Image: Canadian Solar.
Solar giant Canadian Solar and Windel Capital are teaming up for a 1.4GWp pipeline of solar in a bid to boost their UK presence.
Having signed a project development agreement for the pipeline, the two companies are expecting the first of these projects to reach ready-to-build status in the second half of 2021. It will be up to Windel to deliver the early-stage projects to ready-to-build status, with Canadian Solar providing funding, support and the procurement of power purchase agreements.
The possibility for several of these projects to be co-located with battery storage is also being explored by Windel, with Gary Toomey, managing partner of Windel Capital, stating the firm is “looking forward” to co-developing “clean and affordable solar energy”.
Dive Brief:
President Joe Biden on Wednesday marked his first day in office by taking steps to rejoin the Paris climate accord, along with signing a flurry of executive orders.
One executive order Biden signed is intended to restor[e] science and tackle the climate crisis by reviewing several agency actions taken under former President Donald Trump, including on energy efficiency, coal ash, the National Environmental Policy Act (NEPA), fuel efficiency standards, and more. He also signed an order intended to review industry influence on the regulatory process.
Biden has long pledged to make climate and clean energy a priority under his administration, and stakeholders say these day one actions signify that will be the case.
UK added 545 MW of solar last year to hit 13.9 GW
The news comes on the day a private equity investor in the English North East announced plans to jointly develop a 1.4 GWp solar portfolio with Canadian Solar.With the rebranded trade body for U.K. solar today revealing the country added 545 MW of generation capacity last year, there were fresh announcements of plans for a further 1.6 GWp of project capacity in the former EU member state. The biggest statement of intent this morning was made by Newcastle-based private equity group Windel Capital, which said it had signed a deal with Sino-Canadian manufacturer Canadian Solar to co-develop a 1.4 .
NeoVolta Continues Growth Expansion with Recent Launch in Utah NeoVolta Now Installing Energy Storage Systems Throughout the State of Utah
January 21, 2021 13:00 ET | Source: NeoVolta Inc. NeoVolta Inc. Poway, California, UNITED STATES
SAN DIEGO, Jan. 21, 2021 (GLOBE NEWSWIRE) NEOVOLTA INC. (OTCQB: NEOV) – NeoVolta, manufacturer of Smart Energy Storage Systems, continues to expand its distribution network. NeoVolta systems have been approved for grid connection by Moon Lake Electric, a utility serving northeastern Utah. With NeoVolta installations starting in Utah, the state joins California, Nevada, Arizona.
As the ninth-sunniest state in the U.S. and rankedeleventh in installed solar energy, Utah has tremendous growth potential in residential energy storage. NeoVolta’s launch in Utah was made possible through an exclusive distributor agreement with PMP Energy. Under the three-year term of the agreement, P