Cardinal Renewables, A Strategic Partnership Between The Carlyle Group And Alchemy Renewable Energy, Secures PPA with Direct Energy Business
Developer, Holocene Clean Energy, commences construction of Twittys Creek Solar, LLC, a 14-megawatt-AC solar installation located in Charlotte County, Virginia
Cardinal Renewables, a strategic partnership between the global investment firm, The Carlyle Group, and Alchemy Renewable Energy, an industry leader in renewable energy projects and tax equity financing, has secured a power purchase agreement (PPA) with Direct Energy Business, one of North America’s largest retail providers of electricity, natural gas, and home business energy-related services, through Twittys Creek Solar, LLC, supporting construction of its a 14 MWac solar power installation located in Charlotte County, Virginia.
Providing a lasting clean energy alternative to traditional fossil fuels, Twittys Creek reduces the amount of harmful carbon emissions released into the atmosphere. The new solar installation, developed by Holocene Clean Energy, is expected to be operational in December 2020.
Related Posts
Thomas Barnes Joins Monarch Private Capital’s #BestInClass Renewable Energy Team
Apr 24, 2025
Seasoned legal and transaction management professional brings deep experience in renewable energy investments to support Monarch’s growing clean energy portfolio. ATLANTA (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch), a nationally […]
HR 1 Undermines U.S. National Security and Traditional Republican Energy Policy
May 27, 2025
By George L. Strobel II In an age defined by technological competition, particularly in artificial intelligence (AI), the United States cannot afford to neglect the foundational pillars of national power: […]
Novogradac Article: State-Level Renewable Energy Tax Credit Programs Provide Valuable Subsidy to Renewable Energy Development
Jan 20, 2026
by Mark O’Meara Renewable energy developers have access to a variety of incentives, from the Internal Revenue Code (IRC) Section 48E (technology-neutral) clean electricity investment tax credit to the IRC […]