Motech Industries, Inc. Solar BU

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...

Energy

GWM | June 18, 2022

Recently, the data released by AutoPat, the global automotive patent big data platform, shows that GWM opened over 1,000 new energy vehicle technology patents last year. This year, GWM has opened 1,301 new energy vehicle patents and authorized 914 patents, ranking first among vehicle enterprises in the Chinese market. According to a report also released by this website, with GWM taking the lead, the number of patents open to the market by Chinese finished vehicle en...

Strategy and Best Practices, Energy

FlexGen | January 19, 2023

On January 17, 2023, FlexGen Power Systems, Inc., a top battery energy storage solution and software technology provider, announced its selection for providing energy storage software and technology for 420MW of energy storage across four locations in California to Middle River Power. The energy storage projects are located along the current simple cycle natural gas peaking plants and will have interconnected facilities. Collocation of the natural gas peaking facilities with bat...

BayWa r.e. | September 10, 2020

Global renewable energy developer, service provider and distributor BayWa r.e. has acquired Enable Energy Inc. (EEI), a U.S.-based commercial and industrial (C&I) solar and energy storage solutions provider with extensive skills in engineering, procurement and construction (EPC) and operations and maintenance (O&M) support. The acquisition represents the latest move in BayWa r.e.'s growth and expansion strategy in the Americas. With 750 megawatts (MW) of solar and wind projects under...