German power producer RWE announced that it has signed a 15-year Power Purchase Agreement (PPA) with Google for the entire output from a new 155 MW solar project in Oklahoma. The new Crooked Creek solar project, located in McCurtain County, Oklahoma, will support Google’s operations in the Southwest Power Pool (SPP) and provide locally produced power to the regional grid….
Long-duration energy storage startup Ore Energy announced that it has raised $43 million in a Series A funding round, with proceeds aimed at scaling its iron-air battery technology for multi-day storage of wind and solar energy, to enable fully renewable power systems. Energy storage is considered a key enabler of the clean energy transition, helping address the intermittent nature of…
Brazil-based carbon project developer Mombak announced the delivery of its first reforestation-based carbon removal credits to a series of corporate buyers, including Google, McKinsey & Company, and Bain & Company. Founded in 2021, Mombak is focused on large-scale carbon removal projects, starting with native, biodiverse reforestation of the Amazon rainforest. The company’s solution targets capturing carbon through large-scale reforestation of…
Renewable energy company Sonnedix announced today that it has secured €730 million (USD$840 million) for the refinancing, optimization and construction of renewable energy assets across Southern Europe. Founded in 2009, London-based renewable energy company Sonnedix develops, builds, owns and operates utility-scale solar, wind and battery storage projects. The company designs and delivers flexible clean energy solutions, including power purchase agreements…
Home energy and battery storage company Base Power announced today that it has raised $1 billion in a Series D funding round and launched Base Core, a home battery designed to support the electric grid. The financing values the company at a $13 billion post-money valuation. According to the company, the financing comes as the U.S. undergoes a foundational shift…