Cobb EMC Announces 2030 Clean Energy Goals
Posted on Mar 30, 2021 in Battery, Energy Efficiency, Renewable Energy | Comments Off on Cobb EMC Announces 2030 Clean Energy Goals
Over the last decade, Cobb EMC has been investing in smart, renewable energy technology for its members and is on schedule to attain its clean energy goals by 2030. The installation of rooftop solar panels on campus, the completion of a Solar Flower Garden, the activation of battery storage, and additional utility-scale solar later this year are all keeping Cobb EMC’s sustainability...
Electric Coop Ranks With Top Innovative Businesses
Posted on Mar 30, 2021 in Innovation/Efficiency | Comments Off on Electric Coop Ranks With Top Innovative Businesses
BARC Electric Cooperative was named the seventh most innovative company in North America in 2021 by Fast Company, the media firm that ranks advancements across all sectors worldwide. Serving nearly 13,000 members in Virginia’s Shenandoah Valley region, Millboro-based BARC is the first electric coop bestowed the honor.
Tennessee Valley Authority to Build Kentucky’s Largest Solar Site
Posted on Mar 30, 2021 in Grid & Infrastructure, Project Development, Renewable Energy | Comments Off on Tennessee Valley Authority to Build Kentucky’s Largest Solar Site
The Tennessee Valley Authority (TVA) announced plans last Thursday to build the largest solar-plus-storage project in its Kentucky service area. The new Logan County solar farm, part of the TVA’s Green Invest program, will provide Facebook’s regional data center operations with 145 megawatts of solar power and General Motors’ Corvette Plant in Bowling Green with 28...
RUS Loan Repricing Bill Reintroduced
Posted on Mar 26, 2021 in Financing | Comments Off on RUS Loan Repricing Bill Reintroduced
A bipartisan group of legislators reintroduced the Flexible Financing for Rural America Act this week. The law would permit electric coops to reprice loans from the U.S. Department of Agriculture’s Rural Utilities Service (RUS) at current rates without prepayment penalties, potentially resulting in savings of $10 billion for about 500 coops.
Texas Coop to Strengthen Infrastructure
Posted on Mar 19, 2021 in Grid & Infrastructure | Comments Off on Texas Coop to Strengthen Infrastructure
Upshur Rural Electric Cooperative is currently replacing and increasing the number of poles and lines in anticipation of “storm season” in East Texas. The coop believes the investment will save money down the road by avoiding repeated repairs.
New Cyber Technology Provides Real-Time Defense
Posted on Mar 16, 2021 in Cybersecurity, Technology | Comments Off on New Cyber Technology Provides Real-Time Defense
New technology developed to rapidly identify and defend against emerging cybersecurity threats is being demonstrated at a growing number of electric cooperatives nationwide. The technology is being developed by the National Rural Electric Cooperative Association and its partners BlackByte Cyber Security LLC and Referentia Systems Inc. through a cooperative agreement with the U.S....
USDA Invests $598 Million in Rural Electric Infrastructure After Severe Weather
Posted on Mar 16, 2021 in Grid & Infrastructure | Comments Off on USDA Invests $598 Million in Rural Electric Infrastructure After Severe Weather
The U.S. Department of Agriculture (USDA) announced today a $598 million rural electric loan package to build or improve electric infrastructure in 11 states through the Electric Loan Program. This funding will benefit 460,000 rural residents and businesses in Arizona, Kentucky, Maine, Minnesota, Missouri, New Mexico, North Dakota, Oklahoma, South Carolina, Utah and Virginia. Several...
VEC and GMP Announce Broadband Deployment Program
Posted on Mar 15, 2021 in Broadband, Innovation/Efficiency, Technology | Comments Off on VEC and GMP Announce Broadband Deployment Program
Vermont Electric Co-op (VEC) and Green Mountain Power (GMP) each launched a Broadband Deployment Program to help rural Vermonters get connected to broadband quickly and cost-effectively. The plans approved Friday by the Vermont Public Utility Commission lower the cost for broadband providers to connect the hardest-to-serve customers by offering up to $2,000 per unserved location for...
NRECA Urges NTIA to Award Grants for Tribal Land Broadband Expansion
Posted on Mar 12, 2021 in Broadband | Comments Off on NRECA Urges NTIA to Award Grants for Tribal Land Broadband Expansion
The National Telecommunications & Information Administration (NTIA) is currently formulating its Tribal Broadband Connectivity Grants Program, which was created by the pandemic relief passed by Congress in December 2020. The National Rural Electric Cooperative Association (NRECA) is recommending that NTIA implement the Program with flexibility and efficiency, offering grants to...
J. Andrew Don Selected as CEO of CFC
Posted on Mar 12, 2021 in Uncategorized | Comments Off on J. Andrew Don Selected as CEO of CFC
Effective May 3, 2021, J. Andrew Don will serve as Chief Executive Officer of the National Rural Utilities Cooperative Finance Corporation (CFC). Don currently serves as CFC’s Chief Financial Officer.
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