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EIN News | February 05, 2020
The U.S. Department of Energy (DOE) announced up to $125.5 million in new funding to advance solar technology research. Through the Office of Energy Efficiency and Renewable Energy (EERE) Solar Energy Technologies Office, DOE continues to advance research and development of solar technologies that reduce the cost of solar, increase the competitiveness of American manufacturing and businesses, and improve the reliability of the grid. “Solar energy has grown tremendously in the last decade,” said...
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...
azdailysun | February 02, 2020
A new wind energy power plant south of Winslow will be built on the border of Coconino County and Navajo County, and is vying to be a part of the state's transition into a clean energy future. The 477-megawatt Chevelon Butte Wind Farm is proposed by sPower, a Utah-based company, and could build turbines that will be some of the largest structures in the state. The wind farm would join three other wind farms in Arizona, two of which are in northern Arizona. Arizona Public Service, which announced...
Nomad Transportable Power Systems Inc. | August 02, 2022
Nomad Transportable Power Systems (“NOMAD”), a company founded by U.S.-based battery manufacturer KORE Power, unveiled a portfolio of mobile energy storage systems (units); these mobile-focused, lithium-ion storage units can disrupt fossil-fuel dominated sectors by removing traditional barriers to energy storage adoption such as cost, siting, and installation.At a ribbon cutting event in Waterbury, Vt., Jay Bellows, CEO of NOMAD, hailed the arrival of mobile lithium-ion storage as a ...
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