From fossil fuels to sustainable futures: an (almost) virtuous circle

Say it loud and clear. The technology is “absolutely there” now for humanity to switch over to using huge amounts of renewable energy, reliably, says Wärtsilä VP for Europe Melle Kruisdijk. Then again, if you’re not reading this site for the very first time, you probably already know that. So why has a natural gas generator manufacturer contacted Energy-Storage.news to argue the business case for a 100% renewable energy future? We will get to that shortly, but first, to put things in context, yesterday, our sister site PV Tech reported on efforts by a trio of US House Committee Chairs to introduce a plan to shift to a “100% clean economy by 2050”.

Spotlight

Igreen Energy

iGreen Energy is a comprehensive solar panel systems company that designs, supplies and installs technically advanced and high quality solar power panels in different parts of Australia. A wholly Australian-owned company, iGreen Energy leverages its 5+ years of experience and expertise, to drive Australia’s renewable industry along with a brighter, sustainable future for all.

OTHER ARTICLES
Solar+Storage, Strategy and Best Practices

HOW TO TAKE ADVANTAGE OF SOLAR ENERGY

Article | September 17, 2022

UTILIZING SOLAR ENERGY You want the world to be a better place for your children and your children’s children. So how do you go about making changes in order to ensure that it will be? There are only so many things you can do, but you know it would be a good start to change the way you use energy. There’s so much waste and, in reality, only so much energy to go around. You’ve heard that solar energy is the energy source of the future and you can get behind that. After all, the sun is bright and hot and always around. It’s not going to run out of energy anytime soon and it makes sense to use its energy to power things. But how do you take advantage of that? Here are a few ideas. START SMALL WITH SOLAR ENERGY You might want to test out how solar energy works by using it in small ways. First, get some solar powered landscape lights and other small items that can help you get used to how solar power works. You’ll see that those lights glow on a nightly basis from the sun’s power that they stored during the day and you’ll realize that solar power can work well in other areas. GO BIG WITH SOLAR PANELS You can also do your research and go all out with solar panels on your roof. They’re costly to install, but they cost a lot less now than they did in the past. Plus, they’ll pay you back over the years in energy savings. If you really want to make an impact and you have the money to do so, solar panels are a great way to take advantage of the solar energy beating down on your house. GET IN TOUCH WITH A CLEAN ENERGY PROVIDER If you go with solar panels yourself, more power to you (literally, in some ways!) but not every homeowner has the funds or inclination to go that route. If you want something easier, but you still want solar power, it’s best to contact a clean energy provider for help. Your clean energy provider will harness solar power for you (along with wind energy and other renewable sources) and add it to the grid. You can then use energy as needed and know that it comes from the sun and other clean sources. SOLAR ENERGY IS THE FUTURE With natural resources dwindling, it makes sense for more people to jump over to solar power. It definitely has enough power to go around and it doesn’t cause harmful gases and pollution to be released into the atmosphere. You may as well jump on board early with Star Energy Partners. You’ll not only have peace of mind about where your energy comes from, but you’ll also pay a fixed rate, which is lower than what your bills are now. We can even call your current company for you and get you switched over with ease.

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Strategy and Best Practices

A Guide to Going Solar For Businesses

Article | July 8, 2022

Earth has become increasingly warmer every year with rising temperatures. The burning of fossil fuels in the past 150 years for electricity, heat, transportation, and any other human activity has increased greenhouse emissions. Other natural resources are also rapidly depleting, thus giving us a cause of worry. Several homeowners and mainly businesses are, therefore, turning to renewable energy sources to become self-sustainable and self-reliant. Costs of commercial electricity are rising day by day with no end in sight. By turning to green energy, businesses can reduce operational costs and reinvest that amount back into their businesses. If your business uses electricity for lighting, HAVC, computing, or production, opting solar for businesses will significantly reduce the cost. Installing these solar panels and combining them with an appropriate energy storage system, your business can save up to 20 to 25% energy and move towards energy independence. Eligibility for Going Solar One of the major factors to consider when going solar is whether it makes sense for your business to do so. Apart from this, going solar would be ideal for organizations that: Work in states like California, Hawaii, or any state that either has expensive energy or massive Federal incentives Have enough land, rooftops, or parking lots adjoining their businesses where the solar panels can Be set up Have prioritized sustainability Have massive energy demands Market themselves as an environmentally friendly business Reasons to Use Solar Power for Businesses Growing businesses opt for investing in commercial solar power mainly to aid in offsetting additional expenses. With the expansion of the business, electricity consumption will also increase. You can also time your roof repairs or new constructions to coincide with installing new solar panels. Transforming into a business that chooses to become carbon-neutral by utilizing solar energy will enhance your business image in the community. Implementing commercial solar panels cuts down your energy consumption and helps increase your savings. Excess energy generated by these solar panels can be stored with the help of off-grid batteries. Solar energy has a major drawback. Your company won't be powered at night or in severe weather conditions as solar only works during the day. Solar energy cannot handle the sudden power surges required to handle heavy machinery. Businesses are then forced to purchase and use commercial electricity to manage these spikes. However, these spikes can prove to be expensive. Merging photovoltaic systems with storage solutions can ease these spikes. This is vital during the "shoulder" hours when the sudden surge spikes can lead to demand charges. Benefits of Going Solar Reduction in Costs The single biggest advantage of going solar is a massive reduction in electricity bills. Locations where 'net metering' is available can become another source of revenue for your business as the excess power produced can be sold to your local utility. Businesses, and companies that rely on out of date energy sources like coal, could be paying 7 to 30 cents per kilowatt-hour (kWh), whereas those using solar energy were paying between 2 to 12 cents per kWh. The benefits of switching to solar depend on several factors- locations, industry, and business size. The most advantageous enterprises would be the ones who have built an appropriately sized system to cover all energy requirements and enough power to fall back on during peak consumption hours. Businesses can incur additional charges due to demand and delivery. Utility services apply these charges to recover costs of purchasing energy and maintaining power lines and energy lost in the transmission system. Moving power sources closer to your business will help you avoidsuch preventable expenses. There are possibilities of ascension in solar energy projects. You can start with a smaller set of solar panels that would contribute to your daily energy needs and build it over time. You can always sell the excess energy produced to your local utility provider as a source of additional revenue. Federal Tax Incentives As of 2021, the investment tax credit (ITC) allows businesses to deduct 22 percent of the cost of installing solar energy systems from their federal tax with no cap on its value. These businesses are eligible for the tax incentive as long as they have their energy system. I'f youdon't have enough tax liability to claim the credit that year, the outstanding credits would roll over to the next year, so long the tax credit is in effect. Durability Like every other power source, solar has its limitations too. The infrastructure that can consume excess solar power is not yet up to the mark. Since solar is tied to the grid, they are interdependent. If the grid fails, solar goes down too. Therefore, it is important to add a microgrid to the energy system. Adding a micro-grid detaches your business from the utility providers and makes it independent of their services. It makes your organization what is known as an 'energy island'. The existence of these energy islands only protects your enterprise from power cuts due to natural disasters or any physical or hacking attacks. Your energy islands may also provide electricity to your local community during emergencies. Sustainability Solar energy has a massive role to play in the future of sustainability and environmental protection. By converting your business into a solar-powered business, you ensure the protection of the environment and reduce your company's carbon footprint on the planet. Studies also indicate that using solar energy for a long time also reduces utility costs. You can then invest the saved amount back into your business to promote advancements and innovations. Being a solar-powered business could be an alluring prospect for your potential business partners. Environment-inclined customers tend to turn to prefer "responsibly green" businesses, and these businesses also appease local and state regulators, governments, and hedge funds. Lower Maintenance Cost Another major reason solar power is beneficial for your business is low to zero maintenance of the installed solar panels. Agencies that provide solar panels offer a warranty of 20 to 25 years on them. Since solar panels have fewer movable parts, the chances of these parts disintegrating or rusting are highly unlikely as opposed to technology that relies on movable parts. Thus, switching to solar energy would be the appropriate step to take for your business. Things to Keep in Mind when Switching to Solar When investing in solar energy, there are a few imperatives that businesses must follow. No matter the size, your business must be located where there is adequate sunlight, a roof strong enough to sustain the panels, and be inclined to reduce the cost of all operations. There are various simple 'do-it-'yourself' kits launched in the market to entice small business owners to try and build these solar systems themselves. However, it is essential to work with a solar provider when installing solar panels to get the best outcome—as in any industrial field, consulting with a solar power expert would help you optimize costs and gain maximum benefits. Points to Explore Before Going Solar Amount of Electricity Consumed There are two main points to ponder over; "enough for one day" and "future years to come”. You could either sell excess energy produced to your local electricity supplier, which would add to your savings, or it could be stored with the help of li-ion batteries and utilized in the time of little to no sunshine. Financing Solar Power for Businesses Commercial solar power providers offer multiple business plans that would be best suited to the scale of your business. You can choose the better alternative for your business depending on how much discretionary cash you have and your solar infrastructure size. The size of the infrastructure will also depend on whether you want to gain dramatic results in terms of cost-saving or opt for low-cost start-ups and gain a more extended return on investment. Some enterprises buy solar equipment with cash or loans. This method would give you tax credits and incentives, thus offering you a higher return on investment (ROI). Another direction you could choose is going into a Power Purchase Agreement (PPA) with a solar energy provider and purchasing electricity from them at a lesser commercial cost. In a PPA, the developer looks after designing, permissions, financing, and installing the system for a meager amount. Details of your precise business requirements are vital to analyze the cost and time of ROI of the solar energy system. It would depend on the place you are at and the size of your system. To get these exact details, hire the best solar energy consultant for your exact needs. Important Steps to Remember Step 1: Outline your goals for a stable, sustainable, and financially sound future. Make sure that going solar is beneficial for your business. Calculate whether your region's utility costs are higher and hurt your business financially; whether there is ample storage space around your business to keep all the equipment. And whether adopting a green profile improves your goodwill in your local community. Step 2: Collect data on your electricity usage of at least one year to analyze the operating cost, energy spikes, and consumption patterns. Calculating business losses will aid in understanding the need to switch to solar energy. Step 3: Tie up with a commercial solar specialist when making the switch to solar energy. Often, customers fail to recognize the importance of this step. Avoid contractors who set up solar panels as a side business as they would not understand the intricacies of the job. Check all the references before you partner up with a specialist. Step 4: Last thing to keep in mind is thatgetting a solutions provider would make things easier for you. The provider will take care of everything- designing the system, finances, grid connection, and system maintenance. Ensure that you have a provider with sound support and has a portfolio of proven experience in solar infrastructure per your business needs. Frequently Asked Questions How much does solar cost? Ten years ago, the cost of a residential solar system was upwards of $50,000 for an average of 6 kilowatt-hour. Now, with a 62% average annual decrease, it ranges anywhere between $16,200 to $21,000. How does commercial solar work? Solar panels are made up of photovoltaic (PV) panels in a grid-like pattern that captures sunlight and converts it into electricity. The PV cells are made up of silicon with a positive and negative field that creates an electric field. Are commercial solar panels worth it? Commercial solar panels have a lifespan of 25-30 years. Although solar panels cost a lot initially, over the years, utility cost of your business will go down. There are also tax credits and incentives that the government offers when installing solar panels. { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [{ "@type": "Question", "name": "How much does solar cost?", "acceptedAnswer": { "@type": "Answer", "text": "Ten years ago, the cost of a residential solar system was upwards of $50,000 for an average of 6 kilowatt-hour. Now, with a 62% average annual decrease, it ranges anywhere between $16,200 to $21,000." } },{ "@type": "Question", "name": "How does commercial solar work?", "acceptedAnswer": { "@type": "Answer", "text": "Solar panels are made up of photovoltaic (PV) panels in a grid-like pattern that captures sunlight and converts it into electricity. The PV cells are made up of silicon with a positive and negative field that creates an electric field." } },{ "@type": "Question", "name": "Are commercial solar panels worth it?", "acceptedAnswer": { "@type": "Answer", "text": "Commercial solar panels have a lifespan of 25-30 years. Although solar panels cost a lot initially, over the years, utility cost of your business will go down. There are also tax credits and incentives that the government offers when installing solar panels." } }] }

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Energy

7 Necessary Steps for Effective Energy Management

Article | July 15, 2022

In a global economy, sustainability has become an important part of a company's business plan. Leading companies throughout the globe recognize that sustainability is critical to decreasing costs, expanding into new markets, and driving innovation and effectiveness throughout a company. Pollution prevention, or P2, is a key component of sustainability. Businesses can integrate sustainability into everyday operations in ways that encourage long-term cost savings and enhance environmental performance by effectively implementing P2 and Energy Efficiency (E2) initiatives. The ability of a company to recognize and integrate relative information, identify the relationship of environmental performance to the business model, and concentrate existing systems and resources towards specific goals is often a direct outcome of the successful execution of pollution-prevention and energy-efficiency initiatives. Management's complete support is required for planning, developing, and executing sustainability measures within a company framework. 7 Necessary Steps for Effective Energy Management Make the Commitment The most important step in closing the P2 implementation gap is a commitment to continuous improvement. Accomplishing P2 and E2 successful implementation through the seven-step process usually requires top-level support, clearly communicated through an environmental and energy management strategy; the formation of a cross-functional team representing the company's administrative and process knowledge, and the appointment of a leader to make sure consistency of focus, communication, and effort. As a crucial business strategy, an engaged collective effort backed by management will ensure a company's ability to recognize and achieve P2 and E2 results. Assess Performance and Opportunities Understanding present and historical waste generation and energy consumption is the initial step in identifying environmental performance possibilities. A cross-functional team-based evaluation that assesses performance, systems, and equipment will harness a company's intellectual capital and enable it to identify improvement possibilities from several viewpoints. Conversations with operational personnel can result in "ah-ha" moments that solve issues and provide new solutions. Evaluating environmental performance on the basis of data analysis and setting baselines to monitor progress utilizing the company's knowledge base will open up fresh perspectives on the commercial prospects that P2 and E2 can bring. Set Performance Goals Setting ambitious but reasonable objectives for enhancing environmental performance will motivate behaviors that lead to positive results. This stage establishes a shared vision of progress throughout the company while capturing the commitment to reduce pollution and energy consumption. By establishing particular areas of progress and setbacks, performance targets aid in monitoring the effectiveness of the environmental and/or energy management program. Goals that are effective will define the scope and assess the possibility for progress. Create an Action Plan A plan of action acts as a framework for guiding and monitoring the methodical approach to better environmental performance. It helps the team concentrate by demonstrating the breadth and size of objectives, targets, responsibilities, and resources. The strategy must be accepted by all parts of the institution that it targets in order to be successful. Implement the Action Plan Developing a communication strategy, increasing awareness, developing capacity, motivating personnel, and monitoring progress are all key components to effectively executing the action plan. It is vital to communicate the action plan, which will need an overall statement concerning purpose, policies, and progress. While the communication strategy is intended to create knowledge regarding energy efficiency and environmental sustainability, workers, customers, and society should also be educated on how they can help enhance environmental performance. Recognizing training requirements can also aid in the effective implementation of pollution prevention and energy efficiency initiatives. Continuous feedback on accomplishments can help drive employees to continue improving. Evaluate Progress The action plan will be evaluated on a regular basis to keep the team updated on progress toward the stated environmental performance improvement targets. A review of the action plan will reveal any efficiency measures that need to be changed or added. Recognize Achievements Once the momentum for pollution avoidance and energy efficiency has been generated, it is critical to maintain it. A commitment to continuous development must be maintained throughout the seven-step strategy to be successful. A dedicated leader driving the process and a motivated team carrying it out give the greatest possibility for a long-term program that produces results. Closing Lines It is critical to remember these fundamental energy management steps while developing a successful energy management program. Moreover, the global landscape is rapidly changing. As a result, it is always in need of creative and efficient energy management solutions. As a result, businesses are employing specialists to handle this.

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What does Covid-19 mean for Renewable Energy?

Article | April 15, 2020

Covid-19. It’s everywhere, and it��s probably the reason that your food cupboards are unusually more stocked than usual, or the fact that you’re likely reading this blog from the confines of your own home, as opposed to at your office or during your daily commute. But, despite the impact to business, economies, daily life and public health, there’s one bittersweet development which we can all take away from the outbreak – and that’s the considerable reduction of global CO2 emissions, and a resurgence of hope that it is fully possible for us to slow the onset of climate change and preserve our planet for future generations.

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Spotlight

Igreen Energy

iGreen Energy is a comprehensive solar panel systems company that designs, supplies and installs technically advanced and high quality solar power panels in different parts of Australia. A wholly Australian-owned company, iGreen Energy leverages its 5+ years of experience and expertise, to drive Australia’s renewable industry along with a brighter, sustainable future for all.

Related News

Solar+Storage,Sustainability

Duke Energy Sustainable Solutions enters Mississippi with acquisition of 100-MW Wildflower Solar from Clearway Energy Group

Duke Energy Sustainable Solutions | November 23, 2022

Duke Energy Sustainable Solutions is expanding its solar energy portfolio by acquiring the 100-megawatt (MW) Wildflower Solar project from Clearway Energy Group. The solar project will generate enough energy to power approximately 21,000 homes. Duke Energy Sustainable Solutions* is a non-regulated commercial brand of Duke Energy (NYSE: DUK). The site, which is expected to begin full construction in late 2022 and achieve commercial operation in late 2023, is located in Desoto County, MS. It will be the first Mississippi based renewable energy project for Duke Energy Sustainable Solutions. Toyota North America has signed a 15-year virtual power purchase agreement for up to 80 MWs of the solar energy produced by the project. The agreement will financially settle on an as-generated basis tied to the project's real-time energy output. Wildflower Solar, which is located in proximity to Toyota's manufacturing facility in Mississippi, will help the automotive manufacturer replace the high emission electricity used in its operations with zero emissions renewable electricity on the grid. The move represents another major step towards Toyota's goal of achieving carbon neutrality in its operations by 2035. "We're excited to continue to expand our commercial solar portfolio and enter into the Mississippi market, which will build upon the area's clean energy resources, Once complete, Wildflower Solar will further diversify Mississippi's energy infrastructure, while also reducing Toyota's emissions from its North American operations." -Chris Fallon, president of Duke Energy Sustainable Solutions. Our collective future depends on clean mobility, clean air, clean water and biodiversity, said Kevin Butt, director of sustainability for Toyota Motor North America. Renewable energy sources, like solar, are a key to achieving our goal of carbon neutrality and our purchase from Wildflower alone has the potential to reduce Toyota's carbon footprint in North America by as much as 8 percent. Duke Energy Sustainable Solutions will own and operate the project, which is expected to employ 300 at peak construction. Along with indirect economic benefits that accompany solar project development, such as increased local spending in the service and construction industries, the Wildflower Solar facility will also have a positive economic impact on the local community by providing significant tax revenues for the Mississippi public schools. As one of the nation's top renewable energy providers, Duke Energy has more than 10,500 MW of solar and wind energy. About Duke Energy Sustainable Solutions Duke Energy Sustainable Solutions is a leader in sustainable energy, helping large enterprises reduce power costs, lower emissions and increase resiliency. The team provides wind, solar, resilient backup power and managed energy services to over 1,000 projects across the U.S., with a total electric capacity of more than 5,100 megawatts of nonregulated renewable energy. Duke Energy Sustainable Solutions is a nonregulated commercial brand of Duke Energy (NYSE: DUK), a Fortune 150 company and one of the largest energy holding companies in the U.S., headquartered in Charlotte, N.C. The brand includes the following subsidiaries of Duke Energy Corporation that are registered to transact business in various states and may be branded as Duke Energy Sustainable Solutions for marketing purposes: Duke Energy One, Inc.; Duke Energy Commercial Enterprises, Inc.; Duke Energy Renewables, Inc.; Duke Energy Renewables Commercial, LLC; Duke Energy Renewable Services, LLC.; Duke Energy Renewables Storage, LLC; Duke Energy Renewables Wind, LLC.; Duke Energy Renewables Solar, LLC.; and REC Solar Commercial Corporation. About Clearway Energy Group Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., we own and operate more than 8 gigawatts of renewable and conventional energy assets across the country. As we develop a nationwide pipeline of new renewable energy projects for one future, Clearway's 5.7 gigawatts of wind, solar and energy storage assets offset the equivalent of more than 10.5 million metric tons of carbon emissions for our customers today. Clearway Energy Group is headquartered in San Francisco with offices in Carlsbad, California; Scottsdale, Arizona; Houston; and Princeton, N.J. For more information, visit clearwayenergygroup.com About Toyota Toyota (NYSE:TM), creator of the Prius hybrid and the Mirai fuel cell vehicle, is committed to building vehicles for the way people live through our Toyota and Lexus brands. Over the past 60 years, we've built more than 40 million cars and trucks in North America, where we have 14 manufacturing plants, 15 including our joint venture in Alabama (10 in the U.S.), and directly employ more than 47,000 people (over 36,000 in the U.S.). Our 1,800 North American dealerships (nearly 1,500 in the U.S.) sold more than 2.4 million cars and trucks (more than 2.1 million in the U.S.) in 2020.

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Strategy and Best Practices

IUCN and Huawei Both Push for a Greater Use of Technology to Protect the Environment

IUCN | June 07, 2022

The International Union for Conservation of Nature (IUCN), Huawei, and conservation project partners joined forces to urge for a greater global push to develop and implement innovative technologies to better safeguard the environment. The two partners held an online summit called "Tech for a Better Planet" to show how technology may dramatically improve nature conservation outcomes, as well as to introduce new digital technologies that are poised to become critical enablers of environmental protection. The process of responding to environmental concerns has raised awareness of the importance of technology in nature protection. "We believe that digital technology is a key enabler of environmental protection, All sectors of society should work together within an open and collaborative market environment to apply technological innovations to industries and transform new technologies into solutions and services that can help build a green planet." -Tao Jingwen, Director of the Board and Director of the Corporate Sustainable Development Committee for Huawei. Huawei supports the worldwide zero-carbon journey by promoting green development in industries through ICT breakthroughs. To speed the development of renewable energy, the company has merged power electronics and digital technology on the energy supply side. In terms of energy consumption, Huawei will continue to develop energy-saving technologies to improve the energy efficiency of ICT infrastructure, saving energy and lowering emissions in the process. Huawei has also created long-term partnerships to improve nature conservation outcomes by developing technology solutions that can better comprehend nature and lead to more effective biodiversity protection measures in a variety of environments. IUCN and Huawei started the global Tech4Nature project in 2020, and have since launched pilot programs in Switzerland, Spain, China, Mexico, and Mauritius based on the IUCN Green List Standard. IUCN, Huawei, and the Ecomode Society deployed the first underwater system in the Western Indian Ocean to monitor coral reef ecosystems in real time off the coast of Mauritius. The project's goal is to rebuild seriously threatened coral reef ecosystems by growing live coral in nurseries, transplanting it, and tracking growth, water conditions, and dangers such as algae. Underwater cameras with unique lenses, sensors, a 4G network to transport data, and AI to analyse the results are all part of the solution. Nearly 10,000 coral fragments have been transplanted to deteriorated reefs to date, with a total of 25,000 expected by the end of 2022.

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Solar+Storage

Greenwood Sustainable Infrastructure (GSI) Announces Utility Scale Deal with AquaSan to Provide Up to 233 MW in New Solar Capacity to Five U.S. States

Greenwood Sustainable Infrastructure | March 03, 2022

Greenwood Sustainable Infrastructure (GSI) announced it has taken a step towards providing more affordable, reliable, and clean access to energy for Americans. The North American solar energy investment and development subsidiary of the Libra Group announced that it has acquired a scalable portfolio of solar developments from AquaSan Network-subsidiary CMDAJ Holdings LLC (CMDAJ). This acquisition positions GSI to provide up to 233 megawatt (MW) in affordable, utility scale solar energy to new markets, including Minnesota, Colorado, Pennsylvania, South Carolina, and Wisconsin. Initially, GSI will develop 40 MW of early-stage utility scale solar developments in Minnesota, with the option to build an additional 193 MW in Colorado, Pennsylvania, South Carolina, and Wisconsin, doubling its current footprint to 10 U.S. states. Following this transaction, Libra Group subsidiaries, including GSI, will be close to reaching the one-gigawatt development mark, proving 950 MW in solar, wind and waste-to-energy with over 220 projects owned, currently under development, or previously developed in six countries. These developments will provide power to a combination of regulated utilities, investor-owned utilities and U.S. businesses allowing them to purchase solar energy to meet clean energy goals and lock in reduced electricity costs. The portfolio will increase access to reliable, clean energy and promote local job creation and the provision of clean, reliable and renewable water. We were proud to partner with CMDAJ, a team of experienced renewable energy and water project developers in Denver Colorado, to complete this deal which will increase access to reliable, clean energy and promote local job creation. The company and this transaction represent a key part of the Libra Group's commitment to renewable energy in the Americas and around the world." Camilo Patrignani, Libra Group EVP of Energy The U.S. renewable energy market is a multibillion-dollar sector. A global focus on clean power, where many U.S. developers lead the field, has given rise to new solutions with improved technology offering greater efficiencies year upon year. The assets from this deal will be co-owned and co-developed by the GSI and CMDAJ partnership. Once the projects are ready to build, GSI plans to construct and operate the power plants. "This is a very exciting announcement that will cement GSI's growth plans hand in hand with CMDAJ, and continue to support and advance the nation's transition to a reliable, clean energy future," said Mazen Turk, GSI CEO. "Since the start of operations in 2010, GSI has developed and built over 32 renewable energy assets and this acquisition furthers our exposure to the utility scale energy segment." "CMDAJ's team has developed over 2 gigawatts of thermal, solar, biomass and wind projects over the last 20 years and this partnership will enable us to expand our development portfolio and vertically integrate our efforts in renewable energy and water" said Carmine Iadarola, CEO of CMDAJ and AquaSan Network, Inc. About Greenwood Sustainable Infrastructure and Libra Group Greenwood Sustainable Infrastructure is one of the clean energy subsidiaries of the Libra Group, a privately-owned international business group spanning 35 countries across six continents and active in renewable energy, aviation, hospitality, real estate and shipping as well as selected diversified investments. GSI is focused investment, development, and operation of both distributed generation and utility-scale solar energy projects in North America. As of January 2022, the company developed approximately 200 MW in 32 renewable energy projects, many of which are still owned or operated by GSI. Recent partners include DTE Energy, Delmarva Power, and Duke Energy. Its sister company, Greenwood Energy Latinoamérica, is currently developing or managing close to 100 MW of on-site solar energy systems for public and private sector organizations wishing to offset their energy costs in Latin America, including the first utility-scale project in Panama. The Libra Group also owns Convergen Latvia, operating three biogas plants in Latvia and EuroEnergy, which operates solar and wind farms across Europe. About CMDAJ and AquaSan AquaSan was formed in 1983 by its current CEO Carmine Iadarola to provide administrative and technical services for the water infrastructure business. Over time, Aquasan got involved in the development of renewable energy projects as well and since then had developed 1,100 MWs of natural gas power, 1,000 MWs of wind, and 500 MWs of solar. AquaSan is a family owned business that employs 5 people and has rendered services to companies like Nextera, GCL, Xcel, Dominion, Pine Gate, Candela, Google, Kiewit and others.

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Solar+Storage,Sustainability

Duke Energy Sustainable Solutions enters Mississippi with acquisition of 100-MW Wildflower Solar from Clearway Energy Group

Duke Energy Sustainable Solutions | November 23, 2022

Duke Energy Sustainable Solutions is expanding its solar energy portfolio by acquiring the 100-megawatt (MW) Wildflower Solar project from Clearway Energy Group. The solar project will generate enough energy to power approximately 21,000 homes. Duke Energy Sustainable Solutions* is a non-regulated commercial brand of Duke Energy (NYSE: DUK). The site, which is expected to begin full construction in late 2022 and achieve commercial operation in late 2023, is located in Desoto County, MS. It will be the first Mississippi based renewable energy project for Duke Energy Sustainable Solutions. Toyota North America has signed a 15-year virtual power purchase agreement for up to 80 MWs of the solar energy produced by the project. The agreement will financially settle on an as-generated basis tied to the project's real-time energy output. Wildflower Solar, which is located in proximity to Toyota's manufacturing facility in Mississippi, will help the automotive manufacturer replace the high emission electricity used in its operations with zero emissions renewable electricity on the grid. The move represents another major step towards Toyota's goal of achieving carbon neutrality in its operations by 2035. "We're excited to continue to expand our commercial solar portfolio and enter into the Mississippi market, which will build upon the area's clean energy resources, Once complete, Wildflower Solar will further diversify Mississippi's energy infrastructure, while also reducing Toyota's emissions from its North American operations." -Chris Fallon, president of Duke Energy Sustainable Solutions. Our collective future depends on clean mobility, clean air, clean water and biodiversity, said Kevin Butt, director of sustainability for Toyota Motor North America. Renewable energy sources, like solar, are a key to achieving our goal of carbon neutrality and our purchase from Wildflower alone has the potential to reduce Toyota's carbon footprint in North America by as much as 8 percent. Duke Energy Sustainable Solutions will own and operate the project, which is expected to employ 300 at peak construction. Along with indirect economic benefits that accompany solar project development, such as increased local spending in the service and construction industries, the Wildflower Solar facility will also have a positive economic impact on the local community by providing significant tax revenues for the Mississippi public schools. As one of the nation's top renewable energy providers, Duke Energy has more than 10,500 MW of solar and wind energy. About Duke Energy Sustainable Solutions Duke Energy Sustainable Solutions is a leader in sustainable energy, helping large enterprises reduce power costs, lower emissions and increase resiliency. The team provides wind, solar, resilient backup power and managed energy services to over 1,000 projects across the U.S., with a total electric capacity of more than 5,100 megawatts of nonregulated renewable energy. Duke Energy Sustainable Solutions is a nonregulated commercial brand of Duke Energy (NYSE: DUK), a Fortune 150 company and one of the largest energy holding companies in the U.S., headquartered in Charlotte, N.C. The brand includes the following subsidiaries of Duke Energy Corporation that are registered to transact business in various states and may be branded as Duke Energy Sustainable Solutions for marketing purposes: Duke Energy One, Inc.; Duke Energy Commercial Enterprises, Inc.; Duke Energy Renewables, Inc.; Duke Energy Renewables Commercial, LLC; Duke Energy Renewable Services, LLC.; Duke Energy Renewables Storage, LLC; Duke Energy Renewables Wind, LLC.; Duke Energy Renewables Solar, LLC.; and REC Solar Commercial Corporation. About Clearway Energy Group Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., we own and operate more than 8 gigawatts of renewable and conventional energy assets across the country. As we develop a nationwide pipeline of new renewable energy projects for one future, Clearway's 5.7 gigawatts of wind, solar and energy storage assets offset the equivalent of more than 10.5 million metric tons of carbon emissions for our customers today. Clearway Energy Group is headquartered in San Francisco with offices in Carlsbad, California; Scottsdale, Arizona; Houston; and Princeton, N.J. For more information, visit clearwayenergygroup.com About Toyota Toyota (NYSE:TM), creator of the Prius hybrid and the Mirai fuel cell vehicle, is committed to building vehicles for the way people live through our Toyota and Lexus brands. Over the past 60 years, we've built more than 40 million cars and trucks in North America, where we have 14 manufacturing plants, 15 including our joint venture in Alabama (10 in the U.S.), and directly employ more than 47,000 people (over 36,000 in the U.S.). Our 1,800 North American dealerships (nearly 1,500 in the U.S.) sold more than 2.4 million cars and trucks (more than 2.1 million in the U.S.) in 2020.

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Strategy and Best Practices

IUCN and Huawei Both Push for a Greater Use of Technology to Protect the Environment

IUCN | June 07, 2022

The International Union for Conservation of Nature (IUCN), Huawei, and conservation project partners joined forces to urge for a greater global push to develop and implement innovative technologies to better safeguard the environment. The two partners held an online summit called "Tech for a Better Planet" to show how technology may dramatically improve nature conservation outcomes, as well as to introduce new digital technologies that are poised to become critical enablers of environmental protection. The process of responding to environmental concerns has raised awareness of the importance of technology in nature protection. "We believe that digital technology is a key enabler of environmental protection, All sectors of society should work together within an open and collaborative market environment to apply technological innovations to industries and transform new technologies into solutions and services that can help build a green planet." -Tao Jingwen, Director of the Board and Director of the Corporate Sustainable Development Committee for Huawei. Huawei supports the worldwide zero-carbon journey by promoting green development in industries through ICT breakthroughs. To speed the development of renewable energy, the company has merged power electronics and digital technology on the energy supply side. In terms of energy consumption, Huawei will continue to develop energy-saving technologies to improve the energy efficiency of ICT infrastructure, saving energy and lowering emissions in the process. Huawei has also created long-term partnerships to improve nature conservation outcomes by developing technology solutions that can better comprehend nature and lead to more effective biodiversity protection measures in a variety of environments. IUCN and Huawei started the global Tech4Nature project in 2020, and have since launched pilot programs in Switzerland, Spain, China, Mexico, and Mauritius based on the IUCN Green List Standard. IUCN, Huawei, and the Ecomode Society deployed the first underwater system in the Western Indian Ocean to monitor coral reef ecosystems in real time off the coast of Mauritius. The project's goal is to rebuild seriously threatened coral reef ecosystems by growing live coral in nurseries, transplanting it, and tracking growth, water conditions, and dangers such as algae. Underwater cameras with unique lenses, sensors, a 4G network to transport data, and AI to analyse the results are all part of the solution. Nearly 10,000 coral fragments have been transplanted to deteriorated reefs to date, with a total of 25,000 expected by the end of 2022.

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Solar+Storage

Greenwood Sustainable Infrastructure (GSI) Announces Utility Scale Deal with AquaSan to Provide Up to 233 MW in New Solar Capacity to Five U.S. States

Greenwood Sustainable Infrastructure | March 03, 2022

Greenwood Sustainable Infrastructure (GSI) announced it has taken a step towards providing more affordable, reliable, and clean access to energy for Americans. The North American solar energy investment and development subsidiary of the Libra Group announced that it has acquired a scalable portfolio of solar developments from AquaSan Network-subsidiary CMDAJ Holdings LLC (CMDAJ). This acquisition positions GSI to provide up to 233 megawatt (MW) in affordable, utility scale solar energy to new markets, including Minnesota, Colorado, Pennsylvania, South Carolina, and Wisconsin. Initially, GSI will develop 40 MW of early-stage utility scale solar developments in Minnesota, with the option to build an additional 193 MW in Colorado, Pennsylvania, South Carolina, and Wisconsin, doubling its current footprint to 10 U.S. states. Following this transaction, Libra Group subsidiaries, including GSI, will be close to reaching the one-gigawatt development mark, proving 950 MW in solar, wind and waste-to-energy with over 220 projects owned, currently under development, or previously developed in six countries. These developments will provide power to a combination of regulated utilities, investor-owned utilities and U.S. businesses allowing them to purchase solar energy to meet clean energy goals and lock in reduced electricity costs. The portfolio will increase access to reliable, clean energy and promote local job creation and the provision of clean, reliable and renewable water. We were proud to partner with CMDAJ, a team of experienced renewable energy and water project developers in Denver Colorado, to complete this deal which will increase access to reliable, clean energy and promote local job creation. The company and this transaction represent a key part of the Libra Group's commitment to renewable energy in the Americas and around the world." Camilo Patrignani, Libra Group EVP of Energy The U.S. renewable energy market is a multibillion-dollar sector. A global focus on clean power, where many U.S. developers lead the field, has given rise to new solutions with improved technology offering greater efficiencies year upon year. The assets from this deal will be co-owned and co-developed by the GSI and CMDAJ partnership. Once the projects are ready to build, GSI plans to construct and operate the power plants. "This is a very exciting announcement that will cement GSI's growth plans hand in hand with CMDAJ, and continue to support and advance the nation's transition to a reliable, clean energy future," said Mazen Turk, GSI CEO. "Since the start of operations in 2010, GSI has developed and built over 32 renewable energy assets and this acquisition furthers our exposure to the utility scale energy segment." "CMDAJ's team has developed over 2 gigawatts of thermal, solar, biomass and wind projects over the last 20 years and this partnership will enable us to expand our development portfolio and vertically integrate our efforts in renewable energy and water" said Carmine Iadarola, CEO of CMDAJ and AquaSan Network, Inc. About Greenwood Sustainable Infrastructure and Libra Group Greenwood Sustainable Infrastructure is one of the clean energy subsidiaries of the Libra Group, a privately-owned international business group spanning 35 countries across six continents and active in renewable energy, aviation, hospitality, real estate and shipping as well as selected diversified investments. GSI is focused investment, development, and operation of both distributed generation and utility-scale solar energy projects in North America. As of January 2022, the company developed approximately 200 MW in 32 renewable energy projects, many of which are still owned or operated by GSI. Recent partners include DTE Energy, Delmarva Power, and Duke Energy. Its sister company, Greenwood Energy Latinoamérica, is currently developing or managing close to 100 MW of on-site solar energy systems for public and private sector organizations wishing to offset their energy costs in Latin America, including the first utility-scale project in Panama. The Libra Group also owns Convergen Latvia, operating three biogas plants in Latvia and EuroEnergy, which operates solar and wind farms across Europe. About CMDAJ and AquaSan AquaSan was formed in 1983 by its current CEO Carmine Iadarola to provide administrative and technical services for the water infrastructure business. Over time, Aquasan got involved in the development of renewable energy projects as well and since then had developed 1,100 MWs of natural gas power, 1,000 MWs of wind, and 500 MWs of solar. AquaSan is a family owned business that employs 5 people and has rendered services to companies like Nextera, GCL, Xcel, Dominion, Pine Gate, Candela, Google, Kiewit and others.

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Events