EDF Renewables

Global Energy as a Service (EaaS) Market to Reach $72.62 Billion by 2023, Fueled by Increasing Renewable Energy Adoption

Retrieved on: 
Monday, October 9, 2023
COVID-19, Electricite du Cambodge FC, General Electric Company, Johnson, ABB, Automation, Centrica, Internet, Edison International, Communication, CO2, Siemens, Cloud computing, Electricity, Honeywell, AltaGas, Environment, Growth, ENGIE, Schneider Electric, EDF Renewables, GE, Enel, Overalls, Internet of things, Renewable energy

Renewable energy is considered a vital means of safeguarding the environment due to its low to zero harmful pollutant emissions.

Key Points: 
  • Renewable energy is considered a vital means of safeguarding the environment due to its low to zero harmful pollutant emissions.
  • These factors have led to an increase in renewable energy generation, positively impacting the adoption of the EaaS model and driving the global energy as a service market's growth.
  • An initial challenge in implementing the EaaS model is installing renewable energy systems and battery storage systems at end-user facilities.
  • Industries relying on renewable energy sources experienced partial shutdowns or reduced operations due to rising cases, affecting renewable energy demand and the overall EaaS market.

Wind Energy Market to grow by USD 41.75 billion from 2021 to 2026 | The need for sustainable energy and increasing focus on energy security to boost market growth- Technavio

Retrieved on: 
Friday, October 6, 2023
Siemens Gamesa, Farm, Government, SB, Vestas, Swedish government response to the COVID-19 pandemic, Wind, USD, LM Wind Power, English v. General Electric Co., Electricity, NextEra Energy, Growth, ABB, Maintenance, EDF Renewables, Kilowatt-hour, Renewable energy, Pet industry

NEW YORK, Oct. 6, 2023 /PRNewswire/ -- The wind energy market is expected to grow by USD 41.75 billion from 2021 to 2026, according to Technavio.

Key Points: 
  • NEW YORK, Oct. 6, 2023 /PRNewswire/ -- The wind energy market is expected to grow by USD 41.75 billion from 2021 to 2026, according to Technavio.
  • The global off-grid wind energy market is expected to grow rapidly during the forecast period due to the Need for sustainable energy and an increasing focus on energy security.
  • Acciona SA - The company offers wind energy solutions such as construction to the operation and maintenance of wind farms.
  • The wind energy market share growth by the onshore segment will be significant during the forecast period.

EDF Renewables North America Signs Agreement with El Paso Electric for Solar+Storage Project

Retrieved on: 
Monday, September 25, 2023
Other Energy, Environment, Utilities, Sustainability, Alternative Energy, Energy, EDF, Industrial revenue bond, EV, Électricité de France, EPE, Rio Grande, Rio, Carbon, EDF Renewables, Marketing, Origination (telephony), Wind, IRB, El Paso Electric, PPA, Renewable energy

“We are very pleased to partner with El Paso Electric and contribute to its commitment to provide responsible, sustainable, and reliable energy to its customers,” said Matthew Beltz, Director, Origination & Power Marketing at EDF Renewables.

Key Points: 
  • “We are very pleased to partner with El Paso Electric and contribute to its commitment to provide responsible, sustainable, and reliable energy to its customers,” said Matthew Beltz, Director, Origination & Power Marketing at EDF Renewables.
  • EDF Renewables, one of the largest renewable developers in North America, is committed to providing solutions to meet our customer’s carbon-reduction goals.
  • 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.

Southern Power acquires Millers Branch Solar Facility

Retrieved on: 
Thursday, September 21, 2023
Wind, Electricity, Acquisition, Telangana State Southern Power Distribution Company Limited, Thermo Fisher Scientific, EDF Renewables, Miller Branch, Renewable energy, Southern Company, Southern Power

ATLANTA, Sept. 21, 2023 /PRNewswire/ -- Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced the acquisition of its 29th solar project — Millers Branch Solar Facility — from EDF Renewables.

Key Points: 
  • ATLANTA, Sept. 21, 2023 /PRNewswire/ -- Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced the acquisition of its 29th solar project — Millers Branch Solar Facility — from EDF Renewables.
  • "Millers Branch represents a significant milestone for Southern Power as we are entering this project with expansion opportunities," said Southern Power President Robin Boren.
  • Southern Power will lead the continued development and construction of Millers Branch, which is expected to achieve commercial operation in the fourth quarter of 2025.
  • With the addition of Millers Branch, Southern Power's solar portfolio consists of more than 2,590 MW of solar generation.

2023 Illinois Renewable Energy Conference returns September 20-21, 2023

Retrieved on: 
Tuesday, August 22, 2023
EDP Renováveis, Breakfast, Climate, Human, Illinois Department of Natural Resources, Student, Education, Illinois State University, Samsung C&T Corporation, Convention center, Multimedia, Wind, Invenergy, Illinois Commerce Commission, EDF Renewables, Energy policy, IPA, ICC, Apex, School, Illinois Department of Commerce and Economic Opportunity, Community, IDNR, Lunch, Enel, Education minister, Trade, ISU, IL, Conference, Commerce, Renewable energy

BLOOMINGTON-NORMAL, Ill., Aug. 22, 2023 /PRNewswire/ -- After a seven-year hiatus, the Illinois Renewable Energy Conference is returning to bring together professionals, educators, students and residents to learn and discuss all aspects of renewable energy in the state.

Key Points: 
  • BLOOMINGTON-NORMAL, Ill., Aug. 22, 2023 /PRNewswire/ -- After a seven-year hiatus, the Illinois Renewable Energy Conference is returning to bring together professionals, educators, students and residents to learn and discuss all aspects of renewable energy in the state.
  • The conference offers attendees the opportunity to hear speakers from across the nation discuss programs, projects and policies that effectively advance renewable energy in Illinois.
  • Attendees can expect to gain insights into industry trends, find solutions for integrating renewable energy sources and explore pathways to Illinois' clean energy transition.
  • Dr. Loomis previously hosted the Illinois Renewable Energy conference under ISU's Center for Renewable Energy for a number of years.

Canadian Solar Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 22, 2023
Borrowing base, Maintenance, IPO, Total, Senior, Shanghai Stock Exchange, FIT, Nominal power (photovoltaic), EPC, EDF Renewables, Sale, Regional effects of the 2021–2022 global energy crisis, Inflation, Investment, Depreciation, Shanghai Stock Exchange STAR Market, Engineering, Professional, Kilowatt-hour, CFO, Growth, Recurrence, GWP, Inflation Reduction Act of 2022, Silicon, Canadian Solar, PPA, Environment, Defense Innovation Board, Rare-earth element, Renewable energy, Pharmaceutical industry, Security (finance), Electric battery, Video game, Cryptocurrency, Propane, Bank, Oil

GUELPH, ON, Aug. 22, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • GUELPH, ON, Aug. 22, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the second quarter ended June 30, 2023.
  • Yan Zhuang, President of Canadian Solar's CSI Solar subsidiary, said, "CSI Solar achieved strong results in the second quarter despite the sharp decline in market prices.
  • Total operating expenses in the second quarter of 2023 were $216 million, compared to $172 million in the first quarter of 2023 and $255 million in the second quarter of 2022.
  • Depreciation and amortization charges in the second quarter of 2023 were $73 million, compared to $68 million in the first quarter of 2023 and $63 million in the second quarter of 2022.

Eco Wave Power is Officially Connected to Israeli Electrical Grid: The EWP-EDF One Station Supplies First Wave Energy to Country's Power Supply

Retrieved on: 
Tuesday, August 15, 2023
EDF, Tel Aviv, The Ancient Port of Jaffa, Port of Los Angeles, Electricity, Port, EDF Renewables, TEL, European, KW, IL, Floater, Calibration, Renewable energy

The EWP-EDF One power station we built in collaboration with and co-funding from EDF Renewables IL and the Israeli Energy Ministry.

Key Points: 
  • The EWP-EDF One power station we built in collaboration with and co-funding from EDF Renewables IL and the Israeli Energy Ministry.
  • The Israeli Energy Ministry has recognized the Eco Wave Power technology as a "pioneering technology".
  • The EWP-EDF One power station has an installed capacity of 100 KW, enough energy to power approximately 100 homes at peak efficiency.
  • "We are proud to see our vision of sustainable wave energy becoming a reality at the Port of Jaffa," said Eco Wave Power Founder and Chief Executive Officer Inna Braverman.

Eco Wave Power is Officially Connected to Israeli Electrical Grid: The EWP-EDF One Station Supplies First Wave Energy to Country's Power Supply

Retrieved on: 
Tuesday, August 15, 2023
EDF, Tel Aviv, The Ancient Port of Jaffa, Port of Los Angeles, Electricity, Port, EDF Renewables, TEL, European, KW, IL, Floater, Calibration, Renewable energy

The EWP-EDF One power station we built in collaboration with and co-funding from EDF Renewables IL and the Israeli Energy Ministry.

Key Points: 
  • The EWP-EDF One power station we built in collaboration with and co-funding from EDF Renewables IL and the Israeli Energy Ministry.
  • The Israeli Energy Ministry has recognized the Eco Wave Power technology as a "pioneering technology".
  • The EWP-EDF One power station has an installed capacity of 100 KW, enough energy to power approximately 100 homes at peak efficiency.
  • "We are proud to see our vision of sustainable wave energy becoming a reality at the Port of Jaffa," said Eco Wave Power Founder and Chief Executive Officer Inna Braverman.

CleanCapital Accelerates Community Solar in New York with 26 MW Acquisition

Retrieved on: 
Tuesday, August 15, 2023
New York (state), Upstate New York, Electricity, EPC, LMI, Energy, IRA, EDF Renewables, Inflation, Acquisition, National Grid, Engineering, Inflation Reduction Act of 2022, NYSERDA, Renewable energy

NEW YORK, Aug. 15, 2023 /PRNewswire-PRWeb/ -- CleanCapital, a diversified clean energy company focused on middle-market solar and storage, today announced it has closed on a portfolio of new construction community solar assets from EDF Renewables in Upstate New York. The portfolio includes three 6.7-megawatt (MW) projects—all of which are expected to complete construction this month—along with a 6.4 MW project on a former landfill that will commence construction later this year. Once in operation, the solar sites will deliver low-cost, renewable electricity to the communities of Herkimer, St. Lawrence, and Oneida Counties. In addition to developing the projects, EDF Renewables is also serving as the engineering, procurement, and construction (EPC) contractor for the projects on behalf of CleanCapital.

Key Points: 
  • NEW YORK, Aug. 15, 2023 /PRNewswire-PRWeb/ -- CleanCapital , a diversified clean energy company focused on middle-market solar and storage, today announced it has closed on a portfolio of new construction community solar assets from EDF Renewables in Upstate New York.
  • "The State of New York is at an acceleration point in its community solar programs and is fast approaching its goal of 6 GW of solar by 2025," stated Julia Bell, Chief Commercial Officer at CleanCapital.
  • "We are thrilled to contribute to the expansion of community solar in New York," said Rod Viens, Vice President & General Manager, Distribution-Scale Power at EDF Renewables.
  • "This acquisition continues our collaboration with CleanCapital, which began in 2021 with the acquisition of EDF Renewables' Massachusetts solar assets.

EDF Renewables North America Places Multi-Year Order for up to 7 GW of Canadian Solar's Made-in-USA Modules

Retrieved on: 
Wednesday, August 9, 2023
Partnership, IRA, EDF Renewables, Inflation, Investment, SAN, Solar energy, Inflation Reduction Act of 2022, LID, Topcon, Renewable energy, Canadian Solar

Under the agreement, Canadian Solar will be supplying its latest high efficiency N-Type TOPCon (Tunnel Oxide Passivated Contact) solar modules to support EDF Renewables' project pipeline in the U.S. between 2024 and 2030.

Key Points: 
  • Under the agreement, Canadian Solar will be supplying its latest high efficiency N-Type TOPCon (Tunnel Oxide Passivated Contact) solar modules to support EDF Renewables' project pipeline in the U.S. between 2024 and 2030.
  • The TOPCon modules will solidify Canadian Solar's mission to provide the best return on investment for its customers.
  • In July 2023, Canadian Solar announced it would invest over $250 million in a state-of-the-art solar photovoltaic module factory in Mesquite, Texas.
  • He added, "Today we solidify our existing partnership, formed in 2019, and also demonstrate our confidence in Canadian Solar.