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Equinor, BP Finalize NY Offshore Wind Contracts (Ind. Report)
Equinor, BP, NYSERDA
Date: 2022-01-17
Equinor and BP on Friday announced they have finalized the Purchase and Sale Agreements (PSAs) with New York State Energy Research and Development Authority (NYSERDA) for the Empire Wind 2 and Beacon Wind 1 offshore wind projects -- one of the largest renewable energy procurements in United States history.

Empire Wind will be located 15-30 miles southeast of Long Island and will incorporate 174 wind turbines and associated substations and subsea cables. Beacon Wind, 20 miles south of Nantucket, is planned to include up to 122 wind turbines, subsea cables and a convertor station. Both projects are under review by the Bureau of Ocean Energy Management (BOEM).

Equinor and BP, which were selected by NYSERDA in January 2021, will provide 1.2 MW of power capacity each from the Empire Wind 2 and Beacon Wind 1 projects. Combined with the partnership's Empire Wind 1 project, the projects will generate a total 3.3 GW of renewable power -- sufficient electricity for about 2 million New York homes.

The agreement includes developing the South Brooklyn Marine Terminal into a major staging and assembly facility for the offshore wind industry, as well as an operations and maintenance base for the project's offshore farms. The partnership will also invest in the Port of Albany, making it America's first offshore wind tower and transition piece manufacturing facility, as previously reported. (Source: Equinor, Equinor Wind US, PR, 14 Jan., 2022) Contact: Equinor Wind US, Siri Espedal Kindem, President, www.equinor.com; NYSERDA, (518) 862-1090, www.nyserda.ny.gov

More Low-Carbon Energy News Equinor,  BP,  NYSERDA,  Offshore Wind,  ,  


Hydrogen to Supply 12 pct of Global Energy by 2050 (Int'l.)
IRENA
Date: 2022-01-17
According to the recently released Geopolitics of the Energy Transformation: The Hydrogen Factor from the International Renewable Energy Agency (Irena), the rapid growth of the global hydrogen economy can bring "significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies." Driven by the climate urgency and countries' commitments to net zero, Irena estimates hydrogen to cover up to 12 pct of global energy use by 2050.

IRENA notes "Growing trade and targeted investments in a market dominated by fossil fuels and currently valued at $174 billion is likely to boost economic competitiveness and influence the foreign policy landscape with bilateral deals diverging significantly from the hydrocarbon relationships of the 20th century." Irena also estimates, over 30 pct of hydrogen could be traded across borders by 2050, a higher share than natural gas today. (Source: IRENA, PR, Jan., 2022) Contact: IRENA, Francesco La Camera, Director-General, +97124179000, info@irena.org, www.irena.org

More Low-Carbon Energy News IRENA,  Hydrogen,  Green Hydrogen,  


Econergy Nails Swangate Energy Storage Acqusition (M&A, Int'l.)
Econergy Renewable Energy ,Yoo Enery
Date: 2022-01-17
Israel-based European renewable energy project developer and operator Econergy Renewable Energy reports the acquisition of a 100 pct share of Swangate Energy Storage Ltd, a 50MW storage project located in Yorkshire, Northern England from London-headquartered Yoo Energy.

The 50MW Swangate project, which is fully permitted, is part of a wider pipeline of projects consisting of more than 800MW of storage and 900MW of solar PV for Econergy which expects commissioning and startup in Q1 of 2022 and a total solar+storage UK pipeline to be operational by 2025. (Source: Econergy Renewable Energy, 16 June, 2022) Contact: Econergy Renewable Energy, Eyal Podhorzer, CEO, info@econergytech.com, www.econergytech.com; Yoo Energy, +44 20 7009 0100, www.yooenergy.com

More Low-Carbon Energy News Econergy Renewable Energy ,  Solar+Storage ,  


Stalled Northeast Biodiesel Plant Back on Track (Ind. Report)
Northeast Biodiesel
Date: 2022-01-17
Nearly six years after its anticipated opening, Northeast Biodiesel LLC -- a 1.75 million gpy biofuel from recycled restaurant grease manufacturing plant in Greenfield, Mass. -- is again gearing up to start production early this year.

The $5 million venture to build a factory was first announced in 2004 when it scored a $300,000 National Renewable Energy grant and a $340,000 U.S. Department of Energy business planning and development grant the previous year for the consumer-owned alternative energy cooperative Co-op Power, which today owns 75 pct of Northeast Biodiesel. (Source: Northeast Biodiesel, PR, Greenfield Recorder, 14 Jan., 2022) Contact: Northeast Biodiesel, Lynn Benander, President and CEO, Rick Durepo, General Manager, 413-772-8892, www.northeastbiodiesel.com

More Low-Carbon Energy News Northeast Biodiesel,  Biodiesel,  


IRENA, ICS Cooperating on Maritime Decarbonisation (Ind. Report)
IRENA,
Date: 2022-01-17
The London-headquartered International Chamber of Shipping (ICS) is reporting an agreement with the International Renewable Energy Agency (IRENA) to support the decarbonisation of the maritime shipping sector through the use of renewable technologies and fuels such as hydrogen and ammonia.

To that end, the partnership will develop a framework over the next two years for the decarbonisation of the shipping sector focused on "the need to ensure an equitable energy transition for developing economies" and that corresponds with the aims of the Just Transition Maritime Task Force, which the ICS, the United Nations Global Compact and the International Transport Workers' Federation (ITF) unveiled at COP26. (Source: ICS, PR, Bunkerspot, Jan., 2021) Contact: International Chamber of Shipping, Guy Platten, www.ics-shipping.org; IRENA, Director-General Francesco La Camera,, +97124179000, info@irena.org, www.irena.org

More Low-Carbon Energy News International Chamber of Shipping ,  IRENA,  Maritime Emissions,  Carbon Emissions,  


Biofuels Notable Quotes from Growth Energy's CEO
Growth Energy
Date: 2022-01-14
"If we want to decarbonise the transportation sector, we must use all the tools in the toolbox – including plant-based biofuels like ethanol, which reduce carbon emissions by 46 pct compared to gasoline.

"Affordable for drivers, earth-friendly, and engine smart, biofuels are the most abundant and readily available climate solution to immediately reduce carbon emissions for cars on the road today.

"The research shows that our climate goals cannot be realized without harnessing the power of homegrown energy. That's why it is critical that policymakers ensure that our farmers and rural producers remain at the forefront of the nation's efforts to accelerate our transition to a healthier, zero-emission, 100 pct renewable energy future." -- Emily Skor, CEO, Growth Energy, 12 Jan, 2022 Contact: Growth Energy, Emily Skor, CEO, (202) 545-4000, www.growthenergy.org

More Low-Carbon Energy News Growth Energy,  Biofuels,  


Renewable Energy Group, Amber Resourcs
Date: 2022-01-14


More Low-Carbon Energy News Renewable Energy Group,  Amber Resources,  Biofuel,  


First Solar Claims 1.2GW Swift Current Energy Order (Ind. Report)
First Solar,Swift Current Energy
Date: 2022-01-14
Tempe, Arizona-headquartered First Solar, Inc. reports Boston-headquartered developer, owner, and operator of utility-scale clean energy assets Swift Current Energy, a has placed an order for 1.2 GW dc of First Solar's advanced, ultra-low carbon thin film photovoltaic (PV) solar modules for delivery in 2023-24.

According to the company release, First Solar is investing $680 million in expanding America's domestic PV solar manufacturing capacity by 3.3 GW annually, by building its third US manufacturing facility, in Lake Township, Ohio, for commissioning in the first half of 2023. The company also operates factories in Vietnam and Malaysia, and has a 3.3 GW factory under construction in India that is expected to be commissioned in the second half of 2023.

Boston, headquartered Swift Current Energy acquires, develops, constructs, owns and operates highly competitive, utility-scale wind, solar energy and battery storage projects across the United States. The company has commercialized 1.1 GW of renewable energy projects and has a growing project pipeline with more than 6 GW across North America. The company also has offices in Illinois, Maine, Montana and Texas, USA. (Source: First Solar, Website PR, 13 Jan., 2021) Contact: First Solar, Mitchell Ennis, IR, mitchell.ennis@firstsolar.com, www.firstsolar.com; Swift Current Energy, Eric Lamers, CEO, 857-315-5294, www.swiftcurrent energy.com

More Low-Carbon Energy News First Solar news,  Swift Current Energy news,  Solar news,  


GE-RE Wins Continuum Green Energy Wind Turbine Order (Int'l.)
GE Renewable Energy ,Continuum Green Energy
Date: 2022-01-14
GE Renewable Energy (GE-RE) is reporting rceipt of an order from Continuum Trinethra Renewables Pvt Ltd , a subsidiary of Mumbai-based electric utility Continuum Green Energy, to supply, install and commission 37 units of its 2.7-132 onshore wind turbines for the 99.9 MW Rajkot Wind Farm in Gujarat, India.

The Rajkot Wind Farm is being managed by Continuum, which currently supplies 639 MW of green energy to 130 customers across India out of its total capacity of 1300 MW. (Source: GE Renewable Energy, Website PR,13 Jan., 2022) Contact: Continuum Green Energy, Arvind Bansal, CEO , +91 22 2570 1567, www.continuumenergy.in; GE Renewable Energy, www.ge.com/renewableenerg

More Low-Carbon Energy News GE Renewable Energy,  Wind Turbine,  India Wind,  Continuum Green Energy,  


Renewable Energy Group Acquires Amber Resources (M&A)
Renewable Energy Group
Date: 2022-01-14
Ames, Iowa-based renewable fuels producer Renewable Energy Group, Inc. (REG) reports the acquisition of Long Beach, California-based Amber Resources, LLC (dba Sawyer Petroleum) and its affiliated entities, M.O. Dion & Sons and Amber Petroleum Products. Amber Resources is a leading Southern California full-service distributor of transportation fuels and fuel components, industrial services and additives.

With this deal, REG adds eight locations in Southern California, including distribution centers and three cardlock sites. REG will continue business operations from these locations, providing customers with uninterrupted services and an enhanced clean fuel product offering.

Renewable Energy Group operates 11 biorefineries in the U.S. and Europe and produced 519 million gallons of cleaner fuel delivering 4.2 million metric tons of carbon reduction in 2020. (Source: Renewable Energy Group, Website PR, Jan., 2022) Contact: REGI, Bob Kenyan, Snr. VP Sales & Marketing, C.J. Warner, Pres., CEO, (515) 239-8000, www.regi.com; Amber Resources LLC, 888-424-3466, www.amberresources.com

More Low-Carbon Energy News Renewable Energy Group,  


India's YES BANK Pledges Net-Zero Emissions by 2030 (Int'l. Report)
YES BANK
Date: 2022-01-14
In India, Santa Cruz-based YES BANK reports it plans to reduce greenhouse gas (GHG) emissions from its operations across the country to net-zero by 2030 to support the goals of the Paris climate agreement.

The Bank aims to eliminate around 7 pct of its total Scope 1 and Scope 2 emissions which stood at 44,168.12 tonnes of carbon dioxide equivalent (CO2e) in FY2019-20, the base year for the Bank's net-zero target. To that end, YES BANK plans to switch to 100 pct renewable energy, upgrade to LED fixtures, use only energy-efficient (five-star rated) machines and appliances and offset part of its emissions through carbon sequestration projects. (Source: YES BANK, Jan., 2021) Contact: YES BANk, www.yesbank.in

More Low-Carbon Energy News YES BANK,  Net-Zero Emissions,  Energy Efficiency ,  


Yotta Energy, Cal Solar Inc. to Deploy Solar+Energy Storage in California (Ind. Report)
Yotta Energy, Cal Solar
Date: 2022-01-14
As California requires solar plus storage systems for all new commercial and multifamily construction beginning in 2023, Yotta Energy is joining forces with Cal Solar Inc., the leading solar and energy storage design-build engineer and contractor for new commercial and multifamily construction. The companies will work together to deploy statewide renewable energy solutions to meet California mandate requirements.

Yotta's energy storage system will be designed as a virtual-power-plant-ready installation, meaning in addition to battery charging from the solar photovoltaic (PV) system, Yotta's energy storage system provides time-of-use software control. This capability saves users money by allowing the battery to be discharged when electricity prices are high.

The California Building Energy Efficiency Standards will take effect on January 1, 2023, requiring all new commercial and multifamily construction to include solar plus energy storage, and all new residential construction to have energy-storage-ready solar PV systems. The state anticipates adding 280 MW of annual solar capacity and 400 MWh of energy storage with these requirements.

Yotta Energy recently announced a funding raise of $13 million to scale its unique, modular energy storage and microgrid technology, specifically designed to transform buildings into self-generating power plants. Led by WIND Ventures, the Series A round includes follow-on investors Doral Energy-Tech Ventures, Riverstone Ventures, and returning investors, EDP Ventures, and SWAN Impact Network. The round brings the company's total funding to $20 million. This partnership and its collaboration with Cal Solar Inc. represent significant milestones as Yotta Energy looks to move the industry forward with its innovative plug-and-play solar plus storage solution, according to the release. (Source: Yoptta Energy, PR, 14 Jan., 2022) Contact: Yotta Energy, www.yottaenergy.com; Cal Solar, Sean Neman, CEO, 800-784-7612, info@calsolarinc.com, www.calsolarinc.com

More Low-Carbon Energy News Yotta Energy,  Cal Solar ,  


China Tops Renewables Capacity, Carbon Emitters List (Int'l.)
China National Energy Administration
Date: 2022-01-12
In Beijing, the China National Energy Administration is reporting China's accumulative installed capacity for renewable energy grew to i billion kilowatts as of the end of October, this year, doubling that in the end of 2015, and now accounts for 43.5 pct of the country's total installed power generation capacity, up 10.2 percentage points over the end of 2015.

China's installed capacity of hydropower, wind power, solar power and biomass power generation have reached 385 million kilowatts, 299 million kilowatts, 282 million kilowatts and 35.34 million kilowatts respectively, ranking China first in the world in renewable energy and carbon emissions, according to the release. China is aiming to reach carbon neutrality by 2060. (Source: China National Energy Administration, Website Release, Nov., 2021) Contact: China National Energy Administration, english.www.gov.cn/state_council/2014/10/01/content_281474991089761.htm

More Low-Carbon Energy News China National Energy Administration,  Renewable Energy,  China Renewable Energy,  


Natural Power Touts Renewable Energy Projects (Int'l. Report)
Natural Power
Date: 2022-01-12
UK-headquartered global renewable energy consultancy and service provider Natural Power reports it has delivered technical advisory services on more than 100 GW of renewable energy -- clean power projects in North America.

The projects include 82GW of onshore wind across 547 projects, 50 repowering projects and 13 GW of solar across 971 plants. The company has also worked on 805 MW of energy storage at 11 projects, 4 GW of offshore wind at nine wind farms and 3MW of tidal power across six unique projects. (Source: Natural Power, Website PR, 10 Jan., 2022) Contact: Natural Power UK, +44 (0) 1644 430 008, sayhello@naturalpower.com, www.naturalpower.com

More Low-Carbon Energy News Natural Power,  Renewable Energy,  Solar,  Wind,  


Northland, RWE Partner on German Offshore Wind Projects (Int'l.)
Northland Power, RWE Renewables
Date: 2022-01-12
Toronto-headquartered Canadian power producer Northland Power Inc. and global renewable energy developer RWE Renewables are reporting a joint venture agreement to pursue a 1300 MW cluster of three German North Sea offshore wind projects, including the 433MW N-3.8 (Nordsee 2), 420MW N-3.5 (Nordsee 3) and the 480MW N-3.6 (Delta Nordsee) site. The deal sees RWE take a larger share of the Nordsee 2 and 3, up from the original 15 pct, while Northland will join RWE on the Delta Nordsee.

Northland will hold a 49 pct interest in the new joint venture with RWE holding 51 pct. The projects will jointly be developed and managed and are expected to achieve commercial operations between 2026 and 2028. (Source: Northland Power, RWE Renewables, PR, Jan., 2022) Contact: Northland Power, Mike Crawley, CEO, Inc., David Povall, Exec. VP, (416) 962-6262, www.northlandpower.com; RWE Renewable, www.group.rwe.com

More Low-Carbon Energy News Northland Power,  RWE Renewables,  Offshore Wind,  


Pacific BioEnergy Prince George Pellet Plant Closing (Ind. Report)
Pacific BioEnergy,Pinnacle Renewable Energy
Date: 2022-01-12
In Canada, Prince George, B.C.-based woody biomass pellet manufacturer Pacific BioEnergy Corporation reports that following an agreement to assign some of its assets -- including long-term wood pellet sales contracts -- to Pinnacle Renewable Energy Inc., part of the UK-based Drax Group plc the PacBioEenergy pellet plant in Prince George will close permanently at a date to be announced this year. (Source: Pacific BioEnergy Corp., PR, Dec, Jan., 2022) Contact: Pacific Bioenergy Corp, (250) 562-7229, www.pacificbioenergy.ca; DRAX, Will Gardiner, CEO, +44 (0) 1757 618381, www.drax.com; Pinnacle Renewable Energy, Duncan Davies, CEO, 604.270.9613, 604.270.9914--fax, www.pinnaclepellet.com

More Low-Carbon Energy News Pacific BioEnergy,  Wood Pellet,  DRAX,  Pinnacle Renewable Energy ,  


Rabbitbrush Solar+Storage Farm Construction Underway (Ind. Report)
Leeward Renewable Energy
Date: 2022-01-10
Dallas-based Leeward Renewable Energy is reporting work has begun on the 100-MW / 50MWh storage Rabbitbrush Solar farm near Rosamond, Kern County, California. When fully operational this coming August, Rabbitbrush Solar is expected to generate sufficient power for 40,000 homes per year, displacing 48,000 metric tpy of COs -- roughly equivalent of taking 10,500 gasoline-driven cars off the road. Central Coast Community Energy and Silicon Valley Clean Energy have inked 15-year PPAs for the project's power production.

Leeward reports having 21 renewable energy facilities totaling 2,000 MW in nine states and more than 100 new wind, solar and energy storage projects offering 17 gigawatts of power in the pipeline. The projects will be owned by Canadian pension fund giant OMERS Infrastructure. (Source: Leeward Renewable Energy, Jan., 2022) Contact: Leeward Energy, Jason Allen, CEO, 214.515.1100, www.leewardenergy.com; OMERS Infrastructure, Annesley Wallace, Exec. VP, (416) 361-1011, www.omersinfrastructure.com

More Low-Carbon Energy News Leeward Renewable Energy,  Solar+Storage,  


Renew Power "Green" Bonds Raise $400Mn (Int'l. Report)
ReNew Power,Climate Bond Initiative
Date: 2022-01-10
In Delhi, India's largest renewable energy company, ReNew Power reports raising $400 million in "green" bond sales from global debt investors including Mauritius-based Clean Energy Holdings, a wholly-owned subsidiary of Renew Energy Global Plc that is the parent of the operating firm ReNew Power.

The 5.25-year "green" bonds are certified by the Climate Bond Initiative and will be listed on the Singapore Stock Exchange.

The money will be used to refinance existing high-cost debt and fund capital expenditure, among other uses.

To date, ReNew Power has raised over $3.5 billion from eight issuances, of which, seven are outstanding. The funding will be used to refinance existing high-cost debt and fund capital expenditure of its subsidiaries and for other corporate purposes.

ReNew Power is among India's largest independent renewable energy producers, developers, builders, owners and operators of utility-scale wind and solar energy projects, hydro and distributed solar energy projects with a total capacity of10.3 gigawatts (GW) across, including commissioned and committed projects, as of Nov., 2021, according to the company website. (Source: ReNew Power, PR, PTI Business World, 9 Jan., 2021) Contact: ReNew Power Limited, Ms. Vaishali Nigam Sinha, Chief Sustainability Officer, +91 124 489 6670/80, info@renewpower.in, www.renewpower.in; Climate Bond Initiative, www.climatebonds.net

More Low-Carbon Energy News Climate Bond Initiative,  ReNew Power,  Clean Energy,  Green Bond,  


Idaho Power Aiming for 100 pct Renewables by 2045 (Ind. Report)
Idaho Power
Date: 2022-01-10
In Boise, the state regulated monopoly Idaho Power utility reports it has submitted its 20-year Integrated Resource Plan to the Idaho Public Utilities Commission. The Plan phases out coal-fired power plants by 2028 in favor of renewable energy, battery storage, energy efficiency and additional power that will come with the completion of a transmission line connecting to the Pacific Northwest. The utility is aiming for 100 pct clean energy by 2045 when it expects to serve more than 850,000 customers.

Idaho Power's new 2021 plan calls for 700 MW of wind, 1,405 MW of solar and 1,685 MW of battery energy storage. The plan also considers various climate-related risks and ways of meeting the company's clean energy goal built around hydropower, which is key to the company's long term strategy. Idaho Power presently has 17 hydroelectric facilities on the Snake River and its tributaries. In 2020, company's energy mix was 41.7 pct hydro, 20.9 pct coal, 11.9 pct natural gas, 11.1 pct wind, 4.1 pct solar and 2.9 pct geothermal, biomass and other sources, plus 7.4 pct energy market purchases, according to the company. (Source: Idaho Power, PR, Website, Columbian, Jan., 2022) Contact: Idaho Power,www.idahopower.com

More Low-Carbon Energy News Idaho Power,  Renewable Energy,  Coal,  


Gautam Adani's $70,000,000,000 Green Energy Notable Quote
Adani Group
Date: 2022-01-10
"By 2030, we expect to be the world's largest renewable energy company without any caveat -- and we have committed $70 billion over the next decade to make this happen. There is no other company that has yet made such a large bet on developing its sustainability infrastructure.

"We, therefore, believe that the combination of our renewable capacity and the size of our investment makes us the leader among all global companies in the effort to produce cheap green electricity and green hydrogen." -- Gautam Adani, Adani Group Chairman, Jan., 2022

India's Adani Group wholly-owned subsidiary, Adani New Industries Ltd, plans to develop and operate projects for the synthesis of low carbon fuels and chemicals, low carbon electric power generation and the manufacture of key components/material for green hydrogen related downstream products, wind turbines, solar modules, batteries, electrolyzers and others.

Adani Group companies include Adani Green Energy Ltd (AGEL), the world's largest solar power developer, is targeting 45 GW of renewable energy capacity by 2030 and will invest $20 billion to develop a 2 GW per year solar manufacturing capacity by 2022-23. Adani Transmission Ltd (ATL), the country's largest private sector power transmission and retail distribution company, is looking to increase its share of renewable power procurement from the current 3 pct to 70 pct by FY 2030. (Source: Adani Group, Jan, 2022) Contact: Adani Group, Adani Green Energy, +91-79-2656 5555, info@adani.com, www.adanigreenenergy.com

More Low-Carbon Energy News Adani Group,  


SK ecoplant Touts Net Zero City Initiative (Ind. Report)
SK ecoplant
Date: 2022-01-10
Following up on our 27 Oct, 2021 coverage, Seoul, South Korea-based engineering and construction firm SK ecoplant Co. Ltd, has unveiled the first blueprint of its "Net Zero City" initiative for a "circular economy" to reduce resource waste and curb pollution. The initiative is an economic model that attempts to solve environmental and energy problems by utilizing waste and air pollution to generate energy resources.

The Net Zero City blueprint offers innovative environmental and renewable energy solutions utilizing the production of renewable energy-based green hydrogen and fuel cell power generation as well as waste energy. SK ecoplant will also convert air pollution such as syngas generated in sewage treatment plants in the process of incinerating waste and biogas, into energy via fuel cell power generation technology. (Source: Sk ecoplant, PR, Korean Times, 9 Jan., 2022) Contact: SK ecoplant, Park Kyung-il, CEO, 02-3700-7114, 02-3700-8200 -- fax, www.skecoplant.com, eng.sk.com/companies/sk-ecoplant,

More Low-Carbon Energy News SK ecoplant,  Net-Zero,  Green Hydrogen,  Fuel Cell,  


Blackstone Invests $3Bn in Invenergy (Ind. Report)
Blackstone, Invenergy, CDPQ
Date: 2022-01-10
Blackstone Inc. is reporting funds managed by Blackstone Infrastructure Partners have entered into a definitive agreement with the Canadian province of Quebec's giant ($389.7 billion CAD) pension fund Caisse de depot et placement du Quebec (CDPQ) and Invenergy for a roughly $3 billion equity investment in Invenergy Renewables Holdings LLC.

The investment will help accelerate Invenergy's renewables development activities. CDPQ and Invenergy management remain majority owners of the company and Invenergy will continue as managing member.

Invenergy Renewables is a major renewable energy developer with over 175 projects totaling nearly 25,000 MW developed across four continents, focused on partnerships with utilities, financial institutions and commercial and industrial customers. The company is building both the largest wind and solar projects in the United States, that combined will deliver nearly 3 GW of clean energy by 2023.

Since 2019, Blackstone has committed nearly $13 billion in investments that it believes are consistent with the broader energy transition. Additionally in 2020, Blackstone announced a plan to reduce carbon emissions by 15 pct in aggregate within the first three years of ownership across all new investments where Blackstone has control over energy usage, according to the company. (Source: Blackstone, PR, 9 Jan., 2021) Contact: Invenergy LLC, Ryan Van Portfliet, Renewable Energy Development, Michael Mulcahey, Business Development Manager, (312) 224-1400, www.invenergy.com; Blackstone Inc, www.blackstone.com; CDPQ, www.cdpq.com

More Low-Carbon Energy News Balckstone,  CDPQ,  Invenergy,  Renewable Energy,  


REG Comments on EPA Proposed RVOs (Comments & Asides)
Renewable Energy Group
Date: 2022-01-10
In Ames, Iowa, Renewable Energy Group, Inc. (REG) Pres. & CEO Cynthia 'CJ' Warner issued the following statement regarding the Environmental Protection Agency's (EPA) release of the proposed Renewable Volume Obligations (RVOs):

"We are pleased to see that the Agency has proposed growth for 2022 in the biomass-based diesel and total advanced categories, as these support clean, renewable fuels that are enabling real decarbonization, right now. Demand for these products is growing as customers seek ready-now, low carbon solutions.

"In fact, with the anticipated increased capacity of renewable diesel coming online in 2022 to meet this demand, and the ample availability of feedstock to support this growth, we believe that the proposed advanced volumes are conservative and should be increased further. We look forward to continuing this important discussion with Administration officials.

"We are encouraged that the EPA is standing behind its sound analysis in proposing to deny all 65 pending small refiner exemption requests. Bio-based diesel delivers the powerful emissions reductions this country needs, and refiners themselves are participating in production of bio-based diesel in growing numbers. Consumers are demanding lower carbon fuels today and our industry stands ready for growth. Bio-based diesel has many benefits beyond carbon reduction. The industry is creating green jobs, contributing to cleaner air, supporting sustainable agriculture and growing rural economies." (Source: Renewable Energy Group, Inc., PR, 8 Jan., 2021) Contact: Renewable Energy Group, Inc., Cynthia Warner, CEO, Katie Stanley, katie.stanley@regi.com, www.regi.com

More Low-Carbon Energy News Renewable Fuel Standard,  RFS,  Renewable Energy Group,  EPA RVO,  Biodiesel,  


US Greenhouse Gas Emissions on the Rise (Ind. Report)
Rhodium Group,Global Carbon Project
Date: 2022-01-10
According to a preliminary estimate released Monday by the NYC-based research and consultancy firm Rhodium Group, after falling 10 pct in 2020 U.S. greenhouse gas emissions from energy and industry rose 6.2 pct in 2021 as the economy began to recover from pandemic lows as pandemic related restrictions eased and economic activity picked up. The report notes that transport, the largest source of greenhouse gases in the country, saw its emissions increase by 10 pct in 2021 after a drop of 15 pct in 2020, due in part to an increase in the number of diesel trucks carrying goods to consumers as e-commerce has increased, with freight traffic exceeding pre-pandemic levels last year.

Coal-fired power plant emissions rose 17 pct in 2021 after dropping 19 pct in 2020. Prior to the pandemic, U.S. electric utilities replaced hundreds of coal-fired power plants with cheaper and cleaner natural gas, wind and solar power. In 2020, electricity use fell nationwide and many utilities ran their remaining coal plants much less often, as it was often the most expensive fuel. But in 2021 natural gas prices nearly doubled and many utilities returned to coal-fired power for electricity. According to the US Energy Information Administration , coal emissions will likely fall in 2022 if natural gas prices stabilize. Electric utilities have already announced plans to withdraw at least 28 pct of their remaining coal-fired power plants by 2035, and many have been turning to renewable energy at a record pace .

The Rhodium group report also notes emissions from heavy industry, such as cement and steel, rose 3.6 pct in 2021 after falling 6.2 pct in 2020. Emissions from buildings increased by 1.9 pct in 2021 after a 7.6 pct decrease in 2020. The report ignores the rise in emissions from last year's massive West Coast wildfires which burned millions of acres of forest and released the CO2 that had been locked in burning trees.

In November, the Global Carbon Project estimated that global CO2 emissions from energy and industry rose 4.9 pct in 2021, after falling 5.4 pct in 2020. China, India and the European Union have all seen large increases, suggesting that any climate effect of the pandemic has been fleeting. (Source: Rhodium Group, Jan., 2022) Contact: Rhodium Group, Kate Larsen, Partner , 212.532.1157, nyc@rhg,com, www.rhg.com; Global Carbon Project, +61-2-6246 5631, info@globalcarbonproject.org, www.globalcarbonproject.org

More Low-Carbon Energy News GHG,  CO2,  Global Carbon Project,  


IFC Underwrites South African Green Housing Bonds (Int'l. Report)
IFC
Date: 2022-01-07
Nedbank, one of South Africa's largest banks, is issuing a green bond in partnership with the International Finance Corporation (IFC), the World Bank Group's private sector financing arm. The funds raised will be used to finance environmentally sustainable housing in South Africa. Nedbank is once again issuing a green bond in South Africa, after a first operation in 2019 dedicated to renewable energy financing. This time, the bank owned 50% by Old Mutual is receiving support from a major investor, the International Finance Corporation (IFC). The subsidiary of the World Bank Group responsible for private sector financing has become the main investor in this operation, which is targeting 1.09 billion South African rand ($120 million).

The green bond, listed on the Johannesburg Stock Exchange, is dedicated to financing environmentally responsible housing in South Africa. According to the IFC, the deal will increase the availability of finance to drive the South African green building market. (Source: Nedbank, Afrik21, 6 Jan., 2022)

More Low-Carbon Energy News Green Building news,  Energy Efficiency news,  


Silicon Ranch Raises $775 Mn in Equity Funding (Ind. Report, Funding)
Silicon Ranch
Date: 2022-01-07
Nashville, Tenn.-headquartered independent power producer Silicon Ranch Corporation reports it has raised $775 million in new equity capital. The funding was led by Manulife Investment Management and others including Shell, TD Greystone Infrastructure Fund (Global Master) L.P., and Mountain Group Partners. Subject to regulatory approvals, the transaction is expected to close in Q1 2022.

Since closing a $225 million raise in December 2020, Silicon Ranch has more than doubled its operating capacity and grown its total contracted portfolio by more than 80 pct Silicon Ranch is a fully integrated provider of customized renewable energy, carbon, and battery storage solutions for a diverse set of partners across North America, with a portfolio that includes more than 4 gigawatts of solar and battery storage systems that are contracted, under construction, or operating across the U.S. and Canada.

Founded in 2011, Silicon Ranch pioneered utility-scale solar in the Southeast with the first large-scale solar projects in Tennessee, Georgia, Mississippi, Arkansas, and Kentucky. The company has successfully commissioned every project it has contracted since its inception and has further distinguished itself through its commitment to own and operate each project in its portfolio for the long term. Today Silicon Ranch owns, operates, and maintains more than 150 solar generating facilities in 15 states. (Source: Silicon Ranch, Website PR, 6 Jan., 2021)Contact: Silicon Ranch, 615.577.4786, info@siliconranch.com, www.siliconranch.com

More Low-Carbon Energy News Silicon Ranch,  Solar,  


Greenbacker's RoxWind Wind Farm Now Online (Ind. Report)
Greenbacker
Date: 2022-01-07
NYC, New York-based Greenbacker Renewable Energy Company LLC , a leading owner and operator of sustainable infrastructure and energy efficiency projects, is reporting its 15.3-MW RoxWind Wind Farm in Maine entered commercial operation on November 30, 2021. The facility is expected to produce nearly 50,300 MWh per year of clean energy -- sufficient power for 4,500 homes per year.

Originally developed by Palmer Capital, RoxWind's four, 3.8 MW turbines generate renewable energy for four investment-grade municipal utilities via long-term off-take agreements. RoxWind is Greenbacker's first and largest sustainable infrastructure asset in Maine. (Source: Greenbacker, Website PR, Jan., 2022) Contact: Greenbacker Renewable Energy, Charles Wheeler, CEO,(646) 720-9463, generalenquires@greenbackerreneable energy.com, www.greenbackerrenewableenergy.com, www.greenbackercapital.com

More Low-Carbon Energy News Greenbacker,  Wind,  


China State Grid Commissions 3.6GW Pumped-Hydro Storage (Int'l.)
State Grid Corporation of China
Date: 2022-01-05
In Beijing, China's largest state-owned grid operator and power utility, the State Grid Corporation of China, reports the commissioning of the 3.6GW Fengning Pumped Storage Power Station, a pumped-storage hydroelectric power station located in Hebei Province. The $1.87 billion facility incorporates 12 , 300MW reversible pump generating sets with a storage capacity of 6.612 billion kWh.

China presently has 30.3GW of operational pumped-hydro stations and plans to grow that capacity to 120GW by 2030, according to the International Renewable Energy Agency. (Source: State Grid of China, Website, 15 Dec., 2021) Contact: State Grid of China, sgcc-info@sgcc.com.cn, www.sgcc.com.cn

More Low-Carbon Energy News State Grid Corporation of China,  Hydro,  Pumped Hydro,  Energy Storage,  Hydroelectric,  


AEGIS Hedging Solutions Acquires Emission Advisors (M&A)
AEGIS Hedging Solutions
Date: 2022-01-05
In the Lone Star State, The Woodlands-based AEGIS Hedging Solutions is reporting the acquisition of Houston-headquartered Emission Advisors, a leader in the environmental markets.

Emission Advisors works with companies across multiple sectors to understand, purchase, sell, and retire voluntary and compliance offsets in multiple environmental markets including: voluntary carbon offsets; emission reduction credits (ERCs); carbon allowances (California Cap and Trade Program and RGGI; regional emissions markets (Houston-Galveston-Brazoria Mass Emissions Cap and Trade Program and Regional Clean Air Incentives Market (RECLAIM); renewable energy Certificates (RECs); Low Carbon Fuel Standard (LCFS) credits; RINS under the Renewable Fuel Standard Program; and Cross State Air Pollution Rule (CSAPR) allowances. The company provides structured environmental compliance, brokerage, consulting, and portfolio optimization services to a large diverse client base.

AEGIS simplifies commodity and environmental markets for companies serious about managing their commodity exposures and/or emission footprints. AEGIS has unmatched technology and expertise to deliver market insights, tailored hedge strategies, efficient trade execution, and full-cycle management of hedge positions -- all designed for regulatory compliance. (Source: AEGIS Hedging Solutions, PR, 5 Jan., 2021) Contact: AEGIS Hedging Solutions, Bryan Sanbury, CEO; Emission Advisors , Mike Taylor , 713-385-3321, mtaylor@aegis-hedging.com, www.aegis-hedging.com

More Low-Carbon Energy News AEGIS Hedging Solutions ,  Carbon Emissions,  Carbon Market,  Carbon Offset,  


Albioma Acquires Quebec Woody Biomass Pellet Plant (M&A)
Albioma
Date: 2022-01-03
French independent global renewable energy developer and operator Albioma is reporting acquisition of the La Granaudiere wood pellet production plant in Quebec, Canada. The plant, which has been in bankruptcy receivership and out of service since July 2021, is due to be recommissioned early this year to produce 200,000 tpy of SBP-certified pellets from wood waste or low-grade wood from sustainably managed forests.

The acquisition includes a long-term agreement granting access to a 45,000-tonne pellet storage facility in the Port of Quebec, as well as raw material supply guarantees issued by the Quebec Ministry of Forests, Wildlife and Parks (MFFP). (Source: Albioma, PR, 30 Dec., 2021) Contact: Albioma, www.albioma.com/en

More Low-Carbon Energy News Albioma,  Woody Biomass,  Wood Pellet,  


Fluence Energy Tapped for Taipower Solar BESS (Int'l. Ind. Report)
Fluence Energy
Date: 2022-01-03
Fluence Energy, an energy storage products and services, and digital applications for renewables and energy storage specialist, reports it has been selected by Taipei, Taiwan-based solar specialist and renewable energy IPP, Ina Energy Corp., a subsidiary of the PJ Asset Management Group, to deliver a 6MW / 6MWh battery-based energy storage system (BESS) in Taoyuan, Taiwan.

Fluence will cooperate with the Taiwan-based TECO Group and its subsidiary YATEC to offer Automatic Frequency Control (AFC) services to the state-owned utility company Taiwan Power Company (Taipower) (Source: Fluence Energy, Website PR, 20 Dec., 2021) Contact: Fluence Energy, Samuel Chong VP, Treasurer & Head of Investor Relations, (872) 301-2501, www.fluenceenergy.com; Ina Energy Corp, www.inaenergy.com.tw; www.taipower.co.tw: Ina Energy Corp., www.inaenergy.com.tw

More Low-Carbon Energy News Fluence Energy,  BESS,  Energy STorage ,  


National Grid Touts Green Hydrogen Project (Ind. Report)
National Grid
Date: 2022-01-03
In the Empire State, National Grid is reporting a joint project with the Town of Hempstead to build one of the first and largest clean hydrogen projects in the country in Point Lookout on Long Island. For the project, National Grid will expand an existing hydrogen distribution system to heat approximately 800 homes and fuel 10 municipal vehicles.

National Grid is also working with the New York State Energy and Research Development Authority (NYSERDA) and the Advanced Energy and Research Technology Center at Stony Brook University to assess the compatibility of hydrogen blending in National Grid's existing gas infrastructure.

National Grid is also partnering with Standard Hydrogen Corporation to develop the nation's first multi-use, renewable hydrogen-based energy storage and delivery system in the N.Y. Capital region Subject to regulatory approval, the system will have the ability to power fuel cell automobiles, shift energy peaking, provide backup power, and blend hydrogen into the gas network from a single system.

National Grid has joined the Electric Power Research Institute (EPRI) and the Gas Technology Institute (GTI) Low Carbon Resources Initiative to focus on large scale deployment of technologies like hydrogen and RNG. National Grid is also part of the National Renewable Energy Laboratory (NREL) HyBlend collaborative research project. (Source: National Grid, PR, Website, 15 Dec., 2021) Contact: National Grid, www.nationalgridus.com; NYSERDA, (518) 862-1090, www.nyserda.ny.gov; GTI, 847-768-0500 847-768-0501 -- fax, info@gti.energy, www.gti.energy

More Low-Carbon Energy News National Grid,  Green Hydrogen,  NYSERDA,  Gas Technology Institute,  RNG,  NREL,  


Enlight, Sungrow Ink 430 MWh Israel Energy Storage Deal (Int'l. Report)
Enlight Renewable Energy, Sungrow
Date: 2022-01-03
China's Sungrow Power Supply Co., Ltd., the global leading inverter and energy storage solution supplier, and Tel Aviv based Enlight Renewable Energy are reporting an agreement under which Sungrow will supply Enlight with 430 MWh of its flagship liquid cooled energy storage system (ESS).

The contract is the largest ESS agreement signed to date in Israel and marks a massive scale-up in installations for the newly launched system.

The Israeli government is aiming to generate 30 pct of the country’s electric power with renewables by 2030 and is currently aiming to develop an advanced solar-plus-storage system to ensure a stable and reliable electricity grid. (Source: Sungrow, PR, Website, 3 Jan., 2022) Contact: Enlight Renewable Energy, www.enlightenergy.co.il; Sungrow www.sungrowpower.com

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


GE Supplying Turbines for Netherlands Repowering Project (Int'l.)
GE Renewable Energy, Windkoepel Groen
Date: 2021-12-31
GE Renewable Energy reports it has been selected by Windkoepel Groen (Green) to repower part of the Windplan Groen project in Flevoland province in the Netherlands. As part of this repowering project, GE will be providing 26 Cypress 6.0-164 onshore wind turbines at three wind parks -- Ansjovisstroom, Hanze and XY Wind with the total installed capacity of 156 MW. The three parks are expected to be completed in 2023. The agreement includes a 25-year full-service contract.

Windkoepel Groen manages the Windplan Groen project, a collaboration between local residents and entrepreneurs. With 90 wind turbines across 11 wind parks and an estimated capacity of 500 MW, Windplan Groen is the largest onshore wind farm in the Netherlands in terms of production and installed capacity. (Source: GE Renewable Energy, Website PR, 20 Dec., 2021) Contact: GE Renewable Energy, www.ge.com/renewableenergy; Windkoepel Groen, Telephone: 0321 - 2020 40, info@windplangroen.nl, www-windplangroen-nl

More Low-Carbon Energy News GE Renewable Energy,  Wind,  Wind Turbine,  


Neste Targets 100 pct Renewables, Carbon Neutrality by 2035 (Int'l.)
Neste, Vattenfall
Date: 2021-12-31
Finland-headquartered renewable diesel and sustainable aviation fuel (SAF) producer Neste Corp., is reporting an 800 GWh power purchase agreement (PPA) with Vattenfall for hydropower from its Nordic hydropower plants for delivery in the beginning of January 2022.

Neste aims to use 100 pct renewable electricity globally by 2023 and, in addition to the Vattenfall hydropower agreement, has increased the use of renewable electricity at its Porvoo refinery in Finland with wind power and has agreed on wind power deliveries with its partners Statkraft, Ilmatar and Fortum.

Neste is committed to combating climate change and reducing greenhouse gas (GHG) emissions both globally and locally. To that end, the company aims to reduce greenhouse gas emissions from its own production, cut emission intensity of the use of products sold by Neste and help customers reduce emissions with Neste's renewable and circular solutions. The company is aiming to be carbon neutral by 2035.

Download Neste climate commitment details HERE . (Source: Neste Corporation, Website PR, 22 Dec. 2021) Contact: Neste Corp.,, Minna Aila, Senior VP, Sustainability and Corporate Affairs, +358 50 458 5076, www.neste.com

More Low-Carbon Energy News Neste,  Vattenfall,  Carbon Neutral,  GHG,  Hydropower,  Renewable energy,  


Future of Biomass: Net Zero, 2050 and Beyond (Editorials & Asides)
Enviva Biomass, IPCC
Date: 2021-12-31
The attached The Future of Biomass: Net Zero, 2050 and Beyond article is from wood pellet manufacturer Enviva Biomass, "the world's largest producer of sustainable wood pellets, a renewable alternative to coal:

"Wood-based bioenergy is part of an all-in renewables strategy to reduce carbon emissions and limit dependence on fossil fuels. The world's leading authority on climate science, the Intergovernmental Panel on Climate Change (IPCC) recognizes bioenergy as a renewable energy source that is critical to our low-carbon future. The IPCC also concludes that sustainable forest management is critical to prevent forest conversion to non-forest uses. We need bioenergy both to replace fossil fuels and to keep forests as forests," according to the Enviva.

Download the Enviva The future of biomass: Net Zero, 2050 and Beyond report HERE . (Source: Enviva Biomass, Website PR, 30 Dec., 2021) Contact: Enviva, Exec. VP, Sales and Marketing, Dr. Jennifer Jenkins, VP, Chief Sustainability Officer, (301) 657-5560, www.envivabiomass.com; IPCC, www.ipcc.ch

More Low-Carbon Energy News Enviva,  Biomass Pellet,  Wood Pellet,  Net-Zero Emissions,  Climate Change,  IPCC,  


RNESL Acquiring Battery Maker Faradion Limited (Int'l.M&A)
Reliance New Energy Solar,Faradion
Date: 2021-12-31
Mumbai, India-headquartered Reliance New Energy Solar Limited (RNESL) is reporting a definitive agreements to acquire a 100 pct equity stake in Sheffield, UK-based Faradion Limited through secondary transactions for a total value of £94.42 million based on an enterprise value of £100 million. Closing is expected in early January 2022, according to the regulatory filing.

Faradion's patented sodium-ion battery technology is sustainable, low cost, and scalable, has high density at par with lithium-ion phosphate and has patented zero-volt safe transport and storage. Reliance will use Faradion's technology at its proposed fully integrated energy storage giga-factory as part of the Dhirubhai Ambani Green Energy Giga Complex project at Jamnagar, India.

As previously reported, RNESL has investments in German “green solar wafers” technology company NexWafe GmbH, signed another pact with Danish company Stiesdal A/S for hydrogen electrolyser, acquired 100 pct stake in solar panel manufacturer REC Solar Holdings AS from China National Bluestar (Group) Co, and acquired a 40 pct stake in Sterling & Wilson Power. The company made its first strategic move in the renewable energy sector with a $50 million investment in US-based energy storage company Ambri Inc. (Source: RNESL, Website PR, 30 Dec., 2021); Contact: RNESL:, +91 22) 2278 5000, fax +91 22) 2278 5185, www.ril.com; Faradion Limited , +44 0 114 224 2421, www.faradion.co.uk

More Low-Carbon Energy News Reliance New Energy Solar news,  Battery news,  Energy Storage news,  Faradion news,  


Versalis, BTS Biogas Partner on Biogas Technology (Int'l. Report)
Versalis, BTS Biogas
Date: 2021-12-29
In Italy, Milan-headquartered Versalis and anaerobic digestion specialist BTS Biogas report they are joing forces to develop and market Versalis' proprietary technology for the thermo-mechanical treatment of biomass, using BTS Biogas' fermentation technology, for the production of biogas and biomethane from residual lignocellulosic biomass.

BTS Biogas is responsible for the development, engineering, construction and maintenance of over 250 biogas and biomethane plants across Europe, North America and East Asia. By recycling organic materials from municipalities, food companies and farms, BTS Biogas facilities are designed to generate a consistent supply of renewable energy as well as soil improvers and fertilizers.

Versalis is a wholly owned subsidiary of Italian oil major Eni specializing in the production of chemicals. The company produced 9.5 million tons of chemical products in 2018 and is Italy's largest chemical producer. (Source: Eni, Website PR, Dec., 2021) Contact: Eni/Versalis, +39 06 598 21 / Fax: +39 06 598 22141, www.eni.com/en-IT/about-us/subsidiaries-and-affiliates/versalis-company.html; BTS Biogas, Christine McKiernan, Managing Dir., +39 0474 37 01 19, www.bts-biogas.com

More Low-Carbon Energy News Versalis,  BTS Biogas,  Biogas,  Biomethane,  Anaerobic Digestion,  


Eni, CIP Offshore Wind Collaboration Extended (Int'l. Report)
Eni,Copenhagen Infrastructure Partners
Date: 2021-12-29
Milan-headquartered Eni, through its subsidiary Eni gas e luce, and Copenhagen Infrastructure Partners (CIP), through its New Markets Fund I, are reporting the extension of their offshore wind partnership in France and agreement to collaborate on an anticipated offshore wind build-out of more than 10 GW by 2030 in Poland. To that end, the two firms intend to apply for seabed permits and to participate in contract-for-difference auctions which are expected to take place in 2025 and 2027.

CIP and Eni gas e luce, together with their affiliates, aim to become an active and long-term partner for Poland's transition to renewable energy, with a focus on offshore wind, establishment of a local manufacturing and "re-skilling" of the existing work force. Eni gas e luce is aiming for more than 6 GW of renewable energy installed capacity by 2025 increasing to 15 GW by 2030, according to the company release. (Source: Eni, Website PR, Dec., 2021) Contact: Eni +39 06 598 21 / Fax: +39 06 598 22141, www.eni.com; Copenhagen Infrastructure Partners, www.cipartners.dk

More Low-Carbon Energy News Copenhagen Infrastructure Partners,  Eni,  Wind,  Offshore Wind,  Renewable nergy,  


Eolian Acquires JV Energy Storage Portfolios (M&A)
Global Infrastructure Partners, Eolian LP,Able Grid Energy Solutions,
Date: 2021-12-29
London-headquartered Global Infrastructure Partners reports its portfolio company Eolian LP now controls the energy storage development portfolios developed jointly with and managed by Able Grid Energy Solutions. The two companies have partnered since early 2017, pursuing the joint development of a 10-GW-plus energy storage portfolio with in the US. They have also collaborated on more than 300 MW of energy storage in Texas and California that are now in operation or under construction. These are now owned by Eolian's unit, Astral Electricity.

GIP presently has roughly $9 billion (€7.96bn) of equity investments and commitments in the renewable energy sector and ownership interests in more than 14 GW of operating renewables and an additional 100 GW of projects under construction or in development. (Source: Global Infrastructure Partners, Website, PR, 26 Dec., 2021) Contact: Global Infrastructure Partners / Eolian, +44 20 7798 0400 , 212-315-8100, www.global-infra.com; Able Grid Energy Solutions, www.ablegridenergy.com

More Low-Carbon Energy News Eolian LP news,  Global Infrastructure Partners news,  Energy STorage news,  


ReneSola Power Selling Two Spanish Solar Projects (M&A)
ReneSola
Date: 2021-12-29
Solar project developer ReneSola is reporting an agreement with Dusseldorf, Germany-based aream Group to sell two ground-mounted solar projects totaling 12MWp in the municipality of Caravaca de la Cruz, Spain. The "share-purchase" sale will be completed at the "ready-to-build" stage, which is planned for early 2022.

The aream Group is a fully integrated investment and asset manager for institutional investors with a focus on sustainable infrastructure in the renewable energy sector, which includes wind and solar power, grids and storage technology.

ReneSola Power has more than 300 MW of solar projects in development stages in Spain. (Source: ReneSola, Website PR, 28 Dec., 2021) Contact: ReneSola Ltd., 347) 577-9055, www.renesolapower.com; aream Group, +49 (0)211 30 20 60 42, info@aream.de, www.aream.de

More Low-Carbon Energy News ReneSola ,  Solar,  


Risen Energy Plans Major Chinese Renewables Complex (Int'l.)
Risen Energy
Date: 2021-12-29
China's Risen Energy Co Ltd reports it plans to invest the equivalent of $7 billion (US) in a new combined 3.5 GW solar and 1.6 GW wind project, with energy storage capacity, in Inner Mongolia.

The project's power production will enable the production of roughly 200,000 tpy of industrial silicon, 150,000 tpy of polysilicon, 10 GW of solar cells and 3 GW of panels annually. The manufacturing section of the complex is expected to take four years to complete, according to the announcement. (Source: Risen Energy, Website PR, 28 Dec., 2021) Contact: Risen Energy Co Ltd., 0086-574-59953588, marketing@risenenergy.com, www.risenenergy.com

More Low-Carbon Energy News Risen Energy,  Renewable Energy,  Wind,  Solar,  Energy Storage,  


Kraft Heinz Commits to Carbon Neutrality by 2050 (Ind. Report)
Kraft Heinz
Date: 2021-12-29
Chicago-headquartered food processing giant Kraft Heinz Co. has announced a pledge to achieve net-zero greenhouse gas (GHG) emissions across its operational footprint (Scope 1 and Scope 2) and entire global supply chain (Scope 3) by 2050. As a milestone on its path to achieving net zero emissions, it will target a near-term emissions reduction of 50 pct by 2030 across all three scopes.

To that end, the Kraft Heinz net zero program aims to: promote regenerative and sustainable practices across the company's agricultural supply chain through its Sustainable Agricultural Practices Manual, which guides efforts to source 100 pct of Heinz ketchup tomatoes sustainably by 2025; transition to more circular and recyclable consumer packaging; procure a majority of the company's electricity from renewable sources by 2025; and continue the transition of key on-site manufacturing facilities to renewable energy sources.

In 2020 and 2021, Kraft Heinz conducted an assessment related to its total value chain emissions, including verifying all three scope emissions by an independent third-party. Its Scope 3 emissions account for approximately 95 pct of the company’s total emissions, so will be a primary focus of the reduction efforts.

Kraft Heinz will work in partnership with key suppliers, including ingredient and packaging suppliers, which account for approximately 62 pct and 12 pct of Kraft Heinz's Scope 3 footprint respectively, to reduce emissions across its value chain. That follows the company's own recently updated Supplier Guiding Principles as a north star. Other focus areas will include upstream and downstream transportation and distribution, end-of-life treatment and use of sold products.

Additionally, in 2021, Kraft Heinz renewed its commitment to set a science-based emissions reduction target by 2023, in alignment with the new Science Based Targets initiative (SBTi) Net-Zero Standard, and will follow the most current, credible and widely accepted climate science standards available. (Source: Kraft Heinz, PR, Dec., 2021) Contact: Kraft Heinz, 800-543-5335, www.kraftheinzcompany.com

More Low-Carbon Energy News Net-Zero news,  Carbon Emissions news,  GHGs news,  


China Pursuing Multi-Level Low-Carbon Effort (Int'l. Report)
China
Date: 2021-12-29
In Beijing, the China Ministry of Industry and Information Technology is reporting China's commitment to peak its carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060 is both national and regional in character.

The Ministry notes various levels of government are adopting low-carbon policies for green zero-carbon and zero-emission clean energy heating, increased energy efficiency, decreased use of fossil fuels and increased use of renewable energy, carbon capture and storage (CCS), green and low-carbon logistics and infrastructure and other initiatives tailored to local conditions and industries which are exploring their own green development paths to achieve climate goals. (Source: China Ministry of Industry and Information Technology, Xinhua, 29 Dec., 2021) Contact: China Ministry of Industry and Information Technology, http://english.www.gov.cn/state_council/2014/08/23/content_281474983035940.htm

More Low-Carbon Energy News China Carbon Emissions,  Climate Change,  CO2,  


Photon Offloads 160 MWp Aussie Solar PV Project (Int'l., M&A)
Photon Energy
Date: 2021-12-22
Amsterdam-based Photon Energy N.V. is reporting the sale of its 65 pct stake in its 160 MWp (DC) solar PV power project currently under development in New South Wales, Australia to the global renewable energy group WIRSOL. Photon Energy Group will see a capital gain in the amount of €0.5 million and another two milestone-related payments upon successful completion and commissioning of the project by WIRSOL.

Photon Energy Group plans to fully focus its future project development activities in Australia on large utility-scale projects based on the unique RayGen technology that combines PV Ultra solar co-generation and electro-thermal energy storage technologies. Since its foundation in 2008, Photon Energy has built and commissioned solar power plants with a combined capacity of over 110 MWp and has power plants with a combined capacity of 90.6 MWp in its proprietary portfolio. It is currently developing projects with a combined capacity of over 750 MWp in Australia, Hungary, Poland and Romania and provides operations and maintenance services for over 330 MWp worldwide, according to the company.

(Source: Photon Energy, PR, 20 Dec., 2021) Contact: Photon Energy, Martin Kysly, Marketing and Corporate Communications, +420 774 810 670, martin.kysly@photonenergy.com, www.photonenergy.com; WIRSOL Energy, www.wirsol.com

More Low-Carbon Energy News Photon Energy,  Solar,  


Elevion Acquires Belectric's the European Operations (Int'l, M&A)
Elevion ,Belectric
Date: 2021-12-22
Netherland-based Elevion Group reports it is acquiring the European and Israeli business of solar PV plant developer Belectric Gmbh from RWE Renewable Energy AG.

The sale includes the operations of Belectric Solar & Battery, which provides third-party solar engineering, procurement and construction (EPC) as well as operations and maintenance (O&M) services.

Belectric's battery storage business is not part of the deal because the Essen-based energy group needs its capabilities to expand its battery storage operations and raise the group's installed battery capacity to 3 GW by 2030. RWE is participating in battery projects with a combined capacity of over 0.6 GW, according to the release. Kolitzheim, Germany-based Belectric has constructed more than 460 solar PV power plants with 3.85 GWp of installed capacity and has a further 685 MW under construction, according to the release. (Source: Elevion Group, Website PR, 17 Dec., 2021) Contact: Elevion Group, Jaroslav Macek, CEO, www.eleviongroup.com Belectric GmbH, Ingo Alphéus, CEO, +49 9385 548-9000, Fax +49 9385 548-9040, info@belectric.com, www.belelectric.com

More Low-Carbon Energy News Elevion ,  RWE Renewable Energy,  Belectric ,  Solar,  Battery,  


ENGIE Commissions Project in US Renewables Portfolio (Ind. Report)
ENGIE North America,Hannon Armstrong
Date: 2021-12-22
Houston-headquartered ENGIE North America Inc., a leader in developing and managing renewable energy projects, and Annapolis, Maryland-based Hannon Armstrong Sustainable Infrastructure Capital, Inc. a leading investor in climate solutions, today announced operational completion of their 2.3-GW portfolio of wind and utility-scale solar projects.

The final renewable project, a 50 MW solar farm in Virginia, was commissioned and transferred into the portfolio partnership previously announced by ENGIE and Hannon Armstrong. In all, the portfolio holds 13 renewable projects online, including 1.8 GW of onshore wind and 0.5 GW of utility-scale solar photovoltaic (PV) projects. ENGIE developed and operates the portfolio of projects. (Source: Hannon Armstrong, Website PR, 20 Dec., 2021) Contact: Engie North America, Dave Carroll, Chief Renewables Officer, www.engie-na.com; Hannon Armstrong, 410-571-9860, info@hannonarmstrong.com, www.hannonarmstrong.com

More Low-Carbon Energy News ENGIE North America,  Hannon Armstrong,  Renewable Energy,  


NY Lithium-ion Battery Plant Construction Underway (Ind. Report)
Magnis Energy
Date: 2021-12-22
In the Land Down Under, Sydney, NSW-headquartered Magnis Energy Technologies Ltd is reporting work on its approximately 22,000sqm , iM3NY lithium-ion Battery Plant in Endicott, New York is well underway and nearing 50 pct completion.

Magnis Energy Technologies Ltd is a vertically integrated lithium- ion battery company with strategic investments in several aspects of the electrification supply chain including manufacturing of green credentialed lithium -ion battery cells, leading edge lithium-ion battery technology and high-quality, high-performance anode materials. "The company's vision is to enable, support and accelerate the green energy transition critical for adoption of electric mobility and renewable energy storage," according to the company release. (Source: Magnis Energy Technologies Limited , PR 22 Dec, 2021) (Contact: Magnis Energy Technologies Ltd., Frank Poullas, Executive Chairman, +61 2 8397 9888, www.magnis.com.au

More Low-Carbon Energy News Battery news,  Magnis Energy news,  Lithium-Ion news,  Energy Storage news,  


NYSERDA Awards $14.5Mn to Carbon Challenge Winners (Funding)
NYSERDA
Date: 2021-12-22
In Albany, the New York State Energy Research and Development Authority (NYSERDA) yesterday announced nearly $14.5 million in awards to the third-round winners of the Commercial and Industrial (C&I) Carbon Challenge -- part of the Regional Economic Development Council Initiative Consolidated Funding Application (CFA) Round XI awards. The awarded entities include: the City of New York; Columbia University Irving Medical Center; St. John's University; Cascades Containerboard Packaging Niagara Falls; Essity Hygiene in the Capitol Region; Holcim (US) Inc. in Ravena; and IBM Corporation.

The winning entities have committed to high-impact actions that will shrink their carbon footprints and result in a reduction of over 1.2 million metric tpy of carbon dioxide, the equivalent of taking approximately 260,000 cars off the road. Yesterday's announcement supports the Climate Leadership and Community Protection Act goals to reduce greenhouse gas emissions 85 pct by 2050 and advance a just transition for difficult-to-decarbonize and energy-intensive economic sectors.

Launched in May 2018 and administered by NYSERDA, the C&I Carbon Challenge is a competitive program that provides funding to large commercial and industrial energy users such as manufacturers, colleges, health care facilities and office building owners in New York State to develop various cost-effective clean energy projects that reduce carbon emissions.

The winning proposals, submitted through the State's annual CFA process, demonstrate the highest potential for cost-effectively implementing carbon-reducing clean energy actions. Projects that benefit disadvantaged communities received extra points in the scoring criteria when determining awards.

With yesterday's announcement, more than $31 million has been awarded through the C&I Carbon Challenge for projects that are reducing carbon emissions to improve statewide sustainability and combat climate change. Past awardees have collectively committed to reducing over 2.7 million metric tons of carbon emissions, the equivalent of taking approximately 585,000 cars off the road.

NYSERDA, a public benefit corporation, offers objective information and analysis, innovative programs, technical expertise, and funding to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. NYSERDA professionals work to protect the environment and create clean-energy jobs. NYSERDA has been developing partnerships to advance innovative energy solutions in New York State since 1975. (Source: NYSERDA, PR, 21 Dec., 2021) Contact: NYSERDA, (518) 862-1090, www.nyserda.ny.gov

More Low-Carbon Energy News NYSERDA,  Climate Change,  Carbon Emisions,  Carbon Footprint,  


MD PSC RECs Support Offshore Wind Projects (Ind. Report)
Maryland Public Service Commission
Date: 2021-12-20
In Baltimore, the Maryland Public Service Commission (PSC) reports it has awarded renewable energy credits (RECs) to Skipjack Offshore Energy, a subsidiary of the Danish developer Orsted, and Baltimore-based US Wind. The two firms are planning to construct offshore wind farms off the coast of Atlantic City.

US Wind is working on "MarWin", the first phase of its project which includes 22 turbines to generate roughly 270 MW about 17 miles from shore. The latest round of credits will enable the construction of the wind farm's second phase, "Momentum Wind" which will incorporate 55 additional turbines totaling 800 MW.

Orsted's proposed Skipjack Wind 2 would generate 846 MW of electricity, sufficient power for 250,000 or more homes. The first phase of the Skipjack Wind project will generate 120 MW, according to Orsted.

The projects, which are expected to be operational in late 2026, are additional to over 368MW of offshore wind already being developed by both companies off Maryland's shore.

Maryland legislation mandates half of the state’s energy comes from renewable power by 2030. (Source: Maryland Public Service Commission, Dec., 2021) Contact: Orsted Offshore North America, David Hardy, www.orsted.com; Maryland Public Service Commission, 410-767-8000, www.psc.state.md.us; : US Wind, Jeff Grybowski, CEO, Nancy Sopko, 410.727.4020, n.sopko@uswindinc.com, www.uswind.com

More Low-Carbon Energy News RECs,  Maryland Public Service Commission,  Offshore Wind,  Orsted,  US Wind,  RECs,  

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