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Energy deal activity down in the Americas but renewables show strength

An Ernst & Young report has found power and utility deals fell off markedly in the Americas during the first half of the year because of the Covid-19 pandemic but commitment to clean energy investment appeared to remain strong.

US utility Xcel Energy gets in front of the 100% renewable energy movement

By setting a timeline for the inevitable decarbonization of its fleet, Xcel is moving to have an energy transition on its terms.

Duracell partners with Social Energy to launch new UK-based utility

Solar PV, battery storage and artificial intelligence systems are at the core of a new utility model presented yesterday in London. pv magazine attended the launch event.

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Estonia’s utility Eesti Energia enters solar business

The company will offer solar leasing solutions as well as turn-key projects for self-consumption.

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Iberdrola interested in acquiring RWE’s renewable energy unit Innogy

The renewable energy unit of German utility RWE is now reportedly being targeted by the Spanish power provider, after French energy group Engie was said to have launched an offer in March.

Canary Islands’s utility Disa buys another 7 MW of solar

Including this operation, the installed PV capacity of the power and gas distributor in the archipelago has reached 20 MW.

NextEra plans deeper moves into solar

The world’s largest wind and solar asset owner has identified opportunities for 9-10 GW of solar as it expands into renewables and away from risky conventional merchant generation.

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TEP to buy solar power at under 3 cents per kWh

The Arizona utility has signed a 20-year contract to buy electricity from a 100 MW plant at this new record low price.

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Ecosummit 2017: Eneco Group to invest in Next Kraftwerke

Dutch energy company Eneco Group announced its acquisition of a 34% stake in Next Kraftwerke, a German company operating one of Europe’s largest virtual power plant networks. The investment was announced at the Ecosummit cleantech event in Berlin today.

Dominion to add 990 MW of solar PV in the United States over the next five years

The U.S. utility sites the falling cost of utility-scale solar for the expanded role, and the large majority of solar plants will be located in North Carolina.

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