Power purchase agreement

RWE signs two 15-year Power Purchase Agreements with Microsoft to supply clean energy from two onshore wind projects in Texas with a combined capacity of 446 megawatts

Retrieved on: 
Donnerstag, Mai 23, 2024

Under the PPAs, Microsoft will purchase clean electricity from two new RWE onshore wind farms in Texas.

Key Points: 
  • Under the PPAs, Microsoft will purchase clean electricity from two new RWE onshore wind farms in Texas.
  • The official groundbreaking for the RWE Peyton Creek II onshore wind farm has just taken place and for the Lane City project, RWE made the investment decision.
  • The two onshore wind projects have a combined capacity of 446 megawatts (MW).
  • Andrew Flanagan, CEO of RWE Clean Energy: “As RWE, we are excited to be working with Microsoft to provide the clean electricity they need to achieve their sustainability goals.

Latin America Data Center Market Landscape Report 2024-2029 Featuring Prominent Vendors - Arista, Broadcom, Cisco, Caterpillar, HPE, Huawei, Dell, IBM, NetApp, Google, Eaton, ABB & Google Among Others - ResearchAndMarkets.com

Retrieved on: 
Freitag, Mai 24, 2024

The market has several participants/vendors active in the Latin America data center market, leading to market growth.

Key Points: 
  • The market has several participants/vendors active in the Latin America data center market, leading to market growth.
  • Brazil led the Latin America data center market in 2023, accounting for over 40% of the market share in investments.
  • What is the estimated market size in terms of area in the Latin America data center market by 2029?
  • How many MW of power capacity is expected to reach the Latin America data center market by 2029?

Plug Announces First Quarter 2024 Financial Results

Retrieved on: 
Donnerstag, Mai 9, 2024

LATHAM, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) (the “Company”), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced its financial results and operational milestones for the first quarter of 2024.

Key Points: 
  • LATHAM, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) (the “Company”), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced its financial results and operational milestones for the first quarter of 2024.
  • Earnings-Per-Share (EPS) and Revenue: The Company reported revenue of $120.3 million and EPS loss of $0.46 for the quarter ended March 31, 2024.
  • Consistently with past seasonality and continued new product scaling, Plug expects that one-third of its full year revenue will be in the first half of 2024.
  • As of the Q1 2024 earnings date, Plug currently has 20 electrolyzer systems undergoing commissioning at third-party customer sites, with further deliveries to be made over the balance of 2024.

Great Lakes Reports First Quarter 2024 Results

Retrieved on: 
Dienstag, Mai 7, 2024

HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Dredging backlog of $879.4 million at March 31, 2024
    HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the first quarter ended March 31, 2024.
  • Lasse Petterson, President and Chief Executive Officer commented, “Great Lakes ended the first quarter with strong financial results, including net income of $21.0 million and adjusted EBITDA of $42.9 million, which is the best adjusted EBITDA quarter since the fourth quarter of 2021, supporting a return to normalcy.
  • Great Lakes cautions investors that any forward-looking statements made by Great Lakes are not guarantees or indicative of future performance.
  • Great Lakes' future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties.

Equinix Reports First Quarter 2024 Results

Retrieved on: 
Mittwoch, Mai 8, 2024

Additionally, on April 30, 2024, Equinix received a subpoena from the Securities and Exchange Commission.

Key Points: 
  • Additionally, on April 30, 2024, Equinix received a subpoena from the Securities and Exchange Commission.
  • Equinix will discuss its quarterly results for the period ended March 31, 2024, along with its future outlook, in its quarterly conference call on Thursday, May 9, 2024, at 5:30 P.M.
  • A replay of the call will be available one hour after the call through Sunday, June 30, 2024, by dialing 1-888-566-0094 and referencing the passcode 2024.
  • Equinix has made available on its website a presentation designed to accompany the discussion of Equinix's results and future outlook, along with certain supplemental financial information and other data.

Powerledger and MYTILINEOS Collaborate for Clean Energy PPA Tracking and Smart Sourcing

Retrieved on: 
Mittwoch, April 17, 2024

Powerledger partners with Greek energy and metals company, MYTILINEOS (through Protergia), to introduce, for the first time, one of its kind energy provenance tracking and tracing solutions in Greece.

Key Points: 
  • Powerledger partners with Greek energy and metals company, MYTILINEOS (through Protergia), to introduce, for the first time, one of its kind energy provenance tracking and tracing solutions in Greece.
  • Zug, Switzerland--(Newsfile Corp. - April 17, 2024) - Powerledger in partnership with MYTILINEOS Energy & Metals (RIC: MYTr.AT) (ATH: MYTIL) (OTC Pink: MYTHY) (MYTILINEOS) through Protergia , introduces energy provenance tracking and tracing solutions in Greece.
  • Powerledger - MYTILINEOS partnership boasts several key features as following:
    It allows consumers to trace, visualise near real-time energy using blockchain and AI.
  • "The Powerledger blockchain meticulously tracks and traces the supplied energy from its generation source to its point of consumption, from smart meter data.

Arizona Governor Hobbs Attends Ceremony at Longroad Energy's Sun Streams Complex, Celebrating Expansion of Renewable Energy, Family Supporting Jobs and Community Benefits

Retrieved on: 
Donnerstag, April 25, 2024

ARLINGTON, Ariz., April 24, 2024 /PRNewswire/ -- Arizona Governor Katie Hobbs, Arizona Corporation Commission (ACC) Commissioner Lea Marquez Peterson, and executives from Arizona Public Service (APS), Longroad Energy (Longroad), McCarthy Building Companies (McCarthy), and U.S. Bancorp Impact Finance (Impact Finance) attended a ribbon cutting ceremony today at the Longroad Sun Streams Complex located in Maricopa County. The occasion celebrated the progress made to date at the 6,000+ acre solar and storage complex and the many benefits it is delivering to Arizona, including generating clean, solar energy to power 200,000 average American homes, supporting 1,000 construction jobs and providing more than $300 million in benefits to Arizona schools and communities through its long-term leases with the Arizona State Land Department and tax remittances.

Key Points: 
  • The Longroad Sun Streams Complex is comprised of three projects that total 862 MWdc (665 MWac) of solar and 515 MWac / 2060 MWh storage.
  • "The Longroad Sun Streams Complex is a powerful example of how responsible land stewardship, and the ambitious expansion of renewable energy infrastructure delivers a wealth of benefits to Arizona citizens," said Arizona Governor Katie Hobbs.
  • The Sun Streams projects will provide a clean energy source to support grid reliability and help ensure Arizona citizens stay cool on the hottest summer days.
  • It's an honor to partner with Longroad, and to be part of the positive impact that this energy complex is having on Arizona."

EQS-News: ENCAVIS remains on its growth trajectory in Germany, significantly enhancing its energy production capacity with the construction of its 114-megawatt solar park in Borrentin

Retrieved on: 
Mittwoch, April 10, 2024

ENCAVIS remains on its growth trajectory in Germany, significantly enhancing its energy production capacity with the construction of its 114-megawatt solar park in Borrentin

Key Points: 
  • ENCAVIS remains on its growth trajectory in Germany, significantly enhancing its energy production capacity with the construction of its 114-megawatt solar park in Borrentin
    The issuer is solely responsible for the content of this announcement.
  • “Together with BELECTRIC, we are building Encavis AG’s largest solar park in Germany to date in Borrentin.
  • After completion, our connected generation capacity in our home market will increase to a total of 677 MW.
  • It is only from values above 40 that one speaks of good arable soil, from values above 60 of very good quality.

Schneider Electric announces global winners of second edition of its Sustainability Impact Awards

Retrieved on: 
Donnerstag, April 4, 2024

Schneider Electric , the leader in the digital transformation of energy management and automation, today announced the global winners of the latest Schneider Electric Sustainability Impact Awards .

Key Points: 
  • Schneider Electric , the leader in the digital transformation of energy management and automation, today announced the global winners of the latest Schneider Electric Sustainability Impact Awards .
  • Launched in 2022, the awards honor the contribution of Schneider's partner ecosystem in creating a more sustainable and electric world.
  • In addition to receiving valuable recognition, award winners benefit from global visibility which could lead to new business opportunities.
  • Massive congratulations to the winners for their exceptional commitment towards making a positive impact,” Rohan Kelkar, EVP for Global Power Products at Schneider Electric said.

Oklo Signs LOI to Supply 50 Megawatts of Power to Diamondback Energy

Retrieved on: 
Montag, April 8, 2024

Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, announces an agreement with Diamondback Energy Inc. (“Diamondback”) (NASDAQ: FANG), the largest independent producer headquartered in the shale-oil region to collaborate on a long-term Power Purchase Agreement (“PPA”).

Key Points: 
  • Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, announces an agreement with Diamondback Energy Inc. (“Diamondback”) (NASDAQ: FANG), the largest independent producer headquartered in the shale-oil region to collaborate on a long-term Power Purchase Agreement (“PPA”).
  • View the full release here: https://www.businesswire.com/news/home/20240408533423/en/
    The LOI signed by Diamondback outlines its intent to enter into a 20-year PPA with Oklo.
  • According to the terms of the LOI, Oklo intends to license, build, and operate powerhouses capable of generating 50 MW of electric power to Diamondback E&P LLC, a wholly owned subsidiary of Diamondback near Midland, Texas.
  • The collaboration between Oklo and Diamondback represents a significant step towards emissions reductions and supporting national energy security by providing reliable access to electricity to power domestic energy operations.