A blockchain trading solar power system in the real world

pv-magazine | February 21, 2019

PowerLedger’s xGrid is a blockchain-based electricity trading platform that’s now being used in a Pennsylvania business park, in addition to Chicago, California, a large housing unit in Australia, plus a few more locations. The fads come and go, the big ideas rise and fall. It is the nature of our evolution, and how we’re evolving the world around us in time with our resource needs. And for a year or two anything blockchain based made popular by Bitcoin was just hot, hot, hot. That is, until the press releases and initial coin offerings slowed, and there still weren’t projects in the ground. And this isn’t blockchain’s fault, its the nature of early adopter Peak of Inflated Expectations.

Spotlight

Green Charge hosted a site tour for the Energy Storage North America Expo and Conference. Guests toured energy storage systems installed at Del Norte High School and Mike Hess Brewing in San Diego, California.

Spotlight

Green Charge hosted a site tour for the Energy Storage North America Expo and Conference. Guests toured energy storage systems installed at Del Norte High School and Mike Hess Brewing in San Diego, California.

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ENERGY

EcoFlow Launches the DELTA Pro, its Pioneering Portable Power Station, in Europe

EcoFlow | January 18, 2022

EcoFlow, a portable power and renewable energy solutions company, has launched the industry-leading DELTA Pro portable home battery in Europe. Originally a Kickstarter campaign, it smashed records to become the most-funded tech project at the time and still ranks sixth among all projects to date. With a base capacity of 3.6kWh and expandable to 25kWh, the DELTA Pro is the industry’s first portable home battery and can provide multiple days’ worth of backup energy to families in the case of emergencies. In September 2021, EcoFlow launched the DELTA Max and the DELTA mini in Europe, both of which are designed to offer backup power for shorter blackout periods. DELTA Pro’s highly successful Kickstarter campaign overwhelmingly demonstrates the consumer desire for portable clean energy power and storage solutions. Reliable access to power is front-of-mind for consumers, as rising cases of extreme weather and power outages emphasize the need for greater preparation and sustainable power sources. EcoFlow strives to ensure that consumers and their families feel ready and secure, and it is this very purpose that inspires us to innovate and provide even safer and more reliable power solutions.” Thomas Chan, R&D Director at EcoFlow Reliable and Renewable: The Ultimate Emergency Power Solution Providing a dependable power solution that enables disaster preparedness lies at the heart of EcoFlow’s DELTA series. “EcoFlow is determined to take on a bigger role in disaster preparedness, not just by providing resilient technology but also by giving people the proper knowledge and tools so that they can always have peace of mind,” said Chan. This purpose has clearly resonated with consumers. When the company launched a crowdfunding campaign for the DELTA Pro on Kickstarter in July 2021, it raised $1 million (approx. €0.84 million) within the first 10 minutes. At the end of the two-month campaign, over $12 million (approx. €10.6 million) had been raised, breaking Kickstarter’s then-record by over $4.3 million (approx. €3.8 million) to become the most-funded tech project at the time. Today, the Delta PRO crowdfunding campaign still ranks sixth among all Kickstarter projects. In November, TIME named the DELTA Pro as one of the 100 Best Inventions of 2021, which honors innovations “that are making the world better, smarter, and even a bit more fun.” Recognized in the Sustainability category, EcoFlow was noted for its pioneering product development. As the first product of its kind, the EcoFlow DELTA Pro represents a significant step towards the company’s ambitious vision of empowering sustainability by providing a robust, low-carbon, and renewable energy solution for individuals, households, and industries alike. About EcoFlow EcoFlow is a portable power and renewable energy solutions company. Since its founding in 2017, EcoFlow has provided peace-of-mind power to customers in over 85 markets through its DELTA and RIVER product lines of portable power stations and eco-friendly accessories. EcoFlow’s mission is to reinvent the way the world accesses energy by innovating lighter-weight and longer-lasting clean, quiet, and renewable power storage solutions. EcoFlow’s products are now available in 35 countries and regions across Europe, supported by a network of over 300 local retailers.

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SOLAR+STORAGE

MGE Presents Plans for a Solar and Battery Storage Project in Dane County

Madison Gas and Electric | May 03, 2021

Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), auxiliaries of WEC Energy Group, is looking for an endorsement from the Public Service Commission of Wisconsin (PSCW) to buy the Koshkonong Solar Energy Center. Whenever endorsed, MGE will claim 30 megawatts (MW) of solar energy and 16.5 MW of battery storage from the office situated in the Towns of Christiana and Deerfield in Dane County. "We are changing our framework for the future in various manners, one of which is developing our utilization of savvy, renewable generation to decarbonize our energy supply. The Koshkonong Solar Energy Center and other as of late reported renewable projects will assist us with overseeing term expenses to clients" clarified Jeff Keebler, MGE Chairman, President, and CEO. "There is no fuel cost with solar and wind energy, and battery storage will assist us with overseeing costs and keep up our highest level electric unwavering quality as we progress to more noteworthy utilization of renewables." MGE reported recently plans to buy the accompanying: • Paris Solar-Battery Park. MGE's proprietorship offer would be 20 MW of solar energy and 11 MW of battery storage. • Darien Solar Energy Center. MGE's proprietorship offer would be 25 MW of solar energy and 7.5 MW of battery storage. • Red Barn Wind Farm. MGE's proprietorship offer would be 9.1 MW. • Together, these projects are relied upon to help power over 26,000 MGE families before the finish of 2023. Continuous clean energy progress MGE is on target to accomplish carbon reductions of at any rate 65% by 2030. The expansion of these four as of late declared clean energy projects will assist MGE with meeting future energy and limit needs cost-viably as the organization proceeds with its continuous progress away from coal-fired electricity with the arranged retirement of the Columbia Energy Center in Portage before the finish of 2024. These projects, whenever endorsed, are important for more than 350 MW of new renewable generation limit declared since MGE presented its Energy 2030 structure for a more sustainable future in November 2015. Koshkonong Solar Energy Center Whenever affirmed, the Koshkonong Solar Energy Center will be created and developed by Invenergy LLC. The roughly 4,600-section of the land undertaking will incorporate a 300-MW solar exhibit and a 165-MW battery storage framework close to Cambridge in Dane County. It is relied upon to highlight up to 730,000 solar boards. We Energies and WPS will claim the leftover 270 MW of the yield and 148.5 MW of battery storage from the task. Development is relied upon to start in 2022 and the task is required to start serving clients before the finish of 2024. A lot of the Koshkonong Solar Energy Center self-control around 9,000 families. MGE's net‐zero carbon electricity objective In May 2019, MGE declared its objective of net-zero carbon electricity by 2050, making it one of the primary utilities in the country to resolve to net-zero carbon by mid-century. MGE's net-zero objective is steady with the most recent environment science from the Intergovernmental Panel on Climate Change (IPCC) October 2018 Special Report on restricting an Earth-wide temperature boost to 1.5 degrees Celsius. To accomplish profound decarbonization, MGE is developing its utilization of renewable energy, drawing in clients around energy effectiveness, and attempting to zap transportation, which are all key systems distinguished by the IPCC. About MGE MGE creates and appropriates electricity to 157,000 clients in Dane County, Wis., and buys and circulates gaseous petrol to 166,000 clients in seven south-focal and western Wisconsin districts. MGE's parent organization is MGE Energy, Inc. The organization's underlying foundations in the Madison region date back over 150 years.

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ENERGY

Taaleri SolarWind II fund invests in three wind farms in Lithuania with a combined capacity of 186 MW

Taaleri Energia | November 29, 2021

The Taaleri SolarWind II fund has together with an investment company, Atsinaujinančios Energetikos Investicijos, managed by Lords LB Asset Management, a leading investment management firm in the Baltics, acquired 100 percent ownership of the Anykščiai, Rokiškis, and Jonava wind farms from European Energy, a Danish renewable energy company. Lords LB is Taaleri Energia’s joint venture partner in the Baltics. The Anykščiai and Rokiškis wind farms are located in the counties of Utena and Panevėžys, around 100 km and 150 km north of the city of Vilnius respectively. The Jonava wind farm is located in the county of Kaunas, approximately 100 km northeast of the city of Vilnius. With a total of 34 General Electric 5.5 MW turbines, the wind farms will have a combined installed capacity of 186 MW and the combined annual production of electricity will be approximately 560 GWh. The wind farms will together produce enough electricity to supply around 270 000 households and will offset the equivalent of 170 000 tonnes of carbon dioxide during each year of operation. Construction works on the Anykščiai, Jonava and Rokiškis wind farms commenced in January, March and July 2021 respectively. All three wind farms are expected to be fully operational in 2022 with the Anykščiai wind farm reaching its commercial operations date by the end of the first quarter, the Jonava wind farm by the end of the second quarter and the Rokiškis wind farm by the end of the fourth quarter. The wind farms were developed by European Energy, who will also provide Construction Management services during the construction phase as well as Technical and Commercial Management services in the operational phase. General Electric will be responsible for maintaining the turbines under a 30-year contract. The three wind farms have entered into long-term power purchase agreements for a substantial proportion of the electricity generated with Axpo Nordic, which is part of the Axpo Group, the largest energy company in Switzerland. Long-term project financing for these investments has been provided by the Danish investment manager AIP Management on behalf of its investors. We are delighted with this deal, which brings the number of investments from the Taaleri SolarWind II fund to ten and represents its entry into a new market. Lithuania has excellent wind resources and a clear plan to increase the share of renewable energy in its power generation mix. Our joint venture with Lords LB paves the way for further investments in the Baltics and we look forward to continuing to build on this partnership.” Kai Rintala, Managing Director, Taaleri Energia “We are delighted to contribute to the region’s energy transition and security of supply by providing early-stage developers with the access to institutional capital. We believe that our joint venture with Taaleri Energia will be a significant driver for renewable energy capacity development in the region. Unlocking the renewable energy potential in the Baltics will lead to tremendous value creation for both the region and for our investors”, said Atsinaujinančios Energetikos investicijos’ Manager, Tomas Milašauskas. “We are excited to complete this investment in three onshore wind projects in Lithuania, which is an interesting new market for us with significant demand for renewable energy sources and also well-connected to the NordPool Nordic power market. We are delighted to partner with Lords LB and extend our partnership with Taaleri Energia. We are pleased to see Danish developer European Energy continuing to be play an important role in the projects”, said Kasper Hansen, Managing Partner of AIP. About the Taaleri SolarWind II fund The Taaleri SolarWind II fund invests in utility-scale wind and solar assets. The fund is investing in a diversified portfolio of ready-to-build assets in five key markets; the Nordics & Baltics, Poland, South East Europe, Iberia and Texas. It is estimated that the fund will finance approximately 850 MW of renewable energy capacity, which will offset over 1 million tonnes of CO2 annually throughout the 25-year lifetime of the assets. The fund’s investors include the European Investment Bank, Ilmarinen Mutual Pension Insurance Company, Varma Mutual Pension Insurance Company, the European Bank for Reconstruction and Development, Obligo Global Infrastuktur II Fund, the Finnish Church Pension Fund, the Nordic Environment Finance Corporation, the Taaleri Group, the Taaleri Energia team and a wide range of pension funds, foundations, endowments, and family offices. About Taaleri Energia Taaleri Energia is a renewable energy developer and fund manager. With 40 professionals, Taaleri Energia has one of the largest dedicated wind and solar investment teams in Europe. The team is currently investing its fifth renewable energy fund, the Taaleri SolarWind II fund, and has a 2.8 GW wind and solar portfolio in Europe, the US, and the Middle East. Taaleri Energia is ranked by Preqin as one of the most consistent top performing infrastructure fund managers. Taaleri Energia is part of the Taaleri Group, which is listed on the Nasdaq Helsinki stock exchange.

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