Showing posts with label US. Show all posts
Showing posts with label US. Show all posts

Tuesday, May 10, 2011

Vestas wins 102 MW Tehachapi Project from Brookfield and Coram

Vestas has received a 102 MW order for 34 V90-3.0 MW turbines for a wind-energy project in Tehachapi, California, USA, owned by Brookfield Renewable Power (“Brookfield”) and Coram California Development Management, LLC (“CCDM”).

The contract includes delivery and commissioning along with a two-year service and maintenance agreement. Delivery is scheduled for the second half of 2011 and commissioning is expected in late 2011.

“We look forward to working with Brookfield and Coram to bring cost-effective, predictable and clean wind energy to California,” said Martha Wyrsch, President of Vestas Americas. “The V90-3.0 MW is designed to operate in areas of medium-to-high winds, so it is the ideal turbine for this site.”

This project will provide direct and indirect economic benefits to Kern County with long-term jobs and property-tax revenues generated from the turbines.

“This high-quality wind-power project complements our strategy of expanding our renewable power presence in California,” said Kim Osmars, COO of Brookfield Renewable Power’s U.S. Operations. “This order represents an important project milestone, and completion of the facility is expected to bring Brookfield’s North American wind portfolio to more than 600 megawatts of installed capacity by the end of 2011.”

Brookfield recently began construction of the Granite Reliable Wind Project in New Hampshire, which is using 33 V90-3.0 MW turbines from Vestas.

Once this California project is finished, Vestas will have 1,255 MW of its industry-leading wind turbines throughout the state.

“Coram has been working on this development for several years and is proud to be working with Brookfield and Vestas to finally bring it to market,” said Brian O’Sullivan, President of CCDM. “We look forward to doing future projects with both Brookfield and Vestas.”
www.vestas.com

Tuesday, February 08, 2011

45 MW Order for Nordex - Idaho project / CG Power Solutions

Nordex USA, Inc. continues its run of good news into 2011 by announcing a new order from CG Power Solutions USA, Inc. (formerly MSE Power Systems), the US subsidiary of Crompton Greaves Ltd., which is a global leader in power transmission and distribution headquartered in India.

The 45 MW project in Power County – Nordex’ first project in Idaho – will use 18 of Nordex’ N100 2.5 MW turbines, and the contract includes delivery, installation, commissioning and testing of the turbines along with a maintenance and service agreement. This is CG’s first project as a developer and investor into a wind project in the United States, extending its activities beyond its widely recognized role as a substation, transmission engineering and EPC contractor. CG has completed grid interconnection for nearly 25% of all wind power installed in the USA.

“We are especially pleased that CG Power selected our turbines for this wind project,” said Ralf Sigrist, President & CEO of Nordex USA. “They bring their unique expertise and reputation as one of the top companies worldwide in transmission infrastructure to this project. We also look forward to possible future collaboration for mutual benefit and for the benefit of our customers and operators.”

This is the third order Nordex has received since the dedication of its new nacelle production plant in Jonesboro, Arkansas at the end of October. The fact that the turbines will be supplied from this facility is a key attraction for CG Power Solutions, which is committed to maximizing domestic content. Mark Scher, President of CG Power Solutions USA Inc, commented, “We have been very impressed by the Nordex manufacturing facilities and their commitment to quality at every step. We are eager to get started utilizing this utility scale turbine, which offers a unique fit for this Idaho project.”

The Power County project is construction-ready, and delivery of turbines will begin in mid-May with construction scheduled to be completed by September 2011. The site is in southeast Idaho, approximately 10 miles south of American Falls and approximately 20 miles southwest of Pocatello.

Tuesday, September 01, 2009

Recovery Act: $500 Million awarded for clean energy projects

Marking a major milestone in the effort to spur private sector investments in clean energy and create new jobs for America’s workers, Treasury Secretary Tim Geithner and Energy Secretary Steven Chu today announced $502 million in the first round of awards from an American Recovery and Reinvestment Act (Recovery Act) program that provides cash assistance to energy production companies in place of earned tax credits. The new funding creates additional upfront capital, enabling companies to create jobs and begin construction that may have been stalled until now.

“The Recovery Act is investing in our long-term energy needs while creating jobs in communities around the country,” said Treasury Secretary Tim Geithner. “This renewable energy program will spur the manufacture and development of clean energy in urban and rural America, allowing us to protect our environment, create good jobs and revitalize our nation’s economy.”

Said Secretary Chu: “These grants will help America's businesses launch clean energy projects, putting Americans back to work in good construction and manufacturing jobs. The initiative will help double our renewable energy capacity over the next few years and make sure America leads the world in creating the clean energy economy of the future.”

Created under Section 1603 of the Recovery Act, the program is expected to provide more than $3 billion in financial support for clean energy projects by providing direct payments in lieu of tax credits. These payments will support an estimated 5,000 bio-mass, solar, wind, and other types of renewable energy production facilities in all regions of the country over the life of the program. As a result of this first round of funding, more than 2,000 Americans will have access to jobs in the renewable energy industry – both in construction and in manufacturing – while moving the nation closer to meeting the Administration's goal of doubling renewable energy generation in the next few years.

The Treasury Department opened the application process for the 1603 program on July 31, 2009 and is today making the first awards in half the statutorily mandated turnaround time of 60 days. The list of grantees.

Wednesday, July 29, 2009

Unlocking Energy Efficiency in the US Economy: $ 700 Bn potential

McKinsey & Company offers a detailed analysis of the magnitude of the efficiency potential in non-transportation uses of energy, a thorough assessment of the barriers that impede the capture of greater efficiency, and an outline of the practical solutions available to unlock the potential.

The research shows that the U.S. economy has the potential to reduce annual non-transportation energy consumption by roughly 23 percent by 2020, eliminating more than $1.2 trillion in waste – well beyond the $520 billion upfront investment (not including program costs) that would be required. The reduction in energy use would also result in the abatement of 1.1 gigatons of greenhouse gas emissions annually – the equivalent of taking the entire U.S. fleet of passenger vehicles and light trucks off the roads.

Such energy savings will be possible, however, only if the United States can overcome significant sets of barriers. These barriers are widespread and persistent, and will require an integrated set of solutions to overcome them – including information and education, incentives and financing, codes and standards, and deployment resources well beyond current levels.

In addition to the above central conclusion, five observations will be relevant to a national debate about how best to pursue energy efficiency opportunities of the magnitude identified and within the timeframe considered in this report.

Specifically, an overarching strategy would need to:
- Recognize energy efficiency as an important energy resource that can help meet future energy needs while the nation concurrently develops new no- and low-carbon energy sources
- Formulate and launch at both national and regional levels an integrated portfolio of proven, piloted, and emerging approaches to unlock the full potential of energy efficiency
- Identify methods to provide the significant upfront funding required by any plan to capture energy efficiency
- Forge greater alignment between utilities, regulators, government agencies, manufacturers, and energy consumers
- Foster innovation in the development and deployment of next-generation energy efficiency technologies to ensure ongoing productivity gains.

Full report available on: http://www.mckinsey.com/clientservice/electricpowernaturalgas/US_energy_efficiency/

Tuesday, July 28, 2009

SolarCity Introduces Solar Lease to Customers of Nation’s Largest Municipal Utility

SolarLease™ Makes It Possible for LADWP Customers in Los Angeles Area to Adopt Solar Power for Less Than They Previously Paid for Electricity, and Save Money from Day One

SolarCity® today announced the availability of its award-winning solar leasing option (SolarLease™) to customers of Los Angeles Department of Water and Power (LADWP), the nation’s largest municipal utility. SolarCity’s lease combines with LADWP’s generous solar rebates, among the highest of any U.S. utility, to make solar power as affordable for Los Angeles homeowners as anywhere in the nation. A SolarCity solar lease of a 4-kilowatt solar system, appropriate for a typical 3-bedroom home in Los Angeles, would start at $55 per month, with no money down, on approved credit.

LADWP provides more than 1.4 million customers in the Los Angeles area with electricity. Erik Solter, a homeowner in Canoga Park in the San Fernando Valley, is among the first group of LADWP customers to sign up for SolarLease. “I’ve always wanted to be greener but I’ve been waiting for an option that makes financial sense,” says Solter. “With SolarCity’s SolarLease I can adopt solar power for less than I used to pay for electricity and help LADWP conserve energy.”

SolarCity’s solar leasing option for LADWP customers is a 20-year lease with fixed monthly payments for the life of the lease, so savings increase over time if electricity rates rise. The first month’s payment is due when the system is turned on. SolarCity’s lease option includes financing, design, installation, a performance guarantee, the company’s Web-based SolarGuard™ monitoring service, and repair service.

“LADWP and Mayor Villaraigosa are continually working to increase the use of solar power in Los Angeles,” said Lyndon Rive, CEO of SolarCity. “More than 1,000 LADWP customers have already inquired about our solar lease option, and we’re hiring 25 new installers in the Los Angeles area to help meet the demand.”

SunRun: Home solar financing pioneer expands with new funding

SunRun, the leading provider of home solar power, today announced it closed a Series B round of funding for $18 million led by Accel Partners and joined by existing investor, Foundation Capital. SunRun plans to use the funding to meet strong demand for its popular residential solar service, expand into new markets and build on the Company's recent successes.

The Company has experienced rapid growth since its founding in early 2007, marked by expansions outside of its initial California market into Massachusetts and Arizona in early 2009, and has achieved 300 percent growth this calendar year alone. This funding round follows U.S. Bancorp's commitment in November 2008 for project financing for up to $105 million in solar facilities and a $12 million Series A financing round led by Foundation Capital in June 2008. Rich Wong from Accel Partners will join SunRun's Edward Fenster and Lynn Jurich, Charles Moldow from Foundation Capital and David Buzby, also Chairman of SunEdison, on the Company's Board of Directors.

SunRun makes it affordable and turnkey for homeowners to switch to solar power by delivering immediate savings on utility bills with minimal start-up cost. For as little as $1,000 down, SunRun will arrange to purchase customized home solar equipment from an authorized local solar contractor and then sell the solar electricity at a fixed, discounted rate lower than the homeowner's current electricity bill. Over time, as utility rates increase, the homeowner accumulates significant savings.

"Getting solar is one of the most important things homeowners can do to make a positive impact on their local environment and monthly expenses," said Edward Fenster, CEO of SunRun. "Most people don't have $30,000 to spend on solar equipment and don't want to worry about taking care of a $50,000 asset. SunRun makes solar a reality for people who wouldn't otherwise have considered it, and we're finally at the point where it makes financial sense as well as environmental sense for a majority of homes."

CEO Edward Fenster and President Lynn Jurich started SunRun as classmates at Stanford's Graduate School of Business with the mission of making renewable energy both affordable and economically viable. The Company's first system was on the roof of Fenster's home in San Francisco, and today SunRun provides solar electricity to more than a thousand customers.

The Company's unique approach includes partnering with locally-based solar companies that help generate local green jobs. SunRun carefully selects high-quality installers in each of the markets it serves. As demand for SunRun's service grows, so do jobs with SunRun's local installation partners.

Accel Partners is a leading venture capital and growth equity firm specializing in groundbreaking companies across multiple industries including Internet, clean technology, digital media, software and communications. Accel has backed the market leaders that have sparked significant revolutions in their categories, such as: Facebook, Glam, Admob, Trulia, RealNetworks, UUNet, MetroPCS, BBN, Arrowpoint, Macromedia, XenSource, Walmart.com, Zimbra and many others.

"SunRun has emerged as the leading residential solar player by removing the largest obstacles to adoption, expanding affordability to the masses and reducing complexity for the consumer," said Rich Wong, Accel Partners board member and lead investor. "Accel has helped build companies such as Facebook into global leaders, and we see that same potential in SunRun. We're thrilled to be a part of SunRun's bright future."

"SunRun's pioneering approach to home solar makes it easy and affordable for many homeowners to make the switch to clean energy," said Steve Vassallo, venture partner at Foundation Capital. "Whether it was with Netflix, which dreamed of changing the way videos are rented, or SunRun, which is enabling solar for the masses, Foundation Capital has been very fortunate to invest in some of the world's most successful, mission-driven entrepreneurs."

Monday, July 27, 2009

Suniva Inc. Receives $75 Million In Funding For Expansion Of Manufacturing Capacity

Suniva Inc., a manufacturer of high value monocrystalline silicon solar cells, today announced the completion of a $75 million Series C financing round, led by Warburg Pincus, a leading global private equity firm. Also participating in the round were APEX Venture Partners and returning investors New Enterprise Associates (NEA), HIG Ventures and Advanced Equities.

“Most solar is undifferentiated,” said Chansoo Joung, a managing director at Warburg Pincus, “that’s not the case with Suniva. Their cell design and roadmap for commercialization is extremely compelling and represents a unique value proposition for customers.”

Suniva’s high-quality monocrystalline solar cells incorporate multiple proprietary design elements that allow them to achieve best-in-class efficiencies. Additionally, Suniva reduces the time and cost associated with commercializing new solar technology by developing its innovative designs in incremental stages. Suniva currently manufactures ARTisun™ series solar cells with conversion efficiencies above 18 percent, while being manufactured with low-cost, high-throughput techniques.
Joung went on to add, “Warburg Pincus seeks out businesses that have an important role to play both in the near and long term. As the solar industry grows, Suniva is well positioned, delivering the leading combination of high efficiency and low-cost manufacturing.”

In October 2008, Suniva completed the installation of its first manufacturing line and began production of its first-generation solar cells, marking one of the fastest production ramp-ups to date in solar manufacturing. Keeping pace, Suniva will complete the installation of its second, 64 MW manufacturing line in its Norcross facility this summer.

“In a year when most companies lowered their expectations, the investment community recognized Suniva’s ability to execute,” said John Baumstark, CEO of Suniva. “Our technology delivers the performance, cost and quality needed for solar’s next phase of growth. With this funding round, we will continue to execute on our business plan as we move into promising solar markets here in the U.S. and worldwide.”

Warburg Pincus managing directors Chansoo Joung and Dr. Henry Kressel will join Suniva’s board of directors alongside current board members PM Pai, former COO of SunPower; Dr. Kedar Gupta, GT Solar founder and former CEO, and NEA partners Harry Weller, Ravi Viswanathan and Jon Sakoda. Also on the board are Suniva founder and CTO Dr. Ajeet Rohatgi, recent recipient of the 2009 EPA Climate Protection Award, and Suniva CEO, John Baumstark.

Tuesday, July 21, 2009

Advanced Telemetry gets funding for Energy Management solutions

Advanced Telemetry, developer of the “EcoViewTM“ smart energy and resource management system for business and residential applications, today announced that it has successfully closed its Series B investment round with funding lead by Quercus Trust and a co-investment from 21Ventures. Both Quercus Trust and 21Ventures were investors in Advanced Telemetry’s Series A round. The funds will be used to increase production and to expand sales channels of EcoView Residential and EcoView Commercial.

EcoView Commercial has been installed with franchisees of some of the nations largest quick service and full service restaurants including Taco Bell, Burger King, Arby’s, Jim ‘N Nick’s Bar-B-Q and others and has won substantial acclaim from customers and distributors for its ease of installation, industry leading price point, substantial functionality, and rapid return on investment. Demand for EcoView Commercial has surged along with the number of company’s vying to distribute the technology since, through an escalating number of real world installations, the user-friendly system has proven its ability to reduce utility bills by as much as 25% and deliver a return on investment in a few short months.

"We are very excited to welcome Quercus Trust and 21Ventures as investors in this round. They have been strong supporters of Advanced Telemetry since inception and these funds will help us achieve the vast potential of our Company to bring our robust, cost effective energy management solution to small commercial buildings and residences," said Gus Ezcurra, CEO of Advanced Telemetry.

"Advanced Telemetry continues to be an industry leader with its unique approach to energy management for the underserved small commercial market and the residential market. We are proud that Advanced Telemetry is one of the few enterprise level solutions that is available now in the marketplace and currently saving its customers substantial dollars by reducing their energy bills, and staying true to its commitment to the environment by reducing its customers’ energy consumption and greenhouse gas emissions," said David Anthony, managing partner for 21Ventures.

EcoView Commercial transforms how electricity and other precious resources are conserved both at home and in business, resulting in considerable monetary savings and a smaller carbon footprint. Controlled through a simple-to-install wireless touch panel “dashboard” or web interface and completely independent of a utility company, the system helps business users understand and track how they are consuming resources.
www.advancedtelemetry.com

Thursday, July 16, 2009

Chu Announces Joint U.S.-China Building Efficiency MOU

After touring the "America House," a U.S. designed demonstration of cutting edge "zero energy" building technology, U.S. Energy Secretary Steven Chu today announced a new agreement between the U.S. Department of Energy (DOE) and the Chinese Ministry of Urban-Rural Development (MOHURD) to foster collaboration and partnership in the development of improved, more efficient building designs as well as sustainable communities that rely on greater use of renewable energy.

"Making buildings more efficient represents one of the greatest, and most immediate opportunities we have to create jobs, save money, save energy and reduce carbon pollution," said Secretary Chu. "Our goal should be buildings that are 80 percent more efficient. Doing so will save families money and create millions of jobs in both countries."

Under the agreement, the United States and China will exchange experts and technicians to learn from each other's experiences with efficient building technologies, including: high-performance HVAC, insulation, lighting, cold storage, geothermal heat pumps, building-integrated photovoltaics and solar thermal systems.

The United States and China will jointly conduct analyses of lessons learned from international experience with energy-efficient buildings and communities. They will examine options for policy incentives or regulatory reform to encourage energy-efficient development in China.

The two nations will also explore the feasibility of a joint project in China to demonstrate green buildings, building energy savings and renewable energy technologies. The U.S. Government will provide support for MOHURD's ''eco-cities'' initiative, which aims to build integrated green cities that are sustainably designed, use renewable power and have efficient and modern transportation systems. The two nations will collaborate on the development of standards and guidelines for eco-cities.

In the United States, 75 percent of all electricity generated at power plants is used to operate buildings. China is expected to build the equivalent of the entire U.S. building stock in the next 15 years. Nearly half the new floor space built in the world every year is built in China.

Buildings use around 40 percent of energy globally and account for nearly half of greenhouse gas emissions. But at least 30 percent of emissions from the building sector could be eliminated at no net cost by simply upgrading old buildings and using modern equipment in new buildings.

With this announcement, the U.S. and China recognize that improving energy efficiency in buildings will benefit both nations, and that by working together they can accelerate the adoption of new clean energy technologies.

The memorandum of understanding (MOU) on energy-efficient buildings and communities was signed yesterday on behalf of the United States by David B. Sandalow, Assistant Secretary of Policy and International Affairs at the Department of Energy, and on behalf of China by Qiu Baoxing, Vice Minister of MOHURD.

FERC reaffirms need for demand response in organized electric markets

The Federal Energy Regulatory Commission (FERC) today reaffirmed that demand response directly affects rates in organized wholesale electric markets and, therefore, removing barriers to demand response is consistent with FERC’s duty to ensure the sound operation of those markets.

The Commission’s statement today came in a rehearing order on its landmark October 2008 rule, Order No. 719, which seeks to improve the competitiveness of organized wholesale electric markets by removing barriers to demand response and by encouraging long-term power contracts, enhancing the role of market monitors and increasing the responsiveness to customers and other stakeholders of the boards of directors of regional transmission organizations (RTO) and independent system operators (ISO) that run the organized markets.

“Incorporating demand response is essential to fulfilling the Commission’s fundamental responsibility to ensure that energy markets produce just and reasonable rates,” FERC Chairman Jon Wellinghoff said. “That is good for consumers across the board.”

FERC stressed in today’s order that it is not challenging the roles of states and others to decide the eligibility of retail customers to provide demand response to wholesale markets. Indeed, with today’s order, FERC signaled flexibility in that area by adopting a plan under which market operators may not accept bids that include aggregated demand response provided by customers of small utilities that distributed up to 4 million megawatt hours during the previous year, unless a small utility’s retail regulator authorizes such aggregation. RTOs and ISOs may continue to accept bids from companies that aggregate demand response provided by customers of larger utilities, unless the relevant retail regulator prohibits those customers from participating in wholesale markets.

Organized market regions are those areas in which an RTO or ISO operates a day-ahead and/or real-time energy market. Regions with organized markets are PJM Interconnection, LLC; New York Independent System Operator, Inc.; Midwest Independent Transmission System Operator, Inc.; ISO New England, Inc; California Independent Service Operator Corp.; and Southwest Power Pool.

Wednesday, July 15, 2009

Yingli Green Energy Establishes Regional Headquarters in New York City and San Francisco

Offices in New York City and San Francisco expected to enhance support for Yingli Green Energy's growing North American customer base

Yingli Green Energy Holding Company Limited, one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, today announced the opening of coastal U.S. headquarters in New York City and San Francisco.

Yingli Green Energy expects that these two regional headquarters in the U.S. will enhance support for the Company's growing North American customer base and facilitate the formation of new partnerships across the solar value chain in North America.

"Given the vast potential and rapid growth of the U.S. solar market, it is imperative for us to have a strong presence on both coasts of the country," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "Our top-notch U.S. team has the technical expertise, business experience and proven track record necessary to drive success for our partners and customers. We are confident that our strong on-the-ground capability will play a crucial role in the development of our North American business in the years to come."

In order to strength Yingli Green Energy's business in North America, the Company has set up a wholly-owned subsidiary, Yingli Green Energy Americas, Inc. ("Yingli Americas"), which is led by Robert Petrina, a solar industry veteran with nearly a decade of international business development experience in the PV industry. Previously with General Electric's solar division, Robert has been with Yingli Green Energy for two years. Yingli Americas' operations and customer support team will be led by Brian Grenko, and Mathew Sachs will lead its business development team.

Yingli Green Energy's East Coast headquarters will be located in mid-town Manhattan. In addition to providing renewed support for the growing solar industry, the New York office will serve as a direct link to the financial community targeting renewable investments.

"Through PlaNYC, our comprehensive sustainability plan, and our Five Borough Economic Opportunity Plan, New York City is taking major steps to promote green manufacturing and green finance," said New York City Mayor Michael Bloomberg. "Yingli Green Energy's East Coast Headquarters will create green jobs, make it easier to invest in innovative technology and help our city become more efficient and sustainable."

Yingli Green Energy's West Coast headquarters will be located in San Francisco's financial district and will provide support to customers throughout the procurement, installation and operation stages of solar modules.

"We are proud to welcome Yingli Americas to San Francisco. Their choice to locate in San Francisco is yet another affirmation of our ChinaSF initiative strategy," said San Francisco Mayor Gavin Newsom. "San Francisco offers a leading hub of clean technology firms, top-notch talent, concentrated consumer demand for cleantech, proximity to the Pacific Rim and access to the North American market. Chinese firms, like Yingli Green Energy, bring the rising strength of Chinese entrepreneurship, their rapidly growing industry expertise, and the ability to take these innovations to mass scale."

The opening of the New York and San Francisco offices is Yingli Green Energy's latest step toward expanding its operations in North America and will help support and promote the Company's expanded U.S. product offerings which now include five families of high quality UL certified PV modules ranging in size from 175 watt to 280 watt.

Wednesday, July 08, 2009

Carbonetworks Launches Software Solution To Support Businesses Facing The Carbon Reduction Commitment (CRC)

Carbonetworks, the leading provider of technology solutions for carbon management, has announced the launch of new applications within its software platform to help UK businesses facing the Carbon Reduction Commitment (CRC), the UK’s first legally binding climate and energy saving scheme, which will be enforced from April 2010. The CRC will affect around 20,000 businesses in the UK, introducing strict emission reporting requirements and mandatory carbon and energy reduction regulations.

Carbonetworks’ software solves the business challenges involved in meeting the CRC’s new emission reporting requirements and unlike spreadsheet-based carbon footprint calculation tools, provides robust business controls, fully audited reports of carbon and energy usage, and modeling and scenario planning capabilities to help businesses identify reduction opportunities and implement the necessary projects to meet mandatory caps. The Department of Energy and Climate Change will reward companies for exceeding their goals with financial and reputational incentives, or issue stiff penalties including monetary fines for underperformance.

Michael Meehan, President and CEO of Carbonetworks, explains, “Carbonetworks’ software provides the tools needed for CRC compliance, allowing businesses to take advantage of the incentives instead of trying to dodge the penalties at the last minute. We are doing for CRC reporting what we did for customers reporting to the Carbon Disclosure Project, automating the process while providing solutions to mitigate risk, reduce costs, and improve performance.”

Meehan continues, “We are committed to supporting our customers in meeting local legislative mandates, such as the CRC. Beyond compliance, we help our clients to improve operational performance related to carbon, energy and other sustainability related issues by leveraging leading technologies and methods.”

www.carbonetworks.com

Monday, June 29, 2009

Obama Administration Launches New Energy Efficiency Efforts

Will save billions for consumers, business while helping to create new jobs and strengthen American competitiveness

WASHINGTON - Building on the action by the U.S. House of Representatives in passing historic legislation that will pave the way for the transition to a clean energy economy, President Barack Obama and U.S. Energy Secretary Steven Chu today announced aggressive actions to promote energy efficiency and save American consumers billions of dollars per year. Today's announcement underscores how the clean energy revolution not only makes environmental sense, but it also makes economic sense - creating jobs and saving money.

"One of the fastest, easiest, and cheapest ways to make our economy stronger and cleaner is to make our economy more energy efficient," said President Obama. "That's why we made energy efficiency investments a focal point of the Recovery Act. And that's why today's announcements are so important. By bringing more energy efficient technologies to American homes and businesses, we won't just significantly reduce our energy demand; we'll put more money back in the pockets of hardworking Americans."

"When it comes to saving money and growing our economy, energy efficiency isn't just low hanging fruit; it's fruit lying on the ground," said Secretary Chu. "The most prosperous, competitive economies of the 21st century will be those that use energy efficiently. It's time for America to lead the way."

More Energy Efficient Lighting

Today's announcement includes major changes to energy conservation standards for numerous household and commercial lamps and lighting equipment. Seven percent of all energy consumed in the U.S. is for lighting.

The final rule has numerous benefits, including:

* Avoiding the emission of up to 594 million tons of CO2 from 2012 through 2042 - roughly equivalent to removing 166 million cars from the road for a year;
* Saving consumers $1 to $4 billion annually from 2012 through 2042;
* Saving enough electricity from 2012 through 2042 to power every home in the U.S. for up to 10 months;
* Eliminating the need for up to 7.3 gigawatts of new generating capacity by 2042 - equivalent to as many as 14 500MW coal-fired power plants;
* Decreasing the electricity used in GSFLs by 15%, saving consumers up to $8.66 per lamp over its lifetime; decreasing electricity used by IRLs by 25%, saving consumers $7.95 per lamp over its lifetime.

In February 2009, President Obama tasked the Department of Energy with quickening the pace of energy conservation standards for appliances, while continuing to meet legal and statutory deadlines. Today's announcement - which takes effect in 2012 - focuses on General Service Fluorescent Lamps (GSFL), which are commonly found in residential and commercial buildings, and Incandescent Reflector Lamps (IRL), which are commonly used in recessed and track lighting. These fluorescent and incandescent lamps represent approximately 38 and 7 percent of total lighting energy use respectively.

The final rule, as issued by the Secretary of Energy on June 26, 2009, can be viewed and downloaded from the Office Energy Efficiency and Renewable Energy's website.

Building Efficiency Initiative

President Obama and Secretary Chu today announced a $346 million investment from the American Recovery and Reinvestment Act to expand and accelerate the development, deployment, and use of energy efficient technologies in all major types of commercial buildings as well as new and existing homes.

Residential and commercial buildings consume 40 percent of the energy and represent 40 percent of the carbon emissions in the United States. Building efficiency represents one of the easiest, most immediate and most cost effective ways to reduce carbon emissions while creating new jobs. With the application of new and existing technologies, buildings can be made up to 80 percent more efficient or even become "net zero" energy buildings with the incorporation of on-site renewable generation.

Today's buildings consume more energy than any other sector of the U.S. economy, including transportation and industry. In addition, almost three-quarters of our nation's 81 million buildings were built before 1979. Some were designed and constructed for limited service, and many will eventually require either significant retrofits or replacement.

Innovations in energy-efficient building envelopes, equipment, lighting, daylighting, and windows, in conjunction with advances in passive solar, photovoltaic, fuel cells, advanced sensors and controls and combined heating, cooling, and power, have the potential to dramatically transform today's buildings. These technologies-coupled with a whole building design approach that optimizes the interactions among building systems and components-will enable tomorrow's buildings to use considerably less energy, while also helping to reduce emissions and increase energy security.

This funding includes:

Advanced Building Systems Research ($100 million)
These projects will address research focused on the systems design, integration, and control of both new and existing buildings. Buildings need to be designed, built, operated, and maintained as an integrated system in order to achieve the potential of energy efficient and eventually net zero-energy buildings. These projects will move beyond component-only driven research and address the interactions in buildings as a whole, in order to progress development of integrated, high performance buildings and achieve net zero- energy buildings.

Residential Buildings Development and Deployment ($70 million)
Expanded work in Residential Buildings will increase homeowner energy savings by supporting energy efficient retrofits and new homes while raising consumer awareness of the benefits of increased health, safety, and durability of energy efficiency. The projects will provide technical support to train workers and create jobs, developing a new workforce equipped to improve the Nation's homes and will permit a major initiative to provide builders with technical assistance and training through states, utilities, and existing programs to increase the market share of new homes achieving substantial whole house energy savings. To address existing homes, DOE will work with municipalities with a variety of housing types and vintages as well as subdivisions with similar housing stock to encourage a large number of energy efficiency retrofits.

Commercial Buildings Initiative ($53.5 million)
These Recovery Act funds will be used to accelerate and expand partnerships with major companies that design, build, own, manage, or operate large fleets of buildings and that commit to achieving exemplary energy performance. This funding will be used to expand the number of these partnerships from 23 to about 75 through a competitive process beginning in September, 2009.

Buildings and Appliance Market Transformation ($72.5 million)
In order to achieve energy savings, and ultimately lead to zero energy buildings, the marketplace must be conditioned to accept the necessary advanced technologies and activities and ensure that the current technologies are performing as intended via current energy efficiency standards. Key activities include expanding ENERGY STAR to accelerate development of energy efficient products and expand the ENERGY STAR brand into new areas; preparing the design, construction, and enforcement community to implement commercial building energy codes that require a 30 percent improvement in energy efficiency over the 2004 code in 2010; and accelerating and expanding DOE's Appliance Standards program to evaluate innovative technologies and develop new test procedures that are more representative of today's energy use and equipment.

Solid State Lighting Research and Development ($50 million)
The objective of the solid state lighting activities is to advance state-of-the-art solid-state lighting (SSL) technology and to move those advancements more rapidly to market through a coordinated development of advanced manufacturing techniques. This project will both aid in the development and reduce the first cost of high performance lighting products. Continuing advances can accelerate progress towards creating a U.S.-led market for high efficiency light sources that save more energy, reduce costs, and have less environmental impact than other conventional light sources.

Read more information on these and other Funding Opportunities under the Recovery Act.

12 Semi-Finalists Chosen in Pacific Northwest Clean Tech Open

Teams to complete summer entrepreneur “boot camp” to finalize business plan for regional finals

At a event held last week at Puget Sound Energy (PSE) in Bellevue, Wash., the Pacific Northwest region of the Clean Tech Open (CTO), an innovation catalyst that helps great ideas become viable clean tech businesses, announced the 12 semi-finalists out of a field of 56 initial competitors in its clean tech business plan competition. The teams will compete for three regional prizes of up to $50,000 in cash and in-kind services as well as for one national prize of up to $250,000 in cash and services. Semi-finalists will now receive focused, hands-on mentoring from local and national business leaders to hone their clean tech business plans in preparation for the regional finals in September.

Given its nationally recognized Green Power Program, its ongoing regional leadership in the advancement of energy efficiency and the development of renewable energy, and its Silver-level sponsorship of CTO, PSE was a logical venue for the ceremony.
“We are dedicated to fostering innovation in clean technology,” said Stephen P. Reynolds, president and CEO of PSE.

The region’s semi-finalists represent several distinct clean tech categories including energy storage, solar power, small-scale solar, wind and hydro, transportation and renewable chemicals. The entire geography of the Pacific Northwest region is represented in the semi-finalist group including eight teams from Washington, three from Oregon and one from Idaho. The 2009 Pacific Northwest region semi-finalists include:

- Clarian Technologies - Smart-grid enabled wind and solar appliances, Seattle, Wash.
Extreme Caps - Energy storage, Olympia, Wash.
- GoNano - High surface area nanomaterials for energy storage, Moscow, ID
- Green Lite Motors – 100 mpg commuter car/motorcycle vehicle, Portland, Ore.
- Hydrovolts - In-stream hydro turbines, Seattle, Wash.
- InnovaTek – Renewable hydrogen fuel cell technology, Richland, Wash.
- LivinGreen Materials - Advanced solar technology, Seattle, Wash.
- NHThree - Green anhydrous ammonia production, Richland, Wash.
- Pangreen - Mobile and web-based platforms enabling green living, Kirkland, Wash.
- Shorepower Technologies – Electric charging stations, Portland, Ore.
- Soluxra - Low-cost organic solar cells, Seattle, Wash.
- Veranda Solar - Plug and play solar appliances, Portland, Ore.
The 12 semi-finalist teams will now participate in the CTO Accelerator program where they will be given training and experience in all aspects of starting and sustaining their businesses from national experts in venture capital, business, law, marketing and sustainability. All contestants can continue to be involved in the CTO community, having access to networking events, business tools, and other mentorship opportunities.

“The quality of entries was so high that we feel any of these 12 semi-finalists could be the regional, or even national winner,” said John Pierce, co-chair of the CTO Pacific Northwest chapter, member, Wilson Sonsini Goodrich & Rosati and one of the leaders of its Renewable Energy and Clean Tech Practice. “These entrepreneurs and more than 30 volunteer mentors are anxious to get to work and turn these clean tech ideas into successful businesses.”

Friday, June 26, 2009

U.S. Companies’ Continued Investments in Energy Efficiency Good For Business, Say Corporate Execs on Capitol Hill Panel

Green Initiatives Curb Carbon Emissions, Create Jobs, Help Sustain Planet

U.S. companies are continuing to invest in energy efficiency and to incorporate sustainable practices that will lower their future carbon emissions while creating jobs and helping their own bottom lines, corporate executives told a Capitol Hill gathering today. These measures are part of the companies’ overall efforts to help the nation regain its economic footing, according to executives and energy efficiency advocates addressing the topic, Corporate Sustainability, The Environment and Economic Recovery - Investing for the Future. The panel discussion was sponsored by the Alliance to Save Energy and the Committee for Economic Development (CED).

Panelists included Rep. Zach Wamp (R-Tenn.) of the House Renewable Energy and Energy Efficiency Caucus and an Alliance Board honorary vice-chair; Rep. Steve Israel (D-N.Y.) of the Sustainable Energy and Environment Coalition and also an Alliance honorary vice-chair; David Gardiner, senior advisor with the UN Foundation Energy Coalition; Charlene Lake, AT&T Chief Sustainability Officer; Curtis Etherly, vice president of public affairs for Coca-Cola Enterprises; Alliance President Kateri Callahan; and CED President Charles Kolb.

The panelists discussed the innovative approaches that leading companies are taking to incorporate eco-friendly policies that save energy, lower energy waste and create new jobs while contributing to economic and environmental sustainability for years to come.

“As we all work towards a sustainable, healthy economy, it is clear that cost-effective energy efficiency measures are the keys to both improving a company’s bottom line and reducing its carbon footprint,” said Callahan. “Today’s discussion leaves no doubt that lowering energy use and costs are winning strategies for business and for the planet. We commend the companies represented here for their efforts towards long-term sustainability.”

“CED is dedicated to promoting sustained economic growth and development to benefit all Americans,” said CED President, Charlie Kolb. “The companies here today have shown great leadership in their commitment to investing in green initiatives, and we will continue to see more jobs created as a result.”

“AT&T has long been committed to social progress, economic growth and environmental stewardship, with a long history of strengthening the communities in which we live and work,” said Charlene Lake. “We are working to minimize our own environmental impact and are providing our customers with products and services that enable them to minimize their own environmental impacts.”

“At Coca-Cola Enterprises, we’ve fully integrated Corporate Responsibility and Sustainability into our business,” said Etherly. “Particularly in our environmental focus areas of water stewardship, energy conservation/climate change, and sustainable packaging/recycling, we are investing in technology that will help us capture operational efficiencies, drive effectiveness and eliminate waste, while simultaneously protecting the environment.”

Tuesday, June 23, 2009

LDK Solar Achieves Major Milestone in its 15,000 MT Polysilicon Plant Construction Project

LDK Solar Co., Ltd. ("LDK Solar"; NYSE: LDK), a leading manufacturer of multicrystalline solar wafers, announced today that it has reached mechanical completion of the first 5,000 metric ton (MT) train in its 15,000 MT annualized capacity polysilicon plant in Xinyu, China. Installation has been completed of the Utilities, Infrastructure and Offsite (U&I&O) facilities. Pre-commissioning and commissioning of all the U&I&O systems is nearing completion in preparation for initial production of polysilicon in the first 5,000 MT train.

“We are very excited to reach this major milestone in the construction of our 15,000 MT polysilicon facility,” commented Nick Sarno, Senior Vice President of Manufacturing at LDK Solar. “Commissioning of the first train and startup plans in this facility are underway. We remain on target to ramp to full 5,000 MT capacity over the next two quarters.”

“The excellent cooperation between LDK Solar and the Fluor project teams has been the key driver to achieving this milestone for this world-class, fast-track polysilicon project," said Peter Oosterveer, President of Fluor's Energy & Chemicals Group. "We remain on schedule to meet upcoming major construction goals in order to enable LDK Solar to start polysilicon production as planned.”

Wednesday, June 10, 2009

Clean Energy Economy Generates Significant Job Growth

The number of jobs in America’s emerging clean energy economy grew nearly two and a half times faster than overall jobs between 1998 and 2007, according to a report released today by The Pew Charitable Trusts. Pew developed a clear, data-driven definition of the clean energy economy and conducted the first-ever hard count across all 50 states of the actual jobs, companies and venture capital investments that supply the growing market demand for environmentally friendly products and services.

Pew found that jobs in the clean energy economy grew at a national rate of 9.1 percent, while traditional jobs grew by only 3.7 percent between 1998 and 2007. There was a similar pattern at the state level, where job growth in the clean energy economy outperformed overall job growth in 38 states and the District of Columbia during the same period. The report also found that this promising sector is poised to expand significantly, driven by increasing consumer demand, venture capital infusions, and federal and state policy reforms.

America’s clean energy economy has grown despite a lack of sustained government support in the past decade. By 2007, more than 68,200 businesses across all 50 states and the District of Columbia accounted for about 770,000 jobs.

By comparison, the well-established fossil-fuel sector—including utilities, coal mining and oil and gas extraction, industries that have received significant government investment—comprised about 1.27 million workers in 2007.

“The clean energy economy is poised for explosive growth,” said Lori Grange, interim deputy director of the Pew Center on the States. “These jobs are driving economic growth and environmental sustainability at a time when America needs both. There is a potential competitive advantage for federal and state policy leaders who act now to spur jobs, businesses and investments in the clean energy sector.”

Pew’s definition of the clean energy economy is based on research and input from experts in the field, including an advisory panel convened to help guide the study. According to Pew, “a clean energy economy generates jobs, businesses and investments while expanding clean energy production, increasing energy efficiency, reducing greenhouse gas emissions, waste and pollution, and conserving water and other natural resources.” It comprises five categories: (1) Clean Energy, (2) Energy Efficiency, (3) Environmentally Friendly Production, (4) Conservation and Pollution Mitigation, and (5) Training and Support. The definition provides a groundbreaking framework for tracking jobs, investments and economic growth over time and allowing the public and private sector to evaluate the effectiveness of policy choices and investments.

The report finds that the emerging clean energy economy is creating well-paying jobs in every state for people of all skill levels and educational backgrounds. Included in Pew’s definition are jobs as diverse as engineers, plumbers, administrative assistants, construction workers, machine setters, marketing consultants, teachers and many others, with annual incomes ranging from $21,000 to $111,000.

The private sector views the clean energy economy as a significant and expanding market opportunity. Venture capital investment in clean technology crossed the $1 billion threshold in 2005 and continued to grow substantially, reaching a total of about $12.6 billion by the end of 2008. In 2008 alone, investors directed $5.9 billion into American businesses in the clean energy economy, a figure that represents a 48 percent increase over 2007 investment totals and accounts for 15 percent of all global venture capital investments.

Federal and state lawmakers also see the sector as helping to spur America’s economic recovery and protect the environment. States will receive a major infusion of federal funds through the recently enacted American Recovery and Reinvestment Act, which allocates nearly $85 billion in direct spending and tax incentives for energy- and transportation-related programs. Additionally, every state offers some form of financial incentive to drive its clean energy economy. Twenty-three states have adopted regional initiatives to reduce the global warming pollution from power plants, 46 states offer some form of tax incentive to encourage residents and corporations to use renewable energy or adopt energy efficiency systems and equipment, and 29 states and the District of Columbia have established renewable portfolio standards, which require electricity providers to supply a minimum amount of power from renewable energy sources.

“There is bipartisan support and a growing market demand for transitioning to the clean energy economy,” said Phyllis Cuttino, director, U.S. Global Warming Campaign, at the Pew Environment Group. “Americans understand the transition is good for the overall economy, is creating new opportunities for jobs and business growth, and helps protect our national security by reducing our dependence on foreign oil. Congress and the Obama Administration can and must produce energy and global warming legislation that creates jobs, enhances energy independence and sustains our environment.”
Download full report (pdf)

Wednesday, June 03, 2009

SolarCity and U.S. Bank Forge New Partnership to Fund Solar Projects

Nation’s 6th-largest commercial bank and nation’s leading residential solar installer create new tax equity fund to enable more American homeowners and businesses to adopt clean power

SolarCity®, a national leader in solar power system design, financing, installation, monitoring and related services, and U.S. Bancorp Community Development Corporation (USBCDC) today announced a new partnership to finance solar projects for U.S. homeowners and businesses. USBCDC is a division of U.S. Bancorp (NYSE: USB), which is also the parent of U.S. Bank, the sixth largest commercial bank in America. The two companies have created a new tax equity fund to finance SolarCity’s groundbreaking solar lease option (SolarLease™) for homeowners and power purchase agreements (PPA) for businesses. The two companies are not disclosing financial terms of the fund, but do expect it to finance more solar projects in 2009 than any other tax equity fund in the U.S.

“SolarCity’s leasing option is one of the most affordable ways to go solar that we’ve seen, and we’re thrilled to partner with them. This partnership will grow the adoption of solar energy in the U.S., and create more green jobs,” said Darren Van't Hof, vice president of solar, new markets and historic investments for U.S. Bancorp Community Development Corporation. “Today’s announcement is only the beginning—we look forward to making additional investments with SolarCity, and believe this partnership will ultimately enable thousands of American homeowners and businesses to adopt cleaner power and save money on energy costs in the process.”

USBCDC’s new fund is one of only two tax equity funds closed in 2009 in the U.S. with the ability to finance residential solar projects—both funds were created with SolarCity to finance solar installations. SolarCity plans to hire 100 new employees in the next six months to increase installation capacity as a result of the new financing. SolarCity’s SolarLease option allows U.S. homeowners to put no money down on a new solar system and save money from day one on energy costs. The company’s unique combination of integrated financing, design, installation, monitoring and guaranteed performance has made it the most popular residential solar provider in the U.S.

“Tax equity financing has been the primary constraint on the growth of the solar industry, so we’re obviously thrilled and very grateful to U.S. Bank,” said Lyndon Rive, CEO of SolarCity. “This fund will allow us to increase our installation throughput and hire more installers to keep pace with strong demand from American businesses and homeowners for affordable, clean solar power.”

SolarCity operates in California, Arizona and Oregon. Businesses and homeowners interested in SolarCity’s zero-down financing options can contact the company directly at 1-888-SOL-CITY (1-888-765-2489). Homeowners interested in SolarLease can estimate their solar lease payment and potential electricity savings by using SolarCity’s solar calculator, available online at www.solarcity.com.

Monday, May 18, 2009

Limbach Energy Solutions Embraces Demand for Energy Efficiency, Expands Into Eight New Markets

Limbach Facility Services, one of the United States leading specialty contractors, announced today that it is expanding its energy services portfolio designed to help building owners lower energy costs and cut greenhouse gas emissions through improved energy efficiency. The Pittsburgh-based company, which has specialized in mechanical contracting for more than a century, will offer its suite of building retrofit services to building owners in eight new markets including Boston, Detroit, Los Angeles, Pittsburgh, Philadelphia, Orlando, Tampa and Washington DC.

For the last 16 years, Limbach Energy Solutions has provided energy retrofit services to schools, hospitals and government buildings in Ohio. New government incentives and the prospect of rising energy costs, meanwhile, are prompting building owners across the country to update mechanical and electrical systems to generate substantial long-term cost savings.

“Limbach is a company steeped in tradition. We’ve survived a depression, more recessions than I can count, two World Wars and being acquired by Enron. We’ve succeeded this long because we’re not afraid to embrace changes that benefit our customers, our employees and our bottom-line,” said Charlie Bacon, CEO, Limbach.

Limbach’s roots as a specialty mechanical contractor and building service partner provide the company a unique perspective in the energy solutions market. By leveraging its entire portfolio of mechanical contracting services from building design to construction and all the way through building maintenance, Limbach provides a single source of accountability for building retrofits.

Qualified building owners are given a comprehensive energy audit and then provided a variety of options ranging from performance contracts to retrofit options, building re-commissioning, and operational improvement recommendations. The audit examines several options, including utility procurement, building envelope improvements, lighting system upgrades, HVAC equipment replacements and service, automatic temperature controls and building management systems, water conservation, and any other areas where owners spend money to operate their buildings. Building enhancements are ideal for hospitals, K-12 and higher education schools, and federal, state and municipal government buildings, as well as owner-occupied commercial and industrial buildings.

“We’re not just a project financier, equipment provider or general contractor,” said David Leathers, senior vice president, Building Service and Energy Solutions, Limbach. “We’re the single-source for the entire project. That reduces the number of touch points and layers of accountability and ensures that we deliver stellar results. Because we self perform, we control the project schedule and project quality. And because we’re vendor neutral, each individual customer can be assured we’re providing the best solution possible.”

In recent years, the company has contributed its energy-saving expertise to Ohio facilities such as Marion General Hospital, Worthington Schools, the Chillicothe Correctional Institution, and National Defense University in Washington, D.C.

Thursday, May 14, 2009

Duke Energy to Build up to 400 'Mini' Solar Power Plants in North Carolina

Duke Energy (NYSE: DUK) will build between 100 and 400 electricity-generating mini solar power plants throughout North Carolina over the next two years in one of the first large-scale initiatives of its kind in the U.S., CEO Jim Rogers said today.

"Solar and wind are both going to be key parts of our strategy going forward," Rogers told reporters following the company's annual meeting.

The North Carolina Utilities Commission on Wednesday issued a decision allowing Duke Energy to proceed with its $50-million proposal to install solar panels on the roofs and grounds of homes, schools, office buildings, shopping malls, warehouses and industrial plants, starting later this year.

Collectively, the solar sites will generate enough electricity to power 1,300 homes.

The electricity will flow directly from the solar sites to the electrical grid that serves all customers.

Duke Energy's solar initiative will be among the nation's first and largest demonstrations of distributed generation, in which electricity is produced at numerous micro generating sites rather than at a large, centralized, traditional power plant.

"We are redefining our boundaries. We're looking ahead and we're looking around the corner," Rogers told shareholders attending the meeting. "We believe the future is a low-carbon world. The 21st century mission of our company is to decarbonize our energy supply and provide universal access to energy efficiency."

Duke Energy will own and maintain the solar panels during their expected 25-year lifespan. The company also will own the electricity generated.

It will pay a rental fee to property owners who host the panels for use of their roofs or land, based on the size of the installation and amount of electricity generated at any given site.

Property owners interested in having their home, business or land considered as a potential solar site can register online at www.duke-energy.com/solar-host.

Properties must be located in North Carolina and currently served by Duke Energy.