Author / Calvin Cao
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New residential loan options make paying for solar easier
In 2018, more than 300,000 residential solar systems were installed and that number is expected to grow in 2019. To make it easier for these green-minded consumers to go solar, last week, two companies, EnerBank USA and Mosaic, each announced offerings that will help solar installers and homeowners gain access to the capital needed to…
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How car insurers could help connect community solar with EV customers
The insurance industry has lots of exposure to climate change. But as Warren Buffet has explained, not so much for companies that do annual policy adjustments, like Berkshire Hathaway. Their exposure is limited because the trends are baked into the premiums. But there is an opportunity for reducing insurance risk due to climate change, and…
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Siemens Gamesa to supply 43 wind turbines to Canadian project
With more than 3,000 MW installed in Canada, Siemens Gamesa Renewable Energy is the market leader by cumulative installed capacity Source: Renewable Energy
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Ball Corporation plans 100 percent renewable push; purchases 388 MW of wind and solar
This week global energy and infrastructure group, Eversheds Sutherland, announced that it helped Ball Corporation secure two virtual power purchase agreements (VPPAs) – one wind and one solar – for a total of 388 MW of new renewable energy. According to Ball, these agreements will allow the company to power 100 percent of its corporate,…
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New York commits another $280M for energy storage
This week New York Governor Andrew M. Cuomo announced that $280 million of support is available for energy storage projects. Source: Renewable Energy
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GE expanding Turkish wind turbine blade factory; hiring 300 workers
This week LM Wind Power, a subsidiary of GE Renewable Energy, announced its plan to recruit 300 additional employees at its wind turbine blade manufacturing site in Bergama, Turkey. Source: Renewable Energy
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EU approves €385 million renewable energy scheme for Lithuania
The European Commission has approved a €385 million (US$429.7 million) renewable energy scheme to support renewables generation in Lithuania, including hydroelectric power. Source: Renewable Energy
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Tesla continues to lose marketshare in U.S. rooftop solar market
A year ago, Tesla Inc. lost its throne as king of the U.S. rooftop solar business to Sunrun Inc. Now, it may get relegated to third place. Source: Renewable Energy
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General Mills inks 200-MW Clean Energy PPA for Texas wind power
The wind farm will produce renewable energy credits that, combined with the company’s previous agreement, should equal 100 percent of electricity used annually at General Mill’s domestic facilities. Source: Renewable Energy
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Minigrid combines solar and digital to electrify Togo village
Solar energy is now providing the electricity for an entire village in Togo of 4000 people, powering streetlights, homes, schools and shops. Source: Renewable Energy