SOLAR+STORAGE

Canadian Solar Wins 52 MWp Solar Project in Colombian Public Tender

Canadian Solar | November 09, 2021

Canadian Solar Inc. announced that it was awarded 52 MWp for the solar PV project Caracoli in the recent public auction by Colombia's Ministry of Energy.

The Caracoli project is located in the Atlántico Region in northern Colombia. The energy awarded will be acquired by a pool of reputable off-takers and will start delivering clean energy from 2023 through an inflation-indexed, Colombian Peso-denominated, 15-year power purchase agreement. The solar PV project has already completed the consultation process with indigenous communities (Consulta Previa) and is expected to start construction by the second quarter of 2022.

This project represents Canadian Solar's second landmark achievement in Colombia, after the recent awarding of the country's first utility-scale, stand-alone 45 MWh battery storage project located in Barranquilla.

"This achievement reinforces Canadian Solar's leadership position in Latin America and solidifies our entry into the Colombian market. We are excited about the strong market fundamentals and growth opportunities in the Latin American markets. We seek to expand our diversified portfolio of solar PV and battery storage projects in this region and will continue to support the Colombian government's targets to accelerate the deployment of clean, renewable energy."

Dr. Shawn Qu, Chairman and CEO, Canadian Solar Inc.

About Canadian Solar Inc.
Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 20 years, Canadian Solar has successfully delivered over 59 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built and connected over 6.1 GWp in over 20 countries across the world. Currently, the Company has around 400 MWp of projects in operation, nearly 6 GWp of projects under construction or in backlog (late-stage), and an additional 16 GWp of projects in pipeline (mid- to early- stage). Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006.

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TRANSPORTATION

Bird Publishes Independent Vehicle Life Cycle Analysis, Setting a New Standard for Emissions Reporting Quality

Bird Global, Inc. | October 06, 2022

Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, announced a major micromobility milestone as the company is set to become the first operator to achieve an ISO-critically reviewed vehicle Life Cycle Analysis (LCA), prompting a new industry standard and enabling reliable comparisons across European modes and vehicles. Bird’s cradle-to-grave LCA report confirms that the Bird Three, the company’s latest and most sustainable vehicle, has a lifespan of up to five years after refurbishment and is among the most climate-friendly vehicles on the road in European cities – including other shared modes and public transport. Travelers in European cities who take a Bird Three account for on average approximately 21% less greenhouse gas emissions per kilometer than taking the metro, 77% less than driving a gas-powered car, and 87% less than taking a ride-hail car1. The LCA emissions model was reviewed and documented by Ramboll, an independent Denmark-based engineering and consulting company, specializing in sustainability and corporate responsibility. The LCA is being critically reviewed by EarthShift Global, a third-party ISO expert, to ensure that the methods, data and analysis are consistent with ISO standards for LCA.2 Bird’s LCA is also one of the industry’s first aligned with the New Urban Mobility Alliance’s (NUMO) forthcoming LCA guide for cities. Manufacturing and assembly of Bird’s electric scooters is included within the LCA along with additional manufacturing of components for replacements, transportation of vehicles to target European cities, charging and fleet management and scooters’ disposal at end-of-life. Conservatively, the LCA takes no credit for Bird’s renewable energy credits, carbon offsets, or robust program of end-of-life recycling. The hardware and software powering Bird Three have been expertly crafted to create the most eco-conscious shared escooter available with best-in-class durability. Features include Aerospace-grade aluminum and the Bird Three’s proprietary battery system which travels farther on fewer charges, with industry leading IP68-rated battery protection to keep it safe from dust and water. The vehicle also boasts independently tested and verified impact resistance; pneumatic tyres and smart acceleration technology to reduce wear and tear. “Bird’s LCA sets a new industry standard for emissions reporting quality, enabling reliable comparisons across European modes and vehicles, and helping Bird to identify and reduce emissions wherever possible, Not only does this work further demonstrate our commitment towards the planet, but is a call to action for all other operators to follow the same standard so that together, we can address misconceptions around vehicle lifecycles and educate our city stakeholders with the information they need to make informed decisions when selecting a responsible micromobilty partner.” -Shane Torchiana, CEO, Bird By following expert recommendations and best-practice methods for their LCA, Bird is demonstrating leadership in their commitment to rigorous, transparent greenhouse gas emissions reporting, which will enable city governments to make more informed decisions and – if widely adopted – enable emissions reductions across the micromobility sector,” Leah Lazer, Research Associate, New Urban Mobility alliance (NUMO), World Resources Institute. About Bird Bird is an electric vehicle company dedicated to bringing affordable, environmentally-friendly transportation solutions such as e-scooters and e-bikes to communities across the world. Founded in 2017 by transportation pioneer Travis VanderZanden, Bird is rapidly expanding. Today, it provides fleets of shared micro-electric vehicles to riders in more than 450 cities globally and makes its products available for purchase at www.bird.co and also via leading retailers and distribution partners. Bird partners closely with the cities in which it operates to provide a reliable and affordable transportation option for people who live and work there. Emission rates for Bird scooters: Ramboll Consulting. "Bird Life Cycle Assessment of Transportation Using Bird’s Electric Scooters." October 2022. Emission rates for other modes: Pierpaolo Cazzola and Philippe Crist. "Good to Go: Assessing the Environmental Performance of New Mobility." Life Cycle Assessment model, specified to EU28 countries. International Transport Forum (ITF). Paris, September 2020. https://www.itf-oecd.org/sites/default/files/life-cycle-assessment-calculations-2020.xlsx Comparisons across modes are directionally indicative, but not exact, as the analysis combines data from two studies. ISO is the International Organization for Standardization based in Geneva. ISO standards define the highest quality business practices -- whether for quality assurance, sustainability, risk management, governance, or other topics. ISO standards are agreed by committees of international experts. Alignment with ISO standards is not reviewed by the ISO itself, but by expert reviewers who evaluate compliance with the applicable standard. In this case, Bird’s LCA was completed independently in compliance with ISO standards by Ramboll Consulting.

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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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SOLAR+STORAGE, STRATEGY AND BEST PRACTICES

Ardagh Group's new solar energy across the Netherlands

Ardagh Group | October 07, 2022

Ardagh Group S.A., (inclusive of Ardagh Metal Packaging and Ardagh Glass Packaging) and its renewable energy partners Eneco and Zoncoalitie are delighted to announce the start of construction for three on-site solar projects in the Netherlands. The solar installations will supply renewable on-site generated electricity to Ardagh's Dongen, Moerdijk and Oss facilities and are part of Ardagh's strategy to use 100% renewable electricity by 2030. The Netherlands is the first country where Ardagh will supply all of its production facilities with on-site generated sustainable energy via large-scale solar energy installations, with plans to further roll out the technology with local energy partners across all regions. "It's an exciting time for Ardagh's renewable energy programme. These state-of-the-art solar installations will supply renewable electricity to all of our metal and glass facilities across the Netherlands, which will make a significant impact in reducing our carbon footprint." -Adam Koehler, Global Renewable Energy Programme Manager at Ardagh Group Ardagh used independent solar energy specialist Zoncoalitie to conduct an extensive technical commercial and feasibility assessment, plus a tender and award process, selecting Eneco to deliver the Netherlands installations. Ardagh is delighted to partner with Eneco, a leading energy company with its own plan to become climate neutral by 2035 in its own activities and the energy it supplies to customers. Approximately 24,700 panels will be installed across the three locations and will soon be able to generate approximately 12,677 MWh of renewable electricity each year. In 2020, Ardagh launched its Renewable Energy Programme to implement its strategy and oversee its renewable electricity activities. The company's strategy is built on a combination of on-site, near-site and off-site renewable electricity projects. In Europe, five on-site solar projects (in the Netherlands, Irvine, Scotland and Dublin, Ireland) will replace 15,000 MWh of electricity consumption from the grid, while avoiding the release of 6,050 tons of carbon emissions per year. This represents 1% of Ardagh's total electricity consumption in this region. About Ardagh Group Ardagh Group is a global supplier of infinitely recyclable metal and glass packaging for brand owners around the world. Ardagh operates 65 metal and glass production facilities in 16 countries, employing more than 20,000 people with sales of approximately $10bn.

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