PPA

Ecolab Achieves 100% Renewable Electricity in Europe With the Completion of Windfarm Development Project

Retrieved on: 
Wednesday, March 13, 2024
Other Energy, Manufacturing, Environmental Issues, Environmental Health, Energy, Professional Services, Environmental, Social and Governance (ESG), Other Science, Other Natural Resources, Environment, Sustainability, Natural Resources, Science, Other Manufacturing, Carbon, Electricity, RD&E, Growth, Inc., Global warming potential, Hygiene, Information economy, PPA, RE100, Renewable energy

Now, the windfarm has reached full commercial operation, and its 30MW capacity will generate approximately 100GWh of electricity annually.

Key Points: 
  • Now, the windfarm has reached full commercial operation, and its 30MW capacity will generate approximately 100GWh of electricity annually.
  • This achievement elevates the company’s global renewable electricity sourcing level to 80%, marking a significant stride in Ecolab’s journey to achieving 100% renewable electricity globally by 2030, a key component of Ecolab’s 2030 Impact Goals.
  • Ecolab’s Power Purchase Agreements and its other initiatives put the company on pace to achieve its renewable electricity targets by 2030.
  • That’s well ahead of guidelines outlined by RE100 , a global corporate initiative focused on achieving 100% renewable electricity by 2050, of which Ecolab is a member.

Standard Solar Acquires 18-Megawatt Solar Project Portfolio in Vermont, Reinforcing its Commitment to the State’s Renewable Energy Market

Retrieved on: 
Monday, March 11, 2024
Alternative Energy, Energy, Environment, Other Energy, Utilities, Solar energy, Partnership, Policy, Business development, Acquisition, Evergreen Solar, PPA, State, Renewable energy

Standard Solar , a leading commercial and community solar developer and asset owner, today announced the acquisition of an 18.5-megawatt (MW) solar project portfolio in Vermont from local developer MHG Solar.

Key Points: 
  • Standard Solar , a leading commercial and community solar developer and asset owner, today announced the acquisition of an 18.5-megawatt (MW) solar project portfolio in Vermont from local developer MHG Solar.
  • This purchase underscores Standard Solar’s commitment to promoting sustainable energy solutions and advancing the development of solar power in the region.
  • Standard Solar announced its first project partnership with MHG Solar in 2020 for a 3.2 MW solar project in Wallingford, Vermont.
  • This collaboration marked a pivotal moment in Standard Solar’s commitment to advancing renewable energy solutions in the Vermont solar market.

Primergy Secures $588M in Project Financing and Power Purchase Agreement with Microsoft for 408 MW Solar Project in Texas

Retrieved on: 
Monday, March 11, 2024
Green Technology, Environment, Other Science, Other Technology, Sustainability, Urban Planning, Finance, Other Construction & Property, Professional Services, Science, Other Natural Resources, Technology, Commercial Building & Real Estate, Other Energy, Construction & Property, Utilities, Alternative Energy, Natural Resources, Energy, Slate, Microsoft, Commerzbank, Organization, MUFG Bank, Solar energy, Norddeutsche Landesbank, Partnership, SMBC, BNP Paribas, Rabobank, Investment banking, Safety, KeyBank, Latham & Watkins, MUFG, PPA, Engineering, Renewable energy

Primergy Solar LLC (‘Primergy’), a leading developer, owner, and operator of utility-scale solar and storage projects, announced today that it closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas.

Key Points: 
  • Primergy Solar LLC (‘Primergy’), a leading developer, owner, and operator of utility-scale solar and storage projects, announced today that it closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas.
  • The company also signed a long-term power purchase agreement with Microsoft for the full capacity of the plant.
  • Once completed, the project is expected to generate enough carbon-free energy to power the equivalent of approximately 90,000 homes per year.
  • The Ash Creek Solar project debt financing includes a construction loan, tax credit transfer bridge loan, and related letters of credit.

Centerline Athletics Redefines Pickleball Apparel at Inaugural RacquetX Event

Retrieved on: 
Thursday, April 4, 2024
Partnership, Athlete, Woman, Pickleball, Social media, SPF, PPA, Growth, Center line, Sport

MENASHA, Wis., April 4, 2024 /PRNewswire/ -- Last week marked the much-anticipated launch of Centerline Athletics, a revolutionary performance clothing line designed by pickleball players for pickleball players.

Key Points: 
  • MENASHA, Wis., April 4, 2024 /PRNewswire/ -- Last week marked the much-anticipated launch of Centerline Athletics, a revolutionary performance clothing line designed by pickleball players for pickleball players.
  • The brand made its grand debut at the inaugural RacquetX event, showcasing its commitment to elevating the pickleball experience through high-quality, athlete-approved apparel for both men and women.
  • Wilson's endorsement signifies Centerline Athletic's unwavering dedication to crafting performance-driven clothing that resonates with the pickleball community.
  • For more information about Centerline Athletics and its innovative pickleball apparel, please visit CenterlineAthletics.com and follow us on social media - @CenterlineAthletics .

Zimmer Biomet Becomes First and Only Official Medical Device Partner of Association of Pickleball Players, Professional Pickleball Association, and USA Pickleball

Retrieved on: 
Thursday, April 4, 2024
Arthralgia, Health, Organization, USA Pickleball, Importance, Television, Education, Pickleball, Consciousness raising, Naming, Quality of life, Life, Sport, Trusted Partner, Zimmer Biomet, APP, Pain, PPA

WARSAW, Ind., April 4, 2024 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced partnerships with three top pickleball organizations in the United States, becoming the first and only medical device partner for the sport of pickleball. As partners of Zimmer Biomet, the Association of Pickleball Players (APP), Professional Pickleball Association (PPA Tour), and USA Pickleball, the National Governing Body for pickleball, have aligned with the company to alleviate pain and improve the quality of life for the 48.3 million pickleball players1 and millions of spectators across the United States. Of those 48.3 million players, more than half of core players—those who play eight or more times a year—are 55 or older, and almost a third are 65-plus.2

Key Points: 
  • As partners of Zimmer Biomet, the Association of Pickleball Players (APP), Professional Pickleball Association (PPA Tour), and USA Pickleball, the National Governing Body for pickleball, have aligned with the company to alleviate pain and improve the quality of life for the 48.3 million pickleball players1 and millions of spectators across the United States.
  • "Zimmer Biomet is the trusted partner for those who suffer from joint pain.
  • We understand the important role of advanced technology in joint replacement, efficient recovery, and getting back to enjoying life both on and off the court.
  • Pickleball's popularity extends beyond play on the court.

Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2023

Retrieved on: 
Sunday, March 31, 2024
Shekel, Season, Tax, Agreement, Dorad Power Station, SWAP, Sale, P-50, Depreciation, Disclosure, Bank statement, RDL, Electricity, Klahim, Legislation, AMPA, Iron, Public expenditure, Good, Israeli new shekel, PPA, Zorlu, Komemiyut, Bank Mizrahi-Tefahot, Acquisition, PV, EBIDTA, Loss, D&O, Greenhouse, Government, Total, Renewable energy

•  Operating expenses were approximately €22.9 million for the year ended December 31, 2023, compared to approximately €23.7 million for the year ended December 31, 2022.

Key Points: 
  • •  Operating expenses were approximately €22.9 million for the year ended December 31, 2023, compared to approximately €23.7 million for the year ended December 31, 2022.
  • •  Project development costs were approximately €4.5 million for the year ended December 31, 2023, compared to approximately €3.8 million for the year ended December 31, 2022.
  • During 2023, the Ellomay Solar project (28 MW) produced revenues from the sale of electricity and green certificates of approximately €4 million.
  • The Company's EBITDA may not be indicative of the Company's historic operating results; nor is it meant to be predictive of potential future results.

"Everything Is Better At The Picklr" - Drew Brees Stars in Franchise's New Commercial

Retrieved on: 
Tuesday, March 26, 2024
Element, Laughter, Nike, Athlete, Friends, PPA, NFL, Arnold Schwarzenegger, LeBron James, Lululemon Athletica, Entertainment

KAYSVILLE, Utah, March 26, 2024 /PRNewswire/ -- The Picklr, North America's fastest-growing indoor pickleball facility, released its latest commercial, Everything's Better At The Picklr, featuring NFL icon and Picklr franchise owner, Drew Brees. The humorous spot shows what it can feel like when you stop playing pickleball on weather-dependent outdoor courts and start playing in a climate-controlled premier club. From their unrivaled membership benefits to state-of-the-art facilities, The Picklr believes playing at their club should feel over the top every time. With the demand for courts evergrowing and over 250 indoor pickleball facilities opening in the next few years, The Picklr offers an oasis where players can indulge in the thrill of pickleball while escaping the elements.

Key Points: 
  • KAYSVILLE, Utah, March 26, 2024 /PRNewswire/ -- The Picklr , North America's fastest-growing indoor pickleball facility, released its latest commercial, Everything's Better At The Picklr , featuring NFL icon and Picklr franchise owner, Drew Brees.
  • From their unrivaled membership benefits to state-of-the-art facilities, The Picklr believes playing at their club should feel over the top every time.
  • A perfumer delights in spraying players with the "scent of success" emanating from a bottle shaped like a pickleball.
  • When players think it can't get any better, they're greeted by their pickleball mentor, Drew Brees himself, whose infectious energy and expertise elevates their game to new heights.

EDP Renewables and Walmart Announce 15-Year Power Purchase Agreement in Texas

Retrieved on: 
Tuesday, March 26, 2024
Electricity, EDPR, Walmart, School, Carbon footprint, Quality of life, Wind, Restaurant, River source, PPA, EDP Renewables North America, Renewable energy

HOUSTON, March 26, 2024 /PRNewswire/ -- EDP Renewables North America LLC (EDPR NA) and Walmart Inc. have signed a 15-year power purchase agreement (PPA) for a portion of a new 180-megawatt (MWac) solar project in Texas. Under the PPA, Walmart will be an offtaker for 162 MWac, complementing its current corporate procurement from EDPR NA projects of 233 MWac of utility-scale solar and wind energy and 36 MWac of distributed solar.

Key Points: 
  • HOUSTON, March 26, 2024 /PRNewswire/ -- EDP Renewables North America LLC ( EDPR NA ) and Walmart Inc. have signed a 15-year power purchase agreement (PPA) for a portion of a new 180-megawatt (MWac) solar project in Texas.
  • The new utility-scale project will power the equivalent of more than 27,000 homes in the Lone Star state each year.
  • "Walmart has shown immense leadership in driving local environmental stewardship and supporting the local economies of its employees' and customers' communities," added Sandhya Ganapathy , EDP Renewables North America CEO.
  • Since 2018, Walmart has been working with both EDPR NA's utility-scale and distributed generation business (EDPR NA Distributed Generation – "EDPR NA DG").

SWIFT CURRENT ENERGY ANNOUNCES POWER PURCHASE AGREEMENT AND TAX EQUITY FINANCING FOR 260 MW SOLAR PROJECT IN TEXAS

Retrieved on: 
Tuesday, March 26, 2024
Diamond, Electricity, Associated Banc-Corp, Solar energy, Project, Swift Current, Vinson & Elkins, City, Carbon, UnitedHealth Group, Morgan Stanley, ATI Technologies, NRG Energy, PPA, Willkie Farr & Gallagher, First Solar, Renewable energy

HOUSTON, March 26, 2024 /PRNewswire/ -- Swift Current Energy ("Swift Current") today announced that its 260 MWdc Tres Bahias Solar project ("Tres Bahias" or the "Project") located on the Gulf Coast of Texas is now powering City of Houston facilities through a power purchase agreement ("PPA") with an affiliate of NRG Energy, Inc. ("NRG Energy"). Tres Bahias is the largest operating solar project in Calhoun County, Texas and the third largest in the Texas Gulf Coast region.

Key Points: 
  • Solar energy generated from Tres Bahias Solar will supply power to City of Houston facilities via a PPA with an NRG Energy, Inc. affiliate
    HOUSTON, March 26, 2024 /PRNewswire/ -- Swift Current Energy ("Swift Current") today announced that its 260 MWdc Tres Bahias Solar project ("Tres Bahias" or the "Project") located on the Gulf Coast of Texas is now powering City of Houston facilities through a power purchase agreement ("PPA") with an affiliate of NRG Energy, Inc. ("NRG Energy").
  • Tres Bahias is the largest operating solar project in Calhoun County, Texas and the third largest in the Texas Gulf Coast region.
  • Swift Current previously announced that ING Capital, LLC provided construction financing for the Project, with Siemens Financial Services and Associated Bank as additional lenders in the construction financing.
  • A portion of the solar energy generated from the Project will be used to power some City of Houston facilities.

ATLAS RENEWABLE ENERGY AND COPEC'S ENERGY STORAGE DEAL USHERS NEW ERA FOR LATIN AMERICA'S GRID TRANSFORMATION

Retrieved on: 
Thursday, March 21, 2024
COPEC, Renewable energy, NCRE, PPA, BESS, Atlas

SANTIAGO, Chile, March 21, 2024 /PRNewswire/ -- Atlas Renewable Energy, an international leader in clean energy generation, marks a new milestone in Chile after signing a power purchase agreement (PPA) for the use of a battery energy storage system with the Chilean company COPEC, through its energy commercializer EMOAC for 15 years.

Key Points: 
  • The agreement between Atlas Renewable Energy and COPEC, through its energy commercializer, EMOAC, considers storing energy to reinject approximately 3.6 TWh of sustainable energy into the grid at peak demand times for 15 years.
  • BESS del Desierto will be one of the largest energy storage projects in Chile and Latin America, with an installed capacity of 200 MW and four hours and a storage capacity of 800 MWh.
  • The project will allow for the storage of energy during daylight hours and re-injection into the grid during high demand.
  • "This deal marks our expansion into battery energy storage technology, establishing Atlas as an early adopter in Latin America.