Kansas City Firm Buys Rights to 21.8 MW in North Carolina Solar Projects
The three farms, totaling 21.8 MW, are under construction and expected to reach commercial operation early next year. Once completed, the SE Solar Portfolio will sell all the power generation to a utility off-taker through a 15-year fixed-price PPA.
POWER-GEN International Explores the Competitive Advantages of Power Generation Technologies
When California voted to get 100 percent of its electricity from renewable sources by 2045, it sent a signal to the market about which types of power generation technologies will remain competitive into the future. And according to Mike Ferguson, Director, North America Energy Infrastructure and Sustainable Finance with S&P Global Ratings, what California does, other states may soon follow.
Clean Power Sees First Win Over Fossil Fuels in Emerging Markets
Developing countries have added more clean power capacity than fossil fuel generation for the first time ever, charging ahead of wealthier nations in the global green energy push, according to Bloomberg NEF.
EU Unveils Plan to Cut Emissions to Zero
The European Union unveiled its long-term vision on combating climate change in a push for more ambitious action on the environment just days after U.S. President Donald Trump rejected his government’s warning on the economic costs of global warming.
Hungary Plans to Ditch Coal by 2030 and Become Fully Reliant on Renewable Energy
Following yet another hike in the European Union's emissions trading system (ETS) in its fight against climate change, Hungary has announced that it aims to phase out its use of coal and be fully reliant on renewable energy sources by 2030
Constellation and Enel To Help Make Starbucks Coffee Greener in Illinois
This week Constellation, an Exelon company, said it signed a long-term PPA with Starbucks to power more than 340 Illinois stores with 100 percent renewable energy produced by Enel Green Power (EGP) North America, Inc.’s HillTopper wind project in Logan, County, Ill.
EV Charging Infrastructure Company Attracts Largest Funding to Date at $240M
This week, Electric Vehicle (EV) charging network provider, ChargePoint, announced that it has raised $240 Million in Series H funding, which is more capital than any other EV infrastructure company in the world, surmising in its press release that the move to electrify transportation is accelerating.
Corbyn Vows to ‘Kickstart a Green Energy Revolution’ in the UK
The Leader of the Opposition in the UK has vowed to “kickstart a green jobs revolution that will help tackle climate change, provide sustainable energy for the future and create skilled jobs in every nation and region” of Britain.
US Production, Consumption of Non-Hydro Renewables Hit Record High in 1H 2018
Non-hydro renewable energy sources (i.e., biofuels, biomass, geothermal, solar, wind) set new U.S. records for both production and consumption in the first half of 2018, according to a SUN DAY Campaign analysis of data just released by the U.S. Energy Information Administration (EIA).
World Bank Offers $1 Billion for Batteries in Emerging Markets
The World Bank Group committed $1 billion to finance battery-storage systems in developing and middle-income countries, and expects its participation to attract another $4 billion in backing from investors as well as public and private funds.