Aggreko’s Energy Transition Solutions (Aggreko ETS) has acquired a portfolio of nine New York community solar projects.
The installations are set to total approximately 59 MW of generating capacity when construction is complete, says the company. Along with the acquisition’s closing, Aggreko ETS has connected the first of the nine projects to the grid, a 5.9 MW project in the town of Vernon.
Aggreko ETS is now overseeing the construction of the community solar projects to ensure they reach commercialization and grid connectivity within the next year. The opportunity to acquire the projects on a bilateral basis was made possible through Aggreko ETS’s existing relationships with the seller, engineering, procurement and construction provider, as well as its financing parties.
“We’re thrilled to complete this important transaction, which reinforces Aggreko’s capabilities as an experienced renewable energy developer, owner, and operator that can deftly structure and execute complicated asset acquisitions to scale its business,” says Prashanth Prakash, Aggreko ETS’s CCO.
“The acquisition of these projects strategically supports the growth of Aggreko ETS’ community solar segment, which includes a complementary portfolio of assets under development in New York and several other states,” adds Jerry Polacek, Aggreko ETS president.
The post Aggreko Acquires Nine New York Community Solar Projects appeared first on Solar Industry.
Renewable Energy
Renewable Energy Concepts Can’t Violate the Laws of Physics
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
What Canada Has that the U.S. Doesn’t
Until recently, I would have moose, maple syrup, and frozen tundra.
Now I would say: decency, honesty, and class.
Renewable Energy
Not Sure About Zero Illegals, But . . .
I’m ready to live in a country with zero hateful morons, if that counts.
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