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Enfinity Global has sold a 40% stake in its 400 MW U.S. operating portfolio to Kyushu Electric Power, leaving Enfinity with 60%, as well as serving as the portfolio’s long-term asset manager.

The deal includes 28 operational solar PV power plants located in California, North Carolina and Idaho.

“Our strategy is to partner with investors such as Kyushu Electric that share similar long-term values and goals in the energy markets where we operate,” says Carlos Domenech, CEO of Enfinity Global.

“Enfinity is a natural partner for investors looking for scale in renewable energy, addressing decarbonization targets and obtaining attractive returns while having a reliable operational partner on the ground. We are grateful for the trust Kyushu Electric has placed in Enfinity Global.”

The post Enfinity Global Completes Minority Sale of Operating Portfolio to Kyushu Electric appeared first on Solar Industry.

Enfinity Global Completes Minority Sale of Operating Portfolio to Kyushu Electric

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Renewable Energy

Renewable Energy Concepts Can’t Violate the Laws of Physics

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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.

Renewable Energy Concepts Can’t Violate the Laws of Physics

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Renewable Energy

What Canada Has that the U.S. Doesn’t

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Until recently, I would have moose, maple syrup, and frozen tundra.

Now I would say: decency, honesty, and class.

What Canada Has that the U.S. Doesn’t

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Renewable Energy

Not Sure About Zero Illegals, But . . .

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I’m ready to live in a country with zero hateful morons, if that counts.

Not Sure About Zero Illegals, But . . .

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