Energy Update

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The European Commission has approved a €385 million (US$429.7 million) renewable energy scheme to support renewables generation in Lithuania, including hydroelectric power.

A year ago, Tesla Inc. lost its throne as king of the U.S. rooftop solar business to Sunrun Inc. Now, it may get relegated to third place.

The wind farm will produce renewable energy credits that, combined with the company’s previous agreement, should equal 100 percent of electricity used annually at General Mill’s domestic facilities.

The proposed £12bn deal between two of Britain’s biggest supermarkets had Sainsbury’s CEO Mike Coupe singing “we’re in the money” – but the decision from the UK competition

Solar energy is now providing the electricity for an entire village in Togo of 4000 people, powering streetlights, homes, schools and shops.

This week Sempra Energy subsidiary PXiSE Energy Solutions announced that Sempra-owned development company Infraestructura Energetica Nova (IEnova) would be using its software at the 110-MW Pima Solar facility located in Mexico to help manage the integration of renewable power to the electric grid.

Human imagination is the only thing limiting the potential of 5G as one of the most high-profile execs in telecoms says it will transform industry. Orange Business Services

Xcel Energy has completed the purchase of two wind energy projects in the Upper Midwest: 200-MW Blazing Star 2 in southwest Minnesota and 300-MW Dakota Range 1 and 2 in eastern South Dakota. 

Today, Smithfield Foods and Roeslein Alternative Energy (RAE) announced that they have formed a joint venture called Monarch Bioenergy to produce renewable natural gas (RNG) across Smithfield’s hog farms in Missouri.

Bank asset management is known to be an opaque subject. Thankfully, Diana Weis and Sarah Disch, each co-heads of the Solar Asset Management groups at their organizations, U.S. Bank and Wells Fargo Bank respectively, shared their expertise with me at SAMNA 2019. They each have over a decade of experience in solar finance. Here are three key takeaways bank asset management experts Weis and Disch shared:

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