Braya Renewable Fuels LP | March 13, 2023
Braya Renewable Fuels LP, an oil and gas company, has recently issued an exclusive letter of support to ABO Wind company for the joint development of green hydrogen production. It would promote ABO Wind's project proposal in 'Crown Land Call for Bids for Wind Energy Projects,' an initiative of the Government of Newfoundland and Labrador.
In November 2022, it issued a request for proposals of about 35,000 metric tons of green hydrogen production annually, which is needed for its advanced biofuel refinery. It recognized its requirement for large quantity hydrogen and unique access to deep water logistic assets. It has also invited respondents to submit proposals for large-scale production of green hydrogen and ammonia that would satisfy the needs of the global marketplace.
ABO Wind proposed an integrated project providing green hydrogen to fulfill Braya's requirement and green ammonia for export worldwide, and Braya issued a non-binding letter of support to ABO Wind's project. It believes in the success of the project in the competitive process.
CEO of Braya Renewable Fuels, Frank Almaraz said, "Of the many strong proposals we received from around the world, we have selected ABO Wind for its demonstrated ability to manage large scale infrastructure developments, its significant experience in developing renewable energy projects, and our shared vision of producing green hydrogen and green ammonia to serve global markets." He added, "We are confident that together with ABO Wind, we can build on the tremendous momentum at our Come By Chance refinery."
(Source – Cision PR Newswire)
About Braya Renewable Fuels LP
Headquartered in Come By Chance, Newfoundland and Labrador, Canada, Braya Renewable Fuels LP, a refinery, aspires to become one of the largest renewable diesel and sustainable aviation fuel production facilities in the world. Its refinery is in the conversion project process. It employs employees from different countries, backgrounds and cultures for global business. Previously, it was known as North Atlantic Refinery (NARL). It was named 'Braya' after the two endangered artic-alpine flowering plant species, Long's Braya and Fernald's Braya, mostly found in the Great Northern Peninsula of Newfoundland. These unique species adapt to the extreme climate conditions, and natural processes need to survive in the coastal limestone barrens of the Strait of Belle Isle.
Apex Clean Energy | January 31, 2023
On January 30, 2023, Apex Clean Energy signed an Environmental Attribute Purchase Agreement (EAPA) with Meta to generate total renewable energy in the Angelo Solar Project with a 195 MW facility, supporting the regional operations in Tom Green County (Texas).
The Angelo Solar Project will generate around $31.7 million in tax revenue for the local community, approximately $22 million in landowner payments, and about 400 jobs during construction, with commercial operations expected in early 2024.
The other earlier declared transactions would continue to manifest between Apex and Meta, like an 80 MW EAPA with Altavista Solar, 197 MW with Jayhawk Wind, 175 MW with Lincoln Land Wind, 200 MW with Aviator Wind East, and 225 MW with Great Pathfinder Wind, along with this agreement.
President and CEO of Apex Clean Energy, Mark Goodwin, said, “The success of our company and our mission, to accelerate the shift to clean energy, relies on partnerships with first movers like Meta that have set ambitious standards driving the energy transition. He added, “As we advance our sixth project alongside Meta, this portfolio, now totaling more than a gigawatt, represents a diverse set of best-in-class wind and solar projects in markets across the United States.”
(Source – Business Wire)
Urvi Parekh, Head of Renewable Energy at Meta, said, “We appreciate Apex’s partnership in helping us bring a total of one gigawatt of new renewable energy to the grid across Texas, Virginia, Illinois, Kansas, and Iowa.” She added, “This new solar project will support our commitment to 100% renewable energy and will help bring jobs and investment to the local community.”
(Source – Business Wire)
About Apex Clean Energy
Apex Clean Energy generates clean energy with a diverse portfolio of about 40 gigawatts. At its headquarters in Charlottesville (Virginia) and nationwide, 400 specialists are working on its projects. Its renewable frontiers are wind, solar, storage facilities, distributed energy resources, and green fuel technologies in North America. Established in 2009 as a modest start-up, the company has grown into a successful business that encourages employee initiative and autonomy.
Competitive Power Ventures | January 10, 2023
On January 9, 2023, CPV Retail Energy, Competitive Power Ventures’ (CPVs) recently announced retail electric division, has chosen ArcTrade as the technology platform to allow the organization to provide clean energy products backed by CPV’s world-class production fleet directly to companies to help them reach their ESG targets.
''As we grow the CPV Retail Energy brand, working with a premier technology platform like ArcTrade will enable the company to drive customer value by ensuring we are operating at the highest level possible, which will directly benefit our customers.''
-Qadir Khan, President of CPV Retail Energy
(Source – GlobeNewswire)
ArcTrade will function as the end-to-end platform that facilitates retail sales to industrial and commercial clients in the PJM market within states.
"CPV is a forward-looking emerging energy retailer whose mission is to provide energy customers with comprehensive and clean energy solutions. They seek a technology platform that can provide complete capabilities to support their energy product development and service delivery." Adding to this, he also said, "We look forward to working with CPV to innovate the business models and transform the future of energy."
-Lesley Yang, ArcTrade CEO
(Source – GlobeNewswire)
About CPV Retail Energy
CPV Retail Energy was founded in 2022 as a retail electric provider, primarily targeting large commercial and industrial clients in the PJM market region and ultimately expanding into New York and New England. CPV is a wholly-owned subsidiary of Competitive Power Ventures, a leading US developer of renewable energy that supplies some of the top ten Fortune 500 companies.