Energy Transition in Motion (Week of Nov. 1, 2024)

Here is a look at some of this week’s renewable energy news, including progress on the largest U.S. offshore wind project being developed.

KKR, Solar Developer Birch Creek Close $150MM Credit Facility

KKR will provide a $150 million credit facility with Birch Creek Energy, which owns 160 megawatts of power projects, with more expected in place by year-end 2024.

First Solar’s Profit Rises Despite Chinese Dumping, Patent Disputes

First Solar executives said Chinese dumping and alleged patent infringements are among concerns for the solar panel maker.

Canadian Solar’s Recurrent Flips Switch on Texas Solar Project

Located in Liberty County northeast of Houston, the solar farm will produce enough electricity to power about 15,000 homes annually, the company says.

WoodMac: $3.5 Trillion Needed Annually to Hit Net Zero Targets

Higher demand for oil, gas and coal will delay peak emissions past 2030 and push the world beyond Wood Mackenzie’s base transition case and closer to a 3 C pathway, the consultancy said in a new report.

NextEra Ponders Nuclear Plant Restart as Backlog Climbs

NextEra Energy’s CEO is considering restarting the Duane Arnold nuclear plant as electricity needs, particularly from data centers, are growing.

EIA: Construction Costs for Gas-fired Power Stay Well Below Solar, Wind

Combined-cycle generation takes a lead as U.S. electricity demand is expected to rise.

Energy Transition in Motion (Week of Oct. 18, 2024)

Here is a look at some of this week’s renewable energy news, including approval of a 2-gigawatt geothermal project in Utah.

J.P. Morgan, Capital One Commit $260MM to Arizona Solar Project

Arizona’s Box Canyon solar project secured a $260 million tax-equity financing commitment from Capital One and an affiliate of J.P. Morgan.

Energy Transition in Motion (Week of Oct. 11, 2024)

Here is a look at some of this week’s renewable energy news, including nearly $7.9 million in bids for geothermal leases in Nevada.