CDPQ takes majority stake in Invenergy Renewables
Invenergy plans to maintain day-to-day management of its renewable energy business, with the Québecois fund manager increasing its economic stake to 52%.
Sonnen secures €60 million investment from Shell Ventures
Germany-based PV-storage provider sonnen has closed a new funding round from a group of investors led by Shell Ventures. Sonnen has already began to draw on the funds as it continues to expand market shares in the U.S. and in Australia. Shell Ventures is now a major sonnen investor and future cooperation agreement has been agreed to.
US: Rush to gas risks hundreds of billions in stranded assets
A new report by Rocky Mountain Institute finds that gas plants proposed across the United States over the next 15 years could be replaced by clean energy portfolios at a net savings, and that these projects are at risk of becoming stranded assets.
Are the big Chinese powerhouses coming to America?
In the face of actual and threatened tariffs in the US and India, the world’s biggest solar manufacturers may have to set up shop in the protectionist nations in question ahead of a predicted cooling in their home market.
BNEF: Electric vehicle sales expanding rapidly, e-buses to dominate by 2030
Bloomberg New Energy Finance says EVs will make up 44% of all new vehicle sales in Europe by 2030, 41% in China, 34% in the US and 17% in Japan. India trails with only 7% forecast. Buses, globally, will go electric at great pace.
The unstoppable tide of solar illustrated by the rise of floating projects
Price deflation and technological innovation are helping solar transform the global electricity sector. A new report by IEEFA highlights the latest solar milestones around the world and charts important trends including the rise of floating solar and the corporate PPAs helping the tech giants ‘green’ their energy-hungry data centres.
How solar emergency microgrids provide resilience to vulnerable communities
In this op-ed for pv magazine, Clean Coalition’s Frank Wasco explores how microgrid projects by Solar Saves Lives and other organizations show that communities can build back right and prepare for natural disasters.
Hurricane Maria moves Solartech Universal’s expansion to South Florida
Solartech Universal plans to expand its current 80 MW/year capacity by 180 MW/year. The company is seeking a facility in South Florida.
Solar, wind will drive the value of energy storage in the US
A much heralded report shows solar and wind will lower wholesale prices, but it also shows a coming evolution in the pricing profile of the grid. These shifts in timing, shape, regularity and length will drive energy storage demand.
Panasonic to hire 80 workers at Tesla’s US gigafactory
The Tesla/Panasonic gigafactory is taking on more workers, as a sign of health. However many details remain unclear.
