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Activities between Nov. 16, 2024, 12:40 a.m. and Nov. 23, 2024, 12:40 a.m. from: Energy Storage Technology.

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Convergent Energy and Power Closes Programmatic Tax Equity Financing with East West Bank

Document Date: Nov. 21, 2024, 7 p.m. / Source: Business Wire
Activity Class: CorporateFinanceActivity / Type: Investment / Region: North Salt Lake
Protagonist: Document Extract: Convergent Energy and Power (Convergent) , a leading provider of energy storage solutions in North America, today announced that it has closed a programmatic tax equity financing deal with East West Bank.
Document Source: https://www.businesswire.com/news/home/20241121367729/en/Convergent-Energy-and-Power-Closes-Programmatic-Tax-Equity-Financing-with-East-West-Bank (archive.org page / archive.org listing)


EIG's Fidra Energy and Sungrow Enter into Strategic Partnership on 4.4GWh BESS Projects

Document Date: Nov. 19, 2024, 5:27 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: People’s Republic of China
Partnership: Awarded: Document Extract: HEFEI, China and EDINBURGH, UK, Nov. 19, 2024 /PRNewswire/ - Fidra Energy and Sungrow today announced the signing of a strategic 4.4GWh [ 1 ] energy storage partnership agreement to support Fidra's plans to establish a 10GW battery energy storage system ("BESS") platform across the UK and other European markets by 2030 (the "Agreement") . Under the Agreement, Sungrow will supply its liquid-cooled energy storage system (ESS) PowerTitan 2.0 to two of Fidra's UK sites. The systems are to be of two-hour duration initially with expansion potential to a four-hour system. Sungrow will provide long-term maintenance services for both projects. The first of Fidra's sites to have Sungrow's PowerTitan 2.0 installed will be its flagship Thorpe Marsh development located in South Yorkshire.
Document Source: https://www.prnewswire.com/news-releases/eigs-fidra-energy-and-sungrow-enter-into-strategic-partnership-on-4-4gwh-bess-projects-302310352.html (archive.org page / archive.org listing)


EIG's Fidra Energy and Sungrow Enter into Strategic Partnership on 4.4GWh BESS Projects

Document Date: Nov. 19, 2024, 5:27 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: People’s Republic of China
Partnership: Document Extract: EIG's Fidra Energy and Sungrow Enter into Strategic Partnership on 4.4GWh BESS Projects. HEFEI, China and EDINBURGH, UK, Nov. 19, 2024 /PRNewswire/ - Fidra Energy and Sungrow today announced the signing of a strategic 4.4GWh [ 1 ] energy storage partnership agreement to support Fidra's plans to establish a 10GW battery energy storage system ("BESS") platform across the UK and other European markets by 2030 (the "Agreement") . Under the Agreement, Sungrow will supply its liquid-cooled energy storage system (ESS) PowerTitan 2.0 to two of Fidra's UK sites. The systems are to be of two-hour duration initially with expansion potential to a four-hour system. Sungrow will provide long-term maintenance services for both projects.
Document Source: https://www.prnewswire.com/news-releases/eigs-fidra-energy-and-sungrow-enter-into-strategic-partnership-on-4-4gwh-bess-projects-302310352.html (archive.org page / archive.org listing)


EIG's Fidra Energy and Sungrow Enter into Strategic Partnership on 4.4GWh BESS Projects

Document Date: Nov. 19, 2024, 5:27 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: Construction of the site is scheduled to begin in 2026. Chris Elder, Fidra Energy's Chief Executive Officer, said: "Battery storage is a proven, cost-effective and flexible technology that will be critical for Europe's energy transition. Our strategy is focused on building and operating big batteries in major markets. Sungrow has demonstrated that it will be an excellent partner, and we look forward to working with them to support our UK and European growth ambitions ." James Wu, Senior Vice President of Sungrow, commented: "This collaboration with Fidra Energy represents a shared commitment to energy innovation and an investment in the UK's sustainable future.
Document Source: https://www.prnewswire.com/news-releases/eigs-fidra-energy-and-sungrow-enter-into-strategic-partnership-on-4-4gwh-bess-projects-302310352.html (archive.org page / archive.org listing)


NHOA Energy to Supply to Red Eléctrica De España Two Storage Projects With a Total Capacity of 105MWh

Document Date: Nov. 18, 2024, 6 p.m. / Source: Business Wire
Activity Class: PartnershipActivity / Region: Comunitat Autònoma de les Illes Balears
Partnership: Document Extract: Regulatory News: NHOA Energy, the company of NHOA Group (NHOA.PA) dedicated to energy storage, has signed the agreements and started the execution activities with Red Eléctrica, Spanish TSO, for the supply of two battery energy storage systems (BESS) in the Balearic Islands for a total power of 140MW and 105MWh energy. The systems will provide continuous support services to the islands' grids and represent, as an aggregate, the largest SATA (Storage as Transmission Asset) in Southern Europe. The systems will be deployed in the islands' substations, to reinforce the safe and continuous supply of electricity and to maximize the power exchange of existing and future interconnections with Mallorca Island, encouraging the decarbonization of the Balearic Islands. This project is included in the Spanish Electrical Planning (www.planificacionelectrica.es) and also in the National Integrated Energy and Climate Plan (Plan Nacional Integrado de Energía y Clima - PNEIC) , which aims to increase renewable energy capacity, reduce greenhouse gas emissions, and enhance energy independence, while fostering economic growth and sustainability.
Document Source: https://www.businesswire.com/news/home/20241118077042/en/NHOA-Energy-to-Supply-to-Red-El%25C3%25A9ctrica-De-Espa%25C3%25B1a-Two-Storage-Projects-With-a-Total-Capacity-of-105MWh (archive.org page / archive.org listing)


SRP and EDP Renewables Announce New Energy Storage System to Support Increasing Energy Demand

Document Date: Nov. 18, 2024, 3 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: Coolidge
Partnership: Document Extract: SRP and EDP Renewables Announce New Energy Storage System to Support Increasing Energy Demand. COOLIDGE, Ariz., Nov. 18, 2024 /PRNewswire/ - Salt River Project (SRP) and Flatland Storage LLC, a subsidiary of EDP Renewables North America LLC (EDPR NA) have entered into an agreement to provide 200 megawatts (MW) of new energy storage to Arizona's grid. The Flatland Energy Storage Project will be a 200 MW/800 megawatt-hour battery energy storage system located near Coolidge, Arizona. The project will utilize lithium-ion technology, designed and manufactured in the U.S. by Tesla. Scheduled to be online in 2025, the facility will have enough capacity to power up to 45,000 homes for four hours during peak electricity demand periods.
Document Source: https://www.prnewswire.com/news-releases/srp-and-edp-renewables-announce-new-energy-storage-system-to-support-increasing-energy-demand-302308626.html (archive.org page / archive.org listing)


SRP and EDP Renewables Announce New Energy Storage System to Support Increasing Energy Demand

Document Date: Nov. 18, 2024, 3 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: Arizona
Partnership: Document Extract: SRP and EDP Renewables Announce New Energy Storage System to Support Increasing Energy Demand. COOLIDGE, Ariz., Nov. 18, 2024 /PRNewswire/ - Salt River Project (SRP) and Flatland Storage LLC, a subsidiary of EDP Renewables North America LLC (EDPR NA) have entered into an agreement to provide 200 megawatts (MW) of new energy storage to Arizona's grid. The Flatland Energy Storage Project will be a 200 MW/800 megawatt-hour battery energy storage system located near Coolidge, Arizona. The project will utilize lithium-ion technology, designed and manufactured in the U.S. by Tesla. Scheduled to be online in 2025, the facility will have enough capacity to power up to 45,000 homes for four hours during peak electricity demand periods.
Document Source: https://www.prnewswire.com/news-releases/srp-and-edp-renewables-announce-new-energy-storage-system-to-support-increasing-energy-demand-302308626.html (archive.org page / archive.org listing)


SRP and EDP Renewables Announce New Energy Storage System to Support Increasing Energy Demand

Document Date: Nov. 18, 2024, 3 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: Arizona
Partnership: Document Extract: COOLIDGE, Ariz., Nov. 18, 2024 /PRNewswire/ - Salt River Project (SRP) and Flatland Storage LLC, a subsidiary of EDP Renewables North America LLC (EDPR NA) have entered into an agreement to provide 200 megawatts (MW) of new energy storage to Arizona's grid. The Flatland Energy Storage Project will be a 200 MW/800 megawatt-hour battery energy storage system located near Coolidge, Arizona. The project will utilize lithium-ion technology, designed and manufactured in the U.S. by Tesla. Scheduled to be online in 2025, the facility will have enough capacity to power up to 45,000 homes for four hours during peak electricity demand periods. The batteries will absorb excess energy when customer demand is lower and store it for use during times of peak demand.
Document Source: https://www.prnewswire.com/news-releases/srp-and-edp-renewables-announce-new-energy-storage-system-to-support-increasing-energy-demand-302308626.html (archive.org page / archive.org listing)


SRP and EDP Renewables Announce New Energy Storage System to Support Increasing Energy Demand

Document Date: Nov. 18, 2024, 3 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: " The Flatland Energy Storage Project will help us meet the increasing energy demand of one of the fastest growing areas of the nation ." Flatland Energy Storage Project is set to provide significant benefits to the local regional economy, with a capital investment of over $ 271 million, and an additional $ 7 million paid to local governments in the form of tax payments. Millions of dollars will also be spent supporting local small businesses during the lifetime of the project, which will create 60 construction jobs and host two permanent operations positions upon completion. In addition, Flatland is being seen as contributing to national energy security for the state of Arizona, as well as the broader United States, helping diversify domestic power supply. This is SRP's second project in partnership with EDPR NA.
Document Source: https://www.prnewswire.com/news-releases/srp-and-edp-renewables-announce-new-energy-storage-system-to-support-increasing-energy-demand-302308626.html (archive.org page / archive.org listing)


BLUETTI and UN-Habitat Forge Partnership to Promote Clean Energy and Sustainable Development Across Africa

Document Date: Nov. 18, 2024, 6:30 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: LAS VEGAS, Nov. 18, 2024 /PRNewswire/ - BLUETTI, a global leader in clean energy storage solutions, has entered into a strategic partnership with the United Nations Human Settlements Programme (UN-Habitat) at the 12th World Urban Forum (WUF12) in Cairo, held from November 4-8. This strategic collaboration aims to accelerate clean energy adoption and sustainable development in Africa. The WUF12, themed "It All Starts at Home: Local actions for sustainable cities and communities", highlights urgent local actions needed to address issues like affordable housing, climate change, rising living costs, and the lack of basic services. This theme align closely with BLUETTI's mission to create a better world through sustainable energy. The focus on local action is particularly relevant in Africa, where millions of people still lack reliable electricity.
Document Source: https://www.prnewswire.com/news-releases/bluetti-and-un-habitat-forge-partnership-to-promote-clean-energy-and-sustainable-development-across-africa-302308425.html (archive.org page / archive.org listing)


BLUETTI and UN-Habitat Forge Partnership to Promote Clean Energy and Sustainable Development Across Africa

Document Date: Nov. 18, 2024, 6:30 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: Africa
Partnership: Document Extract: This theme align closely with BLUETTI's mission to create a better world through sustainable energy. The focus on local action is particularly relevant in Africa, where millions of people still lack reliable electricity. Limited power access constrains daily life, hampers education and job opportunities, and perpetuates poverty across the continent. In response to these challenges, BLUETTI and UN-Habitat signed a "Technology Transfer" Memorandum of Understanding (MOU) during the forum to speed up the introduction of renewable energy technologies in Africa. Key initiatives under this MOU include training electricians and providing clean energy education through BLUETTI's Lighting An African Family (LAAF) Program.
Document Source: https://www.prnewswire.com/news-releases/bluetti-and-un-habitat-forge-partnership-to-promote-clean-energy-and-sustainable-development-across-africa-302308425.html (archive.org page / archive.org listing)


Brenmiller Energy and TUTCO, a Global Leader in Electric Heating, Enter Manufacturing Agreement as bGen™ ZERO is Set for Commercial Deliveries

Document Date: Nov. 21, 2024, 1:30 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership: Document Extract: Brenmiller Energy and TUTCO, a Global Leader in Electric Heating, Enter Manufacturing Agreement as bGen™ ZERO is Set for Commercial Deliveries. Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (Nasdaq: BNRG) , a pioneer in developing thermal storage ("TES") systems, today announced it has entered into a manufacturing and supply agreement with U.S. - based TUTCO Heating Solutions Group ("TUTCO") , a global leader in the supply of electric resistive heating elements and subsidiary of London - based Smiths Group (LSE: SMIN) , a £5.6 billion industrial technology company. TUTCO has designed, and will manufacture, heaters that are key components of Brenmiller's next-generation bGen™ ZERO TES systems. Brenmiller's award-winning TES technology is a sustainable heat battery that uses crushed rocks to store high-temperature heat.​ Powered by renewable energy, bGen™ ZERO generates carbon-free heat, steam or hot air, ensuring stable conditions for 24/7 operation. The heaters, which TUTCO will supply to Brenmiller, will capture electricity from renewable sources, converting the electricity to heat which will then be stored in crushed rocks in bGen™ ZERO's bCubes™.
Document Source: https://www.businesswire.com/news/home/20241121411485/en/Brenmiller-Energy-and-TUTCO-a-Global-Leader-in-Electric-Heating-Enter-Manufacturing-Agreement-as-bGen%25E2%2584%25A2-ZERO-is-Set-for-Commercial-Deliveries (archive.org page / archive.org listing)


Brenmiller Energy and TUTCO, a Global Leader in Electric Heating, Enter Manufacturing Agreement as bGen™ ZERO is Set for Commercial Deliveries

Document Date: Nov. 21, 2024, 1:30 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership: Document Extract: Brenmiller Energy and TUTCO, a Global Leader in Electric Heating, Enter Manufacturing Agreement as bGen™ ZERO is Set for Commercial Deliveries. Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (Nasdaq: BNRG) , a pioneer in developing thermal storage ("TES") systems, today announced it has entered into a manufacturing and supply agreement with U.S. - based TUTCO Heating Solutions Group ("TUTCO") , a global leader in the supply of electric resistive heating elements and subsidiary of London - based Smiths Group (LSE: SMIN) , a £5.6 billion industrial technology company. TUTCO has designed, and will manufacture, heaters that are key components of Brenmiller's next-generation bGen™ ZERO TES systems. Brenmiller's award-winning TES technology is a sustainable heat battery that uses crushed rocks to store high-temperature heat.​ Powered by renewable energy, bGen™ ZERO generates carbon-free heat, steam or hot air, ensuring stable conditions for 24/7 operation. The heaters, which TUTCO will supply to Brenmiller, will capture electricity from renewable sources, converting the electricity to heat which will then be stored in crushed rocks in bGen™ ZERO's bCubes™.
Document Source: https://www.businesswire.com/news/home/20241121411485/en/Brenmiller-Energy-and-TUTCO-a-Global-Leader-in-Electric-Heating-Enter-Manufacturing-Agreement-as-bGen%25E2%2584%25A2-ZERO-is-Set-for-Commercial-Deliveries (archive.org page / archive.org listing)


Flux Power Announces Planned Retirement of Chairman & Chief Executive Officer Ron Dutt

Document Date: Nov. 21, 2024, 9:01 p.m. / Source: Business Wire
Activity Class: RoleActivity / Type: Finishing
Role: Person: Organization: Document Extract: Flux Power Holdings, Inc. (NASDAQ: FLUX) , a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that its Chairman and Chief Executive Officer, Ron Dutt, intends to retire from the Company.
Document Source: https://www.businesswire.com/news/home/20241121700521/en/Flux-Power-Announces-Planned-Retirement-of-Chairman-Chief-Executive-Officer-Ron-Dutt (archive.org page / archive.org listing)


Flux Power Announces Planned Retirement of Chairman & Chief Executive Officer Ron Dutt

Document Date: Nov. 21, 2024, 9:01 p.m. / Source: Business Wire
Activity Class: RoleActivity / Type: Finishing
Role: Person: Organization: Document Extract: Flux Power Announces Planned Retirement of Chairman & Chief Executive Officer Ron Dutt.
Document Source: https://www.businesswire.com/news/home/20241121700521/en/Flux-Power-Announces-Planned-Retirement-of-Chairman-Chief-Executive-Officer-Ron-Dutt (archive.org page / archive.org listing)


Northvolt CEO steps down, says EV maker needs up to US$1.2-billion to restore business

Document Date: Nov. 22, 2024, 1:57 p.m. / Source: The Globe and Mail
Activity Class: RoleActivity / Type: Finishing / Region: Europe
Role: Person: Organization: Document Extract: Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric vehicle battery champion filed for U.S. Chapter 11 bankruptcy protection.
Document Source: https://www.theglobeandmail.com/world/article-northvolt-ceo-steps-down-says-ev-maker-needs-up-to-us12-billion-to/ (archive.org page / archive.org listing)


EV battery maker Northvolt appoints restructuring expert to oversee main facility in Sweden

Document Date: Nov. 20, 2024, 12:37 p.m. / Source: The Globe and Mail
Activity Class: RoleActivity / Type: Starting / Region: Kingdom of Sweden
Role: Person: Organization: Document Extract: Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in northern Sweden, a company spokesperson said on Wednesday.
Document Source: https://www.theglobeandmail.com/business/international-business/article-ev-battery-maker-northvolt-reportedly-appoints-restructuring-expert-to/ (archive.org page / archive.org listing)

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