Connect with us

Published

on

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

Continue Reading

Renewable Energy

Vestas Turbine Tops 199-Meter Tower, OECD Flags China Subsidies

Published

on

Weather Guard Lightning Tech

Vestas Turbine Tops 199-Meter Tower, OECD Flags China Subsidies

Allen covers a Vestas turbine on a 199-meter hub in Bavaria, Dominion’s 44 turbines up at Coastal Virginia Offshore Wind, an OECD report on Chinese subsidies, and Nordex’s push to keep non-Western turbines out of Europe.

The Uptime Wind Energy Podcast is brought to you by Weather Guard Lightning Tech, creators of the StrikeTape Ultra LPS retrofit. Subscribe to Uptime’s Substack newsletter. And check out Rosemary’s “Engineering with Rosie” Youtube channel. Have a question we can answer on the show? Email us!

Vestas Turbine Tops 199-Meter Tower, OECD Flags China Subsidies

Continue Reading

Renewable Energy

What We Love About Old Homes Tells Us About Ourselves

Published

on

I subscribe to a social media feed called “I Love Old Homes” because I have an appreciation for the history of architecture, especially that which was built in what is now the United States between the late 17th Century and the 1930s.  At the risk of coming off as weird, I try to picture myself living in some of these places, and some of these daydreams are quite pleasant indeed.

At left, we see something from the “beaux arts movement” in the Gilded Age of the late 19th Century that I find abhorrent.  In its essence, it says that I have disdain for those less fortunate.

You don’t have a fireplace to keep you warm as you walk up one of your many staircases?  What a tragedy.

We live in times when 1.5 billion people can’t get a glass of clean water and you want to live like this?  You don’t care that the planet we live on is becoming more inhospitable with each passing year, as long as you can live in the most extreme upper end of luxury?  There are rooms in your house that you’ve never even stepped in?  Some that you can’t actually find?

Apparently this works for some, but not for me.

What We Love About Old Homes Tells Us About Ourselves

Continue Reading

Renewable Energy

ACORE Statement on Bipartisan American Affordability and Jobs Act Substitute Amendment from President and CEO Ray Long

Published

on

ACORE Statement on Bipartisan American Affordability and Jobs Act Substitute Amendment from President and CEO Ray Long

WASHINGTON, D.C. — ACORE supports the Senate negotiators’ agreed-upon Substitute Amendment for the Bipartisan American Affordability and Jobs Act (BAAJA), and we urge swift passage of the bill. 

This Substitute Amendment represents corrections and clarifications that maintain the bill’s goals — to fix our woefully broken permitting system. The Amendment specifically improves the transmission provisions, allowing us to make much-needed upgrades to our grid so we can build more clean energy. 

This bill will help to put downward pressure on energy prices, improve our electricity reliability, and ensure we have enough power to keep the lights on for families and factories. The status quo of high power prices and anticipated energy shortages is unacceptable. This bill will streamline the build-out of our power infrastructure. The time is now.

Let’s get this bill passed and start building.    

### 

About ACORE  
ACORE is a nonpartisan nonprofit organization that operates at the intersection of affordability, reliability, and clean energy deployment. Our work is focused on stabilizing energy prices, strengthening the electric grid, and driving investment in cost-effective technologies to ensure that clean energy delivers for people, businesses, and the U.S. economy.

ACORE convenes a membership spanning the full clean energy value chain—investors and financiers, developers and EPCs, hyperscalers and energy buyers, manufacturers and advisors. Our members were directly involved in more than 80% of the American clean energy infrastructure projects added to the grid in 2025. We champion all clean energy technologies including transmission, solar, wind, storage, geothermal, hydropower, nuclear, and beyond. ACORE members are the companies investing in and building tomorrow’s electric power system, accelerating infrastructure development, strengthening grid reliability, and enhancing domestic competitiveness.

Media Contacts: 

Tamari Palmer 
Associate, Communications
palmer@acore.org

Chris Higginbotham 
VP, Communications
higginbotham@acore.org  

The post ACORE Statement on Bipartisan American Affordability and Jobs Act Substitute Amendment from President and CEO Ray Long appeared first on ACORE.

https://acore.org/news/acore-statement-on-bipartisan-american-affordability-and-jobs-act-substitute-amendment-from-president-and-ceo-ray-long/

Continue Reading

Trending

Copyright © 2022 BreakingClimateChange.com