Batteries

GridBeyond Closes €52M Series C Funding Round to Continue Its Platform Evolution and Invest in New & Existing Markets

Retrieved on: 
Tuesday, April 16, 2024

GridBeyond, the leading intelligent energy and smart grid platform provider for distributed energy resource management, has closed its €52M Series C financing round.

Key Points: 
  • GridBeyond, the leading intelligent energy and smart grid platform provider for distributed energy resource management, has closed its €52M Series C financing round.
  • View the full release here: https://www.businesswire.com/news/home/20240415760197/en/
    GridBeyond closes €52M Series C funding round to continue its platform evolution and invest in new & existing markets.
  • (Graphic: Business Wire)
    The Series C round also included new investors Energy Impact Partners , Mirova , ABB , Constellation and Yokogawa Electric Corporation as well as investment from existing investor, Act Venture Capital .
  • GridBeyond’s technology unleashes the latent power within every connected asset, including utility-scale renewables generation, battery storage, and energy demand load.

Piedmont Lithium Receives Mining Permit Approval for Carolina Lithium

Retrieved on: 
Monday, April 15, 2024

Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today announced that the North Carolina Department of Environmental Quality’s (“NCDEQ”) Division of Energy, Mineral, and Land Resources (“DEMLR”) has issued an approval of our mining permit for the construction, operation, and reclamation of the proposed Carolina Lithium project (the “Project”) in Gaston County, North Carolina.

Key Points: 
  • Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today announced that the North Carolina Department of Environmental Quality’s (“NCDEQ”) Division of Energy, Mineral, and Land Resources (“DEMLR”) has issued an approval of our mining permit for the construction, operation, and reclamation of the proposed Carolina Lithium project (the “Project”) in Gaston County, North Carolina.
  • DEMLR provided the permit approval following a thorough review of the application submitted by Piedmont on August 30, 2021.
  • “We plan to develop Carolina Lithium as one of the lowest-cost, most sustainable lithium hydroxide operations in the world, and as a critical part of the American electric vehicle supply chain.
  • Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX: SYA) and in Ghana with Atlantic Lithium (AIM: ALL; ASX: A11).

Spruce Power Holding Corporation Announces Leadership Changes

Retrieved on: 
Monday, April 15, 2024

Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today announced that Chris Hayes, Spruce’s Chairman of the Board, will succeed Christian Fong as President and Chief Executive Officer, effective April 12, 2024.

Key Points: 
  • Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today announced that Chris Hayes, Spruce’s Chairman of the Board, will succeed Christian Fong as President and Chief Executive Officer, effective April 12, 2024.
  • “The Board is confident that Chris is the right leader to take Spruce to the next stage of its evolution and develop avenues of growth.
  • Chris brings a wealth of experience to his role as CEO, including sustainable infrastructure investing, entrepreneurship, and technology.
  • Chris has a long history of creating valuable intellectual property and a successful track record in generating returns for investors.

EP Systems Unveils the EPiC 2.0, Offering Over 90 Minutes of Usable Flight Time

Retrieved on: 
Monday, April 15, 2024

Compared to today’s battery technology, it provides up to 30 additional minutes of usable flight time.

Key Points: 
  • Compared to today’s battery technology, it provides up to 30 additional minutes of usable flight time.
  • View the full release here: https://www.businesswire.com/news/home/20240415094815/en/
    Electric energy systems pioneer EP Systems launched the EPiC 2.0 today at the AERO 2024 trade show and conference in Friedrichshafen, Germany, providing 90 minutes of battery life for electric aviation applications.
  • This lightweight, high-power system offers an impressive 60 minutes of usable flight time with 30 minutes of reserve.
  • And now 2.0 advances the concept even farther, providing 90 minutes of flight time with 30 minutes of reserve.

Li-Cycle to Host Annual General and Special Meeting of Shareholders on Thursday, May 23, 2024 at 8:30 a.m. (ET)

Retrieved on: 
Friday, April 12, 2024

All interested parties are invited to attend the Meeting by using the live webcast link here: http://www.virtualshareholdermeeting.com/LICY2024 .

Key Points: 
  • All interested parties are invited to attend the Meeting by using the live webcast link here: http://www.virtualshareholdermeeting.com/LICY2024 .
  • Only registered shareholders and duly appointed proxyholders as of the record date on April 8, 2024 will be entitled to vote and ask questions at the Meeting.
  • In support of Li-Cycle’s commitment to environmental sustainability and to reduce its printing and mailing costs, the Company is using notice-and-access procedures for the delivery of Meeting materials.
  • The deadline to vote via the Internet or by phone prior to the Meeting is May 21, 2024, at 8:30 a.m. (Eastern Time).

Pattern Energy Appoints Barry E. Davis and Carla Tully to Board of Directors

Retrieved on: 
Friday, April 12, 2024

Pattern Energy Group LP (Pattern Energy), one of the world’s largest privately-owned developers and operators of renewable energy and transmission projects, today announced the appointments of Barry E. Davis as Chairman of its Board of Directors and Carla Tully as an Independent Director.

Key Points: 
  • Pattern Energy Group LP (Pattern Energy), one of the world’s largest privately-owned developers and operators of renewable energy and transmission projects, today announced the appointments of Barry E. Davis as Chairman of its Board of Directors and Carla Tully as an Independent Director.
  • View the full release here: https://www.businesswire.com/news/home/20240412244900/en/
    “It is my honor to announce the appointments of Barry and Carla to the Board and welcome them to the Pattern team,” said Hunter Armistead, CEO of Pattern Energy.
  • “The industry-leading team at Pattern has built an organization with a unique business model that is well positioned to take on the challenges of decarbonizing our grid,” said Carla Tully, Independent Board Director, Pattern Energy.
  • Barry E. Davis and Carla Tully officially began their appointment terms in March of 2024.

Silicon Ranch Unveils New Lambing Barn at Houston Solar and Celebrates Growth of Company-Owned Sheep Flock

Retrieved on: 
Friday, April 12, 2024

Silicon Ranch , one of the nation’s largest independent power producers specializing in solar energy, agrivoltaics, and carbon solutions, officially unveiled its new 26,000 square-foot lambing barn at its 68-megawatt (MWAC) Houston Solar Project in Houston County, Georgia.

Key Points: 
  • Silicon Ranch , one of the nation’s largest independent power producers specializing in solar energy, agrivoltaics, and carbon solutions, officially unveiled its new 26,000 square-foot lambing barn at its 68-megawatt (MWAC) Houston Solar Project in Houston County, Georgia.
  • View the full release here: https://www.businesswire.com/news/home/20240412051775/en/
    The Houston Lambing Barn, at Silicon Ranch's Houston Solar Project, is a first-of-its-kind facility to be built, owned, and operated by a solar company.
  • In just two years, the company’s flock of sheep has grown from less than 700 to more than 3,000 before the end of this year.
  • (Photo: Business Wire)
    The lambing barn is a first-of-its-kind facility to be built, owned, and operated by a solar company.

Allego Announces Receipt of NYSE Notice of Non-Compliance With Continued Listing Standards

Retrieved on: 
Friday, April 12, 2024

Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced that it has received written notice dated March 14, 2024 from the New York Stock Exchange (“NYSE”) indicating that the Company is not in compliance with Section 802.01C of the NYSE’s continued listing standards because the average closing price of Allego’s ordinary shares was less than US$1.00 over a consecutive 30 trading-day period.

Key Points: 
  • Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultra-fast charging network, today announced that it has received written notice dated March 14, 2024 from the New York Stock Exchange (“NYSE”) indicating that the Company is not in compliance with Section 802.01C of the NYSE’s continued listing standards because the average closing price of Allego’s ordinary shares was less than US$1.00 over a consecutive 30 trading-day period.
  • Under the NYSE’s rules, the Company has six months following receipt of the notice to regain compliance with the minimum share price requirement.
  • Allego has advised the NYSE of its intention to cure the deficiency within the applicable cure period and is considering all available options in this regard, which may include, if necessary, effecting a reverse share split, subject to board and shareholder approval.
  • The NYSE notice has no immediate effect on the listing of the Company’s ordinary shares on the NYSE, subject to the Company’s compliance with the NYSE’s other continued listing requirements, and does not affect the Company’s ongoing business operations or its reporting obligations under the rules of the U.S. Securities and Exchange Commission.

Prevalon and REPT Announce Partnering Agreement to Deploy Battery Energy Storage Systems in the Americas

Retrieved on: 
Thursday, April 11, 2024

Prevalon Energy LLC (Prevalon), a Mitsubishi Power Americas and EES joint venture, has announced a new partnering agreement with REPT BATTERO Energy Co., Ltd. (REPT) to deploy Battery Energy Storage Systems (BESS) in the Americas region.

Key Points: 
  • Prevalon Energy LLC (Prevalon), a Mitsubishi Power Americas and EES joint venture, has announced a new partnering agreement with REPT BATTERO Energy Co., Ltd. (REPT) to deploy Battery Energy Storage Systems (BESS) in the Americas region.
  • Additionally, the agreement designates Prevalon as the service provider for the REPT battery module fleet throughout the Americas.
  • View the full release here: https://www.businesswire.com/news/home/20240411945451/en/
    Prevalon and REPT will partner to deploy battery energy storage projects in the Americas using REPT’s best-in-class 320 Ah Wending LFP battery.
  • (Rendering Credit: Prevalon)
    To date, Prevalon has successfully deployed 1.5 gigawatt-hours (GWh) of battery storage systems across North and South America using REPT battery cells.

ZincFive Crowned Winner of CleanTech Breakthrough's 2024 Overall Innovation of the Year Award

Retrieved on: 
Thursday, April 11, 2024

ZincFive® , the world leader in nickel-zinc (NiZn) battery-based solutions for immediate power applications, has been selected as winner of the Overall CleanTech Innovation of the Year award by CleanTech Breakthrough.

Key Points: 
  • ZincFive® , the world leader in nickel-zinc (NiZn) battery-based solutions for immediate power applications, has been selected as winner of the Overall CleanTech Innovation of the Year award by CleanTech Breakthrough.
  • View the full release here: https://www.businesswire.com/news/home/20240411845748/en/
    ZincFive’s nickel-zinc battery technology has been consistently commended for its breakthrough innovation of immediate power solutions for the global mission-critical backup and energy storage markets.
  • CleanTech Breakthrough is part of the Tech Breakthrough organization, a leading global market intelligence and recognition platform for today’s most competitive categories of technology.
  • "We are delighted to receive this recognition, which celebrates the sustainability-driven innovation at the core of our technology," stated Tim Hysell, CEO and Co-Founder of ZincFive.