O&M

Waste-to-Energy Company in Singapore Made a Wholly-Owned Subsidiary

Retrieved on: 
Monday, August 8, 2022 - 6:08am

Ltd., a special purpose company (SPC) for the business of the construction and operations of a waste-to-energy (WTE) facility in Singapore.

Key Points: 
  • Ltd., a special purpose company (SPC) for the business of the construction and operations of a waste-to-energy (WTE) facility in Singapore.
  • The facility for which MHI Group has delivered incinerators and power systems consists of 4 boilers, capable of processing around 35% of the incinerable waste generated daily in Singapore.
  • In December 2019, an MHI subsidiary in Singapore, Mitsubishi Heavy Industries Asia Pacific Pte.
  • Since July 2022, this O&M business has been taken over by MHIEC Eco Creation Singapore Pte.

DGAP-News: Greencells GmbH: Götz Gollan strengthens the Management as CFO

Retrieved on: 
Thursday, August 4, 2022 - 8:11am

Effective of 1 September 2022, Gtz Gollan will be responsible as CFO for the entire finance division of the Group and its sister company Greencells Group Holdings Ltd.

Key Points: 
  • Effective of 1 September 2022, Gtz Gollan will be responsible as CFO for the entire finance division of the Group and its sister company Greencells Group Holdings Ltd.
  • Gtz Gollan has more than 20 years of Management experience in the technology and financial services sectors as well as extensive expertise in strategic repositioning, capital markets and M&A.
  • With his extensive experience and competence, Gtz Gollan will develop the finance division of Greencells further in a decisive way.
  • Gtz Gollan states: I am very much looking forward to leading Greencells into the next growth phase together with Mr. Hoffmann and the team.

ERRATUM - H2O Innovation Renews Two O&M Contracts and Wins New Ones, Totalling $18.3 M

Retrieved on: 
Tuesday, August 2, 2022 - 4:42pm

QUEBEC CITY, Aug. 02, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) – Please note that an error has crept into the press release issued earlier this morning. H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it has recently extended two Operation and Maintenance (O&M) contracts and has been awarded new projects in Texas. These renewals and contracts, with a total value of $18.3 M (and not $9.0 M, like previously announced), bring the Corporation’s O&M backlog to $137.4 M.

Key Points: 
  • QUEBEC CITY, Aug. 02, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) Please note that an error has crept into the press release issued earlier this morning.
  • H2O Innovation Inc. (H2O Innovation or the Corporation) is proud to announce that it has recently extended two Operation and Maintenance (O&M) contracts and has been awarded new projects in Texas.
  • These new contracts will see H2O Innovation operate several water and wastewater utilities and service residential and commercial customers for an initial term of two years.
  • H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers.

H2O Innovation Renews Two O&M Contracts and Wins New Ones, Totalling $9.0 M

Retrieved on: 
Tuesday, August 2, 2022 - 1:00pm

QUEBEC CITY, Aug. 02, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it has recently extended two Operation and Maintenance (O&M) contracts and has been awarded new projects in Texas. These renewals and contracts, with a total value of $9.0 M, bring the Corporation’s O&M backlog to $137.4 M.

Key Points: 
  • QUEBEC CITY, Aug. 02, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) H2O Innovation Inc. (H2O Innovation or the Corporation) is proud to announce that it has recently extended two Operation and Maintenance (O&M) contracts and has been awarded new projects in Texas.
  • These renewals and contracts, with a total value of $9.0 M, bring the Corporations O&M backlog to $137.4 M.
    Growth is the lifeblood of any organization, so we are excited about the new opportunities in the Southwest Region.
  • These new contracts will see H2O Innovation operate several water and wastewater utilities and service residential and commercial customers for an initial term of two years.
  • H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers.

Aneka Jaringan and Samaiden Join Forces to Tap Solar PV Potential in Indonesia

Retrieved on: 
Tuesday, August 2, 2022 - 9:00am

Chow Pui Hee [L-R]

Key Points: 
  • Chow Pui Hee [L-R]
    This JV provides Samaiden access to the Indonesian market and allows Aneka Jaringan which already has a presence in Indonesia via its subsidiary, PT Aneka Jaringan Indonesia, to add to its value chain in a fast-growing segment.
  • Aneka Jaringan together with its subsidiary, PT Aneka and Samaiden will hold 45% and 50% stake respectively in the JV company.
  • "Indonesia presents great potential in an area of Samaiden's expertise - RE, in particular solar PV systems.
  • Its subsidiary, PT Aneka, based in Jakarta, is the first regional office of Aneka Jaringan Group, and has proven steadfast growth since its establishment in 2014.

Cypress Creek Renewables Acquires 100MW Solar Asset from Carson Power

Retrieved on: 
Monday, August 1, 2022 - 2:19pm

Carson Power will continue to co-develop the project, supporting entitlement and community engagement, with Cypress Creek leading principal development, offtake, procurement, and financing responsibilities.

Key Points: 
  • Carson Power will continue to co-develop the project, supporting entitlement and community engagement, with Cypress Creek leading principal development, offtake, procurement, and financing responsibilities.
  • Nationally, Cypress Creek has developed more than 11GW of solar and storage projects to date and has a 15GW solar and storage pipeline.
  • "We are incredibly excited to begin our partnership with Carson Power," Marisa Scavo, Director of Development for Cypress Creek, said.
  • Emilie Flanagan, CEO of Carson Power echoed the excitement "We are thrilled to kick-off co-development of this 100MW solar project in New York with a partner like Cypress Creek.

Borrego Completes Spin Off and Sale of Solar and Energy Storage Development Business to ECP

Retrieved on: 
Thursday, July 28, 2022 - 1:00pm

SAN DIEGO, July 28, 2022 /PRNewswire/ -- Borrego, a leading developer, EPC and O&M provider for large-scale solar and energy storage projects throughout the United States, today announced it has completed the spin off and sale of its development business to ECP. The new company will be named New Leaf Energy and will be operated as an independent business by ECP, a leading energy transition-focused investor with an almost two decades-long reputation in the electricity, renewable and sustainable solutions sector. New Leaf Energy will be led by the current development leadership team as they continue to execute on their long-term business strategy in partnership with ECP.

Key Points: 
  • New Leaf Energy will work on strengthening its considerable solar and energy storage DG presence in core markets such as New York, Massachusetts, Maine, Virginia, Pennsylvania, Delaware and Illinois.
  • "We bring the expertise, experience, culture and development approach we honed at Borrego to New Leaf Energy and the ECP family of companies," said Dan Berwick, CEO of New Leaf Energy.
  • Borrego, a leading developer, EPC and O&M provider, accelerates the development and delivery of large commercial, community solar, and utility-scale solar and energy storage projects in the US.
  • Established as a standalone business in 2022 and headquartered in Lowell, Mass., the company was formed out of Borrego's market-leading solar and energy storage development business and is being led by Borrego's former development business management team.

NOVASOURCE Introduces the Solar Industry's First DC Availability Guarantee

Retrieved on: 
Wednesday, July 27, 2022 - 10:00am

NovaSource will provide an industry-first DC Availability Guarantee.

Key Points: 
  • NovaSource will provide an industry-first DC Availability Guarantee.
  • As a result of those conversations, we crafted multiple service offerings to meet each customer's unique needsincluding the industry's first DC Availability Guarantee," said Michael Gantt, head of strategy and solutions for the Company.
  • The new DC Availability Guarantee was developed based on existing and prospective customer feedback and guarantees 99% DC equipment uptime.
  • NovaSource leveraged its proprietary DC monitoring system, SunStreams, and the capabilities of its recently acquired subsidiary, Heliolytics, to develop this new product offering.

Spruce Power Acquires Level Solar's 16.5 MW-dc Rooftop Solar Portfolio

Retrieved on: 
Tuesday, July 26, 2022 - 7:50pm

HOUSTON, July 26, 2022 /PRNewswire-PRWeb/ -- Spruce Power, the largest private owner and operator of distributed generation solar residential assets in the U.S., has closed on the acquisition of Level Solar's entire portfolio of residential solar assets which has been managed by Long Island based, SUNation Energy since 2017. The deal closed in early July 2022, and extends Spruce's stated strategy of providing a long-term home for not just the solar power assets, but the customers who, in choosing solar power, had made a positive clean energy choice for themselves and their communities.

Key Points: 
  • Spruce Power, the largest private owner/operator of residential solar assets in the U.S. has acquired Level Solar's entire portfolio of 2,637 rooftop solar assets.
  • HOUSTON, July 26, 2022 /PRNewswire-PRWeb/ -- Spruce Power, the largest private owner and operator of distributed generation solar residential assets in the U.S., has closed on the acquisition of Level Solar's entire portfolio of residential solar assets which has been managed by Long Island based, SUNation Energy since 2017.
  • The 2,637 rooftop solar assets, totaling 16.5 MW-dc of power capacity, acquired by Spruce Power in this transaction increases the company's portfolio by nearly five percent.
  • "Spruce Power has always been on the forefront of the M&A market in residential solar.

SOLV Energy Takes Top Spot on 2022 Top Solar Contractors List

Retrieved on: 
Tuesday, July 26, 2022 - 6:50pm

SAN DIEGO, July 26, 2022 /PRNewswire-PRWeb/ -- Despite concerns over supply chain interruptions and tariff investigations, the U.S. solar industry saw record solar and energy storage demand in 2021. SOLV Energy can attest to this, having one of its busiest years yet. Solar Power World has recognized the company's installation success by ranking SOLV Energy at No. 1 on the 2022 Top Solar Contractors list.

Key Points: 
  • SAN DIEGO, July 26, 2022 /PRNewswire-PRWeb/ -- Despite concerns over supply chain interruptions and tariff investigations, the U.S. solar industry saw record solar and energy storage demand in 2021.
  • Solar Power World has recognized the company's installation success by ranking SOLV Energy at No.
  • 1 on the 2022 Top Solar Contractors list .
  • The Top Solar Contractors list is developed each year by industry magazine Solar Power World to honor the work of solar installers in the United States.