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Bloomberg | April 29, 2020
European utilities with bulging renewable energy portfolios are showing that the way out of the coronavirus slump is colored green. Energy companies from Orsted A/S to Iberdrola SA reported robust first quarter earnings in a period that has been bedeviled by a slump in energy demand and a collapse in gas prices. Owning large wind and solar portfolios has so far protected those companies from the worst effects of the crisis. Utilities are the third best performing sector on the Stoxx 600 this yea...
Tesla | February 10, 2020
Although most people associate Tesla with its lineup of electric cars, the Musk-led company is also involved in a few other sectors. Mainly, those revolving around clean energy. It is currently working on a type of solar tile roof, called Solarglass, that replaces traditional shingles and can power the average home. Now, the company is increasing its number of solar tile roof installations in the San Francisco Bay area according to CEO Elon Musk via a series of Tweets. He also notes that the pro...
Sustainability
businesswire | June 07, 2023
From air conditioning to vacuum cleaners, New Jersey has long been known for its innovations, and now it is home to the largest floating solar array in North America. Consisting of 16,510 solar panels, the 8.9-megawatt (MW) solar array covers 17 acres of the Canoe Brook reservoir in Short Hills, New Jersey. The clean power generated is enough to power 1,400 homes annually and will provide approximately 95% of the power needs for New Jersey American Water’s Canoe Brook Water Treatment...
Solar+Storage
Businesswire | August 04, 2023
Nautilus Solar Energy, LLC and TurningPoint Energy (“TPE”) announce their collaboration on six community solar projects in Delaware totaling 28.7 MWdc of solar capacity. The projects, located in Kent, New Castle, and Sussex Counties, are in the late stages of development and are expected to start construction during 2024. The acquisition of the portfolio marks Nautilus's entry into the Delaware market and is the third transaction between Nautilus and TPE, demonstrating the ...
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