Advanced Power Technologies

Advanced Power Closes Sale of Oriana Solar to Sabanci Renewables

Retrieved on: 
Wednesday, October 4, 2023
ERCOT, Electric Reliability Council of Texas, Parami Energy Group, Marathon Capital, Advanced Power Technologies, Electric Blue (TV series), Sale, Kilowatt-hour, Development, Tier 1 network, Sabancı, Renewable energy

BOSTON, Oct. 4, 2023 /PRNewswire/ -- Continuing its 20-year track record as a successful developer, owner and manager of necessary energy projects, Advanced Power announces the sale of its 100% interest in Oriana Solar LLC to Sabanci Renewables, a subsidiary of Sabanci Holdings. The sale marks yet another successful renewable energy project developed by Advanced Power in the Electric Reliability Council of Texas (ERCOT) market, and the second transaction closed with Sabanci.

Key Points: 
  • Development of 8 gigawatts U.S. renewables pipeline continues
    BOSTON, Oct. 4, 2023 /PRNewswire/ -- Continuing its 20-year track record as a successful developer, owner and manager of necessary energy projects, Advanced Power announces the sale of its 100% interest in Oriana Solar LLC to Sabanci Renewables, a subsidiary of Sabanci Holdings.
  • The sale marks yet another successful renewable energy project developed by Advanced Power in the Electric Reliability Council of Texas (ERCOT) market, and the second transaction closed with Sabanci.
  • Advanced Power announces sale of its 100% interest in Oriana Solar LLC to Sabanci Renewables.
  • With the sale of Oriana Solar, Advanced Power has successfully originated and closed four utility-scale solar and solar plus battery storage projects, totaling more than 800 megawatts-direct current (MWdc) and 240 megawatt-hours (MWh) of battery storage capacity.

CVD Equipment Corporation Announces Appointment of Dr. Ashraf Lotfi to its Board of Directors

Retrieved on: 
Monday, August 21, 2023
Other Defense, Other Energy, Oil, Gas, Energy, Technology, Defense, Semiconductor, Engineering, Chemicals, Plastics, Aerospace, Other Technology, Manufacturing, Laboratory, Electronics, CVD, CVV, Intel, Advanced Power Technologies, Bell Labs, Anpartsselskab, Power, Field-programmable gate array, Growth, Silicon, Research, Digital Equipment Corporation, Management, Altera

CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, announced today it had appointed Dr. Ashraf Lotfi to its Board of Directors.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, announced today it had appointed Dr. Ashraf Lotfi to its Board of Directors.
  • The Board of Directors also approved an expansion of the number of directors from the current level of five to six.
  • "We are delighted that Dr. Lotfi has agreed to join our Board,” said Lawrence J. Waldman, Chairman of CVD Equipment Corporation’s Board of Directors.
  • Manny Lakios, President and CEO of CVD Equipment Corporation, also commented, “We are very pleased to welcome Dr. Lotfi to our Board of Directors.

ARSAT CHOOSES COMMUNICATIONS & POWER INDUSTRIES FOR ARSAT-SG1 GROUND STATION KA-BAND PROGRAM

Retrieved on: 
Tuesday, March 14, 2023
Innovative Space-based Radar Antenna Technology, Telemetry, PALO, Ka, Digital divide, TT, SG1, Telecommunications, CPI International, TTC, HTS, TT&C, CPI, Advanced Power Technologies, ARSAT, Antenna, Communication, Communications satellite, Ka band

PALO ALTO, Calif., March 14, 2023 /PRNewswire/ -- ARSAT, the national Argentinian telecommunications company, has awarded Communications & Power Industries (CPI) an approximately $20 million contract to provide large, Ka-band telemetry, tracking and command (TT&C) and gateway systems to support the ARSAT-SG1 satellite. CPI will provide two 13.2 meter TT&C antennas and six 6.3 meter gateway earth station antennas, each fully integrated with CPI satellite communications amplifiers, to be installed at several sites in Argentina.

Key Points: 
  • CPI will provide two 13.2 meter TT&C antennas and six 6.3 meter gateway earth station antennas, each fully integrated with CPI satellite communications amplifiers, to be installed at several sites in Argentina.
  • To help accomplish this, we worked closely with ARSAT to ensure that we developed an integrated solution that fully met the needs of the SG1 GSKa program.
  • "By means of a bidding process, ARSAT selected CPI to lead this very important project for ARSAT and Argentina.
  • CPI's vast portfolio, heritage and excellent track record in commissioning Ka-band systems globally made them the clear supplier of choice.

Bechtel celebrates the completion of the Cutlass Solar Farm Project

Retrieved on: 
Thursday, January 26, 2023
Electric Reliability Council of Texas, Cutlass, Partnership, EPC, Wind, CO2, Advanced Power Technologies, System, Electricity, Engineering, Renewable energy, Fort Bend

FORT BEND, Texas, Jan. 26, 2023 /PRNewswire/ -- Bechtel announced the completion of the Cutlass Solar project in Fort Bend, Texas. The solar photovoltaic project added 140 MWDC to the Electric Reliability Council of Texas' Houston Zone, enough to power approximately 20,000 homes with zero-carbon electricity and eliminate 300,000 metrics tons of CO2 emissions.

Key Points: 
  • FORT BEND, Texas, Jan. 26, 2023 /PRNewswire/ -- Bechtel announced the completion of the Cutlass Solar project in Fort Bend, Texas.
  • Bechtel partnered with Advanced Power in the development of Cutlass Solar through Bechtel Enterprises, the company's project development and financing arm.
  • Together with Advanced Power, the owner of the project, Bechtel developed innovative contracting solutions to advance the project and minimize completion delays.
  • Cutlass Solar is the fourth project Bechtel has delivered for Advanced Power.

Cutlass Solar Achieves Full Commercial Operations

Retrieved on: 
Monday, January 23, 2023
Eneos, Advanced Power Technologies, Growth, ERCOT, JA Solar Holdings, Organization, Bechtel, Engineering, Renewable energy, Construction, Greater Houston

BOSTON, Jan. 23, 2023 /PRNewswire/ -- Advanced Power announced today that its Cutlass Solar project has achieved full commercial operations and continues to supply reliable, renewable power to the Greater Houston area.

Key Points: 
  • BOSTON, Jan. 23, 2023 /PRNewswire/ -- Advanced Power announced today that its Cutlass Solar project has achieved full commercial operations and continues to supply reliable, renewable power to the Greater Houston area.
  • Today's announcement completes the transition from construction and testing to full commercial operations.
  • "Cutlass Solar exemplifies Advanced Power's continuing growth as a global developer, manager, and owner of modern power infrastructure.
  • Cutlass Solar sits on a 700-acre site located approximately 40 miles southwest of Houston in Fort Bend County, Texas.

Schneider Electric Wins 'Cloud Transformation/MSP Project' and 'Futureproofing Initiative' of the Year' at the SDC Awards 2022

Retrieved on: 
Thursday, December 1, 2022
Cloud, Software, Birmingham Women's NHS Foundation Trust, University, DCIM, Curriculum, Partnership, Electric Universe (album), Advanced Power Technologies, Digitalization, Guy's and St Thomas' NHS Foundation Trust, Life, The French Connection (production company), Trust, UPS, APT, Schneider Electric, NHS foundation trust, CPD, Birmingham Women's and Children's NHS Foundation Trust, UK, Woman, Sustainability, Great Ormond Street Hospital for Children NHS Foundation Trust, SDC, Safety, Risk management, Online shopping, Medical device

LONDON, Dec. 1, 2022 /PRNewswire/ -- Schneider Electric™, the leader in digital transformation of energy management and automation has won two categories at the prestigious 2022 Storage, Digitalisation and Cloud (SDC) Awards. Schneider Electric secured awards in the 'Futureproofing Initiative' category for its Schneider Electric University, an industry-leading professional education platform that helps to bridge the data centre sector skills gap.

Key Points: 
  • Schneider Electric secured awards in the 'Futureproofing Initiative' category for its Schneider Electric University, an industry-leading professional education platform that helps to bridge the data centre sector skills gap.
  • Schneider Electric and its Elite Partners, Advanced Power Technology, also secured a second award for the 'Cloud Transformation/MSP Project of the Year' category.
  • To date, the Schneider Electric (SE) University has delivered more than one million courses to over 650,000 data centre professionals, with +180 countries represented by its global user base.
  • In collaboration with its Elite Partners Advanced Power Technology (APT) , Schneider Electric received a second award for 'Cloud Transformation/MSP Project of the Year'.

Schneider Electric Wins 'Cloud Transformation/MSP Project' and 'Futureproofing Initiative' of the Year' at the SDC Awards 2022

Retrieved on: 
Thursday, December 1, 2022
Cloud, Software, Birmingham Women's NHS Foundation Trust, University, DCIM, Curriculum, Partnership, Electric Universe (album), Advanced Power Technologies, Digitalization, Guy's and St Thomas' NHS Foundation Trust, Life, The French Connection (production company), Trust, UPS, APT, Schneider Electric, NHS foundation trust, CPD, Birmingham Women's and Children's NHS Foundation Trust, UK, Woman, Sustainability, Great Ormond Street Hospital for Children NHS Foundation Trust, SDC, Safety, Risk management, Online shopping, Medical device

LONDON, Dec. 1, 2022 /PRNewswire/ -- Schneider Electric™, the leader in digital transformation of energy management and automation has won two categories at the prestigious 2022 Storage, Digitalisation and Cloud (SDC) Awards. Schneider Electric secured awards in the 'Futureproofing Initiative' category for its Schneider Electric University, an industry-leading professional education platform that helps to bridge the data centre sector skills gap.

Key Points: 
  • Schneider Electric secured awards in the 'Futureproofing Initiative' category for its Schneider Electric University, an industry-leading professional education platform that helps to bridge the data centre sector skills gap.
  • Schneider Electric and its Elite Partners, Advanced Power Technology, also secured a second award for the 'Cloud Transformation/MSP Project of the Year' category.
  • To date, the Schneider Electric (SE) University has delivered more than one million courses to over 650,000 data centre professionals, with +180 countries represented by its global user base.
  • In collaboration with its Elite Partners Advanced Power Technology (APT) , Schneider Electric received a second award for 'Cloud Transformation/MSP Project of the Year'.

Advanced Power Announces Close of $60 million Capital Facility

Retrieved on: 
Monday, October 24, 2022
Investment banking, Advanced Power Technologies, CIB, LCS, ERCOT, MISO, Letter, Letter of credit, Heart, CO2, PJM, Renewable energy

BOSTON, Oct. 24, 2022 /PRNewswire/ -- Advanced Power announces the close of a $60 million capital facility at its corporate level through Crédit Agricole Corporate and Investment Bank (CIB). The new line of credit enables Advanced Power to more expeditiously deliver its North American pipeline of renewables projects.

Key Points: 
  • Financing to support development of 8-gigawatt U.S. renewables pipeline
    BOSTON, Oct. 24, 2022 /PRNewswire/ -- Advanced Power announces the close of a $60 million capital facility at its corporate level through Crdit Agricole Corporate and Investment Bank (CIB).
  • The new line of credit enables Advanced Power to more expeditiously deliver its North American pipeline of renewables projects.
  • New financing enables Advanced Power to more expeditiously deliver its North American pipeline of renewables projects.
  • Advanced Power is a privately owned, global developer, manager, and owner of modern power infrastructure.

Advanced Power Closes Sale of Cutlass Solar II to Sabanci Renewables

Retrieved on: 
Thursday, October 13, 2022
The Energy Group, Sale, Parami Energy Group, Advanced Power Technologies, Electricity, Carbon, ERCOT, MISO, CEO, Engineering, CO2, PJM, Renewable energy, Sabancı

BOSTON, Oct. 13, 2022 /PRNewswire/ -- Advanced Power continues to display its depth as a successful developer of renewable energy projects with the sale of its 100% interest in Cutlass Solar II LLC to Sabanci Renewables, a 100% subsidiary of Sabanci Holdings.

Key Points: 
  • BOSTON, Oct. 13, 2022 /PRNewswire/ -- Advanced Power continues to display its depth as a successful developer of renewable energy projects with the sale of its 100% interest in Cutlass Solar II LLC to Sabanci Renewables, a 100% subsidiary of Sabanci Holdings.
  • Advanced Power and Sabanci aim to continue their affiliation through the construction of Cutlass Solar II the Turkish-based company's first U.S. energy venture.
  • The sale of Cutlass Solar II is the second and final phase of Advanced Power's Cutlass Solar projects.
  • Advanced Power focused on further U.S. renewables development
    Cutlass Solar and Cutlass Solar II demonstrate Advanced Power's proficiency in bringing premier power projects to the market.

HORIBA Commemorates Official Grand Opening of the HORIBA Institute for Mobility and Connectivity2 (HIMaC2) at the University of California, Irvine

Retrieved on: 
Wednesday, October 12, 2022
U.S. Department of Defense Strategy for Operating in Cyberspace, U.S. News & World Report, UCI, Health care, Transport, Advanced Power Technologies, U.S. Department of Energy, Office of Inspector General, Electricity, Attention, APEP, Mobility, Research, Collection, Energy & Environment, Invention, Technology, University, Student, DOE, Partnership, Material, Industry, Environment, Association, Campus of the University of California, Irvine, Nobel, California Air Resources Board, Hydrogen, Connected, Solution, Association of American Universities, Renewable energy, Toy, Engineering, Energy

"I'm very pleased to announce that this innovative and world-leading research institute has been completed under a longstanding cooperative relationship between UCI and HORIBA.

Key Points: 
  • "I'm very pleased to announce that this innovative and world-leading research institute has been completed under a longstanding cooperative relationship between UCI and HORIBA.
  • As interest in electrification and hydrogen increases, the world is anxiously waiting for HIMaC2's outcomes."
  • In 2018, HORIBA pledged a $9 million donation to establish and support the HIMaC2.
  • The grand opening, held on Oct. 11, featured a reception for the 145 attendees, facility tours, as well as keynote speeches made by HORIBA and UCI executives.