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The Carlyle Group | January 29, 2020
Private equity giant Carlyle Group intends to invest US$100 million in developing, acquiring, financing and operating US solar projects through a new partnership with Missouri-based firm Alchemy Renewables. The Carlyle Group will invest through its new affiliate, Cardinal Renewables. Alchemy Renewables will provide asset management services, place tax equity financing and manage operations and maintenance services while Cardinal Renewables will acquire projects. Alchemy Renewables claims it has ...
Tesla | January 29, 2020
Elon Musk has an idea: move the entire United States onto solar energy, using a 100-by-100 mile patch of land. The only problem is, you'd probably need a bit more than that. The idea, a long-time favorite of Musk's, resurfaced in December 2019 when a Twitter user asked Musk about an old quote from Bill Gates. The Microsoft co-founder declared in 2011 that solar was "cute," but the answer lies in solutions like nuclear. Musk declared that Gates was "def wrong," declared that solar power offers on...
Solar+Storage
Frost & Sullivan | March 29, 2022
Frost & Sullivan's recent analysis of the Asia-Pacific power and energy market reveals that a growing number of traditional utilities and oil & gas companies will venture into distributed energy resources (DER) applications over the next five to 10 years. DER applications, including storage, solar, and EV charging infrastructure, and the hydrogen economy are expected to accelerate the energy transition toward net-zero emissions. Most countries in the region, such as Vietnam, South Ko...
Reuters | June 16, 2020
The U.S. clean energy sector has lost more than 620,000 jobs, or 18% of its work force, as stay-at-home orders and a weakened economy have slowed demand for solar panels and energy-efficient systems and curbed production of electric vehicles and clean fuels, a report published on Monday showed. The industry lost 27,000 jobs in May, a slower rate of decline than in April and March, when states first implemented lockdown orders to combat the spread of the coronavirus, according to the analysis of ...
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