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Duke Energy | July 02, 2020
Duke Energy Florida (DEF) today filed a proposed new Clean Energy Connection (CEC) Program with the Florida Public Service Commission. The announcement is the latest advancement in Duke Energy's commitment to solar energy. If approved by the commission, the program will provide Duke Energy Florida customers with about 750 megawatts (MW) of new, cost-effective solar power – offering more options for qualified residential, business and local government customers to share in a slice of th...
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...
RECHARGE news | April 03, 2020
Automotive giant Toyota unveiled plans to enter the renewable power generation industry after a deal to set up Toyota Green Energy with a Japanese utility. Toyota – one of the world’s largest auto manufacturers and a pioneer of electric vehicles (EVs) with its Prius hybrid model – said the new company will run wind and solar plants in Japan to help the group meet its 2050 environmental ambitions. The auto-maker will own 50% of Toyota Green Energy, with power utility partner Chubu Electric holdin...
Energy Live News | April 09, 2020
The United States Department of Energy (DOE) has announced a $4.5 million (£3.6m) fund towards the training of professionals such as firefighters, first responders and safety officials engaged with distributed energy resources. The Educational Materials for Professional Organizations Working on Efficiency and Renewable Energy Developments (EMPOWERED) funding programme will give these workers up-to-date information on emergency responses. Highlighting the need to prepare for a ‘rapidly’ changing ...
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