Qcells has delivered equipment for two major Arizona solar-plus-storage projects, the Atlas V and Atlas VI solar plants in La Paz County, with a total capacity of 372 MWdc. The Atlas Energy Park is expected to play a significant role in meeting Arizona's renewable energy goals. Qcells has taken a lead role in delivering these equipment deliveries.
Europe's slow electrification of heating and transport is being criticized by Fatih Birol, executive director of the International Energy Agency (IEA), four years after the Russian invasion of Ukraine. Despite significant energy supply disruptions, Europe has not accelerated its shift away from fossil fuels as it should have. The IEA's criticism highlights the continent's continued reliance on fossil fuels despite efforts to transition to cleaner energy sources.
Argo Infrastructure Partners LP acquired a commercial and industrial solar portfolio from NuGen Capital Management, LLC, consisting of eight sites in Massachusetts and New Jersey. The deal includes six operational solar assets with established revenue streams. This acquisition expands Argo's presence in the US renewable energy market.