Renewable energy policy

U.S. ENVIRONMENTAL PROTECTION AGENCY HONORS UNIBAIL-RODAMCO-WESTFIELD WITH GREEN POWER LEADERSHIP AWARD

Retrieved on: 
Monday, October 12, 2020

Los Angeles, CA, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Unibail-Rodamco-Westfield (URW) the global commercial real estate developer and operator of flagship retail and lifestyle destinations, including Westfield-branded shopping centers in the United States and Europe has received the prestigious Excellence in Green Power Use Awardfrom theU.S.Environmental Protection Agency(EPA).For 20 years, the EPAs annual Green Power Leadership Awards have recognized Americas leading green power users for their commitment and contribution to helping advance the development of the nations voluntary green power market.

Key Points: 
  • Los Angeles, CA, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Unibail-Rodamco-Westfield (URW) the global commercial real estate developer and operator of flagship retail and lifestyle destinations, including Westfield-branded shopping centers in the United States and Europe has received the prestigious Excellence in Green Power Use Awardfrom theU.S.Environmental Protection Agency(EPA).For 20 years, the EPAs annual Green Power Leadership Awards have recognized Americas leading green power users for their commitment and contribution to helping advance the development of the nations voluntary green power market.
  • The Award was presented to URW at the 2020Renewable Energy Markets Conferenceheld virtually on September 22.
  • URW was one of onlyfour organizations nationwide to receive the Excellence in Green Power Use Award, given to EPAGreen Power Partnersdemonstrating leadership in procuring green power from a utility green power product, a power purchase agreement, or a renewable energy certificate (REC) product.URW has purchased 124,000 MWh of clean energy in the form of renewable energy certificates (RECs) to address 50% of emissions from its U.S. assets in 2020.More than 54% of the companys U.S. malls energy use is now emission-free due to the strategic deployment of on-site solar, purchase of RECs and green power.
  • The commitment includesdirect emissions, indirect emissions generated from construction, tenant energy consumption and other property operations, as well as employee and visitor transportation.

Solar Revenue Put Transaction Structured on 33MW DC of Solar Power Projects with IGS Solar, ING, & kWh Analytics

Retrieved on: 
Monday, October 12, 2020

The Solar Revenue Put is structured as an insurance policy on solar production and PPA revenues, which serves as a credit enhancement for financial investors.

Key Points: 
  • The Solar Revenue Put is structured as an insurance policy on solar production and PPA revenues, which serves as a credit enhancement for financial investors.
  • Using its proprietary actuarial model and risk management software (HelioStats), kWh Analytics developed the Solar Revenue Put to drive down investment risk and encourage development of clean, low-cost solar energy.
  • kWh Analytics has proven out a reliable and timely claims process for the Solar Revenue Put, enabling cashflow certainty.
  • The Solar Revenue Put is a credit enhancement that guarantees up to 95% of a solar projects expected energy output.

K2 Clean Energy Capital Develops $6.0 Million Commercial PACE Financing for New Construction Student Housing Project in Los Angeles with Elsey Partners

Retrieved on: 
Monday, October 12, 2020

This is the largest New Construction Student Housing PACE financing project in CA closed to date.

Key Points: 
  • This is the largest New Construction Student Housing PACE financing project in CA closed to date.
  • The PACE financing will fund multiple measures including seismic strengthening and water conservation measures as well as associated soft costs.
  • "PACE financed over 15% of the capital stack along with recourse construction debt for combined leverage of 75% on the project" said Stephen Tsu, co-founder and Managing Partner of K2 Clean Energy Capital.
  • We plan on using PACE financing on all our new construction projects as it significantly improves our overall returns on the project" said Bryan Elsey, Founder of Elsey Partners.

EMC Provides One-stop Marketplace for Businesses to Buy Electricity and Offset Consumption

Retrieved on: 
Monday, October 12, 2020

RECs are financial instruments that certify the purchase by an investor of units of electricity generated from renewable energy sources.

Key Points: 
  • RECs are financial instruments that certify the purchase by an investor of units of electricity generated from renewable energy sources.
  • We are delighted that our subsidiary EMC has launched a RECs offering which helps support organisations in their sustainability goals.
  • Toh Seong Wah, CEO of EMC, said: "PowerSelect is a one-stop marketplace where businesses in Singapore can competitively purchase electricity and offset their electricity consumption with RECs.
  • Energy Market Company (EMC) operates the wholesale market of the National Electricity Market of Singapore (NEMS), which is Asia's first liberalised electricity market.

Voltalia SA: LCL and Voltalia are joining forces to launch a new service for businesses, the first long-term supply contracts for green electricity

Retrieved on: 
Friday, October 9, 2020

Voltalia SA: LCL and Voltalia are joining forces to launch a new service for businesses, the first long-term supply contracts for green electricity

Key Points: 
  • Voltalia SA: LCL and Voltalia are joining forces to launch a new service for businesses, the first long-term supply contracts for green electricity
    Dissemination of a French Regulatory News, transmitted by EQS Group.
  • This project is the first multi-purchaser Green Corporate Power Purchase Agreement (Green CPPA [1] ) in France.
  • The electricity will come from a 55-megawatt photovoltaic plant, which Voltalia will develop and operate.
  • The Group produces and sells electricity generated from wind, solar, hydraulic, biomass and storage facilities that it owns and operates.

North Texas Municipal Water District Embarks on New Solar Project with Direct Energy at Helm

Retrieved on: 
Thursday, October 8, 2020

WYLIE, Texas, Oct. 8, 2020 /PRNewswire/ -- The North Texas Municipal Water District (NTMWD) has chosen to extend and renew its relationship with Direct Energy Business (DEB) by executing an agreement to purchase both power and Renewable Energy Credits (RECs) from DEB.

Key Points: 
  • WYLIE, Texas, Oct. 8, 2020 /PRNewswire/ -- The North Texas Municipal Water District (NTMWD) has chosen to extend and renew its relationship with Direct Energy Business (DEB) by executing an agreement to purchase both power and Renewable Energy Credits (RECs) from DEB.
  • Managing all project risk, while negotiating the supply agreement, Direct Energy Business was able to guide NTMWD toward the ground-breaking agreement, projecting $14 million in savings over the next 15 years.
  • Direct Energy is one of North America's largest retail providers of electricity, natural gas, and home and business energy-related services with nearly four million customers.
  • Direct Energy gives customers choice, simplicity, and innovation where energy, data, and technology meet.

Social Housing Organization Partners with Investment Solutions Provider, Delivering $3.4 M in Sustainable Building Improvements

Retrieved on: 
Wednesday, October 7, 2020

By partnering with Efficiency Capital, WoodGreen leveraged its $1.3 million reserve fund investment into a $3.4 million retrofit project.

Key Points: 
  • By partnering with Efficiency Capital, WoodGreen leveraged its $1.3 million reserve fund investment into a $3.4 million retrofit project.
  • "We provide a risk-free model of financial and energy savings for building owners, and WoodGreen was no exception," says Chandra Ramadurai, CEO of Efficiency Capital.
  • "Providing energy-efficient upgrades to aging infrastructure is extremely important to mitigate climate change and keep building tenants safe and comfortable.
  • Efficiency Capital partners with multi-residential, social housing, commercial, industrial and institutional building owners to fund, develop and manage sustainable upgrades.

Twain Financial Partners $5.4 Million Deal Brings More Clean Energy to Utah's West Valley

Retrieved on: 
Tuesday, October 6, 2020

ST. LOUIS, Oct. 6, 2020 /PRNewswire/ --Twain Financial Partners announced the successful financing of $5.4MM in Commercial Property Assessed Clean Energy (C-PACE) Financing in connection with the ground-up construction of two rear load industrial buildings in West Valley City, Utah.

Key Points: 
  • ST. LOUIS, Oct. 6, 2020 /PRNewswire/ --Twain Financial Partners announced the successful financing of $5.4MM in Commercial Property Assessed Clean Energy (C-PACE) Financing in connection with the ground-up construction of two rear load industrial buildings in West Valley City, Utah.
  • Twain's funding will provide state-of-the-art clean energy improvements to the buildings.
  • "Twain Financial is thrilled to announce the closing of C-PACE Financing on the new West Valley Industrial project," said Karl Koch, Business Development Officer at Twain Financial.
  • Twain Financial Partners is an investment management firm located in St. Louis, Missouri with over $4 billion in assets under management within the public-private partnership sector.

POWERHOME SOLAR Responds To Tennessee's Call For Green Energy With Second Office

Retrieved on: 
Monday, October 5, 2020

In April, POWERHOME SOLAR opened its first Tennessee office in Nashville and is quickly expanding within the state.

Key Points: 
  • In April, POWERHOME SOLAR opened its first Tennessee office in Nashville and is quickly expanding within the state.
  • Even without net metering incentives for customers in the state, POWERHOME SOLAR has found Tennesseans very receptive to adding solar energy.
  • Solar energy accounts for only 0.59 percent of electricity generated in Tennessee, making the Volunteer State one with untapped potential.
  • POWERHOME SOLAR is an energy efficiency company that provides high-quality American-made solar panels as part of a complete energy-savings package for residential customers.

Underperforming home HVACs cost consumers $15.3B and contribute nearly 52M tons of CO2 annually to the atmosphere, accelerating climate change

Retrieved on: 
Thursday, October 1, 2020

Updating these least efficient homes could save 8% of US residential electricity usage overall and have a significant impact on U.S. climate change goals by eliminating nearly 52M tons of CO2 emissions annually.

Key Points: 
  • Updating these least efficient homes could save 8% of US residential electricity usage overall and have a significant impact on U.S. climate change goals by eliminating nearly 52M tons of CO2 emissions annually.
  • Updating and weatherizing the least efficient homes in the country could save consumers $15.3B annually while moving the country closer to climate change goals.
  • Incentive programs that updated the 20% of homes with the highest cooling usage would eliminate 115 billion kWh of electricity usage annually.
  • By comparison, in 2019 the U.S. generated 107 billion kWh from solar and 300 billion kWh from wind.