ERG Power Generation, subsidiary of ERG, has signed off on an agreement with VEI Green to acquire 100% of ForVei — a joint venture between VEI Green and Foresight.
Italian renewable energy company Falck Renewables has officially entered the US solar sector, with the company announcing that it has acquired a 92MW PV project in North Carolina from Canadian Solar.
Italian inverter developer Elettronica Santerno, a subsidiary of Enertronica, has signed off on a contract to supply 27MW of PV inverters to a power utility in Nevada.
Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.
This week's Movers & Shakers covers both expansions into new territories and new business ventures. A long-term member of the Nevada Public Utilities Commission resigns, while the SEIA gains two new board members. Also, GRID Alternatives and Washington DC launch a new solar training programme for low-income residents.
After experiencing their own problems with potential induced degradation (PID), Belgium-based Edison Energy took matters into its own hands and developed the Pidbull solution in partnership with imec. Now it sells Pidbull to anyone experiencing issues with PID. As managing director Davy Verheyden explains, it is a problem solar asset owners cannot afford to ignore.
