Category Archives: Financing

The High-Performance All-Electric Home

By Joe Wachunas, CleanTechnica

A short 15 months ago, Berkeley, California launched the city-led electrification movement by (essentially) banning gas in all new construction. Then, in a blink of an eye, over 35 cities across California and the United States followed Berkeley’s lead.  Thus, we find ourselves at an inflection point where the all-electric home seems poised to become the default clean energy abode of the future. And there are many additional benefits to all-electric homes for both consumers and builders that make reasons for fuel switching even more compelling. Read more here.

Related Reading

Also written by Joe Wachunas: On the Cutting Edge of Vehicle to Grid. CleanTechnica

TESLA SOLAR ROOF INSTALLATION

Tesla Solar Roof Install Time Lapse – 40 Squares in 4 days, YouTube Video 
Weddle and Sons Roofing just completed a 15kW Tesla Solar Roof installation near Topeka, Kansas. 

Tesla Solar Roof Website
Weddle & Sons Roofing offices in Lincoln and Omaha
Installing A Tesla Solar Roof, by Weddle & Sons Roofing

SOLAR & ENERGY STORAGE FINANCING

Service Finance Company to deliver competitive and convenient financing packages for Panasonic brand solar modules and EverVolt™ energy storage systems, Panasonic News Release

Panasonic and Service Finance Company today announced PowerOn, a new home energy storage financing program exclusively for Panasonic EverVolt™ Certified Installers that enables them to offer 100% financing to homeowners who buy a complete energy storage system including EverVolt™ battery storage and Panasonic brand solar modules, or EverVolt™ battery storage.

CORPORATE RENEWABLE ENERGY PROCUREMENT

Corporate renewable energy procurement jumps 45% in 2020, Solar Power World
More than any other country, the United States has a growing portion of new renewable energy projects being built to meet demand coming directly from corporations.

EDF RENEWABLES  & GEENEX SOLAR

EDF Renewables North America and Geenex Solar Transact on a 4.5 gigawatt (GWac) Solar Development Portfolio, EDF Renewables News Release. The portfolio of project assets in the transaction exceed 20 solar projects in various stages of development.

Previously Posted News Release: EDF Renewables acquires Nebraska wind project

Milligan 1 Wind Project Website
Milligan 1 Wind is a $350 million investment in Saline County. The 300 MW wind farm project will generate clean energy for more than 100,000 homes, boost the local economy with millions in new spending, produce $45 million in total tax revenue, and create more than 200 jobs while sustaining 150 small family farmers and landowners with stable lease payments of more than $50 million over the life of the project. The project is planned to begin operation in late 2020.

CARBON OFFSETS

Michigan officials look to state forests as an offset for carbon emissions, by Tom Perkins, Energy News Network. Skeptics worry the plan will give polluters an inexpensive and imprecise option to meet future emission targets.

HOLIDAY GIFT IDEA: SOLAR GROWN™ HONEY

Clif Family Introduces Solar Grown™ Honey and Honey Spreads Adding to Its Line of Artisan Foods: Harvested From Honey Bee Hives on Pollinator-friendly Solar Farms, The New Products Demonstrate a Productive Use of the Land Around Ground-Mounted Solar Panels.

Solar Grown™ Honey & Honey Spreads. Free shipping on orders of $40 or more.

Commentary: A call to action on race and equity in the clean energy industry

By Bee Hui Yeh and Jacob Susman, Energy News Network

The fight for clean energy is the fight for a better tomorrow: the right to clean air and water, affordable and reliable electricity, and better transportation. But for too long we’ve ignored a central question: for whom? A monolithic population? Or, more precisely, for the communities of color hurt first and worst by the impacts of climate change?

Nearly a century after the construction of the arsenal of democracy helped drive the U.S. from the depths of the Great Depression, as we find ourselves amid a pandemic and economic crisis, the prospect of a clean-energy economy puts us at the cusp of a bright new industrial age. It’s one that can reshape our grid, our businesses, and our lives, generating millions of reliable, well-paying jobs to build a cleaner, safer, more resilient, and more energy-secure America. Continue reading here.

About the Authors
Bee Hui Yeh is the founder of the Power of We and an advisor at Plan C Advisors. Jacob Susman is an impact private equity investor and founder/CEO of the renewable energy startup OwnEnergy.

Photo by Laurie Schaull / Wikimedia Commons

NONPROFIT OLYSOLAR

Youth Climate Activists Strive to Build Thurston County’s Largest Solar Energy Installation, Thurston Talk. Of the 8 team members that make up Olympia Community Solar (OlySolar), 7 are under the age of 30. Motivated by the realities of the planet’s changing climate, OlySolar is a nonprofit whose mission is to help every electric customer in Washington access clean energy.

NEBRASKA CLIMATE ACTION LEADERSHIP

Regents hear renewed plea to divest NU funds from fossil fuels, Lincoln Journal Star
Since students in Divest NU first raised the issue of the University of Nebraska pulling $91.3 million in investments from fossil fuel companies to the Board of Regents, late last year and earlier this year, the world changed once more. In addition to the ongoing coronavirus pandemic, wildfires have scorched hundreds of thousands of acres in the West. Hurricanes and tropical storms continue to batter the Gulf Coast in a record-breaking year. And nearly 80% of Nebraska is experiencing a drought. Representatives from Divest NU returned to Thursday’s meeting of the board to renew their plea for the university to take action.

Updated, previously posted Journal Star articles:

FEATURED CLIMATE EDUCATION PROJECT: CLIMATE CHANGE NEBRASKA

Climate Change Nebraska was created by journalism students at the University of Nebraska-Lincoln. For this in-depth project examining the impact of climate change on Nebraska, the College of Journalism and Mass Communications opened the rigorous application process to all students at the University of Nebraska-Lincoln. In the end, 20 students drawn from seven different colleges representing 13 different majors were selected for the yearlong project.

Students enrolled in the spring semester focused primarily on problems associated with climate change – including its impact on Nebraska’s agriculture, livestock, wildlife, public health, waterways, national defense and religions. Students in the fall 2020 semester will focus primarily on a range of potential solutions to a variety of climate change issues – including renewable energy sources, sustainability initiatives, no-till farming, carbon sequestration, nuclear fusion and stronger environmental laws.

NEW SOLAR INDUSTRY ALLIANCE

New Alliance Formed to Support Low-Carbon Solar Energy, Solar Industry
Renewable energy companies from a diverse cross-section of the solar industry have joined together to launch the Ultra Low-Carbon Solar Alliance. The alliance will work to build greater market awareness around how solar supply chain decarbonization is producing solar panels with low embodied carbon to help governments and companies meet aggressive sustainability goals. 

AGRIVOLTAICS

How To Have Your Solar Farm And Keep Your Regular Farm, Too, NPR / KIOS 
[Zaid Ashai, CEO of Nexamp, a solar company based in Boston] believes that farming and solar can be friends. For small farms that are struggling, leasing land to solar companies can be a financial lifeline, helping them survive. Farmers can earn a thousand or more dollars per acre per year from these deals. Ashai and others are also exploring ways to capture the sun and still farm the land–though perhaps with a different kind of farming.

SOLAR OPTIONS FOR RENTERS

Will the Distributed Energy Revolution Leave Renters Behind?, Greentech Media
Renters can enjoy clean backup power through a handful of groundbreaking programs that make it available to multifamily housing. And a small crop of products can help renters through a blackout without radically altering their homes. But the few emerging options leave plenty of gaps for the industry to fill.

TRI-STATE

Tri-State proposes rate reduction, resource procurement flexibility, but not enough to stop member exit, Utility Dive

The T&D provider’s efforts may not be enough for members looking to exit its service. United Power and Tri-State have been at odds over whether state or federal regulators have oversight of exit fees that would be required to terminate their supply arrangement. La Plata Electric Association is also seeking an exit charge. Tri-State is a cooperative of 45 members, including 42 electric distribution cooperatives and public power districts in four states: Colorado, Nebraska, New Mexico and Wyoming.

CLEANTECH CAREERS SERIES

What’s It Like to Be an HVAC Installer or Technician?, Greentech Media
One of the biggest jobs in clean energy is also one that is sometimes overlooked. In this GTM series, we’re asking people in cleantech to tell us what their jobs are like. We hope the series can serve as a source of information and inspiration for recent graduates, professionals planning their careers or anyone who wants to transition into the industry. We also hope it makes cleantech opportunities more visible and accessible to groups that are underrepresented in our growing industry, including women and people of color.

GREEN BONDS

In recognition of clean energy progress, green bonds shoot past trillion-dollar mark, Renewable Energy World. According to research company Bloomberg New Energy Finance, green bonds have passed their biggest milestone yet, with more than $1 trillion issued since these securities first emerged in 2007. BNEF says that green bonds are the longest standing and most heavily used instrument in the sustainable debt market, which covers a range of fixed-income products offering environmental and social benefits.

PV RECYCLING

This game-changing solar company recycles old panels into new ones, Fast Company
At a recycling plant in Ohio, next to the company’s manufacturing facility, First Solar uses custom technology to disassemble and recycle old panels, recovering 90% of the materials inside.

DOE’S WIND ENERGY TECHNOLOGY DATA UPDATE: 2020 EDITION

From DOE’s Lawrence Berkeley National Laboratory
The United States added 9,000 MW of new land-based, utility-scale wind power capacity in 2019, bringing the national total to 105.6 gigawatts. Wind power represented the second-largest source of U.S. electric-generating capacity additions in 2019 and provides more than 10% of electricity in 14 states. Continuing the long-term trend, average turbine capacity, rotor diameter, and hub height increased in 2019, significantly boosting wind project performance to a capacity factor of 41%. The national average price of wind power purchase agreements has dropped to less than 2 cents per kilowatt-hour, and the levelized cost of energy has dropped 60% in the past 10 years to $36 per megawatt-hour. View a PowerPoint summary.

Hemingford Solar Array Powered Up

By Kay Bakkehaug, Hemingford Ledger

Monday morning was a beautiful, sunny morning without a cloud in the sky; a perfect day to celebrate the Village of Hemingford’s solar array field with a ribbon cutting hosted by the Hemingford Chamber of Commerce. The solar system was up and running on September 9th.

The completed solar array is located just north of the Box Butte County Fair Grounds, on the west end of the Hemingford Golf Course. The Village Board of Trustees began discussions with GenPro back in early 2017. Village of Hemingford Chairman John Annen took the moment to thank everyone for their hard work on the project. Read more here.

Photo Credit: GenPro Energy Solutions

Previously Posted: Contracts for Hemingford Solar Project Signed, by Kay Bakkehaug, Scottsbluff Star Herald

Clean energy should prioritize creating equitable partnerships

Utility Dive article contributed by Lavannya Pulluveetil Barrera,
access and equity program manager at Vote Solar.


Partnerships with frontline communities, communities of color, and low wealth communities are essential to creating a just energy system. It should come as no surprise that those closest to the problem hold the most transformative solutions, yet often the leaders representing those communities are absent from coalition tables pushing clean energy policy, are not heard on main-stage panels at conferences, are not contacted when building projects where people stand to benefit the most from the clean energy transition. Read more here.


PUERTO RICO

White House authorizes $9.6B to rebuild Puerto Rico’s grid, but how can it be spent?, by Robert Walton, Utility Dive

The Trump Administration on Friday announced the Federal Emergency Management Agency (FEMA) authorized $9.6 billion to rebuild Puerto Rico’s power infrastructure — three years after the island’s electric grid was destroyed by Hurricane Maria. Questions remain, however, about how the federal disaster recovery funding can be spent, including whether the money can go towards new distributed generation or must be spent repairing existing infrastructure.

FIRST-EVER SOLAR MORTGAGE REIT

How Solar Investors Can Help Pave The Way For A Green Economic Recovery, Forbes
The writer, a Forbes Councils Member is Co-Founder and CEO of RadiantREIT, targeting institutional investors to build the first-ever solar mortgage real estate investment trust.

SOLAR RACKING & TRACKING INNOVATION

US solar racking industry now innovating, consolidating, PV Magazine
With installers and developers trying to squeeze every kilowatt-hour out of every rooftop and every array, racking and trackers are the unsung heroes that secure and tilt panels, while maximizing output and protecting wiring and other gear.

AMERICAN WIND POWER FACTS

Six Facts to Know About American Wind Power During National Clean Energy Week, Climate Week NYC, REVE

U.S. wind power plays an important role in diversifying America’s energy portfolio, and provides affordable, reliable electricity for millions of Americans.  As we kick off both NCEW and Climate Week NYC and their discussion of common-sense solutions to support economic recovery, here are six things you need to know about wind energy:

WALMART

FACEBOOK’S NEW CLIMATE STRATEGY

Facebook aims to fight climate misinformation and reach net zero emissions by 2030, BusinessGreen article republished by GreenBiz

Following years of criticism for its part in the spread of climate misinformation, Facebook has announced plans for a new virtual Climate Science Information Center that will connect its users to up-to-date science-based climate information. The Climate Science Information Center initially will launch in the United States, United Kingdom, Germany and France and bring together factual resources from the world’s leading climate organizations. The firm announced the launch of the dedicated climate space on its site last week as it announced a new plan to reach net zero emissions from its supply chain, including suppliers, employee commuting and business travel, by 2030. 

TESLA BATTERY DAY

Tesla slashes the price of the Powerpack by 27% on Battery Day

EV program recharging for another year

By Jason Kuiper, The Wire

OPPD’s popular electric vehicle rebate program is back for a third year. Historically, the program has had a measurable impact on adoption of electric vehicles (EVs) in the OPPD service territory. The rebates have sold out every year. This year, the rebates for residential electric vehicles and chargers are still available. A fleet vehicle replacement rebate for businesses is new this year. EV fleet rebates are rare in the national market, but OPPD is leading the way by making these rebates available to business customers. Learn more here.

LES & NPPD EV PROGRAMS & INCENTIVES

AWEA’s American Wind Week 2020: Businesses power up with wind

Do you know how much of your day is powered by wind? The answer is probably more than you think! To close out #AmericanWindWeek2020, we’re celebrating our corporate buyers of wind power. Fortune 500 Companies are building a new way to do business by powering their factories, data centers and stores with wind. Not only does this practice help their bottom line, it’s good stewardship as well. Read more here.

Additional Recommended Reading – American Wind Energy Association Post
#AmericanWindWeek 2020: Wind powers community investment

In Nebraska: Facebook & Other Corporations Are Purchasing Renewable Energy

Shown in the above photo by Enel Green Power: Rattlesnake Creek Wind Farm, which became operational at the end of 2018, is Nebraska’s second-largest wind farm. Facebook’s Data Center in Papillion purchases power virtually from the wind farm.

“We’ve made a commitment to powering our data centers with renewable energy. This benefits us, Nebraska and to the environment in general. Our partnership with Enel Green Power supports this, bringing 320 MW of wind energy onto the State’s grid and boosting new investments and jobs in eastern Nebraska.” – Bobby Hollis, Director of Global Energy for Facebook

Additional Recommended Viewing & Reading 

  • You Tube Video

Nebraska Currently In The News Here

  • Masdar Buys Into 1.6GW EDF Renewables Pipeline in One of the Year’s Biggest Deals, Greentech Media. Last year, state-owned Masdar, part of the United Arab Emirates’ Mubadala Investment Corp., made its first foray into the U.S. renewables market, buying stakes in two smaller wind farms from the U.K.-based John Laing Group. Mubadala is one of the world’s largest sovereign wealth funds. The latest eight-project deal with EDF is a big step up. Masdar will buy half-stakes in three wind farms in Nebraska and Texas totaling 815 megawatts, as well as five solar projects in California — two with batteries — totaling 689 megawatts of PV and 75 megawatts of storage.
  • 64 mayors sign letter urging Congress to extend solar tax credits, Solar Power World
    A bipartisan coalition of 64 mayors, representing 25 states across the country, joined with Environment America today to call on Congress to take action on clean energy. Specifically, the mayors have sent a letter to Congress urging members to extend solar and wind energy tax credits; expand incentives for electric vehicles and energy efficiency; and create new tax credits for energy storage projects. [
    Norfolk Mayor Josh Moenning is among the signatories].
  • Public Hearing Set by Gage County Board, on Proposed Wind Energy Amendment, News Channel Nebraska. The Gage County Board will conduct a hearing on August 26th at 4:30 p.m. at the BHS Hevelone Center on the proposed amendment. NextEra Energy Resources is studying construction of a wind farm in northern Gage County but has not filed a permit application with the county’s planning commission.
  • Flood study grants, NCORPE debt payments in LRNRD budget, Kearney Hub
    In their written staff report to the board, [LRNRD Assistant General Manager Scott Dicke] and General Manager Todd Siel said the NCORPE board voted July 14 to approve a lease agreement with Chicago-based Invenergy for a study [of] solar and wind resources on NCORPE property in southern Lincoln County. Siel has said a renewable energy project could generate millions of energy-related tax dollars during a 25-year period for Lincoln County. 

Solarize Chicagoland group-buy program bears fruit even in rough times

By Kari Lydersen, Energy News Network

As Dan Orum grilled dinner one night in early June, through an earbud in one ear he learned the ins and outs of how to get a solar installation on his home in the Chicago suburbs and collect state and federal incentives before they expire. A few days later, he had signed a contract to be part of Solarize Chicagoland, a group-buy program that has been popular in its second year, despite the pandemic’s chilling effect on the economy and the larger solar industry. 

Orum had long been interested in solar because of the environmental benefits, but had never found the time or motivation to wade through all the options and requirements. The webinar he listened to while cooking that night made it clear that the group-buy program would offer him a good price for solar with support at every step of the process, working with a developer vetted and chosen by the Midwest Renewable Energy Association and other partners. Continue reading here.

Photo by Solarize Chicagoland group-buy participant Andre Pavkovic of his home’s PV system installed by GRNE Solar, based in Lincoln, Nebraska. GRNE also has offices in Illinois, Indiana and Iowa. “Last year, the program included 124 installations for a total of 870 kW, with GRNE Solar doing the installations.”

Additional Information
Solar Group Buy Resources, Midwest Renewable Energy Association (MREA)

MIDWEST SOLAR SCHOOLS & POWER PURCHASE AGREEMENTS

Why America’s Schools Are Turning Into Solar Power Stations, Huff Post


Primergy, an Oakland, California, solar company nstalled the photovoltaic arrays at Galesburg, Illinois and 32 other schools in the state, including a college. The schools have power purchase agreements (PPA) with the company, meaning Primergy owns, operates and maintains the arrays. They then sell the electricity they generate exclusively to the schools, at a lower rate than they were paying for conventional electricity from the local utility company. Primergy leases the space required for the installations, too, which is extra revenue for the schools on top of their energy cost savings. Over the last few years, the vast majority of U.S. schools getting into solar have gone the PPA route.

Photo: An acre of solar panels in an old soccer practice field will power Galesburg High School.

Additional Information About PPAs
What is a solar power purchase agreement?, Solar Energy Industries Association (SEIA) Resource

One Way to Retire Coal Plants: Buy Out the Owner

By Emma Foehringer Merchant, Greentech Media

Municipal and cooperative utilities may have an easier time retiring coal plants early.

In 2016, New Mexico’s Kit Carson Electric Cooperative left its long-standing power supply relationship with Colorado’s Tri-State Generation & Transmission Association behind. Kit Carson paid nearly $40 million to sever its relationship with Tri-State, after realizing it could save its customers even more money — $50 to $70 million — and get access to more renewables by contracting with Guzman Energy, a wholesale power provider. Since Kit Carson made a run for the door, numerous Tri-State members have considered the same.

Think tank Energy Innovation, in a new analysis released Tuesday in partnership with energy modeling company Vibrant Clean Energy, is elevating Kit Carson’s flight as a model for coal retirement that allows third-party, private financiers — including energy providers such as Guzman, investors or renewables developers — to push municipal and co-operative utilities toward more renewables. Continue reading here.

Energy Innovation: Policy and Technology LLC is a nonpartisan energy and environmental policy firm. 

MORE GTM ARTICLES OF POTENTIAL INTEREST

  • Microsoft Eyes New Tool in Decarbonization Quest: Green Hydrogen
    The tech giant announced Monday that it recently powered a row of data center servers for 48 hours using nothing but hydrogen fuel cells, which it believes to be the longest such test in the world for a data center operator at that scale. Microsoft is expanding its hydrogen testing and intends to leverage its vast size and energy consumption to help the green hydrogen industry scale up, Brian Janous, the company’s general manager for environmental sustainability, said in an interview. Last week NextEra Energy, the largest U.S. generator of wind and solar power, revealed plans to build its first green hydrogen facility in Florida, to be fueled by solar power.
  • Trump Administration Announces Long-Delayed Nomination of Democrat to FERC
    Nomination of NRDC attorney Allison Clements alongside Virginia utility regulator Mark Christie could restore political balance to key U.S. agency.
  • FirstEnergy CEO Defends Utility Amid Bribery Scandal Questions
    The utility’s share price and credit ratings have taken a hit after it was implicated in an Ohio nuclear and coal bailout corruption investigation.

NEW WORLD RESOURCES INSTITUTE REPORT

41 states have reduced their carbon emissions while growing their economies, Fast Company
Since 2005, 41 states and Washington, D.C., have increased their GDPs while reducing their carbon emissions, debunking the myth that economic growth can only happen at the expense of our environment. A new report from World Resources Institute (WRI) analyzes how states have decoupled their GDP growth from emissions, which Devashree Saha, a senior associate at WRI, says is “a hopeful sign for the United States and for the planet.” 

MORE ON NEW EIA DATA

Renewables have outpaced nuclear and coal to start 2020, PV Magazine
In the latest edition of Electric Power Monthly, Energy Information Administration (EIA) data shows that renewable resources have generated more electricity through May 31st than both coal and nuclear power.

AGGREGATED COMMUNITY SOLAR PROJECTS

First downstate project through Illinois community solar program underway, Energy News Network. The first community solar project in downstate Illinois facilitated by the state’s 2017 Future Energy Jobs Act is now being built, showing both the potential of the wildly popular program and the challenges of implementing it. Washington D.C.-based Summit Ridge Energy won the rights to sell renewable energy credits for 18 projects in downstate Ameren utility territory and 23 in ComEd’s territory in northern Illinois. So far it’s signed up 8,479 customers to participate in the community solar installations — just over half the subscribers it needs to be fully subscribed. 

MIDWEST SOLAR SCHOOLS

C2 Energy Capital Works with Solar Partners to Guide a School Solar Project to Successful Completion, C2 Capital News Release, PRNewswire

“The average price of a school solar installation has dropped 67% in the last ten years, making solar energy a smart decision for schools’ budgets. The most important factor for a successful solar installation in a school is an experienced team. Together, our partners have installed solar on dozens of schools in the Midwest and we are proud of the level of expertise, quality, and service we can offer,” says Richard Dovere, Co-founder and Managing Member of C2 Energy Capital.

The partnership between C2 Energy Capital, First Solar, and SP&L took a value-driven approach that resulted in cost-savings and reduced project risk for the school through strategic technology procurement, employing local and Ohio resources, and arranging ongoing project performance analysis. 

EVANGELICAL ENVIRONMENTAL NETWORK

Can an evangelical group change Ohio lawmakers’ minds on clean energy?, Energy News Network

An evangelical group has a stark message for Ohio lawmakers: If you care about unborn children, clean up the air their mothers breathe. “As a pro-life Christian, I believe pollution harms the unborn, causing damage that lasts a lifetime,” reads a petition signed by more than 53,000 Ohioans in support of moving the state to 100% clean electricity by 2030. The petition, circulated by the nonprofit Evangelical Environmental Network, was delivered to lawmakers on July 16. Its potential political impact was unclear then and is even more so now after federal authorities arrested the speaker of the Ohio House and others as part of an alleged $60 million bribery scheme

SUNPOWER BIFACIAL SOLAR PANELS

SunPower to launch 625 W shingled module, PV Magazine
SunPower, which is majority owned by French energy giant Total, is planning to launch a new shingled module series with 625 watts of power output. Group spinoff Maxeon Solar Technologies will commercialize the Performance 5 line in the fourth quarter. The high-efficiency, bifacial mono-PERC solar panels will be made with large format eight-inch G12 wafers and will have an efficiency of 21.2%.

AWEA WEBINAR SERIES

Renewables 101 series: Wind recap, look out for solar, by Lauren Rudolphi, Into The Wind
As someone new to the renewable energy industry, this month’s Wind 101 Webinar Series offered an insightful and well-rounded look into the world of wind. From an overview of the market, to wildlife, siting & permitting, I walked away from the series feeling informed and excited to learn more! Below is a recap of my key takeaways.

Pilot project tests potential of solar energy for Grand Island, Neb.

By Taelor Bentley, American Public Power Association

A solar panel array built in 2018 is a part of a pilot project in Grand Island, Neb., which is testing the potential of solar as a source of energy for Grand Island. The intent is to get operational data on projects and give the City of Grand Island Utilities Department hands-on information on how it might interact with their system.

The project represents a 25-year commitment by the city at no cost. The solar farm is owned by private investors who sell the city the power it produces. The solar panels generate 1-MW, producing about 1% of the city’s load when it’s at full operation.

Read more here.

Photo by project installer GenPro Energy Solutions. Founded in Rapid City, South Dakota in 2003, GenPro has a Nebraska office and warehouse located in Central City. Jeff Berggren is GenPro’s Nebraska Program Manager.

Grand Island’s Renewable Energy

SEIA Resources

 

 

 

Power Purchase Agreements: What is a solar power purchase agreement?
A solar power purchase agreement (PPA) is a financial agreement where a developer arranges for the design, permitting, financing and installation of a solar energy system on a customer’s property at little to no cost.

See Also: SEIA Fact Sheets

Crowdfunding For Clean Energy — Raise Green Launches New Marketplace

By Zachary Shahan, CleanTechnica

You may recall that the U.S. Securities and Exchange Commission’s (SEC) finalized equity crowdfunding regulations nearly 5 years ago. Now, “Raise Green is the first company to offer equity crowdfunding focused on investments for climate solutions nationwide” under that option. One cool feature about the platform is it will help you to really see how far your money went on the climate or energy side of things, as well as the financial side. “Raise Green aims to give people the direct impact they have been looking to make on climate change by providing access to verifiable investment opportunities.”

Curious to learn more about the inspiration for starting this, the founding team’s thoughts on the investment climate today and in the coming decade, and a few other matters, I asked Franz Hochstrasser, CEO and Co-Founder of Raise Green, a few questions to supplement the news and add more context. Read more here.
Photo: Co-Founders Franz Hochstrasser (left) and Matthew Moroney

Previously Posted
Alumni seek students’ insights into Raise Green crowdfunding platform, Yale News

NEWS FROM OTHER STATES

COMANCHE 3 – ‘COLORADO’S BILLION DOLLAR MISTAKE’

Will Colorado’s newest coal plant survive beyond 20 years?, by Allen Best, The Aspen Times
A 2019 law, HB19-1261, the Climate Action Plan to Reduce Pollution, ordered electrical utilities regulated by the PUC to reduce emissions of carbon dioxide 80% by 2030 relative to 2005 levels. This is part of a broader goal identified by the law of decarbonizing Colorado’s economy 50% by 2030. A majority of coal plants in Colorado will be closing during the decade. Altogether, nine coal-burning units at five stations across the state will be closed by 2030. That will leave just four units, including Comanche 3, remaining in operation, all of them operated by Xcel.

Previously Posted: Xcel Energy proposes one of largest packages of energy investments in state history, Xcel News Release, Business Wire. Almost $3 billion of accelerated and incremental capital investment planned to support Minnesota’s economic recovery, advance clean energy goals, and keep customer bills stable.

GLOBAL SOLAR MARKET

Terawatt scale by 2022, PV Magazine International
The solar sector is no stranger to breaking records. Perhaps the most impressive figure to emerge from SolarPower Europe’s new ‘Global Market Outlook’ is that the global solar sector will reach terawatt scale by 2022 – just four years after the 500 GW milestone was reached. Michael Schmela from SolarPower Europe sets out the reasoning behind this and other key findings in the report.

Michael Schmela is executive adviser, head of market intelligence, and a member of the leadership team at SolarPower Europe, the continent’s PV industry association. 

SPP NEWS

Southwest Power Pool could add more than 5 GW of wind generation capacity by end-2020, S&P Global. The rise in wind generation as part of a national energy transition toward renewable sources has pulled down wholesale power prices.

100% RENEWABLE ENERGY

Applied Materials to go 100% renewable, inks wind PPA with Apex, Renewables Now
Applied Materials Inc, which makes equipment used in the production of solar cells, will be one of the off-takers of Apex Clean Energy’s 500-MW White Mesa wind project in Texas. 

MORE WIND ENERGY NEWS

Wind power is emerging as the main source of renewable energy, Reve
For the last five years, American businesses have been buying 20% of all new wind farm capacity installed in the U.S. And that number is only going to grow. Wind-generated electricity is a bargain. Costs have fallen about 70% over the last decade. These lower prices have attracted a much more diverse group of customers.

AWEA Resources

NEW CARBON FOOTPRINTS STUDY

Wealthy American homes have carbon footprints 25% higher than low-income residences, study says, CNN

In some particularly affluent US suburbs, emissions are up to 15 times higher than nearby neighborhoods, according to the study published Monday in the journal Proceedings of the National Academy of Sciences. The homes of wealthy Americans generate around 25% more greenhouse gases compared to lower-income residences, mostly because of their larger size, a new study found. The study’s authors say improving energy efficiency in the home is a huge opportunity for homeowners — and especially wealthy ones — to lower their energy usage.