SOLAR+STORAGE

Hartree Partners Starts 4GW Solar Enterprise AMPYR Solar Europe

Hartree Partners | February 02, 2021

Hartree Partners has reported the dispatch of another solar enterprise, AMPYR Solar Europe (ASE).

The new organization is the consequence of a joint endeavor between the energy exchanging organization, AGP Group and NaGa Solar.

ASE will build up an arrangement of at any rate 4GW of solar tasks in the UK, the Netherlands and Germany. It expands on Hartree's current partnership with AGP, with the two organizations previously creating 1.5GW of coastal breeze, solar PV and related battery stockpiling in the UK.

The UK resources will join with those generally being worked on in the Netherlands and Germany through NaGa also.

ASE will join AGP's enormous scope inexhaustible force project advancement experience, Hartree's force exchanging examination and NaGa's territory improvement ability, the organizations said. Together they will have the option to accelerate the form out of solar, and offer a €1 billion speculation opportunity.

Stephen Hendel, a founding partner at Hartree, said the company was “really excited” to be working with AGP and NaGa on the joint venture.

“The scale of the proposed development represents a major addition to Europe’s solar capacity and offers institutional infrastructure investors the opportunity to benefit from the diverse skill sets ASE brings together.”

Solar will assume a vital part in the energy frameworks of countries across Europe as nations move towards carbon impartiality, yet this will require a huge scope work out. Another report from research organization Ember a week ago featured that sustainable limit should significantly increase if environment objectives are to be met.

In the UK, in spite of difficulties made by an absence of appropriations and the COVID-19 pandemic 545MWp (DC) of new solar PV limit was introduced during 2020. This is relied upon to fill further in 2021, as the market's sans endowment stage accumulates pace.

“To continue to generate strong consistent returns from solar, we believe investors must deploy capital earlier in the development process as well as embrace new technologies such as batteries and hydrogen,” said Henny Pelsers, CEO of NaGa.

“Partnering with AGP and Hartree allows us to accelerate the speed and expand the number of sites we could have developed on our own and will provide the quick deployment of capital necessary to build a large portfolio of attractive solar investment opportunities.”

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SOLAR+STORAGE

AEP Energy And Global Energy Generation Execute Solar Power Purchase Agreement In PJM

American Electric Power | May 03, 2021

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SUSTAINABILITY

New flagship project for Aker Carbon Capture in the UK

Aker Carbon | June 16, 2022

To develop the groundbreaking Keadby 3 Carbon Capture Power Station, UK energy company SSE Thermal and Equinor have selected a consortium of Aker Solutions, Siemens Energy and Doosan Babcock, with Aker Carbon Capture as the carbon capture provider. The consortium has been awarded the FEED contract for the gas-to-power plant equipped with carbon capture technology to be built in the Humber region. Aker Carbon Capture and the consortium have agreed on the essential key terms and expect to sign the formal agreement shortly. Over the next 12 months, the consortium will deliver together with Aker Carbon Capture a detailed plan for the proposed plant – which would have a generating capacity of up to 910MW - bringing their vast technological expertise to bear on the realization of the decarbonized power station in the Track-1 East Coast Cluster. Keadby 3 Carbon Capture Power Station is set to utilize cutting-edge gas turbine technology from Siemens Energy. The UK Government has set ambitious targets for the country to become a world leader in carbon capture and storage (CCS) and Keadby 3 Carbon Capture Power Station will play a pivotal role with the ability to capture up to 1.5 MT of CO2 annually, around four times the size of Brevik CCS. A recently released socio-economic report outlined that the plant could deliver £1.2bn for the UK economy, including significant benefits for the local area. "Our ambition with Keadby 3 is to deliver one of the UK's first power stations equipped with carbon capture and through awarding this contract we continue to build momentum behind that goal. The proposed low-carbon plant at Keadby will not only provide vital flexible power while backing up renewables, it will also play a key role in meeting decarbonization targets. The reality is that multiple power-CCS projects will be needed to reach net zero and we hope to see the UK Government recognize that when it provides an update on Cluster Sequencing this summer." - Catherine Raw, Managing Director at SSE Thermal. "We are delighted to be an essential part of such an important project with our field-proven carbon capture technology, We support SSE Thermal's strategy to deliver solutions to provide energy needed today while building a better world of energy for tomorrow. This project helps strengthen British energy security and contributes at the same time to the decarbonization of the industry. This is a giant leap forward for Aker Carbon Capture in terms of further establishing our carbon capture business in the UK." -Valborg Lundegaard, Chief Executive Officer at Aker Carbon Capture.

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ENERGY

SEA Electric Continues Push into Zero-Emissions School Buses

SEA Electric | March 15, 2022

The global leader in e-Mobility technology, SEA Electric, continues the push into the zero-emissions school bus space with the piloting of a Blue Bird Type C schoolbus powered by a SEA-Drive(R) 120b power-system. The pure battery-electric Type C model can accommodate up to 84 passengers, offering school bus fleets with market-leading performance and value for money. The technology underpinning the platform has been proven with more than 1.5 million miles of real-world telematics data, demonstrating SEA Electric to be a dependable business partner. "More and more, schools are looking to the future with zero emissions school bus technology, reducing their carbon footprint while enhancing the air quality around their campuses and local areas," - Mike Menyhart, SEA Electric's President for the Americas and Chief Strategy Officer. "In the history of SEA Electric, we have already seen an incredible movement to switch to electric school bus technology, and we are proud to service the marketplace with the most cost-effective all-electric power system in the world. Outside of the sustainability factors, SEA Electric's systems provide lower maintenance and ongoing operating costs, with fuel eliminated and fewer moving parts lowering service expenses and downtime." At the heart of the model is the SEA-Drive(R) 120b power-system, which has found favor in a wide range of commercial vehicle applications across the globe. With a maximum power of 335hp and peak torque of 1,845lb-ft, the package has range of up to 150 miles between charges, more than enough for even the most demanding school bus route. "After driving this pilot vehicle myself and comparising to a diesel equivalent driven the same day, it became abundantly clear that this transition must occur in scale and soon," - CEO and Founder of SEA Electric, Tony Fairweather The battery solution has a 138kWh capacity and a projected life cycle of more than 10 years, at which time it is envisioned that the cells would be repurposed for continued use. Standard charging through the integrated onboard charger can be provided through Level 2, Single Phase (208/240 VAC) up to 19.2kW, while optional fast charging is achieved via standard CCS Type 1, Level 3, DC fast charging, at a rate of up to 100 kW. Notably, the system is also Vehicle-to-Grid (V2G) capable, paving the way for future power grid security and revenue opportunities. Supporting all SEA Electric products is a five-year battery warranty, with systems also backed by a three year or 50,000 mile warranty. About SEA Electric Global automotive technology company SEA Electric was founded in Australia in 2012, creating its proprietary electric power-system technology (known as SEA-Drive(R)) for the world's urban delivery and distribution fleets, as well as front powered school bus applications. Widely recognized as a market leader in the electrification of commercial vehicles on a global basis, SEA Electric commands a global presence, deploying product around the world including USA, Australia, New Zealand, Thailand, Indonesia, South Africa and throughout Europe, with collectively more than one million miles of independently OEM-tested and in-service international operation. Recently, SEA Electric's European base has been founded in England, with further operations being established in Italy, Spain, France and Germany to support the region. The company's global sales, after-sales and engineering are represented in all subsidiaries, whilst North America, home to the company's headquarters, has the largest upfitting capacity for SEA Electric at 60,000 units per year.

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FOOD SYSTEMS

AlsoEnergy, a Stem Company, Launches Premier Distribution Channel

AlsoEnergy | June 08, 2022

AlsoEnergy, a Stem (NYSE: STEM) company and a leading edge-to-cloud clean energy optimization platform provider, has launched a premier distribution channel to further accelerate the adoption of clean energy assets. Building on the success of its direct sales, AlsoEnergy is leveraging Stem’s proven channel sales model and relationships with global distributors to begin offering its edge-to-cloud platform more broadly across the U.S. The new distribution channel provides Engineering, Procurement and Construction (EPCs) and developers with streamlined access to AlsoEnergy’s platform that unlocks improved economic and operational opportunities for a range of systems, including solar Commercial and Industrial (C&I) systems. The channel launched with a leading North American distributor and is expected to expand to other distributors. Designed for C&I projects up to 3 megawatts (MW), the platform includes edge solutions that collect and log data about onsite conditions from various clean energy hardware. The data is then securely transmitted to PowerTrack, AlsoEnergy’s cloud application for optimization of clean energy assets, providing insights into weather-adjusted, expected site performance. Accompanying 5-year PowerTrack subscriptions, three of AlsoEnergy’s edge solutions will now be offered through its distribution channel, including AlsoEnergy’s Power Light Commercial Solution 400, Power Light Commercial Solution 600 BASE, and Power Light Commercial Solution 600 PLUS. “For more than a decade, AlsoEnergy has consistently delivered reliable edge-to-cloud solutions to empower energy stakeholders to realize higher returns in the evolving energy market, By launching a distribution channel, we are able to serve a larger market in the U.S. and more diversified energy asset portfolios by improving access to our industry-leading solutions. As a new part of Stem, we are excited to continue to grow this channel to accelerate the clean energy transition.” -Bob Schaefer, President of AlsoEnergy. “Three years ago, the Stem Partner Program pioneered bringing energy storage to the distribution channel and established successful relationships with national and global distribution leaders, As a key post-acquisition milestone for Stem and AlsoEnergy, this new distribution channel is an important step for the companies’ business goals to create an inclusive energy economy by delivering synergistic, market-leading solutions.” -Alan Russo, Chief Revenue Officer at Stem. As a newly combined company, Stem and AlsoEnergy are uniquely positioned to meet the increasingly complex needs of the energy market as it matures, reinforcing their commitment to their partner network. Since 2019, the Stem Partner Network has yielded more than 500 active partners and more than 48GWh of active projects. About Stem Stem (NYSE: STEM) provides solutions that address the challenges of today’s dynamic energy market. By combining advanced energy storage solutions with Athena®, a world-class AI-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation, and grid power. Stem’s solutions help enterprise customers benefit from a clean, adaptive energy infrastructure and achieve a wide variety of goals, including expense reduction, resilience, sustainability, environmental and corporate responsibility, and innovation. Stem also offers full support for solar partners interested in adding storage to standalone, community or commercial solar projects – both behind and in front of the meter. With the acquisition of AlsoEnergy, Stem is a leader in the solar asset management space, bringing project developers, asset owners and commercial customers an integrated solution for solar and energy storage management and optimization. About AlsoEnergy From its founding, AlsoEnergy has led the market in edge-to-cloud portfolio management solutions that make clean energy more resilient, manageable, and scalable. With the clean energy economy offering unprecedented opportunities, AlsoEnergy empowers businesses to rapidly scale and confidently optimize their clean energy portfolios with distributed assets in utility, C&I, and aggregated residential. PowerTrack, AlsoEnergy’s flagship portfolio management application for users throughout the value chain, drives insightful decisions that improve business efficiencies and financial and energy performance. Our dedicated team with deep industry expertise provides tailored solutions throughout the lifetime of clean energy assets. AlsoEnergy was recently acquired by Stem, the leader in smart energy storage.

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