Energy Update

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Energy-focused blockchain investment fund Solar DAO yesterday started the preliminary initial coin offering (ICO) for its two-stage crowdfunding campaign to raise funds for the construction of new solar PV plants.
 

Bay State Wind last week said that it has received federal approval for a site assessment plan (SAP) for its wind farm in Massachusetts near Martha’s Vineyard, and has moved forward with measurement of lease site conditions.

I Squared Capital, the infrastructure investment firm, is among suitors preparing bids for Equis Energy’s renewable power business, people with knowledge of the matter said.

(Fri, 28 Jul 2017) Aliso Canyon, California’s largest underground natural gas storage facility, was cleared on June 19 by the California Public Utilities Commission (CPUC) and Division of Oil, Gas, and Geothermal Resources to increase injections above earlier imposed limits.

A clean energy financing program in Michigan reached a milestone last month when it helped homeowners and businesses install 1 MW of solar energy across the state.

A massive open-pit copper mine might not be the first thing that comes to mind when thinking about solar power. But the construction of photovoltaic panels actually requires a wide range of metals and minerals to build. Nineteen, to be exact, including silica, indium, silver, selenium and lead. Most can be found or produced in Canada.

SunEdison Inc. won final approval for a bankruptcy plan that will leave what was once the world’s largest renewable-energy firm as a shell of its former self, with nothing for shareholders whose investment at one point had been worth about $10 billion.

The US propylene market is looking bearish for the second half of 2017 as a major capacity addition in the US Gulf Coast is expected to further lengthen supply and lead to more exports, which have already been on the rise.

(Thu, 27 Jul 2017) The amount of natural gas used for electricity generation, also known as power burn, reached its highest daily level so far in 2017 during the past week, exceeding 41 billion cubic feet (Bcf) on July 20, according to data from PointLogic Energy.

Teekay Corporation (Teekay or Teekay Parent) and Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced that they have agreed to enter into a strategic partnership with Brookfield Business Partners L.P., together with its institutional partners (collectively Brookfield).

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