ATLAS RENEWABLE ENERGY ANNOUNCES USD$152 MILLION FOR FINANCING OF THREE SOLAR ENERGY PLANTS IN BRAZIL

Illinois Solar Energy Association | March 18, 2019

Atlas Renewable Energy, leader in clean energy in Latin America, announced the completion of long-term financing of three of its solar energy plants in Brazil for a total amount of USD $152 million. The financing was obtained through Banco do Nordeste (BNB), backed by an equivalent sum of commercial bank guarantees from BTG Pactual, Banco ABC Brasil, and Banco Bradesco. Together, the plants will have an installed capacity of more than 300 MWps, which has allowed them to achieve new standards for financial alliances and boost the Brazilian energy sector to higher levels of solar capacity. Each project has a 20-year power purchase agreement (PPA) with the Chamber of Electricity Sales (Câmara de Comercialização de Energia Elétrica- CCEE). It is estimated that the combined energy produced of 672.8 GWh / year will provide clean energy for a total of 470,000 families per year. Atlas Renewable Energy estimates that the operation of the plants will prevent the emission of 108,000 tons of CO2 per year.

Spotlight

This is the year when the fight against climate change could take a dramatic turn. The conference in Paris in December presents political and business leaders with the opportunity to take the critical decisions needed if we are to keep average temperature rises to no more than 1.5 or 2 degrees Celsius.

Spotlight

This is the year when the fight against climate change could take a dramatic turn. The conference in Paris in December presents political and business leaders with the opportunity to take the critical decisions needed if we are to keep average temperature rises to no more than 1.5 or 2 degrees Celsius.

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SOLAR+STORAGE

Angel Yeast Strengthens Low-Carbon Measures to Advance Global Sustainable Development

Capstone Green Energy | March 14, 2022

Angel Yeast Co., Ltd., a publicly traded global yeast and yeast extract company, has achieved another milestone in its green quest toward carbon neutrality by being awarded one of China's "Green Factories" by the Ministry of Industry and Information Technology. The award demonstrates its unwavering dedication to reducing its operations' carbon footprint and demonstrates its tremendous and long-standing commitment to energy conservation and environmental protection. "As a leading global yeast innovator dedicated to bringing healthy and nutritious yeast-based products to customers worldwide, Angel Yeast shares the global responsibility to drive forward sustainable development by continuously advancing our pledge to reduce energy consumption and carbon emissions. The recognition from China's Ministry of Industry and Information Technology marks another major step for Angel Yeast in our drive to help China and the world accelerate towards the net-zero goal, " -Xiao Minghua, General Manager of Angel Yeast. Angel Yeast has increased investment in its manufacturing facilities to equip them with various carbon-reducing solutions—including energy-saving equipment and waste heat and pressure recovery—to reduce energy consumption and meet the company's new green energy production requirements. The company has increased its reliance on solar energy while decreasing its dependency on fossil fuels. Angel Yeast's factories can now recover waste heat created during manufacturing, increasing energy efficiency and reducing steam use. On the other hand, Angel Yeast can use more power because it uses cutting-edge water recycling technology in its business. In 2021, Angel Yeast began work on adding magnetic levitation fans at its Suixian and Binzhou manufacturing facilities. As a result, all of Angel Yeast's manufacturing facilities now include magnetic levitation fans. In addition, Angel Yeast also enhanced the boiler automation for its Egypt-based company in the same year, installing magnetic suspension chillers for its yeast manufacturing plant in Chongzuo. Another thing that happened this year was that Angel Yeast made twenty-eight technological changes to its plants worldwide. This meant that the company cut its carbon dioxide output by 19,700 tons, cut its power consumption per ton of yeast by 1.4 percent, cut its steam consumption by 2.5 percent, and cut its water consumption by 3.1 percent.

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ENERGY

Sensatek Takes Innovative Technology to Future of Renewable Energy

Sensatek Propulsion Technology, Inc. | November 22, 2021

As scientists and innovators work to find the replacement of fossil fuels, one renewable energy source is at the forefront – wind. Sensatek Propulsion Technology is bringing efficiency to the race for renewable energy with its passive RF temperature sensors. Sensatek’s in situ sensing system measures, monitors, and reports data back, which will provide wind turbine farms the information needed to be successful and keep their equipment running longer. Over the last few years, there has been a growth in interest for renewable energy around the world, with an emphasis on wind energy. Wind turbines and land-based farms are steadily increasing, and research is at an all-time high for off-shore wind farms. As the world ramps up its interest in this renewable energy source, Sensatek brings its RF sensors to the playing field. The technology company, funded in part by the National Science Foundation, takes the same technology it has had major success with in power generation, aerospace, oil and gas and aviation industries to wind turbine testing. Sensatek’s manufactured RF sensors will be able to online monitor and measure downtime of wind turbines that results in loss of revenue, as well as monitor shaft, gearbox, and generator failures. Expanding into the wind turbine industry was a no-brainer for us. At Sensatek, our mission is to provide quicker, more accurate data on engines. Our team has learned a lot and received early success increasing efficiency for gas turbines, and we’re confident we can apply this experience to wind turbines as well. We’re working to make our communities safer, greener places.” Reamonn Soto, founder and CEO of Sensatek Sensatek’s technology comes with many benefits for the wind turbine industry. With the knowledge and measured data on how and precisely when the wind turbines are operating, companies will be able to the lower the cost of energy production for their turbines. “We look forward to continuing to expand how and where our technology is used,” said Soto. “We knew wind turbine testing was the next step in the right direction.” With a meeting already on the books this fall with a major power plant, Sensatek will continue to research and develop the future of wind turbine measuring technology. About Sensatek Propulsion Technology, Inc. Sensatek Propulsion Technology, Inc. is a venture capital backed company headquartered on Florida's Space Coast in Daytona Beach, Florida. Sensatek offers advanced sensing technology to help optimize systems used in harsh environments. Their manufactured rotating sensing system, Turbotrack, measures and tracks changes in temperature, strain, and torque allowing system owners to capture more value on revenue generating assets.

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SUSTAINABILITY

Array Technologies Partners with RP Construction Services Sign 1GW purchase Agreement

Array Technologies | December 01, 2020

Array Technologies, Inc. today declared it has gone into a consent to gracefully 1GW of DuraTrack® HZ v3 single-pivot sun oriented trackers to RP Construction Services, Inc. Conveyances under the arrangement are required to start this December and proceed through the finish of 2021. RPCS gives configuration construct administrations to little and medium-sized ground-mounted sun based energy ventures over the U.S. what's more, is the main contractual worker for sun based energy ventures under 25 MWs. "The underwriting of the portion driving temporary worker for circulated energy ventures underscores both the strength of our item offering and the worth our trackers can make for tasks, all things considered. The little utility, civil, medium-sized business and network sun oriented business sectors are developing quickly, and working together with RPCS to address this portion of the market should additionally quicken our development in the U.S. I am additionally satisfied that this request follows on the Lightsource bp buy understanding declared recently, making it the second request more than 1 GW that we have gotten in the previous 30 days," said Jim Fusaro, Chief Executive Officer of Array. “We are incredibly excited about expanding our relationship with Array. They have the best system in the marketplace in terms of ease of installation, reliability, and durability. We have more than tripled the size of our company with their products over the past three years, and we look forward to continuing that growth with this agreement,” said Eb Russell, Chief Executive Officer of RPCS. About Array Technologies, Inc. Array Technologies is a leading global technology company providing tracker solutions and services for utility-scale solar energy projects as one of the world's largest manufacturers of ground-mounting systems. With efficient installation and terrain flexibility coupled with high reliability, durability, and performance, Array delivers a lower levelized cost of energy. The Company's focus on innovation, combined with its customer-centric approach, has helped achieve some of the industry's best returns. Array Technologies is headquartered in the United States with offices in Europe, Central America, and Australia. Contact us at arraytechinc.com or view our LinkedIn page. About RPCS RPCS provides turnkey design and installation services for ground-mounted solar energy projects in the U.S. with a focus on the distributed generation market. The Company has completed more than 700 projects, representing 2 GW of generation capacity, since 2015. RPCS combines a team-oriented culture that values all employees with innovative, tech-enabled work practices to deliver projects of all sizes on-spec and on-time.

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