SRECTrade’s Management Business Exceeds 500 MW of Clean Energy Assets

On February 5, 2019 SRECTrade’s environmental commodity management platform surpassed 500 megawatts (MW) of assets under management. As of today, the Company manages more than 520 MW of clean energy projects spanning more than 36,000 assets. SRECTrade’s assets under management are comprised of solar photovoltaic, wind, renewable thermal, and electric vehicle assets. This milestone demonstrates the Company’s ability to manage clean energy projects across a variety of environmental commodity incentive markets.

Spotlight

Clean Energy Buyers Association (CEBA)

The Clean Energy Buyers Association (CEBA), a business association activating a community of energy customers and partners to deploy market and policy solutions for a carbon-free energy system. Our bold and ambitious aspiration: achieve a 90% carbon-free U.S. electricity system by 2030 and cultivate a global community of customers driving clean energy.

OTHER ARTICLES
Strategy and Best Practices, Energy

Why Picking an Established and Credible Solar Installer Matters

Article | July 27, 2022

With the popularity of solar increasing across the country, the number of solar installers has been multiplying. Unfortunately, many fly-by-night companies with minimal installation experience or larger national firms with little market history are trying to capitalize on the industry’s growth. In addition, the sheer volume of installation partners that consumers have to choose from can result in a great deal of buyer confusion. More choices, more issues As the number of solar installers has gone up, so have complaints and issues related to providers and their service. Recently, the Minnesota Department of Labor and Industry reached terms with Empire Solar Group LLC’s trustees, a national solar installer that went bankrupt earlier this year, leaving 45 homeowners in Minnesota with projects in various levels of incompletion. Unfortunately, they’re not alone, as many other consumers have also fallen into precarious situations after companies using high-pressure sales tactics have been unable to deliver on the work. Michael Allen, CEO of All Energy Solar, says, “He’s angered that companies go out of business and face no fines.” Allen and other established industry leaders have done their best to help out customers caught in the middle of an installer’s bankruptcy issues, but there is only so much they can do. What protections do consumers have? In some cases, states have put into place protections for consumers; for example, in Minnesota, consumers stranded with uncompleted projects can get access to the state’s Contractor Recovery Fund, which receives money from licensing fees to help offset these costs. But that is of little comfort for those trying to determine what partner to choose for their project. The best bet When picking a solar installation partner, your best bet is to avoid those with high-pressure sales tactics, “too-good-to-be-true” pricing, or ones with little to no installation experience. Don’t simply trust the sales rep, do a little of your own research to see what other customers are saying. Looking for a record of successfully completed projects and businesses with state and national certifications can be another way to confirm credibility.

Read More
Energy

Indigenous lands can be ground zero for a wind energy boom

Article | July 15, 2022

It all started about four years ago, when SUVs and pickup trucks drove uninvited onto their lands, remembers Olimpia Palmar, a member of the Indigenous Wayúu peoples, who historically have occupied the La Guajira desert in northern Colombia and Venezuela. "We started seeing these arijunas [Wayuúunaiki for non-native peoples] wearing construction helmets and boots and vests, getting out of the cars, checking the desert, and then leaving," she recalls. Word soon began circulating across the Guajira Peninsula, from the rancherías — the community’s rural settlements — to the few urban centers: The arijunas were offering money to those who would let them plant tall, slim towers on their lands to measure the wind. On La Guajira’s dusty earth, where few things grow, towers began to sprout. By 2019, at least 30 wind-measuring towers had risen on Wayúu land, according to a report by Indepaz, a nonprofit research center.

Read More
Solar+Storage

Renewable Fuels Will Help Pave the Way to a 100% Renewable Energy

Article | June 8, 2022

The need to reduce carbon emissions is real. In 2018, the International Panel on Climate Change (IPCC) reported that global emissions would need to reach net-zero (or carbon-neutral) by 2050 to prevent severe climate change impacts. Electricity is a major contributor—electricity generation was responsible for approximately 33% of total CO2 emissions in the U.S. in 2018. Electric utilities stand to play a critical role in reducing carbon emissions. Many are up to the task of decarbonizing their operations and supplying carbon-free or carbon-neutral energy to their customers.

Read More
Strategy and Best Practices, Industry Updates

7 Necessary Steps for Effective Energy Management

Article | August 16, 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.

Read More

Spotlight

Clean Energy Buyers Association (CEBA)

The Clean Energy Buyers Association (CEBA), a business association activating a community of energy customers and partners to deploy market and policy solutions for a carbon-free energy system. Our bold and ambitious aspiration: achieve a 90% carbon-free U.S. electricity system by 2030 and cultivate a global community of customers driving clean energy.

Related News

Solar+Storage

TROES Achieves Field Certification for Multiple Off-Grid Projects, Demonstrating Commitment to Safety and Quality

Business Wire | July 05, 2023

TROES, a leading provider of cutting-edge battery energy storage solutions, is delighted to announce the successful field certification of several off-grid projects, including a noteworthy project in Canada that recently surpassed the field inspection process based on UL9540 standards for one of its off-grid projects. Boasting a portfolio of off-grid projects spanning the Caribbean and Canada, TROES' commitment to safety and quality in advanced Battery Energy Storage Systems (BESS) is exemplified by the testing it has undergone and continued compliance to industry best practices, ensuring the reliable and safe operation of off-grid projects with BESS components. Canada enforces stringent electrical safety standards for energy systems, including off-grid microgrid projects with BESS components. Field certification is mandatory to verify compliance, and the field certificate standards ensure safe operation through rigorous testing to ensure adherence to best practices. TROES passing the field inspection showcases the company's standards of safety and reliability in their BESS products. In off-grid applications, advanced technology is crucial. For example, in islanding mode, the fluctuating renewable energy generation influenced by weather conditions leads to variable power availability. The Battery Energy Storage System (BESS) plays a vital role in effectively managing energy supply and demand to ensure a reliable and stable power output. Additionally, the BESS may serve as the primary or sole power source in islanding mode, making it essential to maintain the State of Charge (SoC) within safe operating limits. This is necessary to prevent over-discharge or overcharge situations that can degrade battery health and reduce its lifespan, where TROES excels in achieving successful off-grid projects for clients across the globe. Furthermore, without the utility grid providing the last layer of protection, the detection and protection against faults or abnormal conditions become crucial aspects to consider. The majority of the off-grid projects TROES conducted were for a customer who previously relied solely on generators to power their energy usage, incurring significant fuel and maintenance costs. By using TROES’ BESS solution, the generator's operation becomes optimized and the noise pollution will be reduced, allowing the BESS and renewable energy system to provide uninterrupted quiet electricity throughout the warmer seasons. The successful completion of these projects exemplifies TROES' commitment to delivering state-of-the-art C&I energy storage solutions that enhance power generation efficiency, reduce costs, and promote sustainability for its valued customers. The increasing demand for reliable off-grid power solutions in remote locations and the urgent need to transition to clean energy sources have created a significant market for TROES' products. Off-grid battery energy storage system (BESS) solutions are essential in North America due to limited grid access, power outages, renewable energy integration, cost savings, and energy independence. By offering reliable, cost-effective, and environmentally friendly off-grid BESS solutions, TROES empowers individuals and communities in the remote areas to achieve energy independence, enhance resilience, and contribute to a sustainable future. "We are thrilled to have successfully passed the field inspection based on UL9540 standards," said Vienna Zhou, CEO & Founder at TROES. "We remain dedicated to pushing the boundaries of innovation, ensuring our customers benefit from cutting-edge technology that optimizes their energy systems while adhering to the highest industry standards." With a focus on safety, reliability, and superior performance, TROES remains committed to exceeding customer expectations and revolutionizing the energy storage landscape. About TROES TROES is a leading provider of advanced battery energy storage solutions, offering a comprehensive turn-key energy storage technology package. Their offerings include battery energy storage hardware, remote monitoring and operation software, and turn-key control solutions. With a strong focus on safety, reliability, and innovation, TROES delivers cutting-edge solutions that optimize power generation, reduce expenses, and enhance sustainability. Their diverse range of products and services caters to various sectors, including commercial, industrial, agriculture and utility-scale applications.

Read More

Energy

Clean Energy Inks New Fueling Agreements with Customers Looking to Reduce Carbon Emissions with RNG

businesswire | June 12, 2023

Clean Energy Fuels Corp, the largest provider of the cleanest fuel for the transportation market, announced a slew of new deals with several well-known consumer brands and some of the nation’s largest and most environmentally-conscious transit agencies. Liberty Coca-Cola, one of the country’s largest bottlers and distributors of Coke and other brands and serving the Northeast U.S., has signed a fueling contract with Clean Energy to power trucks in New York and Philadelphia with renewable natural gas (RNG). These are its first trucks to operate on RNG, a sustainable fuel made from organic waste that significantly reduces carbon emissions by an average of 300% versus diesel. “Liberty Coca-Cola strives to be the best corporate citizen we can be in the communities where we do business, and having a cleaner-operating and more sustainable fleet with RNG is a good way to that,” said Stanley Walker, distribution manager, Liberty Coca-Cola. “RNG reduces carbon emissions and improves air quality easily and cost-effectively.” Electrolux North America, a leading global home appliance company, has signed a fueling agreement with Clean Energy for an estimated 200,000 gallons of RNG to be used by new trucks from a contracted carrier that will fuel at Clean Energy’s station in Ontario, CA. Recology, a waste management company, has inked new and extended RNG supply and maintenance contracts for an anticipated 800,000 and 6.5 million gallons respectively. Recology stations in Gilroy, Brisbane, and Davis, CA support more than 150 RNG trucks. Additionally, Recology has contracted Clean Energy to build a new RNG station In Snohomish, WA that is projected to fuel 30 trucks. Long-time customer and an early adopter of RNG, the Big Blue Bus in Santa Monica, CA has signed a maintenance agreement for its fleet of 195 transit buses that fuels with an anticipated 7.5 million gallons of RNG. In 2015, Big Blue Bus became one of the country's first municipal transit agencies to convert its entire fleet to RNG. Nationally recognized for its long-standing commitment to a cleaner environment, Big Blue Bus transports 44,000 passengers daily across a 58-square-mile service area. “We count Big Blue Bus as one of our most important customers because the leadership role the transit agency plays in tackling the issues of clean air and climate change,” said Chad Lindholm, Clean Energy Senior Vice President. “Fueling their fleet of buses with RNG provides immediate and significant carbon reductions, while improving air quality for people who live in and around the community of Santa Monica.” “Our longstanding partnership with Clean Energy helps us deliver on our mission to provide affordable and sustainable transportation, while creating healthier, more livable communities. Further, our adoption of renewable natural gas aligns with our strategic goal to implement a full zero-emissions fleet by 2030,” said Ed King, director, Santa Monica Department of Transportation. Clean Energy has been contracted by Gold Coast Transit to maintain its station in Oxnard, CA which uses an estimated 4 million gallons of RNG for 82 transit buses. Channel Island Dairy Farms has signed a contract for an estimated 300,000 gallons of RNG for heavy-duty trucks operating in the Corcoran, CA area. The Birmingham Jefferson County Transit Authority has signed a maintenance agreement with Clean Energy for its Birmingham, AL station. The station is expected to use an anticipated 2 million gallons of fuel for 186 transit buses. The City of Tucson has signed a maintenance agreement with Clean Energy to support its fleet operations. The station uses an anticipated 2 million gallons of fuel to power 150 transit buses and refuse trucks. Valley Regional Transit in Boise, ID has inked a maintenance agreement with Clean Energy. The station uses an expected 1.7 million gallons of fuel to power its fleet of 30 transit buses. Grand Canyon National Park, AZ has signed an agreement with Clean Energy to maintain its station. The station is anticipated to provide 1.5 million gallons of fuel for 30 park shuttle buses. Sweeping Corporation of America, the nation's largest power sweeping company, has signed a contract for a projected 250,000 gallons of fuel to power 78 trucks in Northern and Southern California. Campbell’s Trucking Company in Tacoma, WA has signed a fueling deal for an expected 300,000 gallons of fuel for 15 heavy-duty trucks. About Clean Energy Clean Energy Fuels Corp. is the country’s largest provider of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada.

Read More

Solar+Storage, Energy

Intersect Power Achieves Commercial Operation of 310 MWp Athos III Solar Project in CA

Intersect Power, LLC | January 13, 2023

Intersect Power, LLC announced that its Athos III solar project in Riverside County, California, will start making money on December 22, 2022. The Athos III solar project was constructed by union workers, with solar panels, batteries, and steel piles made in America. This means that it is expected to comply with the domestic content and prevailing wage requirements of the Inflation Reduction Act (IRA). The Athos III solar project (Blythe Mesa Solar II) is generating 224 MWac/310 MWp of dependable solar energy to power about 94,000 households and features 448 MWh of co-located storage. Sheldon Kimber, Intersect Power CEO, stated, "Today marks a major milestone for the Intersect Power team and our impact as a clean energy developer, owner, and operator." Source – Cision PR Newswire Intersect Power's Athos III solar project is part of its near-term portfolio, which includes 2.2 GW of solar photovoltaic and 1.4 GWh of co-located storage. The majority of the portfolio will go live in 2023. As a result, the Athos III solar project generated 500 peak union positions. Funding for the project's operations and construction was secured as part of the expanded portfolio financing announced in November 2022, when Intersect Power closed on commitments from critical financial institutions and investors for portfolio-level term loans, tax equity, and construction finance. HPS Investment Partners provided the portfolio term debt. The tax equity was delivered by Morgan Stanley Renewables Inc. The construction debt was provided by coordinating Lead Arrangers Santander Corporate & Investment Banking and MUFG. Along with Cobank, Helaba, KeyBanc Capital Markets, and Nord LB as joint lead arrangers. About Intersect Power Intersect Power is a clean energy firm that provides retail and wholesale energy markets with innovative and scalable low-carbon solutions. The corporation produces some of the world's most significant clean energy resources, supplying North American clients with low-carbon power, fuels, and related products. Intersect Power's base portfolio consists of 2.2 GW of solar PV and 1.4 GWh of co-located storage that are either under development or in service. The company's business model calls for expanding grid-connected renewables and large-scale clean energy assets like green hydrogen.

Read More

Solar+Storage

TROES Achieves Field Certification for Multiple Off-Grid Projects, Demonstrating Commitment to Safety and Quality

Business Wire | July 05, 2023

TROES, a leading provider of cutting-edge battery energy storage solutions, is delighted to announce the successful field certification of several off-grid projects, including a noteworthy project in Canada that recently surpassed the field inspection process based on UL9540 standards for one of its off-grid projects. Boasting a portfolio of off-grid projects spanning the Caribbean and Canada, TROES' commitment to safety and quality in advanced Battery Energy Storage Systems (BESS) is exemplified by the testing it has undergone and continued compliance to industry best practices, ensuring the reliable and safe operation of off-grid projects with BESS components. Canada enforces stringent electrical safety standards for energy systems, including off-grid microgrid projects with BESS components. Field certification is mandatory to verify compliance, and the field certificate standards ensure safe operation through rigorous testing to ensure adherence to best practices. TROES passing the field inspection showcases the company's standards of safety and reliability in their BESS products. In off-grid applications, advanced technology is crucial. For example, in islanding mode, the fluctuating renewable energy generation influenced by weather conditions leads to variable power availability. The Battery Energy Storage System (BESS) plays a vital role in effectively managing energy supply and demand to ensure a reliable and stable power output. Additionally, the BESS may serve as the primary or sole power source in islanding mode, making it essential to maintain the State of Charge (SoC) within safe operating limits. This is necessary to prevent over-discharge or overcharge situations that can degrade battery health and reduce its lifespan, where TROES excels in achieving successful off-grid projects for clients across the globe. Furthermore, without the utility grid providing the last layer of protection, the detection and protection against faults or abnormal conditions become crucial aspects to consider. The majority of the off-grid projects TROES conducted were for a customer who previously relied solely on generators to power their energy usage, incurring significant fuel and maintenance costs. By using TROES’ BESS solution, the generator's operation becomes optimized and the noise pollution will be reduced, allowing the BESS and renewable energy system to provide uninterrupted quiet electricity throughout the warmer seasons. The successful completion of these projects exemplifies TROES' commitment to delivering state-of-the-art C&I energy storage solutions that enhance power generation efficiency, reduce costs, and promote sustainability for its valued customers. The increasing demand for reliable off-grid power solutions in remote locations and the urgent need to transition to clean energy sources have created a significant market for TROES' products. Off-grid battery energy storage system (BESS) solutions are essential in North America due to limited grid access, power outages, renewable energy integration, cost savings, and energy independence. By offering reliable, cost-effective, and environmentally friendly off-grid BESS solutions, TROES empowers individuals and communities in the remote areas to achieve energy independence, enhance resilience, and contribute to a sustainable future. "We are thrilled to have successfully passed the field inspection based on UL9540 standards," said Vienna Zhou, CEO & Founder at TROES. "We remain dedicated to pushing the boundaries of innovation, ensuring our customers benefit from cutting-edge technology that optimizes their energy systems while adhering to the highest industry standards." With a focus on safety, reliability, and superior performance, TROES remains committed to exceeding customer expectations and revolutionizing the energy storage landscape. About TROES TROES is a leading provider of advanced battery energy storage solutions, offering a comprehensive turn-key energy storage technology package. Their offerings include battery energy storage hardware, remote monitoring and operation software, and turn-key control solutions. With a strong focus on safety, reliability, and innovation, TROES delivers cutting-edge solutions that optimize power generation, reduce expenses, and enhance sustainability. Their diverse range of products and services caters to various sectors, including commercial, industrial, agriculture and utility-scale applications.

Read More

Energy

Clean Energy Inks New Fueling Agreements with Customers Looking to Reduce Carbon Emissions with RNG

businesswire | June 12, 2023

Clean Energy Fuels Corp, the largest provider of the cleanest fuel for the transportation market, announced a slew of new deals with several well-known consumer brands and some of the nation’s largest and most environmentally-conscious transit agencies. Liberty Coca-Cola, one of the country’s largest bottlers and distributors of Coke and other brands and serving the Northeast U.S., has signed a fueling contract with Clean Energy to power trucks in New York and Philadelphia with renewable natural gas (RNG). These are its first trucks to operate on RNG, a sustainable fuel made from organic waste that significantly reduces carbon emissions by an average of 300% versus diesel. “Liberty Coca-Cola strives to be the best corporate citizen we can be in the communities where we do business, and having a cleaner-operating and more sustainable fleet with RNG is a good way to that,” said Stanley Walker, distribution manager, Liberty Coca-Cola. “RNG reduces carbon emissions and improves air quality easily and cost-effectively.” Electrolux North America, a leading global home appliance company, has signed a fueling agreement with Clean Energy for an estimated 200,000 gallons of RNG to be used by new trucks from a contracted carrier that will fuel at Clean Energy’s station in Ontario, CA. Recology, a waste management company, has inked new and extended RNG supply and maintenance contracts for an anticipated 800,000 and 6.5 million gallons respectively. Recology stations in Gilroy, Brisbane, and Davis, CA support more than 150 RNG trucks. Additionally, Recology has contracted Clean Energy to build a new RNG station In Snohomish, WA that is projected to fuel 30 trucks. Long-time customer and an early adopter of RNG, the Big Blue Bus in Santa Monica, CA has signed a maintenance agreement for its fleet of 195 transit buses that fuels with an anticipated 7.5 million gallons of RNG. In 2015, Big Blue Bus became one of the country's first municipal transit agencies to convert its entire fleet to RNG. Nationally recognized for its long-standing commitment to a cleaner environment, Big Blue Bus transports 44,000 passengers daily across a 58-square-mile service area. “We count Big Blue Bus as one of our most important customers because the leadership role the transit agency plays in tackling the issues of clean air and climate change,” said Chad Lindholm, Clean Energy Senior Vice President. “Fueling their fleet of buses with RNG provides immediate and significant carbon reductions, while improving air quality for people who live in and around the community of Santa Monica.” “Our longstanding partnership with Clean Energy helps us deliver on our mission to provide affordable and sustainable transportation, while creating healthier, more livable communities. Further, our adoption of renewable natural gas aligns with our strategic goal to implement a full zero-emissions fleet by 2030,” said Ed King, director, Santa Monica Department of Transportation. Clean Energy has been contracted by Gold Coast Transit to maintain its station in Oxnard, CA which uses an estimated 4 million gallons of RNG for 82 transit buses. Channel Island Dairy Farms has signed a contract for an estimated 300,000 gallons of RNG for heavy-duty trucks operating in the Corcoran, CA area. The Birmingham Jefferson County Transit Authority has signed a maintenance agreement with Clean Energy for its Birmingham, AL station. The station is expected to use an anticipated 2 million gallons of fuel for 186 transit buses. The City of Tucson has signed a maintenance agreement with Clean Energy to support its fleet operations. The station uses an anticipated 2 million gallons of fuel to power 150 transit buses and refuse trucks. Valley Regional Transit in Boise, ID has inked a maintenance agreement with Clean Energy. The station uses an expected 1.7 million gallons of fuel to power its fleet of 30 transit buses. Grand Canyon National Park, AZ has signed an agreement with Clean Energy to maintain its station. The station is anticipated to provide 1.5 million gallons of fuel for 30 park shuttle buses. Sweeping Corporation of America, the nation's largest power sweeping company, has signed a contract for a projected 250,000 gallons of fuel to power 78 trucks in Northern and Southern California. Campbell’s Trucking Company in Tacoma, WA has signed a fueling deal for an expected 300,000 gallons of fuel for 15 heavy-duty trucks. About Clean Energy Clean Energy Fuels Corp. is the country’s largest provider of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada.

Read More

Solar+Storage, Energy

Intersect Power Achieves Commercial Operation of 310 MWp Athos III Solar Project in CA

Intersect Power, LLC | January 13, 2023

Intersect Power, LLC announced that its Athos III solar project in Riverside County, California, will start making money on December 22, 2022. The Athos III solar project was constructed by union workers, with solar panels, batteries, and steel piles made in America. This means that it is expected to comply with the domestic content and prevailing wage requirements of the Inflation Reduction Act (IRA). The Athos III solar project (Blythe Mesa Solar II) is generating 224 MWac/310 MWp of dependable solar energy to power about 94,000 households and features 448 MWh of co-located storage. Sheldon Kimber, Intersect Power CEO, stated, "Today marks a major milestone for the Intersect Power team and our impact as a clean energy developer, owner, and operator." Source – Cision PR Newswire Intersect Power's Athos III solar project is part of its near-term portfolio, which includes 2.2 GW of solar photovoltaic and 1.4 GWh of co-located storage. The majority of the portfolio will go live in 2023. As a result, the Athos III solar project generated 500 peak union positions. Funding for the project's operations and construction was secured as part of the expanded portfolio financing announced in November 2022, when Intersect Power closed on commitments from critical financial institutions and investors for portfolio-level term loans, tax equity, and construction finance. HPS Investment Partners provided the portfolio term debt. The tax equity was delivered by Morgan Stanley Renewables Inc. The construction debt was provided by coordinating Lead Arrangers Santander Corporate & Investment Banking and MUFG. Along with Cobank, Helaba, KeyBanc Capital Markets, and Nord LB as joint lead arrangers. About Intersect Power Intersect Power is a clean energy firm that provides retail and wholesale energy markets with innovative and scalable low-carbon solutions. The corporation produces some of the world's most significant clean energy resources, supplying North American clients with low-carbon power, fuels, and related products. Intersect Power's base portfolio consists of 2.2 GW of solar PV and 1.4 GWh of co-located storage that are either under development or in service. The company's business model calls for expanding grid-connected renewables and large-scale clean energy assets like green hydrogen.

Read More

Events