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Sustainability, Industry Updates
Our Next Energy, Inc. (ONE) | February 24, 2023
On February 23, 2023, Our Next Energy, Inc. (ONE) announces Aries GridTM, a lithium iron phosphate utility-scale battery system capable of long-term energy storage. Aries Grid, manufactured in the United States, represents a significant milestone in efforts to scale up investments in renewable energy infrastructure and grid resilience. Tools have been introduced by the IRA that allows ONE and its customers to leverage product cost offsets and federal investment tax credits for t...
Energy
Amshore | February 23, 2022
Amshore, a renewable energy development leader, announced the promotion of senior project developer Aaron Young to the role of Vice President of Development. In his new role, Aaron leads the development strategy, execution and team focused on helping utility companies and independent power producers expand their renewable energy projects throughout North America. Aaron joined Amshore in 2014 and has developed and assisted in the development and construction of key projects through...
businesswire | June 27, 2023
Strata Clean Energy (Strata) has successfully closed on all installments of tax equity financing for two standalone battery energy storage systems. Strata partnered with United Community Bank (UCB) and Enhanced Capital on an $8.7 million investment for the Georgia and Springfield Vermont projects, each of which have 5MW/10MWh of storage capacity. The first installment of financing closed in March, making the sites among the first standalone storage projects to be funded using investment ta...
Solar+Storage
businesswire | April 04, 2023
Enviva Inc. welcomes today’s news that the European Union’s trilogue negotiations concluded with an agreement on the Renewable Energy Directive III (“REDIII” or the “Directive”) and is pleased to hear that woody biomass will continue to be recognized as a renewable energy source in the EU. Although the final text of the agreement has yet to be released publicly, the Company also understands that, encouragingly, the agreement does not impose rest...
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