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Ashtrom Renewable Energy has commenced commercial operations at the 306 MW Tierra Bonita solar project, located in Pecos County, Texas. 

The project was established at a total cost of $435 million, of which the company invested $165 million in equity.

“We are thrilled to announce the early commencement of commercial operations for the Tierra Bonita solar project, a key milestone for Ashtrom Renewable Energy,” says Yitsik Mermelstein, CEO of Ashtrom Renewable Energy. 

“This achievement not only underscores our ability to deliver utility-scale renewable energy projects, but also reflects our commitment to sustainable growth within just three years of establishing the company. Through innovative agreements like the sale and transfer of production tax credits under the Inflation Reduction Act, we are further maximizing the project’s financial and environmental impact.”

The company has secured the sale of 60% of the generated electricity, or 180 MW, through a 20-year PPA with CPS Energy. The remaining electricity will be sold on the free market.

Ashtrom Renewable Energy is a subsidiary of Ashtrom Group.

The post Ashtrom Renewable Energy Commences Operation of Tierra Bonita Solar Project appeared first on Solar Industry.

Ashtrom Renewable Energy Commences Operation of Tierra Bonita Solar Project

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Renewable Energy

Real Estate: Supply and Demand

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About 40 years ago, I used to lie in bed on Sunday mornings with my coffee and Los Angeles Times opened to the real estate section: “Homes in Other States.” I recall voicing some level of buyer’s remorse, having just paid more for a who-cares house in Southern California, where I could have bought half a county in Oklahoma or Mississippi.

My girlfriend at the time, now my wife, would ask me, “But do you think you’d be happy living in West Virginia, with some of the most poorly-educated people in the country?  Do you think that would forward your career and your overall life satisfaction?”  She had a point, to be sure.

Today’s MAGA conspiracy theorists will tell you that people are leaving California in droves, because of things like environmental regulations.  Yet that doesn’t explain why the Golden State, if it were a country, would have the fourth largest economy on the planet, and a house here identical to one in Alabama whose value there may be $200K would fetch about $1.2 million here.

People don’t come here for the wide-open freeways.  We’re here for the beauty, the sophistication of so many people, highly educated people, and unparalleled business opportunities.

There’s a reason that Google, Oracle, Apple, Nvidia, Adobe, Salesforce, Facebook, Visa, Wells Fargo, Disney, etc. aren’t located in Arkansas or Louisiana.

Real Estate: Supply and Demand

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Renewable Energy

When You’re Addressing Idiots You Can Get Away with a Lot

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At left we have John Fetterman talking to people so stupid they’ll believe that it would have been wrong for the British colonists to oppose King George III in the late 18th Century, or for the people of Germany and Italy in the 1930s to stand up against Hitler and Mussolini.  What about the people in today’s dictatorships, i.e., the people in Russia, China, North Korea, or any of the other 50+  authoritarian regimes around the world?

Morons tend to agree with the loudest, most aggressive voice of nationalism, regardless of how little sense it makes.

It’s a great moment of opportunity for Fetterman.

When You’re Addressing Idiots You Can Get Away with a Lot

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Renewable Energy

Carl Sagan and the Suppression of Uncomfortable Ideas

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Seminal astrophysicist Carl Sagan explains why uncomfortable ideas may be banned in religion, they must not be shunned in science.

This is an important concept in American life today, as conspiracy theorists are convinced that climate change denial cannot be considered in scientific circles.

I happened to bring this up in my interview with Dr. V. Ramanathan of the Scripps Institution, who has been amassing data on global warming since the 1970s.  He laughed, and explained, “If I could prove that human activity was not causing temperatures to rise, I’d be be one of the wealthiest and most famous scientists in world history.”

Carl Sagan and the Suppression of Uncomfortable Ideas

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