Synergy Power Solutions

Energy, Products

Cleco Power and DESRI | August 19, 2022

Cleco Power (Cleco) and D.E. Shaw Renewable Investments (DESRI), a leading renewable energy producer in the U.S., announce a long-term renewable energy off-take agreement. The Dolet Hills Solar Project includes a 240 MWac facility to be constructed at the recently retired Dolet Hills lignite-fired power plant in DeSoto Parish, Louisiana. The Dolet Hills Solar Project supports Cleco's growing renewable energy fleet and follows the company's recent announcement of Project Di...

Business Wire | March 17, 2020

Old Dominion Electric Cooperative (ODEC) and EDF Renewables North America today announced an increase to a previously announced partnership to develop a portfolio of distributed solar projects across ODEC member service territories in Virginia, Maryland, and Delaware. The 15 projects, expected in service in 2021, will generate more than 60 megawatts (MWac) of local solar energy to ODEC member communities while at the same time providing regional and energy diversification to the cooperative’s ge...

Economictimes | August 15, 2020

Apollo Global Management Inc said on Friday that it agreed to invest $265 million in offshore wind developer US Wind Inc, marking the private equity firm's first foray into one of the hottest areas of renewable energy development in the country. Apollo said its investment, which includes both debt and equity, will fund the construction of an offshore wind project off the coast of Maryland. Wind power is the largest source of renewable energy in the United States, generating about 7.3 per cen...

Volkswagen | January 24, 2020

Volkswagen CEO Herbert Diess went to Germany last week to participate in the annual World Economic Forum event. While there, he took the opportunity to sing the praises of Tesla. “I think it’s great to have good competition. We think that Tesla plays a very important role in the transition because they are paving the way. They showed that electric cars are working, that a fully electric car is the right solution. So, we appreciate that,” Diess told the press in Davos, according to CNBC. Such pra...