Alternative Energy

Hydrogen Industry Alliance Launched to Accelerate Clean Hydrogen Market Development

Retrieved on: 
Wednesday, May 1, 2024

The HIA is a network of companies spanning the energy and mobility ecosystems working collaboratively to support the development of the clean hydrogen market in the Midwest and beyond.

Key Points: 
  • The HIA is a network of companies spanning the energy and mobility ecosystems working collaboratively to support the development of the clean hydrogen market in the Midwest and beyond.
  • The clean hydrogen industry has announced over 1,400 projects requiring $570 billion in investments by 2030.
  • It will facilitate shared project learnings and market research, advocate with federal, state, and local governments, and educate the public on the benefits of clean hydrogen, thereby driving the development of the clean hydrogen market.
  • For more information about events and to learn more about the Hydrogen Industry Alliance, visit the website at h2industry.org .

Aspen Power To Acquire Community Solar Portfolio in Illinois

Retrieved on: 
Wednesday, May 1, 2024

Aspen Power , a distributed generation platform with the mission of accelerating and democratizing decarbonization, announced today that it is partnering with a developer to acquire 20 community solar projects up to 19 MW, primarily in Illinois.

Key Points: 
  • Aspen Power , a distributed generation platform with the mission of accelerating and democratizing decarbonization, announced today that it is partnering with a developer to acquire 20 community solar projects up to 19 MW, primarily in Illinois.
  • Expanding Aspen’s geographical portfolio plays a significant role in advancing decarbonization and increasing access to green energy in new communities,” said Dan Gulick, Senior Vice President, Community Solar, Aspen Power.
  • This acquisition continues the expansion of states where Aspen Power owns and operates community solar projects.
  • With the addition of the Illinois portfolio, Aspen currently owns and operates community solar projects across five states with community solar programs: Maine, New York, Maryland, and California.

UGI Reports Fiscal 2024 Second Quarter Results, Concludes Strategic Review and Affirms Fiscal 2024 Guidance

Retrieved on: 
Wednesday, May 1, 2024

UGI Corporation (NYSE: UGI) today reported financial results for the fiscal quarter ended March 31, 2024 and announced that its Board has unanimously decided to conclude the strategic review of its LPG businesses, which was primarily focused on AmeriGas Propane.

Key Points: 
  • UGI Corporation (NYSE: UGI) today reported financial results for the fiscal quarter ended March 31, 2024 and announced that its Board has unanimously decided to conclude the strategic review of its LPG businesses, which was primarily focused on AmeriGas Propane.
  • Concludes the strategic review of the LPG businesses and retains ownership of AmeriGas Propane.
  • Repositions UGI to drive a high-performing, customer centered and results-driven organization, targeting a long-term EPS growth rate of 4 – 6%.
  • Affirms its fiscal 2024 adjusted diluted EPS guidance range of $2.70 - $3.002 per share.

Tigo Energy Introduces Solar-Plus-Storage EI Residential Solar Solution for Puerto Rico

Retrieved on: 
Wednesday, May 1, 2024

Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced the first installation and commissioning of a Tigo EI Residential Solar Solution, with whole-home backup, as part of the solution’s introduction to the Puerto Rican market.

Key Points: 
  • Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced the first installation and commissioning of a Tigo EI Residential Solar Solution, with whole-home backup, as part of the solution’s introduction to the Puerto Rican market.
  • The Tigo EI Residential Solar Solution consists of Tigo TS4 Flex MLPE products, the Tigo EL Inverter, a modular DC-coupled EI Battery, and everything else required for fast, flexible, and dependable installation.
  • View the full release here: https://www.businesswire.com/news/home/20240501310127/en/
    The inaugural Tigo EI Residential Solar Solution installation showcases a comprehensive suite of Tigo components, including EI Inverter, EI Battery, Automatic Transfer Switch, and MLPE devices.
  • Please visit the Tigo solutions for Puerto Rico page for more detailed information on products and services available in Puerto Rico.

MN8 Energy Sources 457 MW of American Solar Modules from First Solar

Retrieved on: 
Wednesday, May 1, 2024

First Solar , Inc. (“First Solar”) (NASDAQ: FSLR) announced that MN8 Energy LLC (“MN8”) has placed orders for 457 megawatts (MW) of advanced thin film solar modules, including 170 MW of Series 6 Plus bifacial modules and 287 MW of Series 7 modules.

Key Points: 
  • First Solar , Inc. (“First Solar”) (NASDAQ: FSLR) announced that MN8 Energy LLC (“MN8”) has placed orders for 457 megawatts (MW) of advanced thin film solar modules, including 170 MW of Series 6 Plus bifacial modules and 287 MW of Series 7 modules.
  • View the full release here: https://www.businesswire.com/news/home/20240501307815/en/
    First Solar announced that MN8 Energy LLC has placed orders for 457 megawatts (MW) of advanced thin film solar modules, including 170 MW of Series 6 Plus bifacial modules and 287 MW of Series 7 modules.
  • MN8 previously transacted with First Solar in their acquisition of the 123 MW American Kings Solar project in California.
  • First Solar's investments in U.S. manufacturing are also believed to make it the most significant enabler of American jobs among solar manufacturers.

Amprius Sets May 2024 Events Schedule

Retrieved on: 
Wednesday, May 1, 2024

Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced its schedule for May appearances and activities.

Key Points: 
  • Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced its schedule for May appearances and activities.
  • Event Details: Amprius CEO Dr. Kang Sun and CFO Sandra Wallach will meet with investors one-on-one at the event.
  • Event Details: Amprius CEO Dr. Kang Sun and CFO Sandra Wallach will meet with investors one-on-one at the event.
  • Event Details: Amprius CEO Dr. Kang Sun and CFO Sandra Wallach will meet with investors one-on-one at the event.

Advent Technologies Holdings Approves Reverse Stock Split

Retrieved on: 
Wednesday, May 1, 2024

Advent Technologies Holdings, Inc. (Nasdaq: ADN) (“Advent” or the “Company”) announced today that it will move forward with a 1-for-30 reverse stock split of its issued and outstanding common stock.

Key Points: 
  • Advent Technologies Holdings, Inc. (Nasdaq: ADN) (“Advent” or the “Company”) announced today that it will move forward with a 1-for-30 reverse stock split of its issued and outstanding common stock.
  • The reverse stock split is intended to bring Advent into compliance with Nasdaq's $1.00 per share minimum bid price requirement for continued listing and to make the Company's stock more attractive to a broader range of institutional and other investors.
  • After the reverse stock split, the number of outstanding shares of common stock will be reduced from approximately 77.6 million to approximately 2.6 million, subject to adjustment for fractional shares.
  • Advent’s transfer agent, Continental Stock Transfer & Trust Company, will act as the exchange agent for the reverse stock split and will provide instructions to stockholders regarding the process.

Electra Expands Leadership Team With Head of Communications and Policy

Retrieved on: 
Wednesday, May 1, 2024

Electra , a clean iron company, welcomes its first Head of Communications and Policy, Kellyn Blossom.

Key Points: 
  • Electra , a clean iron company, welcomes its first Head of Communications and Policy, Kellyn Blossom.
  • “Following a year of record growth for Electra, we need to expand our team of experienced leaders as we continue to advance on our path to decarbonizing ironmaking.
  • Kellyn’s track record of leading innovative technology policy makes her an invaluable addition,” said Sandeep Nijhawan, CEO and co-founder of Electra.
  • She brings experience in technology startups including building policy and communications teams at Zipline, Thumbtack and Uber.

Surf Air Mobility Participates in Chardan’s Virtual Transport Platform Tech Series

Retrieved on: 
Wednesday, May 1, 2024

Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”) Co-founder Sudhin Shahani and CFO Oliver Reeves participated in Chardan’s Transport Platform Tech Series virtual conference to discuss trends in advanced air mobility and electrified air travel.

Key Points: 
  • Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”) Co-founder Sudhin Shahani and CFO Oliver Reeves participated in Chardan’s Transport Platform Tech Series virtual conference to discuss trends in advanced air mobility and electrified air travel.
  • Surf Air was also included in Chardan’s Freight, Logistics & Transportation: The Digital Transformation report.
  • A link to the report can be found here .