By Christian Roselund, PV Magazine
For the past few years we at pv magazine have been reporting on the trend of asset managers, infrastructure funds, and even insurance companies and pension funds moving in to buy up portfolios of solar projects, starting with yieldcos and large-scale projects, and later moving into distributed solar portfolios. The acquisitions have become particularly intense in the past few months, and we’ve written about the “wall of money” looking for projects to buy. Now these funds may be making the next step, which is going from buying projects to investing in the developers and other companies that make these projects happen. Read more here.
Photo Credit: Clean Energy Collective
ADDITIONAL RECOMMENDED READING
- Clean energy engineering experts share blueprints for zero-emission buildings, Energy News Network. Buildings account for nearly four-tenths of U.S. energy consumption through heating, cooling and other electricity use, according to the Energy Information Administration. And if that energy comes from fossil fuels, it releases more greenhouse gases that drive human-caused climate change.
- Washington becomes sixth US state to commit to 100% renewables, Renew Economy
Currently, Washington State generates 68% of its electricity from hydroelectric sources, while coal and natural gas combine to account for 24%, and nuclear power provides 4%. This provides the opportunity for significant wind and solar expansion which could also be paired with energy storage.
- Previously posted PV Magazine article: 2 GW of pumped hydro storage proposed for Arizona. Earth has an estimated 500,000 suitable sites for closed-loop pumped hydro storage, which can pair well with solar power. In the United States, 24 pumped hydro storage units are in operation, totaling 18.4 GW of capacity. Most were authorized more than 30 years ago—attesting to the longevity of the technology—as reported by the Federal Energy Regulatory Commission (FERC).
- Report: We Can Reach 100% Renewable Energy, Care2
A new report by a Finnish University says that we could achieve 100 percent renewable energy globally, if our governments would only act. The “Global Energy System based on 100% Renewable Energy – Power, Heat, Transport and Desalination Sectors” report is the work of Lappeenranta University of Technology (LUT) from Finland, and the Energy Watch Group (EWG) from Germany.
NEBRASKA ENERGY OFFICE LOANS
Nebraska Dollar and Energy Saving Loans are offered statewide by the Nebraska Energy Office and the state’s lending institutions. The simple interest rates are as low as 1%*.
*final annual percentage rate (APR) may vary by lender and loan fees charged.
Many common home, building or system energy improvements qualify for financing.