Block ip Trap
Redeux Energy Secures $30 Million Letter of Credit Facility to Support Solar and Battery Storage Project Development
Jun 12, 2025

Redeux Energy Secures $30 Million Letter of Credit Facility to Support Solar and Battery Storage Project Development

Redeux Energy Partners LLC ("Redeux"), a leading utility-scale solar and energy storage development company, announced the close of its new $30 million revolving letter of credit facility ("LC Facility") with Macquarie Group ("Macquarie"). The new LC Facility will allow Redeux to finance development expenses related to interconnection and power purchase agreement obligations for its utility-scale project pipeline, currently totaling 7 GW of solar generation capacity and 12 GWh of storage capacity spanning ERCOT, MISO, CAISO, SERC, and WECC energy markets. Macquarie's Commodities and Global Markets business is the sole Issuer and Administrative Agent for this new facility.

With the implementation of queue reform through FERC Order 2023, interconnection costs have increased in many markets. "Leveraging the new LC Facility, Redeux can advance high quality projects further through the development lifecycle, derisking projects for our Independent Power Producer (IPP) partners and earning more value" said Rob Masinter, CEO of Redeux Energy. "We are grateful to Macquarie for their support and look forward to expanding the LC Facility in the years to come."

"We are pleased to provide the LC Facility, supporting Redeux's business plan to meet rapidly growing demand for electricity with reliable renewable energy generation and storage," said Sherri Brudner, Managing Director in Macquarie's Commodities and Global Markets business. "Redeux has made significant accomplishments to date in several key markets, and this financing further equips Redeux with the financing needed for its utility-scale project pipeline."

"The Board is thrilled that Redeux has secured this relationship with Macquarie" said William Harrison, CEO of Cathexis Holdings. "The LC Facility will strengthen Redeux's execution and sales capabilities, accelerating growth and value creation."

To date, Redeux has sold nearly 700 MW of utility-scale solar and hybrid project capacity to leading IPPs. Targeting closings in 2H 2025, Redeux is actively marketing a mid-stage project portfolio totaling 1.5 GW of solar capacity and 3.4 GWh of storage capacity in MISO, ERCOT and SERC markets.

Artola Capital Partners LLC ("ACP") acted as financial advisor and Holland & Hart LLP as legal counsel to Redeux in connection with the LC Facility transaction. Willkie Farr & Gallagher LLP acted as legal counsel to Macquarie.

Redeux | www.redeuxenergy.com

Ameresco Celebrates the Completion Solar Canopy Project with the City of Pendleton, Oregon
Jun 12, 2025

Ameresco Celebrates the Completion Solar Canopy Project with the City of Pendleton, Oregon

Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition and the City of Pendleton in Oregon hosted a ribbon-cutting ceremony to celebrate the completion of a 240-kilowatt (kW) solar photovoltaic (PV) canopy system at the Pendleton Wastewater Treatment and Resource Recovery Facility (WWTRRF).

solar canopy people underneath

This innovative solar canopy--the first of its kind in the region--represents a major milestone in the City’s ongoing efforts to enhance energy resilience, efficiency and innovation, supported by Ameresco. The solar canopy is expected to annually generate 325,000 kilowatt-hours (kWh) of electricity, which will offset approximately 30% of the WWTRRF’s total energy consumption.

“This project marks a major step forward in our commitment to developing efficient and resilient solutions for our city,” said Kyle Willman, Superintendent, at Wastewater Treatment Resource Recovery Facility. “The solar canopy not only helps reduce our energy costs and environmental footprint, but it also enhances the performance of our wastewater treatment facility in ways that benefit the entire community. We’re grateful for our partnership with Ameresco and for the state and local support that made this forward-thinking investment possible.”

In addition to providing on-site energy production and cost savings, the canopy shades the WWTRRF’s chlorine contact chamber, helping to improve water quality, reduce effluent temperature and support a healthier aquatic ecosystem. The project is part of a multiphase infrastructure improvement initiative and was delivered through an Energy Savings Performance Contract (ESPC) with Ameresco, who provided price and performance guarantees and helped ensure participation from disadvantaged and local businesses.

The Pendleton WWTRRF project was funded through a combination of state grants (including ODOE’s C-REP grant), utility incentives and city resources. As part of the City’s ongoing efforts to increase the resilience and reliability of the WWTRRF, plans are underway for a future battery energy storage system (BESS) to complement the solar canopy and further decrease the operational costs of the facility.

“We are proud to partner with the City of Pendleton in its mission to build a resilient future,” said Lou Maltezos, President of Central & Western USA, Canada Regions at Ameresco. “This solar canopy project is a great example of how innovative energy solutions can deliver meaningful economic benefits and support essential city infrastructure. We’re not only improving operational efficiency but also contributing to the health of the local ecosystem and empowering the community with long-term energy savings.”

Ameresco | www.ameresco.com

The City of Pendleton | www.pendletonor.gov

JDR Cable Systems Completes Type Test Qualification of Next Generation 132kV Subsea Cables for Offshore Energy Applications
Jun 12, 2025

JDR Cable Systems Completes Type Test Qualification of Next Generation 132kV Subsea Cables for Offshore Energy Applications

JDR Cable Systems (JDR), the global subsea cable and umbilical supplier, part of the TFKable Group, has successfully completed two new type test qualifications at 132kV for static and dynamic array cables, supporting the next generation of fixed and floating offshore wind projects. This successful testing marks a critical step in delivering UK-manufactured high-voltage cables, ready to support larger turbines and deliver power over longer distances, enabling more efficient and cost-effective offshore wind energy.

JDR’s static cable development and testing was supported by a Development Grant from the Offshore Wind Growth Partnership, and produced in collaboration with a leading materials supplier, with extensive testing performed at Offshore Renewable Energy Catapult. JDR will manufacture the innovative 132kV cables at their upgraded Hartlepool facility as well as in their new high-voltage cable manufacturing facility in Cambois, near Blyth, Northumberland.

To facilitate the installation of next generation offshore wind turbines at 20MW and above, as well as accommodating increasing distances from shore and greater water depths, the industry requires significantly higher voltage cables. By doubling the voltage of the industry-standard 66kV array cable, JDR’s technology will allow increased transmission between turbines at higher-capacity – a vital factor in continuing to reduce the cost of offshore wind and assist in reducing the impact of clean energy prices for consumers.

The successful type test qualification of the fixed foundation 132kV static cable technology is further supported by the successful completion of JDR’s second high-voltage cable development, under the Department of Energy Security and Net-Zero’s Floating Offshore Wind Demonstration Programme. The AHEAD (Advanced High-Voltage Export and Array Dynamic) cable project, supported by £1.6 million in grant funding, has demonstrated the viability of 132kV dynamic cables for floating wind applications. A full testing programme has been successfully completed, including over 1.5 million tension-bending cycles, thereby validating the reliability of the advanced cable design when subjected to the dynamic motion it will endure in offshore floating applications.

Joe Cole, Technology Manager – Power Cables at JDR, comments: “We pride ourselves on providing solutions to the energy sector ahead of time and with our 132kV technology, we will do exactly that. Dynamic cables for floating wind and advanced 132kV cable technologies are critical for the progressive deployment of both fixed and floating offshore wind, enabling developers to not only deploy larger turbines but also to site floating offshore wind in deeper waters, further offshore. It’s an exciting time for the industry and we are right at the forefront by developing,validating and delivering new solutions for the benefit of the offshore energy industry and electricity consumers.”

As part of its broader strategy to drive innovation in high-voltage subsea technology, JDR is contributing its technical findings to the international standards body CIGRE, helping to inform the evolution of safety standards for higher voltage applications. In addition, the company is actively involved in the Carbon Trust’s Offshore Wind Accelerator High Voltage Array Systems project, which supports the development and qualification of 132kV cable technology within the UK. These efforts align closely with the UK Government’s commitment to advancing floating offshore wind, as reflected in the £31.6 million in grant funding awarded by the Department for Energy Security and Net Zero through the Net Zero Innovation Portfolio, aimed at accelerating the demonstration of innovative technologies in this sector.

JDR Cable Systems | https://www.jdrcables.com/

 

 

Weidmuller USA Announces Grand Opening  of New Engineering & Production Facility at Richmond HQ
Jun 11, 2025

Weidmuller USA Announces Grand Opening of New Engineering & Production Facility at Richmond HQ

Weidmuller USA, a leading provider of smart industrial connectivity and automation products and solutions headquartered in Richmond, Va., hosted a Grand Opening of the company’s new 24,000-square-foot engineering and production facility on Wednesday, June 11, 2025. The event also served as a significant highlight of the year-long celebration of Weidmuller’s milestone 50th anniversary in Richmond.

building

Headlining the event were several company, state and local leaders: Dr. Sebastian Durst, CEO of Weidmüller Global; Dr. Christian von Toll, Chief Sales Officer of Weidmüller Global; Randy Sadler, President & CEO of Weidmuller USA; Juan Pablo Segura, Commonwealth of Virginia Secretary of Commerce & Trade; and Jessica Schneider, Chesterfield County Board of Supervisors.

After the welcome ceremony, a tour of the new facility highlighted how distribution, assembly and manufacturing will focus on advances Weidmuller has made in complex assembly solutions such as the photovoltaic (PV) combiner boxes with real-time string monitoring for the solar industry and ready-to-install stainless steel enclosures that are ideally suited for challenging or hazardous environments, along with other future-forward wireless solutions shaping the way to digitalization.

“The Richmond headquarters expansion marks the start of an exciting and long-planned transition to handling more complex assembly and eventual local production of electro-industry technologies and solutions right here in Richmond, Virginia,” said Randy Sadler, President & CEO of Weidmuller USA. “To-date, we’ve invested $10 million to set up the engineering and production facility, but continued investment in more machinery, training and production will fulfill our commitment to engineer and manufacture products closer to U.S. customers. Our talented team in Richmond is fully committed to growing our customer base and increasing our U.S. footprint.”

Dr. Sebastian Durst, CEO of Weidmüller Global, added: “Innovative electrical connectivity and software-driven automation continue to transform industrial production, including clean energy industries. Weidmuller USA is well-positioned to be a leading supplier of IIoT solutions for a wide array of industries throughout the U.S. and North America. We would like to thank the company’s Supervisory Board, the Weidmuller Executive Board and the Joachim Herz Foundation, along with state, county and economic development officials, customers and distributors for making the time to celebrate with us!” Founded in 1850 in Germany, Weidmüller Group is celebrating its 175th Anniversary globally.

“Virginia is laser-focused on providing transformative investments to support businesses with their goals to accelerate growth,” said Juan Pablo Segura, Secretary of Commerce and Trade for the Commonwealth of Virginia. "We are proud that this global leader in smart industrial connectivity and automation has expanded its operations right here in Chesterfield County. For 50 years, Weidmuller has been a valued partner in advancing our mission to make Virginia the best state for business in the U.S. and a hub for groundbreaking technological innovations - many of which will be developed in this new engineering and production facility."  

“On behalf of the Chesterfield County Board of Supervisors, we congratulate Weidmuller USA on the completion and opening of this advanced manufacturing expansion at their headquarters office in Chesterfield County, where they have been located for a half century,” said Jim Ingle, Chair of the county’s Board of Supervisors. “This next-generation engineering and production facility enables the company to create meaningful jobs and represents an exciting new chapter of growth for Weidmuller USA and the Chesterfield community at large.”

The new facility was designed to reduce the company’s carbon footprint through features including solar panels, high efficiency HVAC and recycled materials. A native habitat garden accentuates the natural landscape beside the building and creates a relaxing and sustainable space for employees to enjoy at lunch or on breaks.

“For 50 years and counting, Richmond has proven to be an ideal location for our continued growth, thanks to support from the state government and economic development organizations, Chesterfield County and the entire community,” said Sadler. “As we celebrate the opening of our new production facility and all the milestones for Weidmuller USA and the Weidmüller Group in 2025, we look forward to building on our shared legacy of innovating and delivering end-to-end solutions in smart industrial connectivity and automation.”

Weidmuller USA | www.weidmuller.com

NEMA Welcomes Seven New Members, Strengthening Manufacturing Leadership in the Electrified Economy
Jun 11, 2025

NEMA Welcomes Seven New Members, Strengthening Manufacturing Leadership in the Electrified Economy

The National Electrical Manufacturers Association (NEMA) announced the addition of five manufacturing member companies and two associate member companies — reflecting continued momentum in the organization’s efforts enhance our nation’s critical infrastructure to support a secure, reliable future grid. 

NEMA’s ongoing growth reflects the essential role its more than 300 members play in powering a modern, secure, and increasingly electrified economy. These new members span a range of technologies and services that are vital to strengthening the U.S. electrical manufacturing sector.  

NEMA’s new manufacturing member companies are:

  • 3M: Delivering cutting-edge solutions in the fields of industry, worker safety, and consumer goods.
  • ChargePoint, Inc.: Driving the transition to electric mobility as a leading provider of electric vehicle (EV) charging solutions.
  • CSE W-Industries: Providing integrated technology and engineered solutions for the global energy industry.
  • Hyper Solutions, Inc.: Powering the future of digital infrastructure, transforming how critical systems are engineered, manufactured, and delivered at scale.
  • Larsen Manufacturing LLC: Specializing in precision sheet metal stamping, metal fabrication, powder coating, and assembly services through its four facilities, Larsen is a vertically integrated contract manufacturer supporting OEMs and innovators in the mobility, energy, and electrical infrastructure sectors with scalable, high-quality, and standards-compliant solutions.

NEMA’s new associate member companies are:

  • Deloitte: Providing audit and assurance, tax, consulting, and risk and financial advisory services to the largest corporations and governmental agencies.
  • DMARK Energy Solutions: Connecting buyers, sellers, and service providers for off-grid energy projects.

“NEMA’s newest members bring fresh energy and expertise to the table during a critical time for the industry,” said Debra Phillips, President and CEO, NEMA. “At a time of increasing energy demand, we are shaping the electric future by modernizing infrastructure, advancing innovation, and building the technologies and solutions that will meet the moment.”

“The current growth in EV sales continues to underscore the need for ubiquitous, reliable charging infrastructure,” said Rick Wilmer, CEO, ChargePoint. “Together with NEMA, ChargePoint is accelerating the development of innovative EV charging hardware and software solutions.”

“Hyper was built to challenge the status quo and redefine how critical infrastructure is engineered, manufactured, and delivered in the digital age. We are proof that American manufacturing can rise to meet the demands of a software-defined, AI-driven future,” said Vladimir Gulkarov, CEO, Hyper Solutions, Inc. “This is the start of a new chapter, not just for Hyper, but for the future of American industry itself. As a disruptor reshaping how infrastructure gets built, we’re proud to join NEMA, not to follow, but to help set the pace. Together with the legacy leaders of our sector, we’re committed to shaping the standards and partnerships that will define the next generation of critical infrastructure.” 

“We’re proud to join NEMA as a U.S.-based manufacturer dedicated to advancing the future of electrification. At Larsen Manufacturing, we understand the vital role of domestic production in strengthening the nation’s energy and transportation infrastructure,” said Dave Larsen, President, Larsen Manufacturing. “As we expand our capabilities in the mobility and grid sectors, NEMA’s policy leadership, technical standards, and collaborative network will be invaluable in helping us deliver high-quality, American-made solutions for a more connected and resilient future.”

"One of our partners suggested we consider joining NEMA and initially we assumed that was only for the large OEMs. However, we quickly learned about the extensive network of companies who participate, large and small. We are a mid-size manufacturer and engineering company, so for us to gain trusted access for market intel and supply chain insights will be a big maturation step," said Todd Simmering, Senior Vice President, W-Industries Electrification Division. "We look forward to collaborating with our electrification peers and NEMA to accelerate the U.S. power and electrical industry. We all need to innovate fast to meet demand, and industry collectives like this are a perfect catalyst."

National Electrical Manufacturers Association | www.makeitelectric.org

Powering Up Delaware: Nautilus Solar Energy and TurningPoint Energy Launch One of the First Solar Farms in Major Renewable Energy Portfolio
Jun 11, 2025

Powering Up Delaware: Nautilus Solar Energy and TurningPoint Energy Launch One of the First Solar Farms in Major Renewable Energy Portfolio

Nautilus Solar Energy, LLC (“Nautilus”) and TurningPoint Energy (“TPE”) celebrated their collaboration on a new 4.7-megawatt direct current (MWdc) solar farm in Georgetown, Delaware on June 10, 2025, with a ribbon cutting event at the project site. The array is made up of nearly 9,000 solar modules and is part of a six-project, 30MWdc portfolio that has been developed by TPE and being built and operated by Nautilus. Distinguished guests, as well as executives from Nautilus and TPE, joined community members to mark the completion of the project.

solar green field

Construction was completed in early 2025 and is expected to begin delivering clean, renewable energy to customers within the Delmarva Power service territory in the next few months. This project is part of Delaware’s Community Energy Facility Program that officially launched in April 2022 and signed into law via Senate Bill 2 (SB 2). This bill increased project size limits to 4 MWac and requires at least 15% of each project’s capacity to serve low-income customers.

“The opening of this community solar farm represents Nautilus’s entrance in Delaware and our continued expansion of community solar across the United States,” said Eric LaMora, Vice President of Community Solar at Nautilus. “TPE is a valued partner with Nautilus in our mission to make clean, affordable energy available to everyone, including low-income households and small businesses.”

“Today, we celebrate a milestone in our clean energy journey in Delaware — with the inaugural project that is part of Delaware’s Community Energy Facility Program. This will be the first project to reach commercial operation as part of our $100M commitment to invest in the First State,” said Salar Naini, President of TPE.

This solar project will provide electric bill savings to residents, and other organizations that subscribe as part of the Community Energy Facility Program. Over its lifetime, this project is expected to generate approximately eight million kilowatt-hours annually, contributing to Delaware’s goal of sourcing 40% of its electricity from renewable energy by 2035.

"The use of solar and other renewable forms of energy is essential to protecting our life-sustaining natural world and its resources," said Sen. Stephanie Hansen. "We know that rising energy costs have been a major financial burden for countless Delaware families. Investing in additional, diverse, clean energy sources are not only a win for the environment, but a win in our ongoing effort to lower costs for our constituents and provide energy reliability."

One of the local groups benefiting from the solar project is Springboard Delaware, a non-profit founded in 2020 to create innovative, affordable housing solutions that address the root causes of homelessness and promote long-term stability, health equity and upward mobility. Judson Malone, Co-Founder and Executive Director, said, “At Springboard Delaware, we believe housing stability and environmental sustainability go hand-in-hand. Being a beneficiary of this community solar project means we can lower our energy costs while advancing our mission to create safe, dignified housing for our most vulnerable neighbors. We’re proud to be part of a project that reflects both economic and environmental justice.”

TPE and its partners are committed to making meaningful charitable community investments in every community where their solar projects are developed, including contributions to organizations like Springboard Delaware. These investments are designed to create lasting social value by supporting local nonprofits, educational initiatives and essential services. As part of this commitment, TPE has already contributed $100,000 toward its pledged $120,000 in community donations for this portfolio. With Nautilus matching the pledge, the total planned community investment will reach $240,000 upon completion of the portfolio’s construction.

Nautilus Solar Energy | nautilussolar.com

TurningPoint Energy | turningpoint-energy.com

Camino Solar de Avangrid Alcanza Operación Comercial en California
Jun 11, 2025

Camino Solar de Avangrid Alcanza Operación Comercial en California

Avangrid, Inc., a leading energy company and member of the Iberdrola Group, announced that it has achieved commercial operations at its Camino Solar project in Kern County, California. The 57 MWdc (44 MWac) project, Avangrid’s seventh energy facility in California, is currently providing power to approximately 14,000 homes. Camino represents new domestic energy capacity and is helping to meeting surging electricity demand. According to a recent U.S. National Power Demand Study by S&P Global, energy demand in the U.S. could rise by as much as 50% by 2040, driven largely by new data centers.

kern county CA solar with wind in background

“The successful completion of Camino Solar marks another important milestone in Avangrid’s commitment to creating long-term value for communities through job creation and economic growth, and by delivering energy solutions that meet America’s growing energy needs,” said Avangrid CEO Pedro Azagra. “New energy generation projects like Camino are helping to meet rising energy needs, improve the reliability of regional electric grids, and deliver sustained economic growth.

The construction of the project, which consists of 105,000 solar panels, supported approximately 100 construction jobs, nearly all filled with local union workers.

"LiUNA! Local 220 worked closely with Avangrid and its contractors on this project and we are happy to see that it is complete," said Hertz Ramirez, Business Manager for Local 220. "This effort brought meaningful, union careers to local Apprentices and Journeymen right here in Kern County, offering not just great wages, but strong benefits like healthcare, vacation pay, pension and an annuity."

“The completion of Avangrid’s Camino Solar project marks a proud moment for our union,” said Brian Holt, Business Manager and Financial Secretary of IBEW Local 428. “Our members brought skill, commitment, and craftsmanship to every stage of the project. This facility isn’t just generating reliable energy—it’s generating good jobs, strong benefits, and meaningful career paths for people in our community. Projects like this help power a more sustainable future, both environmentally and economically.”

Camino is expected to generate about $15 million in state and local tax revenue during its lifetime, helping to fund a variety of public services, especially education. It will also pay about $150,000 in annual lease payments to project landowners. Camino was built partially on public lands managed by the U.S. Bureau of Land Management.

Avangrid now has seven energy projects in California ranging from San Diego County to the Bay Area and a combined capacity of about 600 MW. This is enough generating capacity to power about 150,000 U.S homes annually. The company employs 44 people in the state. Avangrid’s California facilities contributed over $7.5 million in state and local taxes last year which support a variety of public services. Additionally, the company’s projects paid nearly $6 million in lease payments to participating landowners in California last year, representing supplementary income for the community.

Avangrid | http://www.avangrid.com

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