Alternative energy

Guidehouse Insights Report Shows Emerging Hydrogen Production Technologies are Expected to Experience a 20% Compound Annual Growth Rate from 2020-2029

Retrieved on: 
Tuesday, September 1, 2020

A new report from Guidehouse Insights analyzes the global market for emerging hydrogen production technologies, providing forecasts for capacity and revenue through 2029.

Key Points: 
  • A new report from Guidehouse Insights analyzes the global market for emerging hydrogen production technologies, providing forecasts for capacity and revenue through 2029.
  • Click to tweet : According to a new report from @WeAreGHInsights , the global capacity for emerging hydrogen production technologies is expected to reach approximately 1 GW annually by 2029, representing a compound annual growth rate (CAGR) of 20.2%.
  • The report, Emerging Hydrogen Production Technologies , analyzes the global market for these emerging hydrogen production technologies based on geographic region and the different technologies.
  • Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.

Mitsubishi Power Established With Renewed Commitment to Transforming Energy Systems Around the World

Retrieved on: 
Tuesday, September 1, 2020

Mitsubishi Power, a major subsidiary of the Mitsubishi Heavy Industries (MHI) Group, officially changed its corporate name from Mitsubishi Hitachi Power Systems today.

Key Points: 
  • Mitsubishi Power, a major subsidiary of the Mitsubishi Heavy Industries (MHI) Group, officially changed its corporate name from Mitsubishi Hitachi Power Systems today.
  • Mitsubishi Power will capitalize on existing investments in emerging energy solutions, such as hydrogen, ammonia and solar power, to address the diverse and increasingly complex energy needs of customers around the world.
  • Throughout its history, Mitsubishi Power has built a strong position as a trusted partner to power generation companies globally.
  • Mitsubishi Power is creating a future that works for people and the planet by developing innovative power generation technology and solutions to enable the decarbonization of energy and deliver reliable power everywhere.

AECOM announces the redemption of its 5.000% senior notes due 2022

Retrieved on: 
Monday, August 31, 2020

AECOM (NYSE:ACM), the worlds premier infrastructure consulting firm, today announced that AECOM Global II, LLC (the Issuer), a subsidiary of AECOM, has redeemed all of its outstanding 5.000% senior notes due 2022 (the Notes), in an aggregate principal amount of $248,522,000 (the Redemption).

Key Points: 
  • AECOM (NYSE:ACM), the worlds premier infrastructure consulting firm, today announced that AECOM Global II, LLC (the Issuer), a subsidiary of AECOM, has redeemed all of its outstanding 5.000% senior notes due 2022 (the Notes), in an aggregate principal amount of $248,522,000 (the Redemption).
  • AECOM had announced on August 4, 2020 that it had delivered a Notice of Redemption for the Notes.
  • The Redemption was funded using cash on hand and $248.5 million in proceeds from a July 30, 2020 borrowing under the Companys lower-cost delayed draw term loan facility.
  • With the completed Redemption, the Company has added lower-cost, longer-duration and pre-payable debt that will result in annual cash interest savings of approximately $6 million.

Eos Energy Storage Provides Business and Transaction Update

Retrieved on: 
Monday, August 31, 2020

IEP has entered into this partnership with Eos to help lead the long duration energy storage transition to new, safer and more reliable alternative technologies to lithium-ion.

Key Points: 
  • IEP has entered into this partnership with Eos to help lead the long duration energy storage transition to new, safer and more reliable alternative technologies to lithium-ion.
  • Long term energy storage will help mitigate massive investments that are needed in transmission facilities to relieve congestion, commented Balki G. Iyer, Chief Commercial Officer of Eos.
  • Eos announced that it has entered into an agreement to supply Carson Hybrid Energy Storage, LLC (CHES) with 500 MWh of integrated AC BESS.
  • Eos Energy Storage has 10+ years of experience in battery storage testing, development, deployment, and operation.

Illinois American Water to Decrease Energy Costs through new Solar Fields in Champaign and Peoria

Retrieved on: 
Monday, August 31, 2020

The energy-saving photovoltaic (PV) fields will be located on Illinois American Water property in Champaign at 560 CR 1700 N and in Peoria at 6111 N Galena Road.

Key Points: 
  • The energy-saving photovoltaic (PV) fields will be located on Illinois American Water property in Champaign at 560 CR 1700 N and in Peoria at 6111 N Galena Road.
  • According to Brent ONeill, Director of Engineering for Illinois American Water, both systems will be rated at 2,000 kW and, combined, will help the company save over $200,000 in annual energy costs.
  • ONeill added that solar energy is not new to Illinois American Water.
  • About Illinois American Water - Illinois American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 1.3 million people.

Fluor’s NuScale Power Achieves U.S. Nuclear Regulatory Commission Design Certification

Retrieved on: 
Tuesday, September 1, 2020

Fluor Corporation (NYSE: FLR) announced today that NuScale Power, in which Fluor is the majority investor, received final design certification by the U.S. Nuclear Regulatory Commission (NRC), which is expected to advance the commercialization of NuScales small modular nuclear reactor (SMR) technology.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that NuScale Power, in which Fluor is the majority investor, received final design certification by the U.S. Nuclear Regulatory Commission (NRC), which is expected to advance the commercialization of NuScales small modular nuclear reactor (SMR) technology.
  • View the full release here: https://www.businesswire.com/news/home/20200831005719/en/
    Artists rendering of NuScale Powers small modular nuclear reactor plant.
  • The NuScale small modular reactor fits well with Fluors world-class modular fabrication capabilities for new facilities of all types.
  • Notably, Fluor and NuScale are working directly with Utah Associated Municipal Power Systems (UAMPS) in the development of a 720 megawatt plant.

Building Integrated Photovoltaics Market Analysis Highlights the Impact of COVID-19 (2020-2024)| Need To Reduce Energy Cost to Boost the Market Growth | Technavio

Retrieved on: 
Monday, August 31, 2020

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis.
  • Increasing solar energy consumption and installation is a major trend driving the growth of the market.
  • Building Integrated Photovoltaics Market 2020-2024: Segmentation
    Building Integrated Photovoltaics Market is segmented as below:

Mercom Capital Group Releases Report on Top Global Large-Scale Solar PV Developers

Retrieved on: 
Monday, August 31, 2020

Mercom Capital Group, a clean energy communications, and research firm, has released a new report announcing the top 10 global large-scale solar PV developers.

Key Points: 
  • Mercom Capital Group, a clean energy communications, and research firm, has released a new report announcing the top 10 global large-scale solar PV developers.
  • The list of top developers is a diverse group of companies with global growth aspirations.
  • The full report, Top 10 Global Leading Large-Scale Solar PV Developers, is available here .
  • Mercom Capital Group is a global communications and research firm focused on clean energy .

NRG Helps Customers Green-Up Their Carbon Footprint

Retrieved on: 
Monday, August 31, 2020

Customers choose carbon offsets to balance out carbon generated by their daily activities, such as driving or using electricity in their home.

Key Points: 
  • Customers choose carbon offsets to balance out carbon generated by their daily activities, such as driving or using electricity in their home.
  • By offering carbon offsets via its new website, picknrgoffsets.com , NRG is making it easy for customers to help reduce the impact of climate change.
  • By offering carbon offsets, NRG allows consumers to take control of their energy footprint, improving the environment for everyone.
  • NRG sources carbon offsets using industry-leading, third-party certification standards, such as the Verified Carbon Standard and Climate Action Reserve .

Fortistar and Paloma Dairy Begin Construction on a Renewable Natural Gas Facility that Will Power Enough Trucks to Move 10 Million Miles of Freight

Retrieved on: 
Thursday, September 3, 2020

Fortistar and Paloma Dairy today announced the beginning of construction on a dairy digester renewable natural gas (RNG) facility, the Sunoma Renewable Biofuel Project.

Key Points: 
  • Fortistar and Paloma Dairy today announced the beginning of construction on a dairy digester renewable natural gas (RNG) facility, the Sunoma Renewable Biofuel Project.
  • The new facility will produce 1.6 million gasoline gallon equivalents (GGE) of vehicle fuel annually for the Class 8 trucking sectorenough fuel to move 10 million miles of freight.
  • TruStar Energy, a Fortistar portfolio company and leading developer of natural gas fueling stations, will market and deliver the RNG fuel.
  • Paloma Dairy is owned by the Van Hofwegen family, a fourth-generation dairy farm family in Gila Bend, AZ.