Mobius Renewable Energy

CIT Group Inc. | July 08, 2020

CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts Mill Solar project in Edgecombe County, North Carolina. The project is owned by Kayne Anderson Capital Advisors L.P., a leading alternative investment manager, and marks their first solar investment supplying the PJM Interconnection grid. Kayne has partnered with Birch Creek Development and Pine Gate Renewables, a successful utility-scale...

ENERGY

DuPont | September 23, 2021

DuPont today announced that it has signed a virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC with a generation capacity of the equivalent of 135 megawatts of new wind energy in Texas. The agreement, subject to customary performance conditions, supports DuPont's Acting on Climate goal of reducing absolute greenhouse gas (GHG) emissions by 30 percent, including sourcing 60 percent of electricity from renewable energy, by 2030, and achieving carbon neut...

Azure | August 14, 2020

Azure Power, a leading solar power producer in India, was ranked as the 10th best renewable energy company, or in the top 16th percentile, of all global renewable power producers for sustainability by Sustainalytics. In addition, Azure Power ranked 21st, or in the top 5%, of 469 global utilities covered by Sustainalytics. Sustainalytics' ESG Risk Ratings measure company-level environmental, social, and governance (ESG) risk by combining the concepts of management and exposure to arrive at an...

Tesla | March 11, 2020

When Tesla (NASDAQ:TSLA) bought SolarCity in 2016, Elon Musk claimed it completed his grand vision for an energy company. Tesla would not only sell electric vehicles and energy storage to customers, but it would also install solar panels and the newly announced Solar Roof shingles. A key component to the deal was what Tesla dubbed Gigafactory 2 in Buffalo, New York. The heavily subsidized facility was supposed to produce an astounding 2 gigawatts (GW) of solar panels per year, enough to power a...