Amazon Announces Five New Utility-Scale Solar Projects to Power Global Operations in China, Australia, and the U.S.

Delimarketnews | May 28, 2020

Amazon is following Walmart’s recent expansion in the market of China with its own expansion of sorts. This month, the e-tail giant announced five new renewable energy projects in China, Australia, and the U.S.—with its project in China serving as its first-ever renewable energy project in the market. As a signatory to The Climate Pledge, we’re committed to meeting the goals of the Paris Agreement 10 years early and reaching net zero carbon across Amazon by 2040,” said Kara Hurst, Vice President of Sustainability at Amazon. “These five new renewable energy projects are a critical part of our roadmap to reach this goal. In fact, we believe it is possible to reach 100 percent renewable energy by 2025, five years ahead of the goals we announced last fall. While this will be challenging, we have a credible plan to get there.”

Spotlight

Greece has been making headlines recently with its energy sector reforms and newly awoken solar PV market. The country’s solar energy capacity skyrocketed in 2013 when the country added more than 1 GW of new solar PV capacity. However, due to retroactive cuts, the market remained stagnant for years, until now. In July 2018 the Greek government organized the country’s first official solar PV auction, where it awarded more than 100 MW of capacity spread over 91 projects.

Spotlight

Greece has been making headlines recently with its energy sector reforms and newly awoken solar PV market. The country’s solar energy capacity skyrocketed in 2013 when the country added more than 1 GW of new solar PV capacity. However, due to retroactive cuts, the market remained stagnant for years, until now. In July 2018 the Greek government organized the country’s first official solar PV auction, where it awarded more than 100 MW of capacity spread over 91 projects.

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ENERGY,PRODUCTS

Schneider Electric Releases Solar Solutions That Provide Clean Power to Communities With Limited Access to Energy

Schneider Electric | July 05, 2022

Schneider Electric, the leader in the digital transformation of energy management and automation, which was named the world’s most sustainable corporation by Corporate Knights Global 100 Index in 2021, announced the launch of two new solar power solutions for communities that have little or no access to energy.The new solar products are designed to withstand extensive use for a wide range of power needs. They expand Schneider’s portfolio of products and solutions that aim to help reach the United Nations’s 2030 target of universal access to energy. According to the World Bank, 733 million people worldwide still have no access to electricity. Africa’s population remains the least electrified in the world: 568 million people across the continent lack electricity access. “Aligned with the UN’s Sustainable Development Goals, Schneider Electric is committed to having a positive impact on our many stakeholders, especially when it comes to addressing climate change and social inequality, Our energy efficient products and solutions are designed to help communities that live in locations where the grid is either unreliable or non-existent.” -Carol Koech, Schneider Electric’s Country President for East Africa. The product launch coincided with the Alliance for Rural Electricity’s (ARE) Energy Access Investment Forum 2022 in Dar es Salaam, Tanzania, from 28-30 June, where representatives from the public and private sectors, including Schneider Electric, are meeting as part of ongoing active support to achieve a sustainable energy future for all. Schneider’s new products are now commercially available worldwide. Homaya Pro powers off-grid communities with reliable, affordable and green electricity The new Homaya Pro solar-hybrid inverter converts direct current electricity to alternating current to be used in stand-alone systems or connected to a grid. It can power the energy needs of a household or a small business, with solutions ranging from 3, 4 or 6 kilowatts. It provides reliable renewable energy access for homes, fuel stations, small offices, healthcare centers, schools and telecommunications infrastructure. The Homaya Pro inverter is powered by solar energy with an inbuilt Maximum Power Point Tracking (MPPT) controller. It is compatible with grid charging and supports lead or lithium battery technologies. Up to 6 inverters can be connected in parallel for a combined output of up to 24 kilowatts. Optional accessories include external MPPT to extend a solar array by one or three kilowatts and increase backup capacity, and a WiFi dongle to allow local internet monitoring without a mobile app. Mobiya Original solar lanterns for lighting and mobile charging The latest Mobiya Original solar lantern provides users with safe, reliable and clean energy for lighting and USB charging needs. Based on the robust and waterproof Mobiya Original lantern, this upgraded version incorporates new design features and improvements that make it easier to handle and use. Made from recyclable materials, this latest version produces 280 lumens and includes settings to save power and prolong lighting performance over time. Launching these new offers demonstrates Schneider Electric’s commitment to ensuring that 100 million people will have access to green energy by 2030,” said Olivier Jacquet, Schneider Electric’s Vice President for Access to Energy Business Development in the Middle East and Africa. “Homaya Pro is not only easy to use and install but also affordable for people living in remote parts of Africa and Asia. Since launching its Access to Energy program in 2009, Schneider Electric has been developing and commercializing safe, affordable and reliable technology solutions to harness more renewable power, improve the lives and livelihoods of people often located in remote places, and support the growing energy needs of developing countries. About Schneider Electric Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

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ENERGY,PRODUCTS

Empower Energies Selects Veritone iDERMS™ Designer for a Hybrid Solar + Battery Energy Storage System (BESS)

Veritone | July 27, 2022

Veritone, Inc. (NASDAQ: VERI), creator of iDERMS, an intelligent distributed energy resource management platform, announced its iDERMS Designer was selected by Empower Energies, one of the leading turnkey providers of clean energy solutions in the United States, to provide an optimal distributed energy resource (DER) sizing solution for a multi-facility development project in Electric Reliability Council of Texas (ERCOT).Veritone’s iDERMS Designer was used to determine the size of a battery energy storage system (BESS) needed to complement the existing solar canopy system at multiple facilities, to coordinate battery discharging and charging for optimal performance and savings and to maximize possible revenue streams. The iDERMS Designer used patented artificial intelligence (AI) driven algorithms to ingest years of price, load and solar generation data in order to optimize for a multi-sensitivity business case for ERCOT facilities. As a result, the implemented solution is expected to reduce monthly energy bills, particularly during periods of ERCOT scarcity pricing. In addition, it is anticipated that an optimized BESS will generate revenue streams from energy arbitrage leveraging Veritone’s ERCOT price forecaster. Further, participating in “value stacking” will uncover additional revenue streams, such as participating in a demand response program, acting as a spinning reserve resource in the ERCOT ancillary service market and providing backup power for critical end-user loads during periods of grid outage. “Veritone has been an excellent partner for Empower Energies. Not only is their analysis and presentation first-rate, but their customer service is outstanding,” said Marshall Kaiser, senior director of managed accounts at Empower Energies. “Both we and our clients are very impressed with Veritone’s expertise, and are looking forward to collaborating on future projects.” “As one of the most trusted renewable energy partners in the industry, Empower Energies is committed to providing our customers with the most advanced technologies that maximize the potential of their clean energy solutions, We recognize that fewer reliable green energy sources and new forms of energy storage, energy supply and demand imbalances are impacting grid stability, customer satisfaction and company profitability, which is why we chose to partner with Veritone. Its AI-powered iDERMS platform bridges the gap, bringing the energy sector an urgently needed solution to make green energy more predictable, reliable and cost-effective.” -Robert Duva, vice president of engineering at Empower Energies. Veritone’s iDERMS solution harnesses the power of AI to revolutionize today’s energy ecosystems through proprietary, intelligent, day-ahead and real-time energy forecasting, optimization and control—all of which unlock the full potential of energy resources, while enhancing overall reliability. With Forecaster, Optimizer and Controller modules, the iDERMS solution allows for tackling industry challenges at a pace best suited to meet each customer’s specific objectives, timelines or financial goals, while simultaneously addressing reliability and the commercial aspects of DERs. “Partnering with Empower Energies gives Veritone another tremendous opportunity to demonstrate the capability of iDERMS to help transform the industry,” said Sean McEvoy, senior vice president of energy at Veritone. “We have completed several capacity sizing projects over the past year, assuring our customers are equipped with an optimal energy mix before they deploy their DERs. With Veritone’s iDERMS solution, renewable energy is delivered with exceptional reliability and efficiency, while simultaneously addressing the commercial aspects of DERs to maximize investments as utilities accelerate the mission to end global dependence on fossil fuels.” For more information, visit iDERMS here. About Veritone Veritone (NASDAQ: VERI) is a leader in enterprise artificial intelligence (AI) solutions. Serving organizations in both commercial and regulated sectors, Veritone’s software, services, and industry applications simplify data management, empowering the largest and most recognizable brands in the world to run more efficiently, accelerate decision making and increase profitability. Veritone’s expansive aiWARE™ operating system for AI orchestrates an ever-growing ecosystem of machine learning models to transform audio, video, and other data sources into actionable intelligence. Through its robust partner ecosystem and professional and managed services, Veritone develops and builds AI solutions that solve the problems of today and tomorrow. To learn more, visit www.veritone.com.

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PRODUCTS

Gazelle Wind Power Teams Up with Ferrofab FZE to Manufacture a Modular Gazelle Hybrid PlatformFERROFAB FZE

Gazelle Wind Power and FERROFAB FZE | August 08, 2022

Floating offshore wind platform developer Gazelle Wind Power (Gazelle) has signed a memorandum of understanding (MOU) with Ferrofab FZE (Ferrofab), a UAE-based engineering and manufacturing firm, to establish a Center for Manufacturing Excellence at the Ferrofab Jebel Ali facility in the UAE. This Center is being established to manufacture a Gazelle hybrid modular offshore wind platform, based on Gazelle’s proprietary technology, that can be scaled to support any make and model of wind turbines, including models upwards of 20MW. “Ferrofab has a reputation for engineering, manufacturing, and execution that is needed to bring our technology to the market at the pace we need to address climate change, While many offshore wind projects originate from the oil and gas industry, Gazelle’s hybrid floating platform is designed solely to accelerate the development of the offshore wind industry and contribute to reducing the levelized cost of electricity (LCOE). Having a collaborator with experience in both sectors will allow us to deploy our solution and hasten the move to net-zero successfully.” -Gazelle CEO Jon Salazar. Ferrofab boasts a total of 800,000 square feet of state-of-the-art manufacturing facilities in Jebel Ali, which is located approximately 40 km southwest of Dubai. The company has extensive experience in engineering and manufacturing offshore and onshore process equipment and structures for the wind, oil, and gas industries, which will be leveraged to accelerate the manufacturing process for Gazelle’s floating wind platforms and the assembly and distribution to ports worldwide. “Based on our past experience in manufacturing offshore structures, Gazelle’s unique floating platform technology is on track to spur the needed evolution of the offshore wind industry, With its innovative design and modular components, the deployment of this solution will be a revolutionary step in the production of renewable energy.” -Johan Moraes, Executive Director of Ferrofab FZE Over the past year, Gazelle has been lining up top-performing partners, all leaders within their respective industries, to advance the implementation of the company’s unparalleled floating platform system, including MOUs previously signed with VCE, Bridon-Bekaert Ropes Group, and Maersk Supply Service. Gazelle also successfully completed its first-ever crowdfunding campaign and named four additional industry leaders to its board of directors. Gazelle’s unique hybrid floating wind platform splits the ‘two classical functions’ of buoyancy and stability for a lighter and more agile platform than current market designs and boasts the advantage of faster deployment in deeper waters. About Gazelle Wind Power Gazelle Wind Power Limited is unlocking the massive deep-water offshore wind market to achieve global decarbonisation. The company’s durable, disruptive hybrid floating platform with a high stability attenuated pitch surmounts the current barriers of buoyancy and geographic limitations while reducing costs and preserving fragile marine environments. The company is based in Dublin and has a presence in Dubai, London, Madrid, Paris, and Texas. For more information, visit www.gazellewindpower.com. About Ferrofab FZE Ferrofab is a global leader and a trusted name in the field of engineering and manufacturing. The company offers a full range of activities in matters of modular static and process equipment, well-testing equipment, and special dish head forming. With the endeavor toward self-development and increasing its portfolio of work, Ferrofab’s vision is to be known globally for "Engineering Excellence.” Learn more at www.ferrofab.com.

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