Wind

Fifth Third Announces Acquisition of Dividend Finance

Retrieved on: 
Wednesday, January 19, 2022 - 9:30pm

Dividend Finance was founded in 2013 in San Francisco and is one of the top national solar lenders.

Key Points: 
  • Dividend Finance was founded in 2013 in San Francisco and is one of the top national solar lenders.
  • The Dividend team shares Fifth Thirds commitment to solutions that improve customers lives and has a strong track record of innovation, growth and excellent customer experience, said Tim Spence, president of Fifth Third Bank.
  • We are proud to have supported and partnered with Dividend Finance during their growth and consider them to be a leader among their peers, said Raj Mundy, partner at LL Funds and Executive Chairman of Dividend Finance.
  • As a result of this acquisition and Fifth Thirds existing leadership position in providing renewable solutions to commercial clients, Fifth Third is actively assessing a new sustainable financing target.

MidAmerican Energy Proposes $3.9 Billion “Wind PRIME” Renewable Energy Project

Retrieved on: 
Wednesday, January 19, 2022 - 7:41pm

MidAmerican Energy today announced plans for a $3.9 billion renewable energy project in Iowa, including wind and solar generation, and the exploration of new technologies to advance the companys transition to net-zero greenhouse gas emissions.

Key Points: 
  • MidAmerican Energy today announced plans for a $3.9 billion renewable energy project in Iowa, including wind and solar generation, and the exploration of new technologies to advance the companys transition to net-zero greenhouse gas emissions.
  • Wind PRIME will continue MidAmericans long history of supporting Iowa communities and advancing the states position as a leader in renewable energy.
  • Wind PRIME would result in significant benefits for the environment and MidAmericans customers:
    Deliver 100% renewable energy to customers In 2021, MidAmerican estimates that it delivered 88% renewable energy on an annual basis to customers across the state.
  • When combined with MidAmericans other projects, the 2,092-megawatt Wind PRIME project would allow MidAmerican to provide renewable energy equal to its Iowa customers annual usage.

Effie Awards Greater China and Tencent Qidian Further Strengthen Strategic Partnership

Retrieved on: 
Wednesday, January 19, 2022 - 4:07am

Shanghai, China--(Newsfile Corp. - January 18, 2022) - On December 27, at the opening ceremony of 2021 Effie Greater China Unthinkable summit, Effie Greater China and Tencent Cloud Qidian Marketing launched a strategic partnership to continue and upgrade 2022 Industrial Digitalization: Service and Marketing Specialty Category.

Key Points: 
  • Shanghai, China--(Newsfile Corp. - January 18, 2022) - On December 27, at the opening ceremony of 2021 Effie Greater China Unthinkable summit, Effie Greater China and Tencent Cloud Qidian Marketing launched a strategic partnership to continue and upgrade 2022 Industrial Digitalization: Service and Marketing Specialty Category.
  • Effie Greater China is the most important and fastest growing market of Effie Worldwide and has become the wind vane of global effective marketing.
  • Effie Greater China embraces every innovative field, recognizes market-tested marketing strategies and innovation practices, and promotes the growth of commercial value of brands.
  • It is hoped that through the strategic partnership with Effie Greater China, we can explore new ways of industrial digitalization services and marketing to offer better marketing experience to both brands and users."

DGAP-News: Nordex Group achieves order intake of 7.95 GW in fiscal year 2021

Retrieved on: 
Wednesday, January 19, 2022 - 8:22pm

The Nordex Group recorded high demand in the fourth quarter of 2021 in line with expectations.

Key Points: 
  • The Nordex Group recorded high demand in the fourth quarter of 2021 in line with expectations.
  • Including another project in the United States in December for more than 180 MW, the Nordex Group achieved an order intake of 7.95 gigawatts (GW) in the year (2020: 6.02 GW).
  • The fourth quarter accounted for 678 wind turbines (Q4 2020: 491) with a total capacity of 3.3 GW (Q4 2020: 2.3 GW).
  • "Order intake momentum in the fourth quarter of 2021 was, as we expected, very strong.

Stryten Energy Enters the Long-Duration Energy Storage Market with Acquisition of Storion Energy’s Vanadium Redox Flow Battery Technology

Retrieved on: 
Wednesday, January 19, 2022 - 2:03pm

Alpharetta, Georgia, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Stryten Energy LLC, a U.S.-based energy storage solutions provider, today announced it purchased the assets of Storion Energy Inc., a technology innovator formed to bring advanced vanadium redox flow battery (VRFB) technology to the commercial marketplace.

Key Points: 
  • Alpharetta, Georgia, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Stryten Energy LLC, a U.S.-based energy storage solutions provider, today announced it purchased the assets of Storion Energy Inc., a technology innovator formed to bring advanced vanadium redox flow battery (VRFB) technology to the commercial marketplace.
  • Storions VRFB combines multiple innovations to achieve pioneering energy storage performance enabling expanded use of renewables, including:
    We are excited to welcome the talented Storion team to Stryten Energy, said Tim Vargo, Chief Executive Officer of Stryten Energy.
  • The addition of Storions proprietary vanadium redox flow battery technology to Strytens Essential Power portfolio of energy solutions will expand our capabilities to solve our countrys current and future energy challenges, while positioning Stryten for success in the rapidly growing long-duration energy storage market.
  • In 2015, Storion was formed to bring this advanced redox flow battery technology to the commercial marketplace.

LSU Professor Uses AI/ML To Predict Coastal Flooding

Retrieved on: 
Tuesday, January 18, 2022 - 4:30pm

These coastal communities and infrastructure are especially vulnerable to wind and flooding due to tropical storms, hurricanes, and heavy rainfall.

Key Points: 
  • These coastal communities and infrastructure are especially vulnerable to wind and flooding due to tropical storms, hurricanes, and heavy rainfall.
  • With the aid of artificial intelligence and machine learning (AI/ML) techniques, LSU School of Computer Science & Electrical Engineering Adjunct Professor Hartmut Kaiser is working to improve their flood preparedness and mitigation capabilities.
  • The well-being of all Americans depends on the environmental integrity and sustainable productivity of the ocean, our coasts and coastal watersheds, Kaiser said.
  • The current coastal flooding predictive capability is limited by the inadequate representation of coastal processes in the ESM, especially as they relate to coastal hazards, and by a lack of automated workflow for facilitating the two-way information transfer between experimentalists/domain experts and computational scientists.

INTERalliance Announces TechOlympics 2022: BYTE Back

Retrieved on: 
Monday, January 17, 2022 - 2:00pm

CINCINNATI, Jan. 17, 2022 (GLOBE NEWSWIRE) -- INTERalliance announces TechOlympics 2022: BYTE Back is back!

Key Points: 
  • CINCINNATI, Jan. 17, 2022 (GLOBE NEWSWIRE) -- INTERalliance announces TechOlympics 2022: BYTE Back is back!
  • TechOlympics 2022: BYTE BACK consists of a two-day conference and a three-day hackathon that offer high schoolers, regardless of experience, the opportunity to explore the technology industry.
  • TechOlympics includes a wide range of workshops, competitions, speakers, keynotes, and breakouts presented by industry experts and educators.
  • INTERalliance would like to thank the following sponsors for supporting TechOlympics 2022: BYTE Back:
    Gold Sponsors: Xavier University, FIS, Ascendum, Western & Southern Financial Group, and ITA
    About INTERalliance of Greater Cincinnati:
    The mission of the INTERalliance, a student-run nonprofit, is to inspire and assist young talent to pursue an IT career in Greater Cincinnati.

Honeywell and FREYR Collaborate to Deploy Energy Storage Solutions via Next-Generation Battery Cells

Retrieved on: 
Wednesday, January 19, 2022 - 11:00am

As part of the collaboration, Honeywell will purchase 19 GWh of battery cells produced by FREYR from 2023 through 2030 for a multitude of energy storage systems applications.

Key Points: 
  • As part of the collaboration, Honeywell will purchase 19 GWh of battery cells produced by FREYR from 2023 through 2030 for a multitude of energy storage systems applications.
  • Through the agreement, Honeywell and FREYR intend to provide smart energy storage solutions to address the needs of a wide range of commercial and industrial customers alike.
  • Battery storage will play a crucial role as organizations transition to clean power generation, said Tom Einar Jensen, FREYRs Chief Executive Officer.
  • Battery Energy Storage Systems (BESS) technology development is vital to the continued decarbonization of global power systems.

Green Mountain Energy Enters Agreement to Offer Arizona 100 Percent Renewable Energy Ahead of State Deadlines

Retrieved on: 
Tuesday, January 18, 2022 - 11:43pm

GME’s ACC application and this LOI provide Arizonans the option to get green energy from a 100 percent local Arizona solar generator -- if customers are given their existing right under law to choose. Arizonans will be able to access 100 percent renewable offerings once GME’s application with the ACC is approved.

Key Points: 
  • Green Mountain Energy (GME) has entered into a Letter of Intent (LOI) with Sawtooth DevCo, LLC (Sawtooth), to provide locally sourced renewable energy to Arizonans from new solar facilities to be located in Arizona.
  • Arizona consumers deserve the freedom to choose clean energy, now, said Mark Parsons, vice president and general manager of Green Mountain.
  • Green Mountain can help Arizonans accelerate the transition to renewables with our commitment to clean energy and local jobs.
  • Green Mountain Energy Company is the nations longest serving renewable energy retailer and believes in using wind, sun, and water for good.

TechnipFMC Partnership Magnora Offshore Wind is Successful in ScotWind Leasing Round Application

Retrieved on: 
Tuesday, January 18, 2022 - 9:15pm

TechnipFMC (NYSE: FTI) (PARIS: FTI) and Magnora ASA (Magnora) are pleased to announce that their partnership, Magnora Offshore Wind AS, has been offered the opportunity to enter into an Option Agreement for the N3 area by the Crown Estate Scotland in the ScotWind leasing round.

Key Points: 
  • TechnipFMC (NYSE: FTI) (PARIS: FTI) and Magnora ASA (Magnora) are pleased to announce that their partnership, Magnora Offshore Wind AS, has been offered the opportunity to enter into an Option Agreement for the N3 area by the Crown Estate Scotland in the ScotWind leasing round.
  • Magnora Offshore Wind is a partnership between TechnipFMC and Magnora, combining TechnipFMCs experience executing large integrated offshore projects and delivering industry leading technologies and Magnoras extensive renewable and offshore project development expertise.
  • Luana Duff, Executive Vice President, New Energy Ventures at TechnipFMC, commented: Magnora Offshore Wind is an exciting partnership for TechnipFMC, and we are ready to put our expertise and experience into action following this successful bid.
  • For the ScotWind N3 application, Magnora Offshore Wind has support from three committed experience providers: Stornoway Port Authority, Kishorn Port and DNV.