Category: News America

JERA Nex and Catalyst Energy join forces for clean energy expansion in US

JERA Nex and Catalyst Energy join forces for clean energy expansion in US

November 4, 2024 | , , ,

JERA Nex and Catalyst Energy Partners (CEP) have formed a strategic alliance to drive the development, construction, ownership, and operation of new clean energy facilities in key US markets. This collaboration aims to expedite the deployment of large-scale renewable energy projects by leveraging existing grid infrastructure and aligning renewable projects with conventional power plants to enhance grid efficiency.

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DOE allocates $2 billion to strengthen grid and expand transmission

DOE allocates $2 billion to strengthen grid and expand transmission

October 22, 2024 | ,

US Department of Energy (DOE) has announced nearly $2 billion in funding for 38 projects aimed at strengthening the nation’s power grid. The projects, under the Grid Resilience and Innovation Partnerships (GRIP) program, will introduce advanced transmission and distribution infrastructure and technological upgrades to support over 7.5 GW of grid capacity.

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US DOE allocates $1.5 billion to strengthen electricity grid

US DOE allocates $1.5 billion to strengthen electricity grid

October 7, 2024 | ,

The US Department of Energy (DOE) announced a $1.5 billion investment to enhance the nation’s transmission infrastructure. These projects, spanning nearly 1,000 miles and will be adding 7,100 MW of new capacity across Louisiana, Maine, Mississippi, New Mexico, Oklahoma. DOE released the final National Transmission Planning Study, which outlines long-term strategies to ensure grid reliability and resilience through 2050.

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Runergy launches solar module manufacturing facility in US

Runergy launches solar module manufacturing facility in US

October 7, 2024 | , ,

Runergy has begun production at its advanced solar module manufacturing facility in Huntsville, Alabama and thereby expanding into the North American market. The facility is set to deliver its first customer orders in October and deliver  cutting-edge solar solutions to its users. With an annual production capacity of 2 GW, the Huntsville facility is positioned to become a major hub for solar manufacturing in US.

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Skyborn forms offshore wind partnership in US

Skyborn forms offshore wind partnership in US

October 3, 2024 | , ,

Skyborn Renewables, part of the Global Infrastructure Partners (GIP) portfolio, has entered a significant US offshore wind partnership by acquiring a 50 per cent stake in the Revolution Wind and South Fork Wind projects from Eversource Energy. With Orsted holding the remaining 50 per cent in both ventures, Skyborn will co-manage these developments.

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HIF Global announces green methanol project in Brazil

HIF Global announces green methanol project in Brazil

September 26, 2024 | , ,

HIF Global, a leading green fuels company, announced a project to produce up to 800,000 tons per year of green methanol in Brazil. This is the company’s first such project in Brazil. It has signed a land reservation contract with Port of Açu to develop this green methanol facility. Meanwhile, the port will also provide support to HIF in several aspects related to project development.

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Origis Energy to develop Hope Solar + Storage project in Mississippi

Origis Energy to develop Hope Solar + Storage project in Mississippi

September 24, 2024 | , , ,

Origis Energy and the Tennessee Valley Authority (TVA) have entered into a power purchase agreement to expand their solar and storage projects in Mississippi. Origis will develop, construct, and manage the operations of the Hope Solar + Storage project in Clay County. The project includes a 200 MWac solar facility combined with 200 MW (800 MWh) of storage.

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Monarch Private Capital and Invenergy secure $170 million tax equity for Samson solar II

Monarch Private Capital and Invenergy secure $170 million tax equity for Samson solar II

September 18, 2024 | , ,

Monarch Private Capital and Invenergy have announced  the completion of nearly $170 million in tax equity financing for the Samson Solar Energy Center II in Lamar County, Texas. Developed by Invenergy, the project will deliver major economic benefits, and over $27 million in taxes and contributions to the county and local schools over its lifespan.

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US DOE grants $72.8 million loan for solar-storage microgrid 

US DOE grants $72.8 million loan for solar-storage microgrid 

September 13, 2024 | , , ,

The US Department of Energy (DOE) has finalised a $72.8 million loan guarantee to develop a solar-plus-storage microgrid on the Viejas Tribe’s reservation near Alpine, California. The project, backed by the California Energy Commission, US Bancorp Impact Finance, and Starbucks, will feature a 15 MW solar system and a 70 MWh long-duration battery. 

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WEG and Kroma Energia partner for solar complex development in Brazil

WEG and Kroma Energia partner for solar complex development in Brazil

September 4, 2024 | , ,

WEG has inked a supply agreement with Kroma Energia for the Arapuá photovoltaic solar complex in Brazil. The complex is valued at approximately R$630 million. The Arapuá solar facility is located in Vale do Jaguaribe, Jaguaruana – CE, Brazil. The project has an installed capacity of 250 MWp and is expected to produce approximately 537 GWh annually. Commercial operations are slated to commence in the first quarter of 2026.

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