pine gate renewables

Global solar corporate financing has decreased 24% in 2024, compared to the previous year, with US$26.3 billion, according to market research firm Mercom Capital Group.

Sunstone is set to begin its engineering and procurement phase in early 2025 and start phased construction in 2026.

Pine Gate Renewables and Enfinity Global have secured financing, and ENGIE has signed a power purchase agreement (PPA) with Google.

Total global corporate funding for solar on the other hand is down year-on-year, according to Mercom Capital Group.

US solar project company Pine Gate Renewables has signed an environmental asset purchase agreement (EAPA) with the social media giant Meta for a 204MW solar PV project in Temple, Texas.

Solar energy company Sol Systems has announced a renewables procurement and investment strategy with Google to develop new PV projects in the US.

US solar developer Pine Gate Renewables has signed power purchase agreements (PPAs) for 1GW of utility-scale solar PV in late-stage development in the US

Investment firm General Capital has invested US$500 million in developer Pine Gate, which will support its utility-scale solar expansion.

The decision of US President Joe Biden to waive tariffs on solar imports from Southeast Asia for two years and authorise the US Department of Energy (DOE) to use the Defense Production Act (DPA) to accelerate the production of clean energy technologies, including PV modules and module components, has been broadly welcomed by the US solar sector and industry analysts.

Several hundred megawatts of additional solar projects are set for completion in North and South Carolina in the next two years thanks to the resolution of a range of interconnection disputes.