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Gevo Inc. Offers Business Update (Ind. Report)
Gevo,GEVO
Date: 2020-09-11
Englewood, Colorado-headquartered Gevo, Inc. provided the following 8th Dept. update on its business and strategic plan:

  • Gevo recently raised approximately $46 million, net of expenses, from a Registered Direct Offering and approximately $16 million as a result of warrant exercises. This capital infusion substantially improves Gevo's ability to execute on its strategic plans.

  • Gevo continues to pursue a licensing and developer strategy that is expected to enable the construction of up to three production facilities and capacity expansions. The production facilities and expansions are needed to provide the product required under its existing and expected, future take-or-pay, off-take agreements. The licensing and developer strategy should reduce or eliminate the need for Gevo construction capital by utilizing project-level debt and third-party equity.

  • Gevo continues to seek a targeted capital raise of $200 million of project-level equity using a project financing structure to build up to three production facilities. The first expanded production facility or project is expected to be located at Gevo's current production facility located in Luverne, Minnesota.

  • As previously announced, Gevo engaged Citigroup Global Markets Inc. to lead a process to develop the three projects and procure the capital needed by Gevo to build up to three production facilities. Gevo expects it will take approximately one year to develop and close the financing for the first project. Assuming Gevo successfully closes on a financing in the next 12 months, Gevo would expect production of hydrocarbon fuels from the first project in late 2023 or early 2024.

    Additionally, Gevo noted it currently has approximately $81 million in cash on the balance sheet and will continue to develop the marketplace and try to create additional customer demand for its next generation of renewable premium gasoline, jet fuel and diesel fuel products that have the potential to achieve zero carbon emissions, while addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. (Source: Gevo, PR, Website News, 8 Sept., 2020)Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

    More Low-Carbon Energy News GEVO,  Gevo,  


  • Naturgy JV Inks Australian Wind Development Deal (Int'l. Report)
    Global Power Generation
    Date: 2020-09-09
    Madrid-headquartered Global Power Generation (GPG), a 75/25 joint venture of Naturgy Energy Group and the Kuwait Investment Authority, is reporting plans to construct a 218MW wind farm in Australia.

    The Ryan Corner wind project will be located approximately 300km from Melbourne and is estimated to come in at $359 million (AUS). The project is expected to come online in the second half 2022. (Source: Global Power Generation, renews, 7 Sept., 2020) Contact: Global Power Generation, www.globalpower-generation.com; Naturgy Group, www.naturgy.com

    More Low-Carbon Energy News Global Power Generation,  Wind,  Naturgy Energy,  


    GPT Advancing Net Zero Energy Ahead of Schedule (Int'l. Report)
    GPT
    Date: 2020-09-09
    In the Land Down Under, Melbourne-based property manager and real estate trust GPT Group reports it plans to achieve net zero energy across its $25.3 billion property portfolio of 12 shopping centers, 24 office buildings, 35 logistics buildings and others by 2024, six years earlier than previously announced.

    To that end, the company is undertaking a number of energy efficiency projects including LED lighting upgrades, building management systems updates, on-site solar projects -- particularly in the company's retail assets, and others. The company is also procuring cost effective, low price volatility energy supply contracts and to date has cut energy costs 45 pct for a $210 million savings as well as reduced emissions by 60 pct -- 1.5 million tonnes of carbon , according to the release.

    GPT partners with its tenants and organisations like ARENA, CEFC, NABERS and the Green Building Council of Australia. (Source GPT, The Fifth Estate, 8 Sept., 2020)Contact: GPT, www.gpt.com.au

    More Low-Carbon Energy News Net Zero Energy,  


    GEVO Inc. Provides Business Update (Ind. Report)
    GEVO,Gevo
    Date: 2020-09-09
    Englewood, Colorado-headquartered GEVO Inc. provided the update on its business and strategic plan today, 8 Sept.:

  • GEVO recently raised approximately $46 million, net of expenses, from a Registered Direct Offering and approximately $16 million as a result of warrant exercises. This capital infusion substantially improves the company's ability to execute on its strategic plans.

  • GEVO continues to pursue a licensing and developer strategy that is expected to enable the construction of up to three production facilities and capacity expansions. The production facilities and expansions are needed to provide the product required under its existing and expected, future take-or-pay, off-take agreements. The licensing and developer strategy should reduce or eliminate the need for GEVO construction capital by utilizing project-level debt and third-party equity.

  • GEVO continues to seek a targeted capital raise of $200 million of project-level equity using a project financing structure to build up to three production facilities. The first expanded production facility or project is expected to be located at Gevo's facility in Luverne, Minnesota.

  • As previously announced, GEVO engaged Citigroup Global Markets Inc. to lead a process to develop the three projects and procure the capital needed by the company to build up to three production facilities. GEVO expects it will take approximately one year to develop and close the financing for the first project. Assuming Gevo successfully closes on a financing in the next 12 months, GEVO would expect production of hydrocarbon fuels from the first project in late 2023 or early 2024.

    Additionally, the GEVO release noted it currently has approximately $81 million in cash on the balance sheet and will continue to develop the marketplace and try to create additional customer demand for its next generation of renewable premium gasoline, jet fuel and diesel fuel products that have the potential to achieve zero carbon emissions, while addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. (Source: Gevo, PR, Website News, 8 Sept., 2020)Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

    More Low-Carbon Energy News GEVO,  Isobutanol,  SAF,  Aviation Biofuel,  


  • DTE Energy Adding 420MW of Solar Power by 2022 (Ind. Report)
    DTE Energy
    Date: 2020-09-04
    In the Motor City, DTE Energy is reporting the upgrading of its MIGreenPower voluntary renewable energy plan to bring an additional 420 MW of solar energy online by 2022. Per the updated plan, the new solar assets will source clean energy purchases from corporate, municipal and industrial customers participating in the company's MIGreenPower program.

    If approved by the the Michigan Public Service Commission (MPSC) DTE would increase its solar generation capacity by nearly ten times by 2022 when its wind and solar energy portfolio would generate sufficient energy to power 900,000 homes as well as offset approximately 4.7 million tons of CO2e.

    DTE's energy generation portfolio presently has 15 wind parks and 31 solar farms capable of producing enough clean energy to power more than 500,000 homes. with plans to add three additional wind parks to its portfolio by the end of 2020. (Source: DTE, Zacks, 2 Sept., 2020)Contact: DTE Energy, Trevor Lauer, Pres., COO, Irene Dimitry, VP Business Planning & Development, (313) 235-9994, dimitryi@dteenergy.com, www2.dteenergy.com

    More Low-Carbon Energy News DTE Energy,  Wind,  Solar,  Renewable Energy,  


    Bank of Ireland Launches "Green" Bond Framework (Int'l. Report)
    Bank of Ireland
    Date: 2020-09-04
    In Dublin, the Bank of Ireland reports the launch of a framework that will enable the Bank to issue "Green" Bonds and finance additional renewable energy, green buildings, and clean transportation. This follows the 2019 launch of the Bank's Sustainable Finance Fund which has to date provided €600 million in green loans to home owners and businesses.

    Bank of Ireland's Responsible and Sustainable Business Initiatives include:

  • 50 pct carbon intensity reduction target for 2030 (on a 2011 baseline), within the Bank's operations and the 40 pct emissions reduction the Bank achieved since 2011.

  • €2 billion Sustainable Finance Fund encouraging and rewarding energy-efficient homes, investment in older properties to improve sustainability performance, and SME and agri investment in energy efficiency

  • The launch of Ireland's first Green Mortgage interest rate under which borrowers can receive a discount off fixed rate interest options -- from 1 to 10 years -- to finance the purchase, construction or renovation of residential buildings with an A-rated or to achieve an A-rated BER energy performance

  • Green Home Improvement Loan designed to fund energy efficient upgrades, borrowers offered loan a discounted rate for amounts from €2,000 to €65,000

  • Green Business Loan for businesses seeking to implement energy saving initiatives to reduce their energy costs and their carbon footprint

  • Providing finance to Renewable Energy projects which to date has provided the equivalent of 468,000 homes with renewable generated electricity

    In its effort to address climate change and climate change related risks, the Bank of Ireland became a signatory to the UN Principles for Responsible Banking in 2019 and a supporter of the Task Force on Climate-related Finance Disclosures (TCFD) in 2020. (Source: Bank of Ireland, PR, Finextra, 3 Sept., 2020) Contact: Bank of Ireland: Mark Spain, CSO, www.bankofireland.com

    More Low-Carbon Energy News Green Bond,  Renewable Energy,  Climate Change,  Energy Efficiency,  


  • Saffron Offers Retro-Fit Energy Efficiency Mortgage (Ind. Report)
    Saffron Building Society
    Date: 2020-09-04
    In the UK, the Sussex-based Saffron Building Society reports the launch of a retro-fit mortgage which offers a reduced rate if the borrower improves their EPC -- building energy efficiency -- rating after six months.

    The mortgage is aimed at people planning to move to an older or period property and need to remortgage or upgrade on their existing home. The "green"mortgage offers the borrower a rate relief for the remainder of the fixed rate period, when the works undertaken on the property produce a one-step rise in the EPC rating -- as long as this is above an E.

    Saffron's retro-fit, energy efficiency mortgage comes in the month the government is launching its Green Homes Initiative which offers up to £5,000 for cavity wall insulation, window and door glazing, solar panel installations and other energy efficiency improvements and upgrades to existing buildings. (Source: Saffron Building Society, Mortgage Finance Gazette, 3 Sept., 2020) Contact: Saffron Building Society, Laura Bright, +44 0 1799 522211, www.saffronbs.co.uk

    More Low-Carbon Energy News Saffron Building Society,  Energy Efficiency,  Green Mortgage,  


    Gevo's IP Portfolio Value Set at $412Mn (Ind. Report)
    Gevo
    Date: 2020-09-02
    Englewood, Colorado-headquartered Gevo, Inc. is reporting Peak Value IP LLC has completed and set a $412 million valuation of intellectual property including trade secrets, know-how, patents and patent applications (collectively the IP) across the world that can be licensed and monetized by Gevo.

    Peak Value used an "income approach' to estimate the value, focusing on discounted projected cash flows from direct Gevo-sponsored projects and potential out-licensing within a renewable biofuel production market. Gevo paid Peak Value to perform the evaluation pursuant to an IP Valuation Engagement Agreement. (Source: Gevo, PR Website, 28 Aug., 2020)Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

    More Low-Carbon Energy News Gevo,  Renewable Fuel,  Biofuel,  


    Haldor Topsoe Joins Danish Sustainable Fuel Project (Int'l. Report)
    Haldor Topsoe
    Date: 2020-08-28
    Denmark-headquartered Haldor Topsoe reports it is partnering with Orsted, Copenhagen Airports, A.P. Moller- Maersk, DSV Panalpina, DFDS, SAS, Nel, and Everfuel to develop a electrolysis-based hydrogen and sustainable fuels -- jet fuel, ammonia, and methanol -- production facility in the Greater Copenhagen .

    The three-phase project is expected to be finalized by 2030. The first stage, which could be operational by as early as 2023, will comprise a 10 MW electrolysis plant producing renewable hydrogen for trucks and potentially buses. By 2027, the stage two facility equipped with a 250 MW electrolysis plant will combine the production of renewable hydrogen with captured CO2 from combustion of municipal waste or biomass to produce renewable methanol for maritime vessels and renewable jet fuel for planes. The last phase will upgrade the electrolysis plant's capacity to 1.3 GW and capture more CO2.

    In addition to major partner investments, the project is seeking substantial funding from Innovation Fund Denmark. (Source: Haldor Topsoe, PR, 27 Aug., 2020) Contact: Haldor Topsoe, Roeland Baan, CEO, +45 4527 2000, www.topsoe.com

    More Low-Carbon Energy News Haldor Topsoe ,  Hydrogen,  Sustainable Fuel,  


    Vestas Supplying 103 Turbines for Shetland Wind Farm (Int'l.)
    Vestas, SSE Renewables
    Date: 2020-08-26
    Danish wind turbine manufacturer Vestas is reporting receipt of an order from SSE Renewables to supply 103 units of its V117-4.2 MW wind turbine upgraded to 4.3MW each in Power Optimised Mode, for SSE's 443-Mw Viking Wind Farm in the UK’s Shetland Islands. The order includes a long-term service agreement. Turbine deliveries are slated for Q1, 2023.

    Upon completion in 2024, the Viking Wind Farm will be the UK's largest onshore wind farm generating sufficient energy for roughly 500,000 homes. (Source: Vestas, PR, Shetland News, ReNew Economy, 25 Aug., 2020) Contact: SSE Renewables, Barry Kilcline, Director of Development, www.sse.com; Vestas, +45 97 30 00 00, vestas@vestas.com, www.vestas.com

    More Low-Carbon Energy News Vestas,  SSE Renewables,  Wind,  


    Minneapolis Pushes "Inclusive" Energy Efficiency Finance (Ind. Report)
    City of Minneapolis,EEtility,
    Date: 2020-08-24
    In the Badger State, the city of Minneapolis reports it is seeking state regulatory approval of a $50 million "inclusive financing" pilot program that would allow homeowners to borrow money for energy efficiency improvements and repay it through a line on their monthly utility bill.

    Unlike conventional loans, homeowners face income requirements or credit checks, and the obligations would stay with properties. The city anticipates being able to assist around 10,000 households each of which would spend an average $5,000 on projects.

    The city's likely vendor, EEtility, Inc., has more than 5,000 customers participating in similar programs. The company works with 18 mostly rural and electric cooperatives in 8 states.

    The program financing process would after a home inspection to identify cost-efficient upgrades. Contractors who sign up to be part of the EEtility program agree to fix any issues that result in a project not meeting the desired cost savings.

    The city believes the program could begin in the fall of 2021, if approved. (Source: City of Minneapolis, Institute for Nonprofit News, Star Tribune, 23 Aug., 2020) Contact: City of Minneapolis, Kim Havey, Sustainability Manager, www.minneapolismn.gov; EEtility, Tammy Agard, CEO, www.eetility.com

    More Low-Carbon Energy News Energy Efficiency Financing,  EEtility,  Energy Efficiency,  


    GEVO Announces $50Mn Registered Direct Offering (Ind. Report)
    GEVO
    Date: 2020-08-21
    Englewood, Colorado-based Gevo, Inc. reports it has entered into definitive agreements with institutional and accredited investors for the sale of an aggregate of 38,461,545 shares of common stock at a purchase price of $1.30 per share in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to close on or about August 25, 2020, subject to the satisfaction of customary closing conditions.

    Offering proceeds are expected to be $50 million, before placement agent (H.C. Wainwright & Co.) fees and other offering expenses. GEVO intends to use the net proceeds for working capital and general corporate purposes, which may include the repayment of outstanding indebtedness.

    GEVO is commercializing the next generation of renewable premium gasoline, jet fuel and diesel fuel with the potential to achieve zero carbon emissions, addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity, according to the company. (Source: GEVO, PR, Website, 20 Aug., 2020) Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

    More Low-Carbon Energy News GEVO,  Ethanol,  Biobutanol,  Biofuel,  


    Aemetis Upgrading CA Ethanol Plant for Alcohol Prod.(Ind. Report)
    Aemetis
    Date: 2020-08-21
    Cupertino, California-based biofuels producer Aemetis reports it is upgrading its Keyes, California, ethanol plant to produce 65 million gpy of US Pharmacopeia (USP) grade alcohol by Q1, 2021. A new subsidiary, Aemetis Health Products, will blend gel and liquid sanitizer.

    Aemetis also notes the COVID-19 pandemic has delayed project financing for a planned 12-million gpy cellulosic ethanol facility in Riverbank, California, construction of which is anticipated to take roughly 18 months to complete. (Source: Aemetis, OPIS, 21 Aug., 2020)Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, emcafee@aemetis.com, www.aemetis.com

    More Low-Carbon Energy News Aemetis ,  Ethanol,  


    Ottawa, Iqaluit Partner on Energy Efficiency Projects (Ind. Report)
    Energy Efficiency
    Date: 2020-08-21
    In Iqaluit, the Nunavut Minister of Northern Affairs and the Canadian federal Minister of Environment and Climate Change have announced an investment to support the South Baffin Energy Management Project. The project will help improve energy efficiency and introduce renewable energy in 45 buildings owned by the Government of Nunavut in the six communities that make up the South Baffin region.

    The South Baffin Energy Management Project will receive $18.3 million through the Low Carbon Economy Leadership Fund and $8.6 million from the Nunavut Department of Community and Government Services. Over the project's lifetime it is projected to cut 24,000 tonnes of greenhouse gas emissions.

    Energy efficiency and renewable energy upgrades will include: solar panel installations; LED lighting; mechanical and control-system upgrades; building-envelope improvements; measures, such as air sealing; low-flow water-saving fixtures, and others. (Source: CNW Group. 20 Aug., 2020)

    More Low-Carbon Energy News Energy Efficiency,  


    GEVO, Praj to Commercialize SAF in India (Int'l. Report)
    GEVO, Praj Industries
    Date: 2020-08-19
    Following up on our April, 2019 coverage, isobutanol producer GEVO Inc. and Pune, India-based Praj Industries Ltd are reporting a binding, definitive Master Framework Agreement (MFA) to collaborate on providing renewable, sustainable aviation fuel (SAF) and renewable premium gasoline in India and neighboring countries.

    Under their agreement, Gevo will license its technology to Praj which will provide technology, plant equipment and EPC services to sugar mills and ethanol plants to produce renewable isobutanol from sugar cane juice, cane molasses, sugar syrup as well as cellulosic biomass such as straws, bagasse, and others. Praj will also provide technology, plant equipment and EPC services to refineries for converting renewable isobutanol into SAF and premium gasoline through the ASTM-approved pathway of alcohol-to-jet fuel(ATJ). The agreement also allows Praj to carry out basic engineering and design package services, supply equipment, build plants and use jointly developed process design package to produce renewable isobutanol for plant operators who are licensed by Gevo. (Source: GEVO, PR, Green Car Congress, 18 Aug., 2020)Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com; Praj Industries Ltd., Dr. Ravindra Utgikar , Bus. Dev. info@praj.net, www.praj.net

    More Low-Carbon Energy News GEVO,  Praj Industries,  Isobutanol,  SAF,  Aviation Biofuel,  


    Croatia Launching $32.2Mn Home Energy Efficiency Scheme (Int'l.)
    Energy Efficiency
    Date: 2020-08-19
    In Zagreb, the Croatian Fund for Environmental Protection and Energy Efficiency is launching HRK 203 million ($32.2 million) family homes energy efficiency upgrades grant program.

    According to the agency website, Croatian family homes account to 65 pct of the country's housing stock and 40 pct of total energy consumption -- 70 pct of energy for heating, cooling, and hot water -- at the national level. The ministry estimates household energy consumption can be cut by as much as 60 pct.

    Under the scheme, eligible applicants may qualify for grants to cover 60 pct of the costs of energy efficiency upgrades and renovations including: external wall insulation; replacement of windows and doors, and others energy efficiency upgrades. (Source: Croatian Fund for Environmental Protection and Energy Efficiency, Website, Croatia Week, 19 Aug., 2020) Contact: Croatian Fund for Environmental Protection and Energy Efficiency, www.fzoeu.hr/en/home

    More Low-Carbon Energy News Energy Efficiency,  


    Plug Smart Upgrades Detroit Hotel Energy Efficiency (Ind. Report)
    Plug Smart,Reliable Controls
    Date: 2020-08-17
    Energy solutions provider Plug Smart and sustainable building controls specialist Reliable Controls report they are partnering to lower energy costs and increase efficiency for the Detroit Marriott at the Renaissance Center.

    Plug Smart installed the facility's original building automation system (BAS) and has since acted as energy and systems advisers and helped select Reliable Controls as the best solution for the next generation of their BAS.

    The hotel, which collaborated with Plug Smart to identify innovative energy-saving solutions, reports more than $150,000 in energy savings during a 6-month period when it simultaneously experienced a 1.5 percent increase in occupancy. The project included integrating the complex's electricity, water, steam, and chilled water meters into a dashboard to provide real-time tracking of energy savings goals. (Source: Plug Smart, PR, 17 Aug., 2020) Contact: Plug Smart, Lucas Dixon, (734) 494-0830, www.plugsmart.com

    More Low-Carbon Energy News Reliable Controls,  Plug Smart,  Energy Efficiency,  


    Hawaii Energy Offers $1Mn in Energy Relief Grants (Ind. Report)
    Hawaii Energy
    Date: 2020-08-12
    In Honolulu, Hawaii Energy has announced a call for applications for its Energy Relief Grant program that will award a total of $1,000,000 in funding for energy efficiency improvements for nonprofits, small businesses and other qualifying organizations experiencing economic loss due to the COVID-19 pandemic. The grant can cover 100 pct of eligible expenses on pre-approved energy efficiency projects of up to $25,000.

    Qualifying energy efficiency projects include:

  • Upgrading to LED lighting and/or controls such as occupancy sensors;
  • Upgrading old, inefficient HVAC units;
  • Upgrading aging commercial kitchen equipment with ENERGY STAR appliances; and
  • Upgrading to a heat pump water heater or solar water heater.

    Eligible expenses for these projects include:

  • New energy efficient equipment that qualify for Hawaii Energy program incentives;
  • Parts, accessories and other materials necessary for installation;
  • Labor for old equipment removal, site preparation and installation of energy efficiency measures;
  • Taxes, shipping costs for above qualifying equipment and materials.

    Energy Relief Grant details are HERE. (Source: Hawaii Energy, PR, Aug., 2020) Contact: Hawaii Electric, www.hawaiienergy.com

    More Low-Carbon Energy News Hawaii Energy,  Energy Efficiency,  


  • €850Mn Earmarked for Greek Energy Efficiency (Int'l. Report)
    Greece
    Date: 2020-08-12
    In Athens, the Greek Energy Ministry reports it is preparing a €850 million program to support energy efficiency in the private buildings sector.

    The program aims to introduce energy saving measures and energy efficiency upgrade subsidies of as much as 85 pct -- to a maximum of €50,000 -- to 60,000 Greek households per year until 2030.

    The program would cover: insulation improvements, solar system installations, energy storage, smart energy management systems, smart lighting with remote control, HVAC upgrades and other energy saving measures. The program is expected to launch this fall. (Source: Balkan Green Energy News, 11 Aug., 2020)

    More Low-Carbon Energy News Energy Efficiency,  


    Visa Inc Announces $500Mn Green Bond Issuance (Ind. Report)
    Visa
    Date: 2020-08-12
    San Francisco-based global payments technology company Visa Inc. is reporting its inaugural green bond offering totaling $500 million, paying a semi-annual coupon of 0.75 pct and maturing August 15, 2027.

    According to the Visa Green Bond Framework, the bond proceeds will be used to fund: upgrades to buildings, energy efficiency improvements, expanded usage of renewable energy sources, water efficiency projects, employee commuter programs, research and initiatives focused on sustainable consumer behaviors, and other related projects. The proceeds also will support projects to inspire and foster sustainable living in support of the United Nations Sustainable Development Goals.

    These projects build on Visa's sustainability leadership, including its transition to 100 pct renewable electricity across its operations achieved at the start of 2020. (Source: Visa Inc., PR,Business Wire, 11 Aug., 2020) Contact: Visa Inc., Lindy Mockovak , lindy.mockovak@visa.com, usa.visa.com/about-visa.html

    More Low-Carbon Energy News VISA,  Green Bond,  Renewable Energy,  Energy Eficiency,  


    Mosaic Touts New Residential Solar Financing Option (Ind. Report)
    Mosaic
    Date: 2020-08-12
    Oakland, California-headquartered Mosaic, the leading U.S. provider of solar loan financing solutions for homeowners, is reporting the launch of a new solar financing offering -- PowerSwitch ZERO.

    The PowerSwitch ZERO features: 12-month zero-payment promotional period; choice of 10-, 15- or 20-year standard installment term following the promotional period; financing for solar projects, solar with batteries and solar for second homes and rentals, as well as other energy-efficient upgrades or re-roofing; and no pre-payment penalty.

    PowerSwitch ZERO joins two other loan structures offered through Mosaic -- the original PowerSwitch CHOICE and the PowerSwitch PLUS which was released last year for homeowners who wish to include re-roofing projects and/or other energy efficiency upgrades. (Source: Mosaic, PR, Aug., 2020) Contact: Mosaic, Billy Parish, CEO, Leslie D. Van Every, leslie.vanevery@joinmosaic.com, www.joinmosaic.com

    More Low-Carbon Energy News Mosaic,  Solar,  


    Gevo Releases 2Q, 2020 Financial Results (Ind. Report)
    GEVO
    Date: 2020-08-12
    "Revenue for the three months ended June 30, 2020 was $1.0 million compared with $5.1 million in the same period in 2019. During the three months ended June 30, 2020, hydrocarbon revenue was $0.9 million compared with $0.1 million in the same period in 2019 as a result of increased shipments of finished products from our demonstration plant at the South Hampton Resources, Inc. facility in Silsbee, Texas.

    " Gevo's hydrocarbon revenue is comprised of sales of alcohol-to-jet fuel, isooctane and isooctene. During the second quarter of 2020, revenue derived at the Luverne Facility related to ethanol sales and related products was $0.1 million, a decrease of approximately $5.0 million from the same period in 2019. As a result of COVID-19 and in response to an unfavorable commodity environment, we terminated our production of ethanol and distiller grains in March 2020, which resulted in lower sales for the period.

    "Cost of goods sold was $2.6 million for the three months ended June 30, 2020, compared with $8.5 million in the same period in 2019, primarily as a result of terminating ethanol production as a result of COVID-19 and in response to an unfavorable commodity environment. Cost of goods sold included approximately $1.0 million associated with the production of isobutanol and related products and maintenance of the Luverne Facility and approximately $1.6 million in depreciation expense for the three months ended June 30, 2020.

    "Gross loss was $1.7 million for the three months ended June 30, 2020, versus a $3.4 million gross loss in the same period in 2019." (Source: Gevo Website Release, 10 Aug., 2020) Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

    More Low-Carbon Energy News Gevo,  GEVO,  


    Apple Aims for Carbon-Neutrality by 2030 (Ind. Report)
    Apple
    Date: 2020-08-10
    In its 2020 Environmental Progress Report, multinational technology giant Apple announced a 10-year roadmap to reduce emissions by 75 pct by 2030 while developing innovative carbon removal solutions for the remaining 25 pct of its comprehensive footprint.

    The company notes it is already carbon neutral for corporate emissions worldwide. By achieving the 2030 goal, the company would have brought its entire carbon footprint to net zero 20 years sooner than IPCC targets.

    Apple will implement the following and other measures to meet its carbon-neutral goal:

  • Invest in renewable energy -- Apple will remain at 100 pct renewable energy for its operations -- focusing on creating new projects and moving its entire supply chain to clean power. Apple has commitments from over 70 suppliers to use 100 pct renewable energy for Apple production -- equivalent to nearly 8GW in commitments to power the manufacturing of its products. Once completed, these commitments will avoid over 14.3 million metric tpy of carbon emissions . New and completed projects in Arizona, Oregon, and Illinois bring Apple's renewable capacity for its corporate operations to over 1GW -- equivalent to powering over 150,000 homes a year. Over 80 pct of the renewable energy that Apple sources for its facilities are now from Apple-created projects, benefiting communities and other businesses.

  • Expand investments in energy efficiency -- Apple will identify new ways to lower energy use at its corporate facilities and help its supply chain make the same transition. Through a new partnership with Apple, the US-China Green Fund will invest $100 million in accelerated energy efficiency projects for Apple's suppliers. In 2019, Apple invested in energy efficiency upgrades to over 6.4 million square feet of new and existing buildings, lowering electricity needs by nearly one-fifth and saving the company $27 million.

  • Carbon removal -- Apple is investing in forests and other nature-based solutions around the world to remove carbon from the atmosphere. The company has announced a first-of-its-kind carbon solutions fund to invest in the restoration and protection of forests and natural ecosystems globally.

    In partnership with Conservation International, the company will invest in new projects, building on learnings from existing work like restoring degraded savannas in Kenya and a vital mangrove ecosystem in Colombia. Through its work with The Conservation Fund, the World Wildlife Fund, and Conservation International, the company has protected and improved the management of over 1 million acres of forests and natural climate solutions in China, the US, Colombia, and Kenya.

    Download Apple's 2020 Environmental Progress Report HERE. (Source: Apple, July, 2020) Contact: Apple, www.apple.com

    More Low-Carbon Energy News Apple,  Carbon Neutral,  Carbon Emissions,  Carbon Footprint,  


  • Adrian Inks City Energy Efficiency Upgrades Agreement (Ind. Report)
    Johnson Controls
    Date: 2020-08-10
    In Michigan, the Adrian City (pop, 20,200) Commission reports approval of a $13 million energy efficiency improvements purchase agreement with Johnson Controls.

    The agreement includes replacement of the city's 119 downtown street lights with LED fixtures and new poles where needed. The new lighting is expected to save the city more than $14 million over 20 years as guaranteed by Johnson Controls. The agreement also includes numerous interior and exterior lighting upgrades, "enveloping" for selected city buildings, window insulation, new and/or upgraded HVAC systems, new water meters and others.

    Johnson Controls will complete the work over 16 months. (Source: City of Adrian, Daily Telegram, 10 Aug., 2020) Contact: City of Adrian, Greg Elliott, City Manager, (517) 263-2161 , www.adriancity.com; Johnson Controls, (855) 324-3650, www.johnsoncontrols.com

    More Low-Carbon Energy News Johnson Controls,  Energy Efficiency,  LED Light,  


    PG&E, Tesla Calif. BESS Project Underway (Ind. Report)
    PG&E, Tesla
    Date: 2020-08-05
    In the Golden State, Pacific Gas and Electric Co. (PG&E) and Tesla are reporting construction is underway on a massive lithium-ion battery storage system (BESS) at PG&E's electric substation in Moss Landing in Monterey County, Calif. Upon completion, the facility will be one of the largest utility-owned, lithium-ion energy storage systems in the world.

    The system will incorporate 256 Tesla Megapack battery units on 33 concrete slabs. Transformers and switch gears will be installed along with the Megapacks to connect energy stored in the batteries with the 115-kilovolt electric transmission system.

    When fully operational in Q2, 2021, the BESS will have the capacity to store and dispatch up to 730 MWh of energy to the electrical grid at a maximum rate of 182.5 MW for up to four hours during high demand periods . (Source: PG&E, Tesla, Aug., 2020) Contact: PG&E, www.pg&e.com; Tesla Powerwall, www.tesla.com/en_CA/powerwall

    More Low-Carbon Energy News Pacific Gas & Electric,  Tesla,  Energy Storage,  


    Suntech Ups High-Efficiency Solar Module Production Capacity (Int'l.)
    Suntech
    Date: 2020-08-05
    Wuxi, China-headquartered Suntech is reporting a 1.5GW expansion of its high-efficiency "smart" solar module manufacturing facility in Wuxi, which is now in production.

    The 490 million RMB ($70.2 million) expanded manufacturing facility covers 150,000 square meters and has newly installed equipment that will improve production efficiency. Suntech's new production line is compatible with multi-busbar cells of various formats from 166mm to 182mm, fitting 78-cell solar modules, as well as the upgrade space for 210mm large format cells.

    As of Q1 this year, Suntech has a cumulative shipment of more than 22GW of PV modules to 100 countries. (Source: Suntech, Website News, 1 Aug., 2020) Contact: Suntech, +86 510 8531 8888, www.suntech-power.com

    More Low-Carbon Energy News Suntech,  Solar,  


    PG&E, Tesla Calif. BESS Project Underway (Ind. Report)
    Pacific Gas and Electric, Tesla
    Date: 2020-08-03
    In the Golden State, Pacific Gas and Electric Co. (PG&E) and Tesla are reporting construction is underway on a massive lithium-ion battery storage system (BESS) at PG&E’s electric substation in Moss Landing in Monterey County, Calif. Once operational, the Moss Landing substation will be one of the largest utility-owned, lithium-ion energy storage systems in the world.

    The system will incorporate 256 Tesla Megapack battery units on 33 concrete slabs. Transformers and switch gears will be installed along with the Megapacks to connect energy stored in the batteries with the 115-kilovolt electric transmission system.

    When fully operational in Q2, 2021, the BESS will have the capacity to store and dispatch up to 730 MWh of energy to the electrical grid at a maximum rate of 182.5 MW for up to four hours during high demand periods . (Source: PG&E, Tesla, Aug., 2020)Contact: PG&E, www.pge.com

    More Low-Carbon Energy News Pacific Gas & Electric,  Tesla,  Battery Energy Storage,  


    CT Green Bank Offers Flexible C-PACE Payment Options (Ind. Report)
    Connecticut Green Bank
    Date: 2020-08-03
    The Rocky Hill, Conn.-based Connecticut Green Bank is offering flexible repayment options to new borrowers who use its Commercial Property Assessed Clean Energy (C-PACE) financing to make energy saving improvements.

    The C-PACE program helps commercial, industrial, and non-profit property owners access affordable, long-term financing for qualifying energy efficiency and renewable energy upgrades. The C-PACE loans are repaid through a voluntary assessment on the building owner's property tax bill.

    The Green Bank's new repayment options are intended to provide relief to property owners impacted by COVID-19. The repayment options will provide borrowers with immediate increased cash flow by significantly reducing operating expenses in the near term and deferring all or a portion of payments until a later date and more stable financial conditions.

    New borrowers will have the option of deferring their first two payments on a new C-PACE assessment and/or making interest only payments for up to three years on a new C-PACE assessment. (Source: Conn. Green Bank. PR, Aug., 2020) Contact: C-PACE, www.cpace.com/offer; Connecticut Green Bank, Mackey Dykes, VP Financing Programs, 860-563-0015, www.ctgreenbank.com

    More Low-Carbon Energy News Connecticut Green Bank ,  C-PACE,  Energy Efficiency,  


    GeoSolar Plus Smart Home Energy System Announced (Ind. Report)
    Fourth Wave Energy
    Date: 2020-07-31
    In he Golden State, San Jose-based Fourth Wave Energy is touting its new GeoSolar Plus smart home clean energy system for existing and newly built homes. The company now plans to market the product as a "complete energy makeover" of an existing home. The turnkey system includes:
  • home energy audit and environmental analysis; reinsulating and sealing building envelope for air tightness;

  • geothermal ground source heating and cooling system or air-to-air heat pump technology;

  • heat pump for domestic hot water;

  • air monitoring and filtration system;

  • LED lighting upgrade;

  • roof-mounted solar PV system and EV car charging station.

    The company also plans to offer homeowners a turnkey financing solution to acquire and install the system which sells for roughly $39,000 after valuable tax credits. (Source: Fourth Wave Energy, PR, Contact: Fourth Wave Energy, Joseph Issacs, CEO, 818-855-8199, info@fourthwaveenergy.com, www.fourthwaveenergy.com

    More Low-Carbon Energy News Fourth Wave Energy,  Solar,  


  • Bay State Offers C-PACE Energy Efficiency Financing (Ind. Report)
    Property Assessed Clean Energy,PACE
    Date: 2020-07-31
    Commercial landlords and nonprofits in 22 Massachusetts communities have a new option for financing energy-efficiency upgrades. The Property Assessed Clean Energy (PACE) Massachusetts program applies to commercial and industrial buildings, multifamily buildings with five or more units and buildings owned by nonprofits.

    The PACE program, which is administered by MassDevelopment and the Department of Energy Resources, requires that energy savings pay for the cost of improvements. Projects can be financed up to 20 years.

    The PACE program is available to building owners in the following participating communities: Acton, Agawam, Amesbury, Barnstable, Devens, Erving, Fall River, Fitchburg, Franklin, Gardner, Greenfield, Lexington, New Bedford, North Adams, Northampton, Orange, Pittsfield, Randolph, Rockland, Wendell, West Springfield and Yarmouth. Specifics on the guidelines and application materials are available at massdevelopment.com/pace. (Source: Various Media, Banker & Tradesman, 30 July, 2020)Contact: C-PACE Alliance, Cliff Kellogg (202) 744-1984, ckellogg@c-pacealliance.com, www.cpacealliance.com

    More Low-Carbon Energy News Property Assessed Clean Energy,  PACE,  Energy Efficiency,  


    NC Energy Efficiency Helping Home Fund Lands $6Mn (Ind. Report)
    Duke Energy
    Date: 2020-07-31
    In North Carolina, the Energy Efficiency for All (EEFA) project partners are reporting a settlement with Duke Energy in the pending rate cases that includes a $6 million contribution over two years to the state's Helping Home Fund. The Fund delivers a suite of energy efficiency improvements and critical health and safety repairs, including heating and cooling upgrades and appliance replacement. The settlement also included a commitment to develop new energy-efficiency pilot programs in North Carolina that will serve the needs of low-income households.

    As of 2018, the Helping Home Fund has assisted over 4,300 North Carolinians most burdened by high energy bills. A study from the American Council for an Energy-Efficient Economy and EEFA found the median household in Charlotte, for example, spent 4 pct of their income on energy, while the median low-income household spent about twice that much. And the most under-resourced households spent more than 3.5 times as much.

    The Helping Home Fund is administered by the North Carolina Community Action Association and provides funding for its member agencies that provide energy efficiency weatherization assistance to low-income households. (Source: Duke Energy, NRDC, 31 July, 2020) Contact: Duke Energy Helping Home Fund, www.duke-energy.com/home/products/income-qualified/helping-home-fund; EFFA, www.eefa.net

    More Low-Carbon Energy News Duke Energy news,  Energy Efficiency news,  


    India's Praj Ind., ARAI Green Fuel Alliance Announced (Int'l. Report)
    Praj Industries
    Date: 2020-07-29
    Pune, India-based ethanol producer Praj Industries Ltd. and the Automotive Research Association of India (ARAI) are reporting a MoA to jointly drive the development and use of advanced and alternative fuels in industry and transportation.

    As a leading player in the global bio economy, Praj brings its three decades expertise in developing and deploying biofuel technology solutions through its TEMPO business mode l to the joint effort. ARAI, as a R&D major, brings its experience in CNG, LPG, LNG, HCNG, dual fuel technology, Bio-CNG, Hydrogen, Ethanol, DME and Methanol to the joint agreement.

    With their complementary strengths in technology and application, Praj and ARAI will work together to test and commercialise newer fuels with improved efficiencies, according to the Praj release. (Source: Praj Industries Ltd., PR, 29 July, 2020) Contact: Praj Industries Ltd., Dr. Ravindra Utgikar , Bus. Dev. info@praj.net, www.praj.net; Automotive Research Association of India, Shri Nitn B Dhande, Bus. Dev., dhande.dts@araiindia.com, www.araiindia.com

    More Low-Carbon Energy News Praj Industries news,  Alternative Fuel news,  CNG news,  Biofuel news,  Ethanol news,  


    JinkoSolar Claims Monocrystalline Silicon Cell Efficiency Record (Int'l)
    JinkoSolar
    Date: 2020-07-27
    Shangrao, China-based solar module manufacturer JinkoSolar Holding Co., Ltd. is reporting the maximum solar conversion efficiency of its large-area N-type monocrystalline silicon solar cells reached 24.79 pct -- a world record for large-size contact-passivated solar cells. This result was independently confirmed by the Institute for Solar Energy Research in Hamelin (ISFH), Germany.

    The record-breaking mono-crystalline silicon solar cell was fabricated on a CZ mono-Si substrate with a practical size of 267.72cm2. Several advanced technologies have been implemented to achieve this new record of 24.79 pct, including passivating contact technologies, advanced diffusion system, surface passivation and advanced anti-reflection technologies, as well as material upgrades integrated into the cell process. The record-breaking mono-crystalline silicon solar cell will be gradually applied to product production, according to the release. (Source: JinkoSolar, PR, July, 2020) Contact: JinkoSolar, www.jinkosolar.com; Institute for Solar Energy Research in Hamelin, +49 5151 999100, www.isfh.de

    More Low-Carbon Energy News Solar,  Solar Cell Efficiency,  JinkoSolar,  


    Energy Storage Key in W. Australia Renewables Package (Int'l. Report)
    Energy Storage
    Date: 2020-07-27
    In the Land Down Under, the Government of Western Australia State is touting the launch of a $66.3 million Regional Infrastructure Stimulus package focused on clean energy, efficiency and energy storage technologies and projects that will create jobs, reduce energy costs and improve Western Australia's renewable energy footprint.

    The Regional Infrastructure Stimulus package includes an additional 50 standalone power systems, the installation of nine Battery Energy Storage Systems (BESS) in nine regional communities, and infrastructure upgrades in remote Aboriginal communities.

    Each BESS project will require three months to deliver and reduce generation costs by up to $322,000 per year.

    The Recovery Plan will help drive Western Australia State's economic and social recovery following the devastating impacts of COVID-19, according to the release. (Source: Gov. Western Australia, Mirage, 26 July, 2020) Contact: Gov. of Western Australia, Energy Minister, Bill Johnston, www.wa.gov.au › government › people › bill-johnston

    More Low-Carbon Energy News Energy Storage,  Renewable Energy,  


    MHI Unit Upgrading Tokyo Waste-to-Energy Plant Efficiency (Int'l.)
    Mitsubishi Heavy Industries,
    Date: 2020-07-27
    MHI Environmental & Chemical Engineering Co ., division of engineering, procurement and construction (EPC) firm Mitsubishi Heavy Industries, is reporting receipt of an order from Clean Authority of Tokyo to upgrade equipment and energy efficiency of the authority's 900 metric tpd, 22-Mw Minato waste-to-energy plant.

    In addition to plant heavy equipment renovations and replacements as needed, the facility will also be upgraded to utilize new motors and inverters for electric components to increase energy efficiency and reduce CO2 emissions by around 4 pct annually. The ¥7.6 billion ($72.2 million U.S.) project is scheduled for completion in January 2023. (Source: MHI Environmental & Chemical Engineering Co., Contact: MHI Environmental & Chemical Engineering Co., www.mhiec.co.jp

    More Low-Carbon Energy News Mitsubishi Heavy Industries news,  Energy Efficiency news,  


    Meridiam, Sevana Bioenergy Partner on Biogas Project (Ind. Report)
    Sevana Bioenergy
    Date: 2020-07-24
    Paris headquartered global investment firm Meridiam and Larkspur, California-based Sevana Bioenergy are reporting an agreement to develop an existing 2011-vintage biodigester project in Twin Falls, Idaho. The plant presently produces renewable electricity through the anaerobic digestion of dairy manure that is delivered to the grid under a power purchase agreement with Idaho Power.

    Sevana Bioenergy will serve as the development partner, service provider, and long-term co-investor of the project, the second phase of which is expected to start in Q3 -- upgrading the facility to produce renewable natural gas (RNG) transportation fuel to be marketed under the renewable fuel standard ( RFS) programmes in the federal and California market.

    Meridiam is a global investor and asset manager specialized in developing, financing and managing long-term public infrastructure projects. Founded in 2005, Meridiam invests in public infrastructure in Europe, North America and Africa, according its website. (Source: Meridiam Website, July, 2020) Contact: Sevana Bioenergy, info@sevanabioenergy.com, www. sevanabioenergy.com; Meridiam ,+33 1 53 34 96 99, 212 798 8690 -- NY Office, www.meridiam.com

    More Low-Carbon Energy News RNG news,  Biogas news,  Sevana Bioenergy news,  


    Greenlane Finance to Provide Biogas, RNG Support (Ind. Report)
    Greenlane Biogas
    Date: 2020-07-24
    Barnably, British Columbia-based Greenlane Renewables is reporting a definitive joint venture agreement with the Paris-based SWEN Impact Fund for Transition (SWEN), to provide "biogas upgrading as a service" to developers and owners of renewable natural gas (RNG) projects in Europe.

    The joint venture -- Greenlane Biogas Finance B.V. -- will "remove the burden of ownership" on Greenlane's clients by allowing them to replace initial capital outlays with a monthly fee. With capital provided by SWEN, the joint venture is expected to accelerate deployment of Greenlane's biogas upgrading systems and assist in the decarbonisation of Europe's gas sector. (Source: Greenlane, PR, July, 2020) Contact: Greenlane Biogas, Brad Douville, Pres., CEO, (604) 259-0343, brad.dauville@greenlanerenewables.com, www.greenlanebiogas.com; SWEN Impact Fund for Transition, +33 1 40 68 17 17, contact@swen-cp.fr, www.swen-cp.fr

    More Low-Carbon Energy News Greenlane,  Biogas ,  


    Energy Efficiency in Apple's Carbon-Neutral 2030 Plan (Ind. Report)
    Apple
    Date: 2020-07-24
    In its 2020 Environmental Progress Report, multinational technology giant Apple announced a 10-year roadmap to reduce emissions by 75 pct by 2030 while developing innovative carbon removal solutions for the remaining 25 pct of its comprehensive footprint.

    The company is already carbon neutral for corporate emissions worldwide. By achieving the 2030 goal, the company would have brought its entire carbon footprint to net zero 20 years sooner than IPCC targets.

    To that end, Apple will expand investments in energy efficiency and identify new ways to lower energy use at its corporate facilities and help its supply chain make the same transition. Through a new partnership with Apple, the US-China Green Fund will invest $100 million in accelerated energy efficiency projects for Apple's suppliers.

    In 2019, the company invested in energy efficiency upgrades to over 6.4 million square feet of new and existing buildings, lowering electricity needs by nearly one-fifth and saving the company $27 million.

    Download Apple's 2020 Environmental Progress Report HERE. (Source: Apple, July, 2020) Contact: Apple, www.apple.com

    More Low-Carbon Energy News Apple,  Energy Efficiency,  


    USDA $10Mn Grant to Support AD, RNG Development (Funding Report)
    Roeslein Alternative Energy
    Date: 2020-07-22
    A recently announced five-year, $10 million grant from the USDA National Institute for Food and Agricultural will allow the Consortium for Cultivating Human and Natural reGenerative Enterprise (C-CHANGE) research team led by Iowa State University, Penn State and Roeslein Alternative Energy (RAE) to develop new methods of turning biomass and manure into fuel and develop new value chains on US farms, with emphasis on renewable natural gas (RNG).

    C-CHANGE researchers are developing new ways for farmers to produce RNG that could be used as an energy source both on and off farms. The project focuses on anaerobic digestion (AD) and new separation technologies, allowing biogas to be upgraded to RNG and distributed through the gas pipeline network.

    The project director on the transdisciplinary and multi-institutional grant is Lisa Schulte Moore, a professor of natural resource ecology and management and associate director of the Bioeconomy Institute at Iowa State. According to Schulte Moore, the consortium will develop methods for farmers to make more efficient use of resources. (Source: USDA National Institute for Food and Agricultural, PR, July, 2020)Contact: Roeslein Alternative Energy, (314) 729-0055, www.roesleinalternativeenergy.com

    More Low-Carbon Energy News Roeslein Alternative Energy,  Anaerobic Digestion,  RNG,  


    Marathon Acquires Beatrice, Nebraska Biodiesel Plant (M&A)
    Marathon
    Date: 2020-07-20
    Findlay, Ohio-headquartered Marathon Petroleum Corp. is reporting acquisition of the idled 50 million gpy Duonix biodiesel plant in Beatrice, Nebraska.

    Marathon plans to use the facility to aggregate and pre-treat corn oil, soybean oil and rendered fats feedstocks prior to shipping them to its renewable diesel facility in Dickinson, North Dakota. The Dickinson plant is being upgraded to initially co-process renewable diesel and will eventually be converted to 100 pct renewable diesel production. (Source: Marathon Petroleum Corp., PR, July, 2020) Contact: Marathon Petroleum Corp., 419.422.2121 – Media, www.marathonpetroleum.com

    More Low-Carbon Energy News Biodiesel news,  Marathon news,  


    Cook County Releases Climate Change, Clean Energy Plan (Ind. Report)
    Cook County Illinois
    Date: 2020-07-17
    In Illinois, Cook County has released its 100 pct renewables by 2030 Clean Energy Plan and achieving a 45pct reduction in carbon emissions by 2030 and making County-owned facilities carbon neutral by 2050. To that end, the Plan calls for:
  • reducing carbon emissions through energy efficiency at County-owned buildings and maintaining the reductions through monitoring, education and other best practices;
  • renewing the County's electricity supply through on-site solar energy generation, procurement of renewable energy and energy storage; and
  • supporting the Clean Energy Plan action steps through policies such as new building standards for County facilities.

    The County has begun implementing elements of the Plan and already reduced its GHG emissions by roughly one-third since 2010, primarily through energy efficiency. Solar installations are being designed for county buildings and lighting and a comprehensive building automation system upgrades are underway.

    Download the Cook County Clean Energy Plan HERE. (Source: Cook County, IndiaPost, July, 2020) Contact: Cook County, Toni Preckwinkle, Pres., (312) 443-5500, www,cookcountyil.gov

    More Low-Carbon Energy News Renewable Energy,  Clean Energy,  Energy Efficiency,  Climate Change,  


  • Ameresco Wins Ore. School Energy-Efficiency Project (Ind. Report)
    Ameresco
    Date: 2020-07-17
    In the Bay State, Framingham-headquartered energy efficiency and renewable specialist Ameresco, Inc. reports it has partnered with the Bethel School District in Eugene, Oregon, on a comprehensive energy efficiency project at several of district's locations.

    The improvements Ameresco will implement under this energy savings performance contract (ESPC) come at no upfront cost to the district, and will be paid for over a 16-year contract term with the guaranteed cost savings they generate.

    Financed with a 2.37 pct loan, the $3.6 million project includes interior and exterior energy efficient LRD lighting upgrades, HVAC control improvements, low-flow plumbing, and other upgrades aimed at reducing the District's utility and operational costs as well as reducing its carbon footprint when completed in 2021. (Source: Ameresco, Framingham Source, 17 July, 2020)Contact: Ameresco, David J. Anderson, Exec. VP, (508) 661-2288, www.ameresco.com

    More Low-Carbon Energy News Ameresco,  Energy Efficiency,  


    Gevo Raises $18Mn on Upsized Public Offering (Ind. Report)
    Gevo
    Date: 2020-07-15
    Englewood, Colorado based Gevo, Inc. reports it has closed the previously announced public offering of an aggregate of 30,000,000 shares of common stock (or common stock equivalents), together with accompanying warrants to purchase up to an aggregate of 30,000,000 shares of common stock, at a public offering price of $0.60 per share and accompanying warrant.

    The gross proceeds of the offering were $18.0 million, before agent's fees and other offering expenses, will be used for general corporate purposes.

    Gevo is commercializing the next generation of renewable premium gasoline, jet fuel and diesel fuel with the potential to achieve zero carbon emissions, addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity, according to the company website. (Source: Gevo Website, July, 2020) Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

    More Low-Carbon Energy News Gevo,  


    Council Rock Schools Score Energy Efficiency Funds (Funding)
    Energy Efficiency
    Date: 2020-07-15
    In the Keystone State, Council Rock School District in Newton reports receipt of a $1,641,916 matching-fund grant from the Commonwealth Financing Authority's Alternative and Clean Energy High Performance Building program. The money will be used to upgrade portions of two schools to USGBC LEED Gold certification for greater energy efficiency reduced energy costs.

    The planned energy saving features include geothermal heating and cooling, energy-efficient lighting, automated energy control systems, low-flow water fixtures, occupancy-based temperature and lighting, an 85 kW solar PV array, and an improved thermal envelope.

    The High Performance Building Program provides financial assistance in the forms of grants and loan funds to underwrite the cost premiums associated with the design and construction or major renovation of high performance buildings across Pennsylvania. The program is managed within the DCED Office of Business Financing. (Source: Newton Patch, 14 July, 2020) Contact: Pennsylvania Commonwealth Financing Authority Alternative and Clean Energy High Performance Building program, dced.pa.gov/programs-funding/commonwealth-financing-authority-cfa/energy-programs; USGBC, Mahesh Ramanujam, Pres., CEO, (202) 552-1500, www.usgbc.org

    More Low-Carbon Energy News Energy Efficiency,  USGBC,  


    Greenlane Supply PSA Systenm to Brazilian Ethanol, RNG Project (Int'l)
    Gleenlane
    Date: 2020-07-15
    Burnaby, B.C.-based Greenlane Renewables Inc. is reporting its wholly-owned subsidiary, Greenlane Biogas North America Ltd., has signed a Cdn. $2.4 million ($1.8 million US) contract to supply its pressure swing adsorption (PSA) biogas upgrading system to Brazilian sugar mill operator and ethanol producer Grupo Cocal for this first-of-its-kind renewable natural gas (RNG) project.

    The Greenlane supplied system will process and upgrade biogas created from the anaerobic decomposition of byproducts from Cocal's sugar refining and ethanol production process into clean RNG. The RNG will be used, in part, to displace diesel fuel in Cocal's commercial operations and vehicle fleet and provide a clean low-carbon supply of RNG for the local gas grid. (Source: Greenlane Renewables Inc., 8 July, 2020) Contact: Greenlane Biogas, Brad Douville, Pres., CEO, (604) 259-0343, brad.dauville@greenlanerenewables.com, www.greenlanebiogas.com; Grupo Cocal, www.cocal.com.br

    More Low-Carbon Energy News Greenlane Renewables,  RNG,  Biogas,  


    Fairbanks Completes Illinois 1,750 LED Unit Upgrade (Ind. Report)
    Fairbanks Energy Services
    Date: 2020-07-15
    Hingham, Mass.-based Fairbanks Energy Services, a full-service design/build energy efficiency firm and developer of comprehensive commercial and industrial (C&I) projects, reports completion of an interior LED lighting project at one of WernerCo's Illinois-based, equipment manufacturing facilities.

    Fairbanks Energy ugraded of more then 1,750 outdated, inefficient lighting units to LED for an expected 1,473,000 kWh cut in energy consumption and an annual $156,000 savings. (Source: Fairbanks Energy Services, PR, July, 2020) Contact: Fairbanks Energy Services, Rob Golden, VP Midwest Region , Caroline Haley, Marketing Manager, (978) 394-8670, caroline.haley@fairbanksenergy.com, info@fairbanksenergy.com, www.fairbanksenergy.com

    More Low-Carbon Energy News Fairbanks Energy Services,  LED LIght,  Energy Efficiency,  


    Exelon Names $20Mn Climate Change Investment Initiative Winners (Ind. Report)
    Excelon
    Date: 2020-07-15
    In Chicago, Excelon Corp and the Exelon Foundation, an independent not-for-profit, have selected 10 startups to receive a combined $1 million in direct funding to develop new technologies to mitigate and build resiliency to the impacts of climate change in the inaugural year of the company's $20 million Climate Change Investment Initiative (2c2iSM).

    The Exelon Foundation invests directly in projects and people helping to address climate change mitigation and build resiliency to health and environmental pressures in under-resourced communities within Exelon's service area. Startup applicants were also required to demonstrate how their projects would meaningfully advance state and local jurisdictions' own sustainability goals under the US Climate Alliance.

    Of the startups selected in the first round of funding, 50 pct are minority or women-owned businesses, 60 pct of the projects are focused on greenhouse gas mitigation, 40 pct are addressing climate change resiliency and adaptation. First-round startups will receive $100,000 each from the Exelon Foundation. They are:

  • ATP-MD, a Maryland-based startup with two patented and cost-effective processes that generate multiple environmental benefits using specially-bred, non-evasive plants (bio-crops) and their resulting biomass;

  • BlocPower, a software platform developer for analyzing, financing, monitoring and managing clean energy projects, allowing building owners to identify and complete energy efficiency and electrification upgrades in urban communities.

  • Dynamhex, developer of a software platform leveraging complex energy consumption data that enables close collaboration among a range of city, community and utility stakeholders to achieve local carbon-reduction goals.

  • Greenprint Partners reduces water pollution and flooding by working with water utilities and landowners to design, build, finance and maintain high-impact green storm water infrastructure (GSI).

  • GrowFlux, a horticultural tech company that specializes in data-driven cultivation technology and offers an ecosystem of commercial-scale, wireless controls and sensors enable emerging indoor farms and automated greenhouses.

  • NETenergy, a Chicago-based hybrid energy storage/air conditioner technology specialist with the potential to reduce peak energy demand by over 50 pct, reduce peak energy consumption by 20 pct, and reduce overall energy consumption by more than 10 pct over standard air conditioners.

  • New Ecology, developer of a remote monitoring and optimization (ReMO) system to improve the performance of buildings with central boilers for increased efficiency and reduced utility costs.

  • Propagate Ventures developed an analytics and project development platform that reduce the cost and provide the resources needed for agroforestry, which is the strategic integration of fruit, nut and timber trees with agriculture crops to ensure long term resiliency.

  • Radiator Labs invented the Cozy™, a wireless, low-cost and easily installed retrofit that drops on top of steam heat radiators, providing a solution to the chronic problem of uneven heating in apartment buildings.

    The Exelon Foundation and Exelon Corporation are now accepting startup applications for year two of 2c2i. In partnership with Freshwater Advisors, 2c2i leaders are actively scouting for promising new startups and projects relevant to: greenhouse gas mitigation; protect urban infrastructure against flood, storm water and rising temperatures; climate change adaptation; and city sustainability and climate goals.

    For more information, visit www.exelonfoundation.org/environment.html. (Source: Exelon, PR, 13 July, 2020) Contact: Exelon, Bill Gibbons, Communications, 708-932-6123, William.Gibbons@exeloncorp.com, www.exeloncorp.com

    More Low-Carbon Energy News Excelon news,  Climate Change news,  Energy Efficiency news,  


  • Energy Efficiency, Energy Storage Recognized by Exelon (Ind. Report)
    Exelon
    Date: 2020-07-15
    In Chicago, Excelon Corp and the Exelon Foundation, an independent not-for-profit, have selected 10 startups to receive a combined $1 million in direct funding from the company's $20 million Climate Change Investment Initiative (2c2iSM).

    Of the startups selected in the first round of funding, 50 pct are minority or women-owned businesses, 60 pct of the projects are focused on greenhouse gas mitigation, 40 pct are addressing climate change resiliency and adaptation. First-round startups will receive $100,000 each from the Exelon Foundation. Building energy management and efficiency and energy storage related winners include:

  • BlocPower, a software platform developer for analyzing, financing, monitoring and managing clean energy projects, allowing building owners to identify and complete energy efficiency and electrification upgrades in urban communities. www.blocpower.io

  • Dynamhex, developer of a software platform leveraging complex energy consumption data that enables close collaboration among a range of city, community and utility stakeholders . to achieve local carbon-reduction goals. www.dynmhx.io

  • NETenergy, a Chicago-based hybrid energy storage/air conditioner technology specialist with the potential to reduce peak energy demand by over 50 pct, reduce peak energy consumption by 20 pct, and reduce overall energy consumption by more than 10 pct over standard air conditioners. www.netenergytes.can

  • New Ecology, developer of a remote monitoring and optimization (ReMO) system to improve the performance of buildings with central boilers for increased efficiency and reduced utility costs. www.netecology.org

    The Exelon Foundation and Exelon Corporation are now accepting startup applications for year two of 2c2i. In partnership with Freshwater Advisors, 2c2i leaders are actively scouting for promising new startups and projects relevant to: greenhouse gas mitigation; protect urban infrastructure against flood, storm water and rising temperatures; climate change adaptation; and city sustainability and climate goals. For more information, visit www.exelonfoundation.org/environment.html (Source: Exelon, PR, 13 July, 2020) Contact: Exelon, Bill Gibbons, Communications, 708-932-6123, William.Gibbons@exeloncorp.com, www.exeloncorp.com

    More Low-Carbon Energy News Exelon news,  Energy Storage news,  Energy Efficiency news,  


  • Kamloops Considering Major Climate Change Initiative (Ind. Report)
    IPCC,Kamloops,Climate Change
    Date: 2020-07-13
    In British Columbia, the city of Kamloops (pop. 90,200) city council reports it will this week begin considering a major community climate action plan to address greenhouse gas emissions from three major sources -- transportation, buildings and solid waste. Under the proposed plan, each sector 'must set a course to achieve zero-carbon emissions by 2050 to be congruent with the Intergovernmental Panel on Climate Change (IPCC) direction.'

    The Kamloops community climate action plan proposes the following:

  • Car-light community -- By 2050, 50 pct of trips in Kamloops to be active transportation and transit. Policy options could potentially include low-emissions "superblocks" prioritizing low-emissions vehicles , cycling and walking networks.

  • Zero emissions transportation -- By 2050, 85 per cent of kilometres driven by Kamloops-registered passenger vehicles owners to be zero-emissions vehicles. Immediate actions could include adopting an EV-ready bylaw, planning and budgeting for publicly accessible EV charging and policy review and financing for retrofitting buildings for EV charging.

  • Zero-carbon homes and buildings -- By 2030, all new and replacement heating and hot water systems to be zero emissions. Policy options could include setting targets for zero-carbon new buildings, encouraging low-carbon new buildings, calling for provincial zero-carbon building regulations, incentives for energy efficiency, incentives for energy efficient building materials and a retrofit program for existing buildings.

  • Zero-waste/circular economy -- Kamloops to be a zero-waste community by 2040. Policy options include: creation of a zero-waste research and innovation centre, collection and processing of organic waste, investigation into biofuel production from local organics for city uses such as for heating of civic facilities or fuel for vehicles, requirements for diverting waste and materials from construction and demolition sites. Immediate actions could include a feasibility study for biogas capture from organics collection and policy review to require or encourage building deconstruction and materials be reused.

  • Renewable energy (No target identified) -- Policy options could exploration of community and neighbourhood scale renewable energy systems and storage, support for related R&D. Immediate actions could include exploration of renewable energy opportunities with partners and renewable energy utility opportunities.

  • Zero-carbon civic operations -- Strive to reduce carbon emissions from municipal operations by 40 pct by 2030 and 100 pct by 2050. Policy options could include a corporate energy review, phasing out of fossil fuels in buildings and fleets, support for green commuting, internal carbon pricing and a creative community engagement and marketing plan. Immediate actions could include a corporate energy review, committing all new city buildings to zero carbon, transitioning buildings and fleets to electric/zero emissions and incentives for staff for e-bikes and transit passes.

  • Healthy urban ecosystem -- Increase the city's urban forest canopy cover to 20 pct by 2030 and 30 pt by 2050 to increase forests' carbon storage capacity and support biodiversity, The plan also calls for carbon off-setting linked with biodiversity and conservation and integrating green technologies with infrastructure upgrades.

    The city notes that, in addition to emissions reductions actions already in place, the above efforts could potentially reduce GHG emissions by 538,000 to 556,000 tonnes of CO2 by 2050. In 2019 the city committed to maintain a 1.5 C temperature increase, as set out in the Paris Agreement as well as IPCC targets for emissions to be reduced by between 40 and 60 pct by 2030 or sooner. (Source: City of Kamloops, Civic Web, July, 2020) Contact: City of Kamloops , www.kamloops.civicweb.net; IPCC, www.ipcc.ch

    More Low-Carbon Energy News Climate Change,  IPCC,  


  • DTU Increases Biomass Biofuel Production (New Prod. & Tech)
    DTU
    Date: 2020-07-10
    In a recent Technical University of Denmark (DTU) synfuel research project, researchers succeeded in combining two known technologies -- thermal gasification of biomass and electrolysis that is utilized for the production of biofuel -- can produce more biofuel from the same amount of biomass, according to a DTU release.

    An electrolysis cell (solid oxide electrolysis cell, SOEC) developed jointly by DTU and Haldor Topsoe is used for electrolysis. In an SOEC, electricity from e.g. wind turbines is used to split water into its two constituents -- oxygen and hydrogen. The oxygen can be utilized in a thermal gasification process, where a biomass such as straw is broken down at high temperature. This creates synthesis gas -- a mixture of mainly hydrogen, carbon dioxide, and carbon monoxide. The gas mixture can be used in the production of methanol when the hydrogen produced by the electrolysis is added. Methanol can be used directly as fuel or catalytically upgraded to more familiar fuels used in ships and aircraft.

    "In Synfuel, we have improved the two in technologies in several areas, and we've demonstrated that we can achieve higher utilization rates by combining the two technologies than when they run separately. We derive far more biofuel from the biomass resources and at the same time we can use surplus power from e.g. wind turbines to make fuel for heavy transport," says Professor Peter Vang Hendriksen, Synfuel project manager and Head of Section at DTU Energy.

    The Synfuel project was supported by Innovation Fund Denmark. Haldor Topsoe, Orsted, Energinet.dk, MIT, Aalborg University, Chalmers University of Technology, INSA Lyon, TU Berlin, the Chinese Academy of Sciences, and others participated in the project. (Source: DTU, 10 July, 2020) Contact: DTU Professor Peter Vang Hendriksen, +45 46 77 57 25, pvhe@dtu.dk, www.dtu.dk

    More Low-Carbon Energy News DTU,  Biomass,  Biofuel,  Syngas,  

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