Finance
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Commentary
Was 2021 the Year of EVs, Hydrogen, or Energy Storage? And What to Expect in 2022
If you’ve paid attention to the cleantech news cycle this year, you know it’s been a roller-coaster ride. I’ve been in the cleantech/energy transition sector for 20 years and wrote the first history on the term cleantech 15 years ago. I’ve seen the many ups and downs surrounding the industry. Today’s current playing field is […]
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Press Releases
eLeapPower Announces $21 Million in Series A Funding, Accelerating Initial Production and Global Growth
TORONTO – (Dec. 14, 2021) – eLeapPower, a technology innovator revolutionizing electric vehicles – inside and outside – with its Smart Inverter System, announced today that it raised $21 million CAD in Series A funding. The round was led by a consortium of pension funds and BDC Capital’s Cleantech Practice. eLeapPower’s initial contract is with […]
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Press Releases
Octopus Energy Inks $300M Partnership with Canadian Pension Plan Investments Fund to Supercharge the Green Generation
Houston, TX, December 14, 2021 — Octopus Energy Group announced a new long-term strategic partnership with Canada Pension Plan Investment Board (CPP Investments), one of the world’s largest pension funds and a global force in energy investing. This global partnership is formed of an initial US$300 million equity investment from CPP Investments with an aspiration […]
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Offshore Wind
Dominion Estimates $10B Installation Cost for 2.6-GW Virginia Offshore Wind Farm
Dominion Energy is revving up its efforts to build the 2.6-GW Coastal Virginia Offshore Wind (CVOW) commercial project before 2027 to meet state requirements, it said in a detailed filing for the $9.8 billion project submitted to the Virginia State Corporation Commission (SCC) on Nov. 5. CVOW, which will be sited on a federal lease […]
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Finance
Standardized Documents and Solid Partners Make Financing Less Stressful for Project Developers
Many small- and medium-sized power projects are simply not large enough to gain the interest of highly sought-after institutional investors. The complexity and related costs of smaller projects means risks and
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Finance
Types of Power Purchase Agreements and Why Each PPA Might Be Used
Stakeholders are increasingly pressuring corporations to become more sustainable, and often that means using renewable energy to help meet their electricity needs. Most non-power companies don’t want to take
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International
The Tsunami Coming for Mexico
Although Mexican economic history shows moments of tension between the private sector and the federal government—for example, during the administration of President Luis Echeverría (1970-1976)—never in the modern era has such tension reached the levels experienced at this time. The attacks on the private sector, including foreign investment, that the current federal administration has carried […]
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POWER Podcasts
Is It Safe to Invest in Mexican Energy Projects?
In late 2013, Mexico embarked on a path to transform its energy markets. Then-President Enrique Peña-Nieto oversaw constitutional reforms that ended state-run monopolies, and opened Mexico’s power market to competition and investment from foreign and private companies. By most accounts, the policies were highly effective in spurring investments in renewable energy and efficient natural gas-fired […]
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News
Power Co-op Files Bankruptcy After $2.1 Billion ERCOT Bill
The group considered Texas’ oldest and largest electricity cooperative has filed for Chapter 11 bankruptcy protection, saying it can’t pay money wanted by the state’s grid operator in connection with power outages during a major winter storm that hit in February. Brazos Electric Power Cooperative filed its bankruptcy petition March 1 in the U.S. Bankruptcy […]