Tag: Utility Scale

Harvesting the sun is the new cash crop

It takes a special person to farm these days. Long hours, hard work, and the uncertainties of weather and yield are nothing new to farming, but the 21st Century presents new and unique challenges—and the results are increasingly dependent on factors be…

Ørsted to buy solar and storage developer, Coronal

Yesterday during an earnings call, Danish offshore wind giant Ørsted announced that it has entered into an agreement to acquire a subsidiary of US-based Coronal Energy a developer of large-scale solar and storage projects. Ørsted’s CEO and President Henrik Poulson said that Coronal is “a nationwide solar and storage developer with a significant pipeline of solar and storage projects” and that the acquisition will expand “our capability platform and exposure to new attractive regional markets.”