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Triodos Bank Completes The Most Clean Technology Deals

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Oficina Las Palmas Triodos Bank by triodos bank espana via flickr

Triodos Bank, a leading European sustainable bank that completed the highest number of deals over 2015, stands at the top of Clean Energy Pipeline’s ‘Renewables Infrastructure Investment in Europe 2016’ report.

With 57 clean energy loans, the Dutch bank with branches in the UK, Belgium, Spain and Germany finished ahead of Banco Santander in second, and Natixis in third.

Total lending has reached $323 million across Europe, positioning Triodos Bank as the leading lender for small to medium sized renewable energy projects seeking financing greater than £2million.

Philip Bazin, Environment Team Leader at Triodos Bank UK said: “The Clean Energy Pipeline investment report reflects a significant year for Triodos Bank where we have expanded our breadth of the clean energy market, and we are looking to grow our portfolio of lending to medium sized organisations seeking finance and have expanded our team to meet the demands of a growing sector.”

Highlights for the expanding UK team included funding its largest ground mounted solar project to date for Danish investor Nordic Solar and financing its first ground source heat pump installations.

Triodos Bank UK also arranged lending facilities totalling more than £19 million to community renewable projects. This takes the bank’s lending commitments to the community renewables sector to 11 different projects, making it one of its largest lending areas in the UK in the past three years.

Philip added: “2016 was a fantastic year for community renewable lending. As the sector, funding and regulation has changed in the past year – we have adapted our service model to be more innovative in meeting the unique needs of our clients.”

Among these lending projects was the debt financing of the 4.2MWp community solar farm at Braydon Manor near Swindon. The project launched by Wiltshire Wildlife Community Energy, and initially developed by Public Power Solutions with the help of Mongoose Energy was the UK’s first split community-commercial solar farm.

Philip comments: “We funded this pioneering and award winning project where we financed a community interest company as well as a shared grid connection. We have been able to demonstrate our commitment to thinking through problems with our customers in ways which other funders are probably not prepared to do.”

It has been a growing partnership with community energy leader Mongoose Energy, and Triodos Bank has provided financing of seven different projects.

“Mongoose is a perfect partner for Triodos as they combine professionalism and expertise with a real passion for the social and ethical goals that drive Triodos’ business” Philip concluded.

Among the year’s highlight’s, Triodos Bank has successfully leant to a number of high-impact community projects including projects for Bristol Energy Cooperative, Galson Trust, Berwickshire Community Renewables LLP and with the help of Triodos Corporate Finance raised £2.75m of equity for Chelwood Energy Limited in Somerset.

Triodos Bank entered the renewables market in the mid-1980’s with a focus on wind energy and has since broadened its focus across the wider renewable and environmental sectors.

As their sector experience and commitment has expand, the bank has invested in growing the UK renewables sector team to meet the growing demand.

New to the team is Stirling Habbitts, who will lead the team’s project finance activity in the London market. Stirling is based out of Triodos Bank’s London office, located on 5 Old Bailey, EC4M 7BA, and joins the bank from Unicredit, where he specialised in Infrastructure and Power Project Finance. Stirling began working at Triodos Bank in August 2016.

Also joining the team is Chris Cullen as Assistant Relationship Manager, supporting the wider Environment Team. Chris joins the team from Eunomia Research Consulting.

Energy

7 New Technologies That Could Radically Change Our Energy Consumption

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Energy Consumption
Shutterstock Licensed Photo - By Syda Productions | https://www.shutterstock.com/g/dolgachov

Most of our focus on technological development to lessen our environmental impact has been focused on cleaner, more efficient methods of generating electricity. The cost of solar energy production, for example, is slated to fall more than 75 percent between 2010 and 2020.

This is a massive step forward, and it’s good that engineers and researchers are working for even more advancements in this area. But what about technologies that reduce the amount of energy we demand in the first place?

Though it doesn’t get as much attention in the press, we’re making tremendous progress in this area, too.

New Technologies to Watch

These are some of the top emerging technologies that have the power to reduce our energy demands:

  1. Self-driving cars. Self-driving cars are still in development, but they’re already being hailed as potential ways to eliminate a number of problems on the road, including the epidemic of distracted driving ironically driven by other new technologies. However, even autonomous vehicle proponents often miss the tremendous energy savings that self-driving cars could have on the world. With a fleet of autonomous vehicles at our beck and call, consumers will spend less time driving themselves and more time carpooling, dramatically reducing overall fuel consumption once it’s fully adopted.
  2. Magnetocaloric tech. The magnetocaloric effect isn’t exactly new—it was actually discovered in 1881—but it’s only recently being studied and applied to commercial appliances. Essentially, this technology relies on changing magnetic fields to produce a cooling effect, which could be used in refrigerators and air conditioners to significantly reduce the amount of electricity required.
  3. New types of insulation. Insulation is the best asset we have to keep our homes thermoregulated; they keep cold or warm air in (depending on the season) and keep warm or cold air out (again, depending on the season). New insulation technology has the power to improve this efficiency many times over, decreasing our need for heating and cooling entirely. For example, some new automated sealing technologies can seal gaps between 0.5 inches wide and the width of a human hair.
  4. Better lights. Fluorescent bulbs were a dramatic improvement over incandescent bulbs, and LEDs were a dramatic improvement over fluorescent bulbs—but the improvements may not end there. Scientists are currently researching even better types of light bulbs, and more efficient applications of LEDs while they’re at it.
  5. Better heat pumps. Heat pumps are built to transfer heat from one location to another, and can be used to efficiently manage temperatures—keeping homes warm while requiring less energy expenditure. For example, some heat pumps are built for residential heating and cooling, while others are being used to make more efficient appliances, like dryers.
  6. The internet of things. The internet of things and “smart” devices is another development that can significantly reduce our energy demands. For example, “smart” windows may be able to respond dynamically to changing light conditions to heat or cool the house more efficiently, and “smart” refrigerators may be able to respond dynamically to new conditions. There are several reasons for this improvement. First, smart devices automate things, so it’s easier to control your energy consumption. Second, they track your consumption patterns, so it’s easier to conceptualize your impact. Third, they’re often designed with efficiency in mind from the beginning, reducing energy demands, even without the high-tech interfaces.
  7. Machine learning. Machine learning and artificial intelligence (AI) technologies have the power to improve almost every other item on this list. By studying consumer patterns and recommending new strategies, or automatically controlling certain features, machine learning algorithms have the power to fundamentally change how we use energy in our homes and businesses.

Making the Investment

All technologies need time, money, and consumer acceptance to be developed. Fortunately, a growing number of consumers are becoming enthusiastic about finding new ways to reduce their energy consumption and overall environmental impact. As long as we keep making the investment, our tools to create cleaner energy and demand less energy in the first place should have a massive positive effect on our environment—and even our daily lives.

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Energy

Responsible Energy Investments Could Solve Retirement Funding Crisis

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Energy Investments
Shutterstock / By Sergey Nivens | https://www.shutterstock.com/g/nivens

Retiring baby-boomers are facing a retirement cliff, at the same time as mother nature unleashes her fury with devastating storms tied to the impact of global warming. There could be a unique solution to the challenges associated with climate change – investments in clean energy from retirement funds.

Financial savings play a very important role in everyone’s life and one must start planning for it as soon as possible. It’s shocking how quickly seniors can burn through their nest egg – leaving many wondering, “How long your retirement savings will last?

Let’s take a closer look at how seniors can take baby steps on the path to retiring with dignity, while helping to clean up our environment.

Tip #1: Focus & Determination

Like in other work, it is very important to focus and be determined. If retirement is around the corner, then make sure to start putting some money away for retirement. No one can ever achieve anything without dedication and focus – whether it’s saving the planet, or saving for retirement.

Tip #2: Minimize Spending

One of the most important things that you need to do is to minimize your expenditures. Reducing consumption is good for the planet too!

Tip #3: Visualize Your Goal

You can achieve more if you have a clearly defined goal in life. This about how your money can be used to better the planet – imagine cleaner air, water and a healthier environment to leave to your grandchildren.

Investing in Clean Energy

One of the hottest and most popular industries for investment today is the energy market – the trading of energy commodities. Clean energy commodities are traded alongside dirty energy supplies. You might be surprised to learn that clean energy is becoming much more competitive.

With green biz becoming more popular, it is quickly becoming a powerful tool for diversified retirement investing.

The Future of Green Biz

As far as the future is concerned, energy businesses are going to continue getting bigger and better. There are many leading energy companies in the market that already have very high stock prices, yet people are continuing to investing in them.

Green initiatives are impacting every industry. Go Green campaigns are a PR staple of every modern brand. For the energy-sector in the US, solar energy investments are considered to be the most accessible form of clean energy investment. Though investing in any energy business comes with some risks, the demand for energy isn’t going anywhere.

In conclusion, if you want to start saving for your retirement, then clean energy stocks and commodity trading are some of the best options for wallets and the planet. Investing in clean energy products, like solar power, is a more long-term investment. It’s quite stable and comes with a significant profit margin. And it’s amazing for the planet!

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