Thistle Wind Partners’ Post

New Rise Renewables Reno inaugurates 3,200bpd SAF facility in Nevada New Rise Renewables Reno inaugurated 3,200bpd renewable sustainable aviation fuel (SAF) facility at the Reno-Tahoe Industrial Complex in Storey County, Nevada. “Our commitment to sustainability is unwavering, and we're thrilled to be at the forefront of the movement towards cleaner aviation fuels by driving production of SAF,” said Randy Soule, CEO, New Rise Renewables. The facility is scheduled to begin SAF production later this year. New Rise Renewables said that the 10-acre facility, which earlier produced renewable diesel, has been repurposed to produce SAF in order to meet the aviation sector’s rising demand for green fuel. #SAFAviation #SustainableAviationFuel #CleanAviation #ReduceCarbonEmissions #NetZeroAviation #AviationSustainability #DecarbonizeAviation #FutureOfAviation #SustainableTravel Read full below. https://lnkd.in/eDRMxDhE

Very interesting analysis, although most project professionals already know this. Look at the bottom three lines in this table! No great surprise when I consider the consistently excellent collaboration and professionalism I've encountered in the world of energy transition. (some referencing in comments of the original post).

The Clean Energy Council's 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗤𝟭 𝟮𝟬𝟮𝟰 highlights significant momentum in the renewable and energy storage sectors. 𝗞𝗲𝘆 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲: ·      This quarter saw the highest level of financial commitments for large-scale renewable energy generation projects since late 2022, with five projects totaling 895 MW. ·      For the fourth consecutive quarter, financial investment commitments in large-scale energy storage projects exceeded $1 billion. The utility-scale storage sector in Australia continues to thrive, building on a record-breaking 2023. Renewables firmed by storage represent the future of Australia's energy network, making these developments highly encouraging. #RenewableEnergy #EnergyStorage #Sustainability #Australia #Investment #ApplusRenewableEnergy 𝗦𝗼𝘂𝗿𝗰𝗲: https://lnkd.in/gJvSsT_Y

New Rise Renewables Reno has set a new benchmark in sustainability with the inauguration of its 3,200 barrel-per-day renewable Sustainable Aviation Fuel (SAF) facility at the Reno-Tahoe Industrial Complex in Storey County, Nevada. The visionary leadership of CEO Randy Soule underscores the company's unwavering commitment to environmental stewardship and innovation in the aviation sector. The facility, scheduled to commence SAF production later this year, marks a significant step towards meeting the aviation industry's growing demand for eco-friendly fuel solutions. Originally producing renewable diesel, the repurposed 10-acre facility now aligns with global initiatives for cleaner aviation fuels. Utilizing renewable triglyceride feedstocks such as corn, soy, and sunflower oils, New Rise Renewables ensures compliance with Federal Renewable Fuels Standards while contributing to a greener future for aviation. The facility boasts cutting-edge technologies for production, storage, and environmental sustainability, including co-generation, off-gas energy recovery, and water management systems. Moreover, with XCF Global Capital Inc.'s ongoing acquisition of New Rise Renewables, synergies in sustainable energy investments are poised for significant growth. XCF's merger with Focus Impact Partners BH3 Acquisition further underscores the strategic vision to expand renewable energy portfolios, with New Rise Renewables' SAF facility playing a pivotal role in this transformative journey. For a comprehensive view of this milestone and its industry impact, visit our blog. #AvfoilNews #NewRiseRenewables #SustainableAviationFuel #SAFProduction #RenewableEnergy #XCFGlobalCapital #AviationInnovation #EnvironmentalSustainability #CleanEnergy #RenewableFeedstocks #FutureOfAviation

Great news from our team at Sustainability Roundtable, Inc. today! Through our Net Zero Consortium for Buyers (NZCB), Cisco, Juniper Networks, Bio-Rad Laboratories, Cadence Design Systems, IDEXX, PTC, and a large healthcare company signed an aggregated virtual power purchase agreement (VPPA) with Southern Company for renewable energy credits produced by the 180 MW Phase II portion of the Millers Branch Solar Facility in Haskell County, Texas. This long-term procurement enables the financing and development of the 180 MW solar project owned by SPC, and the project is expected to achieve commercial operation in the second quarter of 2026. We are excited to share that this is one of the largest peer buyer-organized aggregations to date globally! Today's announcement reflects the fact that the NZCB has achieved 86% of its goal of causing a gigawatt of new renewable energy capacity before 2025. Reaching the NZCB’s gigawatt goal will generate enough energy to meet the annual average electricity needs of more than 200,000 U.S. homes while helping mitigate commercial Scope 2 emissions across the business operations of corporate buyers. This transaction demonstrates how the NZCB offers a breakthrough model for commercial collaboration in causing utility-scale renewables, beginning in North America and Europe. Link to the press release below.

Due Diligence Priority #1 - Knowledge Management. Renewable energy due diligence is in urgent need of a 'reboot' to speed up the flow of capital into new projects - but will a digital approach dilute the hard-won knowledge and experience of your advisory team, and undermine the value you deliver to clients? At LiveDiligence, we believe the opposite. Over the next 5 years, the due diligence advisory space will increasingly be dominated by the companies that can operationalise their institutional knowledge. Those companies will consistently deliver higher value with fewer resources, and scale faster through efficient knowledge sharing and accelerated upskilling of new employees. Delivering insights derived from specialist knowledge at speed and scale is vital to expedite clean energy investment. For advisors who can achieve this, the rewards will be significant. Read our four key priorities for due diligence advisors in Renewable Energy Magazine here: https://lnkd.in/esgmJKbQ #reboot #renewableenergy #duediligence #knowledge #management

Where do we stand in construction efficiency? Well done team renewables!! Look at the bottom of the table. Came across this while travelling back from GOW. It’s interesting and again shows the excellence in our sector. Basically construction efficiency in renewable energy projects, particularly offshore wind, is setting new benchmarks compared to traditional infrastructure projects. 🚧💨 While budget and schedule overruns are common across all sectors, renewables are showing a remarkable trend of tighter control. 📈🔧 So what are the reasons? 1. Advanced planning and risk management, often driven by more commercial exposure and tighter margins than O&G and other utility sectors 📝🔍 2. Modular and scalable technology ⚙️🔋 3. Stronger stakeholder collaboration 🤝🌍 So as we dust off an excellent conference, let us continue to innovate and streamline, renewable projects are not just green but also lean and efficient. 🌱⚡ What is not to like!? --------------------------------------- 📞 📧 Contact me or OWC if you want to chat about support for your renewable energy project, investment, or market entry. ➡ Subscribe to the loudest, most seriously caffeinated #offshorewind newsletter on LinkedIn 👉🏼 https://lnkd.in/evdXr-QH

Through Sustainability Roundtable, Inc.’s Net Zero Consortium for Buyers (NZCB), seven world-leading companies have signed an aggregated virtual power purchase agreement (VPPA) with Southern Company for the renewable energy credits produced by the 180 MW Phase II portion of the Millers Branch Solar Facility in Haskell County, Texas. This long-term procurement enables the financing and development of the 180 MW solar project owned by SPC, and the project is expected to achieve commercial operation in the second quarter of 2026. Cisco, Juniper Networks, Bio-Rad Laboratories, Cadence Design Systems, IDEXX, PTC, and a large healthcare company joined this agreement, which democratizes access to the commercial and environmental benefits of utility-scale renewable energy by making procurement accessible to a broader range of enterprises. This aggregation is one of the largest peer-buyer organized aggregations to date globally. Today's announcement reflects the fact that the NZCB has achieved 86% of its goal of causing a gigawatt of new renewable energy capacity before 2025. Reaching NZCB’s gigawatt goal would generate enough energy to meet the annual average electricity needs of more than 200,000 U.S. homes while helping mitigate commercial Scope 2 emissions across the business operations of corporate buyers. This transaction demonstrates how the NZCB offers a breakthrough model for commercial collaboration in causing utility-scale renewables, beginning in North America and Europe. 

I’m super excited to share this announcement from Sustainability Roundtable, Inc. today. Through our Net Zero Consortium for Buyers (NZCB), Cisco, Juniper Networks, Bio-Rad Laboratories, Cadence Design Systems, IDEXX, PTC, and a large healthcare company signed an aggregated virtual power purchase agreement (VPPA) with Southern Power for renewable energy credits produced by the 180 MW Phase II portion of the Millers Branch Solar Facility in Haskell County, Texas. This long-term procurement enables the financing and development of the 180 MW solar project owned by SPC, and the project is expected to achieve commercial operation in the second quarter of 2026. We are excited to share that this aggregation is one of the largest peer-buyer organized aggregations to date globally! Today's announcement reflects the fact that the NZCB has achieved 86% of its goal of causing a gigawatt of new renewable energy capacity before 2025. Reaching NZCB’s gigawatt goal would generate enough energy to meet the annual average electricity needs of more than 200,000 U.S. homes while helping mitigate commercial Scope 2 emissions across the business operations of corporate buyers. This transaction demonstrates how the NZCB offers a breakthrough model for commercial collaboration in causing utility-scale renewables, beginning in North America and Europe.☀🌻🌵 See the comments for a link to learn more!