BioEnergy Bytes

  • BioEnergyBytesDFClean Energy Collective (CEC), a community-owned solar developer, has been named to the 2014 Inc. 500/5000 list, an exclusive ranking of the nation’s fastest-growing private companies. Ranked number 194 overall, and 11th within the Energy segment, CEC was recognized for its innovative community-owned solar solution being adopted by utilities and communities across the country. Between 2010 and 2013 CEC’s revenue grew 2,217 percent.
  • CBD Energy Limited has, through its Australian Energy Efficiency subsidiary, Parmac, been awarded installation and maintenance contracts in Melbourne, Australia. The total estimated value of the contracts is approximately US$1.7 million. The projects are expected to be commissioned in September and to be completed in December, 2014. As part of the agreements, Parmac will also earn ongoing operations and maintenance fees.
  • Tanzanian Minister of Energy and Minerals, Professor Sospeter Muhongo, disclosed that the Tanzania Geothermal Development Company kick started operations last month as a subsidiary of the Tanzania Electric Supply Company (TANESCO). The company’s goal is to start generating up to 4,000 megawatts of electricity from geothermal energy within two years.
  • Canadian Solar Inc. announced that its wholly-owned subsidiary, Canadian Solar Solutions Inc., has completed the sale of Good Light, a 10 MW AC solar power plant located in the town of Kawartha Lakes, Ontario, Canada, valued at over C$66.0 million ($60.3 million) to a BluEarth Renewables Inc. subsidiary. This is the second of four planned solar projects being acquired by BluEarth from Canadian Solar, totalling 38.5 MW AC.

BioEnergy Bytes

  • BioEnergyBytesDFThis year has seen China make a significant impact on the world’s nuclear power industry, having brought three new reactors online with a total capacity of 3.2 Gigawatts (GW), according to an analyst with research and consulting firm GlobalData. China currently has 20 active nuclear reactors, with a further 28 under construction. Another 10 reactors are expected to begin commercial operation between 2017 and 2025, with a total capacity of 9.56 GW.
  • Wetzel Engineering Inc. (WEI), a specialized systems engineering company serving the international wind energy industry, announced that industry veteran Gary Kanaby has joined the company as director of marketing and sales. Kanaby will be responsible for business capture activities including growing marketshare among wind farm owners and operators.
  • According to a recent report, “Microgrids in Asia Pacific” from Navigant Research, cumulative investment in microgrids across the region will total $30.8 billion from 2014 to 2023. Demand for electricity and generation capacity from renewable energy sources is growing at an unprecedented rate in the Asia Pacific region. As a result, the number of microgrid projects deployed in Asia Pacific, both for electrification purposes and as experimental test beds, is also rising.
  • DTE Energy selected 84 new solar energy projects for inclusion in Phase 2 of DTE’s SolarCurrents customer-owned pilot program. A total of 74 residential projects, representing 616 kilowatts (kW) and ranging in size from 1 to 20 kW, will be offered incentives as part of Phase 2. These projects will be built in 10 counties in Southeastern Michigan. An additional 10 non-residential projects, representing 157 kW, will be built in six counties in Southeastern Michigan. These projects range in size from 5 to 20 kW. All applications for non-residential projects were accepted into the program.

BioEnergy Bytes

  • BioEnergyBytesDFThe Provo Office of the Bureau of Reclamation completed a ground mount, 96 panel solar energy system in a former unused grassy area on the south side of their building located at 302 East 1860 South in Provo this summer. Local company, TRA Snow and Sun, Inc. of American Fork, Utah, manufacturer of solar mounting systems and snow retention systems, supplied the ground mounting for the panels and Intermountain Wind and Solar was the integrator.
  • Solectria Renewables, LLC, a leading U.S. PV inverter manufacturer, announced today that it will supply 69 SGI 500XTM’s to Entropy Solar Integrators for seven projects in North Carolina. These projects are part of a portfolio being built by Entropy Solar Integrators and financed through affiliates of Entropy Investment Management.
  • Starwood Energy Group Global, LLC, a leading private investment firm focused on energy infrastructure, has announced that an affiliate has completed agreements to finance and construct its second wind farm, a 165 Megawatt (MW) project 45 miles south of Lubbock, Texas. The Stephens Ranch II project, which represents the second of two phases that will total 377 MW, will use GE 1.7-100 turbines and be built by Wanzek Construction, with completion scheduled for mid-2015.
  • MENA Clean Energy Forum will be take place in Dubai on December 9, 2014. The MENA Clean Energy Forum will bring together stakeholders interested in investing, financing, developing and operating clean energy projects in the regions. The summit will provide a platform for networking, knowledge transfer and new business development with decision makers within the clean energy Industry.

BioEnergy Bytes

  • BioEnergyBytesDFDessler Media has announced the launch of their nationwide television commercial campaign that is structured to provide solar companies around the nation with exclusive pre-qualified residential solar leads and pre-qualified in home appointments. The participating solar companies have a choice of either having Dessler’s call center set an in-home appointment after qualifying the caller or to set up a telephone appointment after qualifying the inbound lead.
  • Caltech’s Resnick Sustainability Institute has announced that nominations are open for the 2015 Resonate Awards. The awards are designed to bring attention to unheralded innovators with provocative ideas that contribute to long term sustainability. These include meeting the world’s energy needs sustainably, providing water and food for a growing world population, cleaning the environment, improving people’s access to the natural resources they need to live a productive life, and many others.
  • Solar Power Mid-Atlantic, a new regional event highlighting the strong solar industry in New Jersey, Pennsylvania, Maryland and Delaware, will be taking place September 9-10, 2014 in Atlantic City, New Jersey. The event is presented by Solar Energy Industries Association (SEIA) and Solar Electric Power Association (SEPA). The two days of programming will offer in-depth sessions and keynotes on the challenges and opportunities in the Mid-Atlantic solar market, as well as exhibits and demonstrations from solar firms and networking events.
  • Denver-based SunShare has it has contracted with Adams County to provide the regional government with clean, reliable energy from Community Solar Gardens. Adams County will be the first county in the nation to power its buildings with privately developed Community Solar energy. SunShare is one of the nation’s first Community Solar providers.

BioEnergy Bytes

  • BioEnergyBytesDFDelegations from the U.S. and China will come to Los Angeles, California, August 16 and 17, 2014 to review the past and explore the future of U.S.-China relations. “Building Peace: The Growth of US-China Diplomatic and Trade Relations Celebration and Forum on the 35th Anniversary of the Renewal of Diplomatic Relations between the United States and China” is sponsored by the Chinese-American Federation and the Zhou Enlai Peace Institute. Climate Change will be a primary issue discussed.
  • Infocast has announced its inaugural Solar O&M 2014 Summit on October 1-2, 2014, at the Rancho Bernardo Inn, in San Diego, CA. At the Solar O&M 2014 Summit features an impressive roster of speakers including solar asset owners, investors, lenders and the O&M community will report on the latest developments in the ongoing effort to organize the industry to meet the challenges of operating and maintaining its expanding asset base. From the strategic factors shaping the O&M landscape to best practices on the ground, the event will provide the information and insight needed to better manage the industry’s assets and maximize its investments.
  • Palmetto has launched a new online investment platform that enables accredited individuals to invest their money in solar projects for secure returns of 6% and upwards. Palmetto says their offer is markedly different to other clean energy investment platforms: with Palmetto the investment is put into secure debt-style instruments and the minimum investment period can be as low as 12 months. This compares to other investments that lock up investors’ funds for much longer periods – sometimes five years and more – while paying a lower interest rate and providing less security. Palmetto believes that gaining direct access to retail investors via these solar-backed loan notes could be a tipping point for the industry, opening up much wider opportunities for solar financing.
  • Three new scholarships available through the online University of Wisconsin Sustainable Management program will help keep some green in students’ pockets while rewarding their dedication to furthering their careers and education. The Sustainable Employer Match Scholarship, the Green Student Scholarship, and the Sustainable Management Academic Scholarship are designed to provide new and returning students with assistance to pay for their education. Two scholarships are designed to help new students – the Sustainable Employer Match and the Green Student Scholarships. The Sustainable Employer Match is for students whose employers offer tuition-reimbursement programs. This scholarship covers the cost of one Sustainable Management course ($1,170), if the student’s employer covers the cost of a second course.

BioEnergy Bytes

  • BioEnergyBytesDFGreen Plains Inc. has announced that its Board of Directors has approved a share repurchase program of up to $100 million of the Company’s shares of common stock effective immediately. Under the share repurchase program, Green Plains may repurchase shares from time to time in open market transactions, privately negotiated transactions, accelerated share buyback programs, tender offers or by other means. The timing and amount of repurchase transactions will be determined by the Company’s management based on its evaluation of market conditions, share price, legal requirements and other factors.
  • Ground was officially broken on the Red Rock Hydroelectric Project (RHHP), which will retrofit the Lake Red Rock Dam near Pella, Iowa to provide up to 55MW of power during peak seasons. RRHP is being built by Missouri River Energy Services, and Voith will supply the turbines, generators, and associated controls that will help provide power for an estimated 18,000 homes and businesses. The project has a target completion date of 2018.
  • Ygrene Energy Fund, a leading national provider of residential and commercial property assessed clean energy (PACE) financing, has announced they have raised $30 million in growth capital from Virgo Investment Group. Ygrene will use the funds to grow its channel contractor network, further expand its national footprint, and accelerate market awareness for PACE financing. The company appointed Mike Cary, former President of CIT Home Lending, as COO to immediately execute on its growth initiatives.
  • Juhl Energy, Inc. has announced they have completed its previously announced acquisition of two operating wind farms in Iowa. The $4 million acquisition closed on August 11th, 2014, and the wind projects are now wholly-owned by Juhl Energy. The two GE XLE 1.62 MW wind turbines are located in North Central Iowa near the towns of Manley and Kensett. The wind turbines are installed on private farmland approximately 10 miles apart from each other and have been commercially operating since 2011.

BioEnergy Bytes

  • BioEnergyBytesDFWide bandgap (WBG) materials such as silicon carbide (SiC) and gallium nitride (GaN) are best positioned to address emerging power electronics performance needs in electric vehicles (EVs), with SiC displacing silicon as early as 2020, according to Lux Research report, “Silicon vs. WBG: Demystifying Prospects of GaN and SiC in the Electrified Vehicle Market“. As silicon struggles to meet higher performance standards, WBG materials are benefiting critically from evolving battery economics.
  • Hanergy Holding Group Limited, a multinational clean-energy power generator and a leading thin-film solar company, today announced that it has completed the acquisition of Alta Devices, whose thin film solar technology has a conversion efficiency of 30.8 percent, the highest among the solar energy technologies currently available in the world.
  • Whether it’s established markets concerned about securing long-term energy supply or emerging nations seeking to efficiently improve their generating capacity, biomass for power generation is taking a strong hold on the global market. According to the July analysis of the Waste Business Finder database, published in Waste Industry Sales Monitor, there were 43 such projects, with an identifiable value of US $1.3 billion. The popularity of biomass is being driven by the array of biomass types – from animal/agricultural waste, through domestic food waste to forestry residues – allowing countries to specialize in the types most available to them. In this way, developing countries such as Burma, Honduras or Nigeria, which all reported developments in the month, can more easily meet their growing electricity generation needs.
  • The U.S. carport market has emerged as a substantial component of the U.S. solar industry. According to the latest report from GTM Research, “U.S. Solar Carport Market 2014-2018: Landscape, Outlook and Leading Companies,” the U.S. is forecasted to add over 180 megawatts of solar carports in 2014, making it the fourth consecutive year with more than 100 megawatts installed.

BioEnergy Bytes

  • BioEnergyBytesDFKazakhstan adopted a new feed-in tariff in July 2014. The EBRD has worked with the Ministry of Industry and New Technologies and the Ministry of Environmental Protection to help develop various aspects of the new legislation. The tariff is set at 34,61 tenge/kWh (approx. 14 eurocents), and will be fully indexed/adjusted for inflation annually. The term of the Power Purchase Agreement (PPA) is 15 years. With the new tarriff in place, PrimeSolar is developing a 100 MW project at Jambyl Province. Construction is scheduled to begin in April of 2015.
  • CHS Inc has announced that Mark Palmquist, executive vice president and chief operating officer, Ag Business, will leave the organization effective Aug. 31, 2014, to assume the top leadership role with an Australian grain company. Current CHS strategic leadership team member Shirley Cunningham will assume a new role as executive vice president and chief operating officer, Ag Business and Enterprise Strategy. Palmquist will become managing director and chief executive officer of GrainCorp, Sydney, Australia, on Oct. 1, 2014.
  • While plug-in electric vehicles (PEVs) are now available in all U.S. states, most Canadian provinces and territories, and in every Western European country, they are not readily accessible in the Asia Pacific region. That will change over the next several years as Asia Pacific becomes the largest market for PEV sales. According to a recent report, “Electric Vehicle Geographic Forecasts,” from Navigant Research, sales of PEVs in North America, Western Europe, and Asia Pacific will grow from 352,000 annually in 2014 to 1.8 million in 2023.
  • STR Holdings, Inc. has announced its entry into a strategic relationship with Zhenfa Energy Group Co., Ltd., a leading developer of solar PV power stations based in Chongqing, China. The contemplated transactions with Zhenfa, which are subject to approval by STR stockholders and satisfaction of other customary closing conditions, include the sale of shares of common stock representing a 51% interest in STR (based on current shares outstanding) for an aggregate purchase price of approximately $21.7 million, the payment by the Company of a special dividend in the aggregate amount of approximately $22.6 million to STR stockholders of record after the closing date (excluding Zhenfa), and the execution of a Sales Service Agreement pursuant to which Zhenfa will, among other things, help drive sales of STR encapsulant to China-based solar module manufacturers.

BioEnergy Bytes

  • BioEnergyBytesDFThe quality of Wuxi Suntech’s polycrystalline silicon modules rank above industry standards according to OST Energy’s independent technical review of the company. OST Energy also provided independent validation that Wuxi Suntech’s production facilities are in line with international (IFC and World Bank) lender requirements for a primary supply chain. This review is the latest in third-party verification of the quality of Suntech products. Most recently, Suntech products received the VDE Quality-Tested certification, attesting that Suntech modules exceed existing industry standards. Suntech is only the third brand globally to receive this ranking.
  • Hanergy Holding Group and China New Energy Chamber of Commerce have issued the Global Renewable Energy Report 2014. The report found thatChina became the world’s biggest market for solar power in 2013, with the country’s newly installed photovoltaic generating capacity jumping 232% on-year to 12 gigawatts (GW).
  • Maryland-based Competitive Power Ventures (CPV) and partners Marubeni and Toyota Tsusho announced today they have closed financing with GE unit (NYSE: GE) GE Energy Financial Services and 14 other lenders for the $775 million CPV St. Charles Energy Center under construction in Waldorf, Charles County, Maryland. Financial details were not disclosed. Located 25 miles southeast of Washington, DC, the CPV St. Charles Energy Center is a state-of-the-art 725-megawatt (MW) combined-cycle natural gas-fired power plant using two reliable, highly efficient GE 7F.05 Gas Turbines and a GE D400 Steam Turbine. The project will be constructed by SNC Lavalin Constructors Inc. and operated by EthosEnergy Power Plant Services, LLC.
  • Solar power costs have fallen dramatically over the last five years, thanks to lower module prices, lower balance of system costs, and increased competition at the development and EPC level. Financing costs have also decreased as investors recognize the low-risk profile of solar assets. As a result, solar power is now cheaper than most alternative power sources according to Thierry Lepercq, founder and president of France-based Solairedirect. Within this price range, Saudi Arabia could offer some of the lowest LCOE levels. Lepercq will be speaking at the second edition of Desert Solar Saudi Arabia conference that will be held from September 17-18, 2014.

BioEnergy Bytes

  • BioEnergyBytesDFScottMadden, Inc. has joined forces with Energy Central to present an interactive webinar, “State of the Energy Industry: A Mid-Year Review,” on Friday, August 22, 2014, from 12:00–1:00 PM EDT. This free webcast will be based on ScottMadden’s upcoming Energy Industry Update, a semi-annual publication featuring their view of recent significant events and emerging trends that is received by more than 10,000 industry leaders. During this 60-minute webcast, ScottMadden industry experts will share their views on renewables, fossil generation, and transmission and field questions.
  • As students across Georgia return to the classroom this month, Georgia Power’s Learning Power program will go back to school as well. Learning Power is a statewide education initiative focused on science, technology, engineering and math (STEM) subjects. The initiative is designed to bring energy education to the classrooms for students at no cost to schools. Through the program, education coordinators visit Georgia schools to present special hands-on STEM-related lessons highlighting energy basics such as simple circuits and energy efficiency, plus activities that help students understand how energy is made and distributed from generation facilities to their homes.
  • FirstEnergy Corp. is offering education grants for creative classroom projects planned for the 2014-2015 school year. Science, Technology, Engineering and Mathematics (STEM) Classroom Grants of up to $500 will be awarded for teacher professional-development initiatives and creative, individual classroom projects for grades prekindergarten through 12. The grants are available to educators and youth group leaders located in communities served by FirstEnergy’s 10 electric operating companies, and in communities where the company has facilities or does business. STEM grant applications must be submitted by September 19, 2014. Grants will be awarded based on the recommendations of the FirstEnergy Education Advisory Council. Winners will be notified by October 13, 2014.
  • Sunnova Energy Corporation has today it has secured an additional $110 million in financing specifically allocated to support the growth of its solar service offering to homeowners and promote strategic market expansion. The $110 million joins the previously announced $145 million to facilitate an increase in new customers.

BioEnergy Bytes

  • BioEnergyBytesDFThe 6th Annual OPIS RFS2, RINs & Biodiesel Forum is being held October 16-17, 2014 in Chicago, Illinois. Sponsored by OPIS, the company notes those impacted by the RFS are frustrated with EPA’s recent announcement of extending the 2013 RFS deadline a third time — this only adds to the aggravation of the already late 2014 final targets. The event will teach attendees what they need to know to stay in compliance and avoid fines of up to $37,500 per day per violation from our top experts. Other topics include comprehending the complexities of EPA’s new QAP program, staying on top of the latest RVOs and creating a rock-solid compliance strategy.
  • Bond Dickinson’s Planning & Infrastructure team has advised on two successful offshore wind farm consents this summer, the latest of which represents its sixth Development Consent Order. The firm advised E.ON Climate & Renewables on the development of the Rampion offshore wind farm off the Sussex coast together with the underground onshore cable route and a new substation near the existing substation at Bolney, Mid Sussex. The development was granted consent to go ahead on July 16, 2014 by Ed Davey, Secretary of State for Energy and Climate Change. This follows the consent granted for East Anglia ONE in June, the first of Bond Dickinson’s successful offshore wind farm consents this summer.
  • Lumos Solar, a Boulder, Colorado based design-centric solar product company, has announced that TD Bank has chosen Lumos LSX frameless solar modules to cover their retail drive-thru structures. These structures provide essential shade and protection from the elements for bank customers as well as producing clean, renewable energy, helping TD Bank meet their sustainability goals.
  • ContourGlobal, an international power generation company, has announced that it has acquired an additional 122.6 MW of installed wind capacity in Brazil through a transaction with Casa dos Ventos. The transaction expands ContourGlobal’s operations in the attractive Chapada do Piaui wind complex located in Brazil’s windy northeast adding a new 59.2 MW fully contracted wind project (Chapada III) located adjacent to its existing Chapada I and Chapada II wind farms. Additionally, ContourGlobal has acquired Casa dos Ventos’s minority interest of 5% in Chapada II and will acquire its minority interest of 15% of Chapada I as well as its minority interest of 15% in the 160 MW Asa Branca wind farm that ContourGlobal placed into operation in September 2013.

BioEnergy Bytes

  • BioEnergyBytesDFPattern Energy Group LP has acquired the Logan’s Gap wind project from Pioneer Green Energy. Logan’s Gap is a 200 megawatt (MW) wind project to be built in Comanche County, Texas. As the developer of the project, Pioneer Green Energy began work of a significant nature in 2013 and executed a 10-year power purchase agreement (PPA) with Wal-Mart Stores, Inc. for approximately 60% of the project’s expected production.
  • Pacific Energy Solutions (PES), an energy project development company specializing in renewable technologies, has entered into a binding contract with the U.S. Navy to supply approximately 30,400 MWh of electricity annually to the Navy for use by Navy, Marine Corps and Air Force activities in the State of Hawaii. PES will supply this electricity to the Navy over a 25-year Power Purchase Agreement term. A groundbreaking ceremony was conducted on July 24, 2014 at Joint Base Pearl Harbor-Hickam. The ceremony was presided over by the Secretary of the Navy, the Honorable Ray Mabus, who was joined by the Governor of the State of Hawaii, Neil Abercrombie.
  • Sparq, Inc. a company focused on municipal and utility scale renewable energy, is now offering it’s solar energy service to residential customers beginning August 1, 2014. Sparq’s new Residential Solar Service will make it possible for homeowners across the Southwest to save thousands on their utility bills. Sparq’s existing partnership in the utility market will be expanded with Lightway Green New Energy Co. to provide high-standard solar panels and equipment designed specifically for residential applications.
  • From 2014 to 2035, worldwide gas consumption by the road transportation sector will fall 4 percent, the report concludes according to a new report, “Transportation Forecast: Global Fuel Consumption,” from Navigant Research. Gasoline consumption for road transportation will continue to rise through 2021, reaching 367.3 billion gallons a year, but then start to fall thereafter, declining to 348.1 billion gallons a year in 2035.

BioEnergy Bytes

  • BioEnergyBytesDFDyadic International, Inc. has signed a collaboration agreement to commercialize second generation biofuel and bio-based chemical technology with Compagnie Industrielle de la Matière Végétale (CIMV). CIMV’s patented approach of separating the three main components of plant material allows both production of high quality cellulose and hemicellulose, especially well-suited for the enzymatic process, and Biolignin, a pure form of lignin that may be sold commercially as a high value, environmentally friendly alternative to petroleum-derived chemicals. Under the collaboration agreement, Dyadic and CIMV will work together to develop more efficient, fully integrated processes to produce environmentally low impact biofuels and bio-based chemicals.
  • The U.S. Department of Agriculture has published a roadmap for America’s farmers and ranchers to measure their greenhouse gas emissions and evaluate opportunities for reducing them. The new Greenhouse Gas Report provides thorough guidelines for understanding how different management practices influence GHG emissions on farms, ranches and forests. By helping landowners better understand their impacts, farmers, ranchers and forest owners will be better equipped to calculate their emissions and account for these impacts through voluntary participation in GHG mitigation or carbon sequestration projects across the country.
  • Canadian Solar Inc. has supplied 4 MW of Canadian Solar PV Modules for the Spanish Town Estate Solar project, recently acquired by NRG Energy Inc. The project is located in St. Croix, in the U.S. Virgin Islands and utilizes 14,400 high-efficiency Canadian Solar CS6X-P 305 Polycrystalline PV Modules. Construction of the Spanish Town Estate Solar project began in April of 2014 and is expected to generate enough electricity to power more than 1,500 homes. It is expected to create nearly 100 direct and indirect jobs during construction and to inject a total of approximately $3 million into the local economy.
  • The California Energy Commission (CEC) awarded $4.3 million to Linde North America to construct retail hydrogen fueling stations in Northern California. The stations will be located at the Oakland International Airport and on Toyota owned property in San Ramon, California, adjacent to Toyota’s San Francisco Regional Office and Parts Distribution Center. The award is part of $46.6 million funding program the CEC has committed this year to expand the retail hydrogen fueling infrastructure within the state.

BioEnergy Bytes

  • BioEnergyBytesDFYingli Green Energy Holding Company Limited has announced that its wholly-owned subsidiary, Yingli Green Energy International AG, has entered into a strategic alliance with AMB Energia Wytwarzanie , a subsidiary of AMB Energia S.A. to co-develop 30 MW of solar projects in Poland. Within the framework of the agreement, AMB Energia as a local partner will fully develop the projects with the support from Yingli throughout all project stages.
  • Finavera Wind Energy Inc. has announced it has received a final $16.5 million of consideration, primarily in the form of debt forgiveness, from Pattern Renewable Holdings Canada ULC, a subsidiary of Pattern Energy Group LP as the final amount payable under the Purchase and Sale Agreement for 184 megawatts (MW) of wind projects, previously announced on April 29, 2013. The final consideration has been received earlier than the anticipated date in Q1 2015, based in part on the successful development of the Meikle Project.
  • Boralex Inc., through its subsidiary Boralex Europe S.A., has acquired Calmont 14 MW wind power project in the Midi-Pyrénées region in France. With a 15-year power sales contract with EDF France, construction work on the Calmont wind farm will begin during the first quarter of 2015 with commissioning scheduled for year end 2015. In all, Boralex will invest approximately €25 million to complete this project. Calmont is located a few kilometers from Boralex’s Avignonet-Lauragais hybrid solar/wind site offering attractive operating synergy opportunities.
  • Amicus Solar Cooperative, a purchasing cooperative that is 100% owned and managed by its member companies, has obtained an initial allocation of $50 million for qualifying businesses desiring solar through LFC Capital’s Solar Ownership Program. This Amicus/LFC Capital collaboration represents the first round of a multi-stage rollout of program funds planned for future solar photovoltaic (PV) projects.

BioEnergy Bytes

  • BioEnergyBytesDFGevo, Inc. has announced that it intends to offer and sell, subject to market and other conditions, common stock units. Each common stock unit will consist of one share of common stock and a warrant to purchase a certain number of shares of common stock. The units are to be sold by Gevo subject to market and other conditions in an underwritten public offering. Gevo currently intends to use the net proceeds from the offering to fund capital to complete the side-by-side configuration of its Luverne, MN facility, to fund working capital and for other general corporate purposes.
  • The Solar Foundation has recognized community-owned solar developer Clean Energy Collective as a 2014 Solar Foundation Award recipient for exceptional work and dedication to advancing solar energy. Clean Energy Collective received the Industry Advancement Award for its innovative approach to community-owned solar.
  • San Carlos Solar Energy, Inc. was recently presented with the 2014 Philippines Solar Photovoltaic (PV) System Integrator of the Year award at the 2014 Frost & Sullivan Philippines Excellence Awards held on July 17, 2014 at the Makati Shangri-la Hotel, Manila. This award is presented to the company that has demonstrated excellence in the three key areas of demand generation, brand development and competitive positioning.
  • JinkoSolar Holding Co., Ltd. has announced that China Development Bank International, the Macquarie Greater China Infrastructure Fund, a fund managed by Macquarie Infrastructure and Real Assets, and New Horizon Capital have agreed to invest a total of US $225 million in the company’s downstream solar power project business.