Technological change

Global Solar Power Market Expected to Exceed $290 Billion In 2028 As Demand Explodes

Retrieved on: 
Wednesday, July 14, 2021
Articles, Energy, Photovoltaics, Energy conversion, Renewable energy, Technological change, Photovoltaic system, Solar power, Solar panel, Energy development, Solar power by country

PALM BEACH, Fla., July 14, 2021 /PRNewswire/ -- The sun rises every day, and every day so does the global solar power market.

Key Points: 
  • PALM BEACH, Fla., July 14, 2021 /PRNewswire/ -- The sun rises every day, and every day so does the global solar power market.
  • Solar power is the cleanest and most plentiful renewable energy source present on the planet.
  • A recent report from Grand View Research said that the U.S. solar PV market is expected to witness significant growth on account of growing demand in commercial and residential segments.
  • Furthermore, technological advancements in solar PV module manufacturing coupled with declining raw material prices are expected to be key market drivers."

Global Solar Power Market Expected to Exceed $290 Billion In 2028 As Demand Explodes

Retrieved on: 
Wednesday, July 14, 2021
Articles, Energy, Photovoltaics, Energy conversion, Renewable energy, Technological change, Photovoltaic system, Solar power, Solar panel, Energy development, Solar power by country

PALM BEACH, Fla., July 14, 2021 /PRNewswire/ -- The sun rises every day, and every day so does the global solar power market.

Key Points: 
  • PALM BEACH, Fla., July 14, 2021 /PRNewswire/ -- The sun rises every day, and every day so does the global solar power market.
  • Solar power is the cleanest and most plentiful renewable energy source present on the planet.
  • A recent report from Grand View Research said that the U.S. solar PV market is expected to witness significant growth on account of growing demand in commercial and residential segments.
  • Furthermore, technological advancements in solar PV module manufacturing coupled with declining raw material prices are expected to be key market drivers."

Energea Unveils First Domestic Renewable Energy Portfolio

Retrieved on: 
Tuesday, July 13, 2021
Articles, Energy, Bright green environmentalism, Low-carbon economy, Renewable energy, Renewable energy technology, Technological change, Energy policy, Renewable energy in Australia, Feed-in tariff

Additional renewable energy projects throughout the Northeast and Virginia are currently in the pipeline and will be folded into the portfolio as additional investors come forward, he said.

Key Points: 
  • Additional renewable energy projects throughout the Northeast and Virginia are currently in the pipeline and will be folded into the portfolio as additional investors come forward, he said.
  • Energea is a renewable energy developer and portfolio manager that connects investors to premium projects in select global markets.
  • The company manages capital from individual, corporate and institutional investors, and currently manages more than $100 million in renewable energy projects which generate more than 70 megawatts of carbon-free energy across three continents.
  • Energea has developed an online investment platform that makes investing in renewable energy accessible to any U.S. investor, unlocking a crucial source of capital to combat climate change.

Leeward Renewable Energy Closes $375 Million Green Bond Offering and $100 Million Revolving Credit Facility

Retrieved on: 
Tuesday, July 13, 2021
Alternative energy, Energy, Utilities, Articles, Financial District, San Francisco, Bright green environmentalism, Low-carbon economy, Renewable energy, Renewable energy technology, Technological change, Wells Fargo

Leeward Renewable Energy Operations, LLC (Leeward Operations), a subsidiary of Leeward Renewable Energy, LLC (Leeward), closed an offering of $375 million in aggregate principal amount of 4.250% Senior Notes due 2029 (Green Bonds).

Key Points: 
  • Leeward Renewable Energy Operations, LLC (Leeward Operations), a subsidiary of Leeward Renewable Energy, LLC (Leeward), closed an offering of $375 million in aggregate principal amount of 4.250% Senior Notes due 2029 (Green Bonds).
  • Wells Fargo Bank is acting as Administrative Agent for the $100 million revolving credit facility that closed with the bond offering.
  • Last month, Leeward also closed a $75 million letter of credit facility with Wells Fargo Bank.
  • Leeward Renewable Energy is a leading renewable energy company that owns and operates a portfolio of 21 renewable energy facilities across nine states totaling approximately 2,000 megawatts of generating capacity.

MasterControl Concludes Beta Testing on Its Latest Product and Proceeds to Early Adopter Phase

Retrieved on: 
Tuesday, July 13, 2021
Articles, Product development, Diffusion, Early adopter, Innovation, Memetics, Technological change, Automation

With the immense amount of data collected during product development and manufacture, companies will now have a way to quickly identify patterns and mitigate risk, said Sue Marchant, senior director of product at MasterControl.

Key Points: 
  • With the immense amount of data collected during product development and manufacture, companies will now have a way to quickly identify patterns and mitigate risk, said Sue Marchant, senior director of product at MasterControl.
  • The beta program has been highly successful with excellent customer input and we anticipate all will enter the early adopter program, which is invaluable to the development of the product and new features.
  • MasterControl Insights gives customers immediate access to their data and the tools to analyze it in just a few clicks.
  • The MasterControl Platform helps organizations digitize, automate and connect quality and compliance processes across the regulated product development life cycle.

Powering the Future, Together: D CEO Texas Energy Awards Recognize Leaders in Oil, Natural Gas, and Renewable Energy

Retrieved on: 
Monday, July 12, 2021
Articles, Bright green environmentalism, Low-carbon economy, Renewable energy, Renewable energy technology, Technological change

Willie Hornberger, partner at Jackson Walker, helped establish the awards program with D CEO and has guided its growth and evolution.

Key Points: 
  • Willie Hornberger, partner at Jackson Walker, helped establish the awards program with D CEO and has guided its growth and evolution.
  • "Years ago, some jumped to the conclusion that oil, natural gas, and renewable energy executives were competitors and couldn't work together," Hornberger said.
  • "Texas energy leaders recognize that everyone benefits when all forms of production work together," said Christine Perez, editor of D CEO Magazine.
  • Amarillo energy developer Jonathan Grammer is a sponsor of this year's program and has seen firsthand the interdependence of oil, natural gas, and renewable energy.

Clearway Energy, Inc. to Report Second Quarter 2021 Financial Results on August 3, 2021

Retrieved on: 
Monday, July 12, 2021
Articles, Bright green environmentalism, Low-carbon economy, Renewable energy, Renewable energy technology, Technological change

PRINCETON, N.J., July 12, 2021 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Second Quarter 2021 financial results on Tuesday, August 3, 2021.

Key Points: 
  • PRINCETON, N.J., July 12, 2021 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Second Quarter 2021 financial results on Tuesday, August 3, 2021.
  • Management will present the results during a conference call and webcast at 8:00 a.m. Eastern.
  • Clearway Energy, Inc. is one of the largest renewable energy owners in the US with over 4,200 net MW of installed wind and solar generation projects.
  • Through this environmentally-sound diversified and primarily contracted portfolio, Clearway Energy endeavors to provide its investors with stable and growing dividend income.

UPDATE -- Beam Global Seeks to Set World Record for Longest Flight in a Production Electric Aircraft Powered by Off-Grid Renewable Energy

Retrieved on: 
Monday, July 12, 2021
Articles, Environmentalism, Bright green environmentalism, Low-carbon economy, Renewable energy, Renewable energy technology, Technological change, Electric vehicle, Renewable resource, Energy security

SAN DIEGO, July 12, 2021 (GLOBE NEWSWIRE) -- Beam Global (NASDAQ: Nasdaq: BEEM ) will power the longest flight ever in a production electric aircraft powered entirely by off-grid renewable energy.

Key Points: 
  • SAN DIEGO, July 12, 2021 (GLOBE NEWSWIRE) -- Beam Global (NASDAQ: Nasdaq: BEEM ) will power the longest flight ever in a production electric aircraft powered entirely by off-grid renewable energy.
  • The stops include Fresno (starting location), Madera, Merced, Modesto, Lodi and Sacramento, with the return trip in reverse.
  • WHO: Desmond Wheatley, CEO of Beam Global , a clean technology company providing renewable charging infrastructure solutions for electric vehicles, energy security and disaster preparedness and Pilot Joseph Oldham of New Vision Aviation.
  • WHAT: World record attempt at the longest flight of a production electric aircraft powered by off-grid, renewable energy
    SCHEDULE: Media can attend any stop along the way.

Vortex Energy achieves USD 200 million first close for flagship fund 'Vortex Energy IV,' targets investments in global Energy Transition

Retrieved on: 
Monday, July 12, 2021
Articles, Energy policy, Energy, Bright green environmentalism, Low-carbon economy, Renewable energy, Renewable energy technology, Technological change, Energy transition, Abu Dhabi Global Market

Vortex Energy IV was established in Abu Dhabi Global Markets (ADGM) where the team will be based and will work alongside Vortex Energy's existing and growing team in London.

Key Points: 
  • Vortex Energy IV was established in Abu Dhabi Global Markets (ADGM) where the team will be based and will work alongside Vortex Energy's existing and growing team in London.
  • Vortex Energy, since its establishment in 2015, has been successfully pursuing renewable energy investments, completing the full cycle of investment and divestment of c. 822 MWs of wind and solar energy assets in Europe.
  • In 2020 alone the renewables share of all annual power capacity additions reached 82% compared to 15% a decade earlier.
  • The landscape is changing and energy transition investments are becoming more complex compared to traditional assets with long-term contracted cash-flow profiles.

Chapman Ranch Plans from Rhythm Let Customers Support Renewable Energy Generated by Texas' Gulf Winds

Retrieved on: 
Friday, July 9, 2021
Articles, Bright green environmentalism, Low-carbon economy, Renewable energy, Renewable energy technology, Technological change, Sustainable energy, Energy, Renewable Energy Certificate

The Chapman Ranch plans powered by gulf winds expand on Rhythm's 100% renewable energy plan offerings that already include Texas Breeze plans, which are backed by Texas wind from farms across the state.

Key Points: 
  • The Chapman Ranch plans powered by gulf winds expand on Rhythm's 100% renewable energy plan offerings that already include Texas Breeze plans, which are backed by Texas wind from farms across the state.
  • "We hope these plans make a statement about how we and our customers support Texas renewable energy.
  • Rhythm purchases these RECs and matches the energy use of those customers on Chapman Ranch plans to them, so customers are supporting local, Texas-based renewable energy generation.
  • Rhythm expects to serve customers throughout the Texas gulf region, greater Houston area, and across the state with Chapman Ranch plans.