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KeyState Renewables and Monarch Private Capital have closed nearly $100 million in tax equity financing with North Carolina-based Pine Gate Renewables on the Glover Creek solar project near Bowling Green, Ky.

Glover Creek was the second solar project to receive a permit from the state’s Electric Generation and Transmission Siting Board and is the first solar project to be constructed in Metcalfe County.

Upon completion, the project will generate 76.65 MW DC. Pine Gate Renewables, via its project entity, Glover Creek Solar LLC, has entered into a 20-year power purchase agreement with Constellation NewEnergy Inc., a wholly owned subsidiary of publicly traded Constellation Energy Generation.

KeyState Renewables launched its tax equity platform, SOLCAP, with Corner Power in 2019. Since then, SOLCAP has raised and deployed over $265 million in solar tax equity for investors.

This is SOLCAP’s second tax equity investment with Pine Gate Renewables. In February 2020, SOLCAP closed financing on a portfolio of six solar projects in Oregon and South Carolina with Pine Gate Renewables.

The post Glover Creek Solar Nets $100 Million in Tax Equity Financing appeared first on Solar Industry.

Glover Creek Solar Nets $100 Million in Tax Equity Financing

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Renewable Energy

Homeschooling

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Decent and intelligent people respect the rights of parents to homeschool their children, but there are two reasons for concern: a) socialization, failure to expose children to their peers, so that they may make friends and come to understand the norms of society, and b) the quality of the education itself.

Almost all homeschooling in the United States is conducted on the basis of a radical rightwing viewpoint, normally a blend of evangelical Christianity and Trumpism.

Homeschooling

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Renewable Energy

The Positive Effects We’ve Had on Others Are Profound, Whether We Know It or Not

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There’s a theory that most people underestimate the positive effects they’ve had on other people.

Yes, that’s the theme of “It’s a Wonderful Life,” but it’s also the core of the 1995 film “Mr. Holland’s Opus,” in which a music teacher who deemed that his life had been a failure because he never completed writing a great symphony, is gently and beautifully corrected. Please see below.

The Positive Effects We’ve Had on Others Are Profound, Whether We Know It or Not

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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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