The Timken Co., a company that specializes in engineered bearings and power transmission products, says it is allocating more than $75 million in capital investments through early 2022 to increase the company’s renewable energy capabilities across its global footprint. “This has been a breakout year for us in renewable energy markets,” says Richard G. Kyle, … [Read more...] about Timken Remains Confident in Expanding Renewables Market
Seraphim Investing in Vietnam to Expand Global Production Capacity
Seraphim Solar System Co. Ltd., a solar product manufacturer, says it is investing in a 750 MW module assembly factory with fully automatic production lines in Vietnam. Seraphim’s investment will enhance Vietnam’s enterprise resilience in the face of the pandemic by strengthening its global supply capability, using Seraphim’s 500 MW S3 series half-cell … [Read more...] about Seraphim Investing in Vietnam to Expand Global Production Capacity
First Large-Scale Facility to Combine Wind, Solar and Storage Comes Online
Portland General Electric Co. (PGE), an Oregon-based fully integrated energy company, says it has started commercial power generation at the Wheatridge Renewable Energy Facility in Eastern Oregon. Wheatridge is a joint project of PGE and a subsidiary of NextEra Energy Resources LLC. The new facility marks a milestone in Oregon’s acceleration to a clean energy … [Read more...] about First Large-Scale Facility to Combine Wind, Solar and Storage Comes Online
NuGen Capital Breaks Ground on Rhode Island Rooftop Solar Project
NuGen Capital Management LLC, a company that owns, operates and develops renewable energy projects, has started construction on a 6.76 MW DC rooftop solar power system in Rhode Island. The project, which will utilize over 16,000 solar panels, is being installed by AUI Partners, a full-service renewable energy and commercial contractor, on a 560,000 square foot … [Read more...] about NuGen Capital Breaks Ground on Rhode Island Rooftop Solar Project
Encore, Greenbacker Developing Pollinator-Friendly Solar Projects
Encore Renewable Energy, a company that specializes in the design, development, financing, permitting and construction of solar and energy storage projects, and Greenbacker, a limited partnership that makes corporate debt and equity investments in sustainable infrastructure development companies, have entered into a new agreement for the completion of 14 solar projects … [Read more...] about Encore, Greenbacker Developing Pollinator-Friendly Solar Projects