Technological change

Breakthrough Renewable Energy Development from VGRID Energy Systems

Retrieved on: 
Wednesday, July 28, 2021

CAMARILLO, Calif., July 28, 2021 /PRNewswire/ -- VGRID Energy Systems has announced the launch of the Bio-Energy Server 100.

Key Points: 
  • CAMARILLO, Calif., July 28, 2021 /PRNewswire/ -- VGRID Energy Systems has announced the launch of the Bio-Energy Server 100.
  • "The advantage of bio-energy is that there is an abundant cheap source of fuel that can provide electricity on demand," said Greg Campbell, CEO of VGRID Energy Systems.
  • VGRID Energy Systems, Inc. is focused on innovating new solutions in renewable energy.The company delivers breakthrough technology to California Central Valley farmers to reduce their crippling water irrigation bills and to help rebuild their farm soil for long-term sustainability.
  • The company conducts research and development, prototype fabrication of electronics, and complex electromechanical systems with ongoing testing and refinement.

DroneBase Names Vestas Executive Joel LeBlanc as General Manager Wind Energy

Retrieved on: 
Wednesday, July 28, 2021

LOS ANGELES, July 28, 2021 /PRNewswire/ -- DroneBase, the global leader in aerial imaging and data analytics for the development and maintenance of renewable energy assets, today announced the appointment of former Vestas executive Joel LeBlanc to lead the company's growth and services in wind energy.

Key Points: 
  • LOS ANGELES, July 28, 2021 /PRNewswire/ -- DroneBase, the global leader in aerial imaging and data analytics for the development and maintenance of renewable energy assets, today announced the appointment of former Vestas executive Joel LeBlanc to lead the company's growth and services in wind energy.
  • "Having spent more than a decade in the global wind after-market services, Joel LeBlanc has one of the most unique backgrounds in wind energy.
  • The global wind energy market is set to expand dramatically over the next five years, adding a projected 490 GW.
  • DroneBase recently announced an expansion of $12.5 million in its Series C investment round to add leading renewable energy investors, such as Energy Transition Ventures.

Shoals Technologies Group, Inc. Announces Second Quarter 2021 Earnings Release Date and Conference Call

Retrieved on: 
Tuesday, July 27, 2021

PORTLAND, Tenn., July 27, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the Company) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2021 results after market close on Tuesday, August 10, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Key Points: 
  • PORTLAND, Tenn., July 27, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the Company) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2021 results after market close on Tuesday, August 10, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.
  • The conference call can be accessed live over the phone by dialing 1-877-407-0789 (domestic) or +1-201-689-8562 (international).
  • Shoals Technologies Group, Inc. is a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle charging infrastructure.
  • Shoals Technologies Group, Inc. is a recognized leader in the renewable energy industry whose solutions are deployed on over 20 GW of solar systems globally.

Movement Industries Corporation (OTC: MVNT) Announces Key Updates of iChem IoT Software and New IR/PR Firm

Retrieved on: 
Tuesday, July 27, 2021

Houston, TX, July 27, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Movement Industries Corporation (OTC PINK: MVNT) (the “Company”) is proud to provide additional details regarding the success of the iChem software product launch. iChem is a fully integrated SaaS (Software as a Service) product with a hardware platform based on cellular and satellite communications modules and allows for the monitoring and/or control of all chemical injection assets. Mr. Linh Nguyen, CEO of the Company, stated: “We are proud to report to our shareholders that the iChem software product launch is going extremely well and we are pleased to provide additional details on how the software is well on its way to being a successful profit center for our company.”

Key Points: 
  • Houston, TX, July 27, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Movement Industries Corporation (OTC PINK: MVNT) (the Company) is proud to provide additional details regarding the success of the iChem software product launch.
  • In addition to the launch of our new software, our team is diligently working to add to our revenues and capital growth.
  • Movement Industries Corporationinvests in emerging growth companies in energy, oil & gas, renewables, agricultural and industrial manufacturing sectors.
  • To learn more about Hi-Alloy Valve, please visit their web site at:
    Please direct all inquiries to:

Community Blade Signing Marks Final Phase of Construction for RoxWind, a Greenbacker Renewable Energy Company Project

Retrieved on: 
Tuesday, July 27, 2021

Developed by Palmer Capital Corporation, Solaya Energy, and Horseshoe Valley Wind, the RoxWind wind farm is currently under construction on Roxburys North Twin Mountain.

Key Points: 
  • Developed by Palmer Capital Corporation, Solaya Energy, and Horseshoe Valley Wind, the RoxWind wind farm is currently under construction on Roxburys North Twin Mountain.
  • He partnered in multiple community development projects, including the RoxWind wind energy project.
  • John loved Maine, renewable energy and working with communities, so this project is a fitting capstone after his illustrious career in law, government, and community development.
  • Greenbacker Renewable Energy Company LLC is a publicly reporting, non-traded limited liability energy company that acquires and manages income-generating renewable energy and energy efficiency projects, and other energy-related businesses.

Assurant Study Finds Pandemic-Propelled Consumer Interest in Connected Products, Services and Support

Retrieved on: 
Monday, July 26, 2021

Now in its fifth year, Assurants annual study examines consumer attitudes around the convergence of connected devices and their impact on consumers, business and industry.

Key Points: 
  • Now in its fifth year, Assurants annual study examines consumer attitudes around the convergence of connected devices and their impact on consumers, business and industry.
  • For all of the benefits and interest around connectivity amid the global pandemic, many consumers also expressed frustrations with their connected devices.
  • As consumers used connected products more regularly (50 percent increase since 2019), they also expressed a growing interest in value-added services (VAS), such as tech support, extended warranty and insurance.
  • Assurant, Inc. (NYSE: AIZ) is a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases.

DGAP-News: Altius Renewable Royalties Announces Additional US$20 Million Royalty Financing to Apex Clean Energy

Retrieved on: 
Friday, July 23, 2021

St. John's, Newfoundland - July 21, 2021 - Altius Renewable Royalties Corp. (TSX: ARR, WKN: A2QQFT) ("ARR" or the "Company") is pleased to report that its jointly controlled subsidiary, Great Bay Renewables, LLC ("Great Bay") has closed a follow-on royalty investment of US$20 million with Apex Clean Energy ("Apex") related to Apex's broad portfolio of wind, solar and energy storage development projects located across North America.

Key Points: 
  • St. John's, Newfoundland - July 21, 2021 - Altius Renewable Royalties Corp. (TSX: ARR, WKN: A2QQFT) ("ARR" or the "Company") is pleased to report that its jointly controlled subsidiary, Great Bay Renewables, LLC ("Great Bay") has closed a follow-on royalty investment of US$20 million with Apex Clean Energy ("Apex") related to Apex's broad portfolio of wind, solar and energy storage development projects located across North America.
  • Great Bay provided an initial US$35 million in royalty financing to Apex in March 2020, with agreed mutual options for additional funding.
  • ARR is a recently formed renewable energy company whose business is to provide long-term, royalty level investment capital to renewable power developers, operators, and originators through its joint venture Great Bay Renewables, LLC.
  • The funding of this additional US$20 million will be funded by Apollo pursuant to its earn-in.

GreenStat AS Brings In New Strategic Investors; AVG Group Sarl

Retrieved on: 
Friday, July 23, 2021

OSLO, Norway and LUXEMBOURG, July 22, 2021 /PRNewswire/ -- GreenStat AS ("GreenStat"), a green power producer in Norway, has taken an undisclosed investment from AVG Group Sarl (AVG).

Key Points: 
  • OSLO, Norway and LUXEMBOURG, July 22, 2021 /PRNewswire/ -- GreenStat AS ("GreenStat"), a green power producer in Norway, has taken an undisclosed investment from AVG Group Sarl (AVG).
  • GreenStat, as the name suggests, is part of a broad transition in Norway to move from the oil and gas industry to a renewable energy hub.
  • Now, GreenStat is determined to step in as the leader of renewable energy in the Norwegian market and beyond.
  • "AVG is pleased to be a part of the GreenStat family, in order to expand the latest hydrogen technology to the US and Asian markets," says Karl Andersen, CEO of AVG.

ArcelorMittal invests $25 million in Form Energy

Retrieved on: 
Thursday, July 22, 2021

Form Energy, which was founded in 2017 is working to accelerate the development of its breakthrough low-cost energy storage technology to enable a reliable, secure, and fully-renewable electric grid year-round.

Key Points: 
  • Form Energy, which was founded in 2017 is working to accelerate the development of its breakthrough low-cost energy storage technology to enable a reliable, secure, and fully-renewable electric grid year-round.
  • Alongside the $25 million investment, ArcelorMittal and Form Energy have signed a joint development agreement to explore the potential for ArcelorMittal to provide iron, tailored to specific requirements, to Form Energy as the iron input into their battery technology.
  • The multi-day energy storage technology they have developed holds exciting potential to overcome the issue of intermittent supply of renewable energy.
  • Mateo Jaramillo, CEO and co-founder of Form Energy, added:
    This is an extremely exciting time at Form Energy and we are pleased to welcome ArcelorMittal as a business partner and investor.

Head of U.S. Department of Energy Loan Programs on Being a “Catalyst” for Wall Street and Why the Current Pace of Deployment for Climate Solutions in the United States is “Wholly Unacceptable”

Retrieved on: 
Thursday, July 22, 2021

The United States is at maybe $200 billion a year of climate change solution deployment annually.

Key Points: 
  • The United States is at maybe $200 billion a year of climate change solution deployment annually.
  • Everything from the fossil [fuel] sector to advanced nuclear to renewable energy and energy efficiency to EV manufacturing, battery manufacturing and critical minerals.
  • Ultimately the way the Loan Programs Office thinks is the same way that S&P [Global] and Moodys thinks.
  • Were a catalyst and we can hand it off to Wall Street to do the next hundred billion.