ACORE

Ray Long Selected as the American Council on Renewable Energy's New President and CEO

Retrieved on: 
Monday, October 16, 2023
Gresham, Multimedia, Government, Senior, Vermont Energy Investment Corporation, Sharpening stone, American Council on Renewable Energy, NRG, American Council, J. P. Morgan, Growth, Public policy, Federation, Policy, Berkshire Hathaway Energy, ACORE, Acceleration, Research, Regulatory affairs, Management, Renewable energy

WASHINGTON, Oct. 16, 2023 /PRNewswire-PRWeb/ -- The American Council on Renewable Energy (ACORE) announced today that esteemed renewable industry leader Ray Long will serve as the organization's new President and Chief Executive Officer starting in early December. Long was unanimously approved by ACORE's Board of Directors to succeed Gregory Wetstone, who announced earlier this year he was stepping down in 2023 after an impressive eight-year tenure at the organization.

Key Points: 
  • WASHINGTON, Oct. 16, 2023 /PRNewswire-PRWeb/ -- The American Council on Renewable Energy (ACORE) announced today that esteemed renewable industry leader Ray Long will serve as the organization's new President and Chief Executive Officer starting in early December.
  • "I am grateful to the ACORE board for this opportunity, and look forward to working alongside the remarkable and dedicated people at ACORE," said incoming ACORE President and CEO Ray Long.
  • Long has more than 25 years of experience and success leading campaigns and initiatives in the energy and renewables sector.
  • Alex Hobson, The American Council on Renewable Energy, 202.594.0706, [email protected] , acore.org
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Alpha Motor Corporation Announces Appointment of Todd Foley as Government Relations Policy Advisor

Retrieved on: 
Tuesday, September 26, 2023
White House, SEPA, International Solar Alliance, American University, Partnership, Senate, Senior, SEIA, American Council, Washington College, Government, White, OSHA, EPA, Alpha Motor Corporation, United States Senate, BP, United States Environmental Protection Agency, Occupational Safety and Health Administration, Washington College of Law, Knowledge, American Council on Renewable Energy, Growth, Occupational safety and health, Transport, BP Solar, Renewable energy, ACORE, Policy

IRVINE, Calif., Sept. 26, 2023 /PRNewswire/ -- Alpha Motor Corporation is pleased to announce the appointment of Todd Foley as Government Relations Policy Advisor.

Key Points: 
  • IRVINE, Calif., Sept. 26, 2023 /PRNewswire/ -- Alpha Motor Corporation is pleased to announce the appointment of Todd Foley as Government Relations Policy Advisor.
  • Prior to that, Mr. Foley served as Senior Vice President for Policy, Government and International Relations and Strategy at the American Council on Renewable Energy (ACORE), the leading organization representing the renewable energy industry.
  • His extensive background in energy and technology policy, coupled with his commitment to sustainability, makes him a valuable addition to the Alpha Motor Corporation team.
  • "We are delighted to welcome Todd Foley to Alpha Motor Corporation," said Edward Lee, Founder and CEO at Alpha Motor Corporation.

ICR Hosts ACORE Capital CEO Warren de Haan on the Welcome to the Arena Podcast

Retrieved on: 
Wednesday, September 13, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Entertainment, Public Relations, Investor Relations, Consulting, Banking, Communications, Professional Services, Podcast, CFOS, Apple Podcasts, ICR, Google Podcasts, ACORE, Spotify

ICR , a leading strategic communications and advisory firm, is pleased to announce that Warren de Haan, CEO of ACORE Capital, LP (“ACORE”), one of the leading U.S. commercial real estate debt managers, recently appeared on Episode 92 of ICR’s “Welcome to the Arena” podcast.

Key Points: 
  • ICR , a leading strategic communications and advisory firm, is pleased to announce that Warren de Haan, CEO of ACORE Capital, LP (“ACORE”), one of the leading U.S. commercial real estate debt managers, recently appeared on Episode 92 of ICR’s “Welcome to the Arena” podcast.
  • Welcome to the Arena is hosted by Tom Ryan, Co-Founder & CEO of ICR.
  • Tom spoke with Warren about his path to the hospitality industry, how the economic climate influenced the founding of ACORE, the current state of the commercial real estate debt market, and more.
  • The Welcome to the Arena podcast has featured discussions with CEOs, CFOs, financial analysts, members of the media, investment bankers, private equity executives and others who influence and create value for public and private-equity backed companies.

CleanCapital selects Dock Energy Inc. to manage clean energy technology platform

Retrieved on: 
Tuesday, September 5, 2023
Insurance, Inflation, Entrepreneurship, ACORE, Inflation Reduction Act of 2022, IEA, Investment, IRA, Software, Cryptocurrency, Dock

NEW YORK, Sept. 5, 2023 /PRNewswire-PRWeb/ -- CleanCapital, a diversified clean energy company focused on middle-market solar and storage, today announced it has selected Dock Energy Inc., an innovative climate technology start-up, to own and manage its clean energy transaction and asset management technology platform. Formerly incubated at CleanCapital, the updated platform will now be marketed as Dock.energy and further developed by the Dock team.

Key Points: 
  • NEW YORK, Sept. 5, 2023 /PRNewswire-PRWeb/ -- CleanCapital , a diversified clean energy company focused on middle-market solar and storage, today announced it has selected Dock Energy Inc. , an innovative climate technology start-up, to own and manage its clean energy transaction and asset management technology platform.
  • The Dock platform was originally conceived by CleanCapital in 2018, designed by its visionary founders to streamline clean energy transactions and simplify project development and asset management processes.
  • Founded in 2015 as a technology-centric investment platform, we developed the proprietary technology we needed to efficiently diligence and manage clean energy assets.
  • The launch of the Dock.energy software and services platform is representative of dual growing trends in the clean energy industry: increasing investment in both clean energy and climate technology.

ACORE Capital Hires Insurance Investment Leader Andrew Terry as Managing Director

Retrieved on: 
Monday, July 10, 2023
Commercial Building & Real Estate, Construction & Property, Insurance, Finance, Banking, REIT, Professional Services, Building Systems, Residential Building & Real Estate, Other Professional Services, Senior, AllianceBernstein, Consultant, Head, ACORE, BlackRock, Infrastructure Client Group, Hamilton College, Financial services, Schroders, Economics

ACORE Capital, LP (“ACORE”), one of the leading U.S. commercial real estate debt managers, is pleased to announce that Andrew Terry, former Head of Insurance at Schroders, has joined the firm as a Managing Director.

Key Points: 
  • ACORE Capital, LP (“ACORE”), one of the leading U.S. commercial real estate debt managers, is pleased to announce that Andrew Terry, former Head of Insurance at Schroders, has joined the firm as a Managing Director.
  • He will report to Michael Romo, Senior Managing Director and Head of Capital Raising.
  • “Andrew is a unique talent with deep relationships throughout the insurance industry,” said Warren de Haan, CEO of ACORE.
  • “ACORE has built a leading commercial real estate business that benefits from a sterling reputation and track record among insurance companies,” said Terry.

Renewable Energy Projects Trapped in PJM's Interconnection Queue Would Create Thousands of New Jobs, Billions in Capital Investment

Retrieved on: 
Wednesday, June 28, 2023
Natural Resources Defense Council, Sustainability, Criminal defense lawyer, PJM, Electricity, ACORE, American Council, Wind, FERC, Federal Energy Regulatory Commission, Inflation, Engineering, Natural Resources, NRDC, Power, American Council on Renewable Energy, Inflation Reduction Act of 2022, Policy, Renewable energy, Electric power

WASHINGTON, June 28, 2023 /PRNewswire-PRWeb/ -- The low-cost, clean power that American businesses and homeowners are demanding is ready for deployment, but thousands of renewable energy projects are stuck in grid interconnection queues across the country, facing long delays and rising costs. Nearly all the active projects currently seeking grid connection across America are wind, solar, and battery storage projects that, if developed, could help meet decarbonization targets, create new jobs, and drive significant capital investment.

Key Points: 
  • Nearly all the active projects currently seeking grid connection across America are wind, solar, and battery storage projects that, if developed, could help meet decarbonization targets, create new jobs, and drive significant capital investment.
  • In a first-of-its-kind analysis being released today, the American Council on Renewable Energy (ACORE) quantified the potential economic benefits of the onshore renewable energy projects awaiting grid connection in PJM, the largest electricity market in the United States.
  • ACORE's new analysis focuses on the 2,003 renewable energy projects in this transition cycle for PJM and includes a state-by-state breakdown of the potential job creation and capital investment these projects can deliver.
  • "Unlocking the interconnection queue is key for states to realize well-paid, green jobs and economic opportunities under the Inflation Reduction Act."

Bluestar Energy Capital Appoints Ben Pratt as CEO of its US Renewables Development Platform, Nova Clean Energy

Retrieved on: 
Tuesday, June 27, 2023
Alternative Energy, Energy, Other Energy, Utilities, Blue star, ERCOT, Senior, ACORE, Pratt, American Council, WECC, Wind, American Council on Renewable Energy, MISO, Renewable energy, Management

Bluestar Energy Capital (‘Bluestar’ or ‘the Company’) today announced the appointment of Ben Pratt as CEO of its United States renewable development platform, Nova Clean Energy.

Key Points: 
  • Bluestar Energy Capital (‘Bluestar’ or ‘the Company’) today announced the appointment of Ben Pratt as CEO of its United States renewable development platform, Nova Clean Energy.
  • He will be based in Nova Clean Energy’s Chicago headquarters.
  • “Ben’s deep understanding of U.S. energy markets and proven leadership capability make him an ideal fit as CEO of Nova Clean Energy as we continue to execute our ambitious business plan,” commented Bluestar Energy Capital Founder and CEO Declan Flanagan.
  • “It’s particularly important that Nova is backed by shareholders who take a long-term view of the market.

New Survey: 100% of Renewable Investors Perceive U.S. Market Increasing in Attractiveness Compared to Other Leading Countries Post-IRA

Retrieved on: 
Wednesday, June 7, 2023
PJM, Policy, Inflation, American Council on Renewable Energy, ACORE, Inflation Reduction Act of 2022, ESG, ERCOT, CAISO, American Council, IRA, MISO, Renewable energy, Public utility, Asset management

NEW YORK, June 7, 2023 /PRNewswire-PRWeb/ --  A new analysis released today by the American Council on Renewable Energy (ACORE) assesses how the Inflation Reduction Act (IRA) is impacting the near- and mid-term outlooks of some of the most prominent investors and developers in the renewable energy sector. The report, Expectations for Renewable Energy Finance in 2023-2026, also presents survey results addressing the headwinds currently hindering the rate of clean energy development and the potential impacts of new and different financing structures, such as transferable tax credits, on the market over the next three years.

Key Points: 
  • All surveyed developers and most investors said they plan to increase their activity in the U.S. renewable energy sector compared to last year, with 84% of investors planning to increase their U.S. renewable energy investment by 5% or more.
  • For the first time in the six years ACORE has conducted investor surveys, investors unanimously expect the U.S. to increase in attractiveness for renewable energy investment in 2023-2026 compared to other countries.
  • Most investors (83%) expect the attractiveness of renewable energy to moderately or significantly increase compared to other asset classes in their portfolios in 2023-2026.
  • None of the investors surveyed expect the attractiveness of renewable energy to decrease.

New Analysis Finds Annual Matching Requirement for Hydrogen Production Will Not Raise Emissions and Will Avoid Cost Barriers

Retrieved on: 
Wednesday, April 19, 2023
Hydrogen, PJM, Hourly worker, PTC, Electricity, Energy, GHG, American Council, Carbon, IRA, SPP, Wind, Inflation, Department of the Treasury, Analysis, American Council on Renewable Energy, Inflation Reduction Act of 2022, Environmental economics, Hydrogen production, Renewable energy, Financial adviser, Oil, ERCOT, ACORE

WASHINGTON, April 19, 2023 /PRNewswire-PRWeb/ -- As the U.S. Treasury Department designs the guidance that will determine which projects qualify for the 45V clean hydrogen Production Tax Credit (PTC) included in the Inflation Reduction Act (IRA), a new analysis from the American Council on Renewable Energy (ACORE) and Energy and Environmental Economics, Inc. (E3) compares the carbon emissions and production costs associated with the two primary accounting approaches: an "hourly match" requirement versus an "annual match" requirement.

Key Points: 
  • The report, Analysis of Hourly & Annual GHG Emissions: Accounting for Hydrogen Production , finds that the annual matching approach leads to lower carbon emissions than hourly matching in 25 out of the 40 scenarios studied.
  • Additionally, in all scenarios – across electricity markets, renewable combinations, and study periods – hydrogen production costs are significantly higher under an hourly matching requirement compared to an annual matching requirement with similar net CO₂ emissions.
  • A market breakdown shows:
    In PJM, hydrogen produced under the hourly matching requirement could cost up to 61% more than hydrogen produced under the annual matching requirement.
  • The report draws the following key conclusions:
    An hourly matching requirement does not ensure lower greenhouse gas (GHG) emissions relative to an annual matching requirement, and in many cases is less effective at eliminating carbon emissions than annual matching.

ACORE Welcomes Third Cohort of Accelerate Member Companies

Retrieved on: 
Tuesday, March 7, 2023
American Council, ACORE, Copac, Historically black colleges and universities, Acceleration, Woman, Education, Silent Scope 2, American Council on Renewable Energy, Water, Wind, Renewable energy, Broadcasting, Diversity

WASHINGTON, March 7, 2023 /PRNewswire-PRWeb/ -- The American Council on Renewable Energy (ACORE) announced today that eight companies have been selected to join the ACORE Accelerate Membership Program as part of its third cohort, which will extend from 2023-2025.

Key Points: 
  • The American Council on Renewable Energy (ACORE) announced today that eight companies have been selected to join the ACORE Accelerate Membership Program as part of its third cohort, which will extend from 2023-2025.
  • WASHINGTON, March 7, 2023 /PRNewswire-PRWeb/ -- The American Council on Renewable Energy (ACORE) announced today that eight companies have been selected to join the ACORE Accelerate Membership Program as part of its third cohort, which will extend from 2023-2025.
  • The companies joining the ACORE Accelerate Membership Program's third cohort are:
    Brevian Energy , based in Vista, California, a commercial microgrid solutions provider with a mission to bring affordable, reliable, renewable power to homes, businesses, and communities.
  • "ACORE is excited to welcome the third cohort of promising Accelerate member companies to our organization," said ACORE President and CEO Gregory Wetstone.