This funding would bolster clean energy initiatives across ten of the conglomerate’s facilities within the U.S., targeting a broad spectrum of food production operations. The infusion of funds is earmarked for
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Meteomatics Partners with NVIDIA to Transform Real-Time Weather Forecasting
In a move set to redefine the landscape of weather forecasting, Meteomatics, an innovator in weather intelligence and technology, has joined forces with tech giant NVIDIA. This strategic alliance promises to transform the way in which businesses across the globe receive weather forecasts, offering unprecedented accuracy up to 90 meters.
Solar’s Dominance Marks an 80-Year Electricity Capacity Milestone
In 2023, the United States achieved a historic milestone in renewable energy, leading the charge with a record-breaking 32.4 gigawatts (GW) of new solar installations.
Engie Completes $1 Billion Tax Equity Financing for Renewable Energy Projects
The new financing, reportedly one of the largest tax equity arrangements for the company so far, was achieved through separate agreements with J.P. Morgan, Goldman Sachs, and BNP Paribas.
Schneider Electric Leverages Tax Credit Agreement with Engie for Renewable Energy
The deal is among the first to leverage the TCTA provisions in the Inflation Reduction Act, which included numerous incentives for renewable energy.
Microsoft Data Centers in Texas to be Powered by Renewable Energy
The deal enables Microsoft to match Electric Reliability Council of Texas (ERCOT) data center load with clean power provided by ENGIE.
Engie Acquires Broad Reach Power for $1 Billion
The purchase includes 350 MW of currently operating assets, 880 MW of assets under construction, and a 1.7 GW pipeline of battery storage projects, which will contribute to Engie’s goal of reaching 10 GW of battery capacity by 2030.
ENGIE Impact Platform Supports Commercial EV Charging Infrastructure
Mobility Support intends to provide useful solutions to the current infrastructure shortage while giving businesses an added way to keep customers onsite.
UAE’s Masdar Puts Money Where Mouth Is – Into Clean Energy
Masdar’s Renewable Energy portfolio holds investments from at least 40 nations. It just signed a deal to develop 2 gigawatts of solar and wind projects and 500 megawatts of battery energy storage in Central Asia.
Plug Power Aims to Shift Finland’s Energy Landscape with Green Hydrogen Projects
These strategic locations serve a unique purpose and the developments will play a role in reducing dependence on fossil fuels in the country and Europe.