Renewable energy

Direct Energy Business Turns to Battery Power in California

Thursday, October 29, 2020 - 9:01pm

SAN FRANCISCO, Oct. 29, 2020 /PRNewswire/ --Direct Energy Business, an Electric Service Provider delivering service to Direct Access customers, announced today recent changes in its energy strategy to offer the benefits of battery storage in California.

Key Points: 
  • SAN FRANCISCO, Oct. 29, 2020 /PRNewswire/ --Direct Energy Business, an Electric Service Provider delivering service to Direct Access customers, announced today recent changes in its energy strategy to offer the benefits of battery storage in California.
  • Over the course of 2020, Direct Energy Business entered into a portfolio of agreements with LS Power to obtain resource adequacy and energy storage swaps from their 250 megawatt (MW) Gateway Energy Storage project and 200 MW Diablo Energy Storage project.
  • "By embracing battery storage we are able to help support the integration and development of renewable resources, and improve reliability for customers," said David Brast Senior VP, North America Power and Gas, Direct Energy Business.
  • In support of grid reliability and efficiency, Direct Energy Business signed 10-year resource adequacy contracts with LS Power starting in 2021.

AST Announces Appointment of Greg Wilcox as Vice President of Company's Sustainable Energy and Environmental Strategic Business Unit

Thursday, October 29, 2020 - 6:46pm

MCLEAN, Va., Oct. 29, 2020 /PRNewswire/ -- Allegheny Science & Technology (AST) is pleased to announce the appointment of Gregory Wilcox as Vice President of its Sustainable Energy and Environmental Strategic Business Unit (SBU).

Key Points: 
  • MCLEAN, Va., Oct. 29, 2020 /PRNewswire/ -- Allegheny Science & Technology (AST) is pleased to announce the appointment of Gregory Wilcox as Vice President of its Sustainable Energy and Environmental Strategic Business Unit (SBU).
  • Mr. Wilcox joins AST with over 30 years of consulting experience in the areas of sustainable energy and environmental solutions and emerging technologies.
  • He has also supported multiple programs at the national energy laboratories including Oak Ridge National Laboratory and the National Renewable Energy Laboratory.
  • "Greg is an outstanding addition to our AST team, he brings a deep blend of sustainable environmental and energy technology experience," said Arria Hines, CEO of AST.

LS Power Announces Renewable Fuels Initiative

Thursday, October 29, 2020 - 6:30pm

NEW YORK, Oct. 29, 2020 /PRNewswire/ --LS Power today announced a major investment in a portfolio of renewable natural gas projects as part of its newly established renewable fuels platform.

Key Points: 
  • NEW YORK, Oct. 29, 2020 /PRNewswire/ --LS Power today announced a major investment in a portfolio of renewable natural gas projects as part of its newly established renewable fuels platform.
  • "This partnership represents LS Power's initial investment into the broader renewable fuels market, where we anticipate expanding opportunities as decarbonization efforts continue to increase," saidJoe Esteves, CFO and Co-Head of Private Equity at LS Power.
  • LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector.
  • Additionally, LS Power actively invests in businesses and platforms focused on renewable energy and fuels, as well as distributed energy resources, such as CPower Energy Management and EVgo.

Great Bay Renewables Extends Additional Renewable Royalty Financing to Tri Global Energy

Thursday, October 29, 2020 - 2:54pm

To date, TGE has sold nearly 1 GW of renewable energy projects subject to the Great Bay royalty program and currently has over 2.5 GW in its development pipeline.

Key Points: 
  • To date, TGE has sold nearly 1 GW of renewable energy projects subject to the Great Bay royalty program and currently has over 2.5 GW in its development pipeline.
  • The Great Bay royalty capital is helping TGE expand and diversify into developing solar energy as well as additional wind energy projects in new regions.
  • "Today Tri Global Energy is one of the top five developers of wind energy in the U.S. because of our commitment to growth and notable partnerships, like that with Great Bay," said John Billingsley, Chairman and CEO of Tri Global Energy.
  • Great Bay provides capital to the renewable energy sector in exchange for royalties in renewable energy generating facilities at all stages in their life cycle.

Voya Financial Expects New Solar Energy System at Chandler Facility to Provide More than 663,600 Kilowatt-Hours of Clean, Renewable Energy in First Year

Thursday, October 29, 2020 - 2:20pm

* In addition, Voya estimates the solar carport system will provide 32% of the facilitys total energy, offsetting purchased utility power by the same percentage and delivering significant savings over the solar systems estimated 30-year or longer lifespan.

Key Points: 
  • * In addition, Voya estimates the solar carport system will provide 32% of the facilitys total energy, offsetting purchased utility power by the same percentage and delivering significant savings over the solar systems estimated 30-year or longer lifespan.
  • Clean energy was the start of our environmental sustainability efforts more than 13 years ago.
  • Voya worked with Arizona-based companies to design and build the system.
  • Hawkins Design Group in Gilbert was responsible for the parking garage, solar, efficient LED lighting and controls systems.

Dynamic Funds launches Dynamic Energy Evolution Fund

Thursday, October 29, 2020 - 1:15pm

TORONTO, Oct. 29, 2020 /CNW/ -Dynamic Funds announced today the launch of Dynamic Energy Evolution Fund, an environmentally focused investment solution designed to provide exposure to the opportunities arising from the ongoing shift towards renewable energy.

Key Points: 
  • TORONTO, Oct. 29, 2020 /CNW/ -Dynamic Funds announced today the launch of Dynamic Energy Evolution Fund, an environmentally focused investment solution designed to provide exposure to the opportunities arising from the ongoing shift towards renewable energy.
  • "Climate change action has created a secular tailwind for those companies involved in the global transition to renewable energy.
  • This new fund managed by portfolio managers with deep experience in the sector lets investors seize on the compelling opportunities that continue to arise," says Mark Brisley, Managing Director, Dynamic Funds.
  • Dynamic Funds is a registered trademark of its owner, used under license.

3Degrees and LevelTen Energy Announce Partnership to Help More Companies Achieve Renewable Energy Goals

Thursday, October 29, 2020 - 1:00pm

With access to this key renewable transaction infrastructure provided by LevelTen, 3Degrees can further scale its world-class consulting practice, providing global customers with even more choice and value in renewable energy procurement.

Key Points: 
  • With access to this key renewable transaction infrastructure provided by LevelTen, 3Degrees can further scale its world-class consulting practice, providing global customers with even more choice and value in renewable energy procurement.
  • "3Degrees' proven expertise helps organizations around the world implement renewable energy, supply chain and transportation decarbonization, and other climate strategies," said Rebecca Sternberg, Vice President, Energy and Climate Practice at 3Degrees.
  • "LevelTen and 3Degrees share the same vision: accelerating the clean energy transition," said Ryan Warren, Vice President of Marketing at LevelTen Energy.
  • The 3Degrees team has deep expertise in sustainability consulting, environmental markets, renewable energy and carbon project development, transportation decarbonization solutions, and utility renewable energy programs.

Skyline & Ardian Renewables Announce 250 MW Galloway Solar Project With Consortium Of Financing

Thursday, October 29, 2020 - 2:33pm

The Galloway I Solar Project, acquired from 8minute Solar Energy, is scheduled for operation by end of 2021.

Key Points: 
  • The Galloway I Solar Project, acquired from 8minute Solar Energy, is scheduled for operation by end of 2021.
  • "We're very pleased to be adding such a robust solar project in the dynamic Texas energy market," said Martin Mugica , Skylines Renewables President & CEO.
  • "This latest project marks another important step forward to becoming a leading North American clean independent energy platform.
  • Skyline Renewables announced its first acquisition of Whirlwind Energy , a 60 MW project in NW Texas, in 2018, then acquired Hackberry Wind Farm , a 166 MW farm also in NW Texas.

Clarkson University Campus Now Powered by 100 Percent Renewable Electricity Through Partnership with Brookfield Renewable

Thursday, October 29, 2020 - 1:00pm

Brookfield Renewable, one of the largest owners, operators, and developers of renewable power globally is now providing Clarkson with a large portion of its electricity at the Potsdam campus.

Key Points: 
  • Brookfield Renewable, one of the largest owners, operators, and developers of renewable power globally is now providing Clarkson with a large portion of its electricity at the Potsdam campus.
  • We value that our new partnership with Brookfield Renewable provides renewable electricity that supports our local economy and will increase educational opportunities for our students, said Powers.
  • Brookfield Renewable is pleased to partner with Clarkson University to provide clean, reliable, renewable power that supports the local economy, said Marco Talamo, Vice President, Brookfield Renewable.
  • The renewable power provided by Brookfield Renewable will contribute between 50 percent and 60 percent of Clarkson Universitys total electricity.

Just Energy Announces the Date of Second Quarter Fiscal 2021 Results

Thursday, October 29, 2020 - 12:00pm

TORONTO, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (Just Energy or the Company) a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers, today announced that the Companywill release operating results for the second quarter of fiscal 2021after market close on Wednesday, November 11th, 2020.

Key Points: 
  • TORONTO, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (Just Energy or the Company) a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers, today announced that the Companywill release operating results for the second quarter of fiscal 2021after market close on Wednesday, November 11th, 2020.
  • Those who wish to participate in the conference call may do so by dialing 1-877-501-3160 in the U.S. and Canada.
  • About Just Energy Group Inc.
    Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers.
  • Just Energy is the parent company of Amigo Energy, EdgePower Inc., Filter Group Inc., Hudson Energy, Interactive Energy Group, Tara Energy, and TerraPass.