Solar energy

LONGi and ATP Tour continue to partner for a sustainable future

Retrieved on: 
Tuesday, February 27, 2024

DOHA, Qatar, Feb. 27, 2024 /PRNewswire/ -- LONGi is delighted to confirm the continuation of its partnership with tennis' ATP Tour, reinforcing the two parties' ongoing shared commitment to developing sustainability, combining LONGi's cutting-edge solar and hydrogen solutions with the Tour's ambition of promoting a sustainable future through its global tournaments.

Key Points: 
  • DOHA, Qatar, Feb. 27, 2024 /PRNewswire/ -- LONGi is delighted to confirm the continuation of its partnership with tennis' ATP Tour, reinforcing the two parties' ongoing shared commitment to developing sustainability, combining LONGi's cutting-edge solar and hydrogen solutions with the Tour's ambition of promoting a sustainable future through its global tournaments.
  • As the ATP's official solar and hydrogen partner, the company plays a pivotal role in integrating green energy solutions at selected tournament venues, setting an example as to how to reduce the carbon footprint associated with global sporting events.
  • The partnership's latest highlight has been the recently concluded tournament in the Qatari capital, Doha, where LONGi's interactive booth was the focal point for games and sporting initiatives resonating with the theme of green living.
  • The collaboration with the ATP goes beyond a traditional partnership, underlining LONGi's commitment to its "Solar for All" initiative, which reflects the company's long-term vision of making solar energy readily accessible to communities worldwide.

ACORE Welcomes Fourth Cohort of Accelerate Member Companies

Retrieved on: 
Tuesday, February 27, 2024

WASHINGTON, Feb. 27, 2024 /PRNewswire-PRWeb/ -- The American Council on Renewable Energy (ACORE) announced today that 10 companies have been selected to participate in the fourth cohort of the ACORE Accelerate Membership Program.

Key Points: 
  • The American Council on Renewable Energy (ACORE) announced today that 10 companies have been selected to participate in the fourth cohort of the ACORE Accelerate Membership Program.
  • "ACORE's Accelerate Membership Program is the premier initiative in the United States aimed at creating opportunities for women- and minority-owned firms in the clean energy sector," said Neelam Sakaria, Director, ACORE Accelerate.
  • "ACORE's Accelerate Membership Program is the premier initiative in the United States aimed at creating opportunities for women- and minority-owned firms in the clean energy sector," said Neelam Sakaria, Director, ACORE Accelerate.
  • To learn more about the ACORE Accelerate Membership Program and the companies involved, click here .

The Surf & Sand Hotel Is Now Pensacola Beach's First Solar-Powered Commercial Property

Retrieved on: 
Thursday, February 22, 2024

PENSACOLA BEACH, Fla., Feb. 22, 2024 /PRNewswire-PRWeb/ -- Innisfree Hotels (innisfreehotels.com) proudly announces the completion of an ambitious solar power project at its Surf & Sand Hotel in Pensacola Beach. SunFarm Energy, Northwest Florida's local solar experts, recently installed a 330-panel rooftop solar array atop the 100-room property, making it the first solar-powered commercial site in Pensacola Beach and resulting in a huge reduction in the hotel's carbon footprint.

Key Points: 
  • PENSACOLA BEACH, Fla., Feb. 22, 2024 /PRNewswire-PRWeb/ -- Innisfree Hotels ( innisfreehotels.com ) proudly announces the completion of an ambitious solar power project at its Surf & Sand Hotel in Pensacola Beach.
  • The Surf & Sand solar project represents a significant milestone in creating a clean energy future on the Gulf Coast and a major step toward accomplishing Innisfree Hotels' sustainability goals.
  • In addition, the partnership between Innisfree and SunFarm Energy extends beyond the Surf & Sand project.
  • The Surf & Sand Hotel is located at 40 Fort Pickens Road in Pensacola Beach.

Arevon Secures $1.1 Billion Financial Close for Eland 2 Solar-plus-Storage Project

Retrieved on: 
Thursday, February 22, 2024

NEW YORK and SCOTTSDALE, Ariz., Feb. 22, 2024 /PRNewswire/ -- Arevon Energy, Inc., a leading renewable energy developer, owner, and operator, today announced it has secured more than $1 billion in aggregate financing commitments for its Eland 2 Solar-plus-Storage Project in Kern County, California. The 374 megawatt (MWdc) solar project coupled with 150 MW/600 megawatt hours (MWh) of energy storage is under early-stage construction and is anticipated to come online in Q1 2025.

Key Points: 
  • Arevon obtained $654 million of debt financing including a construction-to-term loan, a tax equity bridge loan, and letter of credit facilities.
  • Daniel Murphy, Director of Project Finance at Arevon, remarked: "The Eland 2 financing is an amazing accomplishment after Eland 1 which achieved financial close in 2022.
  • Eland 2 , combined with the project's first phase, Eland 1 , collectively represent one of the largest power plants in Arevon's portfolio.
  • "The Eland projects highlight our team's financial strength, industry expertise, and thoughtful approach to fostering a sustainable energy infrastructure.

Report: Solar Power is Cheaper Than Ever--but Overreliance Risks Destabilizing US Electricity Markets and Undermining Energy Investments

Retrieved on: 
Wednesday, February 21, 2024

Heavy Focus on Solar Might Create Volatile US Electricity Markets , allowing solar to become the dominant source of energy without adequate storage capacity might fuel greater volatility in US electricity wholesale markets—and potentially even negative prices during daytime hours.

Key Points: 
  • Heavy Focus on Solar Might Create Volatile US Electricity Markets , allowing solar to become the dominant source of energy without adequate storage capacity might fuel greater volatility in US electricity wholesale markets—and potentially even negative prices during daytime hours.
  • "Cheap solar power will be key to meeting renewable energy goals, but the intermittent nature of the technology poses serious challenges," said Alex Heil, Senior Economist at The Conference Board.
  • Crucially, concomitant investment in baseload power sources, grid upgrades, and energy storage solutions must keep up with the solar buildout."
  • Despite the variability of solar energy and resulting low or negative wholesale electricity prices, tax credits and incentives continue to encourage solar installation in California and elsewhere.

Å Entelios and Solar Power Accelerator enter into a strategic collaboration for the expansion of Energy as a Service including solar plants and energy storage systems

Retrieved on: 
Tuesday, February 20, 2024

These services encompass planning, procurement, financing, operation, service, and maintenance for solar plants and battery storage solutions.

Key Points: 
  • These services encompass planning, procurement, financing, operation, service, and maintenance for solar plants and battery storage solutions.
  • Å Entelios is part of Norway's leading power group, Å Energi, which is owned by Norwegian Statkraft and 30 municipalities.
  • Solar Power Accelerator AB (SPA) is an independent power producer (IPP), developer, and EaaS provider of large-scale rooftop-based solar power.
  • "The collaboration with Å Entelios allows us to focus on cost-effective and less complex energy projects with increased customer satisfaction.

EPCOR and SynerGen announce solar project in eastern New Mexico

Retrieved on: 
Tuesday, February 20, 2024

CLOVIS, New Mexico, Feb. 20, 2024 /PRNewswire/ - EPCOR USA (EPCOR) and SynerGen Solar (SynerGen) today announced they have entered into an agreement to develop nearly 500 acres of land for the purpose of developing a solar energy project.

Key Points: 
  • CLOVIS, New Mexico, Feb. 20, 2024 /PRNewswire/ - EPCOR USA (EPCOR) and SynerGen Solar (SynerGen) today announced they have entered into an agreement to develop nearly 500 acres of land for the purpose of developing a solar energy project.
  • The electricity produced from the project will be sold and delivered into the New Mexico power grid.
  • The project will be subject to various interconnection studies and permitting reviews and SynerGen expects the project to be operational by 2031.
  • "SynerGen has been a major player in New Mexico's solar future," added Hillel Halberstam, Managing Member of SynerGen.

Global Solar Power Plant Operation & Maintenance (O&M) Market is projected to grow at a CAGR of 12.8% through 2030

Retrieved on: 
Tuesday, February 20, 2024

The global solar power plant operation and maintenance (O&M) market stands at the forefront of a transformative era in the renewable energy sector.

Key Points: 
  • The global solar power plant operation and maintenance (O&M) market stands at the forefront of a transformative era in the renewable energy sector.
  • Driven by a surge in solar installations across the globe, the solar O&M market is experiencing robust growth.
  • As solar power plants become integral components of the energy landscape, the need to maximize their long-term performance is paramount.
  • For more information about this report visit: https://tersusstrategy.com/product/global-solar-power-plant-operation-ma...
    The solar power plant operation and maintenance (O&M) market are witnessing distinct trends within each service type category.

Global Solar Power Plant Operation & Maintenance (O&M) Market is projected to grow at a CAGR of 12.8% through 2030

Retrieved on: 
Tuesday, February 20, 2024

The global solar power plant operation and maintenance (O&M) market stands at the forefront of a transformative era in the renewable energy sector.

Key Points: 
  • The global solar power plant operation and maintenance (O&M) market stands at the forefront of a transformative era in the renewable energy sector.
  • Driven by a surge in solar installations across the globe, the solar O&M market is experiencing robust growth.
  • As solar power plants become integral components of the energy landscape, the need to maximize their long-term performance is paramount.
  • For more information about this report visit: https://tersusstrategy.com/product/global-solar-power-plant-operation-ma...
    The solar power plant operation and maintenance (O&M) market are witnessing distinct trends within each service type category.

Nature's Generator Debuts Home365 Which Showcases the Powerhouse Energy System

Retrieved on: 
Tuesday, February 20, 2024

CAMARILLO, Calif., Feb. 20, 2024 /PRNewswire/ -- Nature's Generator, a leader in renewable solar and wind energy home integration products showcases its Powerhouse system with the Tiny House Home365. The Home365 is not your typical tiny home – it's an elegant tiny home with the power solution, which can be a game-changer for homeowners because it's energy independent itself, and when located in a backyard, it can also provide a power solution for the main house.

Key Points: 
  • CAMARILLO, Calif., Feb. 20, 2024 /PRNewswire/ -- Nature's Generator , a leader in renewable solar and wind energy home integration products showcases its Powerhouse system with the Tiny House Home365.
  • Nature's Generator Powerhouse system features a 240v/7200-watt pure sine wave inverter capable of powering a house.
  • The Powerhouse system collects solar power with state-of-the-art monocrystalline panels capable of collecting solar energy even in lower light conditions.
  • Additionally, the Powerhouse system can work with a Transfer Switch which powers the main home from Powerhouse system.