Global Energy Group, Proman
Date: 2021-08-23
Inverness, Scotland-based Global Energy Group Ltd. (GEG) is reporting an agreement with Swiss methanol producer Proman to develop a commercial-scale renewable-power-to-methanol plant utilizing locally sourced captured CO2 to be located at the GEG-owned Nigg Oil Terminal in Scotland. Subject to ongoing technical feasibility studies, financing and development, Proman will become the owner, operator and off taker of the “Cromarty Clean Fuels Project“ green methanol production facility.

Green methanol is a renewable, liquid used as a transportation fuel or chemical industry feedstock produced from recycled carbon dioxide and hydrogen produced from renewable electricity using proven technologies such as electrolysis. As a transportation fuel, green methanol drastically cuts greenhouse gas emissions by eliminating sulphur oxide and particulate matter, and significantly reducing nitrogen oxide and carbon dioxide emissions. (Source: Global Energy Group Ltd., Chem. Eng., 18 Aug., 2021) Contact: Global Energy Group Ltd., Tim Cornelius, CEO, www.gegroup.com; Proman, David Cassidy, CEO, +41 43 888 29 99 , Switzerland@proman.org, www.proman.org

More Low-Carbon Energy News Global Energy Group news,  Proman news,  Methanol news,  Green Methanol news,  Alternative Fuel news,  

Recurrent Energy,Canadian Solar
Date: 2021-06-23
Guelph, Ontario-based Recurrent Energy, LLC, a utility-scale solar and storage project developer and wholly-owned subsidiary of Canadian Solar Inc.(CSI), reports it has expanded its U.S. energy storage footprint with several battery energy storage systems (BESS) contracted to be built in California in 2021 and 2022. These projects span retrofits as-a-service, solar plus storage PPAs, and stand-alone storage tolling agreements.

With a pipeline of around 11 GWh of battery storage projects across the U.S., of which 2.3 GWh are in late-stage development, Recurrent Energy has been actively developing both PV solar plus energy storage and standalone storage projects since 2014. In collaboration with Recurrent Energy's project development team, Canadian Solar's majority-owned CSI solar subsidiary delivers competitive, highly bankable and fully-integrated battery storage solutions to support the recent acceleration in demand. Canadian Solar's global project development business -- Global Energy Group -- continues to expand and focus on energy storage, with a combined total pipeline of more than 5,328 MW / 16,875 MWh, according to the release. (Source: Recurrent Energy, PR, 22 June, 2021) Contact: Canadian Solar Inc. , Isabel Zhang, Investor Relations, investor@canadiansolar.com, www.canadiansolar.com; Recurrent Energy, www.recurrentenergy.com

More Low-Carbon Energy News Recurrent Energy,  Canadian Solar,  Energy Storage,  Solar+Storage,  Solar,