STRATEGY AND BEST PRACTICES,INDUSTRY UPDATES
Stem | November 04, 2022
Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced that Frost & Sullivan ranked Stem as the Leader in Innovation in the Frost Radar™: Digital Platforms for Renewable Energy and Battery Storage Optimization and Trading report. The report attributed Stem’s ranking to the combination of Athena, Stem’s clean energy optimization platform, PowerTrack, its industry-leading solar monitor and controls application, and the company’s expertise in front-of-the-meter (FTM) technology and optimization.“Stem is a notable pioneer in BTM analytics and asset optimization and leveraged its expertise, credibility, and AI platform, Athena, to enter the FTM market in 2019. Its cloud-native SaaS platform leverages AI and continuous machine learning with fully automated model selection to constantly improve the results of its optimization, forecasting and automated energy trading. Stem’s team of energy specialists supports the entire value chain and provides insights on how projects can capture more returns given market dynamics across jurisdictions. With a continued focus on product leadership and customer value, Stem is well positioned to continue consolidating its FTM market leadership position, reported Frost & Sullivan.
Frost & Sullivan forecasts global grid-scale battery storage systems to expand rapidly in the coming years, reaching 260 gigawatts (GW) by 2030 at a compound annual growth rate of 34% from 2021. As the energy transition advances and power generation portfolios and market rules become more sophisticated, customers are expected to increasingly require machine-driven forecasting and optimization and trading algorithms to maximize revenues, reduce carbon impacts, and provide energy resilience.
“Stem is honored to be recognized as an Innovation Leader by Frost & Sullivan, a leading global research and growth consulting firm — a testament to the decade of work Stem has invested in delivering optimized operational and economic value to our customers, With dozens of gigawatts of renewable energy assets under management in more than 50 countries worldwide, Stem has the expertise to continuously monitor evolving market needs and the data to translate that into value-added solutions for our customers’ clean energy assets and portfolios.”
-Larsh Johnson, Chief Technology Officer at Stem.
For the report, Frost & Sullivan independently evaluated Stem as a “market powerhouse” along with 10 other companies offering battery storage and renewable energy trading and optimization services. Per Frost & Sullivan, the companies evaluated exhibit a genuine commitment to decarbonization by unlocking the untapped value of battery storage and helping accelerate the energy transition. The report’s Innovation Index specifically measured a company’s ability to develop products, services, or solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets, and are aligned to customers’ changing needs. The report can be accessed at https://www.stem.com/frost-sullivan-radar-report/.
Stem (NYSE: STEM) provides clean energy solutions and services designed to maximize the economic, environmental, and resiliency value of energy assets and portfolios. Stem’s leading AI-driven enterprise software platform, Athena®, enables organizations to deploy and unlock value from clean energy assets at scale. Powerful applications, including AlsoEnergy’s PowerTrack, simplify and optimize asset management and connect an ecosystem of owners, developers, assets, and markets. Stem also offers integrated partner solutions to help improve returns across energy projects, including storage, solar, and EV fleet charging. For more information, visit www.stem.com.
STRATEGY AND BEST PRACTICES,ENERGY
Enphase Energy, Inc | December 01, 2022
Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced the launch of IQ8™ Microinverters in France and the Netherlands, marking the first expansion into international markets for the product since its successful launch in North America late last year.
IQ8 Microinverters are the smartest, most powerful microinverters yet for Enphase, with a 97.2 percent efficiency score based on European Union efficiency standards. IQ8 Microinverters are designed to match the latest generation of high output solar modules, delivering superior reliability, safety, and quality for residential solar systems. The IQ8 family of products offered in France and the Netherlands includes two types of software-defined microinverters, IQ8M™and IQ8+™, which feature a peak output AC power of 330VA and 300VA, respectively. The microinverters are designed to seamlessly pair with a full range of solar modules up to 480W DC and come with a 25-year limited warranty.
“We’re proud to have been selected by Enphase to install its first IQ8 Microinverters tested in France at our customers' homes, We choose this microinverter technology for our customers as they are interested in self-consumption, and it offers reliability and scalability, even for the most complex rooftop designs.”
-Giovanni Genco, director of operations at Libow, an Enphase Platinum level installer in France.
We’ve witnessed an impressive uptick in customer interest for Enphase’s industry leading products in the Netherlands, said Twan Geurts van Kessel, founder and co-owner of Solar Concept, an Enphase Gold level installer in the Netherlands. “IQ8 Microinverters will help us meet this demand as homeowners seek ways to power their homes with clean, affordable solar energy.
Enphase® microinverter systems integrate with the IQ™ Gateway, which when connected to the internet, connects Enphase-based solar systems to the Enphase® App monitoring platform and helps make per-panel energy monitoring and insights for operations and maintenance easy.
“We’re proud to work with Enphase to deliver best-in-class technology that unlocks more sustainable living for French homeowners, It’s clear that there is demand for high-performing and safe residential solar energy systems in France and, together with Enphase, we are diligently working to satisfy this demand with the IQ8 Microinverter.”
-Philippe Farce, managing director at Acape Energies, an Enphase Platinum level installer in France
For years, we’ve offered Enphase’s products to our customers, helping thousands of households across the Netherlands become more energy independent with industry-leading technology, said Jasper Klein, CEO at New Solar, an Enphase Gold level installer in the Netherlands. “IQ8 Microinverters open up new opportunities for even more reliable, higher-performing, and safer home solar generation at a time when consumers can benefit most.
We’re pleased to be working with world-class installers in France and the Netherlands, helping us meet the growing demand for clean, reliable, and affordable energy in Europe, said Dave Ranhoff, chief commercial officer at Enphase Energy. “As Enphase continues to expand in the European solar market, we will look to enable our growth with best-in-class technology like IQ8 Microinverters and a continued focus on superior customer service.
Enphase is rapidly expanding its presence in Europe. The company also launched the Enphase Installer Network in France and the Netherlands in 2022 and 2021 respectively, and announced that it will expand manufacturing capacity with its partner Flex in Romania beginning in 2023.
IQ8 Microinverter pilot installations began in France and the Netherlands in October with select installer partners. Enphase expects to start taking orders for IQ8 products and begin production shipments for distributor and installer partners in those countries immediately. For more information on Enphase Energy, visit the France website and the Netherlands website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped more than 52 million microinverters, and over 2.7 million Enphase-based systems have been deployed in more than 145 countries. For more information, visit https://www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.2022 Enphase Energy, Inc. All rights reserved. Enphase, the "e" logo, IQ, IQ8, IQ8M, IQ8+, IQ Gateway, Enphase App, and certain other names and marks are trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.
STRATEGY AND BEST PRACTICES,INDUSTRY UPDATES
Nestle Waters | November 23, 2022
In line with its supply chain decarbonization roadmap, Nestlé Waters will be the first company in Europe to benefit from the hydrogen fuel cell solution for massified rail freight, including renewable hydrogen supply, developed by Alstom and ENGIE. It is estimated that this project will reduce emissions by 10'000 tons of CO2 equivalent per year, in the long term, i.e. the reduction of 90% of its current emissions. This is the equivalent to the annual emissions of more than 30'000 round trips from Paris <> Nice by car.As a significant innovation, the new hydrogen solution will be developed from a high-powered fuel cell system that can power electric locomotives in non-electrified areas. This solution will be able to transport goods over long distances, on a national and European scale.
From 2025, this freight train powered by electricity from the rail network and from hydrogen in non-electrified sectors will aim to progressively ensure the transport of VITTEL® natural mineral water between the factory located in the Vosges and its various distribution centers in France (i.e Vittel/Arles 600 kms and Vittel/Montreuil-Bellay 760 kms). The dual-mode solution will be composed by a generator wagon incorporating a high-power fuel cell system powered by renewable hydrogen and a line-electric locomotive, all connected by an electrical power cable. The generating wagon will be able to supply the locomotive with electricity in the without the need for any catenary.
"At Nestlé Waters, we favour rail freight whenever possible. We are constantly looking for efficient solutions to reduce the carbon impact of our supply chain,"
-Sophie Dubois, Chief Executive Officer of Nestlé Waters in France.
We are very proud of this project as it represents a significant investment by our railway team to find innovative solutions to answer to climate and environmental challenge. This collaboration with Alstom and ENGIE will accelerate the development of a decarbonized/carbon-free supply chain, concluded Sophie Dubois.
An innovative decarbonization system developed by Alstom and ENGIE
Nestlé Waters will be the first company to benefit from the hydrogen fuel cell solution for rail freight, including renewable hydrogen supply, developed by Alstom and ENGIE under a partnership announced in April 2022.
This solution aims to replace the diesel-powered locomotives, currently used on most lines in France and most European countries.
The high-power hydrogen fuel cell system developed by Alstom will power electric locomotives in non-electrified areas and offer a 100% electric solution for rail freight, end-to-end, including to the first and last kilometers, which are rarely electrified.
This innovative solution will make it possible to carry out all freight journeys with the same electric locomotive, powered by the catenary on electrified main lines and by the hydrogen generator wagon in non-electrified areas.
In terms of performance, the solution will provide all the power of a catenary-based mainline electric locomotive and enough power with hydrogen energy to pull a freight train over non-electrified line segments.
ENGIE will supply the renewable hydrogen for this solution through the deployment of an innovative supply chain.
Alstom has been a pioneer in hydrogen trains by developing the first hydrogen train in commercial operation worldwide. said Marc Granger, Chief Strategy Officer of Alstom.
Our ambition is to accelerate the adoption of hydrogen in the rail industry and to develop innovative solutions for the greening of mass mobility, including rail freight. Therefore, we are looking forward to the first circulation of a freight locomotive powered by renewable hydrogen in 2025. To go further, this solution, which is more environmentally friendly and generates less noise than diesel, will make it possible to develop the modal share of rail freight by offering an end-to-end electric solution, a real alternative to freight transport.
Following the announcement of our partnership with Alstom to supply hydrogen to this new European rail decarbonization solution, Nestlé Waters becomes the first prime contractors for our offer, and the first future user of our solution. This is a key step in the development of this project. Hydrogen plays an essential role in the transition of industrial companies towards reducing their emissions, a dynamic in which ENGIE is fully involved.
Sébastien Arbola, Executive Vice President of ENGIE in charge of Thermal Generation, Hydrogen & Energy Supply activities.
Nestlé Waters puts rail as a strategic part of its carbon reduction roadmap
This project with Alstom and ENGIE is the latest for Nestlé Waters, which has long favored rail in its logistical approaches to minimize the environmental impact of transport, equivalent to a quarter of its carbon footprint. While for French industry, the share of rail freight represents on average 8% to 10% of the volumes transported, for Nestlé Waters in France, it represents nearly 45% of the volumes of the Vosges factory.
In 2018, Nestlé Waters joined the FRET21 approach and signed an agreement with the French Agency for Ecological Transition (Agence de la Transition Ecologique - ADEME) to take action to reduce the carbon footprint of its product transport flows in France. In 2020, the group set a further target of reducing its transport-related CO2 emissions in France by 13% by the end of 2022. This ambition is based on the following concrete actions:
In 2018, the opening of a railway line between its PERRIER® plant and the port of Fos-sur-Mer, reducing the passage of 27,000 trucks per year.
In 2019, the introduction of the EURODUAL hybrid locomotive, which has saved 1,920 tonnes of CO2 equivalent per year compared to a diesel locomotive.
In 2021, the Glass Train project, which promotes the transport of VITTEL® and S.PELLEGRINO® returnable glass bottles by train, reduces the passage of 1,000 trucks per year.
The initiatives led by Nestlé Waters since 2020 have already made it possible to reduce almost 11% of the carbon emissions from transport, or about 5'900 tons of CO2 equivalent by the end of 2021.
All these actions contribute to the Nestlé Group's ambition of zero net greenhouse gas emissions by 2050 at the global level.
About Nestlé Waters
Founded in 1992, Nestlé Waters, a subsidiary of the Nestlé Group, is a natural mineral water business. It is the national leader in the bottled water market in France with 8 brands such as VITTEL® HEPAR® and CONTREX®. Nestlé Waters is committed to healthy hydration, working with local stakeholders to protect water resources wherever it operates and reducing the environmental impact of its packaging on the environment.
We are a global reference group in low-carbon energy and services. Together with our 101'500 employees, customers, partners and stakeholders, we are committed every day to accelerating the transition to a carbon-neutral world through more energy-efficient and environmentally friendly solutions. Guided by our raison d'être, we reconcile economic performance with positive impact on people and the planet based on our core businesses (gas, renewable energies, services) to offer competitive solutions to our customers.
Turnover in 2021: €57.9 billion. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, Euronext 100, FTSE Eurotop 100, MSCI Europe) and extra-financial (DJSI World, DJSI Europe, Euronext Vigeo Eiris - Eurozone 120/ Europe 120/ France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG, and Stoxx Global 1800 ESG).
Leading the way in energy transition, Alstom develops and markets mobility solutions that provide a sustainable foundation for the future of transport. Whether it is high-speed trains, metros, monorails, trams, integrated systems, customized services, infrastructure, signaling solutions or digital mobility, Alstom offers its various customers the most comprehensive portfolio in the industry. 150,000 vehicles in commercial service around the world attest to the Group's recognized expertise in project management, innovation, design and technology. In 2021, Alstom is included in the Dow Jones Sustainability Indexes, World and Europe, for the 11th consecutive time. Headquartered in France, Alstom is present in 70 countries and employs over 74,000 people worldwide. The Group generated sales of €15.5 billion in the year ended 31 March 2022. 12,500 employees in France have the know-how to serve French and international customers. Around 30,000 jobs are generated in France by its 4,500 French suppliers.