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A vision for renewable energy

February 11, 2020 | 458 views

Right now, renewable energy makes up a very small part of the entire energy sector of Bangladesh. But as we move into the future, and concerns about the environment become too great to ignore, exploring cleaner and greener sources of energy becomes the need of the hour. Our economy is booming, and our population is growing, so it goes without saying that our energy requirements are immense. There is plenty of scientific evidence that burning fossil fuels indiscriminately is not sustainable in the long term, so we do need to up our game in looking at alternatives.

Spotlight

Eroton Exploration and Production Company Limited

As an upstream oil and natural gas exploration and production company, Eroton E&P was incorporated to engage in the exploration and production of crude oil and natural gas. In February 2014 the Eroton consortium submitted a competitive bid for the 30% interest of Shell Petroleum Development Company of Nigeria Limited, 10% interest of Total E&P Nigeria Limited and 5% interest of Nigerian Agip Oil Company Limited’s (“The Assignors”) for a total of 45% interest in OML 18.

OTHER ARTICLES
SOLAR+STORAGE

Unlocking the benefits of digital solar to accelerate the energy transition

Article | June 14, 2022

Since a successful energy transition must be renewable, efficient and smart, the digital transition and the energy transition should go hand-in-hand. Solar is the most distributed of all energy resources and thus solar solutions are a perfect match for digitalisation and the application of distributed ledger technologies such as blockchain. This is good news for Europe’s energy transition. Digitalisation and increasing electrification of the energy system enables to break the boundaries between key sectors such as industry, transport and buildings. This sectoral integration unlocks new sources of clean flexibility, and supports the increasing penetration of solar and renewables into the system.

Read More
STRATEGY AND BEST PRACTICES

2020: The Year of Convergence in Corporate Renewables

Article | July 8, 2022

The rapid growth of corporate renewable procurement has been nothing short of a buyer-driven revolution in the United States’ electric sector. Almost 20 gigawatts (GWs) of corporate power purchasing agreements (PPAs) were completed in 2019 across the globe, up from 13 GWs of corporate PPAs in 2018 and triple the numbers from 2017.1,2 And the majority of this growth has come from the United States. Fortunately for those of us committed to renewable energy, we expect this trend to continue. But as should be expected in such a dynamic, buyer-driven sector, we are starting to see some noticeable shifts in the marketplace as it evolves and grows. I wanted to highlight some of the trends Constellation is watching for this year.

Read More
STRATEGY AND BEST PRACTICES, INDUSTRY UPDATES

2020 Trends That Will Make Waves In The Energy Industry

Article | August 16, 2022

In the renewable world, energy is generated by weather and the amount of energy that can be produced depends on the current conditions. Energy storage can ensure a power supply is maintained when weather conditions are not optimal for generating energy. While energy storage products have already been introduced to all levels of the market there are several technology hurdles to overcome before energy storage will reach maximum potential. We believe there will be great advancements in 2020 on:

Read More

Solar Power, Great For The Environment? Or Is It The Last Thing We Need?

Article | February 10, 2020

Solar power is an undeniably a green, renewable form of electricity generation - but many organisations with questionable motives (even here in New Zealand) are trying to persuade the public (and Government – hi lobbyists!) that solar power isn’t that environmentally friendly, and that it's even harmful. At the expense of bullish corporate profits, solar power is often thrown under the bus. This article lists the facts - putting an end to the negative spin on solar so often found in the media. When solar panels produce power, they do not; create any air pollution, use zero water, create carbon emissions, noise pollution, and they won’t disturb surrounding ecosystems. Solar power is a renewable energy source, the sun’s rays are infinite, fill your boots.

Read More
SOLAR+STORAGE

Renewables find success in ‘black start’ experiment

Article | June 14, 2022

Since a successful energy transition must be renewable, efficient and smart, the digital transition and the energy transition should go hand-in-hand. Solar is the most distributed of all energy resources and thus solar solutions are a perfect match for digitalisation and the application of distributed ledger technologies such as blockchain. This is good news for Europe’s energy transition. Digitalisation and increasing electrification of the energy system enables to break the boundaries between key sectors such as industry, transport and buildings. This sectoral integration unlocks new sources of clean flexibility, and supports the increasing penetration of solar and renewables into the system.

Read More
STRATEGY AND BEST PRACTICES

Technologies Shaping the Future of Renewable Energy

Article | July 8, 2022

The rapid growth of corporate renewable procurement has been nothing short of a buyer-driven revolution in the United States’ electric sector. Almost 20 gigawatts (GWs) of corporate power purchasing agreements (PPAs) were completed in 2019 across the globe, up from 13 GWs of corporate PPAs in 2018 and triple the numbers from 2017.1,2 And the majority of this growth has come from the United States. Fortunately for those of us committed to renewable energy, we expect this trend to continue. But as should be expected in such a dynamic, buyer-driven sector, we are starting to see some noticeable shifts in the marketplace as it evolves and grows. I wanted to highlight some of the trends Constellation is watching for this year.

Read More
STRATEGY AND BEST PRACTICES, INDUSTRY UPDATES

7 Necessary Steps for Effective Energy Management

Article | August 16, 2022

In the renewable world, energy is generated by weather and the amount of energy that can be produced depends on the current conditions. Energy storage can ensure a power supply is maintained when weather conditions are not optimal for generating energy. While energy storage products have already been introduced to all levels of the market there are several technology hurdles to overcome before energy storage will reach maximum potential. We believe there will be great advancements in 2020 on:

Read More

Solar Power, Great For The Environment? Or Is It The Last Thing We Need?

Article | February 10, 2020

Solar power is an undeniably a green, renewable form of electricity generation - but many organisations with questionable motives (even here in New Zealand) are trying to persuade the public (and Government – hi lobbyists!) that solar power isn’t that environmentally friendly, and that it's even harmful. At the expense of bullish corporate profits, solar power is often thrown under the bus. This article lists the facts - putting an end to the negative spin on solar so often found in the media. When solar panels produce power, they do not; create any air pollution, use zero water, create carbon emissions, noise pollution, and they won’t disturb surrounding ecosystems. Solar power is a renewable energy source, the sun’s rays are infinite, fill your boots.

Read More
MORE ARTICLES

Spotlight

Eroton Exploration and Production Company Limited

As an upstream oil and natural gas exploration and production company, Eroton E&P was incorporated to engage in the exploration and production of crude oil and natural gas. In February 2014 the Eroton consortium submitted a competitive bid for the 30% interest of Shell Petroleum Development Company of Nigeria Limited, 10% interest of Total E&P Nigeria Limited and 5% interest of Nigerian Agip Oil Company Limited’s (“The Assignors”) for a total of 45% interest in OML 18.

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INDUSTRY UPDATES

Capstone Green Energy Secures Order for C1000S Microturbine for Industrial Dairy Plant in Colombia

businesswire | June 01, 2023

Capstone Green Energy Corporation , a global leader in carbon reduction and on-site resilient green Energy-as-a-Service (EaaS) solutions, announced today that Supernova Energy Services SAS, its authorized Distributor in Colombia, has secured an order for a C1000 Signature Series microturbine. The system will be operated at an industrial dairy alongside an Alfa Laval steam boiler evaporator, producing 6,200 lbs. of steam per hour. Alfa Laval AB is a Swedish company founded in 1883, providing specialized heat recovery products, and is a Capstone Green Energy approved Network Partner for heat recovery systems. It is expected to be commissioned in October 2023. “For operations like a dairy where any loss of power can result in product waste, the reliability of a Capstone microturbine makes it a natural choice. This is particularly true in locations where electricity from the grid is relatively unreliable. Confidence in Capstone’s reliability combined with the turbine’s low maintenance requirements and compatibility with other technologies, like the steam boiler being used here, continue to prove the value of Capstone’s modular design and engineering as well as its versatility for use in multiple industries,” said Capstone Green Energy President and Chief Executive Officer, Darren Jamison. The Capstone powered energy system will run on high-pressure natural gas (HPNG) to provide power for the dairy’s pasteurization operations. The Alfa Laval boiler will provide steam for the entire plant. Reliability was the top reason the customer selected Capstone, but they indicated that minimal maintenance needs and low emissions were also factors in their decision. The microturbine and steam boiler combination will replace the grid-sourced electricity and a natural gas boiler that the dairy is currently using to run its operations. This is the first dairy that Supernova has worked with in Colombia and the first to use steam rather than absorption chillers in its processes. “Working with a customer who is willing to take a different approach to powering their operations is exciting. Once we knew that reliability was their top priority, the Capstone microturbine was the obvious choice. By combining the Capstone turbine with the Alfa Laval steam boiler, this customer has found an innovative solution that will give them more operational predictability and reduce product waste,” said Nestor Moseres, President of Supernova Energy Services SAS. About Capstone Green Energy Capstone Green Energy is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Generation Technologies (EGT) are driven by the Company's industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Solutions (ESS) business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen & Sustainable Products (H2S), Capstone Green Energy offers customers a variety of hydrogen products, including the Company's microturbine energy systems.

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ENERGY

Aspen Power Acquires Community Solar Portfolio in Maine

businesswire | May 31, 2023

Aspen Power, a distributed generation platform with the mission of accelerating and democratizing decarbonization, announced today that it has acquired a portfolio of 15 ground-mounted community solar projects in Maine. The projects, ranging in size from 1.4 megawatts of direct current (MWdc) to 7 MWdc, total 37 MWdc and are located across the state, from the southern region through Bangor. One of the projects in Berwick, ME has already reached commercial operation, with a capacity of 2.36 MWdc solar generation and is expected to produce enough electricity to prevent nearly 2,200 metric tons of CO2 from entering the atmosphere every year. That is the equivalent of 4,500 barrels of oil consumed or 380 homes electricity use annually. The energy produced by all the projects will be used by community solar subscribers in the state and support Maine’s goal of achieving 80% renewable energy by 2030. “We are proud to be a part of Maine's renewable energy transition and are committed to providing clean and sustainable energy solutions to our communities,” said Dan Gulick, Senior Vice President, Aspen Power. “We believe that the acquisition of these solar projects is an important step towards achieving that goal, and we look forward to bringing all of them online to benefit the communities they serve.” “We are thrilled to have found a partner in Aspen Power who shares our vision for clean energy and sustainable communities. We look forward to seeing these projects come to fruition under their leadership,” said Clarke Fenner, the original developer of Aspen’s Maine portfolio and current CEO of Senergy Solar Development. Aspen Power recently acquired Safari Energy, significantly expanding the company's footprint in the commercial and industrial solar market. With the goal of reaching gigawatt scale by mid-decade, Aspen Power is committed to advancing the transition to a more sustainable energy future. About Aspen Power Aspen Power is a distributed energy generation platform with the dual mission of accelerating and democratizing decarbonization. We partner with businesses, communities, and others in the industry to develop, construct, and operate renewable energy assets. Our experienced team is passionate about solving our customers’ energy challenges to deliver a sustainable future throughout the U.S.

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PRODUCTS

Sourceability Launches Order API to Optimize Procurement of Electronic Components

prnewswire | May 30, 2023

Sourceability, a global distributor of electronic components, today announced Sourcengine Order API, an update to Sourcengine's Application Program Interface (API). The innovative tool allows enterprise resource and material requirement planning (ERP/MRP) functions to streamline the procurement process and reach thousands of suppliers globally. The API, designed for mid-sized manufacturers with an ERP/MRP system, helps to eliminate time spent managing suppliers and procurement lists by allowing businesses to research, quote, and purchase electronic components without leaving their internal systems. Unlike its competitors, Sourcengine's API does not limit its capabilities by what it is able to stock. Its marketplace relies on the partnerships the company has established with over 3,500 suppliers worldwide. Additionally, users benefit from third-party integrations with innovative solution providers like CalcuQuote, one of the first integrations for Sourcengine Order API. CalcuQuote offers software and supply chain solutions for the Electronics manufacturing industry. This integration provides direct access to the Sourcengine marketplace to their customers within the CalcuQuote platform. "One of the biggest industry pain points we aim to solve is the amount of time spent searching for pricing and availability of electronic components," said Jens Gamperl, Founder and CEO of Sourceability. "This API update is the next step in digitalizing the supply chain and automates the manual process of checking multiple platforms and sending emails to sales representatives for individual quotes. This software centralizes data so that users can reduce the risk of human error and optimize the procurement process." "The integration to the Sourcengine Order API further provides digital purchasing capabilities to the electronics manufacturing industry that are integrated through CalcuQuote solutions," said Kaitlyn Dotson, CalcuQuote COO. "The industry is continuing to push for more digitalization for ordering and this allows CalcuQuote to support more customers." The new tool marks the next evolution of Sourcengine's innovation by making its marketplace more easily accessible to manufactures – streamlining the procurement process while still allowing users to price benchmark and quickly get pricing from multiple suppliers. About Sourceability Sourceability a global distributor of electronic components offering digital tools, services and data with the power of technology to meet customers' evolving demands. Sourceability combines the expertise of global distribution with the leading e-commerce marketplace in the industry, and works with the largest catalog of suppliers to provide the transparency, robust data and speed that customers need to create a seamless procurement process. The company's global distribution centers in Singapore, Hong Kong, and Miami are supported by regional offices to maintain a holistic understanding of customer supply chain needs. Sourceability continues to build upon its initial success since the company was founded in 2015 by harnessing innovation, customer empowerment, and integrity.

Read More

INDUSTRY UPDATES

Capstone Green Energy Secures Order for C1000S Microturbine for Industrial Dairy Plant in Colombia

businesswire | June 01, 2023

Capstone Green Energy Corporation , a global leader in carbon reduction and on-site resilient green Energy-as-a-Service (EaaS) solutions, announced today that Supernova Energy Services SAS, its authorized Distributor in Colombia, has secured an order for a C1000 Signature Series microturbine. The system will be operated at an industrial dairy alongside an Alfa Laval steam boiler evaporator, producing 6,200 lbs. of steam per hour. Alfa Laval AB is a Swedish company founded in 1883, providing specialized heat recovery products, and is a Capstone Green Energy approved Network Partner for heat recovery systems. It is expected to be commissioned in October 2023. “For operations like a dairy where any loss of power can result in product waste, the reliability of a Capstone microturbine makes it a natural choice. This is particularly true in locations where electricity from the grid is relatively unreliable. Confidence in Capstone’s reliability combined with the turbine’s low maintenance requirements and compatibility with other technologies, like the steam boiler being used here, continue to prove the value of Capstone’s modular design and engineering as well as its versatility for use in multiple industries,” said Capstone Green Energy President and Chief Executive Officer, Darren Jamison. The Capstone powered energy system will run on high-pressure natural gas (HPNG) to provide power for the dairy’s pasteurization operations. The Alfa Laval boiler will provide steam for the entire plant. Reliability was the top reason the customer selected Capstone, but they indicated that minimal maintenance needs and low emissions were also factors in their decision. The microturbine and steam boiler combination will replace the grid-sourced electricity and a natural gas boiler that the dairy is currently using to run its operations. This is the first dairy that Supernova has worked with in Colombia and the first to use steam rather than absorption chillers in its processes. “Working with a customer who is willing to take a different approach to powering their operations is exciting. Once we knew that reliability was their top priority, the Capstone microturbine was the obvious choice. By combining the Capstone turbine with the Alfa Laval steam boiler, this customer has found an innovative solution that will give them more operational predictability and reduce product waste,” said Nestor Moseres, President of Supernova Energy Services SAS. About Capstone Green Energy Capstone Green Energy is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Generation Technologies (EGT) are driven by the Company's industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Solutions (ESS) business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen & Sustainable Products (H2S), Capstone Green Energy offers customers a variety of hydrogen products, including the Company's microturbine energy systems.

Read More

ENERGY

Aspen Power Acquires Community Solar Portfolio in Maine

businesswire | May 31, 2023

Aspen Power, a distributed generation platform with the mission of accelerating and democratizing decarbonization, announced today that it has acquired a portfolio of 15 ground-mounted community solar projects in Maine. The projects, ranging in size from 1.4 megawatts of direct current (MWdc) to 7 MWdc, total 37 MWdc and are located across the state, from the southern region through Bangor. One of the projects in Berwick, ME has already reached commercial operation, with a capacity of 2.36 MWdc solar generation and is expected to produce enough electricity to prevent nearly 2,200 metric tons of CO2 from entering the atmosphere every year. That is the equivalent of 4,500 barrels of oil consumed or 380 homes electricity use annually. The energy produced by all the projects will be used by community solar subscribers in the state and support Maine’s goal of achieving 80% renewable energy by 2030. “We are proud to be a part of Maine's renewable energy transition and are committed to providing clean and sustainable energy solutions to our communities,” said Dan Gulick, Senior Vice President, Aspen Power. “We believe that the acquisition of these solar projects is an important step towards achieving that goal, and we look forward to bringing all of them online to benefit the communities they serve.” “We are thrilled to have found a partner in Aspen Power who shares our vision for clean energy and sustainable communities. We look forward to seeing these projects come to fruition under their leadership,” said Clarke Fenner, the original developer of Aspen’s Maine portfolio and current CEO of Senergy Solar Development. Aspen Power recently acquired Safari Energy, significantly expanding the company's footprint in the commercial and industrial solar market. With the goal of reaching gigawatt scale by mid-decade, Aspen Power is committed to advancing the transition to a more sustainable energy future. About Aspen Power Aspen Power is a distributed energy generation platform with the dual mission of accelerating and democratizing decarbonization. We partner with businesses, communities, and others in the industry to develop, construct, and operate renewable energy assets. Our experienced team is passionate about solving our customers’ energy challenges to deliver a sustainable future throughout the U.S.

Read More

PRODUCTS

Sourceability Launches Order API to Optimize Procurement of Electronic Components

prnewswire | May 30, 2023

Sourceability, a global distributor of electronic components, today announced Sourcengine Order API, an update to Sourcengine's Application Program Interface (API). The innovative tool allows enterprise resource and material requirement planning (ERP/MRP) functions to streamline the procurement process and reach thousands of suppliers globally. The API, designed for mid-sized manufacturers with an ERP/MRP system, helps to eliminate time spent managing suppliers and procurement lists by allowing businesses to research, quote, and purchase electronic components without leaving their internal systems. Unlike its competitors, Sourcengine's API does not limit its capabilities by what it is able to stock. Its marketplace relies on the partnerships the company has established with over 3,500 suppliers worldwide. Additionally, users benefit from third-party integrations with innovative solution providers like CalcuQuote, one of the first integrations for Sourcengine Order API. CalcuQuote offers software and supply chain solutions for the Electronics manufacturing industry. This integration provides direct access to the Sourcengine marketplace to their customers within the CalcuQuote platform. "One of the biggest industry pain points we aim to solve is the amount of time spent searching for pricing and availability of electronic components," said Jens Gamperl, Founder and CEO of Sourceability. "This API update is the next step in digitalizing the supply chain and automates the manual process of checking multiple platforms and sending emails to sales representatives for individual quotes. This software centralizes data so that users can reduce the risk of human error and optimize the procurement process." "The integration to the Sourcengine Order API further provides digital purchasing capabilities to the electronics manufacturing industry that are integrated through CalcuQuote solutions," said Kaitlyn Dotson, CalcuQuote COO. "The industry is continuing to push for more digitalization for ordering and this allows CalcuQuote to support more customers." The new tool marks the next evolution of Sourcengine's innovation by making its marketplace more easily accessible to manufactures – streamlining the procurement process while still allowing users to price benchmark and quickly get pricing from multiple suppliers. About Sourceability Sourceability a global distributor of electronic components offering digital tools, services and data with the power of technology to meet customers' evolving demands. Sourceability combines the expertise of global distribution with the leading e-commerce marketplace in the industry, and works with the largest catalog of suppliers to provide the transparency, robust data and speed that customers need to create a seamless procurement process. The company's global distribution centers in Singapore, Hong Kong, and Miami are supported by regional offices to maintain a holistic understanding of customer supply chain needs. Sourceability continues to build upon its initial success since the company was founded in 2015 by harnessing innovation, customer empowerment, and integrity.

Read More

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