While Russia’s cumulative installed non-hydro renewable capacity is expected to increase from 0.26 GW in 2015 at a steep Compound Annual Growth Rate (CAGR) of 27.4%, it will only reach 2.87 GW by 2025, according to research and consulting firm GlobalData. The company’s report states that Russia’s production of non-hydro renewable technologies has historically been very poor, constituting a mere 0.1% of total installed capacity in 2014.- Sungevity, Inc. has expanded its residential and commercial solar services, including hardware, software and ongoing consultation, to Rhode Island. The launch in Rhode Island expands Sungevity’s footprint to 13 states domestically, in addition to the District of Columbia and the Netherlands, the UK and Germany.
- Gevo, Inc. has announced that it has priced its underwritten public offering of common stock and warrants. The company has agreed to sell 2,050,000 Series A units, with each Series A unit consisting of one share of common stock and a Series D warrant to purchase one share of common stock at a public offering price of $1.00 per Series A unit. Gevo has also agreed to sell 8,000,000 Series B units, with each Series B unit consisting of a pre-funded Series E warrant to purchase one share of common stock and a Series D warrant to purchase one share of common stock at a public offering price of $0.99 per Series B unit.
- With the commissioning of the Mont Rothery wind farm, Senvion Canada Inc. is celebrating an installed capacity of over 1000 megawatts (MW) of wind power in Quebec within just five years. Senvion has installed over 500 turbines in the province, representing nearly a third in Quebec’s total installed capacity, and roughly 10% of the total turbine installations across Canada.
