Birch Creek Energy has completed financing and commenced operation of Altona Solar, a 42 MW utility-scale solar project based in Audrain County, Mo.
This facility, after the 49 MW Earp Solar project in Illinois, is the company’s second project to come online this year as part of its IPP strategy.
“We cannot thank our financing partners enough for their invaluable support as we complete our first project in our home state of Missouri,” says Max Whitacre, EVP of Project Finance for Birch Creek.
“It is such a pleasure working with the Celtic and West Town teams, and we look forward to continued financing with both relationships as we continue to build out our IPP.”
Tax equity was provided by Celtic Bank, who also participated in the Earp project. Permanent debt was provided by West Town Bank & Trust.
The project is sited on 208 acres and connects to Ameren Missouri.
The post Birch Creek Completes Altona Solar Financing 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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