Technological change

Residents of Shelby, OH Enjoying Benefits of Utility-Scale Solar Array

Friday, October 23, 2020 - 2:00pm

Earlier that day, engineers had finalized the testing needed to launch commercial operation of a new solar array, and over the last ten months, Shelby residents have been reaping the benefits of the renewable energy resource and a smaller carbon footprint.

Key Points: 
  • Earlier that day, engineers had finalized the testing needed to launch commercial operation of a new solar array, and over the last ten months, Shelby residents have been reaping the benefits of the renewable energy resource and a smaller carbon footprint.
  • The City purchases 100% of the energy produced, and the solar array is expected to save Shelby ratepayers several million dollars over the lifetime of the project.
  • AEP provided the capital to fund construction of the renewable energy project and collaborated with United Renewable Energy, LLC (URE), a leading solar engineering, procurement, and construction firm, to install and maintain the solar array.
  • "Our innovative renewable energy solutions enable cities like Shelby to enhance the lives of local residents by providing lower cost, green energy."

Airbiquity Launches OTAmatic Vehicle Configurator to Help Automakers Manage Connected Vehicle Software

Thursday, October 22, 2020 - 9:00am

SEATTLE, Oct. 22, 2020 /PRNewswire/ -- Airbiquity , the global leader of connected vehicle services, today launched its OTAmatic Vehicle Configurator, a tool for defining and managing connected vehicle software.

Key Points: 
  • SEATTLE, Oct. 22, 2020 /PRNewswire/ -- Airbiquity , the global leader of connected vehicle services, today launched its OTAmatic Vehicle Configurator, a tool for defining and managing connected vehicle software.
  • The OTAmatic Vehicle Configurator gives automakers insight into the exact hardware and software configurations within a vehicle, manage known combinations of electronic control units (ECUs) and software versions in vehicles, and meet emerging government compliance requirements for type certified vehicle systems.
  • The OTAmatic Vehicle Configurator gives automakers the power to address these issues and better control the software configurations in their vehicles.
  • "Automakers need to actively understand and manage their connected vehicle software.

Airbiquity Launches OTAmatic Vehicle Configurator to Help Automakers Manage Connected Vehicle Software

Thursday, October 22, 2020 - 9:00am

New offering allows automakers to control the number of software versions in vehicles, better understand the state of entire fleets

Key Points: 
  • New offering allows automakers to control the number of software versions in vehicles, better understand the state of entire fleets
    SEATTLE, Oct. 22, 2020 /PRNewswire/ -- Airbiquity , the global leader of connected vehicle services, today launched its OTAmatic Vehicle Configurator, a tool for defining and managing connected vehicle software.
  • The OTAmatic Vehicle Configurator gives automakers insight into the exact hardware and software configurations within a vehicle, manage known combinations of electronic control units (ECUs) and software versions in vehicles, and meet emerging government compliance requirements for type certified vehicle systems.
  • The OTAmatic Vehicle Configurator gives automakers the power to address these issues and better control the software configurations in their vehicles.
  • "Automakers need to actively understand and manage their connected vehicle software.

Source Renewables Hires Nicholas Whitcombe as Managing Director

Thursday, October 22, 2020 - 1:45am

GREENWICH, Conn., Oct. 21, 2020 /PRNewswire/ --Source Renewables, LLC ("Source") is pleased to announce, Nicholas Whitcombe has joined the Team, as Managing Director.In his new role, Nick will assist in development, acquisitions, divestitures and project financing for Source's growing community solar businesses.

Key Points: 
  • GREENWICH, Conn., Oct. 21, 2020 /PRNewswire/ --Source Renewables, LLC ("Source") is pleased to announce, Nicholas Whitcombe has joined the Team, as Managing Director.In his new role, Nick will assist in development, acquisitions, divestitures and project financing for Source's growing community solar businesses.
  • Prior to New York Green Bank, Nick was a federal officer responsible for U.S. Department of Energy loan guarantees for nuclear enrichment and generation, wind and solar generation, and automotive manufacturing projects.
  • "The addition of Nick to the Source team strengthens our ability to execute our growth plan and positions our organization as a leader in the community distributed generation industry in New York," said Todd Coffin, Managing Partner of Source Renewables LLC.
  • Source Renewables is a vertically integrated renewable energy company focused on the development and financing of distributed solar generation and energy storage projects throughout New York.Source Renewables' subsidiary, Source Power Company is a regulated Energy Service Company and Distributed Energy Resource Supplier.

Saudi Arabia Partners With the World Bank to Ensure No Nation Is Left Behind on AI

Wednesday, October 21, 2020 - 4:59pm

The World Bank and Saudi Arabia have announced a long-term partnership to accelerate the use of Artificial Intelligence (AI) in developing nations in support of economic and development goals.

Key Points: 
  • The World Bank and Saudi Arabia have announced a long-term partnership to accelerate the use of Artificial Intelligence (AI) in developing nations in support of economic and development goals.
  • The objective is to ensure that no nation is left behind in the race to unlock the value of AI while ensuring the appropriate safeguards are in place to manage the risks associated with AI.
  • Under the partnership, the World Bank and Saudi Arabia, represented by the Saudi Data and Artificial Intelligence Authority (SDAIA), will cooperate to assist countries in creating policies and initiatives that harness the power of AI to support national development and growth.
  • The new partnership will build on the on-going work of the World Bank to actively help developing countries increase their readiness on AI opportunities and risks for technological leapfrogging.

Renewable Energy Group to Report Third Quarter 2020 Financial Results on Thursday, November 5, 2020

Tuesday, October 20, 2020 - 7:00pm

Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that it will release financial results for the third quarter 2020 after the market close on Thursday, November 5, 2020.

Key Points: 
  • Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that it will release financial results for the third quarter 2020 after the market close on Thursday, November 5, 2020.
  • The call will be hosted by Cynthia (CJ) Warner, President and Chief Executive Officer, and Chad Stone, Chief Financial Officer.
  • Investors in the U.S. interested in participating in the live call should dial 1-800-709-0218 and provide conference ID 21971208 to the operator.
  • Renewable Energy Group, Inc. (NASDAQ: REGI) is leading the energy industry's transition to sustainability by transforming renewable resources into high quality, cleaner fuels.

Pacific Green Acquires Battery Energy Storage System Design Company Innoergy Limited

Tuesday, October 20, 2020 - 1:00pm

The acquisition marks PGTK's entry into the battery energy storage system market in conjunction with PGTK's joint venture partner, PowerChina SPEM.

Key Points: 
  • The acquisition marks PGTK's entry into the battery energy storage system market in conjunction with PGTK's joint venture partner, PowerChina SPEM.
  • Innoergy is currently in negotiations to design and develop over 450MW of battery energy storage systems in Europe.
  • Scott Poulter, PGTK's Chief Executive commented: "We believe that the battery energy storage system market has tremendous potential for growth as renewable energy continues to gain momentum.
  • With the support of Pacific Green and their relationship with PowerChina we believe that we are now in an excellent position to become market leaders in the design and manufacture of battery energy storage systems."

U.S. Corporate Sector Emerges as Source of Rapid Demand Growth for Renewables

Tuesday, October 20, 2020 - 1:30pm

We have now reached a tipping point for corporate sector demand for renewables, said Anna Shpitsberg , director, global power and renewables, IHS Markit.

Key Points: 
  • We have now reached a tipping point for corporate sector demand for renewables, said Anna Shpitsberg , director, global power and renewables, IHS Markit.
  • Corporate sector renewable demand had been miniscule as recently as 2017.
  • Corporate procurement more than doubled in 2018 and increased again in 2019, with almost 16GW announced between the two years.
  • Significant growth potential now exists for corporate renewable procurement beyond the technology sector, Shpitsberg says.

Gibraltar Industries to Announce Third Quarter 2020 Financial Results on October 29

Monday, October 19, 2020 - 12:30pm

Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the renewable energy, conservation, residential, industrial and infrastructure markets, announced today that it expects to release its third quarter 2020 financial results at approximately 7:30 a.m.

Key Points: 
  • Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the renewable energy, conservation, residential, industrial and infrastructure markets, announced today that it expects to release its third quarter 2020 financial results at approximately 7:30 a.m.
  • It also expects to discuss the results on a conference call that will be webcast live that same day starting at 9:00 a.m.
  • Hosting the call will be Chief Executive Officer William Bosway and Chief Financial Officer Timothy Murphy.
  • Gibraltar Industries is a leading manufacturer and provider of products and services for the renewable energy, conservation, residential, industrial, and infrastructure markets.

Solar PV Balance Of Systems Market Will Showcase Negative Impact During 2020-2024 | Increasing Investments In Renewable Energy to Boost the Market Growth | Technavio

Saturday, October 17, 2020 - 4:30am

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.
  • Download Latest Free Sample Report on COVID-19 Analysis
    The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
  • Increasing investments in renewable energy has been instrumental in driving the growth of the market.
  • Download a Free Sample Report on COVID-19 Impacts
    Solar PV Balance Of Systems Market 2020-2024: Segmentation
    Solar PV Balance Of Systems Market is segmented as below: