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  1. Schneider buys Renewable Energy Choice to tap into clean energy sector

    Global energy management firm Schneider Electric has acquired Renewable Choice Energy in a deal announced Wednesday morning. Schneider will integrate Boulder, Colo-based Renewable Choice Energy into its Energy & Sustainability Services team, according to the report. RCE is a global provider of clean energy services and products to the commercial, industrial and institutional sector, with clients having added more than 1,000 MW of new wind and solar capacity to their portfolios. Schneider’s release promoted the acquisition as bolstering the French-based company’s position in the renewables market and also strengthening its advisory services for power purchase agreements (PPA) that clients use to procure clean energy. “As clean energy reaches price parity with traditional energy, companies are taking aggressive steps to integrate renewables. We are seeing tremendous demand from clients to source a mix of green energy at a competitive rate,” Steve Wilhite, senior vice president of Energy and Sustainability Services, Schneider Electric, said in a statement. “Together, Schneider and Renewable Choice are the clear industry leader for clients looking to diversify their overall energy strategy, while providing critical sustainability and risk mitigation benefits via clean energy solutions.” No financial details were released about the acquisition. RCE has worked with more than 160 Fortune 500 companies on connecting them to renewable energy technologies since 2001, according to the release. “We will continue to work with clients to buy clean energy more strategically, and with Schneider Electric’s additional capabilities, we can also help clients use that energy more efficiently, and become more sustainable anywhere around the globe,” Pete Dignan, CEO of RCE, said. Schneider Electric has customers in more than 100 countries and employs more than 160,000 people worldwide. The company generated annual revenue of close to 27 billion Euros (nearly $29 billion US) in 2015.

    Online Articles

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    Wed, 18 Jan 2017

  2. Chinese firm, Kazakhstan form JV for Romanian refining assets

    Privately held CEFC China Energy Co. Ltd., Shanghai, has agreed to acquire 51% of shares in KMG International NV—the refining, petrochemicals, retail, and trading arm of Kazakhstan’s state-owned KazMunayGas—as part of the creation of a joint venture designed to extend participation of China and ...

    Online Articles

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    Fri, 16 Dec 2016

  3. Tesla Motors plans to sell solar power roof tiles

    The glass tiles, which come in four styles, contain photovoltaic cells that Tesla says are invisible from the street 

    Online Articles

    Online Articles

    Mon, 31 Oct 2016

  4. First Reserve-based Tri-Point makes acquisitions

    Tri-Point has acquired three companies that specialize in oil and gas production and processing equipment and associated services.

    Online Articles

    Online Articles

    Mon, 5 Dec 2016

  1. Colombia due expanded gas distribution network

    Online Articles

    Online Articles

    Thu, 17 Nov 2016

  2. Solar Power: Electric-car maker Tesla plans to sell solar roof tiles too

    Further broadening its reach beyond electric cars, Tesla Motors says it's going to sell solar roof tiles that are customizable and meant to look like a traditional roof. The energy-generating tiles would be a joint product with SolarCity, although the two companies have yet to complete a proposed ...

    Online Articles

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    Mon, 31 Oct 2016

  3. Solar Power: Tesla says SolarCity could provide $1b in revenue next year

    Tesla is making its case to shareholders that a combination with solar panel maker SolarCity Corp. would be financially as well as environmentally beneficial.

    Online Articles

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    Wed, 2 Nov 2016

  4. Solar Power: Tesla, SolarCity shareholders to vote on merger next month

    Tesla Motors CEO Elon Musk faces a referendum next month, as shareholders decide whether to support his vision and combine Tesla with solar panel company SolarCity Corp.

    Online Articles

    Online Articles

    Thu, 13 Oct 2016

  5. SSE awards contract for 20-MW Mucomir hydropower plant upgrades

    Global technology group Voith has won a contract from U.K.-based energy company SSE to modernize the 20-MW Mucomir small hydropower plant in Scotland.

    Online Articles

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    Tue, 2 Aug 2016

  6. Meridian Energy lets technology contract for Davis refinery

    Meridian Energy Group Inc., Irvine, Calif., has finalized a licensing agreement with a division of Axens SA, Rueil-Malmaison, France, for implementation of processing technology at the proposed 55,000-b/sd Davis refinery to be built in the heart of southwestern North Dakota’s Bakken shale region, ...

    Online Articles

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    Wed, 24 Aug 2016

  7. Gravity Renewables adds to small hydro portfolio with pair of New York projects

    Colorado-based operator Gravity Renewables has acquired a pair of small hydropower projects in New York, adding a cumulative 10 MW of capacity to the company's growing portfolio.

    Online Articles

    Online Articles

    Thu, 1 Sep 2016

  8. Berkshire Hathaway makes offer on transmission firm Oncor

    A company owned by one of the world’s richest men could buy the largest electric transmission and distribution system in Texas 

    Online Articles

    Online Articles

    Fri, 15 Jul 2016

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