Kilowatt-hour

General Motors and Samsung SDI Plan to Invest More than $3 Billion to Expand U.S. Battery Cell Manufacturing

Retrieved on: 
Tuesday, April 25, 2023

Our new relationship with Samsung SDI will help us achieve all these objectives," said GM Chair and CEO Mary Barra.

Key Points: 
  • Our new relationship with Samsung SDI will help us achieve all these objectives," said GM Chair and CEO Mary Barra.
  • "The cells we will build together will help us scale our EV capacity in North America well beyond 1 million units annually."
  • General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all.
  • General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac , Baojun and Wuling brands.

EQS-News: ENCAVIS AG acquires two ready-to-build (RTB) solar parks (93 megawatts) in focus market Italy

Retrieved on: 
Tuesday, April 25, 2023

Hamburg, 25th April 2023 – The MDAX-listed wind and solar park operator Encavis AG (Prime Standard, ISIN: DE0006095003, ticker symbol: ECV) acquires two ready-to-build Italian solar park projects in the Lazio region, about 100 km Northwest of Rome.

Key Points: 
  • Hamburg, 25th April 2023 – The MDAX-listed wind and solar park operator Encavis AG (Prime Standard, ISIN: DE0006095003, ticker symbol: ECV) acquires two ready-to-build Italian solar park projects in the Lazio region, about 100 km Northwest of Rome.
  • The Montalto di Castro solar park will have a generation capacity of 55 megawatts (MW) and the Montefiascone solar park will have a generation capacity of 38 MW.
  • Both solar park projects derive from the development pipeline of the Strategic Development Partner Psaier.Energies from Brixen in South Tyrol.
  • It is planned that both solar parks will be managed by the proven Operation and Maintenance (O&M) partner, Stern Energy SpA, from Parma.

HORMEL FOODS RANKS IN TOP 100 FOR GREEN POWER USE

Retrieved on: 
Monday, April 24, 2023

AUSTIN, Minn., April 24, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global-branded food company well known for its corporate citizenship, was for the first time included on the U.S. Environmental Protection Agency's list of the 100 largest green power users from the Green Power Partnership (GPP). In addition, the company ranked No. 20 on EPA's list of Green Power Partners that are part of the Fortune 500®.

Key Points: 
  • Hormel Foods joined the EPA's Green Power Partnership in 2022 and is using nearly 938 million kilowatt-hours (kWh) of green power annually, representing 100% of the overall operation's total power needs.
  • The company's choice to use green power helps advance the voluntary market for green power, as well as the development of those sources.
  • "EPA applauds the leading organizations in the Green Power Partnership's Top Partner Rankings for their notable commitment to expanding their use of green power and protecting the environment."
  • According to the EPA, green power use of nearly 938 million kWh by Hormel Foods is equivalent to the annual electricity use of more than 88,000 average American homes.

Bitfarms Receives Permit To Power Up To 100 MW In Argentina

Retrieved on: 
Monday, April 24, 2023

TORONTO, Ontario and BROSSARD, Québec, April 24, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a global vertically integrated Bitcoin mining company, confirmed the receipt of the necessary power permits to expand production up to 100 MW at its Rio Cuarto, Argentina facility. This is expected to initially double the active capacity to 18 MW and increase the Company’s operational hashrate to 5 EH/s. The major milestones follow:

Key Points: 
  • On April 21st, the private power producer became fully permitted to provide up to 100 MW and enabling Bitfarms to commence purchasing low-cost power under its purchase agreement.
  • On April 23rd, Bitfarms finished testing of the Rio Cuarto substation which is now online and capable of delivering 120 MW.
  • With the power permit in place, we can now draw power under our contracted agreement currently expected to be below $0.03 per kWh, which is currently the lowest rate in Bitfarms’ portfolio.
  • The Company currently has a fully built 50 MW farm which is now permitted to draw power under this agreement.

LONGi unveils "Zero Carbon Energy for Earth" initiative on 2023 Earth Day

Retrieved on: 
Monday, April 24, 2023

XI'AN, China, April 24, 2023 /PRNewswire/ -- LONGi Green Energy Technology, a global leading renewable energy company, unveiled the "Zero Carbon Energy for Earth" initiative on the 54th World Earth Day in Xi'an City.

Key Points: 
  • XI'AN, China, April 24, 2023 /PRNewswire/ -- LONGi Green Energy Technology, a global leading renewable energy company, unveiled the "Zero Carbon Energy for Earth" initiative on the 54th World Earth Day in Xi'an City.
  • At the event, LONGi, together with various stakeholders, jointly unveiled the following "Zero Carbon Energy for Earth" initiative, as follows:
    1.
  • Li Wenxue, Vice President of LONGi, said at the launch event of the initiative that in the context of the "carbon peaking and carbon neutrality", "Zero-Carbon Energy" represented by photovoltaic is receiving unprecedented attention.
  • On the 27th World Environment Day, LONGi officially joined the global SBTi (Science Based Targets initiative) and submitted its SBT Commitment Letter.

LONGi unveils "Zero Carbon Energy for Earth" initiative on 2023 Earth Day

Retrieved on: 
Monday, April 24, 2023

XI'AN, China, April 24, 2023 /PRNewswire/ -- LONGi Green Energy Technology, a global leading renewable energy company, unveiled the "Zero Carbon Energy for Earth" initiative on the 54th World Earth Day in Xi'an City.

Key Points: 
  • XI'AN, China, April 24, 2023 /PRNewswire/ -- LONGi Green Energy Technology, a global leading renewable energy company, unveiled the "Zero Carbon Energy for Earth" initiative on the 54th World Earth Day in Xi'an City.
  • At the event, LONGi, together with various stakeholders, jointly unveiled the following "Zero Carbon Energy for Earth" initiative, as follows:
    1.
  • Li Wenxue, Vice President of LONGi, said at the launch event of the initiative that in the context of the "carbon peaking and carbon neutrality", "Zero-Carbon Energy" represented by photovoltaic is receiving unprecedented attention.
  • On the 27th World Environment Day, LONGi officially joined the global SBTi (Science Based Targets initiative) and submitted its SBT Commitment Letter.

REFIRE 220KW HEAVY DUTY FUEL CELL SYSTEM DEBUTS AT HANNOVER MESSE 2023

Retrieved on: 
Monday, April 24, 2023

HANNOVER, Germany, April 24, 2023 /PRNewswire/ -- REFIRE, the world's leading deployer of commercial hydrogen fuel cell technologies, presented PRISMA XXII, the company's most powerful-to-date fuel cell system at a technical seminar during Hannover Messe's Hydrogen and Fuel Cell Europe exhibition and conference.

Key Points: 
  • HANNOVER, Germany, April 24, 2023 /PRNewswire/ -- REFIRE, the world's leading deployer of commercial hydrogen fuel cell technologies, presented PRISMA XXII, the company's most powerful-to-date fuel cell system at a technical seminar during Hannover Messe's Hydrogen and Fuel Cell Europe exhibition and conference.
  • Among other announcements, REFIRE was joined by its Hong Kong partner APAS R&D Centre in presenting their off-grid fuel cell EV charging and power project at the Messe.
  • REFIRE Group's stack division, UNILIA also presented its product line-up covering heavy duty stacks and MEA component manufacturing capability.
  • REFIRE presented its latest heavy-duty fuel cell system, the PRISMA XXII, which delivers up to 220kW in a single integrated system.

NaaS Technology Inc. Reports Unaudited 2022 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Friday, April 21, 2023

BEIJING, April 21, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (“NaaS” or the “Company”) (NASDAQ: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • BEIJING, April 21, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (“NaaS” or the “Company”) (NASDAQ: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2022.
  • Fourth Quarter and Full Year 2022 Operational Highlights:
    Charging volume transacted through NaaS’ network reached 856.8 GWh in the fourth quarter of 2022 and 2,753.7 GWh in 2022, representing an increase of 91% and 116% year over year, respectively.
  • Fourth Quarter and Full Year 2022 Financial Highlights:
    Net revenues grew by 95% year over year1 and reached RMB29.5million (US$4.3 million)in the fourth quarter of 2022.
  • NaaS’ income tax expenses were RMB3.4 million (US$0.5 million) in the fourth quarter of 2022, compared with income tax expenses of RMB0.3 million in the fourth quarter of 2021.

Stronghold Digital Mining Closes $10 Million Private Placement and Announces Addition of 600 PH/s through the Purchase of 5,000 MicroBT Whatsminer M50 Bitcoin Miners

Retrieved on: 
Friday, April 21, 2023

Beard, in each case at a price of $1.00 per share equivalent (the “Private Placement”).

Key Points: 
  • Beard, in each case at a price of $1.00 per share equivalent (the “Private Placement”).
  • Gross proceeds from the Private Placement were $10 million, before deducting offering expenses.
  • On April 20, 2023, Stronghold entered into a Master Sales and Purchase Agreement to acquire 5,000 new, latest-generation MicroBT Whatsminer M50 miners (the “M50 Miners”) for $15.50 per terahash per second, including shipping (the “Miner Purchase”).
  • The M50 Miners have an average hash rate of 118 terahash per second and energy efficiency of 28.5 joules per terahash.

AdvoCare® Takes Bold Steps toward Sustainability with New Solar Panels and I-Pack Machine

Retrieved on: 
Friday, April 21, 2023

The company is taking significant steps toward achieving its sustainability goals by adding new solar panels to its headquarters and manufacturing facility and introducing a new I-Pack boxing system reducing the energy and paper used in the shipping process.

Key Points: 
  • The company is taking significant steps toward achieving its sustainability goals by adding new solar panels to its headquarters and manufacturing facility and introducing a new I-Pack boxing system reducing the energy and paper used in the shipping process.
  • (Photo: Business Wire)
    Late last year, AdvoCare installed 1,068 new solar panels that generate a renewable energy source to power the company's operations.
  • Our new solar panels and packaging initiatives are a step forward in reducing our carbon footprint and conserving the environment," said AdvoCare CEO, Patrick Wright.
  • These sustainability efforts are a part of AdvoCare's broader efforts to promote environmental responsibility and social accountability.