SOLAR+STORAGE

Solriver Capital bought 45 MW Solar Portfolio from Birdseye Renewable Energy

SolRiver Capital | March 31, 2021

SolRiver Capital LLC, a national solar investment fund, has announced the purchase of a 45-megawatt solar portfolio situated in the Carolinas from Birdseye Renewable Energy, a leading developer of solar energy projects in the U.S.

SolRiver and Birdseye also made their second purchase. The first plant, based in North Carolina, was completed successfully last year. "This extension of the current alliance between SolRiver and Birdseye is truly a result of the quality of the collaboration our teams have created," said Brandon Conard, Managing Partner of SolRiver Capital.

Birdseye Renewable Energy designed the solar plants, and the company has a long track record of completing utility-scale solar projects in the Southeast. "Each project we create is a partnership with local communities that focuses on innovation, such as bio-diversity initiatives or innovative buffering to reduce local impact. We take pride in fulfilling our promises to our communities on time "Birdseye CEO Brian Bednar elaborated. "Our collaboration with SolRiver enables us to do exactly that."

The portfolio of solar projects will be funded, installed, owned, and managed by SolRiver Capital, a solar independent power producer. This will be SolRiver's fifth purchase in the Carolinas. "SolRiver is pleased to invest in providing sustainable renewable energy to cities in North and South Carolina. We could not have made those investments without Birdseye's solar production experience and strong local ties. We look forward to improving our alliance with Birdseye and working on even more high-quality solar systems in the coming years "Nicholas Gazzolo, Partner at SolRiver, elaborated.

About SolRiver Capital

SolRiver Capital is a solar investment fund that finances the growth, installation, and acquisition of DG, C&I, and utility-scale solar projects. SolRiver owns and runs ventures in the United States, from Oregon to New York. SolRiver was founded in 2016 by a team of top-tier entrepreneurs, financial experts, and operational specialists, many of whom have over ten years of experience. The company has built and operated over $400 million in solar plants totaling 180MW of power across 300 projects.

About Birdseye

Birdseye Renewable Energy is a renewable energy developer based in the southeastern United States that offers shovel-ready projects. The company, based in Charlotte, North Carolina, specializes in the greenfield construction of utility-scale solar facilities by finding optimal locations, assessing markets, and establishing trust with local communities. Birdseye has delivered quality outcomes to all stakeholders with over 540 MW of active innovations.

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SUSTAINABILITY

Brightcore Energy Appoints Lauren Hildebrand as Vice President, Client Sustainability

Brightcore Energy | January 27, 2022

Brightcore Energy, a leading provider of end-to-end clean energy solutions to the commercial and institutional market, announced the appointment of Lauren Hildebrand to the newly created role of Vice President, Client Sustainability. Brightcore Energy is extremely excited to have Lauren Hildebrand join our team. She will bring critical knowledge to our strategic clients to enable them to meet building electrification and decarbonization goals.” Mike Richter, President of Brightcore Energy In her role as Sustainability Director at Steven Winter Associates, Inc., Lauren focused on sustainable and high performance residential and commercial building design, construction, renovation, and operation. Her expertise includes sustainable design, indoor air quality & energy performance testing, and project certification for both commercial and residential programs. With more than 16 years of experience, Lauren has also had true engagement in contractor training, building materials selection, energy code compliance, and incentive programs. “I am thrilled to join the Brightcore family at such a transformative time in our push towards building electrification and decarbonization,” Lauren said. “I look forward to helping our clients find the most practical, economic and efficient turnkey solutions in order to succeed in meeting their sustainability goals.” She has worked with green building certification programs since 2008, overseeing certification and consulting services for over 15,000 homes and multifamily units. Lauren is an accredited LEED AP BD+C, LEED for Homes Green Rater and WELL Performance Testing Agent, and has overseen project certification for residential programs, such as LEED, ENERGY STAR, NYSERDA, NJ Clean Energy, and Enterprise Green Communities. Awards presented to her clients include the 2013, 2018, 2019 and 2020 USGBC LEED Project of the Year Awards, 2018 Outstanding Multi-Family Developer, 2017 LEED Power Builder, and more. She also presents at events and conferences around the Northeast, such as the NYS Green Building Conference, NESEA’s BuildingEnergy Conferences, North American Passive House Conference, and more. About Brightcore Energy Brightcore Energy accelerates the deployment of proven energy-efficiency and renewable energy technologies through its innovative Clean-Energy-as-a-Service model that requires no capital investment and provides for immediate operating cost savings, making it affordable and seamless for businesses and institutional buildings to quickly and easily transition their legacy energy platforms to significantly more efficient ones. Brightcore’s end-to-end clean energy solutions include LED lighting conversions, commercial and community solar, high-efficiency renewable heating and cooling (geothermal), electric vehicle (EV) charging and battery storage. Customers include Madison Square Garden, Citi Field, Montefiore Health System, Brookfield Properties, SL Green, LAZ Parking and numerous public and private educational institutions.

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SOLAR+STORAGE

MCS Industries Announces Commissioning of Solar Power Generating System

MCS Industries, Inc. | April 27, 2021

MCS Industries, Inc., the U.S. market leader for picture frames, poster frames, mirrors, wall décor, and architectural and decorative moldings for home construction and home improvement markets, is proud to announce the commissioning of an 894 kW roof mounted solar power generating system at their new and distribution facility in Easton, PA. The 894 kW solar system is expected to generate approximately 1.1 MWhs of electricity annually, avoiding the emission of 828 metric tons of CO2, equivalent to removing 167 cars from Pennsylvania's roads per year. This project highlights MCS' pledge to manufacture products for retailers that embody a full product lifecycle approach to cleaner, more sustainable products for consumers. By using solar technology to reduce CO2 emissions and increase the adoption of renewable energy, MCS is promoting environmental conservation and an offset to traditional grid-supplied electricity. "At MCS, sustainable corporate citizenry pulses through everything we do. Our incredible team members are really proud to be a part of a great business, but more importantly a great business that does what's right. We currently recycle over 10 million pounds of primarily Styrofoam waste, formerly destined for landfills, using advanced technology to clean and reconstitute into products that save consumers money while making their homes beautiful. MCS's latest multi-million dollar sustainability initiative is the construction of large-scale solar power plant in Easton, PA. This plant will provide most all of our power needs for our nearly 500,000 square feet of operations in the Lehigh Valley. When not using the power ourselves, the excess will be returned to the Northeast power grid. The payback on a project of this magnitude is measures in tens of years financially, but immediate socially and environmentally. MCS could not have made this project happen without the partnership of Dynamic Energy, the Commonwealth of Pennsylvania, and the people and leadership of Palmer Township. Lastly, MCS would like to express our gratitude to Don Cunningham, President of the Lehigh Valley Economic Development Corporation for their vital role in helping make this dream become a reality." – MCS Industries, President, Josh MacNeel Upholding an Environmentally Sustainable Focus: MCS is committed to being a good global citizen. We recognize our responsibility to the world and generations to come. MCS is energized by the challenge of enhancing the lives of our customers through our products while preserving the environment. We have made major investments in renewable energy resources and have won multiple awards within our industry and among our retail partners. In addition to our solar initiative, we are committed to the recycling of EPS Styrofoam in our manufacturing operations; as well as the conversion from incandescent to LED lighting. EPS Styrofoam Recycling MCS recycles over 10,000,000 pounds of EPS Styrofoam per year. Annually, over 500,000 tons of garbage are sent to U.S. landfills daily. Styrofoam makes up approximately 1,300 tons by weight; which is less than one percent going into U.S. landfills. However, 20-30% of U.S. landfills are made up of Styrofoam due to its low density and light weight. Styrofoam takes approximately 500 years to decompose. LED Lighting Initiative MCS's comprehensive corporate investment in the conversion from incandescent to LED lighting saves 300K KWH, which is the equivalent of taking 46 cars of the road every year.

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PRODUCTS

CATL Launches Its First EVOGO Battery Swap Services in Xiamen

EcoFlow | April 19, 2022

On April 18, CATL officially launched its EVOGO battery swap services in Xiamen, southeast China's Fujian Province, making it the world's first EVOGO city. The first four fast battery swap stations that have started operation are located in Siming District, Huli District and Haicang District of Xiamen. The number of fast battery swap stations in Xiamen is expected to increase to 30 by the end of this year, when drivers at any place on Xiamen Island can find one such station within a radius of 3 kilometers. The EVOGO battery swap solution will enable EV consumers to bid farewell to the inconvenience of refueling, and allows consumers with no charging parking spaces to enjoy the fun of EV driving as well. At present, the special offer for renting one Choco-SEB block is RMB 399 per month, which will be dynamically adjusted according to different level of power consumption by users. For each battery swap service at the swap station, the charge is almost the same as that of the fast charging service, and it is subject to dynamic adjustment according to different station locations and time slots. CATL's EVOGO battery swap solution will provide more EV users with access to a convenient refueling experience. Contemporary Amperex Energy Service Technology Ltd. (CAES), a wholly-owned subsidiary of CATL, has achieved comprehensive win-win cooperation with multiple partners by implementing its city partner plan. All parties involved have joined forces to cooperate in technology, resources and services to facilitate the construction of battery swap network and promote EVOGO vehicle models in Xiamen. In the future, CATL will join hands with more partners to release more EVOGO vehicle models and deliver EVOGO services in more cities. Let's go with EVOGO.

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SOLAR+STORAGE

Leading Roofing Company American Home Contractors Brings Timberline Solar from GAF Energy to the Mid-Atlantic region.

GAF Energ | March 01, 2022

American Home Contractors is pleased to announce that they are one of the first roofing companies in the Mid-Atlantic region to offer the new, award-winning Timberline Solar roof. GAF Energy, a Standard Industries company and a leading provider of solar roofing in North America, recently launched Timberline Solar to deliver the first true solar roof to market. Timberline Solar incorporates roofing materials into a clean energy-generating system, resulting in a durable, attractive roof that produces energy. The solar roof is now available to residents in the Maryland, Washington, D.C., Delaware, Virginia, West Virginia, Pennsylvania, and New Jersey areas. "We know that homeowners want a solar roof and we believe Timberline Solar is the best on the market," said Joshua Dunevant, Vice President at American Home Contractors. "Installing a solar roof creates local, good-paying jobs, puts money directly into our economy, helps homeowners save money on energy use and is a net benefit for entire communities." This is about investing in American manufacturing and clean energy jobs. That's why GAF Energy is partnering with American Home Contractors to introduce solar roofing to U.S. communities from New Jersey to West Virginia. These are good-paying, local jobs that fuel our potential for energy independence and the transition to a clean energy future." Jason Barrett, Senior Vice President at GAF Energy This new system incorporates the world's first nailable solar shingle, the Timberline Solar Energy Shingle (ES), which has received three awards from CES 2022 — including its highest honor, the Best of Innovation Award, in the "Smart Cities" category. The product is assembled domestically at GAF Energy's U.S. manufacturing and research facility in California. About American Home Contractors We are a company that values relationships. With over 100 years of combined industry experience and 35+ years in business, American Home Contractors prides themselves on making and maintaining connections with our customers and manufacturers. This means that we are able to bring the best solutions for your project, as well as the best materials, the best warranties, and the best prices. About GAF Energy GAF Energy is transforming the rooftop solar industry to generate "Energy from every roof". As a Standard Industries company, GAF Energy works in partnership with North America's largest roofing and waterproofing manufacturer, GAF, offering homeowners elegant, roof-integrated solar options. The company also facilitates commercial tax equity financing for large-scale rooftop solar projects.

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Spotlight

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