Power purchase agreement

Subterra Renewables Awarded TerraScale's Green Snow Project RFP

Retrieved on: 
Thursday, May 18, 2023

TORONTO, May 18, 2023 /PRNewswire-PRWeb/ -- Subterra Renewables, a leading Canadian geothermal developer and engineering firm specializing in distributed heating, cooling and power production utilities, proudly announced its winning bid in TerraScale Inc.'s highly competitive Request for Proposal (RFP) for its Green Snow Project. TerraScale, an award-winning green infrastructure and development firm, selected Subterra based on its advanced technology, extensive expertise, exceptional management team, and strong partnerships.

Key Points: 
  • TerraScale, an award-winning green infrastructure and development firm, selected Subterra based on its advanced technology, extensive expertise, exceptional management team, and strong partnerships.
  • The Green Snow Project , a groundbreaking joint collaboration between TerraScale and its co-development partner, Climate Transition Development Corporation and Global Family, is an ambitious geothermal energy initiative located in Northern Japan.
  • "Subterra is honored to be selected as a key partner for TerraScale's esteemed Green Snow Project in Japan.
  • "The Green Snow project exemplifies the significance of international collaboration in driving innovation, sustainability, and the transition to renewable energy sources.

Pattern Energy Signs Power Purchase Agreements for Largest Wind Project in U.S. History

Retrieved on: 
Monday, May 15, 2023

ALBUQUERQUE, N.M., May 15, 2023 /PRNewswire/ -- Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, announced it has signed long-term Power Purchase Agreements (PPAs) with Shell Energy North America (US), L.P. (Shell Energy) and the Regents of the University of California, for a portion of the power from its 3,500+ MW SunZia Wind project. Construction of SunZia Wind is expected to start later this year and be completed in 2026, when it will start delivering power to western energy markets.

Key Points: 
  • ALBUQUERQUE, N.M., May 15, 2023 /PRNewswire/ -- Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, announced it has signed long-term Power Purchase Agreements (PPAs) with Shell Energy North America (US), L.P. (Shell Energy) and the Regents of the University of California, for a portion of the power from its 3,500+ MW SunZia Wind project.
  • Construction of SunZia Wind is expected to start later this year and be completed in 2026, when it will start delivering power to western energy markets.
  • "This wind contract represents another milestone achievement for the University of California," said David Phillips, Associate Vice President of Capital Programs, Energy and Sustainability.
  • "We welcome these exciting new relationships with Shell Energy and UC Regents on the delivery of New Mexico wind power," said Hunter Armistead, CEO of Pattern Energy.

Solar Power Accelerator AB shows strong Q1 growth - contracts worth of 20,000 MWh and 1.9 MEUR in projected YoY revenue of total 1 TWh and 80 MEUR YoY in scheduled rollout

Retrieved on: 
Wednesday, May 10, 2023

The entire rooftop space is expected to accrue an annual revenue of SEK 20 million (1.8 MEUR) in the first phase only out of total 80 MEUR YoY revenue.

Key Points: 
  • The entire rooftop space is expected to accrue an annual revenue of SEK 20 million (1.8 MEUR) in the first phase only out of total 80 MEUR YoY revenue.
  • Solar Power Accelerator AB ("SPA") is a micro-producer, micro-grid operator and solar as a service provider of surplus electricity from rooftop based solar power.
  • In addition we collaborate with highly reputable construction builders and real estate developers in the region (i.e., sub-electricity sector SE4).
  • Our target is to supply at least 1 TWh and 5% of the demand in solar power in Sweden until 2030.

Power Purchase Agreement Online Course: The Comprehensive Guide to Understanding the Legalities and Practicalities

Retrieved on: 
Friday, May 5, 2023

There are many moving pieces affecting the future of electric power development in emerging market.

Key Points: 
  • There are many moving pieces affecting the future of electric power development in emerging market.
  • 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 Power Purchase Agreements (PPAs), in designing and managing new competitive power markets, as well as attracting the right mix of renewable energy sources.
  • A past participant from Energy Commission Malaysia shared, “The course on PPA has really broadened my understanding of how a bankable PPA should be.

Cogent Communications Closes its Acquisition of the Sprint Wireline Business, Reports First Quarter 2023 Results and Increases its Regular Quarterly Dividend on its Common Stock

Retrieved on: 
Thursday, May 4, 2023

WASHINGTON, May 4, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) ("Cogent") today announced service revenue of $153.6 million for the three months ended March 31, 2023, an increase of 1.1% from the three months ended December 31, 2022 and an increase of 3.0% from the three months ended March 31, 2022. Foreign exchange rates positively impacted service revenue growth from the three months ended December 31, 2022 to the three months ended March 31, 2023 by $1.3 million and negatively impacted service revenue growth from the three months ended March 31, 2022 to the three months ended March 31, 2023 by $1.6 million. On a constant currency basis, service revenue increased by 0.2% from the three months ended December 31, 2022 to the three months ended March 31, 2023 and increased by 4.0% for the three months ended March 31, 2022 to the three months ended March 31, 2023.

Key Points: 
  • The Q2 2023 $0.935 dividend per share represents an annual increase of 6.3% from the dividend per share of $0.880 for Q2 2022.
  • On-net service is provided to customers located in buildings that are physically connected to Cogent's network by Cogent facilities.
  • EBITDA margin, including Sprint acquisition costs, was 36.5% for the three months ended March 31, 2023.
  • EBITDA margin, excluding Sprint acquisition costs, was 36.8% for the three months ended March 31, 2023.

Become a Pro in Renewable Energy Project Finance & Financial Modelling with Infocus International's Masterclass

Retrieved on: 
Thursday, May 4, 2023

Infocus International Group is pleased to announce the start of its highly-anticipated live online course on Renewable Energy Project Finance & Financial Modelling , beginning on 11th September 2023.

Key Points: 
  • Infocus International Group is pleased to announce the start of its highly-anticipated live online course on Renewable Energy Project Finance & Financial Modelling , beginning on 11th September 2023.
  • This comprehensive course is designed to equip professionals in the renewable energy industry with the essential knowledge and skills to effectively navigate the complex world of project finance and financial modelling.
  • This online course covers both the key PF financial modelling requirements and techniques, risk analysis instruments, as well as bankability practices.
  • This programme provides attendees with proven PF modelling techniques and transaction management techniques which will enable attendees to quantitatively assess risks, resolve constraints, and reach project financial closure.

ASLAN Pharmaceuticals Reports First Quarter 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Friday, April 28, 2023

“We have also advanced farudodstat into a Phase 2a, proof-of-concept study in alopecia areata (AA) expected to commence enrollment in the second quarter of 2023.

Key Points: 
  • “We have also advanced farudodstat into a Phase 2a, proof-of-concept study in alopecia areata (AA) expected to commence enrollment in the second quarter of 2023.
  • The trial will recruit around 60 AA patients in the US and enrollment is expected to begin in the second quarter of 2023.
  • Research and development expenses were $14.1 million in the first quarter of 2023 compared to $9.4 million in the first quarter of 2022.
  • General and administrative expenses were $4.0 million in the first quarter of 2023 compared to $2.5 million in the first quarter of 2022.

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."

Electriq Power to Offer Solar+Storage with Zero Up-Front Cost to All San Luis Obispo County Residents in Collaboration with the SLO Climate Coalition 

Retrieved on: 
Thursday, April 27, 2023

Through the program’s SLOCC-vetted Power Purchase Agreement, called the PoweredUp Network, all San Luis Obispo County homeowners, regardless of means, will have access to a turnkey, distributed home energy solution, including smart battery storage.

Key Points: 
  • Through the program’s SLOCC-vetted Power Purchase Agreement, called the PoweredUp Network, all San Luis Obispo County homeowners, regardless of means, will have access to a turnkey, distributed home energy solution, including smart battery storage.
  • “At the SLO Climate Coalition, we are working toward a vibrant, just, and climate-resilient Central Coast through high-impact regional climate solutions,” said Eric Veium, Chair, SLO Climate Coalition.
  • “At Electriq Power, we believe that access to clean, dependable energy should not be limited due to financial constraints.
  • Rather, it should be available to anyone who wants to save money and safeguard their home’s power.”

Skyharbour to Acquire 100% of South Dufferin Uranium Project from Denison Mines in the Athabasca Basin, Saskatchewan

Retrieved on: 
Thursday, April 27, 2023

Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”).

Key Points: 
  • Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”).
  • Skyharbour’s New Uranium Project Portfolio Map:
    Jordan Trimble, President and CEO of Skyharbour Resources, states: “We are very pleased to have reached an agreement with Denison to acquire a 100% interest in South Dufferin, adding to our recently staked properties and to our dominant uranium project portfolio in the Athabasca Basin.
  • With numerous mineralized showings to the north of the Project, exploration efforts at South Dufferin have advanced the project to a discovery-ready state.
  • Skyharbour continues to own the project 100% without any buyback encumbrance on the project.