Renewables asset owner Brookfield Renewable is planning to take advantage of policy headwinds stemming from the US’s Inflation Reduction Act as it bolsters its presence in the commercial and community PV segment with the acquisition of Standard Solar.
US renewables developer Pivot Energy has secured a US$100 million revolving development loan facility to fund its solar and storage pipeline across the US.
PV plant developer Primergy Solar has entered into a battery supply deal with lithium-ion battery manufacturer CATL for the Gemini solar-plus-storage project in the US state of Nevada.
Irish independent power producer (IPP) Alternus Energy has closed a business combination agreement with Clean Earth Acquisitions Corp, a special purpose acquisition company (SPAC), that will enable its expansion in the US.
US utility Duke Energy plans to invest US$40 billion in zero-carbon power generation as part of its US$145 billion capital investment plan for the next ten years.
The US Department of the Treasury and the Internal Revenue Service (IRS) have requested stakeholder input on the climate and clean energy tax incentives included in the country’s Inflation Reduction Act (IRA).
