NYSERDA

KBRA Assigns Preliminary Ratings to New York State Energy Research and Development Authority Residential Clean Energy and Energy Efficiency Financing Green Revenue Bonds, Series 2023A

Retrieved on: 
Monday, August 7, 2023
Banking, Professional Services, Finance, KBRA, Issuer, Development, Article, Title IX, NYSERDA, ABS, Bankruptcy Code, Authority, Security (finance), Telescopic sight

KBRA assigns preliminary ratings to a term bond issued by New York State Energy Research and Development Authority Residential Clean Energy and Energy Efficiency Financing Green Revenue Bonds, Series 2023A (“NYSERDA 2023A”), a consumer solar loan and home improvement loan ABS transaction.

Key Points: 
  • KBRA assigns preliminary ratings to a term bond issued by New York State Energy Research and Development Authority Residential Clean Energy and Energy Efficiency Financing Green Revenue Bonds, Series 2023A (“NYSERDA 2023A”), a consumer solar loan and home improvement loan ABS transaction.
  • The serial bonds have maturity dates ranging from 2024 through 2032 and the term bonds mature in 2038.
  • The transaction is structured with all bonds supported by overall enhancement of 44.10% (overcollateralization plus amounts deposited into the reserve account).
  • This transaction represents New York State Energy Research and Development Authority’s (“NYSERDA” or the “Authority”) first term ABS securitization of 2023 and fifth KBRA-rated securitization.

Moms First Convenes Business Leaders with Biden-Harris Administration Officials to Announce Bold Commitments to Expand Child Care

Retrieved on: 
Thursday, July 20, 2023
Semiconductor, Pinterest, Coalition, PayPal, The Century Foundation, Gap Inc., Karin Slaughter, Development, Investment, Housekeeping, Policy, House, The Adecco Group, Commerce, Boston Consulting Group, White House, DoorDash, Research, Wind, Organization, Athlete, Business, Child, Intel, White House Gender Policy Council, Child care, White, Private sector, United Way, Kaiser Permanente, Parent, Assistant, BCG, Chobani, New York State Energy Research and Development Authority, Johnson & Johnson, NYSERDA, Salesforce, Workforce, Partnership, Woman, WW International, Etsy, Care.com, Management, Health care, Amusement park, Birth control, Renewable energy, Nursing, Tutoring, Health insurance, Dollywood, Theory, Uniqlo

WASHINGTON, July 20, 2023 /PRNewswire/ -- Moms First, a national non-profit fighting for the structural supports moms need to thrive, yesterday convened business leaders from across industries for a series of events in Washington with the Biden-Harris Administration to celebrate bold new commitments to expand child care for American workers. Secretary of Commerce Gina Raimondo addressed corporate leaders at a luncheon event, which was followed by an intimate roundtable on child care with senior officials at the White House.

Key Points: 
  • Secretary of Commerce Gina Raimondo addressed corporate leaders at a luncheon event, which was followed by an intimate roundtable on child care with senior officials at the White House.
  • "As families across the country struggle to find quality, affordable child care, the private sector is emerging with innovative solutions to support their employees' child care needs, and in doing so demonstrating the business case for broader investments in child care," said Reshma Saujani, founder and CEO of Moms First.
  • Yesterday's events marked the anniversary of Moms First's National Business Coalition for Child Care, an initiative launched by the non-profit last year to galvanize the private sector to take action on child care.
  • Tenaris: Tenaris supports over 3,000 manufacturing employees by offering child care benefits through WeeCare and a child care stipend to reduce the cost of care.

River Architects Carbon-Neutral Revitalization Project Awarded $1.1 Million in New York State Grant Competitions

Retrieved on: 
Thursday, July 20, 2023
Carbon, Bank Lofts, PLLC, Development, First National Bank, Gilding, New York State Energy Research and Development Authority, NYSERDA, Cold Spring, ADA, Interior design

RICHFIELD SPRINGS, N.Y., July 20, 2023 /PRNewswire/ -- A new plan to transform a long-vacant 19th-century bank building in downtown Richfield Springs, NY, into a clean, resilient, and energy-efficient multifamily residence with ground-floor commercial space has been awarded more than $1 million in grant funding administered by the New York State Energy Research and Development Authority (NYSERDA). The Bank Lofts—spearheaded by owner/developers Faith E. Gay and Francesca Zambello of Mohawk Valley–based Dooalot, LLC, and designed by River Architects, PLLC, of Cold Spring, NY—is one of 10 regionally significant projects to share $12 million in support as part of the state's Carbon Neutral Community Economic Development program. River Architects, PLLC's design also won statewide recognition and support in the latest round of NYSERDA's Buildings of Excellence competition (early stage design component), which spotlights plans for multifamily buildings that demonstrate replicable decarbonization solutions straight from the drawing board. Both awards aim to encourage carbon-neutral building projects that model safe, healthy, comfortable living spaces for the people who occupy them and attractive long-term business opportunities for owners.

Key Points: 
  • River Architects, PLLC's design also won statewide recognition and support in the latest round of NYSERDA's Buildings of Excellence competition (early stage design component), which spotlights plans for multifamily buildings that demonstrate replicable decarbonization solutions straight from the drawing board.
  • Award-winning architect Juhee Lee-Hartford of River Architects will direct the $2.5 million retrofit in close collaboration with fellow passive building specialist Josh Edmonds, of Otsego County–based Simple Integrity .
  • The design will also repurpose the Gilded Age–era building's walk-in vault, mosaic-tile flooring, and marble and brass details—further preserving historic character while reducing waste.
  • The project team views the mixed-used revitalization of the landmark building as a potential boost for the Richfield Springs community, which earned renown and prosperity as a 19th-century spa resort .

NineDot Energy Closes $25 Million Revolving Credit Facility with NY Green Bank (NYGB)

Retrieved on: 
Thursday, July 20, 2023
Environment, Commercial Building & Real Estate, Construction & Property, Environmental Issues, Urban Planning, Utilities, Building Systems, Alternative Energy, Energy, Multimedia, Carbon, Global warming potential, Climate Leadership and Community Protection Act, Development, CLCPA, Climate change, New York State Energy Research and Development Authority, NYSERDA, Renewable energy, Cryptocurrency

NineDot Energy ®, a leading developer of community-scale clean energy projects, today announced the closing of a new $25 million revolving credit debt facility provided by NY Green Bank (NYGB) , a division of the New York State Energy Research and Development Authority (NYSERDA) .

Key Points: 
  • NineDot Energy ®, a leading developer of community-scale clean energy projects, today announced the closing of a new $25 million revolving credit debt facility provided by NY Green Bank (NYGB) , a division of the New York State Energy Research and Development Authority (NYSERDA) .
  • This facility is the first purely energy storage transaction completed by NYGB.
  • (Photo: Business Wire)
    “We’re excited, proud and grateful that such a forward-looking institution saw the value in helping us achieve our vision,” said David Arfin, NineDot Energy CEO and Co-founder.
  • Andrew Kessler, NY Green Bank’s President, said, “We are thrilled to complete this innovative financing transaction with NineDot Energy in support of community-scale battery storage that is critical to New York’s decarbonization efforts.

New Offshore Wind Innovation Hub Announces First Selections for its Accelerator Program

Retrieved on: 
Monday, June 26, 2023
Professional Services, Sustainability, Alternative Energy, Energy, Environment, Other Manufacturing, Green Technology, Science, Engineering, Environmental, Social and Governance (ESG), Manufacturing, Other Science, Benchmark, BP, NYU Tandon School of Engineering Lynford Lecture Series, GPS, Life, Cohort, International Disability and Development Consortium, Electricity, New York Public Service Commission, Data collection, Disbursement Acceleration Program, Public Service Commission, Innovation Hub, Multimedia, Municipal council, Competitive landscape, Mentorship, Climate Leadership Council, Government, Wind, Creativity, Federal City Council, Traction, City, New York University Tandon School of Engineering, OSW, CLCPA, Virtual reality, Economic development, NYCEDC, New York City Economic Development Corporation, VINCI, Weather, NYSERDA, Climate Leadership and Community Protection Act, OSC, Renewable energy, Equinor

The Offshore Wind Innovation Hub today announced the first round of start-up companies selected to receive support to develop innovative ideas designed to unleash the potential of offshore wind.

Key Points: 
  • The Offshore Wind Innovation Hub today announced the first round of start-up companies selected to receive support to develop innovative ideas designed to unleash the potential of offshore wind.
  • View the full release here: https://www.businesswire.com/news/home/20230626305468/en/
    Tone Søndergaard, Director of the Offshore Wind Innovation Hub (Photo: Business Wire)
    Launched in January 2023 to help develop promising start-ups that drive new innovation in the offshore wind industry, the Offshore Wind Innovation Hub is led by Equinor and bp in collaboration with Urban Future Lab at NYU Tandon School of Engineering , and National Offshore Wind R&D Consortium .
  • The Offshore Wind Innovation Hub provides a one-of-a-kind experience for startups to further develop their technologies on the ground as we’re developing America’s offshore wind energy future right here in New York City.
  • We look forward to working with The Offshore Wind Innovation Hub to build a nation-leading ecosystem and more inclusive future for all New Yorkers.”
    “The Offshore Wind Innovation Hub provides a great opportunity for innovators to bring their unique technology advancements into offshore wind.

The Carbon to Value Initiative Announces Year Three Startup Cohort for Carbontech Accelerator Program

Retrieved on: 
Wednesday, June 21, 2023
GMC, NRG, Interim, Partnership, Food, Electrolysis, Fraunhofer Society, Atmosphere, Consulate, New York University Tandon School of Engineering, Initiative, CLC, Government, NYU Tandon Online, Organization, Plasma, CDR, Development, UFL, Consulate General of Canada, Chicago, Seawater, Climate change, U-Boat Worx, New York State Energy Research and Development Authority, XPRIZE, BASF, MRV, Ecosystem, NYSERDA, Fraunhofer, CO2, NYU Tandon School of Engineering Lynford Lecture Series, Cryptocurrency, Renewable energy, Palladium, Landfill, Aquaculture, Management, Unilever

SOMERVILLE, Mass. and NEW YORK, June 21, 2023 /PRNewswire/ -- The Carbon to Value Initiative (C2V Initiative)—a multi-year collaboration of the Urban Future Lab at NYU Tandon School of Engineering (UFL), Greentown Labs, and Fraunhofer USA, which is supported by the New York State Energy Research and Development Authority (NYSERDA)—has selected eight startups for the third year of its carbontech accelerator program.

Key Points: 
  • Capture6 (Oakland, California, U.S.) removes carbon from the atmosphere while producing clean water and other industrial products from seawater or other saltwater inputs.
  • Carbon To Stone (Ithaca, New York, U.S.) is developing a carbon mineralization technology coupled with high-value minerals and metals recovery.
  • Dioxycle (Paris, France / Menlo Park, U.S.) is building an electrolysis platform to convert carbon emissions into chemicals and fuel building blocks.
  • We look forward to helping this exceptional startup cohort engage with the CLC and make meaningful progress toward commercializing their carbon capture and conversion technologies."

Venture For ClimateTech Selects 20 Early-Stage Companies to Advance Innovations, Reduce Carbon Emissions, and Fight Climate Change

Retrieved on: 
Tuesday, June 13, 2023
Cohort, Nitrous oxide, Sunlight, Laboratory for Laser Energetics, Haber process, Transport, Terra Venture Partners, University, EV, Electronics, Heliotrope, ARPA, HVAC, Ammonia, Machine learning, Solar energy, Climate, Nitrogen, Capital expenditure, MIT, Carbon, Automation, Climate change, Battery, NYSERDA, Water resources, Hydrogen, Tree, Tenant, Public expenditure, Solarmer Energy, Inc., Silicon, Active surface, CO2, Renewable energy, Fertilizer, Electric battery, ISR

ROCHESTER, N.Y., June 13, 2023 (GLOBE NEWSWIRE) -- Venture For ClimateTech has selected 20 early-stage companies to participate in its third cohort and advance innovations to reduce carbon emissions and fight climate change.

Key Points: 
  • ROCHESTER, N.Y., June 13, 2023 (GLOBE NEWSWIRE) -- Venture For ClimateTech has selected 20 early-stage companies to participate in its third cohort and advance innovations to reduce carbon emissions and fight climate change.
  • Venture For ClimateTech is a global non-profit venture studio + accelerator that removes obstacles that new innovators face when trying to bring ideas to market.
  • This year, the program is doubling the size of its cohort from an average of 10 companies to 20.
  • With this track record of Venture For ClimateTech, we’re confident in scaling our program to serve even more early-stage companies,” said Jack Baron, Venture For ClimateTech’s managing director.

Krasdale Foods and PowerFlex Launch the Largest Solar System in the Bronx

Retrieved on: 
Wednesday, June 14, 2023
Environment, Environmental Issues, Other Energy, Environmental Health, Utilities, Alternative Energy, Sustainability, Green Technology, Energy, Climate, State, Dell Technologies PowerFlex, EV, Atmosphere, Marketing, Multimedia, Carbon, Forest, Development, EPA, Community, Climate change, Investment, New York State Energy Research and Development Authority, Solar energy, NYSERDA, Renewable energy, Krasdale Foods

“Krasdale Foods is stepping up to offset those emissions and power up solar energy in Hunts Point with the Bronx’s largest solar power installation.

Key Points: 
  • “Krasdale Foods is stepping up to offset those emissions and power up solar energy in Hunts Point with the Bronx’s largest solar power installation.
  • Residents of the Bronx can subscribe to the project and receive credits on their electricity bill for a portion of the solar energy generated.
  • “We are proud to partner with PowerFlex on this monumental community solar project,” said Gus Lebiak, Krasdale’s president and COO.
  • “This community solar system will harness the clean energy of the sun to power Krasdale’s operations, as well as hundreds of families in the Bronx.

Blink Charging Deploys 34 Electric Vehicle Chargers in the Village of Tuckahoe, New York

Retrieved on: 
Tuesday, June 6, 2023
Village, Columbus Avenue, EV, AC, BLNK, Development, NY, Historic site, Recreation, Level 2, Depot Square Historic District (Randolph, Vermont), New York State Energy Research and Development Authority, Metro-North Railroad, Consolidated Edison, Growth, NYSERDA, Rail transport

Miami Beach, FL, June 06, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announcement the deployment and installation of 34 chargers at eight locations throughout the Village of Tuckahoe, NY, building a significant EV charging infrastructure for the Village.

Key Points: 
  • Miami Beach, FL, June 06, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announcement the deployment and installation of 34 chargers at eight locations throughout the Village of Tuckahoe, NY, building a significant EV charging infrastructure for the Village.
  • “Electric vehicle adoption in the New York metropolitan area is strong, and additional infrastructure is needed to support growth.
  • Tuckahoe has demonstrated vision and forward thinking to meet the needs of EV drivers in the area,” said Michael Battaglia, Chief Revenue Officer for Blink Charging.
  • The charging stations support New York State’s goal of having 100% zero-emission passenger vehicle sales by 2035.

GRNE Solar Expands to Albany, New York, Establishing its Presence in the Northeast

Retrieved on: 
Thursday, June 1, 2023
Development, EPC, NYSERDA, New York's Reforming the Energy Vision, Firefighters Association of the State of New York, New York State Energy Research and Development Authority, Renewable energy

This expansion marks an important milestone as GRNE Solar extends its footprint in the Northeast, meeting the growing demand for renewable energy in New York and surrounding states.

Key Points: 
  • This expansion marks an important milestone as GRNE Solar extends its footprint in the Northeast, meeting the growing demand for renewable energy in New York and surrounding states.
  • With a comprehensive range of services, the Albany branch will focus on delivering quality solar installations for residential, commercial, and utility-scale projects.
  • "We are thrilled to bring GRNE Solar's expertise and commitment to sustainability to the Northeast," said Eric Peterman, chief executive officer of GRNE Solar.
  • For more information about GRNE Solar's services or to inquire about potential solar installations in the Albany area, please visit www.grnesolar.com .