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Showing posts with label million. Show all posts
Showing posts with label million. Show all posts

Tuesday, 27 October 2015

Windlab, Eurus Plan $102 Million Australia Wind and Solar Farm


Windlab Ltd. and Eurus Energy Holdings Corp. plan to build a A$140 million ($102 million) wind and solar energy park in the Australian state of Queensland.


The Kennedy Energy Park plant will be the first large-scale hybrid solar and wind park in Australia, Canberra-based Windlab said in a statement posted on its website. Construction is expected to start after June next year.


The companies will install six wind turbines and 64,000 solar panels in the first stage of the project, according to the statement. Successful completion of the first stage may lead to adding 1,200 megawatts of clean-energy capacity, Windlab said in the statement.





The Kennedy Energy Park follows an announcement earlier this year of a 20-megawatt wind project in Victoria that Windlab and Eurus are building together. Eurus, a Tokyo-based clean-energy developer, is a venture between Toyota Tsusho Corp. and Tokyo Electric Power Co.




Windlab, Eurus Plan $102 Million Australia Wind and Solar Farm

Tuesday, 1 September 2015

EPA Announces $1.9 Million to Small Businesses to help Support the Nation's Green Economy

 


EPA Announces $1.9 Million to Small Businesses to help Support the Nation’s Green Economy


Release Date: 09/01/2015
Contact Information: Cathy Milbourn, milbourn.cathy@epa.gov, (202) 564-6618, (202) 420-8648


This year’s projects focus on air and climate, manufacturing, toxic chemicals, water, building materials, and homeland security research
WASHINGTON – Today, the U.S. Environmental Protection Agency (EPA) announced almost $2 million to 19 small businesses nationwide to develop and commercialize technologies that tackle critical environmental problems.


“Small businesses today are revolutionizing the tools available to protect human health and the environment,” said EPA Science Advisor and Deputy Assistant Administrator Thomas A. Burke. “Their technologies are creating new innovative solutions while ensuring a commitment to environmental sustainability.”


Each of the 19 companies will receive a Small Business Innovation Research (SBIR) Phase I contract for up to $100,000 to develop their green technology. When the project is commercially viable, the companies will be eligible to apply for a Phase II contract of up to $300,000 to develop and commercialize their technology for the marketplace.


The following companies are receiving a phase I SBIR contract:


Advanced Recovery and Recycling, LLC, New York, for recycling circuit board components to reduce electronic waste in landfills.


Industrial Microbes, Inc., California, for reducing carbon pollution in chemical manufacturing using a low-cost biological solution.


SioTeX Corporation, Texas, for reducing industrial processing pollution by harvesting silica from rice hulls.


MicroChemica, LLC, Colorado, for designing a microchip system that analyzes and monitors airborne particles.


Waddan Systems, LLC, California, for developing a lower cost, sensor for simultaneous detection of multiple air pollutants for leak detection and air quality monitoring.


3D Array Technology, LLC, Connecticut, for manufacturing low-cost, ultra-efficient and robust nano-air filters to capture pollution from vehicles.


Advanced Technologies & Testing Laboratories, Inc., Florida, for designing a self-regenerative air filter that converts harmful substances in the air into water and carbon dioxide.


Faraday Technologies, Inc., Ohio, for developing a cyanide-free bath to treat printed circuit boards.


TIAX, LLC, Massachusetts, for creating an environmentally benign, stain-resistant coating for textiles.


TDA Research, Inc., Colorado, for developing a cheaper and greener polyurethane coating for the paint industry.


dTec Systems, LLC, Washington, for recovering excess nutrients from wastewater at wastewater treatment plants.


Green Technologies, LLC, Florida, for a sustainable nutrient removal, recovery and conversion system.


LJJW Aquasolution, LLC, Washington, for a novel nutrient recovery system from wastewater.


Physical Optics Corporation, California, for designing a regenerative desalination system for small drinking water systems.


Sporian Microsystems, Inc., Colorado, for developing an in-line monitoring system that better detects a range of contaminants in drinking water.


Metna Co., Michigan, for developing a new, sustainable and low-cost type of concrete with improved durability.


Bio-Adhesive Alliance, Inc., California, for converting and re purposing agricultural waste with recycled roof shingles for use in pavement construction.


Precision Combustion, Connecticut, for developing a re-generable high efficiency filter technology for direct removal of gaseous pollutants from indoor air.


SurfPlasma, Inc., Florida, for developing a novel method for pathogen-removal in water pipes.


EPA will be e soliciting the next round of SBIR Phase I awards later in Sept. 2015.


Information about the EPA SBIR Phase I awards: http://www.epa.gov/ncer/sbir2015phase1


Information about the EPA SBIR Program: http://www.epa.gov/ncer/sbir/


Information about the SBIR Program across the Federal Government: https://www.sbir.gov/


R234



EPA Announces $1.9 Million to Small Businesses to help Support the Nation"s Green Economy

Friday, 20 February 2015

Israeli Solar Energy Startup SolarEdge Files for $125 Million Nasdaq IPO

Its products make it possible possible to increase utilization of energy on solar collectors


SolarEdge


Israeli startup SolarEdge, founded 9 years ago, is looking to raise $125 million in an IPO, according to a filing with the U.S. Securities and Exchange Commission this week.


The company plans to trade on the NASDAQ, using the symbol SEDG.


SolarEdge makes a solar energy optimization and monitoring system, making it possible to increase utilization of energy on solar collectors through optimization of each collector’s functioning, while providing real-time data on their production.


Effective energy storage via sun collectors has long been the bottleneck in making this form of renewable energy affordable.


Run by co-founder Guy Sella, SolarEdge has so far sold 4.5 million of its power optimizers and more than 200,000 of its inverters, 1.5 million of them in the second half of 2014.


Read more about: Alternative energy, Guy Sella, SEDG, solar energy, SOLAREDGE TECHNOLOGIES INC, U.S. Securities and Exchange Commission



Israeli Solar Energy Startup SolarEdge Files for $125 Million Nasdaq IPO

Friday, 16 January 2015

Green Light NOLA celebrates installing half million energy-efficient bulbs

Green Light New Orleans will mark the installation of 500,000 energy efficient compact fluorescent light bulbs (CFLs) in New Orleans area homes with a celebration at Carrollton Station on Tuesday (Jan. 20).


Executive Director and founder of Green Light New Orleans Andreas Hoffman says the ‘CFLebration’ was organized to thank the supporters, participants, volunteers, and sponsors who had part in reaching the goal. The event is free. Food and beverages from Matt ‘n’ Naddies, Boucherie, Chiba and other local establishments will be available for purchase. 


According to Hoffman, the half million CFLs installed by Green Light New Orleans since 2007 are saving participating residents $23 million in utility costs and reducing carbon emissions by 223 million pounds. CFLs use 75 percent less energy and last 10 times longer than traditional incandescent light bulbs, reducing household utility costs and preventing the release of carbon dioxide.


Green Light New Orleans is a 501(c)3 nonprofit based in New Orleans. Green Light’s mission is to increase household sustainability and decrease energy use by installing energy efficient light bulbs and building backyard vegetable gardens for free in New Orleans homes. Visit www. greenlightneworleans.org to learn more.


Event Details:


What- CFLebration


When- Tuesday, January 20th, 5 p.m.-9p.m.


Where- Carrollton Station Bar, 8140 Willow St.


Music- Andi Hoffmann & B-Goes (6pm) and Sarah Quintana (7pm)


Food- From Matt’n’Naddies, Boucherie, Chiba and more



Green Light NOLA celebrates installing half million energy-efficient bulbs

Sunday, 23 November 2014

European Investment Bank Agrees GBP 168 Million Backing for Lincs Offshore Transmission ...

Tomasz Wyszoamirski/iStock/Thinkstock




The European Investment Bank has agreed to provide GBP 168 million for a new connection between the Lincs offshore wind farm and the UK national transmission network. The approximately 100-km connection, between high voltage transmission connections on the mainland and the 270-MW Lincolnshire wind farm, has been tendered under a dedicated regulatory regime for offshore transmission networks by OFGEM, the UK gas and electricity market regulator.


“Offshore wind will play a significant role as part of the UK’s energy mix over the coming decades and the European Investment Bank is committed to supporting long-term investment in energy infrastructure that both enhances production of electricity from renewable sources and connects renewable energy into the national network. We are pleased to continue support for offshore wind infrastructure in UK waters and investment in transmission connections under the OFTO regime facilitates new investment in offshore wind farms. This sector is creating hundreds of new jobs along the North Sea coast and supporting manufacturing and research across the country.” said Jonathan Taylor, European Investment Bank Vice President.


The transmission connection to the Lincs wind farm, 8 km off the Skegness coast, will include one offshore substation and connect to the national transmission network at an onshore substation at Walpole, Norfolk. The Lincs wind farm will comprise 75 turbines that when operational can produce enough clean renewable energy for over 200,000 homes, equivalent to around two thirds of the homes in Lincolnshire and contribute to the UK government’s strategy of ensuring that 15% of energy is from renewable sources by 2020.


Assets for the Lincs offshore transmission connection have been developed by Lincs Wind Farm Limited, a joint venture between Centrica, Dong Energy and Siemens Project Ventures. Under the OFTO regime the transmission assets will be transferred to Transmission Capital Partners, a consortium comprising Amber Infrastructure, International Public Partnerships and Transmission Investment, who will own and operate the connection under a twenty year agreement.


This is the sixth connection under the OFTO regime, developed to ensure that offshore renewable generation projects are economically and efficiently connected to Britain’s electricity grid, to be supported by Europe’s long-term lending institution. Previous OFTO connections supported by the EIB include Walney 1 and 2, Sheringham Shoal, Greater Gabbard and London Array.


Last month the board of the EIB, comprising all 28 European member state shareholders, approved EIB’s participation in Round 3 of the OFTO regime.




European Investment Bank Agrees GBP 168 Million Backing for Lincs Offshore Transmission ...

Monday, 10 November 2014

Sungage Financial secures $100 million for solar loan program


Sungage Financial secures $100 million for solar loan program


10. November 2014 | Applications & Installations, Global PV markets, Industry & Suppliers, Markets & Trends | By:  Edgar Meza


Following its participation in the CT Green Bank solar loan program, the Boston startup is aiming to expand residential solar loans on the East Coast.


U.S. residential PV system
Sungage aims to finance some 4,000 residential PV installations through its $100 million loan program.

NREL/Solar Design Associates




Sungage Financial is partnering with Massachusetts-based Digital Federal Credit Union (DCU) to provide $100 million in solar loans to residential customers in Massachusetts, Connecticut, New York and New Jersey looking to install PV systems on their homes.


Sungage and DCU are expected to expand the program to other states next year. The Boston-based Sungage aims to finance some 4,000 PV installations through the program.


Prior to partnering with DCU, the Boston-based Sungage took part in a pilot solar loan program offered by Connecticut’s Clean Energy Finance and Investment Authority (CEFIA), also known as the Connecticut Green Bank (CT Green Bank).


“We are witnessing a solar boom in Connecticut,” Sungage co-founder and CEO Sara Ross said. “Over the past two years, Sungage has worked with CT Green Bank to successfully grow our business and help more homeowners access affordable, solar energy. We are excited to be entering this new phase of our business and are grateful to CT Green Bank for its support in getting us to this point.”


According to the CT Green Bank, Sungage’s participation in the CT Solar Loan pilot program led to its partnership with DCU. “The CT Green Bank’s support of Sungage led to tremendous success and a positive growth outlook for the company, which attracted DCU’s $100 million commitment,” the CT Green Bank said.


The CT Green Bank created the CT Solar Loan pilot in 2012, which it describes as the industry’s first dedicated solar loan product not linked to a specific solar panel manufacturer nor requiring any home equity or lien on the home. The Green Bank provided a $300,000 loan loss reserve, $1 million of subordinated debt and a $5 million warehouse for the CT Solar Loan.


The CT Green Bank tapped Sungage to serve as the CT Solar Loan’s program administrator. The program provides homeowners with the opportunity to own solar PV with a small down payment and low monthly payments. Since March 2013, CT Solar Loan has financed over 200 projects, totaling nearly $5 million in loans while deploying more than 1700 kW of clean energy throughout the state.




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Sungage Financial secures $100 million for solar loan program