Renewable energy economy

Nuvve, Stonepeak, and Evolve Finalize "Levo" Joint Venture Providing up to $750 Million in Funding to Electrify Fleets

Retrieved on: 
Wednesday, August 4, 2021
Video games, Energy, Creative works, Electric vehicles, Energy storage, Renewable energy economy, Sustainable energy, Vehicle-to-grid, Levo, Evolve

Levo is a sustainable infrastructure joint venture focused on rapidly advancing the electrification of transportation by funding V2G-enabled electric vehicle (EV) fleet deployments.

Key Points: 
  • Levo is a sustainable infrastructure joint venture focused on rapidly advancing the electrification of transportation by funding V2G-enabled electric vehicle (EV) fleet deployments.
  • Stonepeak and Evolve plan to deploy up to an aggregate $750 million capital commitment to Levo, with a maximum of $75 million of such capital commitment being funded by Evolve.
  • Evolve CFO, Chuck Ward, commented, "We are excited to complete the formation of Levo with Nuvve and Stonepeak, the indirect owner of the general partner of Evolve.
  • All statements, other than statements of present or historical fact, included in this press release are forward-looking statements.

Nuvve and Stonepeak Finalize "Levo" Joint Venture Providing up to $750 Million in Funding to Electrify Fleets

Retrieved on: 
Wednesday, August 4, 2021
Energy, Articles, Electric vehicles, Energy storage, Renewable energy economy, Sustainable energy, Vehicle-to-grid, Electric power transmission systems, Electric vehicle, Electrical grid, Levo

By enabling EVs to serve as "storage on wheels," Nuvve helps integrate renewables and stabilize the grid.

Key Points: 
  • By enabling EVs to serve as "storage on wheels," Nuvve helps integrate renewables and stabilize the grid.
  • Nuvve CEO & Chairman, Gregory Poilasne, commented, "We are pleased to complete the formation of Levo with our partners Stonepeakand Evolve.
  • Stonepeak and Evolve plan to deploy up to an aggregate $750 million capital commitment to Levo.
  • Nuvve Holding Corp. (Nasdaq: NVVE) (Nuvve) is accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) technology.

National Energy "NE" Announces Completion and Full Energization of its First Greenfield 24MWp Solar Project in Greece

Retrieved on: 
Friday, July 30, 2021
Energy, Energy conversion, Sustainable energy, Articles, Solar energy, Renewable energy policy, Renewable energy economy, Renewable energy law

ATHENS, Greece, July 30, 2021 /PRNewswire/ -- National Energy (NE) is pleased to announce the successful completion andfull energization of its first greenfield construction solar energy installation in Greece.

Key Points: 
  • ATHENS, Greece, July 30, 2021 /PRNewswire/ -- National Energy (NE) is pleased to announce the successful completion andfull energization of its first greenfield construction solar energy installation in Greece.
  • The 24.08MWp ground-mounted solar energy installation is comprised of five (5) PV projects in Central Greece in the regions of Viotia and Fthiotida.
  • All projects have secured a 20-year fixed tariff, awarded via the auction conducted by the Greek Regulatory Authority of Energy (RAE) in July 2019.
  • Performance across the five solar projects has been positive and, on average, all sites have been producing above initial forecasted expectations.

Berry Global Surpasses Goal to Eliminate 100 Million Kilowatt Hours of Electricity, Reducing Carbon Emissions by 45,000 Metric Tons

Retrieved on: 
Wednesday, July 28, 2021
Packaging, Engineering, Utilities, Environment, Manufacturing, Alternative energy, Energy, Energy, Articles, Electric power, Kilowatt-hour, Renewable energy economy, Renewable energy law, Renewable energy policy

Today, Berry Global Group, Inc. (NYSE: BERY) announced the approval of projects that will help the Company achieve its new milestone goal to eliminate 100 million kilowatt hours (kWh) of electricity from its operations.

Key Points: 
  • Today, Berry Global Group, Inc. (NYSE: BERY) announced the approval of projects that will help the Company achieve its new milestone goal to eliminate 100 million kilowatt hours (kWh) of electricity from its operations.
  • Berry surpassed its initial target to eliminate 1 million kWh from the Companys operations in 2020 and is leveraging that success to reach its 100 million kWh goal.
  • Through the sharing of best practices, Berry team members collaborated across 324 energy saving projects to achieve record energy reduction.
  • These reductions in energy directly reduce Berrys scope 1 and 2 emissions, which inherently reduce customers scope 3 emissions.

£7.8 trillion: the cost of decarbonising global governments, says new research from StateUp

Retrieved on: 
Tuesday, July 27, 2021
Articles, Resource economics, Low-carbon economy, Renewable energy economy, Procurement

To address the climate crisis, governments must also focus on decarbonising their own organisations and operations, the research argues.

Key Points: 
  • To address the climate crisis, governments must also focus on decarbonising their own organisations and operations, the research argues.
  • Governments around the world have a tremendous opportunity to be changemakers, including through their 7.8 trillion procurement purchasing power.
  • Our research shows how digital innovation can make a substantive contribution to decarbonisation and outlines policy actions and partners needed to support it."
  • The companies identified were sourced from Nebula, the public-purpose technology intelligence platform from international insights and advisory firm StateUp.

Schneider Electric Earns Top Project of the Year Award from Environment + Energy Leader for Supply Chain Initiative

Retrieved on: 
Friday, July 23, 2021
Articles, Energy, Resource economics, Low-carbon economy, Renewable energy economy, Renewable energy

One Environment + Energy Leader Awards judge said of the GPPA Program: "I wish I could give a higher score on this project as it is a gamechanger in the world of renewable energy."

Key Points: 
  • One Environment + Energy Leader Awards judge said of the GPPA Program: "I wish I could give a higher score on this project as it is a gamechanger in the world of renewable energy."
  • This award is an acknowledgement of how businesses can work together to increase access to supply chain decarbonization solutions at scale."
  • To learn more about Schneider's supply chain decarbonization service, visit https://perspectives.se.com/supply-chain-decarbonization .To learn moreabout the company's renewable energy advisory services, visit www.se.com/ess .
  • For nearly a decade, the Environment + Energy Leader Awards have celebrated excellence in the world of environmental, sustainability and energy management.

Shoals Technologies Group, Inc. Announces Changes to its Board of Directors

Retrieved on: 
Monday, July 19, 2021
Articles, Energy, Renewable energy economy, Bright green environmentalism, Low-carbon economy, Renewable energy, Renewable energy technology, Technological change

The Board of Directors would like to thank Mr. Lee and Mr. Cannova for their contribution to Shoals and wish them well in their future endeavors.

Key Points: 
  • The Board of Directors would like to thank Mr. Lee and Mr. Cannova for their contribution to Shoals and wish them well in their future endeavors.
  • Shoals and the Board are currently evaluating alternatives with respect to appointing a new independent director to fill a current vacancy.
  • Shoals Technologies Group, Inc. is a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle charging infrastructure.
  • Shoals Technologies Group, Inc. is a recognized leader in the renewable energy industry whose solutions are deployed on over 20 GW of solar systems globally.

RMI and Microsoft Show How Corporations Can Accelerate a Cleaner Grid

Retrieved on: 
Wednesday, July 14, 2021
Articles, Energy, Resource economics, Energy economics, Climate change policy, Low-carbon economy, Renewable energy economy, Electric power distribution, Climate change mitigation, Electrical grid

And the urgency for climate action has prompted leading firms to consider strategies like hourly load-matching to help accelerate the move to a carbon-free electricity grid.

Key Points: 
  • And the urgency for climate action has prompted leading firms to consider strategies like hourly load-matching to help accelerate the move to a carbon-free electricity grid.
  • The global non-profit's research finds that hourly load-matching strategies can help lay the groundwork for a decarbonized grid in the long term.
  • However, these strategies should be carefully tailored to region-specific grid dynamics to also maximize emissions reductions over the next decade.
  • RMI concludes that with more advanced procurement strategies, corporate procurement can play a key role in decarbonization of the grid as a whole.

ArcelorMittal Sestao to become the world’s first full-scale zero carbon-emissions1 steel plant

Retrieved on: 
Tuesday, July 13, 2021
Articles, Sustainable technologies, Energy, Resource economics, Energy economics, Emerging technologies, Low-carbon economy, Renewable energy economy, Hydrogen vehicle, ArcelorMittal

Harnessing green hydrogen and renewable electricity, the Sestao plant will achieve zero carbon-emissions

Key Points: 
  • Harnessing green hydrogen and renewable electricity, the Sestao plant will achieve zero carbon-emissions
    ArcelorMittal today announces that its Sestao plant in Spain will become the worlds first full-scale zero carbon-emissions steel plant.
  • In addition to the investments in the DRI and EAF installations in Gijn, ArcelorMittal will invest 50 million in Sestao.
  • The ability of the Sestao plant to become the worlds first zero carbon-emissions steel plant would not be possible without the support and partnership of the Spanish government.
  • This, together with the green DRI and hydrogen feeding the burners, will result in the Sestao plant achieving zero carbon-emissions.

Brookfield Renewable and Trane® Agree to Jointly Pursue Distributed Generation and Energy Efficiency Opportunities Across North America

Retrieved on: 
Thursday, July 8, 2021
Articles, Energy, Resource economics, La Crosse, Wisconsin, Trane, Renewable energy economy, Renewable energy, Low-carbon economy, Energy development

The agreement leverages Brookfield Renewables leading U.S. distributed generation business and Tranes leading energy efficiency and technical, engineering, construction and project development experience to jointly develop and implement new customer opportunities.

Key Points: 
  • The agreement leverages Brookfield Renewables leading U.S. distributed generation business and Tranes leading energy efficiency and technical, engineering, construction and project development experience to jointly develop and implement new customer opportunities.
  • The innovative decarbonization solutions provided will help customers meet sustainability targets and reduce operating costs through upgrading critical energy infrastructure and installing onsite renewable energy.
  • We look forward to working together with Trane to deliver leading decarbonization solutions to customers across North America.
  • Trane by Trane Technologies (NYSE: TT), a global climate innovator creates comfortable, energy efficient indoor environments for commercial and residential applications.