Power purchase agreement

Batteries for Solar Energy Storage Market Forecast to 2028 - Global Analysis By Battery Type, Application, and Connectivity - Decline in Prices of Lithium-Ion Batteries - ResearchAndMarkets.com

Retrieved on: 
Friday, September 23, 2022

The batteries for solar energy storage market size is projected to reach US$ 9,478.56 million by 2028 from US$ 3,149.45 million in 2022.

Key Points: 
  • The batteries for solar energy storage market size is projected to reach US$ 9,478.56 million by 2028 from US$ 3,149.45 million in 2022.
  • Thus, such upcoming investment prospects, along with an increasing number of solar energy projects, are augmenting the growth of batteries for solar energy storage market size over the forecast period.
  • The adoption of batteries for solar energy storage among commercial, residential, and industrial sector drives the growth of the batteries for solar energy storage market.
  • Thus, such investments in the solar power industry and battery systems are driving the batteries for solar energy storage market dynamics over the projected timeframe.

Athersys Amends Securities Purchase Agreement in Connection with Recent Registered Direct Offering

Retrieved on: 
Friday, September 23, 2022

As Athersys continues to pursue licensing and other business development opportunities for our proprietary technology this amendment can help facilitate future transactions with financial and strategic investors.

Key Points: 
  • As Athersys continues to pursue licensing and other business development opportunities for our proprietary technology this amendment can help facilitate future transactions with financial and strategic investors.
  • MultiStem therapys potential for multidimensional therapeutic impact distinguishes it from traditional biopharmaceutical therapies focused on a single mechanism of benefit.
  • Athersys has forged strategic partnerships and a broad network of collaborations to further advance MultiStem cell therapy toward commercialization.
  • This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties.

Takeda Signs Virtual Power Purchase Agreement with Enel North America to Advance Renewable Energy Production in the United States

Retrieved on: 
Monday, September 19, 2022

Through the agreement, Takeda will purchase approximately 350,000 MWh of electricity from Enel annually, equivalent to the electricity needed to power around 30,000 U.S. homes each year.

Key Points: 
  • Through the agreement, Takeda will purchase approximately 350,000 MWh of electricity from Enel annually, equivalent to the electricity needed to power around 30,000 U.S. homes each year.
  • Its clear that businesses must play a leading role in driving decarbonization in the U.S., said Paolo Romanacci, head of Enel North Americas renewable energy business, Enel Green Power.
  • Corporate sustainability requires impactful clean energy investments, said Hannah Badrei, Ph.D., vice president of energy supply advisory, Edison Energy.
  • Enel North America serves over 4,500 businesses, utilities, and cities through renewable power generation, demand response, distributed energy resources, smart e-mobility solutions and services, energy trading, advisory and consulting services, and more.

New Solar Array and Battery Storage Complex at CMC Spring Valley the Largest of its Kind in the State

Retrieved on: 
Thursday, September 15, 2022

Colorados largest solar array and battery storage facility of its kind was the focus on Wednesday of a public ribbon-cutting celebration at Colorado Mountain College (CMC) Spring Valley at Glenwood Springs.

Key Points: 
  • Colorados largest solar array and battery storage facility of its kind was the focus on Wednesday of a public ribbon-cutting celebration at Colorado Mountain College (CMC) Spring Valley at Glenwood Springs.
  • View the full release here: https://www.businesswire.com/news/home/20220915006088/en/
    Under a Power Purchase Agreement (PPA) Ameresco, Colorado Mountain College and Holy Cross Energy partnered to install 5MW of solar PV and 15MWH battery energy storage.
  • Here in the rural West, we have long understood we are stronger when we work together, said CMC President and CEO Carrie Besnette Hauser.
  • The complex also includes five megawatts of battery storage, which can be discharged during times of peak-demand for HCE.

A Market Leader Expands With Innovative CBD Gummy Line

Retrieved on: 
Thursday, September 15, 2022

NEW YORK, Sept. 15, 2022 /PRNewswire/ -- NuLeaf Naturals, one of America's top pioneering cannabinoid companies, has launched a new CBD gummies line. Desperate for a good night's rest, more consumers are turning to CBD and CBN gummies for their sleep issues, especially as natural wellness trends have increased since the pandemic. Various cannabinoid products are available from the well-known industry developer and manufacturer of organic cannabinoid products in the form of oils (for humans and animals) and herbal capsules. To meet the growing consumer demand, cannabis companies Hempshire Group (TSXV:HMPG) (OTCPK:HMPSF), HEXO Corp (TSX:HEXO) (NASDAQ:HEXO), Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), Tilray Brands Inc (TSX:TLRY) (NASDAQ:TLRY), and Aurora Cannabis (NASDAQ:ACB) (TSX:ACB) are also expanding their CBD products line.

Key Points: 
  • NEW YORK, Sept. 15, 2022 /PRNewswire/ -- NuLeaf Naturals, one of America's top pioneering cannabinoid companies, has launched a new CBD gummies line.
  • "Penetrating the US$261 billion tobacco products market in Europe is one of our top priorities."
  • The business created by Hoist and Hempshire U.S. union is well-positioned to dominate the market for tobacco- and nicotine-free smoking alternatives.
  • On August 15, Martha Stewart CBD's line of CBD gummies unveiled a new flavour - Pumpkin Spice CBD Wellness Gummies.

A Market Leader Expands With Innovative CBD Gummy Line

Retrieved on: 
Thursday, September 15, 2022

NEW YORK, Sept. 15, 2022 /PRNewswire/ -- NuLeaf Naturals, one of America's top pioneering cannabinoid companies, has launched a new CBD gummies line. Desperate for a good night's rest, more consumers are turning to CBD and CBN gummies for their sleep issues, especially as natural wellness trends have increased since the pandemic. Various cannabinoid products are available from the well-known industry developer and manufacturer of organic cannabinoid products in the form of oils (for humans and animals) and herbal capsules. To meet the growing consumer demand, cannabis companies Hempshire Group (TSXV:HMPG) (OTCPK:HMPSF), HEXO Corp (TSX:HEXO) (NASDAQ:HEXO), Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), Tilray Brands Inc (TSX:TLRY) (NASDAQ:TLRY), and Aurora Cannabis (NASDAQ:ACB) (TSX:ACB) are also expanding their CBD products line.

Key Points: 
  • NEW YORK, Sept. 15, 2022 /PRNewswire/ -- NuLeaf Naturals, one of America's top pioneering cannabinoid companies, has launched a new CBD gummies line.
  • "Penetrating the US$261 billion tobacco products market in Europe is one of our top priorities."
  • The business created by Hoist and Hempshire U.S. union is well-positioned to dominate the market for tobacco- and nicotine-free smoking alternatives.
  • On August 15, Martha Stewart CBD's line of CBD gummies unveiled a new flavour - Pumpkin Spice CBD Wellness Gummies.

Comprehensive Power Purchase Agreement Online Workshop is Now Open for Registration

Retrieved on: 
Monday, September 12, 2022

Singapore, Sept 12, 2022 - (ACN Newswire) - Infocus International Group, a global business intelligence provider of strategic information and professional services, has set the new dates for Power Purchase Agreement (PPA) online workshop and commenced live on 30th August 2022 and 16th January 2023.

Key Points: 
  • Singapore, Sept 12, 2022 - (ACN Newswire) - Infocus International Group, a global business intelligence provider of strategic information and professional services, has set the new dates for Power Purchase Agreement (PPA) online workshop and commenced live on 30th August 2022 and 16th January 2023.
  • There are many moving pieces affecting the future of electric power development in emerging markets.
  • Economies throughout developing countries urgently need to master the key tools, models, and lessons learned for transforming and strengthening today's electricity sector.
  • These include the latest models in negotiating PPAs, in designing and managing new competitive power markets, as well as attracting the right mix of renewable energy sources.

MMTEC, Inc. Announces Half Year 2022 Unaudited Financial Results

Retrieved on: 
Friday, September 9, 2022

Selling and marketing costs increased by $790,027, or 813.24%, to $887,173 for the six months ended June 30, 2022 from $97,146 for the same period last year.

Key Points: 
  • Selling and marketing costs increased by $790,027, or 813.24%, to $887,173 for the six months ended June 30, 2022 from $97,146 for the same period last year.
  • For the six months ended June 30, 2022, professional fees primarily consisted of audit fees, legal service fees, financial consulting fees and other fees associated with being a public company.
  • For the six months ended June 30, 2022 and 2021, other general and administrative expenses were $943,867 and $671,500, respectively.
  • As of June 30, 2022, the Company had cash of $7,023,053, compared to $11,206,220 as of December 31, 2021.

SWITCH Power acquires operating rooftop solar project in Ontario

Retrieved on: 
Friday, September 9, 2022

CALGARY, Alberta, Sept. 09, 2022 (GLOBE NEWSWIRE) -- SWITCH Power Corporation (SWITCH or the Company) is pleased to announce that its wholly owned subsidiary, SWITCH Power Ontario Solar Operating Corporation (SPOSOC), has entered into an asset purchase agreement with a vendor to acquire an operational rooftop solar project (the Project) in Vaughan, Ontario.

Key Points: 
  • CALGARY, Alberta, Sept. 09, 2022 (GLOBE NEWSWIRE) -- SWITCH Power Corporation (SWITCH or the Company) is pleased to announce that its wholly owned subsidiary, SWITCH Power Ontario Solar Operating Corporation (SPOSOC), has entered into an asset purchase agreement with a vendor to acquire an operational rooftop solar project (the Project) in Vaughan, Ontario.
  • Emissions free electricity from the Project is sold under a 20-year fixed price Power Purchase Agreement.
  • This acquisition increases SWITCHs operating and contracted capacity in Ontario to approximately 21 MW.
  • Cash consideration for the Project will be funded through a combination of cash and a secured term loan and royalty agreement between SPOSOC and RE Royalties Ltd.
    SWITCH Power Corporation is an Alberta-based sustainable power developer, asset manager, and independent power producer.

Texas Capital Bancshares, Inc. Announces Continued Execution of Its Strategic Transformation Through the Sale of Its Insurance Premium Finance Business

Retrieved on: 
Tuesday, September 6, 2022

The sale of BankDirect includes its business operations and loan portfolio of approximately $3.1 billion as of June 30, 2022.

Key Points: 
  • The sale of BankDirect includes its business operations and loan portfolio of approximately $3.1 billion as of June 30, 2022.
  • Additionally, given the expected growth in the core business strategy, Texas Capital is reaffirming forward guidance of delivering year-over-year quarterly operating leverage by year-end.
  • Morgan Stanley & Co. LLC and Texas Capital Securities served as financial advisors to Texas Capital.
  • Texas Capital will host a public conference call to discuss the transaction at 9:00 a.m. Central Time today.