Americas

Renovate America Applauds Landmark Protection Framework For PACE Financing

California Governor Jerry Brown signs into law two bills that significantly strengthen Property Assessed Clean Energy (PACE) financing for homeowners and communities. Renovate America, the nation’s largest PACE provider, has hailed Governor Jerry Brown’s signing into law of two bills that provide a landmark regulatory and consumer protection framework for PACE. “Across 150,000 California homes, PACE has already saved enough energy to power the United States for over a day – and this legislation provides the regulatory and underwriting framework to ensure it’s a responsible choice for hundreds of thousands more homes and families,” said Ari Matusiak, Chief Strategy Officer at Renovate America.

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GE Announces 600MW Projects; Surges Past 5GW Milestone Of Wind Energy In Brazil

Americas, Deals & Finance, Wind

GE has announced, from the Brazil Windpower conference, that it has reached 5,000 MW of installed wind capacity in the country, making it the first company to reach that milestone and confirming the company’s role in the expansion of wind energy in Brazil. By year-end, it will have installed more than 2,700 turbines and the company’s installed capacity represents more than 33% of all wind energy in the country. As part of that 5,000 MW, GE’s Onshore Wind business, a unit of GE Renewable Energy, will commission another 600 MW by the end of September.

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Vestas Wins 424 MW Project; Largest Mexican Wind Park, And Strengthens Position

Americas, Deals & Finance, Head Lines, Wind

Vestas has received an order for the largest wind park in Mexico. The order consists of 123 V136-3.45 MW turbines for a 424 MW project in Mexico. With this contract, Vestas’ order intake from Mexico’s energy auctions reaches almost 500 MW. Zuma Energía placed the order for the Parque Eólico Reynosa project in the northeastern state of Tamaulipas, which will be one of the largest wind power projects in Latin America. The order consists of 123 V136-3.45 MW turbines for a 424 MW project in Mexico. With this contract, Vestas’ order intake from Mexico’s energy auctions reaches almost 500 MW.

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Invenergy, GE Renewable Energy Announce 2GW Facility: Largest Wind Farm In US

Americas, Deals & Finance, Head Lines, Wind

Invenergy and GE Renewable Energy have announced a 2GW wind farm that will be the largest in the U.S. and second-largest in the world, once operational, in 2020. The Wind Catcher facility is under construction in the Oklahoma panhandle and will use 800 state-of-the-art GE 2.5 MW turbines. It will link more than 1.1 million customers with wind energy harvested domestically, saving them more than $7 billion, and will support 4,000 direct and 4,400 indirect jobs annually during construction and 80 permanent jobs once operational. “Wind Catcher shows American leadership in bringing low-cost clean energy to market at Giga scale,” said Invenergy’s Founder and CEO Michael Polsky.

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Energy-Saving HERO Financing Available To 129,000 More Homes In Missouri

Americas, Efficiency, Solar

HERO’s latest expansion is expected to spread these economic benefits to the new communities where it will operate. It’s estimated that HERO-financed home improvement activity has resulted in the creation of over 80 new Missouri jobs and over $17 million in economic activity. Many of these new construction-sector jobs can’t be outsourced or automated. In addition to residential PACE activity, MCED also has a pipeline of over $10 million for PACE-financed projects for commercial properties.

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NRG Systems And RK Systems To Commission India’s Tallest Lattice Met Tower

Americas, Asia Pacific, Deals & Finance, Energy, Wind

RK Systems created the 150m tower for one of India’s leading clean energy Independent Power Producers. The decision to commission the tower was spurred by the growing proliferation of taller turbines. The company overcame a number of design challenges to erect the 150m tower. To keep the tower stable, secure, and under the 250kg weight limit, a design was introduced, that used square tubes – a first in India. According to Arun Mehra, Director of RK Systems, “In response to the increase in hub heights, and in order to perform accurate resource assessment campaigns that reduce uncertainty, it has become necessary to capture data at these heights.”

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EDF, Canadian Solar Join Forces For One Of The Largest Solar Projects In LATAM

Americas, Deals & Finance, Head Lines, Solar

EDF Energies Nouvelles has acquired an 80% interest in the Pirapora II PV project (115 MWp) from Canadian Solar Inc., which is retaining a 20% stake and manufacturing the PV panels locally. It marks the latest step by EDF in Brazil’s renewable energy sector. With this addition, it now has 489 MW under construction, consisting of 183 MW (wind) and 306 MWp (solar). The project is located close to Pirapora I (191 MWp), also jointly owned by both companies. With a total installed capacity of over 300 MWp, the energy generated by both projects will cover the annual electricity consumption of 323,000 Brazilian homes.

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Intersolar North America Focuses on Solar Finance And Smart Renewable Energy

Americas, Efficiency, Solar, Technology

New conference tracks, off-site events and increased networking opportunities will be in place to connect industry executives, policymakers and advocates at Intersolar North America, the most-attended solar industry event in North America. The event will feature new, in-depth conference tracks on solar finance, smart renewable energy and cutting-edge PV and energy storage technologies at its 10th annual event in San Francisco July 10 to 12. High-level conference speakers will discuss key themes, technologies and advancements in the solar and energy storage industries, as well as financial tools and legislative actions currently shaping the North American market.

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Industry, Political Leaders United In Opposition To Trump’s 2018 Budget Slasher

Americas, Carbon, Head Lines

The Trump administration has released its fiscal year 2018 budget proposal, which includes significant cuts to the DOE and EPA. Already, industry and political leaders are speaking out in response, as their fears are confirmed. The budget would make huge cuts in renewable energy research and eliminate agencies within the DOE that fund energy technology projects. Across the spectrum, many are voicing that the cuts could potentially ‘devastate’ an emerging economic sector, whilst also damaging its future prospects with major cuts to groundbreaking renewables research.

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Mercedes-Benz Enters Energy Storage Market In US, Teaming Up With Vivint Solar

Americas, Energy, Head Lines, Solar, Technology

Mercedes-Benz Energy and Vivint Solar have announced an exclusive strategic collaboration to bring the Mercedes-Benz customizable home energy storage system to the US. The two companies’ joint offering provides customers with the German engineering and performance of Mercedes-Benz batteries, coupled with Vivint Solar’s expertise in designing, installing and servicing solar energy systems. The storage systems are based on the same Mercedes-Benz automotive-grade battery technology used in its electric and hybrid vehicles.

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