OLD SAYBROOK, Conn., November 12, 2018-- SunEast Development LLC ("SunEast"), a leading developer of solar-generating projects, is pleased to announce the closing of a development capital raise from New Energy Capital Partners, LLC ("NEC"). The capital funding will support the continued development of a 105 MWAC solar portfolio acquired by SunEast in June 2018, and further accelerate the company's solar development and acquisition efforts in the eastern United States. "We were looking for an investor that shared our strategic vision for the U.S. solar markets, and we found that in NEC," said Tom Swank, President of SunEast.
Nov 9, 2018 3:35 PM ETTweet This: . @DukeEnergy issues $1 Billion #greenbond to finance eligible #renewableenergy projects http://bit.ly/2yYQSUv #solar #sustainabilitySummary: Duke Energy Carolinas' first clean energy investment offering One of the largest issuances of green bonds for utility industry Press ReleaseCHARLOTTE, N.C., November 9, 2018 /4 -- Duke Energy Carolinas, a subsidiary of Duke Energy (NYSE: DUK), has completed its inaugural issuance of $1 billion in green bonds that will finance eligible green energy projects - including zero-carbon solar and energy storage - in North and South Carolina. This represents one of the largest green bond transactions issued by a utility.
AMSTERDAM: A subsea power line set to link the networks of Denmark and the Netherlands reached the Dutch coast on Friday as part of plans to share excess electricity from wind farms and other sources. The 325 km (202 mile) long COBRAcable, short for Copenhagen, Brussels and Amsterdam, has a ...
Global investment into energy storage technologies including batteries is set to reach $1.2trn by 2040 as technology costs fall, according to new research by Bloomberg New Energy Finance (BNEF).
CHARLOTTE, N.C., Nov. 9, 2018 /PRNewswire/ -- Duke Energy Carolinas, a subsidiary of Duke Energy (NYSE: DUK), has completed its inaugural issuance of $1 billion in green bonds that will finance eligible green energy projects - including zero-carbon solar and energy storage - in North and...
California utility regulators approved Pacific Gas & Electric's proposal to build the two largest battery systems in the world. The 4-1 vote marks a landmark development in California's quest to decarbonize its electrical system by shifting from natural gas to non-emitting sources for flexible power. "Not only will this help California integrate solar and reduce the need to ramp up polluting gas plants in the late afternoon, but it will also provide local reliability needs in an area that is currently highly reliant on gas-fired generation," said Matt Vespa, staff attorney at Earthjustice, in an email Thursday.
Denmark-based Orsted, which aims to become a global leader in offshore wind energy, has closed two transactions in the past four months to expand in the U.S.
Orsted stated that the newly combined entity, Orsted US Offshore Wind, will form an offshore wind platform that can deliver clean energy to every coastal state across the The post Orsted acquires Deepwater Wind for $510m appeared first on Compelo Energy.
The Mankato Energy Center, located in Mankato, comprises a 375MW combined-cycle generation facility. It will see the addition of a second unit of around 385MW, which is currently The post Southern Power to sell Mankato Energy Center to Xcel Energy for $650m appeared first on Compelo Energy.
The renewable energy portfolio being acquired by Ullico comprises more than 70 solar and wind power generation projects, which are managed by FTP Power (sPower). Terms of the The post Ullico to acquire stake in 1.3GW US renewable energy portfolio appeared first on Compelo Energy.