New Project Media (NPM) Interconnections

NPM's Andrew Burnes is joined this week by energy social scientist Robi Nilson of Berkeley Labs who recently led a study researching utility-scale renewable project delays and cancellations. Nilson does a deep dive into the results of that study with a particular focus on local opposition, the impacts it has on solar vs. wind projects, and the steps developers can take to avoid and mitigate opposition obstacles. Finally, Nilson provides her take on the growing number of states shifting renewable energy project siting oversight away from the local level and its possible ramifications going forward. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the US and European renewable energy markets for the development, finance, M&A, and corporate community.

Kevin Smith, the CEO of Arevon Energy, joins the podcast this week to discuss its solar and storage activities in CAISO and MISO, some background behind recent financing packages for four of its projects and new geographic markets it is exploring. Arevon is backed by an investor group including CalSTRS, APG and ADIA following an August 2021 transaction which saw Capital Dynamics and Arevon Asset Management launch the platform. At present the company has 3.5 GW of projects in operation, 1.5 GW under construction and an additional 5 GW of solar and storage projects under development across the US. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the US and European renewable energy markets for the development, finance, M&A, and corporate community.

Scott Jacobs, CEO and co-founder of sustainable infrastructure platform Generate Capital, joins the podcast today to discuss a variety of topics, including his views on the obstacles that the US faces to reach infrastructure transition goals, the impacts of inflation on the process and how the Inflation Reduction Act has impacted Generate’s clean energy investments. As reported, Generate Capital was part of the latest fundraise by Pine Gate Renewables, and over the years has invested in community solar developers Nexamp and Cultivate Power, front-of-the-meter battery storage developer esVolta and RNG developer Amp Americas. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the US and European renewable energy markets for the development, finance, M&A, and corporate community.

This week, host Andrew Burnes is joined by OPAL Fuels Co-CEO Adam Comora who discusses the advent of RNG in both the transportation and electricity sector, and OPAL Fuels' vertically integrated approach to managing its pipeline between both subsets of offtakers. Comora also discusses the USD 500m credit facility the firm closed in September of last year and how it will fit into the company's pipeline, as well as some of the tax benefits unlocked through the IRA that the company plans to utilize. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the US and European renewable energy markets for the development, finance, M&A, and corporate community.

Hans Royal, Senior Director of Renewable Energy and Carbon Advisory for Schneider Electric joins the NPM podcast to discuss the different ways data centers are procuring clean energy today. Royal also provides a follow-up on Schneider Electric’s recent tax credit transferability agreement with Engie and the emerging dynamics he sees impacting future transferability transactions. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the US and European renewable energy markets for the development, finance, M&A, and corporate community.

Aaron Halimi, founder and President of Renewable Properties, a community solar developer, owner and operator based in San Francisco, joins NPM Reporter Michelle France, to discuss the status of a community solar program in California and why he and dozens of other developers are urging Governor Gavin Newsom to get involved following the most recent proposed decision by the California Public Utility's Commission. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the US and European renewable energy markets for the development, finance, M&A, and corporate community.

On NPM’s 100th podcast episode, host Jillian Ward is joined by Scout Clean Energy’s founder and CEO Michael Rucker to discuss the ISO migration in the West and what it could mean for developers. Scout is a renewable energy owner-operator with projects in 26 U.S. states. Scout was also acquired by the Brookfield Global Transition Fund in 2022, and the company continues to expand its operations throughout the U.S. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the US and European renewable energy markets for the development, finance, M&A, and corporate community.

Allan Marks, a member of Milbank’s Global Project Energy and Infrastructure Finance Group, joins NPM Managing Editor Jon Berke on the podcast this week to discuss capital market conditions for clean energy projects. The two review the current impacts of inflation, recent platform M&A deal trends, and the increased number of utilities looking at large-scale procurement of renewables. Separately, Marks is also moderating a panel on April 9th at NPM’s US Development and Financing Forum at the Four Seasons Hotel in Houston, alongside executives at Linea Energy, REV Renewables, Ares Management, and CIBC. CLICK HERE to register for the conference. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community. NPM recently announced a European expansion via its strategic acquisition of Energy Rev, a leading London-based proprietary news service focused on Europe’s renewable energy and energy transition financing and M&A market.

On this week's episode of the NPM podcast, host Andrew Burnes is joined by Stem's VP of Front-of-the-Meter Solutions Jake Berlin. The two have an in-depth discussion of the ERCOT storage market, the trend toward larger vs. smaller projects, storage activity in Texas' ancillary services, and the introduction of alternative revenue streams like tolling agreements. Jake also discusses the impact of the IRA on nascent storage markets and the work he and his team are doing to expand beyond the storage hotspots of Texas and California. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community. NPM recently announced a European expansion via its strategic acquisition of Energy Rev, a leading London-based proprietary news service focused on Europe’s renewable energy and energy transition financing and M&A market.

Steve Lieberman, Vice President of Transmission and Regulatory Affairs at American Municipal Power (or AMP), joins Colt Shaw on the NPM Podcast this week to discuss PJM’s ongoing efforts to reform its forward-looking capacity market in the face of looming reliability concerns. Lieberman discusses the good and the bad of recent FERC-approved reforms, including stop-loss measures for non-performance charges, the unpredictability of tech-specific class ratings and how they impact Effective Load Carrying Capacity, developer concern over a lack of transparency in the process, the potential for future changes to the Market Seller Offer Cap, and more. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community. NPM recently announced a European expansion via its strategic acquisition of Energy Rev, a leading London-based proprietary news service focused on Europe’s renewable energy and energy transition financing and M&A market.

Keith Derman, Partner and Co-Head of Ares Infrastructure Opportunities, joins the podcast this week to discuss investing opportunities in renewable energy today, what emerging clean energy areas are attractive and some thoughts around corporate offtake. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community. NPM recently announced a European expansion via its strategic acquisition of Energy Rev, a leading London-based proprietary news service focused on Europe’s renewable energy and energy transition financing and M&A market.

Tony Dutzik, Associate Director and Senior Policy Analyst at Frontier Group joins NPM Reporter Reagin von Lehe on the podcast to discuss the future of the small-scale rooftop solar market, especially in states with new net metering legislation such as California, Massachusetts and South Carolina. Frontier Group said in its most recent report that small-scale rooftop solar projects are delivering 10x more power than a decade ago. California was the leader in this market, but changes to the state’s net metering policy, which cut the value of solar energy credits by about 75 percent, has left rooftop solar with an uncertain future in the state. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community. NPM recently announced a European expansion via its strategic acquisition of Energy Rev, a leading London-based proprietary news service focused on Europe’s renewable energy and energy transition financing and M&A market.

Elias Hinckley, a partner at Baker Botts joins Jon Berke on the NPM podcast to discuss the latest developments in clean hydrogen, including guidance released before the holidays by the IRS on the section 45V tax credit which called for hourly matching. The two then discuss other major pillars of the IRS guidance including regionality and additionality. Hinckley also provides insights on how this might help participants in the forthcoming hydrogen hub funding program. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community. NPM recently announced a European expansion via its strategic acquisition of Energy Rev, a leading London-based proprietary news service focused on Europe’s renewable energy and energy transition financing and M&A market.

Garrett Peterson, co-founder of start-up developer Sigma Renewables, joins the podcast to talk about permitting at the local and state levels, particularly as it pertains to distributed generation. Later, Peterson discusses how smaller developers are getting impacted by queue backlog and interconnection reform. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community. NPM recently announced a European expansion via its strategic acquisition of Energy Rev, a leading London-based proprietary news service focused on Europe’s renewable energy and energy transition financing and M&A market.

Manny Citron, Chief of Staff for Philadelphia’s Department of Labor, joins NPM’s Colt Shaw this week to discuss the forthcoming Mid-Atlantic Clean Hydrogen Hub, dubbed MACH2. The city’s point man for the project, Citron discusses next steps for the ambitious hub and the early partners already lining up to participate, as well as the hope that hydrogen could one day power hard-to-electrify sectors like heavy industry and trucking across the Mid-Atlantic. NPM recently announced a European expansion via its strategic acquisition of Energy Rev, a leading London-based proprietary news service focused on Europe’s renewable energy and energy transition financing and M&A market.

Jason Segal and Patrick Norton, managing directors of specialist merchant banking firm Javelin Capital join the NPM podcast this week to discuss M&A trends in 2024, including addressing the growing role of structured equity transactions, platform valuations and how storage might factor into these trends. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community. NPM recently announced a European expansion via its strategic acquisition of Energy Rev, a leading London-based proprietary news service focused on Europe’s renewable energy and energy transition financing and M&A market.

In the first NPM podcast of 2024, William Demas, Head of Americas at the Green Investment Group of Macquarie Asset Management discusses renewable energy and energy transition investment trends with NPM Managing Editor Jon Berke. Demas forecasts consolidation coming amongst solar developers as the industry continues to scale. Later in the program, Demas discusses MAM’s approach to green hydrogen including its recent investment in GH2 derivative Atlas Agro. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community. NPM recently announced a European expansion via its strategic acquisition of Energy Rev, a leading London-based proprietary news service focused on Europe’s renewable energy and energy transition financing and M&A market.

On this week's episode, NPM's Andrew Burnes is joined by Louisiana PSC commissioner Davante Lewis who is wrapping up his first year in office and is grappling with major policy discussions in the state regarding whether renewable project development should be allowed outside the purview of the vertically integrated utilities. Mr. Lewis walks us through that debate and the interest level on the ground for opening up renewable project development. He also shares his concerns about specific technologies earmarked for development in Louisiana including offshore wind and carbon capture and storage. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community.

On this week's podcast, Juan Macias, CEO of AlphaStruxure joins NPM’s Jon Berke and Reagin von Lehe to discuss his company’s business model as a developer and owner of tailored energy infrastructure solutions, including microgrids. Over the course of the interview, Macias discusses microgrid projects at the under-construction JFK Terminal One and at bus depots in Montgomery County, Maryland as well as the growth prospects for AlphaStruxure, a joint venture between The Carlyle Group and Schneider Electric, over the coming years. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community.

Gabe Murtaugh, Director of Markets and Technology for the Long Duration Energy Storage Council, joins the NPM Interconnections Podcast this week to discuss the current state of play for long duration storage in the US. A former storage sector manager for CAISO, Murtaugh discusses the impact of recent policy drivers at the federal level, including the Bipartisan Infrastructure Bill and the Inflation Reduction Act, differing RTO and ISO approaches to energy storage, domestic manufacturing and how storage functioning as a transmission asset could ease transmission congestion and help grid operators avoid costlier grid upgrades. New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community.