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Utility Dive | April 07, 2020
In an effort to speed the development of large-scale clean energy resources, New York lawmakers authorized the creation of an Office of Renewable Energy Siting (ORES) and took steps to accelerate transmission investment to move carbon-free electricity to load centers. The new siting rules will ensure renewables projects larger than 25 MW can receive approval within a year. Under the current process, siting for these projects takes two to three years, experts say. The new office was approved las...
Tesla | June 04, 2021
Tesla is working on an optional Tonneau Cover for the upcoming Cybertruck, which could double as a solar panel to generate extra electricity during the day.
Elon Musk discussed the option back in 2019, saying that the solar tray cover in addition to fold-out solar wings could regenerate as much as 64km each day. Using the cover alone would provide an extra 24km, if you’re lucky, so says the Tesla CEO.
A new patent for the solar cover says that, “in one e...
Google | January 13, 2020
Tech giants continue to shake hands with energy providers in a bid to succeed in their sustainable energy source pledges. Affiliates of Google (NASDAQ: GOOGL) and NV Energy have agreed to power a new $600m data centre in Henderson, Nevada, through what they say is the world’s biggest battery-backed solar deal for a corporate customer. The deal was disclosed in a recent filing with the Public Utilities Commission (PUC) of Nevada by Nevada Power Co., a subsidiary of NV Energy that was acquired by ...
CIT | July 17, 2020
CIT Group Inc. today announced that its Power and Energy unit served as lead arranger on a $126 million financing for the 108-megawatt (MW) direct current Trent River Solar project in Pollocksville, North Carolina. The financing was arranged on behalf of solar project developer Pine Gate Renewables, a leading utility-scale solar developer headquartered in Asheville, North Carolina. The company currently operates more than 400 MW of renewable energy projects and has an additional 4 gigawatts of p...
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