ENERGY
businesswire | March 24, 2023
AVANGRID, a leading sustainable energy company and part of the Iberdrola Group, has announced today the signing of a power purchase agreement (PPA) with Meta to procure renewable energy from True North, a 240 MW solar farm under development in Falls County, Texas, and AVANGRID’s first solar facility in the state.
“We are proud to sign this agreement with a partner like Meta who, like us at AVANGRID, has a strong commitment to accelerating the energy transition in the U.S.,” said Pedro Azagra, AVANGRID’s CEO. “With projects like True North, we continue our mission of helping the country meet its ambitious clean energy goals, while also creating quality jobs and strengthening our local economies.”
“We’re excited to expand our partnership with AVANGRID to help bring new solar energy to support our local operations in Texas,” said Urvi Parekh, head of renewable energy at Meta. “True North will support our commitment to 100% renewable energy and represents additional investment and jobs for the region.”
Since 2020, Meta’s global operations have been supported by 100% renewable energy. The True North project will support Meta’s upcoming data center in neighboring Temple, their second data center facility in Texas.
True North, AVANGRID’s first solar farm in Texas, will deliver 240 MW of clean, renewable energy once it reaches commercial operations, which is expected by early 2025. During its construction and operation, True North will create over 200 local jobs and is expected to pay over $40 million in property taxes over 25 years in this state, in which the company already operates more than 1,250 MW of onshore wind facilities.
With more than 8.6 GW of installed renewable capacity, including 1.1 GW of solar projects operating and under construction, AVANGRID is the third largest renewable energy operator in the U.S. In total, the company has a strong pipeline of more than 25 GW under development, encompassing solar, onshore wind, offshore wind, and battery energy storage.
About AVANGRID
AVANGRID, Inc. aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $41 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: networks and renewables. Through its networks business, AVANGRID owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, AVANGRID owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs more than 7,500 people and has been recognized by JUST Capital in 2021, 2022 and 2023 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2023, AVANGRID ranked first within the utility sector for its commitment to the environment. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2022 for the fourth consecutive year by the Ethisphere Institute. AVANGRID is a member of the group of companies controlled by Iberdrola, S.A.
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INDUSTRY UPDATES
businesswire | March 23, 2023
Capstone Green Energy Corporation, a global leader in carbon reduction and on-site resilient green energy solutions, announced that Horizon Power Systems, Capstone’s exclusive distributor for the Rocky Mountain States, Western Canada, Oklahoma, and Arizona, secured a follow-on order for two Capstone C1000 Signature Series microturbines. The order is scheduled to be commissioned during the third quarter of 2023.
“Capstone microturbines create loyal customers, and this order is a great example. This customer has been using Capstone Green Energy microturbine technology since 2010, and continues to return for additional systems,” said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “They have implemented our low emission systems at multiple, remote, unstaffed facilities across their operations in Wyoming. Capstone microturbines continue to deliver reliable, low-emission power where the customer needs it most.”
The microturbine will power a remote natural gas compression facility and run on high-pressure natural gas (HPNG). The customer indicated that it selected Capstone based on its ongoing, positive experiences with Capstone products. Their current equipment has operated continuously for several years, despite being subjected to harsh conditions and extreme weather events.
“The customer’s current fleet of 15 microturbines have an average 99% uptime,” said Sam Henry, President of Horizon Power Systems. “The company knows the reliability and low maintenance of microturbine-based energy systems. Even with the catastrophic storms that have rolled through the Basin this year, the microturbine fleet has maintained its near-perfect uptime. Capstone microturbines meet Wyoming’s stringent air quality rules and make permitting very easy,” added Henry.
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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SOLAR+STORAGE, INDUSTRY UPDATES
Tigo Energy | February 20, 2023
Tigo Energy, Inc., a company specializing in intelligent solar and energy storage solutions, will introduce the Tigo EI Residential Solar Solution on Wednesday, February 22, 2023, at the Genera Energy and Environment Fair in Madrid. Representatives from Tigo's business and engineering divisions will be at the conference to meet up with Spanish PV experts and demonstrate the new Tigo solar-plus-storage system.
Introduced fot the Iberian market, the solution is comprised of Tigo TS4 Flex MLPE products, modular DC-coupled energy storage components, a new collection of single-phase and three-phase inverters, and the Tigo EI Link, which functions as a communications hub and central connection point for all inverter, grid, PV, and battery connections.
Through module-level monitoring, Tigo Energy Intelligence software processes energy data from the EI Residential Storage System, allowing installers to manage and monitor their fleet of customer systems with just a few mouse clicks. Customers of Tigo in the EU will also enjoy industry-leading warranties and a skilled, multilingual support team, ensuring that installers receive optimal support with Tigo products.
Attendees of the Genera Energy and Environment Fair can learn about the EI Residential Solution by joining one of the conference's presentations on February 21st, 22nd and 23rd, hosted by Grupo Noria at booth 8-8B04 and by DSP Solar at booth 8-8D15v. In addition, customers can visit the Genera International Energy and Environment Fair in Ifema, Madrid, from February 21 to 23, 2023, to learn more about the Tigo Flex MLPE product line and the Tigo EI Residential Solar Solution.
About Tigo Energy
Tigo Energy, based in Campbell (California), is the global leader in Flex MLPE (Module Level Power Electronics), which develops innovative solar power storage and conversion products that provide customers with greater freedom of choice. The Tigo TS4 platform increases solar output, reduces operating expenses, and improves security. When paired with the Tigo Energy Intelligence (EI) platform, it provides insights at the module, system, and fleet levels to boost solar performance and reduce operating costs. Tigo was founded in 2007 in Silicon Valley to promote the adoption of solar energy. Its global team supports customers whose systems produce gigawatt-hours of safe solar energy on seven continents.
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