Capital Dynamics Lines Up $1.2 Billion to Buy Renewables
Capital Dynamics, one of the biggest buyers of U.S. solar farms, closed a $1.2 billion fund to acquire even more clean-power plants.
EV Charging Firm to Use Blockchain Token Technology
UK blockchain solutions firm Energi Mine has entered into a partnership with electric vehicle charger start-up Solisco.
Solar Companies Flock to Illinois, Bringing Jobs, Enthusiasm and Some Questions
The family company Wellspring Components started four generations ago to fabricate metal for horse-drawn buggies for Amish families in Indiana. Today, its offshoot Wellspring Solar is among a growing number of national and Midwestern companies launching new solar operations in Illinois, thanks to incentives under the state’s Future Energy Jobs Act.
India Gets Solar, Wind and Storage Hybrid Plant
A 41 MW solar photovoltaic, wind, and battery storage hybrid plant is being built in India.
California One Step Closer to 100 Percent Renewable Energy Obligation
Yesterday another milestone was reached in California’s march toward a 100 percent renewable energy mandate with the passing of SB100 by the Assembly. The bill will require the state to receive 50 percent of its electricity from renewables by 2026; 60 percent by 2030 and 100 percent by 2045. The current law requires the state to get 50 percent of its electricity from renewables by 2030.
China Solar Giants Shrug Off Market Fall, Chase Growth Plans
The top solar manufacturers in China are boosting production capacity, betting higher output will help them seize a bigger chunk of the global market that is set for its first-ever annual contraction.
Western States Proceed with Climate Legislation Regardless of Trump’s “ACE” Rule
Spurred by President Trump’s announcement that the United States will abandon commitments President Obama made in the Paris Climate Agreement, western seaboard elected officials are highly motivated to act on climate change, notwithstanding the Trump Administration’s actions to replace the Clean Power Plan. California has a well-established and functioning “cap and trade” program that has survived judicial challenge and been extended through 2030. As the fifth largest economy in the world, California’s efforts are a significant driver for similar programs throughout the nation.
Bilfinger chosen to supply pipeline for 15.9-MW Gaildorf pumped-storage plant
Bilfinger VAM Anlagentechnik has been chosen to deliver a distribution pipeline for use in the 15.9-MW pumped-storage power plant being built in Gaildorf, Germany.
The World’s Oldest Metal Ushers in Solar Energy Boom