SinglePoint Inc | October 19, 2020
SinglePoint Inc is pleased to announce the company's solar subsidiary Direct Solar of America has signed an agreement with Stellar Energy. The agreement provides Direct Solar of America the ability to sell projects throughout California including residential, and commercial solar as well as Energy Storage systems. This provides an instant growth opportunity as it provides a path to the nation's leading solar market California. Additionally, it provides Direct Solar of America the ability to offer multiple energy storage solutions as part of the company's service offerings. Congruently, Direct Solar America and Stellar Energy have signed agreements to make Stellar Energy a sales partner for Direct Solar of America in Illinois. We feel this union will significantly increase production for both companies in a very hot and growing market.
Read More
ENERGY
Nucor Corporation | March 25, 2021
Nucor Corporation today announced the signing of a 10-year Virtual Power Purchase Agreement (VPPA) with Ørsted Onshore North America, LLC for 100 megawatts from Ørsted's Western Trail wind farm (WTW) in North Texas. This is Nucor's second VPPA agreement. Nucor signed a VPPA with EDFR Renewables North America last year to be the sole off-taker for EDFR's 250-megawatt Brazos Fork solar power plant, also in Texas. Nucor's VPPA with Ørsted's WTW initiative complements the company's Brazos Fork involvement. These two projects have the potential to provide clean energy to the regional electric grid 24 hours a day, seven days a week.
"As an Electric Arc Furnace (EAF) steelmaker and North America's largest recycler, Nucor is already among the cleanest and most sustainable steel producers in the world. This agreement will enable us to further reduce our climate footprint beyond our operations," said Leon Topalian, President & Chief Executive Officer of Nucor Corporation. "Supporting the growth of renewable power generation is not only fundamental to who we are as a company, but it also allows us to continue to lead the way forward for the global steel industry."
The WTW project by Ørsted is currently under construction and is set to be in service later this year. The project, which combines Nucor steel and steel products, is intended to continue generating power even though extremely severe weather, such as the recent storms in Texas.
"We're excited to partner with Nucor in their efforts to invest in clean, renewable energy," said Vishal Kapadia, Senior Vice President and Chief Commercial Officer for Ørsted Onshore. "The PPA at Western Trail demonstrates our ability to provide customized solutions to support the achievement of corporate sustainability ambitions."
About Nucor
Nucor and its subsidiaries are steel and steel component producers with operations in the United States, Canada, and Mexico. Carbon and stainless steel in bars, beams, board, and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; steel grating; and wire and wire mesh are among the products manufactured. Nucor also brokers ferrous and nonferrous metals, pig iron, and hot briquetted iron / direct reduced iron, supplies ferro-alloys, and processes ferrous and nonferrous scrap through The David J. Joseph Company. Nucor is the major recycler in North America.
Read More
Prnewswire | October 01, 2020
Roll-A-Rack, a faster, lower-cost, ballasted solar-racking solution, will unveil its first portable, roll-forming machine in October at its virtual SPI 2020 showroom. Click here for a video showing the inside working of the first solar-racking, roll-forming machine. The new roll-forming machine has been built by Roll-A-Rack manufacturing partner, New Tech Machinery in Denver, Colo. Like seamless rain gutters, which are cut to length on each installation site by a portable roll-forming machine, Roll-A-Rack produces custom solar racking on site and on demand. The new system simplifies the solar racking supply chain, eliminates waste and speeds installation time.
Read More