Energy retailer Exelon will provide equity financing for 21 MW of Bloom Energy fuel cell projects at 75 commercial facilities in California, Connecticut, New Jersey and New York. The power buyers include new and repeat customers, such as AT&T, which will use the fuel cells to power operations at nine sites. As the first step …Continue Reading
K Road DG is providing $56 million in capital funding and strategic management assistance to Green Charge Networks to accelerate deployment of its GreenStation under Green Charge’s Power Efficiency Agreement (PEA). Green Charge’s GreenStation energy storage system has been installed by 7-Eleven, Walgreens, UPS, school campuses and cities across New York and California. Now with the …Continue Reading
Direct Energy is selling its Direct Energy-branded home and small commercial services business in Ontario to EnerCare for $550 million (CAD). Direct Energy and EnerCare have jointly served more than one million customers in Ontario for more than 12 years. EnerCare owns the water heater assets, while Direct Energy provides services and manages the customer relationships. …Continue Reading
Revolution Lighting Technologies entered into a strategic distribution partnership with Ganga Hospitality, a provider of equipment and financing to hotels, hospitals, gas stations and convenience stores. The partnership will expand the distribution of Revolution Lighting’s LED lighting products into Ganga’s existing base of more than 12,000 customers. As part of the partnership, Ganga will deploy …Continue Reading
South Korea’s Doosan is acquiring the assets and operating debt of US-based ClearEdge Power for $32.4 million, reports Reuters. ClearEdge Power shut its doors in April, and Doosan is purchasing the assets from its bankruptcy auction. Earlier this month Doosan announced it was merging with South Korea-based fuel cell maker Fuel Cell Power for an …Continue Reading
NRG Energy purchased the 4 MW Spanish Town Estate Solar project on the island of St. Croix in the US Virgin Islands from Toshiba International. Once completed, the power will be sold to the US Virgin Island Water and Power Authority under a 25-year power purchase agreement (PPA). This project expands NRG’s efforts in the …Continue Reading
Schneider Electric is partnering with Green Energy Corp. to provide standardized microgrids to a variety of public and private energy clients. The partnership combines Schneider Electric’s expertise in distributed energy resources and advanced power control with Green Energy’s open source Linux tools, including GreenBus and Microgrids as a Service. The companies say they both have …Continue Reading
Yaskawa Electric will acquire Solectria Renewables, a US PV inverter manufacturer. Headquartered in Lawrence, Mass., Solectria Renewables manufactures PV inverters for residential, commercial and utility-scale power systems. Yaskawa Electric provides factory automation solutions and low power PV inverters in Japan. Solectria will bring knowledge of medium and high voltage PV products to Yaskawa.
Electrical Design Build (EDB) will resell GridPoint’s energy management systems to its customers in the mid-Atlantic region. The companies say EDB’s electrical and installation expertise combined with GridPoint’s submetering, monitoring and cloud-based analytics technology enables enterprises to gain visibility into energy usage. Energy management is an increasing area of interest for its customers, says EDB.
Honeywell and StarTex Power, a Constellation company and electricity provider, have teamed up to offer homeowners and small businesses an energy-saving bundle that combines competitive electricity supply rates with a WiFi, app-driven thermostat from Honeywell. Also, for a limited time, StarTex Power is offering a gift card to new customers – $100 for homeowners and …Continue Reading