EDF

Ormat Technologies Signs PPA for a New Geothermal Power Plant in Guadeloupe

Retrieved on: 
Monday, March 4, 2024

The new plant development will be added to Ormat’s existing 15MW Bouillante geothermal power plant.

Key Points: 
  • The new plant development will be added to Ormat’s existing 15MW Bouillante geothermal power plant.
  • The project’s field development is completed with resource secured and is expected to be operational by the end of 2025.
  • The new power plant will be a sea water-cooled binary system using state-of-the-art Ormat Energy Converters (OEC).
  • With the addition of the new Bouillante power plant in Guadeloupe and the recent signing of the new 10MW power plant to be built in Dominica, our total geothermal capacity in the Caribbean region will be 35 MW by the end of 2025.

MethaneSAT Now in Orbit after SpaceX Launches Groundbreaking Mission to Protect the Climate

Retrieved on: 
Tuesday, March 5, 2024

Just after 4:00pm Pacific Time today MethaneSAT effectively detached from SpaceX Transporter-10 that carried the emissions monitor into space.

Key Points: 
  • Just after 4:00pm Pacific Time today MethaneSAT effectively detached from SpaceX Transporter-10 that carried the emissions monitor into space.
  • The groundbreaking satellite is designed to help protect the Earth’s climate by accelerating reductions of a powerful greenhouse pollutant, focusing first on oil and gas operations, a major source of methane.
  • MethaneSAT will show us the full scope of the opportunity by tracking emissions to their source.”
    Krupp announced MethaneSAT in a 2018 TED Talk as part of the TED Audacious Project .
  • MethaneSAT was made possible entirely by the support of EDF donors and our partnership with the Government of New Zealand .

EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Solar+Storage Energy Project

Retrieved on: 
Tuesday, February 27, 2024

EDF Renewables North America today announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project.

Key Points: 
  • EDF Renewables North America today announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project.
  • Located on federal land in the southern Nevada desert, the Project expects to create approximately 500 jobs during the peak construction phase.
  • EDF Renewables North America is a market leading independent power producer and service provider with 35 years of expertise in renewable energy.
  • EDF Renewables North America is a subsidiary of EDF Renewables, the dedicated renewable energy affiliate of the EDF Group.

South Africa Electricity Generation Industry Report 2024, Featuring Profiles of 30+ Companies Including Eskom, Mulilo Energy, EDF, ACWA Power, Oya Energy, Sola, Globaleq, Scatec and Pele Green Energy - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 27, 2024

South Africa's electricity crisis intensified in 2023 due to extensive breakdowns at the debt-laden Eskom's aging power stations.

Key Points: 
  • South Africa's electricity crisis intensified in 2023 due to extensive breakdowns at the debt-laden Eskom's aging power stations.
  • Recent regulatory changes have unlocked new avenues of private and municipal investment in electricity generation.
  • Eskom's unbundling into separate generation, transmission, and distribution companies, was targeted to be complete by the middle of 2024.
  • There are profiles of 31 companies including Eskom, the Avon and Dedisa peaking power plants, emergency energy provider Karpowership and renewable companies such as Mulilo Energy, EDF, ACWA Power, Oya Energy, African Rainbow and Energy Projects, Sola Group, Globaleq, Enel Green Powe, Scatec, Cennergi, Seriti Green and Pele Green Energy.

NCA: Banning European Method decaf would defy science and harm Americans' health

Retrieved on: 
Friday, March 8, 2024

NEW YORK, March 8, 2024 /PRNewswire/ -- Banning the most common decaffeinated coffee - known as European Method decaf - would unjustifiably deny decaffeinated coffee drinkers access to a safe product associated with decreased risk of multiple cancers and other health benefits, the National Coffee Association (NCA) warned today (Friday).

Key Points: 
  • NEW YORK, March 8, 2024 /PRNewswire/ -- Banning the most common decaffeinated coffee - known as European Method decaf - would unjustifiably deny decaffeinated coffee drinkers access to a safe product associated with decreased risk of multiple cancers and other health benefits, the National Coffee Association (NCA) warned today (Friday).
  • NCA will detail the robust body of scientific evidence establishing the safety of European Method decaf in response to a petition filed by activist group the Environmental Defense Fund (EDF) with the U.S. Food and Drug Administration (FDA).
  • In parallel to EDF's unfounded petition, activist group the Clean Label Project (CLP) is also lobbying the California State Assembly to ban European Method decaf (California Assembly Bill 2066 ).

BAE Systems launches MethaneSAT satellite to provide critical global greenhouse gas emissions data

Retrieved on: 
Monday, March 4, 2024

The satellite will provide the public with reliable scientific data about the sources and scale of methane emissions globally, with the ultimate goal of driving reductions in the near future.

Key Points: 
  • The satellite will provide the public with reliable scientific data about the sources and scale of methane emissions globally, with the ultimate goal of driving reductions in the near future.
  • The satellite will monitor emissions from the oil and gas sector, which accounts for about 40% of all human-caused methane emissions, and it will be able to revisit the same sites daily in most instances.
  • "MethaneSAT will make a critical difference in helping us better understand and remedy global greenhouse gas emissions," said Dr. Alberto Conti, vice president and general manager of Civil Space for BAE Systems Space & Mission Systems.
  • "MethaneSAT is a unique instrument with demanding specifications," said Peter Vedder, senior director for mission systems at MethaneSAT.

South Africa Electricity Generation Report 2024 - South Africa's Electricity Crisis Intensified in 2023, with Extensive Breakdowns at Eskom's Power Stations

Retrieved on: 
Tuesday, February 20, 2024

DUBLIN, Feb. 20, 2024 /PRNewswire/ -- The "Generation of Electricity in South Africa 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 20, 2024 /PRNewswire/ -- The "Generation of Electricity in South Africa 2024" report has been added to ResearchAndMarkets.com's offering.
  • South Africa's electricity crisis intensified in 2023 due to extensive breakdowns at the debt-laden Eskom's aging power stations.
  • Recent regulatory changes have unlocked new avenues of private and municipal investment in electricity generation.
  • Eskom's unbundling into separate generation, transmission, and distribution companies, was targeted to be complete by the middle of 2024.

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.

Tigo Energy Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024

Tigo Energy, Inc. ("Tigo", or the "Company") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today reported unaudited financial results for the fourth quarter and full year ended December 31, 2023 and financial guidance for the first quarter ending March 31, 2024.

Key Points: 
  • Tigo Energy, Inc. ("Tigo", or the "Company") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today reported unaudited financial results for the fourth quarter and full year ended December 31, 2023 and financial guidance for the first quarter ending March 31, 2024.
  • Announced CPV Retail Energy and EDF Renewables Israel as new Tigo Predict+ customers, increasing annual recurring revenue to $0.8 million.
  • Revenue for the fourth quarter 2023 totaled $9.2 million, a 70.1% decrease from $30.9 million in the prior year comparable period.
  • Net loss for the fourth quarter 2023 totaled $14.8 million, compared to net income of $0.9 million for the prior year comparable period.

Ball Aerospace Ships Methane Monitoring Satellite for Launch

Retrieved on: 
Wednesday, February 7, 2024

BROOMFIELD, Colo., Feb. 7, 2024 /PRNewswire/ -- Ball Aerospace successfully delivered the MethaneSAT satellite to Vandenberg Space Force Base in Santa Barbara County, California this week, where it is scheduled to launch next month.

Key Points: 
  • BROOMFIELD, Colo., Feb. 7, 2024 /PRNewswire/ -- Ball Aerospace successfully delivered the MethaneSAT satellite to Vandenberg Space Force Base in Santa Barbara County, California this week, where it is scheduled to launch next month.
  • Methane is an extremely potent greenhouse gas and the second leading driver of climate warming, trailing only carbon dioxide, according to NASA .
  • Once on orbit, the Ball-designed MethaneSAT instrument — composed of two advanced spectrometers — will locate and quantify sources of methane emissions around the world.
  • Ball Aerospace will also provide launch support and commissioning services for the mission.