Investment firm Blackstone has formed a new portfolio company that will finance and own distributed energy assets focused on commercial, industrial and institutional customers.
US aerospace and defence company L3Harris Technologies has signed a virtual power purchase agreement with Lightsource BP for up to 100MW of capacity from a new solar farm in Texas.
The US unit of German developer and EPC provider juwi has inked a power purchase agreement (PPA) with Colorado Springs Utilities for a 175MW solar project coupled with a 25MW battery storage system.
US wholesale energy markets will be opened up to distributed energy resources (DERs) such as small-scale solar units and battery storage systems under a new ruling that proponents say will enhance grid reliability and lower costs for consumers.
Hawaiian Electric has submitted eight contracts representing nearly 300MW of solar energy generation and about 2,000MWh of energy storage to be built on the islands of O'ahu and Maui.
A round-up of the latest news from the US solar market, as Duke Energy unveils what it has described as “next generation net metering” in South Carolina and more details emerge of Sunpower spin-off Maxeon’s top table.
Global governments could divert massive amounts of public funds from cancelled, large-scale power generation projects, such as nuclear, towards solar and other renewables to deliver consumers more value for money.
BP has set lofty targets for its renewables ambitions, backing bifaciality and merchant revenue strategies to provide major boosts as it targets 50GW of renewable capacity by 2030.
The world will need to build five to six times as much solar and wind power per year as in 2019 if a carbon-zero economy is to be reached by the middle of the century, a study has said.
