Meineng Energy

Sustainability

Greenwave Technology Solutions | January 14, 2022

Greenwave Technology Solutions, Inc. is pleased to issue the following letter to shareholders from Greenwave Chairman and Chief Executive Officer, Mr. Danny Meeks: Dear Greenwave Shareholders, I’m pleased to report that Empire Services, Inc., which Greenwave acquired last fall, generated more than $27 million in revenue during the year ended December 31, 2021, exceeding the $24 million annual revenue goal we set in September 2021. We aim to further accelerate ...

Environmental Leader | February 25, 2020

D.E. Shaw Renewable Investments (DESRI) has acquired the 160 MW-ac Rancho Seco Solar II project, located in Sacramento County, California. The project, initially developed by Lendlease, an international property and infrastructure group, has a 30-year Power Purchase Agreement in place with the Sacramento Municipal Utility District (SMUD) and will be built on the site of a decommissioned nuclear power plant. Construction on Rancho Seco Solar II began last year and the project is expected to be th...

Renewables Now | March 25, 2020

Nearly all of Hawaii’s utility-scale battery storage capacity is installed with onshore wind turbines or solar photovoltaic (PV) systems, allowing excess electricity from those generators to be stored and used later, according to a report by the US Energy Information Administration (EIA). As of January 2020, about 30% of Hawaii’s total generating capacity is solar or wind. The non-dispatchable nature of these technologies creates operational challenges for system operators. Pairing batteries wit...

Energy

Bank of America and CrossBoundary Energy | November 10, 2022

CrossBoundary Energy, a leading developer, owner, and operator of commercial and industrial renewable energy projects in Africa, announced in Sharm el-Sheikh, Egypt at the COP27 United Nations Climate Change Conference, their intention to explore financing solutions with Bank of America, to rapidly scale its investments in renewable energy solutions for commercial and industrial businesses across Africa. The collaboration serves as an example of a blended finance transaction driving ...