National Electricity Market

Exro Technologies' Receives the 2022 Illuminations Award for Business Innovation from the National Electrical Manufacturers Association

Retrieved on: 
Friday, November 18, 2022

The recognition is the third major industry award received in 2022, following on Exro's recent AutoTech Breakthrough Award and the company's Edison Gold Award earlier this year

Key Points: 
  • The recognition is the third major industry award received in 2022, following on Exro's recent AutoTech Breakthrough Award and the company's Edison Gold Award earlier this year
    CALGARY, AB, Nov. 18, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO), (OTCQB: EXROF)(the "Company" or "Exro") is pleased to announce that the company is the recipient of the 2022 "Illuminations Award for Business Innovation" from the National Electrical Manufacturers Association (NEMA).
  • The NEMA Nominations and Awards Committee selected Exro based on its technical innovation and application of advanced technology.
  • The "Illuminations Award for Business Innovation" is an annual recognition of a company that has demonstrated success through entrepreneurial expertise, application of advanced technology, or pioneering innovation.
  • We are incredibly grateful to NEMA for this recognition and for the industry leadership they provide to the many great electrical products manufacturers."

Pertamina increases geothermal capacity for its emission reductions

Retrieved on: 
Wednesday, November 9, 2022

Yuniarto further explained that Pertamina is targeting the achievement of net zero emissions by 2060 with the support of various decarbonization measures and green businesses, including the development of its geothermal capacity.

Key Points: 
  • Yuniarto further explained that Pertamina is targeting the achievement of net zero emissions by 2060 with the support of various decarbonization measures and green businesses, including the development of its geothermal capacity.
  • That amount of geothermal capacity represents 82 percent of the total installed geothermal capacity in Indonesia.
  • "Pertamina Geothermal Energy is committed, in the next five years, to increase the installed (geothermal) capacity of 600 megawatts," he stated.
  • Apart from encouraging emission reductions through additional installed geothermal capacity, PGE also supports the rehabilitation of 588 hectares of forest areas.

Future of Proposed Waste-to-Energy Facility in Victoria in Doubt

Retrieved on: 
Wednesday, September 14, 2022

The project was pitched to burn kerbside rubbish to power the paper mill at Maryvale in the Latrobe Valley.

Key Points: 
  • The project was pitched to burn kerbside rubbish to power the paper mill at Maryvale in the Latrobe Valley.
  • The federal Labor government is currently reviewing 17 grants that were approved before the election.
  • Since being announced, the $600 million project has raised concerns from environmental advocacy group Environment Australia around the plant's emissions.
  • Waste Sense explains that the proposed facility is based on technology already being used in Europe, with sophisticated scrubbing systems designed to prevent adverse impacts to humans or the environment.

MC and InfraRed Named Preferred Bidders for UK Offshore Transmission Asset

Retrieved on: 
Friday, September 9, 2022

TOKYO, Sept 9, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that MC and InfraRed Capital Partners (InfraRed) have been selected as the preferred bidders for a new offshore electricity transmission link in the UK.

Key Points: 
  • TOKYO, Sept 9, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that MC and InfraRed Capital Partners (InfraRed) have been selected as the preferred bidders for a new offshore electricity transmission link in the UK.
  • MC's partnership with InfraRed comes via its UK-based, wholly owned subsidiary Diamond Transmission Corporation Limited (DTC).
  • MC and InfraRed will operate this electricity transmission business for a 24-year period, following successful acquisition of the assets and the granting of an Offshore Transmission Owner license by the UK's Office of Gas and Electricity Markets (Ofgem).
  • To operate the business efficiently, DTC will leverage its experience running its existing transmission assets in the UK.

Hydrostor’s Compressed Air Energy Storage Selected as Preferred Option by Transgrid to Provide Back-up Electricity for Broken Hill, New South Wales

Retrieved on: 
Thursday, May 26, 2022

Silver City is being developed in partnership with Australian developer Energy Estate, using Hydrostors Advanced Compressed Air Energy Storage (A-CAES) solution.

Key Points: 
  • Silver City is being developed in partnership with Australian developer Energy Estate, using Hydrostors Advanced Compressed Air Energy Storage (A-CAES) solution.
  • A-CAES provides equivalent reliability, scale, duration, and operating life as pumped hydro storage, but with greater siting flexibility and utilizing up to 10x less water and 20x less land.
  • Transgrids Executive General Manager of Networks, Marie Jordan, said: The preferred long-term solution put forward by Canadian firm Hydrostor is in the long-term interests of electricity customers.
  • New South Wales is a global leader with its clean energy policy and net zero ambitions and we are looking forward to commencing our first A-CAES project in Australia.

KKR, Ontario Teachers’ and PSP Investments Complete Acquisition of Spark Infrastructure

Retrieved on: 
Wednesday, December 22, 2021

KKR, Ontario Teachers Pension Plan Board (Ontario Teachers) and Public Sector Pension Investment Board (PSP Investments and together, the Consortium) today announced the completion of the acquisition of all issued securities of Spark Infrastructure (ASX: SKI) in an all-cash transaction for approximately A$5.2 billion.

Key Points: 
  • KKR, Ontario Teachers Pension Plan Board (Ontario Teachers) and Public Sector Pension Investment Board (PSP Investments and together, the Consortium) today announced the completion of the acquisition of all issued securities of Spark Infrastructure (ASX: SKI) in an all-cash transaction for approximately A$5.2 billion.
  • Alongside Ontario Teachers and PSP Investments, we look forward to working with the management teams of Spark Infrastructure and its portfolio companies, to support the business objectives to improve grid stability and build secure, high-quality and cost-effective electricity infrastructure for customers across the country.
  • We are excited to add Spark Infrastructure to our Infrastructure portfolio and to continue nurturing our established relationships with KKR and Ontario Teachers, said Sandiren Curthan, Senior Director, Infrastructure Investments, PSP Investments.
  • It manages a diversified global portfolio composed of investments in public financial markets, private equity, real estate, infrastructure, natural resources and credit investments.

MAG Silver Reports Pre-Commissioning at Juanicipio and Third Quarter Underground Mine Production

Retrieved on: 
Wednesday, October 27, 2021

VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (MAG or MAG Silver) is pleased to report 2021 third quarter production of underground development material from the Juanicipio Project (56% / 44% Fresnillo plc (Fresnillo) and MAG Silver, respectively).

Key Points: 
  • VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (MAG or MAG Silver) is pleased to report 2021 third quarter production of underground development material from the Juanicipio Project (56% / 44% Fresnillo plc (Fresnillo) and MAG Silver, respectively).
  • Total Juanicipio production for the quarter based on provisional estimates before offtake agreement adjustments, totaled 667,532 silver ounces and 1,107 gold ounces (MAGs attributable 44% interest: 293,714 ounces of silver and 487 ounces of gold).
  • Construction of the Juanicipio processing plant continues to make good progress, with the focus now on transitioning from construction to commissioning activities.
  • Underground mine production of development material commenced in Q3 2020, and an expanded exploration program is in place targeting multiple highly prospective targets at Juanicipio.

Big Lou's Donuts Clinches Multiple Multimillion-Dollar Australia-Wide Supply Contracts, Including with Metcash, FoodWorks and Foodland

Retrieved on: 
Friday, October 8, 2021

Commercial donuts produced by Big Lou's Donuts are ideal for groceries and supermarkets while Epiphany Cafs pillow-soft donuts are more suited for the upper market that entails cafs and restaurants.

Key Points: 
  • Commercial donuts produced by Big Lou's Donuts are ideal for groceries and supermarkets while Epiphany Cafs pillow-soft donuts are more suited for the upper market that entails cafs and restaurants.
  • We plan to expedite the expansion plan of Epiphany Caf in Australia by utilizing Big Lou's Donuts as the central commissary to supply all Epiphany Caf outlets in Australia.
  • Also, Big Lou's Donuts factory is able to produce more than 9,000 donuts per hour.
  • The vegan donut will also include a vegan chocolate hazelnut spread custom made by Big Lous Donuts.

SFIO’s New Website is Now Live Featuring the Strategic Acquisition of Two Australian Companies as Part of SFIO’s $100M Roadmap by 2022

Retrieved on: 
Monday, September 13, 2021

The facility will be utilized by SFIO to produce Epiphany Caf's pillow-soft donuts as part of its expansion plan in Australia.

Key Points: 
  • The facility will be utilized by SFIO to produce Epiphany Caf's pillow-soft donuts as part of its expansion plan in Australia.
  • BLD successfully achieved a national supply contract with Australia's leading wholesale distribution and marketing company in June 2021.
  • SFIOs official website is now live with relevant and informative content about the company and its subsidiaries.
  • Investor pitch deck and calendar of events pertaining to SFIOs global campaign and roadshows will be posted on the website soon.

Opus One Solutions Selected by AusNet to Join Project EDGE in Piloting a Distributed Energy Resources Marketplace

Retrieved on: 
Tuesday, August 17, 2021

TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Opus One Solutions , a Global Cleantech 100 Company and leading provider of distributed energy resources (DER) and transactive energy (TE) management software has been selected by AusNet Services (Australia) to join Project EDGE (energy, demand and generation exchange).

Key Points: 
  • TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Opus One Solutions , a Global Cleantech 100 Company and leading provider of distributed energy resources (DER) and transactive energy (TE) management software has been selected by AusNet Services (Australia) to join Project EDGE (energy, demand and generation exchange).
  • The multi-year project is a collaboration between the Australian Energy Market Operator ( AEMO ), AusNet Services and Mondo Power with financial support from the Australian Renewable Energy Agency (ARENA) .
  • AusNet Services will deploy Opus Ones GridOS software to support project EDGEs DER marketplace in the Hume Region of Victoria, Australia.
  • Project EDGE aims to develop and test the concept of a DER marketplace for DER services.