ACORE Launches Finish First Fellowship & Renewable Energy Pavilion at NASCAR’s Daytona Race.
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July 7, 2014
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ACORE Launches Finish First Fellowship & Renewable Energy Pavilion at NASCAR’s Daytona Race

ACORE hosted a Renewable Energy Pavilion at NASCAR’s Daytona Race Midway this weekend to promote renewable energy in the Southeast. Through the NASCAR Green Partnership, as well as the public launch of ACORE’s STEM efforts and the Finish First Fellowship sponsored by Lockheed Martin, ACORE is bringing the benefits of renewable energy to a tremendously exciting audience. Over 6,000 fans stopped by the Pavilion to play renewable energy jeopardy, as well as learn more about wind power courtesy of Acciona, and energy project development courtesy of RES Americas. ACORE will be hosting another pavilion at the September 14th race in Joliet, IL. For more information on the ACORE-NASCAR Green Partnership, please go to:


ABA/ACORE/BNEF Webinar: One Step Forward, Two Steps Backwards: USEPA’s Carbon Reduction Strategy for Power Plants and Transportation Fuels
Wednesday, July 16, 2014 | 12:00-1:30 pm EDT
Please join us for a webinar featuring Ernie Shea, Project Coordinator, 25x’25, and Douglas W. Smith, Partner, Van Ness Feldman LLP, and Salim Morsy, Advanced Transport Analyst, Bloomberg New Energy Finance, as they discuss the USEPA’s recently announced Clean Power Plan, the proposed 2014 renewable volume obligations (RVOs) and the impact these decisions will have on the renewable energy industry. Register today.


September 16 & 17:
7th Annual Renewable Energy Finance Forum-West
Covering a range of renewable and clean energy technologies, with a particular focus on developments in the Western U.S., topics covered at REFF-West include project financing, venture capital, renewable power generation, emerging commercial technologies, financing smaller projects, equity financing and established technologies
Register today:

November 20 & 21:
Renewable Energy Latin America & Caribbean Conference & Exhibition
Renewable Energy Latin America & Caribbean Conference & Exhibition (RELACCx), is the premier renewable energy finance and development event for Latin America and the Caribbean. This two-day conference will take an in-depth look at political and financial landscapes, prominent and emerging markets, and existing energy infrastructure to provide the audience with the tools needed to accelerate renewable energy development in these regions. Registration now open

ACORE in the News

ACORE President Michael Brower, breaks down ACORE’s new business polling, showing a vast majority of business leaders favoring renewable energy for both their own companies and for the nation.

Former ACORE President and current managing director at Citigroup, Michael Eckhart, discusses the path to a $1 trillion market for green bonds at REFF-Wall Street 2014.

YieldCos Could Cut Renewables Costs by 20%, Study Finds

Business Leaders Talk Climate Change, Clean Energy in NYC

National Groups Join Call for Public Service Commission to Remove Solar Consultant with Oil, Gas Ties

ACORE Member News

City of Palo Alto Releases RFP for Community Solar Program - Target Capacity of 1-3 MW CEC-AC
Pre-proposal webinar: Wednesday, July 9, 2014 at 2:00 p.m. PST
The City of Palo Alto Utilities (CPAU) is issuing this Request for Proposals (RFP) to create a CPAU-branded Community Solar Program. The primary objectives for the program are 1) to help facilitate reaching the City’s target of meeting 4% of our energy needs from local solar energy by 2023 (from 0.7% in 2013), and 2) to give all of its customers – including those who rent and those without sufficient solar access – the opportunity to experience and derive benefit from cost-effective local solar development. Contact Carolynn Bissett, the Contract Administrator for the RFP with questions:

On the ACORE Blog

From Trash to Treasure, by Kyle McGuiness
“Waste-to-energy is an advanced clean energy industry that creates jobs, protects the environment, and isn’t susceptible to wild price swings driven by foreign affairs. It’s time we take notice.”

New Resources

Renewable Energy in the 50 States: Northeast Region Report, June 2014

Evolving Business Models for Renewable Energy, authored by ACORE's Power Generation Initiative members

ACORE Poll Shows Midwest & Southwest American Business Leaders Favor Renewable Energy

CLAIM: Businesses know renewable energy is a bad investment.

FACT: More companies and investors are investing in clean energy than ever before, and significant cost reductions have ensured they’re getting more “bang for their buck.”

logo twitter Click here to get the facts about renewable energy investment at

Policy Overview

This past week, the U.S. Environmental Protection Agency (EPA) expanded the types of fuel that can be used to satisfy the Renewable Fuel Standard (RFS)’s annual Renewable Volume Obligations (RVO), which could impact the agency's delayed targets for 2014 renewable fuel use. The EPA finalized a plan allowing compressed natural gas and liquefied natural gas produced using biogas from landfills, manure digesters and sewage treatment plants to qualify as cellulosic biofuel. Electricity generated from biogas and used to power electric vehicles would also qualify to meet the cellulosic portion of the federal biofuel mandate. This new fuel definition comes in conjunction with rollout of the nation’s first commercial-scale gallon of cellulosic ethanol from crop residues, in addition to EPA’s updated RFS Renewable Identification Number (RIN) Quality Assurance Program to prevent fraud and expand biofuels definitions.

The U.S. offshore wind industry took several steps forward last week with the Cape Wind Project receiving a $150m Department of Energy (DOE) Loan Guarantee and the Department of Interior’s announcement that nearly 80,000 acres of offshore Maryland will be offered for commercial wind energy development in an August 19, 2014 competitive lease sale. Cape Wind Associates, LLC received a conditional $150m loan guarantee from DOE to build what may be the nation’s first offshore wind farm, off the Massachusetts coast. “Cape Wind has received commitments for about half of the estimated $2.6bn it needs, and will qualify for the Energy Department guarantee when it arranges for the balance,” said Peter Davidson, director of the department’s loans program.

In Maryland, Secretary of the Interior Sally Jewell, Maryland Governor Martin O’Malley and Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank announced the 80,000 acre offshore Maryland lease sale. This lease sale is part of DOI’s sustainable Atlantic Coast offshore wind program - ‘Smart from the Start.’ Sixteen companies have qualified to participate in the auction for the Maryland Wind Energy Area. According to analysis prepared by DOE’s National Renewable Energy Laboratory (NREL), if fully developed, the Maryland Wind Energy Area could support between 850 and 1,450 MW of commercial wind generation, enough electricity to power 300,000 homes.

Executive Branch

July 2: Interior to Auction Nearly 80,000 Acres Offshore Maryland for Wind Energy Development

July 2: Congress Must Protect Military Energy Security

July 1: DOE Backs Up Cape Wind with $150m Loan Guarantee

July 1: US Navy Sustainability is Sound Policy

June 30: Obama's Climate Policy Could Add $1.3t to GDP

June 30: BOEM to Commence Study on Offshore Wind Tourism Impacts

June 30: BLM Has First Successful Solar Auction Since Setup of Southwest Sites

Rules and Regulations

July 3: U.S. EPA Approves New Fuels for Federal Biofuel Mandate

Funding Opportunity

July 3: Energy Department Makes Additional $4bn in Loan Guarantees Available for Innovative Renewable Energy and Efficient Energy Projects

Legislative Branch
Upcoming Hearings

July 8: Senate Foreign Relations Committee Hearing on European Energy Security

July 9: House Appropriations Committee Mark-up of FY'15 Interior Appropriations Bill

July 11: House Energy Committee Hearing on States vs. Federal Environmental Policy Implementation

State Policy

July 3: FitzGerald Reveals Plan to Push Ohio Green Energy

July 3: NY Putting Clean Energy Industry to Work

July 3: N.J. Bill Would Benefit Landfill Gas-to-Energy Projects

July 1: Minnesota Requirement of 10% Biofuel Blend Minimum at Pump Begins

June 30: Illinois Gov. Unlocks $30m for Solar, Half of Funds for <25kW, Boost to Rooftop Industry

June 30: NY Supreme Court Upholds Towns’ Rights to Ban Fracking

June 30: Supreme Court Declines to Hear Interstate Dispute Over California Biofuel Standard


Tracking Renewable Energy for the U.S. EPA's Clean Power Plan. Center for Resource Solutions, June 2014.

Green=ACORE Member


According to BNEF, renewable energy may reap as much as two-thirds of the $7.7T in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels.

Southern California Edison has launched a 290 MW round of solicitations for small-scale renewable source projects, including solar, wind, geothermal and biomass facilities between 3 MW and 20 MW.

GridPoint Inc., a closely held provider of energy-management technology, added $6m to a funding round it announced in May.


Vestas Wind Systems A/S won orders totaling 450 MW from Electricite de France SA’s renewable unit to supply two U.S. wind farms.

OPIC will provide $230m to help finance a 141 MW solar plant in Chile to be built by First Solar.

SunEdison closed its purchase of AES Corp.’s stake in the Silver Ridge Power LLC venture for $178.6m in cash.

Public Service Enterprise Group’s solar unit agreed to buy a 13 MW project from Juwi Solar Inc. for $22m.


Pattern Development’s YieldCo has closed on its 172 MW acquisition of Panhandle 1 in Texas.

EDF Renewable Energy has agreed to sell electricity from a 150 MW wind farm in Kansas to Great Plains Energy Inc.


Quad County Processors produced Iowa’s first batch of cellulosic ethanol, which was distilled from corn fiber.

Sunlight Photonics Inc is focused on development of SUNLINK™ solar UAVs and SUNFLEET™ wireless communications network systems and services. The company was formed in 2007 by a team of former Bell Labs and NASA scientists and engineers to address needs for a new generation of advanced PV and hybrid power systems and solar UAVs capable of high endurance and high performance that can be manufactured at competitive cost. Sunlight is addressing emerging applications, in which the advantages of its unique UAV designs, multi-mode power systems and communications technologies are effectively utilized. Solar UAVs represent a large growing market of global significance and the company’s unique capabilities can address many of the outstanding challenges for successful implementation.

Renewable Energy Finance Forum - West
September 16-17, 2014
San Francisco, CA

Renewable Energy Latin American & Caribbean Conference & Expo - RELACCx
November 20-21, 2014
Fajardo, Puerto Rico

Biomass 2014
July 29-30, 2014
Washington, DC

The Cleantech Open Mid-Atlantic is seeking entrepeneurs. Learn more.

Renewable Energy in the 50 States - Northeast Region Report

Evolving Models
Evolving Business Models for Renewable Energy

LAC Briefing
Renewable Energy in Latin America and the Caribbean

The Outlook for Renewable Energy in America

Renewable Energy in the 50 States


ACORE members can view this documentary on the economics of renewable energy and EVs for FREE!

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