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The Long View
A top 3 global Independent Power Producer (IPP) scaled its greenfield New Development efforts by closing a successful lease in record time on View’s Develop Marketplace. Together with HST and its digital solutions, the IPP is able to move forward on development on projects that are notably de-risked and likely to get to completion.
Brand Revamp
We are excited to share the most significant change to our brand to date. We revamped our website and logo to signify and reaffirm our commitment to advancing the energy transition by scaling clean energy development. HST has always focused on creating technology that improves solar farm development with the goal of decarbonizing our power.
Podcast Interview
This week, Todd Alexander interviews HST CEO Rudy Roy on The Currents Podcast Episode 141 from Norton Rose Fulbright. Show Notes Rudy talks about HST’s mission to improve lives by scaling clean energy to 1 billion people through software innovation and cloud technology. He elaborates on how HST scaled its View® and Cue® software platforms to thousands of projects.
Why Energy Development Needs Search
If you are in the business of clean energy development, you have a lot on your plate. HST understands this. The company was founded by former solar developers who are intimately familiar with the process of PPAs, site selection, interconnection, permitting, solar PV design, and solar PV Engineering, Procurement.
Investment Announcement
HST is happy to announce that DNV Ventures, the venture arm of DNV, joined our cap table alongside leading investors Addition, VoLo Earth Ventures, Storm Ventures, Intelis Capital, and others. Our partnership with DNV includes a deepening collaboration to facilitate grid-scale carbonization. Clean energy developers who use View® can now book meetings with DNV teams.
Inflation Reduction Act
The recently passed Inflation Reduction Act (IRA) is a landmark legislation in the U.S. decarbonization and climate resilience efforts – on a much larger scale than any other climate measures in the past. The IRA brings hope for a healthy environmental future here in the U.S. With goals such as lowering the cost of clean energy.
Thoughts on Sustainability
We’re excited about what’s in store for sustainability over the next few years with the recent Senate race results and the incoming Administration. We look forward to hearing about your thoughts on what the next Administration and the new Congress means for sustainability and clean energy. Here are some of ours: President-Elect Joe Biden’s victory will have significant policy implications.
Virtual Power Purchase Agreements (vPPAs)
Virtual Power Purchase Agreements (vPPAs): A Viable Method to Decarbonize your Footprint. As we mentioned in previous articles, vPPAs can be insured or uninsured depending on your level of risk tolerance. They allow you to guarantee that a project developer will have a fixed stream of cash flows so that they can get their project financed.
The Role of vPPAs
The virtual power purchase agreement (vPPA) has a substantial role in enabling off-site clean energy procurement. We wanted to explain to renewable energy buyers how the vPPA works and what has made it so popular. Uninsured PPAs: If you’re looking to procure wholesale energy, you may come across the vPPA as an off-site power purchase.