Technological change

Balanced Rock Power Completes Funding

Retrieved on: 
Wednesday, August 4, 2021

MOAB, Utah, Aug. 4, 2021 /PRNewswire/ -- Balanced Rock Power ("BRP") announced today a major milestone in completing its transaction with SG Energy, an Israeli originated renewables energy company investing in the United States, that establishes a long-term partnership and supports BRP's growth in the US renewable business.

Key Points: 
  • MOAB, Utah, Aug. 4, 2021 /PRNewswire/ -- Balanced Rock Power ("BRP") announced today a major milestone in completing its transaction with SG Energy, an Israeli originated renewables energy company investing in the United States, that establishes a long-term partnership and supports BRP's growth in the US renewable business.
  • The partnership includes an equity investment in BRP, the funding of ongoing development activities, and a letter of credit facility to support the development of projects in the United States.
  • "Balanced Rock Power's team has deep experience in the utility markets throughout the United States.
  • "We are thrilled to partner with Balanced Rock Power to scale its development efforts across the United States," said SG Energy VP Business Development Yuval Bar-Yosef.

Rolwind is at the forefront of renewables with 5GW managed across nearly 300 projects

Retrieved on: 
Wednesday, August 4, 2021

During the past 15 years, Rolwind has taken part in more than 210 wind farms, and 60 photovoltaic plants.

Key Points: 
  • During the past 15 years, Rolwind has taken part in more than 210 wind farms, and 60 photovoltaic plants.
  • Rolwind has managed and developed a total of 5 GW of power, both nationally and internationally.
  • Rolwind brings valuable know-how to the European green revolution through its experience, agreements with major multinational companies, and projects in the various fields of renewable energies.
  • For Rolwind, the key to unlocking decarbonisation targets lies in incorporating multiple sources of renewables: wind, photovoltaic, green hydrogen, storage and charging points for electric vehicles.

Green Stream Holdings’ Nationally Recognized Solar Engineering to Provide a 4th Feasibility Study for Multi Meg Solar Farms

Retrieved on: 
Tuesday, August 3, 2021

The Company previously announced in July that they engaged with KMB, a nationally known, full-service engineering solutions provider with extensive international expertise in the solar renewable energy field providing photovoltaic design and engineering services, to assist Green Stream Holdings to install three ground-mount solar farms.

Key Points: 
  • The Company previously announced in July that they engaged with KMB, a nationally known, full-service engineering solutions provider with extensive international expertise in the solar renewable energy field providing photovoltaic design and engineering services, to assist Green Stream Holdings to install three ground-mount solar farms.
  • KMB was initially hired to conduct solar feasibility studies for three separate locations in the State of New York.
  • We are a service engineering solutions provider licensed in all 50 states of the United States and in Europe.
  • The Company is currently targeting high-growth solar market segments for its advanced solar greenhouse and advanced solar battery products.

PosiGen Hires New Chief Technology Officer

Retrieved on: 
Tuesday, August 3, 2021

NEW ORLEANS, Aug. 3, 2021 /PRNewswire/ --PosiGen, the nation's leading provider of renewable energy and energy efficiency solutions for low-to-moderate income homeowners, is proud to announce the addition of Naren Yendluri as Chief Technology Officer.

Key Points: 
  • NEW ORLEANS, Aug. 3, 2021 /PRNewswire/ --PosiGen, the nation's leading provider of renewable energy and energy efficiency solutions for low-to-moderate income homeowners, is proud to announce the addition of Naren Yendluri as Chief Technology Officer.
  • As PosiGen's Chief Technology Officer, Naren will lead a diverse and inclusive team to build software and technology platforms that are scalable and secure and enable the company's continued hyper-growth.
  • His focus will be to leverage cutting edge technology to deliver best in class experience for Customers, Partners and Employees.
  • "Naren's experience, expertise and passion make him well-suited to lead the technology build-out PosiGen needs to continue our nationwide expansion," says Tom Neyhart, PosiGen CEO.

CETY Finalizes Agreement on $15M Renewable Energy Facility in Ashfield Mass.

Retrieved on: 
Tuesday, August 3, 2021

The Ashfield facility will convert approximately 10,000 tons per year of clean woody feedstock into an estimated 16,500 MWh electricity/year.

Key Points: 
  • The Ashfield facility will convert approximately 10,000 tons per year of clean woody feedstock into an estimated 16,500 MWh electricity/year.
  • This renewable energy project will be operated from within the newly formed company and will be funded through the special purpose vehicle Ashfield Renewable Ag Development, LLC.
  • Within the agreement, the parties have agreed that CETY will hold all rights to Power Purchase Agreement Revenues, feedstock, site control, and approved grid.
  • CETY designs, produces, and markets clean energy products & solutions focused on energy efficiency and renewable energy.

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.

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.

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.

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.