Greenbacker Renewable Energy Company LLC (Greenbacker) announced today that, through a wholly-owned subsidiary, it signed the rights to purchase a 27.7 MWdc, 14 project solar portfolio from Encore Renewable Energy and closed a $4 million equipment loan facility with Encore to support safe harbor efforts ahead of the investment tax credit (ITC) phasedown scheduled for the end of the year.

Greenbacker Renewable Energy Company announced that, through a wholly-owned subsidiary, it signed the rights to purchase a 27.7-MWDC, 14-project solar portfolio from Encore Renewable Energy and closed a $4 million equipment loan facility with Encore to support safe harbor efforts ahead of the investment tax credit (ITC) phase-down scheduled for the end of the year.

In Vermont, in-home and large-scale battery storage are generating buzz as homeowners and investors begin to recognize their potential.

"The storage market today is where solar was seven or eight years ago," said Chad Farrell, founder and CEO of Burlington-based Encore Renewable Energy. "Pricing is coming down, and products are getting more reliable and affordable."

In February, Flex Fund, New Hampshire Community Loan Fund and Coastal Enterprises, a CDFI in Maine, made a $1 million revenue-based investment in Encore Renewable Energy, a developer of solar power across the Northeast.

Planning for landfill design and operations to accommodate every stage of a facility’s life and beyond takes foresight. There’s especially a multitude of considerations when owners are contemplating reuse, as many are. One growing trend in particular is to set up these sites for solar projects; more than 150 shuttered U.S. landfills house such projects, according to the U.S. Environmental Protection Agency.

Solar projects can generate income through electricity sales or from renewable energy credits. But how does one plan for solar years in advance while juggling daily operations of an active site and thinking about post-closure?

The Business Network for Offshore Wind has added RenewComm to its team as public relations counsel to help take the US offshore wind energy industry to the next level.

"We are pleased to add RenewComm to our growing team of offshore wind experts. They bring deep subject matter expertise and decades of experience in developing communications campaigns that will resonate with industry and the general public," said Liz Burdock, CEO & President of the Business Network for Offshore Wind.

 In some instances, solar developments are proving to be an environmentally attractive option for brownfields — not only does this clean up sites but it also offers a source of renewable energy for a community to tap into.

First round bids have been submitted in the privatization of Florida’s Jacksonville Electric Authority (JEA), which is owned by the city of Jacksonville

Encore Renewable Energy, a Burlington company that installs solar panels on land and rooftops, has received an $1.8 million investment from Leyline Renewable Energy in North Carolina.

Encore is the company behind solar installations on buildings like the Burlington airport parking garage and the ECHO center on the Burlington waterfront. It is breaking ground later this year on the first solar project at the Shelburne Museum, with seven acres of solar panels, said Blake Sturcke, the company’s chief operating office.

The ECHO Leahy Center for Lake Champlain on Friday celebrated the kickoff of renewable energy projects.

Mayor Miro Weinberger, D-Burlington, and officials from ECHO cut the ribbon on their Energy Commons project.

Encore Renewable Energy announced the commissioning of a 198-kW solar array on the roof of the UVM Medical Center on Holly Court in Williston, Vermont. The project began generating solar electricity in December 2018. UVM Medical Center will receive net metering credits at a discount, along with a steady stream of lease revenue from an otherwise unused rooftop. Together, these will result in approximately $124,000 of total value to UVM Medical Center over the 25-year life of the system.

Offshore wind has become a core asset class for numerous investors and lenders in Europe — and the same may soon be true in the US.

We see all the European trends coming to the US market — supporting technological advances, supply chains, and growth at competitive costs, even as subsidies expire:

a) big utilities and oil & gas companies want to scale renewables, and are comfortable with development, technology, and operating risk; b) more lenders are lending at lower rates; and c) institutional investors want to own equity stakes, providing projects with funding options.

The renewable energy market continues to report record growth. Global wind capacity is on track to hit 800 GW by 2021, and the emerging energy storage market is expected to reach 125 GW of capacity in the next decade. The U.S. solar industry is on track to add 15 GW of Photovoltaic (PV) capacity annually between now and 2023. This historic growth has catapulted a sector once categorized as “alternative” into a critical role amongst our mainstream energy portfolio.

Women make up about a third of U.S. wind and solar energy jobs, higher than other technology fields.

Sarah Fischer’s journey into the renewable energy field began with a high school French teacher whose husband had been a child slave in Haiti. The couple opened Fischer’s eyes to human rights and international development issues and sparked a desire to make a difference in such situations.

Clean energy investment platform operator CleanCapital has acquired a 10.2-MW solar portfolio from New York-based developer G&S Solar, it was announced on Thursday.

The newly purchased portfolio includes two projects in Massachusetts, with “high-quality customers”, including a corporate entity and municipality, as the offtakers. By adding those projects, CleanCapital now has nearly USD 150 million (EUR 128.5m) of acquired operating solar assets, it said.

Alison Silverstein, a Texas-based consultant, and Rob Gramlich and Michael Goggin, former top staff at the American Wind Energy Association, prepared an analysis for the Natural Resources Defense Council and the Environmental Defense Fund. The report is meant to expand a debate around how to ensure the power grid is reliable overall and resilient when pipes freeze or a hurricane strikes.