Renewable America (RNA) has issued development updates on two of the company’s California solar sites: the 2.93 MW West Tambo Clean Power II site (WEST-II), located in Livingston, and the 4.29 Dos Palos Clean Power site (DOSP), in Dos Palos. 

Both projects are set to benefit low-income and disadvantaged communities.

WEST-II is projected to achieve its commercial operation date by next month, with San Jose Clean Energy set to purchase the power generated by the project. Peninsula Clean Energy will purchase the power produced by DOSP to supply energy to Los Banos residents.

“Climate change mitigation and energy resilience in local communities are core components of RNA’s mission,” says Ardeshir Arian, president and CEO of Renewable America.

“These developments are contributing to California’s renewable energy targets while making a difference in the lives of San Jose and Los Banos residents, and we’re thrilled to see the projects’ progress.”

The post Renewable America Community Microgrids Head Toward Commercial Operation appeared first on Solar Industry.

Renewable America Community Microgrids Head Toward Commercial Operation

Iberdrola, ICO, Sabadell and HSBC have signed a syndicated green loan for €500 million, covered by Cesce through its Green Investment Policy on behalf of Spain.

The loan, which has a 15-year maturity, is guaranteed by the Internationalization Risk Reserve Fund, attached to the Ministry of Economy, Trade and Enterprise. It is the first aimed at promoting renewable energy projects that the ICO will finance with Next Generation funds in the second phase of the Recovery Plan. 

Funds from the operation, as part of the ICO-Verde program, will be used to finance renewable and battery projects in the United States, Australia and Italy. The total renewable capacity financed is slated to reach 897 MW, with the project expected to be operational by 2026.

Cesce, in its role as the Spanish Export Credit Agency, exclusively manages credit and investment insurance on behalf of the State. Its Green Investment Policy covers the risks of credits granted to Spanish companies or their foreign subsidiaries for the financing of projects abroad that are considered green.

The post Iberdrola Consortium Signs €500M Syndicated Green Loan with Cesce appeared first on Solar Industry.

Iberdrola Consortium Signs €500M Syndicated Green Loan with Cesce

I was listening to an excerpt of a speech Trump gave the other day, which theme was that Kamala Harris is not too smart.  What stood out to me was that the audience was almost completely silent.

It was only recently that his support base would go bananas when their hero made derogatory comments about his opponents–especially black women. Is it possible that the bloom is off the rose here, i.e., that these morons have simply heard enough of this hateful garbage?

Trumpism Failing?