RFO

MIRAI JMAC & Royal Family Office of UAE Announce Formation of MIRAI Capital Global With Its First Tranche of USD 1.5 Billion Investment Fund for ASIA-USA-UAE Corridor

Retrieved on: 
Wednesday, November 29, 2023

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    “I intend to build the biggest global partnership & investment vehicle for the world and enhance the visibility of my diversified portfolio via MIRAI Capital Global,” said H.H.
  • “Our goal at MIRAI JMAC to connect large family offices with strategic investment opportunities and MIRAI Capital Global is a culmination of that mission,” said Pranav Jyoti, Co-founder and Managing Director of MIRAI Capital Global.
  • At MIRAI Capital, we aim to harness this smart capital, becoming the top choice for entrepreneurs and fund managers seeking global expansion.
  • MIRAI Capital Global, via RFO, has built a strong pipeline of strategic opportunities that will ultimately build a bridge for the India–UAE–US corridor in 2024-25.

Clean Power Alliance Launches its 2023 Clean Energy and Reliability Request for Offers Solicitation

Retrieved on: 
Thursday, June 15, 2023

LOS ANGELES, June 14, 2023 /PRNewswire-PRWeb/ -- Clean Power Alliance (CPA), the fourth largest electricity provider in California, has launched its 2023 Clean Energy and Reliability Request for Offers (RFO). The RFO solicits competitive proposals to better allow CPA to meet its various energy portfolio needs, while also complying with California Public Utilities Commission (CPUC) Procurement Orders and Resource Adequacy (RA) requirements.

Key Points: 
  • LOS ANGELES, June 14, 2023 /PRNewswire-PRWeb/ -- Clean Power Alliance (CPA), the fourth largest electricity provider in California, has launched its 2023 Clean Energy and Reliability Request for Offers (RFO).
  • Relative to CPA's prior RFOs, this solicitation has expanded product categories and now includes RA-only and existing thermal energy resources with preferences for those that are transitioning to cleaner operations.
  • CPA has also implemented changes to its RFO eligibility requirements such as expanding term limits, allowing proposers to submit bundled offers, and a fast-track process for negotiations.
  • "We're seeking the benefits of increased long-term procurement to fulfill a larger portion of our renewable energy portfolio needs and best provide for the energy reliability needs of our customers."

Clean Power Alliance Launches Power Ready Program to Build Power Resiliency Across Southern California

Retrieved on: 
Tuesday, January 17, 2023

LOS ANGELES, Jan. 17, 2023 /PRNewswire-PRWeb/ -- Clean Power Alliance (CPA) has released a Request for Offers (RFO) for its Power Ready program and seeks developers that are uniquely qualified to build power resiliency in numerous Southern California communities. The need for backup power systems is growing as power outages become more likely with increased wildfires, public safety power shutoffs, aging infrastructure, and increased grid emergencies due to high heat.

Key Points: 
  • LOS ANGELES, Jan. 17, 2023 /PRNewswire-PRWeb/ -- Clean Power Alliance (CPA) has released a Request for Offers (RFO) for its Power Ready program and seeks developers that are uniquely qualified to build power resiliency in numerous Southern California communities.
  • The need for backup power systems is growing as power outages become more likely with increased wildfires, public safety power shutoffs, aging infrastructure, and increased grid emergencies due to high heat.
  • "The Power Ready program leverages CPA's collective purchasing power and energy expertise to help meet this ongoing need for increased resiliency."
  • For developers interested in learning more or bidding on this opportunity, please visit CPA's Power Ready RFO webpage .

Southern California Edison Issues Catalina Island Clean Energy All-Source Request for Offers

Retrieved on: 
Wednesday, January 11, 2023

Southern California Edison launched the 2022 Catalina Island Clean Energy All-Source Request for Offers (RFO) to solicit bids from interested parties, including project sponsors and developers.

Key Points: 
  • Southern California Edison launched the 2022 Catalina Island Clean Energy All-Source Request for Offers (RFO) to solicit bids from interested parties, including project sponsors and developers.
  • The successful offer(s) will be part of the Catalina Island Repower Project and SCE’s long-term clean energy strategy as part of its Pathway 2045 vision for carbon neutrality by 2045 .
  • The company seeks commercially viable energy solutions, including eligible renewable resources, energy storage, demand response and energy efficiency.
  • The Catalina Island Repower Project will help meet the needs of the future generations of customers and visitors while helping to address the state’s clean air and energy goals.

A Non-Agency's Brand Closet Showroom Social Chicago Escape: Immersive Hospitality Retail Experience Where Consumers Discovered, Socialized & Shopped Emerging Brands, Art

Retrieved on: 
Thursday, December 15, 2022

CHICAGO, Dec. 15, 2022 /PRNewswire-PRWeb/ --  A Non-Agency ("A/N\A") and CEO and President Michelle Collins recently sponsored and hosted a trailblazing panel discussion at Volume 39, Chicago Kimpton Gray Hotel's cocktail lounge, which shed light on the challenges the city's fashion designers face and the changes needed to overcome some of them to prevent the continued exodus of great talent to other cities.

Key Points: 
  • The Panel Comprised of Fashion Industry Heavyweights Met for a Rare Opportunity to Discuss Chicago's State of the Industry.
  • According to Kathryn Jourav, creator & CEO of BeBody Life, which participated in the Palm Springs Brand Closet, "Retail and wellness is a very crowded space.
  • As an emerging brand, the Brand Closet Showroom Social in Palm Springs supported our business goals by offering exposure to press, client acquisition and content.
  • The Brand Closet Showroom Social is a bellwether for the future of high-end retail and hospitality."

Klean Industries Selects Chemex Global to Support the Rollout of a Flagship Tyre Pyrolysis Project

Retrieved on: 
Wednesday, October 12, 2022

This is a significant advancement in developing circularity within both the carbon black and tire manufacturing industries while also meeting environmental, social,governance (ESG) mandates.

Key Points: 
  • This is a significant advancement in developing circularity within both the carbon black and tire manufacturing industries while also meeting environmental, social,governance (ESG) mandates.
  • Chemex Global will provide a modular back-end pyrolysis oil condensing and fractionation system, and control systems.
  • Chemex Global leverages an integrated team approach that includes all project disciplines and drives safety, quality, and construction-driven planning.
  • Chemex Global operates from the Greater Houston area with our engineering, design, and project management teams in The Woodlands, Texas.

It's Official OC Fashion Week® the luxury market of California announces its' launch of "Fashion Travel Week" for July 2023 presented by Celebrity Cruises

Retrieved on: 
Sunday, September 18, 2022

The project originated in 2010 as a travel incentive and support for fashion designers who love to travel abroad.

Key Points: 
  • The project originated in 2010 as a travel incentive and support for fashion designers who love to travel abroad.
  • OC Fashion Week (OCFW) is an International Fashion Week show for emerging fashion designers and established brands, for retail entrepreneurs, as well as digital retail startups.
  • Fashion Travel Week is a new travel events and tour group dedicated to its international community of fashion travelers, suppliers and influencers in the retail industries who endorse fashion tourism presented by Celebrity Cruises.
  • The program is produced by OC Fashion Week featuring a 3-destination tour and itinerary of runways, guest speakers, fashion travel tourism and 4-minute networking with luxury purveyors.

Ormat Technologies Signs 20-Year Power Purchase Agreement With CC Power for Up to 125 MW of Geothermal Capacity

Retrieved on: 
Wednesday, June 1, 2022

This PPA marks the successful contract negotiation following Ormats response to CC Powers 2021 Request for Offers for Firm Clean Resources.

Key Points: 
  • This PPA marks the successful contract negotiation following Ormats response to CC Powers 2021 Request for Offers for Firm Clean Resources.
  • This decision has mandated the procurement of new generation with at least an 80% capacity factor with zero on-site emissions.
  • This collaboration is another example of the benefits of geothermal as a reliable source of sustainable baseload energy, said Doron Blachar, CEO of Ormat Technologies.
  • Per Geof Syphers, the Chair of CC Power, Developing reliable baseload power is critical for Californias power reliability.

Seven California Community Power Members Contract for 69 Megawatts of Long Duration Energy Storage

Retrieved on: 
Wednesday, January 26, 2022

Monterey, California, Jan. 26, 2022 (GLOBE NEWSWIRE) -- At the January 19 California Community Power (CC Power) board meeting, members of the Joint Powers Agency voted to enter into an energy storage service agreement with REV Renewables for 69 megawatts (MW)/552 megawatt hours (MWh) of long-duration energy storage.

Key Points: 
  • Monterey, California, Jan. 26, 2022 (GLOBE NEWSWIRE) -- At the January 19 California Community Power (CC Power) board meeting, members of the Joint Powers Agency voted to enter into an energy storage service agreement with REV Renewables for 69 megawatts (MW)/552 megawatt hours (MWh) of long-duration energy storage.
  • Long-duration energy storage is a vital resource, needed to amplify the value of renewable power, and accelerate Californias shift to a clean, reliable and affordable grid, said Girish Balachandran, California Community Power Board Chair and Silicon Valley Clean Energy CEO.
  • The participating agencies for this project are CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, San Jose Clean Energy, Silicon Valley Clean Energy, Sonoma Clean Power Authority and Valley Clean Energy.
  • California Community Power is a Joint Powers Agency comprised of ten California Community Choice Aggregators (CCAs).

The Next Giant Leap for Electric System Reliability: PG&E Proposes Nearly 1,600 MW of New Battery Energy Storage Capacity

Retrieved on: 
Monday, January 24, 2022

If approved by the California Public Utilities Commission (CPUC), these nine projects would bring PG&Es total battery energy storage system capacity to more than 3,330 MW by 2024.

Key Points: 
  • If approved by the California Public Utilities Commission (CPUC), these nine projects would bring PG&Es total battery energy storage system capacity to more than 3,330 MW by 2024.
  • Including these nine new projects, PG&E now has contracts for battery energy storage systems totaling more than 3,330 MW of capacity being deployed throughout California through 2024.
  • The nine projects announced today and listed below all feature lithium-ion battery energy storage technology, each with a four-hour discharge duration.
  • Poblano Energy Storage, LLC (a wholly owned subsidiary of Strata Clean Energy, LLC) The Inland Empire Energy Storage project is comprised of a 100 MW stand-alone, transmission-connected battery energy storage resource located in Rialto, Calif. (San Bernardino County) and scheduled to be online by April 2024.