Energy Update
Utility-led expansions, competitive prices, and favorable state policies are developing Florida into the Southeast’s leader for solar capacity, according to a new report by S&P.
Heliene heterojunction solar cell module (Courtesy: Heliene)
Canadian-based solar panel module manufacturer Heliene is taking another step in its mission to advance the North American supply chain with the launch of a new facility in Riviera Beach, Florida next month.
Energy storage developer Ambri announced a $144 million financing round, backed by India’s Reliance New Energy Solar Ltd, Paulson & Co. Inc, and the company’s largest shareholder, Bill Gates, among others.
LS Power announces the formation of Rev Renewables LLC to develop, acquire and operate energy storage and renewable projects, including conventional hydropower and pumped storage.
The growth of offshore wind generation in the U.S. faces challenges caused by an immature supply chain and insufficient resources, according to an industry report.
The report – sent by renewable energy research firm Lium to its clients – said the Biden administration’s goal of 30 gigawatts of offshore wind production by 2030 is possible, despite the obstacles facing the industry.
Commercial operations are underway at EDP Renewables’ 180-megawatt Wildcat Creek Wind Farm in North Texas – the company’s fifth operating wind farm in the state.
EDPR’s Reloj del Sol Wind Farm in the Rio Grande Valley, Texas (Courtesy: EDPR)
With the recent launches of Wild Creek Wind Farm and Reloj del Sol Wind Farm in the Rio Grande Valley, EDPR’s portfolio in Texas has reached 1,089 MW in operating renewable energy capacity, the company said.
ReNew Power in India is acquiring two assets with a combined enterprise value of INR28.5 billion (US$384 million), which are expected to generate INR3.8 billion to 4.0 billion (US$ 50.7 million to 53.4 million) of EBITDA annually.
TechnipFMC dives into seabed mineral extraction to support energy transition
A specialist in offshore oil and gas exploration, TechnipFMC is diving into seabed mineral extraction to support the energy transition.
Daroga Power will deploy 32.85 MW of Bloom Energy solid oxide fuel cells (SOFC) after the investor and developer of distributed generation assets closed a $230 million infrastructure portfolio fund.
The fuel cells will provide clean and reliable baseload power for companies in California, New York, New Jersey, Massachusetts, Connecticut, and Maryland. The company said that 6 MW of fuel cells are already operational with the rest being deployed through the end of next year.
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