Energy Update
kWh Analytics, a leader in solar risk management, this week announced the first refinancing supported by the Solar Revenue Put. The portfolio of 41 projects, owned by AES, totaling approximately 28 MW DC of capacity is located in Arizona and Massachusetts. The portfolio is being funded by Silicon Valley Bank and a Japanese financial services company. Swiss Re Corporate Solutions, a leading global corporate insurer, is providing capacity for the Solar Revenue Put.
Global manufacturer Apple today announced it has nearly doubled the number of suppliers that have committed to run their Apple production on 100 percent clean energy, bringing the total number to 44. Because of this partnership between Apple and its suppliers, Apple will exceed its goal of bringing 4 gigawatts of renewable energy into its supply chain by 2020, with over an additional gigawatt projected within that timeframe.
Reducing accidents, making transport cleaner and economic potential are among the key drivers for a future of autonomous and electric vehicles, according to an industry expert. Lukas Neckermann,
Cities and renewable electricity have, respectively, become the habitat and energy of choice globally. The two are increasingly inseparable. Urbanization and electrification trends have turned cities and the grid into leading platforms for human activity, presenting unique opportunities for today’s utilities to partner with municipalities to achieve their smart city goals.
The executive directors of the World Bank have selected David R. Malpass to be the new president of the World Bank Group, for a five-year term that began April 9.
Students from the University of Sussex have helped contribute to the planting of over 54 million trees across Africa, South America and Indonesia by switching to an eco-friendly
Enel Foundation has signed a landmark agreement to become the exclusive Global Knowledge Partner of the 2019 Clarion Power and Energy series of events.
Consumers have reduced the amount of disposable plastic they use by 53% over the past year – with Sir David Attenborough’s most recent documentaries on climate change cited
(Thu, 11 Apr 2019) Working natural gas in storage in the Lower 48 states as of March 31, the traditional end of the heating season (November 1âMarch 31), totaled 1,137 billion cubic feet (Bcf), according to EIAâs Weekly Natural Gas Storage Report released on April 11. As of March 31, estimated working gas stocks were 491 Bcf (30%) lower than the current five-year (2014â18) average for the end of the heating season.
(Thu, 11 Apr 2019) Many U.S. households do not pay energy utilities or other suppliers directly for using electricity, natural gas, fuel oil, or propane but pay indirectly through rent, fees, or to a third party such as a housing authority. Data from the most recent Residential Energy Consumption Survey (RECS) show that, in 2015, 12.4 million of the nationâs 118 million households (11%) paid some or all of their energy costs indirectly.
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