Connect with us

Business Wire

EDF Renewables North America Signs Power Purchase Agreement with NV Energy

Business Wire

Published

on

Reading Time: 3 minutes

New Solar + Storage Project in Nevada will provide grid stability with utility-scale storage

SAN DIEGO–(BUSINESS WIRE)–EDF Renewables North America today announced the signing of a Power Purchase Agreement (PPA) with NV Energy for the Arrow Canyon Solar Project. The 200 megawatt (MWac) with 75 MW-5hr battery storage project, located in Clark County, Nevada, is expected to begin delivery of clean electricity in December 2022.

This transaction demonstrates EDF Renewables’ ability to create customer-centric solutions and address the specific challenges of solar energy production and user demand. By coupling the solar facility with an energy storage solution, electricity produced during peak solar hours can be dispatched later in the day, thereby creating a balance between electricity generation and demand. Energy storage can further smooth electricity prices, manage evening energy ramps, mitigate curtailment and provide grid stability.

Located on the Moapa Band of Paiute Indians Reservation, 20 miles northeast of Las Vegas, Arrow Canyon Solar Project will benefit the Moapa Tribe and local community over its operating life through land lease, tax and other payments and 250-600 temporary construction related jobs.

Arrow Canyon is also specially designed to generate clean energy while minimizing impacts to wildlife, habitat, and other environmental resources of the Moapa tribal lands. The project will utilize high efficiency bifacial solar photovoltaic (PV) modules in conjunction with a tier 1 energy storage system supplier.

“EDF Renewables is pleased to work with NV Energy under this innovative structure whereby the battery and solar system work together to provide NV Energy with a robust energy guaranty during the summer evening peak hours, when system needs are the greatest,” said Cliff Graham, Senior Vice President, U.S. Development at EDF Renewables North America. “NV Energy can utilize the battery at their discretion in all other months of the year, allowing mitigation of demand spikes.”

In addition to its economic benefits for the Tribe and Clark County, the project will utilize an innovative design to generate enough clean energy to meet the consumption of up to 64,000 average Nevada homes.1 This is equivalent to avoiding more than 464,000 metric tons of CO₂ emissions annually2 which represents the greenhouse gas emissions from 98,000 passenger vehicles driven over the course of one year.

“NV Energy is excited to work with EDF Renewables to bring more low cost clean energy and battery storage to the state of Nevada and our customers,” said Doug Cannon, NV Energy President and CEO. “We appreciate the partnership of EDF Renewables and the Moapa Band of Paiutes in helping us advance our long-term goal of serving our customers with 100 percent renewable energy.”

EDF Renewables’ Asset Optimization group will perform operations and maintenance services for the life of the Project. The group will provide NERC compliance support, remote monitoring, and balance-of-plant management to maximize power production.

1 According to U.S. Energy Information Administration (EIA) 2017 Residential Electricity Sales and U.S. Census Data.

2 According to U.S. EPA Greenhouse Gas Equivalencies calculations.

About EDF Renewables North America:

EDF Renewables North America is a market leading independent power producer and service provider with over 30 years of expertise in renewable energy. The Company delivers grid-scale power: wind (onshore and offshore), solar photovoltaic, and storage projects; distributed solutions: solar, solar+storage, EV charging and energy management; and asset optimization: technical, operational, and commercial skills to maximize performance of generating projects. EDF Renewables’ North American portfolio consists of 16 GW of developed projects and 10 GW under service contracts. EDF Renewables North America is a subsidiary of EDF Renewables, the dedicated renewable energy affiliate of the EDF Group. For more information visit: www.edf-re.com.

Contacts

Sandi Briner

+1 858-521-3525

MediaRelations@edf-re.com

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.

Business Wire

SCI Welcomes Industry Veteran to Advisory Board

Business Wire

Published

on

Reading Time: 2 minutes

QUEENSBURY, N.Y.–(BUSINESS WIRE)–Subcontracting Concepts, LLC is very pleased to announce and welcome Chris MacKrell as a new member to the SCI Advisory Board. SCI’s newly formed Advisory Board has been created to provide strategic guidance and technical advice — ensuring SCI remains the leading third-party administrator as the last-mile supply chain is shaped by new forces.

Chris brings a wealth of knowledge in last-mile logistics to SCI. He will be instrumental in continuing SCI’s market-leading position as the preeminent third-party administrator for logistics brokers and owner operators in the last mile marketplace.

Chris is the co-founder of Custom Courier Solutions and served in various national sales and Senior Operations roles as the Manager of Business Development at CD&L and Regional Vice President – East Sales and Operations at AirNet, a $150M Air freight carrier.

Like SCI, Chris believes strongly in advocating for this industry. In 2013, he testified before a Senate Subcommittee on Employment and Workforce Safety on the key role Owner Operators play in the US economy. He served as the President of the CLDA – Customized Logistics and Delivery Association, formerly the MCAA, and the NYSMCA – New York State Messenger and Courier Association. Prior to his term as President, Chris served as a Chairman of both the CLDA & NYSMCA Government Affairs committee. The NYSMCA is the key trade association advocating for the industry in New York State. He is a recipient of the industry’s Distinguished Service award in 2009 and an inductee into the CLDA Hall of Fame in 2016. The CLDA is the nation’s largest logistics industry trade association. Chris has a B.S. degree in Business from SUNY Brockport. He currently resides in Saratoga Springs, New York.

I am thrilled to be part of the SCI team. I have had nothing but great experiences working with SCI as both a client and member of CLDA and I am looking forward to contributing my industry expertise to SCI’s already market-leading technical innovation.”

Peter Fidopiastis, President and General Counsel, states, “We are very excited to welcome Chris to our advisory board at SCI. His track record in this industry is unparalleled, and his vast experience is something of great value to SCI and the future of our business. Mr. Fidopiastis added: “Chris brings a unique perspective in the industry that SCI has never had before.”

About SCI

Subcontracting Concepts, LLC (SCI) is the premier Third-Party Administrator (3PA) servicing the logistics industry. SCI provides its customers with competitive insurance programs, settlement Processing, and personalized customer Service for logistics brokers. Building software and services that can keep up with the demand of the logistics industry has always been our focus. Furthermore, everyone at SCI is dedicated to knowing more about our customers’ needs and adapting to meet them. The SCI team is continually collaborating on new and exciting ways to streamline owner operator enrollment, document management, and verification. SCI combines technology, personal customer service, and years of knowledge and experience to create a one stop shop to ease the burden of owner operator management. For more information visit www.sciadmin.com

Contacts

Brent Pickerd

(800) 821-5344

brent@sciadmin.com

Continue Reading

Business Wire

Optiv Security Brings Cybersecurity Innovation to Dallas-Fort Worth

Business Wire

Published

on

Reading Time: 3 minutes

Doubles North Texas Footprint

Accelerates Ability to Help Clients Optimize, Integrate, Innovate and Operationalize Cybersecurity

DALLAS–(BUSINESS WIRE)–#DallasOptiv Security, a security solutions integrator delivering end-to-end cybersecurity solutions across the globe, today announced the opening of its new Dallas Innovation and Fusion Center, a state-of-the-art, more than 14,000-square-foot facility located in the HALL Park complex in Frisco, Texas. The Center brings together a diverse team of cybersecurity experts – cyber digital and risk professionals, threat and innovation experts and others – working together with clients and industry partners to develop integrated, tailored and proactive cybersecurity solutions that address the speed of business change. Optiv’s investment in its new Innovation and Fusion Center doubles the company’s footprint in North Texas, and underscores Optiv’s commitment to helping global clients achieve success by optimizing, integrating, and operationalizing cybersecurity.

“The world continues to change and evolve at an accelerating pace, but the industry’s approach to cybersecurity has largely remained the same – a reactive approach where businesses respond to new external influences or requirements from the outside-in,” said Dan Burns, Optiv’s chief executive officer. “Our Dallas Innovation and Fusion Center accelerates our ability to provide businesses with a new approach that acknowledges and leverages the invention delivered by technology vendors, and then integrates and innovates how technology works together. Further enhanced with the innovation Optiv is developing, we are transforming the cybersecurity delivery and consumption model. This allows Optiv to reduce complexity and remove the symptoms that are roadblocks to business innovation. We are pleased to expand our capabilities in North Texas to better serve our clients and are looking forward to continuing our strategic investment in the region.”

Optiv’s new location features a state-of-the-art Advanced Fusion Center (AFC), an upgrade of the outdated security operations center (SOC) model. The AFC uses data analytics, machine learning, robotics, intelligence and automation capabilities – backed by skilled global cybersecurity experts. The AFC provides the foundation to deliver completely customizable solutions for each client based on the specific organization’s risk tolerance, business model, compliance requirements, and current technology investments.

“Optiv’s focus for the Center will be used to test, evaluate, and deliver new global cybersecurity solutions like our new Cyber-as-a-Service (CaaS™) offerings, it will also provide a global delivery center to grow cybersecurity talent and to provide integrated and innovative design services through workshops where Optiv global services experts work hand-in-hand with clients to design and build real-time custom solutions that address specific business problems and concerns,” said Chad Holmes, Optiv’s chief services and operations officer.

Holmes continued, “Optiv has also incorporated many of these innovations into our new Advanced Fusion Center and will continue to evolve our capabilities across all centers around the world. We are excited to empower locally based organizations and global clients with the ability to leverage the latest technology advances, giving them new choices relating to how they would like to consume cybersecurity services, and greater flexibility to manage their appropriate level of risk.”

Please visit our Website for more information about our cybersecurity solutions and capabilities.

Follow Optiv

Twitter: www.twitter.com/optiv

LinkedIn: www.linkedin.com/company/optiv-inc

Facebook: www.facebook.com/optivinc

YouTube: https://www.youtube.com/c/OptivInc

Blog: https://www.optiv.com/explore-optiv-insights/blog

Optiv Security: Who Secures Your Insecurity?™

Optiv is a security solutions integrator – a global, “one-stop” trusted partner with a singular focus on cybersecurity. Our end-to-end cybersecurity capabilities span risk management and transformation, cyber digital transformation, threat management, cyber operations, identity and data management, and integration and innovation, helping organizations realize stronger, simpler and more cost-efficient cybersecurity programs that support business requirements and outcomes. At Optiv, we are modernizing cybersecurity to enable clients to innovate their consumption models, integrate infrastructure and technology to maximize value, achieve measurable outcomes, and realize complete solutions and business alignment. For more information about Optiv, please visit us at www.optiv.com.

Contacts

Brett Ater

(913) 304-7683

Brett.ater@optiv.com

or

Jason Cook

(816) 701-3374

Jason.cook@optiv.com

Continue Reading

Business Wire

PPG Directors Approve 6 Percent Dividend Increase to 51 Cents Per Share

Business Wire

Published

on

Reading Time: 1 minute

PITTSBURGH–(BUSINESS WIRE)–The board of directors of PPG (NYSE:PPG) today approved a 3-cents-per-share increase in the company’s dividend, declaring a regular quarterly dividend of 51 cents per share, payable Sept. 12 to shareholders of record Aug. 12.

PPG’s prior quarterly dividend was 48 cents per share.

This marks the company’s 484th consecutive dividend payment. Through ongoing dedication and expertise of its workforce, the company has raised its annual dividend payout for 47 consecutive years and paid uninterrupted annual dividends since 1899.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $15.4 billion in 2018. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

Contacts

PPG Media Contact:

Mark Silvey

Corporate Communications

+1-412-434-3046

silvey@ppg.com

PPG Investor Contact:

John Bruno

Investor Relations

+1-412-434-3466

jbruno@ppg.com

investor.ppg.com

Continue Reading

Font Resizer

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Read more from our authors

Follow our Tweets

Trending

Please turn AdBlock off