UK low carbon economy grew in 2017 despite continued solar, onshore wind contractions

Current± | February 01, 2019

The low carbon and renewables economy posted strong growth in 2017, but onshore wind and solar PV continued to be beset by a retraction of government support. Earlier this week the government’s Office for National Statistics (ONS) released its final results of the low carbon and renewable energy (LCRE) survey for the year 2017, compiling direct and indirect activity as well as employment and turnover figures.

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ENERGY

Bloom Energy Names Rick Beuttel as Vice President, Hydrogen Business

Bloom Energy | January 11, 2022

Bloom Energy Corporation announced the appointment of Rick Beuttel as vice president, hydrogen business. In this newly created role, Beuttel will spearhead the company’s commercial hydrogen strategy and will forge key partnerships to advance and scale Bloom’s efforts to enable the global hydrogen economy. Beuttel brings over three decades of experience in business development in the energy and industrial sectors, including extensive work deploying and scaling hydrogen projects across international markets. Beuttel will help define Bloom’s market strategy, serve as an evangelist for emerging hydrogen solutions, and develop relationships with industry leaders to continue momentum around Bloom’s hydrogen technology. Following the launch of its solid oxide, high temperature electrolyzer in July 2021, Bloom Energy collaborated with organizations across the energy sector to accelerate the global hydrogen economy, including projects to produce low-cost, green hydrogen and blend hydrogen into natural gas networks. On behalf of the entire leadership team, we are thrilled to welcome Rick to Bloom Energy, especially as we enter 2022 with such strong momentum. With an impressive track record as a global energy leader, Rick will help us actualize our vision for the future of energy, driving new collaborations and scaling technologies that make a hydrogen-fueled economy a reality.” Sharelynn Moore, executive vice president and CMO, Bloom Energy Before joining Bloom Energy, Beuttel served as vice president of business development at Air Products, overseeing the development and execution of large-scale energy projects, largely focused on hydrogen throughout the Americas. During this time, he was responsible for the deployment of over $8 billion of capital, including world-scale hydrogen projects in Eastern Louisiana, Edmonton, Alberta, the acquisition of hydrogen plants from PBF Energy, and other projects centered around hydrogen and synthesis gas production. “Between its groundbreaking technology and exciting collaborations with other major energy players, Bloom Energy is truly paving the way for the global hydrogen economy of tomorrow,” said Beuttel. “I’m proud to be joining a team at the forefront of the industry during such a pivotal moment, and I’m excited to advance Bloom’s mission of providing cost-effective, reliable energy for everyone around the world.” Beuttel held a number of senior roles across regions during his tenure at Air Products, including business manager for generated gases in the Americas, business development manager for Latin America, and business manager for Asia tonnage focused on the semiconductor and display industries. Early in his career, Beuttel also served as business development director for TRiMEGA Electronics, LLC, a joint venture with the Kinetics Group. Beuttel holds a bachelor’s degree in mechanical engineering from Stevens Institute of Technology and a Master of Business Administration from Lehigh University and is also chairman of the board of the Lehigh Valley Velodrome. About Bloom Energy Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. The company’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries.

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ENERGY

Clean Energy Buyers Association Announces Top 10 U.S. Energy Customers in 2021

Clean Energy Buyers Association | February 17, 2022

Clean Energy Buyers Association (CEBA), formerly the Renewable Energy Buyers Alliance (REBA), announced the release of its annual Deal Tracker Top 10 list, showcasing the leading energy customers that procured clean energy in the U.S. in 2021. Amazon leads the list for the second straight year with 2.85 gigawatts (GW) of announced projects. Energy customers continued to demonstrate their critical role in influencing the evolution of the energy market with more than 100 projects announced totaling 11.06 GW of contracted capacity in 2021. CEBA recently set an ambitious aspiration to achieve a 90% carbon-free U.S. electricity system by 2030 and a global community of energy customers driving clean energy. Energy customers have demonstrated a dedicated commitment to decarbonization over the last decade. The overall impact of companies that make up the 2021 Deal Tracker Top 10 showcases that our vision for customer-driven clean energy for is truly possible, and beyond that, within reach if we continue to advance market and policy solutions together.” Miranda Ballentine, CEBA CEO As the strategies used to transact in the energy market have evolved to reflect increasingly ambitious climate action goals, so too has the profile of what was once considered a typical energy customer company. The CEBA Deal Tracker Top 10 showcases that a variety of industries now play a critical role in decarbonization of the energy system and have established increasing bold climate action goals, including telecommunications services, consumer staples, and industrials. “We’re proud of Amazon’s rapidly growing renewable energy portfolio, which is driven by a sense of urgency to reduce carbon emissions and curb the climate crisis. We believe investing in clean energy is the right thing to do for our business, our customers, and the planet,” said Kara Hurst, Vice President of Worldwide Sustainability at Amazon. “Amazon is on an accelerated path toward powering our operations with 100% renewable energy by 2025, five years ahead of our original 2030 target. We’re grateful for this recognition and welcome CEBA’s continued leadership in cultivating a global community of energy customers dedicated to securing clean energy access for all." The energy customer mindset regarding the true impact of clean energy has shifted Beyond the Megawatt with a focus on optimizing carbon-reduction emissions, community engagement and environmental impacts. For example, Microsoft’s new vision integrates a commitment to invest clean energy generated revenue toward community impact initiatives. McDonald’s strategy integrates job creation in local communities while harnessing solar and wind energy through virtual power purchase agreements. “We are proud of our renewable energy partnerships because they represent progress toward McDonald’s net zero climate ambition, while also creating jobs and driving local impact. These investments are another meaningful way McDonald’s is working toward a more sustainable future,” said Jenny McColloch, McDonald’s Chief Sustainability Officer. In 2021, CEBA introduced a simple, yet powerful vision of customer-driven clean energy for all. The 2021 Deal Tracker Top 10 demonstrates the scale and influence of energy customers that have contracted nearly 47 gigawatts of clean energy – about 20% of all wind and solar capacity in the U.S. – over the last decade. As a business trade association, CEBA will continue to catalyze its community of nearly 300 members thorough foundational education, stakeholder collaboration and acceleration of advanced and innovative market strategies. The CEBA Deal Tracker is a unique tracking mechanism that focuses on U.S.-based utility-scale corporate procurement. The annual CEBA Deal Tracker Top 10 list features the top companies, or energy customers, leading renewable energy procurement. You can download the full CEBA Deal Tracker here.

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ENERGY

ALAMO GROUP TARGETS 50% GREENHOUSE GAS EMISSIONS REDUCTION BY 2030

ALAMO GROUP | March 08, 2022

Alamo Group Inc. (NYSE: ALG) announced today a 2030 target to reduce its greenhouse gas emissions by 50% as compared to its 2019 base year. This target covers Scope 1 & 2 emissions as defined in The Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting Standards published by the World Business Council for Sustainable Development and World Resources Institute. Additional information regarding the Company's sustainability goals and actual emissions for the past three years will be included in its forthcoming 2021 Sustainability Report. "We are pleased to announce an initial 2030 target for reducing our Company's greenhouse gas emissions. Setting meaningful Scope1 & 2 GHG emissions goals is an important step in the right direction. Since 2019, our Company has reduced, in absolute terms, its total energy consumption by about 9%, and we anticipate that we will further reduce it by an additional 30% by 2030. More efficient use of energy, which accounts for 97% of our GHG emissions, will be a primary driver toward achieving our 2030 emissions goal. Investments in LED lighting and energy management systems, as well as energy efficient welding, laser cutting, and air compression equipment have been, and are expected to be, the major contributors in this effort. Installing more efficient heating systems and other building improvements to reduce winter heat loss are also expected to produce significant favorable impacts." -Dan Malone, Alamo Group's Executive Vice President and Chief Sustainability Officer, About Alamo Group Alamo Group is a leader in the design, manufacture, distribution and service of high quality equipment for infrastructure maintenance, agriculture and other applications. Our products include truck and tractor mounted mowing and other vegetation maintenance equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, other industrial equipment, agricultural implements, forestry equipment and related after-market parts and services. The Company, founded in 1969, has approximately 4,200 employees and operates 29 plants in North America, Europe, Australia and Brazil as of December 31, 2021. The corporate offices of Alamo Group Inc. are located in Seguin, Texas.

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ENERGY

Gen X Energy and ACE Enexor Agree to Jointly Develop LNG and Green Hydrogen Fueled Power Plant in the Philippines

Gen X Energy | January 18, 2022

Gen X Energy enters into a joint venture with ACE Enexor Inc., a subsidiary of AC Energy Corp., to develop Batangas Clean Energy, Inc.’s 1,100 MW combined cycle power plant project. The project will be capable of using natural gas and green hydrogen as its fuel to provide firm power to the grid to meet the Philippines’ growing energy demand and reduce the country's reliance on coal fired power generation. The joint venture will result in Gen X Energy and ACE Enexor each holding a 50% interest in BCE. We are excited about this opportunity to partner with ACE Enexor in the Philippines to meet the energy needs of the Philippines and facilitate the country’s transition to cleaner sustainable sources of energy.” Scott Kicker, Founder and Chief Executive Officer of Gen X Energy The project will be strategically located in the Batangas Bay Area of the Philippines, close to the load center of Metro Manila. Gen X Energy will continue holding a 50% interest in BCE through its wholly owned subsidiary Red Holdings B.V.

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