ADT, a Florida-based provider of smart home and small business security services, has agreed to acquire Sunpro Solar, a residential rooftop solar contractor, for approximately $825 million. The consideration will be made partly in cash of $160 million and around 77.8 million shares of ADT. Post-acquisition, Sunpro Solar will be rebranded as ADT Solar. The […]
Sonnedix, a solar independent power producer (IPP), has agreed to sell two operating solar power plants in Puerto Rico with a combined capacity of 73.2MW to ArcLight’s Infinigen renewables platform for an undisclosed price. The deal involves the Oriana and Horizon solar power plants alongside an operating and asset management team along with other entities […]
Danish wind turbine manufacturer Vestas said that it will be installing 33 V117-4.2 MW turbines for the 139MW Akita Noshiro offshore wind farm project of Akita Offshore Wind Corporation. Akita Noshiro is set to become the first utility-scale offshore wind project in Japan. It will see an investment of JPY 100bn ($880 million). The Danish […]
Vision RNG, a full-service developer of landfill gas to sustainable renewable natural gas (RNG), has partnered with Meridian Waste Acquisitions to execute projects at some of the latter’s owned landfills in Missouri and Virginia. The projects involve the capture of landfill gasses (LFG), which will be converted into RNG for end users, as per an […]
Nordex Group has bagged a contract from Ukrainian renewable energy developer Eco-Optima Group to supply 10 N149/5.X turbines for the 54.6MW Skolivska wind farm in Ukraine. Furthermore, the German wind turbine manufacturer will be responsible for the maintenance of the turbines for a period of 15 years. The Skolivska wind farm, which is being built […]
RWE Renewables has wrapped up the construction of all the key onshore electrical system works for the 857MW Triton Knoll Offshore Wind Farm in the UK. The latest milestone follows the installation of the last turbine of the offshore wind farm in September. The construction for the onshore electrical system works of the Triton Knoll […]
Atlantic Projects Company, a fully-owned subsidiary of Argan, Inc., has been awarded an engineering and construction services contract from EPUKI London, UK, to construct a 660MW natural gas-fired power plant in Northern Ireland. Developed by EPNI Energy Limited, the gas-fired power plant will have two units of 330MW capacity each. It will be built in […]
GE-Prolec Transformers (Prolec GE) has wrapped up the previously announced $645 million acquisition of the transformer solutions business of US-based SPX Corporation. The deal was announced in June 2021. Prolec GE is a subsidiary of a 50:50 joint venture between GE and Mexican private firm Xignux. The company offers solutions for the generation, transmission, and […]
Swedish battery developer Northvolt is investing $750 million for the expansion of its existing Northvolt Labs in Västerås, Sweden into a fully integrated ecosystem to drive technological advances in the emerging battery industry in Europe. The expanded lab will feature testing facilities and the Revolt pilot recycling plant, which will directly feed recycled raw materials […]
German wind turbine manufacturer Nordex Group has secured two orders for two wind farm projects in northern Poland, with a combined capacity of 70.9MW. Nordex will be supplying 20 of its N117/3600 wind turbines as part of the contract. Additionally, Nordex will be responsible for the maintenance and servicing of the wind turbines for a […]