ENERGY

Bay Area, Central Coast CCAs Launch $65m in EV-Charging Infrastructure Deployment Programs to Support California's Transportation Shift

Prnewswire | October 27, 2020

Four Community Choice Aggregators (CCAs) from the Bay Area and Central Coast of California are funding – in total, with state financial contributions – $65 million in infrastructure to support the rising number of electric vehicles (EV) in the state. This funding will support thousands of new EV chargers, a significant and essential step toward meeting California emissions reductions goals and Gov. Gavin Newsom's target of no new combustion engine passenger and light duty vehicle sales by 2035. San José Clean Energy, Silicon Valley Clean Energy, Peninsula Clean Energy, and Central Coast Community Energy are leading the way toward achieving the goal for electric vehicle charging infrastructure that is available readily for users of all incomes throughout their communities.

Spotlight

We are in the midst of remarkable change in how we generate energy. Natural gas and renewable energy sources are both gaining market share while traditional sources are declining. And energy efficiency gains have reduced energy demand dramatically. Natural gas, energy efficiency and renewables are leading the way.

Spotlight

We are in the midst of remarkable change in how we generate energy. Natural gas and renewable energy sources are both gaining market share while traditional sources are declining. And energy efficiency gains have reduced energy demand dramatically. Natural gas, energy efficiency and renewables are leading the way.

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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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ENERGY

Nucor Signs Second Renewable Energy Virtual Power Purchase Agreement in Texas

Nucor Corporation | March 25, 2021

Nucor Corporation today announced the signing of a 10-year Virtual Power Purchase Agreement (VPPA) with Ørsted Onshore North America, LLC for 100 megawatts from Ørsted's Western Trail wind farm (WTW) in North Texas. This is Nucor's second VPPA agreement. Nucor signed a VPPA with EDFR Renewables North America last year to be the sole off-taker for EDFR's 250-megawatt Brazos Fork solar power plant, also in Texas. Nucor's VPPA with Ørsted's WTW initiative complements the company's Brazos Fork involvement. These two projects have the potential to provide clean energy to the regional electric grid 24 hours a day, seven days a week. "As an Electric Arc Furnace (EAF) steelmaker and North America's largest recycler, Nucor is already among the cleanest and most sustainable steel producers in the world. This agreement will enable us to further reduce our climate footprint beyond our operations," said Leon Topalian, President & Chief Executive Officer of Nucor Corporation. "Supporting the growth of renewable power generation is not only fundamental to who we are as a company, but it also allows us to continue to lead the way forward for the global steel industry." The WTW project by Ørsted is currently under construction and is set to be in service later this year. The project, which combines Nucor steel and steel products, is intended to continue generating power even though extremely severe weather, such as the recent storms in Texas. "We're excited to partner with Nucor in their efforts to invest in clean, renewable energy," said Vishal Kapadia, Senior Vice President and Chief Commercial Officer for Ørsted Onshore. "The PPA at Western Trail demonstrates our ability to provide customized solutions to support the achievement of corporate sustainability ambitions." About Nucor Nucor and its subsidiaries are steel and steel component producers with operations in the United States, Canada, and Mexico. Carbon and stainless steel in bars, beams, board, and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; steel grating; and wire and wire mesh are among the products manufactured. Nucor also brokers ferrous and nonferrous metals, pig iron, and hot briquetted iron / direct reduced iron, supplies ferro-alloys, and processes ferrous and nonferrous scrap through The David J. Joseph Company. Nucor is the major recycler in North America.

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GRID ENVIRONMENT

Keystone XL commits to become first pipeline to be fully powered by renewable energy

TC Energy | January 18, 2021

Media Advisory - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the company) today announced a new sustainable energy initiative for the Keystone XL Project. The company will achieve net zero emissions across the project operations when it is placed into service in 2023 and has committed the operations will be fully powered by renewable energy sources no later than 2030. This announcement comes after an extensive period of study and analysis, and as part of the company’s ongoing commitment to sustainability, thoughtfully finding innovative ways to reduce greenhouse gas (GHG) emissions, while providing communities with reliable energy needed today. “Since it was initially proposed more than 10 years ago, the Keystone XL project has evolved with the needs of North America, our communities and the environment,” said Richard Prior, President of Keystone XL. “We are confident that Keystone XL is not only the safest and most reliable method to transport oil to markets, but the initiatives announced today also ensures it will have the lowest environmental impact of an oil pipeline in terms of greenhouse gas emissions. Canada and the United States are among the most environmentally responsible countries in the world with some of the strictest standards for fossil fuel production.” Following the successful implementation of this initiative, TC Energy expects to be among the top 10 corporate renewable sponsors in North America. Additionally, this is expected to eliminate more than three million tonnes of CO2 equivalent emitted every year in GHG emissions – the equivalent of approximately 650,000 cars taken off the road. As part of this announcement, TC Energy is expected to spur an investment of over US$1.7 billion in communities along the Keystone XL footprint creating approximately 1.6 gigawatts of renewable electric capacity, and thousands of construction jobs in rural and Indigenous communities. As part of its continued commitment to working with union labor in the U.S. and Canada, Keystone XL has also signed a Memorandum of Understanding (MOU) with North America’s Building Trades Unions (NABTU) to work together on the construction of TC Energy owned or sourced renewable energy projects. “With our continued commitment to safety, creating family-sustaining, middle class jobs, NABTU is pleased to announce our agreement with TC Energy to ensure building trades labor constructs renewable energy projects along the entire Keystone XL route,” said NABTU President Sean McGarvey. “This will help to meet KXL’s commitment to achieving net zero emissions by 2023, create the power capacity required to operate the pipeline from renewable energy sources and create thousands of jobs between now and 2030 – jobs for the highly skilled women and men of the building trades.” By implementing this initiative, Keystone XL will eliminate the impact of GHG emissions from the project’s operations. Additionally, Keystone XL will allow responsibly produced Canadian oil to be safely transported into the United States from many producers who have set their own net zero emissions goals. Canadian Oil Sands producers have cut emissions intensity by 21 percent in recent years and they are expected to fall another 27 percent by 2030.

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