National Grid

Willdan Awarded New National Grid Energy Efficiency Program

Retrieved on: 
Thursday, March 10, 2022
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Willdan Group, Inc. (Nasdaq: WLDN) announced today that it has been awarded a two-and-a-half year contract by National Grid to implement a new energy efficiency program for low- to moderate-income (LMI) customers.

Key Points: 
  • Willdan Group, Inc. (Nasdaq: WLDN) announced today that it has been awarded a two-and-a-half year contract by National Grid to implement a new energy efficiency program for low- to moderate-income (LMI) customers.
  • This program is the first of its kind for National Grid and is part of an innovative, larger statewide effort to provide a more holistic and coordinated approach to energy efficiency for New York LMI customers.
  • This approach, called the Statewide Low- and Moderate-Income Portfolio Implementation Plan, aims to increase energy affordability, improve access to energy efficiency, and reduce fossil fuel combustion.
  • This contract expands our reach in New York to include National Grid multifamily customers and will leverage our national experience implementing energy efficiency projects for multifamily properties and serving customers in disadvantaged communities.

Siemens Energy and National Grid Team Up to Eliminate SF6 Gases in Cutting-Edge Substation Upgrade

Retrieved on: 
Thursday, March 10, 2022
Environment, Technology, Other Energy, Engineering, Utilities, Other Technology, Oil, Gas, Alternative Energy, Manufacturing, Energy, Electricity, Industry, Twitter, SF6, Engineering, Hydrogen, GWP, GHG, Carbon, National Grid, Multimedia, Climate change, Transmission, Technology, Nitrogen, Solution, Oxygen, Substation, Environment, Vacuum, National, CO2, Blue, Renewable energy, Siemens Energy

In line with shared commitments to decarbonize, National Grid and Siemens Energy are teaming up to undertake a cutting-edge upgrade of a National Grid substation using Siemens Energy designed fluorinated gas free Blue circuit breakers with clean air insulation and vacuum switching technology.

Key Points: 
  • In line with shared commitments to decarbonize, National Grid and Siemens Energy are teaming up to undertake a cutting-edge upgrade of a National Grid substation using Siemens Energy designed fluorinated gas free Blue circuit breakers with clean air insulation and vacuum switching technology.
  • It will be the first Siemens Energy Blue circuit breaker installation in National Grids U.S. electricity network.
  • A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies.
  • Siemens Energy employs around 91,000 people worldwide in more than 90 countries and generated revenue of 28.5 billion in fiscal year 2021. www.siemens-energy.com .

RWE and National Grid consolidate partnership and move forward on offshore wind development

Retrieved on: 
Wednesday, March 9, 2022
Farm, Maintenance, JV, Carbon, National Grid, English Coast, GW, RWE, Trust, Growth, Wind, Renewable energy

"Our success with National Grid in the recent auction signals the start of our commitment to building a network of trust in the local communities," said Sam Eaton, RWE Executive Vice President, Offshore Development Americas.

Key Points: 
  • "Our success with National Grid in the recent auction signals the start of our commitment to building a network of trust in the local communities," said Sam Eaton, RWE Executive Vice President, Offshore Development Americas.
  • Community Offshore Wind is committed to delivering sustainable energy safely, reliably and efficiently to the communities we serve.
  • "National Grid is deeply committed to the communities where we live and work," said Will Hazelip, Vice President of National Grid Ventures.
  • National Grid Ventures recently launched the world's longest subsea interconnector, North Sea Link, connecting the UK and Norway, and develops and operates onshore wind and solar assets in the US via its National Grid Renewables unit.

Pine Technology Acquisition Corp. and Tomorrow.io Agree to Terminate Merger Agreement

Retrieved on: 
Monday, March 7, 2022
Aurora, Private Securities Litigation Reform Act, Ford Motor Company, Novum, AmTrust Bank, AmTrust Financial Services, Delta, Weather, Industry, Climate, Forward-looking statement, Security (finance), U.S. Securities and Exchange Commission, Technology, National Grid, Uber, Founder, SEC, Form, Acquisition, CEO, COO, SPAC, Nasdaq, CIO, GLOBE, Combination, Tomorrow.io, Risk management

Aurora and Boston, March 07, 2022 (GLOBE NEWSWIRE) -- Pine Technology Acquisition Corp. (Nasdaq: PTOC, PTOCW, PTOCU), a special purpose acquisition company (Pine Technology), and The Tomorrow Companies Inc. (Tomorrow.io) today announced that they have agreed to terminate the previously announced agreement and plan of merger (the Business Combination Agreement) due to market conditions and will not complete their previously announced business combination.

Key Points: 
  • Aurora and Boston, March 07, 2022 (GLOBE NEWSWIRE) -- Pine Technology Acquisition Corp. (Nasdaq: PTOC, PTOCW, PTOCU), a special purpose acquisition company (Pine Technology), and The Tomorrow Companies Inc. (Tomorrow.io) today announced that they have agreed to terminate the previously announced agreement and plan of merger (the Business Combination Agreement) due to market conditions and will not complete their previously announced business combination.
  • About Pine Technology Acquisition Corp.
    Pine Technology Acquisition Corp. is a special purpose acquisition company (SPAC) formed for the purpose of targeting one or more businesses in the insurance-related technology (InsurTech) sector for its initial business combination.
  • Pine Technology Acquisition Corp. was founded in December 2020 and its Units, Class A common stock and warrants are listed on the Nasdaq under the symbols PTOCU, PTOC, and PTOCW, respectively.
  • However, while Pine Technology and Tomorrow.io may elect to update these forward-looking statements at some point in the future, Pine Technology and Tomorrow.io specifically disclaim any obligation to do so.

New York Bight Offshore Wind Auction Winners Announced

Retrieved on: 
Friday, February 25, 2022
GLOBE, Wind, Water, Copenhagen Infrastructure Partners, Investment, U.S. Department of Defense Strategy for Operating in Cyberspace, Joe Biden, New York Bight, GW, Interview, Industry, Federation, Sale, EnBW, Shell, EDF, Interior, ENGIE, Business network, RWE, EDP Renováveis, CEO, Network, National Grid, Renewable energy, Gulf of Mexico, Atlantic Ocean, Atlantic Ocean

Baltimore, Feb. 25, 2022 (GLOBE NEWSWIRE) -- The U.S. Department of Interior today completed its highly anticipated New York Bight lease auction , the first offshore wind auction to take place in nearly four years.

Key Points: 
  • Baltimore, Feb. 25, 2022 (GLOBE NEWSWIRE) -- The U.S. Department of Interior today completed its highly anticipated New York Bight lease auction , the first offshore wind auction to take place in nearly four years.
  • The roughly 480,000-acre are off the New York and New Jersey coast was divided up into six lease areas awarded to Atlantic Shores Offshore Wind Bight (EDF and Shell), Attentive Energy (EnBW and Total), Bight Wind Holdings (RWE and National Grid), Invenergy Wind Offshore, Mid-Atlantic Offshore Wind (Copenhagen Infrastructure Partners), and OW Ocean Winds East (EDP Renewables and ENGIE.)
  • The New York Bight is expected to produce up to seven gigawatts of renewable energy enough to power millions of homes and puts the nation on a path to reach the Biden Administrations goal of 30 GW of offshore wind energy by 2030.
  • The following statement can be attributed to Liz Burdock, CEO of the Business Network for Offshore Wind, the only non-profit focused solely on growing the offshore wind industry and its supply chain:
    The New York Bight auction concluded today after days of intense bidding that reflect the great advancement of the U.S. offshore wind industry and the pent-up demand for new lease areas.

Pakistan Construction Market Trends and Opportunities Report 2021: Industry is Expected to Register an Annual Average Growth Rate of 5.1% Between 2022 and 2025 - ResearchAndMarkets.com

Retrieved on: 
Monday, February 28, 2022
Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Urban Planning, China–Pakistan Economic Corridor, PKR1, Federal budget, Government, Electricity, Ministry of Information and Broadcasting, Pakistan Bureau of Statistics, Growth, Water, FY, State bank, National Logistics Cell, Projection, Education, SBP, Ministry, 2009–10 Pakistan federal budget, Gross fixed capital formation, Industry, National, Communication, Housing, Construction industry of India, Transport, US, CPEC, Lahore Development Authority, Capital Development Authority, Pakistan Civil Aviation Authority, Port Qasim, Construction, Special economic zone, National Highway Authority, Ministry of Transport, Communications and High Technologies (Azerbaijan), PBS, GFCF, State Bank of Pakistan, MPMG, National Grid, Renewable energy

The "Construction in Pakistan - Key Trends and Opportunities (H2 2021)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction in Pakistan - Key Trends and Opportunities (H2 2021)" report has been added to ResearchAndMarkets.com's offering.
  • The upward revision is mainly due to increased investment in the construction industry, as well as strong export growth and increased manufacturing activity.
  • The industry is expected to register an annual average growth of 5.1% between 2022 and 2025, supported by investment on China-Pakistan Economic Corridor (CPEC) infrastructure projects.
  • Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Pakistan, featuring details of key growth drivers.

Exelon, Coalition of Power Companies Argue Before U.S. Supreme Court in Favor of Preserving EPA’s Authority to Regulate Power Plant Greenhouse Gas Emissions

Retrieved on: 
Monday, February 28, 2022
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Exelon Corporation (Nasdaq: EXC) is a member of a coalition of nine utility companies that argued before the U.S. Supreme Court today in West Virginia vs. EPA in favor of preserving the U.S. Environmental Protection Agencys (EPA) authority to set standards to limit greenhouse gas pollution from power plants.

Key Points: 
  • Exelon Corporation (Nasdaq: EXC) is a member of a coalition of nine utility companies that argued before the U.S. Supreme Court today in West Virginia vs. EPA in favor of preserving the U.S. Environmental Protection Agencys (EPA) authority to set standards to limit greenhouse gas pollution from power plants.
  • The coalition, along with EPA, several states and NGOs, seeks to affirm a lower courts ruling in American Lung Association v. EPA.
  • At issue is the scope of EPA's authority under the Clean Air Act to regulate powerplant greenhouse gas emissions, which Exelon and the other case respondents contend is instrumental in the power sectors shift to relying on cleaner sources of electricity generation.
  • Over the next four years, Exelon plans to invest more than $25 billion in the electric grid across the companys six utilities.

Marcy L. Reed Joins Edison International, Southern California Edison Boards of Directors

Retrieved on: 
Thursday, February 24, 2022
Utilities, Energy, Edison International, Cooper, National Grid, Central, Electricity, Natural gas, Retirement, PricewaterhouseCoopers, International, National Grid plc, Blue Cross Blue Shield Association, Partnership, Safety, NYSE, LLC, American Tradition Partnership, Inc. v. Bullock, Dartmouth College, INSEAD, Reed, CEO, National, Policy, Electric power industry, Renewable energy, Management, Southern California Edison, Coastal California, Northeastern University

Edison International (NYSE: EIX) and Southern California Edison today announced that Marcy L. Reed will join the board of directors of each company, effective today.

Key Points: 
  • Edison International (NYSE: EIX) and Southern California Edison today announced that Marcy L. Reed will join the board of directors of each company, effective today.
  • Reed was responsible for the companys electricity and gas business in Massachusetts, including operational, customer service, financial and reputational outcomes.
  • Marcy has a strong background in utility operations, safety, energy policy and sustainability, said Pedro J. Pizarro, president and CEO of Edison International.
  • Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison Company, a utility that delivers electricity to 15 million people across Southern, Central and Coastal California.

ev.energy extends its Series A to $12.8m with ArcTern Ventures

Retrieved on: 
Thursday, February 24, 2022
Climate change, Southern California Edison, Motor vehicle, MCE, E.ON Energy UK, Electricity, PALO, Growth, FEV, Transport, AusNet Services, Solution, CCAS, Southern Company, Series, EV, Traction, UK Power Networks, Technology, Sync, CCA, EIP, CEO, Software, National Grid, Renewable energy, Mobile phone

PALO ALTO, Calif. and LONDON, Feb. 24, 2022 /PRNewswire/ -- ev.energy, a global provider of electric vehicle (EV) charging software, has extended its Series A financing round to $12.8M led by ArcTern Ventures.

Key Points: 
  • PALO ALTO, Calif. and LONDON, Feb. 24, 2022 /PRNewswire/ -- ev.energy, a global provider of electric vehicle (EV) charging software, has extended its Series A financing round to $12.8M led by ArcTern Ventures.
  • The round was also supported by Energy Impact Partners, Future Energy Ventures, and other existing ev.energy investors.
  • We invested in ev.energy because they're uniquely positioned; they have the broad geographic reach, flexible business model, and customer-obsessed culture to truly scale smart charging," said Mira Inbar, Partner at ArcTern Ventures.
  • ArcTern Ventures is a venture capital firm obsessed with helping solve the climate crisis and rethinking sustainability.

Food Tank Joins the Farm Powered Strategic Alliance

Retrieved on: 
Tuesday, February 22, 2022
Oil, Gas, Retail, Alternative Energy, Energy, Manufacturing, Supply Chain Management, Environment, Agriculture, Natural Resources, Supermarket, Other Manufacturing, Science, Other Energy, Food, Beverage, Other Science, Recycling, Climate change, Income, RNG, Natural gas, CO2, Non-governmental organization, Alliance, Poverty, Smithfield Foods, Kikkoman, Company, Food Tank, Dairy Farmers of America, Hunger, Organization, Manure, ONE Gas, Smith, Multimedia, Food, Obesity, Farm, Cabot Creamery, Dominion Energy, NGO, Starbucks, Solution, CEO, Farmer, National Grid, Agriculture, Renewable energy, Enbridge, Unilever, Eversource Energy, Vanguard Renewables, Food Tank, VANGUARD RENEWABLES, FOOD TANK

Food Tank, a globally recognized NGO dedicated to eradicating hunger, poverty, and obesity, has joined the Farm Powered Strategic Alliance (FPSA).

Key Points: 
  • Food Tank, a globally recognized NGO dedicated to eradicating hunger, poverty, and obesity, has joined the Farm Powered Strategic Alliance (FPSA).
  • The Farm Powered Strategic Alliance, founded in 2020 by Vanguard Renewables, Unilever, Starbucks, and Dairy Farmers of America, aims to avoid or eliminate food waste first and repurpose what cant be eliminated into renewable energy via farm-based anaerobic digesters.
  • The Farm Powered Strategic Alliance, named one of Fast Companys 2021 World-Changing Ideas, now includes Unilever, Starbucks, Dairy Farmers of America, Vanguard Renewables, Stonyfield Organic, Cabot Creamery, Smithfield Foods, Kikkoman, and now Food Tank.
  • Vanguard co-founded the industry-leading Farm Powered Strategic Alliance (FPSA) alongside food industry leaders Dairy Farmers of America, Unilever, and Starbucks to develop a circular solution for food waste reduction and recycling and decarbonization of manufacturing and the supply chain.