AYO Energy Solutions

Tesla | February 26, 2020

Tesla and Panasonic are scrapping their partnership in producing solar cells after years of struggling to ramp up output at the Gigafactory 2 in upstate New York. The companies intend to continue working together on automotive batteries for Tesla's electric vehicles. But the latest decision poses yet another setback in their strained relationship, which had once been considered a key component to Panasonic's turnaround. Tesla and Panasonic announced their joint venture on solar cells in 2016. Th...

SOLAR+STORAGE

Hydro Rein | May 04, 2022

Hydro Rein, Atlas Renewable Energy and ALBRAS are in the process of forming a joint venture to design, build and operate a self-generation project through a solar power plant, which will be located in Paracatú , in the state of Minas Gerais, Brazil, which will have a planned total installed capacity of 438 MW. The project will provide long-term renewable energy to the primary aluminum plant in Albras. Hydro Rein and Atlas Renewable Energy are in the process of forming a joi...

ENERGY

Nucor Corporation | March 25, 2021

Nucor Corporation today announced the signing of a 10-year Virtual Power Purchase Agreement (VPPA) with Ørsted Onshore North America, LLC for 100 megawatts from Ørsted's Western Trail wind farm (WTW) in North Texas. This is Nucor's second VPPA agreement. Nucor signed a VPPA with EDFR Renewables North America last year to be the sole off-taker for EDFR's 250-megawatt Brazos Fork solar power plant, also in Texas. Nucor's VPPA with Ørsted's WTW initiative co...

SUSTAINABILITY

Cummins Inc. | June 29, 2022

Cummins Inc. (NYSE: CMI), a global power technology leader and Komatsu Ltd., a global provider of equipment and services for the construction and mining industries, have signed a memorandum of understanding to collaborate on the development of zero-emissions haulage equipment. Building on a legacy of diesel engine partnership across a wide variety of mining and construction equipment, Cummins and Komatsu will initially focus on zero emissions power technologies including hydrogen fuel cell solut...