Brookfield Renewable to acquire Duke’s commercial renewable business
Following the transaction, and a separate sale of its distributed generation business, Duke Energy will focus on regulated clean energy growth opportunities. Duke Energy reached an agreement to sell its commercial renewable energy business which comprises close to 3.5 GW of utility solar, wind and energy storage projects for cash consideration of $1.1 billion and […]
Morningstar unveils new charge controller and off-grid inverter line
Morningstar Corporation announced it is now shipping two new products. The new GenStar MPPT essentially re-invents the solar DC system controller, while the new SureSine line of off-grid industrial inverters matches the quality and engineering for which Morningstar charge controllers are renowned. The recently introduced GenStar DC Solar DC System Controller and SureSine pure sine-wave… […]
Duke Energy sells utility-scale renewables business to Brookfield for $2.8 billion
Duke Energy has agreed to sell its utility-scale renewables business to Brookfield Renewable for $2.8 billion. Duke will now pivot to focus on its utility business, including investments to improve grid reliability. “As one of the country’s largest renewable energy operators, Brookfield has the resources to support the continued growth and success of the Commercial… […]
Sunrise brief: It’s unanimous–U.S. renewable market most attractive to investors
Also on the rise: By 2035 IRA will drive $200 billion in solar wages. Three ways states can fix interconnection of distributed solar and storage. And more. Three ways states can fix interconnection of distributed solar and storage States can remedy inadequate hosting capacity for distributed solar and storage, unfairly high interconnection costs for some […]
Katsina seeks AfDB’s support on agriculture, renewable energy
Governor Dikko Radda of Katsina State is seeking the support of the African Development Bank to develop the agricultural and renewable energy resources sectors in the State. The governor, in a statement signed by his Chief Press Secretary, Kaula Ibrahim, sought the bank’s support when he visited the Director-General, AfDB Nigeria Country Department, Mr Lamin […]
Duke Energy to sell utility-scale Commercial Renewables business for $2.8b
Duke Energy will sell its unregulated Commercial Renewables business to Brookfield Renewable for around $2.8 billion. Duke Energy plans to use the proceeds to strengthen its balance sheet, and focus on regulated businesses and renewables investments The post Duke Energy to sell utility-scale Commercial Renewables business for $2.8b appeared first on Solar Magazine.
Lagos govt to residents: Embrace natural gas for cleaner energy
Tribune Online Lagos govt to residents: Embrace natural gas for cleaner energy Lagos State government has urged residents to embrace natural gas for cleaner energy, mass job creation and boost in commerce and quantum leap in the economy. Permanent Secretary, Office of Environmental Services, Lagos State Ministry of the Environment and Water Resources, Dr Omobolaji […]
Renewable energy investors unanimously deem U.S. market attractive
In a survey, 100% of investors and developers see increasing investment opportunity in the U.S. renewable energy market when compared to other major countries. The United States is now deemed most attractive for renewable energy investors worldwide, following landmark funding in the Inflation Reduction Act (IRA) and high demand for economy-wide decarbonization. A survey by […]
Spearmint Energy secures $200 million loan to develop storage in Texas
The credit facility with Aiga Capital Partners will enable the development of Spearmint’s BESS portfolio in the Texas ERCOT market. Spearmint Energy announced the close of a $200 million credit facility with Aiga Capital Partners, an investment management firm serving North American-based companies in renewable energy, energy storage and other sustainable infrastructure sectors. The funding […]
Yoruba groups tell Int’l community to monitor NASS leadership poll
From Okwe Obi, Abuja Oodua People’s Frontiers (OPF) and Yoruba Patriots Alliance (YPA), have urged the international community to monitor the election of the presiding officers in the 10th Assembly. The groups said the request was as a result of the undue interference of the All Progressives Congress (APC), which had nominated Godswill Akpabio and […]