ENERGY

Nucor Signs Second Renewable Energy Virtual Power Purchase Agreement in Texas

Nucor Corporation | March 25, 2021

Nucor Corporation today announced the signing of a 10-year Virtual Power Purchase Agreement (VPPA) with Ørsted Onshore North America, LLC for 100 megawatts from Ørsted's Western Trail wind farm (WTW) in North Texas. This is Nucor's second VPPA agreement. Nucor signed a VPPA with EDFR Renewables North America last year to be the sole off-taker for EDFR's 250-megawatt Brazos Fork solar power plant, also in Texas. Nucor's VPPA with Ørsted's WTW initiative complements the company's Brazos Fork involvement. These two projects have the potential to provide clean energy to the regional electric grid 24 hours a day, seven days a week.

"As an Electric Arc Furnace (EAF) steelmaker and North America's largest recycler, Nucor is already among the cleanest and most sustainable steel producers in the world. This agreement will enable us to further reduce our climate footprint beyond our operations," said Leon Topalian, President & Chief Executive Officer of Nucor Corporation. "Supporting the growth of renewable power generation is not only fundamental to who we are as a company, but it also allows us to continue to lead the way forward for the global steel industry."

The WTW project by Ørsted is currently under construction and is set to be in service later this year. The project, which combines Nucor steel and steel products, is intended to continue generating power even though extremely severe weather, such as the recent storms in Texas.

"We're excited to partner with Nucor in their efforts to invest in clean, renewable energy," said Vishal Kapadia, Senior Vice President and Chief Commercial Officer for Ørsted Onshore. "The PPA at Western Trail demonstrates our ability to provide customized solutions to support the achievement of corporate sustainability ambitions."

About Nucor

Nucor and its subsidiaries are steel and steel component producers with operations in the United States, Canada, and Mexico. Carbon and stainless steel in bars, beams, board, and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; steel grating; and wire and wire mesh are among the products manufactured. Nucor also brokers ferrous and nonferrous metals, pig iron, and hot briquetted iron / direct reduced iron, supplies ferro-alloys, and processes ferrous and nonferrous scrap through The David J. Joseph Company. Nucor is the major recycler in North America.

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ENERGY

Zendure Welcomes Jim Haflinger as Chief Technical Advisor

Zendure | January 21, 2022

Zendure USA Inc. announced that it has hired Jim Haflinger to the role of Chief Technical Advisor. As the Silicon Valley portable charger company expands into the sustainable energy sector, Haflinger will lend his decades of electrical engineering experience to Zendure's research and development team. Prior to joining Zendure, Jim Haflinger was a Senior Principal Engineer at Nortek, where for 11 years he designed many products for home automation, security, personal safety, and solar backup power. He served Kodak for over six years as a Lead Electrical Engineer for the company's printer division, designing printheads and multi-protocol interfaces. The role had him coordinating product design and manufacturing in Europe, Asia, and the United States. He was also the engineering representative for the Customer Experience team to make the products more user friendly and easier to install and use. In total, Jim Haflinger has over 30 years of experience designing a wide variety of products, including SCSI interfaces and diagnostic equipment, data management tools, and switching power supplies for medical applications. Haflinger holds a B.S. in Electrical Engineering and Computer Science from Santa Clara University and owns over a dozen patents on a variety of technologies. He is a member of IEEE (The Institute of Electrical and Electronics Engineers) and the Electric Auto Association and is the author of the 2nd edition of "Making SCSI Work". Recently, the company raised over $1.3 million in crowdfunding for their new SuperBase Pro power station. This year at CES, Zendure set up a high-tech camping experience for visitors and debuted even more energy storage solutions and solar power generators and has plans to further expand into sustainable energy and home power management. With Jim Haflinger's product development and engineering expertise, the company hopes to come up with innovative solutions to bolster and accelerate the green energy revolution, including next-gen solar power and energy storage products. We are elated to have Jim advising our team, and the timing couldn't be better. With his immense experience in all things electric, Jim will help us lead the global charge toward a sustainable future." Bryan Liu, Zendure CEO and founder Zendure is a sustainable energy company located in Silicon Valley in the United States and the Guangdong - Hong Kong - Macao Greater Bay Area in China. Since its establishment, Zendure has continuously launched innovative products, made rapid breakthroughs in the core technologies of energy storage and power supplies, and continues to bring pleasant surprises to the user experience. The company recently received a multi-million dollar series-A round of funding from a joint investment from Shanghai GP Capital and YOTRIO group.

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STRATEGY AND BEST PRACTICES

Johnson Matthey's technologies selected to enable sustainable fuel production for plant in Bilbao

Johnson Matthey | May 25, 2022

Johnson Matthey, a global leader in sustainable technologies, and bp, an international energy company, have announced that their co-developed, ground-breaking Fischer Tropsch (FT) CANS™ technology and Johnson Matthey's innovative reverse water gas shift technology, HyCOgen™, have been selected for use by Aramco and Repsol at a new synthetic fuels plant in Bilbao, Spain. The plant will be one of the world's first to use renewable (green) hydrogen and CO2 as its only raw materials. It is due to be commissioned in 2024, with a starting capacity of more than 2,100 tonnes per year. It will produce a sustainable synthetic drop-in fuel that can be blended for existing road vehicle engines, planes and ships. It is the second licence signed for the FT CANS technology, which was jointly developed with bp to deliver significant environmental and operational benefits. It converts synthesis gas (syngas), generated from sources such as industrial emissions, direct air capture, municipal solid waste or other renewable biomass, into long-chain hydrocarbons suitable for the production of diesel and jet fuels. It is the first licence signed for Johnson Matthey's recently launched HyCOgen technology, which uses a catalysed process to convert CO2 and green hydrogen into carbon monoxide (CO), which is then combined with additional hydrogen to form syngas. Coupling HyCOgen and FT CANS technologies provide an end-to-end, scalable process optimized for high conversion efficiency — enabling the production of premium quality synthetic crude oil. Aramco Chief Technology Officer, Ahmad Al-Khowaiter, said: "This agreement supports our ongoing work to develop lower-emission transport solutions and we are thrilled by the opportunity it represents. Converting CO2 into synthetic, lower-carbon fuels can meaningfully contribute to the reduction of transport emissions and, through this strategic partnership, we aim to harness innovative technologies that can unlock the full potential of both sustainable fuels and chemicals — and demonstrate their competitiveness." Adriana Orejas, Director Industrial Transformation and Deep Tech at Repsol said: "The development of Bilbao synthetic fuel, where sustainable synthetic fuel shall be produced, represents an important step on our commitment of being a Net Zero Emission company by 2050, aligned with the climate objectives set out in Paris by COP21. Coupling Johnson Matthey, a reliable and demonstrated global leader technologist, HyCOgen and FT CANS Technology allow us to demonstrate the whole value chain of producing sustainable fuel from CO2 and renewable hydrogen as unique raw materials, complementing Repsol´s portfolio of Low carbon fuels alternatives." Noemie Turner, VP Technology development & commercialisation at bp, said: "Repsol and Aramco choosing to license our co-developed FT CANS technology recognises great science and engineering. This builds on the first license to Fulcrum Bioenergy, further demonstrating the key role of the technology in the production of sustainable fuels." Jane Toogood, Sector Chief Executive at Johnson Matthey, said: "In licensing both the HyCOgen and FT CANS technologies for their Bilbao plant, Repsol and Aramco have recognised the potential of this pioneering solution — and shown that we're a trusted partner in sustainable fuel production technology." The scalability of the combined HyCOgen and FT CANS solutions enables cost-effective deployment across a wide range of project sizes. Either technology can also be licensed independently. About Johnson Matthey: Johnson Matthey is a global leader in sustainable technologies that enable a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers' products. Our science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet's natural resources. Today about 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us.

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STRATEGY AND BEST PRACTICES

Maxeon Solar Technologies Signs Agreements to supply over 300MW of Performance Line Solar Panels to Cypress Creek Renewables

Maxeon Solar Technologies | March 16, 2022

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that leading solar company Cypress Creek Renewables ("CCR") placed a multi-year order for approximately 315 megawatts (MW) of Maxeon's high-efficiency shingled bifacial Performance line solar modules. CCR has agreed to procure up to 315MW of Performance line modules to power multiple solar projects in both Washington and Texas. This new order follows an earlier purchase by CCR of 48MW of Maxeon's Performance line modules. Sarah Slusser, CEO at Cypress Creek commented, "Cypress Creek Renewables is excited to be working with Maxeon Solar Technologies to fulfill this mission as we move forward with further development opportunities. Having a solid module partner at this time with a strong manufacturing presence provides our organization with the comfort needed to turn our focus to a seamless project execution strategy." "We believe that the U.S. solar market is poised for continued strong growth, This deal validates Maxeon's strong position as a major module supplier into the large and growing U.S. utility scale market. We are pleased to be further strengthening our relationship with key strategic partners like Cypress Creek Renewables and we look forward to continuing help power their growth in the United States." -Jeff Waters, CEO at Maxeon Solar Technologies. CCR's power plant projects will be supplied from Maxeon's recently expanded Performance line module capacity designed to serve the U.S. solar power plant market with leading-edge high-efficiency bifacial products that optimize customer levelized cost of energy (LCOE). About Maxeon Solar Technologies Maxeon Solar Technologies is Powering Positive Change™. Headquartered in Singapore, Maxeon designs and manufactures Maxeon® and SunPower® brand solar panels, and has sales operations in more than 100 countries, operating under the SunPower brand in certain countries outside the United States. The company is a leader in solar innovation with access to over 1,000 patents and two best-in-class solar panel product lines. Maxeon products span the global rooftop and solar power plant markets through a network of more than 1,400 trusted partners and distributors. A pioneer in sustainable solar manufacturing, Maxeon leverages a 35-year history in the solar industry and numerous awards for its technology. About Cypress Creek Renewables Cypress Creek Renewables (CCR) is a leading renewables IPP. CCR develops, finances, owns and operates utility-scale and distributed solar and storage projects across the country. The mission is to power a sustainable future, one project at a time. Since inception, CCR has developed more than 11.5GW of solar projects. Today CCR owns 1.7GW of solar and through its O&M Services business, operates 4GW of solar projects.

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ENERGY

Amshore Renewable Energy Announces New Executive Appointments

Amshore | March 03, 2022

Amshore, a leading renewable energy developer, announced promotion of Cas Purdy to Chief Administrative Officer (CAO) and the appointment of Leo Anzaldua as Controller. Both Cas and Leo are seasoned business executives responsible for maximizing our company’s operating performance and helping achieve corporate objectives. By promoting Cas, bringing Leo on board, and our investments in development, we are building out our management team with the talent we need to take our renewable energy development business to the next level. Our focus on delivering exceptional services to our clients will be enhanced by our ability to provide more corporate-level support to our development team—freeing them to focus on revenue-generating clean energy projects.” Deana Strunk, Owner at Amshore As Chief Administrative Officer, Cas has a broad range of responsibilities including strategic planning, finance, legal, human resources, information technology, marketing, communications and more. He was previously Executive Vice President at Amshore. Cas has more than 20 years of experience in business leadership. Prior to Amshore, he was Vice President and Head of Marketing at cybersecurity company Trustwave. He also held leadership roles at IBM, Websense (now Forcepoint) and Guidance Software (now part of OpenText). Cas received his bachelor’s degree in Public Relations from the University of Texas at Austin, and he studied French at the University of Paris (La Sorbonne). As Controller, Leo leads and directs the accounting and finance functions at Amshore. He has more than 30 years of financial experience. For more than a decade, Leo was Controller/Vice President of Finance at ClimbTech. Before ClimbTech, he was Director of Accounting at Personal Administrators. Leo studied business administration at The Tecnológico de Monterrey in Mexico. According to the U.S. Energy Information Administration, 2020 saw consumption of renewable energy in the United States grow for the fifth year in a row, reaching 12 percent of total U.S. energy consumption. Renewable energy was the only source of U.S. energy consumption that increased in 2020 from 2019.1 Over the last 20 years, Amshore has originated and developed solar and wind energy facilities generating 2.9 gigawatts of power covering over a half a million acres. Recently, Amshore promoted former senior project developer Aaron Young to Vice President, Development. About Amshore Amshore Renewable Energy develops sustainable energy solutions for utility companies and independent power producers looking to expand their renewable energy projects throughout North America. Amshore has originated and developed solar and wind energy facilities generating 2.9 gigawatts of power covering over a half a million acres, and the company offers advanced energy management control and novel energy storage systems. Established in 2002, Amshore is based in the Dallas, Texas, area.

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Spotlight

Want a good job that's also good for the environment? Canada's green sector could be just the work environment that you're looking for...44 of environmental employers plan to hire workers in n the next two years, either to augment their workforce %.1 or to replace workers who leave. Grow These emerging markets and areas are predicted to have high growth.

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