pine gate renewables

Pine Gate Renewables has filed for Chapter 11 bankruptcy to pursue a court-supervised sale of its solar and energy storage portfolio, along with its independent power producer (IPP) platform.  

North Carolina-based engineering, procurement and construction (EPC) company Blue Ridge Power has laid off more than 500 of its employees at two locations.

Global solar corporate financing has decreased 24% in 2024, compared to the previous year, with US$26.3 billion, according to market research firm Mercom Capital Group.

Sunstone is set to begin its engineering and procurement phase in early 2025 and start phased construction in 2026.

Pine Gate Renewables and Enfinity Global have secured financing, and ENGIE has signed a power purchase agreement (PPA) with Google.

Total global corporate funding for solar on the other hand is down year-on-year, according to Mercom Capital Group.

US solar project company Pine Gate Renewables has signed an environmental asset purchase agreement (EAPA) with the social media giant Meta for a 204MW solar PV project in Temple, Texas.

Solar energy company Sol Systems has announced a renewables procurement and investment strategy with Google to develop new PV projects in the US.

US solar developer Pine Gate Renewables has signed power purchase agreements (PPAs) for 1GW of utility-scale solar PV in late-stage development in the US

Investment firm General Capital has invested US$500 million in developer Pine Gate, which will support its utility-scale solar expansion.