Lixiang, also known as CHJ Automotive, founded by entrepreneur Li Xiang, confidentially filed in December for the IPO, which will take place as early as the first half of 2020, said the people HONG KONG/BEIJING: Chinese electric vehicle maker Lixiang Automotive has filed for a U.S. initial public offering, aiming to raise at least $500 […]
SB Energy and Intersect Power Partner on 1.7 GW of U.S. Solar Projects
SB Energy to Build, Own and Operate Five Solar Power Plants in California and Texas SAN FRANCISCO : SB Energy Global Holdings Ltd. (SB Energy), a subsidiary of SoftBank Group Corp., and Intersect Power, LLC (Intersect Power), a utility-scale renewable energy developer, announced today that SB Energy will acquire a portfolio of five U.S. solar […]
Trump promotes pulling U.S. from Paris climate accord in speech touting ‘America First’
PITTSBURGH/WASHINGTON : President Donald Trump on Wednesday affirmed plans to pull the United States out of the Paris climate agreement, less than two weeks before his administration can formally start the process. At an energy conference in Pittsburgh, Trump touted surging U.S. natural gas and crude oil output, his efforts to roll back regulations on […]
Intersect Power Announces 1.7 GW Portfolio of Shovel-Ready U.S. Solar Projects
Signal Energy to lead gigawatt-scale EPC effort, using First Solar advanced PV modules and NEXTracker smart solar trackers SAN FRANCISCO : Intersect Power, a utility-scale renewable energy developer, announced today that it has entered late-stage development on a large portfolio of solar power plants with a combined capacity of more than 1.7 gigawatts (GW)DC. The […]
Solar Tech Company Complete Solar Raises $9 Million to Expand Access for Solar Adoption in the U.S.
Ecosystem Integrity Fund led the round, investing into one of the leading companies in solar energy SAN RAMON, Calif. : Complete Solar, Inc., today announced it has raised $9 million in equity funding led by Ecosystem Integrity Fund. Additional participating investment came from the Libra Foundation. This capital is supporting Complete Solar’s market expansion, which […]
WTO to rule on China’s complaint on U.S. duties on solar cells
GENEVA : The World Trade Organization (WTO) set up a dispute panel requested on Thursday by China to rule on U.S. safeguard duties imposed on imports of solar cells, a Geneva trade official said. The decision, automatic upon its second request at a meeting of the WTO’s Dispute Settlement Body (DSB), came as the two […]
New Energy Equity (NEE) Recognized as Sixth Largest Solar Developer in the U.S.
ANNAPOLIS, Md : New Energy Equity was ranked as the sixth largest developer in Solar Power World’s release today of its Top Solar Contractors list, recognizing hundreds of solar contractors and developers across the United States. NEE was also identified as the fourth largest commercial solar contractor nationwide. In 2018, the company installed just under […]
Siemens Gamesa Conditionally Awarded Largest U.S. Offshore Wind Power Order to Date: 1.7 GW From Ørsted and Eversource
Conditional contract encompasses three offshore wind power projects in northeastern U.S.: the 704-MW Revolution Wind project, the 880-MW Sunrise Wind project, and the 130-MW South Fork project Delivery includes SG 8.0-167 DD wind turbines and service agreements Largest U.S. offshore wind power contract conditionally awarded to date Projects expected to be online between 2022-2024 subject to […]
Some U.S. ethanol makers looking to buy Brazilian corn – RFA
SAO PAULO : Some U.S. ethanol makers are considering buying corn from Brazil to guarantee supply as domestic crop prices are rising, the chief of the Renewable Fuels Association (RFA) said on Tuesday. “I haven’t heard that it is happening, but I have heard some chatter that there are people looking at it, because of […]
U.S. solar power installation outlook brightens on falling costs -report
In 2019, installations are expected to be up 25 percent from 2018 to 13.3 gigawatts New Delhi: The U.S. solar energy industry lifted its installation outlook for this year and beyond thanks to robust demand for large-scale projects by utilities buying the clean energy source for its low cost, according to a report published on […]