prnewswire | June 05, 2023
Emeren Group Ltd, a leading global solar project developer, owner, and operator, today announced that it completed the sale of 58 MW solar projects in Poland to Spectris Energy, a wholly-owned subsidiary of GoldenPeaks Capital, an energy producer focused on turnkey construction and operation of renewable solar energy. The projects are a portfolio of solar farms located in Voivodship Pomorskie, Poland. It was sold at the "Ready to Build" stage, and Spectris Energy will complete the construction and retain long-term ownership.
Yumin Liu, CEO of Emeren Group, commented, "We are delighted to announce this deal with Spectris Energy in Poland, which continues our successful track record in Europe. This achievement reinforces our commitment to expanding our renewable energy portfolio and advancing a sustainable future. With our expertise in solar project development, we have strengthened our position as a leading player in Poland."
Tomasz Stopyra, Chief Development & Acquisition Officer of Spectris Energy commented, "We are excited to have collaborated with Emeren Group on this transaction. The transaction aligns with our long-term strategy of developing and operating renewable energy projects throughout Europe. Through strategic investments and partnerships, we are determined to drive the adoption of sustainable energy solutions and create a cleaner, more sustainable future for generations to come."
About Emeren Group Ltd
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The Company focuses on solar power project development, construction management and project financing services with local professional teams across multiple countries. For more information, go to www.emeren.com.
About GoldenPeaks Capital
GoldenPeaks Capital is a clean energy producer focused on turnkey construction and operation of renewable solar energy. It has over 15 years of experience in structuring energy projects around the world, with a total capacity of over 6,000 MW completed and implemented through its 100% subsidiaries, such as Spectris Energy in Poland.
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 restrictions on “primary woody biomass,” which will be counted as 100 percent renewable and zero-rated in the EU Emissions Trading System (EU ETS), provided sustainability criteria are fulfilled. As the world’s leading producer of sustainably sourced woody biomass, Enviva is confident that it will be able to meet all updated sustainability criteria, thereby enabling its customers to continue to make an important contribution to achieving global climate goals.
Today’s agreement is also expected to include: assurances that electricity-only plants already receiving subsidies will continue to do so, meaning Enviva’s existing off-take contracts are not expected to be impacted; continuing availability of financial support to electricity-only installations where Bioenergy Energy Carbon Capture and Storage (BECCS) is used (this is a pivotal technology for reaching Net Zero and a key focus for many of Europe’s power generators); and the availability of financial support for all other end uses of woody biomass, which should provide further tailwinds to Enviva’s continued growth in combined heat and power, hard-to-abate sectors, and biofuels.
“Today’s REDIII agreement is the last major step towards the end of an 18-month process that is now drawing to a favorable conclusion for the environment,” said Thomas Meth, President and CEO of Enviva. “While there will be some conjecture over the coming weeks, based on information that we have received thus far, I am fully confident that the final text will enable our business to continue to support the EU's journey to Net Zero and will strengthen the platform for Enviva’s growth, especially in light of current high carbon prices. Reputable scientific organizations, including The Intergovernmental Panel on Climate Change (IPCC), show that bioenergy is integral to achieving global climate goals, and I am delighted to hear that this was acknowledged and reflected in the REDIII agreement,” concluded Meth.
Enviva anticipates that the agreed final text of the Directive will not be available for a number of weeks and looks forward to sharing further information with its stakeholders in due course. The next step is for this agreement to be formally endorsed by the Council and Parliament before entering into law.
Enviva Inc. is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten plants with a combined production capacity of approximately 6.2 million metric tons per year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi, and is constructing its 11th plant in Epes, Alabama. Additionally, Enviva is planning to commence construction of its 12th plant near Bond, Mississippi. Enviva sells most of its wood pellets through long-term, take-or-pay off-take contracts with primarily creditworthy customers in the United Kingdom, the European Union, and Japan, helping to accelerate the energy transition and to defossilize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation. Enviva exports its wood pellets to global markets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida.
businesswire | March 30, 2023
iSun, Inc. a leading solar energy and clean mobility infrastructure company with 50-years of experience accelerating the adoption of innovative electrical technologies, today announced that it had secured five contract.
6.5 MW in contracts expands iSun’s already active and completed projects in the Vermont market
$5.1 million in new contracts highlights iSun’s momentum in building upon existing customer relationships in 2023
Projects scheduled to begin in spring 2023 and are expected to be completed in 2023 and 2024
“We are excited to start 2023 by securing more new contracts that build upon the accelerated pace of contract wins we generated in the second half of 2022. These new projects with existing customers in Vermont demonstrate the momentum within our industrial division, and we’re pleased that execution on these projects will begin this spring,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun. “In 2023, we are focused on execution and efficiency, and we appreciate the trust and confidence of our customers in our ability to help them achieve their goals in alternative energy initiatives. This award demonstrates yet again our strong commitment to accelerating the transition to solar energy for customers in New England.”
About iSun Inc
Since 1972, iSun has accelerated the adoption of proven, life-improving innovations in electrification technology. iSun has been the trusted service provider to Fortune 500 companies for decades and has installed clean rooms, fiber optic cables, flight simulators, and over 600 megawatts of solar systems. The Company currently provides a comprehensive suite of solar services across residential, commercial, industrial & municipal, and utility scale projects and provides solar electric vehicle charging solutions for both grid-tied and battery backed solar EV charging systems. iSun believes that the transition to clean, renewable solar energy is the most important investment to make today and is focused on profitable growth opportunities.