Renewable energy policy

Home Run Financing (Previously PACE Funding Group) Launches New State-Of-The-Art Contractor Portal

Retrieved on: 
Tuesday, August 3, 2021

LOS GATOS, Calif., Aug. 3, 2021 /PRNewswire/ --Home Run Financing (previously PACE Funding Group, LLC) announced today that it has launched its new state-of-the-art contractor portal, enabling more contractors to provide in-home, one-stop home-improvement financing for their customers.

Key Points: 
  • LOS GATOS, Calif., Aug. 3, 2021 /PRNewswire/ --Home Run Financing (previously PACE Funding Group, LLC) announced today that it has launched its new state-of-the-art contractor portal, enabling more contractors to provide in-home, one-stop home-improvement financing for their customers.
  • Contractors can now offer Property Assessed Clean Energy (PACE) funding and an unsecured personal loan product, Home Run Loans, on one integrated technology platform.
  • "Home Run Financing is the only financing provider in the residential sector offering both PACE and unsecured loans to homeowners," saidRobert Giles, CEO of Home Run Financing, adding "our financing options combined with the new advanced contractor portal make us a one-stop financing shop for contractors and homeowners."
  • In-home sales reps can now run project estimation calculations for both PACE Funding and Home Run Loans funding options side by side, allowing the homeowner to compare.

CETY Finalizes Agreement on $15M Renewable Energy Facility in Ashfield Mass.

Retrieved on: 
Tuesday, August 3, 2021

The Ashfield facility will convert approximately 10,000 tons per year of clean woody feedstock into an estimated 16,500 MWh electricity/year.

Key Points: 
  • The Ashfield facility will convert approximately 10,000 tons per year of clean woody feedstock into an estimated 16,500 MWh electricity/year.
  • This renewable energy project will be operated from within the newly formed company and will be funded through the special purpose vehicle Ashfield Renewable Ag Development, LLC.
  • Within the agreement, the parties have agreed that CETY will hold all rights to Power Purchase Agreement Revenues, feedstock, site control, and approved grid.
  • CETY designs, produces, and markets clean energy products & solutions focused on energy efficiency and renewable energy.

Stonehill on Track to Deploy $1.25 Billion in 2021

Retrieved on: 
Monday, August 2, 2021

The company expects to deploy approximately $1.25 billion during 2021, increasing 74% from 2020.

Key Points: 
  • The company expects to deploy approximately $1.25 billion during 2021, increasing 74% from 2020.
  • The company also has an affiliate, Stonehill PACE, that offers commercial property assessed clean energy (CPACE) financing.
  • Since its founding in 2013, Stonehill originated more than $3.5 billion in loans for hospitality projects seeking capital to complete acquisitions, recapitalizations, refinancing and renovations.
  • Stonehill PACE, a division of Stonehill, is a direct lender for Property Assessed Clean Energy (PACE) financing.

National Energy "NE" Announces Completion and Full Energization of its First Greenfield 24MWp Solar Project in Greece

Retrieved on: 
Friday, July 30, 2021

ATHENS, Greece, July 30, 2021 /PRNewswire/ -- National Energy (NE) is pleased to announce the successful completion andfull energization of its first greenfield construction solar energy installation in Greece.

Key Points: 
  • ATHENS, Greece, July 30, 2021 /PRNewswire/ -- National Energy (NE) is pleased to announce the successful completion andfull energization of its first greenfield construction solar energy installation in Greece.
  • The 24.08MWp ground-mounted solar energy installation is comprised of five (5) PV projects in Central Greece in the regions of Viotia and Fthiotida.
  • All projects have secured a 20-year fixed tariff, awarded via the auction conducted by the Greek Regulatory Authority of Energy (RAE) in July 2019.
  • Performance across the five solar projects has been positive and, on average, all sites have been producing above initial forecasted expectations.

Berry Global Surpasses Goal to Eliminate 100 Million Kilowatt Hours of Electricity, Reducing Carbon Emissions by 45,000 Metric Tons

Retrieved on: 
Wednesday, July 28, 2021

Today, Berry Global Group, Inc. (NYSE: BERY) announced the approval of projects that will help the Company achieve its new milestone goal to eliminate 100 million kilowatt hours (kWh) of electricity from its operations.

Key Points: 
  • Today, Berry Global Group, Inc. (NYSE: BERY) announced the approval of projects that will help the Company achieve its new milestone goal to eliminate 100 million kilowatt hours (kWh) of electricity from its operations.
  • Berry surpassed its initial target to eliminate 1 million kWh from the Companys operations in 2020 and is leveraging that success to reach its 100 million kWh goal.
  • Through the sharing of best practices, Berry team members collaborated across 324 energy saving projects to achieve record energy reduction.
  • These reductions in energy directly reduce Berrys scope 1 and 2 emissions, which inherently reduce customers scope 3 emissions.

Greenworks Lending from Nuveen Appoints Kate Cusack as Vice President of Originations

Retrieved on: 
Tuesday, July 27, 2021

DARIEN, Conn., July 27, 2021 /PRNewswire/ -- Greenworks Lending, the nation's leading C-PACE capital provider dedicated to funding energy performance-enhancing commercial, multi-family and non-profit real estate projects, announced today that it has appointed Kate Cusack as Vice President of Originations.

Key Points: 
  • DARIEN, Conn., July 27, 2021 /PRNewswire/ -- Greenworks Lending, the nation's leading C-PACE capital provider dedicated to funding energy performance-enhancing commercial, multi-family and non-profit real estate projects, announced today that it has appointed Kate Cusack as Vice President of Originations.
  • In her new role as Vice President of Originations, Cusack will be helping deal teams sustain and improve originations process efficiency and scale originations efforts to support the company's massive expansion.
  • "Kate is an adept deal navigator with deep expertise in structured commercial real estate financing transactions," said Andrew Zech, Head of C-PACE Originations at Greenworks Lending from Nuveen.
  • Greenworks Lending, a Nuveen affiliate, is the largest provider of Commercial Property Assessed Clean Energy (C-PACE) financing in the country.

SDSol Technologies Enables AllSola's Revolutionary Green Solar Power to Bring Electricity to Rural Africa

Retrieved on: 
Tuesday, July 20, 2021

With SDSol as their technology partner, AllSola is now able to offer efficient and cost-effective solar products and services to people in need of electricity.

Key Points: 
  • With SDSol as their technology partner, AllSola is now able to offer efficient and cost-effective solar products and services to people in need of electricity.
  • AllSola is the flagship brand of leading Kenya-based solar company Kenya Green Supply.
  • AllSola is committed to providing fast, efficient and cost-effective solar products and services that are sustainable and energy-friendly for the off-grid market.
  • The AllSola internet connectivity and computing platform is intended for people living in rural and underprivileged areas in Africa.

Atlas Renewable Energy and Unipar sign a Solar Energy PPA in Brazil

Retrieved on: 
Monday, July 19, 2021

SAO PAULO, Brazil, July 19, 2021 /PRNewswire/ -- Atlas Renewable Energy , an international leading renewable energy company, along with Unipar, a leader in chlorine, chlorides, and PVC in South America, announced today the signing of a large-scale solar energy power purchase agreement (PPA) in Brazil.

Key Points: 
  • SAO PAULO, Brazil, July 19, 2021 /PRNewswire/ -- Atlas Renewable Energy , an international leading renewable energy company, along with Unipar, a leader in chlorine, chlorides, and PVC in South America, announced today the signing of a large-scale solar energy power purchase agreement (PPA) in Brazil.
  • Atlas Renewable Energy is a renewable energy generation company that develops, builds, and operates renewable energy projects with long-term contracts across the Americas.
  • Launched in early 2017, Atlas Renewable Energy includes an experienced team with the longest track record in the solar energy industry in Latin America.
  • Atlas Renewable Energy is part of the Energy Fund IV, founded by Actis, a leading private equity investor in the energy sector.

PACE Loan Group Hires Kris Jones as Vice President, Originations to Continue Expansion

Retrieved on: 
Monday, July 19, 2021

MINNEAPOLIS, July 19, 2021 /PRNewswire/ --PACE Loan Group ("PLG") ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Kris Jones as a Vice President, Originations, effective July 19, 2021.

Key Points: 
  • MINNEAPOLIS, July 19, 2021 /PRNewswire/ --PACE Loan Group ("PLG") ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Kris Jones as a Vice President, Originations, effective July 19, 2021.
  • PACE Loan Group hires 18-year CRE veteran Kris Jones as part of strategic nationwide C-PACE staff rollout.
  • Jones has over 18 years of commercial and multifamily real estate experience.Prior to joining PLG, Jones was a Senior Director at Ten-X, and a Vice President of Real Estate at RealCrowd.
  • "I am excited to be joining PACE Loan Group to help them expand their C-PACE loan portfolio throughout the Western U.S.

Canadian Solar Signs 12 MWp Private PPA with Centrica Energy Trading in Italy

Retrieved on: 
Wednesday, July 14, 2021

(the "Company" or "Canadian Solar") (NASDAQ: CSIQ),today announced it has signed a 10-year power purchase agreement (PPA) withCentrica Energy Trading A/S ("Centrica Energy Trading") for two solar power projects totaling 12 MWp in Italy.

Key Points: 
  • (the "Company" or "Canadian Solar") (NASDAQ: CSIQ),today announced it has signed a 10-year power purchase agreement (PPA) withCentrica Energy Trading A/S ("Centrica Energy Trading") for two solar power projects totaling 12 MWp in Italy.
  • Centrica Energy Trading is a leading provider of energy management and optimization services, operating in power, gas and energy certificate markets across Europe.
  • Centrica Energy Trading will purchase the clean solar energy produced by the two solar power projects after they reach commercial operation in April 2022.
  • Dr. Shawn Qu, Chairman and CEO of Canadian Solar commented, "I am proud to announce our second 12 MWp PPA in Italy in less than 2 months.