Author: EnergyNews.biz Newsroom

The EnergyNews.biz Newsroom covers daily energy transition news: hydrogen, energy storage, small modular reactors, grids, carbon and renewables. News items are researched and edited by the EnergyNews.biz editorial team under the editorial standards of EnergyNews.biz.

The shift toward large scale renewable energy deployment in the United States is increasingly becoming a financing and infrastructure challenge rather than a technology question. Permanent Power Company, a national power platform backed by CIM Group, has secured approximately $600 million in construction financing for its Grape solar and energy storage project in California, highlighting the growing role of hybrid renewable projects in addressing grid reliability and clean energy demand.

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