Other Energy

Capstone Green Energy Secures Two-Megawatt Follow-on Order for a Remote Gas Compression Facility in Wyoming’s Green River Basin

Retrieved on: 
Tuesday, March 21, 2023

“Capstone microturbines create loyal customers, and this order is a great example.

Key Points: 
  • “Capstone microturbines create loyal customers, and this order is a great example.
  • This customer has been using Capstone Green Energy microturbine technology since 2010, and continues to return for additional systems,” said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy.
  • Capstone microturbines continue to deliver reliable, low-emission power where the customer needs it most.”
    The microturbine will power a remote natural gas compression facility and run on high-pressure natural gas (HPNG).
  • Capstone microturbines meet Wyoming’s stringent air quality rules and make permitting very easy,” added Henry.

Wood Mackenzie Recognizes Stem as Largest Storage Virtual Power Plant Operator in North America

Retrieved on: 
Tuesday, March 21, 2023

Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced that it has been recognized as the largest energy storage virtual power plant (VPP) operator in North America by Wood Mackenzie, the leading provider of intelligence for the world’s natural resources sector.

Key Points: 
  • Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced that it has been recognized as the largest energy storage virtual power plant (VPP) operator in North America by Wood Mackenzie, the leading provider of intelligence for the world’s natural resources sector.
  • Wood Mackenzie’s Virtual Power Plant Market report points to Stem’s 2.5 gigawatt hours (GWh) of contracted storage assets under management across 14 different VPPs as the most among VPP operators.
  • “Stem is a VPP leader in California, the most active VPP market where incentive programs and opportunities are robust,” said Ben Hertz-Shargel, Global Head of Grid Edge at Wood Mackenzie.
  • Wood Mackenzie’s Virtual Power Plant Market report analyzes the state of the VPP market today in the US and Canada, based on a database of over 500 VPP projects.

Ameresco Announces Partnership with Alaska Pacific University on Facility Replacement Project

Retrieved on: 
Tuesday, March 21, 2023

Project operations will factor in the transportation of materials from sea level to the mountain apex through the use of helicopter deliveries.

Key Points: 
  • Project operations will factor in the transportation of materials from sea level to the mountain apex through the use of helicopter deliveries.
  • The facility and surrounding location present variable conditions similar to those that skiers and other winter athletes experience when competing overseas.
  • “We are so honored to help lead the design and development of such a unique project for Alaska Pacific University’s Thomas Nordic Training Center,” said Nicole Bulgarino, Executive Vice President & General Manager, Ameresco.
  • Upon completion, Ameresco will have potentially installed the highest (by elevation) boiler in the state of Alaska.

Cummins Opens Atlanta Satellite Office and Tech Hub

Retrieved on: 
Tuesday, March 21, 2023

Global power and technology leader, Cummins Inc. (NYSE: CMI) unveiled its new office location, the Cummins Atlanta Hub (CAH), located in Atlanta, Georgia.

Key Points: 
  • Global power and technology leader, Cummins Inc. (NYSE: CMI) unveiled its new office location, the Cummins Atlanta Hub (CAH), located in Atlanta, Georgia.
  • The addition of the Cummins satellite site provides new talent the opportunity to experience the Cummins culture of collaboration and connection, while fostering a diverse workforce that supports work-life integration, wellness, and retention through enhanced ways of working.
  • “We couldn’t be more excited to open the Cummins Atlanta Hub and provide an empowering and versatile work environment,” said Chief Human Resources Officer Marvin Boakye.
  • As an integral part of the future success of the company, the Cummins Atlanta Hub will serve as an innovative and inclusive workplace for teams to collaborate, promote stronger bonds across their teams and in the community, while strengthening the Cummins presence in the Atlanta metropolitan area and surrounding Southeast region.

Atmos Energy Leads Energy Utilities in Customer Satisfaction as Overall Industry Remains Stable, ACSI Data Show

Retrieved on: 
Tuesday, March 21, 2023

Residential customer satisfaction with the energy utilities industry is steady at 72 (on a scale of 0 to 100), according to the American Customer Satisfaction Index Energy Utilities Study 2022-2023 .

Key Points: 
  • Residential customer satisfaction with the energy utilities industry is steady at 72 (on a scale of 0 to 100), according to the American Customer Satisfaction Index Energy Utilities Study 2022-2023 .
  • Satisfaction with natural gas service is unchanged at 75 and remains ahead of electricity, which increases 1.4% to 72.
  • “All things considered, the 2023 results suggest energy utilities are continuing to provide relatively high levels of customer service.”
    Atmos Energy replaces CenterPoint Energy in first place, while CPS Energy makes significant progress
    Atmos Energy leads all energy utilities providers after improving 1% to an ACSI score of 77.
  • “Residential customer satisfaction relies heavily on a utility’s ability to provide reliable service and restore power following an outage,” added Morgeson.

Regional Winners of 31st Annual ExploraVision Competition Announced by Toshiba, National Science Teaching Association

Retrieved on: 
Tuesday, March 21, 2023

Toshiba and the National Science Teaching Association (NSTA) announced today the regional winners of the 31st annual ExploraVision program, the largest K-12 science competition designed to build problem-solving, critical thinking and collaboration skills that are central to the Next Generation Science Standards.

Key Points: 
  • Toshiba and the National Science Teaching Association (NSTA) announced today the regional winners of the 31st annual ExploraVision program, the largest K-12 science competition designed to build problem-solving, critical thinking and collaboration skills that are central to the Next Generation Science Standards.
  • “The 31st year of the ExploraVision program saw tremendous progression across schools, driving innovation among teachers and students around the world.
  • In the next phase of the competition, the 24 regional winners will advance to the national level.
  • All first- and second-place national winners will be formally recognized for their creativity and accomplishments at an ExploraVision awards ceremony in early June.

Navitas Assurance Partners Announces Collaboration with Crum & Forster and Great American Insurance Company to Deliver Trade Credit Insurance Capacity to the Energy Market

Retrieved on: 
Tuesday, March 21, 2023

Navitas Assurance Partners , a specialty managing general underwriter, has entered into a relationship with Crum & Forster’s Credit Division and Great American Insurance Company’s FCIA Trade Credit & Political Risk Division to provide highly rated trade credit insurance capacity to the North American energy markets.

Key Points: 
  • Navitas Assurance Partners , a specialty managing general underwriter, has entered into a relationship with Crum & Forster’s Credit Division and Great American Insurance Company’s FCIA Trade Credit & Political Risk Division to provide highly rated trade credit insurance capacity to the North American energy markets.
  • The collaboration will leverage each company’s financial strength and specialty focus on the energy sector to meet pent-up demand for alternative assurance products.
  • “The Navitas team has been integral to the inception, acceptance, and growth of the alternative assurance market,” said Jay Rose, Founder and Managing Director, Navitas Assurance Partners.
  • “FCIA’s decades of credit insurance underwriting, together with the knowledge and skills of Navitas, will create a solid ground to expand the use of credit insurance in the energy market.”

Primoris Services Corporation to Participate in Institutional Investor Conference

Retrieved on: 
Tuesday, March 21, 2023

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today that the Company’s management team will participate in the UBS 17th Annual Infrastructure and E&C Conference on Thursday, March 23, in Dallas, Texas.

Key Points: 
  • Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) announced today that the Company’s management team will participate in the UBS 17th Annual Infrastructure and E&C Conference on Thursday, March 23, in Dallas, Texas.
  • A copy of the Company’s most recent earnings release and investor presentation can be accessed from the “Investors” section “News and Events” of its website, www.prim.com .

AVANGRID To Support Meta’s Operations in Texas With New 240 MW Solar Farm

Retrieved on: 
Tuesday, March 21, 2023

“True North will support our commitment to 100% renewable energy and represents additional investment and jobs for the region.”

Key Points: 
  • “True North will support our commitment to 100% renewable energy and represents additional investment and jobs for the region.”
    Since 2020, Meta’s global operations have been supported by 100% renewable energy.
  • The True North project will support Meta’s upcoming data center in neighboring Temple, their second data center facility in Texas.
  • True North, AVANGRID’s first solar farm in Texas, will deliver 240 MW of clean, renewable energy once it reaches commercial operations, which is expected by early 2025.
  • With more than 8.6 GW of installed renewable capacity, including 1.1 GW of solar projects operating and under construction, AVANGRID is the third largest renewable energy operator in the U.S.

Spearmint Energy Expands Portfolio with Acquisition of 900 MW of Energy Storage Development Assets in ERCOT Power Market

Retrieved on: 
Tuesday, March 21, 2023

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that is has acquired a 900 MW portfolio of battery energy storage solutions (“BESS”) assets, collectively known as Nomadic.

Key Points: 
  • Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that is has acquired a 900 MW portfolio of battery energy storage solutions (“BESS”) assets, collectively known as Nomadic.
  • The acquisition significantly expands Spearmint’s BESS portfolio and cements the Company as the one of the largest battery energy storage developers in the state of Texas.
  • Over the next several months, Spearmint’s growing team of industry veterans will complete Nomadic’s remaining development work.
  • “We are proud to add Nomadic to the Spearmint portfolio,” said Andrew Waranch, Founder, President, and Chief Executive Officer of Spearmint.