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TNS Tipoffs - Energy and Gov't Newsletter for Thursday January 25, 2024 ( 12 items )  

Democratizing the future of AI R&D: NSF to launch National AI Research Resource pilot
ALEXANDRIA, Virginia, Jan. 24 (TNSres) -- The National Science Foundation issued the following news release: Today, the U.S. National Science Foundation and collaborating agencies launched the National Artificial Intelligence Research Resource (NAIRR) pilot, a first step towards realizing the vision for a shared research infrastructure that will strengthen and democratize access to critical resources necessary to power responsible AI discovery and innovation. Partnering with 10 other federal   more

Entergy Louisiana Receives Approval for Additional Renewable Power Facilities
BATON ROUGE, Louisiana, Jan. 25 -- Entergy issued the following news release: To meet customers' needs for renewable energy, the Louisiana Public Service Commission approved the construction of facilities that would add approximately 225 megawatts of solar power to Entergy Louisiana's generation portfolio. In 2023, the company sought Commission approval of two projects to source more solar energy - one in Iberville Parish that would account for approximately 175 megawatts, the other in Ouachit  more

Green Energy Sources Will Meet World's Growing Electricity Demand for Next Three Years: IEA Report
CLEVELAND, Ohio, Jan. 25 (TNSres) -- EcoWatch posted the following news: By Cristen Hemingway Jaynes According to Electricity 2024, a new report from the International Energy Agency (IEA), electricity demand worldwide is expected to accelerate during the next three years, a press release from the IEA said. However, the additional demand is forecast to be covered by clean energy technologies. Nuclear power is on course to reach a record high in 2025 as renewables continue to expand quickly, en  more

Hickenlooper, Bennet Welcome Over $3 Million in Clean Energy Funding for Rural Communities Across Colorado
WASHINGTON, Jan. 23 -- Sen. John Hickenlooper, D-Colorado, issued the following news release: Investments Funded in Part by the Inflation Reduction Act WASHINGTON - Today, U.S. Senators John Hickenlooper and Michael Bennet welcomed $3.2 million from the U.S. Department of Agriculture (USDA)'s Rural Energy for America Program (REAP) for agriculture producers and rural small businesses across Colorado to lower energy costs, expand access to clean energy, and fight climate change. This was funded  more

Ky. PSC Issues Order Involving Song Sparrow Solar
FRANKFORT, Kentucky, Jan. 25 -- The Kentucky Public Service Commission issued the following order (Case No. 2023-00256) on Jan. 24, 2024: * * * In the Matter of: Electronic Application Of Song Sparrow Solar LLC For Certificate Of Construction For An Approximately 104 Megawatt Merchant Electric Solar Generating Facility In Ballard County, Kentucky Pursuant To KRS 278.700 And 807 KAR 5:110 ORDER On December 6, 2023, Song Sparrow Solar LLC (Song Sparrow Solar) filed a petition for confidential   more

Manchin Announces $129K to Increase Energy Efficiency, Reduce Energy Costs for West Virginians
WASHINGTON, Jan. 23 -- Sen. Joe Manchin, D-West Virginia, issued the following news release: Washington, DC - Today, Senator Joe Manchin (D-WV), Chairman of the U.S. Senate Energy and Natural Resources Committee, announced that Stovo Corp, located in Grant County, and Climate Control Storage Plus LLC, located in Marion County, were awarded a total of $129,070 through the U.S. Department of Agriculture (USDA) Rural Energy for America Program (REAP) and Renewable Energy and Energy Efficiency Loan  more

PFI Awards 2023 Honour Four Covington Deals Across the Middle East
LONDON, England, Jan. 25 -- Covington, a law firm, issued the following news release: Covington's Project Development and Finance practice has been recognized at the PFI Awards 2023 for the team's work on four groundbreaking transactions in the Middle East region. Al Shuaibah 1 and Al Shuaibah 2 solar PV projects in Jeddah, Saudi Arabia have been named Global Green Deal of the Year. Covington advised ACWA Power-led consortium in connection with development and financing of both projects at a t  more

Public Service Company of Oklahoma Seeks New Generation Resources
TULSA, Oklahoma, Jan. 25 -- Public Service Company of Oklahoma, a unit of American Electric Power, issued the following news release: Public Service Company of Oklahoma (PSO) has issued a Request for Proposals (RFP) seeking additional generation resources. The RFP seeks up to 1,500 megawatts of additional power generating capacity to be in service no later than December 15, 2028. The RFP includes all sources, such as natural gas, wind, solar and energy storage proposals. PSO is open to acquir  more

Resources for the Future: Renewables Can Build Revenue for Local Governments
WASHINGTON, Jan. 25 (TNSres) -- Resources for the Future issued the following news release: Fossil fuels create billions of dollars in revenue to fund public schools, infrastructure, and health care in communities across the country. But as the United States embarks on an energy transition, could renewable energy sources replace fossil fuels as a revenue source in the coming decades? A new analysis (https://www.rff.org/publications/working-papers/energy-transition-local-government-finance-renew  more

Senate EPW Committee Passes Senators Cramer and Coons' Bipartisan PROVE IT Act
WASHINGTON, Jan. 24 -- Sen. Kevin Cramer, R-North Dakota, issued the following news release: ***Click here to download video. Click here for audio.*** WASHINGTON - On Thursday, the Senate Environment and Public Works (EPW) Committee marked up several bills, including U.S. Senator Kevin Cramer's (R-ND) Providing Reliable, Objective, Verifiable Emissions Intensity and Transparency (PROVE IT) Act. The legislation passed the Senate EPW Committee by a vote of 14 to 5. The bipartisan PROVE IT Act,  more

Sens. Cramer, Coons Introduce Bill to Identify Emissions Intensity of Domestically Produced Goods
WASHINGTON, Jan. 24 -- Sen. Kevin Cramer, R-North Dakota, issued the following news release: WASHINGTON - U.S. Senators Kevin Cramer (R-ND) and Chris Coons (D-DE) introduced the Providing Reliable, Objective, Verifiable Emissions Intensity and Transparency (PROVE IT) Act. This bipartisan legislation would direct the Department of Energy (DOE) to conduct a comprehensive study comparing the emissions intensity of certain goods produced in the United States to the emissions of those same goods pro  more

Simpson Thacher & Bartlett: BlackRock's Global Renewable Power Fund to Acquire Shares in Recurrent Energy
WASHINGTON, Jan. 24 -- Simpson Thacher and Bartlett, a law firm, issued the following news: Simpson Thacher is representing affiliates of BlackRock's Global Renewable Power Fund IV ("GRP") in connection with a $500 million convertible preferred equity investment commitment to Recurrent Energy B.V. ("Recurrent Energy"), a subsidiary of Canadian Solar Inc. (NASDAQ: CSIQ). GRP's investment will represent up to 20% of the outstanding fully diluted shares of Recurrent Energy on an as-converted basis  more