Renewable energy commercialization

Hyundai Motor Group Honorary Chairman Mong-Koo Chung Inducted Into Automotive Hall of Fame at Official Ceremony

Retrieved on: 
Friday, July 23, 2021
Hyundai Motor Group, Economy of South Korea, Companies, Hyundai, Hyundai Motor Company, Chung Eui-sun, Chung Ju-yung, Chung Mong-koo

The induction ceremony was attended by Hyundai Motor Group Chairman Euisun Chung, who participated in Honorary Chairman Mong-Koo Chung's place.

Key Points: 
  • The induction ceremony was attended by Hyundai Motor Group Chairman Euisun Chung, who participated in Honorary Chairman Mong-Koo Chung's place.
  • "Honorary Chairman Chung grew Hyundai Motor group into the world's fifth largest automaker from its humble beginning.
  • According to the Automotive Hall of Fame, Hyundai Motor Group's success owes much to Honorary Chairman Chung, and his legacy is on par with other legends of the industry who have launched and guided automotive firms to global growth and renown.
  • Mong-Koo Chung, Honorary Chairman of Hyundai Motor Group, championed the development of the Korean economy and the automotive industry while also growing Hyundai Motor Group into one of the top five automotive groups globally achieved in an historically short period of time for the sector.

Michael Baker International Names Robert Hans, P.E., Cincinnati Office Manager

Retrieved on: 
Thursday, July 22, 2021
Cincinnati, Underground Railroad, WSP USA, Baker, Ohio, Geography of the United States, United States

CINCINNATI, July 22, 2021 /PRNewswire/ -- Michael Baker International , a global leader in engineering, planning and consulting services, announced today that Robert Hans P.E., has joined the firm as Office Manager for the newly opened Cincinnati, Ohio, location.

Key Points: 
  • CINCINNATI, July 22, 2021 /PRNewswire/ -- Michael Baker International , a global leader in engineering, planning and consulting services, announced today that Robert Hans P.E., has joined the firm as Office Manager for the newly opened Cincinnati, Ohio, location.
  • "With the opening of our fourth office in Ohio, we are continuing our commitment to growth in the Great Lakes Region and servicing the area's expanding infrastructure needs," said Kent Zinn, Great Lakes Regional Director at Michael Baker International.
  • Mr. Hans joins Michael Baker from WSP USA, where he served as Assistant Vice President, Cincinnati and Lexington Office Business Leader, overseeing contracts, project staffing, financial performance and project schedules for the two offices.
  • Michael Baker International is a leading provider of engineering and consulting services.

$819.5 Million Worldwide Cooling Tower Rental Industry to 2027 - Impact of COVID-19 on the Market

Retrieved on: 
Thursday, July 22, 2021
Actuarial science, Compound annual growth rate, Mathematical finance

DUBLIN, July 22, 2021 /PRNewswire/ -- The "Cooling Tower Rental - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 22, 2021 /PRNewswire/ -- The "Cooling Tower Rental - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Amid the COVID-19 crisis, the global market for Cooling Tower Rental estimated at US$819.5 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 5% over the analysis period 2020-2027.
  • Wet, one of the segments analyzed in the report, is projected to record a 4.7% CAGR and reach US$477.2 Million by the end of the analysis period.
  • The U.S. Market is Estimated at $221.1 Million, While China is Forecast to Grow at 8% CAGR
    The Cooling Tower Rental market in the U.S. is estimated at US$221.1 Million in the year 2020.

Sol Systems Partners with KKR to Scale Impact-Focused Renewable Energy Solutions

Retrieved on: 
Thursday, July 22, 2021
Articles, Kohlberg Kravis Roberts, Energy policy, Renewable energy commercialization, Renewable energy, Infrastructure, Asset management, Sustainability

Washington, DC & New York, July 22, 2021 (GLOBE NEWSWIRE) -- Sol Systems, LLC (Sol Systems or the Company), a leading US renewable energy solutions firm, and KKR, a leading global investment firm, today announced that Sol Systems has received a significant minority investment from KKR to scale the Companys Impact + Infrastructure approach.

Key Points: 
  • Washington, DC & New York, July 22, 2021 (GLOBE NEWSWIRE) -- Sol Systems, LLC (Sol Systems or the Company), a leading US renewable energy solutions firm, and KKR, a leading global investment firm, today announced that Sol Systems has received a significant minority investment from KKR to scale the Companys Impact + Infrastructure approach.
  • Sol Systems and KKR also announced a new strategic partnership in which KKR is committing up to $1 billion to acquire shovel-ready projects, helping fund Sol Systems development of contracted renewable energy and storage assets to meet the growing sustainability needs in North America.
  • Established in 2008, Sol Systems combines renewable energy development, delivery, asset management and environmental commodity management into one unique infrastructure and impact offering.
  • Through this approach, Sol Systems is enabling many of the worlds largest institutional, corporate and municipal partners to invest in and procure renewable energy while making a positive community impact.

LG Pledges Transition To 100 Percent Renewable Energy By 2050

Retrieved on: 
Wednesday, July 21, 2021
Articles, Companies, Home appliances, Renewable energy, LG Corporation, Energy policy, Carbon dioxide, Carbon neutrality, Renewable resource, LG Electronics, Renewable energy commercialization, 100% renewable energy

SEOUL, South Korea, July 21, 2021 /PRNewswire/ -- LG Electronics Inc. made public its commitment to transition completely to renewable energy by 2050 as a key component of its sustainability strategy.

Key Points: 
  • SEOUL, South Korea, July 21, 2021 /PRNewswire/ -- LG Electronics Inc. made public its commitment to transition completely to renewable energy by 2050 as a key component of its sustainability strategy.
  • The transformation will be implemented region by region starting in North America where every office and manufacturing site will be powered by renewable energy within the year.
  • LG manufacturing facilities outside of Korea are on target to convert 50 percent of their electricity needs to renewable energy in the next four years.
  • *
    "Our commitment to creating a better life for all can best be actualized by LG transition to renewable energy and achieving carbon neutrality," said Park Pyung-gu, senior vice president at LG Electronics Safety & Environment Division.

Recurrent Energy Completes the Sale of 328 MWp of Solar Projects in Texas

Retrieved on: 
Wednesday, July 21, 2021
Canadian Solar, Renewable energy in Canada, Companies

GUELPH, ON, July 21, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent Energy"), completed the sale of the Maplewood 1 and Maplewood 2 solar projects to a leading U.S. annuity and life insurance company.

Key Points: 
  • GUELPH, ON, July 21, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent Energy"), completed the sale of the Maplewood 1 and Maplewood 2 solar projects to a leading U.S. annuity and life insurance company.
  • Both projects are located in Pecos County, Texas, near the towns of Fort Stockton and McCamey, and have a combined capacity of 328 MWp or 250 MWac.
  • Recurrent Energy is a leading utility-scale solar and storage project developer, delivering competitive, clean electricity to large energy buyers.
  • Recurrent Energy has approximately 5 GW of solar and storage projects in development in the U.S. Additional details are available at www.recurrentenergy.com .

SDSol Technologies Enables AllSola's Revolutionary Green Solar Power to Bring Electricity to Rural Africa

Retrieved on: 
Tuesday, July 20, 2021
Articles, Renewable energy technology, Sustainable development, Renewable energy commercialization, Renewable energy in developing countries, Renewable energy policy, Smart grid

With SDSol as their technology partner, AllSola is now able to offer efficient and cost-effective solar products and services to people in need of electricity.

Key Points: 
  • With SDSol as their technology partner, AllSola is now able to offer efficient and cost-effective solar products and services to people in need of electricity.
  • AllSola is the flagship brand of leading Kenya-based solar company Kenya Green Supply.
  • AllSola is committed to providing fast, efficient and cost-effective solar products and services that are sustainable and energy-friendly for the off-grid market.
  • The AllSola internet connectivity and computing platform is intended for people living in rural and underprivileged areas in Africa.

Bloomberg Expands Access to Community Solar Project to 4,800 Eligible Employees

Retrieved on: 
Thursday, July 15, 2021
Articles, Energy, Renewable energy, Energy conversion, Climate change mitigation, Emissions reduction, Sustainable energy, Renewable energy commercialization, Renewable energy debate

Through Common Energy's Clean Energy Benefit Program, Bloomberg employees based in the city can enroll to support new, local community solar projects.

Key Points: 
  • Through Common Energy's Clean Energy Benefit Program, Bloomberg employees based in the city can enroll to support new, local community solar projects.
  • Community solar projects generate clean energy that flows to the power grid, thereby decreasing the use of fossil fuels and lowering emissions in the community.
  • "By giving our employees the option to support community solar projects everyone wins," said Beth Mazzeo, Chief Administrative Officer at Bloomberg.
  • Bloomberg and Common Energy initially started to partner in October 2019 making community solar projects available to over 260 employees at the time.

Volt Energy Announces Innovative Environmental Justice Power Purchase Agreement with Microsoft

Retrieved on: 
Wednesday, July 14, 2021
Articles, Energy, Renewable energy, Sustainable development, Bright green environmentalism, Low-carbon economy, Technological change, Solar power, Army Energy Initiatives Task Force, Renewable energy commercialization

WASHINGTON, July 14, 2021 /PRNewswire/ --Volt Energy LLC ( www.volt-energy.com ), a national minority-owned solar energy development firm, today announced its first environmental justice and renewable energy initiative with Microsoft.

Key Points: 
  • WASHINGTON, July 14, 2021 /PRNewswire/ --Volt Energy LLC ( www.volt-energy.com ), a national minority-owned solar energy development firm, today announced its first environmental justice and renewable energy initiative with Microsoft.
  • Volt Energy will supply Microsoft with 250 megawatts (MW) of utility-scale solar energy, which supports Microsoft's goal to have 100 percent renewable energy supply for all its operations by 2025.
  • In addition, Volt Energy and Microsoft will invest a portion of the revenue from the Power Purchase Agreement in community impact funding initiatives, which will support programs that bring the benefits of renewable energy closer to communities that have not been significantly included in the wave of clean energy initiatives undertaken by the private and public sectors.
  • This initiative represents Microsoft's first utility-scale solar power purchase agreement with an African American energy solar development firm.

Rapidan Founder and President Bob McNally Welcomes Energy Transition Veteran Jeff Berman to Spearhead Rapidan's Energy Transition Analysis

Retrieved on: 
Wednesday, July 14, 2021
Energy, Articles, Energy policy, Energy economics, Renewable energy commercialization, Bob McNally, Energy transition, Energy industry

WASHINGTON, July 14, 2021 /PRNewswire/ -- Statement from Bob McNally, Founder and President of Rapidan Energy Group:

Key Points: 
  • WASHINGTON, July 14, 2021 /PRNewswire/ -- Statement from Bob McNally, Founder and President of Rapidan Energy Group:
    "I am delighted to announce that Jeff Berman will join Rapidan Energy Group in early August in the role of Director of Energy Transition Analysis.
  • With Jeff's contribution, Rapidan will deepen and expand its coverage of energy transition policies across all facets of the energy sector."
  • In this new role, Jeff will bolster Rapidan's ability to provide energy investors and traders with objective and astute insight into the policy drivers behind the global energy transition.
  • Further, Jeff will spearhead Rapidan's coverage of the policy and fundamental drivers of carbon markets, low-carbon energy, and energy transition investment at the state, national, and international levels.