Encore Renewable Energy announced the commissioning of a 198-kW solar array on the roof of the UVM Medical Center on Holly Court in Williston, Vermont. The project began generating solar electricity in December 2018. UVM Medical Center will receive net metering credits at a discount, along with a steady stream of lease revenue from an otherwise unused rooftop. Together, these will result in approximately $124,000 of total value to UVM Medical Center over the 25-year life of the system.Read More
Offshore wind has become a core asset class for numerous investors and lenders in Europe — and the same may soon be true in the US.
We see all the European trends coming to the US market — supporting technological advances, supply chains, and growth at competitive costs, even as subsidies expire:
a) big utilities and oil & gas companies want to scale renewables, and are comfortable with development, technology, and operating risk; b) more lenders are lending at lower rates; and c) institutional investors want to own equity stakes, providing projects with funding options.Read More
The renewable energy market continues to report record growth. Global wind capacity is on track to hit 800 GW by 2021, and the emerging energy storage market is expected to reach 125 GW of capacity in the next decade. The U.S. solar industry is on track to add 15 GW of Photovoltaic (PV) capacity annually between now and 2023. This historic growth has catapulted a sector once categorized as “alternative” into a critical role amongst our mainstream energy portfolio.Read More
Women make up about a third of U.S. wind and solar energy jobs, higher than other technology fields.
Sarah Fischer’s journey into the renewable energy field began with a high school French teacher whose husband had been a child slave in Haiti. The couple opened Fischer’s eyes to human rights and international development issues and sparked a desire to make a difference in such situations.Read More
Clean energy investment platform operator CleanCapital has acquired a 10.2-MW solar portfolio from New York-based developer G&S Solar, it was announced on Thursday.
The newly purchased portfolio includes two projects in Massachusetts, with “high-quality customers”, including a corporate entity and municipality, as the offtakers. By adding those projects, CleanCapital now has nearly USD 150 million (EUR 128.5m) of acquired operating solar assets, it said.Read More
Alison Silverstein, a Texas-based consultant, and Rob Gramlich and Michael Goggin, former top staff at the American Wind Energy Association, prepared an analysis for the Natural Resources Defense Council and the Environmental Defense Fund. The report is meant to expand a debate around how to ensure the power grid is reliable overall and resilient when pipes freeze or a hurricane strikes.Read More
CleanCapital LLC and a fund manager formed by the agriculture giant Cargill Inc. are forming a partnership that plans to buy as much as $1 billion in solar projects, with CarVal Investors providing a $250 million equity investment.Read More
The chase is on among states to become the economic and technology hub of the growing microgrid industry. California and the Northeast states are neck-and-neck. But watch for a spoiler – Alaska.Read More
Answering a call for representation for women across all sectors of renewable energy, the nonprofit organization Women of Wind Energy (WoWE) has formally changed its name to Women of Renewable Industries and Sustainable Energy (WRISE).Read More