Volvo Energy | June 17, 2022
Volvo Energy invests in the UK-based, second-life battery energy storage specialist Connected Energy in order to further accelerate Volvo Group's battery business and sustainability opportunities.
In its mission to support and secure an attractive and sustainable circular business model for batteries, Volvo Energy is investing approx. SEK 50 M for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy.
"There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of second-life battery energy storage systems and further secure circular business opportunities for the forthcoming ramp-up in Volvo Group's second-life battery returns, Together with Connected Energy, we will minimize the environmental impact of the batteries that has powered Volvo Group vehicles. By repurposing the batteries, we obtain the full value from them – from a climate, environment and business perspective."
-Joachim Rosenberg, President Volvo Energy.
"We couldn't be more pleased to welcome our new investor Volvo Energy on board and look forward to forging a path to increasing the sustainability of both electric vehicles and grid connected energy storage. Our collaboration will enable us to optimize the potential for battery reusage and ensure that the resources in the batteries are used effectively,"
- Matthew Lumsden, CEO Connected Energy.
Volvo Energy is one of five new investors including Caterpillar Venture Capital Inc., the Hinduja Group, Mercuria, OurCrowd to join existing investors of Connected Energy; Engie New Ventures, Macquarie, and the Low Carbon Innovation Fund.
Facts Volvo Energy
Volvo Energy is a business area within the Volvo Group dedicated to providing essential support and infrastructure during the first-life, i.e. when batteries are mounted on vehicles, whilst subsequently securing reliable and sustainable second-life opportunities prior to battery recycling. Consequently, Volvo Energy supports to optimize first-life, creates and prolongs the second-life opportunities and thereby expanding the value creation from a climate, environment and business perspective.
Facts Connected Energy
With its headquarters in Newcastle upon Tyne, Technical Centre in Norfolk and systems operational in the UK, Belgium, Germany and Netherlands, Connected Energy is one of only a handful of companies in the world to have proven that second life vehicle batteries can be used in commercial battery storage systems. Connected Energy has sixteen operational systems across Europe: Belgium, Germany, the Netherlands and the UK with its largest at Cranfield University in Bedfordshire, England.
Enviva | December 17, 2021
Enviva Partners, LP, a global renewable energy company specializing in sustainable wood bioenergy, announced that it has entered into multi-year recruiting and career development pipeline agreements with four significant Historically Black Colleges and Universities (HBCUs) across the U.S. Southeast, to identify, recruit, and hire new employees for its rapidly growing business.
Enviva, which operates ten modern biomass production plants and six port terminals from North Carolina to Florida, is seeking to hire talent at all levels of the organization from North Carolina A&T University (Greensboro), North Carolina Central University (Durham), Alabama A&M University (Huntsville), and Jackson State University (Jackson, Mississippi). Enviva will participate in career fairs and student enrichment opportunities at these universities and finance scholarship opportunities with each institution to facilitate careers in renewable energy and sustainable forestry for African Americans.
As a global renewable energy company and leader in forest stewardship, we have a responsibility to be intentional about diversifying our workforce at all levels of our company to help shape the future of a net-zero world.That work begins with recruiting some of the brightest and most ambitious minds which emerge from these prestigious HBCUs located in the geographic region of our operations. These institutions have world-class agriculture and forestry programs and help educate amazing future engineers to help us design, build, operate and continuously improve our plants, terminals, and business around the world. There are no better spaces from which to grow our business from a talent perspective.”
John Keppler, Co-Founder, Chairman and Chief Executive Officer at Enviva
These new partnerships will reinforce Enviva’s existing recruitment efforts, focusing outreach on an array of graduates from each of the universities, including electrical, mechanical, and civil engineers, in addition to forestry, agriculture, and agribusiness majors. Enviva expects to place the recruits across its facility fleet, including at its corporate headquarters in Bethesda, Maryland, and Raleigh, North Carolina, in addition to its manufacturing plants and terminals.
Enviva is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source that is produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva sells a significant majority of its wood pellets through long-term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan. Enviva owns and operates 10 plants with a combined production capacity of approximately 6.2 million metric tons per year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi. In addition, Enviva exports wood pellets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida.
ING Americas | May 21, 2022
ING Americas (ING) has been engaged by Clean Energy Holdings, LLC (CEH) as its financial advisor in respect of the financing of projects by the Renewable Energy and Technology Alliance (The Alliance) being assembled by CEH. ING brings multiple areas of expertise to CEH's Platform and projects including advisory services and leading the capital raising requirements for the project.
Equix Inc., a well-established and highly respected infrastructure firm, is also joining The Alliance bringing industry leading execution experience including Engineering, Procurement, and Construction (EPC) in both renewable energy and hydrogen facilities. Bair Energy, LLC (BE) joins The Alliance as the Program Management Construction Management (PMCM) and serves as The Alliance Representative for the CEH Platform. The Alliance is working with an experienced commodities group to market and lead offtake negotiations for its projects.
Clean Energy Holdings, ING Americas, and Equix Kick-off 250 MW Green Hydrogen Alliance Project in Texas
ING will take the lead in securing project financing for CEH's 250 MW Clear Fork, TX renewable energy supplied green hydrogen and liquefaction project. As one of the largest and leading green hydrogen developments in North America, the project has a baseline schedule slated to enter commercial operations in the third quarter of 2024. The project is expected to produce a levelized average of 30,000 kg a day of liquefied green hydrogen. The CEH Platform is designed to attract leading edge and emerging technologies to integrate into our projects for validation and certification.
"Our Alliance is leading energy transformation, and we are committed to continue to lead the North American market in the production and implementation of green hydrogen for industrial, chemical, and mobility applications. We are also driving technological advancements developed through our projects. We have assembled a group of industry leaders as well as local and state governments to navigate through the potential challenges as we deliver our projects from concept to delivery and provide turnkey projects with a complete basis for design. Our Alliance delivers on contract and safety, with guaranties. This project is a strategic priority for The Alliance to showcase its turnkey design, long term operations and production guaranties."
-CEO of Clean Energy Holdings, Nicholas Bair
"These early, large-scale, projects will help define the green hydrogen industry in North America. Our Alliance partners and advisors have been carefully selected as both best-in-class for their respective roles and dedication to make these projects a success."
-CEH President, Cornelius Fitzgerald
ABOUT CLEAN ENERGY HOLDINGS
Clean Energy Holdings (CEH) is a renewable energy and technology platform focused on developing, owning, and operating leading edge, innovative and reliable renewable energy and low carbon facilities. CEH is a technology centric platform and, with our Alliance Partners, provides turnkey solutions for innovative projects like Clear Fork Green Hydrogen, the second Green Hydrogen project brought forward by CEH. Further, the CEH projects have been carefully selected to lead various State and Regional initiatives aimed to bring cost effective Green Hydrogen fuel to transportation corridors as well as industrial clients.
ABOUT BAIR ENERGY
BE is a Program Management and Construction Management (PMCM) firm with a focus on renewable energy projects in both domestic and select international markets. In its PMCM role, Bair Energy manages and coordinates platform concepts with viable projects to take advantage of benefits, like efficiencies of scale, not available to the projects individually. In addition, Bair Energy oversees construction of individual projects. In all roles, Bair Energy has embraced a philosophy for Health, Safety, and Environmental Excellence.
ABOUT ING Americas
ING Americas offers a full array of wholesale financial products, such as commercial lending, financial markets, corporate finance and advisory products and services in the U.S. to its corporate and institutional clients. We know being sustainable is not just about reducing our own impact, it's also in the choices we make—as a lender, in our financing, and through the services, we offer our customers. That's why sustainability is inherent to our purpose of empowering people to stay a step ahead in life and in business. ING Americas is the brand name of ING's corporate and institutional client business in the Americas region, operating in the U.S. through ING Financial Holdings Corporation and its subsidiaries ("IFH"). IFH is a subsidiary of ING Bank N.V., and a part of ING Group N.V. ("ING").
ABOUT EQUIX INC.
Equix, Inc. is a private contracting firm that develops people and companies in the technical, professional, and construction services industries across North America. Focusing on utility and infrastructure projects offering full-service surveying, design, construction, and maintenance services to the renewable energy, broadband, electric, heavy civil, pipeline, water, and wastewater markets. Equix employs over 1,250 team members across 27 corporate offices in 13 states. They are licensed to do business in over 30 states across all service offerings.
A DECE OASIS(ADO) | May 31, 2022
On May 27th, A DECE OASIS(ADO) ebike laboratory passed the internationally recognized organization SGS qualification as "QTL laboratory" certification! This is undoubtedly a breakthrough achievement and this is a new chapter for ADO right after the 1st anniversary ceremony.
The laboratory is about 3,300 square meters located in south of Huizhou, with a total investment of 15 million RMB .The ADO Laboratory is committed to research new technology for building a better electric bike, also incubating leading innovative products. However, SGS advanced testing technology would definitely benefit on upgrades the quality of products, enhance the product research ability, and technological innovation ability in the electric bike industry as well .
This certification is a recognized benchmark for quality and integrity. It provides comprehensive testing in accordance with EU, Canadian and other standards and issues widely recognized authoritative testing reports. It is the only leading brand designated by many notaries.
ADO's DECE series products have passed SGS CE certification. However, the ADO laboratory has already met the SGS facility requirements and has many advanced testing instruments that can handle testing items such as comprehensive support for new product testing, component testing, electrical system safety assessment, and mechanical fatigue testing. It will cover functional testing of product, mechanical, material, strength properties, etc.
As of today, ADO has more than 16 patents and 6 software copyrights, and developed the ADO G-Drive dual-mode control system, forming a differentiated competitive advantage in product performance. Now, with the support of SGS, CE certification and QTL laboratory certific ation, it means that ADO has an international leading edge in product quality and specifications.
ADO always puts users first, insists on product quality and service, and is committed to building an ebike community with full of love and growth. With the strategic goal of building a global brand of technological innovation in the pedelec vertical industry, the dream has come true and become a global trustworthy brand from China as "Crescent Moon Spring".