Alternative Energy

Soluna Announces Monthly Business Update

Retrieved on: 
Monday, April 8, 2024
Software, Networks, Other Energy, Professional Services, Hardware, Utilities, Data Management, Alternative Energy, Energy, Technology, Artificial Intelligence, Cryptocurrency, Bitcoin, Annual report, Conference, Patent, Form 10-K, AI, Security (finance), Our Power, GAAP, ERCOT, Weather, PPA, Corporation, Kilowatt-hour

Nvidia GTC Conference – Our CTO and CEO attended the Nvidia’s GTC2024 developer conference and continued discussions with potential customers and partners for our AI Venture.

Key Points: 
  • Nvidia GTC Conference – Our CTO and CEO attended the Nvidia’s GTC2024 developer conference and continued discussions with potential customers and partners for our AI Venture.
  • First AI Hosting Customer Deployed – we deployed the first phase of our new AI Hosting deal at Project Sophie.
  • AMA - The Company published responses to investor questions in its monthly AMA for March.
  • All information provided in this press release is as of the date of the press release, and Soluna Holdings, Inc. undertakes no duty to update such information, except as required under applicable law.

Oklo Signs LOI to Supply 50 Megawatts of Power to Diamondback Energy

Retrieved on: 
Monday, April 8, 2024
Technology, Security, Utilities, Public Policy, Government, Software, Alternative Energy, Energy, Nuclear, Hardware, White House, Federal Government, Permian, Inc., Power purchase agreement, Electricity, Diamondback Energy, De Witte, Multimedia, PPA, LOI

Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, announces an agreement with Diamondback Energy Inc. (“Diamondback”) (NASDAQ: FANG), the largest independent producer headquartered in the shale-oil region to collaborate on a long-term Power Purchase Agreement (“PPA”).

Key Points: 
  • Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, announces an agreement with Diamondback Energy Inc. (“Diamondback”) (NASDAQ: FANG), the largest independent producer headquartered in the shale-oil region to collaborate on a long-term Power Purchase Agreement (“PPA”).
  • View the full release here: https://www.businesswire.com/news/home/20240408533423/en/
    The LOI signed by Diamondback outlines its intent to enter into a 20-year PPA with Oklo.
  • According to the terms of the LOI, Oklo intends to license, build, and operate powerhouses capable of generating 50 MW of electric power to Diamondback E&P LLC, a wholly owned subsidiary of Diamondback near Midland, Texas.
  • The collaboration between Oklo and Diamondback represents a significant step towards emissions reductions and supporting national energy security by providing reliable access to electricity to power domestic energy operations.

RMG Acquisition Corp. III Announces Liquidation

Retrieved on: 
Tuesday, April 9, 2024
Alternative Energy, Energy, Professional Services, Finance, Transfer, Commission, RMG, Finance Secretary (India), Security (finance)

As of the close of business on April 22, 2024, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.

Key Points: 
  • As of the close of business on April 22, 2024, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.
  • Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the redemption amount.
  • The redemption of the Public Shares is expected to be completed within ten business days after April 9, 2024.
  • There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.

kWh Analytics Raises Property Insurance and BESS Capacity for Renewable Energy Projects with Leading Carrier Aspen Insurance

Retrieved on: 
Monday, April 8, 2024
Professional Services, Environmental Issues, Business, Other Energy, Utilities, Alternative Energy, Environment, Fintech, Insurance, Energy, Finance, Kilowatt-hour, Wind, Inland marine insurance, Analytics, SVP, USD, BESS, Aspen, Renewable energy

kWh Analytics, Inc., the industry leader in climate insurance, announced today a significant increase in its capacity agreement with Aspen Insurance (“Aspen”) to support its property insurance offering for renewable energy projects.

Key Points: 
  • kWh Analytics, Inc., the industry leader in climate insurance, announced today a significant increase in its capacity agreement with Aspen Insurance (“Aspen”) to support its property insurance offering for renewable energy projects.
  • kWh Analytics’ capacity increase comes one year after the company partnered with Aspen to launch property insurance underwriting and capacity for renewable energy assets in January 2023.
  • In addition to this increase, kWh Analytics and Aspen now have four of the top ten global (re)insurance partners on their panel.
  • The findings, which are incorporated in property insurance underwriting, are distributed to the company’s clients and broadly to manufacturers, operators, carrier partners and investors to reinforce the further development of sustainable renewable energy projects.

Offshore Wind Energy Facility “Vineyard Wind 1” Wins Prestigious 2024 EBC Ruth H. Silman Award for Climate Change from Environmental Business Council of New England

Retrieved on: 
Tuesday, April 9, 2024
Environmental Health, Professional Services, Public Policy, Government, Other Natural Resources, Natural Resources, Other Energy, Utilities, Oil, Gas, Climate Change, Alternative Energy, Energy, Green Technology, White House, Federal Government, State, Local, Environment, Environmental Issues, Consulting, Interior, COP, Geology, EBC, ROD, Associate, Bureau, MEPA, Bird, Fishery, Wind, Carbon, Water quality, Climate change, Copenhagen Infrastructure Partners, Atmosphere, Vineyard, BOEM, Record, Renewable energy

Epsilon Associates, Inc. (Epsilon) is pleased to announce that the Environmental Business Council of New England (EBC) has awarded its prestigious “EBC Ruth H. Silman Award for Climate Change Project of the Year” to Vineyard Wind 1.

Key Points: 
  • Epsilon Associates, Inc. (Epsilon) is pleased to announce that the Environmental Business Council of New England (EBC) has awarded its prestigious “EBC Ruth H. Silman Award for Climate Change Project of the Year” to Vineyard Wind 1.
  • The Vineyard Wind 1 energy generation facility, a joint venture between Avangrid and Copenhagen Infrastructure Partners, is the first large-scale offshore wind project in the United States.
  • Located on the outer continental shelf, the 806 MW facility consists of 62 wind turbines over 800 feet high.
  • Vineyard Wind 1 first delivered energy to the grid on January 2, 2024, through the substation in Hyannis, Massachusetts.

Global Market for Bio-based and Sustainable Materials 2024-2035: Key Players, Market Trends and Growth Potential - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024
Alternative Energy, Energy, Environment, Other Energy, Sustainability, Solvent, Isosorbide, PLA, PHA, Building material, Textile, Market, Construction, Growth, Science, Polymer, Electronics, Cellulose, Lactic acid, Biofuel, Plant, Succinic acid, Plastic, Polyethylene terephthalate, Breeding, Fermentation, Lysine, Biomass, Renewable energy

Advancements in science and technology are enabling companies to develop and design chemicals and materials for a more sustainable future.

Key Points: 
  • Advancements in science and technology are enabling companies to develop and design chemicals and materials for a more sustainable future.
  • The Global Market for Bio-based and Sustainable Materials 2024-2035 offers a comprehensive overview of the rapidly growing field of biobased and sustainable materials.
  • The report also covers biobased packaging materials, sustainable textiles and apparel, biobased coatings and resins, biofuels, and sustainable electronics.
  • It identifies key players, market trends, and growth potential across these industries, offering a comprehensive overview of the current market landscape and future prospects.

EuroGreen Maritime Secures Seven-Year Charter with Equinor ASA for Four Advanced Hybrid Battery / Dual-Fuel Methanol Tankers with Wingsails

Retrieved on: 
Monday, April 8, 2024
Sustainability, Environment, Alternative Energy, Energy, Technology, Maritime, Transport, Other Technology, Methanol, EGM, GHG, Sulfur oxide, Wind, NOx, Ship, Multimedia, EQNR, Shipbuilding

This transaction represents a significant advancement in green shipping and underscores a shared vision for a cleaner, more sustainable maritime industry.

Key Points: 
  • This transaction represents a significant advancement in green shipping and underscores a shared vision for a cleaner, more sustainable maritime industry.
  • These ships will be managed on behalf of EGM by V.Ships France under this time charter agreement with Equinor upon delivery.
  • Equinor ASA plans to deploy these technologically advanced vessels into product trading activities.
  • This initiative represents a significant step in reducing maritime operations' environmental footprint, further aligning with EGM's and Equinor's sustainability goals.

Power Integrations to Release First-Quarter Financial Results on May 7

Retrieved on: 
Monday, April 8, 2024
Technology, Alternative Energy, Energy, Semiconductor

Power Integrations (Nasdaq: POWI ) will release its first-quarter financial results after market hours on Tuesday, May 7, 2024, and will host a conference call that day beginning at 1:30 p.m. Pacific time.

Key Points: 
  • Power Integrations (Nasdaq: POWI ) will release its first-quarter financial results after market hours on Tuesday, May 7, 2024, and will host a conference call that day beginning at 1:30 p.m. Pacific time.
  • Members of the investment community can register for the call by visiting the following link: https://registrations.events/direct/Q4I245880 .
  • Live and archived audio webcasts of the conference call will be available on the company’s website at https://investors.power.com .

Avangrid and Statkraft Establish U.S. Relationship with Virtual Power Purchase Agreement (VPPA)

Retrieved on: 
Monday, April 8, 2024
Environment, Utilities, Oil, Gas, Sustainability, Alternative Energy, Energy, Organization, VPPA, Guarantee of origin, United, AGR, PPA, Climate change, Statkraft, Renewable energy

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Statkraft, Europe’s largest producer of renewable energy, today announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Statkraft, Europe’s largest producer of renewable energy, today announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States.
  • Statkraft will receive Renewable Energy Certificates (RECs) from Avangrid’s 300 MW Streator Cayuga Ridge South Wind Farm in Illinois with this short term VPPA.
  • Statkraft and Iberdrola, S.A., Avangrid’s parent company, have a Power Purchase Agreement (PPA) in place for energy produced at Iberdrola’s Korytnica II wind farm in Poland.
  • “We are proud to partner with Avangrid as a continuation of our successful relationship with Iberdrola in Europe.

Energy Vault Issues 2023 Sustainability Report

Retrieved on: 
Monday, April 8, 2024
Other Energy, Environment, Utilities, Sustainability, Alternative Energy, Energy, CSA, S&P Global, Science Based Targets initiative, Energy Vault, Corporate sustainability, Biophysical environment, Risk, ESG, Strategic planning, Science, United Nations Global Compact, Carbon, GRI, TCFD, Task force, Multimedia, Targets, Renewable energy

Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced the publication of its 2023 Sustainability Report .

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced the publication of its 2023 Sustainability Report .
  • View the full release here: https://www.businesswire.com/news/home/20240408193128/en/
    Energy Vault Issues 2023 Sustainability Report (Photo: Business Wire)
    The report demonstrates Energy Vault’s commitment to providing transparency and progress on material non-financial sustainability & Environmental, Social, and Governance metrics.
  • In its second annual Corporate Sustainability Report, Energy Vault shares early-stage data and 2023 activations of newly established sustainability infrastructure, systems, protocols, standards, and metrics from which the organization measures current and future success.
  • “As the business continues to grow and evolve to meet the growing demand for tailored energy storage solutions around the globe, I’m confident in our ability to continue to progress toward and ultimately achieve our sustainability goals moving forward.”
    Energy Vault invites all of its stakeholders across the world to read its 2023 Sustainability Report at the following link: Sustainability Report 2023