SolAmerica Energy, a U.S. Solar Project Developer, To Form Equity Joint Venture with Osaka Gas USA

PRWeb | March 12, 2020

Osaka Gas USA (OGUSA), a 100% subsidiary of Osaka Gas Co., Ltd., has agreed to invest in SolAmerica Energy, a U.S. distributed solar energy project developer and EPC provider. Founded in 2009, SolAmerica Energy has developed and constructed more than 100 MW of solar projects across the eastern half of the United States. Through its investment, OGUSA will hold a significant, non-controlling equity interest in a newly formed joint venture company, alongside SolAmerica Energy management team and existing shareholders. This joint venture marks OGUSA’s first investment in the U.S. renewable energy space and will expand OGUSA’s power portfolio in North America. SolAmerica Energy will use OGUSA’s investment to grow its business in both new and existing markets. The focus of this growth will include solar-plus-storage, community solar, and commercial and industrial behind-the-meter solar projects in response to growing customer demands.

Spotlight

This paper is part of Gender Equality for Climate Change Opportunities (GECCO), a five-year initiative launched by United States Agency for International Development (USAID) and the International Union for Conservation of Nature (IUCN) in 2014. In the development of GECCO, USAID and IUCN recognized a significant gap in knowledge and guidance at the intersection of gender, large-scale renewable energy, and climate change mitigation.

Spotlight

This paper is part of Gender Equality for Climate Change Opportunities (GECCO), a five-year initiative launched by United States Agency for International Development (USAID) and the International Union for Conservation of Nature (IUCN) in 2014. In the development of GECCO, USAID and IUCN recognized a significant gap in knowledge and guidance at the intersection of gender, large-scale renewable energy, and climate change mitigation.

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Swell Energy Launches Advanced Distributed Energy Resource Management System

Swell Energy | February 10, 2022

Swell Energy Inc, an energy and smart grid solutions provider, has announced the roll out of GridAmp, its proprietary Distributed Energy Resource Management System (DERMS). The enhanced DERMS platform aggregates Distributed Energy Resources (DERs), including solar and battery storage devices, into virtual power plants (VPPs) to provide advanced grid capabilities to utilities. GridAmp will control multiple grid service operations with behind-the-meter solar-powered batteries within Swell’s Home Battery Rewards program, an 80-megawatt distributed VPP being developed on O‘ahu, Maui and Hawai‘i islands -- as contracted with Hawaiian Electric and approved by the Hawai‘i Public Utilities Commission. Working with Power Partner grid service aggregators like Swell is an essential part of reaching Hawaiian Electric’s goal to cut carbon emissions from power generation 70% by 2030 and achieving net zero carbon emissions from power generation by 2045 or sooner.” Yoh Kawanami, Hawaiian Electric co-director of Customer Energy Resources Swell’s GridAmp software is designed to maximize revenue across multiple utility and customer value streams using optimization algorithms and machine learning models that inform and automate DER and VPP operations. GridAmp provides a differentiated ability to co-optimize or “stack” multiple grid services to support a variety of energy objectives at the customer, utility and wholesale market levels. The software supports interoperability and customization for various utility markets and DER integrations. GridAmp is designed to be inclusive across various technologies and manufacturers, expanding the breadth of Swell’s VPP partnerships and geographies. The DERMS platform is integrated with Swell’s operations and customer facing platforms to further enable rapid turnkey deployment of DERs and enhance participation in VPPs. “GridAmp co-optimizes the VPP experience for end-users and the utility, fundamentally enhancing value and customer participation in generating, consuming, and transacting renewable electricity,” said Suleman Khan, CEO of Swell. “Through our various technology partnerships and a comprehensive ‘VPP in a Box’ solution, Swell unites homeowners, businesses, industry partners, and utilities behind the shared goal of utilizing VPPs to yield reliable, cost-effective, flexible energy in an equitable manner.” Swell’s first GridAmp enabled VPP in Hawai‘i will simultaneously balance three separate grid services, namely Capacity Build, Capacity Reduction and Fast Frequency Response, to help manage Hawaiian Electric’s energy supply by absorbing excess renewable energy from the grid as production spikes and dispatching energy when needed, thus reducing peak demand and providing 24/7 fast frequency response to balance the three island grids. Solar powered energy storage systems located at homes and businesses of Hawaiian Electric customers will collectively and autonomously meet the customer’s demands and respond to the grid’s dynamic needs. In return, Swell’s VPP customers receive GridRevenue and gain additional GridSavings by shifting their energy use throughout the day. These capabilities and services are available to utilities across the country. About Swell Energy Swell Energy is creating a greater grid for the greater good. The energy management and smart grid solutions provider is accelerating the mass adoption of distributed clean energy technologies by enabling consumers to take control of their energy use and cost, achieve energy security, and participate in the transactive grid. Swell Energy provides homeowners and businesses with financing and virtual power plant programs, while partnering with trusted local solar and solar+storage companies for seamless, high-quality installations. By creating a critical mass of dynamic and responsive clean energy resources within utility service areas across the United States, Swell Energy also delivers resilient virtual power plant networks and grid-balancing services to utilities, which are fundamental to our future, carbon-free, distributed renewable energy system. About Hawaiian Electric Established in 1891, Hawaiian Electric serves 95% of Hawaii’s 1.4 million residents on the islands of Oahu, Maui, Hawaii, Lanai and Molokai. Hawaiian Electric is committed to empowering its customers and communities by providing affordable, reliable, clean and sustainable energy. In 2021, 38% of the electricity used by Hawaiian Electric customers came from a diverse mix of renewable resources including waste-to-energy, biomass, geothermal, hydro, wind, biofuels and solar, both utility-scale and customer-sited systems.

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ECONOMY

Summit Carbon Solutions Partners with Bushmills Ethanol

Bushmills Ethanol | April 18, 2022

Summit Carbon Solutions is happy to announce a new cooperation with Bushmills Ethanol, Inc. to help the company decarbonize its Atwater, Minnesota, ethanol plant. Bushmills Ethanol joins Summit Carbon Solutions' revolutionary carbon capture and storage project as the 32nd ethanol facility. The plant commenced production in 2005 and now generates 85 million gallons of gasoline-ethanol annually. Summit Carbon Solutions is creating the world's most significant carbon capture and storage project, permanently capturing and storing up to 12 million tons of carbon dioxide per year. The project will span Minnesota, Iowa, Nebraska, South Dakota, and North Dakota, and will result in a 50 percent reduction in the carbon footprint of associated ethanol units. "We are thrilled to have a progressive company such as Bushmills Ethanol as our newest partner, We share a shared vision of supporting the long-term sustainability of U.S. agriculture by decarbonizing the supply chain and produced products. Bushmills is an excellent operator and has continually improved its plant through investments to reduce energy consumption and improve yields." -Jim Pirolli, Chief Commercial Officer of Summit Carbon Solutions. Summit Carbon Solutions and Bushmills Ethanol will capture and compress more than 230,000 metric tons of CO2 per year, transported to North Dakota for permanent geologic storage. Summit Carbon Solutions recently announced significant project milestones, including submitting pipeline permit applications in Iowa and South Dakota, and has raised more than $600 million in equity capital, including recent investments from Continental Resources and Tiger Infrastructure Partners. Summit Carbon Solutions' objective is to reduce greenhouse gas emissions by connecting industrial and biogenic carbon dioxide emitters with strategic infrastructure that securely and permanently stores carbon dioxide in the Midwest of the United States.

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SOLAR+STORAGE

Tigo Energy to Present Solutions for Greater Solar Generation, Monitoring, and Safety at Intersolar South America

Tigo Energy | October 13, 2021

Tigo Energy, the solar industry’s worldwide leader in Flex MLPE (Module Level Power Electronics), announced that the Company will exhibit its latest products at Intersolar South America. Tigo representatives will showcase all of its TS4 Flex MLPE devices, including the recently introduced TS4-A-2F and the Tigo Energy Intelligence software platform. Together, these Tigo products are the most cost effective and advanced solution for optimization and module-level monitoring for solar projects from small to large-scale. Tigo Energy led solar innovation with its TS4 Flex MLPE, providing customers the flexibility to solve common problems in Brazil such as shading, multiple orientations, and system expansion with modules of different power for solar installations. Over the past year, Tigo released key updates and innovations to its Flex MLPE product line in an effort to address the demand for high-power solar modules and energy projects that call for a diversified set of fire safety features, monitoring, management, and power optimization features. “The technology of the Tigo optimizers brings new features to the photovoltaic modules making it simple to solve the challenges of implementing solar projects of many different sizes. Tigo optimizers provide ease and speed of assembly, as well as high-tech and ‘democratic’ equipment. The optimizers can be used with modules and inverters from nearly every manufacturer, provide safety for the integrator and for the customer, and offer a unique monitoring system. The Tigo technical and support teams in Brazil also deliver the highest level of service and have helped us tremendously in our projects with their optimizers.” Antônio Carlos, head of engineering at Treesol Company The Tigo Energy Intelligence (EI) solution, a comprehensive digital platform, is designed to optimize the installer experience around commissioning, monitoring, and maintaining fleets of solar installations. Tigo EI delivers the tools to decrease operation and maintenance costs, increase system performance and revenue, and improve the user experience for installers and customers. Additionally, the solution simplifies the commissioning process by providing greater system visibility and information to end installers and EPC companies. “With its reach into Brazil Tigo MLPE technology is now truly a global solution, and the market possibilities are huge because these products don’t require installers to rework the installation process,” said Manoel Monteiro, LATAM representative sales manager at Tigo Energy. “The combination of Tigo optimizers with our new EI monitoring platform is the ideal solution for higher energy production and cost reduction, leading to increased earnings and better ROI for our customers.” About Tigo Energy Tigo Energy is the worldwide leader in Flex MLPE (Module Level Power Electronics) with innovative solutions that increase solar energy production, decrease operating costs, and significantly enhance safety of solar energy systems. The Tigo TS4 platform maximizes the benefit of solar and provides customers with the most scalable, versatile, and reliable MLPE solution available. Tigo was founded in Silicon Valley in 2007 to accelerate the adoption of solar energy worldwide. Tigo systems operate on seven continents and produce gigawatt hours of reliable, clean, affordable, and safe solar energy daily. With a global team, Tigo Energy is dedicated to making the best MLPE on earth so more people can enjoy the benefits of solar.

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