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Bill Nelander

Bill Nelander

Monday, 30 June 2014 18:44

June 30, 2014 - REFF Wall Street Recap

MEMBER UPDATE

June 30, 2014
REFF-Wall Street 2014

At REFF-Wall Street, Industry Leaders Discuss the Future of Financing as State-Driven Policies Lead the Way and Federal Policies Lag Behind

The 11th annual Renewable Energy Finance Forum-Wall Street (REFF-Wall Street) has come to a very successful close!
Hosted last week by ACORE and Euromoney Energy Events, the always-impressive cadre of top leaders from the financial industry, the renewable energy sector and the States of New York and California pointed to successful state-driven policies to spur private capital, along with the convergence of information technology with energy technology as critical drivers for the industry – especially while federal programs remain widely inconsistent.

This year’s REFF-WS drew over 60 expert speakers from the public and private sectors as well as the renewable energy finance field to address the gathering of over 600 delegates. Discussions focused on pressing issues as the clean energy markets are reaching a tipping point while the industry again deals with uncertainty due to a continued lack of clarity around federal tax incentives, and with the mid-term elections less than six months away.

Several of this year’s speakers and the attendees highlighted the success of state-driven policies including New York’s and Connecticut’s Green Banks, California’s cap & trade mechanism and Hawaii’s GEM program. On the federal side, although there remain a lot of questions as to the ultimate policy outcomes, many of the REFF-Wall Street participants were bullish about the potential positive impact of the EPA’s proposed carbon regulations.

With more clean energy being developed, there was consensus among participants that more innovative financing mechanisms are emerging, such as YieldCos, green bonds and securitizations. Yet certain obstacles remain – for example, project level financing, efficiency of tax equity and the ability to extend REITs and MLPs to clean energy. In addition, several speakers remarked on the how the convergence of information technology with energy technology is empowering consumers while disrupting everything from traditional utility models, to household gadgets, to transportation.

ACORE friend, partner and the Managing Director of Euromoney Energy Events, Henry Hely Hutchinson wrapped up the event by commenting: “It is an honor, a privilege and a pleasure for us at Euromoney Energy Events to be able to collaborate with ACORE on REFF-Wall Street.”

We couldn’t agree more, and we’re excited to replicate the dynamic discussion and event at REFF-West this coming September 16-17th – sign up today and we’ll see you there!

ALSO AT REFF-WALL STREET, ACORE Releases THREE New Reports

ACORE released its Northeastern Region Report, highlighting the carbon dioxide reduction leadership of the region’s Regional Greenhouse Gas Initiative (RGGI), and the region’s deployment of more than 800 MW of new renewable energy capacity in 2013. Read the press release here.

Additionally, ACORE released the Evolving Business Models for Renewable Energy report exploring key issues and providing recommendations related to the evolving power sector and increased use of renewable energy, particularly related to distributed generation and the effective integration of advanced grid technologies such as smart grids and microgrids. It is a product of ACORE’s Power Generation and Infrastructure Initiative. Read the press release here.

ACORE also released the results of its Business Leaders Opinion Polling, which included findings from a survey of 800 small and large business leaders in the Midwest and the Southwest. This research found that four in five business leaders (78 percent) say that renewable energy technologies are a real growth opportunity for the economy, and 81 percent say that using renewable energy can help their own businesses. Read the press release here

relaccx
Renewable Energy Finance Forum - West
September 16-17, 2014
San Francisco, CA

relaccx
Renewable Energy Latin American & Caribbean Conference & Expo - RELACCx
November 20-21, 2014
Fajardo, Puerto Rico

Evolving Models
Evolving Business Models for Renewable Energy

LAC Briefing
Renewable Energy in Latin America and the Caribbean

The Outlook for Renewable Energy in America

Renewable Energy in the 50 States

 

Copyright © American Council On Renewable Energy, All rights reserved.

You are receiving this email because you subscribed for our newsletter. To stop receiving it, please update your email preferences or unsubscribe.

Our mailing address is:
American Council On Renewable Energy
1600 K Street NW, Suite 650
Washington, DC 20006
202-393-0001


MEMBER UPDATE

July 7, 2014
hero pic

ACORE Launches Finish First Fellowship & Renewable Energy Pavilion at NASCAR’s Daytona Race

ACORE hosted a Renewable Energy Pavilion at NASCAR’s Daytona Race Midway this weekend to promote renewable energy in the Southeast. Through the NASCAR Green Partnership, as well as the public launch of ACORE’s STEM efforts and the Finish First Fellowship sponsored by Lockheed Martin, ACORE is bringing the benefits of renewable energy to a tremendously exciting audience. Over 6,000 fans stopped by the Pavilion to play renewable energy jeopardy, as well as learn more about wind power courtesy of Acciona, and energy project development courtesy of RES Americas. ACORE will be hosting another pavilion at the September 14th race in Joliet, IL. For more information on the ACORE-NASCAR Green Partnership, please go to: http://www.acore.org/nascar-green.

NEXT WEEK:

ABA/ACORE/BNEF Webinar: One Step Forward, Two Steps Backwards: USEPA’s Carbon Reduction Strategy for Power Plants and Transportation Fuels
Wednesday, July 16, 2014 | 12:00-1:30 pm EDT
Please join us for a webinar featuring Ernie Shea, Project Coordinator, 25x’25, and Douglas W. Smith, Partner, Van Ness Feldman LLP, and Salim Morsy, Advanced Transport Analyst, Bloomberg New Energy Finance, as they discuss the USEPA’s recently announced Clean Power Plan, the proposed 2014 renewable volume obligations (RVOs) and the impact these decisions will have on the renewable energy industry. Register today.

UPCOMING:

September 16 & 17:
7th Annual Renewable Energy Finance Forum-West
Covering a range of renewable and clean energy technologies, with a particular focus on developments in the Western U.S., topics covered at REFF-West include project financing, venture capital, renewable power generation, emerging commercial technologies, financing smaller projects, equity financing and established technologies
Register today: http://www.reffwest.com/registration

November 20 & 21:
Renewable Energy Latin America & Caribbean Conference & Exhibition
Renewable Energy Latin America & Caribbean Conference & Exhibition (RELACCx), is the premier renewable energy finance and development event for Latin America and the Caribbean. This two-day conference will take an in-depth look at political and financial landscapes, prominent and emerging markets, and existing energy infrastructure to provide the audience with the tools needed to accelerate renewable energy development in these regions. Registration now open

ACORE in the News

ACORE President Michael Brower, breaks down ACORE’s new business polling, showing a vast majority of business leaders favoring renewable energy for both their own companies and for the nation.

Former ACORE President and current managing director at Citigroup, Michael Eckhart, discusses the path to a $1 trillion market for green bonds at REFF-Wall Street 2014.

YieldCos Could Cut Renewables Costs by 20%, Study Finds

Business Leaders Talk Climate Change, Clean Energy in NYC

National Groups Join Call for Public Service Commission to Remove Solar Consultant with Oil, Gas Ties

ACORE Member News

City of Palo Alto Releases RFP for Community Solar Program - Target Capacity of 1-3 MW CEC-AC
Pre-proposal webinar: Wednesday, July 9, 2014 at 2:00 p.m. PST
The City of Palo Alto Utilities (CPAU) is issuing this Request for Proposals (RFP) to create a CPAU-branded Community Solar Program. The primary objectives for the program are 1) to help facilitate reaching the City’s target of meeting 4% of our energy needs from local solar energy by 2023 (from 0.7% in 2013), and 2) to give all of its customers – including those who rent and those without sufficient solar access – the opportunity to experience and derive benefit from cost-effective local solar development. Contact Carolynn Bissett, the Contract Administrator for the RFP with questions: This email address is being protected from spambots. You need JavaScript enabled to view it.

On the ACORE Blog

From Trash to Treasure, by Kyle McGuiness
“Waste-to-energy is an advanced clean energy industry that creates jobs, protects the environment, and isn’t susceptible to wild price swings driven by foreign affairs. It’s time we take notice.”

New Resources

Renewable Energy in the 50 States: Northeast Region Report, June 2014

Evolving Business Models for Renewable Energy, authored by ACORE's Power Generation Initiative members

ACORE Poll Shows Midwest & Southwest American Business Leaders Favor Renewable Energy

 

CLAIM: Businesses know renewable energy is a bad investment.

FACT: More companies and investors are investing in clean energy than ever before, and significant cost reductions have ensured they’re getting more “bang for their buck.”

logo twitter Click here to get the facts about renewable energy investment at EnergyFactCheck.org.

Policy Overview

This past week, the U.S. Environmental Protection Agency (EPA) expanded the types of fuel that can be used to satisfy the Renewable Fuel Standard (RFS)’s annual Renewable Volume Obligations (RVO), which could impact the agency's delayed targets for 2014 renewable fuel use. The EPA finalized a plan allowing compressed natural gas and liquefied natural gas produced using biogas from landfills, manure digesters and sewage treatment plants to qualify as cellulosic biofuel. Electricity generated from biogas and used to power electric vehicles would also qualify to meet the cellulosic portion of the federal biofuel mandate. This new fuel definition comes in conjunction with rollout of the nation’s first commercial-scale gallon of cellulosic ethanol from crop residues, in addition to EPA’s updated RFS Renewable Identification Number (RIN) Quality Assurance Program to prevent fraud and expand biofuels definitions.

The U.S. offshore wind industry took several steps forward last week with the Cape Wind Project receiving a $150m Department of Energy (DOE) Loan Guarantee and the Department of Interior’s announcement that nearly 80,000 acres of offshore Maryland will be offered for commercial wind energy development in an August 19, 2014 competitive lease sale. Cape Wind Associates, LLC received a conditional $150m loan guarantee from DOE to build what may be the nation’s first offshore wind farm, off the Massachusetts coast. “Cape Wind has received commitments for about half of the estimated $2.6bn it needs, and will qualify for the Energy Department guarantee when it arranges for the balance,” said Peter Davidson, director of the department’s loans program.

In Maryland, Secretary of the Interior Sally Jewell, Maryland Governor Martin O’Malley and Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank announced the 80,000 acre offshore Maryland lease sale. This lease sale is part of DOI’s sustainable Atlantic Coast offshore wind program - ‘Smart from the Start.’ Sixteen companies have qualified to participate in the auction for the Maryland Wind Energy Area. According to analysis prepared by DOE’s National Renewable Energy Laboratory (NREL), if fully developed, the Maryland Wind Energy Area could support between 850 and 1,450 MW of commercial wind generation, enough electricity to power 300,000 homes.

Executive Branch
News

July 2: Interior to Auction Nearly 80,000 Acres Offshore Maryland for Wind Energy Development

July 2: Congress Must Protect Military Energy Security

July 1: DOE Backs Up Cape Wind with $150m Loan Guarantee

July 1: US Navy Sustainability is Sound Policy

June 30: Obama's Climate Policy Could Add $1.3t to GDP

June 30: BOEM to Commence Study on Offshore Wind Tourism Impacts

June 30: BLM Has First Successful Solar Auction Since Setup of Southwest Sites

Rules and Regulations

July 3: U.S. EPA Approves New Fuels for Federal Biofuel Mandate

Funding Opportunity

July 3: Energy Department Makes Additional $4bn in Loan Guarantees Available for Innovative Renewable Energy and Efficient Energy Projects

Legislative Branch
Upcoming Hearings

July 8: Senate Foreign Relations Committee Hearing on European Energy Security

July 9: House Appropriations Committee Mark-up of FY'15 Interior Appropriations Bill

July 11: House Energy Committee Hearing on States vs. Federal Environmental Policy Implementation

State Policy
News

July 3: FitzGerald Reveals Plan to Push Ohio Green Energy

July 3: NY Putting Clean Energy Industry to Work

July 3: N.J. Bill Would Benefit Landfill Gas-to-Energy Projects

July 1: Minnesota Requirement of 10% Biofuel Blend Minimum at Pump Begins

June 30: Illinois Gov. Unlocks $30m for Solar, Half of Funds for <25kW, Boost to Rooftop Industry

June 30: NY Supreme Court Upholds Towns’ Rights to Ban Fracking

June 30: Supreme Court Declines to Hear Interstate Dispute Over California Biofuel Standard

Reports

Tracking Renewable Energy for the U.S. EPA's Clean Power Plan. Center for Resource Solutions, June 2014.

 

Green=ACORE Member

General

According to BNEF, renewable energy may reap as much as two-thirds of the $7.7T in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels.

Southern California Edison has launched a 290 MW round of solicitations for small-scale renewable source projects, including solar, wind, geothermal and biomass facilities between 3 MW and 20 MW.

GridPoint Inc., a closely held provider of energy-management technology, added $6m to a funding round it announced in May.

Solar

Vestas Wind Systems A/S won orders totaling 450 MW from Electricite de France SA’s renewable unit to supply two U.S. wind farms.

OPIC will provide $230m to help finance a 141 MW solar plant in Chile to be built by First Solar.

SunEdison closed its purchase of AES Corp.’s stake in the Silver Ridge Power LLC venture for $178.6m in cash.

Public Service Enterprise Group’s solar unit agreed to buy a 13 MW project from Juwi Solar Inc. for $22m.

Wind

Pattern Development’s YieldCo has closed on its 172 MW acquisition of Panhandle 1 in Texas.

EDF Renewable Energy has agreed to sell electricity from a 150 MW wind farm in Kansas to Great Plains Energy Inc.

Biofuels

Quad County Processors produced Iowa’s first batch of cellulosic ethanol, which was distilled from corn fiber.

Sunlight Photonics Inc is focused on development of SUNLINK™ solar UAVs and SUNFLEET™ wireless communications network systems and services. The company was formed in 2007 by a team of former Bell Labs and NASA scientists and engineers to address needs for a new generation of advanced PV and hybrid power systems and solar UAVs capable of high endurance and high performance that can be manufactured at competitive cost. Sunlight is addressing emerging applications, in which the advantages of its unique UAV designs, multi-mode power systems and communications technologies are effectively utilized. Solar UAVs represent a large growing market of global significance and the company’s unique capabilities can address many of the outstanding challenges for successful implementation.

relaccx
Renewable Energy Finance Forum - West
September 16-17, 2014
San Francisco, CA

relaccx
Renewable Energy Latin American & Caribbean Conference & Expo - RELACCx
November 20-21, 2014
Fajardo, Puerto Rico

Biomass 2014
July 29-30, 2014
Washington, DC

The Cleantech Open Mid-Atlantic is seeking entrepeneurs. Learn more.

Renewable Energy in the 50 States - Northeast Region Report

Evolving Models
Evolving Business Models for Renewable Energy

LAC Briefing
Renewable Energy in Latin America and the Caribbean

The Outlook for Renewable Energy in America

Renewable Energy in the 50 States

 

renewable_energy_landscape

power
ACORE members can view this documentary on the economics of renewable energy and EVs for FREE!

Copyright © American Council On Renewable Energy, All rights reserved.

You are receiving this email because you subscribed for our newsletter. To stop receiving it, please update your email preferences or unsubscribe.

Our mailing address is:
American Council On Renewable Energy
1600 K Street NW, Suite 650
Washington, DC 20006
202-393-0001

les

ACORE Launches Finish First Fellowship & Renewable Energy Pavilion at NASCAR’s Daytona Race.
This message contains graphics. If you do not see the graphics, click here to view.

MEMBER UPDATE

July 7, 2014
hero pic

ACORE Launches Finish First Fellowship & Renewable Energy Pavilion at NASCAR’s Daytona Race

ACORE hosted a Renewable Energy Pavilion at NASCAR’s Daytona Race Midway this weekend to promote renewable energy in the Southeast. Through the NASCAR Green Partnership, as well as the public launch of ACORE’s STEM efforts and the Finish First Fellowship sponsored by Lockheed Martin, ACORE is bringing the benefits of renewable energy to a tremendously exciting audience. Over 6,000 fans stopped by the Pavilion to play renewable energy jeopardy, as well as learn more about wind power courtesy of Acciona, and energy project development courtesy of RES Americas. ACORE will be hosting another pavilion at the September 14th race in Joliet, IL. For more information on the ACORE-NASCAR Green Partnership, please go to: http://www.acore.org/nascar-green.

NEXT WEEK:

ABA/ACORE/BNEF Webinar: One Step Forward, Two Steps Backwards: USEPA’s Carbon Reduction Strategy for Power Plants and Transportation Fuels
Wednesday, July 16, 2014 | 12:00-1:30 pm EDT
Please join us for a webinar featuring Ernie Shea, Project Coordinator, 25x’25, and Douglas W. Smith, Partner, Van Ness Feldman LLP, and Salim Morsy, Advanced Transport Analyst, Bloomberg New Energy Finance, as they discuss the USEPA’s recently announced Clean Power Plan, the proposed 2014 renewable volume obligations (RVOs) and the impact these decisions will have on the renewable energy industry. Register today.

UPCOMING:

September 16 & 17:
7th Annual Renewable Energy Finance Forum-West
Covering a range of renewable and clean energy technologies, with a particular focus on developments in the Western U.S., topics covered at REFF-West include project financing, venture capital, renewable power generation, emerging commercial technologies, financing smaller projects, equity financing and established technologies
Register today: http://www.reffwest.com/registration

November 20 & 21:
Renewable Energy Latin America & Caribbean Conference & Exhibition
Renewable Energy Latin America & Caribbean Conference & Exhibition (RELACCx), is the premier renewable energy finance and development event for Latin America and the Caribbean. This two-day conference will take an in-depth look at political and financial landscapes, prominent and emerging markets, and existing energy infrastructure to provide the audience with the tools needed to accelerate renewable energy development in these regions. Registration now open

ACORE in the News

ACORE President Michael Brower, breaks down ACORE’s new business polling, showing a vast majority of business leaders favoring renewable energy for both their own companies and for the nation.

Former ACORE President and current managing director at Citigroup, Michael Eckhart, discusses the path to a $1 trillion market for green bonds at REFF-Wall Street 2014.

YieldCos Could Cut Renewables Costs by 20%, Study Finds

Business Leaders Talk Climate Change, Clean Energy in NYC

National Groups Join Call for Public Service Commission to Remove Solar Consultant with Oil, Gas Ties

ACORE Member News

City of Palo Alto Releases RFP for Community Solar Program - Target Capacity of 1-3 MW CEC-AC
Pre-proposal webinar: Wednesday, July 9, 2014 at 2:00 p.m. PST
The City of Palo Alto Utilities (CPAU) is issuing this Request for Proposals (RFP) to create a CPAU-branded Community Solar Program. The primary objectives for the program are 1) to help facilitate reaching the City’s target of meeting 4% of our energy needs from local solar energy by 2023 (from 0.7% in 2013), and 2) to give all of its customers – including those who rent and those without sufficient solar access – the opportunity to experience and derive benefit from cost-effective local solar development. Contact Carolynn Bissett, the Contract Administrator for the RFP with questions: This email address is being protected from spambots. You need JavaScript enabled to view it.

On the ACORE Blog

From Trash to Treasure, by Kyle McGuiness
“Waste-to-energy is an advanced clean energy industry that creates jobs, protects the environment, and isn’t susceptible to wild price swings driven by foreign affairs. It’s time we take notice.”

New Resources

Renewable Energy in the 50 States: Northeast Region Report, June 2014

Evolving Business Models for Renewable Energy, authored by ACORE's Power Generation Initiative members

ACORE Poll Shows Midwest & Southwest American Business Leaders Favor Renewable Energy

CLAIM: Businesses know renewable energy is a bad investment.

FACT: More companies and investors are investing in clean energy than ever before, and significant cost reductions have ensured they’re getting more “bang for their buck.”

logo twitter Click here to get the facts about renewable energy investment at EnergyFactCheck.org.

Policy Overview

This past week, the U.S. Environmental Protection Agency (EPA) expanded the types of fuel that can be used to satisfy the Renewable Fuel Standard (RFS)’s annual Renewable Volume Obligations (RVO), which could impact the agency's delayed targets for 2014 renewable fuel use. The EPA finalized a plan allowing compressed natural gas and liquefied natural gas produced using biogas from landfills, manure digesters and sewage treatment plants to qualify as cellulosic biofuel. Electricity generated from biogas and used to power electric vehicles would also qualify to meet the cellulosic portion of the federal biofuel mandate. This new fuel definition comes in conjunction with rollout of the nation’s first commercial-scale gallon of cellulosic ethanol from crop residues, in addition to EPA’s updated RFS Renewable Identification Number (RIN) Quality Assurance Program to prevent fraud and expand biofuels definitions.

The U.S. offshore wind industry took several steps forward last week with the Cape Wind Project receiving a $150m Department of Energy (DOE) Loan Guarantee and the Department of Interior’s announcement that nearly 80,000 acres of offshore Maryland will be offered for commercial wind energy development in an August 19, 2014 competitive lease sale. Cape Wind Associates, LLC received a conditional $150m loan guarantee from DOE to build what may be the nation’s first offshore wind farm, off the Massachusetts coast. “Cape Wind has received commitments for about half of the estimated $2.6bn it needs, and will qualify for the Energy Department guarantee when it arranges for the balance,” said Peter Davidson, director of the department’s loans program.

In Maryland, Secretary of the Interior Sally Jewell, Maryland Governor Martin O’Malley and Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank announced the 80,000 acre offshore Maryland lease sale. This lease sale is part of DOI’s sustainable Atlantic Coast offshore wind program - ‘Smart from the Start.’ Sixteen companies have qualified to participate in the auction for the Maryland Wind Energy Area. According to analysis prepared by DOE’s National Renewable Energy Laboratory (NREL), if fully developed, the Maryland Wind Energy Area could support between 850 and 1,450 MW of commercial wind generation, enough electricity to power 300,000 homes.

Executive Branch
News

July 2: Interior to Auction Nearly 80,000 Acres Offshore Maryland for Wind Energy Development

July 2: Congress Must Protect Military Energy Security

July 1: DOE Backs Up Cape Wind with $150m Loan Guarantee

July 1: US Navy Sustainability is Sound Policy

June 30: Obama's Climate Policy Could Add $1.3t to GDP

June 30: BOEM to Commence Study on Offshore Wind Tourism Impacts

June 30: BLM Has First Successful Solar Auction Since Setup of Southwest Sites

Rules and Regulations

July 3: U.S. EPA Approves New Fuels for Federal Biofuel Mandate

Funding Opportunity

July 3: Energy Department Makes Additional $4bn in Loan Guarantees Available for Innovative Renewable Energy and Efficient Energy Projects

Legislative Branch
Upcoming Hearings

July 8: Senate Foreign Relations Committee Hearing on European Energy Security

July 9: House Appropriations Committee Mark-up of FY'15 Interior Appropriations Bill

July 11: House Energy Committee Hearing on States vs. Federal Environmental Policy Implementation

State Policy
News

July 3: FitzGerald Reveals Plan to Push Ohio Green Energy

July 3: NY Putting Clean Energy Industry to Work

July 3: N.J. Bill Would Benefit Landfill Gas-to-Energy Projects

July 1: Minnesota Requirement of 10% Biofuel Blend Minimum at Pump Begins

June 30: Illinois Gov. Unlocks $30m for Solar, Half of Funds for <25kW, Boost to Rooftop Industry

June 30: NY Supreme Court Upholds Towns’ Rights to Ban Fracking

June 30: Supreme Court Declines to Hear Interstate Dispute Over California Biofuel Standard

Reports

Tracking Renewable Energy for the U.S. EPA's Clean Power Plan. Center for Resource Solutions, June 2014.

Green=ACORE Member

General

According to BNEF, renewable energy may reap as much as two-thirds of the $7.7T in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels.

Southern California Edison has launched a 290 MW round of solicitations for small-scale renewable source projects, including solar, wind, geothermal and biomass facilities between 3 MW and 20 MW.

GridPoint Inc., a closely held provider of energy-management technology, added $6m to a funding round it announced in May.

Solar

Vestas Wind Systems A/S won orders totaling 450 MW from Electricite de France SA’s renewable unit to supply two U.S. wind farms.

OPIC will provide $230m to help finance a 141 MW solar plant in Chile to be built by First Solar.

SunEdison closed its purchase of AES Corp.’s stake in the Silver Ridge Power LLC venture for $178.6m in cash.

Public Service Enterprise Group’s solar unit agreed to buy a 13 MW project from Juwi Solar Inc. for $22m.

Wind

Pattern Development’s YieldCo has closed on its 172 MW acquisition of Panhandle 1 in Texas.

EDF Renewable Energy has agreed to sell electricity from a 150 MW wind farm in Kansas to Great Plains Energy Inc.

Biofuels

Quad County Processors produced Iowa’s first batch of cellulosic ethanol, which was distilled from corn fiber.

Sunlight Photonics Inc is focused on development of SUNLINK™ solar UAVs and SUNFLEET™ wireless communications network systems and services. The company was formed in 2007 by a team of former Bell Labs and NASA scientists and engineers to address needs for a new generation of advanced PV and hybrid power systems and solar UAVs capable of high endurance and high performance that can be manufactured at competitive cost. Sunlight is addressing emerging applications, in which the advantages of its unique UAV designs, multi-mode power systems and communications technologies are effectively utilized. Solar UAVs represent a large growing market of global significance and the company’s unique capabilities can address many of the outstanding challenges for successful implementation.

relaccx
Renewable Energy Finance Forum - West
September 16-17, 2014
San Francisco, CA

relaccx
Renewable Energy Latin American & Caribbean Conference & Expo - RELACCx
November 20-21, 2014
Fajardo, Puerto Rico

Biomass 2014
July 29-30, 2014
Washington, DC

The Cleantech Open Mid-Atlantic is seeking entrepeneurs. Learn more.

Renewable Energy in the 50 States - Northeast Region Report

Evolving Models
Evolving Business Models for Renewable Energy

LAC Briefing
Renewable Energy in Latin America and the Caribbean

The Outlook for Renewable Energy in America

Renewable Energy in the 50 States


renewable_energy_landscape

power
ACORE members can view this documentary on the economics of renewable energy and EVs for FREE!

Copyright © American Council On Renewable Energy, All rights reserved.

You are receiving this email because you subscribed for our newsletter. To stop receiving it, please update your email preferences or unsubscribe.

Our mailing address is:
American Council On Renewable Energy
1600 K Street NW, Suite 650
Washington, DC 20006
202-393-0001

les

 

Michael R. Brower Keynote Address
GO SOLAR Renewable Energy Fest Greater Fort Lauderdale-Broward County Convention Center
June 6-7, 2014

Good morning, I am Michael Brower and I am the President and Chief Executive Officer of the American Council On Renewable Energy…. ACORE.

Thank you Kay, Administrator Henry and Mayor Sharief for your kind invitation to speak with this very important group of Renewable Energy leaders and game-changers!

I am gratified by your invitation in support of this exceptionally important element of the renewable energy value proposition which is so important to our national security, economic security and environmental security and OBTW, I think solar power is way cool!

Speaking of security, this week in Washington, the Administration published the proposed rule for power plant carbon emissions. This is very important business for all renewables.

We all know clean, renewable energy is affordable, scalable, and reliable.

As we expand renewable capacity with scale, costs go down.

This new proposed rule pushes away from high carbon emissions and leads renewables toward the bright sunlit uplands because we are the cleanest, most efficient and effective way to generate CO2-neutral power. Truly, it is a bright move.

But doing right and good things is never easy…. A few days ago my friend, EPA Administrator Gina McCarthy, noted that every attempt to stifle the harmful emissions of fossil fuel energy has been met with doomsday predictions… that never pan out.

I suggest, that’ll be the case with these new proposed regulations as well.

For example, the U.S. Chamber of Commerce study cited by many opponents of the proposed rule assumed much more stringent Clean Air Act Section 111(d) regulations than the Administration actually proposed…thus once again those opponents are basing their so-called fact-based arguments on their incorrect assumptions and guesses.

Somehow, such an approach fails to inspire confidence.

Don’t get me wrong, I believe everyone has a right to their opinions.

That is the cornerstone of our democracy and the constitution, which I swore to support and defend all those many years ago when I became an officer and aviator for the Navy here in Florida.

But it is clear, as the late and very great, Senator Daniel Patrick Moynihan was apt to often remind me, “ Brower, everyone has a right to their own opinion, but no one has a right to their own facts. Fact is Fact.”

Fact is…. affordable clean renewable energy makes complying with the proposed rule less expensive not more expensive. We’ve seen this validated by the RGGI Compact in the Northeast where fuel switching, improved energy efficiency, increased renewable energy output caused emissions to drop by 29% since RGGI launched. While electricity prices are lower than they were before RGGI took effect and we know, from 2010 to 2012, the costs of complying with the renewable energy portfolio standards across 24 states represented just 1% of retail electricity rates.

Cases in point, last year, the average wind energy power-purchase-agreement in the Midwestern U.S. was just 4.8 cents per kW/h.

The EPA forecasts the new power plant regulations will be able to bring electricity prices down by 8% by 2030.

And let’s never forget about the role renewable energy’s first cousin… energy efficiency… can play in meeting these rules.

Peer reviewed research demonstrates that saving energy is generally about 1/3rd cheaper than generating it.

Fact is, there is no basis for the claims that these rules will significantly raise electricity costs.

Properly, the states are being allowed great flexibility to decide how to meet these carbon reduction goals.

That means that, under the proposed rule, Florida can choose the portfolio of clean renewable energy that works the best for Florida.

And after all Florida is the Sunshine State….and no matter what anyone says Florida sunshine is perfect for solar PV, concentrated solar power, solar thermal, solar drying and every other use of this inexhaustible renewable solar resource you might think of.

As mentioned in my introduction, early in my adult life I was a Naval officer and aviator… in fact when I was more senior, I visited Fort Lauderdale in the aircraft carrier USS John F. Kennedy.

One thing that the Navy taught me was the value of Science, Technology, Engineering and Mathematics…STEM. Something that mystified me at University, and not until flying and navigating on the open ocean did I realize that everything I learned from Euclid was right. Euclid told us: Things which are equal to the same things are equal to each other. That's a rule of mathematical reasoning and its true because it works - has done and always will work. Euclid said this fact is self-evident.

Today, I suggest to you that the national security, economic security and environmental security renewable energy value proposition are equal to each other and thus are the same things.

So, why then did I come to Broward County and your Go Solar Fest? Mostly because nationally, efforts like Go Solar, over the past decade have successfully demonstrated that local governments and their citizen constituencies are the vanguard blazing the pathway forward for renewable energy and energy efficiency improvements.

The effectiveness of local action, led by you, your neighbors and local leaders with homes in your community —have far and away--regularly exceeded the effect of efforts taken by bigger governments. Efforts like Go Solar are motivated by the “right stuff.” The creation of local jobs, local reduction of energy costs, community solutions to climate and pollution, and local advancement of your own sustainability goals.

Today, around the world, governments at the community, city, regional, island, and even small country levels have begun to forge their own transition pathways toward a 100% renewable energy future. So I am here from ACORE to share some of the linkages between your imperative local renewable energy development efforts and the often complex landscape of national and global efforts.

I am sure you understand that I could talk for hours about the American Council On Renewable Energy; but the Go Solar planners asked me to be accurate. Be brief. And be seated. So, I promise I will be as brief as possible… no matter how long it takes.

ACORE is based in Washington DC…ACORE is a 501(c)(3) non-profit membership organization and is dedicated to building a secure and prosperous America and world with clean, renewable energy. ACORE provides a common educational platform for a wide range of interests in the renewable energy community, focusing on technology, finance, policy and project and market development. We convene thought leadership forums and create energy industry partnerships. The scope of ACORE's national membership spans all constituencies in the renewable energy sector, including financial institutions, project developers, government leaders, educators, end-users, professional service providers and allied non-profit groups.

We facilitate communications among our members, their stakeholders and the media. We exist because there is a real world requirement for a unifying voice for renewable energy.

Since ACORE uniquely represents all renewable sources, we are able to provide that unifying voice making the business case for all renewable energy technologies and resources. Equally, ACORE actively combats disinformation, attacks misinformation and sets the record straight. Using fact not opinion to influence, ACORE suggests we are helping to reframe the national energy discussion to build broader bipartisan support for modernizing energy policy and improving access to capital in order to promote the development and deployment of clean, renewable energy. We educate, advise and focus the business community, policy makers, and the public on the value proposition of renewable energy using:

Energy Fact Check.org—A website that refutes misinformation by providing the facts, stats and information necessary to rebalance the discussion of energy in America. The facts and nothing but the facts…that’s EnergyFactCheck.org.

The Energy Communicators Group (ECG)—A group of 600 + renewable energy industry-wide communicators who coordinate on communications strategy and messaging. The daily ECG Note—each day, we electronically deliver news, reports and information, coordination of push-back and/or amplification on important renewable energy stories and events.

Capitol Energy— each week, ACORE publishes an electronic brief of news, reports, information and events sent to over 2,000 Senators, Representatives and Capitol Hill energy staffers to get them up to speed and keep them focused on critical renewable energy updates.

ACORE.org—ACORE updates this industry news feed daily. Through our site, we provide our members and the public with a Resources section with ACORE and industry reports and papers; a repository of ACORE press releases; and the ACORE Blog. This is an amazing website…please visit if you have a moment.

We are all over Twitter and Facebook: Follow us @ACORE and @EnergyFactCheck. Everybody at ACORE tweets…even me. Feel free to follow me @acoremrb.

But please don’t think ACORE is all cyberspace.

This year, ACORE inaugurated a partnership with NASCAR Green to engage, educate and hear from over 110 million NASCAR fans on renewable energy and energy efficiency. Simply, NASCAR Green is the most innovative and effective sustainability program in the entire world of US sport. Lockheed Martin Corporation is our Founding Sponsor for the ACORE-NASCAR Green Partnership. Today Lockheed is working very diligently with the ACORE team to encourage global energy literacy on renewable energy, energy efficiency, and sustainability.

We are working together to encourage STEM education relative to renewable energy like solar, and to demonstrate why the four STEM disciplines are critical to the success of America’s national security, economic security and environmental security future.

You know, America has always thrived on innovation. And ACORE is certain we must foster the next generation of innovators to continue to develop renewable and sustainable solutions to meet the world’s ever growing energy needs. Engaging with NASCAR, the nation’s most advanced technology sport, helps ACORE promote innovation. Our NASCAR partnership enhances our message about the values of renewable energy.

LOUD AND CLEAR to the 110 million Americans who are NASCAR fans.

If you are one such fan or want to be one, please come see us and visit our pavilion at the Daytona 500 on 4th of July! And at other races around the country!

Until then, let’s take a moment to explore how solar power enhances our national, economic and environmental security.

SOLAR In the US

New U.S. solar installations, as expected, are accelerating, going from a cumulative 10 GW in mid-2013 to almost what projects to be 20 GW by the end of 2014. North America was led by the United States, which was the third largest global country-level market for solar installations in 2013.

U.S. installations were up 41% over 2012 to 4.8 GW, for a total of 12.1 GW installed. This is changing the game for U.S. consumers. California installed more than half of this new capacity California is the first major U.S. residential market to successfully transition away from state-level incentives.

Nationwide successful manufacturers have continued expanding into project development, operations, and maintenance. They are also building strategic partnerships to advance technologies and expand markets. For example, First Solar acquired GE’s cadmium telluride portfolio, while both announced a partnership to advance thin films; SolarCity teamed up with American Honda and BMW to make solar PV more affordable for hybrid and electric vehicle owners. Recently, Austin Energy in Texas signed a power purchase agreement for 150 MW of solar energy at 5 cents per kW/h. That’s less than half the average retail price of electricity in the U.S. In Minnesota, a judge ruled that a $250 million solar plan represented a better value than four competing natural gas proposals. Face to face solar energy beat fossil fuels on a cost-comparison without a state subsidy.

Why is all this so important? Jobs measure economic security, my friends, U.S. jobs. U.S. solar employed 142,698 on 11/31/13, up from 119,016 on 9/30/12. That’s 23,682, or 19.9%, more jobs in just over one year. Importantly, 77% of those new jobs were newly created positions--rather than replacing existing workers--that is a signal of growing national solar capacity. Solar is a strong employer of veterans… a matter very close to my heart… 9.2% of all solar workers, compared to a 7.57% in the national economy, are women and men who served our nation’s call. Equally, solar beats the national averages when it comes to employing our minority communities, including Latinos, Pacific Islanders, and Asians.

The jobs –and the falling costs- don’t lie. Today, the U.S. is approaching solar grid parity and solar power price commodization. Right now, in California and the U.S. Southwest, there is near grid parity for solar power. These are amazing days we are living in.

Solar Worldwide

Beyond the U.S., the most significant renewables growth occurred in the power sector with global capacity exceeding 1,560 gigawatts (GW), up more than 8% over 2012. For the first time, the world added more solar PV than wind power capacity; solar PV and hydropower were essentially tied, each accounting for about one-third of new renewable capacity. Solar PV has continued to expand at a rapid rate, with annual growth in global capacity averaging almost 55% over the past five years.

Last year, for the first time in more than a decade, Europe was no longer the top market for new solar power installations. About 11 GW of PV capacity was connected to the grid in Europe in 2013. But China was the top market last year with 11.8 GW, followed by Japan with 6.9 GW and the United States with 4.8 GW. As of 2013, the cost per MWH of rooftop solar was below retail electricity prices in several countries, including Australia, Brazil, Denmark, Germany, and Italy. During 2013 and early 2014, more and more large plants were commissioned in several countries—including Jordan, Kuwait, Saudi Arabia, and the United Arab Emirates.

There are also many promising markets across Africa. One of the continent’s largest markets to date is South Africa, which has procured substantial capacity under a government bidding process and connected their first plant (75 MW) to the grid in late 2013.

By early 2014, the world’s 50 biggest plants reached cumulative capacity exceeding 5.1 GW. At least 14 of these facilities came on line in 2013. By one estimate, solar PV is deemed to be competitive without subsidies in at least 19 markets (in 15 countries).

Latin America

Increasing interest in renewable energy in the Latin American and Caribbean region is reflected in ambitious targets and policy support. For example, Uruguay aims to generate 90% of its electricity from renewable sources. While Grenada is targeting 20% of its primary energy from renewables by 2020. In Brazil, hydropower expansion is expected to become increasingly constrained by environmental sensitivity and the remoteness of much of the remaining resource.

In the Caribbean, countries are aggressively pursuing the deployment of renewables to reduce their heavy reliance on fossil fuels.

Across the region, despite having an average electrification rate of almost 95%, energy access remains a challenge: an estimated 24 million people, primarily in rural and remote areas, still lack access to electricity. Some countries have achieved virtually 100% electrification, while others have far to go. Renewables will play an important role in achieving universal energy access in these places because solar energy is abundant across the region. And while solar PV represents an increasingly important opportunity for off-grid and rural areas, the market has experienced an overall shift from small domestic applications to larger-scale power plants.

This improved environment for renewables is attracting new national and international investors. The region saw significant increases, in Chile, Mexico, and Uruguay investment was over 1 billion US$ each for renewables. Crystal ball gazers claim Peru is the next hot-spot.

Despite any near term challenges, the region is demonstrating unprecedented growth and significant opportunities for expansion. If you are interested in Latin American and the Caribbean, ACORE is convening the Renewable Energy Latin America and Caribbean Conference and Exhibition… RELACCX 2014 in Fajardo, Puerto Rico, in November 2014. Please join us in Puerto Rico, and in the meantime, follow us on Twitter at R-E-L-A-C-C-x.

Benefits of Solar Power

One of the advantages of solar energy growth is clearly the financial benefit. As I shared, solar energy costs have fallen off a cliff. That’s a tactical advantage for solar energy — it can compete with the cost of retail electricity. The bad news is that the price of fossil-fuelled & nuclear electricity is projected to rise considerably in decades ahead. There are many old fossil-fuelled & nuclear power plants that need to retire. New power plants and infrastructure cost a lot more than old ones.

Going solar fixes your price of electricity for decades to come, which helps your immunity to the direct cost of future electricity. One of the reasons, Elon Musk is spending billions to build his game-changing battery storage plant in Arizona instead of going for cheap fossil fuel in Mississippi is that after amortization the Arizona solar power is basically free. I understand, it’s the same sun that shines on Florida!

Solar PV is free of carbon and free of inputs to air and water pollution.

Solar helps to conserve water, which is vital to the energy-water nexus because U.S. non-hydro electricity generation uses more water than agriculture. You know, that west of the U.S. 100th meridian, which runs North-South through the middle of Kansas, nearly 90% of the land fits the definition of semi-arid, arid or desert lands. Well, solar PV uses 20 times less water per kWh of electricity than nuclear power plants and 16 times less water than coal power plants.

When it comes to carbon avoidance, a solar power system for a typical 3-bedroom home offsets 50 tons of CO2 over 20 years, saving the equivalent of: driving a car 125,000 miles, the CO2 absorbed by 60 trees, 12.1 tons of coal. AND TO MY WATER ENERGY-NEXUS POINT… saving the 40,000 gallons of water used generating the electricity.

These benefits, combined with better health and a healthier environment, don’t encapsulate all of the benefits of solar energy —but they are certainly important ones.

Advances in Solar Power

In 1953, a time I remember very well, solar efficiency was 4.5%, a 230W panel was 192 sq ft and the uninstalled cost of one watt was $1,785. In 2012, solar efficiency was over three times better, a 230W panel was 11 times more compact, and the uninstalled cost of one watt had fallen by over 99% to $1.30. Just two years later, the same 230W panel is even smaller and the uninstalled cost of one watt is .64 cents.

There are many reasons why solar panel prices are down so much. Those reasons are STEM…Science, Technology, Engineering and Math….and Scale. STEM experts made these key efficiency advancements in solar panel technologies. Panel efficiency and technology growth to effective scale are equal factors. Smaller more efficient panels = more yield per square foot=more capacity=lower price=national security, economic security and environmental security.

LMI

The phrase ‘low-income’ rarely appears in solar energy press coverage in the United States. But some have set their sights on expanding the market for residential solar to include low-to-moderate-income communities. According to the U.S. government, low income Americans pay 9.2% more than the average U.S. household on their average electricity bill. Three approaches – group discount programs, affordable leases, and community solar installations – are making solar power available to these communities in some states. While group discount programs and affordable leases are designed for homeowners, community solar installations also include renters and property owners whose homes are not suitable for solar panels. The present barriers preventing solar power from reaching some low-income communities include requirements related to home ownership and credit scores. Here, your local leaders can be most effective in breaking down barriers.

WHAT CAN YOU?

Clearly, the benefits of solar abound…as do opportunities for getting involved.

  1. Encourage distributed solar generation to your local, state and national leaders.
  2. Ask them to implement policies that support the deployment of solar with energy storage at critical facilities that provide services to all your community members.
  3. Encourage your leadership to use existing bond financing tools to finance solar on public buildings and non-profit-owned facilities.
  4. Integrate public funding of solar PV in communities to workforce development funds and job training programs.
  5. Combine bulk purchasing programs like consumer purchasing co-op models with energy consumer education.
  6. The legislature or local government can create innovative public benefits funds to leverage private investment in renewable energy projects benefiting communities.

My friends, in closing, I am reminded of two important thoughts, which to me equal each other.

First, I heard a story about a traveler who visited a Greek monastery… perched high on a steep mountain.

The only way to reach the monastery was in a rope basket.

The traveler got into the basket, and just as he was about to be taken up the steep cliff wall, he noticed that the rope lifting the basket was frayed.

He asked the monk. “How often is the rope replaced?”

The monk said, “every time it breaks.”

Sadly that has been the attitude of the fossil fuel industry for almost 60 years.

But when the rope breaks this time, it’ll mean global temperature increase by 2.6 degrees… as soon as 2040… and that’s a fact.

That, my friends, is a national security, economic security, and environmental security show-stopper.

I say... let’s replace the rope before it breaks with clean renewable energy and take the best advantage possible using Florida’s abundant solar resource.

Second, I am reminded of a lesson Mother Teresa, who dedicated her every sinew and fiber to the glory of God and the dignity of mankind, taught us: When Mother Teresa was awarded the Nobel Peace Prize in 1979, she said, “When we work hard all day long, it feels like we are only a drop in the ocean. But if our individual drops were not in the ocean…the ocean would be dry.”

So I offer to GO SOLAR… Each one of you is a drop in OUR carbon-free ocean. And, without each of you it will be empty, lifeless and dry. Please…. Never forget how important your efforts are.

So, I am pleased to admit, I stand with you and Thomas Edison who said, when asked about the best way to generate electricity, “I’d put my money on the sun and solar energy.” Smart guy Thomas Edison.

Thank you.

Friday, 30 May 2014 15:24

ACORE Fellowship Program FAQs

  1. Are these fellowships paid positions?
    1. The F3 program will provide competitive pay and potential reimbursement for travel and housing.

  2. Will I receive University credit?
    1. No

  3.  What is the time frame?
    1. The F3 program will run for approximately 7-10 weeks during the summer of 2015.

  4. How many submissions are you taking?
    1. We will accept up to 1,000 submissions for the ACORE Fellowship Program.

  5.  When will I hear if I have been accepted to the program?
    1. We will be accepting submissions from 6/1/14 through 11/14/14 or until we receive 1,000 submissions. Down selection will be made by January 2015 and students will have a final decision by 2/28/14.

  6. What are the requirements to submit your interest to ACORE’s Fellowship Program?
    1. Full time undergraduate student pursuing a degree in Science, Technology, Engineering, Math, or related fields
    2. Overall grade point average of 3.0 or higher
    3. Resume
    4. 500 word essay
    5. $75 submission fee

  7. What are the benefits of this program?
    1. Fellows will learn about Lockheed Martin’s exciting advanced energy programs.
    2. Fellows will work on a renewable energy/energy efficiency-related project.
    3. Fellows will have an opportunity to interface with some of the most senior energy executives in the Lockheed Martin Company through this program.
    4. Fellows will have an opportunity to support ACORE’s NASCAR Green Official Partnership Program.

  8. What is the submission process?
    1. Students meeting the requirements of the Fellowship program will submit their contact information, enter their ACORE submission fee and will then be directed to Lockheed Martin’s portal to complete the submission process.  Through this link you will be able to provide your resume and a 500-word essay describing why you should be selected for ACORE’s Fellowship Program.
  • If you are down selected, a Lockheed Martin representative will reach out to you regarding next steps.  If you are offered a fellowship position, your offer will be contingent upon your satisfactory completion of a pre-employment screening process. This process includes, but is not limited to, drug testing and verification of the information you provided in your employment application (background investigation).  Background checks for verification will occur once a candidate has accepted an offer.

  • Image and publicity release: as a condition of your fellowship submission, you agree that you will sign a photo and video release form if selected to ACORE’s fellowship program to be highlighted as a Leader in Energy in media releases including, but not limited to, NASCAR Green, ACORE, and Lockheed Martin.
Wednesday, 28 May 2014 16:02

Mubeen Ali

First Solar – Manager Manufacturing Integration Engineer

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From the beginning, Mubeen Ali loved math; the sheer pleasure of doing differential equations and calculus by hand. She was inspired by her mathematics professors and by her mother who was an environmental scientist. “Teachers inspire and influence you, they play a big role in developing or deflecting your interest in a discipline,” said Ali. Her role models pushed her at a young age to further her interests in advanced mathematics and science. Today, Ali works at First Solar, while also pursuing a Masters degree at the University of Toledo.

Thursday, 24 April 2014 21:34

Robert Cleaves

Wesleyan University & Boston College – CEO Biomass Power Association

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You know the advice is sincere when someone says they would tell their own children to do the same. Bob Cleaves encouraged kids to “Find something that they are passionate about and study it in school.” Cleaves believes establishing a skill set that best matches your personality and attributes will lead to the most rewarding career. “Whether this skill set is composed of science, advocacy, finance, or external affairs, now that is up to you – you have a wide range of renewable energy technologies to choose from,” he said. Cleaves decided to master biomass and is extremely happy with his decision.

Wednesday, 09 April 2014 13:56

Stephen Shea

Swarthmore College, University of Delaware – Suniva, Chief Engineering Officer

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Stephen Shea went to Swarthmore College with the goal of becoming an English professor; however, during his freshman year he realized that his true calling was engineering. “I took an engineering course really just so I could have something to talk about with my grandfather; he was a WWI and WWII veteran, and the Chief Engineer for Burlington Industries,” said Shea. “That one course opened my eyes to the world of engineering and renewable energy.” Shea was first intrigued by the photovoltaics industry 40 years ago, and is still working in the industry today.

Wednesday, 09 April 2014 13:31

Phil Ovitt

Indiana University – NRG Energy, Manager Business Development & Policy

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Phil Ovitt’s interest in the broader energy and environment fields originated from an enjoyment and love for the outdoors. He grew up in the Midwest-very different from the rugged, mountainous areas he had always admired. However, college gave Ovitt the opportunity to go to a school focused on the environment. At Indiana University, Ovitt studied resource conservation and the intersection between society and environmental protection.

Friday, 04 April 2014 20:04

Pascal Storck

Cornell University, University of Illinois & University of Washington – former COO of 3TIER, now a Global Director at Vaisala

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Dr. Pascal Storck was a teenager when computers were first entering the global marketplace, and he was captivated by the new technology and its innovative programming capabilities. When recalling his first commodore 64 Storck said, “I was absolutely fascinated by the video game coding – I could spend hours and hours on that thing.” Dr. Storck loved the formative aspect of new technology; specifically, the limitless amount of things you could do with it. However, he was also extremely intrigued by mathematics and the solutions hidden within formulas and equations for real world problems.

Wednesday, 02 April 2014 21:30

Matthew Fedors

University of Pennsylvania, Cambridge University, and the University of Virginia – Leaf Clean Energy Fund, Principal

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Matthew Fedors has a diverse background oriented towards addressing the triple bottom line of energy: people, profit, and the planet. Today, he incorporates that knowledge in the design of strategies oriented towards helping companies grow and expand. Mr. Fedors bridges the gap among engineering, finance, and sustainability, as well as showcases the potential of renewable energy investments. His interests in mathematics and chemistry were sparked at a young age, yet fully formed after his college engineering and business studies. Today he is a Principal at Leaf Clean Energy, an energy & resource investment fund.

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