San Diego Gas & Electric

AYPA POWER SECURES $550 MILLION PORTFOLIO FINANCING FOR BORDEN COUNTY AND CALD BATTERY STORAGE PROJECTS

Retrieved on: 
Wednesday, November 8, 2023

This portfolio financing supports both the Cald project, a 100 MW / 400 MWh standalone battery storage project in urban Los Angeles, California which secured a long-term tolling agreement with San Diego Gas & Electric, and the Borden County project, a 150 MW / 300 MWh battery storage project in Texas.

Key Points: 
  • This portfolio financing supports both the Cald project, a 100 MW / 400 MWh standalone battery storage project in urban Los Angeles, California which secured a long-term tolling agreement with San Diego Gas & Electric, and the Borden County project, a 150 MW / 300 MWh battery storage project in Texas.
  • Our financial partners are confident in Aypa Power's ability to deliver impactful energy solutions benefitting both the grid and Aypa's customers.
  • "It is our pleasure to partner with Aypa as the tax equity investor," said U.S. Bancorp Impact Finance Senior Vice President Adam Altenhofen.
  • "Our financing helps facilitate the energy transition and it's exciting to consider the potential impact of these projects in California and Texas."

Restaurants Encouraged to Apply for $5,000 Grant through California Restaurant Foundation's Resilience Fund, Made Possible by SoCalGas

Retrieved on: 
Thursday, October 26, 2023

LOS ANGELES, Oct. 26, 2023 /PRNewswire/ -- Beginning today, independent restaurants can apply for a $5,000 grant from the California Restaurant Foundation's (CRF)  Restaurants Care® Resilience Fund. Earlier this year, Southern California Gas Co. (SoCalGas) donated $1 million to the Resilience Fund, bringing it to $2.1 million—the largest fund to date since the program's inception in 2021. Grants will be awarded to 182 California restaurants, including 88 in SoCalGas' service area, and funds may be used for technology adoption, equipment upgrades, employee onboarding and retention, or unforeseen hardships.

Key Points: 
  • Earlier this year, Southern California Gas Co. (SoCalGas) donated $1 million to the Resilience Fund, bringing it to $2.1 million—the largest fund to date since the program's inception in 2021.
  • Grants will be awarded to 182 California restaurants, including 88 in SoCalGas' service area, and funds may be used for technology adoption, equipment upgrades, employee onboarding and retention, or unforeseen hardships.
  • "For the third consecutive year, SoCalGas is supporting the California Restaurant Foundation's Restaurants Care Resilience Fund to provide grants to independent restaurants.
  • Since its inception, the Resilience Fund has awarded over 1,100 grants to independently owned restaurants across California.

Ampacimon Raises $10.6 Million USD in Series C Funding Led by Junction Growth Investors to Accelerate Grid Modernization in the U.S.

Retrieved on: 
Tuesday, October 17, 2023

The round is led by Junction Growth Investors and includes follow-on participation from longstanding investors Korys, Noshaq, Creos, and Gesval.

Key Points: 
  • The round is led by Junction Growth Investors and includes follow-on participation from longstanding investors Korys, Noshaq, Creos, and Gesval.
  • Pieter-Jan Mermans, managing director at Junction Growth Investors, joins Ampacimon’s Board of Directors.
  • “These solutions are critical to grid modernization and to the broad implementation of renewables.
  • “We’re on a mission to accelerate the transition toward a lower emissions world through state-of-the-art grid optimization solutions.

Technosylva Acquires Atmospheric Data Solutions as part of Wildfire Public Safety Initiative

Retrieved on: 
Wednesday, October 11, 2023

Technosylva, the leading provider of wildfire mitigation technology solutions, today announced the acquisition of Atmospheric Data Solutions (ADS).

Key Points: 
  • Technosylva, the leading provider of wildfire mitigation technology solutions, today announced the acquisition of Atmospheric Data Solutions (ADS).
  • The acquisition comes as Technosylva launches a wider 'wildfire public safety initiative' to help prevent the destructive and increasingly common occurrence of wildfires in multiple geographies including the United States.
  • ADS is a leading provider of advanced atmospheric data and analytics solutions to U.S. and European utilities, government agencies, and businesses.
  • “We are confident that our atmospheric data and analytics capabilities will be a valuable addition to Technosylva’s leading wildfire science and technology.

Registrations Underway for Future-Focused Utility and Technology Boot Camp at Upcoming Building Industry Show

Retrieved on: 
Wednesday, October 11, 2023

Anticipation is mounting for the upcoming Building Industry Show ––SoCal’s largest trade show for the building industry––according to The Building Industry Association of Southern California (BIASC).

Key Points: 
  • Anticipation is mounting for the upcoming Building Industry Show ––SoCal’s largest trade show for the building industry––according to The Building Industry Association of Southern California (BIASC).
  • View the full release here: https://www.businesswire.com/news/home/20231011554940/en/
    Anticipation is mounting for the Building Industry Association of Southern California's (BIASC) upcoming Building Industry Show––SoCal’s largest trade show for the building industry.
  • (Photo: Business Wire)
    “The Utility and Technology Boot Camp is one of the Show’s most anticipated segments because it centers on the future,” said Craig Foster , Chief Operating Officer/Executive Vice President for BIASC.
  • The Utility and Technology Boot Camp takes place on Thursday, October 26 from 7:30 a.m. to 8:45 a.m. at the Marriott Marquis San Diego.

PG&E Launches Microgrid Incentive Program with $79 Million in Project Funding

Retrieved on: 
Wednesday, October 11, 2023

OAKLAND, Calif., Oct. 11, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today announced the launch of its Microgrid Incentive Program (MIP) and handbook, providing funding, expertise and guidance for building community, local and tribal government-proposed multi-customer microgrids.

Key Points: 
  • The MIP is a new, statewide $200 million competitive grant program which will fund clean-energy community microgrids in disadvantaged and vulnerable communities.
  • The California Public Utilities Commission authorized and approved the new program, allocating $79.2 million in project funding for PG&E, $83.3 million for Southern California Edison, and $17.5 million for San Diego Gas and Electric.
  • Projects selected under the MIP can receive up to $15 million in award funding each for the design and development of a multi-customer, front-of-the-meter community microgrid.
  • The Redwood Coast Airport Microgrid is the first fully renewable, multi-customer microgrid deployed in PG&E's service area.

SDG&E PIONEERS VIRTUAL POWER PLANT TO HELP EASE STRAIN ON THE POWER GRID DURING EXTREME HEAT

Retrieved on: 
Monday, August 28, 2023

SAN DIEGO, Aug. 28, 2023 /PRNewswire/ -- As extreme heat records fall across the West and strain the power grid, San Diego Gas & Electric is piloting a new cleantech innovation known as a virtual power plant (a VPP) to reduce energy demand and put electricity back on the grid during peak hours – all through leveraging the capabilities of customer-owned smart thermostats, rooftop solar, energy storage and other connected resources such as water pumps.

Key Points: 
  • (Download project photos via this Dropbox link: VPP )
    Unlike a traditional power plant, a virtual power plant does not rely on a physical facility to generate electricity for the grid to distribute to homes and businesses.
  • Software programs run VPPs in concert with grid operations to dispatch communications signals to devices in the VPP network to either power down or discharge electricity from existing resources back to the grid.
  • "The beauty of a virtual power plant is it can leverage existing resources to provide significant grid reliability benefits – with zero incremental emissions," said SDG&E Chief Commercial Officer Miguel Romero.
  • In August, as temperatures soared, SDG&E deployed its VPP pilot three times to support the grid during peak demand periods.

OhmConnect and Sense Expand Partnership to Increase Adoption of Demand Response Amongst New York and California Residents

Retrieved on: 
Tuesday, July 11, 2023

OAKLAND, Calif., July 11, 2023 /PRNewswire/ -- Today, OhmConnect and Sense announced the expansion of their innovative partnership, incorporating OhmConnect's Fuse platform with Sense's real-time, device-level insights. This integration will create a Virtual Power Plant (VPP) enabling customers to earn rewards for reducing their home electricity use when the grid is stressed. By seamlessly merging the strengths of each technology, consumers will have a unified, approachable experience and empower them to take control of their energy use.

Key Points: 
  • The combined insights from Sense and OhmConnect will allow these customers to take meaningful actions and maximize rewards.
  • This expanded partnership builds upon Sense and OhmConnect's successful 2021 pilot test of the value of real-time energy data and messaging for OhmConnect customers in California.
  • The pilot demonstrated such data helped users save 160% more during critical times of grid constraint, compared to OhmConnect participants without real-time information from Sense.
  • When introduced to OhmConnect, Sense users joined the VPP at a rate of 125% greater than non-Sense users, increasing enrollment in New York by over 100%.

Meritage Homes Appoints Dennis V. Arriola to Its Board of Directors

Retrieved on: 
Wednesday, June 14, 2023

SCOTTSDALE, Ariz., June 14, 2023 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Dennis V. Arriola as an independent director to its Board of Directors, as part of its board refreshment process.

Key Points: 
  • SCOTTSDALE, Ariz., June 14, 2023 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Dennis V. Arriola as an independent director to its Board of Directors, as part of its board refreshment process.
  • The Board plans to consider Mr. Arriola for appointment to one or more board committees over the course of the next several regularly scheduled board meetings.
  • Mr. Arriola currently serves as an Operating Partner at Sandbrook Capital, a private equity firm focused on transforming energy infrastructure investments.
  • “We are pleased to welcome Dennis to our Board,” said Steven J. Hilton, executive chairman of Meritage Homes.

Mullen Announces Development of Light-Weight EV Truck Body with Phenix Truck Bodies & Van Equipment of Southern California

Retrieved on: 
Monday, June 12, 2023

BREA, Calif., June 12, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today development of a light-weight truck body for its Class 3 EV with Phenix Truck Bodies & Van Equipment (“Phenix”). Phenix will develop a unique, light-weight body configuration designed to satisfy the needs of Class 3 service body truck fleets, with the goal of offering an EV alternative to ICE vehicles. Upon upfit completion, the Class 3 vehicle will be made available to Phenix commercial fleet customers for evaluation and pilot programs.

Key Points: 
  • (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today development of a light-weight truck body for its Class 3 EV with Phenix Truck Bodies & Van Equipment (“Phenix”).
  • Phenix will develop a unique, light-weight body configuration designed to satisfy the needs of Class 3 service body truck fleets, with the goal of offering an EV alternative to ICE vehicles.
  • Upon upfit completion, the Class 3 vehicle will be made available to Phenix commercial fleet customers for evaluation and pilot programs.
  • Phenix Truck Bodies & Van Equipment, based in Southern California, is one of California's largest work truck, van equipment and specialty truck body manufacturers.