INDUSTRY UPDATES

EDF Renewables and wpd announce the Launch of Construction Activity on the Calvados Offshore Wind Farm

EDF Renewables | February 22, 2021

EDF Renewables, an auxiliary of the EDF Group, EIH S.à r.l, an auxiliary of Enbridge Inc. a North American energy infrastructure organization, and wpd, an European renewable energies organization, are reporting the launch of construction movement on the Calvados offshore wind ranch (Courseulles-sur-Mer). This declaration follows the finish of financing arrangements between the consortium and its monetary accomplices.

The 448-MW Calvados offshore wind project is contained 64 wind turbines found more than 10km from the Bessin coastline and possesses a complete surface zone of roughly 45km². Upon its dispatching, planned for 2024, it will create what could be compared to the yearly power utilization of 630,000 individuals, or more than 90% of the Calvados French office's populace.

The all out task cost is assessed at around €2 billion. The dominant part will be financed through non-plan of action project account obligation. The Calvados offshore wind ranch holds a 20-year power buy understanding (PPA) allowed by the French government in June 2018.

The three and a half-year construction undertaking will make more than 1,000 direct positions in Normandy and will add to the advancement of the French's offshore wind industry.

The undertaking's wind turbines will be produced in Le Havre at Siemens Gamesa Renewable Energy's Quai Joannes Couvert plant, which is as of now under construction. After charging planned for the principal half of 2022, a sum of 750 immediate and backhanded positions will have been made. The plant will likewise produce the 71 wind turbines for the Fécamp offshore wind ranch granted to a similar consortium, which construction started in June 2020. The wind turbines will be gathered at the Port of Le Havre, at that point delivered to the establishment site. Offshore construction action is expected to initiate in 2022.

About EDF Renewables

EDF Renewables is a leading international player in renewable energies, with gross installed capacity of 13.8 GW worldwide. Its development is mainly focused on wind and solar photovoltaic power. EDF Renewables operates mostly in Europe and North America but is continuing to grow by moving into promising emerging regions such as Brazil, China, India, South Africa and the Middle East. The company has strong positions in offshore wind power, but also in other areas of the renewable energies industry such as energy storage. EDF Renewables develops, builds, operates and maintains renewable energies projects, both for itself and for third parties. EDF Renewables is the EDF Group subsidiary specialising in developing solar and wind power.

Spotlight

Historically the solar market in East Africa has been dominated by donor-led projects aimed at increasing the poor’s access to electricity as industry executives await the firming up of official government programmes. Yet with the intermittent nature of power in the region, coupled with escalating diesel costs - immediate and compelling business opportunities for the solar sector are on the rise.


Other News
SUSTAINABILITY

Wien Energie and RIDDLE&CODE Extend Their Partnership to Support and Accelerate Global Decarbonisation Efforts

Wien Energie | December 16, 2021

RIDDLE&CODE Energy Solutions, a subsidiary firm of the leading European blockchain interface company RIDDLE&CODE, announced a joint venture partnership with the largest energy provider in Austria, Wien Energie. The signing of the agreement took place on 9 December, with the objective of accelerating global decarbonisation efforts and distributing solutions that have proven effective in Vienna to customers worldwide. Under this agreement, Wien Energie and RIDDLE&CODE will share financial and technological resources to provide cutting-edge services and continue shaping the future of the energy market. A joint venture of two companies that have collaborated for years will leverage Wien Energie’s technical, commercial and legal expertise in the energy sector and access to more than two million customers, and RIDDLE&CODE’s know-how in asset tokenization. The energy market is complex, and the complexity further increases with decentralisation.Wien Energie has long-standing experience of decarbonising energy production portfolios. RIDDLE&CODE helps bring more transparency and traceability into the system, while incentivising sustainable business models, such as our dynamic Citizen Solar Power Plant. We are looking forward to strengthening our collaboration with our signature today and opening the next successful chapter for this young company." Michael Strebl, Wien Energie CEO Citizen Solar Power Plant utilises energy tokenization platform MyPower, patented Trusted Gateway and the regulatory-compliant Token Management Platform, which provides the foundation for trusted data sharing. Upcoming MyPower releases will focus on creating data market interfaces for all machines connected to the energy grid and offering tokenized green power purchase agreements. It will also focus on opening the platform’s capabilities to the automotive industry to create a “Green Mobility Chain of Trust”, which will provide a chain of evidence between green energy sources, charging stations and battery electric vehicles (BEVs). Wien Energie Wien Energie is one of Austria’s largest utility providers, responsible for ensuring the reliable supply of electricity, natural gas and heating to around two million people, 230,000 businesses and industrial facilities, and 4,500 farms in the Greater Vienna metropolitan area. RIDDLE&CODE Energy Solutions RIDDLE&CODE Energy Solutions, a subsidiary firm of the leading European blockchain interface company RIDDLE&CODE, provides the blockchain-powered infrastructure that enables resilient, low-cost and green electricity production and builds a foundation for a decentralised urban energy marketplace.

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SUSTAINABILITY

PDI Acquires GreenPrint to Offer More Retailers Loyalty-Based Carbon Offset Programs, Establishing PDI Sustainability Solutions

Professional Datasolutions, Inc. | March 02, 2022

PDI, a global provider of leading enterprise management software for the convenience retail and petroleum wholesale industries, has acquired GreenPrint, the corporate sustainability solutions leader. GreenPrint will become the foundation of the newly established PDI Sustainability Solutions practice, leveraging the company's expertise to continue building a portfolio that improves business results through eco-minded innovations. Founded in 2014 and headquartered in Atlanta, Georgia, GreenPrint provides "sustainability as a service" to increase consumer loyalty, sales, and profitability for clients around the world. As innovators of carbon offset programs, GreenPrint offers both turnkey and custom solutions that help companies meet their sustainability goals while enhancing their brand value. PDI retail customers can now offer consumers an opportunity to reduce their environmental footprint while fueling, as GreenPrint programs award carbon offsets based on the purchase of petroleum at the pump through a proprietary processing and reporting portal. Participating consumers will see their sustainable contribution and impact grow over time, as the loyalty-based program makes an ongoing investment in verified carbon offset efforts such as reforestation, landfill gas capture, renewable energy, and other green initiatives. GreenPrint carbon offset programs follow industry-leading certifications and standards. To add further credibility and effectiveness, all calculations and offsetting claims are certified by a top-five global accounting firm. The acquisition of GreenPrint, with the proven, tangible impact its programs make, is a meaningful addition that will help our customers advance their sustainability objectives. By investing in GreenPrint and other forward-looking innovations under the umbrella of PDI Sustainability Solutions, we can connect brands and retailers with consumers who share a vision for an environmentally responsible future." Linnea Geiss, Chief Operating Officer at PDI PDI Sustainability Solutions will include existing technologies built by PDI, such as EV charge price optimization algorithms, to support the evolution of the c-store and wholesale petroleum industries. PDI is also developing integration opportunities for GreenPrint across its Consumer Engagement solutions, including the Fuel Rewards program, GasBuddy app, and the PDI portfolio of white label loyalty programs. "When PDI looked at ways it could support consumers in sustainable actions at the pump and in the c-store, GreenPrint rose to the top," revealed Mark Coffey, SVP and General Manager of Consumer Programs at PDI. "GreenPrint is recognized for making sustainability actions simple and effective. This creates a strong sense of consumer goodwill and loyalty that aligns powerfully with the leading loyalty programs PDI currently provides." Together with PDI, GreenPrint will continue as the sustainability partner behind reduced emissions programs for brands that include Marathon, Stop & Shop, Twice Daily, Maxol, The GIANT Company, and many others. Today, GreenPrint helps reduce emissions on over one billion gallons of fuel annually across thousands of retail locations and over 100,000 corporate and municipal fleets in 15 countries. "GreenPrint is a pioneer in purpose-driven loyalty and invented the concept of offering carbon offset gasoline at the pump as a bridge to the future and a way to build consumer loyalty," said Pete Davis, Co-Founder and CEO at GreenPrint. "Today, we are thrilled to join PDI to expand and extend our efforts." Before co-founding GreenPrint, Davis founded and led numerous other loyalty and rewards programs across the retail, hospitality, and payments sectors and is renowned as an innovator of retail and rewards technology. Davis, GreenPrint Co-Founder and President Trenton Spindler, and the GreenPrint team will join PDI as part of the acquisition, where they will remain focused on sustainability and loyalty. Berenson & Company and Citizens M&A Advisory served as financial advisors to PDI and GreenPrint, respectively, in connection with the transaction. About PDI Professional Datasolutions, Inc. (PDI) software helps businesses and brands increase sales, operate more efficiently and securely, and improve critical decision-making. Since 1983, PDI has proudly served the convenience retail and petroleum wholesale industries. Over 1,500 companies, representing more than 200,000 locations worldwide, count on PDI solutions and expertise to deliver convenience and energy to the world. About GreenPrint GreenPrint is a global environmental technology company, offering sustainability as a service with patent-protected programs that deliver environmental impact and bottom-line results. An Inc. 5000 company and a member of 1% for the Planet, GreenPrint's turnkey offerings help companies meet sustainability goals while increasing brand value and customer loyalty— making it easy for businesses to do well by doing good. GreenPrint, A Public Benefit Corporation, is on pace to offset over 30 million metric tons of carbon by 2025.

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ENERGY

Indiana Governor Acknowledges Doral LLC’s $1.5 Billion Mammoth Solar Project During the 2022 State of the State Address

Doral Renewables LLC | January 15, 2022

Indiana Governor, Honorable Eric Holcomb delivered his 2022 State of the State address on Monday. Nick Cohen, President and CEO of Doral LLC was present as the Project was showcased by the Governor. Indiana is leading its Midwestern neighbors in economic success and Mammoth Solar is part of it. The project is being developed in Starke and Pulaski counties in Northwest Indiana and covers 13,000 acres of farmland. During construction, it is expected to provide approximately 500 jobs to area residents. Upon completion, it will generate 1.3 gigawatts of clean renewable energy, enough to power over 200,000 Indiana households annually. The project represents an economic investment of approximately $1.5 billion. “After I visited Tel-Aviv last year, Doral Renewables announced that they were building the largest solar farm in the United States on 13,000 acres in Starke and Pulaski Counties. Eventually, it would generate enough electricity to power hundreds of thousands of homes, all by cultivating the sun. Thank you, Nick (Doral LLC’s President and CEO), for your confidence and an incredible investment in the state of Indiana and our people,” said Governor Holcomb during his address. Governor Holcomb, the Indiana Economic Development Corporation (IEDC), and the people in Starke and Pulaski counties support of this project has been very strong. Indiana is a leader in the energy sector. Its effort to form the strongest industry cluster is working. Farmers and rural communities are seeing a revitalization as jobs, reduced taxes and millions in new revenue are delivered to the residents of the counties as a result of solar.” Nick Cohen, President and CEO of Doral LLC About Doral Renewables LLC (Doral LLC) Doral LLC was founded in 2019 as a joint venture between Doral Group and Clean Air Generation. Doral LLC currently has over 6 gigawatts of projects under development and over 30,000 acres of land control, mainly in Midwest and Mid-Atlantic U.S. The management team of Doral LLC includes experienced multidisciplinary individuals who worked together for many years in the renewables industry in the US.

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ENERGY

NFT Platform Voice Celebrates Earth Month By Going Carbon Negative

Ecologi | March 29, 2022

Voice, the NFT platform for creators, is kicking off Earth Month with a pledge to plant a tree for every NFT created on their platform during the month of April, supporting reforestation efforts that have a long-term impact on rebuilding the Earth's overall health. The pledge is part of the platform's commitment to leading the way in future-proofing Web3 and the creator economy. "Every NFT minted on Voice is already carbon neutral, so we're focused on reforestation and moving towards carbon negativity, Building a sustainable NFT ecosystem can't be done only by offsetting. We must also build a greener future." -Salah Zalatimo, CEO of Voice. The month's programming includes partnering with relevant creators and companies on an #ICreateCleanNFTs campaign, and both digital and in person events. Voice has partnered with Ecologi, a platform for real climate action. Ecologi facilitates the funding of carbon offset projects and tree planting around the world. All trees planted on behalf of the Voice community during April will be transparently viewable on the platform's virtual forest. "We are delighted that Voice has partnered with us to celebrate Earth Month, pledging to plant a tree for every NFT created on their platform in April, By pioneering the world's first eco-friendly blockchain technology, and by encouraging other platforms to take responsibility for their emissions, Voice's dedication to changing this notoriously energy-intensive industry is remarkable." -Linda Adams, Head of Partnerships, Ecologi. Voice is built using EOSIO, the world's first major environmentally friendly blockchain. EOSIO enables low carbon emission blockchain transactions by using a Delegated Proof of Stake consensus algorithm (DPoS), which does not require huge server farms to mine for a solution. In DPoS, elected block producers (BPs) take turns producing blocks, with no need to solve complex mathematical problems. Therefore, the only carbon footprint created when using DPoS is the power associated with adding blocks of transactions to the blockchain. Beyond pioneering an eco-friendly technology, Voice supports the Capricorn Ridge Wind Project, a wind generation plant in Texas. The company also partners with Google Cloud to ensure data usage is not just carbon neutral, but carbon negative. (source) The blockchain industry at large has been widely criticized for its impact on the environment. Voice calls upon fellow platforms and organizations to consider a matching commitment to carbon negativity and to pursuing eco-friendly, sustainable initiatives year-round. ABOUT VOICE Voice is an NFT platform that is carbon neutral, easy to use and multi-chain compatible. At Voice, we believe that NFT technology will change the internet by introducing verified ownership to our digital world. We're building a way for creators and communities to be rewarded for their engagement–the way it should be. ABOUT ECOLOGI Ecologi is a platform for real climate action and in 2021, the company was established as a certified B Corporation. It facilitates the funding of carbon reduction projects and tree planting around the world. Ecologi provides a simple but powerful subscription service to reverse climate change. To date, the company has planted over 38 million trees on the behalf of its subscribers and funded climate solution projects that have reduced over 1.5 million tonnes of CO2. Their mission is to reduce 50% of global CO2 emissions by 2040 and responsibly plant billions of trees every year.

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Spotlight

Historically the solar market in East Africa has been dominated by donor-led projects aimed at increasing the poor’s access to electricity as industry executives await the firming up of official government programmes. Yet with the intermittent nature of power in the region, coupled with escalating diesel costs - immediate and compelling business opportunities for the solar sector are on the rise.

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