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Methane GHG "Feedback Loop" Discovered in Freshwater Lakes (R&D)
Cambridge University
Date: 2018-05-07
A new Cambridge University study of chemical reactions that occur when organic matter decomposes in freshwater reports that the debris from trees suppresses production of the greenhouse gas methane while debris from plants found in reed beds actually promotes methane. The report notes that the constantly evolving lakes of the northern hemisphere -- already a major source of methane -- could almost double their emissions in the next fifty years.

The report findings suggest the discovery of yet another “feedback loop” in which environmental disruption and climate change trigger the release of ever more greenhouse gas that further warms the planet, similar to the concerns over the methane released by fast-melting arctic permafrost. The report also finds up to 77 pct of the methane emissions from an individual lake are the result of the organic matter shed primarily by plants that grow in or near the water. This matter gets buried in the sediment found toward the edge of lakes, where it is consumed by communities of microbes. Methane gets generated as a byproduct, which then bubbles up to the surface.

The study, funded by the UK Natural Environment Research Council, is published in the journal Nature Communications. (Source: Cambridge Univ., Eurasia Review , 6 May, 2018) Contact: Cambridge Univ., Dr. Andrew Tanentzap Department of Plant Sciences. +44 1223 333900,

More Low-Carbon Energy News Methane,  Cambridge University,  

COTA Awarded $400,000 Alternative Fuels Grant (Grant Funding)
Central Ohio Transit Authority
Date: 2018-05-07
In the Buckeye State, the Central Ohio Transit Authority (COTA) in Columbus is reporting receipt of $400,000 in alternative fuels vehicle conversion grant funding from the Ohio Environmental Protection Agency. The funds will be used for components of 18 buses powered by compressed natural gas CNG that COTA will order in 2018 for delivery in early 2019.

In 2013, COTA committed to phasing diesel-powered vehicles out of its fleet with the goal to completely transition to CNG by 2025. Today, 150 of COTA's 321 buses are powered by CNG. COTA has saved approximately $10 million in fuel costs by transitioning to CNG since 2013.

Ohio EPA is offering one-time funding to help municipalities, schools and businesses convert diesel-powered heavy-duty fleet vehicles to cleaner burning alternative fuels. The program is supported by $5 million from the Alternative Fuel Transportation Fund of the Ohio Development Services Agency. To date, the grants have provided more than $2.8 million to replace 141 vehicles with vehicles that run on CNG, LNG or liquid petroleum gas, such as propane or butane. (Source: Central Ohio Transit Authority, Green Car Congress, 7 May, 2018)Contact: Central Ohio Transit Authority, (614) 228-1776,; Ohio Development Services Agency, (800) 848-1300,

More Low-Carbon Energy News Ohio Development Services Agency,  Alternative Fuel,  CNG,  

Arkansas Reports Declining Air Pollution Levels (Ind. Report)
Arkansas Department of Environmental Quality.
Date: 2018-05-07
The level of regulated air pollutants in Arkansas continued to decline throughout 2016, the latest year for which data are available, according to a report from the Arkansas Department of Environmental Quality (DEQ). The 2017 State of the Air report assessed ground-level ozone concentrations and concentrations of other pollutants regulated by the National Ambient Air Quality Standards program.

The report notes declines from 2005 to 2016 where the state has monitors in ground-level ozone, particulate matter 2.5 and 10, carbon monoxide, nitrogen oxide, sulfur dioxide, and lead. Arkansas is one of only 12 states that meets all federal air quality standards, although it was not meeting ozone standards a few years ago.

Download the Arkansas State of Air Report HERE. (Source: Arkansas OnLine, 6 May, 2018) Contact: Arkansas DAQ, Tricia Treece, (508) 682-0744,; National Ambient Air Quality Standards,

More Low-Carbon Energy News National Ambient Air Quality Standards,  

Norway Creating Zero-Emission Fjords Zones (Int'. Report)
Date: 2018-05-07
In Oslo, the Norwegian government is confirming plans to create the first zero-emissions zone on water. To that end, the country's parliament has accepted a resolution that would see emissions banned in the world heritage fjords not later than 2026.

Norwegian fjords with world heritage designation include the west Norwegian Geirangerfjord and the Nea eroyfjord. (Source: IMO,, 6 May, 2018)

More Low-Carbon Energy News Carbon Emissions,  

DOE Offering $78Mn for Biofuels, Bioenergy Crop R&D (R&D Funding)

Date: 2018-05-07
In Washington, the US Department of Energy has announced the availability of up to $78 million to support early-stage bioenergy research and development.

Qualifying projects include those that develop highly efficient conversion processes for improving the affordability of fuels and products from biomass and waste streams. Funding is also being offered for research and development related to the production of affordable and sustainable non-food dedicated energy crops -- including algae, energy crops and various waste streams that can be efficiently and effectively converted into affordable biofuels, biopower and bioproducts. (Source: US DOE, Energy Live, May, 2018)

More Low-Carbon Energy News Biofuel Feedstock,  Biofuel R&D,  

DowDuPont Nevada Cellulosic Ethanol Plant Remains Unsold (M&A)
Date: 2018-05-07
Following on our 6 Nov., 2017 coverage, Midlands, Mich.-headquartered chemicals giant DowDuPont reports it is still seeking a purchaser for its shuttered 30 million gpy cellulosic ethanol plant in Nevada. The asking price is $225 million.

The plant, which never went into full production and was shutdown in Nov, 2017, is being maintained by a skeleton crew. Although several potential purchasers have been identified, no offers for the plant have been received, according to DowDuPont. (Source: DowDuPont, Ames Tribune, 6 May, 2018) Contact: DowDuPont, Jan Konickx, Biofuels Global Business Director,, DowDuPont,Dow Chemical,; DuPont Industrial Biosciences, William F. Feehery, Pres.,; DowDuPont, (800) 422-8193,

More Low-Carbon Energy News DowDuPont,  Biofuel,  Cellulosic,  

German Financial Service Giant Abandoning Coal by 2040 (Int'l)
German Allianz AG
Date: 2018-05-07
Munich, Germany-headquartered asset management and financial service giant Allianz AG reports it will no longer offer its insurance services to, or invest its capital in, the coal industry. The company plans to complete its exit from coal completely by 2040.

The move is reportedly in response to the 2015 Paris Climate Accord and a transition away from high carbon energy generation technologies and to limit the effects of man-made climate change to a 2 degree C increase in average global temperatures. (Source: German Allianz AG, MENAFN, 6 May, 2018) Contact: German Allianz AG, +49 89 38000,

More Low-Carbon Energy News German Allianz AG,  Coak,  

Rockland Sells Flywheel Energy Storage Projects (Ind. Report, M&A)
Rockland Power Partners,Beacon Power
Date: 2018-05-07
In Houston, Bracewell LLP is reporting the sale of Rockland Power Partners LP's Flywheel Energy Storage Business to Convergent Spindle and RGA

In the first transaction, Rockland Power Partners sold two 20 MW flywheel energy storage projects -- the Stephentown project located in Stephentown, New York and the Hazle project located in Hazle Township, Pennsylvania, to affiliates of Convergent Energy and Power, LP. The fully operating projects serve the New York Independent System Operator (NYISO) and PJM Interconnection grids.

In the second transaction, Rockland Power Partners sold all of the equity interests in Beacon Power, LLC, which operates a flywheel energy storage business and owns certain technology, intellectual property, patents and manufacturing equipment related thereto, to RGA Investments, LLC. Both transactions closed on April 27, 2018. (Source: Bracewell LLP, PR, 4 May, 2018) Contact: Rockland Power Partners, Rockland Capital, (281) 863-9000,; Beacon Power,; Convergent Energy and Power, (917) 508-0190,,

More Low-Carbon Energy News Beacon Power,  Flywheel,  Energy Storage,  

EU Increases Climate Change Budget to $383.2Bn (Int'l Report)
European Union,European Commissiuon
Date: 2018-05-07
In Brussels, the European Commission (EC) reports that over the period of 2012 to 2027 it will spend fully 25 pct of its budget -- $383.2 billion -- on climate change adaptation and mitigation efforts.

Under the 28 member trading bloc's current budget, $246.7 billion -- 20 pct of the budget -- is presently being spent out to 2020 on combating climate change through investments in energy efficiency, renewable energy, environmental protection, and other carbon reduction schemes. (Source: European Commission, EuroStat, EU Newsroom, 6 May, 2018)Contact: European Commission, Miguel Arias Canete, Commissioner for Climate Action and Energy,

More Low-Carbon Energy News Climate Change,  EC,  European Commission,  Climate Change Mitigation,  Climate Change Adaptation,  

EuroStat Tallies EU Member Emissions Increases, Cuts (Int'l)
European Union
Date: 2018-05-07
EuroStat, the European Union statistics office, is reporting that Portugal was responsible for the 5th biggest increase in CO2 emissions in 2017 from burning fossil fuels for energy compared with the year before 7.3 pct compared with the EU average increase of 1.8 pct.

According to EuroStat, Malta had the largest increase at 12.8 pct followed by Estonia 11.3 pct, Bulgaria 8.3 pct, Spain at 7.4 pct and Portugal at 7.3 pct. The best performing countries in cutting CO2 emissions were Finland -5.9 pct, Denmark -5.8 pct, the UK at -3.2 pct, and Ireland at -2.9 pct. Portugal's CO2 emissions represent 1.5 pct of the EU total, where Germany is the largest contributor at 23 pct.. (Source: EuroStat, TPN/Lusa, 6 May, 2018) Contact: Eurostat,

More Low-Carbon Energy News EuroStat,  Carbon Emissions,  European Union,  

Velocys Manufacturing Fischer-Tropsch Reactors for Red Rock Biofuels Project (Ind. Report)
Velocys,Red Rock Biofuels
Date: 2018-05-07
UK-headquartered Velocys plc reports it has begun manufacturing the Fischer-Tropsch reactors and catalyst for Ft. Collins-based Red Rock Biofuels LLC (RRB) biorefinery that will be located in Lakeview, Oregon, US. RRB has broken ground on the biorefinery which will produce low-carbon, renewable diesel and jet fuel. RRB is a subsidiary of IR1 Group LLC, which has 325 million gal. of installed biofuels capacity. The biorefinery in Lakeview will convert forestry residue into 15 million gpy of renewable transportation fuels, including diesel and jet fuel.

Velocys' role will be as a licensor for its technology to the project. (Source: Velocys plc, Velocys plc Hydrocarbon Engineering, 7 May, 2018) Contact: Red Rock Biofuels, Terry Kulesa, CEO, (970) 223-6766,,; Velocys plc David Pummell, CEO, +44 1235 841 700, (713) 275-5840-- Houston Office,,

More Low-Carbon Energy News Velocys,  Biofuel,  Fischer-Tropsch,  Red Rock Biofuels,  

Energy Efficiency Limiting Legislation Inked in Iowa (Reg & Leg)
Energy Efficiency
Date: 2018-05-07
Following up on our 2 May report, Iowa Gov. Kim Reynolds has approved and signed legislation that caps spending on energy efficiency programs and allows certain customers to cancel fees that support the programs. The legislation does not apply to rural electric cooperatives and 36 municipal utilities which serve approximately one-third of Iowa customers.

The legislation, which contradicts the 2016 Iowa Energy Plan encouraging greater energy efficiency, caps spending on energy efficiency at 2 pct of annual sales for electricity utilities. It also limits utility expenditures on demand response programs at 2 pct of sales. (Source: Office of Iowa Gov. Kim Reynolds, Energy News, Various Media, 7 May, 2018) Contact: Office of Iowa Gov. Kim Reynolds,

More Low-Carbon Energy News Kim Reynolds,  Energy Efficiency Iowa,  Energy Efficiency Incentives,  Energy Efficiency Rebates,  

Argentine Banco Galicia Offers Energy Efficiency Funding (Int'l)
Banco Galicia,International Finance Corporation
Date: 2018-05-07
Telam, the Argentin national news agency is reporting Argentine banking giant Banco Galicia is offering $100 million in financing for renewables, energy efficiency and sustainable construction projects. The loans are for up to seven years and fixed rates of between 6 pct and 8 pct.

Funds for this green energy financing were raised through a recent Banco Galicia green bond issuance that was 100 pct subscribed to by the International Finance Corporation (IFC). (Source: Telam, Banco Galicia, Renewables, 7 May, 2018) Contact: Banco Galicia,; IFC World Bank, (202) 473-1000,

More Low-Carbon Energy News Energy Efficiency Funding,  Energy Efficiency,  Renewable Energy,  International Finance Corporation,  

First Aussie Hospital Scores GBCA 4 Star Efficiency Rating (Int'l)
Green Building Council of Australia
Date: 2018-05-07
In the Land Down Under, the Royal Adelaide Hospital has become the first large-scale hospital complex in Australia to achieve a 4 Star Green Star -- Healthcare As Built rating from the Green Building Council of Australia (GBCA).

According to the World Green Building Council (WGBC), incorporating green design in hospital infrastructure can deliver an 8.5 pct reduction in hospital stays, 15 pct faster recovery rates, a 22 pct reduction in the need for pain medication and an 11 pct reduction in secondary infections. Green Star buildings also deliver significant savings, producing 62 pct fewer greenhouse gas emissions and using 66 pct less electricity than average Australian buildings.

The Royal Adelaide Hospital incorporates abundant natural daylight, 3.8 hectares of landscaped environment with internal themed courtyards, sky gardens across the hospital's nine levels, and a 1.6 hectare green space footprint within the hospital. The facility also incorporates, high efficiency water fittings, a water capture and recycling system, onsite co-generation heating system and other energy conservation and efficiency features.(Source: Green Building Council of Australia, Climate Control News, May, 2018) Contact: Green Building Council of Australia, Romilly Madew, CEO, +61 2 8239 6200,

More Low-Carbon Energy News Green Building Council of Australia,  Building Energy Efficiency,  Building Energy Management,  

Waste-derived Biogas Market to See 10.6p ct Annual Growth Through 2022, says BBC Report (Ind. Report)
BCC Research
Date: 2018-05-04
According to Waste-derived Biogas: Global Markets for Anaerobic Digestion Equipment, a report by Wellesley, Mass.-based BCC Research, global focus on renewable energies and increasing environmental regulations aimed at greenhouse gases are helping to drive the waste-derived biogas market to a projected compound annual growth rate (CAGR) of 10.6 pct through 2022, when it could be worth as much as $10.1 billion, according to the report. The report notes:
  • Wastewater/sludge and industrial applications will lead the market in growth, with a CAGR through 2022 of 11.4 pct, although landfill gas, agriculture, and food and municipal wastes will lead by size, with a 2022 value of $5.8 billion.

  • In North America, passive biogas production system growth will be led by Mexico, which anticipates a CAGR of 8.4 pct through 2022, though the US will lead the regional market by size, with a 2022 value of $65.9 million.

  • In Europe, growth will be led by Italy, which anticipates a CAGR of 8.8 pct through 2022, though by size the region will be dominated by France, which anticipates a 2022 value of $83.8 million.

    The report notes that although regulations are not the sole driver of the biogas industry, the report notes, they are a primary one. In Europe, which is home to the world's largest regional anaerobic digester market, the existence, stability and reliability of the legal and political framework is seen as the greatest influence on the market. Germany's rise to become a market leader came after the passage of major renewable energy legislation, and in the UK, the passage of a renewables obligation law provided the framework for a developing anaerobic digestion market.

    Major players in the market mentioned in this report include ADI Systems, AsiaBioGas, BDI-BioEnergy, CH Four, CleanWorld, DVO, Ebara, Gasum, Hitachi Zosen, Inova, Kruger, MWH Global, Niras, Organic Power, Premier Tech Aqua, Republic Services, Sansuy and Turning Earth, among others.

    Research details are available HERE. (Source: BCC Research, 1 May, 2018) Contact: BBC Research, (866) 285-7215,

    More Low-Carbon Energy News BCC Research,  Biogas,  anaerobic digestion,  

  • Iberdrola Wins Rights to Baltic Offshore Wind Projects (Int'l)
    Date: 2018-05-04
    Spanish renewable energy developer Iberdrola reports it has secured rights to build two offshore wind farms totaling 486 MW in the German part of the Baltic Sea.

    The projects -- the 476 MW Baltic Eagle and the Wikinger Sud offshore wind farms -- were awarded by the Federal Network Agency (Bundesnetzagentur) to the Spanish energy company during Germany's second public tender for offshore wind energy.

    The €1.4 billion Wikinger offshore wind farm, which features 70, 5MW AD 5-135 Adwen turbines, will generate sufficient electric power for 350,000 homes. (Source: Iberdrola, EBR, May, 2018)Contact: Iberdrola Renewables,

    More Low-Carbon Energy News Iberdrola,  Wind,  Offshore Wind,  

    Solar Installations Rising in Rhode Island (Ind. Report)
    Date: 2018-05-04
    A report by the Solar Energy Industries Association has found that solar energy installations in Rhode Island jumped from 23.4 MW in 2017 to 39.1 MW at the end of March, 2018.

    The increase is being credited in part to Gov. Gina Raimondo's Lead by Example Campaign, a 2015 executive order directing state agencies, municipalities and schools to initiate renewable-energy and energy-efficiency projects. Under the program, over 900 new solar arrays have been installed atop a cluster of state agency buildings near the Statehouse. The three-building energy system was funded through proceeds from the Regional Greenhouse Gas Initiative (RGGI) and the state Renewable Energy Fund which is financed through electric ratepayers.

    Other Lead by Example projects include solar arrays on the Office of Attorney General, Rhode Island College, and the Rhode Island Veterans Home in Bristol. The state seeks to attain 1,000 MW of renewable energy by 2020 through a combination of incentives and funding. (Source: eco'RI News, 3 May, 2018)

    More Low-Carbon Energy News Solar,  RGGI,  

    MidAmerican Confirms New Iowa Wind Project Plans (Ind. Report)
    MidAmerican Energy
    Date: 2018-05-04
    In the Hawkeye State, MidAmerican Energy reports it plans to construct two new wind farms called Arbor Hill and Orient, in Adair County. The Arbor Hill wind farm project will incorporate 125 Vestas wind turbines which will generate 550MW while the Orient wind farm project will feature 150 turbines.

    The two projects will be built by the company under its previously announced $3.6bn Wind XI project which includes nearly 1,000 wind turbines and an addition of up to 2GW of wind generation capacity in Iowa. The Wind XI project is slated for completion by next December. (Source: MidAmerican Energy, Power Technology, 3 May, 2018) )Contact: MidAmerican Energy, Bill Fehrman, Pres., CEO, Mike Gehringer, VP Renewable Energy, (888) 427-5632,

    More Low-Carbon Energy News MidAmerican Energy,  Wind,  

    Biofuels Market Leading Manufacturers 2018 -- Report Available (Ind. Report)

    Date: 2018-05-04
    E Market Research is offering Biofuels Market Leading Manufacturers 2018 biofuels market report, an in-depth investigation on the competitive biofuels market.

    Key players included in the global Biofuels market report are: China Agri-Industries Holdings, COFCO Biochemical (AnHui), Raizen, ADM, Tianguan Group, Cargill, POET, Big River Resources, Vivergo, The Andersons, BP, Pacific Ethanol, Flint Hills Resources, Green Plains, CropEnergies, Valero, Abengoa Bioenergy and Jilin Fuel Ethanol

    The report analyzes the biofuels market by: type-- Biodiesel and Bioethanol; end users -- industrial fuels, transportation fuels and Chemical industry; regions; distributors; dealers; traders and manufacturers including contact information, production strategies, the scope of the Biofuels product, their capacity, worldwide productivity, and revenue generation.

    Details and a PDF sample copy of this study HERE (Source: E Market Research, May, 2018) Contact: E Market Research, (857) 239-0696,,

    ReneSola Unloads China DG Solar Stake for $31.5Mn (Int'l. M&A)
    ReneSola, China DG Solar
    Date: 2018-05-04
    ReneSola Ltd is reporting the sale of a 40.13 pct stake in its Zhejiang ReneSola Investment Limited subsidiary to an unnamed investor for approximately $31.5 million.

    ReneSola has over 187 MW of operational DG solar projects and an additional 28 MW under construction, according to the company. By the end of 2018, it intends to own 350 to 400 MW of DG projects in China. (Source: ReneSola Ltd., Various Media, May, 2018) Contact: ReneSola Ltd., China DG Solar,

    More Low-Carbon Energy News ReneSola,  Solar,  China DG Solar,  

    REGI Launches REG Ultra Clean Diesel (New Pprod & Tech)
    Date: 2018-05-04
    Ames, Iowa-headquartered Renewable Energy Group Inc.(REGI) is touting REG Ultra Clean Diesel, its latest innovation in diesel fuel.

    Patent-pending, low-emissions REG Ultra Clean Diesel is made of a proprietary blend of renewable diesel and biodiesel and is California Air Resources Board (CARB) approved for year-round use throughout California under the Alternative Diesel Fuel Regulation. REG Ultra Clean Diesel reduces total hydrocarbons and carbon monoxide emissions by 15 pct, particulate matter emissions by 40 pct, emits less nitrogen oxides (NOx) and offers even greater emissions reductions when compared to conventional diesel, according to the company. (Source: Renewable Energy Group Inc, 2 May, 2018) Contact: REG, (515) 239-8104,,

    More Low-Carbon Energy News Renewable Energy Group Inc.,  REGI,  Clean Diesel,  

    California Sets Solar, Renewables Records (Ind. Report)
    California Independent System Operator
    Date: 2018-05-04
    The California Independent System Operator reported a new utility-scale solar power generation record on April 26 of 10,521 megawatts. It was the first time in the state’s history that utility-scale solar surpassed 10.5 gigawatts. Then two days later, on Saturday, April 29, that record was broken when 10,539 megawatts were generated at 1:40 PM.

    The Golden State also seta new record for the instantaneous portion of demand met by renewable energy on Saturday at 73 pct, just 15 minutes before the solar record, with solar and wind alone meeting 64 pct of demand, exclusive of an estimated 6.6 gigawatts of behind-the-meter solar available in the state.

    In 2017, California's renewable energy sources -- excluding large hydro plants -- represented 31 pct of Californias in-state electric power generation.(Source: California Independent System Operator Contact: California Independent System Operator,

    More Low-Carbon Energy News California Independent System Operator,  Renewable Energy,  Wind,  Solar,  

    Ethanol Giant POET Wins Biorenewable Deployment Consortium Achievement Award (Ind. Report)
    Biorenewable Deployment Consortium,POET
    Date: 2018-05-04
    In Omaha, Nebraska, the Biorenewable Deployment Consortium (BDC) honored POET, a privately held corporation headquartered in Sioux Falls, South Dakota and the world's largest producer of ethanol and other biorefined products, with the organization's Spring 2018 Achievement Award at its spring meeting in Omaha on May 1, 2018.

    POET is recognized for its leadership in remaining focused on reducing the reliance of the United States on foreign energy, to revitalizing global agriculture, and providing a cleaner, affordable alternative to fossil fuels.

    Since 2006, C has worked to bring together like minded companies to share ideas and partner to deploy bio-processes that can be economic in the long run without government subsidy. BDC holds two symposiums a year for its members, where leading edge information from various bio-companies is shared and tours are made of bio-facilities. BDC acts as a resource to members, working to broker partnerships that can lead to the deployment of commercial facilities. The organization recognizes the need for low cost feedstock, cost effective measures such as integration of processes, high value products, and good management to achieve the economics needed for success.

    POET, the world's largest biofuels producer, is a leader in biorefining through its efficient, vertically integrated approach to production. The 30-year-old company has a network of 27 production facilities. POET, through its joint venture with DSM, also operates a commercial-scale cellulosic biofuel plant in Emmetsburg, Iowa (Source: Biorenewable Deployment Consortium, PR, May, 2018) Contact: Biorenewable Deployment Consortium, Masood Akhtar, Pres.,(608) 332- 0189,,; POET. Matt Merritt, Public Relations, (605) 965-2225 / (605) 370-9959,,

    More Low-Carbon Energy News Biorenewable Deployment Consortium ,  POET,  Biofuel,  

    UK Ferry Trialing Green Biofuels' Green D+ Fuel (Int'l Report)
    Red Funnel
    Date: 2018-05-04
    In the UK, Southamptoon, UK-based ferry boat operator Red Funnel Group reports it is trialing Green Biofuels' Green D+ fuel on its ro-pax ferries which operate between Southampton and the Isle of Wight.

    Green D+ is a fossil-free, low-emission renewable diesel fuel made by adding a nanotechnology-patented performance additive to hydrotreated vegetable oil (HVO). The HVO is produced from used cooking oil, plant oils such as palm and rapeseed oil, and others.

    Red Funnel will trial Green D+ biofuel and varying amounts of low-sulfur marine gas oil to power the ferries' main engines and onboard generators. The aim is to significantly reduce greenhouse gas emissions. (Source: Red Funnel, Cruise & Ferry, May, 2018) Contact: Red Funnel, Mark Slawsom, +44 0 2380 248500,; Green Biofuels Ireland, Magnus Hammick, COO,; Green D+,

    More Low-Carbon Energy News Green Biofuels,  Biofuel,  Maritime Biofuel,  

    Fraport Setting Fresh CO2 Emissions Reduction Targets (Int'l)
    Date: 2018-05-04
    In Germany, Fraport AG, the operator of Frankfurt airport reports it is establishing new climate protection targets to cut CO2 emissions, not only for Germany's largest airfreight hub but also across the entire group.

    The goal is to slash CO2 emissions at Fraport's fully-consolidated group companies by half to about 125,000 tpy by 2030. The new target is based on the national reduction rates agreed to at the 2015 Paris Climate Conference. (Source: Fraport AG, Cargo Airport and Environment News, 3 May, 2018) Contact: Fraport AG, +49 180 6 3724636,

    More Low-Carbon Energy News Carbon Emissions,  Aviation Emissions,  

    HECO Investing $148Mn in Solar-Battery Storage Project (Ind. Report)
    Hawaiian Electric
    Date: 2018-05-04
    In the Aloha State, Hawaiian Electric Co (HECO)reports it plans to invest approximately $148 million in new energy storage capacity in Oahu.

    The utility plans to construct, own and operate a 20-MW/80-MWh lithium-ion battery storage system at the site of the 20-MW West Loch solar park at Joint Base Pearl Harbor-Hickam, the construction of which was launched last month. The facility is expected to come online in February, 2020.

    In other HECO news, the company is also accepting proposals for new grid-scale renewable generation with a storage component -- 220 MW for Oahu, 60 MW for Maui and 20 MW for Hawaii Island. (Source: Hawaiian Electric, Renewables, May, 2018) Contact: HECO, Shelee Kimura, VP Bus. Dev., (808) 543-7780,,

    More Low-Carbon Energy News Hawaiian Electric,  Battery,  Energy Storage,  

    Seajacks to Install Taiwanese Offshore Wind Turbines (Int'l)
    Seajacks,Siemens Gamesa
    Date: 2018-05-04
    Great Yarmouth, U.K.-based offshore installation contractor Seajacks UK Ltd. reports it has been awarded a contract from Siemens Gamesa to install its 6MW wind turbines during Phase 2 of the 120MW Formosa 1 Offshore Wind Farm in Taiwan. The project is Seajacks' first renewables contract outside of Europe.

    The 10,000-tonne jack-up Seajacks Zaratan, will site all 20 SWT-6.0-154 wind turbines in the Taiwan Strait, with work set to start in the second quarter of 2019. Seajacks will be installing the turbines for the Macquarie Capital, Orsted and Swancor-owned project in around 30 meters of water, up to 6 km off the coast of Miaoli County in northwest Taiwan. (Source: Siemens Gamesa, Seajacks, Marine Log, 2 May, 2018) Contact: Siemens Gamesa Renewable EnergyOffshore, Andreas Nauen., CEO,; Seajacks UK Ltd., +44 1492 841400,

    More Low-Carbon Energy News Seajacks ,  Offshore Wind,  Siemens Gamesa ,  

    Gore Street Cuts Energy Storage Fund Listing Target (Int'l)
    Gore Street Energy Storage
    Date: 2018-05-04
    Following up on our March 16th coverage, London-headquartered private-equity firm Gore Street Capital plc reports it is lowering its expectations and now aims to raise £35 million ($47.7 million) for its Energy Storage Fund, considerable down from its original £75 million listing.

    The fund will invest primarily in UK utility-scale energy storage assets or North America and Western European energy storage projects. It will not invest in projects under development. Its seed portfolio of 18 MW includes three assets using batteries by NEC Energy Solutions Inc and Tesla. (Source: Gore Street Capital, Renewables, May, 2018) Contact: Gore Street Capital, Alex O'Cinneide, CEO, +44 20 3826 0290,

    More Low-Carbon Energy News Gore Street,  Energy Storage,  Energy Storage,  

    Mt. TRUMPMORE -- Will it Last or Melt? (Opinions, Editorials & Asides)
    Climate Change
    Date: 2018-05-04
    Finland-based Project TRUMPMORE, a non-profit organization, is proposing to raise €400,000 for the construction of TRUMPMORE, a Mount Rushmore-size ice monument to U.S, President Donald Trump.

    The project, which will be carried out by a world-leading team of Finnish and Mongolian ice sculptors, is expected to take four weeks to complete and an undetermined period to melt.

    Download project details HERE. (Source: Project TRUMPMORE, May, 2018) Contact: Project Trumpmore,

    More Low-Carbon Energy News Donald Trump,  Climate Change,  

    GloMEEP Pilot Project Addressing Maritime Emissions (Int'l Report)
    Date: 2018-05-04
    In Kingston, Jamaica reports it is among 10 countries that have been selected to participate in the Global Maritime Energy Efficiency Partnerships (GloMEEP) Project which aims to support the implementation of energy-efficiency measures to reduce maritime shipping industry greenhouse gas emissions.

    GloMEEP member countries -- Argentina, China, Georgia, India, Malaysia, Morocco, Panama, Philippines and South Africa -- will serve as lead pilot countries for implementing legal, policy and institutional reforms; undertake awareness-raising and capacity-building activities and establish public-private partnerships to support low-carbon shipping.

    Jamaica, through the Maritime Authority of Jamaica (MAJ), is currently staging a three-day session to assist maritime administrations, port authorities and their personnel to better understand sources of emissions in ports, identify strategies and solutions and train participants in the use of two new guides -- Guide for a Port Emissions Status Assessment and Guide for the Development of a Port Emissions Reduction Strategy -- which are being developed under the GloMEEP project.

    GloMEEP is being undertaken through partnership involving the Global Environment Facility (GEF), United Nations Development Programme (UNDP) and the International Maritime Organization (IMO). (Source: Global Maritime Energy Efficiency Partnership, Jamaica Information Service, 2 May, 2018) Contact: GloMEEP International Maritime Organization,

    More Low-Carbon Energy News Maritime Emissions,  Carbon Emissions,  IMO,  

    £54.5Mn Committed to Energy Efficient Scotland (Int'l, Funding)
    Energy Efficiency
    Date: 2018-05-04
    In Glasgow, Scotland's First Minister Nicola Sturgeon has announced £54.5 million in funding to help address greenhouse gas emissions and residential energy efficiency. The funding is in support of the government's Route Map to an Energy Efficient Scotland which outlines action to ensure that by 2040, all homes are improved so they achieve an Energy Performance Certificate (EPC) rating of at least Band C.

    Supported by £54.5 million funding, the Route Map confirms that landlords of privately rented homes will be required to achieve an Energy Performance Certificate rating of Band E from April 2020 at change of tenancy, and then Band D from 2022. All private rented properties will need to be EPC Band E by end March 2022 and Band D by end March 2025. The funding will also support local authorities to expand their existing energy efficiency and fuel poverty programmes. (Source: Scottish Construction Now, 2 May, 2018) Contact: First Minister, Nicola Sturgeon,,

    More Low-Carbon Energy News Energy Efficiency,  Energy Performance,  Energy Management,  

    Garden State Reorganizing Energy Efficiency Programs (Ind. Report)
    New Jersey Board of Public Utilities
    Date: 2018-05-04
    In an effort to better deliver an array of energy efficiency programs and their benefits to customers in the generally under-served multiple-family dwellings sector, the New Jersey Board of Public Utilities reports it is overhauling the various energy efficiency programs offered in the Garden State. The intent is to reduce energy consumption, better serve energy consumers and generally simplify and ease access to the wide range of energy efficiency programs financed by the state's Clean Energy program.

    Delivering energy savings, incentives and rebates paid by virtually all electric and gas customers on their monthly energy bills to low-income customers has been, and is a problem. The redesign effort aims to make the wide range of rebates and incentives more effective, accessible and effective by rolling many of them into a program for multi-family building developers and owners. Individual apartment owners would not be eligible, according to the current contours of the program which is expected to be rolled out on a transition basis in January, 2019. The bill would also require the state's electric utilities to reduce customer power consumption by 2 pct. Few details have been announced to date.(Source: New Jersey Board of Public Utilities, NJ Spotlight, 3 May, 2018) Contact: New Jersey Board of Public Utilities, (609) 777-3300,

    More Low-Carbon Energy News New Jersey Board of Public Utilities,  

    California Ready to Mandate New Home Solar Installation (Ind. Report)
    California Energy Commission
    Date: 2018-05-04
    In Sacramento, the The California Energy Commission (CEC) is scheduled to vote Wednesday, May 9, on new energy standards mandating most new homes have solar panels starting in 2020. If approved as expected, the Golden state would be the nation’s first state to mandate solar energy.

    The proposed new rules would deviate slightly from another much-heralded objective -- Requiring all new homes be "net-zero" meaning they would produce enough solar power to offset all electricity and natural gas consumed over the course of a year. Among the highlights:

  • The new solar mandate would apply to all houses, condos and apartment buildings up to three stories tall that obtain building permits after Jan. 1, 2020;

  • Exceptions or alternatives will be allowed when homes are shaded by trees or buildings or when the home's roofs are too small to accommodate solar panels;

  • Solar arrays can be smaller because homes won't have to achieve true net-zero status;

  • Builders installing batteries like the Tesla Powerwall would qualify for "compliance credits" allowing them to further reduce the size of the solar system;

  • Provisions will encourage more electric use or even all-electric homes to reduce natural gas consumption.

    The mandate dates back to 2007 when the California Energy Commission adopted the goal of making homebuilding so efficient the "newly constructed buildings can be net zero energy by 2020 for residences and by 2030 for commercial buildings." (Source: California Energy Commission, Orange County Register, 4 May, 2018) Contact: California Energy Commission

    More Low-Carbon Energy News Net-Zero,  Solar,  California Energy Commission,  

  • French Boutique Banker Hits Carbon Reduction Target (Int'l)
    Mirova,Natexis Banque Populaire
    Date: 2018-05-04
    Natixis-owned SRI investment specialist Mirova reports it has reached its target of cutting carbon emissions to below 2 degree C across its consolidated equities portfolios and cut its carbon footprint from 3.5 degrees C to 1.7 degrees C two years on from agreeing to meet the target under the Montreal Carbon Pledge and Portfolio Decarbonization Coalition initiatives. The company said it is now within touching distance of its aim to reduce its overall carbon footprint across all asset classes to below 2 degrees C.

    The French firm claims it achieved the target in equities by looking down the value chain at renewable energies and energy efficiency, as well as in listed mid-sized companies not represented in the index.

    Natixis is a Paris-based corporate and investment bank created in November 2006 from the merger of the asset management and investment banking operations of Natexis Banque Populaire and IXIS. (Source: Mirova, CityWire, 3 May, 2018) Contact: Natexis Banque Populaire,

    More Low-Carbon Energy News Carbon Emissions,  

    Biofuel Integrated into Toronto Airport Fuel Hydrants (Ind. Report)
    Air Canada
    Date: 2018-05-04
    Air Canada reports it joined other civil aviation organizations and companies, in a biofuel blend demonstration project at Toronto's Lester B Pearson International Airport. The April 22nd demonstration was intended to show that delivering biofuel at airports via existing supply infrastructure is feasible beyond 2020.

    Air Canada claims that it saved 160 tonnes of carbon emissions on 22 domestic flights, after introducing 230,000 litres of sustainable biofuel blended within the airport fuel supply system. The biofuel used was a blend of standard fuel with hydroprocessed esters and fatty acids (HEFA). (Source: HIS Janes's Airport Review, May, 2018)

    More Low-Carbon Energy News Aviation Biofuel,  

    ADB Delivering on Emissions, Climate Change Commitments (Int'l)
    Asian Development Bank
    Date: 2018-05-04
    The Manila-headquartered Asian Development Bank (ADB) is meeting its goal to increase development finance to the Asia and Pacific region and achieving its development and operational targets, especially in climate change, according to the ADB's recently released 2017 Development Effectiveness Review (DEfR). The DEFR measures how well ADB is executing its corporate strategy and meeting its strategic priorities across 85 results indicators.

    The 2017 DEfR found that the share of ADB operations supporting climate change mitigation and/or adaptation rose to 49 pct in 2015 -- 2017, exceeding the 45 pct 2020 target. Climate change finance, including external sources mobilized by ADB, reached a record $5.16 billion in 2017. This puts ADB in a good position to achieve its $6 billion annual climate financing target by 2020. (Source: Asian Development Bank, 3 May 2018) Contact: Asian Development Bank, +63 2 632 4444,

    More Low-Carbon Energy News Asian Development Bank ,  Climate Change,  

    CoolSys Energy Optimization Snares Axiom Energy Solutions (M&A)
    CoolSys Energy Optimization
    Date: 2018-05-04
    Brea, California-headquartered CoolSys Energy Optimization is reporting the acquisition of Savannah, Georgia-based Axiom Energy Solutions, a manufacturer and supplier of energy efficient equipment and technology solutions for companies across a range of industries including supermarkets, non-food retail, hospitality, healthcare and education and others. (Source: CoolSys Energy Optimization, Energy Manager, May, 2018) Contact: CoolSys Energy Optimization, (888) 574-3845,,; Axiom Energy Solutions, (912) 373-7950,

    More Low-Carbon Energy News CoolSys Energy Optimization news,  

    Lebanon Tendering 300 MW Solar-plus-Storage Projects (Int'l)
    Lebanese Center for Energy Conservation
    Date: 2018-05-02
    In Beirut, the Lebanese Center for Energy Conservation (LCEC) is reporting the issuance of an expression of interest (EoI) tender for the construction of three 100 MW solar plants incorporating large-scale battery systems across three different sites in Lebanon.

    According to the tender, "In each project, the minimum power capacity of one given Solar PV farm is 70 MW and the maximum power capacity is 100 MW with minimum 70 MW Battery Energy Storage capacity."

    Deadline to submit the EoI is July 12, 2018. Selected bidders will be responsible for design, development, financing, construction and operation of the facilities, which will sell power to local power utility EdL under a long-term PPA. (Source: Lebanese Center for Energy Conservation, PV Mag., April, 2018) Contact: Lebanese Center for Energy Conservation, +961 (0)1 565 108-101,,

    More Low-Carbon Energy News Solar,  Energy Storage,  

    Vattenfall Offering 1-MW Corporate PPAs in the UK (Int'l)
    Date: 2018-05-02
    Swedish renewable energy specialist Vattenfall reports it will offer British businesses Power Purchase Agreements (PPAs) for as little as 1 MW direct from its 165 MW South Kyle Wind Farm.

    Vattenfall is behind the European Offshore Wind Deployment Centre (EOWDC) overlooking U.S. President Donald Trumps golf resort off the coast of North East Scotland. (Source: Vattenfall, PR, Various Media, May, 2018) Contact: Vattenfall Innovation, Daniel Hustadt, Proj. Manager Gunnar Groebler, VP Wind Energy, Magnus Hall, CEO, Pres, +46 8 739 5000,; EOWDC, Aberdeen Renewables, Adam Ezzamel, Project Director, +44 (0) 1224 522104,

    More Low-Carbon Energy News Vattenfall ,  EOWDC,  Offshore Wind,  PPAs,  

    altE Offering Portable Solar Power Generators (Ind. Report)
    altE Store
    Date: 2018-05-02
    Boxborough, Massachusetts-based altE Store reports it is now manufacturing a proprietary line of portable solar powered generators in response to increasing demand for portable and semi-portable solar power equipment.

    The altE portable solar powered generators are designed to function independently from the power grid and can produce up to 350 watt hours of power per day. The self-contained units include three 30 watt solar panels and a 55 amp hour solar battery to power one DC outlet, two USB ports and two AC outlets. When fully charged the units will power a string of LED light for six hours, multiple cell phones or tablets, a laptop for 24 hours or an internet router 24/7. (Source: altE Store, PR, 1 May, 2018) Contact: altE Store, Sascha Deri, CEO , (877) 878-4060,

    More Low-Carbon Energy News altE Store,  Solar,  

    Alta Devices Launches New Generation Solar Cells (New Prod & Tech)
    Alta Devices
    Date: 2018-05-02
    Sunnyvale, California-headquartered Alta Devices, a Hanergy Company, the world-record holder for single junction solar cell efficiency, is reporting the launch of its fourth-generation solar cell technology (Gen4) which weighs less than the previous generation technology (Gen3) and offers an improved power-to-weight ratio of 160 pct.

    Alta's solar technology easily integrates into the surface of the aircraft or vehicle without upsetting aerodynamics, and provides a weight reduction of 40 pct or a power-to-weight improvement of 160 pct over the earlier Gen3 version. Alta Devices Gen4 solar cells can be used to power everything; UAVs, automobiles, sensors and others. (Source: Alta Devices, PR, AP, 1 May, 2018) Contact: Alta Devices, Jian Ding, CEO, Rich Kapusta, Marketing, (408) 585-2050,,

    More Low-Carbon Energy News Alta Devices ,  Solar,  Solar Cell,  

    ADM, DuPont Announce Biobased FDME Plant Opening (Ind. Report)
    ADM, DuPont
    Date: 2018-05-02
    DuPont Industrial Biosciences and Archer Daniels Midland Co. (ADM) are reporting the collaborative opening of the world's first biobased furan dicarboxylic methyl ester (FDME) pilot production facility in Decatur, Illinois. FDME technology, which starts with fructose from corn, is a more efficient and simple process than traditional conversion approaches and results in higher yields, lower energy usage and lower capital expenditures.

    DuPont's proprietary Bio-PDO*trade; (1,3-propanediol). PTF is a 100 pct renewable polymer that, in bottling applications, can be used to create plastic bottles that are lighter-weight, more sustainable and better performing. (Source: ADM, DuPont, PR, World Grains, 1 May, 2018) Contact: DuPont Industrial Biosciences,; ADM, Juan Luciano, Pres., CEO, (312) 634-8100, Jackie Anderson, ADM Media, (217) 424-5413,,

    More Low-Carbon Energy News DuPont,  Archer Daniels Midland,  DuPont ,  FDME,  Bioplastic,  Biochemical,  

    POET Tops ADM in Global Fuel Ethanol Production (Ind. Report)
    Date: 2018-05-02
    In Chicago, Reuters is reporting that privately held, Emmetsburg, Iowa-based ethanol producer POET DSM has surpassed industry pioneer and global grain merchant Archer Daniels Midland to become the world's largest ethanol producer.

    While POET's annual biofuel capacity has grown to 1.9 billion gpy, and will reach 2 billion by 2019, ADM has cut its market exposure and biofuel production to about 1.6 billion gpy, according to company data. The U.S. ethanol industry has total production capacity of more than 16 billion gpy, according to Reuters. (Source: Reuters, Country Guide, 1 May, 2018) Contact: Archer Daniels Midland, Juan Luciano, Pres., CEO, (312) 634-8100,; POET, Jeff Broin, Pres., (605) 965-2200,

    More Low-Carbon Energy News Archer Daniels Midland,  POET,  Ethanol,  Biofuel,  

    Hawkeye Senate Passes Efficiency Incentives Limits (Ind. Report)
    Energy Efficiency
    Date: 2018-05-02
    In Des Moines, the Republican-dominated Hawkeye State Senate has ratified a plan that will limit energy efficiency programs run by Iowa utilities, reducing annual charges on gas and electric bills in the state by an estimated $100 million. Even with the cutback, the state's utilities are expected to distribute approximately $150 million worth of rebates and energy efficiency incentives, according to Senator Michael Breitbach.

    Supporters say the energy efficiency programs utility companies run in Iowa will be more closely scrutinized, while critics predict utility rates will rise as efforts to reduce energy use are reduced. The bill is awaiting the signature of Gov. Kim Reynolds (R). (Source: Radio Iowa, Various Media, 1 May, 2018)

    More Low-Carbon Energy News Energy Efficiency,  Energy Efficiency Rebates,  Energy Efficiency Incentives,  

    Elmira Joining NY Clean Energy Communities Program (Ind. Report)
    NY Clean Energy Community
    Date: 2018-05-02
    In the Empire State, the Town of Elmira board has unanimously pass two resolutions that would see the community join the New York State Energy Research and Development (NYSERDA) Clean Energy Community program.

    Under the program, municipalities or towns can implement ten impact items to promote energy efficiency or renewable energy. Recently, the town of Elmira passed resolutions on solar energy permitting and on building energy benchmarking. The town is also considering the installation of electric vehicle charging stations and the conversion of city street lighting to LED.

    Building a more sustainable New York starts with building more sustainable communities. Local governments affect energy choices in their communities, from government operations to homes, businesses, and community institutions. Local governments in New York State can use the Clean Energy Communities program to implement clean energy actions, save energy costs, create jobs, and improve the environment. In addition to providing tools, resources, and technical assistance, the program recognizes and rewards leadership for the completion of clean energy projects, according to the program website. (Source: Town of Elmira, WENY, 1 May, 2018) Contact: NYSERDA,; Clean Energy Communities Program,

    More Low-Carbon Energy News Energy Efficiency,  Building Benchmarking,  LED,  Energy Efficiency,  

    UK CAER Expanding Carbon Capture R&D (Ind. Report)
    University of Kentucky
    Date: 2018-05-02
    In Lexington, the University of Kentucky Center for Applied Energy Research (CAER) reports it will receive over $940,000 from the US DOE's Office of Fossil Energy and the National Energy Technology Laboratory (NETL) to advance its carbon dioxide capture R&D. The Phase 1 funding is for a three-phase project as part of the U.S. DOE Fossil Fuel Large-Scale Pilot program. The new funding will allow UK CAER to advance its research by nearly 10 times and bring the technology closer to commercialization.

    UK CAER's current 0.7 mw small pilot CO2 capture facility that operates at Kentucky Utilities' E.W. Brown Generating Station in Burgin, Kentucky, has led to scientific and engineering breakthroughs in the field, according to the CAER. The post-combustion system features modular equipment and free-standing columns with built-in advanced controls to continually minimize the CO2 capture energy penalty while responding to a dynamic external demand. The new system will combine several facets to simultaneously address capital cost, energy consumption, load change and environmental impact.

    Project collaborators include LG&E and Kentucky Utilities, Carbon Clean Solutions, University of Texas at Austin, Membrane Technology Research, Electric Power Research Institute, Huaneng Clean Energy Research Institute, Koch Modular Process Systems, Worley Parsons and Smith Management Group. (Source: University of Kentucky, PR, May, 2018) Contact: University of Kentucky CAER, Kunlei Liu, principal investigator , (859) 257-0200,

    More Low-Carbon Energy News University of Kentucky,  CCS,  Carbon Capture,  

    B-20 Biodiesel Mandate Implemented in Minnesota (Reg & Leg)
    Date: 2018-05-02
    Effective May 1, Minnesota legislation originally passed in 2008, requires a 20 pct biodiesel (B-20) blend in a majority of diesel fuel sold in the state.

    The cleaner burning biodesel is expected to displace an estimated 130 million gallons of petroleum diesel and eliminate 132 tpy of particulate pollution and prevent over 960,000 tpy of greenhouse gas emissions. (Source: KARP/FM, 1 May, 2018)

    More Low-Carbon Energy News Biodiesel,  Biodiesel Blend,  

    $23Mn Available for Marine Energy Technologies (Funding)
    US DOE
    Date: 2018-05-02
    The US DOE Office of Energy Efficiency and Renewable Energy (EERE) is reporting the availability of up to $23 million in funding for innovative technologies to reduce capital costs and shorten deployment timelines of marine energy devices. The funding will support research and evaluation of next-generation wave and tidal/current systems; support early-stage design of power take off (PTO) and controls integration; and allow for more efficient consideration of any potential environmental impacts from marine renewable energy development.

    Qualifying research will address fundamental scientific and engineering challenges of generating power from dynamic, low-velocity and high-density waves and currents, while surviving in corrosive ocean environments that are intensified by high costs and lengthy permitting processes. The funding opportunity includes three topic areas: Early Stage Device Design Research; Controls and PTO Design Integration and Testing; and Dissemination of Environmental Data and Analyses to Facilitate the Marine Energy Regulatory Process. (Source: US DOE, 30 April, 2018) Contact: US DOE Energy Efficiency and Renewable Energy, Water Power Technology Office,

    More Low-Carbon Energy News Water Energy,  Marine Energy,  Wave Energy,  Tidal Energy,  Run-of-River,  

    EDF Investing in Global Energy Storage Tech R&D (Int'l Report)
    Date: 2018-05-02
    French state-backed utility company EDF SA reports it plans to invest as much as $10 billion in the global energy storage sector by 2035, and is investing around $720 million per year in battery, energy management systems and related utility-scale technologies research and development.

    EDF, which has interests in nuclear, renewables, gas as well as coal, noted it plans to develop or acquire more than 10 gigawatts of energy storage capacity by 2035. The company is also looking to grow its renewables business from its present 28 GW to 50 GW by 2030, with increasing emphasis on wind, solar storage and district heating. (Source: EDF, The National, 1 May, 2018) Contact: EDF SA,

    More Low-Carbon Energy News EDF,  Energy Storage,  Renewable Energy,  

    DTE Green Bonds to Support Low-Carbon Projects (Ind. Report)
    DTE Energy
    Date: 2018-05-02
    Jackson-based DTE Energy, Michigan's largest utility, is reporting its inaugural offering of $525 million in green bonds to finance low-carbon, clean energy projects. DTE is the nation's fifth investment-grade energy company -- and the first company in Michigan -- to sell green bonds.

    With a maturity of 30 years at an annual fixed coupon of 4.05 pct, DTE green bonds will be used to help fund the development and construction of solar arrays and wind farms, including the transmission infrastructure to support renewable energy facilities as well as strengthen energy efficiency programs to help Michigan residents and businesses save energy and reduce bills.

    DTE Energy's portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. (Source: DTE Energy, PR, 1 May, 2018) Contact: DTE Energy, Irene Dimitry, VP Business Planning & Development, David Harwood, Renewable Energy Dir.,

    More Low-Carbon Energy News Green Bond,  DTE Energy,  Low-Carbon Energy,  

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