Renewable energy wins a victory in Kentucky

Kentucky lawmakers approve PACE financing to support clean energy and efficiency Kentucky is the latest state the approve a Property-Assessed Clean Energy (PACE) financing initiative. PACE is a financing tool that states can use to develop new renewable energy projects. The tool has become somewhat popular in the United States, as they have proven to be an effective way to finance new energy projects that can be a benefit to a state. PACE allows cities to use property taxes to fund new clean energy projects. PACE will help fund the…

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Super Bowl XLIX uses green energy to save power

LED Lights save energy during America’s most popular sporting event. The most recent Super Bowl (Super Bowl XLIX) may not have been the first time the New England Patriots won the Nation Football League (NFL) championship, but it was the first time that this event was played under LED lighting; green energy that saved a surprising amount of power. The LED lighting system used 75 percent less energy than the previous system. The most recent Super Bowl was held at the University of Phoenix Stadium. With the help of Cree…

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Green energy investment made by Verizon

Verizon Communications intends to expand its solar energy market. The American telecommunications company has recently announced that it will be investing another $40 million into its green energy program, which will allow Verizon to grow its solar power market in five states. An extra 10.2 MW of power will be added at eight sites. The sites are located in California, New York, Maryland, Massachusetts, and New Jersey. After the completion of the new installations, the investment, which will fund more than 10 megawatts (MW), will increase the amount of clean…

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