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The Department of Energy (DOE) has awarded $62 million to 20 projects focused on research, development, and deployment of next-generation green hydrogen technology.
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Pennsylvania state senator Gene Yaw has proposed a bill that would create a development fund based on the $10 billion Texas Energy Fund (TEF) for dispatchable energy to support the state's grid.
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Google is planning to build its second data centre facility in Latin America.
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The Public Utilities Commission of Texas (PUCT) has selected 17 projects totalling $5.38 billion to advance to the next round of the review process for the Texas Energy Fund (TEF) grant program.
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Brazilian development bank BNDES has approved R$1.14 billion ($202m) in financing for 2 solar complexes in Brazil.
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The Bureau of Ocean Energy Management (BOEM) has finalised 2 floating offshore wind areas off Oregon and announced the date for its upcoming auction in October.
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SunPower's $45 million asset sale to Complete Solaria has received approval from a US bankruptcy court judge.
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Oneok has agreed to acquire Global Infrastructure Partners’ (GIP) interests in EnLink Midstream and Medallion Midstream for $5.9 billion.
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Peruvian investment promotion agency ProInversión has awarded 5 transmission projects in its latest auction to Alupar Perú.
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The Bureau of Ocean Energy Management (BOEM) is exploring offshore wind options off the coast of Hawaii and the US territory of Guam.
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Eneva has secured R$1 billion ($177 million) in financing for a gas-fired power plant the company is developing in Brazil.
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American Electric Power subsidiary Public Service Company of Oklahoma has an agreement with J-Power to acquire a 795MW combined-cycle power generation facility, PFR has learned.
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CenterPoint Energy is proposing to invest around $5 billion from 2026 to 2028 on grid resiliency in the aftermath of damage caused by Hurricane Beryl.
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Maxeon Solar Technologies’ chief financial officer, Kai Strohbecke, will leave the solar manufacturing company 31 August (2024).
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Mexico Pacific has signed a sales and purchase agreement with Korean energy trading company POSCO International for the company’s LNG terminal in Sonora, Mexico.
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CPS Energy has signed storage capacity agreements with Eolian for 2 Texas battery storage projects totalling 350MW/1,400MWh.
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EDF Renewables North America has closed on the initial phase of the sale of 50% of its Desert Quartzite solar-plus-storage project in Riverside, California.
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Scala Data Centers has signed the Latin America's largest renewable energy supply agreement with Serena Energia.
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Nikola Corporation, the sustainable transportation and infrastructure solutions provider, has appointed Thomas Schmitt as its chief commercial officer.
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TCW Group has closed on the sale of its 19.64% stake in the Homer City Generation project to funds managed by distressed asset-focused investor Knighthead Capital Management, PFR has learned.
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National Storage Affiliates Trust (NSA) and Solar Landscape have teamed up to develop at least 100MW of solar capacity.
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State-owned Empresa Provincial de Energía de Córdoba (EPEC) is partnering with renewables developer Coral Energía on a portfolio of solar assets in Argentina.
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Nu:ionic Technologies and HybriGenix Futures have signed a memorandum of understanding (MoU) to develop a clean power and hydrogen facility in Edmonton, Alberta.
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Brazilian transmission company Taesa has named Rinaldo Pecchio Jr as chief executive of the company.
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Invenergy and Lafayette Square-owned joint venture, Reactivate, has hired Corey Stein as executive vice president of finance.
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AES Andes has received the greenlight from Chile’s Environmental Evaluation Service to proceed with a $800 million hybrid project.
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Alternus Clean Energy subsidiary ALT US 01 has hit a possibly indefinite delay in its agreement to acquire 100% of the membership interests in Japanese Taiyo Green Energy’s portfolio of US solar parks.
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Industrial gases and engineering company Linde has agreed to invest $2 billion in a clean hydrogen project in Alberta, Canada.
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Standalone storage development in Chile has arrived with project financing deals finally closing in the last 2 months. The age of battery storage comes as Chile remains riddled with curtailment issues, high exposure to zero marginal cost and price decoupling, especially in the north of Chile.
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US-based LS Power has reached final close on its fifth power and energy fund at $2.7 billion, above a $2.5 billion target.
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Brazil’s National Electric Energy Agency (Aneel) has confirmed the September transmission auction but has withdrawn lot 2 from the original set of projects to be tendered.
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Brazilian utility Cemig is planning to issue R$2 billion ($363m) in debentures for its distribution business, Cemig-D, on 15 September 2024.
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The Tennessee Valley Authority (TVA) board of directors has approved an additional $150 million to fund TVA’s small module nuclear reactor (SMR) initiative at its Clinch River site in Tennessee.
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Renewables developer Arevon Energy will look to start financing its Avocet Energy Storage Project in Q1 2025 after securing permitting and signing an interconnection agreement, PFR has learned.
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Evergy, the Kansas and Missouri utility company, has hired W. Bryan Buckler as the company’s executive vice president and chief financial officer, effective October 1, 2024.
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Meyer Burger has halted plans to develop a solar cell production facility in Colorado Springs, Colorado and announced restructuring measures.
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The Superintendency for the Development of the Northeast (Sudene) has released R$267 million ($49m) to finance renewable projects in Brazil.
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Sage Geosystems has partnered with Meta to develop 150MW of geothermal energy projects to support Meta’s new data centre projects in the eastern US.
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Clearway Energy Group has closed a $550 million construction loan with a consortium of banks for a 140MW/118MW solar-plus-storage project in California.
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YPF Luz has signed a memorandum of understanding with McEwen Mining to exclusively supply renewable energy to a mining project in Argentina.
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CleanCapital and Arena Renewables have partnered to develop a portfolio of community and C&I solar projects in grid-critical areas in Illinois, Maryland, and other parts of the US.
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Spanish renewables developer X-Elio is planning to develop a 94MW solar-plus-storage project in Chile.
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Bioenergy Devco, a waste-to-energy developer, has hired Michael Woodward as president and Dain Santarelli as chief operating officer.
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CPFL Energia is partnering with cement maker Mizu Cimentos to develop a green hydrogen plant in Rio Grande do Norte, Brazil.
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Spanish renewable energy-focused investment platform Qualitas Energy is looking to finance a portfolio of renewable assets in Chile, PFR understands.
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Allete shareholders have approved the company’s pending transaction to the Canada Pension Plan Investment Board (CPPIB) and Global Infrastructure Partners for $6.2 billion.
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The California Public Utilities Commission (CPUC) has approved a decision that instructs the Department of Water Resources (DWR) to procure up to 10.6GW power.
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Offshore wind port infrastructure developer Clean Energy Terminals (CET) has hired Sloane Perras as its chief legal officer.
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Georgia electricity cooperative Oglethorpe Power has closed on its acquisition of the Walton County Power Plant from Carlyle affiliate Mackinaw Power, PFR has learned.
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Green hydrogen developer Victory Clean Energy has signed a $100 million deal to use green hydrogen production technology of Proton Power.
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Steel manufacturer ArcelorMittal and renewables developer Casa dos Ventos are extending their partnership in Brazil with a solar project.
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Israeli renewable-focused fund Windin Capital is set to close financing for a wind farm the company owns in Chile, PFR understands.
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Brazilian fuels distributor Vibra Energia has entered an agreement to acquire the remaining shares in energy generation and trading company Comerc Energia.
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BW Solar has closed on the sale of a 12-project New York community solar portfolio totalling 76.7MW to solar and battery storage developer Catalyze.
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Biofuels producer and developer FutureFuel has hired former DSM executive Roeland Polet as its chief executive, effective 3 September 2024.
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SolarBank is planning to develop a 6.41MW ground-mount solar power project called the East Bloomfield project in New York.
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Deriva Energy has secured the domestic content bonus credit and the energy community tax credit bonus for the North Allegheny Wind, Pennsylvania.
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Arevon Energy is readying for financial close on the 60MWac Heirloom Solar Project in Pike County, Indiana.
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Toyota Tsusho America has closed the financing for the 159MW Norton Solar Project in Runnels County, Texas which is being constructed by Avantus.
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Bernhard Capital Partners’ acquisition of Entergy's Louisiana gas systems has been approved by the Louisiana Public Service Commission.
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American food manufacturing giant Nestlé is to purchase the renewable energy attributes from Enel North America’s Stampede solar-plus-storage project, as well as fund the project as the sole tax equity investor.
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Vestas and Brazilian renewables developer Renobrax are planning to develop a wind project in the state of Rio Grande do Sul in Brazil.
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Sustainable infrastructure investment manager Generate Capital has closed a $64 million investment from KeyState Renewables for community solar in New York.
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German renewables developer Uka Group has received approval to move ahead and start construction of its Llanos de Rungue solar project in Chile.
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Swift Current Energy has closed on a tax equity investment from Google for its 800MW Double Black Diamond Solar project in southern Illinois.
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Scout Clean Energy has hired Kris Cheney as chief development officer. Prior to this role Cheney spent 15 years at EDP Renewables North America.
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US-based community solar company Nexamp has teamed up with Trajectory Energy Partners to acquire a 7MW solar portfolio in Illinois.
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Atlas Renewable Energy has inked an agreement to form a joint venture with steel manufacturer ArcelorMittal in Brazil.
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Entergy Arkansas is to make its final $20 million payment to Invenergy as its acquisition of the developer’s 100MW Walnut Bend Solar project nears close.
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Boralex has closed a $95 million financing for the 52MW Témiscouata II wind farm in Quebec.
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Elera Renováveis has agreed to sell a project in its Irapuru solar complex in Brazil to food producer Minerva.
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Guzman Energy, a wholesale power provider in the US, has made changes to its leadership, bringing in industry veteran John Foster as executive chair and Michael Ott as chief financial officer.
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Energix Renewables has signed a long-term agreement with Google that will see the technology giant offtake power and renewable energy credits (REC) from solar projects.
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Arevon Energy has signed its third environmental attributes purchase agreement with technology giant Meta.
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Scala Data Centers has raised R$1.37 billion ($250m) in green debentures for the company’s SGRUTB09 data centre in Brazil, the largest in Latin America.
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Solar and storage developer MN8 is purchasing a solar portfolio sited in the northeastern US from international power business Vitol, PFR has learned.
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Santiago-based renewables developer Biwo Renovables is adding another standalone battery energy storage system (BESS) project to its development pipeline in Chile.
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Competitive Power Ventures (CPV) Group will sell 33% of its affiliate CPV Renewable Power to real assets-focused investment management firm Harrison Street for $300 million, PFR understands.
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Madison Gas & Electric (MGE) is acquiring 176MW solar and battery energy storage system (BESS) capacity for an estimated $351 million, PFR has learned.
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Houston-based Alpha Omega Power, the utility-scale battery storage developer, owner, and operator, has hired Luke Shillington as chief development officer.
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German developer Soventix is planning a solar-plus-storage project in Chile.
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Asian private investment firm PAG has subscribed to $200 million in aggregate principal amount of convertible notes issued by Canadian Solar.
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Eversouce Energy’s Huntsbrook Offshore Wind (OSW) Hub project has been awarded a Department of Energy (DOE) grant of $89 million.
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Distributed clean energy company Onyx Renewables has hired former Scout Clean Energy executive Eileen Stone as senior vice president (SVP) of M&A.
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YPF Luz has signed a power purchase agreement with telecommunications company Claro in Argentina.
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CenterPoint Energy has issued an all-source request for proposals (RFP) for power projects in order to meet the energy needs of its 150,000 electric customers in southwestern Indiana.
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Corio Generation has signed a memorandum of understanding with offshore construction business Estaleiros do Brasil (EBR) for the development of offshore wind generation in Brazil.
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esVolta has hired Justin Johns, formerly the chief financial officer of Shell's SouthCoast Wind Energy offshore wind joint venture, as senior vice president and CFO.
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California-based Natron Energy plans to develop a $1.4 billion utility-scale battery manufacturing plant in North Carolina.
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Technology giant Meta plans to use long-term virtual power purchase agreements (VPPA) with RWE to offset energy from its MISO-sited data centres, PFR has learned.
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