ENERGY, INDUSTRY UPDATES
NuScale Power | September 08, 2022
NuScale Power Corporation (NuScale) and Habboush Group (HG) have entered into an agreement forming a strategic alliance that establishes a “one-stop-shop” for the financing, investment, development, execution, and management of NuScale-powered projects and opportunities.
This new globally-oriented, strategic alliance between NuScale and HG – along with energy transition platform ENTRA1 – aims to provide integrated capabilities for financing, investment, development, management and execution of large-scale assets and projects in connection with the rapidly growing global demand for NuScale’s premier clean energy solutions.
“We are delighted to work with the Habboush Group and ENTRA1 as we continue to make progress toward delivering clean, reliable, and safe energy solutions to customers around the world, Our technology is critical to supporting the clean energy transition and we hope that this strategic partnership will increase access to our trailblazing SMR technology and the carbon-free electrical power that the world needs.”
-NuScale President and Chief Executive Officer John Hopkins.
As the world’s energy demand grows with a need for sustainable and reliable baseload production, NuScale’s technology can play a significant and multifaceted role in the global energy transition,” said W Habboush, CEO for HG. “We are looking forward to working with partners, stakeholders and financial institutions who share our interest and responsibility towards the future of the world’s energy transition and serving humankind.
NuScale’s proprietary and innovative carbon-free baseload and load-following power solution, the NuScale Power Module™, is the only viable, near-term deployable U.S. advanced nuclear small modular reactor (SMR) technology. NuScale’s SMR technology is safe, reliable and scalable and the first and only to receive Standard Design Approval from the U.S. Nuclear Regulatory Commission.
About NuScale Power
NuScale Power (NYSE: SMR) is poised to meet the diverse energy needs of customers across the world. It has developed small modular reactor (SMR) nuclear technology to supply energy for electrical generation, district heating, desalination, commercial-scale hydrogen production, and other process heat applications. The groundbreaking NuScale Power Module™ (NPM), a small, safe pressurized water reactor, can generate 77 megawatts of electricity (MWe) and can be scaled to meet customer needs. NuScale’s 12-module VOYGR™-12 power plant is capable of generating 924 MWe, and NuScale also offers four-module VOYGR-4 (308 MWe) and six-module VOYGR-6 (462 MWe) power plants, as well as other configurations based on customer needs. Founded in 2007, NuScale is headquartered in Portland, Ore., and has offices in Corvallis, Ore.; Rockville, Md.; Charlotte, N.C.; Richland, Wash.; and London, UK. To learn more, visit NuScale Power's website or follow us on Twitter, Facebook, LinkedIn and Instagram.
ENTRA1 is a private investment platform purpose-built to create value by addressing global transformations. ENTRA1 believes in supporting investments and developments that bring positive impacts to communities around the world with a focus on global energy, infrastructure and related technology sectors. As different parts of the world adopt new ways related to energy transition and sustainable infrastructure, ENTRA1 believes in contributing skillsets in origination, development, structuring, management and execution of proprietary large-scale global opportunities across the capital structure. (www.entra1.com)
About Habboush Group
HG is an international private asset management firm focused on developing, managing, operating and financing proprietary opportunities predominantly in energy and infrastructure sectors drawing on more than 40 years of experience and capabilities in executing projects. HG, along with its professional team, brings a history of strategically partnering and working with publicly-traded organizations and financial institutions. (www.habboushgroup.com)
SOLAR+STORAGE,STRATEGY AND BEST PRACTICES
Keysight Technologies, Inc. | December 02, 2022
Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced the new MP4300A Series Modular Solar Array Simulator (SAS) to emulate the behavior of photovoltaic (PV) segments. The SAS solution simulates all conditions a craft or satellite will encounter in space with high fidelity.Launching solar-powered spacecraft or satellites is incredibly expensive, with little possibility of recovery or repair. These vehicles must have efficient and reliable power management systems, which often cannot be tested by using actual solar panels to provide power. Engineers must have a test solution that can verify a spacecraft’s power management system through high fidelity PV emulation.
Keysight’s new MP4300A SAS addresses this challenge with a 6-kW modular power supply, supporting fast current-voltage (I-V) curve changes with a quick recovery time that mimics rapidly changing conditions in space.
The MP4300A SAS offers the following key benefits:
Industry-leading power density of 6 kW in 2U of rack space, which can reduce capital expenditures.
A modular SAS platform, the first in the industry.
Reduced thermal challenges due to the MP4300’s high power density, 2-quadrant capabilities, and the hardware’s regenerative power technology.
Flexible power and performance options allowing the six modules to be switched out as test requirements change. Offers two classes of 1kW SAS modules:
MP4361A 160V/10A auto-ranging module.
MP4362A 130V/8A module.
Support for rapid deployment of SAS systems with demanding performance requirements by allowing control of up to six channels through a single I/O port with a familiar programmatic interface.
“Analyzing power generation is an important part of the satellite design and validation process. With the MP4300 series, Keysight gives engineers the solution they need to accurately emulate conditions in space and accelerate the testing of new PV array designs, speeding time-to-market, and reducing the risk of failure after deployment.”
-Greg Patschke, General Manager of Keysight’s Aerospace Defense and Government Solutions group
Additional information about Keysight's new MP4300A Series Modular Solar Array Simulator is available at: https://www.keysight.com/us/en/products/dc-power-supplies/dc-power-solutions/mp4300-series-solar-array-simulator-system.html
About Keysight Technologies
Keysight delivers advanced design and validation solutions that help accelerate innovation to connect and secure the world. Keysight’s dedication to speed and precision extends to software-driven insights and analytics that bring tomorrow’s technology products to market faster across the development lifecycle, in design simulation, prototype validation, automated software testing, manufacturing analysis, and network performance optimization and visibility in enterprise, service provider and cloud environments. Our customers span the worldwide communications and industrial ecosystems, aerospace and defense, automotive, energy, semiconductor and general electronics markets. Keysight generated revenues of $5.4B in fiscal year 2022. For more information about Keysight Technologies (NYSE: KEYS), visit us at www.keysight.com. Additional information about Keysight Technologies is available in the newsroom at https://www.keysight.com/go/news and on Facebook, LinkedIn, Twitter and YouTube
Itron and SmartThings | September 27, 2022
Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, and SmartThings, Inc. are working together to provide an integrated energy experience by connecting Itron’s industrial IoT (IIoT) network solution and SmartThings’ services and solution. The companies plan to combine their industry leading IoT platforms to allow utilities to unlock the user experience and rapidly enhance value to both the consumer and the utility through improved distributed energy management, accelerated carbon reduction and enhanced consumer engagement.The collaboration will combine Itron’s proven distributed intelligence (DI) ecosystem, which features millions of connected endpoints, with SmartThings Energy service1 to provide real-time energy readings and consumption patterns to improve energy management and conservation. The combined solution, which will support multiple connectivity options, will bring together participating consumers’ real-time consumption data from their meter, behind the meter assets and appliances all within the SmartThings Energy, giving the consumer a complete picture of their energy consumption.
Consumers that opt into their utility’s program will gain greater visibility into their energy use and reduce their usage while enabling utilities to improve overall grid management and visibility as well as advance carbon reduction goals. For example, utilities will be able to enhance their demand response (DR) programs with AI Energy Saving mode combined with high-fidelity real-time data from Itron’s IIoT solution to initiate DR events for participating consumers, reducing the energy load of their appliances.
Benefits of the collaboration include:
Enhancing value to consumers – A complete view of consumers' energy consumption can be obtained through the application, which displays both the whole house real-time consumption information provided by Itron as well as the preexisting app features that show real-time data use of smart appliances.
Enhancing value to utility – Utilities will be able to engage the rapidly growing base of SmartThings app users to enroll in energy efficiency, demand response and EV charging programs. A total of 230 million people have downloaded the SmartThings app, and Samsung expects to grow to 500 million users within five years. This combined with Itron’s millions of connect DI devices will allow utilities to enhance their distributed energy management programs.
Enhancing the enrollment experience – SmartThings’ enhanced enrollment experience can be applied into utility programs for energy efficiency, demand response, and EV charging – directly from the SmartThings application. Using this comprehensive view of energy consumption over time, utilities may identify likely customers to enroll EV and solar customers into the application.
Enhancing innovation with improved high-fidelity data – Itron, its utility partners, and SmartThings can leverage the cloud-to-cloud integration to provide consumers with an easy, secure way to authorize data access to DI application data, whole building consumption data and more. Consumers can also securely share data from their millions of connected devices with the utility or authorized third parties to enable seamless collaboration.
More details and information about Itron and Samsung SmartThings’ collaboration will be available soon.
“We are excited to join forces with Samsung SmartThings to drive the future of IoT, combining Itron’s unequaled track record of success in delivering utility outcomes with SmartThings’ expertise in consumer engagement, Combining two industry leading platforms is a game changer for energy management. This collaboration will significantly accelerate consumers’ understanding of their energy use, combining information from smart energy devices such as Samsung appliances, electric vehicles, solar panels, heat pumps, thermostats and more. Our goal is to enable consumers to optimize their use of green, renewable energy and reduce their carbon footprint.”
-Don Reeves, senior vice president of Outcomes at Itron.
With this collaboration, we are enabling consumers to make smarter decisions about their energy use. Integrating Itron’s IIoT solution with the SmartThings Energy application will not only make it easier for utilities to inform their customers on their energy consumption, it will also make it easier for consumers to take advantage of energy savings opportunities in their smart appliances,” said Chanwoo Park, EVP & Head of IoT Biz Group, Samsung Electronics. “We are thrilled to collaborate with Itron as this not only conserves energy but also aligns with our customers’ goals of achieving net-zero carbon households.
Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
SmartThings is the premier technology enabling connected living and driving the future of IoT. Its open platform already supports thousands of devices across hundreds of brands and offers endless possibilities to innovators and developers seeking seamless connectivity in a vast IoT ecosystem. The company is committed to bringing simple, smart functionality to provide unifying experiences that inspire people to make a difference in their everyday lives. There are currently millions of people in more than 200 countries accessing SmartThings technology daily to create automations and control facets of their smart homes via the SmartThings App and through a range of Samsung products such as phones, TVs, and digital appliances. SmartThings offers the most flexible amount of protocols, including the new IoT standard, Matter. Launched in 2012, SmartThings is headquartered in Mountain View, CA and is a founding board member of Connectivity Standards Alliance, an organization of hundreds of companies creating, maintaining, and delivering open, global standards for the IoT. For more information, please visit www.smartthings.com.