Scout Clean Energy | March 15, 2023
Scout Clean Energy (Scout), a renewable energy developer-owner-operator, has recently announced its acceptance of the final delivery of GE Renewable Energy (GE) company's onshore wind turbines for its Sweetland Wind Project (Sweetland) in Hand County, South Dakota.
Scout is owner and responsible for the operations of this project. It plans to install about 71 of GE's 2.8-127 wind turbines. Sweetland will produce over 903,500-megawatt hours of low-cost renewable power annually. As a result, the project would offset approximately 615,000 tons of carbon emissions per year. It would power about 82,100 homes with carbonless electricity as an estimation. The American Clean Power Association (ACPA) has recognized GE's 2.8-127 turbine series as America's most widely deployed turbine. It has selected Blattner Energy as the Balance of Plant (BOP) Contractor. The project would generate huge revenue, temporary construction jobs and permanent full-time positions.
CEO and Founder of Scout Clean Energy, Michael Rucker said, "We are pleased to have received the on-time delivery of the 71 of the latest GE wind turbines for Sweetland Wind Farm," He added, "The final delivery allows for our Sweetland project to begin full construction shortly, and when commissioned later this year will add to Scout's growing contribution of carbon free, renewable energy to South Dakota."
(Source – Cision PR Newswire)
CEO of GE's Onshore Wind, Vic Abate said, "GE is proud to complete the on-time deliveries of our workhorse 2.8-127 turbines to Sweetland Wind Farm." He added, "With more than 300 million operating hours and best in industry power performance, our fleet of 2MW turbines are helping to deliver cost effective and reliable renewable energy to the regions that need it most. Scout Clean Energy is an important partner as we work to deliver on the energy transition together."
(Source – Cision PR Newswire)
About Scout Clean Energy
Headquartered in Boulder, Colorado, Scout Clean Energy, a renewable energy semiconductor manufacturing company, provides services for wind project development, energy resource assessment, transmission interconnection, project finance, wind energy real estate and title, solar project development, and wind facility operation. It is a renewable energy developer and owner-operator with approximately 1,200 MW operating wind assets, of which about 400 MW for third parties and over 22,000 MW wind, solar and energy storage projects with almost 2,500 MW projects which are under construction and advanced-stage. In addition, it assists in various aspects of renewables like project development, permitting, power marketing, asset management, operations, and finance.
BlueWave | March 20, 2023
BlueWave Solar, a leading solar and battery storage developer in the Northeast U.S., recently announced an official name change to BlueWave, heralding expansive growth beyond solar development into additional areas of the clean energy space. BlueWave's expertise and suite of capabilities now encompasses the development, engineering, construction and ownership of solar, solar plus storage, and standalone battery storage projects.
The name change, while subtle, marks a significant next phase of growth, fueled by resources and funding from its new parent company, Axium Infrastructure, an infrastructure investment management firm with a deep North American renewables portfolio. The 100% stake acquisition, completed in May 2022, has allowed BlueWave to expand its leadership in innovative solar development and grow into the long-term asset ownership of its development pipeline and also expansion into battery storage, both coupled with solar and as standalone assets.
"We are on a journey to transform access to renewable energy and strive to develop and build the most effective systems to make that possible," Trevor Hardy, CEO and Co-Founder of BlueWave noted. "Our capabilities now go beyond solar development, and we are better poised to address and innovate how energy is stored and transmitted, ultimately creating greater access. Increasing battery storage on the U.S. electric grid is absolutely critical in order to achieve our nation's economic and climate goals. We welcome this next chapter for our team as we continue to push the boundaries of a clean energy future."
Battery storage is an integral part of renewable deployment—it is critical to the effectiveness of clean energy initiatives and vital to the stabilization and integration of renewables to the existing grid. Battery storage enables further decarbonization of the utility grid by allowing solar and wind energy to contribute to the available electricity supply, even when the sun isn't shining or the wind isn't blowing, by storing and then releasing energy when it's needed most. BlueWave committed to pursuing battery storage development in 2021 and is proud to bring its thoughtful approach to development and energy expertise to the deployment of both distribution and transmission scale battery storage assets.
BlueWave is in the early stages of battery storage development within multiple states that have battery storage policies in place including Maine, Massachusetts, and New York, and has been working with local municipalities and state policy makers to best understand and meet storage needs on a local, state and regional basis. The potential community benefits from battery storage are substantial, including local revenue to landowners, improved grid reliability during summer peaks, a cleaner environment that is free of fossil fuels and robust job growth in the burgeoning cleantech economy.
"Battery storage is an essential part of the conversation that cannot be ignored as we seek to decarbonize the electric grid," said Mike Marsch, Chief Development Officer of BlueWave. "Given our proven success with solar development and ability to work collaboratively with local communities and state policymakers to achieve outcomes benefiting all involved, we believe that our added battery storage capabilities will contribute immensely to our overall positive impact on the world. We seek to support our communities by enhancing grid reliability while also facilitating much needed climate policy guidance across multiple states."
BlueWave's vision is to protect our planet by transforming access to renewable energy. As a pioneering renewable energy company that develops and owns solar and battery storage projects, BlueWave has developed and built more than 150 MW of solar projects to date and is actively developing battery storage projects to ensure our grid is reliable and efficient in a clean energy future. As built, these projects collectively generate enough solar energy to avoid more than 144,000 metric tons of carbon emissions annually.
Octopus Energy | March 17, 2023
Octopus Energy, the UK’s third largest energy retailer, has announced plans to invest €1 billion in the French green energy market over the next two years.
The investment will be used to accelerate the energy transition in France and generate enough local green power to supply 300,000 households.
Building on its investments already made in France, the company is launching a new European tech hub in Paris through its subsidiary Kraken. The new hub will create hundreds of clean energy jobs and support millions of customers across the continent.
Octopus Energy first entered the French market in January 2022 with its acquisition of French energy supplier Plüm énergie. The company is now targeting 1 million customers by 2026 in France.
While offering better customer service and bringing down prices, Octopus Energy France is also helping and rewarding French households to lower their energy consumption through innovative products. The company's customers already use 10% less energy than the average French household, and Octopus is committed to continue innovating to help French consumers use less, but stay warm.
Announcing the plans at the 36th Franco-British Summit, chaired by Prime Minister Rishi Sunak and French President Emmanuel Macron in Paris today, Octopus Energy CEO and Founder, Greg Jackson, commented: “Octopus operates across 10 European countries, and today we’re delighted to announce a huge increase in our cooperation with France.
We’re planning to invest an extra billion Euros in French generation - but we’re also going to make Paris our EU technology hub. This is testament to the mutual commitment to investing in a clean energy system, and pioneering the digitisation which will drive costs down alongside carbon.”
Vincent Maillard, CEO of Octopus Energy France, commented: “We are very proud to see Octopus Energy's role in France's energy transition recognized at the highest level of the French government.
In doing so, the group combines retail energy expertise, major investments in renewable generation and cutting-edge technology to unlock innovative tariffs and deliver an outstanding customer experience to French households."
About Octopus Energy Group
Octopus Energy Group is a global energy tech pioneer, launched in 2016 to use technology to unlock a customer focused and affordable green energy revolution. It is part of Octopus Group, which is a certified BCorp. With operations in 14 countries, Octopus Energy Group's mission is going global.
Octopus’s domestic energy arm already serves 3.4 million customers with cheaper greener power, through Octopus Energy, Affect Energy, Ebico, London Power and Co-op Energy. In December 2022, it was announced that Octopus would also take on the 1.5 million customers of failed supplier Bulb Energy. Octopus Electric Vehicles is helping make clean transport cheaper and easier, and Octopus Energy Services is bringing smart products to thousands of homes. Octopus Energy Generation is one of Europe’s largest investors in renewable energy, managing a £4bn portfolio of renewable energy assets throughout the continent.
All of these are made possible by Octopus’s tech arm, Kraken Technologies, which offers a proprietary, in-house platform based on advanced data and machine learning capabilities, Kraken automates much of the energy supply chain to allow outstanding service and efficiency as the world transitions to a decentralized, decarbonized energy system. This technology has been licensed to support over 20 million customer accounts worldwide, through deals with EDF Energy, Good Energy, E.ON energy and Origin Energy.
In December 2021, Octopus Energy Group was valued at approximately $5 billion following a $600 million investment from Generation Investment Management and a $300 million investment from Canada Pensions Plan Investments Board. Both investors back businesses that drive sustainability, promote green energy and tackle climate change. It was the company’s third major investment round since launching to the market.