RECs
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Renewables
Understanding the Complexity of REC Contracts and Why IT Systems Struggle to Manage Them
Renewable Energy Credits (RECs) represent the environmental attribute of 1 MWh of energy generated from eligible sources of generation. They can be bought or sold together with energy, in which case they are referred to as “bundled” RECs, or without the energy component, in which case they are referred to as “unbundled” RECs. COMMENTARY There […]
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Power
Ampion, Wendy’s Announce Community Solar Deal for Restaurants
Community solar provider Ampion Renewable Energy is partnering with The Wendy’s Company to help Wendy’s restaurants source renewable energy. Nearly 100 company-operated restaurants and nearly 40 franchise restaurants in New York, Illinois, and Massachusetts are now enrolled in Ampion+, a product that helps organizations reduce energy costs and secure Renewable Energy Certificates (RECs) that substantiate […]
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Renewables
Texas Adds Two More Utility-Scale Solar Power Projects
Texas continues to add to its U.S.-leading portfolio of renewable energy projects, with two large solar power installations recently coming online. Clearway Energy Group on Feb. 22 said it had completed the 452-MW Texas Solar Nova complex in Kent County. The multimillion-dollar array, which was built in two phases, already has offtake agreements, including a […]
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Sustainability
Why Energy Efficiency Should Be a Priority for Every Manufacturer
Manufacturing is among the most energy-intensive industries in the U.S., making sustainability efforts all the more important, and potentially impactful. Businesses looking to run and maintain their facilities more sustainably have a few options, some of which offer an almost immediate impact. Manufacturers should consider the path toward sustainability as a series of steps, focusing […]
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Press Releases
Watershed Partners with Ever.green to Bring New Solar Plant to the Texas Grid in First Fixed-Price VPPA
SAN FRANCISCO, CA & LONDON, UK (Feb. 7, 2023) – Watershed, the leading enterprise climate platform, today announced it is partnering with renewables marketplace Ever.green to launch the first fixed-price virtual power purchase agreement (VPPA). The long-term commitments of Watershed customers including Samsara, Stripe, and TaskUs will help build a new solar plant in Laredo, […]
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Legal & Regulatory
The Power Purchase Agreement in Transition
The power purchase agreement, commonly called a PPA, is a fundamental element to the development, construction, and financing of power generation projects. Like many things in the power industry, the PPA is
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News
States to FERC: Promote Market Designs That Recognize State Priorities
Attorneys general from 11 states ramped up pressure on the Federal Energy Regulatory Commission (FERC) to recognize state policy goals as it makes decisions related to market design, siting of new gas pipelines and storage facilities, and grid reliability. The measure is the latest in a string of recent pushes by states to ensure federally […]