EDF Renewables | February 07, 2023
EDF Renewables North America recently announced that it had signed a 20-year virtual power purchase agreement (VPPA) with Thermo Fisher Scientific, one of the world leaders in serving science. The VPPA covers the entire output of the 200-megawatt ac/256-megawatt direct current (MWac/MWdc) Millers Branch Solar Project, which is in Texas and will begin commercialization in the year 2025, December. The addition of Miller's Branch to renewable energy procurement portfolio of Thermo Fisher has resulted in the company purchasing enough renewable energy to cover 100% of its present annual electricity consumption in the United States by 2026.
According to U.S. (EIA) Energy Information Administration after completion, the project is expected to produce 545,000 MWh of renewable energy annually, sufficient to supply the needs of approximately 51,000 average homes. This will avoid the equivalent the greenhouse gas emissions from 83,000+ gasoline-powered passenger vehicles driven in one year, as calculated by the U.S. EPA Greenhouse Gas Equivalencies.
As North America's largest renewable developers, EDF Renewables, is committed to offering solutions that meet the carbon-reduction goals of the customers. EDF Renewables, with 35 years of experience and 24 gigawatts of solar, wind, and storage projects developed, offers integrated energy solutions ranging from grid-scale power to electric vehicle charging.
About EDF Renewables North America
Based in San Diego, California, EDF Renewables one of the North America's market leaders in producing independent power and scale power. Established in 1987, the company has expertise in renewable energy with 35 years of experience. It provides grid-scale power: wind (onshore and offshore), storage projects and solar photovoltaic; distribution-scale power: solar and storage; asset optimization: operational, technical, and commercial expertise to increase the performance of creating projects, and onsite solutions, through its PowerFlex subsidiary. In addition, it offers a full suite of onsite energy solutions for industrial and commercial customers: solar, storage, energy management systems, EV charging, and microgrids.
Enverus | March 03, 2023
RatedPower (a part of Enverus company), a SaaS platform for the green energy sector, has recently released its annual findings from different industry experts and simulations worldwide and predicted the trends in the solar and renewable energy sector for 2023.
According to the findings, renewable energy companies would focus on enhancing the adoption of renewable energy power generation, energy storage investment, reducing the levelized cost of electricity, and fuel diversification at geographical and energy source levels. The green energy industry has faced challenges like supply chain disruption, pandemic influence, increased equipment prices and reduced availability in 2022. During the pandemic, there was an energy crisis, and governments and businesses increased investments in clean energy and decreased reliance on fossil fuel imports along with increasing new global capacity installations.
VP of Power & Renewables at Enverus and Co-founder of RatedPower, Andrea Barber said, "In the year ahead, we expect the green transition to provide a massive boost to investments in solar photovoltaics(PV) — for residential, commercial and industrial, and for utility-scale installations. The industry is increasingly looking at ways to incorporate battery storage and clean, green hydrogen into renewable installations to maximize supply."
(Source – Cision PR Newswire)
General Manager of Power & Renewables at Enverus, Bernadette Johnson said, "The energy evolution is not clearly mapped out for us; it is a winding, twisting road full of potholes. All these twists, turns and bumps make the market one that is full of risk but, more importantly, of opportunity as well. At Enverus, we continue to work endlessly to eliminate the gaps and help you make intelligent connections between all parts of the project lifecycle from siting through operations, so you can minimize investment risks and maximize returns."
(Source – Cision PR Newswire)
Headquartered in Austin, Texas, Enverus, a software development company, provides a single platform for management, development, and acquisition within the whole energy value chain. It offers in-depth analysis, real-time access, insights, benchmark costs, and revenue data and enhances support to the energy strategy with actionable intelligence. It helps green energy companies from early-stage investment to full-scale development. It discovers unseen insights, opportunities, and actions for extraordinary outcomes. Many financial institutions and energy companies count on its analysis, intelligence and technology for capital investment decisions and to increase investor ROI.
Stem | February 02, 2023
Stem, a global leader in AI-driven sustainable energy solutions and services, recently announced its combined eMobility offering with ChargePoint Holdings, Inc., a major EV charging network. The two companies are collaborating to enable EV charging station owners, developers, and operators to achieve economic, environmental, and resilience benefits.
The joint offering will aid asset holders with state and federal procedures for securing National Electric Vehicle Infrastructure (NEVI) Program funding incentive and the high energy demand EV charging sites to increase operational savings and backup power. In addition, the integration will reduce costs, increase resilience, minimize greenhouse gas (GHG) emissions, facilitate data sharing, and improve user experience.
CEO of Stem John Carrington said, “Stem is excited to partner with ChargePoint to help customers quickly design, develop, and operate cost-effective EV charging infrastructure projects that deliver real value. Electrification of transportation is creating a new load category that is expected to equal one-third of all U.S. electrical load. For Stem, eMobility is expected to represent approximately 50% of our behind-the-meter activity in three years, representing a multi-billion opportunity with our Fortune 500 customers.”
(Source – Business Wire)
Pasquale Romano, CEO of ChargePoint, stated, “An integrated ChargePoint and Stem solution broadens the number of sites that can support high-speed charging economically at scale.”
(Source – Business Wire)
As the first public pure-play smart energy storage company, Stem delivers and runs battery storage solutions that maximize renewable energy generation and construct a cleaner, more resilient grid. Project developers, utilities, Fortune 500 corporations, and independent power producers are its clientele. Stem's Athena software is used by the largest network of distributed energy storage systems in the world to lower energy prices and make renewable energy less unpredictable.