Tag: utility-scale
-
Duke Energy to sell distributed generation business to ArcLight for $364 million
Duke Energy is selling its commercial distributed generation business to an affiliate of ArcLight Capital Partners LLC for an enterprise value of $364 million. The purchase agreement includes non-controlling tax equity interests. Duke expects approximately $259 million of proceeds from this transaction, which is subject to certain customary adjustments and will be received upon closing. This is Duke’s……
-
DOE report shows clean energy jobs on the rise
Jobs in the clean energy industry grew by 3.9% last year, outpacing overall U.S. employment and all other forms of energy, according to the Department of Energy’s U.S. Energy & Employment Jobs Report (USEER). More than 18,000 new U.S. utility-scale clean energy jobs were added in 2022, bringing the total number of U.S. clean energy jobs……
-
Newly formed Hawthorne Renewables pledges $250M in solar projects across U.S.
The new kid on the block pledges to have the right stuff when it comes to U.S. solar development. Phoenix-based Hawthorne Renewables launched today with plans to develop $250 million in solar projects over the next few years. The newly established solar development company is backed by significant industry experience and capital. Hawthorne Renewables is the……
-
Minnesota Power cuts the ribbon on largest regional solar project
Minnesota Power celebrated a renewable solar energy milestone last week with a ribbon-cutting at its recently completed Sylvan Solar Project near Brainerd, Minnesota. The project is the last — and by far the largest at about 80 acres and 15.2 MW — of three projects totaling more than 20 MW meant to boost the region’s……
-
IREC interconnection grades highlight need for reforms support clean energy growth
The Interstate Renewable Energy Council (IREC) released its Freeing the Grid interconnection grades, showing room for improvement in the United States. The grades assess each of the United States, as well as Washington, D.C., and Puerto Rico on the quality of its interconnection policies. These policies govern how distributed energy resources (DERs) — such as solar……