WednesdayApr 17, 2024 9:00 am

Green-Energy Projects Face Financing Woes Amid High Interest Rates

After experiencing unprecedented growth that saw the number of renewable energy projects increase several times over, green-energy projects could potentially face a capital crunch due to high interest rates. Solar and wind project installations may be at an all-time high, but several reputable publications predict that several factors, including high interest rates, could make it difficult for renewable energy projects to access funding and impact green-energy commodity prices in the future. Several years of cost reductions and legislative support, as well as an explosion of investor interest, directed massive investment into green energy and resulted in significant wind- and solar-power…

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MondayApr 15, 2024 11:15 am

Distributed Energy Solutions Provider Correlate Energy Corp. (CIPI) Accelerates Green Energy Momentum with Efficient & Affordable Technologies, Scalable Business Model

Climate impact concerns are a defining issue, not only in the U.S. but around the world, with a new generation of innovators seeking to learn from past mistakes and better address the need for clean energy solutions Distributed energy solutions company Correlate Energy Corp. is successfully focusing on the most cost effective and efficient solar energy installation opportunities and clean energy infrastructure optimization As part of this, the company is also optimizing a renewable revenue stream by carefully retaining ownership of some of its energy systems while acquiring other renewable energy companies with proven capabilities The company’s average contract size…

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MondayApr 15, 2024 9:00 am

Analysis Suggests England Can Produce 13x Current Green Energy on 3% of Land

A recent analysis has revealed that England has the capacity to produce 13 times more green energy than it is currently producing using less than 3% of its land mass. Like most major nations, England is looking to reduce its reliance on fossil fuels to cut greenhouse-gas emissions to combat global-climate change. This would require a mass transition from oil and natural gas in power generation to renewable energy sources such as solar and wind over the next couple of decades. According to a study from Exter University, England could supply this growing demand and produce enough renewable energy from…

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FridayApr 12, 2024 9:00 am

How Software Can Help Data Centers Cut Energy Use

The race to cut greenhouse-gas emissions and achieve carbon neutrality by mid-century has left businesses in energy-intensive industries scrambling to cut their energy use. With most of the developed world's electricity coming from fossil-fuel-fired power plants, sectors such as data storage, which require a lot of power to run, contribute to a significant portion of global emissions. Efficient software use could be the key to helping data centers cut down on energy use and limit their impact on the environment. Data centers are facilities that store and power servers that house the cloud, or online storage facilities that allow people…

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ThursdayApr 11, 2024 10:30 am

Turbo Energy S.A. (NASDAQ: TURB) Targets Commercial Solar Market, Corporate Giants Boost Investments

Large corporations such as Walmart and Nordcell Group increasing renewable energy investments Turbo Energy offers commercial clients Sunbox Industry, an all-in-one solution that integrates inverters, lithium-ion batteries, and AI-powered software to reduce costs, increase efficiency, and protect against price shocks TURB’s AI-powered systems analyze consumption patterns, weather forecasts, and pricing trends to manage energy generation, increase efficiency, and optimize power output Turbo Community offers new clients opportunities to rent or finance systems, enables members with large photovoltaic installations to become energy producers and sell extra power Walmart recently announced plans to significantly expand its renewable energy portfolio, aiming to add…

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ThursdayApr 11, 2024 9:00 am

Incentives Drive Rapid Growth in Solar Projects for Distributed Energy Solutions Provider Correlate Energy Corp. (CIPI)

Correlate Energy Corp. is a distributed energy solutions company focused on solar energy installation opportunities as well as other clean energy infrastructure improvements Federal government incentives as well as decreasing costs of solar installation are helping to scale clean energy adoption across the United States Correlate Energy’s projects tend to take about a year from initial contact to completion, as exemplified by recently completed and commissioned contracts with American Tire Distributors and Continental Envelope for rooftop solar projects The company’s average contract size is about $2 million, and CIPI currently has about $150 million of in-progress projects in various stages…

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WednesdayApr 10, 2024 9:00 am

US EPA Announces $20B in Grants to Banks Funding Green-Energy Projects

The Environmental Protection Agency (EPA) has announced $20 billion in federal green bank grants to eight nonprofit organizations and development banks. The massive investment could potentially fund thousands to tens of thousands of projects meant to mitigate climate change in economically disadvantaged communities. Additionally, these projects have the potential to help Americans cut their carbon footprints and even save some money. These projects include energy-efficiency residency improvements such as residential heat pumps as well as large-scale projects such as community cooling centers and electric-vehicle-charging stations. At the funding's unveiling, Vice President Kamala Harris said the tens of billions of dollars…

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MondayApr 08, 2024 9:00 am

US Seeks Ways to Exploit Geothermal Power at Scale

The United States is looking to supplement its green-energy production by tapping into the almost-limitless supply of heat in the planet's crust. President Joe Biden's administration has already made major investments into developing the country's solar- and wind-generation-capabilities, but it will take significantly more investment to fully integrate green energy into America's energy grid. Exploiting geothermal energy at scale would grant the U.S. access to a clean-energy source that can be tapped into for renewable energy at any time. Unlike solar and wind, which are generally dependent on the weather and time of day, geothermal energy can produce power when…

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FridayApr 05, 2024 9:00 am

Carbon Reduction Efforts Provide Green Opportunities for Correlate Energy Corp. (CIPI) to Develop, Sell Clean Energy Solutions

Distributed energy solutions company Correlate Energy Corp. is working with customers in industrial, corporate, and residential circles, to cost-effectively improve their climate friendliness through superior energy optimization and transition The U.S Department of Energy has been promoting clean energy carbon reduction through a Carbon Dioxide Removal (“CDR”) Purchase program awarding up to $35 million in CDR purchase credits Multi-national technology company Google has pledged to match the CDR program “dollar for dollar” as part of a public-private partnership, demonstrating their impetus for clean energy solutions When technology behemoth Google, at times referred to as “the most powerful company in the…

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FridayApr 05, 2024 9:00 am

Salt, Bricks and Air Show Promise as Energy-Storage Media

Utilities may begin using salt, bricks and air to supplement their renewable energy-storage capabilities in the future. This unorthodox technique could help bridge the gap between peak green-energy production hours and peak consumption hours. Although solar and wind are great sources of renewable energy, their peak production hours rarely coincide with peak consumption hours, resulting in a gap that sees green-energy production reach its peak when energy consumption by homes, businesses and manufacturers is low. Energy storage helps utilities store the excess energy generated when energy consumption is low before releasing it into the grid as needed, allowing users to…

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