Samples of news and expertise from RenewComm and our clients
Solar Power World: CleanCapital acquires over 14.23 MW of U.S. solar projects from Spanish developer X-Elio
The 14.23-MW portfolio leverages capital from CleanCapital’s new partnership with CarVal Investors. These solar projects are located in California and Vermont and consist of high-quality customers including schools, a vineyard and two utilities.
E&E: Grid stability isn't about saving coal — analysis
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.
North American Windpower: Awards Recognize Women Working Toward Wind Power Careers
The Women of Renewable Industries and Sustainable Energy (WRISE) has selected six 2018 Rudd Mayer Memorial fellows and five 2018 Wind at Our Backs scholars. The group plans to recognize them at a luncheon on May 9 during the WINDPOWER 2018 Conference and Exhibition in Chicago
GreenBiz: How to infuse distributed generation with institutional capital
Clean energy has grown rapidly in the last decade, up to 18 percent of total energy deployment from 9 percent in 2008. But it remains a small fraction of overall power generation worldwide. In the United States, coal and natural gas account for more than 60 percent of electricity generation.
Bloomberg: CarVal in Deal With CleanCapital to Pursue $1 Billion in Solar
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.
CleanCapital's Jon Powers to speak at John Carroll University
Jon Powers is the co-founder and president of CleanCapital, a financial technology company that makes it easy to invest in clean energy. Jon leads corporate strategy and development, investor relations, and marketing.
GreenBiz: Alaska's energy and arctic-tech startup scene is warming up for global challenges
Alaska's unique take on innovation is driven by its vast geography and harsh climate. For a technology to be useful here, it must perform well in remote and harsh conditions, be easy to repair and solve a real problem. This unfussy approach to innovation is at the heart of the state's emerging entrepreneurial ecosystem, where entrepreneurs, researchers, policy wonks and technologists are tackling on some of the world’s most challenging problems in the energy sector.
Microgrid Knowledge: Could Alaska’s Microgrids Seed the Globe?
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.
Renewable Energy World: Women of Wind Energy Rebrands as WRISE to Serve Greater Renewable Energy Space
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).
Windpower Engineering and Development: Vestas partners with Inspectools for drone inspection work in North America
InspecTools, Inc. announced a strategic partnership with wind energy industry leader Vestas. Vestas has selected InspecTools’ drone inspection systems for wind turbine blades for inclusion in their BladeCare service package in North America, and the companies will work together to deploy this novel inspection method.
The Huffington Post: The Evolution of Solar Finance
It was not that long ago solar energy developers needed to convince a capital partner there was enough sunshine in New Jersey to power homes. The uncertainty of the market, questions about the reliability of the photovoltaic panels themselves, and unfamiliarity with power purchase agreements caused significant challenges to get new projects financed. Over time, as the right policies began to align, projects were built and the cost of solar panels declined. The risks began to mitigate allowing more capital to enter the market and reduce transaction costs. Cheaper deals meant better prices for the power, better prices meant more deals, and the solar marketplace grew exponentially. Today, solar is competing for a share in the $5 trillion renewable energy market projected for 2030. This changing business landscape leads us to the next phase of solar finance.
Mic: US veterans build a greener future at home
In the five years since the White House launched its Joining Forces program to help post-9/11 veterans join the American workforce, the unemployment rate among vets has declined dramatically. In 2011, the jobless rate was more than 12%, according to the Bureau of Labor Statistics. By 2015, that dropped to 5.8%.