Connect with us

Published

on

NextEnergy Capital has announced a further capital commitment of $100 million to its fifth strategy, NextPower V ESG, an OECD-focused solar and battery storage strategy targeting $1.5 billion with a $2 billion hard cap that has secured $580 million in commitments to date.

The additional capital was committed by a European pension fund, joining existing investors KLP, a German occupational pension fund and a Nordic pension fund.

NPV ESG started its investment cycle with a 100 MW utility-scale solar project under construction in Highland County, Fla. and has several other investment opportunities from its 18 GW pipeline under exclusivity..

“We are delighted to welcome a new investor into NextPower V ESG, which further accelerates the fund’s positive momentum and growth,” says Next Energy Capital’s Shane Swords.

“It’s wonderful to see NextEnergy Capital’s exemplary track record, extensive experience in solar and vast opportunities in the solar sector being recognised. NextPower V ESG is our largest international fund to date which will provide a real impact and tangible benefits to the communities and countries where its assets are located, whilst also providing an opportunity for investors looking for strong and stable renewable energy returns. This additional capital close is a clear indication to the market that, despite the current environment, investors are still seeking a specialist investment manager with a proven track record of successful delivery, deployment and superior return generation.”

The post NextEnergy Capital Inks Additional Close for NextPower V ESG appeared first on Solar Industry.

NextEnergy Capital Inks Additional Close for NextPower V ESG

Continue Reading

Renewable Energy

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

Published

on

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

Continue Reading

Renewable Energy

Renewable Energy Concepts Can’t Violate the Laws of Physics

Published

on

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

Continue Reading

Renewable Energy

What Canada Has that the U.S. Doesn’t

Published

on

Until recently, I would have moose, maple syrup, and frozen tundra.

Now I would say: decency, honesty, and class.

What Canada Has that the U.S. Doesn’t

Continue Reading

Trending

Copyright © 2022 BreakingClimateChange.com