Energy storage

PGE bolsters reliability of clean energy transition with region's largest battery storage addition

Retrieved on: 
Friday, April 28, 2023

PORTLAND, Ore., April 28, 2023 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today announced the procurement of 400 megawatts (MWAC) of new battery storage projects – a critical tool in Oregon's clean energy transition and the largest single procurement of standalone energy storage to date by a utility in the U.S. outside the state of California. These projects, located at substations close to electrical demand, will store enough electricity to power all PGE customer homes in a city the size of Portland for an entire evening on battery-delivered energy alone.

Key Points: 
  • PGE will purchase the output from a subsidiary of NextEra Energy Resources through a 20-year Storage Capacity Agreement.
  • "Battery storage is an important component of the clean energy economy.
  • As PGE integrates more intermittent clean energy resources, like wind and solar plants, battery storage systems provide consistency, facilitating the reduction of greenhouse gas emissions and making progress toward Oregon's 2030 clean energy target.
  • "The Troutdale battery storage project, in addition to the Wheatridge Renewable Energy Facilities , the first utility-scale energy facilities in North America to co-locate wind, solar and battery storage, really demonstrate the tremendous results that great collaboration can achieve."

SinglePoint Inc. Announces Strategic Transactions and Corporate Actions Simplifying Operations to Continue Consolidating and Expanding Energy-Centric Businesses

Retrieved on: 
Thursday, April 20, 2023

PHOENIX, April 20, 2023 /PRNewswire/ -- SinglePoint Inc. (OTCQB: SING or "the Company") announces strategic transactions to simplify and focus operations to increase revenue and achieve subsidiary level cash flow. The strategy will promote building upon the recently reported FY2022 increase in revenue to $21.8 Million versus $808,000 in FY2021. The Company will be selective, focusing on accretive opportunities to further expand its Solar Renewable Energy, Energy Storage for residential and small commercial customers and its Commercial Energy Services as it streamlines and consolidates energy- centric business units to prepare for operations after uplisting.

Key Points: 
  • Solar+ Battery Storage market in the US is set for multi-year growth due to the provisions in the IRA.
  • Board of Director and Shareholder approval of the proposed spinoff to SinglePoint shareholders of ShieldSaver, as a new separate public company.
  • SinglePoint originally acquired ShieldSaver in 2018 as a disruptive auto repair and service technology platform that was positioned to leverage blockchain initiatives for data collection.
  • In addition, we are also promoting Chad Miles from EVP Operations to our Chief Operating Officer at SinglePoint.

Military Electro-Optics/Infrared (EO/IR) Systems Market worth $9.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, April 12, 2023

The growth of land segment can be attributed to the increasing need of advanced handheld system for soldiers which drives the market.

Key Points: 
  • The growth of land segment can be attributed to the increasing need of advanced handheld system for soldiers which drives the market.
  • Based on Product type, the handheld system segment is projected to grow at the highest CAGR during the forecast period.
  • Handheld system is projected to grow at the highest CAGR in the Military electro-optics & infrared (EO/IR) market.
  • The Asia Pacific region is expected to lead the Military Electro-Optics/Infrared (EO/IR) Systems Market in 2023.

Military Electro-Optics/Infrared (EO/IR) Systems Market worth $9.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, April 12, 2023

The growth of land segment can be attributed to the increasing need of advanced handheld system for soldiers which drives the market.

Key Points: 
  • The growth of land segment can be attributed to the increasing need of advanced handheld system for soldiers which drives the market.
  • Based on Product type, the handheld system segment is projected to grow at the highest CAGR during the forecast period.
  • Handheld system is projected to grow at the highest CAGR in the Military electro-optics & infrared (EO/IR) market.
  • The Asia Pacific region is expected to lead the Military Electro-Optics/Infrared (EO/IR) Systems Market in 2023.

TÜV Rheinland North America completes the foundation of its new Technology and Innovation Center

Retrieved on: 
Wednesday, April 12, 2023

BOXBOROUGH, Mass., April 12, 2023 /PRNewswire/ -- TÜV Rheinland North America completes the structural foundation of its new Technology and Innovation Center (TIC), located in the Boston area.

Key Points: 
  • BOXBOROUGH, Mass., April 12, 2023 /PRNewswire/ -- TÜV Rheinland North America completes the structural foundation of its new Technology and Innovation Center (TIC), located in the Boston area.
  • As leaders in the sector, TÜV Rheinland has a firm conviction that being pioneers that will allow us to shape the future of a world that is safer and more sustainable place," said Michael Cronin, Vice President of Sales at TÜV Rheinland North America.
  • As construction proceeds we will share additional information on the benefits to our customers, employees, and technical professionals available through the Technology and Innovation Center.
  • Click here to learn more about our Technology and Innovation Center.

Clean Energy Technologies Enters into a Master Service Agreement with RPG Energy Group

Retrieved on: 
Wednesday, March 29, 2023

COSTA MESA, CA., March 29, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq CETY) (the “Company”), a clean energy manufacturing and services company, offering recyclable energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia today announced that it entered into a Master Service Agreement with RPG Energy Group for development of onsite applications which utilize technologies to create electricity, applicable hydrogen production, and promote decarbonization. CETY will support RPG Energy’s Fortune 500 customer with locations in Europe, the Middle East, Asia, the U.S., and Mexico. The initial sites are in Germany, the Czech Republic, Poland, the UK, and the U.S., specifically in the states of Tennessee, Ohio, Iowa, Kansas, Michigan, and Mississippi.

Key Points: 
  • --- CETY Will Develop Onsite Applications to Create Electricity, Hydrogen, and Promote Decarbonization
    COSTA MESA, CA., March 29, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq CETY ) (the “Company”), a clean energy manufacturing and services company, offering recyclable energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia today announced that it entered into a Master Service Agreement with RPG Energy Group for development of onsite applications which utilize technologies to create electricity, applicable hydrogen production, and promote decarbonization.
  • CETY will support RPG Energy’s Fortune 500 customer with locations in Europe, the Middle East, Asia, the U.S., and Mexico.
  • CETY and RPG Energy have been conducting global site assessments over the last 12 months to collect and analyze data in order to identify energy efficiencies and improvements.
  • We are excited to begin our work with RPG Energy.

EnerVenue Opening Gigafactory in Shelby County, Kentucky to Scale Production of its Differentiated Energy Storage Solutions

Retrieved on: 
Tuesday, March 28, 2023

The 73-acre site will become the company’s state-of-the-art manufacturing plant for its Energy Storage Vessels™ .

Key Points: 
  • The 73-acre site will become the company’s state-of-the-art manufacturing plant for its Energy Storage Vessels™ .
  • “Locating EnerVenue’s gigafactory in Kentucky is a win for the commonwealth,” said Governor Andy Beshear.
  • The state of Kentucky also offered EnerVenue more than $10.3 million in tax incentives for the first phase of the company’s ramp.
  • “As customer interest in EnerVenue’s storage technology soars, we’re excited to significantly scale battery production with our new state-of-the-art gigafactory in Shelby County,” said Jorg Heinemann, CEO, EnerVenue.

Global Lithium-ion Battery Binders Market Report 2023: Sector to Reach $3.7 Billion by 2027 at a CAGR of 18.7%

Retrieved on: 
Thursday, March 23, 2023

The lithium-ion battery binders market is projected to grow from USD 1.6 billion in 2022 to USD 3.7 billion by 2027, at a CAGR of 18.7% from 2022 to 2027.

Key Points: 
  • The lithium-ion battery binders market is projected to grow from USD 1.6 billion in 2022 to USD 3.7 billion by 2027, at a CAGR of 18.7% from 2022 to 2027.
  • All these characteristics of lithium iron phosphate battery is expected to enhance its usage in electric components, enhancing the market for lithium-ion battery binders.
  • The industrial segment of the lithium-ion battery binders market by end-use is expected to account for the largest market share during the forecast period.
  • Asia Pacific accounts for the largest market share for the lithium-ion battery binders market during the forecast period.

Global Green Ammonia Market to Reach $17.9 Billion by 2030: Enforcement of Regulatory Policies and Provision of Incentives to Reduce GHG Emissions Drives Growth: Research and Markets

Retrieved on: 
Tuesday, March 21, 2023

The green ammonia market is estimated to grow from USD 0.3 billion in 2023 to USD 17.9 billion by 2030, at a CAGR of 72.9% during the forecast period.

Key Points: 
  • The green ammonia market is estimated to grow from USD 0.3 billion in 2023 to USD 17.9 billion by 2030, at a CAGR of 72.9% during the forecast period.
  • The primary drivers of the market include the rising demand for combined heat and power plants for small-scale applications.
  • The green ammonia market, by application, is bifurcated into power generation, transportation and industrial feedstocks.
  • The industrial feedstocks segment is expected to be the largest market, followed by power generation during the forecast period.

Clean energy leaders to gather in Manila this May at The Future Energy Show Philippines and Solar Show Philippines

Retrieved on: 
Tuesday, March 21, 2023

MANILA, Mar 21, 2023 - (ACN Newswire) - After a triumphant return in 2022, the 9th edition of The Future Energy Show Philippines and Solar Show Philippines will take place in Manila this 15-16 May 2023.

Key Points: 
  • MANILA, Mar 21, 2023 - (ACN Newswire) - After a triumphant return in 2022, the 9th edition of The Future Energy Show Philippines and Solar Show Philippines will take place in Manila this 15-16 May 2023.
  • Firmly established as the largest and most significant event for the sector in the Philippines, the 2023 edition will be bigger and better than ever before.
  • The Future Energy Show Philippines & Solar Show Philippines will convene 150+ exhibitors at SMX Convention Center Manila, offering attendees the chance to evaluate solutions from leading energy players such as Jinko Solar, Trina Solar, Longi, Sungrow, CHINT Electric Global, Enphase Energy, Growatt, CSI Technology, Alpha ESS, Ginlong, and Mibet Energy, and many more.
  • More than 150 speakers from across the Philippines and beyond will be sharing their insights and ideas on the latest developments in renewable energy and smart energy solutions.