EaaS
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Distributed Power
DOE Offers $3B Conditional Loan Guarantee to Virtual Power Plant Initiative
Sunnova Energy Corp., an energy-as-a-service (EaaS) provider, has snagged a first-of-its-kind conditional federal loan guarantee commitment of up to $3 billion for a project that could further future virtual power plant (VPP) deployment. The Department of Energy (DOE) Loan Programs Office (LPO) on April 20 said it would provide a partial loan guarantee for up […]
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Press Releases
HONEYWELL INVESTS IN ENERGY-AS-A-SERVICE MARKET LEADER REDAPTIVE TO DRIVE PRIVATE SECTOR ENERGY CONTRACTING
ATLANTA, Georgia (MARCH 29, 2023) – Honeywell today announced a strategic investment in Redaptive, which will accelerate a collaboration to bring Energy-as-a-Service (EaaS) capabilities to private sector-owned commercial and industrial buildings. This investment helps enable the rapid deployment of technologies designed to reduce carbon emissions across a large portfolio of buildings. This collaboration combines Honeywell’s […]
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Commentary
Energy-as-a-Service Model is Key to New Green Economy
In March, America’s energy infrastructure received a C- rating from the American Society of Civil Engineers’ (ASCE) Infrastructure Report Card, showcasing the country’s desperate need for improvement, and more importantly, investment. And in April, President Biden committed to cutting U.S. greenhouse gas emissions by at least 50% by 2030, putting a heavy emphasis on the […]
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