Americas

Americas

Ethanol Credits Decimated as Trump Is Said to Unveil Changes

June 6, 2018 Anand Gupta

Ethanol consumption credits traded at more than 90 cents apiece when President Donald Trump was elected in November 2016. On Monday, they touched 18 cents, a five-year low, as his administration was expected to unveil changes to U.S. biofuels policy. The credits, known in the biofuels industry as renewable identification numbers, or RINs, are purchased […]

Americas

RIÉBSL, RIÉGÎM and EDF Renewables Celebrates the Inauguration of the Nicolas-Riou Wind Project

June 6, 2018 Anand Gupta

SAINT-MATHIEU-DE-RIOUX, Quebec: Régie intermunicipale de l’énergie du Bas-Saint-Laurent (RIÉBSL), the Régie Intermunicipale de l’Energie Gaspésie-Îles-de-la-Madeleine (RIÉGÎM) and EDF Renewables, together with around 170 guests, celebrated the inauguration of the Nicolas-Riou Wind Project today. The Project, with a capacity of 224.25 megawatts (MW), illustrates the importance of collaboration and support of local communities in the development […]

Americas

Trump Support Wavering in Farm Country Over Ethanol, Trade Moves

June 5, 2018 Anand Gupta

Even as Donald Trump tweets his support for U.S. agriculture, farmer loyalty for the president looks like it’s starting to waver over moves that may undermine corn-based ethanol and escalate trade disputes with countries that import American crops. A long-anticipated White House announcement expected to lower costs for oil refiners at the expense of ethanol […]

Americas

JinkoSolar Signs 1.43 GW Supply Agreement with sPower in the U.S.

June 5, 2018 Anand Gupta

SHANGHAI: JinkoSolar Holding Co., Ltd. (NYSE: JKS) (“JinkoSolar” or the “Company”), a global leader in the solar industry, today announced that its wholly owned subsidiary, JinkoSolar (U.S.) Inc. has entered into a three-year agreement to supply 1.43GW of high efficiency modules to sPower, a leading renewable energy independent power producer. This major supply agreement continues […]

Americas

NJR Clean Energy Ventures Completes Sale of Two Dot Wind Farm

June 5, 2018 Anand Gupta

WALL, N.J.: NJR Clean Energy Ventures (CEV), the clean energy subsidiary of New Jersey Resources (NYSE: NJR), announced the completion of the sale of its 9.7 megawatt (MW) wind farm in Two Dot, Montana to NorthWestern Energy for $18.5 million. The transaction, previously announced in March 2018, was approved by the Federal Energy Regulatory Commission on […]

Americas

Iron Mountain Joins RE100 and Commits to Setting Science Based Targets for Carbon Reductions

June 5, 2018 Anand Gupta

BOSTON: Iron Mountain® Incorporated (NYSE: IRM), the global leader in storage and information management services, today announced two important environmental commitments that significantly advance the company’s efforts to reduce its carbon footprint and increase its usage of renewable energy around the world. Firstly, Iron Mountain is joining the RE100 initiative, a collaborative, global platform developed […]

Americas

Biofuel credits drop ahead of expected White House policy announcement

June 5, 2018 Anand Gupta

NEW YORK: Prices of U.S. biofuels blending credits hit fresh five-year lows on Monday as expectations mounted the administration of U.S. President Donald Trump would soon announce plans for an overhaul of the biofuels program, traders said. The announcement, which could come as early as Monday, will include plans to count ethanol exports toward federal […]

Americas

NJR Clean Energy Ventures Completes Sale of Two Dot Wind Farm

June 5, 2018 Anand Gupta

Americas

White House Is Said to Announce Compromise on Biofuel Changes

June 4, 2018 Anand Gupta

The Trump administration is slated to unveil biofuel policy changes, including efforts to tamp down costs for refiners while broadening the market for ethanol, according to people familiar with the action. The announcement planned for Monday follows weeks of negotiations by the Agriculture Department, Environmental Protection Agency and Energy Department to flesh out a tentative deal struck […]

Americas

UPDATE 3-Trump throws ailing U.S. coal, nuke plants a lifeline, triggers backlash

June 2, 2018 Anand Gupta

U.S. President Donald Trump has directed Energy Secretary Rick Perry to take emergency steps to keep coal and nuclear power plants running, the White House said Friday, in what would amount to an unprecedented intervention in U.S. power markets. The White House billed the effort as a way to shore up national energy security, but […]