Dominion Energy Launches Green Bonds Program
Dominion Energy on Friday said that it had closed its inaugural offering of green bonds. The $362 million in privately placed bond proceeds will be used to reimburse Dominion Energy for previously deployed capital related to the acquisition, development and/or construction of 20 merchant solar projects with a total capacity of 574 MW of renewable energy.
Crowdfunding Renewable Energy November Update: Solar and Wind Powered Campsites & Building Green Energy Agriculture in Africa
As the Internet serves to democratize the world and enable strangers to share everything from their spare bedrooms to their personal cars through apps and websites, the trend has made its way to renewable energy startups. Specifically, crowdfunding websites like Kickstarter and Indiegogo allow innovators to break outside of the traditional model of seeking out venture capital or applying for government grants. Instead, these ambitious renewable energy projects are increasingly gathering needed startup capital by splitting the risk up among many backers willing to offer up bite-sized chunks of funding.
Silicon Production On the Rise in China
According to statistics released by the China Photovoltaic Industry Association, factories across the country produced 143,000 tons of polycrystalline silicon during the first half of this year, a year-over-year increase of 24 percent. Silicon chips manufactured soared to 50 GW during the same period, up 38.9 percent, of which, 52.7 percent were monocrystalline. Battery chips coming off production lines totaled 39 GW, up 21.9, of which, 41 percent were monocrystalline. Output of battery components reached 42 GW, up 23.5 percent.
KIUC awards contract for West Kauaʿi Energy Project, which includes pumped storage hydro
The Kaua’i Island Utility Cooperative (KIUC) has executed a contract for design, engineering and construction services for the West Kauaʿi Energy Project in Hawaii with EPC contractor McMillen Jacobs Associates.
China's Solar Bailout Won't Counter Global Glut: Credit Suisse
China’s proposal to increase its solar energy target to as much as 270 gigawatts by 2020 won’t be enough to erase the worldwide panel glut that’s crippling prices, according to analysts at Credit Suisse Group AG.
GE's Latest Offspring Hopes to Ride Wind, Solar Microgrid Wave
The latest company born out of General Electric Co. expects sales of its industrial engines fired by natural gas to benefit from the spread of renewables such as solar and wind.
1000-Acre Sunflower Solar Farm to be Built for Entergy Mississippi
This week the parent company of Recurrent Energy, Canadian Solar, said that Recurrent had signed a build-transfer agreement (BTA) for a base purchase price of approximately $138.4 million with Entergy Mississippi for a 100-MWac solar PV project in Sunflower County, Mississippi.
Mixed Results for Renewable Energy Agenda in the 2018 Midterms
Clean energy is usually never a central focus of the ballot but was a high priority for voters this election. Here's a recap of the most critical results affecting renewable energy.
Duke Carolinas Completes $1B Green Bonds Issue to Finance Renewables and Energy Storage
Duke is focused on emissions reduction by retiring coal-fired plants, increasing nuclear generation capacity and has add close to 650 MW of built or purchased solar energy.
How Digitalization and Blockchain Can Unlock an Energy Trading Revolution
Digital solutions could revolutionize energy trading if they were adopted more widely across the market.