Emergent Ventures India

Mercomindia | May 10, 2020

A U.S.-based solar panel maker, SunPower Corp., has announced a strategic partnership of $1 billion (~₹74.97 billion) with Technology Credit Union (Tech CU), one of the leading credit unions in California. The new partnership is expected to increase financing options for U.S. residential solar customers and give SunPower the much-needed access to capital for its loan program. The partnership is expected to reduce SunPower’s operating costs through low per watt financing fees. It is ...

American Electric Power | July 03, 2020

While the Public Utility Commission of Texas today denied approval of Southwestern Electric Power Co.'s (SWEPCO) plan to add 309 megawatts (MW) of wind energy to serve Texas customers, American Electric Power (NYSE: AEP) has received the other regulatory approvals needed to acquire the entire planned 1,485 MW of North Central wind generation. AEP is investing approximately $2 billion to bring new renewable energy to Public Service Company of Oklahoma (PSO) customers and SWEPCO customers in A...

CalMatters | March 23, 2020

California has set ambitious goals to fight climate change by reducing greenhouse gas emissions from the electricity sector. But, as the old saying goes, a goal without a plan is just a wish. Current state law calls for 60 percent of our energy to come from renewables by 2030, and for 100 percent clean energy by 2045. This builds upon earlier legislation that required half of our electricity to come from renewables by 2030. The state Legislature has set the destination but left it to state agenc...

SOLAR+STORAGE

American Electric Power | May 03, 2021

AEP Energy, a subsidiary of American Electric Power (Nasdaq: AEP) and one of the largest electric energy wholesale and retail suppliers in the U.S., and Global Energy Generation LLC (Doral LLC), a leading developer of renewable energy projects, primarily in the Midwest and Mid-Atlantic regions, announced today that they have signed a long-term renewable energy purchase agreement for the Mammoth Solar project in Indiana. Mammoth Solar 1, a 480 megawatt direct current (MWdc) solar e...