Apple Relying on China to Meet Renewable Energy Targets

Saur Energy International | April 22, 2019

In the “Environmental Responsibility Report”, the company has set an ambitious goal to “make products without taking from the Earth” and is dedicated to reducing its carbon dioxide emissions from its business operations. The company had previously announced that 44 of its global suppliers have committed to 100 percent renewable energy for the production of Apple products, Because of this partnership between the tech company will exceed its goal of bringing 4 GW of renewable energy into its supply chain by 2020, with over an additional gigawatt projected within that timeframe. Among the 44 suppliers, “the majority of clean supply chain, clean energy suppliers are in China in terms of both attaining the clean energy goal and cooperation in the use of safer materials and smarter chemistry,” said Lisa Jackson, Apple VP of Environment, Policy and Social Initiatives at an event promoting the company’s environmental initiative. As one of Apple’s biggest manufacturers and markets in the world, China is critical to success in all of Apple’s environmental initiatives, she said. “I think it’s important to know Chinese manufacturers can be partners in the innovation because the Chinese manufacturers have real expertise and applications which they can bring to the table.

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Leading the world in solar. Trina Solar has been manufacturing high quality photovoltaic solar panels since 1997. We are a world's leading solar supplier, having shipped over 20 gigawatts worldwide, providing clean, affordable and reliable energy to homes, businesses and power plants around the world.

Spotlight

Leading the world in solar. Trina Solar has been manufacturing high quality photovoltaic solar panels since 1997. We are a world's leading solar supplier, having shipped over 20 gigawatts worldwide, providing clean, affordable and reliable energy to homes, businesses and power plants around the world.

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SOLAR+STORAGE

Bowman Consulting Expands Solar Engineering Services Through Acquisition of SEI Professional Services

Bowman Consulting Group Ltd. | November 09, 2022

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), announced the purchase of SEI Engineering, LLC (“SEIE”). Headquartered in Paonia, Colorado and operating as SEI Professional Services, the company provides a full array of technical services to developers and owners of utility and commercial scale solar energy facilities. The SEIE team is made up of many of the solar industry’s top photovoltaic (PV) and battery storage system designers, engineers, and technicians. “Our renewable energy business is growing at a rapid rate and the acquisition of SEIE will serve to further accelerate that growth,” said Gary Bowman, CEO of Bowman. “Planning, engineering, and commissioning related to energy transition is a primary focus of our growth strategy and is central to our acquisition program. The leadership team at SEIE is extraordinarily knowledgeable and highly respected as experts throughout the solar industry. They were especially attracted to our growth culture and are looking forward to the advancement opportunities that a larger organization can provide. They will integrate quickly into our operation, and we are highly confident that this move will result in significant cross-selling and revenue synergies. I’m looking forward to the opportunities this acquisition will present to advance our penetration into the growing market for alternative energy engineering services.” “Bowman’s vision for expanding SEIE's reach and providing deep support for our operations is what initially made us want to join them, Getting to know the culture of the company, hearing their vision for growth, and understanding their commitment to the energy transition market further enhanced our interest in becoming part of Bowman. The solar energy market is expanding much faster than we could possibly capitalize on alone. By joining Bowman, our opportunities for growth and continuing to be the premiere engineering group for solar and storage projects will only be strengthened.” -Jeff Ruppert, P.E., CEO of SEIE. The Company expects the SEI acquisition to initially contribute approximately $1.5 million of annualized net service billing and be immediately accretive. The acquisition was financed with a combination of cash and seller notes. “The SEIE acquisition was transacted well within our target multiple range and conforms with our objectives for operating metrics, revenue synergy, cross-selling opportunities and growth potential,” said Bruce Labovitz, Bowman’s CFO. “As is our practice, we will provide more detailed information on M&A activities, pipeline, and guidance in connection with scheduled quarterly communications.” About SEI Engineering SEI Engineering, LLC (SEIE) was founded by a group from Solar Energy International, the global leader in PV training and education. SEIE clients are assured their projects will be executed with the foremost quality and expertise. Consulting and design services include civil, structural, and electrical engineering, feasibility study services, production modeling, design consulting, and on-site quality assurance inspections. For more information on SEIE, their projects, and services, visit SEI Professional Services. About Bowman Consulting Group Ltd. Headquartered in Reston, Virginia, Bowman is an engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment. With over 1,700 employees and more than 65 offices throughout the United States, Bowman provides a variety of planning, engineering, construction management, commissioning, environmental consulting, geomatics, survey, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit bowman.com or investors.bowman.com.

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SOLAR+STORAGE, PRODUCTS

DroneBase Unveils First Solar Quality Rating System for Asset Conditions in the U.S.

DroneBase | September 14, 2022

With the Solar Energy Manufacturing for America Act passed within the Inflation Reduction Act, America’s solar manufacturing sector is set to scale dramatically. To support the forecasted growth of 60 gigawatts (GW) of solar deployed annually from 2025 to 2030 and ensure better oversight of U.S. solar power plants, DroneBase announced the first standardized set of solar asset ratings. As the leading provider of intelligent imagery, DroneBase is expanding its solar scan offering to cover all of North America for this new rating system. By offering a thorough assessment of power loss, module condition and cell temperature, DroneBase presents the solar industry with a new gold standard for evaluating the total condition of solar power plants, marking the industry’s first complete solar asset conditions data set. “With the solar industry experiencing substantial scaling, industry professionals are looking for a standardized way to evaluate solar asset conditions. Until now, there has been a lack of transparency and visibility into the overall status and condition of assets,Thanks to our scanning capabilities, we provide deep and broad data sets and bring a universal understanding on the condition of solar power plants.” -Mark Culpepper, general manager of global solar solutions at DroneBase. DroneBase’s North American Solar Scan uses a simple three-letter asset rating system, similar to the common investment-grade bond rating system. Each letter represents a specific aspect of a solar site’s overall condition. Conducted via manned aircraft, the North American Solar Scan provides cost-effective and comprehensive thermal and RGB views of solar assets to investors, asset owners, operations and maintenance managers, utility companies, EPC firms and policymakers. Scanned solar plants (1 MW and larger) are automatically assigned three criteria based on aerial photography and thermal scans. Stakeholders can access the data and reports via the DroneBase Solar Insights web platform. The first letter in the rating represents the operating condition of the site. Thermal sensors detect components that are failing to estimate direct current (DC) losses at the power plant. The second letter in the rating is an indicator of the highest recorded temperature of photovoltaic cells, with separate parameters for roof-mounted and ground-mounted assets. Elevated temperatures may indicate potential safety or liability risks. Finally, the last letter in the rating reflects the condition of the modules used by comparing the number of anomalies per megawatt peak. More anomalies per megawatt generally indicate more potential problems with the modules on the site. By providing this analysis and the three-letter rating, DroneBase enables stakeholders to see the condition of solar plants across a geographic area, such as a city, state, or the continental U.S. Financiers or owners can use the asset ratings to identify potential assets for acquisition or sale. In contrast, O&M service providers can use the data to highlight the excellent rating of the plants they service. Meanwhile, developers and EPCs will be able to leverage the ratings to provide objective evidence of the quality of their work to existing or prospective customers. Clients seeking Dronebase’s traditional deep-scanning capability, providing detail as specific as cell level visibility into specific component failures, can continue to do so and can even order that within the new updated Insights platform. Companies, such as DroneBase customer Primergy Solar, that develop, own and operate distributed and utility-scale solar and storage projects, can use the asset rating for various insights to save time and money, through targeted maintenance and preventable downtime. “Primergy is actively building one of the largest solar + battery projects in the U.S., and DroneBase’s technology is a critical time saver for all involved, We’re focused on partnering with companies that understand the importance of investing in projects that increase clean power reliability and reduce carbon emissions to create healthier communities and stronger economies. We look forward to continuing to work with DroneBase as they bring additional clarity and insights to the solar industry.” -Adam Larner, chief operating officer of Primergy Solar. To date, DroneBase has completed its solar scan for the entire state of California, representing 16 GW of solar plants and 20 percent of large-scale solar-generated power in the U.S. The whole U.S. solar plants market of 1MW or larger — approximately 80GW — will be accessible via the DroneBase Insights platform in the spring of 2023. Customers can subscribe immediately to access all the sites scanned in California. A preview of the insights provided by the North American Solar Scan will be available via webinar on Thursday, September 15 — registration is free and open to the public. Attendees of the RE+ conference in Anaheim, Calif., will have access to the database of the California scan at the Dronebase booth (#3854) from Tuesday, September 20 to Thursday, September 22, 2022. ABOUT DRONEBASE DroneBase is the leading intelligent aerial imaging company for high-value infrastructure, providing businesses with fast, actionable, real-time insights to recover revenue, reduce risk, and improve build quality. Headquartered in Santa Monica, California, DroneBase serves customers in the solar, wind, insurance, construction, real estate and critical infrastructure industries. Trusted by the largest enterprises in the world, DroneBase is active in over 70 countries. Learn more at https://dronebase.com/. About Primergy Solar Primergy is a developer, owner and operator focused on both distributed and utility scale solar PV and battery storage projects in North America with portfolios of over 10 GW of solar and battery energy storage projects in development, construction, and operations in 13 different states. Primergy features a diverse and talented team with decades of experience in renewables project development, financing, construction and operations. Primergy is a portfolio company of Quinbrook Infrastructure Partners and represents Quinbrook’s principal solar and solar plus energy storage investment platform in North America

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ENERGY

Tri Global Energy, a Leading U.S. Renewable Energy Developer, Acquired by Enbridge

Enbridge | October 03, 2022

Tri Global Energy (TGE), one of America's leading developers of renewable energy, has completed its acquisition by Enbridge, Canada's largest energy company. For the second quarter of 2022, the American Clean Power Association (ACP) ranked Tri Global Energy as number 10 in the U.S. for overall renewable energy development (onshore and offshore wind, solar, and battery storage projects), number three for onshore wind development nationally, and number one for onshore wind development in Texas, one of the world's largest producers of wind energy. ACP includes projects both under construction and in advanced development. Since its founding in 2009, Tri Global Energy has developed 8.7 GW of power from 37 total projects in seven states - Texas, Illinois, Indiana, Nebraska, Pennsylvania, Virginia, and Wyoming. TGE has successfully originated, developed and sold multiple projects to leading renewable equity partners such as NextEra, Copenhagen Infrastructure Partners and Engie. This includes 10 Texas wind projects, which are now in commercial operation. "When we established Tri Global Energy, we had a vision of creating a better way to develop wind energy projects. This proved to be what the industry needed to help accelerate the transition to renewable energy in the U.S., Today TGE is a leader in clean energy with a highly talented and experienced team. Our current opportunity with Enbridge allows for continued robust growth to meet the challenge of our lifetime – the transition to a low-carbon economy." -John B. Billingsley, Founder Chairman and CEO, TGE. Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside counsel to Tri Global Energy. About Tri Global Energy: Founded in 2009, Triu Global Energy is a leading renewable energy developer drawing on the natural, renewable resources of the wind and the sun to successfully address the growing demand for clean and sustainable energy. Tri Global Energy is among America's top utility-scale renewable energy developers. In fact, for more than a decade, the company has been the largest developer of wind energy projects currently under construction in Texas, the nation's leader in wind capacity.

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