Amid Increasing Demand of Solar Power, Huawei Partners with JJ-LAPP

Huawei | July 06, 2020

The demand for solar, especially in ASEAN's emerging markets, has been driven by the urgent need for energy. Solar Energy has been a key pillar of the global energy transition and has become the preferred energy source due to rapid advancements of high-tech solutions that have drastically improved its accessibility, adaptability, competitive pricing, sustainability, and productivity output. Continuing its efforts to meet the growing market needs and for a green Asia, JJ-LAPP, the cable technology joint venture of diversified industrial conglomerate, Jebsen & Jessen Group, has inked a new partnership with Huawei for the distribution of its Smart PV solutions in 6 ASEAN countries; Cambodia, Indonesia, Laos, Myanmar, Philippines, and Thailand.

Spotlight

The Diamond Vista wind farm in Kansas will be able to provide green energy to the multinational Kohler Co, allowing the reduction of its global gas emissions by over 25%.

Spotlight

The Diamond Vista wind farm in Kansas will be able to provide green energy to the multinational Kohler Co, allowing the reduction of its global gas emissions by over 25%.

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STRATEGY AND BEST PRACTICES

CarbonX and AirCarbon Exchange Sign a Memorandum of Understanding, Establishing Indonesia's Carbon Market

CarbonX | March 28, 2022

CarbonX, an Indonesian developer of high-impact carbon assets, has signed a Memorandum of Understanding (MoU) with AirCarbon Exchange (ACX), the world's first fully digital carbon exchange, to collaborate on developing a carbon marketplace in Indonesia. Dessi Yuliana, director of CarbonX, noted that the collaboration would provide Indonesian carbon project developers with a domestic carbon market connected to ACX's international customer order book. Additionally, the carbon marketplace will enable the Indonesian carbon market to expand swiftly. "The joint venture delivers all aspects of a comprehensive carbon infrastructure where buyers and sellers worldwide and domestically can transact in a transparent and efficient manner," -Dessi Yuliana, director of CarbonX According to Pandu Sjahrir, Commissioner of CarbonX, Indonesia has committed to a green economic transformation through the Net Zero Emission (NZE) objective of 2060, which is enshrined in Presidential Regulation 98/2021 on the Implementation of Carbon Economic Value. To accomplish this goal, all players must collaborate and are aided by enabling policies. According to Bappenas, Indonesia will require enormous annual investments of approximately 3.4 to 3.5 percent of GDP to reach the NZE. "The carbon marketplace platform scheme created by CarbonX can contribute to assisting investment funding to achieve NZE targets. If all of this takes place optimally, Indonesia can produce a massive supply of carbon offsets and contribute to the NDC commitment, while also providing social and economic co-benefits," -Pandu Sjahrir, Commissioner of CarbonX William Pazos, Managing Director and Co-Founder of AirCarbon Exchange, noted that the relationship with CarbonX will expand options for Indonesian carbon asset producers. "Today's announcement marks another milestone in ACX's rapid ascent as one of the world's premier carbon marketplaces. By leveraging ACX's technology, the CarbonX partnership will launch with immediate scale. As a result, Indonesian buyers and sellers will immediately gain access to an international marketplace with participants from 30 countries," -William Pazos, Managing Director and Co-Founder of AirCarbon Exchange ACX was named the Best Carbon Exchange in Environmental Finance's annual Voluntary Carbon Market Rankings 2021 - the world's most extensive and most-watched study of the Voluntary Carbon Market. The Exchange has developed dramatically since the first deal was executed on the platform in early 2021, bringing openness, efficiency, and liquidity to the voluntary carbon markets.

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SOLAR+STORAGE

Hecate Energy Invests in Western New York with State's Largest Solar Farm

Hecate Energy | June 10, 2021

Hecate Energy announced today that it has applied with the New York State Office of Renewable Energy Siting (ORES) to build a 500-megawatt solar farm in the Western New York towns of Elba and Oakfield, the State's first new application under the State's new permitting process for large-scale renewable projects. If approved and built, the Cider Solar Farm would be the biggest solar project ever developed in New York State. The $500 million-plus private infrastructure investment is estimated to generate over 500 construction jobs and provide 920,000 megawatt-hours of renewable electricity per year – enough to power over 120,000 average New York households. Initially, the project sought leases and options on around 4,000 acres of land in the Genesee County towns of Elba and Oakfield. As Hecate gained a better knowledge of local needs, detailed siting and study efforts enabled them to reduce the project's footprint to around 2,800 acres of land spread across two towns. The solar project's energy is expected to offset over 420,000 tons of CO2 each year, which is the equivalent of removing over 92,000 average automobiles from the road each year. The new ORES and guidelines for the approval of large-scale renewable energy projects were created by New York State's Accelerated Renewable Energy Growth and Community Benefits Act, which contains Section 94-c of the Executive Law and was passed in 2021. Its purpose is to improve the siting and construction of environmentally responsible, cost-effective, and delivered projects on time with involvement from local communities. Hecate's Cider Solar 94-c Application, prepared by Buffalo-based Stantec Consulting Services in collaboration with the law firm Foley Hoag LLP, is the first new application submitted to ORES under 94-c standards, marking a critical step forward in the State's project permitting process. About Hecate Energy Based in Chicago, Illinois, Hecate Energy is a developer of solar farms, wind farms, and energy storage projects. Hecate Energy, founded in 2012 by a team of energy industry veterans who have worked together for over 25 years, has developed thousands of megawatts of clean energy projects across North America. About ORES The Accelerated Renewable Energy Growth and Community Benefits Act (the Act) established the Office of Renewable Energy Siting (ORES or Office) in April 2020 as the first-of-its-kind state agency dedicated only to environmentally responsible and cost-effective siting of renewable energy facilities. ORES streamlines the environmental review and approval of major renewable energy facilities to ensure that siting choices are predictable, reliable, and made on schedule with involvement from local governments and host communities. The Office established comprehensive regulations on March 3, 2021, which included a set of uniform standards and conditions to implement the Act. The Office is intended to help New York get 70% of its power from renewable sources by 2030, as needed by Governor Andrew Cuomo's nation-leading climate plan, incorporated into law through the Climate Leadership and Community Protection Act.

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SOLAR+STORAGE

Pivot Energy and Standard Solar to Develop Three New Community Solar Projects in Colorado

Pivot Energy | May 12, 2021

Pivot Energy, Colorado's largest community solar developer, and Standard Solar, Inc., a nationally recognized leader in the development, financing, ownership, and maintenance of commercial and community solar assets, have announced the development of three new Colorado community solar projects. Two of the projects are in Garfield County, and the third is in Jefferson County. The projects will generate enough electricity to power more than 700 homes and a total of four megawatts of new renewable and abundant solar energy. One megawatt of the portfolio is dedicated exclusively to servicing low-income subscribers, with the remaining three megawatts subscribed to by local governments and organizations. Pivot Energy designed and built the solar gardens and will manage the customers, while Standard Solar will finance, own, and maintain the systems. Community solar is rapidly expanding across Colorado as a way for local governments to help meet renewable energy goals while also offering the potential for meaningful cost savings to everyone who pays an electric bill. Via the Garfield Clean Energy Collaborative and other initiatives, Clean Energy Economy for the Region (CLEER), a major clean energy advocacy organization for Colorado's western slope region, promotes the increased development of community solar. Both solar gardens in Garfield County will be operational in June 2021, while the Jefferson County plant will be operational later this year. In 2021, Pivot intends to develop more gardens on the western slope. About Pivot Energy Pivot Energy is a national solar provider that designs, funds, constructs, and operates solar and storage energy projects. Pivot is a distributed energy platform with a variety of services and software aimed at supporting the entire solar ecosystem. Pivot runs on a triple bottom line model, with results measured by the positive effect on people, the planet, and profit. About Standard Solar Standard Solar is driving the nation's energy revolution by utilizing its project development skills, financial ability, and technological expertise to bring solar and solar + storage benefits to businesses, institutions, farms, governments, communities, and utilities. Standard Solar is a national leader in the development, funding, and long-term ownership and management of commercial and community solar assets, with 16 years of renewable growth and in-house and tax equity investment capital. The corporation owns and operates more than 160 megawatts of solar across the United States and is recognized as an established financial partner with immediate, significant resources. The headquarters of Standard Solar is in Rockville, Maryland.

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