A registered direct offering with expected gross proceeds of US$40 million has been unveiled by ReneSola as it looks to continue to expand its pipeline.
US utility Black Hills Energy will break ground on its first utility-scale solar project this year, as it announces plans to achieve an 80% reduction in greenhouse gas emissions from its Colorado generation operations by 2030.
Solar and storage developer Origis Energy has announced a management buyout of its original shareholders, a transaction it says “solidifies US control” of the company.
The proliferation of renewables and other distributed energy resources is pushing existing grid infrastructure to the limit, prompting renewed efforts to modernise. But with new hardware coming at such a high price, it’s imperative these investments get the biggest bang for their buck. Here, the US Interstate Renewable Energy Council establishes its five key principles for grid modernisation.
A round-up of the latest solar industry news from around the world, as Yingli and JA Solar secure module supply deals, Keppel acquires a stake in a 500MW project and Mytilineos expands in Australia and Spain.
A two-year extension of the investment tax credit (ITC) for solar systems as well as new funding for energy storage research are included in the US’ wide-reaching pandemic relief package that was approved by Congress on Monday evening.
The US renewable energy industry has applauded Joe Biden’s climate team nominations and appointments, as the President-elect says he aims to build a clean energy future for the country.
US home improvement company Lowe’s plans to procure renewable energy from a solar project for the first time after securing a deal with developer Swift Current Energy.
