Pristine Sun Gets Capital Commitment of $250 Million for Solar Expansion

US renewable energy player Pristine Sun Corporation has announced a $250 million capital commitment from strategic private equity and family office investors to develop renewable energy projects. The equity commitment will allow Pristine Sun to develop, finance, and build up to 5 GW of its solar projects. The official statement of the firm held that […]

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Hannon Armstrong (HASI) Invests 1.3 GW Renewables of AES Corp in USA

Climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital (HASI) has announced the close of two new programmatic investments in grid-connected renewable energy assets developed, owned and operated by the AES Corporation. The US based HASI is a public company that provides capital to assets developed by companies in energy efficiency, renewable energy, and other sustainable […]

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California Takes Top Spot in Second Consecutive Year in State Energy Efficiency Report ’22

A study titled “2022 State Energy Efficiency Scorecard Report” has been released by the ACEEE (American Council for an Energy-Efficient Economy). To reduce emissions and satisfy state clean energy targets, this analysis rates U.S. states based on their policy and program initiatives to promote equity, pursue efficiency, and save energy. California takes the first position […]

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Ocean Winds, CPP JV Golden State Wind Wins 2 GW California Wind Energy Lease

Ocean Winds and Canada Pension Plan Investment Board (CPP Investments) have said that their newly formed offshore wind joint venture – Golden State Wind – was awarded an 80,418-acre lease area by the U.S. Bureau of Ocean Energy Management (BOEM) in the Morro Bay area off the central coast of California. The lease area awarded, […]

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IKEA, SunPower Launch Home Solar Offering in California, USA

Global furniture store owner IKEA US has teamed up with SunPower, a  solar technology and energy services provider, to make home solar energy solutions easier to access in select California locations. The official statement of IKEA held that members of the IKEA family customer loyalty program will be able to purchase home solar solutions, available […]

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In a First for US, California will Pilot Solar-Panel Canopies Over Canals

In an initiative that looks at “water-energy nexus paradigm gaining attention among public utilities”, ”the California Department of Water Resources, utility company Turlock Irrigation District (TID), Marin County, California’s water and energy project developer Solar AquaGrid, along with the University of California, Merced, have joined hands for Project Nexus. Shedding light on what the project […]

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California revisits proposal on reforming rooftop solar policy

California is asking solar companies, utilities and others to weigh in yet again in a long-standing process to reform the state’s key rooftop solar power incentive, the state’s public utilities regulator said in a document filed on Monday. The California Public Utilities Commission is seeking additional input into a proposal issued last year that was […]

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Shift To Renewable Is Slow And Unable to Stop Power Cuts In US

Electric grid operators across the USA are warning of looming blackouts as companies shift to renewable energy. MISO CEO John Beer has been quoted by a section of media as saying on May 8, “As we go forward, we need to know that when you put in a solar panel or a wind turbine, it’s […]

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First Solar to Supply 1GW Solar Module to Leeward Renewable Energy

Renewable energy players First Solar and Leeward Renewable Energy (LRE) have signed an agreement under which First Solar will supply 1 GW of advanced, ultra-low carbon and thin-film PV solar modules to Leeward. The official statement of the companies says that LRE will deploy these modules across its 20GW solar development and construction pipeline in […]

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