Public Service Electric and Gas Company (PSE&G) has announced that its L&D Solar Farm is interconnected to the grid and supplying solar power to PSE&G electric customers. The 12.93 megawatt-dc solar farm is PSE&G’s largest to date and one of the largest landfill solar farms in the U.S.. It is comprised of 41,720 solar panels that cover 53 acres of landfill space.
Ormat Technologies, Inc. has announced that it reached commercial operation of Plant 4 in the Olkaria III complex in Kenya, increasing the complex total generating capacity by 29 MW to 139 MW. Plant 4 will sell its electricity to Kenya Power and Lighting Company Limited (KPLC) under a 20-year PPA. In October 2015, Ormat signed an amendment to the Power Purchase Agreement with KPLC that enables the increase of the capacity of Plant 4 expansions to an aggregate of 100 MW, in phases.
WGL Energy Systems, a WGL company has announced that it was recently awarded the Capital Solar Challenge contract by the U.S. General Services Administration (GSA) to provide power to 18 federal building locations throughout the District of Columbia, including the U.S. General Services Administration Building (headquarters) and the Ronald Reagan Building.
ACCIONA Energy announced that it has closed tax equity financing for the San Roman Wind Farm with Bank of America Merrill Lynch. ACCIONA recently acquired the San Roman Wind Farm as part of the company’s renewed focus on building renewable energy projects in the U.S. San Roman is a 93 megawatt (MW) wind power project located in Cameron County, near the southeast coast of Texas.
EnerNOC, Inc., a leading provider of energy intelligence software, has announced that it is accepting nominations for its EnergySMART Energy Innovator award. The Energy Innovator award recognizes individuals who have used insights from energy intelligence software to solve one of their organization’s biggest business challenges. Winners will be announced at the global EnergySMART 2016 conference in Washington, DC, April 4-6 at the Gaylord National Resort and Convention Center.
Cerberus Capital Management, L.P. has announced that Jose Luis Marín has joined the firm as Chairman of the firm’s renewable energy investments business. Cerberus also announced that it has completed the acquisition of Spanish renewable energy company Renovalia Energy S.A. from affiliates of the Ortega Family and IDM Ortemar.
Global Marine Systems Limited has announced the acquisition of a majority interest in CWind Limited, a leading offshore renewables specialist. The purchase of CWind demonstrates Global Marine’s continued commitment to the offshore renewable sector and adds a diverse range of construction and O&M services to its current capabilities.
Green Mountain Energy Company has announced that it will partner with the Texas Parks and Wildlife Department to deliver innovative and cost-effective solar and smart meter solutions to the Department. Green Mountain will provide 100 percent renewable energy to all of the Texas Parks and Wildlife facilities in deregulated service areas, doing its part to help support the Department’s mission to manage and conserve the state’s natural and cultural resources.
The Renewable Fuels Association has announced the addition of Fox River Valley Ethanol LLC as its newest member. The ethanol plant has been operating in Oshkosh, Wis., since 2003. It is a wholly owned subsidiary of Ace Ethanol LLC that employs 45. The plant produces 65 million gallons of ethanol annually as well as co-products such as carbon dioxide, dried distillers grains, and 182,500 wet distillers grains per year.
The Geothermal Resources Council (GRC), Geothermal Energy Association (GEA), and Geo-Exchange Organization (GEO) have announced the release of guidance for states on meeting new clean energy standards from the EPA. The free state-by-state guides walk through the benefits and uses of three major types of geothermal applications: power generation, direct use and heat pumps, and initially cover Oregon, Montana, Nevada, Idaho, and Colorado.
Lockheed Martin has entered into a 17-year power purchase agreement for solar-generated electricity produced by Duke Energy Renewables. The renewable power purchase, which is expected to produce 30 megawatts (approximately 72,000 megawatt hours per year) of solar energy for the U.S. national grid, will provide clean energy across all Lockheed Martin domestic business segments.
Gridco Systems, a leader in agile grid infrastructure solutions, has announced that Hawaiian Electric Company has deployed the Gridco Systems In-Line Power Regulator (IPR) to enable integration of increasing levels of rooftop PV systems. The Gridco IPRs help maintain reliable power delivery within required voltage limits, supporting Hawaiian Electric’s goal to triple distributed generation on its system by 2030.
Posty Cards is among the first companies in the area to help fill the infrastructure gap for plug-in electric vehicles (EV) by joining the Workplace Charging Challenge, a U.S. Department of Energy (DOE) initiative. The company installed the first privately owned EV charging station in Kansas City in 2010. The EV station is available to Posty Cards’ employees and to the public. The Posty Cards headquarters is located two blocks south of I-70 near downtown Kansas City, making it a convenient location for commuters and long-distance travelers to stop and charge an EV.
According to a Offshore Wind Market Update from Navigant Research, 2015 represented a record year for the offshore wind energy market, with more than 3.7 GW that came online, up from just under one GW installed in 2014.
Investment firm Vision Ridge Partners has announced that it has closed an investment fund that seeks to deliver competitive returns while meeting the growing demand for sustainable businesses and clean energy. At $430 million, the fund is one of the largest in this space to date and one of the few private investment portfolios focused on later stage clean energy companies and other sustainable assets.
CoPower, an online platform for clean energy investing, has opened its first green bond to investors across Canada. Accessible through CoPower’s secure online platform, and eligible for holding in a self-directed RRSP, TFSA or other registered account, this green bond makes it easy for Canadians to invest in clean energy infrastructure in their communities. The bond is backed by loans to rooftop solar projects in Windsor, Ontario and Chesley, Ontario, and an energy efficiency project at the Harbourfront Centre inToronto.
Tri Global Energy, the Dallas-based renewable energy company, continues as the leading developer of wind energy projects under construction in Texas, according to the U.S. Wind Industry Fourth Quarter 2015 Market Report from the American Wind Energy Association (AWEA), the nation’s trade association of the U.S. wind energy industry.
Energy Vision, a national non-profit which researches and promotes technologies and strategies for a sustainable, low-carbon energy and transportation future, has a new leader. As of January 2016, Matthew P. Tomich is the organization’s president. Tomich succeeds Joanna D. Underwood, who founded Energy Vision in 2006 and led it through its first decade. She continues to play a full-time leadership role as chair of Energy Vision’s board.
The ninth annual George Washington Carver Award will recognize an individual who has made a significant contribution to building the biobased economy by applying industrial biotechnology to create sustainable and environmentally friendlier products. The Biotechnology Innovation Organization (BIO) has begun accepting nominations for the Award. The deadline for nominations is February 20, 2016. The award will be presented at the 2016 World Congress on Industrial Biotechnology in San Diego, California, which will be held April 17-20, 2016 at the San Diego Convention Center.
Kohli Ventures, the global technology investment company, and Zynergy Group, an Indian solar projects and services company, has announced the launch of its fund-raising plans, targeting USD$100m over the next three years. The investment will go towards expanding the business and driving the rapid growth of the solar energy sector across India, Africa, The Middle East and Asia.
Invenergy has announced that it has signed a 225 MW wind power purchase agreement (PPA) with Google to provide the tech giant with renewable energy to help support its data center operations. Google first announced this deal in December during the COP21 conference in Paris. Invenergy is one of six renewable energy companies Google partnered with for a total 842 MW of renewable energy across three countries. Of the six agreements, Google’s PPA with Invenergy is the largest.
After a multi-year process, and a multi-million dollar utility campaign to eliminate solar competition, the California Public Utilities Commission (CPUC) has voted to maintain net metering and continue California’s strong solar market according to The Alliance for Solar Choice.
Sumitomo Corporation together with The Japan Steel Works have announced their partnership with Gerdau to manufacture and sell wind power generation forged products under the joint-venture. Gerdau is the largest long steel manufacturer in Brazil. Production of these forged parts is expected to begin in 2017.
Canadian Solar Inc. has announced that it has entered into agreements with International Finance Corporation (IFC), to receive a financing package of up to US$70 million in loans and equity investment. The partnership with IFC underscores the Company’s commitment to expanding in Asia and Latin America, as well as conducting its operations in compliance with IFC’s environmental and social performance standards.
The 2016 Investor Summit on Climate Risk: Advancing the Clean Trillion will take place Wednesday, January 27, 2016 at the United Nations Headquarters in New York City. Speakers, including UN Secretary-General Ban Ki-moon, Former Vice President Al Gore, Michael Bloomberg and UN Climate Chief Christiana Figueres, will discuss topics ranging from investment opportunities provided by the global climate deal to opportunities to expand clean energy investment in developed and developing countries and solutions to mitigating carbon asset risks. Registration for the Summit is closed but you can watch the sessions via the live stream.
The GEA U.S. and International Geothermal Showcase agenda has been published. Taking place March 17, 2016 in Washington, D.C., the event will have experts addressing key topics from financial opportunities to an overview of geothermal power’s status in the U.S. and abroad. Other major topics include the future of the geothermal industry, cutting-edge technologies, and the components necessary to nurture global geothermal industry growth.
Asia Clean Capital has announced an agreement to provide a 3.4 MW rooftop solar system to Swire Coca-Cola at their Luohe bottling facility. Under the terms of the agreement, ACC will invest 100% of the system cost and will provide the design, equipment, installation, and long-term system maintenance. Power produced by the system will be provided to Swire Coca-Cola at pre-agreed rates, assuring both upfront savings and savings over time.
Duke Energy Renewables ended 2015 with the completion its 110 MW Los Vientos V Windpower Project in Starr County, Texas. With this site on line, the business added 400 MW of wind and 200 MW of solar power to its U.S. renewables portfolio in 2015.
EDF Renewable Energy has signed an agreement to supply Salesforce with 24 MW of wind energy from its Salt Fork Wind Project in Texas. The Virtual Power Purchase Agreement (VPPA) advances Salesforce’s commitment to power 100 percent of its global operations with renewable energy. The Project, located in the Texas Panhandle in Donley and Gray Counties, east of Amarillo, has begun construction of its total 174 MW capacity and is expected to achieve commercial operation by the end of 2016.
Regulators and utilities across the country are grappling with the valuation of distributed energy resources (DERs) such as solar, energy storage, and energy efficiency, as costs continue to fall and penetration increases. According to a new report from GTM Research, “Unlocking the Value of DER 2016: Technology Strategies, Opportunities and Markets,” despite DER growth, few states are developing the policies, technology ecosystem and data infrastructure required to enable the location-based valuation systems that will underlie the development of distribution integrated resource planning and DER procurement processes for grid services.
Powerhive, an energy solutions provider for emerging markets announced today that the company has closed a $20M Series A financing round, which will support Powerhive’s expansion into new markets in Africa and the Asia-Pacific, as well as continued growth in Kenya where the company has operated rural microgrids since 2012.
In a joint venture, Kyocera Corporation and Century Tokyo Leasing Corporation have announced that Kyocera TCL Solar LLC has started construction of the world’s largest 13.7 MW floating solar power plant on the Yamakura Dam reservoir, managed by the Public Enterprises Agency of Chiba Prefecture in Japan for industrial water services. Scheduled for launch in FY2018, the plant will be comprised of approximately 51,000 Kyocera modules installed over a fresh water surface area of 180,000m2 The project will generate an estimated 16,170 MWh per year.
Visiongain has calculated that the global offshore wind market will see capital expenditure (CAPEX) of $21,610m in 2016, including spending on turbines, foundations and installation services. This report addresses the development of the global offshore wind market, analysing the prospects for the three submarkets and ten key national markets. It focuses on CAPEX for the EPC of projects for 2016-2026, and also includes offshore wind capacity forecasts for this period.
ComEd received a $4 million award from the U.S. Department of Energy SunShot Initiative to design and deploy solar and battery storage technology within its planned microgrid demonstration project in Chicago’s Bronzeville neighborhood. This award will enable the most sophisticated solar project in the Midwest, while also helping ComEd and the communities we serve learn more about important technologies that will make for a more secure and green energy future.
During the 35th Energy Efficiency Forum in Istanbul the European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) announced they are initiating a program to fund exploratory drilling investments in order to tap into Turkey’s large geothermal resources. The new $125 million aptly-named PLUTO initiative will provide funds and advice to private developers in order to lower the risks associated with the initial stages of geothermal projects, according to EBRD.
The nation’s mayors released a new survey report showing how cities are deploying solar electricity systems, LED lighting and low-energy buildings to meet their energy and climate goals. Released at the Conference’s 84th Winter Meeting in Washington, D.C., the findings show mayors overwhelmingly identified these three technologies to be the “most promising” technologies for curbing climate emissions and reducing energy use in their cities.
Renewable Energy Systems has announced the sale of the Bluestem Wind Project to Exelon Generation, one of the nation’s leading power producers. Exelon Generation is the nation’s 12th largest wind producer with a combined 1,500 megawatts of wind generation and more under construction.
2015 marked a banner year for solar power in North Carolina as Duke Energy companies set a record for the amount of solar energy they added in the state — more than 300 MW, enough to power about 60,000 average homes at peak production.
SolarCity has announced SunRaising, a referral program that allows nonprofit organizations to raise funds by encouraging members to adopt solar. Each time a supporter of a specific SunRaising partner organization signs up, SolarCity will donate $200 to that organization. Homeowners who go solar through a SunRaising partner will also receive their system’s first month of power for free from SolarCity as a thank you for helping their local nonprofit.