Summit Ridge Energy has acquired 19 community solar projects, located across Virginia, totaling 100 MW.
The portfolio was obtained from seven partners, including Apex Clean Energy, ESA Solar, ForeFront Power, New Leaf Energy, RWE Clean Energy and SolAmerica Energy. The acquisitions were made by Summit Ridge’s joint venture with Osaka Gas USA, a subsidiary of Osaka Gas.
Virginia has invested $250 million towards construction and operation of the portfolio’s projects, which will provide more than 1,000 jobs for construction workers, vendors and local businesses.
“This new portfolio is an example of our ability to execute in a challenging economic environment and demonstrates our commitment to our home state of Virginia,” says Steve Raeder, Summit Ridge CEO. “More importantly, all of the savings generated by each solar project will be offered to low-income customers, reducing electricity bills for thousands of Virginia households.”
The portfolio makes Summit Ridge the market leader in its home state of Virginia and represents more than two-thirds of the projects to be built under the state’s Shared Solar Program.
Launched as part of the state’s Clean Economy Act, the Shared Solar Program is designed to support Virginia’s decarbonization goals and incentivize equitable access to clean energy.
The post Summit Ridge Adds 19 Solar Projects to Portfolio appeared first on Solar Industry.
Renewable Energy
Myth Busting in Renewable Energy
I met a guy earlier today who told me that wind and solar are controversial, and that some people say that the mining and manufacturing of wind turbines requires more fossil fuels that the turbines themselves produce.
I told him that I’m aware of such people; they’re called “professional liars.”
I explained the concept of EROI, energy return on investment, and surprised him by saying that the EROI of wind is somewhere between 18 and 30, meaning that each wind turbine you see as you drive along the freeway will generate at least 18 times as much energy as was required in its mining, fabrication, installation, maintenance, and decommissioning–all the way up to 30 times that amount.
The generation of disinformation of renewables has become a cottage industry. People are paid to make up and publish complete bullshit, so as to discredit the burgeoning clean energy industry, and keep Big Oil in place.
Renewable Energy
Thanking God for Trump
As bad as things are in the United States, they could always get worse.
Trump could succeed in his quest to be a dictator, Christianity could be taught in schools, and unvaccinated adults and their kids could trigger another epidemic.
In terms of our reputation on the world stage, however, things really can’t get must worse; the countries around the globe already regard us with a mixture of hate and derision.
Yet regardless of what the future holds, there will always be idiots who that believe that Trump is our savior, like the author of the meme above.
Renewable Energy
Eastman Disbarred
Good to see John Eastman disbarred in California; it’s a small measure of justice.
Criminal prosecution in the future?
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