Canadian Solar Sells Suffield Solar Project to BluEarth Renewables

Canadian Solar Inc. | September 21, 2020

Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) announced today the completion of the sale of the Suffield Solar Project to BluEarth Renewables ("BluEarth"). The Suffield Solar Project ("Suffield"), currently under construction in southeast Alberta, will have a capacity of 23 MWac / 32 MWp and will be among the largest solar photovoltaic (PV) facilities in the province of Alberta. Direct Energy will purchase the electricity from the Suffield facility once it is operational later this year. Direct Energy is one of the largest energy and energy-related service providers in North America with almost one million residential, business and wholesale customers in Alberta.

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SOLAR+STORAGE

Ubiquitous Energy Installs First Transparent Solar Window Façade

Ubiquitous Energy | January 30, 2021

Ubiquitous Energy, the leader in transparent solar technology, has installed the world’s first truly transparent solar window façade at its company headquarters in Redwood City, CA. Approximately 100 square feet of transparent solar windows have been installed as an exterior facing window façade replacing the previous single pane windows. This Ubiquitous Energy window façade installation demonstrates the ability to generate clean, renewable energy while maintaining aesthetic beauty, high transparency, and color neutrality. Each double pane window has been glazed into a fiberglass frame, matching the existing aesthetic of the building’s windows. The windows produce electricity that is being used to power the LED lighting in the adjacent room, while simultaneously maintaining the performance of standard commercial window glass. The façade is also connected to an energy management system that monitors and logs its power generation. “Not only did we improve the thermal insulation in the conference room by replacing the single pane windows, but also our Ubiquitous Energy windows generate enough electricity to power the lighting in the conference room. We are thrilled with the outcome of this installation and look forward to completing other installation projects in the near future,” said Ubiquitous Energy Co-founder and CTO Miles Barr. “I have been looking at BIPV (Building Integrated Photovoltaic) since 1999 and this is the best thing I have ever seen in BIPV,” said Scott Thomsen, former Guardian Industries President. Applied directly on glass using standard glass coating equipment, Ubiquitous Energy’s coating is highly transparent and color neutral. The transparent solar coating selectively absorbs and converts non-visible light (ultraviolet and infrared) to electricity while maintaining visible transparency. It also doubles as a low-E and solar control coating in addition to its electricity generation by blocking infrared light that is commonly known as solar heat. The transparent solar coating can be applied to vertical surfaces of buildings turning traditional windows into aesthetically pleasing, highly energy efficient, and electricity generating windows that are desired by architects, designers, and occupants. About Ubiquitous Energy At Ubiquitous Energy, the world leader in transparent photovoltaics, we envision a world in which every pane of glass generates renewable electricity from sunlight, dramatically reducing the carbon footprint of buildings—among the world’s biggest energy consumers—without compromising the transparent, vibrant experience occupants expect from their windows. After nearly a decade of R&D, Ubiquitous Energy has developed an award-winning technology, the world’s first aesthetically acceptable, electricity-generating alternative to traditional windows. Ubiquitous Energy’s coating harvests solar energy and serves as an invisible, onboard source of electricity for a variety of end products. The thin coating can be applied to the surface of window glass to provide electricity generation and energy efficiency. Originally spun out of MIT, Ubiquitous Energy is producing its highly transparent, efficient solar cells in its production facility in Silicon Valley.

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ENERGY

Climate-Technology Company Colossus Announces $36 Million Series-A Round, Taking Total Funding to $41 Million

Colossus | January 19, 2022

Colossus announced a $36 million Series A funding round, led by investors BuildGroup and including participation from Capital Creek, RTP Global, CEAS, & Poplar Ventures. This capital raise will bring total funding for the solar software start up to $41 million, including $5 million in seed funding from 2020. Colossus is a software and service company focused on accelerating the clean-energy movement. Colossus's innovative solar software and marketplace model helps companies of all sizes integrate, optimize, and digitize their workflows to foster business growth and the adoption of clean energy at scale. Our driving force at Colossus is to reimagine the fragmented and rapidly evolving solar marketplace through a unique portfolio of technologies and services that work together to streamline the deployment of clean energy. Solar energy installers are reporting increasing customer acquisition costs even as sales shift to online modes and confidence in the solar industry is at an all-time high. Our innovative software and marketplace model supports the rapid evolution of the solar + storage industry by developing tools that help drive sustainable business growth while accelerating solar adoption at scale." Walid Halty, CEO and Founder of Colossus Since its founding in 2017, Colossus (formerly Dvinci, Inc.) has rapidly grown its company, building a world-class executive leadership team with extensive experience in solar, software, demand generation, and workflow management. "We were drawn to Colossus's leadership and vision to accelerate the transition to renewable sources of energy, which is inevitable for the future of our planet," said Lanham Napier, Co-Founder and CEO of BuildGroup. "Colossus is uniquely positioned to create software solutions that help level the playing field for clean-energy professionals and companies of all sizes, opening up possibilities to modernize the industry while effectively responding to growing consumer demand." About Colossus Colossus is an enterprise software and service company focused on accelerating the clean-energy movement. Founded by industry leaders, Colossus aims to reimagine the fragmented and rapidly evolving solar marketplace through a unique portfolio of technologies, services, and partnerships that work together to streamline the deployment of clean energy. Colossus helps solar companies across the nation reach more customers and lower their soft costsby leveraging proprietary data and technology. Colossus's innovative solar software and marketplace helps companies of all sizes integrate, optimize, and digitize their workflows to foster business growth and the adoption of clean energy at scale.

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SUSTAINABILITY

ROVENSA becomes global leader in BioSolutions through the integration of COSMOCEL

ROVENSA | May 27, 2022

ROVENSA, a global leader of agricultural inputs for sustainable agriculture, today announces that it has agreed to integrate COSMOCEL, a leading player in specialty biostimulants and high-tech products for agriculture. The completion of the integration is subject to approval by the anti-trust authorities. Based in Monterrey, Mexico, COSMOCEL is a market-leading developer, manufacturer, and distributor of specialty biostimulant solutions with over 60 years of experience. COSMOCEL's portfolio of over 100 products spans biostimulants, biocontrol and adjuvants. COSMOCEL has more than 700 employees, 3 state of the art manufacturing facilities, 11 offices and 26 warehouses to serve its customers in more than 50 countries across North America, Latin America, Europe, Middle East and South Africa. It has a strong and long-established market reach through commercial teams and strategic partnerships, as well as a highly experienced R&D team. This strategic integration positions ROVENSA as global leader in BioSolutions for sustainable agriculture and it is squarely aligned with its strategy to provide distributors and farmers with innovative solutions to increase land productivity and output profitability, whilst enabling farming in a sustainable and responsible way to protect and preserve the environment for future generations. COSMOCEL complements ROVENSA's geographical footprint, bringing exposure to new geographies and enhanced access to strategic markets in the Americas. It also brings sizeable and versatile production capabilities in Mexico, additional R&D competences, and material product synergies. COSMOCEL and ROVENSA share a similar business culture and go-to-market approach, a critical cornerstone to achieve continued commercial growth and value creation in partnership with distributors and farmers. "We are thrilled to welcome COSMOCEL to the group to strengthen our global presence as a reference provider of well-balanced solutions for agriculture. This strategic integration highlights our growth ambitions in the BioSolutions international market and our strong commitment to sustainable agriculture. The high quality and complementary range of biostimulants and bio-performance products of COSMOCEL, their culture, their market approach, the quality and commitment of their people and management, and their production capacities will give us a unique position to offer the best nature-based solutions for our distributors and farmers, leveraging on our global scale and capabilities. We are determined to have a strong impact in sustainable agriculture that should be both productive and regenerative, in harmony with nature, making crops more resilient to climate change, and ultimately feed the world guarantying equity and health". -Eric van Innis, ROVENSA´s CEO

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SOLAR+STORAGE

Innovative Quidnet Energy Storage Technology Specifically Designed to Prevent Texas-Type Grid Failures

Quidnet Energy | February 19, 2021

Company’s Modular Pumped Hydro Solution Highlighted This Week on 60 Minutes, Forbes and USA Today Houston, TX - Quidnet Energy today said that on its current development trajectory, its low cost, modular, long duration energy storage technology could be installed across the Texas system in as few as three-five years to prevent failures such as witnessed the third week of February when a polar vortex froze the grid. The company is already developing two projects in the Lone Star State as well as in Ohio and New York. Quidnet’s Geomechanical Pumped Storage (GPS) technology stores excess power when electricity demand is low and saves it to be released to the grid over long periods of time when generators can’t keep up with demand such as this week in Texas. Quidnet was launched in 2016 and is rapidly scaling to deploy this storage technology. It is being widely embraced for its potential as a game changer for maintaining electric reliability in the new world of variable output renewable energy. The company receives support from the US Department of Energy, New York State Energy Research Development Authority, Evok Innovations, Trafigura and Bill Gates’ Breakthrough Energy Ventures climate change focused fund. Quidnet pumps water underground and stores it in-between layers of shale. The natural elasticity of the rock performs like a spring and holds the water under pressure until it is needed, at which time it is released through a hydroelectric turbine to produce electricity to send back to the grid. The system is closed loop and the primary components of the process are water, clay, and natural salts. The entire process is powered by excess grid electricity. Because the majority of the process is subsurface, there is relatively minor land disturbance (well head, pump and generator building, holding pond), allowing farmers and landowners to generate significant new lease revenue with minor impact. Quidnet utilizes many of the same subsurface knowledge, workforce, and supply chains as the O&G industry, making it a perfect opportunity to re-channel thousands of displaced workers—and the supply chains they operate--toward accelerating a green energy future. Early resource investigations project sufficient North American shale resources to provide 2-4 times the long duration energy storage needed by the grid at less than half the projected cost of Li-ion batteries and other leading solutions. “The very talented, dedicated and rapidly-growing Quidnet team is hyper-focused on the imperative to ensure a reliable energy transition” said Joe Zhou, Quidnet CEO. “We are committed to being a major part of the solution.” To view the 60 Minutes, Forbes and USA Today clips and learn more about Quidnet, please visit www.quidnetenergy.com. About Quidnet Energy Based in Houston, Texas with offices in San Francisco and Saratoga Springs, Quidnet’s patented GPS technology utilizes excess renewable energy to store water beneath ground under pressure. When renewable energy is not producing this pressurized water drives hydroelectric turbines producing electricity to support the grid at a fraction of the cost of Li-ion and for much longer duration. Quidnet’s technology is an adaptation of centuries-old gravity-powered “pumped storage,” but without the massive land requirements and reliance on elevated terrain. Please visit www.quidnetenergy.com Contact: Steve Sullivan (518) 441-7272 sullivan@quidnetenergy.com

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Spotlight

Renewable energy solutions have focused on small and large business, but mid-sized companies are often overlooked. This white paper, presented by WGL Energy, offers new approaches and innovative solutions for those companies who find themselves in this "green-energy gap."

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