The geothermal industry’s efforts to grab a bigger slice of the growing renewable energy pie met with some success in 2014, though that wasn’t reflected in the United States, where questions remain as to when – or if – geothermal might become more than a relatively small, regional player. Previewing its latest annual report, the… Keep reading →
Is that massive Apple solar play that made news on Tuesday burnishing the tech titan’s green cred? It might be, but environmentalists aren’t thrilled about the whole thing. Not that they’ve got anything against Apple – or solar power, they say. Kim Delfino is California director of the group Defenders of Wildlife, an organization that has… Keep reading →
Under pressure from greens, Amazon Web Services – the online retail giant’s market-leading cloud business – is moving to clean up its carbon act. AWS on Tuesday announced it would buy power under a 13-year contract from a wind farm that Pattern Energy will build in Indiana. The way some companies pay to get stadiums… Keep reading →
US military veterans are often a great fit for oil & gas industry jobs and Pennsylvania has developed numerous programs to help make that connection. “The traits that the military imparts on the men and women — loyalty, courage, safety, commitment, leadership, teamwork — are all valued by employers in this industry,” said Dave Pistner,… Keep reading →
These days, a $40 million dollar equity financing deal might not seem groundbreaking in America’s power markets. But for the keen analyst of distributed solar energy, that same investment may just herald a shift toward the future of project financing. Count our team among the latter after John Hancock Life Insurance announced it would partner… Keep reading →
Domestic military installations require reliable energy sources that can power their operations 24-hours per day under all circumstances. Mission assurance, cost savings and mandated energy saving initiatives are driving the Department of Defense to deploy new energy technology with the help of innovative financing mechanisms. The three main military branches each have a goal of… Keep reading →
A new plant being built in Glendale, Arizona, promises to be the nation’s first landfill facility to transform waste into energy when it opens in April. The facility, located just a few miles west of the University of Phoenix Stadium, will create electricity through a process called pyrolytic gasification, a technology purchased from The Hoskinson… Keep reading →
More efficient technology combined with low costs and good wind resources are making wind cost-competitive with some of the cheapest forms of fossil energy in the Midwest. “In the Midwest, we’re now seeing power agreements being signed with wind farms at as low as $25 per megawatt hour,” said Stephen Byrd, Morgan Stanley’s Head of… Keep reading →
“You’d think the thrill might wear off this whole renewable energy investing thing after a while. Nope—we’re still as into it as ever.” This week, Google announced an $80 million equity investment in six solar photovoltaic projects being developed by Recurrent Energy in Arizona and California. The deal marks the company’s 14th investment since it started eyeing project-level… Keep reading →
Opinion: The Move From Contracted Assets to Managing Merchant Risk – Are You Ready to Capture the Upside?
By John R. KellerFor many years, the recipe for a successful and bankable investment in the power generation space called for one main ingredient; the long-term Power Purchase Agreement (PPA). The PPA was, and still is in many cases, the primary factor determining the bankability and feasibility of a project. However, in most of the deregulated US power… Keep reading →