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NPM Interviews, Analysis & Podcasts
INTERVIEW: Round Trip Energy Executive Director breaks down state of development in Puerto Rico
The Washington DC-based Round Trip is bidding two utility-scale projects into the ongoing RFP amongst a number of other projects it has under development in the island.
INTERVIEW: JERA Americas focused on ERCOT as it pushes for 2 GW renewable target by 2025
JERA Americas plans to have roughly a quarter of the 2 GW of renewable capacity to come online in the ERCOT market by 2025.
JPMorgan hired to run sales process for energy storage and solar developer
An energy storage and solar developer recently engaged JPMorgan to run a sales process, said sources familiar with the situation.
Recurrent Energy hires Scotia to seek buyers for solar project portfolio
Recurrent Energy has hired Scotia Capital to help sell five solar projects across the Southeast and Midwest, said sources familiar with the situation.
RISK: Increased PPA pricing environment could lead to COD delays in 2022
A convergence of factors is forcing renewable project developers to push projects towards 2023, with the industry increasingly viewing 2022 as a bumpier year.
INTERVIEW: RWE Renewables executive discusses US expansion efforts
The German-based company’s US arm RWE Renewables Americas has a busy upcoming year lined up as its recently announced offshore wind joint venture with National Grid is expected to bid in the New York Bight lease auction which is slated to launch in 1Q22.
RFP: Peninsula Clean Energy launches 2021 RFO for renewable energy and storage
This RFO seeks contract offers for both renewable energy generation and energy storage to meet PCE’s energy procurement obligations, its environmental objectives, and to offer its customers cost-competitive, clean energy options.
INTERVIEW: Standard Solar CEO says interconnection costs may result in ‘unviable’ Northeast
For years, Standard Solar has been a leader in community solar development, particularly in the Northeast where the market has thrived through a healthy environment for state incentives. The company now owns 223 operational projects with 60 projects finalized over the last year.
INTERVIEW: Nexamp CEO details plans on utility-scale expansion
Nexamp is looking to scale up its utility-scale business in a meaningful way in 2022 off a recent strategic hire and two successful rounds of capital raise.
Utility-scale battery storage developer esVolta hires Citi to run sales process
Utility-scale battery storage developer esVolta has retained Citi to consider strategic alternatives, said three sources familiar with the situation.
Texas-based renewable developer Tri Global pursuing sales process
The Dallas-based project developer is among a swath of middle market developers expected to explore strategic alternatives after larger utility-scale developers were sold earlier in 2021.
Entergy Louisiana provides additional details on latest PPAs with DESRI and Opdenergy projects
Entergy Louisiana plans to add 475 MW of new solar power to its portfolio through in-state projects to be developed by DE Shaw Renewable Investments (DESRI) and Opdenergy, according to a press release.
Prolific data center build pipeline has knock-on impact to renewable equation
The notion of data centers being a major driver of power demand in the next decade is not going to abate any time soon. A similar movement is under way to “greenify” new projects.
NPM Interconnections Podcast Episode 19: Adam Kobos Troutman Pepper
Ahead of the Congressional Budget Office (CBO) releasing its cost estimate on the Build Back Better (BBB) Act, Adam Kobos, a partner in the tax practice of Troutman Pepper joins NPM Managing Editor Jon Berke on the NPM Interconnections Podcast.
Developers pairing up with private capital providers push to become IPPs and bigger exit paydays
The massive amount of deal flow for renewable developers over the past six months has highlighted an ambitious trend: developers becoming independent power producers (IPPs).
NPM MARKET DATA: Community Solar State Spotlight - Minnesota
This NPM State Spotlight is the first in a new report series highlighting the rapidly evolving Community Solar development landscape across the country.
Goldman Sachs Renewable Power locks in USD 600m portfolio financing deal as solar footprint expands
The collateral supporting the transaction was 766 MW of distributed generation and utility scale solar projects spread across 23 states.
Lightsource bp hires CIBC to sell 2 GW of late-stage US-based solar projects
The ongoing sales process is being viewed as asset recycling as the developer looks to use the resulting proceeds to build out its next generation of projects, combined with the new USD 1.8bn revolving credit facility it secured globally earlier this month.
CohnReznick, Green Banks highlight new financing trends for renewables
The conference panel, led by Joel Cohn of CohnReznick sought to break down where the new money in the market is coming from, where it’s going, and what options are on the table for developers having trouble getting projects in the ground.
Castaner, Puerto Rico preps for microgrid RFP to spur solar + storage transition
After Hurricane Maria made landfall in 2017, Castaner lost power for six months, severely impacting all aspects of daily life for the village's residents. The experience laid bare the need to address vulnerability through new, resilient solutions.