Électricité de France

Vast Renewables Limited Announces Operational and Financial Results for First Half of Fiscal 2024

Retrieved on: 
Thursday, March 28, 2024
Hydrogen, Smith International, FEED, Bank of Montreal, Electricity, Financial management, General Electric, Solar, VS1, SM1, Électricité de France, CFO, Partnership, CSIRO, Oil Search, ARENA, California Resources Corporation, Aviation, Carbon, Eye, Investment, Convertible, Research and development, Occidental Petroleum, BMO Capital Markets, CSP, Business, Calendar, Government, Engineering, Renewable energy

SYDNEY, Australia, March 28, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast” or the “Company”) (Nasdaq: VSTE), a renewable energy company specializing in concentrated solar thermal power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat today announced operational and financial results for the first half of the Company’s fiscal 2024, comprising the six months ended December 31, 2023.

Key Points: 
  • During the first half of fiscal year 2024, Vast announced several funding commitments from strategic partners.
  • “The support Vast has received from our strategic partners has been very meaningful to the progress of our company, both from a financial as well as operational standpoint,” said Craig Wood, CEO of Vast.
  • During the first half of fiscal year 2024, Vast continued to make progress on its first utility-scale project for power generation, known as VS1, located in Port Augusta in South Australia.
  • As of December 31, 2023, Vast had total diluted common shares outstanding of 29,291,884.

EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Solar+Storage Energy Project

Retrieved on: 
Tuesday, February 27, 2024
Other Energy, Environment, Utilities, Sustainability, Alternative Energy, Energy, EV, EDF Renewables, Project, BESS, PPA, EDF, Électricité de France, SCPPA, Wind, Partnership, Renewable energy

EDF Renewables North America today announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project.

Key Points: 
  • EDF Renewables North America today announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project.
  • Located on federal land in the southern Nevada desert, the Project expects to create approximately 500 jobs during the peak construction phase.
  • EDF Renewables North America is a market leading independent power producer and service provider with 35 years of expertise in renewable energy.
  • EDF Renewables North America is a subsidiary of EDF Renewables, the dedicated renewable energy affiliate of the EDF Group.

Nabors Industries Completes Its Most Impactful Energy Transition Investment to Date

Retrieved on: 
Tuesday, December 19, 2023
Nabors Industries, NETC, CSP, Acquisition, NBR, Hydrocarbon, VS1, Investment, Électricité de France, ARENA, Hydrogen, EUR, Aviation, Automation, Renewable energy

Nabors sponsored NETC as a capital efficient way to pursue significant investment opportunities supporting the energy transition.

Key Points: 
  • Nabors sponsored NETC as a capital efficient way to pursue significant investment opportunities supporting the energy transition.
  • Nabors announced its energy transition strategy in 2021 and has made significant strides towards its goal of delivering "Energy Without Compromise."
  • Anthony Petrello concluded by saying:
    "Our strategy to manage the energy transition is to embrace energy innovation over energy exclusion.
  • "In addition to Vast, and in pursuit of clean, renewable, scalable and dispatchable energy solutions, Nabors has invested in geothermal, alternative energy storage, emissions monitoring, hydrogen and advanced materials."

EDF Renewables North America Establishes Endowment at Doña Ana Community College

Retrieved on: 
Tuesday, December 12, 2023
Other Energy, Utilities, Alternative Energy, Energy, Other Education, Continuing, Training, University, Education, Associate, Doña Ana Community College, Workforce, Completion, DACC, Student, Multimedia, Wind, EDF, Architecture, Community engagement, University Foundation, Électricité de France, Partnership, EDF Renewables, EV, NMSU, Nursing, Renewable energy

EDF Renewables North America has announced a $50,000 contribution towards an endowment in partnership with Doña Ana Community College (DACC) and the New Mexico State University Foundation.

Key Points: 
  • EDF Renewables North America has announced a $50,000 contribution towards an endowment in partnership with Doña Ana Community College (DACC) and the New Mexico State University Foundation.
  • View the full release here: https://www.businesswire.com/news/home/20231212414584/en/
    EDF Renewables presents Doña Ana Community College with a $50,000 contribution to establish an endowment.
  • "Partnering with Doña Ana Community College allows us to give back to the community and support the state's economic growth," said Henry Smith, Community Engagement Manager at EDF Renewables.
  • EDF Renewables North America is a subsidiary of EDF Renewables, the dedicated renewable energy affiliate of the EDF Group.

Deputy Ruler of Abu Dhabi Inaugurates World's Largest Single-Site Solar Power Plant Ahead of COP28

Retrieved on: 
Friday, November 17, 2023
TAQA, Climate change, UN, PJSC, Emirate, Conference, Interior, EDF Renewables, Electricity, Government, Water, Primary energy, Climate, Heart, USD, HE, Électricité de France, Power purchase agreement, Ministry, Ministry of Energy, Investment, Conference of the Parties, HH, Plant, Partnership, Al Dhafra FC, PPA, Economic development, Carbon, Record, Highness, COP28, CO2, AED, Ecology, Solar energy, Nuclear energy, EDF, Republic, Utility, Sunlight, Renewable energy, Management, Masdar

In 2009, Masdar switched on the country's first solar project at 10MW - today, Al Dhafra Solar PV represents a plant that is 200 times that size.

Key Points: 
  • In 2009, Masdar switched on the country's first solar project at 10MW - today, Al Dhafra Solar PV represents a plant that is 200 times that size.
  • This world-leading solar project demonstrates remarkable progress in solar power efficiency, innovation and cost competitiveness - setting a new record-low tariff.
  • Developing the world's largest single-site solar power plant is a milestone achievement that required vision, partnership and a pioneering spirit.
  • The plant will supply power to the procurer EWEC – following the Power Purchase Agreement (PPA) signed in 2020 - and will raise Abu Dhabi's solar power production capacity to 3.2GW.

Deputy Ruler of Abu Dhabi Inaugurates World's Largest Single-Site Solar Power Plant Ahead of COP28

Retrieved on: 
Friday, November 17, 2023
TAQA, Climate change, UN, PJSC, Emirate, Conference, Interior, EDF Renewables, Electricity, Government, Water, Primary energy, Climate, Heart, USD, HE, Électricité de France, Power purchase agreement, Ministry, Ministry of Energy, Investment, Conference of the Parties, HH, Plant, Partnership, Al Dhafra FC, PPA, Economic development, Carbon, Record, Highness, COP28, CO2, AED, Ecology, Solar energy, Nuclear energy, EDF, Republic, Utility, Sunlight, Renewable energy, Management, Masdar

In 2009, Masdar switched on the country's first solar project at 10MW - today, Al Dhafra Solar PV represents a plant that is 200 times that size.

Key Points: 
  • In 2009, Masdar switched on the country's first solar project at 10MW - today, Al Dhafra Solar PV represents a plant that is 200 times that size.
  • This world-leading solar project demonstrates remarkable progress in solar power efficiency, innovation and cost competitiveness - setting a new record-low tariff.
  • Developing the world's largest single-site solar power plant is a milestone achievement that required vision, partnership and a pioneering spirit.
  • The plant will supply power to the procurer EWEC – following the Power Purchase Agreement (PPA) signed in 2020 - and will raise Abu Dhabi's solar power production capacity to 3.2GW.

DIF Capital Partners and EDF Invest to acquire leading Norwegian electric ferry operator Fjord1 from Vision Ridge Partners and Havila Holding

Retrieved on: 
Tuesday, October 31, 2023
Other Transport, Finance, Maritime, Professional Services, Transport, PWC, Carbon, Electricity, Multimedia, Trimaran Capital Partners, Island, Deutsche Bank, Tourism, Ropes & Gray, Rothschild & Co, Jefferies, Électricité de France, Climate change, Renewable energy, Management

DIF Capital Partners (via its DIF Infrastructure VII fund), and EDF Invest (the investment arm of the EDF Group in real assets) have entered into a definitive agreement to acquire Fjord1, the largest owner and operator of ferries in Norway.

Key Points: 
  • DIF Capital Partners (via its DIF Infrastructure VII fund), and EDF Invest (the investment arm of the EDF Group in real assets) have entered into a definitive agreement to acquire Fjord1, the largest owner and operator of ferries in Norway.
  • Vision Ridge and Havila Holding have been investors in Fjord1 since 2019 and 2011, respectively.
  • Operating under long term concessions and with a fleet of 81 vessels, Fjord1 is Norway’s largest ferry operator and the nation’s leading owner and operator of electrified ferry transportation.
  • Rothschild & Co. served as financial advisor, and Ropes & Gray LLP and Schjødt served as legal advisors, to Vision Ridge and Havila Holding.

EDF Renewables North America Signs Agreement with El Paso Electric for Solar+Storage Project

Retrieved on: 
Monday, September 25, 2023
Other Energy, Environment, Utilities, Sustainability, Alternative Energy, Energy, EDF, Industrial revenue bond, EV, Électricité de France, EPE, Rio Grande, Rio, Carbon, EDF Renewables, Marketing, Origination (telephony), Wind, IRB, El Paso Electric, PPA, Renewable energy

“We are very pleased to partner with El Paso Electric and contribute to its commitment to provide responsible, sustainable, and reliable energy to its customers,” said Matthew Beltz, Director, Origination & Power Marketing at EDF Renewables.

Key Points: 
  • “We are very pleased to partner with El Paso Electric and contribute to its commitment to provide responsible, sustainable, and reliable energy to its customers,” said Matthew Beltz, Director, Origination & Power Marketing at EDF Renewables.
  • EDF Renewables, one of the largest renewable developers in North America, is committed to providing solutions to meet our customer’s carbon-reduction goals.
  • EDF Renewables North America is a market leading independent power producer and service provider with 35 years of expertise in renewable energy.
  • EDF Renewables North America is a subsidiary of EDF Renewables, the dedicated renewable energy affiliate of the EDF Group.

2CRSi SA: Exaion and 2CRSi strengthen their collaboration to reduce the carbon impact of digital technology

Retrieved on: 
Saturday, September 16, 2023
Cloud, Graphics processing unit, Partnership, EDF, Électricité de France, Electricity, Central processing unit, Carbon, Newark Transit Hub, Algorithm, Water, Immersion, Artificial intelligence, Regulatory News Service, Growth, GPU, Video game

As the number of data centers is increasing in line with the growth in digital uses, Exaion and 2CRSi reinforce their collaboration to limit the environmental impact of this type of equipment and deploy high-performance and low-carbon servers [1] .

Key Points: 
  • As the number of data centers is increasing in line with the growth in digital uses, Exaion and 2CRSi reinforce their collaboration to limit the environmental impact of this type of equipment and deploy high-performance and low-carbon servers [1] .
  • This system, along with new immersion technologies, is currently integrated into Exaion’s infrastructures, specifically in the EDF Group’s data centers located in Normandy, France.
  • 2CRSi brings all its technological expertise in low-carbon infrastructure, while Exaion contributes its expertise in Cloud services, cybersecurity, and the development of hybrid/Quantum software solutions.
  • Furthermore, we are extremely proud to deploy our solutions in partnership with a leading player like Exaion in EDF's data centers.

Nuclear Electricity Global Market Report 2023: Market to Surpass $370 Billion by 2027 with EDF Group, Exelon, Duke Energy, Enel, & NextEra Energy Dominating - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 3, 2023
Nuclear, Energy, Utilities, AGR, Navy, Électricité de France, World Nuclear Association, Exelon, International Energy Agency, Electricity, Power plant engineering, Enel, Tata Power, Carbon, BWR, Government, II, LWGR, Nuclear energy, Climate change, PWR, Growth, Duke Energy, III, FNR, WNA, NextEra Energy, Renewable energy, Uranium mining

Major players in the nuclear electricity market, including EDF Group, Exelon Corp, Duke Energy Corp, Enel SpA, and NextEra Energy, Inc., are poised to play a pivotal role in driving the market forward.

Key Points: 
  • Major players in the nuclear electricity market, including EDF Group, Exelon Corp, Duke Energy Corp, Enel SpA, and NextEra Energy, Inc., are poised to play a pivotal role in driving the market forward.
  • Asia Pacific emerged as the largest region in the nuclear electricity market in 2022, with Western Europe following as the second-largest region.
  • This positive growth outlook for the global nuclear electricity market highlights the continued importance of nuclear energy in meeting the world's increasing electricity demands while driving towards a sustainable energy future.
  • Furthermore, the global household appliances market is expected to grow to $396 billion by 2022, supporting the demand for electricity and driving the nuclear electricity market going forward.