FirstEnergy Utility Crews Mobilize to Assist Hurricane Sally Power Restoration Efforts in Alabama

FirstEnergy Corp | September 19, 2020

FirstEnergy Corp. utilities have sent 190 line workers and support personnel to Mobile, Alabama, to assist Alabama Power with restoration efforts following Hurricane Sally. Crews began leaving for Alabama Thursday, with all expected to begin work Saturday morning. Hurricane Sally made landfall Wednesday on the Gulf Coast as a Category 2 storm, with sustained winds of 100 mph. Heavy rain also has produced flooding in many areas, with many roads and bridges closed or impassable. This support effort continues FirstEnergy's long-standing tradition of assisting other electric companies during large-scale power outages. FirstEnergy crews recently returned home after providing power restoration assistance to utilities in Texas and Louisiana following Hurricane Laura in late August.

Spotlight

As a part of its Paris Agreement commitments, the Government of India has set an ambitious target of achieving 175 GW of renewable energy capacity by 2022.

Spotlight

As a part of its Paris Agreement commitments, the Government of India has set an ambitious target of achieving 175 GW of renewable energy capacity by 2022.

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ENERGY

Axio Offers Free Coverage Analysis for SolarWinds Impacts

Axio | December 30, 2020

Axio, a main digital danger the board Software-as-a-Service organization, today dispatched a restricted time offering, through January 31, 2021, to play out a fast examination of protection inclusion in the wake of the SolarWinds occasion. "After the 2017 NotPetya assault, certain back up plans refered to the 'demonstration of war' rejection to deny claims from that occasion on the grounds that the assault began from country state entertainers. SolarWinds could get into that sticky situation again so any conceivably affected organization ought to comprehend the potential entanglements in their protection inclusions," said Scott Kannry, CEO of Axio. "To help pick up speedy understanding into potential issue spots, we're glad to make the Axio360 strategy examination motor accessible for the following month to any organization that is intrigued." Axio's AI motor distinguishes rejections and statements that could introduce inclusion issues for SolarWinds-related misfortunes, for example, demonstration of war prohibitions, directed assault avoidances, and even new prohibitions being presented that explicitly reference the SolarWinds occasion. Organizations wishing to exploit Axio's offer ought to give an approach to be dissected and inside one business day get an email with hailed provisos recognized and recommendations as to subsequent stages and more profound investigation. "The SolarWinds occasion is remarkable in size with more than 300,000 organizations possibly affected. Right now is an ideal opportunity for these organizations to comprehend what could be in danger and if their protection inclusions will be there when generally required," added Kannry.

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Ultra Safe Nuclear Technologies Supplies Advanced Nuclear Thermal Propulsion Design To NASA

Ultra Safe Nuclear Technologies | October 20, 2020

Ultra Safe Nuclear Technologies (USNC-Tech) has delivered a design concept to NASA as part of a study on nuclear thermal propulsion (NTP) flight demonstration. NTP technology provides unprecedented high-impulse thrust performance for deep space missions such as crewed missions to the moon and Mars. The NASA-sponsored study, managed by Analytical Mechanics Associates (AMA), explored NTP concepts and designs enabling deep space travel. We want to lead the effort to open new frontiers in space, and do it quickly and safely," said Dr. Michael Eades, principal engineer at USNC-Tech. "Our engine maximizes the use of proven technology, eliminates failure modes of previous NTP concepts, and has a specific impulse more than twice that of chemical systems."

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SOLAR+STORAGE

SolRiver Capital Announces Acquisition of 53 MW Solar Portfolio From Copenhagen Infrastructure Partners

SolRiver Capital | October 29, 2021

SolRiver Capital, a national solar investment fund, announced the acquisition of a portfolio of utility-scale solar PV projects across the state of North Carolina from Copenhagen Infrastructure Partners. The portfolio is eight projects throughout North Carolina, totaling 53 MW. Each project is expected to initially operate under a power purchase agreement with the local utility. Once completed, the projects will produce over 91 million kilowatt hours of clean electricity annually, which is enough to power more than 7,700 homes each year and the equivalent carbon sequestered by planting over 1 million trees. Just last year, Duke Energy and third-party solar developers, as well as industry organizations, reached multiple agreements to accelerate and reduce costs of interconnection for utility-scale solar facilities across North and South Carolina. These agreements include the facilitation of additional solar interconnections via a defined process and timeline, along with reforming the interconnection queue process by transitioning to a cluster study model. This updated process is instrumental for SolRiver to bring high-quality solar projects to this region. "North Carolina continues to be a strong market for SolRiver. What really secured this deal is our know-how on successfully navigating development and construction, informed by the past several years of building these types of systems in the Carolinas." Riley Sullivan, Vice President of Acquisitions at SolRiver Capital In addition, this announcement comes on the heels of North Carolina's recently passed HB 951, Energy Solutions for North Carolina, which establishes goals for the state's electricity sector to reduce carbon emissions by 70% by 2030 and reach carbon neutrality by 2050. SolRiver's investment includes a series of PURPA solar projects to provide power as part of North Carolina's increasing renewable energy generation mix. SolRiver's investment in the portfolio, expected to be in excess of $90 million, will contribute to the local and regional clean energy economy through additional tax revenue, along with the temporary and permanent jobs created throughout the construction and operation of the projects. About SolRiver Capital SolRiver Capital is a solar investment fund dedicated to financing the development, construction, and acquisition of distributed generation projects. Focusing on solar and storage, SolRiver owns and operates projects across the U.S. from Oregon to New York. Founded in 2016, SolRiver's team combines top-tier developers, financial professionals, and operational experts with over 10 years' experience each. The group has developed and managed over $400MM of solar totaling 180MW of capacity from 300 projects. About Copenhagen Infrastructure Partners Copenhagen Infrastructure Partners P/S is a fund management company focused on energy infrastructure including offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity and storage, and other energy assets like Power-to-X. CIP manages eight funds and has approximately EUR 16 billion under management. Today, CIP's funds have approximately 100 international institutional investors from the Nordics, Continental Europe, the UK, Israel, Asia, Australia, and North America and multilateral organizations e.g. EIB.

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