Published

2 years ago

June 28, 2024

Alice Rush

Recurrent Energy, a subsidiary of Canadian Solar Inc., has signed a $103 million tax credit facilitation agreement with Bank of America for its North Fork Solar Project – a 160 MW development located southwest of Oklahoma City.

Oklahoma Municipal Power Authority (OMPA), which serves 42 municipally owned electric systems in Oklahoma, will purchase 100% of the energy produced by North Fork Solar under a 15-year agreement.

Recurrent Energy will continue to own and operate the project long-term.

This tax equity agreement marks Recurrent Energy’s first production tax credit (PTC) transaction and first tax credit transfer transaction.

At its peak, North Folk Solar employed approximately 500 construction workers. Blattner provided engineering, procurement, and construction services, enlisting several local companies as subcontractors.

Recurrent Energy began developing North Fork Solar in 2018. NordLB and Rabobank provided project financing. CRC-IB and Latham & Watkins advised Recurrent Energy on the tax credit transfer transaction.

The post 160 MW North Fork Solar Now Operational in Oklahoma appeared first on Solar Industry.

160 MW North Fork Solar Now Operational in Oklahoma

Renewable Energy

Renewable Energy Concepts Can’t Violate the Laws of Physics

Published

13 hours ago

February 28, 2026

Alice Rush

In the early days of 2GreenEnergy, my people and I were vigorously engaged in finding solid ideas in cleantech that needed funding in order to move forward.

I vividly remember a conversation with a guy in Maryland who was trying to explain the (ostensible) breakthrough that he and his team had made in hydrokinetics. When I was having trouble visualizing what we was talking about, he asked me to “think of it as a river in a box.”

“Oh!” I exclaimed. “You mean you take a box full of standing water, add energy to it get it moving, then extract that energy, leaving you with more energy that you added to it.”

“Exactly.”

I politely explained that the laws of physics, specifically the first and second laws of thermodynamics, make this impossible.

He wasn’t through, however, and insisted that, in his office, his people had constructed a “working model.”

Here’s where my tone descended into something less than 100% polite. I told him that he may think he has a working model, but he’s wrong; if he believes this, he’s ignorant; if he doesn’t, but is conducting this conversation anyway, he’s a fraud.

“But don’t you want to come see it?” he implored.

“No. Not only would not fly across the country to see whatever it is you claim to have built, I wouldn’t walk across the street to a “working model” of something that is theoretically impossible.”

—

I tell this story because the claim made at the upper left is essentially identical. You’re pumping water up out of a stream, and then claiming to extract more energy when the water flows back into the stream.

Of course, social media today is rife with complete crap like this. We’ve devolved to a point where defrauding money out of idiots is rapidly replacing baseball as our national pastime.