Finance | Page 18

How do you quantify the value of a microgrid, which is essentially an insurance policy? You're ensuring that your facility doesn't go down or have an outage. How much is an outage really worth and how do you value that? In this age of Covid-19, the pressure to fulfill commitments still remains high. Investor pressure remains high. Project goals remain in place. But the financing is no longer available. What should customers be looking at and exploring in the interest of managing this dilemma? Listen to this episode of Smart Energy Voices to hear how Matthew Walters, Head of Distributed Energy Systems, Americas at SIEMENS tackles it from a holistic approach.

Richland County School District in South Carolina announced Oct. 30 that it will be using an energy savings performance contract (ESPC) for efficiency upgrades that will save the district more than $28 million in energy costs over 20 years.

Small- and medium-sized commercial and industrial facilities in Alberta, Canada, will soon have the opportunity to take advantage of a $55 million fund from the government for energy efficiency upgrades.

The University of British Columbia received additional funding from the Canadian government for the progression of an energy efficiency initiative that is expected to reduce CO2 emissions by 14,600 tons.

Colorado State University (CSU) announced Oct. 28 up to 10 MW of new solar installations that could more than double the campus' already installed 6.8 MW of onsite solar.

The State of California will be receiving $65 million in contributions for the expansion of its electric vehicle infrastructure in the state.

Starwood Property Trust announced Oct. 19 the release of its first sustainability bond to the sum of $300 million.

U.S. corporations will be responsible for nearly 20% of all utility-scale renewable power capacity additions over the next decade, a new study found.

BMO Financial Group announced Oct. 15 that it achieved its goal to match 100% of its electricity use with renewable energy.