Canadian Solar subsidiary signs major California PV-plus-storage deal

first_imgCanadian Solar subsidiary signs major California PV-plus-storage deal FacebookTwitterLinkedInEmailPrint分享Solar Industry:Recurrent Energy LLC, a subsidiary of Canadian Solar, has signed two 15-year power purchase agreements (PPAs) in California with Silicon Valley Clean Energy and Monterey Bay Community Power for a 150 MW AC solar power system with 180 MWh of battery storage. According to Canadian Solar, this joint procurement represents the largest contracted solar-plus-storage project in California to date.This partnership resulted from a joint procurement process that Silicon Valley Clean Energy and Monterey Bay Community Power launched in September 2017 to source renewable power for their respective communities.“As a community choice aggregator (CCA), we are proud to help California lead the transition to clean, reliable and flexible energy,” states Girish Balachandran, CEO of Silicon Valley Clean Energy. “We are proud to partner on a new renewable energy project that makes a significant investment to reach our state’s carbon-free energy goals and contribute to solving the state’s grid integration problem by investing in large grid-scale energy storage.”Power will be supplied from Recurrent Energy’s Slate photovoltaic-plus-storage project, to be built in Kings County, Calif. The project is scheduled to reach commercial operations in 2021, and the energy represented by the contracts is enough to power 37,500 homes, providing Silicon Valley Clean Energy with 55% of the energy and Monterey Bay with the other 45% of the combined output.The project’s lithium-ion battery component is 45 MW nameplate with 180 MWh of energy capacity, allowing for four hours of flexible energy delivery.More: Big solar-plus-storage deal signed in Californialast_img read more

131st USC Commencement stresses service

first_imgThousands of friends, family and guests of the 2014 graduating class gathered in front of Doheny Library last  Friday morning for the 131st Annual Commencement Ceremony.Trojan send-off · Keynote speaker Marc Benioff challenged the class of 2014 to give back to others and break down barriers — both literal and figurative — from the outside world. Benioff is a ‘SC alumnus and current CEO of the cloud computing website – Joseph Chen | Daily TrojanWithstanding sweltering temperatures, the crowd stretched from the steps of Doheny back to Bovard Auditorium. President C.L. Max Nikias kicked off the ceremony by noting the tentative future that lie before the graduates.“The class of 2014 are graduating into times of uncertainty … but what is uncertainty?” Nikias said. “Uncertainty is the beginning of a great adventure.”Nikias stressed that no matter where life led the students, the USC family would be by their side.“The Trojans always seize destiny,” Nikias said. “Remember: You do not go forward alone, but with the global Trojan family.”Nearly 16,000 students earned diplomas on Friday, and Nikias also conferred six honorary degrees to preeminent leaders in his or her respective field, including entrepreneur and philanthropist Marc Benioff, CEO and founder of; USC trustee and founder of Public Storage B. Wayne Hughes; television executive producer and USC alumna Shonda L. Rhimes; Nobel laureate biologist and biochemist Phillip A. Sharp; mathematician and philanthropist James A. Simons and choreographer and dancer Twlya Tharp.Much of the ceremony took on a theme of service — stressing the importance of giving back to the surrounding community and the world at large.The Class of 2014 Valedictorian Jana Shapiro used her speech to reflect on the past four years, and stressed that the graduates should provide change and support no matter where life takes them.“Let’s cultivate a Trojan culture of action and spread it wherever we go,” Shapiro said.The ceremony’s keynote address was given by entrepreneur and philanthropist Mark Benioff, best known as the CEO and founder of the cloud computing website, a USC alumnus and trustee, reflected that after graduating from the university he took a job at Oracle Corporation, but after ten years felt lost and frustrated with his life.“A decade went by and all of a sudden I felt kind of unmotivated, not energized, not very excited, not very inspired,” Benioff said.He took a trip to south India with a friend of his, and during his journey he engaged with a guru who imparted wisdom on Benioff that would dictate the rest of his life.“[She told us,] don’t forget to do something for others,” Benioff said. “I felt that I had found what I was looking for. She said that don’t forget — while we’re changing the world — don’t forget about others who are a little less well taken care of. “That piece of advice stuck with Benioff, and it was something he stressed for the class of 2014. Referencing the university’s fencing from the outside community, he closed his speech by encouraging the graduates not to isolate themselves from those in need.“We drove through some high fences and high gates [today] and we all know why — because only a few blocks from here are some of the most impoverished people in the world,” Benioff said.  “Don’t let those walls be a metaphor for your own life — get out there and do something for others.”last_img read more

Zeal Group places ‘Internationalisation strategy’ first for future growth

first_img Zeal co-founder Marc Peters backs Lotto24 takeover as ‘best business strategy’ January 15, 2019 Submit Share Related Articles bet-at-home maintains 2020 outlook despite dire opening  May 4, 2020 Frankfurt-listed European lottery operator Zeal Group has stated that it is confident in its international projects and investments having concluded a busy H1 2017 periodLast week the digital lottery operator detailed ‘solid’ H1 2017 results, with the company reporting group revenues of €64 million combined with an operating EBIT of €7.9 million.Updating investors and stakeholders, Zeal governance stated that its ‘internationalisation strategy’ remained the firm’s key initiative as Zeal looks to expand within new European markets increasing its marketing expenditure.To complement its international ambitions, Zeal carried out its recent acquisition of US social games and competitions start-up Omaze for a reported €2 million in May.Moving forward the company details that its new market entry will be aided by an expanded lottery games portfolio, having released new games “Danke Million” and “Cash4Life”, during the H1  period.Dr Helmut Becker, Chief Executive Officer of Zeal Group commented on H1 2017 performance“In the first half of the year, we made good progress and stayed fully in line with our internationalisation strategy. Later this year, we expect to receive a licence to operate in the Czech Republic. Our innovative lottery products and long-standing experience help us to make successful new market entries. At the same time, we further push the expansion of our B2C product portfolio and make strategic investments, including our stake in Omaze.”The Frankfurt-listed company remains confident of hitting its full-year 2017 revised forecasts, targeting group revenues of + €130 million combined with an EBITDA range of €15-25 million. Swiss drama sees bet-at-home ‘peak performance’ unlikely to be matched in 2019 March 4, 2019 StumbleUpon Sharelast_img read more