Americas

Rooftop Solar Revolution? Giga Solar Announces Successful Test Results

Americas, Head Lines, Most Popular, Technology

The results are from a groundbreaking project aiming to develop a suite of technologies that make the process of buying, installing, and connecting rooftop solar energy systems faster, easier, safer, and less expensive. The high-efficiency, crystalline-silicon, lightweight modules enable innovative, low-cost rooftop mounting methods. As they are glass-free and frameless, they can be flush-mounted directly onto the roof, avoiding the need for racking hardware, eliminating roof penetrations, and shortening the installation time. These benefits all contribute to lowering the cost of solar electricity. In addition to these benefits, the reduced module weight decreases transportation costs and improves ease of handling. The implications are highly significant in both developed and early stage markets – worldwide.

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First Reserve Acquires Mariah North Wind In First Phase Of 600MW Development

Americas, Head Lines, Wind

One of the largest global private equity and infrastructure investment firms, First Reserve is strongly advancing it’s interests in the clean energy sectors, with this being the first of future wind and solar phases of the $1 billion Mariah Renewable Energy Center. The project will also construct and own a 27 mile, 345 kV transmission line to interconnect with the ERCOT CREZ system and is expected to be operational by the end of 2016. Partners in the project include HSBC, Citigroup and General Electric.

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H2O Power Surges With Acquisition of 31MW Hydroelectric Facilities In PJM Market

Americas, Carbon, Head Lines, Hydro

The Allegheny 8 & 9 facilities have a 31.5MW capacity located on the Allegheny River in Armstrong and Indian Counties, Pennsylvania, within the Pennsylvania-Jersey-Maryland known (PJM) Interconnection. The assets are interconnected into the New York Independent System Operator in the PJM Interconnection Power Market. The capacity and energy generated by the Allegheny 8 & 9 facilities are sold to New York State Electric & Gas Corporation under a long-term power purchase agreement.

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Invenergy Announces 120 MW Wind Power Agreement with 3M

Americas, Deals & Finance, Head Lines

Leading renewable energy producer Invenergy has announced a partnership with 3M to reduce emissions through wind power, increasing it’s corporate off-site renewable energy procurement activities. The sector has nearly tripled from 2014 to 2015 with more than 3,400MW announced. Together with a other Purchase Agreements (PPA) announced with Google and other Fortune 500 companies, this brings Invenergy’s total corporate customer renewable energy portfolio to 570MW. 2016 is expected to be another strong year for clean energy corporate power procurement.

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The State Of Play For Renewables In Central America (Infographic)

Americas, Biomass, Hydro, Solar, Wind

The renewables market in Central America is moving incredibly fast, with governments helping to create the right conditions for success: auctions in place, incentives and plans for distributed generation. But are the conditions for success really there and what is putting roadblocks to rapid expansion? How can the region fulfill its massive potential?

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Cerberus Increases Renewable Energy Investments With 650MW Renovalia Acquisition

Americas, Asia Pacific, Deals & Finance, Energy, Europe/Middle East/Africa

Cerberus has completed the acquisition of Spanish renewable energy company Renovalia Energy S.A. from affiliates of the Ortega Family and IDM Ortemar. This transaction gives Cerberus 100% control of Renovalia. Renovalia operates in six countries and has more than 650 megawatts of power generation under management along with a global development pipeline of wind farms and solar PV plants. The acquisition adds further clean energy assets to the total of US $28 billion currently under management.

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CaliforniaFIRST Launches Clean Energy Financing Program

Americas, Biomass, Policy

Innovative PACE program provides financing for energy efficiency, renewable energy, water efficiency upgrades with no out-of-pocket costs. CaliforniaFIRST financing doesn’t rely on a credit score and does not require any money down, opening the program to a wide range of Californians. It allows homeowners to choose a participating contractor in their area and install a variety of custom-tailored clean energy, water efficiency and EV charging projects.

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$430m Investment Fund Launched for Sustainable and Clean Energy Companies

Americas, Biomass, Deals & Finance

Vision Ridge Partners has announced the launch of Sustainable Asset Fund (“SAF”). At $430 million, the fund is one of the largest in this sector and one of the few private investment portfolios focused on later stage clean energy companies and other sustainable assets. With a partnership between Vision Ridge, Capricorn Investment Group and the Grantham Foundation; the fund seeks to demonstrate the huge investment potential residing in breakthrough commercial solutions to the world’s most pressing problems.

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AD Innovation Reduces Waste And Increases Clean Compressed Gas Production

Americas, Biomass, Efficiency

Bion Environmental Technologies has developed a next generation technology platform to enable the capture of ammonia. By capturing the ammonia, Bion not only prevents its impacts to the environment as before, but is now able to recover and process substantially more of the nitrogen in the manure stream into a stabilized value-added product. This platform can now utilise anaerobic digestion to produce methane which can then be cleaned and injected into existing pipelines, resulting in clean renewable compressed natural gas.

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Japan’s Sumitomo And Brazil’s Gerdau Announce Major Wind Sector Partnership

Americas, Asia Pacific, Europe/Middle East/Africa, Most Popular, Technology

The partnership combines Japan Steel Works’ world leading manufacturing technologies, mainly in the energy sectors, with Sumitomo’s significant experience and knowledge within the renewable energy and wind-related sectors; and brings the strengths of these two companies together with Gerdau’s strong production base. This “Gerdau Summit” will focus on the production and sale of forged products for wind power generation in the Latin American market with a focus on Brazil, where Gerdau is the largest long steel manufacturer. Production is expected to begin in 2017.

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