Ubiquitous Energy’s Transparent Solar Tech to be displayed at BMW Stores

In mid-April, the BMW Brand Store in Paris displayed a new form of transparent solar technology from Ubiquitous Energy, a technology company from Silicon Valley, California that specializes in transparent photovoltaics. UE’s latest technology is called ClearView, which is a lightweight film only 1/1000th of a millimeter thick and is 90 percent transparent but is capable of generating electricity by absorbing ultraviolet and infrared light.

This new ClearView technology will be put on display in BMW Brand Stores throughout the world, including London, Shanghai, Brussels, Seoul and Munich, as part of BMW’s i Exhibition. The ClearView coating will be displayed on 6-inch glass panels and available for BMW customers and partners to see.  “We’re delighted that BMW chose Ubiquitous Energy to participate in this global tour for innovative new technologies,” said Ubiquitous Energy CEO, Miles Barr. “The automotive industry has shown great interest in using our lightweight, transparent solar materials in next-generation vehicles.”

The idea behind this coating is that, because it’s 90 percent transparent, it can be put on nearly any surface and generate electricity by absorbing light. So this can, in theory, be placed on nearly any glass window, sunroof or even body panel of an electric or hybrid car and generate electricity for the batteries. How much electricity it generates has yet to be seen, but every little bit counts these days. Plus, if it can effectively replace solar panels, it would make the solar panels roofs of Tesla’s obsolete, as those are big, heavy and replace sunroofs. This could be a huge innovation for BMW to be partnered with.

While the ClearView isn’t 100 percent transparent, it could be used on tinted windows very well, as most tinted windows have far less transparency than 90 percent. This would allow an electric car owner to tint their windowsa bit with this ClearView and gain a bit of extra electricity. It would work great on sunroofs and could even work across the entire roof, as it’s so thin an transparent that is has virtually no negative aesthetic impact. And, using it on a car like the BMW i3 would still allow for BMW to claim that it’s the most environmentally-friendly car on the road, thanks to the fact that ClearView only uses low-cost, non-toxic materials.

While this technology is still in its infancy and will most likely not solve range anxiety anytime soon, it’s certainly a big help and a very impressive technology that will only get better in the future. BMW is the first automotive company to be dealing with this sort of technology and it has the potential to seriously help the BMW i Brand as well as any BMW eDrive vehicle.

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DCE Solar

DCE Solar serves as market leader in industrial grade solar mounting hardware and consulting. With DCE’s world-class engineering and fabrication facilities, American master craftsmen leverage more than three generations of Swiss engineering expertise to create a full catalog of superior fixed tilt mounting and tracking solutions for ground as well as fixed tilt solutions for flat roofs.

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Strategy and Best Practices, Industry Updates

Outdated perceptions: how energy attitudes are damaging customer wallets

Article | August 16, 2022

Despite rising energy costs and dwindling customer ratings of the ‘Big Six’, over 37% of Brits still believe they are getting a good deal when it comes to gas and electricity. Here, Keith Bastian, CEO of rising independent Outfox the Market, challenges those age-old perceptions that are damaging consumer bank balances… I have never quite understood the notion of pay more for the same service. Except that last part, is really where the difference lies. As I have made my way through the energy market, it seems clear to me that we are facing a common notion. Age-old dinosaurs, that have relied on name status and brand power to retain customer loyalty, despite not providing anything different or any value-added service, give the impression that customers are somehow safer with them. That is the biggest misconception. We at Outfox the Market would like to challenge that. Of course, when I speak in such a way, I am referring to the ‘Big Six’, those long-established brands whose share in the energy market whilst substantial, is increasingly coming at the cost to its customers. For example, in the latest independent customer rankings from Which, it was determined that the traditional big energy companies had some of the lowest scores for customer service and value for money, yet some customers still feel secure with them. On the contrary, rising independents, such as ourselves, were scoring highly in these areas and this is where I feel the difference lies. Regardless of your opinion on fossil fuels and/or renewables, it is more the value of looking after your customers, understanding their concerns and dealing with them efficiently that has become somewhat lost for the ‘Big Six’. It is true that they have a larger proportion of customers to serve with a larger workforce, but that should not be to the detriment to the service they provide. What were are seeing now, as evidenced by the recent Ofgem price hikes, is the ‘Big Six’ once again failing consumers in these areas, with most of the top names putting costs up by £96 a year on average as of April. I am not one to not acknowledge that energy firms are tongue-tied in some respects in passing regulated costs on; there are times when we must. However, customers could also benefit from a little research. Even with growing numbers of consumers switching, nearly 60% of all households in the UK are still on standard variable rate tariffs, those that are subject to the incoming Ofgem hikes. So, the real question is why aren’t more customers switching? Heritage, loyalty and brand association. These facets really should not come at cost of paying more for energy. I really believe it is down to time-sensitivity and a misunderstanding around the barriers to switching, with cost somewhere in the middle. According to MoneySuperMarket, 75% of us would switch if we could save £149.99. A hefty figure, but why not the £96 highlighted earlier? That is still pretty good, and something that would add up nicely over the years. I understand we are time-poor as a nation, it’s well publicised, but we’re all well averse in switching phone contracts and insurance deals, so why not where our energy comes from? Truth be told, I believe it’s an age-old notion that energy is ‘just something that comes with the house, not worth the hours or hassle to change.’ But in all honesty, it takes a matter of seconds to switch. Firms such as ourselves offer this and more via a quick and easy quote online. Best of all, many energy providers will help manage the switching process for you, contacting your current provider and notifying them of your intentions. I would also like to challenge this notion that once an energy firm ‘gets you’, you are ‘locked in’ for years upon end in ever rising contract costs. If you are on a standard variable tariff, you can switch to a new provider at any time. What’s more, even if you are in a fixed term energy deal, which can be subject to exit fees, sometimes the cost involved outweighs the savings you can make with your new provider. Customers must do their best to ask more of energy firms, check the service they are being given and hold it up against national bill averages. Compare what your neighbours, friends and family are paying under similar living circumstances, and weigh up if you are being given a fair deal. Living costs and regulated price hikes are always going to be an ever present worry, so I call on both customers and energy firms to do their due diligence in these respects. Age-old energy firms relying on their reputation must take a serious inward look at their lessening market share to understand why they are failing customers. It’s time to make a change now, both from business attitude and a consumer standpoint; switching is quick, easy and a vital notion to bear in mind, as both retaining custom and saving money becomes an ever-growing sticking point in the energy market.

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Energy

How viable is Underground Hydrogen Storage?

Article | July 15, 2022

Cleaner energy resources are the dire need of the hour and this is a known fact. While scientists and experts across the planet are striving hard to reduce our reliance on fossil fuels, our energy needs have never faced a downfall- thanks to rapid industrialization and urbanization. Although renewable resources like solar, wind, and hydro-electric power are the most popular alternatives, these are seasonal energy sources and the energy production from the same will not be similar all around the year. The fluctuations in production hence cannot always meet the energy demand of the population, and this makes the renewable energy sources not completely reliable. Solar Production v/s Demand of the same in a year What and How H2 is produced? Now, this is where Hydrogen- the first element of the periodic table comes to the spotlight with a solution. Being a gas, hydrogen fuel can very well cater to our energy needs and is produced from techniques including Thermochemical, Solar-Water splitting, electrolytic and biological processes. While the production of this cleaner energy source leaves a carbon footprint of about 830 million tonnes in the form of CO2 annually, the result being a zero-emission fuel is what makes H2’s future bright. Storage of H2 – the million-dollar question: Having almost cleared the need and methods of producing hydrogen fuel, we will be looking at an area that is usually not given much thought about and that is the storage of H2. As already mentioned, for time being let us consider hydrogen as an alternative to renewable resources which is utilized when the energy demand increases drastically. While producing the fuel in the nick of time is obviously undoable, sufficient storage of H2 anticipating the demand is the best choice. Like Natural Gas, Hydrogen is also compressed before storing to achieve lower volume and also because liquid hydrogen demands a 64% higher amount of energy for storage than its compressed gaseous counterpart. Storage tanks v/s Geological landforms: Compressed Hydrogen can be stored in surface storage vessels (like steel composite concrete vessels and in wind turbine towers) or in geological landforms like (salt caverns, depleted O&G reservoirs, and aquifers). Nevertheless, unlike the underground geological landforms which offer huge storage capacity owing to their sheer scale, the storage tanks which can range in size from a small bottle to a huge tank require high amounts of pressure to store an appreciable amount of H2 in it. Since these storage tanks are usually constructed on the surface, the pressure conditions in these tanks need to be artificially stimulated and thereby mount huge upfront costs when compared to their geological storage counterpart. H2 storage prices in Geological Landforms v/s Storage Vessels (in $/kg) The above is a table comparing the prices of Hydrogen storage in Geological landforms and Storage Vessels at different pressure conditions. It is visible from the table that it's about 218 times cheaper to store the same amount of hydrogen in Geological landforms than in storage vessels. Is geological storage truly a better option? Like any other storage option geological storage too has its pros and cons. From the erosion of pipelines to the tedious task of injecting the gas and maintaining it at apt pressure conditions, geological storage has its limitations. However, the important prerequisite is the availability of the suitable landform itself. While most of the Depleted O&G Reservoirs have already met all the requirements for a suitable Underground Hydrogen Storage (UHS) system, the presence of unrecoverable remnant fluids in it makes it both a boon and a bane. This is because the presence of remnant fluids like oil and gas satisfies the cushion gas need for efficient storage of H2 in the reservoir, chances of contamination of H2 by the same is also high. This is the reason why Aquifers too aren’t favorable underground landforms when it comes to hydrogen storage. Salt Caverns- the best UHS System? The problem of Hydrogen contamination in Depleted Oil & Gas reservoirs and aquifers leaves us to the next big suitable subsurface landform- salt caverns. Unlike the other two landforms, the problem of contamination can be prevented in these dome-like structures formed due to the upliftment of salt deposits and it is also found that about 98% of its storage efficiency can be used to store Hydrogen here. The reason behind its relatively expensive nature when compared to its other two counterparts is due to the process of salt removing or leaching that must be done before storing to ensure that the contamination of the gas is unheard of at least here. Suitable Conditions of UHS: As per Stefan Iglauer, the maximum amount of H2 can be stored at a depth of 1100m beneath the Earth’s surface and the capacity gradually decreases up until 3700 m depth beyond which the wettability of the gas increases as it percolates through the rocks and hence cannot be permanently immobilized. Conclusively it is found that suitable landforms formed at 1km depth can store up to 2.0 Mt of H2. Comparing this 2 MT storage capacity of Salt Caverns with the currently available storage tanks which can store about 800 kg of H2 in it, it is visible that geological landforms have a clear upper hand at least when it comes to storage capacity. Future of UHS: With demands for Hydrogen fuel estimated to grow at 5.48 % annually and the need for a suitable storage system of the same at 5.8% annually, the field of Underground Hydrogen Storage systems indeed has a bright scope. Moreover, to meet the large-scale needs of Industries, there is an imminent need to level up the storage capacity of H2 and by exploring suitable geological landforms across the globe, the estimated industrial need of 1200 kT/ year in 2050 can be met.

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Strategy and Best Practices

Sustainable Future with Solar: Key Solar Power Events for 2023

Article | July 8, 2022

Discover top events shaping the future of solar power. These solar conventions and events in 2023 bring together experts and industry leaders to explore groundbreaking technologies and foster collaboration. In an era marked by environmental concerns and the urgent need to transition towards sustainable energy sources, the global focus on solar power has never been more critical. As the global community endeavors to reduce carbon emissions and combat climate change, the significance of exploring innovative solutions and fostering knowledge exchange in this field becomes increasingly apparent. Attending top solar events dedicated to solar power and renewable energy is an exceptional opportunity for professionals, researchers, policymakers, and enthusiasts to immerse themselves in the latest advancements, industry trends, and groundbreaking technologies. This article delves into some of the top solar events that are a must-attend for anyone passionate about solar power and renewable energy. These events serve as hubs of inspiration, collaboration, and education, driving the renewable energy sector forward and shaping a sustainable future for generations to come. 1.Global Energy Show Exhibition & Conference June 11 - 13, 2024 | Calgary (Canada) The Global Energy Show is a leading B2B exhibition and conference that brings together industry buyers, sellers, stakeholders, partners, CEOs, and young professionals to foster knowledge sharing and fuel innovation in the ever-changing energy landscape. This event will serve as an inclusive platform encompassing all energy systems, providing features on the exhibition floor and conference sessions dedicated to oil sands, hydrogen, wind, solar, petrochemicals, gas and LNG, electrification, and nuclear energy. This inclusive approach will ensure that attendees gain a comprehensive understanding of the challenges and opportunities present in the global energy sector. The event's comprehensive program tackles various topics, including meeting energy demand, navigating the energy transition, showcasing cutting-edge technology and innovation, and exploring the role of various energy sources within the broader energy system. By attending the Global Energy Show in 2024, energy professionals can play an active role in leading the path toward sustainably meeting energy demands. 2.ES 2023 (17th International Conference on Energy Sustainability) July 10 - 12, 2023 | Washington D.C. (USA) The ASME (American Society of Mechanical Engineers) Energy Sustainability Conference serves as a focal point for identifying innovative technologies, research advancements, and design solutions that contribute to developing renewable and sustainable energy systems. The conference will focus on various topics, including utility-level systems integration, aiming to create a path toward a more sustainable energy future. Participating researchers will have the opportunity to present their high-quality papers, which will be considered for selection in a special issue dedicated to Energy Sustainability by the ASME Journal of Energy Resources Technology (JERT) and ASME Journal of Engineering for Sustainable Buildings and Cities. This ensures that groundbreaking research and design advancements receive recognition and dissemination in esteemed publications. ES2023 will feature keynote and plenary speakers, as well as panelists from national labs, the Department of Energy, and renowned researchers from universities worldwide. These experts will bring invaluable insights and perspectives to the conference, fostering knowledge exchange and inspiring collaboration among attendees. 3.IEEE Power & Energy Society General Meeting 2023 July 16 - 20, 2023 | Orlando (Florida) The IEEE Power & Energy Society (PES) General Meeting (GM) stands as the premier annual event in the power and electrical engineering field, dedicated to meeting the energy needs of a dynamic world. This highly anticipated gathering will bring together over 3000 leading PES members, power and electrical engineers, prominent academics, and engineering students from around the globe. With a rich history dating back to 1964, when IEEE PES held separate winter and summer meetings, the GM has evolved into a single consolidated event since 2003. It has been a vital platform for knowledge sharing, collaboration, and networking among professionals in the field. By hosting the GM, IEEE PES aims to create an international forum that promotes networking, knowledge sharing, and collaboration among experts in the field. The event will serve as a platform to discuss vital issues, explore progressive developments, and address the challenges and opportunities in electrical and power engineering. 4.Global Summit and Expo on Sustainable and Renewable Energy (GSESRE2023) August 28 - 30, 2023, | London (UK) The 2nd Global Summit and Expo on Sustainable and Renewable Energy (GSESRE2023) aims to bring together renowned researchers, scientists, and scholars from around the world to foster knowledge exchange, present cutting-edge research works, and engage in discussions on the latest topics in the field of sustainable and renewable energy. This 3-day summit will gather key players in the sustainable and renewable energy community and related sectors. It strives to establish itself as a leading event, attracting global participants passionate about sharing, exchanging, and exploring new avenues in Sustainable and Renewable Energy-related scientific and commercial developments. GSESRE2023 features a comprehensive scientific program designed to cover a wide range of topics in Sustainable and Renewable Energy. Attending the summit will gives participants a unique opportunity to enhance their knowledge and stay at the forefront of interdisciplinary approaches to sustainable and renewable energy. The summit not will only offer a platform for learning but also provide invaluable networking opportunities. 5.SEST 2023 (6th International Conference on Smart Energy Systems and Technologies) September 4 - 6, 2023 | Mugla (Turkey) Governments worldwide are investing substantially in smart energy systems and technologies (SEST) to optimize energy utilization, enhance planning for outage responses and recovery, and foster seamless integration of diverse technologies such as renewable energy systems, electric vehicle networks, and smart homes within the power grid. The SEST conference is a premier event that endeavors to address the engineering complexities associated with designing and operating smart energy systems. At the SEST Conference, the primary objective is to facilitate in-depth discussions on advanced methodologies and best practices for developing various components of smart energy systems and ensuring their seamless integration within the grid infrastructure. This conference will serve as a vital platform for researchers, academics, industry professionals, and government regulators to collectively tackle the challenges faced in this domain. It will foster an environment conducive to sharing knowledge, exchanging ideas, and exploring innovative approaches to design and implement smart energy systems. 6.2023 7th International Conference on Renewable Energy and Environment (ICREE 2023) September 22 - 24, 2023 | Eskisehir Technical University, Turkey The 7th International Conference on Renewable Energy and Environment (ICREE 2023) is an eagerly anticipated event taking place in Eskisehir, Turkey. As a workshop of the ICPSE 2023 conference, ICREE 2023 provides an excellent platform for researchers and developers to come together and share their experiences, ideas, and research findings across various fields related to renewable energy and the environment. ICREE 2023 welcomes participants from diverse backgrounds, fostering a collaborative environment where students, postdoctoral researchers, and established scientists can engage in fruitful discussions and contribute to an integrative approach for addressing the challenges and opportunities in renewable energy and environmental sustainability. The conference will encompass an extensive range of topics, focusing on key areas such as photovoltaic technology, PV manufacturing, PV for rural development, solar thermal electricity, wind energy applications, hydropower applications, and more. Through research talks and presentations, attendees will have the opportunity to showcase their work, share insights, and gain valuable feedback from their peers. 7.Renewable and Sustainable Energy (RENEWABLEENG 2023) September 25 - 27, 2023 | Barcelona (Spain) The International Conference on Renewable and Sustainable Energy (RENEWABLEENG 2023) is a prestigious event that brings together a diverse range of participants, including academia, government laboratories, industry professionals, business entrepreneurs, and specialists from around the globe. This conference will offer an exciting environment to share the latest findings, exchange ideas, and establish strategic alliances, all with the shared goal of securing a clean and sustainable environment. RENEWABLEENG 2023 focuses on addressing the current challenges associated with climate change, emphasizing the quest for sustainable development goals and the transition to a low-carbon future, in line with the objectives set by the United Nations Framework Convention on Climate Change. The conference will serve as a platform for identifying pressing issues and generating viable solutions to achieve a more sustainable and environmentally friendly world. Moreover, RENEWABLEENG 2023 will operate in a hybrid format to ensure inclusivity, allowing remote attendees to participate via Zoom. 8.Renewable Energy Markets (REM) 2023 September 18-20, 2023 | Washington D.C. (USA) The annual Renewable Energy Markets conference serves as a gathering point for a diverse range of industry professionals driving the rapid transformation of the global clean energy marketplace. With a history spanning over 25 years, Renewable Energy Markets has earned a reputation as the premier conference series for professionals working in the clean energy sector. Thousands of renewable energy experts rely on REM conferences to equip them with the necessary tools to excel in the expanding retail renewable market. REM brings together corporate leaders, policymakers, and suppliers, fostering collaboration and providing guidance in navigating the dynamic and rapidly expanding renewable energy market. Attendees will have the opportunity to explore emerging trends in policy, exchange best practices in renewable energy procurement and marketing, review the latest technological advancements, and collectively shape the future of renewable energy. Organized by the nonprofit Center for Resource Solutions and co-sponsored by the U.S. Environmental Protection Agency, Renewable Energy Markets offers a highly respected platform that will facilitate knowledge sharing, networking, and collaboration among industry professionals. 9.5th International Conference on Renewable Energy, Resources and Sustainable Technologies (EnergyTech 2023) November 13 - 14, 2023 | Paris (France) The 5th International Conference on Renewable Energy, Resources & Sustainable Technologies (EnergyTech 2023) is a highly anticipated two-day event that brings together academics, researchers, professionals, administrators, educational leaders, industry representatives, and business leaders. It serves as a dynamic platform for knowledge sharing, discussion, and networking among experts in the field. The conference will feature an array of engaging activities, including keynote speakers, presentations, oral talks, poster presentations, and an exhibition. The theme of EnergyTech 2023, 'Accelerating the Advancements in Renewable Energy for Sustainable Growth,' will set the stage for in-depth discussions and exploration of various topics. Renewable energy, with its diverse range of resources, taking center stage, covering areas such as REN21, solar energy, bioenergy, ocean thermal energy conversion, 100% renewable energy, sustainable technologies, developments, advanced technology, and more. Participants can delve into advanced details and engage in interactive sessions that foster collaboration and knowledge exchange. The conference will offer a comprehensive program that addresses critical aspects of renewable energy, aiming to accelerate advancements in the field and drive sustainable growth. 10.Energy Trends 2023 (European Congress on Renewable Energy and Sustainable Development) November 16 - 17, 2023 | Rome (Italy) Energy Trends 2023 is a peer-reviewed European Congress on Renewable Energy and Sustainable Development. This prestigious event serves as a platform for researchers, professors, scientists, business delegates, entrepreneurs, practitioners, managers, and students from around the world to come together and strengthen their professional networks for the advancement of a sustainable future. The conference is dedicated to the theme of Developing and Securing Energy Technologies for a Sustainable Future. It aims to provide advanced, eco-friendly energy solutions that offer a competitive advantage and cost savings in various industrial and business sectors. Energy Trends 2023 will facilitate lively engagement and knowledge sharing among industry leaders and experts by focusing on cutting-edge presentations, special panel discussions, and interactive sessions. The conference will provide a platform to share new and exciting research findings and results. This exchange of knowledge and expertise contribute to the continuous development of renewable energy solutions and fosters the achievement of a sustainable future worldwide. Key Takeaways As the world increasingly recognizes the urgent need for sustainable and renewable energy solutions, attending top solar power conventions and events becomes crucial for professionals, researchers, and enthusiasts alike. These solar events will serve as catalysts for innovation, knowledge sharing, and collaboration, driving the advancement of solar power and renewable energy. By attending these top solar conventions and events in 2023, individuals can stay at the forefront of solar power and renewable energy developments, gain valuable insights, forge meaningful connections, and contribute to a sustainable future. These events offer unparalleled opportunities to engage with the brightest minds, discover groundbreaking technologies, and collaborate toward a cleaner, more sustainable energy landscape. Attending these top solar power events is not just an investment in personal and professional growth but also a commitment to driving the renewable energy revolution forward.

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What does Covid-19 mean for Renewable Energy?

Article | April 15, 2020

Covid-19. It’s everywhere, and it’s probably the reason that your food cupboards are unusually more stocked than usual, or the fact that you’re likely reading this blog from the confines of your own home, as opposed to at your office or during your daily commute. But, despite the impact to business, economies, daily life and public health, there’s one bittersweet development which we can all take away from the outbreak – and that’s the considerable reduction of global CO2 emissions, and a resurgence of hope that it is fully possible for us to slow the onset of climate change and preserve our planet for future generations.

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Spotlight

DCE Solar

DCE Solar serves as market leader in industrial grade solar mounting hardware and consulting. With DCE’s world-class engineering and fabrication facilities, American master craftsmen leverage more than three generations of Swiss engineering expertise to create a full catalog of superior fixed tilt mounting and tracking solutions for ground as well as fixed tilt solutions for flat roofs.

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Energy

Greenwood Sustainable Infrastructure (GSI)-Led Joint Initiative with Ocean Man First Nation to Build One of the Largest Solar Projects in Canada

PR Newswire | January 25, 2024

Greenwood Sustainable Infrastructure LLC (GSI), one of the renewable energy subsidiaries of Libra Group, announced that Iyuhána Solar (Iyuhána), a GSI-led partnership with Saturn Power Inc. and Ocean Man First Nation, has been awarded a Power Purchase Agreement (PPA) to construct and operate a 100-megawatt (MWac) utility-scale solar facility in Saskatchewan, Canada. Developed in partnership with Ocean Man First Nation, the project will be one of Canada's top 10 solar facilities by size. Under an exclusive PPA, the largest with a utility in Canada since 2015, Iyuhána plans to invest approximately $200 million (CDN) to construct the solar facility, which it will operate, supplying generated power to the principal municipal utility company, SaskPower, for 25 years. Located in the Rural Municipality of Estevan in southeast Saskatchewan, this emissions-free solar facility will produce enough power for the equivalent of approximately 25,000 homes. "We are proud to bring the transformative power of solar energy to Saskatchewan by working with partners such as Ocean Man First Nation," said Mazen Turk, CEO of GSI. "This unique collaboration shows the power of renewable energy to harness resources and empower communities responsibly. This work is core to our ethos as a Libra company, and we look forward to continuing to help support a clean energy future across Canada and beyond." As a founding partner, Ocean Man First Nation will have an ownership stake in Iyuhána Solar. Band members will also receive specialized training to maintain the solar facilities and employment opportunities with the project. Additionally, partnering with two of Saskatchewan's leading post-secondary academic institutions, Iyuhána will provide scholarships, internships, and direct research projects in clean energy to benefit the community. "Our partnership with GSI and SaskPower will bring great opportunities for Ocean Man First Nation, including employment and revenue that will provide stability and sustainability for our Band," said Chief Connie Big Eagle, Ocean Man First Nation. "We are proud that this project, which is able to generate clean power, will be known as Iyuhána Solar, which, in Nakotah translates to 'everyone' or 'all of us.' This is derived from our Nakotah belief that everyone and everything is related and therefore we must care for each other." While investment in renewable energy grows across Canada, Saskatchewan's clean power supply mix has predominantly consisted of hydro and wind. This is the first of many planned solar projects in the province; by 2035, SaskPower plans to support approximately 3000 MW of new renewable energy capacity in the region. "This new solar facility will play an important role in our path to net-zero by 2050 or sooner," said Rupen Pandya, SaskPower President and CEO. "We are proud of our ongoing collaboration with Indigenous peoples and the critical role they are playing in the successful expansion of renewable energy in our province." GSI is one of four renewable energy subsidiaries of Libra Group, a privately owned, global business group that encompasses 20 businesses in six sectors, including renewable energy, maritime, aerospace and more. The Group's renewable energy portfolio encompasses approximately 3.5 gigawatts (GW) of projects owned, developed, or pending development in 10 countries, including solar, wind, battery storage, and waste-to energy projects. This is the second partnership with an indigenous community led by a Libra Group subsidiary. "Libra Group is proud of this novel partnership, which has come together through shared values and a commitment to driving economic growth and positive outcomes for communities," said Libra Group's CEO Manos Kouligkas. "Sustainability is core to our global business, and we look forward to continuing to leverage synergies across our six sectors in 60 countries with agility and impact." Last year, GSI acquired Saturn Power Inc.'s solar and battery development portfolios, including its team of seasoned developers and an approximate 1.4-gigawatt (GW) pipeline of early- to late-stage solar and energy storage projects. Today, GSI has a footprint across Canada and in 12 U.S. states. About Greenwood Sustainable Infrastructure Greenwood Sustainable Infrastructure (GSI) is one of the clean energy subsidiaries of Libra Group. GSI is a renewable energy company focused on the development, construction, and operation of distributed generation and utility-scale solar energy and battery storage projects in North America. As of January 2024, the company developed approximately 388 MW DC across 71 renewable energy projects, many of which are still owned or operated by GSI and have an additional project pipeline of 1.6 GW. GSI's seasoned team has a proven track record of investing in power assets and partnering with multiple top-tiered investors. For more information on Greenwood Sustainable Infrastructure (GSI), visit: http://www.greenwoodinfra.com/ About Ocean Man First Nation The Ocean Man First Nation is a Nakota, Cree, and Saulteaux Band Government in southeast Saskatchewan. OMFN is led by Chief Connie Big Eagle & Council and features a population of 565 members. Ocean Man First Nation created a renewable energy company in 2019 called Second Wind Power. The name Second Wind Power reflects Ocean Man First Nation's history of relocating, re-establishing and starting over as a new community since 1989. About Libra Group Libra Group is a privately owned, global business group encompassing 20 businesses predominately focused on aerospace, renewable energy, maritime, real estate, hospitality, and diversified investments. With assets and operations in nearly 60 countries, the Group applies the strength of its global network and capabilities to deliver cross-sector insights and growth at scale.

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Energy

ACE Green completes successful handover of emissions-free lead recycling facility to ACME

PR Newswire | January 16, 2024

ACE Green Recycling (ACE) has successfully delivered the first of three phases of its proprietary zero-emissions modular lead battery recycling technology to ACME Metal Enterprise's facility in Keelung City, Taiwan. As part of the agreement, ACE will provide equipment and proprietary chemicals to enable ACME to produce "GreenLead™" in a safe, sustainable and economical way. This marks the second successful deployment of ACE's pioneering lead battery recycling technology. ACME is Taiwan's leading lead recycler, with over 40 years of successful operation. Through its partnership with ACE, ACME will become one of the largest producers of emissions-free lead, with a capacity to recycle 20,000 metric tonnes per year of lead batteries to produce about 12,000 metric tonnes of environmentally friendly "GreenLead™", generating nearly USD 24 million in annual revenue for the Taiwanese company. Of the deal, Linus P. Lu, Managing Director of ACME, said: "We are excited and pleased to have successfully completed the installation of ACE's lead battery recycling technology at our facility. This marks an important milestone for ACME as we build our capacity to provide sustainable lead recycling capabilities – not just for our company but for the entire lead battery ecosystem as well." Lead batteries are a key element in the automotive and telecoms industries, while also playing a crucial role in the energy transition for renewable power storage. Traditionally, lead batteries are recycled via a smelting process which involves operating temperatures of over 1,000°C, producing significant greenhouse gas (GHG) emissions, plus toxic solid waste that must go to landfill. ACE's room temperature recycling technology replaces the smelting furnace, is electrically powered, has zero Scope 1 GHG emissions and reduces solid waste by over 85%. The process will greatly enhance ACME's profitability and minimize their operator and environmental risks. Phase I of the agreement for 2,400 metric tons per annum was successfully handed over to ACME in December 2023, with Phases II and III to increase annual capacity to around 20,000 metric tonnes, which will proceed later this year. During the 10-year contractual duration of 10 years, these facilities will enable the recycling of over 14 million scrap batteries. This will prevent the emission of nearly 120 million kilograms of CO2e, stop 18 million kilograms of solid waste from going into landfill and enable recycling of more than 14 million kilograms of plastics, while providing high-paying, sustainable green jobs for the community. This collaboration with ACME demonstrates ACE's deep commitment to the battery market. Sales of GreenLead™ from ACME's facility will reach the key markets of Taiwan and Japan, including leading battery OEMs across Asia. "It is our goal as a battery recycling technology platform to provide all players in the ecosystem a way to meet not just their commercial goals but their environmental ones as well," said ACE Green CEO Nishchay Chadha. "We develop our carbon-free recycling technologies to meet the industry's global aspirations to be responsible stakeholders in the mission of meeting net-zero targets." Lead batteries remain an essential component of global electrification. By successfully deploying its green solutions, ACE will continue to support and champion the lead industry and provide not just a profitable solution, but a sustainable one for all secondary lead producers. ACE is a market leader in both lead and lithium-ion battery recycling technologies and is partnering with companies worldwide to help them set up environmentally friendly battery recycling facilities. The company has a team of over 70 people and is dual headquartered in the US and Singapore. Forward-Looking Statements This document contains certain forward-looking statements regarding ACE's technological capabilities and future business aspirations. All statements are based upon current ACE expectations and involve a number of business and technical risks and uncertainties that could cause actual results to differ materially from anticipated results described, implied or projected in any forward-looking statement, including, without limitation, regulatory approvals, unexpected changes in technologies, uncertainties inherent in technological development, scaling and roll out, intellectual property protection, and sources and availability of third-party financing.

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Energy

Eletopia Revolutionizes Energy Storage Solutions in the US

PR Newswire | January 15, 2024

Eletopia, a leading provider of smart energy storage solutions, is transforming the energy storage market with innovative technology. Integrating advanced battery management, energy conversion, and intelligent energy operation, Eletopia offers comprehensive solutions, redefining home energy management. In an era prioritizing energy reliability and sustainability, Eletopia's whole-house backup power solution will impact the power plans for U.S. homeowners. Providing security during outages, the H2 series Hybrid Inverter efficiently convert solar energy during low consumption periods. Through the B2 series High Voltage Battery and the mobile storage unit S36 series Portable Power Station, they stored electricity ensures uninterrupted power for essential household appliances, electronics, and systems. Eletopia's Smart Backup Unit (SBU) seamlessly switches between solar, grid, and generator power sources, ensuring continuous functionality. Eletopia's solution guarantees reliable backup power, keeping households operational. At the core of Eletopia's offering is the All-in-one Smart Energy Management System (EMS), empowering homeowners with complete control of their energy usage. Offering features like power station monitoring, AI diagnostics, AI Saving, and more, this system provides efficient energy management for every home. Eletopia prioritizes safety, efficiency, and profitability. Their solutions integrate power generation, energy storage, consumption, and operational services, amplifying the value of energy storage. Leveraging advanced battery management, energy conversion, and smart storage technology, Eletopia enables homeowners to optimize resources for a greener, sustainable future. Eletopia credits its success to a diverse team of American and global experts in the energy sector. From battery technologists to marketing specialists, their collective expertise ensures cutting-edge solutions tailored for American homeowners. Beyond innovation, Eletopia focuses on customer-centricity. Collaborating closely with clients, they address specific requirements, ensuring project success and seamless operation. This commitment, coupled with exceptional service, has established Eletopia as a trusted industry partner. About Eletopia: Eletopia specializes in comprehensive, smart energy storage solutions merging power generation, energy storage, consumption, and operational services. Our suite of cutting-edge technologies—advanced battery management, energy conversion, equipment integration, smart storage management, and operational expertise—aims to increase the value of energy storage. Committed to becoming a global leader, we serve partners and end-users seeking professional, innovative brands in smart energy management.

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Energy

Greenwood Sustainable Infrastructure (GSI)-Led Joint Initiative with Ocean Man First Nation to Build One of the Largest Solar Projects in Canada

PR Newswire | January 25, 2024

Greenwood Sustainable Infrastructure LLC (GSI), one of the renewable energy subsidiaries of Libra Group, announced that Iyuhána Solar (Iyuhána), a GSI-led partnership with Saturn Power Inc. and Ocean Man First Nation, has been awarded a Power Purchase Agreement (PPA) to construct and operate a 100-megawatt (MWac) utility-scale solar facility in Saskatchewan, Canada. Developed in partnership with Ocean Man First Nation, the project will be one of Canada's top 10 solar facilities by size. Under an exclusive PPA, the largest with a utility in Canada since 2015, Iyuhána plans to invest approximately $200 million (CDN) to construct the solar facility, which it will operate, supplying generated power to the principal municipal utility company, SaskPower, for 25 years. Located in the Rural Municipality of Estevan in southeast Saskatchewan, this emissions-free solar facility will produce enough power for the equivalent of approximately 25,000 homes. "We are proud to bring the transformative power of solar energy to Saskatchewan by working with partners such as Ocean Man First Nation," said Mazen Turk, CEO of GSI. "This unique collaboration shows the power of renewable energy to harness resources and empower communities responsibly. This work is core to our ethos as a Libra company, and we look forward to continuing to help support a clean energy future across Canada and beyond." As a founding partner, Ocean Man First Nation will have an ownership stake in Iyuhána Solar. Band members will also receive specialized training to maintain the solar facilities and employment opportunities with the project. Additionally, partnering with two of Saskatchewan's leading post-secondary academic institutions, Iyuhána will provide scholarships, internships, and direct research projects in clean energy to benefit the community. "Our partnership with GSI and SaskPower will bring great opportunities for Ocean Man First Nation, including employment and revenue that will provide stability and sustainability for our Band," said Chief Connie Big Eagle, Ocean Man First Nation. "We are proud that this project, which is able to generate clean power, will be known as Iyuhána Solar, which, in Nakotah translates to 'everyone' or 'all of us.' This is derived from our Nakotah belief that everyone and everything is related and therefore we must care for each other." While investment in renewable energy grows across Canada, Saskatchewan's clean power supply mix has predominantly consisted of hydro and wind. This is the first of many planned solar projects in the province; by 2035, SaskPower plans to support approximately 3000 MW of new renewable energy capacity in the region. "This new solar facility will play an important role in our path to net-zero by 2050 or sooner," said Rupen Pandya, SaskPower President and CEO. "We are proud of our ongoing collaboration with Indigenous peoples and the critical role they are playing in the successful expansion of renewable energy in our province." GSI is one of four renewable energy subsidiaries of Libra Group, a privately owned, global business group that encompasses 20 businesses in six sectors, including renewable energy, maritime, aerospace and more. The Group's renewable energy portfolio encompasses approximately 3.5 gigawatts (GW) of projects owned, developed, or pending development in 10 countries, including solar, wind, battery storage, and waste-to energy projects. This is the second partnership with an indigenous community led by a Libra Group subsidiary. "Libra Group is proud of this novel partnership, which has come together through shared values and a commitment to driving economic growth and positive outcomes for communities," said Libra Group's CEO Manos Kouligkas. "Sustainability is core to our global business, and we look forward to continuing to leverage synergies across our six sectors in 60 countries with agility and impact." Last year, GSI acquired Saturn Power Inc.'s solar and battery development portfolios, including its team of seasoned developers and an approximate 1.4-gigawatt (GW) pipeline of early- to late-stage solar and energy storage projects. Today, GSI has a footprint across Canada and in 12 U.S. states. About Greenwood Sustainable Infrastructure Greenwood Sustainable Infrastructure (GSI) is one of the clean energy subsidiaries of Libra Group. GSI is a renewable energy company focused on the development, construction, and operation of distributed generation and utility-scale solar energy and battery storage projects in North America. As of January 2024, the company developed approximately 388 MW DC across 71 renewable energy projects, many of which are still owned or operated by GSI and have an additional project pipeline of 1.6 GW. GSI's seasoned team has a proven track record of investing in power assets and partnering with multiple top-tiered investors. For more information on Greenwood Sustainable Infrastructure (GSI), visit: http://www.greenwoodinfra.com/ About Ocean Man First Nation The Ocean Man First Nation is a Nakota, Cree, and Saulteaux Band Government in southeast Saskatchewan. OMFN is led by Chief Connie Big Eagle & Council and features a population of 565 members. Ocean Man First Nation created a renewable energy company in 2019 called Second Wind Power. The name Second Wind Power reflects Ocean Man First Nation's history of relocating, re-establishing and starting over as a new community since 1989. About Libra Group Libra Group is a privately owned, global business group encompassing 20 businesses predominately focused on aerospace, renewable energy, maritime, real estate, hospitality, and diversified investments. With assets and operations in nearly 60 countries, the Group applies the strength of its global network and capabilities to deliver cross-sector insights and growth at scale.

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Energy

ACE Green completes successful handover of emissions-free lead recycling facility to ACME

PR Newswire | January 16, 2024

ACE Green Recycling (ACE) has successfully delivered the first of three phases of its proprietary zero-emissions modular lead battery recycling technology to ACME Metal Enterprise's facility in Keelung City, Taiwan. As part of the agreement, ACE will provide equipment and proprietary chemicals to enable ACME to produce "GreenLead™" in a safe, sustainable and economical way. This marks the second successful deployment of ACE's pioneering lead battery recycling technology. ACME is Taiwan's leading lead recycler, with over 40 years of successful operation. Through its partnership with ACE, ACME will become one of the largest producers of emissions-free lead, with a capacity to recycle 20,000 metric tonnes per year of lead batteries to produce about 12,000 metric tonnes of environmentally friendly "GreenLead™", generating nearly USD 24 million in annual revenue for the Taiwanese company. Of the deal, Linus P. Lu, Managing Director of ACME, said: "We are excited and pleased to have successfully completed the installation of ACE's lead battery recycling technology at our facility. This marks an important milestone for ACME as we build our capacity to provide sustainable lead recycling capabilities – not just for our company but for the entire lead battery ecosystem as well." Lead batteries are a key element in the automotive and telecoms industries, while also playing a crucial role in the energy transition for renewable power storage. Traditionally, lead batteries are recycled via a smelting process which involves operating temperatures of over 1,000°C, producing significant greenhouse gas (GHG) emissions, plus toxic solid waste that must go to landfill. ACE's room temperature recycling technology replaces the smelting furnace, is electrically powered, has zero Scope 1 GHG emissions and reduces solid waste by over 85%. The process will greatly enhance ACME's profitability and minimize their operator and environmental risks. Phase I of the agreement for 2,400 metric tons per annum was successfully handed over to ACME in December 2023, with Phases II and III to increase annual capacity to around 20,000 metric tonnes, which will proceed later this year. During the 10-year contractual duration of 10 years, these facilities will enable the recycling of over 14 million scrap batteries. This will prevent the emission of nearly 120 million kilograms of CO2e, stop 18 million kilograms of solid waste from going into landfill and enable recycling of more than 14 million kilograms of plastics, while providing high-paying, sustainable green jobs for the community. This collaboration with ACME demonstrates ACE's deep commitment to the battery market. Sales of GreenLead™ from ACME's facility will reach the key markets of Taiwan and Japan, including leading battery OEMs across Asia. "It is our goal as a battery recycling technology platform to provide all players in the ecosystem a way to meet not just their commercial goals but their environmental ones as well," said ACE Green CEO Nishchay Chadha. "We develop our carbon-free recycling technologies to meet the industry's global aspirations to be responsible stakeholders in the mission of meeting net-zero targets." Lead batteries remain an essential component of global electrification. By successfully deploying its green solutions, ACE will continue to support and champion the lead industry and provide not just a profitable solution, but a sustainable one for all secondary lead producers. ACE is a market leader in both lead and lithium-ion battery recycling technologies and is partnering with companies worldwide to help them set up environmentally friendly battery recycling facilities. The company has a team of over 70 people and is dual headquartered in the US and Singapore. Forward-Looking Statements This document contains certain forward-looking statements regarding ACE's technological capabilities and future business aspirations. All statements are based upon current ACE expectations and involve a number of business and technical risks and uncertainties that could cause actual results to differ materially from anticipated results described, implied or projected in any forward-looking statement, including, without limitation, regulatory approvals, unexpected changes in technologies, uncertainties inherent in technological development, scaling and roll out, intellectual property protection, and sources and availability of third-party financing.

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Energy

Eletopia Revolutionizes Energy Storage Solutions in the US

PR Newswire | January 15, 2024

Eletopia, a leading provider of smart energy storage solutions, is transforming the energy storage market with innovative technology. Integrating advanced battery management, energy conversion, and intelligent energy operation, Eletopia offers comprehensive solutions, redefining home energy management. In an era prioritizing energy reliability and sustainability, Eletopia's whole-house backup power solution will impact the power plans for U.S. homeowners. Providing security during outages, the H2 series Hybrid Inverter efficiently convert solar energy during low consumption periods. Through the B2 series High Voltage Battery and the mobile storage unit S36 series Portable Power Station, they stored electricity ensures uninterrupted power for essential household appliances, electronics, and systems. Eletopia's Smart Backup Unit (SBU) seamlessly switches between solar, grid, and generator power sources, ensuring continuous functionality. Eletopia's solution guarantees reliable backup power, keeping households operational. At the core of Eletopia's offering is the All-in-one Smart Energy Management System (EMS), empowering homeowners with complete control of their energy usage. Offering features like power station monitoring, AI diagnostics, AI Saving, and more, this system provides efficient energy management for every home. Eletopia prioritizes safety, efficiency, and profitability. Their solutions integrate power generation, energy storage, consumption, and operational services, amplifying the value of energy storage. Leveraging advanced battery management, energy conversion, and smart storage technology, Eletopia enables homeowners to optimize resources for a greener, sustainable future. Eletopia credits its success to a diverse team of American and global experts in the energy sector. From battery technologists to marketing specialists, their collective expertise ensures cutting-edge solutions tailored for American homeowners. Beyond innovation, Eletopia focuses on customer-centricity. Collaborating closely with clients, they address specific requirements, ensuring project success and seamless operation. This commitment, coupled with exceptional service, has established Eletopia as a trusted industry partner. About Eletopia: Eletopia specializes in comprehensive, smart energy storage solutions merging power generation, energy storage, consumption, and operational services. Our suite of cutting-edge technologies—advanced battery management, energy conversion, equipment integration, smart storage management, and operational expertise—aims to increase the value of energy storage. Committed to becoming a global leader, we serve partners and end-users seeking professional, innovative brands in smart energy management.

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