Renewable energy is now growing fast enough to absorb nearly all the new electricity demand being added to the world’s power grids. With solar panel prices at historic lows, batteries rapidly getting cheaper, and a conflict in the Middle East choking oil supplies, the shift away from fossil fuels is happening faster than most…
STAMFORD — Altus Power, a leading owner and operator of commercial-scale clean electrification assets, announced Wednesday the acquisition of a 234-megawatt portfolio of solar generation and storage assets from investment manager Greenbacker Renewable Energy Company. The acquired portfolio comprises more than 100 individual sites across 18 states and features long-term contracts with investment-grade customers,…
TEMPRE – First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the third quarter ended September 30, 2025, and updated its 2025 guidance. Net sales for the third quarter were $1.6 billion, an increase of $0.5 billion from the prior quarter. The increase in net sales was primarily due to an increase in…
PARIS: In line with its renewables business model, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the completion of the sale of 50% of a 270 MW wind and solar portfolio in France to investment funds managed by Eiffel investment Group. This transaction values the portfolio at €265 million. Following this transaction, TotalEnergies retains a 50% stake…
PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement with insurance vehicles and accounts managed by KKR, a leading global investment firm, for the sale of 50% of a 1.4 GW solar portfolio in North America. This transaction – which aligns with TotalEnergies’ renewables business model – values the portfolio at an enterprise value…
BERLIN: Otovo, Europe’s leading marketplace for residential solar and battery installations, today announced the launch of a marketing partnership with Germany’s largest automobile club, ADAC. ADAC’s 20 million members outnumber any other automobile association in Europe. In addition to offering roadside assistance, maintenance and repair services, German homeowners can buy solar energy solutions through…
PARIS, FRANCE: Co-op, a leading consumer co-operative, has signed a 15-year deal with Voltalia, a renewable energy company, to buy all the electricity from a 34-megawatt solar farm in North Yorkshire. The Eastgate Solar project, which will start operating in 2025, will supply up to 7.5 % of Co-op’s total electricity needs per year,…
SYDNEY, AUSTRALIA: New Zealand energy company Contact Energy and global solar developer Lightsource bp (‘LSbp’) will collaborate on a series of grid-scale solar generation projects to create up to 380,000 megawatt hours of clean, affordable electricity annually by 2026 – enough to power 50,000 homes across the country. Under the new 50/50 joint venture…
KARACHI, PAKISTAN: Bestway Cement and Reon Energy Limited today energized 14.3 MW captive solar power project at Farooqia, Khyber Pakhtunkhwa. The plant is part of around 50 MW project deal dispersed across Bestway’s four locations i.e., Farooqia, Chakwal, Kallar Kahar and Hattar. The deal between Bestway and Reon is the largest distributed energy project…
PERTH: Energy Action (ASX: EAX) has announced the launch of an innovative new solar procurement solution, the Energy Action Solar Auction, which further strengthens Energy Action’s leadership in commercial energy procurement. Energy Action is a leading provider of innovative Energy Procurement, Contract Management & Environmental Reporting, and Retail Services. The Energy Action Solar Auction…