SOLAR+STORAGE
prnewswire | June 05, 2023
Emeren Group Ltd, a leading global solar project developer, owner, and operator, today announced that it completed the sale of 58 MW solar projects in Poland to Spectris Energy, a wholly-owned subsidiary of GoldenPeaks Capital, an energy producer focused on turnkey construction and operation of renewable solar energy. The projects are a portfolio of solar farms located in Voivodship Pomorskie, Poland. It was sold at the "Ready to Build" stage, and Spectris Energy will complete the construction and retain long-term ownership.
Yumin Liu, CEO of Emeren Group, commented, "We are delighted to announce this deal with Spectris Energy in Poland, which continues our successful track record in Europe. This achievement reinforces our commitment to expanding our renewable energy portfolio and advancing a sustainable future. With our expertise in solar project development, we have strengthened our position as a leading player in Poland."
Tomasz Stopyra, Chief Development & Acquisition Officer of Spectris Energy commented, "We are excited to have collaborated with Emeren Group on this transaction. The transaction aligns with our long-term strategy of developing and operating renewable energy projects throughout Europe. Through strategic investments and partnerships, we are determined to drive the adoption of sustainable energy solutions and create a cleaner, more sustainable future for generations to come."
About Emeren Group Ltd
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The Company focuses on solar power project development, construction management and project financing services with local professional teams across multiple countries. For more information, go to www.emeren.com.
About GoldenPeaks Capital
GoldenPeaks Capital is a clean energy producer focused on turnkey construction and operation of renewable solar energy. It has over 15 years of experience in structuring energy projects around the world, with a total capacity of over 6,000 MW completed and implemented through its 100% subsidiaries, such as Spectris Energy in Poland.
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SOLAR+STORAGE
prnewswire | May 26, 2023
Scout Clean Energy (Scout), a Colorado based renewable energy developer-owner-operator, and its joint venture partner Elawan Energy, a global operator in the renewable energy industry, today announced they have completed the sale of the 199-megawatt (MW) Persimmon Creek Wind Farm (Persimmon) in western Oklahoma to Evergy, Inc. (NASDAQ: EVRG).
Michael Rucker, CEO and founder of Scout Clean Energy, said, "The Persimmon Creek Wind Farm has proven to be a reliable source of renewable energy over the last five years making it a solid investment for Scout. We are excited to finalize the sale to Evergy as it seeks to deliver carbon-free wind energy directly to their customers."
Persimmon achieved commercial operation in 2018 with 80 General Electric turbines across 17,000 acres in Dewey, Ellis and Woodward counties in Oklahoma. The renewable energy generated from Persimmon will serve customers in Evergy's service area.
"The completion of the Persimmon Creek sale positions Scout to provide a significant return on the capital invested," explained Rucker. "As a part of the existing operations agreement, Scout will continue servicing the project through the end of this year."
Scout, now a portfolio company of Brookfield Renewable, is approaching six months under Brookfield's ownership and continues to execute on its significant growth plans. Since the beginning of the year, Scout has finalized the sale of Persimmon Creek with the proceeds being deployed back into new development projects, started construction on the 200MW Sweetland Wind Farm in South Dakota, and is raising financing for its 209MW Markum Solar project in Texas, which will start construction later this year. Scout remains focused on the construction and development of its pipeline of 16.5 GW of Wind, Solar, and Battery Storage projects across 22 states.
Scout's legal advisor was McDermott Will & Emery LLP and Evergy's legal advisor on the transaction was Morgan, Lewis & Bockius LLP.
Persimmon Creek Wind Farm Photo -- Credit: Kipp Schorr – Wagon Productions
About Scout Clean Energy
Headquartered in Boulder, Colorado, Scout Clean Energy, a renewable energy semiconductor manufacturing company, provides services for wind project development, energy resource assessment, transmission interconnection, project finance, wind energy real estate and title, solar project development, and wind facility operation. It is a renewable energy developer and owner-operator with approximately 1,200 MW operating wind assets, of which about 400 MW for third parties and over 22,000 MW wind, solar and energy storage projects with almost 2,500 MW projects which are under construction and advanced-stage. In addition, it assists in various aspects of renewables like project development, permitting, power marketing, asset management, operations, and finance.
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ENERGY
businesswire | May 31, 2023
Aspen Power, a distributed generation platform with the mission of accelerating and democratizing decarbonization, announced today that it has acquired a portfolio of 15 ground-mounted community solar projects in Maine. The projects, ranging in size from 1.4 megawatts of direct current (MWdc) to 7 MWdc, total 37 MWdc and are located across the state, from the southern region through Bangor.
One of the projects in Berwick, ME has already reached commercial operation, with a capacity of 2.36 MWdc solar generation and is expected to produce enough electricity to prevent nearly 2,200 metric tons of CO2 from entering the atmosphere every year. That is the equivalent of 4,500 barrels of oil consumed or 380 homes electricity use annually. The energy produced by all the projects will be used by community solar subscribers in the state and support Maine’s goal of achieving 80% renewable energy by 2030.
“We are proud to be a part of Maine's renewable energy transition and are committed to providing clean and sustainable energy solutions to our communities,” said Dan Gulick, Senior Vice President, Aspen Power. “We believe that the acquisition of these solar projects is an important step towards achieving that goal, and we look forward to bringing all of them online to benefit the communities they serve.”
“We are thrilled to have found a partner in Aspen Power who shares our vision for clean energy and sustainable communities. We look forward to seeing these projects come to fruition under their leadership,” said Clarke Fenner, the original developer of Aspen’s Maine portfolio and current CEO of Senergy Solar Development.
Aspen Power recently acquired Safari Energy, significantly expanding the company's footprint in the commercial and industrial solar market. With the goal of reaching gigawatt scale by mid-decade, Aspen Power is committed to advancing the transition to a more sustainable energy future.
About Aspen Power
Aspen Power is a distributed energy generation platform with the dual mission of accelerating and democratizing decarbonization. We partner with businesses, communities, and others in the industry to develop, construct, and operate renewable energy assets. Our experienced team is passionate about solving our customers’ energy challenges to deliver a sustainable future throughout the U.S.
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