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Canadian Solar subsidiary Recurrent Energy has secured $160 million in financing for its 127 MW Bayou Galion Solar project, located in Louisiana’s Morehouse Parish. 

Microsoft will purchase 100% of the energy and renewable credits produced by the project, which is currently under construction and expected to be operational by fall.

Recurrent began development of Bayou Galion Solar in 2018 and commenced construction last December, selecting Primoris Renewables as its engineering, procurement and construction partner. Once construction is completed, Recurrent will own and operate the project.

“We are very pleased to announce the successful close of project financing and PPA signing for Bayou Galion Solar in Louisiana,” says Ismael Guerrero, CEO of Recurrent Energy. “This project represents an important milestone as we continue to advance our pipeline in new markets and increase project ownership. Bayou Galion Solar extends our relationship with our esteemed partners at MUFG and establishes a new relationship with Microsoft, one of the world’s largest renewable energy power buyers.”

Mitsubishi UFJ Financial Group acted as coordinating lead arranger for the financing.

The post Recurrent Energy Secures Financing for Bayou Galion Project appeared first on Solar Industry.

Recurrent Energy Secures Financing for Bayou Galion Project

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Renewable Energy

Carbon Capture and Synthetic Fuels

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As we’ve noted in the past, the idea of capturing CO2 from the atmosphere is completely unfeasible, since 99.96% of the air around is something other than CO2 (mostly nitrogen).  However, there are environments that change this equation radically, cement plants being one of them, where the concentration of CO2 emissions is as high as 30% (versus .04%).

Now, this brings the subject of synthetic fuels into the realm of possibility.  Sure, if you want to make gasoline, diesel, and jet fuel, you’ll need two other things: hydrogen (which can come from electrolyzing water), and a considerable amount of energy, as these processes are heavily endothermic, meaning that energy must be supplied from external sources.

The good news is that we have enormous amounts of off-peak wind and nuclear that are wasted every day.  Please see: Doty WindFuels.

Carbon Capture and Synthetic Fuels

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Renewable Energy

What Trump Is Actually Doing

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With each passing day, there are fewer and fewer American voters who believe the bullshit at left.

Is Trump working hard to stay out of prison? Enrich himself and his family?  Of course.

Could be possibly care less about anything else? Obviously not.

What Trump Is Actually Doing

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Renewable Energy

Flagging Tourism to the United States

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What’s the thought process of people in the rest of the developed world when it comes to visiting the U.S.?

Conversely, would you or I want to visit some country with a deeply corrupt regime that is systematically committing atrocities all around the globe, and whose leader is lining his pockets?

I’m glad I don’t own a resort in New England that counts on a flow of visitors from Canada.  If I were a Canadian, I’d be thinking I’d rather visit hell.

Flagging Tourism to the United States

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