National Grid

Edison Investment Research Limited: Gresham House Energy Storage Fund (GRID): Initiation - A rapidly growing fund with scope for NAV uplifts

Retrieved on: 
Thursday, February 17, 2022

Gresham House Energy Storage Fund (GRID) invests in a diversified portfolio of utility-scale battery energy storage systems (BESS) in the UK and Ireland.

Key Points: 
  • Gresham House Energy Storage Fund (GRID) invests in a diversified portfolio of utility-scale battery energy storage systems (BESS) in the UK and Ireland.
  • It is the largest UK listed BESS fund and the largest operator in the market, and it is growing rapidly.
  • We believe GRID's asset valuation policy is conservative relative to its peers, providing scope for potential NAV uplift.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.

Tomorrow.io Announces its Inaugural ESG and Climate Adaptation Awards

Retrieved on: 
Thursday, February 17, 2022

BOSTON, Feb. 17, 2022 /PRNewswire/ -- The Tomorrow Companies Inc. ("Tomorrow.io"), developer of a leading platform for global weather and climate security, today announced the "Tomorrow.io ESG and Climate Adaptation Awards."

Key Points: 
  • BOSTON, Feb. 17, 2022 /PRNewswire/ -- The Tomorrow Companies Inc. ("Tomorrow.io"), developer of a leading platform for global weather and climate security, today announced the "Tomorrow.io ESG and Climate Adaptation Awards."
  • Action is what the 'Tomorrow.io ESG and Climate Adaptation Awards' recognize and celebrate."
  • The "Tomorrow.io ESG and Climate Adaptation Awards" will include nominees across industries including aviation, energy, technology, logistics, sports/events and more.
  • "What the ESG and climate adaptation awards represent is a unique focus on taking action, whether it's on predictive operational optimization, reducing carbon footprints, improving safety protocols or social impact."

Quinbrook Commissions First New Synchronous Condenser for the UK Power Market

Retrieved on: 
Tuesday, February 15, 2022

The Rassau Synchronous Condenser is expected to support the stable decarbonisation of electricity supply as the UK rapidly increases the uptake of variable renewables in the drive to Net Zero1.

Key Points: 
  • The Rassau Synchronous Condenser is expected to support the stable decarbonisation of electricity supply as the UK rapidly increases the uptake of variable renewables in the drive to Net Zero1.
  • Quinbrook targets the next generation of critical infrastructure investment that arises directly from the maturation of renewables as the dominant source of power in the UK.
  • Historically, grid stability in the UKs power systems has been maintained by large synchronous power plants predominantly fueled by carbon-intensive coal and gas.
  • Rassau will now offer these services to National Grid using the synchronous condenser technology which operates on a continuous 24/7 basis5.

Breweries Are Working to Make Super Bowl Sunday Greener in Massachusetts

Retrieved on: 
Thursday, February 10, 2022

Super Bowl Sunday is not just a day for football in America; its one of the days that Americans consume the most beer - approximately 325 million gallons.

Key Points: 
  • Super Bowl Sunday is not just a day for football in America; its one of the days that Americans consume the most beer - approximately 325 million gallons.
  • Vanguard Renewables in Massachusetts believes that waste is only waste if you waste it - they can recycle that waste and harness it to make renewable energy.
  • The company has been working with small and large breweries across the region to help Vanguard's Farm Powered mission to turn food waste and dairy cow manure into renewable energy.
  • New England is no stranger to the craft beer industry, with small and large breweries opening up across the region.

Tomorrow.io to Power Amazon Alexa's Leading Third Party Weather App, Big Sky

Retrieved on: 
Monday, February 14, 2022

The Big Sky Alexa weather app offers a number of best-in-class features including live radar, custom weather alerts based on user calendars and a visual experience superior to default marketplace offerings.

Key Points: 
  • The Big Sky Alexa weather app offers a number of best-in-class features including live radar, custom weather alerts based on user calendars and a visual experience superior to default marketplace offerings.
  • As the app enters its next phase of growth, Tomorrow.io will be its single source of weather and air quality data.
  • "Our users are passionate about the weather and rely on Big Sky's ability to both predict and visualize dynamic and hyperlocal information," said Steve Arkonovich, founder and creator of Big Sky.
  • "By partnering with Tomorrow.io, Big Sky is taking the next step in delivering a unique experience and valuable recommendations to our users."

Trina Storage switches on 50 MW/56.2 MWh battery storage system in the UK

Retrieved on: 
Monday, February 14, 2022

MUNICH, Feb. 14, 2022 /PRNewswire/ -- Trina Storage, launched in January 2021 as a global energy storage solution provider, today announced that it has successfully completed the supply of their first 50 MW / 56.2 MWh fully integrated grid-scale battery storage system in Burwell, UK for SMS plc. Now operational, the storage system will support the UK grid to become more flexible & resilient, further readying it for net-zero.

Key Points: 
  • Trina Storage has successfully commissioned SMS plc's 50MW BESS project in Burwell, Cambridgeshire, UK
    MUNICH, Feb. 14, 2022 /PRNewswire/ -- Trina Storage, launched in January 2021 as a global energy storagesolution provider, today announced that it has successfully completed the supply of their first 50 MW / 56.2 MWh fully integrated grid-scale battery storage system in Burwell, UK for SMS plc.
  • Now operational, the storage system will support the UK grid to become more flexible & resilient, further readying it for net-zero.
  • The 50 MW BESS project is owned & developed by UK's leading smart energy infrastructure provider, SMS plc, constructed by Ethical Power while Trina Storage supplied, commissioned and tested the system.
  • The full wrapped system solution, consisting of Lithium ion battery racks, PCS and transformer units, was designed to maximize system performance as well as increase battery life with safety at the heart of engineering process.

Trina Storage switches on 50 MW/56.2 MWh battery storage system in the UK

Retrieved on: 
Monday, February 14, 2022

MUNICH, Feb. 14, 2022 /PRNewswire/ -- Trina Storage, launched in January 2021 as a global energy storagesolution provider, today announced that it has successfully completed the supply of their first 50 MW / 56.2 MWh fully integrated grid-scale battery storage system in Burwell, UK for SMS plc.

Key Points: 
  • MUNICH, Feb. 14, 2022 /PRNewswire/ -- Trina Storage, launched in January 2021 as a global energy storagesolution provider, today announced that it has successfully completed the supply of their first 50 MW / 56.2 MWh fully integrated grid-scale battery storage system in Burwell, UK for SMS plc.
  • Now operational, the storage system will support the UK grid to become more flexible & resilient, further readying it for net-zero.
  • The 50 MW BESS project is owned & developed by UK's leading smart energy infrastructure provider, SMS plc, constructed by Ethical Power while Trina Storage supplied, commissioned and tested the system.
  • The full wrapped system solution, consisting of Lithium ion battery racks, PCS and transformer units, was designed to maximize system performance as well as increase battery life with safety at the heart of engineering process.

AMETEK Announces Appointment of Dean Seavers to Board of Directors

Retrieved on: 
Thursday, February 10, 2022

BERWYN, Pa., Feb. 10, 2022 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced that its Board of Directors has appointed Dean Seavers as a new director of the Company effective February 24, 2022.

Key Points: 
  • BERWYN, Pa., Feb. 10, 2022 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced that its Board of Directors has appointed Dean Seavers as a new director of the Company effective February 24, 2022.
  • Mr. Seavers most recently served as President and Executive Director for National Grid, a leading provider of electricity, natural gas, and clean energy solutions.
  • "We are excited to welcome Dean as a member of our Board of Directors," commented DavidA.
  • "Dean is a proven operating executive with extensive board experience.

Compute North Closes $385 Million in Strategic Funding for TIER 0™ Computing Infrastructure

Retrieved on: 
Wednesday, February 9, 2022

This investment continues to cement Compute North as the premier leader in TIER 0 computing infrastructure and will support the continued development of new U.S.-based data centers, expanding capacity and enabling further growth.

Key Points: 
  • This investment continues to cement Compute North as the premier leader in TIER 0 computing infrastructure and will support the continued development of new U.S.-based data centers, expanding capacity and enabling further growth.
  • Compute North is meeting the growing demand for scalable, cost-effective digital infrastructure solutions for highly specialized computing needs.
  • "Combining intermittent resources with the flexibility of TIER 0 hosting allows Compute North to deliver highly competitive solutions for its increasingly diverse customer base."
  • Compute North is the leader in TIER 0 data centers, focused on delivering the most sustainable, cost-effective computing in the world.

Tomorrow.io Announces Strong Growth in Sales and Client Count in 2021

Retrieved on: 
Tuesday, February 8, 2022

These and other 2021 performance and technology milestones underpin the company's previously disclosed projections for continued extraordinary growth.

Key Points: 
  • These and other 2021 performance and technology milestones underpin the company's previously disclosed projections for continued extraordinary growth.
  • In December, Tomorrow.io announced plans to list on Nasdaq through a merger with Pine Technology Acquisition Corp. (Nasdaq: PTOC, PTOCW, PTOCU).
  • It is the only company running its own weather models at ultra-high resolution that provides weather intelligence and recommendations to its customers.
  • Client additions in 2021 included: Azul Airlines, Volta Charging, National Grid Renewables, KOCH Industries, and Mobileye.