SOLAR+STORAGE,ENERGY
TotalEnergies | July 28, 2022
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Veolia have signed an agreement to start the construction of the largest solar photovoltaic (PV) systems providing power for a desalination plant in Oman, in the city of Sur. The power plant will be located on the site of the Sharqiyah Desalination plant, which is a reference in Oman and in the gulf region, supplying drinking water to more than 600,000 inhabitants of the Sharqiyah region.
This 17-megawatt peak (MWp) solar project will be the first of its kind to be installed in the region. It produces annually over 30,000 megawatt-hours (MWh) of green electricity, or more than a third of the desalination plant's daily consumption, enabling it to avoid close to 300,000 tons of CO2 emissions.
This is in line with Oman’s National Energy Strategy to convert 30% of its electricity use to renewable sources by 2030. The plant will be equipped with more than 32,000 high-efficiency solar panels and will use an innovative East-West tracker system to increase energy production. It will cover an area of 130,000 square meters, equivalent to approximately 18 football pitches.
“At Veolia, we are committed to bring the ecological transformation in the water sector for our clients and for our own assets. We’re happy to launch the construction of the solar plant on our desalination unit in the city of Sur, to be able to power it with the green electricity while drastically reducing its carbon footprint, As one of the key players of Oman’s water sector, Veolia is fully committed to supporting Oman’s Vision 2040 sustainability objectives for the Sultanate’s communities and industries and our solar project with TotalEnergies goes in this direction.”
-Estelle Brachlianoff, Chief Executive Officer of Veolia
This project is in line with our strategy to develop renewable energy in the Middle East and provide our customers with clean, reliable and affordable energy solutions. We are committed to helping Veolia decarbonize its operations, building on our strong track record of deploying renewable energy solutions at highly technical and complex sites. As a global multi-energy company, our goal is to contribute to the development of renewables in Oman and its region,” said Vincent Stoquart, Senior Vice President Renewables at TotalEnergies
Veolia is deploying solutions to optimize the energy efficiency of its desalination activities, including its Sharqiyah Desalination plant. The Group, in partnership with TotalEnergies, has decided to take a further step towards green transformation by using renewable energy to power the plant instead of fossil fuels.
TotalEnergies aims to assist producing countries in building a more sustainable future through a better use of the country’s natural resources, including solar energy, which will directly improve the accessibility of cleaner, more reliable and more affordable electricity. The Company is leveraging its leadership position in the region to develop large-scale solar projects in Qatar, Iraq and Libya. These projects illustrate the sustainable development model of TotalEnergies, a global multi-energy company that supports producing countries in their energy transition.
TotalEnergies and renewables electricity
As part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio of activities in renewables and electricity. At the end of June 2022, TotalEnergies' gross renewable electricity generation capacity is 12 GW. TotalEnergies will continue to expand this business to reach 35 GW of gross production capacity from renewable sources and storage by 2025, and then 100 GW by 2030 with the objective of being among the world's top 5 producers of electricity from wind and solar energy.
About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people. @TotalEnergies l TotalEnergies l TotalEnergies l TotalEnergies
About Veolia
Veolia group aims to be the benchmark company for ecological transformation. With nearly 220,000 employees worldwide, the Group designs and provides game-changing solutions that are both useful and practical for water, waste and energy management. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and replenish them. In 2021, the Veolia group provided 79 million inhabitants with drinking water and 61 million with sanitation, produced nearly 48 million megawatt hours and recovered 48 million tonnes of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 28,508 billion euros in 2021. www.veolia.com.
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STRATEGY AND BEST PRACTICES,ENERGY
Compute North | August 09, 2022
Compute North, a leader in sustainable, large-scale computing infrastructure, formally announces energization of the company’s fifth TIER 0™ data center. Spanning 29 acres near a wind site in the “Wind Energy Capital of Texas,” the facility will be scaled up to 280MW and marks the first behind-the-meter wind project of its kind. Compute North is also pleased to announce that, for this facility, Marathon Digital Holdings, Inc. (NASDAQ:MARA), a leader in supporting and securing the Bitcoin ecosystem, will be the exclusive customerCo-located directly at the source of power, the TIER 0™ facility will provide the wind farm with guaranteed power off-take. This will serve to optimize the asset which could otherwise be forced to curtail production during peak generation events, wherein the wind turbines produce more energy than can be used, stored, or transmitted. Moreover, the onsite computing operations conducted by Marathon Digital’s ASIC bitcoin miners are designed to convert power directly into a digital and transferrable store of value on the Bitcoin network.
“Together, Compute North and Marathon will advance critical transitions at the heart of the global financial, energy, and computing industries, Our project in McCamey, Texas helps resolve the Texas grid constraints by bringing computing workloads directly to the generation source and eliminates the need for costly transmission lines – all while investing in the local community and creating new jobs in Upton County.”
-Compute North CEO and Co-Founder, Dave Perrill
With the energization of this facility, approximately 40,000 of our installed miners, representing 3.9 exahashes per second, are now in the process of coming online in Texas,” said Fred Thiel, chairman and CEO of Marathon Digital Holdings. “Additionally, given the groundwork the teams at Compute North and Marathon laid at the start of this year, we are now well positioned to continue deploying and energizing miners at this behind-the-meter wind farm in West Texas. We look forward to continuing to work alongside Compute North to accelerate the ramp in Marathon’s hash rate as the facility comes online.
About Compute North
Compute North is the leader in TIER 0™ data centers, focused on delivering the most sustainable, cost-effective computing in the world. The company provides efficient, highly scalable infrastructure for clients in the blockchain, cryptocurrency mining, and the distributed computing space. With operations across the United States, Compute North brings a unique combination of data center, energy, and technology expertise to meet the growing demand for purpose-built infrastructure solutions for highly specialized computing needs. For additional information, please visit www.computenorth.com.
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SOLAR+STORAGE,PRODUCTS
The Timken Company | July 18, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has been selected as the exclusive provider of advanced precision drives for the Redstone Solar Thermal Power project in Northern Cape, South Africa. BrightSource Energy chose Timken's solar-tracking technology, developed by its Cone Drive business, to properly position Redstone's heliostat mirrors to reflect the sun's rays. The facility will store the thermal energy it collects in molten salt and convert it to electricity for delivery to South African consumers day and night.
"Our expertise in application engineering is a differentiating factor that customers look for in a partner, We work side-by-side with world-leading solar power providers and developers like BrightSource, offering innovative technology and solutions that help advance their products. These close partnerships lead to enhanced performance, extended product life and reliable operations for the customers we serve. It's rewarding to know that our engineering expertise is helping to create a more efficient and resilient world."
-Kurt Gamelin, president, Cone Drive
Expected to begin commercial operations by the end of 2023, Redstone is capable of generating up to 100 MW, South Africa's largest renewable energy project to date. The facility is entirely emissions-free, with no requirement for natural gas or oil back up. Furthermore, Redstone significantly reduces water consumption for cooling by using an efficient, low-water dry cooling system.
Timken's contributions to Redstone demonstrate its commitment to advancing environmental sustainability through product innovation, operational excellence and technology. The company has invested heavily in research and development for the solar energy market sector, building strong manufacturing, engineering and testing capabilities in both the United States and China.
Renewable energy, which consists of both solar and wind, is Timken's single-largest end-market sector, representing approximately 12 percent of total company sales in 2021.
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com) designs a growing portfolio of engineered bearings and power transmission products. With more than a century of knowledge and innovation, we continuously improve the reliability and efficiency of global machinery and equipment to move the world forward. Timken posted $4.1 billion in sales in 2021 and employs more than 18,000 people globally, operating from 42 countries. Timken has been recognized among America's Most Responsible Companies by Newsweek, the World's Most Ethical Companies® by Ethisphere, and America's Best Employers, Best Employers for New Graduates and Best Employers for Women by Forbes.
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