C&I

Exro Signs Strategic Distribution Agreement with Inferno Solar for Energy Storage

Retrieved on: 
Wednesday, September 28, 2022

The agreement will begin with a product pilot in Q4 2022 that combines Exro's Cell DriverTM Energy Storage System with Inferno's solar capabilities to create a new product offering, the Inferno System.

Key Points: 
  • The agreement will begin with a product pilot in Q4 2022 that combines Exro's Cell DriverTM Energy Storage System with Inferno's solar capabilities to create a new product offering, the Inferno System.
  • The agreement includes deployment of a made-in-Alberta solar-plus-storage product offering, called the Inferno System, which includes Exro's Cell DriverTM Energy Storage System ("Cell DriverTM").
  • Under the terms of the agreement, Inferno will hold exclusive distribution rights within Western Canada for five years.
  • The agreement will begin with a pilot program in Q4 2022 that combines Exro'sCell DriverTM Energy Storage System with Inferno's solar capabilities to create a new product offering, the Inferno System.

Scale Microgrid Solutions Welcomes Chris Cantone as Chief Revenue Officer

Retrieved on: 
Tuesday, September 27, 2022

Scale Microgrid Solutions LLC (Scale) is excited to announce and welcome Chris Cantone as their new Chief Revenue Officer.

Key Points: 
  • Scale Microgrid Solutions LLC (Scale) is excited to announce and welcome Chris Cantone as their new Chief Revenue Officer.
  • Scale is continuing to grow at an exponential pace as they deploy both microgrids and capital across the country.
  • Chris is an amazing addition to the Scale team, and I cant wait to see him in action.
  • About Scale Microgrid Solutions: Scale is a vertically integrated distributed energy platform, with a core focus of designing, building, financing, owning and operating cutting-edge distributed energy assets that offer cheaper, cleaner, and more resilient power.

Altus Power, Inc. Announces Definitive Agreements to Acquire Approximately 97 Megawatts of Operating Solar Assets

Retrieved on: 
Tuesday, September 27, 2022

Altus Power, Inc. (Altus Power or the Company) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced definitive agreements to acquire approximately 97 megawatts (MW) of operating solar assets for approximately $220 million funded by a combination of cash on hand and assumed liabilities.

Key Points: 
  • Altus Power, Inc. (Altus Power or the Company) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced definitive agreements to acquire approximately 97 megawatts (MW) of operating solar assets for approximately $220 million funded by a combination of cash on hand and assumed liabilities.
  • The acquisition of the remaining approximately 9 MW has recently closed and such assets are currently operating as part of Altus Powers portfolio.
  • Combined, these recently and soon to be acquired portfolios represent approximately 97 MW of solar assets operating across nine U.S. states.
  • We are excited to bring these new long-term customer relationships and operating assets to our portfolio of C&I solar and storage assets, said Gregg Felton, Co-CEO of Altus Power.

esaSolar Announces New Brand and Launches Development Platform for C&I, Community Solar, and Utility Scale

Retrieved on: 
Monday, September 26, 2022

For over 10 years, ESA has been an industry leader in developing commercial solar and solar farm projects.

Key Points: 
  • For over 10 years, ESA has been an industry leader in developing commercial solar and solar farm projects.
  • Now, the company is repositioning the brand as a trusted solar development platform on a national scale.
  • The announcement includes a sleek new website and a fresh new logo, which represents the company's focus on developing simple pathways towards clean energy adoption.
  • The refreshed ESA brand and website will continue to be transitioned over the coming weeks, as well several announcements regarding new projects.

Hithium Launches New Energy Storage Battery Innovations at RE+ 2022

Retrieved on: 
Friday, September 23, 2022

ANAHEIM, Calif., Sept. 23, 2022 /PRNewswire/ --Xiamen Hithium Energy Storage Technology Co., Ltd. ("Hithium") has this week celebrated a successful launch of its newest offerings in battery product innovations at RE+ 2022 in Anaheim, USA.

Key Points: 
  • ANAHEIM, Calif., Sept. 23, 2022 /PRNewswire/ --Xiamen Hithium Energy Storage Technology Co., Ltd. ("Hithium") has this week celebrated a successful launch of its newest offerings in battery product innovations at RE+ 2022 in Anaheim, USA.
  • Alongside the new additions, Hithium showcased its full range of energy storage battery products at RE+ as well, which attracted lots of attention from professional audiences.
  • Hithium planned 4.71 billion USD total investment and 1,400,000m2 factory space to achieve 135GWh production capacity of energy storage battery in 2025.
  • Note 1: DatasupportedbyHithium Test & Verification Center: Discharge Energy fading rate 1% (25,100% DOD, after the initial 1000cyclesfullychargedanddischarged1cyclebyonedaycouldapplytoapproximately3years)
    View original content to download multimedia: https://www.prnewswire.com/news-releases/hithium-launches-new-energy-sto...
    SOURCE Xiamen Hithium Energy Storage Technology Co., Ltd.

Hithium Launches New Energy Storage Battery Innovations at RE+ 2022

Retrieved on: 
Friday, September 23, 2022

ANAHEIM, Calif., Sept. 23, 2022 /PRNewswire/ --Xiamen Hithium Energy Storage Technology Co., Ltd. ("Hithium") has this week celebrated a successful launch of its newest offerings in battery product innovations at RE+ 2022 in Anaheim, USA.

Key Points: 
  • ANAHEIM, Calif., Sept. 23, 2022 /PRNewswire/ --Xiamen Hithium Energy Storage Technology Co., Ltd. ("Hithium") has this week celebrated a successful launch of its newest offerings in battery product innovations at RE+ 2022 in Anaheim, USA.
  • Alongside the new additions, Hithium showcased its full range of energy storage battery products at RE+ as well, which attracted lots of attention from professional audiences.
  • With strong customer orientation, Hithium is committed to providing safe, efficient, clean and sustainable energy storage solutions for the world.
  • Hithium planned 4.71 billion USD total investment and 1,400,000m2 factory space to achieve 135GWh production capacity of energy storage battery in 2025.

Sungrow Offers Liquid Cooled Energy Storage System PowerStack for North American C&I ESS Market

Retrieved on: 
Friday, September 23, 2022

It is estimated that by 2030, the annual growth of the global C&I energy storage market will exceed hundreds of billion US dollars.

Key Points: 
  • It is estimated that by 2030, the annual growth of the global C&I energy storage market will exceed hundreds of billion US dollars.
  • What factors are driving the adoption of C&I energy storage system (ESS) in the USA?
  • Sungrow, the global leading inverter and ESS solution supplier, launched its competitive C&I liquid cooled ESS, the PowerStack.
  • Compared with the conventional air-cooling design, the liquid cooled system also significantly reduces thermal management energy consumption.

Starwood Energy and energyRe Announce Launch of Radial Power

Retrieved on: 
Wednesday, September 21, 2022

HOUSTON and NEW YORK, Sept. 21, 2022 /PRNewswire/ -- Starwood Energy Group Global, LLC ("Starwood Energy"), and energyRe LLC ("energyRe"), today announced the launch of Radial Power, LLC ("Radial Power"). Radial Power will seek to deliver best-in-class portfolio-wide distributed clean energy solutions to large real estate and C&I asset owners, while unlocking revenues from underutilized real estate, delivering cost savings, and helping to facilitate North America's energy transition.

Key Points: 
  • Radial Power is a joint venture comprised of investment affiliates of energyRe and Starwood Energy, the large-scale energy affiliates of the Related Companies and of Starwood Capital Group respectively
    HOUSTON and NEW YORK, Sept. 21, 2022 /PRNewswire/ -- Starwood Energy Group Global, LLC ("Starwood Energy"), and energyRe LLC ("energyRe"), today announced the launch of Radial Power, LLC ("Radial Power").
  • Radial Power is a joint venture comprising investment affiliates of energyRe and Starwood Energy, respectively, the large-scale energy affiliates of the Related Companies ("Related" and Starwood Capital Group ("Starwood Capital") two of the most innovative real estate investment companies in the United States.
  • "We are delighted to announce the launch of Radial Power, in partnership with the management team and energyRe," said Barry Sternlicht, Chairman of both Starwood Energy and of Starwood Capital Group.
  • "We are delighted to launch Radial Power and to offer a unique platform to the marketplace," said Himanshu Saxena, CEO of Starwood Energy.

Sungrow Presents Its Newest Innovations for North America During RE+ 2022 in Anaheim

Retrieved on: 
Wednesday, September 21, 2022

These innovations further catalyze the North American decarbonization and genuinely accelerate meeting the local carbon neutral goal.

Key Points: 
  • These innovations further catalyze the North American decarbonization and genuinely accelerate meeting the local carbon neutral goal.
  • In the meantime, we are delighted to make net zero profitable for our customers," said Hank Wang, President of Sungrow Americas.
  • Sungrow Power Supply Co., Ltd. ("Sungrow") is the world's most bankable inverter brand with over 269 GW installed worldwide as of June 2022.
  • With a strong 25-year track record in the PV space, Sungrow products power over 150 countries worldwide.Learn more about Sungrow by visiting www.sungrowpower.com .

Power for All Distributed Renewable Energy Job Report Sees Strong Post-Pandemic Growth

Retrieved on: 
Monday, September 19, 2022

NEW YORK, Sept. 19, 2022 /PRNewswire/ -- Power for All, the global campaign to end energy poverty, today released its second Decentralized Renewable Energy (DRE) jobs report; supported by GET.invest, Good Energies Foundation, and The Rockefeller Foundation. The industry's most comprehensive emerging markets employment census shows increased demand for DRE solutions is creating hundreds of thousands of formal and informal jobs. The sector is becoming a major employment engine, especially in remote rural areas in emerging and developing economies where poverty and unemployment levels are high.  In addition it is helping achieve universal electricity access while supporting the world's transition to clean energy.

Key Points: 
  • The Decentralized Renewable Energy (DRE) sector is a major source of stable employment with an estimated 374,000 jobs across Africa and 80,000 in India.
  • NEW YORK, Sept. 19, 2022 /PRNewswire/ -- Power for All, the global campaign to end energy poverty, today released its second Decentralized Renewable Energy (DRE) jobs report; supported by GET.invest, Good Energies Foundation, and The Rockefeller Foundation.
  • Kenya's estimated 50,000 jobs, greatly outnumber those of Kenya Power (KPLC), the nation's utility-scale power provider, with its 7,000 workers1.
  • Power for All is a global coalition campaigning to accelerate the end of energy poverty by scaling distributed renewable energy solutions.