Coast Energy’s Post

🌞 Primergy's Ash Creek Solar project in Texas is making waves in the renewable energy sector with the recent announcement of securing a staggering $588 million in financing. This substantial investment underscores the growing confidence in solar energy as a viable and sustainable solution to our energy needs. With this financial backing, Primergy is poised to propel the Ash Creek Solar project forward, further solidifying its position as a leader in utility-scale solar and storage projects. 🏡 Additionally, Primergy has inked a long-term power purchase agreement with tech giant Microsoft for the full capacity of the Ash Creek Solar plant. This strategic partnership not only ensures a stable revenue stream for the project but also highlights the collaborative efforts between corporations and renewable energy developers to accelerate the transition towards clean energy. Together, Primergy and Microsoft are paving the way for a greener future while meeting the energy demands of today. 💡 Once operational, the Ash Creek Solar project is expected to generate enough carbon-free energy to power approximately 90,000 homes annually. This significant contribution to clean energy production marks a substantial step forward in reducing carbon emissions and mitigating the impacts of climate change. As construction progresses and the project comes to fruition, it will not only provide sustainable energy solutions but also create job opportunities and foster economic growth in the region, reaffirming the positive impact of renewable energy initiatives on both the environment and local communities. Source: https://lnkd.in/et3T9x8H #RenewableEnergy #SolarPower #CleanEnergy #Sustainability #TexasSolar #Microsoft #Primergy #EnergyTransition #CommunityImpact

BREAKING NEWS: We've unveiled the first look at our future Stanwell Clean Energy Hub! The size of a shopping centre, the hub will provide the sandbox to test out innovative new energy technology including wind, solar, hydrogen and battery storage. It will also provide a real-life, hands-on training environment for Queensland energy employees to develop the skills needed to work on renewable energy technologies. We're starting work in late 2023 with a plan to build to completion in five years. Queensland’s publicly owned power stations, like Stanwell, will be revitalised to play an important role in our future energy system as clean energy hubs. The Stanwell Power Station is located between the potential future Capricorn and Calliope Renewable Energy Zones (REZ) as outlined in Queensland’s Draft REZ Roadmap. Those two zones alone are expected to connect between 1,900 and 3,800MW of installed generation, creating up to 650 construction jobs, supported by the Jobs Security Guarantee for the existing workforce. Read more: https://lnkd.in/g-xbuwDU Brittany Lauga MP Michael O'Rourke Stanwell Corporation Limited #cleanenergy #renewableenergy #queensland #solarpower

Hear Declan Flanagan share how Nova has been able to build out a 5GW pipeline over the past two years plan to address an important need in the energy transition by creating a sustainable model to take a handful of quality projects to NTP each year in the US market. #energytransition #wind #energystorage #solar

Queensland is the only state with an energy plan that works for everyone: Coal fired power stations become clean energy hubs. Workers keep their jobs (and we add new ones, too). Our grid becomes clean, cheap and renewable. It’s a win win win. #renewableenergy #queensland #solarpower #jobs

Declan Flanagan was featured on this week's episode of #EnergyUnplugged discussing the value of middle-market developers in the energy transition, and our regional development approach in the US, Australia, and Europe. Listen Here: https://lnkd.in/diQq5kZ #EnergyTransition #RenewableEnergy

🌞 Three Solar Facilities, One Bright Future! 🌿 Talquin Electric Cooperative in Florida now powers 1,400 homes with 7 MWAC of clean, affordable solar energy 🌍 Solar Projects: Hinson Solar (4 MWAC), Hilliardville Solar (2 MWAC), and Bristol Solar (630 kWAC) make the difference Origis Energy: The developer, constructor, and owner of these projects are bringing clean energy and economic benefits to the community 💡 Stable Rates: Talquin's Tracy Bensley emphasizes that these projects mean stable rates for Members, shielding them from traditional fuel cost fluctuations Economic Impact: During construction, 30 workers per plant generated $1.6 million in direct local economic benefits. Over their lifetime, expect an additional $2.2 million! 🌿 Eco-Friendly: Native grasses and berry-bearing plants in vegetative buffers support local wildlife Cheers to a sustainable future! 🌞💚 #SolarPower #CleanEnergy #CommunityImpact https://lnkd.in/eE6WsUD8

Clearway Energy Group has completed its monumental Texas Solar Nova complex, featuring a whopping 1.1 million solar panels in Kent County, Texas. This 452-MW project, built in two phases, will power over 190,000 homes annually and contribute approximately $5.4 million in property taxes and wages in its first year. Valerie Wooley, SVP of Origination at Clearway, expressed gratitude to their partners and stakeholders, highlighting the project's significance in delivering new renewable power to the ERCOT grid. The Texas Solar Nova project is not just about clean energy; it's about partnerships and commitments to decarbonization goals. Verizon, SKF Group, and Toyota Boshoku America are among the companies benefiting from the project's renewable energy through offtake agreements and REC purchases. With over 400 craftworkers and 500,000 injury-free labor hours, this project showcases Clearway's commitment to safety and community support. #renewableenergy #solarpower #Texas #solar #sustainability #cleanenergy #solarprojects #solarpowerplant #solarpowered #solarinstallation #solarenergy

Pragmatic Power: The Rise of Renewables and the Challenges of Infrastructure (for Business Leaders) Michael Polsky, a Ukrainian immigrant turned renewable energy billionaire, offers valuable insights for business leaders in the clean energy sector. Here are some key takeaways and discussion points: The Marriage of Renewables and Natural Gas: A Pragmatic Approach Polsky's focus on both renewables and natural gas highlights a growing trend: pragmatism over ideology. While some advocate solely for renewables, the reality is that natural gas offers crucial grid reliability and can bridge the gap to a fully renewable future. This "all of the above" approach can be a winning strategy for companies seeking to navigate the complex energy landscape. The Challenge: Permitting Bottlenecks The article underscores the permitting challenges faced by large-scale clean energy projects. Community opposition, lengthy approval processes, and concerns about land use are significant hurdles. Businesses need to develop strong community engagement strategies and explore innovative solutions like underground transmission lines to address these concerns. The Untapped Potential of Infrastructure Investment Polsky's Grain Belt Express project exemplifies the need for robust energy infrastructure. Upgrading transmission grids is crucial to integrating more renewables into the system. This presents a massive investment opportunity for infrastructure companies and private equity firms. Navigating the Political Landscape The article highlights the potential impact of political shifts on clean energy policies. Businesses need to be adaptable and build strong relationships with both sides of the aisle to ensure project continuity. Do you think the rise of pragmatic, "all of the above" clean energy approaches is a positive development? #cleanenergy #Infrastructure #RenewableEnergy #BusinessDevelopment https://lnkd.in/g-iNqAUc