ReNew, Sunnova, Stem, IGS Solar, Sparkle Clean Tech, among others, announced their latest renewable energy projects.
ReNew Achieves Top Sustainability Ranking
ReNew Energy Global has received the highest score for a renewable energy company in India in the S&P Global Corporate Sustainability Assessment (CSA), scoring 71 out of 100. This achievement places ReNew in the top 10 percent of global energy companies. ReNew has also signed agreements for 1.1 GW of renewable energy, growing its portfolio to 17.4 GW.
Sunnova Installs 100,000 New Home Solar Systems with Over 1 Million Panels
Sunnova Energy International announced that its New Homes division has surpassed 100,000 installations, providing over one million solar panels on new residential rooftops across the U.S. By partnering with over 85 homebuilders, Sunnova integrates solar, storage, and EV charging solutions into new homes, giving homeowners energy independence from the start. This approach not only reduces energy costs but also lowers the carbon footprint of new homes.
Stem to Support 484 MW Hungarian Solar Portfolio with AI-Enabled Software
Stem is expanding its impact in the European solar market with a 484 MW solar portfolio in Hungary. Stem’s PowerTrack Web software will optimize and monitor the performance of this large portfolio, enhancing efficiency and supporting seamless operations. The software is crucial in ensuring high performance and cost savings across utility-scale sites. Stem’s AI-driven technology continues to strengthen its presence in Eastern Europe.
HASI and IGS Solar Partner to Finance Residential Solar and Storage Systems
HA Sustainable Infrastructure Capital (HASI) has partnered with IGS Solar to finance residential solar and energy storage systems. This partnership will deploy a 71 MW portfolio of rooftop solar systems across 11 states, focusing on New York, New Jersey, Pennsylvania, and Florida. The systems, primarily contracted via 25-year leases, will help homeowners save on electricity bills and support the growth of residential solar energy.
Moment Energy Gets $15 mn to Build First Second-Life Battery Factory in the U.S.
Moment Energy has secured 15 million dollars in Series A funding to build the gigafactory in the U.S. for repurposing EV batteries. The facility will address the growing need for energy storage in sectors like commercial and industrial storage, EV charging, and renewable energy. By using second-life batteries, Moment Energy aims to lower costs and improve energy security, offering solutions up to 30 percent cheaper than traditional systems.
Sparkle Clean Tech Licenses Water Treatment Technologies from Siemens Energy
Sparkle Clean Tech has licensed water treatment technologies from Siemens Energy to address water management needs in oil and gas operations. The new technologies will help treat wastewater and improve the efficiency of operations while meeting environmental standards.