Kilowatt-hour

Columbia University Pledges Support of Solar Energy Project through Sol Systems in Croton-on-Hudson

Retrieved on: 
Tuesday, January 30, 2024

Washington, D.C., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Today, Sol Systems , a leading renewable energy company, announced a clean energy project for which Columbia University will act as anchor tenant.

Key Points: 
  • Washington, D.C., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Today, Sol Systems , a leading renewable energy company, announced a clean energy project for which Columbia University will act as anchor tenant.
  • "We are thrilled to be part of the Croton-Harmon community solar project," Andrew Grin, Enterprise Solutions at Sol Systems, said.
  • Columbia University signed on with the commitment to buy solar energy from the project through Con Edison over the next two decades.
  • Environ Energy served as Columbia University's energy consultant, and Arevon will serve as the long-term project owner.

Spearmint Energy Partners with Nuveen to Further Enhance Battery Storage Portfolio Development

Retrieved on: 
Thursday, February 1, 2024

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced the addition of Nuveen to its $200 million enhanced credit facility with Aiga Capital Partners (“Aiga”).

Key Points: 
  • Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced the addition of Nuveen to its $200 million enhanced credit facility with Aiga Capital Partners (“Aiga”).
  • The term loan supports the development of Spearmint’s 2.8 GW portfolio of battery energy storage system (“BESS”) assets, which includes over 1.0 GW of projects nearing construction in Texas’ ERCOT power market as well as Revolution, Spearmint’s 150 MW, 300 MWh BESS project in West Texas.
  • Don Dimitrievich, Portfolio Manager for Nuveen’s Energy Infrastructure Credit team, said, “We look forward to our partnership with Spearmint Energy in conjunction with Aiga, as Spearmint continues to rapidly expand its enhanced credit facilities.
  • Nuveen, an experienced and sophisticated energy transition investor, will be a valuable partner to help continue Spearmint’s buildout.”

New Data from ChargePoint Shows Pressure for More Charging Infrastructure Continues to Build

Retrieved on: 
Tuesday, January 30, 2024

Across the ChargePoint network globally, there was a 53% increase in annual charging sessions, dispensing over 1 TWh of energy in 2023, a 70% increase year-over-year.

Key Points: 
  • Across the ChargePoint network globally, there was a 53% increase in annual charging sessions, dispensing over 1 TWh of energy in 2023, a 70% increase year-over-year.
  • “Increased utilization pressure across all commercial segments demonstrates that EV charging has gone from a perk to necessity for businesses, their employees, and their customers,” said Rick Wilmer, CEO of ChargePoint.
  • ChargePoint defines “active ports” as the total number of charging ports on the ChargePoint network in North America and Europe with at least one charging session during the relevant period, excluding roaming ports.
  • A “charging session” is defined as a charging session on an active port where energy is dispensed during the relevant period.

Global E-Mobility Market Set to Hit $869.67 Billion, Growing at 14.8% CAGR, Fueled by Expanding Charging Infrastructure, Project Kings Research

Retrieved on: 
Thursday, February 1, 2024

Based on product, the e-mobility market is segregated into electric cars, electric scooters, electric motorcycles, electric bikes, and others.

Key Points: 
  • Based on product, the e-mobility market is segregated into electric cars, electric scooters, electric motorcycles, electric bikes, and others.
  • Moreover, advancements in fast-charging technologies and wireless charging, introducing compelling prospects to enhance user experiences, are supporting market development.
  • Several factors are currently facilitating the growth of the electric vehicle market, such as high initial costs, range anxiety, insufficient charging infrastructure, and prolonged charging times.
  • Government initiatives and policies in the APAC region play an integral role in promoting the expansion of the regional e-mobility market.

SigenStor: Delivering Comprehensive Power Outage Protection for the Netherlands

Retrieved on: 
Thursday, February 1, 2024

AMSTERDAM, Feb. 1, 2024 /PRNewswire/ -- Amsterdam recently grappled with a massive power outage, courtesy of the formidable Storm Isha, leaving a staggering 68,000 households in the dark.

Key Points: 
  • AMSTERDAM, Feb. 1, 2024 /PRNewswire/ -- Amsterdam recently grappled with a massive power outage, courtesy of the formidable Storm Isha, leaving a staggering 68,000 households in the dark.
  • Power outages don't merely disrupt daily life; they also deliver a significant blow to business operations.
  • Many enterprises suffered severe losses as their activities ground to a halt during these outages, underscoring the urgency of addressing power interruption challenges.
  • Returning to the scenario of a power outage, SigenStor accomplishes a seamless 0 ms switch to backup power supply through the Sigen Energy Gateway, a transition so swift that users won't even notice it.

Scout Signs Virtual Power Purchase Agreement with AdventHealth for Texas Wind Farm

Retrieved on: 
Thursday, February 1, 2024

BOULDER, Colo., Feb. 1, 2024 /PRNewswire/ -- Scout Clean Energy (Scout), a Colorado based renewable energy developer-owner-operator is pleased to announce they have signed a Virtual Power Purchase Agreement (VPPA) with AdventHealth for a 90-megawatt (MW) portion of Scout's Heart of Texas Wind Farm. This portion of the project is expected to generate 380,000 megawatt-hours (MWh) of renewable electricity annually -- matching approximately 40 percent of AdventHealth's current system-wide electrical needs.

Key Points: 
  • BOULDER, Colo., Feb. 1, 2024 /PRNewswire/ -- Scout Clean Energy (Scout), a Colorado based renewable energy developer-owner-operator is pleased to announce they have signed a Virtual Power Purchase Agreement (VPPA) with AdventHealth for a 90-megawatt (MW) portion of Scout's Heart of Texas Wind Farm.
  • "Scout's Heart of Texas Wind Farm is a wonderful example of how Texas wind energy can bring clean energy to the grid, and tax revenues and employment to the community," said Michael Rucker, chief executive officer and founder of Scout.
  • Heart of Texas is a 180 MW wind farm located near McCulloch County, Texas.
  • Based on a US EPA calculator , the Heart of Texas Wind Farm generates enough clean energy for the ERCOT grid to power approximately 67,000 homes.

EQS-News: Photon Energy Signs 20-year On-site Power Purchase Agreement with FORVIA Clarion Hungary for 13.5 GWh

Retrieved on: 
Tuesday, January 30, 2024

Under the power purchase agreement (PPA), Photon Energy will develop, build and operate a 630 kWp solar PV power plant on the customer’s premises which is projected to generate 13.5 GWh of electricity over the 20-year contract period.

Key Points: 
  • Under the power purchase agreement (PPA), Photon Energy will develop, build and operate a 630 kWp solar PV power plant on the customer’s premises which is projected to generate 13.5 GWh of electricity over the 20-year contract period.
  • Clarion Hungary, a subsidiary of the global automotive technology leader FORVIA, will be the corporate offtaker for 100% of the energy produced by the power plant upon its completion.
  • Amsterdam/Budapest – 30 Januray 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’) announces that its Hungarian subsidiary Photon New Energy Alfa Kft.
  • has signed a 20-year on-site power purchase agreement with FORVIA Clarion Hungary, a subsidiary of the global automotive industry leader FORVIA, for the construction and operation of an on-site solar PV power plant with an approximate capacity of 630 kWp.

Ørsted takes final investment decision on Farranrory Onshore Wind Farm in Ireland

Retrieved on: 
Tuesday, January 30, 2024

Ørsted has taken final investment decision (FID) on Farranrory Onshore Wind Farm in Tipperary, the company’s 22nd wind farm on the island of Ireland.

Key Points: 
  • Ørsted has taken final investment decision (FID) on Farranrory Onshore Wind Farm in Tipperary, the company’s 22nd wind farm on the island of Ireland.
  • This will bring Ørsted’s operational capacity across solar power and onshore wind in Ireland and Northern Ireland to over 500 MW.
  • The energy produced by Farranrory Onshore Wind Farm will be enough power the equivalent of Irish 25,000 homes with renewable electricity.
  • With today’s investment decision, the project will also install the necessary infrastructure to facilitate the wind farm connecting to the grid.

First Phosphate, American Battery Factory and Integrals Power Sign MOU to Produce LFP Cathode Active Material and Battery Cells in North America

Retrieved on: 
Thursday, January 25, 2024

The initiative ("LFP Project America") is to support ABF's eventual need for up to 40,000 tonnes of annual fully localized LFP CAM for LFP battery cell production in North America by 2028.

Key Points: 
  • The initiative ("LFP Project America") is to support ABF's eventual need for up to 40,000 tonnes of annual fully localized LFP CAM for LFP battery cell production in North America by 2028.
  • LFP Project America aims to eventually localize the entire production supply chain of LFP CAM, LFF battery cells storage devices for the battery storage sector to North America.
  • After the successful pilot for LFP Project America has been completed, the three parties will work together to build a North American supply plant to supply LFP CAM to ABF.
  • ABF intends to construct several other LFP battery manufacturing facilities across North America, each of which should require a similar amount of LFP CAM.

Stellantis Unveils BEV-native STLA Large Platform with 800 Km/500 Mile Range and the Ultimate Flexibility to Cover a Wide Spectrum of Vehicles

Retrieved on: 
Friday, January 19, 2024

“Our goals for our STLA platforms are ambitious but this is what our customers need from us today,” Stellantis CEO Carlos Tavares said.

Key Points: 
  • “Our goals for our STLA platforms are ambitious but this is what our customers need from us today,” Stellantis CEO Carlos Tavares said.
  • STLA Large is designed and engineered as a native BEV platform with the option of 400-volt and 800-volt electric architectures.
  • Overall, the STLA Large platform has the potential to carry extreme power that will outperform any of the existing Hellcat V-8s.
  • The STLA Large platform supports Stellantis’ next-generation electrical and software-defined vehicle technologies – STLA Brain, STLA SmartCockpit and STLA AutoDrive.