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Pattern Snares 206Mw of Japanese Renewables Projects (M&A)
Pattern Energy,Green Power Investments
Date: 2018-03-02
In San Francisco, independent power company Pattern Energy Group Inc is reporting the acquisition of 206 megawatts worth of Japanese renewable energy projects and has moved to acquire controlling interest of Japanese renewable energy developer Green Power Investments (GPI).

The portfolio consists of two operating solar projects, the 29 MW Futtsu Solar project near Tokyo and the 10 MW Kanagi Solar project located in the Shimane prefecture. The portfolio also includes the 12 MW Otsuki Wind project located in the Kochi prefecture, and the 33 MW Ohorayama Wind project located on the island of Shikoku, and the 122 MW Tsugaru Wind project located in the Aomori prefecture, both of whicf are under construction.

The cash purchase price for the 122 MW Tsugaru Wind project is approximately $194 million, while the cash purchase price for the remaining 84 MW portfolio is approximately $131.5 million. In addition to the portfolio acquisitions, Pattern Energy also committed to funding the acquisition of a controlling interest in GPI. (Pattern Development 2.0), worth an estimated $27 million. (Source: Pattern Energy Group Inc., PR, 26 Feb., 2018) Contact: Green Power Investments, www.greenpower.co.jp; Pattern Energy Group, Matt Dallas, (917) 363-1333, matt.dallas@patternenergy.com, www.patternenergy.com

More Low-Carbon Energy News Green Power Investments ,  Pattern Energy,  Wind,  Solar,  


Meritage reNEWable Living Home Redefine Energy Use (Ind. Report)
Meritage Homes,Duke Energy,EPRI
Date: 2018-01-08
Creating a net zero home that redefines how utilities work is amazing. That's exactly what Scottsdale, Arizona-headquartered Meritage Homes is touting its reNEWable Living Home, a 2018 BUILDER Concept project engineered and designed to use and cut energy consumption energy in a completely different way.

Through innovation in water heating, an insulated slab, attic insulation, the HVAC and solid, panelized wall systems, the house uses a consistent amount of energy throughout the day.

Meritage Homes also partnered with Duke Energy and the Electric Power Research Institute (EPRI) to design a way to monitor the home and understand the energy use. According to EPRI, a home with the same square footage as the reNEWable Living Home would use 23,910 kWh annually. By using the DOE BeOpt software, the advances of the reNEWable Living Home reduce that by 30 pct to only 16,887 kWh per year.

This 30 pct deduction was captured with 100 pct LED lighting, using a heat pump water heater, insulating the slab at an R10 value, using R30 closed cell spray foam insulation in the roof, installing a SEER 18, 9.3 HSPF HVAC system and using the HercuWAll ICF 4-inch solid panelized wall system. (Source: Meritage Homes, Builder, 4 Jan., 2018)Contact: Meritage Homes, www.meritagehomes.com; EPRI, www.epri.com; Duke Energy Carolinas, (704) 594-6200, www.duke-energy.com

More Low-Carbon Energy News Meritage Homes,  Energy Efficiency,  Net Zero,  Duke Energy,  EPRI,  


EC Study Highlights Ethanol Blend Benefits (Ind. Report)
ePURE,Ethanol
Date: 2017-08-30
In Brussels, the European Commission has just released the attached report highlighting the benefits of higher ethanol blends in gasoline. The study, conducted by ICF for the Commission's Directorate-General for Climate, assessed the impact of higher levels of bio components in transportation fuels and found that increased ethanol blends would result in reduced emissions of nitrogen oxides (NOx), hydrocarbons (HC), carbon monoxide (CO) and particulate matter (PM). For example, ethanol blends reduce emissions of HC/CO/PM by 5 to 20 pct compared to petrol with no ethanol. The study also found that compared to current blending levels, the use of higher ethanol blends will not result in adverse evaporative emissions impacts in petrol, a higher level of renewable ethanol in petrol boosts boosting engine performance and efficiency while cutting emissions.

Access the full study HERE. (Source: ePURE, PR, 29 Aug., 2017) Contact: ePURE, Robert Wright, Sec. Gen, +32 2 657 6679, info@epure.org, www.epure.org

More Low-Carbon Energy News ePURE,  Ethanol,  


CARB, NBB Touting VESTA™1000 Biodiesel Additive (Ind. Report)
California ARB,NBB
Date: 2017-08-02
In Sacramento, the California Air Resource Board (CARB) reports it has certified VESTA™1000, a biodiesel additive that reduces measurable regulated emissions, including NOx, when blended with California's unique diesel formulation called "CARB diesel." The National Biodiesel Board (NBB) led the initial research and development into the additive.

VESTA™1000 ensures compliance with the January 1, 2018 implementation of CARB's Alternative Diesel Fuel Regulation. A 20 pct (B20) blend of biodiesel with VESTA™ 1000 reportedly reduced NOx by 1.9 pct and particulate matter by 18 pct compared to CARB diesel fuel. California Fueling, LLC will produce the formula, and Pacific Fuel Resource, LLC will deliver the product to market. The two companies will work cooperatively with NBB members as well as those in the California fuel community to support the ongoing use of biodiesel diesel blends up to B20. (Source: NBB, Pacific Fuel Resource, July, 2017) Contact: Pacific Fuel Resource, Paul Nazzaro, (978)438-6090, paul@pacificfuelresource.com, www.pacificfuelresource.com; NBB, Kaleb Little, (800) 841-5849, klittle@biodiesel.org, www.biodiesel.org; CARB, (800) 242-4450, helpline@arb.ca.gov, www.arb.ca.gov

More Low-Carbon Energy News California ARB,  NBB,  Biodiesel,  

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