The Sunvestment Energy Group Blog
Tap into Locally Generated Green Power
The first Community Solar Farm in the Adirondacks is expected to start generating energy in 2020. Sunvestment Energy Group and RER Energy are collaborating to build and operate a community solar farm in Saranac Lake on state Route 86, just past Lake Colby. The property is owned by one of AdkAction’s founding board members and past board Chairman Lee Keet. Lee purchased the 22-acre property back in 1999 because Walmart was looking to build a store on the site and he thought it was in the best interests of the community to keep the megaretailer out. Now, instead of having a Walmart on the...
Sunvestment and RER Energy are teaming up to build and operate community solar at Saranac Lake
This village is expected to be the home of the first community solar project in the Adirondack Park. Solar power companies Sunvestment Energy Group and RER Energy of Rochester and Reading, Pennsylvania, respectively, are teaming up to build and operate a community solar project on state Route 86, just past Lake Colby heading toward Gabriels, which will provide solar energy to about 250 homes. Residents can start subscribing for the service in March, and the project is expected to be operational by summer. Read...
BlackRock C.E.O. Larry Fink: Climate Crisis Will Reshape Finance
In his influential annual letter to chief executives, Mr. Fink said his firm would avoid investments in companies that “present a high sustainability-related risk.” Laurence D. Fink, the founder and chief executive of BlackRock, announced that his firm would make investment decisions with environmental sustainability as a core goal. Read more
Green Finance Is Now $31 Trillion and Growing
Climate change may still be a matter of debate for some politicians, but investors are increasingly decisive. Money is gushing into any kind of asset labeled green or sustainable. The frenzy now has investors and firms alike grappling with what counts as “green finance”—and with funds that are no longer seen as green enough. Read more
Investing in climate change solutions hits the mainstream
As the increasingly popular divestment ‘movement’ continues to gather pace, as well as global attention, investors today need to both look ahead for opportunities for growth, and anticipate the solid returns that come from divesting stocks and equity from the fossil fuel industry and reinvesting into climate solutions such as solar PV and onshore wind. This is even more poignant following the deal made at the Paris Climate Conference (COP21) in December last year, which commits governments to holding the increase in the global average temperature to well below 2 degrees above...
Renewable Energy Is Now The Cheapest Option – Even Without Subsidies
A new report by the International Renewable Energy Agency (IRENA) shows that un-subsidized renewable energy is most frequently, the cheapest source of energy generation. Read More