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Product roundup: Robotic cleaners, mobile EV charging, inverter company, and more

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Check out this week’s list of some of the newest announcements related to clean energy products.

Another week, another bunch of announcements! To stay up to date on what’s new, check out this latest clean energy product roundup:

Robotic cleaners

Robotic cleaning company IMAGE Ecoppia said it completed installing robots at a solar site in California operated by the AES Corporation.

Eccopia T4 robotic cleaner

The site will use the Ecoppia T4 product, which is designed for single-axis trackers. The autonomous T4 robots operate nightly, cleaning large-scale solar arrays without the use of water, human operators, or electricity; the robots are solar powered. More information is here.

Mobile EV charging

Fuel delivery company Booster said it expanded its service to include on-demand electric vehicle (EV) charging. The capability makes Booster one of the first companies to expand its platform to renewable energy. The company said it is building on its conventional energy capabilities to meet the increased demand for EVs, broadening its service to include the 500,000+ electric vehicles in California.

Booster’s mobile charging service will supplement the charging infrastructure at existing customer locations. The pilot service will be available to select customers in the San Francisco Bay Area starting this summer via the Booster app. More information is here.

SOL Components mounting system

SOL Components, a producer of designs for solar module mounting systems, announced the successful construction of its Ground Fixed Tilt mounting system in support of a 213 MW solar PV project in California.

SOL Components’ roll-formed steel components support more than 500,000 solar panels at the site, which is one of the largest ground-mounted fixed-tilt solar PV projects in the western U.S. SOL Components said it was selected because of its expertise with utility-scale solar projects, and the benefits and advantages of its end-to-end PV structural systems. SOL Components’ light gauge roll-formed steel piles and racking components reduce overall steel weight while providing optimum structural integrity, which reduced the developer’s racking costs. The site was developed on steep, undulating terrain necessitating a system with the flexibility to adapt to varying site constraints. More information is here.

Interver company

SPOC Automation, which specializes in variable speed-drive automation and inverter technologies, launched SPOC Grid Inverter Technologies. The company said it already has deployed 70,000 inverters. The new company is expected to further allow enhanced performance and provide new energy alternative configuration choices, assist in reducing carbon emissions, and give the user control of their power systems in numerous applications. More information is here.

Monitoring software

Tech company Palmetto said it has launched a new solar energy monitoring program called Palmetto Protect. The monitoring tool is available through the Palmetto App, accessible via Android and iOS, to all solar customers regardless of installer. The free monitoring plan provides information about energy production, consumption (for those customers who have a consumption meter), and savings over time, as well as on-demand system status functionality, allowing homeowners to view performance at a glance.

Three additional Palmetto Protect plans are each available for a fee. All offer professional monitoring and notification along with immediate resolution options. The Essentials Plan includes remote professional monitoring and a monthly operational report. Other plans are scheduled for launch at later dates. More information is here.

Send your product announcements to david.wagman@pv-magazine.com.

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Energy

Saga Pure: First quarter 2021 financial results

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OSLO, Norway, May 9, 2021 /PRNewswire/ — Saga Pure ASA (Saga Pure) (OSE: SAGA) reported a net profit in the first quarter 2021 of NOK 147.8 million, representing a quarterly return on equity of 16 percent, (Q1 2020: NOK -101.0 million) following a positive development for the company´s investment portfolio within renewable energy, hydrogen, circular economy and CO2 reductions.

“The first quarter was an eventful period for Saga Pure with high business development activity for our investment team focusing on renewable energy, hydrogen, circular economy and CO2 reductions. We reported a quarterly return on equity of 16 percent, announced investments in Heimdall Power, Pryme and IC Technologies, held NOK 833 million in cash, which provides a solid platform for further growth and expansion in 2021, ” says Bjørn Simonsen, Chief Executive Officer of Saga Pure.

Saga Pure reported a net profit from continued operations in the first quarter 2021 of NOK 147.8 million, up from NOK -101.0 million in the corresponding quarter in 2020, driven by the positive development in the investment portfolio, representing a return on equity of 16 percent. The company had NOK 833 million in cash at the end of the quarter.

During the first quarter, Saga Pure invested in:

  • Pryme – The company uses a modified pyrolysis process which converts waste plastics into pyrolysis oil which will be further refined downstream for production of new plastic.
  • Heimdall Power – The company offers a rapid transition to fully digitalized electric grid assets with its patented low-cost sensors and software portfolio.
  • IC Technologies – The company develops storage and distribution solutions for cryogenic gases with focus on liquid hydrogen.

“Focus on renewable energy and the transition towards a more sustainable future is gaining momentum, supported by ever-stronger policy measures from governments around the world. Alongside evaluating a number of investment opportunities Saga Pure is focused on building a team of strong and broad industrial competence in accordance with the new investment strategy. With no interest-bearing debt, and substantial cash following the disposal of the former investments and recent private placements, Saga Pure is well positioned for pursuing new possibilities for our green and sustainable investment strategy,” Simonsen concludes.

Saga Pure will host an investor presentation 10 May at 10:00 CET and the presentation can be followed live at www.saga-pure.com, or at https://channel.royalcast.com/landingpage/hegnarmedia/20210510_3/

The presentation of the financial results for the first quarter 2021 and the Board of Directors report are enclosed.

For additional information, please contact:

Bjørn Simonsen, CEO, +47 97 17 98 21

Espen Lundaas, CFO, +47 92 43 14 17

About Saga Pure ASA | www.saga-pure.com

Saga Pure ASA is an investment company focusing on opportunities within renewable energy, hydrogen, circular economy and CO2-reduction.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/saga-pure-asa/r/saga-pure–first-quarter-2021-financial-results,c3343545

The following files are available for download:

SOURCE Saga Pure ASA

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Energy

Herausragende Leistung führt zu Risen Energy mit 3 Industry Awards

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Risen Energy Co., Ltd, einer der Branchenführer, wurde zu dem Seminar eingeladen, bei dem das Unternehmen drei Auszeichnungen erhielt. Einer von ihnen, der Outstanding CTO Award, ging an Liu Yafeng, Senior Director of R&D bei Risen Energy. Das Forschungs- und Entwicklungsteam von Liu Yafeng und Risen Energy war entschlossen, den Branchentrends einen Schritt voraus zu sein und nahm an der 210-mm-Kategorie für großformatige Siliziumwafer und Heterojunction-Wettbewerbe teil. Trotz mehrerer technischer Herausforderungen entwickelte das Team sowohl die Titan-Serie als auch die hocheffizienten Heterojunction-Module, die den Eintritt der Branche in die 5.0- und 6.0-Ära führten. Mit Blick auf die Zukunft wird erwartet, dass die Kombination der Titan-Serie und der Heterojunction die Branche dazu bringen wird, ihre 7.0-Ära einzuleiten.

Die Flaggschiff-Module der Titan-Serie von Risen Energy, die auf 210-mm-Wafern basieren, reduzieren die BOS-Kosten weiter und erhöhen die Leistung mit modernster MBB-Technologie um etwa 2-3%. Mit der zerstörungsfreien Niedertemperatur-Schneidtechnologie reduzieren die Module effektiv das Risiko versteckter Risse und behalten gleichzeitig eine höhere Stabilität bei und erfüllen die Anforderungen von Multiszenario-Anwendungen. Ausgezeichnete Leistung und überlegene Qualität haben die Titan-Serie Module ermöglicht, einen guten Ruf bei den Kunden zu gewinnen sowie Marktanerkennung zu erhalten, sobald sie ins Leben gerufen wurden. Aus dem gleichen Grund erhielt die Serie den Golden Module Award 2021. Darüber hinaus gewann Risen Energy den Technology Innovation Enterprise Award für seine Vorteile bei der Anwendung von Modultechnologie und der Verbesserung von Produkten.

Foto – https://mma.prnewswire.com/media/1497136/image.jpg

Related Links

www.risenenergy.com

SOURCE Risen Energy Co., Ltd

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Energy

Growatt wins TÜV Rheinland’s All Quality Matters Award for its ARK battery

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In TÜV Rheinland’s test program, ARK battery is given All Quality Matters Award for achieving first-rate performance in various safety and reliability tests including charge/discharge cycling performance test, initial charge/discharge energy measurement, battery high rated charge/discharge performance test and high/low temperature charge/discharge performance test.

Growatt is one of the few manufacturers in the industry that develops its own storage batteries and hybrid inverters and provides entire solar energy storage solutions. The company’s R&D team also develops its own Battery Management System (BMS) and hybrid inverter to provide multi-level protections for solar energy storage systems.

Growatt’s ARK battery uses cobalt-free Lithium-iron-phosphate (LFP) materials for improved safety. The company adopts modular design for ARK battery, which not only makes installation easy but provides substantial flexibility of storage capacity for customers.

To deliver excellent customer experience, Growatt provides one-stop service and technical support for its solar PV and battery storage solution. “In addition to that, we are able to improve service efficiency by using our monitoring solutions for software upgrade, remote troubleshooting and more, and reduce operation and maintenance (O&M) expenses for installers,” Zhang concluded.

About Growatt
Growatt is a global leader of smart energy solutions and provides residential, commercial and large scale PV inverters, energy storage, microgrid systems and smart energy management solutions. Growatt ranks among global top 10 PV inverter suppliers according to IHS Markit and Wood Mackenzie. Founded in 2010, Growatt has established an extensive network with 20 branches worldwide. By the end of 2020, Growatt had shipped over 2.6 million inverters to more than 100 countries around the world.

Contact: Whiskey Lu, [email protected]

SOURCE Growatt

Related Links

www.growatt.com

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Energy

PNM and AVANGRID Formally File New Mexico Stipulation with Additional Parties

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ALBUQUERQUE, N.M., May 7, 2021 /PRNewswire/ — PNM Resources, Inc. (NYSE: PNM) wholly-owned New Mexico subsidiary, Public Service Company of New Mexico (PNM), and AVANGRID filed a revised stipulation with additional parties in its merger application before the New Mexico Public Regulation Commission (NMPRC) today.

Parties to the filed stipulation include: Attorney General of the State of New Mexico, Western Resource Advocates, the International Brotherhood of Electrical Workers Local 611, Dine Citizens Against Ruining Our Environment, Nava Education Project, San Juan Citizens Alliance, To Nizhoni Ani, the Coalition for Clean Affordable Energy, Interwest Energy Alliance, Walmart, Inc., and Onward Energy Holdings, LLC.

The addition of several parties to the stipulation demonstrates a growing consensus around the benefits of the merger to customers, employees and communities across New Mexico.

If approved by the NMPRC, the agreement among the parties will bring over $270 million in benefits to New Mexico. The hearing examiner for the case has scheduled a procedural conference for parties on May 11.

Additional materials pertaining to the stipulation and PNM’s application for approval of the merger with the NMPRC are available at https://www.pnmresources.com/investors/rates-and-filings.aspx.

Background:
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 2.8 gigawatts of capacity, with a goal to achieve 100% emissions-free energy by 2040. For more information, visit the company’s website at www.PNMResources.com.

     

CONTACTS:


     Analysts

Media

     Lisa Goodman

Ray Sandoval

     (505) 241-2160                                

(505) 241-2782

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements made in this news release for PNM Resources, Inc. (“PNMR”), Public Service Company of New Mexico (“PNM”), or Texas-New Mexico Power Company (“TNMP”) (collectively, the “Company”) that relate to future events or expectations, projections, estimates, intentions, goals, targets, and strategies are made pursuant to the Private Securities Litigation Reform Act of 1995. Readers are cautioned that all forward-looking statements are based upon current expectations and estimates. PNMR, PNM, and TNMP assume no obligation to update this information. Because actual results may differ materially from those expressed or implied by these forward-looking statements, PNMR, PNM, and TNMP caution readers not to place undue reliance on these statements. PNMR’s, PNM’s, and TNMP’s business, financial condition, cash flow, and operating results are influenced by many factors, which are often beyond their control, that can cause actual results to differ from those expressed or implied by the forward-looking statements. Additionally, there are risks and uncertainties in connection with the proposed acquisition of us by AVANGRID which may adversely affect our business, future opportunities, employees and common stock, including without limitation, (i) the expected timing and likelihood of completion of the pending Merger, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the pending Merger that could reduce anticipated benefits or cause the parties to abandon the transaction, (ii) the failure by AVANGRID to obtain the necessary financing arrangement set forth in commitment letter received in connection with the Merger, (iii) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement, (iv) the risk that the parties may not be able to satisfy the conditions to the proposed Merger in a timely manner or at all, and (v) the risk that the proposed transaction could have an adverse effect on the ability of PNMR to retain and hire key personnel and maintain relationships with its customers and suppliers, and on its operating results and businesses generally. For a discussion of risk factors and other important factors affecting forward-looking statements, please see the Company’s Form 10-K, Form 10-Q filings and the information included in the Company’s Forms 8-K with the Securities and Exchange Commission, which factors are specifically incorporated by reference herein.          

SOURCE PNM Resources, Inc.

Related Links

http://www.pnmresources.com

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