The U.S.-Africa Clean Energy Finance (ACEF) initiative has reached a key milestone in deploying millions of dollars for renewable energy in Africa. In December, the U.S. Trade and Development Agency (USTDA), which links U.S. businesses to global infrastructure opportunities, and the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, reached commitment of 100% of the initial project funds administered under ACEF.
Gevo, Inc., the world's only commercial producer of renewable isobutanol, announced it has launched sales of renewable isobutanol to Brenntag Canada Inc. (Brenntag Canada), a member of the Brenntag group companies for distribution into the solvents, oil & gas, mining and specialty chemicals markets.
SolarCity® is launching its solar service broadly to El Paso homeowners for the first time. The service, previously only available to military families and local SolarCity homebuilder partners in the area, makes it possible for many El Paso-area homeowners to install solar panels with no upfront cost and pay a lower rate for solar electricity than they pay for utility power.
Protection 1, the largest full-service business and home security company in the U.S., today announced its sister company, Brite Energy, has created a new residential solar program with MySolar IX, LLC, which is co-owned by MS Solar Investments LLC, an indirect, wholly-owned subsidiary of Morgan Stanley, and Main Street Power Company, Inc., a North American solar developer and owner/operator.
Renewable Energy Systems Americas Inc. (RES Americas), a leader in the development, engineering, and construction of wind, solar, transmission, and energy storage projects in North America, is pleased to announce that its subsidiary RES America Developments Inc. has entered into a 20-year power purchase agreement (PPA) with Wolverine Power Supply Cooperative, Inc. (Wolverine) for 114 megawatts (MW) of wind energy and associated renewable energy credits in the Thumb of Michigan.
Nautilus Solar Energy, LLC ("Nautilus"), a leader in solar power development throughout the United States and Canada, has announced that it has closed a $39 million non-recourse construction and term facility from Rabobank, a leading financier of renewable energy projects in North America. The credit facility will support the construction of a solar photovoltaic (PV) portfolio of distributed generation projects located in the province of Ontario.
Coronal Group LLC (Coronal) announced that it has acquired a 35-megawatt solar farm located near Tucson, Ariz. The 225-acre Avalon Solar Project generates enough emission-free solar energy to power 5,620 homes through Tucson Electric Power.
The South Africa Department of Energy (DOE) awarded preferred bidder status for a 100 megawatt (MW) Concentrating Solar Power (CSP) project to a consortium led by SolarReserve, a leading global developer of utility-scale solar power projects and advanced solar thermal technology, and International Company for Water and Power Projects (ACWA Power), the Saudi water and power developer, owner and operator.
China Ming Yang Wind Power ("Ming Yang" or the "Company"), today announced that its 6.0MWSuper Compact Drive ("SCD") wind turbine generator has won the silver award of the Best Offshore Wind Turbines in the Windpower Monthly Turbines of the Year Awards 2014 ("Windpower Monthly Awards").
Growing Cost-Competitiveness Drives Market Opportunities: Renewable energy has made strong advances in the power generation fuel mix in many developed and developing nations in the past decade. Energy-hungry nations are increasingly turning to renewables in order to meet their rapidly increasing demand.
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