Ball State Center for Energy Research/Education/Service

Sunnova Signs $3.0 Billion Loan Guarantee Agreement with U.S. Department of Energy to Expand Clean Energy Access

Retrieved on: 
Thursday, September 28, 2023

Each energy system will include access to Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.

Key Points: 
  • Each energy system will include access to Sunnova’s purpose-built technology, accessible by smart phone or other personal electronic device.
  • “Today marks the beginning of an exciting chapter in our pursuit of a cleaner and more equitable energy landscape.
  • Sunnova anticipates the loan guarantee agreement will support over an estimated $5.0 billion in Sunnova loan originations, reduce the company’s weighted average cost of capital, and generate interest savings.
  • The DOE loan guarantee agreement is issued pursuant to Title XVII of the Energy Policy Act of 2005.

Sunnova Announces Third Quarter 2023 Earnings Release Date and Conference Call

Retrieved on: 
Tuesday, September 26, 2023

Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading Energy as a Service (EaaS) provider, announced today it will release its third quarter 2023 results after the markets close on October 25, 2023, to be followed by a conference call to discuss the results at 8:00 a.m. Eastern Time on October 26, 2023.

Key Points: 
  • Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading Energy as a Service (EaaS) provider, announced today it will release its third quarter 2023 results after the markets close on October 25, 2023, to be followed by a conference call to discuss the results at 8:00 a.m. Eastern Time on October 26, 2023.
  • The conference call can be accessed live over the phone by dialing 833-470-1428, or for international callers, 929-526-1599.
  • The access code for the live call is 663505.

UgoWork signs pan-canadian distribution agreement with Liftow

Retrieved on: 
Tuesday, August 22, 2023

In an effort to quickly expand Liftow’s offering, its sales and technical teams in Ontario and Québec have already been trained on UgoWork products.

Key Points: 
  • In an effort to quickly expand Liftow’s offering, its sales and technical teams in Ontario and Québec have already been trained on UgoWork products.
  • Under the official agreement, Liftow will offer UgoWork’s complete line of lithium-ion batteries for electric forklifts .
  • “We are thrilled that Liftow, as a reputable Canadian leader, recognizes the tremendous value UgoWork can bring to material handling teams—in terms of productivity, capacity and cost-savings,” said Philippe Beauchamp, President and CEO at UgoWork.
  • Contact Liftow today or reach out to a UgoWork Energy Expert .

Brenmiller Energy Reports Operational Update and Financial Results for the Six Months Ended June 30, 2023

Retrieved on: 
Friday, August 11, 2023

Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy”) (Nasdaq: BNRG; TASE: BNRG), a global leader in thermal energy storage (“TES”), today announced financial results as of and for the six months ended June 30, 2023, in addition to operational and recent business development updates.

Key Points: 
  • Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy”) (Nasdaq: BNRG; TASE: BNRG), a global leader in thermal energy storage (“TES”), today announced financial results as of and for the six months ended June 30, 2023, in addition to operational and recent business development updates.
  • Decarbonization of heat is the low hanging fruit of fighting climate change, as heat is the largest energy end-use,” stated Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller Energy.
  • This decrease was offset by a net decrease of $0.17 million in government grants received in the six months ended June 30, 2023, compared to the six months ended June 30, 2022.
  • The Company expects research, development, and engineering expenses will remain similar to those during the period ended June 30, 2023.

Brenmiller’s Launches bGen™ ZERO for Renewable Power-to-Heat and Industrial Decarbonization, Expects to Unlock New Revenue Streams

Retrieved on: 
Wednesday, August 9, 2023

By electrifying heat, the bGenZERO is designed to address growing market demand for decarbonization solutions in the industrial and power sectors.

Key Points: 
  • By electrifying heat, the bGenZERO is designed to address growing market demand for decarbonization solutions in the industrial and power sectors.
  • Impressive Steam Power Generation: Delivers substantial steam power generation, offering a stable steam supply for various power, commercial and industrial applications.
  • The bGen ZERO design, paired with performance improvements, presents a multi-use solution to tap into decarbonization which Brenmiller believes will unlock new revenue streams across applications including grid services.
  • The bGen ZERO helps boost flexibility and stability for power grids by using excess renewable energy to generate heat.

Sunnova Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, July 26, 2023

Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), one of the leading Energy as a Service (EaaS) providers, today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), one of the leading Energy as a Service (EaaS) providers, today announced financial results for the second quarter ended June 30, 2023.
  • "We are rapidly achieving scale as evidenced by another record number of customers placed into service in the second quarter.
  • As of June 30, 2023, Sunnova had total cash of $405.9 million, including restricted and unrestricted cash.
  • Sunnova is hosting a conference call for analysts and investors to discuss its second quarter 2023 results at 8:00 a.m. Eastern Time, on July 27, 2023.

Guidehouse Ranks Schneider Electric, AlphaStruxure, as the #1 Microgrid Integrator

Retrieved on: 
Wednesday, July 12, 2023

BOSTON, July 12, 2023 /PRNewswire/ -- Schneider Electric™ and AlphaStruxure were ranked as the #1 microgrid integrator by Guidehouse Insights for its 2023 Guidehouse Insights Leaderboard: Microgrid Integrators report.

Key Points: 
  • BOSTON, July 12, 2023 /PRNewswire/ -- Schneider Electric™ and AlphaStruxure were ranked as the #1 microgrid integrator by Guidehouse Insights for its 2023 Guidehouse Insights Leaderboard: Microgrid Integrators report.
  • AlphaStruxure combines Carlyle's financial backing and its expertise in energy infrastructure with Schneider Electric's track record as the leading microgrid technology provider, with over 350 successful projects across North America.
  • Schneider Electric™ and AlphaStruxure were ranked as the #1 microgridintegrator by Guidehouse Insights.
  • In this case, the Guidehouse ranking validates that AlphaStruxure and Schneider are indeed leaders of the pack," said Juan Macias, CEO of AlphaStruxure.

Sunnova Announces Second Quarter 2023 Earnings Release Date and Conference Call

Retrieved on: 
Tuesday, June 27, 2023

Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading Energy as a Service (EaaS) provider, announced today it will release its second quarter 2023 results after the markets close on July 26, 2023, to be followed by a conference call to discuss the results at 8:00 a.m. Eastern Time on July 27, 2023.

Key Points: 
  • Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading Energy as a Service (EaaS) provider, announced today it will release its second quarter 2023 results after the markets close on July 26, 2023, to be followed by a conference call to discuss the results at 8:00 a.m. Eastern Time on July 27, 2023.
  • The conference call can be accessed live over the phone by dialing 833-470-1428, or for international callers, 929-526-1599.
  • The access code for the live call is 861389.

GreenStruxure and Montgomery County, Maryland Unveil New Renewable Energy Microgrid at Animal Shelter

Retrieved on: 
Wednesday, June 14, 2023

BOSTON, June 14, 2023 (GLOBE NEWSWIRE) -- GreenStruxure , a leading Energy as a Service company, recently commissioned an on-site renewable energy microgrid for Montgomery County Maryland’s animal shelter.

Key Points: 
  • BOSTON, June 14, 2023 (GLOBE NEWSWIRE) -- GreenStruxure , a leading Energy as a Service company, recently commissioned an on-site renewable energy microgrid for Montgomery County Maryland’s animal shelter.
  • Today, the company and the county hosted a ribbon cutting ceremony at the shelter to unveil the microgrid.
  • “We are thrilled to be helping the Montgomery County Animal Shelter transition to a more resilient, sustainable energy solution,” said GreenStruxure CEO, Jose Lorenzo Lista.
  • GreenStruxure and Montgomery County agreed to a 25-year energy services agreement to provide onsite zero-carbon energy service and resilience service.

Brenmiller Energy Reports First Quarter 2023 Financial Results and Operational Update

Retrieved on: 
Thursday, May 25, 2023

Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy”) (Nasdaq: BNRG; TASE: BNRG), a global leader in thermal energy storage (“TES”), today announced financial results as of and for the three months ended March 31, 2023, in addition to operational and recent business development updates.

Key Points: 
  • Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy”) (Nasdaq: BNRG; TASE: BNRG), a global leader in thermal energy storage (“TES”), today announced financial results as of and for the three months ended March 31, 2023, in addition to operational and recent business development updates.
  • We are actively pursuing numerous additional opportunities that we believe will advance into large-scale revenue-generating projects,” stated Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller Energy.
  • The approved grant is to fund the clean energy project outlined in a Memorandum of Understanding ("MOU") between Brenmiller and the beverage company.
  • Dimona Israel Production Facility: World’s First Gigafactory for Thermal Energy Storage: On May 2, 2023, Brenmiller inaugurated its TES gigafactory in Dimona, Israel.