Month: July 2021

HydroLand acquires two North Carolina hydroelectric facilities

HydroLand has acquired two small run-of-river hydroelectric facilities from Northbrook Carolina Hydro II LLC: 980-kW Bryson Hydroelectric Project and 1.04-MW Franklin Hydroelectric Project. “Since our acquisition of the Enel portfolio, we have been executing our plan to modernize and upgrade acquired hydroelectric facilities while building our portfolio with new acquisitions,” said Cory Lagerstrom, chief executive …

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Massive 50-GW wind, solar, hydrogen power plant with unique ownership model announced in Australia

An international consortium made up of InterContinental Energy, CWP Global and Mirning Green Energy Limited, announced today an integrated green fuels mega project in the South-East of Western Australia. When fully operational, the Western Green Energy Hub (WGEH) could produce up to 50 gigawatts of hybrid wind and solar power over 15,000-square-kilometres in South-East Western …

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Battery installations in Australia up 20%, here’s why

Last year the number of residential battery systems installed in Australia increased by 20%. The 31,000 battery systems that were installed is a remarkable number, considering Australia entered a recession in September last year for the first time in almost 30 years. This article considers some of the key drivers behind the growing market adoption …

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Another clean energy company goes public via a SPAC

On Friday, solar financing company Sunlight Financial announced the closing of its previously-announced business combination with Spartan Acquisition Corp. II, a publicly-traded special purpose acquisition company (SPAC) sponsored by funds managed by an affiliate of Apollo Global Management, Inc. Sunlight partners with contractors nationwide to provide homeowners with financing for the installation of residential solar …

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SEIA applauds NJ solar bills that encourage community solar, ‘dual-use’ solar and more

Earlier this month, the New Jersey legislature passed two pieces of legislation that will help increase solar development across the state. S2605 establishes the SREC-II program at the Board of Public Utilities (BPU), which includes incentives for at least 1500 MW of behind-the-meter solar facilities and 750 MW of community solar by 2026. It also …

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ENGIE restructures with four business units and a technical service arm

To ensure greater simplicity in the way the multinational energy company is managed, ENGIE has rearranged its organizational structure with the establishment of four energy business units and a technical services arm. The new organizational structure, which came into effect on 1 July 2021, will help ENGIE increase its focus on core businesses to better …

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New York announces initiatives to explore green hydrogen for decarbonization

New York Governor Andrew M. Cuomo this week announced that New York plans to explore the potential role of green hydrogen as part of the state’s comprehensive decarbonization strategy. To support this effort to study green hydrogen and its possible applications, the state is collaborating with the National Renewable Energy Laboratory (NREL), joining two hydrogen-focused …

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