Author: Anela Dokso

NJR Clean Energy Ventures (NJRCEV) has completed new 1.5 megawatt (MW) ground-mounted solar project at the former municipal landfill. Consisting of nearly 4,000 solar panels, the fixed-tilt array is expected to provide enough clean energy to power 230 homes annually and reduce emissions by 1,435 tons, equal to removing 290 cars from the road each year. The capped landfill has been closed for more than 30 years. NJRCEV will lease 23 acres of this underutilized space from the borough for a term of 25 years with the opportunity to extend the agreement for up to an additional 10 years. The…

Suzlon Group, one of India’s largest renewable energy solutions providers, has appointed Ashwani Kumar as the group CEO. Ashwani Kumar, with over three decades of experience in the areas of projects, business development and finance at Indian Power and Infrastructure companies is a mechanical engineer, and an alumnus of IIM Bangalore and The Harvard Business School. Having led construction of over 6,000 MW of power projects from bidding to commercial operations, Ashwani Kumar has proven expertise in closing and managing large, complex contracts, effectively leveraging corporate affairs and leading transformations resulting in agile and responsive organizations. “I am delighted that…

Global Energy Ventures (GEV) has launched a new compressed hydrogen ship design (H2 Ship) to transport clean, renewable energy. The company’s Marine Engineering and Development Teams have established an accelerated program to develop the technical specifications for an innovative compressed H2 Ship, including the cargo containment system, to be designed in accordance with the American Bureau of Shipping (ABS) rules and guidelines. The ship and its innovative cargo system are in the patent process and GEV expects to receive broad patent protection for this novel ship. The containment system will include ambient temperature hydrogen at a target pressure of 3,600…

Nova Innovation has celebrated its 10th birthday with the expansion of its tidal array. Nova Innovation installed its commercial direct-drive tidal turbine ‘Eunice’. The new turbine is already powering homes across Shetland. Nova has informed that the next generation of direct-drive turbine slashes the cost of tidal energy by a third – making tidal energy cost competitive with fossil fuels. Eunice is the first of three turbines set to double the size of the Shetland Tidal Array as part of the EnFAIT project. The EnFAIT project, now in its third year, has been driving the commercialization of the tidal energy…

Fluence, a Siemens and AES company, has acquired the digital intelligence platform of AMS, the provider of AI-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver additional revenue, improve grid reliability and efficiency, and support the global transition to more sustainable and resilient power systems. AMS’ technology uses artificial intelligence, advanced price forecasting, portfolio optimization and market bidding to ensure energy storage and flexible generation assets are responding optimally to price signals sent by the market. The…

National Grid has, through its National Grid Ventures unit, launched National Grid Renewables, the new brand name for its US renewable energy business which includes solar, onshore wind and battery storage. National Grid Renewables is focused on accelerating the clean energy transition through developing, owning, and operating large-scale renewable energy assets across the United States. “National Grid has a critical role to play in the acceleration of a cleaner energy future, which is why we’re pleased to be launching National Grid Renewables to further underscore our commitment to reaching net-zero. In addition to being positive for our planet, developing new…

Inovateus Solar has, with its partners, formed Brilliant Capital, a solar project financing venture. Brilliant Capital is a joint undertaking of Middleburg Capital Development (MCD) and LogiKan Group and will augment the core capabilities of Inovateus’ development, engineering, procurement, and construction portfolio. The new venture will serve dual roles as system owner and operator as well as providing development capital for early and mid-stage solar projects. This highly integrated offering will accelerate Inovateus’ activity in commercial, industrial, municipal, and utility projects in the Midwest and throughout the United States. “Finding the right solar financing partner can be a huge and…

Tata Power has received a Letter of Award (LOA) from the Gujarat Urja Vikas Nigam Limited (GUVNL) to develop a 100 MW solar project in Dholera Solar Park of Gujarat. The energy will be supplied to GUVNL under a Power Purchase Agreement (PPA), valid for a period of 25 years from scheduled commercial operation date. The project has to be commissioned within 15 months from the date of execution of the PPA. With this award, the cumulative capacity under development in Gujarat would be 620 MW out of which 400 MW will be in Dholera Solar Park. The plant is…

OG&E, the electric utility subsidiary of OGE Energy, has completed construction of two 5 MW solar energy farms in southeast Oklahoma. In February, the company announced it would build the two solar energy centers, one in Davis, Oklahoma, and one in Durant, Oklahoma, to help meet the renewable energy needs of the Chickasaw Nation and the Choctaw Nation respectively. Both tribes have purchased approximately 50% of each energy center’s solar output through OG&E’s solar tariff. The remaining solar capacity was made available to all customers. With the new solar farms now energized, approximately 4,600 customers are subscribed to OG&E Solar…

Altus Power America has welcomed Nicholas Minekime as a managing director to help lead origination, business development and acquisitions. Prior to joining Altus, he was director of Deal Development & Execution at True Green Capital, where he was instrumental in driving growth in solar assets, with particular focus on community solar where Nicholas built out an origination and servicing platform for over 13,000 customers. Before True Green Capital, Nicholas lead solar asset investments in Capricorn Investment Group, where he was also involved in closing investments in Tesla Motors, DEPCOM Power and TerraForm Power. Throughout his career, Nicholas has been involved…