Energy Policy Act of 2005

Sunnova Signs $3.0 Billion Loan Guarantee Agreement with U.S. Department of Energy to Expand Clean Energy Access

Retrieved on: 
Thursday, September 28, 2023

Each energy system will include access to Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.

Key Points: 
  • Each energy system will include access to Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.
  • “Today marks the beginning of an exciting chapter in our pursuit of a cleaner and more equitable energy landscape.
  • Sunnova anticipates the loan guarantee agreement will support over an estimated $5.0 billion in Sunnova loan originations, reduce the company’s weighted average cost of capital, and generate interest savings.
  • The DOE loan guarantee agreement is issued pursuant to Title XVII of the Energy Policy Act of 2005.

Blue Biofuels Reveals the Highly Positive Impact of the Inflation Reduction Act on Its Business Outlook

Retrieved on: 
Tuesday, July 25, 2023

Blue Biofuels (the “Company”) would like to update its shareholders on the recently passed Inflation Reduction Act and its impact on the Company.

Key Points: 
  • Blue Biofuels (the “Company”) would like to update its shareholders on the recently passed Inflation Reduction Act and its impact on the Company.
  • The Inflation Reduction Act passed on August 16, 2022, and clarified this year by the Biden Administration, provides additional fuel credits.
  • Section 45Z of the Inflation Reduction Act offers a Clean Fuel Production Credits (CFPC) per gallon of transportation fuel produced.
  • Blue Biofuels offers a unique path to making SAF that belongs only to Blue Biofuels.

Sunnova Announces $3 Billion U.S. Department of Energy Conditional Commitment to Expand Clean Energy Access and Lay Foundation for Virtual Power Plant Capabilities

Retrieved on: 
Thursday, April 20, 2023

To be eligible, each energy system must be outfitted with Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.

Key Points: 
  • To be eligible, each energy system must be outfitted with Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.
  • Sunnova believes this approach is expected to expand access to Sunnova’s EaaS offerings, lay the foundation for future virtual power plant (VPP) activities, decrease greenhouse gas emissions, and increase the demand response impact of residential power systems.
  • “Project Hestia would make possible a historic private sector investment in disadvantaged American communities and energy infrastructure,” said William J.
  • Baker Botts acted as legal advisor to Sunnova and Kramer Levin acted as legal advisor to the financial advisors.

DESERT MOUNTAIN ADOPTS ADVANCE NOTICE POLICY

Retrieved on: 
Monday, March 27, 2023

Desert Mountain Energy Corp.'s ("DME" or the "Company") has is pleased to announce the approval by its Board of Directors effective today of the adoption of an advance notice policy (the "Policy") that requires advance notice to the Company in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of the B.C.

Key Points: 
  • Desert Mountain Energy Corp.'s ("DME" or the "Company") has is pleased to announce the approval by its Board of Directors effective today of the adoption of an advance notice policy (the "Policy") that requires advance notice to the Company in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of the B.C.
  • In accordance with the terms of the Advance Notice Policy, the Advance Notice Policy will be put to shareholders of the Company for approval at next year's annual general meeting.
  • If the Advance Notice Policy is not confirmed at that time by ordinary resolution of shareholders, then the Advance Notice Policy will terminate and be of no further force and effect following the termination of that meeting.
  • A copy of the Advance Notice Policy is also available on SEDAR under the Company's profile at www.sedar.com .

Calumet Reaches Key Application Milestone for Loan Guarantee from the U.S. Department of Energy

Retrieved on: 
Monday, March 27, 2023

INDIANAPOLIS, March 27, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) announced today that its Montana Renewables subsidiary has been invited by the U.S. Department of Energy to submit a Part II Application for a $600 million loan guarantee through the Title XVII Innovative Clean Energy Loan Guarantee Program.

Key Points: 
  • INDIANAPOLIS, March 27, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) announced today that its Montana Renewables subsidiary has been invited by the U.S. Department of Energy to submit a Part II Application for a $600 million loan guarantee through the Title XVII Innovative Clean Energy Loan Guarantee Program.
  • Achieving this invitation to the Part II process is a key milestone for Calumet in the Department of Energy's Loan Programs Office ("LPO") process.
  • The foregoing matters are wholly dependent on the results of DOE review and evaluation of a Part II Application, and DOE's determination whether to proceed.
  • "On behalf of all of Calumet, we thank the LPO for the opportunity to advance to Phase II of the loan application process," said Bruce Fleming, CEO of Montana Renewables, LLC ("MRL").

Falcon Air Conditioning Announces the Inflation Reduction Act is Saving the Average American Household Up to $22,000 Over 10 Years.

Retrieved on: 
Wednesday, January 25, 2023

MESA, UNITED STATES, Jan. 25, 2023 (GLOBE NEWSWIRE) -- The Inflation Reduction Act of 2022 can save the average American household up to $2,200 per year over a 10-year period.

Key Points: 
  • MESA, UNITED STATES, Jan. 25, 2023 (GLOBE NEWSWIRE) -- The Inflation Reduction Act of 2022 can save the average American household up to $2,200 per year over a 10-year period.
  • The Inflation Reduction Act provides homeowners in the United States, who have installed heat pumps in their residences.
  • In addition to the rebates, the Inflation Reduction Act includes incentives for heat pumps and other green home improvements.
  • Call Falcon Air Conditioning in Mesa, AZ today for all your HVAC needs.

FTC Issues Annual Report on Ethanol Market Concentration 2022

Retrieved on: 
Saturday, December 3, 2022

The Federal Trade Commission has issued its 2022 Report on Ethanol Market Concentration.

Key Points: 
  • The Federal Trade Commission has issued its 2022 Report on Ethanol Market Concentration.
  • The Energy Policy Act of 2005 directs the Commission to perform an annual review of market concentration in the ethanol production industry to determine whether there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior.
  • As in prior years, the 2022 report concludes that [t]he low level of concentration and large number of market participants in the U.S. ethanol production industry continue to suggest that the exercise of market power to set prices, or coordinate on price or output levels, is unlikely on a nationwide basis.
  • For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.

FTC Issues Annual Report on Ethanol Market Concentration 2022

Retrieved on: 
Saturday, December 3, 2022

The Federal Trade Commission has issued its 2022 Report on Ethanol Market Concentration.

Key Points: 
  • The Federal Trade Commission has issued its 2022 Report on Ethanol Market Concentration.
  • The Energy Policy Act of 2005 directs the Commission to perform an annual review of market concentration in the ethanol production industry to determine whether there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior.
  • As in prior years, the 2022 report concludes that [t]he low level of concentration and large number of market participants in the U.S. ethanol production industry continue to suggest that the exercise of market power to set prices, or coordinate on price or output levels, is unlikely on a nationwide basis.
  • For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.

Bakken Energy Reaches Key Application Milestone for $1.7b Loan Guarantee From the U.S. Department of Energy

Retrieved on: 
Wednesday, September 28, 2022

Bakken Energy, through its subsidiary Great Plains Hydrogen, LLC, has been invited by the U.S. Department of Energys Loan Programs Office (LPO) to submit a Part II application under the Title XVII Innovative Clean Energy Loan Guarantee Program.

Key Points: 
  • Bakken Energy, through its subsidiary Great Plains Hydrogen, LLC, has been invited by the U.S. Department of Energys Loan Programs Office (LPO) to submit a Part II application under the Title XVII Innovative Clean Energy Loan Guarantee Program.
  • The invitation is an important milestone in Bakkens process in applying for DOE financing for $1.7 billion of Bakkens $2.35 billion clean hydrogen project.
  • Achieving this invitation to the Part II process is a key milestone for Bakken in the Department of Energys LPO process.
  • Bakken Energy will capture natural gas that would otherwise be flared and convert it into clean hydrogen.

GFG Announces Private Placement Financing of up to C$2.0 Million

Retrieved on: 
Tuesday, August 30, 2022

SASKATOON, Saskatchewan, Aug. 30, 2022 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces a private placement to raise gross proceeds of up to C$2.0 million (the “Offering”).

Key Points: 
  • The Offering is being made by way of private placement in Canada and such other jurisdictions as the Company may determine.
  • The Company may pay finder's fees on a portion of the Offering of up to 6% of the aggregate gross proceeds raised.
  • The finder's fees shall be paid in accordance with applicable securities laws and the policies of the TSX Venture Exchange.
  • GFG is a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming.