Transmission

Canadian Solar Secures 193 MW of BESS Projects in Japan's Inaugural Long-term Decarbonization Power Source Auction

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Mercredi, mai 8, 2024

GUELPH, ON, May 8, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has won three battery energy storage system ("BESS") projects, totaling 193 MW, in Japan's first Long-Term Decarbonization Power Source Auction ("LTDA").

Key Points: 
  • GUELPH, ON, May 8, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has won three battery energy storage system ("BESS") projects, totaling 193 MW, in Japan's first Long-Term Decarbonization Power Source Auction ("LTDA").
  • The winners of this auction were announced on April 26, 2024, with the Company securing a 13.3% of the total awarded energy storage projects.
  • Canadian Solar will enter into Capacity Reserve Agreements ("CRA") with the Organization for Cross-regional Coordination of Transmission Operators ("OCCTO").
  • We remain committed to advancing both BESS and PV projects, supporting Japan's goal of achieving carbon neutrality by 2050."

First quarter 2024 financial information: Good start to the year

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Mercredi, avril 24, 2024

The Group’s first quarter 2024 sales at standard metal prices of €1,692 million represent the strongest first quarter level achieved by Nexans.

Key Points: 
  • The Group’s first quarter 2024 sales at standard metal prices of €1,692 million represent the strongest first quarter level achieved by Nexans.
  • Generation & Transmission standard sales came in at €257 million in first quarter 2024, up +33.9% organically compared to first quarter 2023.
  • The Other Activities segment, primarily comprising copper wire sales, reported standard sales of €220 million in first quarter 2024.
  • Moreover, the Group is confirming its 2024 Capital Markets Day targets and will continue to implement its strategic roadmap and priorities.

Valmont Reports First Quarter 2024 Results and Raises Full-Year 2024 Guidance

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Mercredi, mai 1, 2024

These volume increases, and favorable pricing across the portfolio, were more than offset by significantly lower Telecommunications volumes.

Key Points: 
  • These volume increases, and favorable pricing across the portfolio, were more than offset by significantly lower Telecommunications volumes.
  • In North America, irrigation equipment volumes were lower as the first quarter of 2023 benefited from the ongoing delivery of elevated backlog.
  • Operating Income was $41.0 million or 15.9% of net sales compared to $53.3 million or 16.1% of net sales in the first quarter of 2023.
  • During the quarter, Valmont completed the $120.0 million Accelerated Share Repurchase (“ASR”) program commenced in the fourth quarter of 2023.

Mutual funds and safe government bonds: do returns matter?

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Jeudi, avril 25, 2024
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    Voltus to Host Future of Energy Series with NERC and Former FERC Chairman Speakers

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    Mercredi, mars 27, 2024

    This summit will focus on the state of the electric grid and innovative energy solutions to achieve a more affordable, resilient, and decarbonized energy future.

    Key Points: 
    • This summit will focus on the state of the electric grid and innovative energy solutions to achieve a more affordable, resilient, and decarbonized energy future.
    • Sessions include:
      Phil Deutch, the Founder & CEO at NGP Energy Technology Partners, will deliver the keynote speech, looking at top energy transition trends that are impacting commercial, industrial, and DER owner and operator energy users.
    • “We are thrilled to be hosting our third Future of Energy Series event.
    • “In a rapidly evolving energy landscape with changing regulations, it has never been more important that organizations understand how to secure a clean, cost-effective, and reliable energy future.

    Allison Transmission and Yutong Expand Presence in Rwanda

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    Jeudi, mars 21, 2024

    Allison Transmission and Yutong Bus Co., Ltd., a leading bus manufacturer in China, are steadfastly growing their presence in Rwanda.

    Key Points: 
    • Allison Transmission and Yutong Bus Co., Ltd., a leading bus manufacturer in China, are steadfastly growing their presence in Rwanda.
    • Recently, Kigali, Rwanda's capital city, once again upgraded its fleet with city transit buses equipped with Allison Torqmatic® Series transmissions.
    • View the full release here: https://www.businesswire.com/news/home/20240321544931/en/
      The latest delivery of Allison-equipped city buses arrives in the capital of Rwanda, Kigali, where Yutong buses with Allison Torqmatic® Series automatic transmissions have been in operation since 2014.
    • “Our collaboration with Yutong to deliver transit buses to Rwanda is the latest example of Allison’s continued growth in global export markets,” said Heidi Schutte, Vice President of EMEA, APAC and South America Sales, Allison Transmission.

    New Orleans RTA Selects Allison eGen Flex®-Equipped New Flyer Electric Hybrid Buses

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    Mercredi, mars 20, 2024

    Allison Transmission, in partnership with New Flyer, a leading bus manufacturer in North America, is proud to announce the selection of Allison-equipped electric hybrid buses by the New Orleans Regional Transit Authority (RTA).

    Key Points: 
    • Allison Transmission, in partnership with New Flyer, a leading bus manufacturer in North America, is proud to announce the selection of Allison-equipped electric hybrid buses by the New Orleans Regional Transit Authority (RTA).
    • The New Flyer buses equipped with the Allison eGen Flex® electric hybrid propulsion system will provide a more sustainable transportation solution to the city of New Orleans.
    • View the full release here: https://www.businesswire.com/news/home/20240320302331/en/
      In support of the city's emergency preparedness plans, the New Orleans Regional Transit Authority (RTA) selected Allison's eGen Flex® electric hybrid propulsion system, in part, for its dependable rechargeable energy storage capabilities.
    • In addition, the electric hybrid solution allows buses to operate accessories, such as air conditioning and heat, at optimal efficiency with clean and quiet electric power.

    Want an Exciting Career? Edison International Accepting Applications for Lineworker Scholarship Program Designed to Strengthen a Diverse Workforce

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    Jeudi, mars 7, 2024

    Applications for scholarships up to $25,000 are now being accepted for the 2024 Edison International Lineworker Scholarship Program .

    Key Points: 
    • Applications for scholarships up to $25,000 are now being accepted for the 2024 Edison International Lineworker Scholarship Program .
    • Funded by Edison International shareholders and IBEW Local 47, this scholarship is focused on growing Black, Asian Pacific Islander, Native American and female representation in Southern California Edison’s skilled workforce.
    • “The Lineworker Scholarship Program opens the door to a rewarding and enriching career.”
      Launched in 2021, the program has awarded over 35 scholarships and has enhanced representation among the SCE skilled trade workforce.
    • SCE serves one of the country’s most diverse populations and strives to have a workforce that reflects the communities it serves.

    PowerRunner and AVEVA Extend Reseller Agreement, Empowering Utilities with Enhanced Operational Insight through 2027

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    Jeudi, février 29, 2024

    PowerRunner, a leading provider of grid analytics energy optimization software, and AVEVA, a global leader in industrial software, including the AVEVA PI System, have solidified their partnership by extending their reseller agreement through 2027.

    Key Points: 
    • PowerRunner, a leading provider of grid analytics energy optimization software, and AVEVA, a global leader in industrial software, including the AVEVA PI System, have solidified their partnership by extending their reseller agreement through 2027.
    • The extended agreement allows AVEVA to continue reselling the AVEVA PowerRunner on PI System solution, delivering a robust operational data management system operating on millions of sensors, including AMI data, in near real-time.
    • Analyzing assets from transmission to behind-the-meter, the AVEVA PowerRunner on PI System solution equips the utility industry with granular, temporal, and locational situational awareness to navigate the growing complexities of the grid.
    • The PowerRunner and AVEVA Reseller Agreement now extends through 2027 providing utilities with a PI System-based solution that supports the complex and evolving requirements of the bi-directional distribution grid.

    Microgrid Market worth $87.8 billion by 2029 - Exclusive Report by MarketsandMarkets™

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    Vendredi, mars 8, 2024

    These technologies not only bolster grid resilience but also enhance power quality, mitigate environmental footprints, and elevate grid reliability.

    Key Points: 
    • These technologies not only bolster grid resilience but also enhance power quality, mitigate environmental footprints, and elevate grid reliability.
    • The 5 MW to 10 MW power range presents considerable growth opportunities within the microgrid market, owing to its adaptability and cost-effectiveness.
    • Asia Pacific region is likely to be the fastest-growing region in the global microgrid market during the forecast period.
    • This market landscape fosters innovation and propels the expansion of the microgrid sector in the Asia-Pacific region.