2015 Greenhouse Gas Impact

The solar, landfill gas, and fuel cell projects funded by New Energy Capital through the New Energy Capital Cleantech Infrastructure Fund offset over 482 thousand metric tons of carbon dioxide equivalents (“MT CO2 Eq.”) in 2015. NEC expects this number to grow in 2016 as in-construction solar projects are placed into service and as the AltAir renewable fuel project begins commercial production.

NEC collected or estimated megawatt hour (“MWh”) generation data for each portfolio project and used region-specific eGRID emissions factors maintained by the U.S. Environmental Protection Agency to determine the greenhouse gas (“GHG”) intensity of each MWh offset by its investments. Combining the generation data, project location, and eGRID emissions factor, NEC estimated the amount of carbon dioxide, methane, and nitrous oxide (measured together as metric tons of CO2 Eq.) offset by each investment.

Table 1- 2015 Generation & GHG Offset by Investment

Investment

Capacity
(MW)

Generation
(MWh)

GHGs Offset
(MT CO
2 Eq.)

FLS Energy

609

252,950

206,637

Cypress Creek

445

115,738

94,548

SunEdison I

105

195,044

90,376

BioFuels Washington

5

32,862

23,655

SunEdison II

24

44,513

20,626

CEC

24

24,747

18,256

Trident

4

29,185

13,523

BioFuels Pt. Loma

3

21,318

9,878

Celina Solar

5

6,066

4,955

2015 Total

1,224

722,424

482,453

Figure 1- 2015 GHG Offsets

Figure 1