The Company’s First Project in Vermont to Modernize Grid, Aid Clean Energy Goals
WAKEFIELD, Mass.--(BUSINESS WIRE)--Agilitas Energy, the largest integrated developer, builder, owner and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern U.S., today announced its energy storage project in Bristol, Vermont is ready for construction. The project is contracted with a local utility to bring enhanced resiliency to its energy customers and the grid.
This is Agilitas Energy’s first project in Vermont and is part of the first generation of large storage systems in Vermont. The project will add three megawatts (MW)/six megawatt hours (MWh) of energy storage capacity to help better balance demand on Vermont’s grid. This load management is part of the utility’s grid modernization initiatives to increase energy resiliency for Vermont communities while driving down costs and enabling more cost-effective, local renewable power.
“Higher demand for electricity, rising costs and climate change all negatively impact consumers in a way that wasn’t true even a few years ago. It’s encouraging that forward-thinking utilities are taking the necessary steps to address these concerns for their customers,” said Barrett Bilotta, President of Agilitas Energy. “By turning to energy storage—a solution we believe is paramount when talking about cost-effective energy—the benefits are shared among customers, the grid and the energy transition, all at the same time.”
The project is expected to reach commercial operation in late 2023, at which time it will provide peak-demand reduction capacity to the grid and participate in ISO-New England markets. The battery storage system will charge from the grid when there is excess energy and demand is minimal, and then provide critical supply to the grid when demand is highest and stresses on the regional power supply are greatest. In addition to enhancing the grid’s reliability and resiliency, it will deliver lower-cost energy for customers.
The Bristol, Vermont project is the latest in a series of Agilitas Energy’s successful energy storage projects, including the commission of the largest storage system in Rhode Island last month. The company is actively constructing and developing several other stand-alone battery storage systems, as well as some coupled with solar photovoltaic (PV) systems.
Agilitas Energy is currently seeking renewables projects at all stages of development in markets across the country. To inquire about how Agilitas Energy can deliver an energy solution or serve as a partner on a project, please visit https://agilitasenergy.com/contact/.
About Agilitas Energy
Agilitas Energy is a leading renewables and energy storage company with a mission to accelerate the transition to clean energy. As the largest integrated developer, builder, owner and operator of distributed energy storage and solar PV systems in the northeastern U.S., Agilitas Energy manages the entire end-to-end lifecycle of the projects that deliver predictable, low-cost, clean energy for off-takers, utilities and municipalities. The company has a U.S. pipeline of more than 500 MW of solar PV and energy storage projects. To learn more, please visit: https://agilitasenergy.com/.
Liam Sullivan on behalf of Agilitas Energy
V2 Communications
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MEMPHIS, Tenn.--(BUSINESS WIRE)--#supplychaintransparency--The U.S. Cotton Trust Protocol is proud to be the lead and recipient of the U.S. Climate Smart Cotton Program, which will receive funding as one of those selected as part of the USDA Partnership for Climate-Smart Commodities pilot projects.
The project will build markets for climate-smart cotton and provide technical and financial assistance to over 1,000 U.S. cotton farmers to advance adoption of climate smart practices on more than one million acres. This will allow the production of more than four million bales of Climate Smart Cotton over five years.
“The Trust Protocol was launched in 2020 to set a new standard in sustainable cotton production where full transparency is a reality and continuous improvement is the central goal,” said Dr. Gary Adams, President of the U.S. Cotton Trust Protocol. “The U.S. Climate Smart Cotton Program is an important step in providing the necessary resources needed for growers to learn, grow and explore new opportunities that will improve their environmental footprint. We look forward to working with Secretary Vilsack to implement the program’s comprehensive approach.”
The project is a multi-stakeholder initiative that also includes the National Cotton Council’s export arm Cotton Council International, Cotton Incorporated, the Soil Health Institute, Soil and Water Outcomes Fund, Texas A&M AgriLife Research, Agricenter International, Alabama A&M University, and North Carolina A&T State University.
About the U.S. Cotton Trust Protocol
Launched in 2020, the U.S. Cotton Trust Protocol was designed to set a new standard in more sustainably grown cotton, ensuring that it contributes to the protection and preservation of the planet, using the most sustainable and responsible techniques. It is the only farm level, science-based program that provides quantifiable, verifiable goals and measurement in six key sustainability metrics as well as article-level supply chain transparency.
The Trust Protocol is overseen by a multi-stakeholder Board of Directors comprised of representatives from brands and retailers, civil society and independent sustainability experts as well as the cotton-growing industry, including growers, ginners, merchants, wholesalers and cooperatives, mills and cottonseed handlers.
Information about USDA Partnerships for Climate-Smart Commodities
USDA announced details of the Partnerships for Climate-Smart Commodities opportunity on February 7, 2022. Through this new program, USDA will finance partnerships to support the production and marketing of climate-smart commodities via a set of pilot projects lasting 1 to 5 years. Pilots will provide technical and financial assistance to producers who implement climate-smart practices on a voluntary basis on working lands; pilot innovative and cost-effective methods for quantification, monitoring, reporting, and verification of greenhouse gas benefits; and market the resulting climate-smart commodities.
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Microsoft, the largest cloud service provider, selects Ambri’s technology as part of their journey to 100% renewable energy commitment – moving away from diesel generation as backup energy source for its datacenters
MARLBOROUGH, Mass.--(BUSINESS WIRE)--Ambri, a provider of long-duration Liquid Metal™ Battery storage systems, announced the successful commissioning of a system for Microsoft. Schneider Electric, the global leader in the digital transformation of energy management and automation, was selected to provide its industry-leading uninterruptible power supply (UPS), which powers the Microsoft datacenter equipment. The system is part of a multi-phase program that enables Microsoft to reduce the need for diesel generation, allows for constant renewable power from any source, and provides access to ancillary services markets.
“We are thrilled to be selected by Microsoft and to work with Schneider on this groundbreaking project,” said Adam Briggs, Chief Commercial Officer at Ambri. “Ambri’s batteries will help improve Microsoft’s datacenter operations while delivering important environmental and commercial benefits. With the commissioning of this project, Ambri is demonstrating how advanced, sustainable, and versatile our technology truly is. We look forward to continuing our partnership with Microsoft as we help them to reach their sustainability goals.”
“At Microsoft, we are committed to pursuing progress toward 100% renewable power and replacing diesel backup generators by 2030, while providing reliable service to our customers. The technology solutions developed by Ambri and Schneider Electric provide a pathway to accomplishing these goals,” said Upshur Quinby, Energy Innovation Manager on Microsoft’s Datacenter Advanced Development team. “Enhancing energy storage capabilities — including implementing long duration battery solutions for datacenters — is critically important to our mission. With this partnership, we are strengthening our commitment to sustainability and taking another step in our work to support the grid with ancillary services and shifting,” adds Ehsan Nasr, Senior Design Researcher at Microsoft.
“At Schneider Electric, sustainability is part of our DNA,” said Himamshu Prasad, Energy Storage Center of Excellence VP at Schneider Electric. “Collaborating to integrate innovative long duration storage technology into datacenter UPS systems not only furthers the availability and efficiency of datacenters, but also improves product sustainability and helps our customers decarbonize regional energy systems.”
This project with Microsoft is the latest milestone in Ambri’s progress toward commercialization. The company recently announced the establishment of a new Innovation Hub that more than triples its manufacturing footprint, providing Ambri even greater capacity to grow and bring its product to commercial markets.
About Ambri
Ambri’s Liquid Metal™ battery technology solves the world’s biggest energy problems – fundamentally changing the way power grids operate by increasing the contribution from renewable resources and reducing the need to build traditional power plants. Ambri’s long-duration energy storage solution is built for daily cycling – even in extreme, harsh environments. With a lifespan of 20+ years with minimal fade, Ambri systems are not only extremely reliable but also safe, as Ambri systems do not produce or emit any gases and there is no possibility for thermal runaway. For more information visit: www.ambri.com.
About Microsoft
Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
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Continued Commitment to Transparency, Increased Accountability and ESG Performance Improvement are Key Themes of the 2021 Report
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today released its second environmental, social and governance (“ESG”) report discussing the Company’s activities in 2021 and setting ambitious targets for ESG performance. The report includes benchmarks for measuring future performance, consistent with Crescent’s commitment to aligning with the SASB and Task Force on Climate-related Financial Disclosures (“TCFD”) frameworks. The full report can be found at: www.crescentenergyco.com/#esg.
2022 ESG Targets:
“Improving the ESG performance of our assets is key to our business strategy and creating sustainable value for all of our stakeholders,” said David Rockecharlie, Crescent CEO. “This year’s report documents our progress in 2021 and sets meaningful goals to reinforce the right internal behaviors and showcase our commitment to integrate ESG initiatives throughout our Company. We believe our ESG performance will set us apart from our peers, while helping to mitigate risks and strengthen our operations.”
This year’s report and its highlighted initiatives are supported by Crescent’s ESG Advisory Council, a team of cross-functional experts who advise Company leadership on ESG-related matters. The Council serves as an active forum for candid, internal guidance on goal setting, performance measurement and disclosure.
Company Climate Response and OGMP Initiative Update
In its 2021 ESG report, Crescent further details its goals to reduce GHG emissions in support of an economy-wide transition to a net-zero world. The steps to achieve these targets include working to eliminate routine flaring, replacing pneumatic devices and pumps, increasing electrification, expanding carbon capture, use and storage and enhancing leak detection and repair programs.
Crescent believes that accurate measurement of emissions is imperative to achieving its objectives, which is why the Company joined the Oil & Gas Methane Partnership (“OGMP”) 2.0 Initiative — the leading industry standard for methane emissions reporting — in February 2022. The Company’s inaugural OGMP 2.0 submission, which described Crescent’s implementation plan, received a Gold Standard rating – the initiative’s highest grade.
“Crescent recognizes its role and responsibility to transition to a net zero world,” said John Goff, Chairman of the Board. “As companies divest carbon intensive assets, we see accretive opportunities to own and improve these assets’ environmental footprints and earn attractive returns on the capital we invest. This responsible approach to asset ownership aligns with future energy supply needs and global climate goals and should add significant value to shareholders over time.”
About Crescent Energy Company
Crescent is a well-capitalized, U.S. independent energy company with a portfolio of assets in key proven basins across the lower 48 states and substantial cash flow supported by a predictable base of production. Crescent’s core leadership team is a group of experienced investment, financial and industry professionals who continue to execute on the strategy management has employed since 2011. The Company’s mission is to invest in energy assets and deliver better returns, operations and stewardship. For additional information, please visit www.crescentenergyco.com.
Cautionary Statement Regarding Forward-Looking Statements
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on current expectations, including with respect to the Uinta Acquisition. The words and phrases “should,” “could,” “may,” “will,” “believe,” “plan,” “intend,” “expect,” “potential,” “possible,” “anticipate,” “estimate,” “forecast,” “view,” “efforts,” “goal” and similar expressions identify forward-looking statements and express the Company’s expectations about future events. All statements, other than statements of historical facts, included in this communication that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the Company’s control. Such risks and uncertainties include, but are not limited to, weather, political, economic and market conditions, including a decline in the price and market demand for natural gas, natural gas liquids and crude oil, the impact of pandemics such as COVID-19, actions by the Organization of the Petroleum Exporting Countries (“OPEC”) and non-OPEC oil producing countries, the impact of armed conflict, including in Ukraine, the timing and success of business development efforts, and other uncertainties. Consequently, actual future results could differ materially from expectations. The Company assumes no duty to update or revise their respective forward-looking statements based on new information, future events or otherwise.
Emily Newport
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In partnership with 24M Fujifilm will expand the 24M SemiSolid manufacturing platform
CAMBRIDGE, Mass.--(BUSINESS WIRE)--#EV--24M Technologies, Inc. (24M) announced today that it has licensed its SemiSolid manufacturing platform to FUJIFILM Corporation (Fujifilm). As part of the partnership, Fujifilm will invest $20 million in 24M.
By reinventing the way lithium-ion cells are made, the chemistry agnostic 24M SemiSolid manufacturing platform enables higher energy densities, lower costs, unmatched recyclability and increased safety for next-generation batteries. This new agreement builds on previous investments from Fujifilm in 2020.
“By combining the 24M SemiSolid manufacturing platform with the precision coating and production technologies Fujifilm has developed over 80 years, we have established the core technology for mass production of large-area SemiSolid batteries with high energy density,” states Fujifilm Director, Corporate Vice President and General Manager of Industrial Products Division Jun Ozawa. “We will qualify the mass production of SemiSolid lithium-ion batteries and continue to enhance the technology to expand opportunities for the SemiSolid manufacturing platform.”
“With the demand for lower-cost, higher-capacity batteries greater than ever before, we are thrilled to continue and expand our relationship with Fujifilm to help meet that need,” says 24M President & CEO Naoki Ota. “Fujifilm brings almost a century of experience in high technology development and commercialization, and we look forward to working with them to further innovate the SemiSolid manufacturing platform.”
ABOUT FUJIFILM
FUJIFILM Holdings Corporation, Tokyo, leverages its depth of knowledge and proprietary core technologies to deliver Value from Innovation in its products and services in the business segments of healthcare, materials, business innovation, and imaging. Its relentless pursuit of innovation is focused on providing social value and enhancing the lives of people worldwide. Fujifilm is committed to responsible environmental stewardship and good corporate citizenship. For more information about Fujifilm’s Sustainable Value Plan 2030, click here. For the year ended March 31, 2022, the company had global revenues of approximately 2.5 trillion yen (21 billion USD at an exchange rate of 122 yen/dollar). For more information, please visit: www.fujifilmholdings.com.
ABOUT 24M
24M answers the world’s need for affordable energy storage by enabling a new, more cost-effective solution–SemiSolid™ lithium-ion technology. By re-inventing the design of the battery cell as well as the manufacturing method, 24M solves the critical, decades-old challenge associated with the world’s preferred energy storage chemistry: reducing its high cost while improving its performance. Founded and led by some of the battery industry’s foremost inventors, scientists, and entrepreneurs, 24M is headquartered in Cambridge, Mass. For more information, please visit www.24-m.com.
24M Technologies, Inc.
Marian Hughes for 24M
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Pang Tan
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LOS ANGELES--(BUSINESS WIRE)--WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, announced it has entered into an agreement with CherCo, LLC (“CherCo") to provide a $55 million asset-based credit facility. CherCo will use the proceeds of the financing for acquisitions of assets and service contracts, and to provide ongoing liquidity to execute on growth plans.
CherCo is an energy infrastructure company focused on contract compression services serving midstream and upstream operators in Texas, Oklahoma, Louisiana and New Mexico. The use of this facility is intended to allow CherCo to expand its contract compression services in the regions it services.
“WhiteHawk has been a creative and value-add financing partner that enables the Company to seek to become a regional market leader for contract compression services from 50 to 1775 horsepower,” said Chet Erwin, CEO of CherCo.
“We believe CherCo management is well positioned to execute in an attractive contract gas compression market with an excellent fleet of assets that are in high demand,” said Rob Chimenti, WhiteHawk Managing Director.
About CherCo:
CherCo, LLC is a provider of contract compression and aftermarket services headquartered in Texas, United States. The company specializes in offering a wide-ranging fleet covering any application. CherCo offers the latest models of Caterpillars and Waukesha engines with ariel compressors and equipment that are suited for gas lift and gas sales in addition to midstream gathering and gas processing and treating. For more information visit www.cher-co.com.
About WhiteHawk:
WhiteHawk Capital Partners, LP is a private credit investment manager focused on asset-based financing solutions primarily to middle market private and public companies across a variety of industries. WhiteHawk provides senior secured financings under a variety of structures for purposes of refinancing, recapitalization, growth, acquisition, restructuring, bridge, and DIP/emergence. For more information visit www.whitehawkcapital.com or contact This email address is being protected from spambots. You need JavaScript enabled to view it..
Tucker Hewes
Hewes Communications, Inc.
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Following successful pilot program and cross-country deployment, BrainBox AI to reduce Sleep Country CO2 emissions equivalent to the emissions of nearly 4 million kms driven by the average car
MONTREAL--(BUSINESS WIRE)--#ai--BrainBox AI, a pioneer in autonomous artificial intelligence for the commercial real estate sector, today announced that Sleep Country Canada Holdings Inc. (“Sleep Country”), Canada’s leading specialty sleep retailer, has installed BrainBox AI’s groundbreaking artificial intelligence technology in 214 stores which represents close to 80% of its total footprint and 1.1 million square feet of retail space across Canada.
The agreement with BrainBox AI aligns with Sleep Country’s goal to be net zero by 2040, laid out in its inaugural ESG report released earlier this year. BrainBox AI is well-suited to help multi-site retailers like Sleep Country with their environmental goals using predictive and self-adapting autonomous AI to optimize the largest energy hogs in buildings – HVAC (heating, ventilation, and air conditioning) systems. The rapidly deployed technology produces significant reductions in energy consumption and carbon footprint, while increasing occupant comfort and HVAC equipment service life.
“We are thrilled to partner with BrainBox AI in our efforts to become net zero by 2040 and, more broadly, play our part in battling our planet’s climate crisis,” shares Stewart Schaefer, President and CEO, Sleep Country. “Sleep Country is committed to making a positive impact on both our customers, partners, and the world through our corporate ESG initiatives, and the implementation of this ground-breaking AI technology will help us achieve our near and long-term sustainability goals.”
Preceding the rollout across Sleep Country’s real estate portfolio, BrainBox AI completed a four-store pilot project, designed to explore the energy and GHG emission reductions that the technology could offer the retailer. With the pilot covering approximately 20,000 sq. ft. of store space and rooftop unit-based HVAC systems, Sleep Country saw an annualized 15% reduction in electricity use from its HVAC equipment, a 19% reduction in HVAC gas consumption, and a 15 tCO2 reduction in carbon equivalency. After the accomplishments of the pilot were clear, Sleep Country and BrainBox AI came together to formalize their relationship. The replication of these results across the 214 locations will provide Sleep Country with significant utility savings and a yearly CO2 emissions equivalent to the emissions of close to four million kilometres driven by the average car.
“At BrainBox AI, we are passionate about working to make buildings smarter, greener, and more efficient. The opportunity to install our technology throughout the retail footprint of one of Canada’s top multi-site retailers is truly exciting for our team,” says Jean-Simon Venne, Chief Technology Officer and Co-founder, BrainBox AI. “As a Canadian company ourselves, helping reduce the carbon footprint in our home market is important to us. But climate change is a global issue, and we look forward to working with major brands around the world to help them achieve their environmental and energy goals.”
BrainBox AI’s solution empowers commercial and retail space owners alike to dramatically reduce their buildings’ energy spend and carbon emissions, moving them one step closer to achieving their net zero carbon goals. To learn more, visit www.brainboxai.com.
About BrainBox AI
Founded in 2017, BrainBox AI was created to address the dilemma currently facing the built environment, its energy consumption and significant contribution to climate change. As innovators of the global energy transition, BrainBox AI’s game-changing HVAC technology leverages AI to make buildings smarter, greener, and more efficient. Working together with our trusted global partners, BrainBox AI supports real estate clients in various sectors, including office buildings, hotels, commercial retail, grocery stores, airports, and more.
Headquartered in Montreal, Canada, a global AI hub, our workforce of over 150 employees, bring with them talent from all sectors with the common thread of being in business to heal our planet. BrainBox AI works in collaboration with research partners including the US Department of Energy’s National Renewable Energy Laboratory (NREL), the Institute for Data Valorization (IVADO) as well as educational institutions including Montreal’s Institute for Learning Algorithms (MILA) and McGill University. For more information visit: www.brainboxai.com
About Sleep Country
Sleep Country is Canada's leading specialty sleep retailer with a national retail store network and multiple robust eCommerce platforms. The Company has 287 corporate-owned stores and 20 warehouses across Canada and operates under retail banners: "Sleep Country Canada", with omnichannel operations in Canada excluding Québec; "Dormez-vous" with omnichannel operations in Québec; "Endy", Canada's leading direct-to-consumer online sleep solutions retailer; and recently acquired "Hush", one of Canada's fastest-growing digital retailers. Sleep Country is a purpose-led organization dedicated to transforming lives by awakening Canadians to the power of sleep and is committed to building a company culture of inclusion and diversity where differences are embraced and valued. The Company meaningfully and positively supports its environment and the communities where it operates through its comprehensive mattress and foundation recycling program that keeps mattresses out of landfills, as well as its bed donation program that contributes new and gently used mattresses and foundations to Canadian charities to help families and children in need get a good night's sleep. For more information about the Company visit https://www.sleepcountry.ca
For BrainBox AI
Rebecca Bender
Montieth & Company
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SAN RAMON, Calif.--(BUSINESS WIRE)--#aircraftmaintenance--GE Digital today announced that China Airlines, a Taiwanese operator with passenger and cargo operations across the region, has added Records Management System™ (RMS) to its Asset Records™ software solution platform to facilitate digital records transfer and asset documentation. The airline completed their records solution with the goal of digitizing all documents related to aircraft maintenance.
RMS is designed to enable operators like China Airlines to digitize, index, and archive maintenance records, connect the records for internal and external operations, and facilitate documentation between the airline, lessors, and external maintenance operations matching maintenance records to relevant Maintenance & Engineering (M&E) systems.
The company has achieved success with Asset Transfer System™ (ATS), a solution they purchased in 2021. ATS helps streamline and simplify the way leased asset documentation is managed between airlines and lessors. With two simple modules, records management and project management, users can drive efficiency throughout the entire leased asset lifecycle while maintaining compliance. Adding RMS to their solution portfolio made a lot of sense for the entire airline fleet.
“Digitization of documents is a key objective of China Airlines as we move toward meeting regulations to that effect from the Taiwan Civil Aviation Administration (CAA),” said Mr. Jason Tsai, VP Engineering Division for China Airlines. “GE Digital’s Asset Records software easily integrates with our other historical information systems so we are able to meet the directive expeditiously.”
RMS is also designed to allow operators to manage error correction and paperwork remediation between the carrier and its outsourced maintenance providers.
“GE Digital’s Aviation Software uses data to produce insights that enable operators to enhance safety and efficiency, reduce operational disruptions, improve passenger experience, and make better decisions regarding real-time fleet health,” said Andrew Coleman, General Manager, GE Digital Aviation Software. “This helps airline operations meet certain compliance obligations.”
Click on this link for more information about GE Digital Aviation Software.
About GE Digital
GE Digital, an integral part of GE Vernova, is a $1 billion software business putting data to work to accelerate a new era of energy. GE Digital has pioneered technologies like Industrial AI and Digital Twins to serve industries that matter for decarbonization like energy, manufacturing, aviation. Our software drives insights customers need to transform how they create, orchestrate, and consume energy. Over 20,000 customers world-wide use our software to fuel productivity and reliable operations while reducing costs and carbon for a more sustainable world. For more information, visit www.ge.com/digital. GE Vernova, a dynamic accelerator comprised of our Power, Renewable Energy, Digital and Energy Financial Services businesses, focused on supporting customers’ transformations during the global energy transition.
© 2022 General Electric. All rights reserved. GE, the GE logo, and associated product names are either registered trademarks or trademarks of General Electric in the United States and/or other countries. All other trademarks are the property of their respective owners.
Rachael Van Reen
GE Digital
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FREIBURG & NÜRTINGEN, Germany--(BUSINESS WIRE)--Thomas Speidel, CEO of ADS-TEC Energy plc (NASDAQ: ADSE) and managing partner of the ADS-TEC Group; Dr. Thorsten Ochs, chief technology officer of ADS-TEC Energy; and Stefan Reichert, group leader for "Power Converter Units" of the Fraunhofer Institute for Solar Energy Systems ISE, have been nominated for the German Future Prize 2022 for the development of the storage-based, ultra-fast charging system, ChargeBox. The ChargeBox system enables fast charging of e-vehicles up to 320 kilowatts (kW) using power-limited networks and therefore minimizing or avoiding costly expansion of electrical network infrastructure. The ChargeBox charging system is a building block toward climate neutrality in road traffic. "We are extremely pleased about this nomination and very proud to be nominated from a large number of top-class engineering and research and development projects," said Speidel, Ochs and Reichert.
The nomination ceremony will be live streamed and can be accessed here.
Speidel, Ochs and Reichert, who are also representing their colleagues at ADS-TEC Energy and Fraunhofer ISE involved in the project, were nominated as one of a total of three teams for this year's German Future Prize. The prize is offered and awarded by German President Frank-Walter Steinmeier and recognizes innovative inventions and research results as well as outstanding technical, engineering and scientific achievements that lead to application-ready, promising products. The ChargeBox system is one such development and is already successfully in use at over 1,000 charging points in Europe and the USA.
Speidel explained the vision behind the developed battery-based charging system: "The transformation to a climate-neutral energy economy is one of the greatest challenges of our time. In particular, tomorrow's energy system will be more electric, more digital and more decentralized. In addition, today's electricity, heat and mobility sectors will increasingly interact to compensate for volatility in renewable energy supply. The ChargeBox exemplifies how generation and consumption will be brought into new relationships in the future, even compensating for power bottlenecks."
A central technological challenge in the development of the ChargeBox was to realize the required power density, efficiency and complexity in a small installation space. This was achieved by using state-of-the-art silicon carbide semiconductors, on which the multi-stage converter system was built.
Reichert explains, "We have been using this material for our research for years, applying new components for photovoltaic inverters, among other things. Here, the technology has now been successfully transferred to stationary chargers. Silicon carbide transistors enable a higher switching speed and clock frequency. As a result, the converters are both highly compact and efficient. For example, the efficiency of the power conversion system in the ChargeBox is a good 95% when charging the battery storage unit from the grid, and over 98% when current flows between the battery storage unit and the vehicle battery."
ADS-TEC Energy started to transfer the ChargeBox to series production in 2020 and has established a new production site in Saxony, near Dresden, in addition to the development site at the company headquarters in Nürtingen near Stuttgart. The system consists of an internal battery storage unit, the very compact and powerful current transformers and a cooling unit adapted to it. It is technically safe, tested, certified and globally applicable. Since ChargeBox operation is whisper-quiet, it is ideally suited for use in residential areas and other locations in inner-city areas as well as in rural areas. In addition, the entire system requires only one and a half square meters of space. It includes two remotely positionable charging outlets, known as "charge dispensers," which offer the possibility of charging two cars simultaneously - with 160 kW each. If only one dispenser is used, up to 320 kW of output power is possible.
Fast charging as the basis for acceptance of e-mobility
Inspiration for the ChargeBox development was provided by the car manufacturer Porsche, which was seeking a battery-buffered fast-charging solution for power-limited grid situations. With ChargeBox, charging in minutes instead of hours becomes possible everywhere, even at power-limited locations. Its use will accelerate acceptance for e-mobility within society. The ChargeBox contains a whole range of innovative elements for which several dozen patents are pending. In addition, the system is expandable and can also be used to charge trucks and buses in the future. Behind the ChargeBox technology is an extended team of professionals that are helping ADS-TEC Energy to significantly shape e-mobility and dissolve the potential limitation imposed by grids. The involvement of customers and partners—Porsche, in particular— has also contributed to the significant success of the project, as well as the diverse content and financial support that was required in this exceptionally complex project.
About Deutscher Zukunftspreis
For more than 25 years, the Deutscher Zukunftspreis, the German President's Prize for Technology and Innovation, has nominated and honored pioneering inventions and research results in fields ranging from robotics to materials research and from software development to biochemistry.
It is not possible to apply for the prize; instead, nominations are submitted by renowned scientific and business institutions. A jury consisting of independent experts from science and practice decides on the final round nominees and the winning team in a multi-stage process. This year's winning team will receive its award from German President Frank-Walter Steinmeier in Berlin on October 26, 2022.
https://www.deutscher-zukunftspreis.de/en
About ADS-TEC Energy
ADS-TEC Energy plc, a public limited company incorporated in Ireland and publicly listed on NASDAQ (“ADS-TEC Energy”), serves as a holding company for ADS-TEC Energy GmbH, our operating company incorporated in Germany (“ADSE GM”) and ADS-TEC Energy Inc., a US subsidiary of ADS-TEC Energy GmbH (“ADSE US” and together with ADS-TEC Energy and ADSE GM, “ADSE”). ADSE is a global leader in battery-buffered, ultra-fast charging technology that draws on more than 10 years of experience with lithium-ion technologies, storage solutions and fast charging systems, including the corresponding energy management systems. Its battery-based, fast charging technology enables electric vehicles to ultrafast charge even on low powered grids and features a very compact design. The high quality and functionality of the battery systems are due to a particularly high depth of development and in-house production. With its advanced system platforms, ADSE is a valuable partner for automotive, OEMs, utility companies and charge-operators.
More information on www.adstec-energy.com
About Fraunhofer ISE
The Fraunhofer Institute for Solar Energy Systems ISE in Freiburg, Germany is the largest solar research institute in Europe. With a staff of about 1400, we are committed to promoting a sustainable, economic, secure and socially just energy supply system based on renewable energy sources. We contribute to this through our main research areas of energy provision, energy distribution, energy storage and energy utilization. Through outstanding research results, successful industrial projects, spin-off companies and global collaborations, we are shaping the sustainable transformation of the energy system.
In the business areas of Photovoltaics, Energy Efficient Buildings, Solar Thermal Power Plants and Industrial Processes, Hydrogen Technologies and Electrical Energy Storage as well as Power Electronics, Grids and Smart Systems, the Institute develops materials, components, systems and processes. For this purpose, we have an excellent laboratory infrastructure at our disposal. In addition, we perform analyses, carry out studies, provide consultations and offer our clients testing and certification procedures. Fraunhofer ISE is certified according to the quality management standard DIN EN ISO 9001:2015.
Further information: www.ise.fraunhofer.de/en
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DUBLIN--(BUSINESS WIRE)--The "Rare Gas Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Type, By Application, By Mode of Transport, By Region" report has been added to ResearchAndMarkets.com's offering.
The global rare gas market was valued at USD340.26 million in 2021, and is anticipated to grow with an impressive CAGR during the forecast period, 2023-2027.
Companies Mentioned
The market growth can be attributed to rising demands for rare gases across various end-user industries such as automotive and electrical, and surging demands for semiconductors. Besides, technological advances in the chemical industry are also supporting the growth of the global rare gas market. Companies like Amazon, Google, and Facebook require tons of helium gas to meet the demand for storage devices in data centers.
Rare gases like krypton are increasingly used in the lighting sector for halogen bulbs, gas discharge tubes in illuminated billboards, energy-saving bulbs, etc. The rising healthcare sector is also creating demand for rare gases such as argon, and helium for numerous applications, which is expected to contribute to the increasing demand for rare gases globally.
Helium, argon, neon, krypton, and xenon are among the group of inert elements. These are also commonly referred to as noble gases. Rare gases are often non-reactive in their native states because of their electrically stable structure. The atoms are neutral due to the arrangement of their electrons. Since there are extremely few concentrations of noble gases in the inner solar system, they are referred to as rare gases. The generation of noble gases or rare gases results from various nuclear transmutation processes, including the radioactive decay of naturally occurring radionuclides and energetic particle reactions.
Ukraine is the top exporter of rare gases such as neon, krypton, and xenon worldwide. The country fulfills 70% of the world's neon demands and 40% of the krypton demands. However, Ukraine and Russia war has drastically affected the supply chain of rare gases. Two major Ukrainian air-separation firms, Cryoin Engineering Ltd. and Ingas LLC had to shut down their operations due to the Russian invasion, halting a significant portion of the world's noble gas exports.
Additionally, 90% of the ultra-pure, semiconductor-grade neon used in the manufacturing of computer chips comes from Ukraine. The growth of the rare gas market is also influenced by the electrical sector's expansion and the rising demand for semiconductors to generate a variety of end-use goods.
Years considered for this report:
Objective of the Study:
Report Scope:
In this report, global rare gas market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Rare Gas Market, By Type:
Rare Gas Market, By Application:
Rare Gas Market, By Mode of Transport:
Rare Gas Market, By Region:
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BOSTON--(BUSINESS WIRE)--Gradiant, a global water solutions provider, announced today that Govind Alagappan has been appointed President of Global Operations. Govind has over 20 years experience in the water industry, bringing deep knowledge in sales & operational excellence, customer-centricity, and global market growth. Govind will report to Prakash Govindan, COO of Gradiant.
Before his current role, Govind had been managing director of Asia Pacific for Evoqua, a leading water and wastewater treatment solutions provider and the global business development & strategy leader for SUEZ Water Technologies. During his tenure at Evoqua, he developed and executed a shared growth strategy for all of Evoqua’s businesses across the Asia Pacific region, helping to drive steady growth year on year under his leadership. Govind will remain based in Singapore.
“With the appointment of Govind Alagappan to the role of President of Global Operations, we have enhanced the depth of the leadership team of Gradiant. He has the right skills and experience to guide the company through these times of transformation,” said Prakash Govindan. “His track record, international experience, and excitement about joining our business makes him the ideal leader to take Gradiant to the next level.”
Gradiant has also announced new strategic hires to strengthen business growth. This round of hires comes amidst increased demand for Gradiant’s solutions in the North America market, bolsters the scale and deployment of Gradiant AI to customers around the world, and reflects its strong position as the employer of choice.
Gradiant, a 2022 “Water Technology Company of the Year” by Global Water Intelligence and 2022 “Great Place to Work,” is growing its teams throughout its global offices. Open positions may be found on Gradiant’s Careers page.
About Gradiant
Gradiant is a global water solutions provider for advanced water and wastewater treatment. With a full suite of differentiated and proprietary end-to-end solutions, powered by the top minds in water, Gradiant serves its clients’ mission-critical operations in the world’s essential industries. Gradiant was founded at the Massachusetts Institute of Technology (MIT) and is uniquely positioned to address the world’s increasing challenges created by industrialization, population growth, and water stress. Today, with over 450 employees, Gradiant operates from its global headquarters in Boston, regional headquarters and global technology labs in Singapore, and offices across twelve countries. For more information, please visit www.gradiant.com.
Corporate Contact:
Felix Wang
Gradiant, VP of Marketing
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Ameresco recognized for its company culture and employment standards
FRAMINGHAM, Mass.--(BUSINESS WIRE)--#carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it has earned certification as a 2022-2023 Great Place to Work®. The prestigious certification is based entirely on employee input, and this year marks the first time that Ameresco has been awarded the honor.
As the global authority on workplace culture and employee experience, Ameresco's certification by Great Place to Work highlights the company's investment in its employees and commitment to developing the next generation of sustainable leaders. Results from the survey demonstrate that the significant majority of Ameresco’s employees feel that the company is a great place to work, that they trusted management and felt the company not only made them feel welcome, but offered them the opportunity to take on new responsibilities.
“Great Place to Work Certification™ isn’t something that comes easily – it takes ongoing dedication to the employee experience,” said Sarah Lewis-Kulin, Vice President of Global Recognition at Great Place to Work. “It’s the only official recognition determined by employees’ real-time reports of their company culture. Earning this designation means that Ameresco is one of the best companies to work for in the country.”
Ameresco values every employee in the company coming together with the same goal in mind: innovation and meaningful action for a clean, resilient future. This attitude reinforces Ameresco’s dedication to pursuing excellence and working towards a cleaner future. The company also prioritizes employing a workforce that is reflective of the areas it serves, and has implemented steps to enhance internal diversity by focusing on diversity, equity and inclusion initiatives and talent recruiting.
“We are thrilled to become Great Place to Work-Certified™ as we value all of our hard working employees who show a passion and drive to energize a sustainable world,” said President and Chief Executive Officer George Sakellaris. “At Ameresco, we believe in doing well by doing good, which is why we prioritize investing in our employees.”
To learn more about Ameresco and its energy efficient solutions, please visit www.ameresco.com.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and the United Kingdom. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.
About Great Place to Work Certification™
Great Place to Work® Certification™ is the most definitive “employer-of-choice” recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place to Work-Certified.
About Great Place to Work®
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.
Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
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Addition of Lead Investor Congruent Ventures, Along with Homecoming Capital, Ironspring Ventures and Seed Investors, Brings Total Funding to $14 Million to Make EV Charging Profitable
SAN FRANCISCO--(BUSINESS WIRE)--Stable, an EV charging data analysis platform, has now used its proprietary prediction software to analyze 70 million data points for prospective charging site locations across the U.S., and completed its Series A funding round. Lead investor Congruent Ventures is joined by Homecoming Capital and Ironspring Ventures this round, along with seed investors Trucks Venture Capital, Ubiquity Ventures, E14 Fund, Ahoy Capital, Upside Partnership, Qasar Younis and others–bringing total funds raised to $14 million.
Stable co-founders and MIT Media Lab alumni, Rohan Puri and Jamie Schiel, doubled its funding to accelerate hiring of data scientists and engineers to help guide the next $39 billion* in EV charging deployments and spending from the Bipartisan Infrastructure Law (*according to calculations from Atlas Policy). Making EV charging stations profitable remains critical to adoption, as Stable’s own data shows that most chargers are used less than 10% of the time, and very few are used more than 20% of the time.
“Stable’s Machine Learning models help financial institutions, infrastructure developers and charging networks turn arbitrary decisions into data-driven ones based on a variety of factors like average trip distance, nearby amenities and energy costs,” says Stable co-founder and CEO Rohan Puri. “Predicting charger usage is just the beginning of EV adoption, and we’ll continue to help our customers deploy, track and monitor their investments.”
“We have been closely studying the challenges to EV infrastructure deployment, as millions of chargers are coming online over the next few years, and Stable is solving a major pain point,” says Jackie Kossmann, partner at Congruent Ventures. “Their highly accurate Machine Learning analytics – truly unique in the industry – allow customers to optimize their investments by placing public EV chargers in the best locations, which is essential to ensure consistent profitability for owners and smooth journeys for EV drivers.”
“'We are headed into a surge for a nationwide build out that will 10x the current number of EV chargers available to drivers,” says Reilly Brennan, founding partner at Trucks Venture Capital. “Stable tells asset owners where to put them to make more money and serve more customers.”
For more information, visit http://stable.auto.
About Stable Auto
Stable accelerates investments in EV infrastructure by making them predictable and effective, paving the way for EV adoption in every corner of the globe. Stable’s enterprise software platform–powered by comprehensive datasets from thousands of EV chargers across the United States and precision machine learning–solved a major roadblock to widespread EV adoption, demonstrating for the first time that not only can EV charging be predicted, it can be improved by carefully optimizing energy rates, equipment size, and location. Now, anyone can make informed decisions about EV infrastructure before chargers are even installed, to make multi-million dollar investments profitable and improve the chances of a more sustainable future for transportation. Stable is currently working with major utilities, charging networks, banks, and infrastructure developers across the U.S. http://stable.auto.
About Congruent Ventures
Congruent Ventures is a leading early stage venture firm focused on partnering with entrepreneurs to build companies addressing climate and sustainability challenges across four themes: Mobility and Urbanization, the Energy Transition, Food and Agriculture, and Sustainable Production and Consumption. The firm has over $600M AUM across early-stage climate tech funds. With over 47 companies in the portfolio, Congruent is amongst the most active investors in the climate and sustainability ecosystem.
Video available: https://youtu.be/-JKmmXRU5bo
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DUBLIN--(BUSINESS WIRE)--The "Global Aviation Fuel Market by Grade, By End User, By Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
This report is highly predictive as it holds the overall market analysis of topmost companies into the Global Aviation Fuel industry. With the classified Global Aviation Fuel market research based on various growing regions this report provides leading players portfolio along with sales, growth, market share and so on.
The Market research report on Global Aviation Fuel has integrated the analysis of different factors that boost the Aviation Fuel market's growth. It establishes trends, restraints & drivers that transform the Global Aviation Fuel market in either a positive or negative manner. The detailed information is based on current Global Aviation Fuel market trends & historic achievements.
This section of the report cover identifies various key manufacturers of the Global Aviation Fuel market. It helps the reader understand the strategies & associations that players are focusing on combat competition in the Global Aviation Fuel market. The Analysis report on Market provides a significant in-depth analysis of the market.
Companies Mentioned
Market Segmentation
By Grade
By End-use Industry
By Region
For more information about this report visit https://www.researchandmarkets.com/r/7077uq
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Investment will accelerate the development of digital infrastructure for the global shipping industry
NEW YORK--(BUSINESS WIRE)--#SeriesB--NYSHEX, the leader in ocean contract performance technology, announced a $25 million Series B funding round led by Collate Capital. In addition, Blumberg Capital, Goldman Sachs and NewRoad Capital participated, bringing the company's total funding to $69 million.
The global supply chain disruption has highlighted the need to digitally transform legacy processes. Ocean contracting traditionally relies on static tools that fail to meet the needs of the industry, leading to poor performance and disrupted logistics. With 80% of global trade relying on ocean freight shipping, increasing reliability in an uncertain market is critical for supply chain leaders.
NYSHEX’s integrated platform provides a seamless and modern way to manage global commerce, reducing the likelihood of missed deadlines and lost revenue. By bringing together multiple data systems across all parties, the platform provides a shared source of truth for contract fulfillment and performance, improving reliability and creating efficiencies.
“I’m really proud of the NYSHEX team for working tirelessly to build our technology which acts as the digital infrastructure that global shipping industry leaders now rely on every day,” said Gordon Downes, CEO of NYSHEX. “We’re all very passionate about our mission to enable more reliable shipping and at the same time to strengthen the relationships between shippers, carriers and NVOCCs. The additional $25 million investment allows us to accelerate the development of our integrated technology platform, which provides a shared system of record for the industry. Lastly, as part of this funding round, I am very excited to announce that Mark Weaver, Managing Director of Collate Capital, will join our board of directors.”
NYSHEX will use the capital to accelerate the development of its technology platform that provides shippers, carriers and NVOCCs with a reliable, efficient and trusted system of record. NYSHEX for Carriers harmonizes contract and performance data into one single version of the truth that gives shippers and carriers the power to keep track of what they’ve agreed to and how each party performs. NYSHEX has also recently introduced a product specifically for NVOCCs to monitor the performance and allocation of their customers in order to deliver on their agreements with their carrier partners.
As part of the NYSHEX for Shippers solution, a new allocation management tool has been launched to allow shippers to proactively manage all of their ocean contracts in one central dashboard, enabling them to drive better performance across their entire contract portfolio. It provides new visibility, control, and automation to an often manual and outdated process.
Additionally, NYSHEX is actively developing a payment and credit offering with strategic partners to further enhance the Powered by NYSHEX ecosystem; it is expected to be available in the coming months.
“Uncertainty and rising costs are systemic issues plaguing the ocean freight industry,” said Mark Weaver, Managing Partner of Collate Capital. “With NYSHEX’s innovative platform, the industry finally has a way to ensure that ocean commerce delivers as expected. We’re delighted to lead this round and support a technology that meets the needs of the entire shipping industry.”
Over 190 BCOs, 130 NVOs, and 7 carriers across the globe are already using NYSHEX to power their ocean contracts, including PVH, Serena & Lily and Staples. Find out more about NYSHEX’s integrated platform here.
About NYSHEX
Founded in 2014, NYSHEX unites shippers, carriers, and NVOCCs through a digital platform that improves contract performance, strengthens relationships, and reduces manual workload. Members include seven of the leading global ocean carriers and over 325 shippers. The company has more than 120 employees across the globe and its headquarters are in NYC. Learn more at NYSHEX and connect on LinkedIn.
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Company to showcase products, services, and training to improve residential solar-plus-storage installation time and mitigate crosstalk in commercial and industrial installations
CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc., the solar industry's leading Flex MLPE (Module Level Power Electronics) supplier, announced the Company's full lineup of crosstalk prevention, mitigation, and education content for the RE+ tradeshow. From September 19-22, 2022, at the Anaheim Convention Center in Anaheim, California, Tigo representatives will brief installers and technology partners on the Company's latest innovations and resources for rapid shutdown, monitoring, and optimization for the commercial and industrial (C&I) solar industry, as well as a vendor-agnostic training on how to design for PLC (Powerline Communications) signal integrity. Tigo will also detail its advances and new resources for the residential solar-plus-storage segment.
At RE+, Tigo will also announce a new crosstalk mitigation and prevention training to PV industry professionals. The coursework, developed in collaboration with Mayfield Renewables, will qualify for NABCEP (North American Board of Certified Energy Practitioners) Continuing Education Units (CEUs). Interested parties can sign up for the training course here.
This training is part of a comprehensive Continual Improvement Process (CIP) to improve the quality of the development, design and installation of rapid shutdown solutions as follows:
For RE+ attendees from the residential solar market, Tigo will deliver updates on its solar-plus-storage product line, the Tigo EI Battery and Inverter, focused on ease of installation, efficient system maintenance and management, and increased flexibility for installers. The Company will also introduce new resources to help residential installers reduce soft costs and installation time.
"Tigo is doing the work required to eliminate the crosstalk issue, regardless of origin, and our collaboration on this training is a key element of that work," said Ryan Mayfield, founder and CEO at Mayfield Renewables. "Rapid shutdown sounds like a basic on/off function, but once you get into the technical details, you find quite a bit of sophistication. It has been great working with Greg and the Tigo team to develop this material, and I look forward to co-presenting at the NABCEP CE conference with him early next year."
“We are seizing on the opportunity represented by the industry’s pilgrimage to RE+ this year to bring a full slate of solutions, education, and tools to improve large-scale solar installations,” said JD Dillon, chief marketing officer at Tigo Energy. “We are combining the safety that rapid shutdown brings to first responders while focusing on the quality with which the technology is deployed in the field. With this new content, we will improve rapid shutdown design, installation, and solutions and continue to produce high-quality components for those systems.”
To find out more about Tigo Energy and Flex MLPE solutions, please schedule a time to meet with Tigo at RE+ in booth #3770, here. To learn more about the Tigo products and services for PV professionals, go to the Tigo website.
About Tigo Energy
Tigo Energy, the worldwide leader in Flex MLPE (Module Level Power Electronics), designs innovative solar power conversion and storage products that provide customers more choice and flexibility. The Tigo TS4 platform increases solar production, decreases operating costs, and enhances safety. When combined with the Tigo Energy Intelligence (EI) platform, it delivers module, system, and fleet-level insights to maximize solar performance and minimize operating costs. The Tigo EI Residential Solar Solution, a flexible solar-plus-storage solution for home installations, rounds out the Company’s portfolio of solar energy technology. Tigo was founded in Silicon Valley in 2007 to accelerate the adoption of solar energy, and its global team supports customers whose systems reliably produce gigawatt hours of safe solar energy on seven continents. Find us online at www.tigoenergy.com.
About Mayfield Renewables
Mayfield Renewables is a technical consultancy that provides clients with solutions for their most complex problems through industry acumen and expertise through system design engineering, education, product evaluation, and technical consulting, ensuring a successful solar industry and safe, reliable, quality solar installations nationwide. Find them online at www.mayfield.energy.
Mike Gazzano
North America Marketing Manager at Tigo Energy
(408) 806-9626 Ext. 9783
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C3 AI ESG enables companies to monitor, report, and improve ESG performance with AI
REDWOOD CITY, Calif.--(BUSINESS WIRE)--C3 AI (NYSE: AI), the Enterprise AI software application company, today announced the introduction of C3 AI ESG, an application that harnesses artificial intelligence and machine learning to enable companies to monitor, report, and improve their ESG (environmental, social, and governance) performance. C3 AI ESG reduces the time required to gather, manage, and analyze disparate ESG data, and allows companies to identify ESG risks, capture opportunities, and accelerate initiatives to meet their ESG goals.
C3 AI ESG enables customers to integrate data from all their ERP, supplier, customer and manufacturing systems—plus relevant exogenous market data, emissions, and commodity data—and provide comprehensive Scope 1, Scope 2, and Scope 3 ESG reporting in compliance with any of SASB, GRI, TCFD, and CDP reporting standards. C3 AI ESG is entirely predictive, allowing companies to accurately forecast their ESG KPIs and plan mitigation measures to achieve their corporate ESG objectives. According to Verdantix, ESG is estimated to become a $30 billion market by 2030.
“As ESG objectives continue to rise on the corporate agenda, organizations require solutions to better plan, track, measure, and report ESG performance across their entire value chain,” said Ed Abbo, President and CTO at C3 AI. “C3 AI ESG allows organizations to employ advanced AI and ML capabilities not only to provide complete visibility of their ESG status, but to identify and execute strategies to meet their ambitious ESG goals more effectively.”
Key capabilities of the C3 AI ESG application include:
C3 AI ESG is immediately available and can be deployed on any private or public cloud infrastructure (including AWS, Microsoft Azure, and Google Cloud), or on-premises. To learn more or see a demo, visit https://c3.ai/products/c3-ai-esg/.
About C3.ai, Inc.
C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Application Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications and C3 AI Applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally.
C3 AI Public Relations
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415-914-8336
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BETHESDA, Md.--(BUSINESS WIRE)--#AlternativeEnergy--Today, the European Parliament once again voted to recognize primary woody biomass as a renewable energy source. This is consistent with its prior classification under both the first Renewable Energy Directive (RED) and RED II. Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, welcomes the designation as it marks a critical step in the right direction toward more low-carbon, drop-in alternatives to fossil fuels for power and heat generation, as part of an all-in renewables strategy to reduce carbon emissions and limit global dependence on fossil fuels.
Primary woody biomass is an essential renewable energy source for meeting the ambition sought by the EU Parliament to increase renewable energy to 45 percent by 2030, and for achieving the EU’s goal of carbon neutrality by 2050. In the words of Markus Pieper, the Member of Parliament leading on RED III, at the press conference held following the results of the plenary, “We do need wood-based biomass as a source of energy if we genuinely are to undertake this energy transition.”
The Parliament’s vote this week brings its position considerably closer to those of the Council and EU Commission by recognizing primary woody biomass as renewable, ensuring its continued zero-carbon rating in the EU Emissions Trading Scheme, and allowing its use to increase in volume.
“One thing is clear: wood-based biomass is a building block of the energy transition and, despite the vote of left-green Members of the European Parliament, can still be counted as renewable energy. The new directive will set the necessary framework to achieve the greatest possible CO2 reduction effect and not to ensure that our forests are burned in the future. I am counting on the member states to follow our proposals as the procedure progresses (“trilogue”),” continued Mr. Pieper in his statement.
The Council and EU Commission have continued their steadfast support for primary woody biomass and for its increased utilization to deliver climate change benefits and security of energy supply. Today’s vote serves as an initial negotiating position in the European Union’s process. After this vote, the EU Parliament, the Council of the EU, and the EU Commission will begin trilogue discussions, which are negotiations among the three parties, that are estimated to reach a final compromise on RED III in the first half of 2023.
“Heading into trilogues, the EU Parliament brought its position one step closer towards the mainstream views of the Council and the Commission, and away from the earlier minority position taken by the ENVI committee.
“While the process is foreign to those of us in the U.S., as an Austrian native, I can appreciate the complex nature of the EU legislative process, and that a compromise needs to be reached in trilogue negotiations to address the energy transition, security, and affordability crisis facing the EU. Today, biomass accounts for almost 60 percent of renewable energy in Europe.
“All serious pathways for achieving climate neutrality show that the use of bioenergy must and can be increased sustainably. The EU Commission’s own impact assessment for RED III outlines a need to increase bioenergy use from 2030 to 2050 by an average of 69 percent to provide vital grid balancing services, high temperature heat for industry, advanced biofuels, and negative emissions,” said Thomas Meth, President of Enviva.
“A failure to increase woody biomass use in the EU would mean failure in meeting climate goals, increased cost to EU consumers, and further disruption to security of energy supply on the brink of winter, when bioenergy makes up 25 percent of European heating supply and when incremental investments in more woody biomass infrastructure are desperately needed. At Enviva, we are encouraged by the progress made and are confident that a pragmatic and reasonable outcome will be reached,” concluded Meth.
About Enviva
Enviva Inc. (NYSE: EVA) is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten 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, and is constructing its 11th plant in Epes, Alabama. Enviva sells most 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, helping to accelerate the energy transition and to decarbonize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation fuels. Enviva exports its wood pellets to global markets 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.
To learn more about Enviva, please visit our website at www.envivabiomass.com. Follow Enviva on social media @Enviva.
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New Motor Drive Center of Excellence (CoE) design center in Turin, Italy, to help customers exploit the power of GaN for growing motor drive applications
EL SEGUNDO, Calif.--(BUSINESS WIRE)--#Drones--EPC has opened a new design application center near Turin, Italy, to focus on growing motor drive applications based on GaN technology in the e-mobility, robotics, drones, and industrial automation markets. The specialist team will support customers in accelerating their design cycles and define future Integrated Circuits for power management with state-of-the art equipment to test applications from 400 W to 10s of kW.
Strategically located, Turin has a historical tradition in electric motors and motor drives, enabling the company to draw on the wealth of local technical talent. EPC’s engineers are helping customers reduce their design cycle times and adopt GaN for more efficient, smaller, lower-cost systems. Moreover, the center is exploring ways to exploit the potential of EPC’s GaN technology in motor drive applications to enable a substantial increase in the efficiency of the motor, leading to higher power density designs than what has been possible with historically MOSFET-based designs.
Turin also features the Power Electronics Innovation Centre, a cross-department entity in the Politecnico di Torino - one of the most important technical Universities in Europe - and EPC is collaborating closely with PEIC by investing in shared research and development.
The new facility is headed by Marco Palma, EPC’s Director of Motor Systems and Applications. Commenting on the opening, he said, “Our new facility combines a comprehensive GaN product portfolio and design expertise offering customers a center of excellence that is unrivalled for motor drive applications. Its location is key too, as Europe is driving the green revolution in the e-mobility market, by using the Euro 7 standard in the short term and by banning internal combustion engines by 2035. This is definitely the right time to invest in higher power density motor solutions that avoid unnecessary energy waste.”
About EPC
EPC is the leader in enhancement mode gallium nitride (eGaN®) based power management. eGaN FETs and integrated circuits provide performance many times greater than the best silicon power MOSFETs in applications such as DC-DC converters, remote sensing technology (lidar), motor drives for eMobility, robotics, and drones, and low-cost satellites.
Visit our website: www.epc-co.com
Follow EPC on social media: LinkedIn, YouTube, Facebook, Twitter, Instagram, YouKu
eGaN is a registered trademark of Efficient Power Conversion Corporation, Inc.
Efficient Power Conversion:
Renee Yawger tel: +1.908.619.9678 email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Vandenberg moving toward securing future water supply as 20-year Western Drought reaches historic extremes
SANTA BARBARA, Calif.--(BUSINESS WIRE)--SeaWell LLC, a company formed by Ecomerit Technologies, the Santa Barbara renewable energy pioneer and long-time US Department of Energy partner in technology innovation, is working with Vandenberg Space Force Base to deploy SeaWell’s ocean desalination buoys to produce freshwater for the Base. SeaWell buoys can be rapidly deployed to help meet the critical need for a dependable water supply. A single buoy provides a yearly water supply comparable to 5,200 households.
SeaWell’s buoys are an advanced alternative to large, conventional desalination plants, offering greater energy efficiency and operation that is environmentally friendly to marine life. Vandenberg has been identified as one of the most drought-impacted bases in the country by the Government Accounting Office1, and is highly motivated to implement SeaWell’s solution. For California, the Vandenberg project is a vital first step to a new, reliable, coastal water supply.
The Vandenberg SeaWell Project will be located offshore of the Base’s first Space Launch Complex, which dates to the 1950’s and is now inactive. Proximity to the shoreline makes it ideal for repurposing the launch pads for the Project, which will also be connected to the Base’s solar energy microgrid. It also ensures a dependable supply of water which is critical to the launch process.
“We are pleased SeaWell has prioritized Vandenberg for this project. Water is essential for mission-critical and support activities, and reliability of this new water supply has the potential to substantially backstop our current drought-prone sources,” said Ken Domako, Vandenberg’s Chief of Portfolio Optimization.
Vandenberg is working with SeaWell’s subsidiary, Ocean Portal Water Company of California, who creates water supply projects with SeaWell buoys by coordinating customer interests with project sites and conducting project development. Ocean Portal’s mission is to provide water to municipal / institutional customers on long-term supply contracts as a reliable alternative to State Water and over-drafted groundwater basins.
SeaWell technology development started in 2018, led by Jim Dehlsen, a pioneer in US wind and marine renewable energy industries. He is known as “the father of the U.S. wind power industry” for his seminal work in wind turbine design and power project development that became General Electric’s entry to the wind industry.
Dehlsen describes SeaWell’s approach to desalination, saying, “As with wind turbines, SeaWell is based on modular, assembly-line-built systems, designed for water affordability and to be a benign presence in the ocean that can be quickly put into operation.”
SeaWell’s patented floating desalination buoys will utilize commercial, state-of-the-art reverse osmosis technology to convert seawater to freshwater with less environmental impact than conventional onshore plants, utilizing unique intake and brine discharge designs. SeaWell buoys are also designed to be more energy efficient in transferring only freshwater to shore rather than roughly twice the volume of seawater required for an onshore plant. In addition to buoys, SeaWell supplies a small-footprint, onshore, post-treatment module called a “Water Station” that receives water from the buoys.
Santa Barbara County Supervisors have expressed support for the Vandenberg Project as an important measure for water reliability. The current water emergency has forced a 95% reduction of California state water deliveries, which is being felt by water purveyors across the County. “Ocean Portal sees this project as an opportunity for different stakeholders to come together to solve such a life-changing problem as water scarcity,” said Peter Stricker, Ocean Portal’s President. Stricker went on to say, “The project is an important demonstration of an approach to water supply that can benefit Santa Barbara County as well as greater coastal California.”
With support from the State to establish Water Station connections along the coast, buoys could be floated out quickly to where most needed, similar to State support for EV charging stations that gave great impetus to the nascent EV industry. Provided State and local support, SeaWell studies indicate that “basic needs” water could be delivered to millions of coastal households within 5 years, while allowing State Water to be redirected to Central California communities and agriculture who have fewer water options.
For more information about SeaWell go to www.seawellwater.com.
1 Government Accounting Office; Report to the Committee on Armed Services, U.S. Senate; “WATER SCARCITY DOD Has Not Always Followed Leading Practices to Identify At-Risk Installations;” November 2019
Devon Ford
California Strategies
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Elizabeth Diaz
California Strategies
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