Renewable energy policy

DGAP-News: Energiekontor concludes power purchase agreements (PPAs) for existing wind farms

Retrieved on: 
Wednesday, January 13, 2021
Articles, Infrastructure, Power stations, Energy, Renewable energy policy, Renewable energy, Power purchase agreement, Pricing, Wind farm, Photovoltaic power station, Feed-in tariff, Draft:RE Royalties

Energiekontor provides operational management services for wind farms and solar parks with a nominal output of more than 1 GW.

Key Points: 
  • Energiekontor provides operational management services for wind farms and solar parks with a nominal output of more than 1 GW.
  • In future, the electricity generated will be remunerated on the basis of bilateral power purchase agreements (PPAs) concluded with energy supply companies or other industrial customers.
  • In recent weeks, Energiekontor has concluded a series of PPAs for 22 existing wind farms with a total of 123 wind turbines and a total output of around 120 MW.
  • In addition, Energiekontor operates wind and solar farms with a nominal output of almost 280 megawatts in its own portfolio.

Minnesota Power Announces Vision for 100 Percent Carbon-Free Energy by 2050

Retrieved on: 
Tuesday, January 12, 2021
Alternative energy, Energy, Utilities, Environment, Energy policy, Energy, Emissions reduction, Renewable energy policy, Articles, Renewable energy, Mandatory renewable energy target, Xcel Energy

Minnesota Power, an ALLETE company, today announced its vision to deliver 100 percent carbon-free energy to customers by 2050, continuing its commitment to climate, customers and communities through its EnergyForward strategy.

Key Points: 
  • Minnesota Power, an ALLETE company, today announced its vision to deliver 100 percent carbon-free energy to customers by 2050, continuing its commitment to climate, customers and communities through its EnergyForward strategy.
  • Minnesota Powers vision for a carbon-free future builds on its recent achievement of now providing 50 percent renewable energy to its customers.
  • In the IRP, Minnesota Power will identify plans to increase its renewable energy supply to 70 percent by 2030 and achieve a coal-free energy supply by 2035.
  • Minnesota Power spent the past 12 months in discussions with stakeholders that helped inform the details of its IRP, including the goal of delivering 100 percent carbon-free energy by 2050.

El Paso Electric Files the Transportation Electrification Plan with the NMPRC

Retrieved on: 
Friday, January 8, 2021
Automotive, Other Energy, Environment, Utilities, Energy, Alternative Vehicles, Fuels, El Paso Electric, El Paso, Texas, Renewable energy policy, Electric vehicle conversion, Electric vehicles, Draft:Beneficial Electrification, Energy

El Paso Electric (EPE) looks to continue its drive toward a greener and more sustainable future as the Company files its Transportation Electrification Plan (TEP) with the New Mexico Public Regulation Commission (NMPRC) for approval.

Key Points: 
  • El Paso Electric (EPE) looks to continue its drive toward a greener and more sustainable future as the Company files its Transportation Electrification Plan (TEP) with the New Mexico Public Regulation Commission (NMPRC) for approval.
  • A Customer Outreach Program to improve familiarity and awareness of EVs, and the benefits of transportation electrification.
  • Our plan will allow us to provide new incentives and benefits that will help support the electrification transportation evolution that is occurring for the benefit of both our customers and a cleaner environment.
  • El Paso Electric is a regional electric utility providing generation, transmission and distribution service to approximately 441,200 retail and wholesale customers in a 10,000-square mile area of the Rio Grande valley in west Texas and southern New Mexico.

Wiwynn Works with Mr. Watt to Contract the First Renewable Power Purchase Agreement among the Information Service Industry in Taiwan

Retrieved on: 
Thursday, January 7, 2021
Alternative energy, Energy, Data management, Technology, Software, Energy, Renewable energy policy, Renewable energy, Power purchase agreement, Pricing, Energy in Taiwan, Electricity retailing, Renewable energy law

Wiwynn (TWSE: 6669), an innovative cloud IT infrastructure provider, today announced the company have finalized the Renewable Power Purchase Agreement with Mr. Watt, the first renewable electricity retailer in Taiwan.

Key Points: 
  • Wiwynn (TWSE: 6669), an innovative cloud IT infrastructure provider, today announced the company have finalized the Renewable Power Purchase Agreement with Mr. Watt, the first renewable electricity retailer in Taiwan.
  • This action marks Wiwynn as the first company in the information service industry to adopt renewable energy in Taiwan since the amendment of The Electricity Act.
  • Being heavily involved in the cloud data center solution industry, Wiwynn innovates continuously to improve the power efficiency and effectiveness of data center solutions.
  • Wiwynn's Renewable Power Purchase Agreement with Mr. Watt was based on an amendment made to the Electricity Act, which allows enterprise to directly purchase from an electricity retailing enterprise with the Power Purchase Agreement (PPA).

Stonehill Closes on Nine Commercial Property Assessed Clean Energy (CPACE) Loans Totaling $100 Million During Q420

Retrieved on: 
Wednesday, January 6, 2021
Professional services, Other Construction & Property, Commercial Building & Real Estate, Lodging, Construction & Property, Travel, Banking, Energy sources, Alternative energy, Renewable energy policy, Debt, PACE financing, Renewable energy in the United States, Solar energy in the United States, Energy, Mezzanine capital, Economy

Officials of Stonehill today announced the companys PACE Division closed on nine Commercial Property Assessed Clean Energy (CPACE) loans totaling $100 million during the fourth quarter of 2020.

Key Points: 
  • Officials of Stonehill today announced the companys PACE Division closed on nine Commercial Property Assessed Clean Energy (CPACE) loans totaling $100 million during the fourth quarter of 2020.
  • Stonehill prides itself on working with owners to find financial solutions that work for all parties involved.
  • Stonehill PACE, a division of Stonehill , is a direct lender for Property Assessed Clean Energy (PACE) financing.
  • Stonehill is primarily focused on funding permanent loans, bridge loans, mezzanine loans and preferred equity investments backed by limited-, select- and compact full-service hotel assets.

PACE Loan Group Hires PACE Expert Bali Kumar as Chief Operating Officer to Continue Expansion

Retrieved on: 
Wednesday, December 23, 2020
Energy sources, Alternative energy, PACE financing, Renewable energy in the United States, Renewable energy policy, Solar energy in the United States, Bali, PACE, PACE, Energy

MINNEAPOLIS, Dec. 23, 2020 /PRNewswire/ --PACE Loan Group ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Bali Kumar to be PLG's new Chief Operating Officer, effective January 1, 2021.

Key Points: 
  • MINNEAPOLIS, Dec. 23, 2020 /PRNewswire/ --PACE Loan Group ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Bali Kumar to be PLG's new Chief Operating Officer, effective January 1, 2021.
  • Bali will step down as CEO of Lean & Green Michigan, the statewide PACE program administrator in Michigan.
  • PACE Loan Group announces the hiring of Bali Kumar to be PLG's new Chief Operating Officer, effective January 1, 2021.
  • "Bali will help maximize in-house efficiency at PLG, while helping to simplify the PACE process for borrowers.

More than 25% of Surveyed Homeowners Plan to Finance Home Improvement Projects by Borrowing from Contractor

Retrieved on: 
Tuesday, December 22, 2020
Building engineering, General contractor, Home improvement, Renewable energy policy, Alternative energy, Articles, Green bank

For respondents who indicated they would pursue financing/getting a loan, over 25% hope to obtain financing through their contractor.

Key Points: 
  • For respondents who indicated they would pursue financing/getting a loan, over 25% hope to obtain financing through their contractor.
  • A loan through my contractor: 25.33%
    Those planning to finance were asked about when they will begin researching their financing options.
  • "Modernize resources help homeowners research contractors for complex, high-value home renovations and include guidance on home improvement financing to facilitate projects."
  • For more than 15 years, Modernize has been a leader in the home improvement and services industry, connecting homeowners with contractors and other home services professionals.

New Jersey Natural Gas Extends Bill Credit Through January 2021; Announces Additional $12.5 Million for Customers

Retrieved on: 
Tuesday, December 22, 2020
Energy, Utilities, Oil, Gas, Pricing, Energy, Natural gas prices, Natural gas, Articles, Resource economics, Renewable energy policy

The credit comes on top of a $10 million credit issued for December, a total of $22.5 million delivered to customers over the two-month period.

Key Points: 
  • The credit comes on top of a $10 million credit issued for December, a total of $22.5 million delivered to customers over the two-month period.
  • This one-time additional bill credit will save the typical residential heating customer using 197 therms during the month of January $24.03, or a decrease of 11.3% on their monthly bill.
  • NJNG is able to provide this additional bill credit at this time due to lower natural gas prices.
  • NJNG does not earn a return on the price of natural gas used to serve its customers.

En+ Group commences trading International renewable energy certificates

Retrieved on: 
Monday, December 21, 2020
Articles, Energy, Energy policy, Renewable energy policy, Carbon finance, Renewable Energy Certificate, Renewable electricity, Energy certificate, Renewable energy, Energy policy of Australia, Renewable energy commercialization

LONDON, Dec. 21, 2020 /PRNewswire/ -- En+ Group, the world's leading producer of low carbon aluminium and largest private sector generator of hydropower, has become the first energy producer and supplier in Russia permitted to trade international renewable energy certificates (I-RECs).

Key Points: 
  • LONDON, Dec. 21, 2020 /PRNewswire/ -- En+ Group, the world's leading producer of low carbon aluminium and largest private sector generator of hydropower, has become the first energy producer and supplier in Russia permitted to trade international renewable energy certificates (I-RECs).
  • The energy produced by these companies adheres to internationally recognised standards for renewable energy tracking.
  • I-RECs serve to increase the transparency of the energy sector and provide clarity about the use of renewable electricity among end-consumers.
  • "We are pleased to announce that En+ Group has issued the first Russian international renewable energy certificates.

En+ Group commences trading International renewable energy certificates

Retrieved on: 
Monday, December 21, 2020
Articles, Energy, Energy policy, Renewable energy policy, Carbon finance, Renewable Energy Certificate, Renewable electricity, Energy certificate, Renewable energy, Energy policy of Australia, Renewable energy commercialization

LONDON, Dec. 21, 2020 /PRNewswire/ -- En+ Group, the world's leading producer of low carbon aluminium and largest private sector generator of hydropower, has become the first energy producer and supplier in Russia permitted to trade international renewable energy certificates (I-RECs).

Key Points: 
  • LONDON, Dec. 21, 2020 /PRNewswire/ -- En+ Group, the world's leading producer of low carbon aluminium and largest private sector generator of hydropower, has become the first energy producer and supplier in Russia permitted to trade international renewable energy certificates (I-RECs).
  • The energy produced by these companies adheres to internationally recognised standards for renewable energy tracking.
  • I-RECs serve to increase the transparency of the energy sector and provide clarity about the use of renewable electricity among end-consumers.
  • "We are pleased to announce that En+ Group has issued the first Russian international renewable energy certificates.