SunShare Secures $11 Million in Construction and Term Financing
MICHAEL, Minn. – SunShare, the nation’s pioneer in community solar, has secured $11 million in construction/term project financing from ANB Bank for the construction of 8.2 MWdc of community solar gardens in Minnesota. Construction has begun on the SaintSun (6.9 MWdc) and ZumbroSun (1.3 MWdc) projects in Saint Michael and Zumbro Falls, MN, and they are expected to reach mechanical completion starting in October 2018. “We’ve been building community solar gardens for almost a decade to make so...
EIA Releases September’s U.S. Short-Term Energy Forecast
The U.S. Energy Information Administration released its Short-Term Energy Outlook (STEO) on Tuesday, September 11, 2018. The full STEO can be downloaded at: http://www.eia.gov/forecasts/steo/ Forecast Highlights Global liquid fuels Brent crude oil spot prices averaged $73 per barrel (b) in August, down almost $2 from July. EIA expects Brent spot prices will average $73/b in 2018 and $74/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will a...
Solar Energy Might Become EU’s Fastest-Growing Energy Source by 2020 Due to Elimination of Tariffs on Imported Chinese Solar Panels
Following the European Commission’s decision to lift trade tariffs on the import of solar panels from China, Europe’s energy experts have described the block’s decision to end the trade war with Beijing as a “watershed moment for European solar energy.” In 2013 the EC imposed tariffs of up to 64.9% on the original price of solar panels imported from China, after accusing Beijing of selling subsidised panels below cost in Europe. The tariffs were imposed to protect European solar panel ma...
REPORT: Energy Efficiency Employs 2.25 Million Americans
Energy efficiency jobs grew 3% in 2017 17 states have more than 50,000 energy efficiency workers; 25 have more than 30,000 Energy efficiency employs 2X as many Americans as fossil fuel industries WASHINGTON AND BOSTON – (September 6, 2018) – Energy efficiency added more new jobs than any other industry in the entire U.S. energy sector in 2017, and now employs nearly 2.25 million Americans, according to a new jobs analysis from E4TheFuture and the national, nonpartisan business grou...
SunShare Launches 10 MWs of Community Solar Gardens in Colorado
WATKINS, Colo. – SunShare, a leading community solar developer, announced the launch of the Imboden Solar Project with a solar panel-raising event that took place recently in Watkins, Colorado. The celebration featured U.S. Representative and Colorado gubernatorial candidate Jared Polis along with numerous representatives from the Colorado solar industry including the Colorado Solar Energy Industries Association, Coalition for Community Solar Access, GRID Alternatives, and Xcel Energy. “I am...
How much water is used to fulfill the energy needs of the US?
Study analyzes how much water is used by oil, coal, natural gas, wind and other energy sources To generate the energy delivered to each home, business and industrial entity in the United States each year, trillions of gallons of water are required for energy production, processing, conversion and transport. However, the exact amount of water withdrawn from the environment and consumed for each energy source has never been quantified – until now. For each of the various energy sources,...
APAC Will Continue to Lead Global Steam Turbine Market Through 2022, Says GlobalData
The Asia-Pacific (APAC) region will continue to hold its top position in the global steam turbine market, which is expected to reach a market value of $8.95bn in 2022, according to leading data and analytics company GlobalData. APAC was the largest market for steam turbines in 2017 registering 73.2% of the global market share. Europe, Middle East, and Africa (EMEA) was the second-largest market, with 17.5% share, followed by the Americas with 9.3%. The company’s latest report ‘Steam Turbin...
Energy Security Partners Secures Funding for GTLA's Front End Engineering & Design
LITTLE ROCK, Ark. – Energy Security Partners (ESP), an independent developer of major gas-to-liquids (GTL) projects, has secured funding to complete Front End Engineering & Design (FEED) and related development activities for the GTL Americas (GTLA) Project near Pine Bluff, Arkansas. The GTL facility is expected to produce 33,000 barrels per day of ultra-clean transportation fuels from natural gas, with an anticipated capital cost of approximately $3.5 billion. Major GTL facilities are in operat...
Western Electric Co-ops Increasingly Able to Deliver Savings by Integrating Renewable Energy
BOULDER, COLO. Aug. 23, 2018, — Declines in renewable energy pricing are creating opportunities for electric cooperatives in the U.S. Mountain West to deliver cost savings to their members, and simultaneously creating risks for those utilities that are slower to transition to these technologies, according to a new study from Rocky Mountain Institute (RMI). To illustrate the importance of this broad regional trend, RMI produced a case study of Tri-State Generation and Transmission Associa...
Wärtsilä to Help Ensure Reliable Power Supply in Challenging Hawaii Conditions Through Smart Technologies
Clean, secure, and uninterrupted power is at the core of Hawaiian Electric’s 50-megawatt Schofield Generating Station. Wärtsilä has signed a Maintenance and Operational advisory agreement for the power plant, located on the island of Oahu, 40 kilometres from Honolulu. The agreement will help the utility to maximize the availability and efficiency of the power plant. Wärtsilä, for the duration of the 10-year agreement, will provide advisory and maintenance services that help ensure reliable po...