Blog
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How to resolve prior mortgage issues on renewable energy projects
Contributed by Tricia (TJ) Jackson Prior mortgages are typical due diligence items in the real estate title review process for renewable energy projects. Resolving issues related to prior mortgages is key to establishing a title policy that is satisfactory to lenders and investors while also protecting the project company’s real property assets. The following serves…
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Kamoa Copper extends agreement to facilitate upgrade of turbine at Inga II hydropower
Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng “Miles” Sun announced that Kamoa Copper SA sister company Ivanhoe Mines Energy DRC has extended its existing financing agreement with the Democratic Republic of Congo’s La Société Nationale d’ Électricité (SNEL) to upgrade turbine 5 in the 1,424-MW Inga II hydropower facility on the Congo River. Ivanhoe Mines…
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Register: REW+ virtual event explores future of community solar and solar+storage
Stay informed about the latest renewable energy trends & technologies RENEWABLE+ Series is our new semi-annual virtual conference series focused on renewable energy. Hear directly from industry leaders at top companies like: Community Solar Projects and Programs: Today and TomorrowWednesday, October 6, 2021 | 10:45 AM CDT This session will bring together a project owner…
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Chevron backs long-duration thermal energy storage developer Malta
Follow @EngelsAngle Long-duration thermal energy storage developer Malta raised $60 million in its oversubscribed Series B financing round with added support from Chevron Energy Ventures and Piva Capital. The capital will be used to advance the company’s commercialization strategy, according to a press release. “Our mission is to make renewables dispatchable,” said Ramya Swaminathan, CEO…
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Infrastructure, reconciliation packages bring Biden’s emissions target within reach, Schumer says
Follow @EngelsAngle The U.S. can nearly reach the Biden administration’s goal of cutting greenhouse gas emissions with the approval of a bipartisan infrastructure bill and $3.5 trillion budget reconciliation package, Senate Majority Leader Chuck Schumer wrote to colleagues Wednesday. CNN first reported the analysis by Schumer’s office that said the bills would position the U.S.…
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Widespread electrified transport is coming fast— Are we ready?
Contributed by Neha Palmer, CEO of TeraWatt Infrastructure Electrified transport is about to come in a tidal wave to North America. As the rate of adoption of personal electric vehicles (EV) accelerates, the electrification of commercial electric fleets of medium- to heavy-duty vehicles is quickly following suit. Corporate sustainability goals, ESG investments, and government policy…
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EIA: Curtailments of solar electricity generation continue to increase in California
Follow @EngelsAngle The California Independent System Operator (CAISO) curtailed 1.5 million MWh of utility-scale solar-powered electricity generation in 2020 — 5% of total utility-scale production — according to a new report by the Energy Information Administration. The data represents an increasing trend of monthly solar curtailments in the state since January 2015. CAISO is expected…
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Op-Ed: IPCC report proves why we can’t rely on coal-fired solar to solve the climate crisis
This Op-Ed was contributed by Michael Parr, executive director of the Ultra Low-Carbon Alliance The UN Intergovernmental Panel on Climate Change has issued a sobering report that confirms what’s increasingly obvious in our daily lives: we’ve polluted the atmosphere with so much carbon that we have already “locked-in” a 1.5-degree C rise in average global…
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Renewables made up 92% of new generating capacity in the U.S. in the first half of 2021
Washington DC – According to a review by the SUN DAY Campaign of data recently released by the Federal Energy Regulatory Commission (FERC) and the U.S. Energy Information Administration (EIA), renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) dominated new U.S. electrical generating capacity additions and increased their contribution to the nation’s electrical production in the…
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Wind turbine manufacturer Vestas receives 50 MW order in Poland
Follow @EngelsAngle Vestas, a global manufacturer and installer of wind turbines, has received orders for 50 megawatts from the Project Joint Venture between V-Ridium Power Group and KGAL in Poland. Vestas will supply and install turbines at the 15 MW Podlasek and 35 MW Wólka Dobryńska projects, both with anticipated commissioning by the end of 2022.…