China Power Clean Energy Development

China Power (02380.HK) Shows Hard Power in Energy Transition with 6 Original Technology Achievements

Retrieved on: 
Tuesday, October 31, 2023

The forum focused on two themes, "ensuring energy security and driving future energy development with innovation", exploring development paths for energy transition and sustainable development.

Key Points: 
  • The forum focused on two themes, "ensuring energy security and driving future energy development with innovation", exploring development paths for energy transition and sustainable development.
  • At the forum, China Power launched six technological innovations that are highly representative of the industry and lead the trend of industrial transformation.
  • As disclosed in the half-yearly report 2023, China Power has a consolidated installed capacity of 32,941.2 MW, with clean energy (hydropower, wind power, solar power, gas power and biomass power) accounting for 66.35%, a significant increase of 15.6% year on year.
  • While China Power continues to lead the industry in the clean energy market, it is also actively returning to its shareholders.

CALSTART Begins Work on Plan for Zero-Emission Corridor Along Eastern Seaboard

Retrieved on: 
Monday, October 16, 2023

NEW YORK, Oct. 16, 2023 /PRNewswire/ -- CALSTART, a mission-oriented industry nonprofit organization, announced today the launch of a groundbreaking project to guide investment in commercial medium- and heavy-duty (MHD) zero-emission vehicle (ZEV) infrastructure along I-95, one of the nation's most heavily traveled freight routes. The East Coast Commercial ZEV Corridor project will incorporate input from fleet operators, the charging and fueling industry, utilities and communities to determine the most equitable and efficient path forward to support MHD ZEV deployment.

Key Points: 
  • Funded by a $1.2M grant from the Department of Energy, the two-year initiative will define the locations, contributors, and processes that will result in an unprecedented, advanced technology, zero-emission freight corridor up and down the Eastern seaboard.
  • CALSTART has worked for decades with government, vehicle and infrastructure manufacturers, and fleets to put into place revolutionary clean-air regulations and to create the clean transportation industry necessary to meet them.
  • CALSTART will perform their study with support from Momentum, TETC/I-95 Corridor Coalition, National Renewable Energy Laboratory (NREL), Georgetown Climate Center, and Clean Cities Coalitions from each state along the corridor.
  • This roadmap will inform efforts by states, utilities, and the industry leaders to create a seamless truck charging network across the region."

Readying the Northeastern U.S. for Electric Trucks: National Grid to Build DOE Funded Roadmap

Retrieved on: 
Monday, October 16, 2023

WALTHAM, Mass. and BROOKLYN, N.Y., Oct. 16, 2023 /PRNewswire/ --National Grid today is announcing the kickoff of a landmark study to support the electrification of commercial fleets, mapping out truck charging needs across nearly 3,000 miles of major highways in the U.S. Northeast. Funded by a $1.2 million grant awarded by the U.S. Department of Energy (DOE), the two-year effort to build a Northeast Freight Corridors Charging Plan will focus on highways with heavy trucking traffic, including I-95 and I-90, and areas with commercial activity, like the Port of New York and New Jersey.

Key Points: 
  • The study led by National Grid will develop 20-year demand forecasts for more than 100 sites across New York, New Jersey, Pennsylvania, and all New England states.
  • "Readying our grid infrastructure for electric trucks will require careful planning and close collaboration across state lines," said Bart Franey, Vice President of Clean Energy Development in New York, National Grid.
  • "This DOE grant award brings the right stakeholders into the same room to chart a clear course for electric truck charging across the Northeast.
  • National Grid will also closely coordinate with CALSTART, the recipient of a similar DOE grant, to map out truck charging needs south of National Grid's study area.

National Grid and Hitachi Energy Transportation Decarbonization Study Highlights Path to Readying the Grid for Electric Fleets

Retrieved on: 
Tuesday, September 12, 2023

WALTHAM, Mass., Sept. 12, 2023 /PRNewswire/ -- A new study by National Grid and Hitachi Energy emphasizes the need for proactive planning and strategic investment to ensure the grid is primed for electrification of medium and heavy-duty vehicles (MHDVs) like buses, trucks, and vans.

Key Points: 
  • The study, "The Road to Transportation Decarbonization: Readying the Grid for Electric Fleets," builds on a 2021 collaborative study conducted by the two companies.
  • "Readying the Grid for Electric Fleets" puts readers in the shoes of a utility planner seeking to accommodate charging growth from over 400 electric trucks on one lightly utilized distribution line.
  • By focusing on this case study line, or feeder, the analysis from National Grid and Hitachi Energy provides valuable snapshots of how the phased introduction of electric vehicles will impact grid infrastructure over time.
  • In New York, National Grid is active in a new regulatory proceeding established to address the grid demands of MHDV charging.

World Trade Centers Association and World Trade Center Accra Successfully Bring Together Over 300 Leaders Across 40+ Countries at the 53rd Annual WTCA General Assembly in Accra, Ghana

Retrieved on: 
Thursday, May 11, 2023

NEW YORK, May 11, 2023 /PRNewswire/ -- The World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries —and World Trade Center (WTC) Accra have successfully concluded the 53rd annual WTCA General Assembly (GA) in Accra, Ghana. The five-day event, which took place April 23-27, brought together leaders and members of the global network of World Trade Center locations and their business networks — consisting of leaders from business, government, academia, media and international organizations — to hear insights from chief dignitaries representing Ghana, Namibia and the United States, and key experts; engage in roundtables and conversations; and explore new opportunities for growth and development across Africa. Themed "Towards African Economic Integration and Enhanced Global Presence," the event built on the WTCA's ongoing commitment to Africa.

Key Points: 
  • WTCA connected business leaders and B2B delegates leading to tangible business opportunities throughout Ghana and Africa, leveraging its core strength as a business enabler
    NEW YORK, May 11, 2023 /PRNewswire/ -- The World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries —and World Trade Center (WTC) Accra have successfully concluded the 53rd annual WTCA General Assembly (GA) in Accra, Ghana.
  • Themed "Towards African Economic Integration and Enhanced Global Presence," the event built on the WTCA's ongoing commitment to Africa.
  • "With the outlook of demographic growth to double in the next 25 years, the opportunities are there in Africa.
  • The 54th annual WTCA GA is scheduled to take place in Bengaluru, India from March 3-6, 2024, and will be hosted by World Trade Center (WTC) Bengaluru.

World Trade Centers Association and World Trade Center Accra Successfully Bring Together Over 300 Leaders Across 40+ Countries at the 53rd Annual WTCA General Assembly in Accra, Ghana

Retrieved on: 
Thursday, May 11, 2023

NEW YORK, May 11, 2023 /PRNewswire/ -- The World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries —and World Trade Center (WTC) Accra have successfully concluded the 53rd annual WTCA General Assembly (GA) in Accra, Ghana. The five-day event, which took place April 23-27, brought together leaders and members of the global network of World Trade Center locations and their business networks — consisting of leaders from business, government, academia, media and international organizations — to hear insights from chief dignitaries representing Ghana, Namibia and the United States, and key experts; engage in roundtables and conversations; and explore new opportunities for growth and development across Africa. Themed "Towards African Economic Integration and Enhanced Global Presence," the event built on the WTCA's ongoing commitment to Africa.

Key Points: 
  • WTCA connected business leaders and B2B delegates leading to tangible business opportunities throughout Ghana and Africa, leveraging its core strength as a business enabler
    NEW YORK, May 11, 2023 /PRNewswire/ -- The World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries —and World Trade Center (WTC) Accra have successfully concluded the 53rd annual WTCA General Assembly (GA) in Accra, Ghana.
  • Themed "Towards African Economic Integration and Enhanced Global Presence," the event built on the WTCA's ongoing commitment to Africa.
  • "With the outlook of demographic growth to double in the next 25 years, the opportunities are there in Africa.
  • The 54th annual WTCA GA is scheduled to take place in Bengaluru, India from March 3-6, 2024, and will be hosted by World Trade Center (WTC) Bengaluru.

World Trade Centers Association and World Trade Center Accra to Showcase Business Opportunities in Africa at the 53rd Annual WTCA General Assembly

Retrieved on: 
Monday, April 3, 2023

NEW YORK, April 3, 2023 /PRNewswire/ -- The World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries — and World Trade Center Accra will host the 53rd annual WTCA General Assembly (GA) in Accra, Ghana from April 23-28. This will be the WTCA's first in-person GA since 2019 and the first to be held in Sub-Saharan Africa.

Key Points: 
  • NEW YORK, April 3, 2023 /PRNewswire/ -- The World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries — and World Trade Center Accra will host the 53rd annual WTCA General Assembly (GA) in Accra, Ghana from April 23-28.
  • This will be the WTCA's first in-person GA since 2019 and the first to be held in Sub-Saharan Africa.
  • "We have been working closely with the WTCA team in New York to bring the global WTCA network to Africa.
  • Attendees will network with fellow professionals from around the world, exchange ideas, and explore potential business opportunities during the event's networking sessions."

World Trade Centers Association and World Trade Center Accra to Showcase Business Opportunities in Africa at the 53rd Annual WTCA General Assembly

Retrieved on: 
Monday, April 3, 2023

NEW YORK, April 3, 2023 /PRNewswire/ -- The World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries — and World Trade Center Accra will host the 53rd annual WTCA General Assembly (GA) in Accra, Ghana from April 23-28. This will be the WTCA's first in-person GA since 2019 and the first to be held in Sub-Saharan Africa.

Key Points: 
  • NEW YORK, April 3, 2023 /PRNewswire/ -- The World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries — and World Trade Center Accra will host the 53rd annual WTCA General Assembly (GA) in Accra, Ghana from April 23-28.
  • This will be the WTCA's first in-person GA since 2019 and the first to be held in Sub-Saharan Africa.
  • "We have been working closely with the WTCA team in New York to bring the global WTCA network to Africa.
  • Attendees will network with fellow professionals from around the world, exchange ideas, and explore potential business opportunities during the event's networking sessions."

Origis Energy Announces $750 Million Credit Facility for Solar and Energy Storage Development Pipeline in the U.S.

Retrieved on: 
Tuesday, March 7, 2023

MIAMI, Fla., March 07, 2023 (GLOBE NEWSWIRE) -- Origis Energy , one of America’s leading renewable energy platforms, today announced the close of an upsizing amendment to their development finance facility doubling capacity to $750 million.

Key Points: 
  • MIAMI, Fla., March 07, 2023 (GLOBE NEWSWIRE) -- Origis Energy , one of America’s leading renewable energy platforms, today announced the close of an upsizing amendment to their development finance facility doubling capacity to $750 million.
  • With enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar and energy storage project pipeline.
  • This financing round follows a $375 million facility announced in May 2022.
  • The facility is widely regarded as the largest announced this year for a utility scale solar and storage development project pipeline.

OYA Renewables Closes US$216M in Construction-to-term Loans and Tax Equity Commitments for New York Community Solar Development Pipeline

Retrieved on: 
Wednesday, March 1, 2023

OYA secured an additional US$71M in project funding with Monarch Private Capital (MPC) in the form of a tax equity investment.

Key Points: 
  • OYA secured an additional US$71M in project funding with Monarch Private Capital (MPC) in the form of a tax equity investment.
  • The investment will see MPC participate in the funding of OYA's slate of 2023 projects via their ESG-oriented impact funds.
  • "We are grateful for the opportunity to partner with OYA on community solar investments in New York State," said Brent Barringer , Partner, Managing Director LIHTC & Renewables at Monarch Private Capital.
  • Power produced from the community solar development is fed directly back to the electric grid and energy is delivered to customers through their regular electricity provider.