Primary energy

Vederra Modular - New Modular Factory - Addresses Colorado's Housing Crisis with Affordable, Sustainable Modular Homes

Retrieved on: 
Friday, February 16, 2024

Partnering with the National Renewable Energy Laboratory (NREL) in Golden, Vederra is set to establish an innovative 110,000 sq ft factory dedicated to producing net-zero modular housing.

Key Points: 
  • Partnering with the National Renewable Energy Laboratory (NREL) in Golden, Vederra is set to establish an innovative 110,000 sq ft factory dedicated to producing net-zero modular housing.
  • Vederra is on track to deliver its first modular housing units in the 3rd quarter of 2024.
  • The factory is poised to assist affordable housing organizations and developers in meeting and exceeding Colorado's ambitious energy goals while streamlining modular construction processes.
  • Nathan Peterson, CEO, and Founder of Vederra, a long-time figure in the Colorado modular housing industry, emphasizes the importance of modular housing in addressing the housing shortage while prioritizing sustainability.

Tenet Energy Receives Invitation from U.S. Department of Energy to Submit Part II Application for Electric Vehicle Title 17 Loan

Retrieved on: 
Thursday, February 15, 2024

Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America’s sustainable energy transition, starting with electric vehicles, announced today that the U.S. Department of Energy (“DOE”) has invited the Company to submit the Part II loan application under the DOE Title 17 program for Tenet’s EV Auto Lending project.

Key Points: 
  • Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America’s sustainable energy transition, starting with electric vehicles, announced today that the U.S. Department of Energy (“DOE”) has invited the Company to submit the Part II loan application under the DOE Title 17 program for Tenet’s EV Auto Lending project.
  • “This progress lets us be closer to unlocking a path of accessibility and affordability for electric vehicles nationwide.
  • Tenet will continue to work on advancing the DOE Title 17 process during 2024 and will provide further updates as appropriate.
  • The foregoing matters are wholly dependent on the results of DOE review and evaluation of a Part II application, and DOE's determination whether to proceed.

CIB committing $138.2 million to Nova Scotia Energy Storage Project

Retrieved on: 
Thursday, February 15, 2024

CIB commits $138.2 million to three energy storage facilities in Nova Scotia.

Key Points: 
  • CIB commits $138.2 million to three energy storage facilities in Nova Scotia.
  • HALIFAX, NS, Feb. 15, 2024 /CNW/ - The Canada Infrastructure Bank (CIB) is committing $138.2 million to support the development of Atlantic Canada's largest planned energy storage project by Nova Scotia Power Inc. (NS Power) in collaboration with Wskijinu'k Mtmo'taqnuow Agency Ltd. (WMA), an economic limited partnership owned by 13 Mi'kmaw communities.
  • CIB's first Indigenous Equity investment in Atlantic Canada's largest energy storage project.
  • The CIB's investment of $138.2 million towards Atlantic Canada's largest energy storage project is helping to create economic opportunities across Nova Scotia while supporting a clean energy transition.

enCore Energy Appoints Chief Financial Officer

Retrieved on: 
Thursday, February 15, 2024

DALLAS, Feb. 15, 2024 /PRNewswire/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company™ and a uranium producer, announced today the appointment of Ms. Shona Wilson as Chief Financial Officer.

Key Points: 
  • DALLAS, Feb. 15, 2024 /PRNewswire/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company™ and a uranium producer, announced today the appointment of Ms. Shona Wilson as Chief Financial Officer.
  • Paul Goranson, Chief Executive Officer, stated: "On behalf of the entire enCore Energy team, it is a great pleasure to welcome Ms. Wilson.
  • We also want to thank Dr. Dennis Stover for his assistance as Interim Chief Financial Officer during the transition."
  • As the Chief Financial Officer at kWantix since February 2021, Ms. Wilson played a pivotal role in leading the company through the energy transition, managing an array of functions including finance, treasury and risk management.

Rockefeller Foundation Outlines 4 Ways to Scale JETPs

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- The Rockefeller Foundation released a roadmap to make Just Energy Transition Partnerships (JETPs) a more effective vehicle for transforming energy systems in low- and middle-income countries. "Scaling the JETP model – prospects and pathways for action" details lessons learned from the first wave of JETPs, identifies roadblocks to the current model, and proposes pathways to scaling JETPs in ways that benefit vulnerable communities. Specifically, The Rockefeller Foundation recommends piloting a new approach to JETPs in a country such as the Philippines, developing a more effective on-ramp for the next wave of interested countries, elevating the role of Multilateral Development Banks (MDBs) in the process, and broadening and deepening support from donor countries.

Key Points: 
  • NEW YORK, Feb. 15, 2024 /PRNewswire/ -- The Rockefeller Foundation released a roadmap to make Just Energy Transition Partnerships (JETPs) a more effective vehicle for transforming energy systems in low- and middle-income countries. "
  • Scaling the JETP model – prospects and pathways for action " details lessons learned from the first wave of JETPs, identifies roadblocks to the current model, and proposes pathways to scaling JETPs in ways that benefit vulnerable communities.
  • While JETPs are a political and financial innovation, the process to date has been slow, and the financing has failed to flow as quickly or at the scale initially promised.
  • Since 2022, The Rockefeller Foundation has collaborated with Climate Smart Ventures (CSV) to assess a possible JETP in the country.

Maxeon Solar Technologies Announces Completion of First Customer Installation with Next Generation Maxeon IBC Panels

Retrieved on: 
Wednesday, February 14, 2024

SINGAPORE, Feb. 14, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the completion of a new solar installation featuring its next-generation Maxeon IBC solar panels with the world's highest conversion rate efficiency of any commercial solar panels, at 24.1%. This is the first project powered by these new Maxeon 7 panels, setting a new industry benchmark, and reaffirming the company's innovation leadership and ability to transform technological aspirations into real-world solutions.

Key Points: 
  • SINGAPORE, Feb. 14, 2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the completion of a new solar installation featuring its next-generation Maxeon IBC solar panels with the world's highest conversion rate efficiency of any commercial solar panels, at 24.1%.
  • This Maxeon IBC panel installation once again establishes a new performance standard for the entire solar industry.
  • The Maxeon 7 solar panel is the next evolution of Maxeon's back-contact architecture, enabling increased panel efficiency.
  • "This installation features our latest flagship IBC product and once again establishes a new performance standard for the entire solar industry."

Rimere Receives $10 Million Strategic Investment from Clean Energy

Retrieved on: 
Tuesday, February 13, 2024

Rimere, a climate solutions company with proprietary plasma technology, announced the closing of a $10 million strategic investment from Clean Energy Fuels Corp. (NASDAQ: CLNE ).

Key Points: 
  • Rimere, a climate solutions company with proprietary plasma technology, announced the closing of a $10 million strategic investment from Clean Energy Fuels Corp. (NASDAQ: CLNE ).
  • The Reformer uses proprietary sequential hybrid plasma technology to transform natural gas into clean hydrogen and high-quality graphene, without creating any CO2 emissions.
  • This investment by Clean Energy enables us to accelerate development of these proprietary technologies that could have an immediate impact on the world’s effort to address climate change,” said Mitchell Pratt, CEO of Rimere.
  • Rimere is currently an equity method investee of Clean Energy and has raised $18.25 million of committed capital to date since its formation in 2020.

Business-Focused Energy Storage Live Online Course

Retrieved on: 
Monday, February 12, 2024

Energy storage differs from other energy technologies in the breadth and complexity of its addressable market and revenue opportunities.

Key Points: 
  • Energy storage differs from other energy technologies in the breadth and complexity of its addressable market and revenue opportunities.
  • So, if you are thinking of investing in or developing an energy storage business case, this course provides your essential grounding in the core issues.
  • A past attendees from Tuas Power Generation noted, "The course has been informative, very practical and covers a wide range of energy storage technology.
  • I will without a doubt recommend it to anyone interested in the interplay between energy storage systems, electricity networks and energy markets, policies, procurement and regulations.

Secretary Granholm to address the National Press Club at a Headliners Coffee and Conversation on Wednesday, Feb. 21

Retrieved on: 
Friday, February 9, 2024

WASHINGTON, Feb. 9, 2024 /PRNewswire/ -- Join U.S. Secretary of Energy Jennifer M. Granholm for a Headliners Coffee and Conversation on Wednesday, Feb. 21 from 10 a.m. to 11 a.m. at the National Press Club.

Key Points: 
  • WASHINGTON, Feb. 9, 2024 /PRNewswire/ -- Join U.S. Secretary of Energy Jennifer M. Granholm for a Headliners Coffee and Conversation on Wednesday, Feb. 21 from 10 a.m. to 11 a.m. at the National Press Club.
  • Secretary Granholm will discuss the Biden administration's industrial strategy for the clean energy transition.
  • The Coffee and Conversation Headliners event will feature opening remarks from Secretary Granholm followed by a moderated discussion.
  • PRESS CONTACT: Cecily Scott Martin for the National Press Club; [email protected] ; (202) 662-7525
    View original content to download multimedia: https://www.prnewswire.com/news-releases/secretary-granholm-to-address-t...

Olin Recognized with JEC Innovation Award for Wind Blade Circularity Solution

Retrieved on: 
Thursday, February 8, 2024

Olin partnered with Vestas Wind Systems A/S (Denmark), Aarhus University (Denmark), Danish Technological Institute (Denmark), and Stena Recycling (Denmark and Sweden) on this project.

Key Points: 
  • Olin partnered with Vestas Wind Systems A/S (Denmark), Aarhus University (Denmark), Danish Technological Institute (Denmark), and Stena Recycling (Denmark and Sweden) on this project.
  • "We are honored to receive the 2024 Innovation Award from JEC Composites for this novel sustainability solution which enables the recycling of materials from wind blades," remarked Verghese Thomas, Vice President, Epoxy Systems and Chief Sustainability Officer at Olin.
  • "We value and appreciate the validation this innovation has received not only from JEC, but from the industry and our customers around the world."
  • Every year, the JEC Innovation Awards recognize innovative, collaborative, and impactful projects that demonstrate the full potential of composite materials.