Results for: Renewable Energy

Nexus Renewables and Apricus Generation have announced the completion of Apricus’ acquisition of a controlling stake in Nexus. This strategic partnership aims to create an industry-leading platform for the development, aggregation, ownership, and operation of solar and energy storage technologies. Nexus Renewables, founded in 2020, has amassed over $1 billion in committed equity and debt financings and advanced over 500 MW of solar and energy storage projects across North America. The investment from Apricus Generation will allow Nexus to expand its capabilities and seize significant market opportunities in the energy transition. Apricus’ founders bring extensive experience in scaling businesses, corporate governance, operations, and capital markets, providing valuable guidance for Nexus’ growth. The combined expertise of both companies will empower Nexus to serve as a solution provider and consolidator for the underserved market segment of energy developers.

Apricus Generation, a national distributed solar and battery development platform, has acquired a controlling interest in Nexus Renewables, a leading developer of community solar and battery energy storage systems (BESS) projects. This strategic acquisition will provide Nexus with the management expertise, support, and capital needed to advance its 500MW project pipeline to generation, making it one of the leading IPP platforms in this space.

E8 Angels, a renowned cleantech angel investing community, has announced their annual request for proposals (RFP) for their philanthropic impact fund, Decarbon8-US. This year, the focus is on fostering innovation in renewable energy, aligning with the ambitious goal of tripling the world’s renewable energy capacity by 2030.

Southern California Gas Company (SoCalGas) has been honored with the prestigious “Organizational Leadership Award” from The Climate Registry (TCR) for its exceptional sustainability leadership and commitment to reducing greenhouse gas emissions. SoCalGas’ ASPIRE 2045 sustainability strategy outlines ambitious goals for decarbonization and climate resilience, including reducing methane emissions, increasing renewable natural gas usage, and transitioning to zero-emission vehicles.

A groundbreaking discovery in Pennsylvania has revealed a colossal reservoir of untapped lithium hidden within wastewater from gas fracking operations. This discovery offers the potential to supply a significant portion of the US’s lithium demand, a crucial element for the production of batteries and electronic devices. The new discovery could revolutionize lithium sourcing, bypassing the need for additional mining and its associated environmental concerns.

Pylontech, a leading energy storage system provider, has officially opened its global headquarters in Shanghai. Founded in 2009, Pylontech has established itself as a key player in the industry, mastering core technologies in battery cells, modules, and Battery Management System (BMS), system integration, and more. With over ten years of experience serving overseas markets and cumulative shipments exceeding one million units, Pylontech has gained worldwide recognition for its technological innovation and exceptional products and services. To meet its continuous growth needs, Pylontech has established R&D and manufacturing bases in various locations and accelerated its global expansion by setting up branches in multiple countries. The newly opened global headquarters spans over 50,000 square meters and integrates R&D, production, and offices, providing comprehensive support for Pylontech’s ongoing development. Pylontech is committed to deepening cooperation with global partners and contributing to the global energy transition and sustainable development.

Sungrow, a leading global provider of PV inverters and energy storage systems, has unveiled its 2023 Sustainability Report, marking nine consecutive years of public disclosure. Amidst growing consensus on the importance of renewable energy, Sungrow reiterates its dedication to advancing green energy solutions, specializing in solar, wind, storage, hydrogen, and electric vehicle technologies. Rooted in the ESG philosophy of ‘Green Mission, Better Life,’ Sungrow proactively addresses sustainability challenges and aligns its corporate goals with environmental and social well-being.

TXU Energy has recognized four innovative organizations as category winners for the 2024 TXU Energy Leadership Awards. The awards highlight corporate, government, and non-profit leaders showcasing their commitment to energy responsibility. The winners include Foxconn Industrial Internet for manufacturing and industrial energy management, Harris County for sustainability and climate action, the City of Corpus Christi for urban tree canopy and community engagement, and Mission 911 for supporting families in need with bill-payment assistance and other resources.

Cresta Fund Management, a private equity firm investing in low-carbon molecule infrastructure and solutions, has announced a controlling investment in Ocean Pacific (OP), a developer of compressed natural gas (CNG) and alternative energy fueling stations. By leveraging OP’s leadership in the CNG market and Cresta’s capital, operational, and development expertise, the partnership aims to significantly expand the availability of clean fuel alternatives and accelerate the decarbonization of the transportation industry.

Verse, a software company focused on enabling organizations to understand, plan, and manage clean energy, has secured a Series A funding round led by GV (Google Ventures) with participation from Coatue, CIV, and MCJ Collective. The investment will fuel Verse’s growth and enhance its software product suite, empowering more businesses to reduce both the cost and emissions of their electricity. Verse’s AI-enabled software platform, AriaTM, empowers buyers to determine goals and create roadmaps for optimal, least-cost clean energy portfolios efficiently and cost-effectively.