THE DAILY ROUNDUP – Friday

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Hi! Here is your daily dose of articles related to renewable energy, sustainability, and technology. Stay safe!


Speeding the Transition to Renewable Power

Businesses remain committed to climate and clean energy efforts and are expected to continue the transition to renewable energy resources, despite short-term impacts from the COVID-19 crisis and current recession—a trend that has accelerated over the past decade, according to several reports. In its Mid-Year 2020 Renewable Energy Industry…


Progress, Pandemic, and The Future by Topp Jirayut, Bitkub Exchange

2019 marks a significant year in Bitkub’s history. It was the year that we became profitable as a company. It was the year that we became the largest cryptocurrency exchange in the country. It was the year that we received The Organization and Executive of the Year Award. It was the year that we established many long-term partnerships…

Leading with integrity, we are a strong believer that the interests of our shareholders and employees are significantly correlated to how well we treat our customers. If we do our jobs right, today’s customers will be frequent users of our products and will invite more customers in the process. This practice will generate more cash flow and long-term value for the shareholders and employees. You cannot do one without the other.

Topp Jirayut, Co-founder & CEO of Bitkub

Hollow mountain hydroelectric power station aims to make British grid greener

A hollow mountain pumped-storage hydroelectric power plant in Scotland has started making the British grid greener by providing support services. That is the outcome of a new partnership, which has been established between Drax Group and the National Grid Electricity System Operator (ESO) and is expected to save consumers up to £128 million…


Why Mexico Is Pushing to Slow Down Clean Energy

When a fight erupts between a populist head of state and the business community over renewable energy, you might expect the leader to take the green side of the debate. Not in Mexico, where President Andres Manuel Lopez Obrador has recently taken steps that would block some existing wind and solar power projects and make it harder for new ones to…


Construction begins on 20 MW I&M solar farm

Indiana Michigan Power (I&M) began work this week on a 20 MW solar farm in Indiana’s St. Joseph County, making it the largest solar generating facility soon to join the company’s fleet. Using approximately 57,000 solar panels, the facility will have the capacity to power 2,700 homes annually in the Michigan-Indiana area. The University of…

I&M is dedicated to transforming our generation fleet for our customers and the communities we serve. This facility will provide boundless clean energy options for the area and educational opportunities for future generations.

I&M President and COO Toby Thomas

IREC, SEIA, ESA, EPRI team up to speed distributed storage interconnection

Major industry players are backing a three-year project to simplify and speed the interconnection of storage on the distribution grid. Led by the Interstate Renewable Energy Council (IREC), the project team includes the Solar Energy Industries Association, the Energy Storage Association, and the Electric Power Research Institute…


Hitachi ABB Power Grids launches EV charging system for large-scale e-mobility: Grid-eMotion Fleet

Hitachi ABB Power Grids has launched Grid-eMotion Fleet, a scalable, modular and fully customizable solution for large-scale EV charging of smart public and commercial transport. The smart mobility solution enables operators efficiently to scale-up their operations. The global technology leader has been pioneering EV charging solutions since 2013, where it…


Why transmission and distribution are the clean energy transition’s secret weapons

As the world makes a push towards the Great Reset, there is considerable talk about powering our future with renewable energy (RE). However, the allure of harnessing the wind and sun as sources of sustainable source of energy is not new. In 1931, Thomas Edison told his friend, Henry Ford, “I’d put my money on the sun and solar energy…


Yingli announces public recruitment of investors and consolidation of six entities’ restructuring

Yingli Green Energy Holding Company Limited (OTC Pink: YGEHY) (“Yingli Green Energy” or “the Company”), was informed that Baoding Municipal Intermediate People’s Court in Hebei Province, China, has ruled that the restructuring of Yingli Energy (China) Co., Ltd. (“Yingli China”), Baoding Tianwei Yingli New Energy Resources Co…

It is expected that with the completion of its debt restructuring, Yingli’s assets and cash position will be significantly improved.


The Asset webinar: Renewables generate strong interest as Asia’s hottest asset class

In a webinar hosted by The Asset Events+ on July 15, renewable energy projects, such as those involving solar and wind, continue to perform, and although projects under construction slowed down due to lockdowns their progress should remain on track. Eduardo Francisco, president of BDO Capital, notes the quarantine imposed to stem the…

For projects that have been under development and financial closing was imminent, they continued to progress. The appetite for renewables amid Covid-19 has not changed; it was as strong as ever.

David Uy, managing director and head of power, energy and infrastructure in the Asian investment banking division at MUFG Bank

KULR Commercializes Battery Safety Technology for Volta Energy Products

KULR Technology Group, Inc. (OTCQB: KULR) (“KULR”), a leading developer of thermal management technologies for batteries and electronics announced today that they have reached an agreement with Volta Energy Products, Inc. (“Volta”), a Buffalo, New York-based company and a wholly-owned subsidiary of Viridi Parente, Inc. that manufactures…

In order to truly impact climate change through renewable energy solutions, energy storage will continue to grow as a means to enhance demand profiles at the point of use; enhancing performance and safety is paramount to ensuring that storage gains its rightful place in maintaining an efficient electric system. The coordination between KULR and Volta is a substantial step toward achieving these goals.

Dennis Elsenbeck, President of Viridi Parente

Bangladesh-Based SOLshare Raises $1.1 Million for Solar Microgrids

IIX Impact Partners, a debt and equity crowdfunding platform, announced that it has helped Bangladesh-based clean energy firm SOLshare close a $1.1 million (~₹81.9 million) financing round that will help fund smart solar microgrids to off-grid, underserved communities in the country. IIX’s press statement said that the investors who…

The SOLshare team had been working on a financing round for many months, and COVID-19 was an additional unexpected challenge. Thanks to the tremendous support of existing investors, support partners, and mentors, the company was able to move forward.

Sebastian Groh, Managing Director of SOLshare

Universal energy access just got harder

This year marks a uniquely critical juncture on the road to universal access to affordable, reliable, sustainable, and modern energy. The massive disruption caused by Covid-19 complicates the outlook to 2030, which is the target date for reaching UN Sustainable Development Goal (SDG) 7, writes Rohit Khanna, manager of the World Bank’s Energy Sector…


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