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Landmark climate statement signed in Ontario
Ontario and 22 other states and regions have signed the first-ever Pan-American action statement on climate change. The Climate Action Statement highlights the urgency of combatting climate change, affirms that state, provincial and municipal governments are leaders in achieving impactful global climate action and acknowledges the need to work together to continue reducing greenhouse gas pollution.
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New Chair and Board Member at the Independent Electricity System Operator
The Board of Directors is pleased to announce that Tim O'Neill has been appointed the new Chair of the Independent Electricity System Operator (IESO). He replaces Jim Hinds, who has recently stepped down from his position on the IESO Board.
In addition, Carole Workman has been appointed as a new Board member for the IESO. Ms. Workman was previously a member of Board of Directors for Hydro One since April 2014, where she sat on the Audit, Finance and Pension Investment Committee and the Regulatory and Public Policy Committee.
PowerStream acquires 2.6 MW of solar generation projects
PowerStream, a municipally owned electricity distribution company in Ontario, has now added a portfolio of solar projects totaling 2.575 MW from Toronto-based JCM Capital, a private equity firm focused on developing clean power projects.
According to PowerStream, the portfolio includes 14 rooftop solar PV generation projects located atop StorageMart self-storage facilities throughout Ontario, specifically in Toronto, Markham, Barrie and London.
With nine decades of continuous service, Hatch's power unit has a reputation for excellence and innovation in hydro, wind, solar, thermal and nuclear power, and transmission and distribution. Also active in petrochemicals with major assignments in the oil sands of Alberta, Canada, we are now working towards integrating different technologies to supply renewable energy as part of existing thermal schemes.
Canadian Solar announces completion of construction and financing loan from Manulife
Canadian Solar announced that Manulife has agreed to provide approximately $52.8 million in construction and term financing to Canadian Solar for the Aria solar plant located in Springwater, Ontario, Canada.
The Aria project will be acquired by Concord Green Energy Inc. ("Concord") after commercial operation. BowMont Capital and Advisory acted as the Financial Advisor to Concord.
Researchers discover how to site wind farms more quickly, cheaply
Renewable Energy World
When a power company wants to build a new wind farm, it generally hires a consultant to make wind speed measurements at the proposed site for eight to 12 months. Those measurements are correlated with historical data and used to assess the site's power-generation capacity.
At the International Joint Conference on Artificial Intelligence later this month, MIT researchers will present a new statistical technique that yields better wind-speed predictions than existing techniques do — even when it uses only three months' worth of data.
Eversource Energy: A thumbs up for Northern Pass
Recently, the draft EIS from the US Department of Energy (DoE) recommended issuing a Presidential Permit for ES's proposed Northern Pass Transmission line (NPT). With the draft EIS in hand, the company is now able to proceed to the next phase, which includes negotiations with the NH Governor's office and localities over routing and benefits as well as a filing with the NH Siting Evaluation Committee in about two months (September).
Watch: Solar powered smart trash bins in NYC collect data, display alerts and provide free WiFi
This project began in downtown Manhattan, where more than 170 of Bigbelly's solar powered "smart" bins have already been installed. Each container is equipped with a chip that detects when the bin is full or too smelly, allowing trash collectors to make a pick-up where they're needed most.
But the city thought the already-high-tech bin could still use an upgrade.
U.S. DOC enforces new tariffs on Chinese solar manufacturers
Renewable Energy World
The U.S. Department of Commerce (DOC) has ruled it will impose new punitive tariffs against Chinese solar product manufacturers, with antidumping duties of up to 260 per cent and countervailing duties as high as 23 percent. The ruling represents the DOC's latest efforts to control the dumping of low-cost solar products into the U.S. market by Chinese manufacturers.
China ready to surpass South Korea and Russia in nuclear capacity, says EIA
China, which has 23 gigawatts of nuclear capacity under construction and "several facilities" in the planning stages, is expected to surpass South Korea and Russia in nuclear generating capacity by the end of 2015, placing it behind only the U.S., France and Japan, the US Energy Information Administration said. The EIA, an independent statistical organizaton, said nuclear power makes up slightly more than two per cent of China's total power generation.
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Upcoming Industry Events
14th Annual Outage Management for Power Plants
Grand Hyatt San Antonio - San Antonio, Texas
Dates: August 5-7, 2015
Contact: Nicolette Fiordirosa
APPrO 2015 CHANGE+OPPORTUNITY
27th Annual Canadian Power Conference & Networking Centre
Metro Toronto Convention Centre
Dates: November 17 & 18, 2015
Earlybird registration deadline is September 1
50 Minthorn Blvd., Suite 800, Thornhill, ON, L3T 7X8