UGE International
UGE:TSXV; UGEIF:OTC
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Illuminating Sustainable Cash Flow
Note: Exhibit 1 originally published February 13, 2024 incorrectly identified the $0.22 "EPC Margin" as a "developer fee". We apologize for the incorrect identification. In Sophic Capital’s Sunny Side Up report, we looked at how Sophic Capital client UGE (the...
Sunny Side Up
Sophic Capital UGE is a full lifecycle developer and operator of U.S. community solar projects. The Company’s energy subscribers range from individual households to large corporate clients like T-Mobile and Bloomberg. UGE also works with landowners and commercial & industrial building owners, by leasing their land or roof space to host a solar project. This report looks at how UGE finances its projects.
A “Sun-sational” Take on Community Solar
(Solar) Power to the People Community solar is a structure whereby a solar energy project provides power to a set of subscribers (aka the “community”), typically a mix of households, organizations, and businesses. These systems are located in a central location and...
Clearing the Way for Largest Climate Package in U.S. History
The U.S. Senate passed the Inflation Reduction Act of 2022, a bill that provides $369 billion of support to address climate change and energy security. Learn how the solar industry and UGE International can benefit.
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Another great company offsite in the books! We connected with colleagues old and new; discussed successes, lessons learned, and opportunities in our work; and got artistic with a glass painting class 🎨 Feeling energized and excited to get back to work! It's official! We're so excited to embark on this next phase of growth with NOVA Infrastructure. Together we will expand our impact bringing accessible renewable energy to communities across the U.S. We're excited to contribute to the doubling of #CommunitySolar over the next five years! Wood Mackenzie: U.S. community solar to double in five years Cumulative community solar installations are forecast to increase from less than 7 GW installed today to over 14 GW by 2029. pv-magazine-usa.com Check out our guide to the Domestic Content Adder for solar developers! Introduced as part of the #InflationReductionAct, the Adder helps developers like us support a domestic solar manufacturing industry. Thanks to @Solar_Builder for publishing! A solar developer's guide to capitalizing on the Domestic Content Adder The Domestic Content Adder is designed to strengthen the U.S. solar equipment manufacturing industry. bit.ly Fly over our newly completed #CommunitySolar project in Staten Island, New York! With this project energized, we now have 10 rooftop solar projects in metro #NYC within our operating portfolio. ☀️@UGE_Intl Achieves Commercial Operation for Rooftop Community Solar Project in Staten Island, New York Looking to learn the latest about the #environment sector in Canada? In this edition: #cleanenergy milestone happening at @UGE_Intl; #energytransition funds available via @ECC_GovNL; @PollutionProbe report reveals state of #climateaction; and more. An exciting new statistic: 𝟴𝟬% of electric capacity additions so far this year have been #solar. Adding wind, renewables represent 99% of all capacity additions. #CommunitySolar is delivering on its promise to expand #EnergyEquity, a recent study from @BerkeleyLab has confirmed. The study found that community solar subscribers are 6x more likely to live in multifamily housing and 4x more likely to be renters. Evaluating community solar as a measure to promote equitable clean energy access Nature Energy - Drawing from data on 11 US states, here the authors find evidence to suggest that community sola... bit.ly After 10 years a public company, we've entered into an arrangement agreement for a go-private transaction with NOVA Infrastructure.
https://ugei.com/nova-completes-purchase-of-uge-international/
Operating portfolio now stands at 7.1MW
UGE also has 18.1MW in deployment and construction
Full PR ==>
[TSXV: $UGE.V] [OTC: $UGEIF]
https://email.listman.ca/view.php?email=EJN0284&id=713178
https://pv-magazine-usa.com/2024/06/13/solar-represents-64-of-u-s-electric-capacity-additions-in-2024/
We're thrilled about the prospect of working with NOVA to supercharge our growth and expand our impact. Learn more: https://bit.ly/3Kmt8hu
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