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.
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.
CleanSpark | December 16, 2020
CleanSpark, Inc. (Nasdaq: CLSK)("CleanSpark" or the "Organization"), a high level programming and controls innovation arrangements organization, zeroed in on tackling present day energy challenges, today declared it has banded together with Symmetric Energy (Symmetric) to target new microgrid ventures in Northern California. The target will be to give dependable back-up energy or off-framework power utilizing a blend of sun based PV and energy stockpiling for both business and home level private microgrids.
Symmetric is planning sun based and capacity arrangements that give "Genuine feelings of serenity" battery back-up administrations for private clients and energy security at a modern scale for business usage. Symmetric is situated in San Rafael, CA and serves the entirety of the Bay Area provinces including Marin, Sonoma, Napa, San Mateo, Santa Clara, just as the encompassing regions which have a past filled with fire and climate prompted power blackouts and request requirements.
Fully expecting the association, CleanSpark and Symmetric have just started venture improvement for off-framework private undertakings to be overseen by CleanSpark's protected mPulse wise controls for sunlight based and capacity. Moreover, the arrangement gives that mVSO, CleanSpark's plan and demonstrating programming, is to be utilized to examine impending ventures and RFPs for Symmetric.
Amer Tadayon, CleanSpark's Chief Revenue Officer remarked, "We are eager to report another organization with a grounded sun based and capacity engineer in California. We accept that banding together with CleanSpark for plan and controls programming alongside the co-advertising abilities of our group will permit Symmetric to quickly produce a lot more microgrid ventures. With Symmetric, CleanSpark will have the option to give mPulse to a significant number of undertakings through a trusted, existing relationship."
Elliott Jessup, Director of Business Development for Symmetric Energy expressed, "We had distinguished the need to bringing to the table astute programming and controls to give energy security, flexibility and cost-evasion to our drawn out customers. We investigated various choices and discovered that CleanSpark's control arrangement will best give our customers reserve funds, secure reinforcement power, and even give off-framework abilities when the need emerges. CleanSpark will give us the assets, connections and advancements to guarantee that the energy arrangements are appropriately streamlined to address the issues of our insightful private and business clients."
Canadian Solar | November 23, 2020
Canadian Solar Inc. one of the world's biggest sunlight based force organizations, reported that it as of late consented to a force buy arrangement ("PPA") with BTG Pactual ("BTG", B3: BPAC11) and that it was granted with two ventures in a private sale by Furnas Centrais Eletricas ("Furnas") for a sum of 862 MWp in sun oriented force ventures in Brazil.
For the 12-year PPA with BTG, Canadian Solar will flexibly sun based energy from a 170 MWp bunch of ventures situated in the State of Minas Gerais. The ventures will begin development in 2021 and are relied upon to accomplish business activity before the finish of 2022. BTG is one of the principle speculation banks in Latin America and runs one of the biggest energy exchanging organizations Brazil.
Furnas will buy sun powered energy from two Canadian Solar ventures through a 15-year PPA. Canadian Solar will create and manufacture both Furnas ventures totalling 692 MWp. One of them, will be situated in the State of Ceará and will have a limit of 260 MWp. The subsequent undertaking is situated in the State of Piuaí and will have a limit of 432 MWp. The two tasks will begin development in 2022 and are required to arrive at business activity before the finish of 2023.
Furnas is a majority-controlled subsidiary of Centrais Elétricas Brasileiras S.A. – Eletrobras ("Eletrobras",NYSE: EBR). Furnas' business is mainly in energy generation, transmission and sales. It operates in 16 Brazilian states and is the owner of 21 hydro plants, 2 thermal plants, 1 wind farm and 30,000 kilometers of transmission lines.
Dr. Shawn Qu, Chairman and CEO of Canadian Solar, commented, "We are pleased to partner with BTG and Furnas to deliver clean solar energy to Brazilian consumers. I am also proud of our team's great work in expanding our leadership position in the solar project development market in Brazil. After the 274 MWp in corporate PPAs that we signed earlier in June, the volume of projects secured in this PPA and auction is the largest in Canadian Solar's history, and it increases our backlog of solar projects in Brazil with PPAs (or equivalent) to almost 2.2 GWp."
"We are also making good progress on our project monetization strategy in Brazil, where we are in the process of forming a Brazilian Participation Fund for Infrastructure projects, or FIP-IE, which is on track to launch in 2021. This will help accelerate our growth in the Brazilian market as we optimize our capital allocation. More updates to come."