Clean Energy Technology Market in China to Grow at a CAGR of 11.6%

Digital Journal | March 24, 2019

A new business intelligence report released by HTF MI with title "Clean Energy Technology Market in China 2014-2018" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Clean Energy Technology Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some of the key players profiled in the study are Alstom, China National Nuclear (CNNC), Suntech Power Holdings, Trina Solar, Yingli Green Energy Holding, Xinjiang Goldwind Science & Technology, China Ming Yang Wind Power Group, Dongfang Electric, Envision Energy, Guodian United Power, JA Solar Holdings, JinkoSolar Holding, LDK Solar, Mitsubishi Heavy Industries, ReneSola, Shanghai Electric Group, Shanghai Taisheng Wind Power Equipment, Sinovel.

Spotlight

Heading into 2018, the renewable energy industry faces an unusual degree of policy uncertainty, but it’s also riding some strong tailwinds. Topping the list of proposed policies or rulings contributing to uncertainty are tax reform and the solar trade case, which have slowed wind and solar deal activity as they wind their way through the federal legislative and executive branches.

Spotlight

Heading into 2018, the renewable energy industry faces an unusual degree of policy uncertainty, but it’s also riding some strong tailwinds. Topping the list of proposed policies or rulings contributing to uncertainty are tax reform and the solar trade case, which have slowed wind and solar deal activity as they wind their way through the federal legislative and executive branches.

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SUSTAINABILITY,ENERGY

Dole Installs Two Wind Turbines, Delivering Clean Electricity to Soledad Salad Processing Facility

Dole Food Company | November 17, 2022

Dole Fresh Vegetables, a division of Dole plc (NYSE: DOLE) announced the implementation and activation of two General Electric 2.8-Megawatt wind turbines at its salad processing plant in Soledad, CA.Each Dole turbine generating power to the facility stands 499 feet tall at maximum height with rotor diameters of 417 feet. Whenever sufficient wind is present to rotate the blades, electrical energy is automatically generated, 24 hours per day, seven days per week. This energy is primarily delivered to the Dole facility’s electrical system with any excess clean energy generated flowing directly to the Pacific Gas & Electric grid. The environmental benefits of the project are expected to be significant according to forecasts. Pursuant to the Environmental Protection Agency’s Greenhouse Gas Equivalency Calculator,1 this wind project is estimated to directly reduce CO2 emissions by 14,921 tons per year. “Representing an important milestone in our sustainability journey, these turbines will have a substantial impact on our operations’ carbon footprint, They are projected to produce over 19 million kilowatt hours of clean electricity per year, which will result in a 70% offset to our overall energy consumption at this site.” -Timothy Escamilla, President of Dole Fresh Vegetables The Environmental Protection Agency has roughly estimated the positive annual impacts of these turbines to be equivalent to offsetting the electricity use of 2,634 American Homes. Seeking domestically produced renewable energy and reducing the company’s reliance on fossil-fuel power to make a markable positive impact against climate change is in line with the company’s The Dole Way framework. Launched in 2020, the program’s goal is to keep improving opportunities for communities around the world by being an important pioneer of change. With the facility’s focus on harnessing wind power Dole will also be contributing to the stability of the local electric grid. Salinas Valley possesses a unique geography that provides a strong and consistent wind during the summer months, and particularly in the evening when the electrical grid is most stressed and utilizes more fossil fuel peaker power plants. The Dole wind turbines were manufactured by General Electric and installed by Foundation Windpower LLC, a developer, owner, and operator of utility-scale wind projects. The project was facilitated and brought to completion with the help of Ryan Park, of Spiral Energy LLC. “These state-of-the-art Dole turbines represent the seventh Foundation Windpower installation in the Salinas Valley, We are proud to work with progressive thinking companies like Dole that don’t just talk about reducing hydrocarbon emissions and oil dependence in their operations but take active steps to make it reality.” -Steve Sherr, Executive Senior Vice President of Business Affairs for Foundation Windpower About Dole Food Company Dole Food Company, part of Dole plc, is one of the world’s largest producers and marketers of high-quality fresh fruit and fresh vegetables. Dole is an industry leader in many of the products it sells, as well as in nutrition education. For more information, please visit www.dole.com. About The Dole Way In April 2020, Dole Food Company announced The Dole Way, introducing its sustainability commitment and framework around People, Nature and Food. For more information, please visit www.dole.com

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STRATEGY AND BEST PRACTICES, TRANSPORTATION

Allison Transmission Introduces the eGen Force™ Electric Hybrid Propulsion System for Armored Combat Vehicles

Allison Transmission | October 11, 2022

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to introduce the eGen Force™ electric hybrid propulsion system for tracked combat vehicles. Designed for 50-ton tracked vehicles, the eGen Force meets the requirements for the U.S. Army’s Optionally Manned Fighting Vehicle (OMFV) program. The eGen Force is also scalable to 70-ton tracked vehicles, making it capable of meeting future Main Battle Tank requirements as well. This product is more than a transmission – it is a power distribution system featuring an electric motor and inverter for on-board vehicle power and parallel hybrid operation, said Dana Pittard, Vice President, Defense Programs, Allison Transmission. “This enables engine-off mobility to reduce enemy detection – both acoustic and thermal – ideally increasing soldier survivability. Allison has combined its decades of experience with both combat vehicle and electric hybrid propulsion solutions to develop the new eGen Force system. Prior to initiating the design of the eGen Force, Allison leveraged voice of customer by conducting a comprehensive trade study based on more than 70 years of cross-drive development to select the optimal architecture for an electric hybrid combat vehicle with the goal of optimizing efficiency, performance, reliability and manufacturability. To reduce developmental risk, Allison has combined established parts from its X1100-3B1 transmission, used in the Abrams Main Battle Tank, with new components that follow proven design strategies for the gearing. The high efficiency range pack utilizes eight forward and three reverse gears providing an efficient 12:1 ratio coverage and generates 220 kilowatts of electrical power. “We are very pleased with sub-system performance testing and validation, Currently the eGen Force has began dyno and engine stand testing followed by vehicle testing in early 2023. System and vehicle level integration expertise is a core competency and differentiator for Allison, and we are proud to deliver these next generation capabilities in partnership with our defense customers.” -Michael York, Executive Director, Defense Engineering, Allison Transmission. Allison is proud to partner with American Rheinmetall Vehicles (ARV) to integrate the eGen Force into their OMFV offering. The ARV vehicle delivers best-in-class mobility and unmatched power in a highly maneuverable and modern chassis that will transform the way soldiers and squads accomplish their mission. The eGen Force, along with the eGen Power® electric axle for medium- and heavy-duty vehicles, will be on display at the AUSA Annual Meeting and Exposition from October 10-12, 2022, at the Walter E. Washington Convention Center, Washington D.C., Hall E, Booth #8409. About Allison Transmission Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has more than 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com

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TRANSPORTATION

Fisker and Wallbox Partner Globally for Home EV Charging Solutions

Fisker and Wallbox | September 26, 2022

Fisker Inc. (NYSE: FSR) ("Fisker") – passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – and Wallbox (NYSE: WBX), a leading provider of electric vehicle and energy management solutions worldwide, name Wallbox as Fisker's global partner for home EV charging solutions Fisker and Wallbox are partnering to offer Fisker EV owners Wallbox home EV chargers for purchase through the Fisker website in the U.S., Canada, and European launch markets. The Pulsar Plus, Wallbox's best-selling charger worldwide and one of the smallest smart universal EV chargers, will be available to the North American market through Fisker. In Europe, Fisker will be the first OEM to offer Wallbox's Pulsar Max charger, providing localized charging solutions to drivers in seven European countries. Like Pulsar Plus, Pulsar Max delivers top charging speeds and offers the full Wallbox energy management suite, including solar charging, so users can enjoy their EVs to the fullest. Both chargers display customized Fisker and Wallbox logos and can be installed in homes, offices, and multi-unit dwellings to provide straightforward and efficient charging. "Fisker is laser-focused on giving our customers simple and intuitive technology combined with clever design to make owning an EV easier. Together with Wallbox, we are providing class-leading, competitively priced chargers for Fisker owners, "Wallbox's track record of delivering well-designed, innovative, and dependable charging systems on a global scale makes the partnership a perfect fit for our customers and our business." -Chairman and CEO Henrik Fisker Making home charging accessible is key to accelerating the transition to EVs globally, and partnering with Fisker will allow us to support more drivers as they make the transition, said Douglas Alfaro, General Manager of Wallbox North America. There is a natural alignment between our two brands, so we are excited to announce our partnership with Fisker. Fisker and Wallbox also plan to offer home installation services provided by Wallbox in Europe. In the U.S. and Canada, installation services will be provided by COIL, a recent Wallbox acquisition. Wallbox Pulsar Plus smart chargers will be available to Fisker Ocean reservation holders starting November 2022 in the U.S. and Canada. Wallbox Pulsar Max smart chargers will be available to Fisker Ocean reservation holders starting November 2022 in our European launch markets: Austria, Denmark, France, Germany, Norway, Sweden, and The United Kingdom. Pricing to be announced. The Fisker Ocean, Fisker's ground-breaking all-electric SUV, is available in three trim levels: Extreme, Ultra, and Sport. The top trim Fisker Ocean Extreme travels 350 miles1 on a single charge, with dual-motor, all-wheel-drive, three driving modes, Revolve 17.1" rotating screen, SolarSky roof, California Mode, Smart Traction, and many first-to-market safety features, including the world's first digital radar, all for $68,9992 in the U.S. Production of the Fisker Ocean is on track for November 17, 2022, at a carbon-neutral factory in Graz, Austria. Deliveries to customers will begin shortly after. About Fisker Inc. California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth. Passionately driven by the vision of a clean future for all, the company is on a mission to become the No. 1 e-mobility service provider with the world's most sustainable vehicles. To learn more, visit www.FiskerInc.com – and enjoy exclusive content across Fisker's social media channels: Facebook, Instagram, Twitter, YouTube, and LinkedIn. About Wallbox Wallbox is a global company, dedicated to changing the way the world uses energy in the electric vehicle industry. Wallbox creates smart charging systems that combine innovative technology with outstanding design and manage the communication between vehicle, grid, building and charger. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public and public use in more than 100 countries. Founded in 2015, with headquarters in Barcelona, Wallbox's mission is to facilitate the adoption of electric vehicles today to make more sustainable use of energy tomorrow. The company employs approximately 1,100 people in Europe, Asia, and the Americas.

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