EVERYDAY ENERGY

Another Houston sports team commits to fighting climate change

Looks like green really is the new black in a city that’s known for being all blue. Photo courtesy of Zach Tarrant, HoustonTexans.com

The Houston Texans rocked the football world in early May with their historic back-to-back first-round all-star offense/defense NFL draft picks, but that’s not the only groundbreaking news they had planned this month. In partnership with 1PointFive, the Texans’ Preferred Carbon Removal Partner, the team announced the Touchdown for Trees program to recapture carbon emissions – and the hearts of fans.

“As part of our partnership with 1PointFive, we kicked off our Touchdown for Trees initiative last week at Hermann Park Conservancy,” Houston Texans Senior Vice President of Partnerships Jerry Angel tells EnergyCapitalHTX. “We’re looking forward to continuing to work together to make a difference across our community during the 2023 Season.”

For every touchdown scored by the Texans in the 2022, 2023, and 2024 seasons, the team pledges to plant 1.5 trees in the greater Houston area. To kick off the initiative, Houston Texans staff and cheerleaders gathered in Hermann Park Conservancy on May 11 to plant 25 inaugural trees. The group also removed invasive species from the area to eliminate competition for the newly planted trees and restore native habitat conditions.

Planting trees to fight climate change has gathered significant momentum in recent years, as each individual tree can offset approximately 22 pounds of carbon emissions per year over its first 20 years of life, according to conservative calculations from OneTreePlanted.org. The One Trillion Tree Initiative, announced at the 2020 World Economic Forum in January 2023, could effectively reduce carbon emissions by 20% year-over-year for the next two decades through reforestation efforts.

Like other carbon capture solutions, reforestation must be pursued with proper planning and care, so as not to waste time nor resources. But many tout reforestation as the simplest way to reduce carbon emissions and meet all 17 of the United Nations’ Sustainable Development Goals simultaneously.

With this commitment to reforestation, the Houston Texans join the Astros, Rockets, Dash, and Dynamo in a collective effort to fight climate change. Earlier this spring, the Houston Astros partnered with 1PointFive in an agreement to purchase carbon dioxide removal credits from the new Direct Air Capture facility near Odessa in Ector County, TX.

Like the Texans, the soccer teams of Houston are donating trees for each victory achieved this calendar year. In partnership with Shell Energy, the Dynamo and Dash have already committed to 1,750 new trees from their 5 aggregate wins this spring.

Additionally, each of the homes of these Houston teams follows in the footsteps of Houston’s original green arena, the Toyota Center. One of 10 Green NBA arenas to earn LEED certification, the home of the Houston Rockets boasts energy efficient lighting, electric submeters, and an abundance of trees and vegetation in an urban setting to reduce greenhouse gases by over 3,000 tons annually.

Shell Energy is giving the home of the Dynamo and Dash a decarbonization facelift this year, with energy efficient LED-lighting throughout, installation of EV charging stations, and the use of on-site renewable energy generation systems.

Similar efforts continue to roll out at Minute Maid Park and NRG Stadium, including food sustainability programs, dedicated recycling for aluminum, plastic, and cardboard, and complete conversion to more efficient lighting solutions on the field, in the bathrooms, and even out in the parking lots.

Whether rooting for the home team or cheering on the visitors, fans that attend Houston events at these stadiums and arenas benefit from the knowledge and experience of local talent stewarding such energy transition initiatives. Maybe it’s time to bring back the historic chant of the Oilers, with a modern twist, “go blue–and green!”

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A View From HETI

Jupiter Power's Houston facility went online earlier this year. Photo courtesy of jupiterpower.io

Austin-based developer and operator of utility-scale battery energy storage systems Jupiter Power has announced the successful closing of a $225 million corporate credit facility.

The transaction strengthens Jupiter Power’s U.S. portfolio, which includes one of the nation’s largest energy storage development pipelines, totaling over 12,000 megawatts. Jupiter Power, which also has offices in Houston, began commercial operations with the launch of its 400-megawatt-hour battery facility, Callisto I, in central Houston in August of 2024.

"Securing this corporate credit facility highlights the market's recognition of Jupiter Power as a leader in advancing large-scale energy storage solutions, as evidenced by our 2,575 megawatt hours of battery energy storage systems already in operation or construction," Jupiter Power CFO Jesse Campbell says in a news release. “This funding enhances our ability to advance projects across our pipeline in markets where energy storage is needed most. We greatly appreciate the support of our banking partners in this transaction.”

The $225 million in total revolving credit facilities will include up to $175 million in letters of credit and $50 million in revolving loans. Leading on the lender side includes Barclays Bank PLC, HSBC Bank USA, and Sumitomo Mitsui Banking Corp.

“HSBC is proud to support Jupiter Power with their credit facility as they continue to expand and accelerate the development of their energy storage projects across the United States,” Paul Snow, head of renewables - Americas at HSBC adds. “HSBC’s inaugural facility with Jupiter Power not only reinforces our commitment to financing premiere clean energy projects, but complements our ambition to deliver a net zero global economy.”

The Houston project is the first in the area, and Jupiter Power's ninth to deliver energy storage to ERCOT, which brings its total ERCOT fleet to 1,375-megawatt-hour capacity.

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