Fortescue Future Industries | June 24, 2022
A leading group of German companies along with Australia's Fortescue Future Industries (FFI) has released a green hydrogen roadmap, outlining a set of recommendations for government and industry, to meet the ambitious target of importing large amounts of green hydrogen from Australia to Germany.
The Green Hydrogen Taskforce, created earlier this year, is a collaborative effort between FFI, and some of the strongest energy, industrial, and technology companies in Germany, including Covestro, E.ON, Linde, Luthardt, SAP, Schaeffler, thyssenkrupp Nucera and thyssenkrupp Uhde.
The green hydrogen roadmap developed by the Taskforce consists of a 10-point plan and a White Paper and is intended to outline a constructive pathway forward in Germany for business and government. The roadmap could potentially serve as an example for other nations looking for solutions at the upcoming G7 meeting. The G7 meeting will discuss hydrogen and has already developed a G7 Hydrogen Action Pact (G7 HAP) which will form part of the final G7 communique.
The companies in the taskforce are ready to move on green energy through serious investment and will work with Government to achieve these goals together. The recommendations to the German government include: developing subsidies and incentives to remove the "First Mover Disadvantage"; encouraging sources of low-cost capital to scale the industry, and underwriting equipment manufacturers expansion plans to meet developer's needs.
Climate change has become a dramatic reality of our times with visible impacts on all continents and all countries. The UN IPCC report has recommended reducing fossil fuel production to keep temperature increases under 1.5 degrees and halt the worst impacts of global warming. With this responsibility in mind, the industry stands ready to do its part.
The Russian war on Ukraine has in addition created a new reality. This must lead to an accelerated energy transition, especially regarding the development of a green hydrogen economy, which will help to decarbonise as well as to diversify energy supply.
"The future of energy needs the right partnerships and the right technologies. We bring our expertise in industrial-scale hydrogen applications like green ammonia for enabling the worldwide export/import of clean energy."
-Dr. Cord Landsmann, CEO of thyssenkrupp Uhde
"We are determined to implement the green transformation of the economy. For this, the development of a reasonable green hydrogen environment must be given priority. In the long term, this strengthens climate protection, independence from Russian gas and the competitiveness of our industries. This deserves a high level of political support."
-Patrick Lammers, COO at E.ON,
Juergen Nowicki, Executive Vice President Linde and CEO of Linde Engineering, said, "For an industrialized nation such as Germany it is of utmost importance to secure reliable and affordable energy. Clean hydrogen has an important role to play in the energy transition, but we need to have the right framework, incentives and infrastructure in place to make it actionable as a lever to decarbonisation. We are committed to supporting the effort to decarbonise Germany's economy by leveraging Linde's knowledge, experience and technology along the entire hydrogen value chain, from production and storage to transportation and application."
Dr. Klaus Schäfer, Chief Technology Officer and member of the Board of Management of Covestro, said, "Green hydrogen is a central building block for the transformation of the chemical industry towards climate neutrality. Covestro and other industry partners are in the starting blocks to get the hydrogen economy up and running. However, we also need the right framework conditions and political support to achieve this. Using the example of the partnership between Germany and Australia, this action plan shows which steps need to be taken in detail. It complements the ongoing HAP initiative and establishes an actionable plan which can easily be replicated amongst the G7 countries and beyond."
"This also includes the critical topic of tracking and tracing of green hydrogen and green ammonia through the complete value chain including the certificates of origin with the aim that the end customers will exactly know what they get," said Peter Koop, Global Lead for Energy Transition and Hydrogen at SAP.
Uwe Wagner, CTO of Schaeffler AG said, "the envisaged hydrogen partnership between Germany and Australia is a vital step to foster clean energy in Germany. To turn this goal into reality, quick industrialization of electrolysis and other hydrogen technologies will be crucial. We stand ready to speed up the energy transition with the supply of high-quality components for the large-scale production of electrolysers."
Dr. Andrew Forrest Chairman of FFI, said, "Germany and the European continent are facing stagflation for the first time in years. If structured appropriately, an accelerated uptake of green hydrogen also by means of green ammonia can be a powerful economic growth driver for Germany. Our White Paper estimates that for every €1 spent as a support mechanism by Government for green hydrogen, €10 is unlocked in private investment."
Global green energy company FFI and one of Europe's largest energy companies with focus on energy infrastructure and customer solutions, E.ON, recently announced a partnership with the goal to supply 5 million tonnes of green hydrogen a year by 2030 – the equivalent of one third of the calorific energy of natural gas Germany imports from Russia.
"Our message is very clear. The green energy industrial revolution is here. Do not allow the energy crisis to make the climate crisis worse. Germany can become a green energy superpower and we have outlined the pathway to make it happen, including the financial investment required by government. Business is ready."
VIGORPOOL | June 09, 2022
On June 15th, EST, VIGORPOOL, a company that delivers portable, green energy solutions, will launch the Captain 1200, its new flagship product, on Indiegogo. With a continuous output power of 2400W and a peak power of 4800W, the power station provides a parallel function, allowing customers to connect two units and quadruple the capacity to 2560Wh. It also has a dual rapid charging mechanism that allows it to charge completely in 1.5 hours. When the Captain 1200 is combined with solar panels, it forms a green solar generator that produces safe, clean, pollution-free, renewable electricity. It is also more durable and safer than similar items with similar power capacities. Its battery will last around nine years if used and recharged every day.
FEATURES OF VIGORPOOL CAPTAIN 1200:
1. Perform a parallel function
The introduction of the Parallel Function marked a watershed moment in the mobile power supply business. When two Captain 1200s are connected in parallel, the capacity is increased to 2560Wh, and the continuous output power is increased to 2400W. The Captain 1200's longer battery life and higher power output make it more suited for a wider range of mobile power applications.
2. Longer-lasting and more cost-effective
The Captain 1200 employs a lithium iron phosphate (LiFePO4) battery, which is both safer and more robust. In comparison to ternary lithium batteries, which lose roughly 20% of their charge capacity after 500 cycles, LiFePO4 batteries withstand 3500+ charge cycles before reaching 80% capacity. Because of the improved durability, even if the unit is used and recharged every day, it will last for 9 years without losing substantial capacity. As a result, the requirement for product replacement and recurring purchases is greatly decreased.
3. A Portable Energy Station on Wheels
Because of its high output and 12 different types of power ports, the Captain 1200 is compatible with 99 percent of equipment and appliances on the market. There's also a built-in wireless charging station for charging cordless phones on the road.
4. It Only Takes 1.5 Hours To Recharge
The Captain 1200 accomplishes actual fast charging while keeping the unit and battery safe thanks to the smart built-in BMS system. The Captain 1200 can be charged by both the main charger and the solar panel at the same time to accomplish Duel Fast Charging, which takes only 1.5 hours to complete.
5. Uninterruptible Power Supply (UPS) (UPS)
Any devices plugged into the Captain 1200 will run straight from the power supplied by the outlet if it is kept plugged into a wall outlet. The Captain 1200's UPS feature restores power within 10 milliseconds following a power outage, safeguarding the operation of important equipment such as household freezers, CPAPs, and computers.
6. BMS Protection System with Three Layers
VigorPool prioritizes safety beyond anything else. The VigorPool Captain 1200 features a three-layer BMS system to assure the safety of the user and the equipment, whereas similar products only enable two-layer BMS protection.
7. A Sustainable Energy System
The VigorPool Captain 1200 may be combined with 100W, 200W, or 400W solar panels to create a solar generator that can be used anywhere. Furthermore, its built-in MPPT charge controller intelligently adjusts the charging power, resulting in a 30 percent higher solar charging efficiency than standard solar charging systems.
8. Intelligent Control System
Users may check battery data, control charge and discharge operations, and access other options via their phone or tablet using the VIGORPOOL APP.
STRATEGY AND BEST PRACTICES,INDUSTRY UPDATES
BitNile Holdings, Inc. | July 19, 2022
BitNile Holdings, Inc. (NYSE American: NILE) announced that its green energy technology and power supply subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has multiple Level 2 Electrical Vehicle (“EV”) chargers and DC fast chargers approved for rebate by the California Electric Vehicle Infrastructure Project (“CALe-VIP”) and Southern California Edison Charge Ready Program. The Company has also earned an ENERGY STAR certification for its EV700 32-amp EV charger for residential and commercial installations. ENERGY STAR is the government-backed symbol for energy efficiency, providing credible information that consumers and businesses rely on to make well-informed decisions and is a requirement for many of the rebate programs throughout the United States.The United States Environmental Protection Agency (the “EPA”) awards ENERGY STAR certification to EV chargers proven to be the most energy-efficient after meeting rigorous energy efficiency and sustainability standards.
The ENERGY STAR certified TurnOnGreen EV700 smart charger features innovative technology compatible with most electric vehicles on the road, including Ford, Chevrolet, Mullen, Lucid, Nissan, Kia, Hyundai, BMW, Mercedes, and Tesla when using the J1772 adapter. The EV700 can add up to 32 miles of range for every hour of charging and features an easy-to-use LCD touch screen and smartphone application. TurnOnGreen launched the EV700 in North America in January 2022. Consumers and businesses can purchase the EV700 at www.TurnOnGreen.com/EV700 or through major e-commerce retailers like Walmart, Amazon, and DigiKey.
The CALe-VIP program offers incentives for purchasing and installing electric vehicle charging infrastructure at publicly accessible sites throughout California. As of June 2022, it has awarded over $146 million in EV charger rebates. The program has helped install 1,339 DC Fast Chargers and 6,180 publicly accessible Level 2 chargers in California. Southern California Edison (“SOCAL Edison”) is one of the largest electric utilities in the United States and a leader in renewable energy and energy efficiency. The $436 million SOCAL Edison Charge Ready Program seeks to add 38,000 new EV car chargers throughout the Utility’s service area in Southern California over the next four years.
“We are committed to developing innovative products that can help EV drivers reliably charge their vehicles using the right amount of power, We are proud to provide EV charging solutions that are rebate eligible and meet the needs of consumers and businesses while offering them a path to sustainability.”
-Amos Kohn, TurnOnGreen CEO and Chief Engineer
To be part of the two largest EV Charging infrastructure rebate programs in California is a major milestone for TurnOnGreen and will help expand our EV charging footprint throughout the state,” said Marcus Charuvastra, TurnOnGreen’s Chief Revenue Officer. “The Energy Star Certification for the EV700 is also a major event for TurnOnGreen as it enables the product to become eligible for the hundreds of rebate programs offered by federal, state, and municipal government agencies as well as the multitude of Utility rebate programs throughout the United States.
According to a report by Grand View Research, as of 2021, the U.S. EV charging infrastructure market has an estimated value of $2.85 billion and is expected to advance at a compound annual growth rate (CAGR) of 36.9% from 2022 to 2030. The market growth is a result of the expansion of government initiatives to fund public and private EV charging infrastructure projects and programs that encourage consumers to buy electric vehicles.
For more information on BitNile Holdings and its subsidiaries, BitNile recommends that stockholders, investors, and any other interested parties read BitNile’s public filings and press releases available under the Investor Relations section at www.BitNile.com or available at www.sec.gov.
About BitNile Holdings, Inc.
BitNile Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, BitNile owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, automotive, telecommunications, medical/biopharma and textiles. In addition, BitNile extends credit to select entrepreneurial businesses through a licensed lending subsidiary. BitNile’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.BitNile.com.
About TurnOnGreen, Inc.
TurnOnGreen Inc. designs and manufactures innovative, feature-rich, and top-quality power products for mission-critical applications, lifesaving and sustaining applications spanning multiple sectors in the harshest environments. The diverse markets we serve include defense and aerospace, medical and healthcare, industrial, telecommunications and e-Mobility. TurnOnGreen brings decades of experience to every project, working with our clients to develop leading-edge products to meet a wide range of needs. TurnOnGreen’s headquarters are located at Milpitas, CA; www.TurnOnGreen.com.For more information on TurnOnGreen’s product line, please visit www.TurnOnGreen.com.