Readers and editors of the international online publication, Biofuels Digest, for the fifth consecutive year, recognized Advanced Biofuels USA executive director Joanne Ivancic as one of the Top 125 People in the Advanced Bioeconomy.- Secretary Castro, of the U.S. Department of Housing and Urban Development (HUD), and Governor Brown of California have announced a number of actions to expand financing for energy efficiency and solar energy in multifamily housing. The programs also set the U.S. on a track to reach President Obama’s goal of installing 100 megawatts of renewable energy across federally subsidized housing by 2020.
- MillerCoors, a U.S. brewer with more than 400 years of American brewing heritage, today announced the completion of a 3.2 megawatt capacity solar panel installation at its Irwindale, Calif., brewery. The new solar array is the largest installed at any brewery in the U.S. and will significantly increase the brewery’s energy independence. With more than 10,000 solar panels installed across 10 acres of the brewery grounds, the MillerCoors solar array will produce enough energy to brew more than 7 million cases of beer annually. The brewery also creates biogas from wastewater to power two GE Jenbacher engines.
- SunEdison, Inc. has completed its previously announced acquisition of First Wind Holdings, LLC. In the transaction, TerraForm Power purchased 500 MW of operating wind power plants and 21 MW of operating solar power plants from First Wind. The portfolio has an average counterparty credit rating of A- and brings the weighted average remaining PPA life to 16 years for the entire TerraForm fleet. The portfolio is expected to add $73 million of cash available for distribution (CAFD) in 2015. TerraForm Power reiterates its 2015 guidance of $214 million of CAFD and dividends of $1.30 per share.
