NextPower III completes purchase of two solar projects from Urban Grid
NextPower III, a fund managed by NextEnergy Capital, has completed the purchase of two solar photovoltaic projects, 28 MW Briel Farm Solar located Henrico County and an 18 MW Gardy's Mill Solar facility located in Westmoreland County, Virginia, USA, from Urban Grid.
The two projects would cost about US$40 million to construct and will generate electricity equivalent to the consumption of 9,785 homes and offset approximately 123,706,737 pounds of CO2 annually.
The facilities are expected to commence operation by March 2020.
Country updates
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April 26, 2019
Allete refurbishments of wind turbines in Minnesota
Allete Clean Energy has refurbished more than 50% of the 3 wind turbines of the projects, namely: 108 and 80 MW Storm Lake I and II wind projects in Iowa, and the 104 MW Lake Benton wind project in Mi...
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April 26, 2019
Greenbacker Labs announces equity investment in Exergy Energy
Greenbacker Labs has announced that it has made an equity investment in Exergy Energy. Terms were not disclosed. Exergy Energy, formed in 2018, provides 100% renewable energy, backup generation and i...
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April 26, 2019
Excelsior acquires 25 MW El Centro solar project in California
Excelsior Energy Capital, through North American Renewable Energy Fund, acquired 100% of the 25 MW El Centro solar project located in California, USA from Grupo T-Solar Global USA Inc. Excelsior is a...
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April 26, 2019
SolarServe withdraws western solar power tower project
SolarServe LLC withdrew its federal permit application on January 31, 2019 for the 2 GW Sandstone concentrating solar power (CSP) project. The planned project would be the world’s largest CSP on...
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April 25, 2019
7X Energy signs final PPA for 690MW solar project in Texas
7X Energy has secured a second power purchase agreement (PPA) for the remaining power of its 690 MW Taygete Energy Project located in Pecos County, Texas. The first PPA for Phase I of the project was...
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