Today’s renewable energy news includes announcements from Swift Current Energy, Hexagon Agility, and others.
Swift Current Energy Secures Financing and Tax Equity for 122 MW Maine Energy Project
Swift Current Energy has secured project financing and tax equity investment for a 122 MW renewable energy facility in Maine, advancing construction and long-term operations of the project. The funding package includes capital from lenders and tax equity partners, reflecting strong investor confidence in the asset’s revenue stability and performance outlook. The 122 MW facility will contribute clean electricity to the regional grid, supporting Maine’s renewable energy targets and decarbonization goals. The financing structure enables efficient capital deployment while optimizing returns and reducing project risk. The deal underscores continued momentum in US renewable energy investment, particularly in structured finance and tax equity markets, as developers scale utility-scale projects to meet rising demand for reliable, carbon-free power.
Hexagon Agility Delivers 6,000th Carbon Fiber Cylinder to Processkontroll Green Technology
Hexagon Agility has delivered its 6,000th carbon fiber cylinder to Processkontroll Green Technology, marking a significant milestone in the Nordic clean energy market. The advanced composite cylinders are used for high-pressure gas storage, supporting renewable energy and low-carbon fuel applications. The delivery highlights growing demand for lightweight, durable carbon fiber storage solutions in biogas, hydrogen, and other alternative fuel systems. Hexagon Agility’s technology enhances safety, efficiency, and transport performance, enabling broader adoption of clean energy infrastructure. The milestone underscores continued collaboration between the two companies and reflects accelerating investment in sustainable energy solutions across the Nordic region, reinforcing momentum toward decarbonization and energy transition goals.
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