Renewable energy law

DGAP-News: Encavis AG publishes consensus of analysts regarding the disclosure of consolidated financial results Q2/6M 2020e and the guidance 2020e

Retrieved on: 
Monday, August 24, 2020
Energy, Renewable energy economy, Renewable energy law, Renewable energy policy, Feed-in tariff, PPA, Articles, Natural Resources

Currently six out of ten research analysts who cover Encavis participated in this consensus.

Key Points: 
  • Currently six out of ten research analysts who cover Encavis participated in this consensus.
  • The consensus mirrors the expectations regarding the consolidated financial results of the second quarter 2020e, the first half of 2020e as well as the guidance for the current fiscal year 2020e.
  • The plants for sustainable energy generation generate stable yields through guaranteed feed-in tariffs (FIT) or long-term power purchase agreements (PPA).
  • Within the Encavis Group, Encavis Asset Management AG specializes on institutional investors.

Report: Since 2015, IL Customers Have Lost $1 Billion With Alternative Suppliers

Retrieved on: 
Wednesday, August 12, 2020
Commonwealth Edison, Exelon, Energy, Renewable energy economy, Renewable energy policy, Pricing, Electric power, Renewable energy law

To put it in perspective, a ComEd customer using 500 kWh of electricity each month would overpay by more than $100 a year.

Key Points: 
  • To put it in perspective, a ComEd customer using 500 kWh of electricity each month would overpay by more than $100 a year.
  • Thanks in part to this provision of the act, the ICC fined alternative supplier LifeEnergy $1 million for marketing violations.
  • This report shows it's very likely that if you're with an alternative supplier you're paying more than the regulated utility rate."
  • Created by the Illinois Legislature, CUB opened its doors in 1984 to represent the interests of residential and small-business utility customers.

Renewable Energies Well Below 2 Cents Per kWh Worldwide, Before the End of the Decade

Retrieved on: 
Wednesday, June 24, 2020
Environment, Technology, Finance, Other Energy, Utilities, Other Technology, Professional services, Alternative energy, Energy, Renewable energy economy, Energy, Renewable energy law, Renewable energy policy

This simple but strong message resonating with the Paris agreement is the one the Terrawatt community is sending today to policy makers and citizens around the world.

Key Points: 
  • This simple but strong message resonating with the Paris agreement is the one the Terrawatt community is sending today to policy makers and citizens around the world.
  • Only five years ago, well below 2 cents per kWh was considered unrealistic.
  • The challenge for the decade ahead is to generalise this price level everywhere and at all levels, especially for the most vulnerable.
  • Since COP 21 in Paris, Terrawatt Initiative has explored all the sticking points on the road to well below 2 cents per kWh.

DGAP-News: ENCAVIS AG:

Retrieved on: 
Thursday, June 4, 2020
Renewable energy, Renewable energy economy, Energy, Renewable energy law, Renewable energy policy, Photovoltaics, ENCAVIS, Sunovis

Hamburg/Singen, June 4, 2020 - Encavis AG (Prime Standard, ISIN: DE0006095003) concludes a cooperation agreement with Sunovis GmbH for a 200 MW+ portfolio of subsidy-free solar projects in Germany.

Key Points: 
  • Hamburg/Singen, June 4, 2020 - Encavis AG (Prime Standard, ISIN: DE0006095003) concludes a cooperation agreement with Sunovis GmbH for a 200 MW+ portfolio of subsidy-free solar projects in Germany.
  • Encavis is thus securing further subsidy-free open-space plants in Germany, one of the most sought-after solar locations in Europe.
  • In 2017 and 2019, Sunovis GmbH has already built two plants with a total of 14.3 MW, which were acquired by Encavis.
  • Within the Encavis Group, Encavis Asset Management AG specializes in the area of institutional investors.

Alchemy Renewable Energy Closes the Financing for a 44-Megawatt (DC) Solar Renewable Energy Portfolio

Retrieved on: 
Monday, May 4, 2020
Energy policy, Energy, Renewable electricity, Renewable energy, Renewable energy law

Springfield, Missouri, May 04, 2020 (GLOBE NEWSWIRE) -- Alchemy Renewable Energy (ARE), a high growth portfolio company of Monarch Private Capital that owns and operates renewable energy facilities, is pleased to announce the financial closing for a 44.51-Megawatt (DC) solar, renewable energy portfolio across Indiana, with joint venture partner Telamon Enterprise Ventures LLC (TEV).

Key Points: 
  • Springfield, Missouri, May 04, 2020 (GLOBE NEWSWIRE) -- Alchemy Renewable Energy (ARE), a high growth portfolio company of Monarch Private Capital that owns and operates renewable energy facilities, is pleased to announce the financial closing for a 44.51-Megawatt (DC) solar, renewable energy portfolio across Indiana, with joint venture partner Telamon Enterprise Ventures LLC (TEV).
  • The portfolio was developed by the Indiana Municipal Power Agency (IMPA), a wholesale electric power provider, who is the offtaker and Engineering Procurement & Construction provider for the portfolio of projects.
  • Solar energy provides clean power, reduces energy costs, and generates jobs while contributing to the energy self-reliance of the U.S. economy.
  • Alchemy Renewable Energy is an industry leader in renewable energy projects as well as comprehensive long-term debt and tax equity financing.

ReneSola Power Announces Sale of 6.8 MW of Projects in Canada

Retrieved on: 
Wednesday, March 25, 2020
Renewable energy economy, Renewable energy law, Renewable energy policy, Energy, Feed-in tariff, Natural Resources, Articles

These projects were qualified under the Canadian feed-in tariff scheme, which was subsequently discontinued in late 2016.

Key Points: 
  • These projects were qualified under the Canadian feed-in tariff scheme, which was subsequently discontinued in late 2016.
  • Mr. John Ewen, CEO of ReneSola Power North America, commented, "Grasshopper has been an excellent partner in financing this portfolio, and we are thrilled to close the transaction.
  • Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola Power (NYSE: SOL) is an international leading brand of solar project developer.
  • Leveraging its global presence and solid experience in the industry, ReneSola Power is well positioned to develop green energy projects with attractive return around the world.

Glendale Water & Power Enters Into Agreement To Purchase Geothermal Energy, Increasing Its Renewable Portfolio

Retrieved on: 
Thursday, February 27, 2020
Articles, Energy, Energy policy, Climate change mitigation, Renewable energy, Renewable energy law, Renewable energy policy, Glendale, California, Renewable portfolio standards in the United States, Ara Najarian, 100% renewable energy, Sustainable energy

The two projects combined will bring 15.5 MW of 100% renewable energy to Glendale and GWP customers, and will move Glendale significantly further towards meeting the State of California's mandates of Senate Bill (SB) 100.

Key Points: 
  • The two projects combined will bring 15.5 MW of 100% renewable energy to Glendale and GWP customers, and will move Glendale significantly further towards meeting the State of California's mandates of Senate Bill (SB) 100.
  • The geothermal projects will equate to an estimated11% increase in Glendale Water & Power's (GWP) Renewable Portfolio Standard.
  • Glendale Mayor Ara Najarian stated, "This agreement marks another successful milestone in Glendale's path towards its clean energy goals while maintaining a reliable power supply for Glendale.
  • Glendale Water & Power (GWP)is the City of Glendale's water and electric utility.

EMC Names its Top Utility Performers of 2019 for Customer Project Savings

Retrieved on: 
Thursday, February 27, 2020
Renewable energy policy, Renewable energy economy, Renewable energy law

PLYMOUTH, Minn., Feb. 27, 2020 /PRNewswire-PRWeb/ -- Recognizing that the potential for project savings is what makes its customers initiate or expand energy saving lighting, controls and IoT projects, EMC announced its top four utility performers of 2019.

Key Points: 
  • PLYMOUTH, Minn., Feb. 27, 2020 /PRNewswire-PRWeb/ -- Recognizing that the potential for project savings is what makes its customers initiate or expand energy saving lighting, controls and IoT projects, EMC announced its top four utility performers of 2019.
  • Their request for proposal (RFP) program helped EMC customers capture $250,000 in incentives and save 3.5 million kWh of energy.
  • Serving nearly 16 million people in Northern and Central California, Pacific Gas and Electric Company delivered $414,000 in incentives and 5.9 million kWh of energy savings for EMC projects in 2019.
  • Collaborative and responsive on EMC projects, the utility delivered $1.1 million in incentives savings with 3.4 million kWh of energy saved.

EPA Recognizes PM Hotel Group's Commitment To 100% Green Energy

Retrieved on: 
Wednesday, February 26, 2020
Energy, Renewable energy, Articles, Renewable energy policy, Climate change mitigation, Sustainable energy, Renewable energy economy, Renewable energy law, Renewable Energy Certificate, Feed-in tariff

As of January 2020, PM Hotel Group is exclusively purchasing Green power to meet 100% of the electricity needs for their entire hotel portfolio.

Key Points: 
  • As of January 2020, PM Hotel Group is exclusively purchasing Green power to meet 100% of the electricity needs for their entire hotel portfolio.
  • PM Hotel Group is the first Top-100 hotel management company in the U.S. to be recognized by the EPA and to take this portfolio-wide pledge.
  • Green power is a subset of renewable energy and includes only the renewable energy sources that provide the greatest environmental benefit.
  • PM Hotel Group's annual estimated green power usage of 3,561,814 kWh will be powered through a combination of REC purchases, bundled third-party supply agreements and utility green tariffs.

ICE to Recommence Emissions Auctions on Behalf of the UK Government Publishes Auction Calendar for 2020

Retrieved on: 
Friday, February 21, 2020
Finance, Energy, Environment, Professional services, Other Energy, Climate change policy, Carbon finance, Emissions trading, Climate change in the European Union, European Union Emission Trading Scheme, Renewable energy law, Commodity markets, Global warming, Climate change, New York Stock Exchange, Auction, Intercontinental Exchange

Aviation allowances (EUAAs) are scheduled to be sold during one auction on March 25, 2020.

Key Points: 
  • Aviation allowances (EUAAs) are scheduled to be sold during one auction on March 25, 2020.
  • In line with the Withdrawal Agreement, the UK will remain in the EU ETS until December 31, 2020.
  • ICE has conducted Phase III EUA auctions on behalf of the UK Government since November 2012 and the first EUAA auction on ICE took place in September 2014.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.