SOLAR+STORAGE

Ubiquitous Energy Secures Strategic $8M Equity Investment from ENEOS Holdings

Ubiquitous Energy | March 18, 2021

Ubiquitous Energy, the leader in truly transparent solar energy technology, has secured a strategic equity investment of $8M from ENEOS Holdings, one of the most prominent and comprehensive energy, resources, and materials companies in Asia. The investment from ENEOS represents an initial close of Ubiquitous Energy’s Series B financing round and will help support the company’s go-to-market strategy and production efforts — helping to bring its UE Power™ window products to market in the US and internationally.

There is a strong strategic alignment and synergy between Ubiquitous Energy and ENEOS. UE is focused on developing new ways to reduce humanity’s carbon footprint by seamlessly integrating solar technology into everyday products and surfaces, without aesthetic compromises. ENEOS has a portfolio that reduces carbon dioxide emissions and have begun investing substantial resources behind their smart city and renewable energy strategies. Working together they will pioneer the cultivation of an accessible low-carbon and renewables-oriented society.

“We are very pleased to announce our partnership with ENEOS. They share our commitment to powering the buildings of the future with renewable energy and we look forward to a long and fruitful partnership with the ENEOS team.”

About Ubiquitous Energy

Ubiquitous Energy is the world leader in transparent photovoltaics. Its award-winning UE Power™ technology is the world’s only truly transparent solar product. UE Power™ harvests solar energy and serves as an invisible, onboard source of electricity for a variety of end use products. The thin coating can be applied to the surface of window glass to provide electricity generation and energy efficiency while remaining visibly indistinguishable from the fully transparent standard windows on the market today. Originally spun out of MIT, Ubiquitous Energy is now producing its highly transparent, efficient solar cells and windows in its production facility in Silicon Valley.

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JA Solar Holdings Co., Ltd is a world leading manufacturer of high-performance solar power products that convert sunlight into electricity.


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SUSTAINABILITY

SGS assesses that NaaS reduces Carbon Emissions by 896,800 tons a year

NaaS | February 14, 2022

It is commonly said that new energy vehicles (EV) promotes green energy and travel, so then just how much are emissions reduced by EVs, as compared to traditional internal combustion engine (ICE) vehicles? Recently, NaaS, one of China's leading new energy operations and technology providers, revealed the answer by enabling the transition from ICEs to EVs and facilitating the aforementioned emissions and carbon reduction, receiving recognition from the international testing agency SGS for the amount of emissions reduced in the process. According to SGS's "Assessment Report of Greenhouse Gas Emission Reductions on Alternative Traveling by NaaS Electric Vehicles" (the "SGS Assessment Report"), in 2021, NaaS, through the Company's cooperation with Kuaidian and other partners, provided charging services that reduced carbon emissions by 896,800 tons, based on emissions of 661,100 tons versus the 1,557,9000 tons that would have been emitted by traditional ICEs for the same distances travelled. The SGS Assessment Report relied on the Clean Development Mechanism (CDM), the 2006 IPCC Guidelines for National Greenhouse Gas Inventories, and the China Certified Emission Reduction (CCER)'s related process and methodologies to make the assessment, and primarily focused on the greenhouse emissions related to EVs that used NaaS' partner Kuaidian's related charging services. Recently, the global adoption of EVs has reached a breakthrough. In 2021, China's EV sales and penetration rate continues to grow rapidly month on month, and the market has reached a stage of explosive growth. According to statistics from the Public Security Bureau, at the end of 2021, the total number of EVs in China reached 7.84 million, representing 2.6% of all automobiles, and an increase of 59.25% year on year. According to the China Passenger Cars Association (CPCA)'s latest projections, total sales of new EVs is expected to exceed 6 million in 2022, representing a market penetration rate of approximately 22%. In addition, based on the Ouyang Team's analysis and estimates, China's new EV sales will reach between 17 million and 19 million by 2030. In terms of total number of EVs on the road, total EVs in China will reach approximately 100 million by 2030, nearly 200 million by 2035, and nearly 300 million by 2040. Based on the expected increase in the number of EVs on the road in China, it can be anticipated that the trends driving the transition from ICEs to EVs will continue to strengthen, and bring with it an increasingly strong decarbonization effect. These trends also mean that the market for EV charging services in China have tremendous room for growth and potential for development. NaaS, as an enabler and strong supporter of EV adoption and the government's "Dual Carbon" goals, provides the charging infrastructure and services that enables green energy and travel. NaaS, through the Company's electric charging partners, reliable technology, and strong operational capabilities, will continue to contribute strongly to the decarbonization of transportation services. As an EV charging operations and technology provider, NaaS services China's fast public charging network by providing software services, hardware and equipment, and integrated technical support, and is a preferred partner within the EV charging industry. NaaS aims to make EV charging more convenient, faster, and the experience better, and enable all members of the industry value chain to improve efficiency and effectiveness. The Company aims to raise the utilization rates of chargers as part of the structural adjustments in China's energy industry, and help realize "Carbon Neutrality" in the process. SGS is an organization with over 140 years of history in testing, inspection and certification, and is headquartered in Switzerland. SGS is globally recognized for quality and trusted standards assessment. SGS has for six continuous years been included in the Dow Jones Sustainability Indexes, and for the past three years in the FTSE ESG index. SGS has over 96,000 employees globally in 2,600 related branch organizations and laboratories. In China, SGS' services already cover the apparel and shoe industry, electronics, agriculture, food and beverage, chemicals and petroleum, mining, environmental, transportation and e-commerce industries' upstream and downstream supply chain. About NaaS Established in 2019, NaaS is one of China's leading new energy operations and technology providers. NaaS is China's leading comprehensive EV charging service platform and is servicing China's #1 fast charger network with over 175,000 fast chargers. NaaS also offers hardware, software, and technology services and solutions to charger operators and works with all members of the EV charging value chain. NaaS aims to make EV charging easier, better, and more efficient for all stakeholders, and to promote and ensure decarbonization and carbon neutrality throughout the automotive value chain.

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ENERGY

Scout Clean Energy Appoints Mark McGrail as Chief Commercial Officer

Scout Clean Energy | February 03, 2022

Scout Clean Energy, LLC ('Scout'), a Colorado based renewable energy developer, owner, and operator, is pleased to announce that renewables industry veteran Mark McGrail has joined as Chief Commercial Officer, further strengthening Scout's executive leadership team. Our business continues to experience strong growth stemming from a successfully diversified asset portfolio across multiple renewables technologies and storage. This is an important time to bolster our senior bench as we seek to optimize our 1.2 GW operating portfolio and bring our substantial pipeline of utility scale wind, solar and storage projects through development and construction over the next few years. We are excited to welcome Mark as CCO and a member of the executive team along with John Clapp (CFO), Andrew Young (COO) and me." Michael Rucker, Scout Founder and CEO Mark brings over 23 years of energy industry experience to the Scout platform, including 14 years specializing in renewables. Mark is an energy industry veteran with deep expertise in the development, operation, and management of large-scale renewable energy assets and is excited to help Scout navigate this next growth phase. He was formerly the Vice President / Chief Commercial Officer for the Global Power Generation division of Enel Green Power North America where he was responsible for overseeing commercial offtake contracts with corporate, utility, banking and insurance customers. "I am impressed with the growth and expansion Scout has achieved in recent years," said McGrail. "The level of executive talent across Scout's development and asset management teams demonstrates an unmatched depth of experience in the renewable space. I am proud to bring my skills and experience to bear on behalf of Scout and look forward to helping the team execute on a number of different large scale and high-quality renewable projects for its corporate partners and investors." About Scout Clean Energy Scout Clean Energy is a renewable energy developer, owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets. Scout is actively developing a portfolio of over 12,000 MW of onshore wind, solar PV, and battery storage projects across 17 US states. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Scout is a portfolio company of Quinbrook Infrastructure Partners. About Quinbrook Infrastructure Partners Quinbrook Infrastructure Partners is a specialist investment manager focused exclusively on renewables, storage and grid support infrastructure and operational asset management in the US, UK, and Australia. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c.USD 8.2 billion equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of c.USD 28.7 billion or 19.5 GW of power supply capacity. Quinbrook has completed a diverse range of direct investments in both utility and distributed scale onshore wind and solar power, battery storage, reserve peaking capacity, biomass, fugitive methane recovery, hydro and flexible energy management solutions in the US, UK, and Australia.

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ENERGY

Breaking Down 5 Misconceptions to Accelerate Green Development

Huawei | February 28, 2022

Huawei hosted its Day0 Forum "Lighting up the Future" as part of their lead up to MWC22 Barcelona. Huawei Carrier's Chief Marketing Officer Dr. Philip Song delivered a keynote speech titled "Five Misconceptions of Green Development" at the forum. Green development is a buzzword. Just like from Newton's classical mechanics to Einstein's theory of relativity, its development is going to be marked by a spiraling path between misconceptions and truths. We need to move past these five misconceptions as soon as possible to accelerate the green development of the ICT industry." Dr. Philip Song,Huawei Carrier's Chief Marketing Officer Misconception 1: ICT industry contributes to increased carbon emission. According to the GeSI's SMARTer2030 report, the ICT industry is only expected to account for 1.97% of global carbon emissions by 2030. More importantly though, other industries are expected to reduce their own carbon emissions 20% by applying ICT technologies, a total amount 10 times the carbon emissions of the ICT industry itself. These secondary savings are called carbon handprint. The size of this carbon handprint has made ICT infrastructure increasingly important in many national strategies. Huawei itself predicts that 1 YB of global data will be stored on the cloud by 2030. This means that 150 million tons of carbon emissions can be saved each year if current infrastructure is equipped with greener, all-optical transmission technologies. These savings would be equivalent to planting 200 million trees – an amount that would cover the entirety of Europe in forest. Misconception 2: There is over-focusing on supply chain emissions, which are regarded as the largest cause of carbon emissions for network equipment. As Dr. Song described in his presentation, if you look at the entire life cycle of network equipment, only 2% of its carbon emissions are generated during manufacturing, while 80-95% are generated during usage. Dr. Song therefore proposed that the key to reducing ICT industry carbon emissions will be adopting innovative technologies to improve energy efficiency. Misconception 3: Green development is only about green energy. While the development of solar and wind power are important to green development in the ICT industry, huge gains can be achieved by systematically improving the energy efficiency of telecom networks. To this end, Huawei released a three-layer green solution at this summit to systematically improve network energy efficiency through "Green Site, Green Network, and Green Operation", helping carriers achieve "More Bits, Less Watts". Misconception 4: Network energy efficiency is equal to the sum of energy efficiencies of its telecom equipment. The energy efficiency evaluation of a single equipment box is not enough to carry out comprehensive, scenario-based planning and construction decisions. Huawei recommended establishing a unified, standardized indicator system (NCI) to accurately evaluate and formulate energy-saving policies for entire networks by measuring the energy efficiency indicators of main communications equipment, site auxiliary equipment, transport networks, and data centers. Misconception 5: Energy saving should not impact any network performance indicator. The truth is, there is trade-off between energy saving features and some network indicators. However, energy saving features can be adopted at the expense of peak rates and some other indicators, but without impacting actual user experience. In Germany, an intelligent shutdown solution has been deployed in shopping malls at midnight. Although it slightly reduces peak rates, it reduces site energy consumption by 10% without affecting user experience. During his closing remarks, Dr. Song delivered five suggestions for green development in the ICT industry: "First, we should vigorously develop the ICT industry to enable green development in other industries. Second, we must pay more attention to carbon emissions of ICT infrastructure during usage rather than just during manufacturing. Third, the systematic solution of "Green Site, Green Network, and Green Operation" will help carriers continuously improve network capacity and reduce power consumption per bit, achieving "More Bits, Less Watts". Fourth, we must define a unified energy efficiency indicator system to identify the main problems of energy consumption. Fifth, watts are decided by user experience." MWC22 Barcelona will run from February 28 to March 3 in Barcelona, Spain. Huawei will showcase its products and solutions at stand 1H50 in Fira Gran Via Hall 1. Together with global operators, industry professionals, and opinion leaders, we will dive into topics such as industry trends, GUIDE to the Future, and green development to envision the future of digital networks.

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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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JA Solar Holdings Co., Ltd is a world leading manufacturer of high-performance solar power products that convert sunlight into electricity.

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