Appalachian Power gets approval to sell 100 percent renewable energy to customers. Hold the champagne.

Virginia Mercury | January 10, 2019

This week the State Corporation Commission approved a request from Appalachian Power Company to offer its more than 500,000 Virginia customers the option of buying electricity entirely from renewable sources. The sources will be primarily wind and hydro, with some solar to be added as it gets built. Participants who opt in will pay a premium of less than 4 percent over ordinary “brown” power, resulting in bill increases of $4.25 per month for a customer who uses 1,000-kilowatt hours per month.

Spotlight

Many of the poorest countries in the world have the highest exposure to the sun. "Shining Light on Renewable Energy in Developing Countries" explores the opportunities for unprecedented investment in clean, renewable alternative energy systems that have the potential to not only enrich newly industrialized countries, but positively alter the quality of life for populations around the world.

Spotlight

Many of the poorest countries in the world have the highest exposure to the sun. "Shining Light on Renewable Energy in Developing Countries" explores the opportunities for unprecedented investment in clean, renewable alternative energy systems that have the potential to not only enrich newly industrialized countries, but positively alter the quality of life for populations around the world.

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SOLAR+STORAGE

SolRiver Capital Announces Acquisition of 53 MW Solar Portfolio From Copenhagen Infrastructure Partners

SolRiver Capital | October 29, 2021

SolRiver Capital, a national solar investment fund, announced the acquisition of a portfolio of utility-scale solar PV projects across the state of North Carolina from Copenhagen Infrastructure Partners. The portfolio is eight projects throughout North Carolina, totaling 53 MW. Each project is expected to initially operate under a power purchase agreement with the local utility. Once completed, the projects will produce over 91 million kilowatt hours of clean electricity annually, which is enough to power more than 7,700 homes each year and the equivalent carbon sequestered by planting over 1 million trees. Just last year, Duke Energy and third-party solar developers, as well as industry organizations, reached multiple agreements to accelerate and reduce costs of interconnection for utility-scale solar facilities across North and South Carolina. These agreements include the facilitation of additional solar interconnections via a defined process and timeline, along with reforming the interconnection queue process by transitioning to a cluster study model. This updated process is instrumental for SolRiver to bring high-quality solar projects to this region. "North Carolina continues to be a strong market for SolRiver. What really secured this deal is our know-how on successfully navigating development and construction, informed by the past several years of building these types of systems in the Carolinas." Riley Sullivan, Vice President of Acquisitions at SolRiver Capital In addition, this announcement comes on the heels of North Carolina's recently passed HB 951, Energy Solutions for North Carolina, which establishes goals for the state's electricity sector to reduce carbon emissions by 70% by 2030 and reach carbon neutrality by 2050. SolRiver's investment includes a series of PURPA solar projects to provide power as part of North Carolina's increasing renewable energy generation mix. SolRiver's investment in the portfolio, expected to be in excess of $90 million, will contribute to the local and regional clean energy economy through additional tax revenue, along with the temporary and permanent jobs created throughout the construction and operation of the projects. About SolRiver Capital SolRiver Capital is a solar investment fund dedicated to financing the development, construction, and acquisition of distributed generation projects. Focusing on solar and storage, SolRiver owns and operates projects across the U.S. from Oregon to New York. Founded in 2016, SolRiver's team combines top-tier developers, financial professionals, and operational experts with over 10 years' experience each. The group has developed and managed over $400MM of solar totaling 180MW of capacity from 300 projects. About Copenhagen Infrastructure Partners Copenhagen Infrastructure Partners P/S is a fund management company focused on energy infrastructure including offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity and storage, and other energy assets like Power-to-X. CIP manages eight funds and has approximately EUR 16 billion under management. Today, CIP's funds have approximately 100 international institutional investors from the Nordics, Continental Europe, the UK, Israel, Asia, Australia, and North America and multilateral organizations e.g. EIB.

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SOLAR+STORAGE

ForeFront Power Announces Commercial Operation on Solar Energy Project

ForeFront Power | February 10, 2021

ForeFront Power, a main developer of distributed solar and energy stockpiling projects in the U.S., today announced commercial activity of the biggest solar undertaking in Kane County, Ill. With 7,384 boards, the 2.8-megawatt project conveys power to the Mooseheart Child City and School (Mooseheart), a non-benefit private childcare office for kids and adolescents out of luck. The undertaking made in excess of 44 positions during the development and activity stages. The Mooseheart solar task got motivations through the state's Adjustable Block Program (ABP), which was set up by the Future Energy Jobs Act to help the improvement of new photovoltaic distributed age and local area solar ventures in Illinois. While the program has been fruitful in creating new clean power in the express, the subsidizing for the program has been depleted and should be restored for the state to see continuous development in the area. "Industries that create jobs in Illinois should stay in Illinois," said Rep. Keith Wheeler of Illinois' 50th district. "The Mooseheart solar project is a testament to the job creation engine that solar energy has become in our state over the past few years as a result of the Future Energy Jobs Act. The Mooseheart organization is a treasure in the Fox Valley for a long list of reasons, and their leadership of building one of the largest solar projects in our local area is just the latest example of why." "Since we are a non-profit organization funded through the generosity of donors, every dollar counts. We are very pleased to partner with ForeFront Power in this opportunity to demonstrate strong fiscal stewardship, and with the money saved over the next 25 years of the solar project's life, we'll be able to reinvest those dollars into other programs in order to better serve our youth," said executive director of Mooseheart, Gary Urwiler. "We understand that clean air and a healthy environment are linked to a child's potential for success, so it aligns squarely within our mission to offset 114 million pounds of carbon emissions with this energy project, directly contributing to cleaner air and a better overall environment for the young children and teens we serve every day." "Mooseheart Child City & School is an organization with an inspiring mission to care for and educate youth in need," said Chris Wall, director of construction for ForeFront Power. "The ForeFront Power team was honored to build this project to help Mooseheart save money and demonstrate energy leadership." Mooseheart's solar task is a solitary ground-mounted venture sited on a 1,000-section of land grounds found 38 miles west of Chicago. Reformist Energy Group of Aurora, Ill., helped Mooseheart Child City and School source this perfect power bargain and supervised the undertaking from beginning to fulfillment. SolAmerica filled in as ForeFront Power's designing, obtainment, and development (EPC) accomplice on the Mooseheart project. About ForeFront Power ForeFront Power is a leader in the United States for solar and energy storage solutions. The ForeFront Power team holds more than a decade of experience working together across nearly one gigawatt-DC (GW) of renewable electricity, spanning more than 1,300 distributed generation and community solar projects. Serving business, the public sector, and community solar customers in the U.S. and Mexico, ForeFront Power is headquartered in San Francisco, with offices in New York City and Mexico City. ForeFront Power is a wholly owned subsidiary of Mitsui & Co. Ltd., a global energy infrastructure and investment leader with a robust balance sheet and an "A" credit rating from Standard & Poor's.

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PRODUCTS

The Sungrow SG6.0RS Residential Inverter Receives a Contemporary Good Design Award

Sungrow Power Supply Co., Ltd | March 07, 2022

Sungrow, the world's leading provider of renewable energy inverter solutions, announced that the SG6.0RS, a key product in Sungrow's brand-new home photovoltaic and energy storage system portfolio, has won the Contemporary Good Design Award. This internationally renowned award, presented by The Red Dot Organization, recognizes this product, as well as the entire series of residential products, for its superior aesthetics and functionality. The SG6.0RS, as well as the similar residential series SG2.0-10.0 RS, are compatible with higher power panels, support up to three MPPTs, and can reach input currents of up to 16A per MPPT.As a result, the yield has increased even further. The simple design facilitates installation and application. This machine is smaller and lighter than comparable goods due to the ultra-thin panel and compact design. To perform the installation, only one person is required. Designed for ease of use, consumers may view power, yield, and problem information plainly and directly on the LED display without using their phones. As safety is a key priority for Sungrow, the product design team ensured that this product was completely secure and protected. Residential consumers may rely on this inverter for a lifetime of use due to the C5 anti-corrosion rating, IP65 protection, AFCI 2.0, and outstanding heat dissipation design. This new home series has been supplied to Europe, Australia, the Middle East, and other places, giving clean energy to over 30,000 families. Due to the fact that this product series is supplied to the global home market, its R & D team developed changes based on consumer demand worldwide. Previously, buyers of home inverters were inconvenienced by awkward installation and complex applications. Additionally, when multiple residential inverters are used, they generate a lot of noise and a lot of heat. Sungrow's research and development team updated its residential series to address these issues. "In many countries, residential users are the major consumers of electricity. As a result, we make it a mission to provide them with the most efficient, safe, and convenient experience of using clean energy. We achieve this by consistently working to improve their products with their customers and offering them the best possible solutions." -The National Center for Industrial Design in Sungrow The global home solar energy market has risen significantly during the last year, reaching a capacity of around 40 GWac. Countries such as the United States, Australia, and Germany intend to boost their reliance on renewable energy by deploying household solar PV and energy storage systems. Sungrow offers a variety of home options, including the photovoltaic inverter SG2.0-10.0RS, the hybrid inverter SH3.0-6.0RS, and a variety of battery kinds. To further simplify the user experience for residential clients, Sungrow now equips PV and storage systems with sophisticated monitoring solutions such as Winet-S and iSolarCloud. All of these products have been shown to be efficient and dependable for residential consumers globally.

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