EDF Renewables

SBM Offshore Full Year 2023 Earnings

Retrieved on: 
Thursday, February 29, 2024

As of December 31, 2023 SBM Offshore outperformed with the actual being 1.18 mmscft/d, which is 17% lower compared with 2022.

Key Points: 
  • As of December 31, 2023 SBM Offshore outperformed with the actual being 1.18 mmscft/d, which is 17% lower compared with 2022.
  • Floating offshore wind – SBM Offshore has installed its first commercial pilot project in floating offshore wind.
  • SBM Offshore has scheduled a conference call together with a webcast, which will be followed by a Q&A session, to discuss the Full Year 2024 Earnings release.
  • SBM Offshore designs, builds, installs and operates offshore floating facilities for the offshore energy industry.

EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Solar+Storage Energy Project

Retrieved on: 
Tuesday, February 27, 2024

EDF Renewables North America today announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project.

Key Points: 
  • EDF Renewables North America today announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project.
  • Located on federal land in the southern Nevada desert, the Project expects to create approximately 500 jobs during the peak construction phase.
  • EDF Renewables North America is a market leading independent power producer and service provider with 35 years of expertise in renewable energy.
  • EDF Renewables North America is a subsidiary of EDF Renewables, the dedicated renewable energy affiliate of the EDF Group.

Canadian Solar Celebrates Contribution to Historic 100% Renewable Energy-Powered Super Bowl LVIII in Las Vegas

Retrieved on: 
Thursday, February 29, 2024

GUELPH, ON, Feb. 29, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today its pivotal role in powering the Super Bowl LVIII that was held at Allegiant Stadium in Las Vegas, Nevada on February 11, 2024.

Key Points: 
  • GUELPH, ON, Feb. 29, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today its pivotal role in powering the Super Bowl LVIII that was held at Allegiant Stadium in Las Vegas, Nevada on February 11, 2024.
  • The first-ever Super Bowl to be powered entirely by renewable energy, this historic event sourced electricity from the Arrow Canyon solar and energy storage project in Nevada.
  • Developed, owned, and operated by EDF Renewables, the Arrow Canyon project uses more than 600,000 Canadian Solar photovoltaic solar modules.
  • This achievement underscores Canadian Solar's commitment to advancing renewable energy solutions and demonstrates the effectiveness of solar technology in meeting the energy needs of large-scale events."

Global Energy as a Service Market to Hit USD 135.22 Billion by 2030, Exhibiting a Strong 10.12% CAGR, with North America Leading the Industry Due to Favorable Government Initiatives, Estimates Kings Research

Retrieved on: 
Friday, February 9, 2024

With a focus on post subsidy renewable energy sales as well as risk management, Pexapark set out to establish price transparency to 19 global markets.

Key Points: 
  • With a focus on post subsidy renewable energy sales as well as risk management, Pexapark set out to establish price transparency to 19 global markets.
  • The rise in the demand for reliable and eco-friendly energy sources is the key driving force behind this significant expansion.
  • North America is projected to lead the global energy as a service market in the foreseeable future, growing at a robust 7.26% CAGR from 2023 to 2030.
  • Furthermore, North America's leading market players and advanced technological infrastructure play a pivotal role in establishing its prominence in the global energy as a service industry.

Global Energy as a Service Market to Hit USD 135.22 Billion by 2030, Exhibiting a Strong 10.12% CAGR, with North America Leading the Industry Due to Favorable Government Initiatives, Estimates Kings Research

Retrieved on: 
Friday, February 9, 2024

With a focus on post subsidy renewable energy sales as well as risk management, Pexapark set out to establish price transparency to 19 global markets.

Key Points: 
  • With a focus on post subsidy renewable energy sales as well as risk management, Pexapark set out to establish price transparency to 19 global markets.
  • The rise in the demand for reliable and eco-friendly energy sources is the key driving force behind this significant expansion.
  • North America is projected to lead the global energy as a service market in the foreseeable future, growing at a robust 7.26% CAGR from 2023 to 2030.
  • Furthermore, North America's leading market players and advanced technological infrastructure play a pivotal role in establishing its prominence in the global energy as a service industry.

mPrest Selected as DERMS Provider for EDF Renewables

Retrieved on: 
Sunday, February 4, 2024

PETACH TIKVA, Israel, Feb. 4, 2024 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware, as well as Behind the Meter, Distributed Energy Resource Management Systems (DERMS), has been chosen by EDF Renewables Israel Ltd., a subsidiary of EDF Renewables SA, an international energy company which develops, builds, and operates renewable power generation plants, and is a leader in the competitive renewable energy market, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.

Key Points: 
  • PETACH TIKVA, Israel, Feb. 4, 2024 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware, as well as Behind the Meter, Distributed Energy Resource Management Systems (DERMS), has been chosen by EDF Renewables Israel Ltd., a subsidiary of EDF Renewables SA, an international energy company which develops, builds, and operates renewable power generation plants, and is a leader in the competitive renewable energy market, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.
  • EDF Renewables Israel is the leading company in the growing competitive distributed energy market in Israel.
  • To maximize its trading profits between the energy market, distributed generation and storage, and energy sales to customers, EDF Renewables Israel requires a sophisticated Virtual Power Plant (VPP) platform.
  • We are therefore honored to partner with EDF Renewables, in optimizing and managing their distributed flexibility and energy trading profits".

mPrest Selected as DERMS Provider for EDF Renewables

Retrieved on: 
Sunday, February 4, 2024

PETACH TIKVA, Israel, Feb. 5, 2024 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware, as well as Behind the Meter, Distributed Energy Resource Management Systems (DERMS), has been chosen by EDF Renewables Israel Ltd., a subsidiary of EDF Renewables SA, an international energy company which develops, builds, and operates renewable power generation plants, and is a leader in the competitive renewable energy market, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.

Key Points: 
  • PETACH TIKVA, Israel, Feb. 5, 2024 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware, as well as Behind the Meter, Distributed Energy Resource Management Systems (DERMS), has been chosen by EDF Renewables Israel Ltd., a subsidiary of EDF Renewables SA, an international energy company which develops, builds, and operates renewable power generation plants, and is a leader in the competitive renewable energy market, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.
  • EDF Renewables Israel is the leading company in the growing competitive distributed energy market in Israel.
  • To maximize its trading profits between the energy market, distributed generation and storage, and energy sales to customers, EDF Renewables Israel requires a sophisticated Virtual Power Plant (VPP) platform.
  • We are therefore honored to partner with EDF Renewables, in optimizing and managing their distributed flexibility and energy trading profits".

MOVE ‘EM OUT Supports Eight New Jersey Shore Towns' Lawsuit Against Economically Devastating Development of Atlantic Shore Turbines

Retrieved on: 
Thursday, January 11, 2024

The lawsuit filed by New Jersey law firm Pashman Stein Walder Hayden ( read here ), against The New Jersey Department of Environmental Protection (NJDEP) details the detrimental impacts of The Atlantic Shore Projects and direct call to action for a fair and impartial administrative hearing.

Key Points: 
  • The lawsuit filed by New Jersey law firm Pashman Stein Walder Hayden ( read here ), against The New Jersey Department of Environmental Protection (NJDEP) details the detrimental impacts of The Atlantic Shore Projects and direct call to action for a fair and impartial administrative hearing.
  • Murphy has issued several Executive Orders in support of Atlantic Shores and has demanded swift approval of the project.
  • DEP Commissioners are appointed by the Governor and cannot make an independent analysis according to the lawsuit.
  • The Atlantic Shores New Jersey wind farm project is planning to build 300 wind turbines, a mere 9 miles off New Jersey’s coast, with technology that is unproven and untested.

EDF Renewables North America and Enbridge Announce Commercial Operation of Fox Squirrel Phase 1

Retrieved on: 
Wednesday, January 10, 2024

"The development and operation of Phase 1 marks a significant milestone in our journey to drive Ohio’s future with clean, decarbonized electricity,” said Kate O’Hair, Senior Vice President for Onshore Development.

Key Points: 
  • "The development and operation of Phase 1 marks a significant milestone in our journey to drive Ohio’s future with clean, decarbonized electricity,” said Kate O’Hair, Senior Vice President for Onshore Development.
  • “The development of this project will support local communities and deliver clean power for our customer.
  • EDF Renewables, with its extensive experience and track record of success, is dedicated to providing solutions that help customers achieve their carbon-reduction goals.
  • 1 According to U.S. Energy Information Administration (EIA) 2022 Residential Electricity Sales and U.S. Census Data and typical transmission assumptions.

Kraken acquires Sennen to improve renewable asset management capabilities

Retrieved on: 
Wednesday, December 20, 2023

Its tech platform, Kraken, connects up all parts of the energy system, from customer billing to flexible management of renewable generation and energy devices.

Key Points: 
  • Its tech platform, Kraken, connects up all parts of the energy system, from customer billing to flexible management of renewable generation and energy devices.
  • The Sennen software uses the latest cloud technology to streamline oversight, maintenance and daily operation of renewable energy projects.
  • Joining forces with Sennen will enhance Kraken’s asset management offering, allowing it to develop more innovative products and services.
  • Players in asset management have traditionally relied on legacy systems, lacking the bleeding-edge tech that modern renewable energy operations demand.