Tehachapi Energy Storage Project

Trina Storage delivers 50MWh energy storage system for an integrated Fishery-Solar-Storage project in Hubei Province, China

Retrieved on: 
Thursday, November 16, 2023

MUNICH, Nov. 16, 2023 /PRNewswire/ -- Trina Storage , a global leader in energy storage products & solutions, is proud to announce that it has delivered a fully integrated 50MWh energy storage system for a hybrid fishery-solar-storage project in Tianmen, Hubei province, China.

Key Points: 
  • MUNICH, Nov. 16, 2023 /PRNewswire/ -- Trina Storage , a global leader in energy storage products & solutions, is proud to announce that it has delivered a fully integrated 50MWh energy storage system for a hybrid fishery-solar-storage project in Tianmen, Hubei province, China.
  • The project, now successfully connected to the grid, has a PV installed capacity of 400MW and is further supported by this energy storage system.
  • The project is equipped with a 1500 VDC energy storage system, comprising ten 2.5MW/5MWh Trina Storage battery cabinets.
  • At All-Energy Australia in October, Trina Solar introduced their latest generation utility scale battery product - Trina Storage Elementa 2, the 4MWh energy storage system, laying a solid foundation for the integrated PV and energy storage solutions.

Trina Storage delivers 50MWh energy storage system for an integrated Fishery-Solar-Storage project in Hubei Province, China

Retrieved on: 
Thursday, November 16, 2023

MUNICH, Nov. 16, 2023 /PRNewswire/ -- Trina Storage , a global leader in energy storage products & solutions, is proud to announce that it has delivered a fully integrated 50MWh energy storage system for a hybrid fishery-solar-storage project in Tianmen, Hubei province, China.

Key Points: 
  • MUNICH, Nov. 16, 2023 /PRNewswire/ -- Trina Storage , a global leader in energy storage products & solutions, is proud to announce that it has delivered a fully integrated 50MWh energy storage system for a hybrid fishery-solar-storage project in Tianmen, Hubei province, China.
  • The project, now successfully connected to the grid, has a PV installed capacity of 400MW and is further supported by this energy storage system.
  • The project is equipped with a 1500 VDC energy storage system, comprising ten 2.5MW/5MWh Trina Storage battery cabinets.
  • At All-Energy Australia in October, Trina Solar introduced their latest generation utility scale battery product - Trina Storage Elementa 2, the 4MWh energy storage system, laying a solid foundation for the integrated PV and energy storage solutions.

The City of Fresno Dept. of Public Utilities and ForeFront Power Break Ground on One of the Largest Combined On-Site Solar Energy and Battery Storage Projects in California

Retrieved on: 
Monday, October 23, 2023

FRESNO, Calif., Oct. 23, 2023 /PRNewswire/ -- The City of Fresno Department of Public Utilities (DPU) conducted a ground-breaking ceremony today for the development of its on-site solar energy and battery storage portfolio, which is now taking shape at three energy-intensive sites – the Fresno-Clovis Regional Wastewater Reclamation Facility, the Northeast Surface Water Treatment Facility, and the Southeast Surface Water Treatment Facility. DPU's 27 megawatt-DC (MW-DC) "behind-the-meter" portfolio is being developed in partnership with ForeFront Power, a leading developer of solar energy and battery storage projects in the U.S. and Mexico, and the projects will be constructed by local union labor from the IBEW Local 100.

Key Points: 
  • Under the terms of a Power Purchase Agreement (PPA) with the City, ForeFront Power develops, owns, and maintains the solar and storage portfolio.
  • Moreover, the City of Fresno will host the largest multi-campus solar energy and battery storage portfolio in the world at 34 MW-DC.
  • The City of Fresno procured its solar energy and smart battery storage assets by leveraging the Renewable Energy Aggregated Procurement ("REAP") Program .
  • Through REAP's integrated RFP process and PPA, the City of Fresno selected ForeFront Power to develop, finance, and construct its solar energy and energy storage portfolio.

Fluence Energy, Inc. Reports Second Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, May 10, 2023

Commenting on the quarter, Julian Nebreda, the Company’s President and Chief Executive Officer, said “We delivered a record quarter highlighted by our highest quarterly revenue.

Key Points: 
  • Commenting on the quarter, Julian Nebreda, the Company’s President and Chief Executive Officer, said “We delivered a record quarter highlighted by our highest quarterly revenue.
  • We are pulling forward our profitability timeline and now expect to be close to Adjusted EBITDA breakeven in the fourth fiscal quarter of 2023.
  • Furthermore, the Company is increasing its fiscal year 2023 adjusted gross profit4 guidance range to $110 million to $135 million.
  • The Company will conduct a teleconference starting at 8:30 a.m. EDT on Thursday, May 11th, 2023, to discuss the second fiscal quarter results.

Iconic Minerals and Nevada Lithium Enter into Letter of Intent to Consolidate 100% Ownership Interest in the Bonnie Claire Lithium Property, Nevada

Retrieved on: 
Monday, January 9, 2023

Nevada Lithium CEO, Stephen Rentschler, commented: "We are pleased to announce the signing of the LOI with Iconic for the Bonnie Claire Property.

Key Points: 
  • Nevada Lithium CEO, Stephen Rentschler, commented: "We are pleased to announce the signing of the LOI with Iconic for the Bonnie Claire Property.
  • With 100% consolidated ownership, the company's ability to negotiate with strategic investors and lithium end-users will be significantly enhanced.
  • Mr. Rentschler continued, "Lithium remains a key commodity component of electric vehicles, and recent lithium prices reflect the outlook for persistent lithium supply deficits.
  • I look forward to continuing to work with Richard and welcome Iconic shareholders to Nevada Lithium".

Ozop Energy Solutions, Inc. Reports Activity of its’ Wholly Owned Subsidiary Ozop Energy Systems, Inc.

Retrieved on: 
Wednesday, December 14, 2022

Warwick, NY, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Ozop Energy Solutions, Inc. (OZSC or the “Company”) issues the following update on its wholly owned subsidiary, Ozop Energy Systems, Inc. (“OZOP”).

Key Points: 
  • Warwick, NY, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Ozop Energy Solutions, Inc. (OZSC or the “Company”) issues the following update on its wholly owned subsidiary, Ozop Energy Systems, Inc. (“OZOP”).
  • Serna and Rodriguez, through YHS, were purchasing products from OZOP and resold the products to OZOP customers at a markup.
  • Ozop Capital Partners, Inc. is a wholly owned subsidiary of the Company, and wholly owns EV Insurance Company, Inc. (“EVIC”).
  • Ozop Energy Systems is a distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space.

Ozop Energy Solutions, Inc. Announces First Dealership for Vehicle Service Contracts for Electric Vehicles

Retrieved on: 
Wednesday, September 21, 2022

Warwick, NY, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Ozop Energy Solutions. Inc. (OZSC or the “Company”), is pleased to announce that it has signed its first auto dealership to sell Vehicle Service Contracts (“VSC’s”) for Electric Vehicles (“EV”). Sansone Jr’s Windsor Nissan is now an active dealership with GS Administrators, Inc., a member of Houston-based GSFSGroup. Under the Marketing and Claims Services Agreement, Sansone Nissan can sell EV VSC’s through their Finance and Insurance (“F&I”) department. Pursuant to the Company’s agreement with GSFSGroup, the Company can receive an Agent fee of up to $500, from which it will need to compensate any sub-agents associated with the sale of any EV VSC. Additionally, GSFSGroup will cede the premium for the entire VSC for any VSC’s marketed by Ozop Plus. Such premium will be recognized as earned premium over the term or life of each contract.

Key Points: 
  • Inc. (OZSC or the Company), is pleased to announce that it has signed its first auto dealership to sell Vehicle Service Contracts (VSCs) for Electric Vehicles (EV).
  • Sansone Jrs Windsor Nissan is now an active dealership with GS Administrators, Inc., a member of Houston-based GSFSGroup.
  • Additionally, GSFSGroup will cede the premium for the entire VSC for any VSCs marketed by Ozop Plus.
  • Ozop Energy Systems is a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space.

Ozop Energy Solutions, Inc. Announces Completion of Initial Projects for National Furniture Company

Retrieved on: 
Wednesday, September 7, 2022

Warwick, NY, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Ozop Energy Solutions. Inc. (OZSC) is pleased to announce that its subsidiary OZOP Engineering and Design (OED) has completed the first three lighting commissioning projects for a national furniture company. The projects completed are the first of over forty franchise locations that are marked to be programmed by OED through its’ relationship as a commissioning agent for their partners.

Key Points: 
  • Inc. (OZSC) is pleased to announce that its subsidiary OZOP Engineering and Design (OED) has completed the first three lighting commissioning projects for a national furniture company.
  • The projects completed are the first in approximately forty advanced lighting commissioning projects that are set to be completed throughout the US for this furniture retailer.
  • Ozop Energy Systems is a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space.
  • Ozop Capital Partners, Inc. is a majority owned subsidiary of the Company, and wholly owns EV Insurance Company, Inc. (EVIC).

Ozop Energy Solutions, Inc. Executes Agent Agreement

Retrieved on: 
Tuesday, August 9, 2022

Warwick, NY, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Ozop Energy Solutions. Inc. (OZSC), is pleased to announce that it has entered into an Agent Agreement with Royal Administration Services, Inc. (“Royal”). Under the agreement, OZOP Energy Solutions, Inc. (Ozop) will market Royal’s electric vehicle (EV) vehicle service contract (VSC). Royal has agreed to allow Ozop Plus on any VSC’s we have acted as the agent, to assume all of the risk related to the electric battery at an agreed upon premium. The battery premium is dependent on the consumer’s selection of the duration of the VSC, the miles selected for coverage and the type of vehicle that the consumer has purchased, with a key component being the kWh size of the battery. Royal has further agreed to cede to Ozop Plus the battery portion of the premium on any VSC they market through their own distribution channels. These VSC’s have a maximum of 10 years and 150,000 miles and cover new and used cars from model year 2017 and newer.

Key Points: 
  • Inc. (OZSC), is pleased to announce that it has entered into an Agent Agreement with Royal Administration Services, Inc. (Royal).
  • Under the agreement, OZOP Energy Solutions, Inc. (Ozop) will market Royals electric vehicle (EV) vehicle service contract (VSC).
  • Richard McCabe, President of Royal stated My team at Royal has had a great experience working with Ozop Plus.
  • Ozop Energy Systems is a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space.

Ozop Energy Solutions, Inc. Executes Marketing Agreement

Retrieved on: 
Tuesday, August 2, 2022

Warwick, NY, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Ozop Energy Solutions. Inc. (OZSC), is pleased to announce that it recently entered into an agreement with GS Administrators, Inc., a member of Houston-based GSFSGroup. Under the agreement, OZOP Energy Solutions, Inc. (Ozop) will market GSFSGroup’s electric vehicle (EV) vehicle service contract (VSC) in available states to Ozop’s network of new and used franchised dealerships and other eligible entities. Ozop’s role won’t be limited to marketing the product. The parties have plans for GSFSGroup to tap into Ozop’s experience relative to battery collection and disposal as well insurance risk sharing in connection with the insurance policies that back the VSCs.

Key Points: 
  • Under the agreement, OZOP Energy Solutions, Inc. (Ozop) will market GSFSGroups electric vehicle (EV) vehicle service contract (VSC) in available states to Ozops network of new and used franchised dealerships and other eligible entities.
  • The Ozop Plus team is committed to making Ozop Plus the premier provider for EV insurance products."
  • Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy.
  • Ozop Energy Systems is a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space.