Largest U.S. co-op taps Aggreko for Texas storage project

first_imgLargest U.S. co-op taps Aggreko for Texas storage project FacebookTwitterLinkedInEmailPrint分享Energy Storage News:A large-scale battery storage system will be built in Texas for the U.S.’s biggest electric utility cooperative, to time-shift solar-generated loads and provide grid services to transmission operator ERCOT.Mobile energy solutions provider Aggreko, which recently took over German-U.S. energy storage pioneers Younicos and incorporated it as a division of the parent company, announced to Energy-Storage.news yesterday that it has signed an agreement for a 2.25MW / 4.5MWh battery storage project with Pedernales Electric Cooperative (PEC).According to Karim Wazni, managing director of Aggreko Microgrid and Storage Solutions (essentially formerly Younicos), the cooperative picked his company out for the project due to its existing track record of “active and successful participation in the ERCOT market.” Aggreko has already executed five battery projects in Texas, including the ongoing updates and upgrades of the large-scale battery system at Notrees Wind Farm.The project is notable for two reasons: firstly, that in addition to providing power services to ERCOT markets, the battery storage system, which should be capable of storing and discharging 2.25MW of power for two hours, will also provide energy capacity to the local network. As a general trend, customers for large-scale energy storage systems are now seeking this longer duration energy storage as well as the ability to use batteries for high powered, short duration applications, Saft’s Michael Lippert pointed out in a recent interview.The second notable aspect for Aggreko Microgrid and Storage Solutions is that unlike other recent projects, and the projects it is currently working on going forwards, this project for PEC is an asset sale, as opposed to the mobile power ‘as-a-service’ or energy storage ‘as-a-service’ business model the company is rapidly becoming known for. “In this case, the storage project is an asset sale, which is what the cooperative was looking for, not an as-a-service offer,” an Aggreko spokesperson told Energy-Storage.news yesterday.Going forwards, Aggreko is expected to unveil a large project in New York State soon which will provide National Grid with solutions to defer spending large sums expanding transmission and distribution (T&D) infrastructure in the next few days. “We will be inaugurating a plant in New York State in two weeks, it’s a National Grid project where we’re providing 2MW of power for two hours, and that will be able to deliver peak shaving services to a substation,” Wazni said, adding that even these sorts of larger infrastructure projects could be done ‘as-a-service’.More: Power and capacity will be provided by Aggreko’s 4.5MWh Texas ‘legacy’ projectlast_img read more

Congress returns this week: Flood insurance, government funding on agenda

first_img 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » Congress is back in full swing this week, and NAFCU Vice President of Legislative Affairs Brad Thaler details lawmakers’ to-do list in a new NAFCU Today video, including the need to address fiscal 2018 government funding, reauthorize the National Flood Insurance Program (NFIP) and raise the debt ceiling, all by month’s end.Thaler also mentions possible action soon by the Senate on a House-passed Congressional Review Act resolution to withdraw the CFPB’s recent arbitration rulemaking. In the coming weeks and months, Thaler says, Congress and the administration will also continue work on tax reform, regulatory relief, housing finance reform and data security.“All these issues and more will be addressed during next week’s Congressional Caucus,” says Thaler.Congress this week will also be holding hearings addressing economic growth and the financial regulatory regime. Hearings include:last_img read more

Aspire Global reaches partnership with Portuguese media group Cofina

first_imgShare Share EGBA responsible advertising code gains European broadcaster approval July 3, 2020 Altenar: Supporting expansion plans in Denmark and Portugal August 20, 2020 Related Articles Submit StumbleUpon Evolution Gaming tables ‘game changing’ €1.8bn buyout of NetEnt  June 24, 2020 Aspire Global has announced an agreement with Cofina, one of Portugal’s largest media organisations, entering the newly regulated market in the process.Utilising Aspire’s range of services, including payments, risk and fraud management, advanced analysis tools, CRM, support and VIP, they will be powering Cofina’s Nossa Aposta brand, which offers casino games, slots, and sports betting. Tsachi Maimon, the CEO of Aspire Global, commented: “I am happy to announce that in line with the company’s long term strategy and growth initiatives, focusing on Regulated markets, we are entering a new chapter in Aspire Global’s continuous success story, while we couldn’t have chosen a better partner than Cofina. “Teams on both ends have worked hand in hand diligently, demonstrating professionalism & cooperation levels second to none. I am confident this partnership will be a significant milestone for both companies. “Media companies in regulated markets possess a unique opportunity for generating new income streams leveraging their established brands.”Fernando Paes Afonso, CEO of Nossa Aposta, said: “We are very pleased to start operating in the Portuguese online market, offering our players a fun set of games created by excellent and well known providers like Aspire Global, NetEnt and NYX, in a very fruitful partnership with Aspire Global. “This is an important step of a journey that has just started, with a common vision based on trust, integrity and added value to the players, that are on the centre of our activity. We’ll continue to invest together on a unique and distinctive offer, made possible by bringing together the media knowledge of Cofina and the wide experience of Aspire Global in the online gambling activity.“Above all, players can be confident that both teams will do their best to provide them a great playing experience.”last_img read more