By Sara E. Murphy, Contributor, GreenBiz Group
According to BloombergNEF (BNEF) data, total sustainable debt issuance surpassed $1 trillion in 2019, in what BNEF characterized as “a landmark moment for the market.” Some mechanisms for verification and setting standards already have emerged, including the Green Loan Principles promulgated in March 2018. Building on those principles, the Sustainability Linked Loan Principles (PDF) (SLLPs) were launched this March. The framework features four core components: Learn more here.
Sara E. Murphy is a consultant and freelance writer on sustainable investment and corporate responsibility, with a focus on climate change and extractive industries. Her articles have appeared in the Motley Fool and Responsible Investor.
BIFACIAL SOLAR MODULE EXEMPTION NEWS
Court Temporarily Halts Trump Administration’s U-Turn on Bifacial Solar Modules, Greentech Media The bifacial solar module exemption lives to fight another day in a provisional win for developers like Invenergy.
THE SOLINATOR GARDEN
Colorado’s Solinator Garden completed by Solaris Energy and Namasté Solar, Solar Builder
Solaris Energy and Namasté Solar – two Colorado-based solar firms that work nationwide – have completed The Solinator Garden, a 1-megawatt solar array at Kyle Ave in Fort Collins. The system involved over 100 Colorado-based people, including staff at Namasté Solar, Solaris Energy, and the Fort Collins Utilities as part of their Solar Power Purchase Program (SP3). The Solinator Garden is named to highlight the project’s use of land underneath and around the solar panels to provide a healthy habitat for local pollinator species.
Tri-State Generation and Transmission sells electricity to 43 distribution cooperatives in New Mexico, Colorado, Wyoming and Nebraska.
- Changing energy landscape shakes up rural co-ops, Albuquerque Journal
This is the first part of a three-day series exploring how rural electric cooperatives served by wholesale power supplier Tri-State Generation and Transmission are struggling to meet new renewable energy and carbon-reduction mandates and transition to a cleaner, lower-cost grid. The co-ops want freedom to build or purchase a lot more renewable energy independent of Tri-State, which limits self-generation by its member utilities to 5% of their total electric load, meaning 95% of their power must come exclusively from Tri-State under long-term agreements that stretch to 2050.
- Kit Carson Electric expects to be at 100% daytime solar by 2021, Mountain Town News
In 2016, the coop began negotiating with wholesale provider Tri-State Generation and Transmission for an exit fee. It also hooked up with Guzman Energy, then a new full-requirements power supplier. With Guzman paying the $37 million exit fee, Kit Carson and Guzman in 2017 accelerated investments in solar energy.
- For Colorado energy provider, the future of coal looks increasingly grim, Energy News Network
NEW EV REPORT
Incentives for EVS, charging infrastructure are key Q3 trend, American Public Power Association Among the top electric vehicle policy trends in the third quarter of 2019 was financial incentives for electric vehicles and charging infrastructure, with the majority of incentives under consideration being rebate programs, a new report from the NC Clean Energy Technology Center said.
Executive Summary: 50 States Of Electric Vehicles, NC Clean Energy Technology Center
EC TOOL FOR CONSTRUCTION PROFESSIONALS
Building Transparency.Org: Embodied Carbon in Construction Calculator (EC3)
EC3 is a free, industry-supported, construction-specific material search and planning tool that helps construction professionals quantify EC, find high-impact reductions, and guide procurement to reduce embodied carbon. Embodied Carbon (EC) makes up most of the 2030 climate impact of a typical new office building. EC is the CO2 emitted in producing materials for a building, e.g. concrete, steel, glass, and timber. Substantial emissions come from both the energy and the chemistry involved, and are about 8% of global emissions.
- Fukushima to be reborn as $2.7bn wind and solar power hub: Twenty-one plants and new power grid to supply Tokyo metropolitan area. Nikkei Asian Review
Japan’s northeastern prefecture of Fukushima, devastated during the 2011 earthquake and nuclear disaster, is looking to transform itself into a renewable energy hub, Nikkei has learned. A plan is under way to develop 11 solar power plants and 10 wind power plants in the prefecture, on farmlands that cannot be cultivated anymore and mountainous areas from where population outflows continue.
- The problem with China’s ‘clean coal’ push is that there is no such thing as ‘clean coal’, South China Morning Post. As China knows, “clean coal” simply does not exist. “Clean coal” describes a hope that new technology like emissions abatement or carbon capture and sequestration might one day solve the coal problem. To date, both technologies have proven uneconomic and unsuccessful in reducing emissions.
- Navigant Research Expects Annual Added Capacity from Distributed Energy Storage Systems Worldwide to Grow Nearly Twentyfold by 2028, Business Wire. Primary growth drivers include cost declines, government incentives, and increased solar PV integration.
A SERIES FOR CHILDREN
Curious Kids: how do solar panels work, The Conversation AU
The Sun produces a lot of energy called solar energy. Australia gets 20,000 times more energy from the Sun each day than we do from oil, gas and coal. This solar energy will continue for as long as the Sun lives, which is another 5 billion years.
Additional Recommended Reading: Curious Kids: how does electricity work?