Bright green environmentalism

Why Solar Farms May Be The New 'It" Industry

Retrieved on: 
Tuesday, August 3, 2021

With renewable energy and limited natural resources such a hot topic, the solar industry proves itself as one of the fastest growing markets today.

Key Points: 
  • With renewable energy and limited natural resources such a hot topic, the solar industry proves itself as one of the fastest growing markets today.
  • Capitalizing on the forecasted success of solar farms allows investors to build wealthin multiple ways with minimum barriers to entry.Solar farms are just one of the many ways to profit from vacant land.A solar farm produces electricity.
  • Solar farms are power stations that employ many massive solar panels.
  • Instead of solar panels placed on the rooftops, they attach to stands on the ground in rows.

Why Solar Farms May Be The New 'It" Industry

Retrieved on: 
Tuesday, August 3, 2021

PALM BEACH, Fla., Aug. 3, 2021 /PRNewswire/ -- As long as the sun shines, we will have a source for clean solar power. Many experts agree that solar farms are the new "it" industry. With renewable energy and limited natural resources such a hot topic, the solar industry proves itself as one of the fastest growing markets today. Capitalizing on the forecasted success of solar farms allows investors to build wealth in multiple ways with minimum barriers to entry. Solar farms are just one of the many ways to profit from vacant land. A solar farm produces electricity. Instead of growing plants, they plant solar panels. And instead of a grocery store or farmer's market, the farmer sells the electricity to the utility companies that supply electricity to the grid. Some households and businesses have rooftop and backyard solar panels. These panels use photovoltaics (conversion of light into electricity using semiconducting materials). In keeping up with our earlier analogy. The difference between these rooftop panels and a solar farm, is the difference between a garden and a farm.Active Companies in the markets today include Green Stream Holdings Inc. (OTCPK: GSFI), First Solar, Inc. (NASDAQ: FSLR), JinkoSolar Holding Co., Ltd. (NYSE: JKS), Duke Energy (NYSE: DUK), SunPower Corp. (NASDAQ: SPWR).

Key Points: 
  • With renewable energy and limited natural resources such a hot topic, the solar industry proves itself as one of the fastest growing markets today.
  • Capitalizing on the forecasted success of solar farms allows investors to build wealthin multiple ways with minimum barriers to entry.Solar farms are just one of the many ways to profit from vacant land.A solar farm produces electricity.
  • Solar farms are power stations that employ many massive solar panels.
  • Instead of solar panels placed on the rooftops, they attach to stands on the ground in rows.

KBR and Petron Scientech Inc Sign Alliance Agreement to License Sustainable Technologies

Retrieved on: 
Tuesday, August 3, 2021

HOUSTON, Aug. 3, 2021 /PRNewswire/ -- KBR (NYSE: KBR) and Petron Scientech Inc. (PSI) announced today that they have signed an alliance agreement to license differentiated, energy-efficient, and sustainable technologies for renewable chemicals production.

Key Points: 
  • HOUSTON, Aug. 3, 2021 /PRNewswire/ -- KBR (NYSE: KBR) and Petron Scientech Inc. (PSI) announced today that they have signed an alliance agreement to license differentiated, energy-efficient, and sustainable technologies for renewable chemicals production.
  • PSI has developed these technologies over the past 30 years and is recognized as a leader in renewable ethanol and ethylene value chains and biorefineries.
  • KBR will license these technologies and provide engineering services for new biorefineries as well as integrating the technologies in existing refineries and petrochemical plants to offer sustainable alternatives.
  • "We are excited to announce the alliance agreement with PSI for these differentiated ethanol and ethylene value chain technologies," said Doug Kelly, KBR President, Technology.

Renewable Energy Partner Joins Sheppard Mullin in San Diego

Retrieved on: 
Monday, August 2, 2021

He is the 16th lateral partner to join Sheppard Mullin in 2021.

Key Points: 
  • He is the 16th lateral partner to join Sheppard Mullin in 2021.
  • We are seeing an increasing demand from clients who need assistance with renewable energy project agreements, and Tony is an experienced and savvy energy lawyer, said Jon Newby, vice chairman of Sheppard Mullin.
  • Our energy team has grown significantly the past few years and is busy across the board, so Tony is a welcome addition.
  • Girolami primarily focuses on project agreements for renewable energy transactions that are essential to energy project development and finance.

CVS Health, Target & Walmart Together Launch In-store Pilots & Tests of New Design Solutions to Combat Plastic Waste

Retrieved on: 
Monday, August 2, 2021

The partnership among leading retailers' different stores sets an exciting precedent; collaboration will help accelerate pathways to scale and help address the systemic challenge of plastic bag waste.

Key Points: 
  • The partnership among leading retailers' different stores sets an exciting precedent; collaboration will help accelerate pathways to scale and help address the systemic challenge of plastic bag waste.
  • In addition to the in-store pilots, other winning solutions from the Beyond the Bag Challenge will be piloted and tested in different contexts.
  • Minimizing plastic waste, in particular, depends on collaboration and cooperation across the retail industry," says Jane Ewing, Senior Vice President of Sustainability at Walmart.
  • Closed Loop Partners' Center for the Circular Economy launched the initiative with Founding Partners CVS Health, Target and Walmart.

Longroad Energy Completes Financing of Maine Distributed Generation Portfolio

Retrieved on: 
Monday, August 2, 2021

PORTLAND, Maine, Aug. 2, 2021 /PRNewswire/ -- Longroad Energy, a US-based renewable energy developer, owner and operator, announced today the financing and beginning of the construction of four distributed solar projects in Maine.These projects are part of the Net Energy Billing (NEB) program that was put in place in 2019 under the leadership of the Mills Administration and the Maine Legislature.Longroad owns 100 percent of each project.The projects have been under development by Longroad for over two years.

Key Points: 
  • PORTLAND, Maine, Aug. 2, 2021 /PRNewswire/ -- Longroad Energy, a US-based renewable energy developer, owner and operator, announced today the financing and beginning of the construction of four distributed solar projects in Maine.These projects are part of the Net Energy Billing (NEB) program that was put in place in 2019 under the leadership of the Mills Administration and the Maine Legislature.Longroad owns 100 percent of each project.The projects have been under development by Longroad for over two years.
  • "Getting these projects financed and into construction is an important milestone," said Portland, Maine-based Matt Kearns, Chief Development Officer of Longroad Energy.
  • "We were honored to have another opportunity to support Longroad Energy with project financing and, by extension, help the state of Maine achieve progress toward reaching its ambitious clean-energy goals," said Takaki Sakai, managing director of project finance at MUFG.
  • In addition to these four projects, Longroad has 14 other distributed solar projects under development in Maine.

Negative-Carbon Heating Fuel Coming Soon to U.S. Homes

Retrieved on: 
Monday, August 2, 2021

Residents of Lincoln, Maine won't have to imagine for long soon such a fuel will be produced in their community.

Key Points: 
  • Residents of Lincoln, Maine won't have to imagine for long soon such a fuel will be produced in their community.
  • The plant will convert forest waste into a biofuel called ethyl levulinate (EL), which can replace heating oil or be blended into it alongside other renewable fuels.
  • In 2020, Sprague Resources, one of the largest heating oil wholesalers in the Northeast, announced a purchase agreement with BDNE.
  • Sprague will buy a significant portion of the EL produced in Lincoln, and with an extensive terminal network, is positioned to supply the renewable fuel to heating oil dealers across the region.

LG Energy Solution gets ambitious with ESG vision

Retrieved on: 
Sunday, August 1, 2021

"ESG management is a new opportunity for LG Energy Solution in seeking to expand its business reach.

Key Points: 
  • "ESG management is a new opportunity for LG Energy Solution in seeking to expand its business reach.
  • "LG Energy Solution will accelerate efforts to innovatively transform human lives with its ESG management."
  • To achieve that goal, LG Energy Solution will convert to renewable energyand improve energy efficiency by utilizing high-performance equipment at its operation sites.
  • LG Energy Solution will completely transition its use of electricity to renewable energy at all of its business operations by 2030.

DEEP Closes Private Placement of $4,515,885, Including a Strategic Investment by PHX Energy Services Corp. of $3M

Retrieved on: 
Thursday, July 29, 2021

PHX Energy Services Corp. ("PHX Energy) (TSX: PHX) announced on July 20, 2021 that it had made a strategic investment in DEEP.

Key Points: 
  • PHX Energy Services Corp. ("PHX Energy) (TSX: PHX) announced on July 20, 2021 that it had made a strategic investment in DEEP.
  • PHX Energys investment in DEEP is $3,000,500 with a provision for another $3,500,000 of equity upon the potential exercise of warrants held by PHX Energy.
  • In addition to participating in DEEPs latest financing round, John Hooks, CEO of PHX Energy, has joined DEEPs Board of Directors.
  • About DEEP Earth Energy Production:
    DEEP is developing geothermal resources to meet increasing energy needs with sustainable, clean and renewable energy.

Greenbacker Capital Announces Investment in Commonwealth Energy Partners

Retrieved on: 
Thursday, July 29, 2021

NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) -- Greenbacker Capital Management, LLC (Greenbacker Capital or Greenbacker), a leader in sustainable infrastructure investment, announced today that, through an affiliated fund (the Fund), it has made a strategic investment in Commonwealth Energy Partners (CEP), through the companys subsidiary CEP Solar.

Key Points: 
  • NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) -- Greenbacker Capital Management, LLC (Greenbacker Capital or Greenbacker), a leader in sustainable infrastructure investment, announced today that, through an affiliated fund (the Fund), it has made a strategic investment in Commonwealth Energy Partners (CEP), through the companys subsidiary CEP Solar.
  • Commonwealth was advised by GreenFront Energy Partners, an investment banking and advisory firm focused on sustainable infrastructure and renewable energy.
  • Greenbacker Capital Management LLC is an SEC registered investment adviser that provides advisory and oversight services related to project development, acquisition, and operations in the renewable energy, energy efficiency, and sustainability industries.
  • Commonwealth Energy Partners, LLC is a clean energy company based in Richmond, Virginia that partners with landowners, communities, and customers to originate and manage best-in-class solar and storage projects across the Commonwealth of Virginia to deliver long-term economic and environmental benefits for the Commonwealth.