EnergySolutions

1Click Heating and Cooling Strengthens Its Presence in Nova Scotia Through Collaboration with Comfort and Energy Solutions

Retrieved on: 
Thursday, December 14, 2023
Comfort, Partnership, Energy, Heat, EnergySolutions, Renewable energy

1Click Heating and Cooling is renowned for seamlessly integrating heat pump technology, offering eco-friendly alternatives for home heating and cooling needs.

Key Points: 
  • 1Click Heating and Cooling is renowned for seamlessly integrating heat pump technology, offering eco-friendly alternatives for home heating and cooling needs.
  • This collaboration with Comfort and Energy Solutions not only represents a strategic expansion but also reinforces the commitment to sustainable energy development in Nova Scotia.
  • Tyler Fenton of Comfort and Energy Solutions added, "Working alongside 1Click Heating and Cooling enables us to enhance our service offerings and bring energy-efficient solutions to more homes in Nova Scotia.
  • The joint efforts of 1Click Heating and Cooling and Comfort and Energy Solutions are set to elevate the standard for energy solutions in Nova Scotia.

JCP&L Proposes Expansion of Energy Efficiency Offerings

Retrieved on: 
Monday, December 4, 2023
Safety, NYSE, FirstEnergy, Whole-home DVR, JCP, Public, Cooking, Multimedia, Energy, Small business, EnergySolutions, Electricity, Family, HVAC, Business, BPU, FE, Renewable energy, Natural gas

HOLMDEL, N.J., Dec. 4, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power and Light (JCP&L) has filed for an expansion of its energy efficiency programs with the New Jersey Board of Public Utilities (BPU). The $964.2 million, two-and-a-half-year portfolio of programs would begin on Jan. 1, 2025, and is designed to achieve the electricity savings required by the New Jersey Clean Energy Act of 2018 and the BPU.

Key Points: 
  • The proposal includes the continuation of several core programs offered by JCP&L since July 2021 and introduces several new offerings.
  • Some of the programs include:
    A Whole Home Program that offers energy efficiency opportunities, such as assessments, to residential customers.
  • The Direct Install and Energy Solutions for Business Programs that offer assessments and financial support to small business and commercial customers for energy efficiency upgrades.
  • A Multifamily Program that offers financial incentives for in-unit and common area energy efficiency solutions, as well as more comprehensive solutions, such as whole-building retrofits.

Nth Cycle Closes $44 Million in Series B and Non-Dilutive Financing to Scale Clean Critical Metal Refining Technology

Retrieved on: 
Monday, December 4, 2023
Oyster, Senior, Entrepreneurship, Investment, IRA, Mining, Ecosystem, Caterpillar Inc., Electrification, Advanced Materials, Caterpillar, Inflation, Ministry of Energy, EnergySolutions, Water, The Oyster, Growth, Original equipment manufacturer, Miner, EV, MassMutual, Renewable energy

BOSTON, Dec. 4, 2023 /PRNewswire/ -- Nth Cycle, the innovative critical metals refining company, has closed $37 million in Series B and an additional $7 million in non-dilutive financing, led by VoLo Earth Ventures, a Colorado-based venture firm focused on climate solutions; MassMutual through the MM Catalyst Fund I, which invests in rural-based and Black-led businesses based in Massachusetts; Caterpillar Venture Capital Inc., a wholly-owned subsidiary of Caterpillar Inc., the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives; and Equinor Ventures, the venture capital arm of Equinor, a multinational energy company. Nth Cycle recently received two Department of Energy awards including $3 million from the Advanced Materials & Manufacturing Technologies Office (AMMTO) to drive the innovation required to strengthen America's competitiveness in a global net-zero economy.

Key Points: 
  • Nth Cycle Closes $44 Million in Series B and Non-Dilutive Financing to scale clean critical metal refining technology.
  • Nth Cycle's patented Electro-Extraction technology replaces conventional and energy-intensive pyrometallurgy, also known as smelting, with a clean and modular refining system, aptly named The Oyster.
  • The financing will be used to support Nth Cycle's commercialization through a new partner testing facility, commercial team growth and headquarters expansion.
  • Building critical relationships with our investors, partners and policymakers has been a key part of Nth Cycle's rapid growth to scale, and that commitment continues with this financing."

Countries, Companies Signal Support for Energy Transition Accelerator

Retrieved on: 
Sunday, December 3, 2023
SCALE, Energy transition, McDonald's, PepsiCo, United, Rockefeller Foundation, Mastercard, Element, Climate, Trane Technologies, Jeff Bezos, Conference, Environmental Defense Fund, Winrock International, Electricity, Bank of America, Government, GFANZ, Bank, Amazon, Climate Policy Initiative, International Energy Agency, Health, COP27, Letter, Schneider Electric, Salesforce, Morgan Stanley, Coalition, Partnership, EnergySolutions, World Bank, Carbon, Policy, World Bank Group, Developed country, COP28, Boston Consulting Group, Private sector, ETA, EDF, Standard Chartered, CPI, Cryptocurrency, Renewable energy, Walmart

"The Energy Transition Accelerator brings a market-based solution to the table, in turn unlocking billions of dollars for clean energy.

Key Points: 
  • "The Energy Transition Accelerator brings a market-based solution to the table, in turn unlocking billions of dollars for clean energy.
  • EDF is proud to have developed the Just Transition Framework for the Energy Transition Accelerator, guiding it toward a holistic approach with justice and equity at its core."
  • "The Energy Transition Accelerator can make a vital contribution to this transition by mobilizing a new source of climate finance, serving to bring together companies and others seeking to buy high-quality carbon credits with developing countries that are poised to invest.
  • The Department of State, the Bezos Earth Fund, and The Rockefeller Foundation are collaborating for the purpose of developing the Energy Transition Accelerator as an independent initiative.

Briggs & Stratton Energy Solutions Earns California's SGIP Designation

Retrieved on: 
Tuesday, November 28, 2023
Briggs & Stratton, Chemistry, Engineering, Senior, ESS, Multimedia, PHI, LFP, UL, Riverland Solar Storage, EnergySolutions, Ballarat Energy Storage System, Temperature, Electric battery

MILWAUKEE, Nov. 28, 2023 /PRNewswire/ -- The California Public Utilities Commission (CPUC) recently designated Briggs & Stratton Energy Solutions an approved California Manufacturer of energy storage systems (ESS). The company is one of only five manufacturers with this distinction, which benefits California residents by allowing an additional 20% incentive for the state's Self-Generation Incentive Program (SGIP).

Key Points: 
  • As a pioneer of LFP battery chemistry, Briggs & Stratton Energy Solutions has been designing and engineering batteries in California for more than ten years.
  • All batteries from Briggs & Stratton Energy Solutions have gone through UL 9540A fire safety testing, and AmpliPHI and PHI batteries are certified to UL 9540 for use in ESS.
  • The innovative, modular battery technology from Briggs & Stratton Energy Solutions can easily be scaled to increase capacity as needed for use in grid-tied backup, solar+storage or demand response applications.
  • Briggs & Stratton Energy Solutions draws on 115 years of experience in power generation to meet today's evolving energy needs with a complete line of backup energy products, including Energy Storage Systems (ESS) and standby generators .

PSE&G Highlights Energy Efficiency Achievements: $370 Million in Customer Savings and More Than 1.2 Million Metric Tons of Carbon Emissions Reduced/Avoided Annually

Retrieved on: 
Wednesday, November 15, 2023
CEF, Carbon, Recycling, Public, LED, PSE&G, Gas, Edison Electric Institute, Natural gas, EnergySolutions, Growth, Electricity, PSE, Mid-Atlantic (United States), Renewable energy

NEWARK, N.J. , Nov. 15, 2023 /PRNewswire/ -- PSE&G's latest report on its Clean Energy Future Energy Efficiency (CEF-EE) initiatives indicates that, from the program's implementation through June 2023, approximately 1.8 million customers have benefited from PSE&G's award-winning energy efficiency programs.  Among these customers, 300,000 have actively taken steps to conserve energy and save money by leveraging a suite of energy efficiency offerings.

Key Points: 
  • Among these customers, 300,000 have actively taken steps to conserve energy and save money by leveraging a suite of energy efficiency offerings.
  • Participating natural gas customers are expected to save a total of approximately 40 million  therms of natural gas per year.
  • Karen Reif, vice president of Renewables and Energy Solutions at PSE&G shared, "We take pride in the achievements of our energy efficiency programs.
  • For the second consecutive year, PSE&G is the recipient of the ENERGY STAR Partner of the Year award in the Energy Efficiency Program Delivery category.

Aker Carbon Capture awarded feasibility study by MAN Energy Solutions to develop power-to-fuel solution

Retrieved on: 
Wednesday, November 15, 2023
Carbon, CCUS, MAN Energy Solutions, Business development, Just, CO2, Electrolysis, Methane, Partnership, EnergySolutions, Heat, Electricity, Knudsen, Renewable energy, Coal, Natural gas, LNG

OSLO, Norway, Nov. 15, 2023 /PRNewswire/ -- MAN Energy Solutions has awarded Aker Carbon Capture a feasibility study to develop a joint power-to fuel-solution.

Key Points: 
  • OSLO, Norway, Nov. 15, 2023 /PRNewswire/ -- MAN Energy Solutions has awarded Aker Carbon Capture a feasibility study to develop a joint power-to fuel-solution.
  • The study, which extends Aker Carbon Capture's partnership with MAN Energy Solutions, investigates the full integration of Aker Carbon Capture's standardized and modularized Just Catch 100 unit into a full power-to-fuel solution.
  • Our partnership builds on the ongoing delivery to Heidelberg Materials' Brevik CCS project", said Jon Christopher Knudsen, Chief Commercial Officer at Aker Carbon Capture.
  • Therefore, we are looking forward to collaborating with Aker Carbon Capture who have various references in the field of carbon capture", said Ulrich Vögtle, Head of Business Development and New Solutions at MAN Energy Solutions.

Aker Carbon Capture awarded feasibility study by MAN Energy Solutions to develop power-to-fuel solution

Retrieved on: 
Wednesday, November 15, 2023
Carbon, CCUS, MAN Energy Solutions, Business development, Just, CO2, Electrolysis, Methane, Partnership, EnergySolutions, Heat, Electricity, Knudsen, Renewable energy, Coal, Natural gas, LNG

OSLO, Norway, Nov. 15, 2023 /PRNewswire/ -- MAN Energy Solutions has awarded Aker Carbon Capture a feasibility study to develop a joint power-to fuel-solution.

Key Points: 
  • OSLO, Norway, Nov. 15, 2023 /PRNewswire/ -- MAN Energy Solutions has awarded Aker Carbon Capture a feasibility study to develop a joint power-to fuel-solution.
  • The study, which extends Aker Carbon Capture's partnership with MAN Energy Solutions, investigates the full integration of Aker Carbon Capture's standardized and modularized Just Catch 100 unit into a full power-to-fuel solution.
  • Our partnership builds on the ongoing delivery to Heidelberg Materials' Brevik CCS project", said Jon Christopher Knudsen, Chief Commercial Officer at Aker Carbon Capture.
  • Therefore, we are looking forward to collaborating with Aker Carbon Capture who have various references in the field of carbon capture", said Ulrich Vögtle, Head of Business Development and New Solutions at MAN Energy Solutions.

TC Energy reports strong third quarter 2023 operating and financial results and achieves mechanical completion on Coastal GasLink ahead of target

Retrieved on: 
Wednesday, November 8, 2023
TC, PIN, Dampier to Bunbury Natural Gas Pipeline, US, Pipeline, Public expenditure, EST, Unit, Coastal GasLink Pipeline, Chairperson, CFE, Comparable, Environment, Bruce Power, Capital expenditure, Calendar, Natural gas, Capital, Sale, GTN, EDGAR, Keystone Pipeline, GAAP, Maintenance, TC Energy, Webcast, Investment, MST, Coast, VDR, Sustainability, EnergySolutions, History, MD, Growth, NiSource, Season, Finance, Audit, Water, GIP, EBITDA, USNG, LNG Canada, FERC, Governance, Annual report, Risk management, Oil, Safety, Health, LNG

Project execution: Coastal GasLink achieves mechanical completion, while continuing to advance Southeast Gateway

Key Points: 
  • Project execution: Coastal GasLink achieves mechanical completion, while continuing to advance Southeast Gateway
    We are pleased to announce that the Coastal GasLink project has achieved mechanical completion ahead of our year-end target.
  • In October, the project achieved 100 per cent pipe installation following the final weld at the base of Cable Crane Hill.
  • Land rights and rights of way negotiations have closed, and all critical permits for onshore construction have been received.
  • Closing of this transaction is a major step towards reaching TC Energy’s 2024 year-end leverage target of 4.75 times debt-to-EBITDA.

Fluor Reports Third Quarter 2023 Results

Retrieved on: 
Friday, November 3, 2023
Engineering, Other Construction & Property, Manufacturing, Construction & Property, Building Systems, Other Manufacturing, Sale, Mining, EnergySolutions, EBITDA, Telephone, News, GAAP, PBSC Urban Solutions, FEMA, Growth, EPS, ID, Webcast, Stork, Depreciation, Table, Video game, NuScale Power

Energy Solutions reported a profit of $177 million in the third quarter compared to $59 million in the third quarter of 2022.

Key Points: 
  • Energy Solutions reported a profit of $177 million in the third quarter compared to $59 million in the third quarter of 2022.
  • New awards in the quarter totaled $3.3 billion, compared to $3.6 billion in the third quarter of 2022.
  • Urban Solutions reported a profit of $66 million in the third quarter compared to a $50 million loss in the third quarter of 2022.
  • Mission Solutions reported a profit of $38 million in the third quarter compared to $29 million in the third quarter of 2022.