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GCCIA | December 23, 2021
Gulf Cooperation Council Interconnection Authority (GCCIA) with the support of CESI Middle East FZE, a subsidiary of CESI S.p.A. (Centro Elettrotecnico Sperimentale Italiano), a world-leading technical consulting and engineering company launched the GCC Day Ahead Market (DAM) Pilot Project at the Pavilion of the Gulf Cooperation Council at Expo 2020, in Dubai. This ambitious project consists in the creation of an electronic platform for the pricing of electricity in GCC countries,...
East Bay Community Energy | September 27, 2021
Today at Altamont Pass in Livermore, California, East Bay Community Energy (EBCE), one of California's most successful community choice power agencies, marked the commercial commencement of the Scott Haggerty Wind Energy Center, a re-powered source of clean energy for residents within its district spanning 14 cities and Alameda County. The ribbon-cutting is emblematic of what EBCE sees as a new era for inclusive energy. The new facility represents a $20 million investment into...
News18 | June 18, 2020
Tesla Model S has become the first electric car in the world to cross the 400 plus mile mark. In a statement on its official website, Tesla said, “Starting today, all North American Model S Long Range Plus vehicles have an official EPA-rated range of 402 miles, representing a nearly 20% increase in range when compared to a 2019 Model S 100D with the same battery pack design.” Further, in the statement, the brand informed that all Model S Long Range Plus vehicles will be getting the 4...
CIT Group Inc. | June 24, 2020
CIT Group Inc. today announced that its Power and Energy unit served as sole lead arranger on an $85 million financing for the 80-megawatt Pioneer Solar project near Denver, Colorado. The financing was arranged on behalf of project sponsor Idemitsu Renewables (formerly Solar Frontier Americas), a leading solar project developer that has successfully built and sold hundreds of megawatts of utility-scale solar power since 2015. The project will sell power to Intermountain Rural Electric Associatio...
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