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.
STRATEGY AND BEST PRACTICES, ENERGY
FlexGen | January 19, 2023
On January 17, 2023, FlexGen Power Systems, Inc., a top battery energy storage solution and software technology provider, announced its selection for providing energy storage software and technology for 420MW of energy storage across four locations in California to Middle River Power. The energy storage projects are located along the current simple cycle natural gas peaking plants and will have interconnected facilities.
Collocation of the natural gas peaking facilities with battery storage will significantly decrease greenhouse gas emissions while maintaining reliable and flexible reserve capacity. The battery facilities will be utilized to store excess carbon-free power during the day and discharge it in the evening when it is most needed, improving the use of these valuable renewable resources and providing critical ancillary services to the market. Additionally, the gas turbines will dispatch significantly less frequently than they do currently, which will result in reduced emissions, and it will continue to be available even in challenging circumstances.
FlexGen is committed to providing its customers with best-in-class service and performance to its customers who are seeking to ensure safety, resilience, and reliability in any setting where it operates. FlexGen's top HybridOS energy management system platform provides the full stack of energy storage value, which includes capacity, ancillary services, and energy market trading. The Middle River Power projects add to Flexgen's fast-growing fleet of energy storage assets, which are in use throughout the US with Investor-Owned Utilities, Independent Power Producers, and Municipal and Cooperative Utilities.
Mark Kubow, President of Middle River Power, said, "We're thrilled to work with FlexGen to bring these innovative projects to fruition, integrating additional renewable energy while enhancing a resilient grid. The energy storage assets store abundant solar energy in the middle of the day then deploy that energy to the grid during evening peak hours, while maintaining our natural gas facilities as a flexible, reliable backstop." He added, "We are excited to introduce our first tranche of projects that takes such a meaningful step in helping California in the transition to more renewable resources."
(Source: PR Newswire)
About FlexGen Systems Inc.
Founded in 2009, FlexGen Systems Inc. is one of the best-integrated energy storage solutions providers in the United States and globally, based in Durham, North Carolina. FlexGen integrates and designs software platforms and storage solutions, facilitating the current energy transition. The company integrates utility-scale storage projects with conventional and renewable forms of power generation worldwide using its cutting-edge energy management software and power electronics. The world's most technically and commercially demanding developers, government agencies, utilities, and industrial giants are among its clients and partners.
Stem | February 02, 2023
Stem, a global leader in AI-driven sustainable energy solutions and services, recently announced its combined eMobility offering with ChargePoint Holdings, Inc., a major EV charging network. The two companies are collaborating to enable EV charging station owners, developers, and operators to achieve economic, environmental, and resilience benefits.
The joint offering will aid asset holders with state and federal procedures for securing National Electric Vehicle Infrastructure (NEVI) Program funding incentive and the high energy demand EV charging sites to increase operational savings and backup power. In addition, the integration will reduce costs, increase resilience, minimize greenhouse gas (GHG) emissions, facilitate data sharing, and improve user experience.
CEO of Stem John Carrington said, “Stem is excited to partner with ChargePoint to help customers quickly design, develop, and operate cost-effective EV charging infrastructure projects that deliver real value. Electrification of transportation is creating a new load category that is expected to equal one-third of all U.S. electrical load. For Stem, eMobility is expected to represent approximately 50% of our behind-the-meter activity in three years, representing a multi-billion opportunity with our Fortune 500 customers.”
(Source – Business Wire)
Pasquale Romano, CEO of ChargePoint, stated, “An integrated ChargePoint and Stem solution broadens the number of sites that can support high-speed charging economically at scale.”
(Source – Business Wire)
As the first public pure-play smart energy storage company, Stem delivers and runs battery storage solutions that maximize renewable energy generation and construct a cleaner, more resilient grid. Project developers, utilities, Fortune 500 corporations, and independent power producers are its clientele. Stem's Athena software is used by the largest network of distributed energy storage systems in the world to lower energy prices and make renewable energy less unpredictable.