Olympian High School and Sweetwater Union High School District, located in Chula Vista, California along with SunPower Corp. are celebrating the installation of 9.3 megawatts of high efficiency SunPower solar power systems at 21 district schools. The district estimates that the systems may offset about 60 percent of its utility grid demand.- EnerDynamic Hybrid Technologies Corp. announced that its joint venture company Maple Leaf Energy S.A., has signed a MOU with the National Agency for Renewable Energy (owned by Gov’t of Senegal) to install EHT’s proprietary hybrid energy systemsand supply power to 125,000 private residences in the Republic of Senegal in West Africa. The company will to pand install 125,000 of its hybrid solar and wind systems over the next 5 years. The systems will incorporate Smart Box Technology allowing each residence to produce electricity for consumption in that residence (and store a reserve) and distribute surplus energy into the power grid.
- NedPower LLC, a buyer and developer of hydroelectric power plants, has enlisted Marathon Capital to secure development and project capital to fund NedPower’s acquisition of operating hydroelectric facilities and late stage development. Marathon Capital’s role will also include providing assistance in formulating financing for NedPower’s projects and identifying and securing prospective third party investors.
- The Export-Import Bank announced today that it authorized approximately $200 million to finance U.S. renewable energy exports in FY 2014, bringing its total support to nearly $2 billion since 2009. Backed by a congressional mandate to support environmentally beneficial U.S. exports, Ex-Im is committed to empowering American companies to sell their renewable energy goods and services in overseas markets, which results in more highly skilled jobs for U.S. workers.
