NuGreen Solutions

Energy, Industry Updates

BorgWarner | August 04, 2022

Headquartered in San Diego, California, Rhombus offers V2G and Underwriters Laboratory-certified charging. Rhombus supplies its patented technology to EV OEMs, including Proterra, and charging and grid service providers. The transaction has an enterprise value of up to $185 million, which is being funded primarily with cash balances. Approximately $130 million was delivered at closing and up to $55 million could be paid in the form of contingent payments over the next 3 years.
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Transportation

Business Wire | September 29, 2023

Phoenix, Arizona-based, Knight Transportation, Inc.part of Knight-Swift Transportation Holdings Inc. and the industry's largest full truckload company, has been successfully testing Cummins new X15N natural gas engine in Southern California – realizing NOx and greenhouse gas reductions without compromise to performance. The truck is fueled exclusively with Clean Energy Fuels Cor...

Energy

Pattern Energy | May 25, 2021

Pattern Energy Group LP and international energy company Uniper today announced they need to sign a 15-year power purchase agreement for up to 219,000 MWh per year of wind energy in New Mexico, enough to power quite 20,000 homes annually. the facility is going to be delivered from Pattern Energy's 1,050 MW Western Spirit Wind project, which is currently under construction in New Mexico and represents the most important single-phase renewable power build-out in U.S. history. Western Spirit Wi...

Energy

PR Newswire | October 26, 2023

The U.S. General Services Administration (GSA) announced a new Memorandum of Understanding (MOU) between GSA and Southern Company to develop carbon pollution-free electricity (CFE) options for federal facilities in Southern Company's service territories. The MOU documents the intent of GSA and Southern Company to collaborate on development of a roadmap that, when executed, will lead to ...