Glen Allen, VA – Old Dominion Electric Cooperative (ODEC) has awarded two contracts to Hecate Energy to deliver the full output of two solar projects to be located in Northampton County and Clarke County, VA. ODEC conducted a competitive bid process during the summer administered by National Renewables Cooperative Organization (NRCO) seeking bids for solar… Keep reading →
Renewable Energy Finance
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We will never sell or share your information without your consent. See our privacy policy.Energy News Roundup: Bakken Flaring Dispute, New Solar Securitization and Crude Oil Prices Trend Lower
By Jared AndersonThe complex natural gas flaring issue associated with producing crude oil and other higher-value liquids from the Bakken Shale formation is back in the news as companies seek to address royalty payments owed for certain volumes of that flared gas. There appears to be some legal uncertainty regarding whether companies owe money to royalty owners… Keep reading →
Energy News Roundup: Putin to Cut European Gas? France’s $13.4 bn Clean Energy Plan & EPA Carbon Rule Challenge
By Jared AndersonMorgan Stanley analysts floated the idea that Russia’s President Putin could order state-controlled natural gas export monopoly Gazprom to cut supplies to European firms in retaliation for western-imposed economic sanctions. It appears the incremental damage such a move would cause to Russia’s economy makes using the “gas weapon” unlikely, but the Putin regime is not… Keep reading →
Renewable energy companies in the United States might lose a friend in the coming months. Conservative Republicans are trying to kill the Export-Import Bank, the independent and self-sustaining federal agency founded during the Great Depression that helps finance the purchase of American-made goods and services by overseas buyers. The bank’s current authorization expires at the… Keep reading →
Last week, the 2nd New York Energy Week (NYEW) concluded. At its closing ceremony, the esteemed Richard Kauffman, Chairman of Energy and Finance for New York State, Office of the Governor of New York, offered his thinking on a new energy system. There is no better person to explain the thinking behind the policy than… Keep reading →
No you can’t deposit your money in a bank powered solely by wind and solar – well, maybe you can – but that’s not what the New York Green Bank (NY Green Bank) is about. This bank manages a pool of state money designated to help finance private sector renewable energy, energy efficiency and other… Keep reading →