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EnSync Energy Systems | July 10, 2018
EnSync, a developer of innovative distributed energy resources (DERs), business models and controls, announced that the company will feature an interactive livestream at Intersolar North America of a system running the EnSync Home Energy System (EnSync Home), which includes solar, energy storage, power electronics and an Internet of Energy control platform. Booth visitors will be able to clearly visualize different optimized settings and the automatic energy flow of an intelligent distributed en...
EnSync Energy Systems | July 09, 2018
InSync, a developer of distributed energy resources (DERs), announced the sale of 20-year power purchase agreements (PPA) with the tourist destination Polynesian Cultural Center and the community organization Kohala Village HUB to undisclosed investors. The PPA for the Polynesian Cultural Center, a nonprofit 501(c)(3) organization established to preserve and portray the cultures, arts, and crafts of Polynesia, will finance a set of photovoltaic and inverter systems totaling 413 kW, with the flex...
Blackstone | January 14, 2020
Private equity giant Blackstone is recapitalizing a U.S. solar power company with $850 million in new investment. Altus Power America, based in Connecticut, announced the Blackstone contribution to refinance its existing capital structure and fund future development. Blackstone made the investment through its GSO Capital Partners LP and Blackstone Insurance Solutions (BIS) Groups. “We’re incredibly enthusiastic to be partnering with Blackstone as we position our business for accelerating growth,...
Oil & Gas 360 | January 13, 2020
Ormat Technologies, Inc. (NYSE: ORA) today announced the signing of two similar Power Purchase Agreements (PPA) with Silicon Valley Clean Energy (SVCE) and Monterey Bay Community Power (MBCP). Under the PPAs, SVCE and MBCP will each purchase 7MW (for a total of 14 MW) of power generated by the expected 30MW Casa Diablo-IV (CD4) geothermal project located in Mammoth Lakes, California. The PPAs are for a term of 10 years and have a fixed MWh price, which includes energy, capacity, environmental at...
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