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Runergy Ranked as a BloombergNEF Tier 1 PV Module Manufacturer

Retrieved on:

Tuesday, November 28, 2023

BNEF, LCOE, Photovoltaics, D, N, C&I, Bloomberg L.P., RETC, Multimedia, Quality control, PV, Cell, BOS, Renewable energy

SHANGHAI, Nov. 28, 2023 /PRNewswire/ -- Runergy has achieved a significant milestone by being included in the latest BloombergNEF Tier 1 PV Module Manufacturers list for Q4 of 2023.

Key Points:

SHANGHAI, Nov. 28, 2023 /PRNewswire/ -- Runergy has achieved a significant milestone by being included in the latest BloombergNEF Tier 1 PV Module Manufacturers list for Q4 of 2023.
BloombergNEF (BNEF) is renowned as one of the most reputable industry research institutions in the global new energy sector.
To qualify as a Tier 1 PV module manufacturer, companies must demonstrate the production of self-owned brand PV modules for six different projects, financed by six different commercial banks.
Since entering the PV module business in 2022, Runergy's module products have been exported to numerous countries and regions worldwide, with increasing shipments.

640W+23.7%! Huasun Unveils World's First 210R HJT Rectangular Cell Modules

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Monday, November 27, 2023

Topcon, LCOE, Utility, C&I, PIB, HJT, BOS, IRR, Renewable energy

The Everest G12R Series modules are based on the HJT3.0 high-efficiency solar cell technology and feature 182mm*105mm rectangular cells.

Key Points:

The Everest G12R Series modules are based on the HJT3.0 high-efficiency solar cell technology and feature 182mm*105mm rectangular cells.
Keeping the same width of 1134mm, Huasun developed three versions of G12R modules with different lengths catering to various application scenarios:
G12R-96, "Earning Best Return for Residential": max.
The adoption of Everest G12R modules can lead to increased project installed capacity, higher energy yield per watt, and improved overall performance.
The G12R-132 modules for utility-scale projects provide a 3.2% increase in energy yield per watt and contribute to lower LCOE and higher IRR.

Exro Receives First Pilot Order for Battery Energy Storage and Lifts NDA with Brazilian Partner Giaffone Electric Backed by Purchase Order

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Monday, November 20, 2023

Following successful onsite integration and testing in Brazil, Exro and emerging-growth partner Giaffone Electric have lifted their nondisclosure agreement.

Key Points:

Following successful onsite integration and testing in Brazil, Exro and emerging-growth partner Giaffone Electric have lifted their nondisclosure agreement.
Exro is also pleased to announce moving Brazilian partner Giaffone Electric ("Giaffone") out of a nondisclosure agreement ("NDA").
The energy storage system will be coupled with a rooftop solar system in collaboration with channel partner, Inferno Solar.
Now following successful completion, Exro and Giaffone have entered into a purchase order agreement for Coil Driver™ Systems.

Indiana School District Deploys Portfolio of Energy Storage Systems with Veregy & Energy Toolbase

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Wednesday, November 8, 2023

MSD, Acumen, BYD, Content management system, CHESS, Carbon, C&I, LED, Partnership, School, HVAC, Heating, ventilation, and air conditioning

INDIANAPOLIS, Nov. 8, 2023 /PRNewswire/ -- The MSD Wayne Township school district and Veregy have deployed a portfolio of energy storage systems across six elementary schools utilizing Energy Toolbase's Acumen EMS™ controls software and BYD's state-of-the-art battery technology. Energy Toolbase procured an all-in-one energy storage system totaling 720kW/1,548kWh in energy storage capacity with BYD's CHESS units, enabling the energy storage system to accurately target peak demand charges using Acumen EMS. The Energy Toolbase and BYD partnership allows developers to take a modular approach to smaller C&I projects by stacking the CHESS 120kW/258kWh units to fit the project needs.

Key Points:

INDIANAPOLIS, Nov. 8, 2023 /PRNewswire/ -- The MSD Wayne Township school district and Veregy have deployed a portfolio of energy storage systems across six elementary schools utilizing Energy Toolbase's Acumen EMS™ controls software and BYD's state-of-the-art battery technology.
Energy Toolbase procured an all-in-one energy storage system totaling 720kW/1,548kWh in energy storage capacity with BYD's CHESS units, enabling the energy storage system to accurately target peak demand charges using Acumen EMS.
The systems are included in an extensive portfolio of nine schools, all designed and installed by Veregy .
Veregy has implemented over twenty energy conservation measures (ECMs), including solar canopies at six locations, battery storage at nine sites, live energy monitoring, HVAC upgrades, and LED lighting.

Unitil Reports Third Quarter Earnings

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Tuesday, November 7, 2023

HAMPTON, N.H., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) ( unitil.com ) today announced Net Income of $1.4 million, or $0.09 in Earnings Per Share (EPS) for the third quarter of 2023, an increase of $0.9 million in Net Income, or $0.06 in EPS, compared to the third quarter of 2022.

Key Points:

HAMPTON, N.H., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) ( unitil.com ) today announced Net Income of $1.4 million, or $0.09 in Earnings Per Share (EPS) for the third quarter of 2023, an increase of $0.9 million in Net Income, or $0.06 in EPS, compared to the third quarter of 2022.
The Company’s Electric and Gas GAAP Gross Margins for the third quarter of 2023 were $22.6 million and $12.3 million, respectively.
The Company’s earnings historically have been seasonal and typically have been higher in the first and fourth quarters when customers use natural gas for heating purposes.
The Company will hold a quarterly conference call to discuss third quarter 2023 results on Tuesday, November 7, 2023, at 10:00 a.m. Eastern Time.

Guidehouse Insights Estimates Global Market for Edge Computing Technologies Will Grow to More Than $16 Billion by 2032

Retrieved on:

Tuesday, November 7, 2023

Public utility, DER, C&I, Intelligence, Electricity, Software, Electric power, Renewable energy

BOULDER, Colo., Nov. 7, 2023 /PRNewswire/ -- A new report from Guidehouse Insights explores the market for edge computing technologies used throughout the distribution grid, from substations to distributed energy resources (DER) networks, on the supply (utility) and demand (customer) side of the meter.

Key Points:

The global utility market is in a transitional period, as utilities work to reorient themselves to ensuring reliability and stability while managing distributed energy resources.
According to a new report from Guidehouse Insights, grid-edge computing for utility operations is expected to grow from $3.5 billion in global spending in 2023 to $16.1 billion in 2032, at a compound annual growth rate (CAGR) of 18.5%.
The report, Edge Computing Market , focuses on edge computing technologies, both software and hardware, used throughout the distribution grid, from substations to DER networks, on the supply (utility) and demand (customer) side of the meter.
An executive summary of the report is available for free download on the Guidehouse Insights website .

Generac Reports Third Quarter 2023 Results

Retrieved on:

Wednesday, November 1, 2023

NYSE, International, EDT, Public expenditure, National Keelung Commercial & Industrial Vocational Senior High School, EBITDA, Telephone, Share repurchase, Generac, C&I, Growth, Marketing, Commercial, Life insurance, Cassette tape, Retail

WAUKESHA, Wis., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its third quarter ended September 30, 2023 and provided an update on its outlook for the full year 2023.

Key Points:

WAUKESHA, Wis., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its third quarter ended September 30, 2023 and provided an update on its outlook for the full year 2023.
Net sales decreased 2% to $1.07 billion during the third quarter of 2023 as compared to $1.09 billion in the prior-year third quarter.
During the third quarter of 2023, the company repurchased 875,580 shares of its common stock for $100 million under its current share repurchase program.
Generac management will hold a conference call at 10:00 a.m. EDT on Wednesday, November 1, 2023 to discuss third quarter 2023 operating results.

Madison Energy Infrastructure (MEI) Announces the Acquisition of Pro-Tech Energy Solutions

Retrieved on:

Monday, November 6, 2023

EPC, Trust, C&I, Safety, MEI, Acquisition, Orbiting Cathedrals, Fine chemical

NEW YORK, Nov. 6, 2023 /PRNewswire/ -- Madison Energy Infrastructure (MEI), a leading clean energy developer and asset owner, today announced the acquisition of Pro-Tech Energy Solutions (Pro-Tech), an early pioneer in the commercial and industrial sector with an accomplished EPC function and a pipeline of distributed and large-scale projects.

Key Points:

Strategic acquisition strengthens MEI's commercial and execution capabilities and delivers new projects and solutions for C&I customers.
NEW YORK, Nov. 6, 2023 /PRNewswire/ -- Madison Energy Infrastructure (MEI), a leading clean energy developer and asset owner, today announced the acquisition of Pro-Tech Energy Solutions (Pro-Tech), an early pioneer in the commercial and industrial sector with an accomplished EPC function and a pipeline of distributed and large-scale projects.
The global movement towards clean, local energy has fueled a need for partners to offer and deliver a comprehensive suite of sustainable solutions with certainty, speed, and trust.
Richard Cooper, CEO of Pro-Tech, said, "Our journey at Pro-Tech has been remarkable, and with Madison Energy Infrastructure's acquisition, we're poised to realize even greater heights.

Global Flow Battery Market Set to Surge, Fueled by Renewable Energy Demand and Grid Modernization - ResearchAndMarkets.com

Retrieved on:

Monday, October 30, 2023

Other Energy, Energy, Row, Vanadium, C&I, EVS, News, Investment, SWOT, EV, Market, Zinc, UPS, Electric battery, Retail

This report offers an exhaustive analysis of the flow battery sector, encompassing market size, growth projections, trends, drivers, key players, technologies, applications, and future prospects.

Key Points:

This report offers an exhaustive analysis of the flow battery sector, encompassing market size, growth projections, trends, drivers, key players, technologies, applications, and future prospects.
The global market for flow batteries is gearing up for exponential growth, fueled by an escalating need for renewable energy storage and advancements in grid modernization.
Flow batteries, renowned for their distinct advantages in large-scale energy storage applications, are poised to revolutionize the energy landscape.
"The Global Market for Flow Batteries 2024-2034" serves as an indispensable guide for stakeholders throughout the energy storage value chain.

Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

Retrieved on:

Monday, October 30, 2023

Banking, Professional Services, Finance, Benchmark, Adjustable-rate mortgage, Customers Bancorp, Federal Deposit Insurance Corporation, CME, NYSE, Structure of the Federal Reserve System, Interest rate, Federal Reserve Board of Governors, C&I, Federal Reserve, LIBOR, American Banker, Series, Holding company, Security (finance)

Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE) of $0.68319767 per share.

Key Points:

Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE) of $0.68319767 per share.
The dividend is payable on December 15, 2023, to shareholders of record on November 30, 2023.
The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE: CUBIPrF) of $0.65931017 per share.
The company is reminding shareholders that, in accordance with Federal Reserve Board rules implementing the Adjustable Interest Rate (the “LIBOR Act”), after June 30, 2023, Customers Bancorp Inc. is no longer using the three-month LIBOR as a reference rate for determining the dividend rate of the Company’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E, par value $1.00 per share (“Series E Preferred Stock”), and Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F, par value $1.00 per share (“Series F Preferred Stock”).