Apex Clean Energy | January 31, 2023
On January 30, 2023, Apex Clean Energy signed an Environmental Attribute Purchase Agreement (EAPA) with Meta to generate total renewable energy in the Angelo Solar Project with a 195 MW facility, supporting the regional operations in Tom Green County (Texas).
The Angelo Solar Project will generate around $31.7 million in tax revenue for the local community, approximately $22 million in landowner payments, and about 400 jobs during construction, with commercial operations expected in early 2024.
The other earlier declared transactions would continue to manifest between Apex and Meta, like an 80 MW EAPA with Altavista Solar, 197 MW with Jayhawk Wind, 175 MW with Lincoln Land Wind, 200 MW with Aviator Wind East, and 225 MW with Great Pathfinder Wind, along with this agreement.
President and CEO of Apex Clean Energy, Mark Goodwin, said, “The success of our company and our mission, to accelerate the shift to clean energy, relies on partnerships with first movers like Meta that have set ambitious standards driving the energy transition. He added, “As we advance our sixth project alongside Meta, this portfolio, now totaling more than a gigawatt, represents a diverse set of best-in-class wind and solar projects in markets across the United States.”
(Source – Business Wire)
Urvi Parekh, Head of Renewable Energy at Meta, said, “We appreciate Apex’s partnership in helping us bring a total of one gigawatt of new renewable energy to the grid across Texas, Virginia, Illinois, Kansas, and Iowa.” She added, “This new solar project will support our commitment to 100% renewable energy and will help bring jobs and investment to the local community.”
(Source – Business Wire)
About Apex Clean Energy
Apex Clean Energy generates clean energy with a diverse portfolio of about 40 gigawatts. At its headquarters in Charlottesville (Virginia) and nationwide, 400 specialists are working on its projects. Its renewable frontiers are wind, solar, storage facilities, distributed energy resources, and green fuel technologies in North America. Established in 2009 as a modest start-up, the company has grown into a successful business that encourages employee initiative and autonomy.
Form Energy, Inc | January 30, 2023
Form Energy, Inc., an American technology company developing and selling a new class of economic, multi-day energy storage systems, recently announced that it had signed definitive agreements to install its iron-air battery systems at two of Xcel Energy's retiring coal plant sites. The storage technology will enable Xcel Energy to incorporate more low-cost, renewable energy into its structure while maintaining reliability as it retires coal plants and transitions to a more renewable future in the coming years.
The Sherburne County Generating Station, located in Becker, Minnesota, will receive a 10 MW / 1,000 MWh multi-day storage system from Xcel Energy-Minnesota. The Comanche Generating Station, based in Pueblo, Colorado, will also deploy a 10 MW / 1,000 MWh multi-day storage system provided by Xcel Energy-Colorado. Both projects are scheduled to begin construction in 2025 and depend on regulatory approvals from their respective states.
Form Energy and Xcel Energy worked together on comprehensive modeling with FormwareTM, Form Energy's next-generation operational and investment modeling tool for power grids. This modeling aided Xcel Energy in validating how Form's multi-day storage will improve Xcel Energy's ability to integrate many renewable resources, such as wind, into its system reliably and cost-effectively. Furthermore, this analysis demonstrated that Form Energy's 100-hour iron-air battery technology would protect the grid from normal weather variability on a day-to-day basis, as well as extreme weather events such as severe winter storms and polar vortex events.
Co-Founder and CEO of Form Energy, Mateo Jaramillo, shared, "Xcel Energy operates across some of the richest wind-resource areas in North America. We're very pleased to work with the Xcel Energy team to maximize use of its renewable generation by providing a technology solution that will ensure their customers benefit from reliable and cost-effective service year-round. This partnership highlights Xcel Energy's commitment to ensuring grid resiliency and reliability, energy security, and access to low-cost clean energy when and where it is needed – every day of the year."
(Source – Business Wire)
About Form Energy
Headquartered in Somerville (Massachusetts), Form Energy is an energy storage manufacturing and technology company developing and implementing an innovative iron-air battery. It was founded in 2017 by energy storage experts, who came together with a common goal of reshaping the global electric system. The company aims to provide year-round availability of a dependable, resilient, and entirely renewable electric grid through its cost-effective, multi-day storage systems.
Pivot Energy | January 27, 2023
Pivot Energy, a national renewable energy provider, is set to deploy nine additional rooftop solar systems on Extra Space Storage's facilities, adding a capacity of 946.8 kilowatts to an already expansive renewable energy portfolio that has now reached 15 megawatts (MW). The rooftop solar arrays developed as a result of this collaboration will generate approximately 20 million kilowatt-hours of clean electricity annually, enough to power over 2,500 homes.
Since 2018, Extra Space Storage and Pivot Energy have developed 150 solar projects in twelve U.S. states: California, Colorado, Alabama, Florida, Georgia, Illinois, Rhode Island, Michigan, Massachusetts, Missouri, and Tennessee. Each solar system produces 80 to 100 percent of the facility's energy, making Extra Space Storage a leader in promoting renewable energy.
Extra Space has been an industry pioneer in solar adoption for over a decade and was the first self-storage company to receive Nareit's award for displaying excellent and continuous sustainability practices. It has won this award three years in a row, from 2020 onwards.
Pivot Energy is a commercial solar provider that helps municipalities, schools, universities, businesses, and non-profits reduce operating costs and electricity consumption by maximizing state and federal incentives and making their operations more sustainable.
Erik Bruner, Director of Business Development for Pivot Energy, shared, "We deeply value our longstanding partnership with Extra Space Storage." He added, "It is a delight to work with a client that's genuinely enthusiastic about incorporating solar into their business model, and they've truly paved the way for their industry. This 15 megawatt milestone is certainly not the end of the road for Extra Space, and we look forward to helping them achieve even more of their sustainability goals in the future."
(Source – PR Newswire)
About Pivot Energy
Headquartered in Denver, Colorado, Pivot energy is a national solar provider that designs, finances, constructs, and manages solar energy and energy storage projects. Its goal is to decarbonize electricity, improve access to clean energy for local communities, and deliver cost savings for families and businesses. The company provides a distributed energy platform that includes various software and services designed to serve the entire solar ecosystem. It is a Certified B Corporation with a corporate strategy that aims to impact society positively.