Prudential Energy’s Post

GM secures largest renewable energy deal to power three U.S. assembly plants 🌱⚡ TL;DR: General Motors (GM) has finalized a landmark 15-year renewable energy deal with NorthStar Clean Energy to power three U.S. assembly plants, enhancing its commitment to achieving carbon neutrality by 2040 and relying solely on renewable energy by 2025. Highlights • Largest renewable energy deal in GM's history, powering plants in Michigan and Missouri • Energy sourced from the Newport Solar project in Arkansas with 180 MW capacity • Supports GM’s sustainability goals and impacts the electricity supply for approximately 30,000 homes annually • GM strengthens its position as the automotive industry's top renewable energy buyer with 17 projects across 11 states #RenewableEnergy #Sustainability #GeneralMotors #CleanEnergy #GreenManufacturing #ClimateAction Article Source https://lnkd.in/g8HQXUqv

Sharing GM's Latest Milestone in Renewable Energy! General Motors' latest step in their journey towards a sustainable future has entered into its largest-ever renewable energy purchase agreement with NorthStar Clean Energy. This 15-year deal will supply 3 assembly plants with renewable energy from NorthStar’s Newport Solar project in Arkansas, adding 180 megawatts directly to the grid. This milestone is a critical part of GM's broader goal to achieve carbon neutrality by 2040. With agreements now in place from 17 renewable energy plants across 11 states, GM is leading the automotive industry as the Largest Buyer of renewable power by capacity. This is more than just a deal—it's a powerful move towards a cleaner, greener future. #Sustainability #RenewableEnergy #CleanEnergy #GeneralMotors #ChangingLivesDaily https://lnkd.in/gji9wAKe

@RenewableEnergyWorld with an article on DTE's estimates of infrastructure needs to service just a part of southeast MI's EV charging needs. Multiply this across every utility and state, and we start to get the picture of the (deferred) grid upgrades needed to support electrification including EV charging. "DTE: Nearly $2B in EV charging infrastructure needed by 2028 to service Southeast Michigan Hundreds of thousands of new electric vehicle (EV) chargers will need to be built over the next several years to service Southeast Michigan, DTE Energy (DTEE) said in its latest Transportation Electrification Plan (TEP), but the utility won’t front the whole cost of the estimated nearly $2 billion investment it says is required to meet its service area’s EV charging needs by 2028." Read more at https://lnkd.in/ex9zd5Un #solar #energy #solarenergy #renewables #renewableenergy #electricity #energystorage #ESS #distributedenergy #solarpower #batteries #EVCharging #EV

@RenewableEnergyWorld with an article on DTE's estimates of infrastructure needs to service just a part of southeast MI's EV charging needs. Multiply this across every utility and state, and we start to get the picture of the (deferred) grid upgrades needed to support electrification including EV charging. "DTE: Nearly $2B in EV charging infrastructure needed by 2028 to service Southeast Michigan Hundreds of thousands of new electric vehicle (EV) chargers will need to be built over the next several years to service Southeast Michigan, DTE Energy (DTEE) said in its latest Transportation Electrification Plan (TEP), but the utility won’t front the whole cost of the estimated nearly $2 billion investment it says is required to meet its service area’s EV charging needs by 2028." Read more at https://lnkd.in/eqg6BFXz #solar #energy #solarenergy #renewables #renewableenergy #electricity #energystorage #ESS #distributedenergy #solarpower #batteries #EVCharging #EV

GM is making strides towards sustainability by powering its Lansing assembly plants with 100% solar energy. This shift is part of GM's larger goal to achieve 100% renewable energy at all its US sites by 2025. By embracing solar power, GM is not only reducing its carbon footprint but also setting an example for other companies to follow. Learn more about how GM's commitment to solar energy is making a positive impact on the environment and the community. ☀️🚗 #SustainableEnergy #SolarPower #GM #RenewableEnergy #PositiveImpact https://lnkd.in/eXCbVU9g #SolarPower #RenewableEnergy #GreenTech #SustainableLiving #EcoFriendlyInnovation

📣🚗Upcoming webinar: Revving up the grid: Opportunities for EV fleet owners Discover how the next decade will transform transportation with renewable energy technologies, focusing on the power of batteries. Why Attend? Long-term benefits: understand opportunities for EV fleet operators in the energy transition Optimised consumption: learn from GridBeyond’s expertise in managing energy for electric bus fleets Renewable integration: explore strategies for incorporating renewable energy into fleet operations Cost reduction: discover how EV fleets can lower ownership costs and generate revenue through grid services Michael Kent Richard Cummings Steve Swaine Register: https://ow.ly/pbNk50TiLRw #EV #netzero #AI #energytransition

Happy to share our recent work on evaluating flexibility values of electric vehicles published in Nature Communications. Flexibility has become increasingly important considering the intermittency of variable renewable energy in low-carbon energy systems. Electrified transportation exhibits great potential to provide flexibility. This article developed a cross-scale energy optimization framework to quantitatively evaluate the comparative advantages of the two pathways of transportation electrification, i.e., battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs) in terms of their flexibility values under various scenarios influenced by different technologies and energy policies. https://lnkd.in/eu8BYWR5

There’s a new opportunity for electric motor industry players! Electric motors now have a HUGE role to play in energy storage systems, particularly in batteries, that are making renewable energy integration possible. And this can be a huge opportunity for industry as well. How? Let’s see 👇 1. Electric motors are highly efficient at converting electrical energy into mechanical energy and vice versa. When renewable energy sources such as solar or wind generate electricity, it's important to store this energy efficiently for later use. 2. Renewable energy sources are often intermittent, producing energy based on weather conditions or sunlight availability. Electric motors in energy storage systems act as stabilisers, balancing the fluctuations in energy production and demand. 3. Electric motors enhance the integration of renewable energy into the grid by providing a means to store excess energy during peak production periods. This stored energy can then be utilised during peak demand times or when renewable energy generation is low.  4. Energy storage systems equipped with electric motors offer flexibility and scalability, allowing for the efficient utilisation of renewable energy resources. I think this is the new area where industry is focusing, and new players should keep an eye on this too. What are your thoughts about the electric motor’s role in the energy storage system? 🤔 #motor #motorindustry #motorman #sustainable #polltime #technology #collaboration

GKN Automotive signs virtual power purchase agreement  • GKN Automotive said it had signed a virtual power purchase agreement (VPPA) with global renewable energy developer and subsidiary of Canadian Solar Inc., Recurrent Energy.  • The 10 year agreement would cover 65% of the supplier's European electricity load and 30% of its global load as part of a commitment to using 50% renewable electricity globally by 2025 and 75% by 2030.  • The joint agreement would establish The Rey I project, a new large scale solar farm in Spain which would contribute towards the increased supply of renewable electricity to the Spanish grid.  • The project would facilitate the supply of approximately 200,000 MWh of renewable electricity to the European grid annually, reaching approximately 2m MWh over the 10-year agreement.  • GKN Automotive would receive Energy Attribute Certificates (EACs) equivalent to 65% of its European 2023 electricity usage.  • This development is a key step in the company’s SBTi-approved targets to reduce its direct Greenhouse Gas (GHG) emissions (Scope 1 and 2) by 45% by 2030 and achieve net zero across its entire value chain by 2045.  • GKN Automotive is planning further VPPAs across Europe and South America. #automotive #supplier #europe

General Motors enters into multi-year solar agreement with solar farm🌞🚗 TL;DR: General Motors has signed a 15-year renewable energy purchase agreement with NorthStar Clean Energy to power its Michigan and Missouri assembly plants with solar energy, reinforcing its ambitious goal of carbon neutrality by 2035. Highlights • 15-year agreement for a solar farm in Arkansas, supporting GM's electric needs • Aiming for 100% renewable electricity and carbon neutrality by 2040 • Economic benefits for local communities through tax revenues linked to the solar project • Ribbon-cutting ceremony scheduled for August 15, highlighting commitment to renewable energy and community collaboration #GeneralMotors #Sustainability #SolarEnergy #RenewableEnergy #CleanFuture #ClimateAction Article Source https://lnkd.in/gbveSd4v