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Tesla | February 26, 2020
Tesla and Panasonic are scrapping their partnership in producing solar cells after years of struggling to ramp up output at the Gigafactory 2 in upstate New York. The companies intend to continue working together on automotive batteries for Tesla's electric vehicles. But the latest decision poses yet another setback in their strained relationship, which had once been considered a key component to Panasonic's turnaround. Tesla and Panasonic announced their joint venture on solar cells in 2016. Th...
Energy
Amazon | April 20, 2021
Amazon announced nine major utility-scale wind and solar energy facilities in the United States, Canada, Spain, Sweden, and the United Kingdom today. The company now has 206 clean energy projects around the world, including 71 utility-scale wind and solar projects and 135 solar rooftops on facilities and shops, totaling 8.5 GW of electricity production capacity. With this latest announcement, Amazon has become Europe's largest corporate purchaser of renewable energy, with over 2.5 GW of rene...
Solar+Storage
Solar FlexRack | August 03, 2021
Solar FlexRack™, a division of Northern States Metals and an innovative leader in photovoltaic (PV) mounting and solar tracker solutions, announced that it has supplied its solar trackers and mounting technology to Swinerton Renewable Energy (SRE), named the top U.S. EPC, for a total of 80 MW of distributed generation solar projects. Located in Connecticut, California and Illinois, SRE's latest 30 MW of projects will utilize Solar FlexRack's TDP 1.0 and TDP 2.0 Solar Trackers in el...
Ares Management Corporation | December 27, 2021
Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform (“Infrastructure Debt”), one of the largest infrastructure debt investment platforms globally with approximately US$8 billion in assets under management, as of September 30, 2021. The transaction consideration is A$428 million (U...
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