Renewable energy commercialization

Renewable Energy Meets Grid Resiliency: How Digital Twin Technology Enhances Power Generation and Transmission

Retrieved on: 
Tuesday, July 25, 2023

Renewable Energy and Digital Twin Technology: Enhancing Power Generation and Grid Resiliency

Key Points: 
  • Renewable Energy and Digital Twin Technology: Enhancing Power Generation and Grid Resiliency
    To achieve global emission reduction targets, renewable energy must account for a substantial portion of energy consumption.
  • While the global power generation sector is transitioning towards renewable sources to curb greenhouse gas emissions, the intermittent nature of renewable energy poses challenges for conventional power plants and grid stability.
  • Digital twin technology emerges as a promising solution by improving the flexibility of conventional power generation, predicting renewable power generation, and enhancing grid resiliency.
  • These case studies showcase real-world applications and demonstrate how digital twin technology can optimize power generation and enhance grid operations.

Nikola Announces Key Leadership Changes to Strengthen Commercial and Energy Initiatives

Retrieved on: 
Tuesday, August 30, 2022

PHOENIX, Aug. 30, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced two leadership changes that will help advance the Company's commercial and energy efforts.

Key Points: 
  • PHOENIX, Aug. 30, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced two leadership changes that will help advance the Company's commercial and energy efforts.
  • Pablo Koziner, current President, Energy & Commercial, has been named President, Commercial, and Carey Mendes, current Global Head, Energy Finance, has been named President, Energy.
  • Mendes, Nikola's Global Head, Energy Finance since October 2021, brings more than 20 years of operational expertise and experience in the energy and renewables space.
  • These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.

UL Solutions Selected by RWE Renewables As Certification Partner for the Offshore Wind Farm F.E.W. BALTIC II

Retrieved on: 
Monday, August 29, 2022

NORTHBROOK, Ill., Aug. 29, 2022 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, has been chosen by RWE Offshore Wind Poland to initialize the first steps for a project certification of 350 MW wind farm F.E.W. BALTIC II in the Polish Baltic Sea. RWE Offshore Wind Poland, a 100% subsidiary of RWE Renewables, one of the world's leading companies for renewable energy, and UL Solutions, one of the world's top testing, inspection and certification providers for renewable energy, are partnering on this project that will bring more renewable energy to Poland.

Key Points: 
  • NORTHBROOK, Ill., Aug. 29, 2022 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, has been chosen by RWE Offshore Wind Poland to initialize the first steps for a project certification of 350 MW wind farm F.E.W.
  • RWE Offshore Wind Poland, a 100% subsidiary of RWE Renewables, one of the world's leading companies for renewable energy, and UL Solutions, one of the world's top testing, inspection and certification providers for renewable energy, are partnering on this project that will bring more renewable energy to Poland.
  • Baltic II wind farm at RWE Renewables.
  • We are excited to extend our reach in the offshore wind sector and work with UL Solutions to help make that happen."

UL Solutions Selected by RWE Renewables As Certification Partner for the Offshore Wind Farm F.E.W. BALTIC II

Retrieved on: 
Wednesday, August 24, 2022

NORTHBROOK, Ill., Aug. 24, 2022 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, has been chosen by RWE Offshore Wind Poland to initialize the first steps for a project certification of 350 MW wind farm F.E.W. BALTIC II in the Polish Baltic Sea. RWE Offshore Wind Poland, a 100% subsidiary of RWE Renewables, one of the world's leading companies for renewable energy, and UL Solutions, one of the world's top testing, inspection and certification providers for renewable energy, are partnering on this project that will bring more renewable energy to Poland.

Key Points: 
  • NORTHBROOK, Ill., Aug. 24, 2022 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, has been chosen by RWE Offshore Wind Poland to initialize the first steps for a project certification of 350 MW wind farm F.E.W.
  • RWE Offshore Wind Poland, a 100% subsidiary of RWE Renewables, one of the world's leading companies for renewable energy, and UL Solutions, one of the world's top testing, inspection and certification providers for renewable energy, are partnering on this project that will bring more renewable energy to Poland.
  • Baltic II wind farm at RWE Renewables.
  • We are excited to extend our reach in the offshore wind sector and work with UL Solutions to help make that happen."

USA Truck Selects Nikola & Thompson Truck Centers

Retrieved on: 
Wednesday, January 5, 2022

NASHVILLE, Tenn., Jan. 5, 2022 /PRNewswire/ -- USA Truck Inc. (Nasdaq: USAK) has entered into a Letter of Intent (LOI) for an initial purchase of 10 Nikola Tre BEV trucks from Thompson Truck Centers , a member of the Nikola Corporation (Nasdaq: NKLA) salesand service dealer network.

Key Points: 
  • NASHVILLE, Tenn., Jan. 5, 2022 /PRNewswire/ -- USA Truck Inc. (Nasdaq: USAK) has entered into a Letter of Intent (LOI) for an initial purchase of 10 Nikola Tre BEV trucks from Thompson Truck Centers , a member of the Nikola Corporation (Nasdaq: NKLA) salesand service dealer network.
  • The LOI between USA Truck Inc. and Thompson Truck Centers is a "fleet-as-a-service" model where Thompson will provide sales, service, maintenance, and energy infrastructure required to operate the Nikola Tre BEV trucks, expected to be delivered in the first half of 2022.
  • "We are excited to partner with USA Truck and our dealer, Thompson, in delivering a comprehensive heavy-duty truck solution using zero-emissions electric drive battery-powered technology," says Nikola President, Energy & Commercial, Pablo Koziner.
  • "USA Truck is committed to advancing a more sustainable and efficient approach to transportation, and we are excited to integrate our Nikola Tre BEVs in their operations with market-leading support by Thompson."

Rolwind is at the forefront of renewables with 5GW managed across nearly 300 projects

Retrieved on: 
Wednesday, August 4, 2021

During the past 15 years, Rolwind has taken part in more than 210 wind farms, and 60 photovoltaic plants.

Key Points: 
  • During the past 15 years, Rolwind has taken part in more than 210 wind farms, and 60 photovoltaic plants.
  • Rolwind has managed and developed a total of 5 GW of power, both nationally and internationally.
  • Rolwind brings valuable know-how to the European green revolution through its experience, agreements with major multinational companies, and projects in the various fields of renewable energies.
  • For Rolwind, the key to unlocking decarbonisation targets lies in incorporating multiple sources of renewables: wind, photovoltaic, green hydrogen, storage and charging points for electric vehicles.

CETY Finalizes Agreement on $15M Renewable Energy Facility in Ashfield Mass.

Retrieved on: 
Tuesday, August 3, 2021

The Ashfield facility will convert approximately 10,000 tons per year of clean woody feedstock into an estimated 16,500 MWh electricity/year.

Key Points: 
  • The Ashfield facility will convert approximately 10,000 tons per year of clean woody feedstock into an estimated 16,500 MWh electricity/year.
  • This renewable energy project will be operated from within the newly formed company and will be funded through the special purpose vehicle Ashfield Renewable Ag Development, LLC.
  • Within the agreement, the parties have agreed that CETY will hold all rights to Power Purchase Agreement Revenues, feedstock, site control, and approved grid.
  • CETY designs, produces, and markets clean energy products & solutions focused on energy efficiency and renewable energy.

How New Energy Resources Affect the Global Economy

Retrieved on: 
Saturday, July 31, 2021

Still, with these benefits in mind Dr. Joe Nyangon , a global energy economist and expert on clean energy technology, warns that if the transition to these new energy resources is not handled properly, power systems and costs could be adversely affected, putting the worlds energy landscape in a worse place than it is now.

Key Points: 
  • Still, with these benefits in mind Dr. Joe Nyangon , a global energy economist and expert on clean energy technology, warns that if the transition to these new energy resources is not handled properly, power systems and costs could be adversely affected, putting the worlds energy landscape in a worse place than it is now.
  • Decentralized renewable energy generation refers to energy sources that can be produced closer to the site of consumption, such as solar panels.
  • As a powerful confluence of architectural, technological, and socio-economic forces transform the U.S. electricity market, similar changes are being seen in global energy.
  • For a more-in-depth look into the future of global energy, listen to the Electrifying AI podcast.

Energy Focus to Report Second Quarter 2021 Earnings Results on August 12

Retrieved on: 
Monday, August 2, 2021

Energy Focus will hold a conference call that day at 11 a.m.

Key Points: 
  • Energy Focus will hold a conference call that day at 11 a.m.
  • Financial information presented on the call, including the earnings press release, will be available on the investors section of Energy Focus website, investors.energyfocus.com .
  • Energy Focus is an industry-leading innovator of sustainable LED lighting and lighting control technologies and solutions, as well as UV-C Disinfection technologies and solutions.
  • Energy Focus customers include U.S. and foreign navies, U.S. federal, state and local governments, healthcare and educational institutions, as well as Fortune 500 companies.

Pacifico Energy Commences Construction on 121 MW Utility Scale Solar Power Plant in Sanda, Hyogo Prefecture, Japan

Retrieved on: 
Monday, August 2, 2021

(Head Office: Minato, Tokyo; Representative Director: Hiroki Matsuo) is pleased to announce the commencement of construction of a 121 MW(DC) solar power generation plant (the "Plant") in Sanda, Hyogo Prefecture from August 2021.

Key Points: 
  • (Head Office: Minato, Tokyo; Representative Director: Hiroki Matsuo) is pleased to announce the commencement of construction of a 121 MW(DC) solar power generation plant (the "Plant") in Sanda, Hyogo Prefecture from August 2021.
  • This project was mainly financed by MUFG Bank, Ltd. and Mitsubishi HC Capital Inc. with Baker McKenzie acting as legal counsel to Pacifico Energy.
  • Pacifico Energy has now commenced construction on fifteenth (15) solar power plants throughout Japan (including the Plant) totaling 1,293 MW(DC), eleven (11) of which (totaling 930 MW(DC)) have been completed and are now in commercial operation.
  • Leveraging the know-how and expertise accumulated and refined through extensive experience with development, construction and asset management of utility-scale solar power plants, Pacifico Energy will continue to develop, construct, and operate renewable energy power plants to promote a low-carbon society.