Investment firm Partners Group has agreed to acquire a controlling stake in Dimension Renewable Energy, a US-based distributed energy platform focused on community solar and battery storage.
The US installed more than 5GWdc of solar capacity in Q1 2021, taking its cumulative capacity past the 100GW barrier, but supply chain constraints could pose a major barrier to further growth.
Energy technology company AES Corporation has secured a US$301 million debt facility to finance the development of a community solar power project portfolio totalling 215MWdc capacity.
Independent power producer (IPP) Soltage and investment manager Harrison Street have formed a partnership to invest US$250 million in the former’s solar and energy storage project development pipeline.
Residents living near two towns on the east coast of Spain will soon be able to sign up to receive power from the country’s first community agrophotovoltaic projects, which are being built to help reduce local electricity bills while exploring the impact solar shading has on the cultivation of tropical fruit.
Engie North America has partnered with renewables investor Hannon Armstrong to secure US$172 million in funding for a portfolio of distributed solar and solar-plus-storage projects in the US.
