Amazon announces new renewable energy projects in the US and Ireland

CNBC | August 02, 2019

Tech giant Amazon is to invest in two new renewable energy projects in the U.S. and Ireland. In an announcement Thursday, the firm said the projects – in Pittsylvania County, Virginia and Cork, Ireland – were expected to commence production in 2020. The project in Ireland will be a wind farm with 23.2 megawatts (MW) of capacity and is set to generate 68,000 megawatt hours (MWh) of energy per year. The facility in Virginia, a solar farm, will have 45 MW of capacity and produce an expected 100,000 MWh of energy each year. Capacity refers to the maximum amount that installations can produce, not what they are currently generating. The facilities, which will take the company’s number of renewable energy projects to 66, will be used to supply energy to data centers for Amazon Web Services. In the U.S., the company says its solar power projects have offset the carbon dioxide equivalent of over 200 million miles of truck deliveries. “Major investments in renewable energy are a critical step to address our carbon footprint globally.

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Nodal Exchange | August 30, 2021

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These Wind and Solar REC contracts complement existing voluntary REC products on Nodal. These include Texas Compliance Wind and Solar RECs from CRS Eligible Listed Facilities and M-RETS® RECs from CRS Listed Wind Energy Facilities. Nodal will also list new REC futures and options contracts from Maine, Maryland and California, which reflect evolving state based Renewable Portfolio Standards (RPS). Maine Class 2 REC futures and options complement the existing Maine Class 1 products on Nodal as well as the broader NEPOOL REC suite. Maryland Tier 2 REC futures and options complement the existing Maryland Tier I contracts as well as the broader PJM REC product complex. California PCC 3 RECs are the first exchange listed REC futures contracts in California and complement the existing Nodal Exchange California Carbon Allowance (“CCA”) contracts and California Low Carbon Fuels Standard (“LCFS”) credits contracts, which are the only physically delivered futures for LCFS credits. IncubEx and Nodal will also extend vintages on Texas CRS Wind REC contracts out to 2033, and New Jersey Solar REC contracts out to 2030. “There is a rapidly-expanding number of corporations, energy companies, project developers, asset managers and others looking to increase purchases of renewable energy as part of their net zero and 100% renewable goals," said Dan Scarbrough, President and COO of IncubEx. “States are also continuing to implement more robust renewable portfolio standards and these new contracts were designed based on feedback and in response to these market drivers.” Texas CRS Wind and Texas CRS Solar REC contracts are the most successful hybrid compliance/voluntary REC contracts ever listed. Combined, open interest has topped 25,000 contacts (equivalent to more than 25 million MWh of renewable energy) on Nodal, with more than 50,000 contracts traded since their respective launches in December 2019 and November 2020. "The new REC futures and options on Nodal represent the growing momentum behind environmental markets and their increasing importance across broader energy markets," said Paul Cusenza, Chairman and CEO of Nodal Exchange and Nodal Clear. "Open interest on Nodal environmental markets is now over 145,000 contracts. We see more participants gravitating to Nodal’s listed environmental products for the risk management efficiencies offered by Nodal Exchange and Nodal Clear. We will continue to build and expand these markets with the strong support from our customers." With the launch of these new contracts, Nodal builds upon the world’s broadest suite of environmental futures and options contracts, which now features 96 distinct products. ABOUT INCUBEX IncubEx is an incubator for exchange traded products, services, and technology solutions. At its core, IncubEx is a product and business development firm. 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GreenPower Delivers Additional 20 EV Stars to Green Commuter

GreenPower | September 09, 2020

GreenPower Motor Company Inc, a leading manufacturer and distributor of zero emissions electric powered medium and heavy duty vehicles, announced today the delivery of Green Commuter's next tranche of 20 EV Stars. Green Commuter is a Los Angeles based shared mobility company that provides zero emissions solutions for vanpools, employee transportation, and delivery vehicles. Green Commuter has placed three separate orders for EV Stars with the first order consisting of three vehicles, followed by two separate orders of 100 vehicles, for a total of 203 EV Stars. After this delivery of 20 units, there will be 28 EV Stars remaining on the initial 100 unit order which are expected to be delivered this calendar year, with the second 100 unit order expected to be delivered in 2021. To date, Green Commuter has taken delivery of 71 EV Stars.

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Axio Offers Free Coverage Analysis for SolarWinds Impacts

Axio | December 30, 2020

Axio, a main digital danger the board Software-as-a-Service organization, today dispatched a restricted time offering, through January 31, 2021, to play out a fast examination of protection inclusion in the wake of the SolarWinds occasion. "After the 2017 NotPetya assault, certain back up plans refered to the 'demonstration of war' rejection to deny claims from that occasion on the grounds that the assault began from country state entertainers. SolarWinds could get into that sticky situation again so any conceivably affected organization ought to comprehend the potential entanglements in their protection inclusions," said Scott Kannry, CEO of Axio. "To help pick up speedy understanding into potential issue spots, we're glad to make the Axio360 strategy examination motor accessible for the following month to any organization that is intrigued." Axio's AI motor distinguishes rejections and statements that could introduce inclusion issues for SolarWinds-related misfortunes, for example, demonstration of war prohibitions, directed assault avoidances, and even new prohibitions being presented that explicitly reference the SolarWinds occasion. Organizations wishing to exploit Axio's offer ought to give an approach to be dissected and inside one business day get an email with hailed provisos recognized and recommendations as to subsequent stages and more profound investigation. "The SolarWinds occasion is remarkable in size with more than 300,000 organizations possibly affected. Right now is an ideal opportunity for these organizations to comprehend what could be in danger and if their protection inclusions will be there when generally required," added Kannry.

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