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Recurrent Energy, a Canadian Solar subsidiary, has closed on a $500 million investment by BlackRock through a fund managed by its Climate Infrastructure business.

The transaction, announced in January, has been completed following the receipt of the second and final payment. The first payment took place in June. As agreed between the parties, BlackRock’s total investment has reached $500 million, representing 20% of the outstanding fully diluted shares of Recurrent Energy on an as-converted basis. Canadian Solar will continue to own the remaining majority shares of Recurrent Energy.

“We value our partnership with BlackRock and appreciate their commitment,” says Ismael Guerrero, CEO of Recurrent Energy.

“This strategic partnership positions Recurrent Energy at the forefront of the renewable energy industry, providing the financial strength necessary to continue developing key solar and energy storage projects globally, while also supporting our mission to deliver clean, reliable and affordable power to the world, today and tomorrow.” 

The post Recurrent Energy Closes on $500M BlackRock Investment appeared first on Solar Industry.

Recurrent Energy Closes on $500M BlackRock Investment

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Renewable Energy

Indoctrinating Children into Religion

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All I can say about the me here is that personally I refused, against considerable pressure from my family, to indoctrinate my children into something I myself could not accept.

Is it actually “psychological abuse” to indoctrinate children into monotheistic religion?  Whether to take it that far is an open question.

My parents, both atheists, sent my brother and me to Sunday School, as they thought it wrong to cut us off from a modality of growing up in America in the early 1960s.  I don’t blame them, but again, it’s not something I was willing to replicate with my own children.

Indoctrinating Children into Religion

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Renewable Energy

Republicans’ Last-Ditch Effort to Lie to Voters

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In less than a month, we’re going to learn how many idiots are buying this socialism crap.

Sure, there are people who don’t know anything about the way people live in northern England, New Zealand, Costa Rica, etc.  Most of these people couldn’t find these countries on this globe.

But how many can there possibly be?

Clearly, Republicans are desperate, but isn’t asking voters to believe that the Swedes have to rely on the government for their job, salary, and food a bit over-the-top?

Republicans’ Last-Ditch Effort to Lie to Voters

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Renewable Energy

America in Collapse

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I got the meme here from a neighbor, but I wonder who actually wrote it.  There is a ton of propaganda on social media suggesting that we need to normalize the sociopathic criminality of the U.S. president.

It’s true that not every election is an apocalypse, but 2024 was disastrous for the U.S. democracy.

Yes, the country did not end.  But it took a giant leap towards authoritarianism.

Even that’s not the end of the world.  Democracies fail with great frequency on this planet.  I just never thought I’d be living in the biggest socio-political collapse in the last 2000 years.

In an average week, I meet quite a few travelers here from lands all around this planet.  Their most common thoughts on what’s happening here: “We simply feel sorry for you.”

America in Collapse

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