The company will invest the net proceeds in additional short-term capacity build-out, pipeline enhancements and in further visible mid- and long-term growth opportunities in renewables -- on top of RWE's goal of expanding its renewable energy portfolio to above 13 GW net. A portion of the funds will be used ti finance the company's previously reported planned purchase of Nordex SE's 2.7-GW onshore wind and solar project development pipeline. (Source: RWE AG, Website News, 19 Aug., 2020) Contact: RWE AG,
Rolf Martin Schmitz, CEO, www.rwe.com; Nordex, Felix Losada, +49 40 300 30 1000, +49 40 300 30 1101, firstname.lastname@example.org, www.nordex.com
More Low-Carbon Energy News RWE AG, Renewable Energy, Nordex,
Under the agreement, EDP will acquire a 75.1 pct interest in Viesgo, including the interest currently owned by Macquarie European Infrastructure Fund 4. Macquarie Super Core Infrastructure Fund will retain the remaining 24.9 pct.
EDP, through its majority owned subsidiary EDP Renovaveis (EDPR) will acquire Viesgo's renewable energy portfolio that includes 24 wind farms and two mini hydro power plants located throughout Spain and Portugal with more than 500MW of installed net capacity.
EDPR designs, develops, manages and operates wind and solar power plants that generate electricity from renewable energy sources. (Source: EDP, EDP Renewables, Global Legal Chronicle, 18 July, 2020) Contact: EDP Renewables, (713) 265-0350 (Houston), +351 21 001 25 00, www.edpr.com
More Low-Carbon Energy News EDP Renewables, M&A,
Download the Sustainability report HERE. (Source: Duke Energy, April, 2020) Contact: Duke Energy, Randy Wheeless, 704-382-8379, email@example.com, www.duke-energy.com
More Low-Carbon Energy News Duke Energy, Renewable Energy, Energy Efficiency,
Including Polaris, DTE has more than 1,300 MW of renewables online and plans to add another 800 MW by the end of 2022. DTE's renewable energy portfolio includes 15 wind parks and 31 solar arrays, all located in Michigan.
(Source: DTE, 25 April, 2020) Contact: DTE, www.dtecleanenergy.com
More Low-Carbon Energy News DTE Energy, Wind,
The Act includes measures to harness wind and solar power, expand home rooftop solar and reduce energy waste through mandatory efficiency standards. The act also sets a 5.2-gigawatt offshore wind power target, one of the largest state commitments to offshore wind to date and one with the potential to power up to 1.5 million Virginia homes.
The Act also confirms the Old Dominion State's participation in the Regional Greenhouse Gas Initiative (RGGI) cap-and-invest program, which to date has provided net benefits of over $4 billion to participating members, while helping them slash carbon emissions over 50 pct. (Source: PR, Mar., 2020)
More Low-Carbon Energy News Renewable Energy, Wind, Solar, Virginia Renewable Energy,
The RfP seeks solar, geothermal, wind, biomass and biogas technology projects compliant with Nevada's existing renewable portfolio standards. NV Energy will also consider adding supplemental energy storage systems that are integrated with the proposed renewable energy resource and stand-alone energy storage systems. Projects will be competitively evaluated on a number of factors, including best value to customers of NV Energy and creation of economic benefits to the State of Nevada.
NV Energy requests that all parties interested in becoming a bidder for this opportunity register on the company's website www.nvenergy.com and follow each of the directives under the "Steps to Complete" section of the website. Bids are due by 4 p.m. on March 9. Projects proposed by successful bidders will require the approval of the PUCN. It is anticipated the projects would be completed and producing energy for customers by December 31, 2025.
Las Vegas-based NV Energy, Inc. is a holding company whose principal subsidiaries, Nevada Power Company and Sierra Pacific Power Company, do business as NV Energy.
(Source: NV Energy, PR, 22 Jan., 2020)
Contact: NV Energy, Doug Cannon, Pres., CEO, Kristen Saibini, Corp. Communications,
More Low-Carbon Energy News NV Energy ,
National Grid will remain the distributor, providing the transmission lines and equipment by which electricity is delivered, regardless of source.
(Source: Town of Harvard, Harvard Press, 29 Aug., 2019)
Contact: Town of Harvard, www.harvard.ma.us
More Low-Carbon Energy News Renewable Energy, Wind, National Grid,
According to the plan, the city will incrementally achieve 100 pct renewable energy in the next 20 years: 2020 --15 pct; 2025 -- 25 pct; 2030 -- 40 pct; 2035 -- 70 pct; and 100 pct by 2014. The plan also stresses citizen participation in the development and financing of energy infrastructure and enables low-income citizens to participate.
In April, the city launched its green pricing program, allowing electrical customers to earmark 25, 50, 75 or 100 pct of their electrical usage to come from renewable energy. The program focuses on public education, environmental sustainability policies, and transitioning to green infrastructure for environmental and cost-saving considerations.
(Source: City of Petosky, Petosky News Review, 14 June, 2019)Contact: City of Petosky, www.petoskeyarea.com; Michigan Public Power Agency, 517-323-8919, www.mpower.org
More Low-Carbon Energy News Renewable Energy,
Stanford's green power production currently makes up 57 pct of the school's electric power consumption -- sufficient power for more than 15,000 homes. In 2021, a second solar power generation station is scheduled to come online, bringing the university’s renewable energy portfolio to 100 pct.
(Source: Stanford Daily, 14 May, 2019) Contact: Stanford University, www.stanford.edu; EPA Green Power Challenge, www.epa.gov/greenpower/college-and-university-challenge
More Low-Carbon Energy News Green Power, Renewable Energy,
In a 2018 announcement, NV Energy noted plans to add six more large-scale solar projects, three of which will include battery storage capacity. NV Energy also recently submitted its annually-required renewable portfolio standard (RPS) compliance filing to the Public Utilities Commission of Nevada, which stated that the company had exceeded the current RPS requirement for the ninth-straight year. Instead of the 20 pct required today, 24 pct of the energy the company provides is generated from renewable resources.
Nevada is a leader in renewable energy, ranking fourth in solar and second in geothermal. NV Energy has fostered renewable development since before a renewable standard was put into place, having signed its first geothermal contract in 1986. Thanks to expanding renewable energy serving our customers and the retirement of coal-fueled generation in Nevada, the state experienced an 85 pct reduction in coal-fueled carbon emissions and reduced carbon emissions from the electric industry by 44 pct from 2005 to 2015.
NV Energy Inc, which provides a range of energy services to more than 1.4 million customers throughout Nevada, is a holding company whose principal subsidiaries, Nevada Power Company and Sierra Pacific Power Company, do business as NV Energy. (Source: NV Energy, PR 23 April, 2019) Contact: NV Energy,
Doug Cannon, Pres., CEO,
Senior Corporate Communication Specialist,
(775) 834-3891, firstname.lastname@example.org, www.nvenergy.com
More Low-Carbon Energy News NV Energy, Renewable Energy Portfolio, Renewable Energy Standard,
Xcel has already cut its emissions by 38 pct from 2005 levels and aims to further cut emission to 80 pct by 2030.
To that end, Xcel is rapidly moving away from coal which in 2013 supplied 46 pct of the utility's power and expanding its renewable energy portfolio, which is expected to make up more than half its power by 2024. The company plans to build 12 new wind farms across seven states.
Xcel aims to retire 23 coal units -- about half its capacity -- between 2005 and 2027. (Source: Xcel, WRAL, 29 Mar., 2019)Contact: Xcel Energy, www.xcelenergy.com
More Low-Carbon Energy News Xcel Energy, Coal, Renewable Energy, Carbon Emissions,
The initiative is in keeping with the state's renewable energy portfolio and an important factor in forest health.
Last December, the ACC ordered their staff to develop a proposed set of rules to create a market for the 1.5 million tons of branches, brush and debris created by thinning 50,000 acres of overgrown forest annually -- the goal set by 4FRI. The ruling provided for the production of 60 MW of power from bioenergy.
Presently, only the 28-MW Novo Power in Snowflake produces bioenergy electricity in Arizona. (Source: Arizona Public Service, PR, White Mountain Independent, 22 Mar, 2019) Contact: Arizona Public Service, www.aps.com; Noveo Power, www.novopower.com
More Low-Carbon Energy News Novo Power, Arizona Public Service, Woody Biomass, Forest Biomass,
In a statement, the Public Service Company of New Mexico (PNM) said the bill "will create a greener energy economy and support our state's reforms to become a national leader in cleaner energy."
(Source: Los Alamos Daily Post, 13 Mar., 2019) Contact: Public Service Company of New Mexico, (505) 241-2700; Office of Gov. Michelle Lujan Grisham, www.governor.state.nm.us/contact-the-governor
More Low-Carbon Energy News Public Service Company of New Mexico,
In March 2018, RWE agreed to sell its majority interest in Innogy to E.ON, while keeping Innogy's renewables business and merging it with E.ON's green assets. If approved, RWE will own a 8.6-GW renewable energy portfolio in a new company with three operating divisions. With the transaction, RWE will hold a 16.7 pct equity stake in E.ON.
The transactions are expected to close in the second half of 2019.(Source: RWE AG, Renewables, 23 Jan., 2019) Contact: RWE AG, www.rwe.com;
Innogy Renewables UK, +44 1793 877777, www.innogy.com/web/cms/en/3708678/innogy-renewables-uk; E.ON, Michael Lewis, CEO Climate and Renewables, +49 2 11 45 79 4170, www.eon.com
More Low-Carbon Energy News E.ON, RWE AG, Innogy, Renewable Energy,
The projects -- three on Oahu, two on Maui and two on Hawaii Island -- will add approximately 262 MW of solar energy with 1,048 MWh of storage.
The prices for six of the seven projects, which are the lowest to date for renewable electricity in the state, are charged to customers with no mark-up or profit to the utility.
The seven solar-plus-storage projects are the result of a procurement effort the HECO companies began in February 2018 to expand their renewable energy portfolios. An additional project, a 12.5-MW solar array in West O‘ahu that will include a 50-MWh storage system, is also being planned, with the contract expected to be submitted to regulators in coming weeks.
HECO presently has over 500 MW of
renewable energy under contract in addition to nearly 80,000 private rooftop systems in
operation. (Source: HECO, PR, 3 Jan., 2019) Contact: HECO, Shelee Kimura, VP Bus. Dev., (808) 543-7780, email@example.com, www.hawaiianelectric.com
More Low-Carbon Energy News Hawaiian Electric Companies, Solar, Energy Storage, Renewable Energy,
The 12.5-MW solar array will be in West O'ahu and include a 50-MWh storage system, details of which will be released at a leter date.
Hawaiian Electric is currently negotiating PPAs with developers of the solar projects to set the terms for them to sell electricity to the utility. The goal is to complete the agreements so the projects can take advantage of federal tax credits. Final terms will be announced when the agreements are submitted to the Public Utilities Commission for review.
Including the latest project, there are now five major grid-scale projects announced for O'ahu in
recent weeks, part of the largest infusion of renewable energy in state history.
The projects -- four solar and one wind project -- are designed to generate 186 megawatts,
displacing an estimated 800,000 barrels of oil annually.
Previously announced projects on O'ahu include:
Kunia Solar, 52 MW with 218 MWh storage;
Mililani Solar, 39 MW with 156 MWh storage;
Waipio Solar, 36 MW with 144 MWh storage; and
Palehua Wind, 46.8 MW.
Several other major renewable projects totaling 154 MW are under construction or awaiting permitting on
O'ahu. (Source: Hawaiian Electric, PR, 18 Dec., 2018) Contact: Hawaiian Electric, www.hawaiianelectric.com
More Low-Carbon Energy News Hawaiian Electric, Solar, Energy STorage,
The company seeking proposals that provide the best value to customers, with winning facilities beginning their contracts in November.
The plans are part of the company's Renewable Energy Development Initiative which aims to increase its solar energy generation from 970 mw of solar capacity by 1,600 mw by 2021.
(Source: Georgia Power, Atlanta Journal-Constitution, AP, 5 Aug., 2018) Contact: Georgia Power, Wilson Mallard, Renewable Energy Development Dir., (404) 506-6526, www.georgiapower.com
More Low-Carbon Energy News Georgia Power, Solar,
Including this acquisition, Foresight's renewable energy portfolio will include 20 AD plants in Germany and the UK totaling 154 MW cpacity. (Source: Foresight Group, Renewables, 26 JUne, 2018)
Contact: Foresight Group, http://www.foresightgroup.com; Lindhorst Gruppe, +49 5143 98100, www.lindhorst-gruppe.de
More Low-Carbon Energy News anaerobic digestion, Foresight Group,
The project, Maui's first utility-scale solar project, will independently owned and operated by Kenyon Energy. The project, which was financed through Key Equipment Finance, will sell its power to Maui Electric.
Maui County's 34 pct renewable energy portfolio exceeds the state's 30 pct renewable energy by 2020 target. (Source: Maui Electric Company, MauiNow, 7 May, 2018)
Contact: Kenyon Energy, Clay Biddinger, CEO, (727) 216-4000, www.kenyonenergy.com;
Maui Electric Company, (808) 871-9777, www.mauielectric.com; Maui Research & Technology Park, www.mauitechpark.com
More Low-Carbon Energy News Solar, Maui Electric , ,
DTE plans to bring two wind energy projects that are already in the works online by 2019, and build two more that will go online by 2022. The company also plans to invest in another 300 megawatts of wind energy capacity to serve businesses that want to participate in a voluntary green energy program.
(Source: DTE, Michigan NPR, 30 Mar., 2018) Contact: DTE Energy, Irene Dimitry, VP Business Planning & Development, David Harwood, Renewable Energy Dir., www2.dteenergy.com
More Low-Carbon Energy News DTE Energy, Wind,
According to Aquila, conditions at the project sites and the low cost of PV power systems motivated the transaction. Aquila also reports it has inked a power purchase agreement with a local third party for the power produced by the solar parks.
In total, Aquila Capital manages a renewable energy portfolio with a transaction volume of more than €3 billion in ten countries. (Source: Aquila Capital, FTSE, 14 Dec., 2017)Contact: Aquila Capital, +49 40 87 5050-100,
+49 40 87 5050-129
More Low-Carbon Energy News Solar, Aquila Capital,