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Aggreko’s Strategic Acquisition: Expanding New York Community Solar Projects
Aggreko’s Energy Transition Solutions (Aggreko ETS) has finalized the acquisition of nine community solar projects in New York, marking a significant milestone for the company’s renewable energy endeavors. The collective generating capacity of these projects is estimated to reach 59 MW upon completion, contributing substantially to the region’s sustainable energy infrastructure. The first of these…
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SMA Solar Technology’s Strategic Move: Expanding Manufacturing into the U.S.
SMA Solar Technology, a leading player in the solar energy industry, has set its sights on expanding its manufacturing operations into the United States, with a projected production start in 2025. This strategic move marks a significant milestone for the company, as it seeks to bolster its market share in the U.S. and capitalize on…
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IRS Proposes Guidance for Solar Manufacturing Production Credit
The U.S. Department of the Treasury and the Internal Revenue Service have taken an important step in providing clarity and direction for the advanced manufacturing production credit established by the Inflation Reduction Act (IRA). The new Section 45X offers a credit for the production and sale of eligible components within the United States, including solar…
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Westbridge, MYTILINEOS Close on Vulcan County Solar Power Plant Project
Westbridge Renewable Energy has successfully finalized the sale of its 230 MW Vulcan County, Alberta solar power plant project to a subsidiary of MYTILINEOS Energy & Metals. This significant development was officially disclosed in early June and represents an important achievement for both companies. The completion of the transaction was made possible through the sale…
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National Grid Renewables Breaks Ground on Largest Solar Project in Kentucky
National Grid Renewables has announced the commencement of construction on its Unbridled solar project, situated in Henderson and Webster Counties, Ky. Expected to produce 160 MW, Unbridled is set to become Kentucky’s foremost solar energy producer upon its operationalization next year, marking a significant step toward the state’s clean energy aspirations. Expressing enthusiasm about the…
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CanREA Highlights Potential of Rooftop Solar to Support Canada’s Net-Zero Goals
The Canadian Renewable Energy Association (CanREA) has recently welcomed and endorsed the findings of a groundbreaking report by Dunsky Energy + Climate Advisors. The report, “BTM Solar: Canadian Market Outlook: How Behind-the-Meter (BTM) solar can contribute to Canada’s net-zero future,” is a comprehensive analysis of the current status and future potential of rooftop and on-site…
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