Repowering

Greenbacker delivers 2023 results

Retrieved on: 
Thursday, April 4, 2024
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NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC (“Greenbacker,” “GREC,” or the “Company”), an independent power producer and a leading climate-focused investment manager, has announced financial results1 for 2023, including annual revenue and year-over-year growth in operating capacity and clean energy generation. During the year, the Company’s investment management business segment, Greenbacker Capital Management (“GCM”) also announced the launch of its fourth sustainability driven investment strategy, focused on Energy Transition Real Estate.

Key Points: 
  • Greenbacker launched a new strategy focused on Energy Transition Real Estate via the Company’s investment management segment, Greenbacker Capital Management (“GCM”).
  • Greenbacker continued to deliver on impact metrics, including carbon abatement, water conservation, and green jobs.
  • NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC (“Greenbacker,” “GREC,” or the “Company”), an independent power producer and a leading climate-focused investment manager, has announced financial results1 for 2023, including annual revenue and year-over-year growth in operating capacity and clean energy generation.
  • Two of these projects entered commercial operation in late 2023, with the third reaching that milestone in February 2024.

EDP & Rondo Energy partner to decarbonize industrial heat production

Retrieved on: 
Thursday, March 7, 2024
EDP, Particulates, Power purchase agreement, Sulfur oxide, Distributed generation, SCG, Temperature, Repowering, Siam Cement Group, PPA, Heat, Food, Electron capture, Climate change, SME, CO2, Electricity, CHP, NOx, Wind, Partnership, Renewable energy

ALAMEDA, Calif., March 7, 2024 /PRNewswire/ -- EDP, a global energy company and world leader in renewable energy, has established a partnership with Rondo Energy to open a new market: the supply of clean industrial heat, at a large-scale and with an affordable cost, powered by wind and sun. 

Key Points: 
  • Rondo Heat Batteries capture intermittent electric power and convert this into continuous high-temperature heat, with an option to also deliver continuous power through a combined heat and power (CHP) configuration.
  • Rondo is a leading provider of zero-carbon industrial heat and power, making deep industrial decarbonization both possible and profitable.
  • Rondo Heat Batteries are proven at scale to enable low-cost heat and electricity for customers, all from intermittent renewable electricity.
  • By working with Rondo, we can meet their energy needs for renewable energy and heat in a cleaner, affordable, and reliable way.

EDP & Rondo Energy partner to decarbonize industrial heat production

Retrieved on: 
Thursday, March 7, 2024
EDP, Particulates, Power purchase agreement, Sulfur oxide, Distributed generation, SCG, Temperature, Repowering, Siam Cement Group, PPA, Heat, Food, Electron capture, Climate change, SME, CO2, Electricity, CHP, NOx, Wind, Partnership, Renewable energy

ALAMEDA, Calif., March 7, 2024 /PRNewswire/ -- EDP, a global energy company and world leader in renewable energy, has established a partnership with Rondo Energy to open a new market: the supply of clean industrial heat, at a large-scale and with an affordable cost, powered by wind and sun. 

Key Points: 
  • Rondo Heat Batteries capture intermittent electric power and convert this into continuous high-temperature heat, with an option to also deliver continuous power through a combined heat and power (CHP) configuration.
  • Rondo is a leading provider of zero-carbon industrial heat and power, making deep industrial decarbonization both possible and profitable.
  • Rondo Heat Batteries are proven at scale to enable low-cost heat and electricity for customers, all from intermittent renewable electricity.
  • By working with Rondo, we can meet their energy needs for renewable energy and heat in a cleaner, affordable, and reliable way.

FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2023 Results

Retrieved on: 
Tuesday, December 19, 2023
Carbon, Hydrogen, Marketing, Government, SOEC, Treasury, B cell, Food, Repowering, National Nuclear Laboratory, Electrolysis, Transport, North West England, Automation, FuelCell Energy, Economics, Electricity, Capacity, Housatonic River, Artificial intelligence, Trinity College, Adjustment, Foundation models, ExxonMobil, Settlement, Overalls, Plastic, Idaho National Laboratory, IBM, Joint, United States Treasury security, INL, Welding, KFC, Carbon capture, Appendix, EDF Energy, Insurance, Engineering, Electrode, Natural gas, Gasoline, Sale, Research, Heat, Intelligence, Temperature, Water, Southern California Edison, Posco Energy, Longevity, CNL, Investment, CO2, Renewable energy

DANBURY, Conn., Dec. 19, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results for its fourth quarter and fiscal year ended October 31, 2023.

Key Points: 
  • Operating expenses for the fourth quarter of fiscal 2023 increased to $34.9 million from $27.5 million in the fourth quarter of fiscal 2022.
  • Research and development expenses increased to $18.0 million during the fourth quarter of fiscal 2023 compared to $12.2 million in the fourth quarter of fiscal 2022.
  • Net loss was $29.5 million in fourth quarter of fiscal 2023, compared to net loss of $42.0 million in the fourth quarter of fiscal 2022.
  • Adjusted EBITDA totaled $(30.8) million in the fourth quarter of fiscal 2023, compared to Adjusted EBITDA of $(36.1) million in the fourth quarter of fiscal 2022.

Berlin based company NeXtWind grows faster than planned and doubles its portfolio by acquiring ten wind farms

Retrieved on: 
Tuesday, December 19, 2023
Repowering, Wind, Acquisition, Farm, CO2, Climate change, Electricity, Renewable energy

BERLIN, Dec. 19, 2023 /PRNewswire/ -- NeXtWind has announced the acquisition of ten wind farms from Qualitas Energy Deutschland, one of the largest renewable energy developers in Germany, with a total of over 60 wind turbines in Brandenburg, Lower Saxony, North Rhine-Westphalia, Rhineland-Palatinate, Saarland, Saxony and Saxony-Anhalt. The two companies have agreed not to disclose the purchase price.

Key Points: 
  • "The major transaction with Qualitas Energy is a real game changer for our young company," says Co-CEO Lars Meyer.
  • Werner Süss, also Co-CEO of NeXtWind, adds: "Our path is clearly focused on building a green, independent energy supplier in Germany.
  • Repowering established wind energy sites is the starting point for us to generate green and base load-capable energy.
  • In the long-term, the wind farms in our portfolio are suitable for combination with photovoltaic systems and batteries for intermediate storage."

Leclanché Provides a Business Update for 2023

Retrieved on: 
Monday, December 25, 2023
CPKC, Water, Cobalt, History, Caledonian Maritime Assets, Toxicity, Lafarge, PFAS, Repowering, Cadell Training Centre, CMAL, Safety, Socofer, 6R, Transport, Development, Grimaldi Group, Industrial, Canadian Pacific Railway, Electric battery, Rail transport, Recycling, Brittany Ferries, Mediterranean Sea

YVERDON-LES-BAINS, Switzerland, 23rd December 2023 – Leclanché SA (SIX: LECN) a global leader in energy storage solutions, announces a comprehensive overview of key accomplishments in the year 2023.

Key Points: 
  • YVERDON-LES-BAINS, Switzerland, 23rd December 2023 – Leclanché SA (SIX: LECN) a global leader in energy storage solutions, announces a comprehensive overview of key accomplishments in the year 2023.
  • Leclanché has achieved groundbreaking advancements in the production of G/NMCA cells, delivering up to 20% more energy density while reducing cobalt content to just 5%.
  • In addition, at the SOLUTRANS 2023 Expo in Lyon, Leclanché presented the new Fortius-145, a high-energy battery system for trucks and commercial vehicles.
  • Pierre Blanc, CEO of Leclanché SA, Chief Technology & Industrial Officer of Leclanché e-Mobility SA, commented on the achievements: "2023 has been a transformative year for Leclanché as we continue to redefine the future of energy storage.

bp boosts renewable energy production and efficiency with technology upgrades at Indiana wind farm

Retrieved on: 
Monday, November 20, 2023
Carbon, NYSE, Ocean Renewable Power Company, Hydrogen, Fowler Ridge Wind Farm, BP, Wind, Fowler, Farm, Vestas, Electricity, Repowering, Renewable energy, Natural gas, Aquaculture

The new technology produces power more efficiently at lower wind speeds, creating more electricity from available wind resource.

Key Points: 
  • The new technology produces power more efficiently at lower wind speeds, creating more electricity from available wind resource.
  • "This project is a substantial upgrade for the wind farm and another investment in bp's low-carbon energy future," said Orlando Alvarez, chairman and president, bp America.
  • bp operates nine onshore wind farms across six states and owns an interest in a tenth wind asset in Hawaii.
  • Together, bp's US wind farms generate enough renewable electricity to potentially power more than 540,000 homes a year.

dynaCERT Creates a Green Freight Program Task Force to Provide Financial Assistance to Clients That Purchase Its HydraGEN™ Technology

Retrieved on: 
Tuesday, September 5, 2023
Software, Hardware, Mining, Minerals, Data Management, Public Transport, Technology, Natural Resources, Trucking, Maritime, Transport, Automotive Manufacturing, Logistics, Supply Chain Management, Manufacturing, Repowering, Natural Resources Canada, Government, Organization, GHG, Investment, Rail transport

The Green Freight Program of the Government of Canada was launched to provide financial assistance to fleets looking to implement new technologies that provide lower GHG emissions.

Key Points: 
  • The Green Freight Program of the Government of Canada was launched to provide financial assistance to fleets looking to implement new technologies that provide lower GHG emissions.
  • Stream 2 of the Green Freight Program provides support for innovative actions including engine repowers, switching to cleaner fuels, and fleet transportation improvements.
  • Stream 2 of the Green Freight Program builds on the progress of Stream 1 of the Green Freight Program, which supports investments in fleet-wide energy assessments and retrofits, including for truck and trailer equipment.
  • For information regarding the Canadian Government Green Freight Program, please see:

Now Accepting Project Applications: Green Freight Program Stream 2

Retrieved on: 
Friday, August 18, 2023
Rivers State Ministry of Energy and Natural Resources, Repowering, Government, Climate change, Investment, Natural Resources, Government of Canada, Federation, Transport, Environment, News, Renewable energy

That is why today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, opened a call for project applications for Stream 2 https://natural-resources.canada.ca/node/25263 of the Green Freight Program.

Key Points: 
  • That is why today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, opened a call for project applications for Stream 2 https://natural-resources.canada.ca/node/25263 of the Green Freight Program.
  • This stream will provide support for innovative actions including engine repowers, switching to cleaner fuels, and fleet transportation improvements.
  • Today's call builds on the progress of Stream 1 of the Green Freight Program, which supports investments in fleet-wide energy assessments and retrofits, including for truck and trailer equipment.
  • The Green Freight Program is one of our many actions toward reducing pollution on our roads and building a cleaner transportation system that benefits all Canadians."

Now Accepting Project Applications: Green Freight Program Stream 2

Retrieved on: 
Thursday, August 17, 2023
Repowering, Local government in Canada, Rivers State Ministry of Energy and Natural Resources, Federation, Nord Stream 2, Transport, Climate change, Environment, Natural Resources, Investment, News, Government, Renewable energy

That is why today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, opened a call for project applications for Stream 2 of the Green Freight Program.

Key Points: 
  • That is why today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, opened a call for project applications for Stream 2 of the Green Freight Program.
  • Today's call builds on the progress of Stream 1 of the Green Freight Program, which supports investments in fleet-wide energy assessments and retrofits, including for truck and trailer equipment.
  • In the transportation sector, which accounts for one-quarter of Canada's emissions, the Government of Canada is continuing to help businesses reduce their emissions — including through the Green Freight Program.
  • The Green Freight Program is one of our many actions toward reducing pollution on our roads and building a cleaner transportation system that benefits all Canadians."