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Theverge | May 03, 2020
Transforming America into a country that runs on clean energy is one way experts hope to alleviate the devastating economic downturn caused by the COVID-19 pandemic. With unemployment soaring and oil prices in a free fall, it’s looking highly unlikely that the US will simply step back into “business as usual.” Even though the pandemic is still raging, policy experts, climate action advocates, and scientists have all started drawing up plans that could save Americans from both t...
INDUSTRY UPDATES
Azelio | January 25, 2021
Azelio and Svea Solar have signed a MoU to create projects utilizing Azelio's long-span energy stockpiling, TES.POD®, coupled to PV frameworks. The joint effort will range over at any rate 3 ventures in 2021, 5 tasks in 2022, and 10 activities in 2023. A sum of 8 MW of introduced force and in excess of 100 MWh in comparable stockpiling limit. Svea Solar is Sweden's biggest solar PV installer. On the side of extending its business contributions into the energy stockpili...
Community Energy | July 31, 2020
Community Energy has entered into an agreement with Henderson Municipal Power & Light (HMP&L), enabling 50 MW of new solar power in western Kentucky. Through a 20-year PPA, HMP&L will purchase 100% of the output of a new solar farm under development by Community Energy. Located in Henderson County, this facility is expected to be completed in 2022. The solar project will fulfill 20% of HMP&L’s electricity demand. “We are proud to be working with HMP&L, who is demo...
ENERGY
Ares Management Corporation | December 27, 2021
Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform (“Infrastructure Debt”), one of the largest infrastructure debt investment platforms globally with approximately US$8 billion in assets under management, as of September 30, 2021. The transaction consideration is A$428 million (U...
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