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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.
INTERVIEW: CleanCapital CCO on firm's push for community solar and storage acquisitions
CleanCapital has acquired two operating Massachusetts community solar projects from EDF Renewables with a combined capacity of 12 MW, marking their fifth acquisition close this year.
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.
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.
PacifiCorp updates shortlist from 2020 All-Source RFP; DESRI pulls Steel Solar project off list
PacifiCorp is still in negotiations with short-list parties from its 2020 All-Source RFP and provided an updated list of projects being discussed.
OMERS acquisition of Navisun from Ares adds DG exposure following utility-scale deal with Leeward
The deal will add to OMERS Infrastructure’s portfolio of renewable generation assets, which also includes Leeward Renewable Energy and a 19.4% stake in India-based independent power producer Azure Power Global Limited - a deal that happened earlier this year.
NPM’s Podcast Episode 18: Nexamp ceo, zaid ashai
In this episode, NPM's Andrew Burnes speaks with Zaid Ashai, Chairman and CEO of Nexamp.
Urban Grid's debt refinancing to push its pipeline into construction phase
Approximately, USD 200m of the new funding will be used for capital expenditures, while the remainder will be utilized for Urban Grid's development expenditures.
Greencoat's USD 5bn US renewables push includes staffing uptick in coming years
UK-based renewable investment firm Greencoat Capital intends to increase its US staff to 10 by the end of 2023 after it announced plans to make a massive investment stateside.
Salt River Project to issue All-Source RFP this year for 277 MW
Salt River Project (SRP), a not-for-profit water and energy company in Arizona, is gearing up to issue an All-Source RFP before the end of 2021.
Encore CEO discusses the rise of brownfield development
As states across the Northeast continue to increase their appetite for renewable energy, brownfield development is becoming an increasingly attractive option, particularly as larger sites like abandoned coal mines and landfills become viable.
SunShare looking to scale up and expand geographically
The Denver-based company has plans to raise USD 500m in equity and debt. Next, SunShare is planning to move into distributed generation, microgrid projects and storage, said the company's CEO David Amster-Olszewski in an interview with NPM.
CleanCapital CCO discusses direct pay, seeking development partners
Last week, project investment, acquisition and development firm CleanCapital promoted Julia Bell as its new Chief Commercial Officer, a move that is meant to further accelerate its M&A and internal development operations following a USD 300m investment from Manulife into the firm back in April.
Public Service Company of Oklahoma anticipates October 15 RFP launch seeking 2.6 GW of wind, 1.35 GW of solar
American Electric Power (AEP) subsidiary Public Service Company of Oklahoma (PSO) has issued two draft requests for proposals (RFPs) ahead of an anticipated October 15, 2021 official RFP launch date.
Pennsylvania's move to join RGGI could have dramatic origination implications
Through RGGI, participating states put a cap on allowable carbon emissions. This creates a system by which states auction off "carbon allowances" to emitting plants on a quarterly basis. They then invest much of the proceeds into renewable energy and energy efficiency.
Intersect Power looking to raise structured financing for next generation of solar projects
Utility scale solar developer Intersect Power is currently looking to raise a structured financing facility as it moves towards the development of its next generation of projects, said three sources familiar with the situation.
Savion exploring strategic alternatives via Macquarie and Guggenheim
The Kansas City-based developer has 12.5 GW of solar and 3.3 GW of energy storage under development and has 2 GW of projects in solar and storage that have either reached the construction phase or are in operation, according to its website.
PacifiCorp to focus on solar energy paired with battery storage in new IRP
PacifiCorp released its 2021 Integrated Resource Plan (IRP) this week and it showed a strong focus on solar energy paired with battery storage.
Duke Energy Sustainable Solutions President discusses 10 GW milestone and what comes next
A confluence of circumstances will see the desire for clean energy and the ability to serve that demand settle into a groove in the next few years, according to Chris Fallon, president of Duke Energy Sustainable Solutions. And solar will lead the way.
Hecate Energy LLC’s Cider Solar Project Lead discusses New York’s new ORES
When New York State passed the Accelerated Renewable Energy Growth and Community Benefit Act as part of its FY20-21 budget, it created a first in the nation Office of Renewable Energy Siting (ORES) to dramatically accelerate the siting and construction of large-scale renewable energy projects.