Americas

US developer, owner and asset manager Longroad Energy has secured a US$500 million equity investment to support its business model shift from a “develop to sale” strategy to the ownership of renewable projects in the US.

Independent power producer (IPP) Cypress Creek Renewables has acquired a 100MW solar asset in New York from developer Carson Power.

The US market shipped US$9.8 billion of modules in 2021, with the average dollar per watt value continuing to fall, according to the country’s Energy Information Agency (EIA).

US renewables developer rPlus Energies has completed work on its first operating solar plant in Carbon County, Utah.

US solar and energy storage developer Borrego has completed the previously announced spin off and sale of its development business to energy transition investor ECP for an undisclosed amount, with the new company being renamed as New Leaf Energy.

US utility CenterPoint Energy has sought approval from the Indiana Utility Regulation Commission (IURC) to acquire a 130MW solar PV project in Pike County, Indiana.

Power optimiser provider Ampt has filed two lawsuits against SolarEdge in the US alleging patent infringement on power optimiser technology.

US thin film manufacturer First Solar has landed an agreement to supply 2.4GW of its thin film PV modules to US renewables developer Intersect Power, making the company become one of the largest users of First Solar products.

Renewables developer Mytilineos has seen its profits soar to €166 million in H1 2021, with renewables sales nearly doubling.

Thin-film module manufacturer First Solar will consider expanding its production footprint in the US if proposed legislation that includes manufacturing credits becomes law, the company’s CEO has said.