Pacific Green

C&K Trucking Expands to the West Coast with New Locations

Retrieved on: 
Monday, March 4, 2024

CHICAGO HEIGHTS, Ill., March 4, 2024 /PRNewswire-PRWeb/ -- C&K Trucking, a nationwide drayage trucking company serving importers and shippers, announces the opening of two new terminals to serve the West Coast: Los Angeles and Seattle. The expansion is made possible with increased chassis and contractor capacity from Pacific Green Trucking, which C&K Trucking acquired in late 2023.

Key Points: 
  • CHICAGO HEIGHTS, Ill., March 4, 2024 /PRNewswire-PRWeb/ -- C&K Trucking, a nationwide drayage trucking company serving importers and shippers, announces the opening of two new terminals to serve the West Coast: Los Angeles and Seattle.
  • The expansion is made possible with increased chassis and contractor capacity from Pacific Green Trucking , which C&K Trucking acquired in late 2023.
  • "With our added infrastructure, we can expedite drayage from the ports to the rail ramps or to the distribution centers on the west coast."
  • --President Sean McShane, C&K Holdings
    "This is great news for anyone who needs drayage operations on the West Coast," said Sean McShane , president of C&K Holdings.

Pacific Green targets 12GWh battery energy storage capacity across four global markets

Retrieved on: 
Tuesday, February 6, 2024

DOVER, DE, Feb. 06, 2024 (GLOBE NEWSWIRE) --  Global energy storage and environmental technology company, Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) is targeting more than 12GWh of battery energy storage capacity across four global markets.

Key Points: 
  • DOVER, DE, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Global energy storage and environmental technology company, Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) is targeting more than 12GWh of battery energy storage capacity across four global markets.
  • Pacific Green is targeting a minimum of 1GWh capacity in each market it enters.
  • Pacific Green’s Australian team is targeting financial close on its first 500MWh of storage capacity this year, ahead of the start of commercial operations in 2026.
  • Pacific Green intends to enter the nascent Polish market in 2024, targeting an initial origination pipeline of approximately 400MWh storage capacity.

Shanghai Electric's Energy Storage and PV Projects in the UK Hit New Milestones

Retrieved on: 
Thursday, January 4, 2024

The last in-progress project, Fiskerton II-A, in the suite of eight solar projects in Lincolnshire, has been connected to the grid.

Key Points: 
  • The last in-progress project, Fiskerton II-A, in the suite of eight solar projects in Lincolnshire, has been connected to the grid.
  • LONDON, Jan. 3, 2024 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) announced its achievement in the energy storage business that the 100MW/100MWh REP1&2 energy storage station in the UK ("REP1&2"), also its first large-scale overseas energy storage project, has entered commercial operation.
  • Shanghai Electric provided a full set of energy storage system solutions, including 38 battery containers and 20 PCS containers, with the completion of the project marking a significant stride for Shanghai Electric in expanding its footprint in the global energy storage market.
  • "The eight solar projects delivered by Shanghai Electric in Lincolnshire will provide 128,117MWh green electricity in the UK each year.

Shanghai Electric's Energy Storage and PV Projects in the UK Hit New Milestones

Retrieved on: 
Thursday, January 4, 2024

The last in-progress project, Fiskerton II-A, in the suite of eight solar projects in Lincolnshire, has been connected to the grid.

Key Points: 
  • The last in-progress project, Fiskerton II-A, in the suite of eight solar projects in Lincolnshire, has been connected to the grid.
  • LONDON, Jan. 4, 2024 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) announced its achievement in the energy storage business that the 100MW/100MWh REP1&2 energy storage station in the UK ("REP1&2"), also its first large-scale overseas energy storage project, has entered commercial operation.
  • Shanghai Electric provided a full set of energy storage system solutions, including 38 battery containers and 20 PCS containers, with the completion of the project marking a significant stride for Shanghai Electric in expanding its footprint in the global energy storage market.
  • "The eight solar projects delivered by Shanghai Electric in Lincolnshire will provide 128,117MWh green electricity in the UK each year.

Richborough Energy Park battery connects to grid on site of former coal plant

Retrieved on: 
Thursday, December 21, 2023

The battery will also provide grid stability services, for example helping to manage voltage and frequency imbalances as renewable generation dips up and down.

Key Points: 
  • The battery will also provide grid stability services, for example helping to manage voltage and frequency imbalances as renewable generation dips up and down.
  • The facility is managed by Pacific Green under a long term asset management agreement and was Sosteneo’s first acquisition in the UK.
  • Richborough substation already hosts the connection for National Grid’s own 1GW Nemo Link interconnector with Belgium, while Thanet Offshore Wind Farm – the world’s biggest at the time of its launch – also connects into an adjacent substation on the wider Richborough Energy Park site.
  • National Grid started redeveloping the site following the demolition of the coal plant, building the converter station for Nemo Link where the plant’s cooling towers once stood.

Pacific Green Concludes 2023 with Huge Growth in its Battery Energy Parks Business

Retrieved on: 
Thursday, December 14, 2023

Dover, DE, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) is celebrating a year of significant progress in its mission to build a global pipeline of grid-scale Battery Energy Storage Systems (BESS).

Key Points: 
  • Dover, DE, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) is celebrating a year of significant progress in its mission to build a global pipeline of grid-scale Battery Energy Storage Systems (BESS).
  • In June, Pacific Green completed the sale of 99.8 MW / 99.8 MWh Richborough to energy transition fund Sosteneo for an enterprise value of £74 million (US$93 million).
  • In Italy, Pacific Green acquired 51% of the shares in five 100 MW battery energy parks from energy originator, Sphera Energy, with the balance of shares to be acquired upon the achievement of certain milestones by Sphera.
  • Scott Poulter, Pacific Green’s Chief Executive, said: “2023 has been a pivotal year for Pacific Green as we take huge steps to become a major global player in the battery energy storage market.

Pacific Green and SSE enter into Energy Optimization Agreement for Pacific Green’s 249MW / 373.5MWh Sheaf Energy Park Battery Development

Retrieved on: 
Tuesday, November 21, 2023

London, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that Sheaf Energy Limited, a wholly-owned subsidiary of Pacific Green, has entered into an agreement with SSE Energy Supply Limited (“SSE”) wherein SSE will provide trading and optimization services for the 249 MW / 373.5 MWh Sheaf Energy Park battery energy storage system (“Sheaf Energy Park”) that Pacific Green is developing in Kent, England (the “Agreement”).

Key Points: 
  • London, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that Sheaf Energy Limited, a wholly-owned subsidiary of Pacific Green, has entered into an agreement with SSE Energy Supply Limited (“SSE”) wherein SSE will provide trading and optimization services for the 249 MW / 373.5 MWh Sheaf Energy Park battery energy storage system (“Sheaf Energy Park”) that Pacific Green is developing in Kent, England (the “Agreement”).
  • Under the terms of the Agreement, Pacific Green will be responsible for the construction, operation and maintenance of Sheaf Energy Park, while SSE will provide optimization services for a 10 year period from the start of commercial operations, which is expected in July 2025.
  • Scott Poulter, Pacific Green’s Chief Executive, commented: “SSE is one of the UK’s most prominent and reliable energy providers, and we are thrilled to have them trading Sheaf Energy Park for the foreseeable future.
  • Following completion of the transaction, Pacific Green will maintain responsibility for construction, operation and maintenance of Sheaf Energy Park.

Pacific Green Acquires Five Battery Energy Storage Developments in Italy Totaling 500MW / 2,800MWh

Retrieved on: 
Thursday, November 16, 2023

Dover, DE, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Pacific Green Battery Energy Park (Italia) Srl, a wholly-owned subsidiary of Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB: PGTK)) announces that it has acquired 51% of the shares in five Italian projects (the “Projects”) from Sphera Energy Srl.

Key Points: 
  • Dover, DE, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Pacific Green Battery Energy Park (Italia) Srl, a wholly-owned subsidiary of Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB: PGTK)) announces that it has acquired 51% of the shares in five Italian projects (the “Projects”) from Sphera Energy Srl.
  • The remaining 49% of the shares of each Project will be acquired on achievement of certain development milestones.
  • The first 100MW battery energy storage system (“BESS”) project in Campania has been submitted to The Ministry of Environment and Energy Security for permitting and the remaining four will be finalized in the coming months.
  • Final permitting for all five projects is anticipated in Q4 2024, with design and construction to be managed by Pacific Green.

Richborough Battery Energy Park is Officially Handed Over to Shell to Begin Trading on the Energy Markets

Retrieved on: 
Tuesday, November 14, 2023

London, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Pacific Green is happy to report that control of the first stage of the 99.8 MWh Richborough Battery Energy Park (“REP2”) has been handed over to Shell Energy Europe Limited (“Shell”) which will provide dispatch trading and optimisation services after testing is concluded.

Key Points: 
  • London, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Pacific Green is happy to report that control of the first stage of the 99.8 MWh Richborough Battery Energy Park (“REP2”) has been handed over to Shell Energy Europe Limited (“Shell”) which will provide dispatch trading and optimisation services after testing is concluded.
  • During the w/c the 6th of November, all the REP2 testing and commissioning was successfully completed to the satisfaction of the National Grid and control of the asset was handed to Shell.
  • The technical team at Shell, working alongside their energy trading colleagues, will complete the fine-tuning before entering the asset into commercial markets.
  • Rupen Tanna, Head of Power and Systematic Trading, Shell Energy Europe Limited commented: “We are delighted to partner with Pacific Green to optimise the Richborough Battery Energy Park, one of the UK’s major battery projects.

Pacific Green Enters Agreement to Secure Strategic Site to Develop 0.5GW / 1.0GWh Battery Energy Park in South Australia

Retrieved on: 
Thursday, November 9, 2023

Dover, DE, Nov. 09, 2023 (GLOBE NEWSWIRE) -- / Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB: PGTK) announces that Pacific Green Technologies (Australia) Pty Ltd., a wholly owned subsidiary of Pacific Green, has entered into an exclusivity agreement to secure a strategically located land site in Limestone Coast, South Australia to develop a 0.5 GW / 1.0 GWh battery energy park (the “Project”).

Key Points: 
  • Dover, DE, Nov. 09, 2023 (GLOBE NEWSWIRE) -- / Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB: PGTK) announces that Pacific Green Technologies (Australia) Pty Ltd., a wholly owned subsidiary of Pacific Green, has entered into an exclusivity agreement to secure a strategically located land site in Limestone Coast, South Australia to develop a 0.5 GW / 1.0 GWh battery energy park (the “Project”).
  • The Project will commence construction in 2024, with the energy park anticipated to be operational in 2026.
  • When completed it will be the largest battery park in South Australia, connecting directly into an existing 275 kVA substation.
  • Joel Alexander, Pacific Green’s Managing Director, Australia, commented: “We are excited to grow our portfolio into South Australia, which already has the highest adoption of renewable generation of all states in Australia.