Monthly Archives: December 2012

Pacific Ethanol to extend Maturity on $32 Million of Near-Term Debt and increase Plant Ownership to 80%

Enters into agreements to purchase an additional 13% interest in the plants, increasing its ownership interest to 80% Agrees to purchase $21.54 million in plant debt to be extended to 2016 Secures maturity extension of revolving credit line for plants to 2015 Enters into agreement to issue $22.2 million in senior unsecured notes to finance […]

Ram Power announes Grid Synchronization for its Phase II Expansion

Ram Power announced that the Phase II expansion at San Jacinto-Tizate has been successfully synchronized to the Nicaraguan national integrated electrical grid. The Company expects commercial operation of the Phase II expansion to begin at the end of the month. In addition, the Company received its final $18 million draw under the Phase II Credit […]

WSSC Going “Solar” At Two Plants Greener/Cost Savings for Ratepayers

WSSC will be adding solar photovoltaic power at two of its wastewater treatment plants to broaden its use of alternative energy sources, further reducing its carbon footprint and saving ratepayer money. Solar power is being added to WSSC’s Seneca and Western Branch Wastewater Treatment Plants through a $13 million purchase power agreement with Standard Solar, […]

New Energy Department Funding to Reduce Cost of Drop-in Biofuels

The Energy Department on December 14 announced up to $12 million in new funding for projects that aim to drive down the cost of producing gasoline, diesel, and jet fuels from biomass. These advanced biofuels can be blended with conventional petroleum fuels for use in traditional cars, trucks, and airplanes—giving U.S. consumers and businesses more […]

ScottishPower Renewables and Vattenfall formally submit Planning Application for 1200MW East Anglia One Offshore Windfarm

Three years of construction and 20 years of operations and maintenance could deliver £500m for the regional economy The 1200MW project could see construction begin in 2016 with first power exported in 2018 East Anglia Offshore Wind (EAOW), a 50-50 joint venture between Vattenfall and ScottishPower Renewables, has formally submitted a planning application for a […]

SEIA Recognizes Mayor Behm & City of Napoleon, OH as Solar Champions

Growth of solar jobs and energy set Napoleon apart With a backdrop of the Isofoton factory floor, the Solar Energy Industries Association® (SEIA®) today presented a plaque of recognition to Mayor Ronald Behm and the City of Napoleon as American Solar Champions. With two major solar installations and a growing solar manufacturing facility embedded in […]

REA responds to RO Decision for Biomass

The REA has helped secure a big win for the biomass power industry today as DECC has decided against a supplier cap for biomass power [1]. Instead, Ofgem will monitor likely deployment levels up to 400MW. If this level is exceeded, DECC will consider launching a new consultation on restricting further deployment. The REA also […]

REA responds to RO Decision for Solar Power

The REA welcomes many elements of DECC’s decisions today on support for large and mid-scale solar PV under the Renewables Obligation (RO) from April 2013 [1]. The proposed level for large scale ground-mounted solar to kick in next April is a little disappointing. It has been reduced from 2 ROCs to 1.6 ROCs – above […]

Extension of SolarMax Management

Dr. Hans-Thomas Fritzsche, until now, General Manager of the German SolarMax subsidiary, will transfer into the Board of Management of the company and as of now will take on the tasks of the CSO (Chief Sales Officer) along with Christoph von Bergen, CEO, and Dirk Hofmann, CFO. Gerald Znoyek will assume the hitherto held role […]

New ROC Rates for Solar Better than Expected

The Department for Energy and Climate Change (DECC) has announced smaller than expected cuts in its support for solar PV projects larger than 50kWp. The new rates from 2013-17 are expected to deliver steady growth in the large-scale solar PV sector. Ground-mounted projects will receive 1.6 Renewables Obligation Certificates (ROCs) per megawatt-hour (MWh) from April […]