GRID ENVIRONMENT

Eos Energy Secures $20 Million Order to Supply California Power Grid with Long-term Storage

Eos Energy | January 05, 2021

Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos"), a main supplier of protected, adaptable, effective, and reasonable zinc-based energy stockpiling frameworks, today declared a firm request from EnerSmart, an engineer, proprietor and administrator of utility scale energy stockpiling projects, to give in any event 90MWh, and as much as 180MWh, of energy stockpiling throughout the following two years.

The ventures are intended to be fueled by Eos' inventive Znyth® battery innovation to give improved lattice solidness and expanded renewables use across various areas in California. The principal project, foreseen to supply 9MWh of capacity in El Cajon to CAISO (California's autonomous network administrator), is esteemed at $2 million with establishment planned for the final quarter of 2021.

"We are energized and accept that this understanding will grow our introduced base and keep on demonstrating the interest for longer span stockpiling. We anticipate working with EnerSmart to bring inventive innovation intended to make a drawn out certain effect on California's capacity network," said Balki Iyer, Chief Commercial Officer of Eos.

The Eos Znyth® battery is intended to give persistent force upon establishment and is foreseen to have a helpful existence of 20 years. This decidedly keen stockpiling arrangement created in Edison, NJ is demonstrated to be protected across a wide scope of working conditions and will be sent from Eos' assembling office situated in Pittsburgh, PA.

"As we extend our arrangement of utility scale energy projects in key business sectors, we depend on innovation that can give protected, solid stockpiling at an appealing cost," said Marc La Magna, Co-originator and Managing Partner at EnerSmart. "Eos Energy's innovation is intended to address these territories and significantly, they share our enthusiasm and idealism that energy stockpiling and sustainable power ventures will keep on being broadly received in California and around the nation."

Spotlight

Your localization partner is going to do a deep-dive into your business—so start by diving deep into theirs. Are they an industry-leader with 20 years of experience or a relative newcomer? Will they speak Samoan, Uzbek, or Swahili (and all your customers’ languages)? Can they deliver on-time and on-budget—every time? Ask how many languages they support. Find out whether their translator team comprises just linguists, or linguists and subject matter experts. Explore the backgrounds of their senior management team. Be nosey. Ask questions. Cyberstalk.

Spotlight

Your localization partner is going to do a deep-dive into your business—so start by diving deep into theirs. Are they an industry-leader with 20 years of experience or a relative newcomer? Will they speak Samoan, Uzbek, or Swahili (and all your customers’ languages)? Can they deliver on-time and on-budget—every time? Ask how many languages they support. Find out whether their translator team comprises just linguists, or linguists and subject matter experts. Explore the backgrounds of their senior management team. Be nosey. Ask questions. Cyberstalk.

Related News

SOLAR+STORAGE

Casino Group and GreenYellow announce strategic collaboration on energy and cloud with Amazon Web Services

GreenYellow | December 22, 2021

Casino Group and Amazon Web Services agreed to a strategic collaboration to aid each company’s sustainability goals. Casino Group, through its energy subsidiary GreenYellow, which is a major international player in decentralized solar power generation and energy efficiency, is pleased to announce it agreed to a Corporate Power Purchase Agreement (PPA) with Amazon for a new utility-scale solar project in France. The deal highlights GreenYellow’s ability to provide renewable energy for the power needs of large companies operating in France. The companies will continue to evaluate other renewable projects in France and across Europe. The renewable electricity purchased under the PPA will help support Amazon’s commitment to power its global operations with 100% renewable energy as part of its Climate Pledge commitment to reach net-zero carbon by 2040—10 years ahead of the Paris Agreement. Under this collaboration, Casino Group and its subsidiary GreenYellow will benefit from AWS Cloud services fueled with green energy. AWS will also work with RelevanC, the Group’s subsidiary specializing in data marketing solutions, to develop algorithms to further enhance customer experience. Casino Group once again demonstrates its ability to partner with the best players in each sector to pursue its digital transformation. It is consolidating its collaboration with Amazon around three essential axis: energy with GreenYellow which supports major players in meeting their sustainability goals, the digitalization, of its IT architecture in particular, and algorithms developed to enhance customer experience." Jean-Charles NAOURI, CEO of Casino Group GreenYellow is pleased to support sustainability goals’ AWS through a first CPPA that provides an environmentally friendly energy production coupled with an innovative solution. This collaboration confirms the relevance of our global and unique platform and skills dedicated to the energy transition and reinforces the acceleration of GreenYellow's development strategy.” Otmane HAJJI, President of GreenYellow.

Read More

Westinghouse-Energoatom Contract Signals Full Diversification For Ukraine's Nuclear Fuel Supply

Westinghouse Electric Company | September 30, 2020

Today, Westinghouse Electric Company signed a contract with the National Nuclear Energy Generating Company (NNEGC Energoatom) on VVER-440 nuclear fuel for the Rivne nuclear power plant. This agreement illustrates another successful step in the continuation of the long-standing partnership between Energoatom and Westinghouse. The parties also signed a Letter of Intent on further exploring localization of fuel assembly component production in Ukraine. Atomenergomash, a subdivision of Energoatom, is currently completing qualification to manufacture VVER-1000 top and bottom nozzles for Westinghouse fuel. The signing of both documents was witnessed by Ukranian President Volodymyr Zelensky.

Read More

SOLAR+STORAGE

Tri Global Energy and Leeward Renewable Energy Finalize Deal for Indiana Renewable Energy Projects

Tri Global Energy | June 03, 2021

Tri Global Energy, a leading originator, and developer of utility-scale renewable energy projects, has announced an agreement to sell two renewable energy projects – a wind and a solar project -- in Blackford County, Indiana, to leeward Renewable Energy, a premier owner/operator with a portfolio of approximately 2,000 MW of generating capacity from renewable sources. Both projects were originated by Tri Global Energy (TGE) in 2019. Blackford Wind will deliver up to 200 MW, and Blackford Solar will be qualified for up to 150 MW. The projects combined are expected to produce enough energy to power more than 80,000 homes. TGE and Leeward Renewable Energy will work with the county, state, and federal authorities to secure the requisite permits and bring the two projects into construction, with operations projected to commence as early as 2023. This is the second deal between Tri Global Energy and Leeward Renewable Energy. The two companies announced a transaction involving two of Tri Global Energy's original Indiana projects in White County (180 MW Hoosier Line Wind and 400 MW Honey Creek Solar) in April. Great Bay Renewables, a joint venture company between certain funds managed by affiliates of Apollo Global Management, Inc. and Altius Renewable Royalties Corp., is providing royalty financing in support of Tri Global Energy, completing and funding this project development through the start of construction. About Tri Global Energy We are developers of sustainable energy. Tri Global Energy's mission is to enhance communities through local economic development generated by originating and commercializing renewable energy and storage projects. The company currently designs and develops utility-scale wind, solar, and energy storage projects in Texas, Nebraska, Illinois, Indiana, Pennsylvania, and Virginia. Tri Global Energy's headquarters is in Dallas with regional development offices in Lubbock, Texas; El Paso and Forreston, Illinois; and Reynolds and Hartford City, Indiana. About Leeward Renewable Energy, LLC Leeward Renewable Energy is a leading renewable energy company that owns and operates a portfolio of 22 renewable energy facilities across nine states totaling approximately 2,000 megawatts of generating capacity. Leeward is actively developing new wind, solar, and energy storage projects in energy markets across the U.S., with 17 gigawatts under development spanning over 100 projects. Leeward is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of Canada's largest defined benefit pension plans with C$105 billion in net assets.

Read More