T.J. Murphy’s Post

Consumer solar & storage will grow at higher curve before the decade ends.

Project Update! Nofar, through its subsidiary Atlantic Green, is thrilled to announce the #energizing of our 30MW \ 60 MWh Buxton Battery Energy Storage System (#BESS) in Stoke-on-Trent, UK! The Project achieved #energization on the 11th of April 2024 for the first part of the Project. The #BESS will have in total a 30MW connection and c. 60MWh capacity. Buxton #BESS is primed to sustain power output for up to two hours during peak energy demand periods, ensuring grid stability and energy security, and supporting the local and national ambitions to reduce climate change. Project financed by Goldman Sachs for £16.5 million, with Goldman Sachs awarded as the optimizer, our Buxton project proudly stands as one of Nofar's flagship #storage endeavors, both in the UK and globally. This #energization signifies just the start of a series of #BESS projects totaling over 1GWh currently in our development pipeline. Included in this lineup are the Cellarhead #BESS, boasting 624 MWh capacity, and Project T, with an approximate capacity of 270 MWh. Let's power towards a brighter, more #sustainable future together!

🌱 Innovation and Investment in Clean Energy: The Strategic Edge for Tomorrow's Leaders In the wake of Macquarie's strategic exploration to divest part of its stake in Cadent, a clear signal is sent to the business world: the transition to net-zero is not just an environmental imperative but a profound economic opportunity. The role of clean energy cannot be overstated. It represents a frontier for innovation, a catalyst for economic growth, and a cornerstone for building resilient businesses that can withstand the challenges of tomorrow. Why Clean Energy? A multi - faceted argument becomes clear: - Competitive Advantage: Businesses leading in clean energy adoption set themselves apart, showcasing commitment to sustainability and innovation. - Financial Performance: Investments in renewable energy and efficiency projects are proving to offer solid returns, reducing operational costs and enhancing profitability. - Regulatory Compliance: With global emissions targets tightening, investing in clean energy ensures compliance and positions businesses as leaders in sustainability. - Brand Reputation: Consumers and clients are increasingly favoring companies with strong environmental credentials, making clean energy investment a powerful tool for brand enhancement. Is this beginning of the the charge towards a sustainable, profitable future? #CleanEnergyInvestment #InnovationInSustainability #BusinessForClimateAction #BCSDA Read more: https://lnkd.in/gnjQBFGB Macquarie Group Peter Bakker Joe Phelan Murray Griffin

In response to Hart Energy’s Article, Investors: Energy Transition is on Policy-driven Life Support, Endeavor’s Senior Advisor, Glenn Legge, wrote the following response highlighting the financial and operational benefits of repurposing and utilizing existing infrastructure for clean energy. https://lnkd.in/gtqUujVr

Thanks for sharing Kourtney Nelson . Congratulations to Brookfield Asset Management  Brookfield Renewable and Microsoft on signing a global #renewableenergy framework agreement to contribute to Microsoft’s goal of having 100% of its electricity consumption, 100% of the time, matched by #zerocarbon energy purchases by 2030. The agreement provides a pathway for Brookfield to deliver over 10.5 #gigawatts of new renewable energy capacity between 2026 and 2030 in the U.S. and Europe. #decarbonize #reduce #carbonemissions.

Nice to see another Boston-based firm hitting the nail on the head! At BOND, we do a significant amount of work in the energy sector and have witnessed firsthand how project complexities in the Northeast have surged over the past decade. It’s not just what we’re building that has changed, but the regulatory environment, supply chain dynamics, and the entire permitting process. These transformations require both energy providers and their supply chains to adapt continuously. Aligning organizations throughout the supply chain to address these changes is critical not only for the industry’s future success but for all the different stakeholders who benefit from these opportunities. As we’ve continued to grow the BOND companies, we are fortunate to have the scale to support these larger energy projects while maintaining the local presence that allows us to intimately understand the different influences that will allow a project to succeed. https://lnkd.in/gFXKUdK4

Via Utility Dive: " BlackRock to buy Global Infrastructure Partners in $12.5B deal, cites clean energy trends: Through the deal, BlackRock will add GIP companies such as Competitive Power Ventures, Eolian and Terra-Gen Power to its portfolio. " #Energy #Utility #Utilities

The EU added a record amount of 17 GW of new wind power in 2023, according to WindEurope. While being an important milestone on the road towards net zero by 2050, the added capacity in 2023 is still well below the necessary annual capacity to reach EU’s targets for 2030 🎯 My team and I are proud of our investment in He Dreiht, a 960 MW offshore wind farm under construction in the German North Sea, which by completion will directly contribute to the achievement of the EU’s climate targets and global energy transition. 🌎 In addition to the above, positive development was made in the wind sector during last year, providing optimism on the back of a year with a challenging environment. Government policies as well as regulatory regimes have been adjusted to address some of the challenges caused by slow permitting processes, cost inflation and squeezed supply chains. The positive development gives us great motivation to continue investing in sustainable infrastructure for Storebrand Infrastructure Fund and our clients https://lnkd.in/gvtQUt2R

Paces (YC S22) has raised $11 million in Series A funding to accelerate clean energy development. Rebuilding energy infrastructure for an electrified economy will cost trillions and needs urgent action to meet climate goals. However, the current project development process is slow, manual, and costly, causing about 80% of renewable energy projects to stall or fail before construction starts. Developers need a faster, more transparent, and streamlined approach to overcome these inefficiencies and complexities. Founded by James McWalter and Charles Bai, Paces speeds up and simplifies clean energy site selection and project assessments, cutting the process from months to minutes. Its main tools, Project Search and Permitting Predictor, streamline the traditional manual work by combining and analyzing spatial, zoning, permitting, and environmental data. With Paces, developers can quickly find the best sites using their own criteria. Permitting Predictor uses local, state, and federal data to evaluate risks and provide clear summaries, helping developers make fast, informed decisions during due diligence. Congrats to the team on the Series A! https://lnkd.in/gMFjSr-m

As businesses look to grow and invest in infrastructure, reliability and the access to renewable energy are key factors in site selection. What else can your business community do to stand out? Find out more: https://bit.ly/43ZvhsI Columbus Partnership Columbus Region Green Fund