40-MWh energy storage system to come online in SCE territory in December

Nonprofit organization Clean Coalition has facilitated the approvals process for a 40-MWh front-of-meter energy storage project for Southern California Edison (SCE). The Vallecito Energy Storage Resilience (VESR) Project in Carpinteria, California, should come online in December 2020. VESR, one of the winners of SCE’s local capacity requirements RFP, was awarded a 20-year Energy Storage Resource… […]

SunPower, Maxeon Complete Spin-Off Transaction

SunPower and Maxeon Solar Technologies have completed the strategic transaction announced last November, separating into two independent public companies.  “Now is the right time for this strategic spin-off, allowing both SunPower and Maxeon to invest in key programs to drive their future profitable growth,” says Tom Werner, chairman and CEO of SunPower.  “Solar power is […]

The Carlyle Group Acquires Maine Solar Development Portfolio

The Carlyle Group, a global investment firm, has acquired a portfolio of solar development projects in the state of Maine – through a newly-established affiliate Acadia Renewable Energy LLC – from the global solar independent power producer BNRG. The portfolio is comprised of eight solar projects across southern Maine. The projects will sell power to […]

Emerson acquires OSI to expand renewable energy asset management software offerings

Emerson announced it has agreed to acquire Open Systems International for $1.6 billion in an all-cash transaction. OSI is an operations technology software provider that broadens and complements Emerson’s robust software portfolio and ability to help customers in the global power industry, as well as other end markets, in their quest to transform and digitize… […]

Emerson Acquires Open Systems Int. Inc.

Emerson has agreed to acquire Open Systems Int. Inc. (OSI Inc.) for $1.6 billion in an all-cash transaction. OSI Inc. is an operations technology software provider that broadens and complements Emerson’s software portfolio and ability to help customers in the global power industry. Digitization is critical for the power industry to modernize and improve the […]

SunPower officially turns over its panel manufacturing to Maxeon

SunPower and Maxeon Solar Technologies today announced that they completed the strategic transaction announced last November, separating into two independent public companies. Each will now focus on their critical success factors for their respective business models. “Now is the right time for this strategic spin-off, allowing both SunPower and Maxeon to invest in key programs… […]

2020 National Solar Tour goes all-virtual

Due to COVID-19, the American Solar Energy Society (ASES) and Solar United Neighbors (SUN) have converted the 2020 edition of the National Solar Tour to be fully virtual. This largest annual grassroots solar event will take place virtually on nationalsolartour.org from September 28 – October 4, 2020. National Solar Tour week will showcase live programming… […]