Rooftop PV is set to be the fastest-growing form of new capacity in Western Australia (WA), with renewable energy forecast to reach a minimum of 70% generation capacity by 2040, a new roadmap for the state reveals.
Siemens and Macquarie Group have created a new joint venture that will develop distributed energy resources such as solar and battery storage for US corporations and institutions.
‘Solar Module Super League’ (SMSL) member Trina Solar has received IEC 61215 and IEC 61730 certification for its 600W+ high-power, large-area ‘Vertex’ series PV modules from TÜV Rheinland, making it the first p-type mono-PERC module with power ratings above 600Wp to gain standard IEC certification.
US utility Duke Energy will ramp up spending by billions of dollars to meet its renewable generation goals and accelerate coal plant retirements.
The deployment of wind-solar hybrid projects could play a key role in India meeting its renewable energy targets while also reducing intermittency problems, a new report says.
Global solar industry funding has rallied from a turbulent first half of the year as project acquisition activity soared in Q3, a report from Mercom Capital Group says.
