KKR, a global investment firm, has signed agreements with NextEra Energy Resources LLC, a subsidiary of NextEra Energy Inc., and NextEra Energy Partners LP relating to two separate transactions to acquire equity interests in portfolios of contracted utility-scale wind and solar assets. KKR will invest approximately $1.4 billion in total in the two transactions for interests in … [Read more...] about KKR Acquires Equity Interests in NextEra Solar Portfolios
sonnen, Standford Collaborate on Energy Storage, Load Management Research
sonnen, a manufacturer of smart energy storage systems, says it has entered a research collaboration with Stanford University’s Sustainable Systems Lab (S3L) to deploy its intelligent energy storage hardware and load management software in 15 Fremont-area solar-powered homes and in a commercial agricultural facility in El Nido, Calif. The deployment and continued … [Read more...] about sonnen, Standford Collaborate on Energy Storage, Load Management Research
Turnkey Capital Signs LOI to Acquire Affordable Solar Solutions
Turnkey Capital Inc., a business advisory company, has signed a letter of intent (LOI) to acquire Affordable Solar Solutions, a solar photovoltaic (PV) design and installation firm currently servicing the Southeastern U.S. Affordable Solar was founded to address the way that society thinks about and uses energy. With a focus on seeking solutions to the world energy … [Read more...] about Turnkey Capital Signs LOI to Acquire Affordable Solar Solutions
The National Science Foundation Funds Study to Better Understand DERs
The National Science Foundation has awarded $39 million to a team of engineers and computer scientists at UC San Diego to build a first-of-its-kind testbed to better understand how to integrate distributed energy sources such as solar panels, wind turbines, smart buildings and electric vehicle batteries into the power grid. The goal is to make the testbed available to … [Read more...] about The National Science Foundation Funds Study to Better Understand DERs
Cypress Creek Completes Refinancing on North Carolina Solar Portfolio
Cypress Creek Renewables, a company that develops, finances, owns and operates utility-scale and distributed facilities, has completed a tax equity buyout and refinancing of project-level debt for 92 MW of its solar energy portfolio across North Carolina, making Cypress Creek the sole owner of these projects. In the renewable energy industry, project sponsors are … [Read more...] about Cypress Creek Completes Refinancing on North Carolina Solar Portfolio