PG

Sunrun’s ‘CalReady’ Power Plant Supports California’s Grid with 16,200 Home Solar-Plus-Storage Systems

Retrieved on: 
Wednesday, May 8, 2024
Risk, Wildfire, The Electric Company, PG&E, Ancillary services (electric power), SAN

Sunrun’s CalReady power plant will reduce strain on the grid by supplying critical energy to communities that need it throughout California in order to reduce costs and help prevent power emergencies.

Key Points: 
  • Sunrun’s CalReady power plant will reduce strain on the grid by supplying critical energy to communities that need it throughout California in order to reduce costs and help prevent power emergencies.
  • For the second year in a row, Sunrun is demonstrating how uniquely capable, reliable and readily available its solar-plus-storage systems are as an essential grid solution.
  • This summer, Sunrun is expected to roughly double that capacity and participant number for the statewide Demand Side Grid Support program .
  • “Just like how a centralized fossil fuel power plant is controlled and dispatched by a single entity, so too is Sunrun’s CalReady virtual power plant—making it a powerful contributor to California’s grid.

Sunrun Reports First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 8, 2024
Solar energy, ITC, VPP, Revenue stream, Record, PG&E, LUMA, Asset, Customer, CO2, Growth, Renewable energy

Customers grew 15% in the first quarter of 2024 compared to the first quarter of 2023.

Key Points: 
  • Customers grew 15% in the first quarter of 2024 compared to the first quarter of 2023.
  • Subscriber Value was $50,776 in the first quarter of 2024, a 15% increase compared to the first quarter of 2023.
  • Total revenue was $458.2 million in the first quarter of 2024, down $131.6 million, or 22%, from the first quarter of 2023.
  • Sunrun is hosting a conference call for analysts and investors to discuss its first quarter 2024 results and business outlook at 1:30 p.m. Pacific Time today, May 8, 2024.

Zevo On-Body Repellent Teams Up With American Hiking Society to Provide the Ultimate Defense to Battle Bug Bites

Retrieved on: 
Wednesday, May 8, 2024
Men, Retail, Family, Consumer, Environmental Health, Convenience Store, Lifestyle, Sports, Environment, Outdoors, Children, Supermarket, Specialty, Women, James Gamble (industrialist), AHS, Procter, Kings of Pain, Love, American Hiking Society, Tick, National Trails, Procter & Gamble, Multimedia, Trail, IR3535, Human, Tea

Thankfully, Zevo On-Body, from the Procter & Gamble (NYSE: PG) company, is here to help prepare and protect hikers against mosquitoes and ticks in a new collaboration with American Hiking Society (AHS).

Key Points: 
  • Thankfully, Zevo On-Body, from the Procter & Gamble (NYSE: PG) company, is here to help prepare and protect hikers against mosquitoes and ticks in a new collaboration with American Hiking Society (AHS).
  • On June 1, 2024, Zevo will provide its On-Body Mosquito + Tick Repellent pump spray at select trail sites for AHS’s 32nd Annual National Trails Day® to provide 8-hour odorless, non-sticky, feel-good protection.
  • View the full release here: https://www.businesswire.com/news/home/20240508992333/en/
    Zevo On-Body Repellent teams up with American Hiking Society to provide the ultimate defense to battle bug bites (Photo: Business Wire)
    While grassy and wooded areas can be peaceful places to hike, they are also one of the places that bugs love most.
  • Zevo On-Body helps outdoor lovers prepare for inevitable itchy and annoying bug bites that come with the territory.

Energy Vault Reports First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 8, 2024
Alternative Energy, Energy, Other Energy, Utilities, Safety, Atlas, GESS, BESS, Wind, PG&E, NV Energy, IPP, Energy Vault, GAAP, Cryptocurrency

Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the first quarter ended March 31, 2024.
  • “In the first quarter of 2024, the Energy Vault team continued to execute on the most important priority set at the beginning of 2023 – deployments of our first energy storage projects across multiple customers delivered on time, on budget and at the quality, safety and performance levels that meet or exceed our customer expectations,” said Robert Piconi, Chairman and CEO of Energy Vault.
  • In lieu of hosting a dedicated financial results conference call, Energy Vault will discuss the latest quarterly results and wider financial and operational updates at its inaugural Investor & Analyst Day on Thursday, May 9, 2024 at 9:00 AM ET at the New York Stock Exchange.
  • Key members of the Energy Vault executive team will be present, including Robert Piconi (Chairman and CEO), and Michael Beer (Chief Financial Officer).

P&G to Webcast Presentation at the Goldman Sachs Global Staples Forum, May 14

Retrieved on: 
Tuesday, May 7, 2024
Online Retail, Cosmetics, Retail, Discount, Variety, Home Goods, Supermarket, Specialty, Procter & Gamble

Andre Schulten, Chief Financial Officer of The Procter & Gamble Company (NYSE:PG) will be a featured speaker at the Goldman Sachs Global Staples Forum on Tuesday, May 14, 2024, at 9:35 a.m.

Key Points: 
  • Andre Schulten, Chief Financial Officer of The Procter & Gamble Company (NYSE:PG) will be a featured speaker at the Goldman Sachs Global Staples Forum on Tuesday, May 14, 2024, at 9:35 a.m.
  • ET.
  • Media and investors may access the live audio webcast at www.pginvestor.com beginning at 9:35 a.m.
  • The webcast will also be available for replay.

Sonoma Clean Power Celebrates 10 Years of Providing Clean Energy to Sonoma and Mendocino Counties

Retrieved on: 
Wednesday, May 8, 2024
Organization, Nonprofit organization, Evergreen, Geographical zone, Supervisor, Climate, City, Electricity, Wildfire, Transport, CCA, Tax, EV, SCP, Geothermal gradient, PG&E, Community, Grid, ROSA, Renewable energy

SANTA ROSA, Calif., May 8, 2024 /PRNewswire/ -- Sonoma Clean Power (SCP) marks a significant milestone as it celebrates a decade of leadership in delivering clean, affordable, and locally sourced energy to its communities. Founded in response to the desire for a choice in a customer-owned public utility, SCP emerged as California's second Community Choice Aggregator (CCA) in 2014, and today generates the power for 87 percent of all homes and businesses in Sonoma and Mendocino counties. Without relying on taxes, it has since constructed 195 megawatts (MW) of new renewable power and passed more than $100 million in direct savings to its more than 500,000 customers. SCP pioneers dozens of innovative programs and gives back to the community along the way.

Key Points: 
  • "Over the past decade, Sonoma Clean Power has been fighting for the climate AND saving customers money," added Lynda Hopkins, County of Sonoma fifth district Supervisor and SCP board chair.
  • SCP is dedicated to energy equity and providing the tools and solutions for every single customer to benefit from the cleanest energy available."
  • "Congratulations to Sonoma Clean Power on 10 years of serving its community and bringing clean energy and electrification mainstream," said David Hochschild, chair of the California Energy Commission.
  • Its Advanced Energy Center will now be known as the Sonoma Clean Power Customer Center.

Intuitive Announces Board of Directors Elections and Retirements

Retrieved on: 
Friday, April 26, 2024
Corporation, CFO, KPMG, Intuition, Accounting, National Semiconductor, Chewing, Santa Clara University, Patient, Commerce, Institutional Investor, Health, Kania

SUNNYVALE, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Intuitive (Nasdaq: ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, announced today that Lewis Chew, former chief financial officer at Dolby Labs, Inc., has been elected to the Company’s Board of Directors, effective April 25.

Key Points: 
  • “Lewis brings decades of experience across global organizations, technologies, and complex supply chains that will be a good fit for Intuitive’s Board,” said Gary Guthart, Intuitive CEO.
  • “His insights and expertise will serve Intuitive well as we continue expansion and enhancement of minimally invasive care.”
    Chew, 61, served as CFO at Dolby Labs, Inc. from June 2012 to October 2021.
  • From September 2009 to April 2019, Chew served on the Board of Directors of PG&E Company.
  • Separately, two Intuitive board members, Alan Levy, Ph.D., and Don Kania, Ph.D., have retired from the Company’s Board effective at the expiration of their terms on April 25, 2024.

PG&E Customers' Electricity 100% Greenhouse Gas-Free in 2023

Retrieved on: 
Monday, April 22, 2024
BTM, Electricity, ISO, The Electric Company, Carbon, Vistra Corp, Wind, Greenhouse, PG&E, GHG, Season, Diablo Canyon Power Plant, Nuclear, Renewable energy

OAKLAND, Calif., April 22, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) retail customers received 100% greenhouse gas-free electricity in 2023, making the company's portfolio of electricity sources one of the world's cleanest.

Key Points: 
  • GHG-Free Electricity Deliveries Included 53% Nuclear, 34% Eligible-Renewable Resources and 13% Hydroelectric
    OAKLAND, Calif., April 22, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) retail customers received 100% greenhouse gas-free electricity in 2023, making the company's portfolio of electricity sources one of the world's cleanest.
  • In another example, PG&E also reached an important battery energy storage milestone, passing the 2,100-megawatt mark for capacity.
  • "Providing retail customers with 100% greenhouse gas-free electricity in 2023 highlights that PG&E's electric generation portfolio supports achievement of California's climate goals."
  • PG&E is committed to reaching carbon neutrality by 2040, and to actively removing more greenhouse gases than the company emits by 2050.

Nearly 5,000 Nonprofits and Schools Benefit from Charitable Contributions from PG&E and The PG&E Corporation Foundation

Retrieved on: 
Friday, April 19, 2024
Education, Safety, Humanity, Impact, School, Partnership, Lifting, Chief sustainability officer, Campaign, PG&E, Corporate Affairs, Smokehouse, Community, Student, Organization

OAKLAND, Calif., April 19, 2024 /PRNewswire/ -- PG&E and The PG&E Corporation Foundation (PG&E Foundation) provided $25.6 million in charitable contributions in 2023, along with PG&E coworkers who contributed another $5.9 million — all benefitting nearly 5,000 nonprofits and schools. Charitable contributions are funded by shareholders, not PG&E customers.

Key Points: 
  • OAKLAND, Calif., April 19, 2024 /PRNewswire/ -- PG&E and The PG&E Corporation Foundation (PG&E Foundation) provided $25.6 million in charitable contributions in 2023, along with PG&E coworkers who contributed another $5.9 million — all benefitting nearly 5,000 nonprofits and schools.
  • PG&E's Community Relations 2023 Impact Report released today, details programs, charitable giving and volunteerism.
  • Charitable contributions from PG&E and the PG&E Foundation increased more than a half-million dollars in 2023 over the previous year.
  • PG&E and the PG&E Foundation provided more than 1,000 grants to nonprofits supporting the safety and well-being of local communities.

Statewide Partnership Aims to Deliver More Clean Energy Faster to Californians and Support State Climate Goals

Retrieved on: 
Thursday, April 18, 2024
Climate change, University, DOE, Weather, CEC, Mentorship, Congestion, Title, Thought, SCE, California Public Utilities Commission, CPUC, Partnership, Electricity, Public utilities commission, The Electric Company, Carbon, GETS, IBEW, California Independent System Operator, Senior counsel, California Energy Commission, ESC, PG&E, CAISO, Economic development, Student, GRIP, Renewable energy

OAKLAND, Calif. and ROSEMEAD, Calif., April 18, 2024 /PRNewswire/ -- In a joint effort to deliver more clean energy at a lower cost to customers, the California Energy Commission (CEC), California Public Utilities Commission (CPUC), California Independent System Operator (CAISO), Pacific Gas and Electric Company (PG&E), Southern California Edison (SCE), and the University of California, Berkeley Energy Institute at Haas submitted a grant application for $2 billion to the U.S. Department of Energy's (DOE) Grid Resilience and Innovation Partnerships (GRIP) Program – the largest such application in state history.

Key Points: 
  • "These promising innovations can help lower costs for Californians through greater efficiency that lets us get more out of our shared system."
  • "This project will help California take aggressive action against climate change, drive economic growth and make costs more affordable for customers."
  • The grant also would fund technology and process improvements to enhance renewable energy interconnection, adding more clean energy to serve customers and help meet the state's bold clean energy goals.
  • Programs would also support mid-career changes, and training developed with unions to help fuel economic development in the state.