Renovate America’s 5th Securitization Of PACE Bonds

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PACE

Published on December 3rd, 2015 | by Roy L Hales

December 3rd, 2015 by  

Originally published on the ECOreport

Since 2011, Renovate America has financed more than $1 billion in home improvements through its HERO program. This is a significant investment which is paid back over twenty years. Thus it is not surprising to read about Renovate America’s 5th securitization of PACE bonds.

Plans For 2016

“We have worked over the last three years to establish a proven asset class with PACE bonds. Now, we can also clearly demonstrate to investors the positive social and environmental impact of PACE improvements and their capacity to create clean energy jobs in local communities,” said CEO J.P. McNeill.

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Dams Can Protect Us From Climate Change

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Clean Power

Published on December 2nd, 2015 | by Roy L Hales

December 2nd, 2015 by  

Originally published on the ECOreport

Bavaria’s Sylvensteinspeicher (Sylvenstein Dam) has two power plants with a combined electrical capacity of 7 MW (26 GWh a year). Andreas Bauer, of the Regional state office for water management in Weilheim, says that while they are happy to produce electricity, this is a byproduct. The earthen embankment dam’s main purpose is to withstand floods, and retain enough water to service the surrounding are droughts. This facility has withstood a number of extreme weather events during its 56 year history. The Sylvensteinspeicher, operated by the Regional state office for water management in Weilheim as part of the Bavarian State Ministry of the Environment and Consumer Protection, is an example of how dams can protect us from climate change.

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How Nova Scotia Will Become A Green Powerhouse

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November 20th, 2015 by  

Originally published on the ECOreport

Nova Scotia has made some impressive strides towards adopting more renewable energy. Less than a decade ago, fossil fuels produced 85% of its electricity, and now it is obtaining 24% from renewables. The former carbon junkie now has a report that explains how Nova Scotia will become a green powerhouse.

Nova Scotia’s Electricity Plan 2015-2040

It is called Our Electricity Future: Nova Scotia’s Electricity Plan 2015-2040.

Though no large scale generation projects are needed before 2030, the crucial decisions that shape the province’s energy future will be made.

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When Do Solar Panels Stop Producing?

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Solar Panels

Published on November 20th, 2015 | by Roy L Hales

November 20th, 2015 by  

Originally published on the ECOreport

Though many believe the lifetime of a solar panel is twenty-five years, a number of older models have exceeded this. When Kyocera tested a 30-year-old module last year, it discovered it was still operating at 90.4% of capacity. There are 37-year-old Arco Solar (now SolarWorld USA) panels in operation. When do solar panels stop producing?

Peter Varadi, co-founder of Solarex, the world’s first solar company (1973-83) and author of Sun Above The Horizon: Meteoric Rise of the Solar Industry, suggested that Dr. John Wohlgemuth may be the person to answer the question – how long do solar panels last?

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Canada Needs To Double Its Renewable Capacity

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November 20th, 2015 by  

Originally published on the ECOreport

Thanks to the abundance of hydropower in Quebec, Manitoba, and British Columbia, Canada already obtains 65% of its electricity from clean energy sources. This puts us in an admirable position as compared with the rest of the world. A report from the Canadian Council on Renewable Electricity concludes that to meet its climate targets, Canada needs to double its renewable capacity.

Canada Needs To Double Its Renewable Capacity

Powering Climate Prosperity: Canada’s Renewable Electricity Advantage is a message for Canada’s new prime minister and the premiers the week before they depart for Paris.

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Canada’s Return To The Fight Against Climate Change

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November 18th, 2015 by  

Originally published on the ECOreport.

Catherine McKenna, Canada’s new Minister of the Environment and Climate Change, has already been in Paris. She met with her international counterparts for three days to discuss key issues prior to the upcoming United Nations Conference of the Parties (COP 21). Some of the most interesting comments came from the twitter feed. The international community welcomed Canada’s return to the fight against climate change

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HERO Financed $1 Billion Of PACE Projects

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PACE

Published on November 12th, 2015 | by Roy L Hales

November 12th, 2015 by  

Originally published on the ECOreport

Renovate America CEO J.P. McNeill does not give many press conferences. In fact, this is the first I have attended in the three years I have covered this company’s HERO PACE, but yesterday was a watershed. HERO financed $1 billion of PACE projects.

Hero Has Financed $1 billion of PACE projects

Comparison of value of projects financed and the amount of money saved as a result of those projects

“Our industry organization PACE now … has identified a total of $1.05 billion in home improvements which have been financed through the use of of Property Assessed Clean Energy, or PACE, in the United States. Renovate America, in partnership with the Western Riverside Council of Governments and 350 other cities and counties in California, has today topped the one billion mark in dollar financed,” said McNeill.

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One Of The Companies Making 100% Renewables For Vancouver Possible

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Karim Abraham, CEO of Kambo Green Solutions

November 9th, 2015 by  

Originally published on the ECOreport

Vancouver intends to be able to obtain 100% of its electricity from renewable sources by 2050. This is quite a jump from the 31% usage today and involves conservation as well as incorporating new energy sources. One of the companies that will make 100% possible is Kambo Green Solutions, which provides businesses with solutions to lower their energy needs.

A Family Business

Karim Abraham, CEO of Kambo Green Solutions

Two years ago Karim Abraham and his sister, Yasmin, observed that no one was offering a holistic way for businesses to reduce their energy consumption. So with the help of their father Areef Abraham, who has been in the energy efficiency business for +40 years, they founded Kambo as “Canada’s first one-stop destination to evaluate, calculate, install, and monitor energy efficiency solutions for businesses.”

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Three Ways Data Centers Can Use Solar Energy

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Clean Power

Published on November 4th, 2015 | by Guest Contributor

November 4th, 2015 by  

Originally published on the ECOReport.
By Srikanth Murugan

“Energy efficiency” is undoubtedly a watchword in the telecoms and data center industry. Many ICT companies now have corporate social responsibility (CSR) programs focused specifically on reducing their data centers’ carbon footprints and every data center operator wants to be able to promote the fact that their data center is green. Here are three ways to use solar energy for data centers.

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How Vancouver Can Adopt 100% Green Energy By 2050

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Buildings

Published on November 4th, 2015 | by Roy L Hales

November 4th, 2015 by  

Originally published on the ECOreport

Vancouver’s Renewable City Strategy has been released. The city currently obtains 31% of its energy from clean energy sources. Though the Acting City Manager says he finds it “hard to imagine a city without fossil fuels,” he “enthusiastically supports” the plan for Vancouver to adopt 100% green energy by 2050.

The Target

The target is “to reduce greenhouse gas emissions by 80% below 2007 levels.”

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