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Monta and Emobi Partner to Deliver Efficient and Reliable EV Charging Solutions for Fleet Managers and EV Drivers
Nov 21, 2024

Monta and Emobi Partner to Deliver Efficient and Reliable EV Charging Solutions for Fleet Managers and EV Drivers

Emobi, North America's leading EV charging digital infrastructure, announced its strategic partnership with Monta, a leading provider of EV charging software solutions for EV business actors and drivers. This partnership aims to support and accelerate Monta’s expansion into the U.S. market announced last month, by integrating Emobi’s extensive EV roaming coverage and AI-powered data refinement models. The collaboration will enhance Monta’s platform, delivering flexible, scalable and reliable EV charging solutions to all EV drivers in North America, which was first showcased at MOVE America 2024

As EV demand continues to grow in North America, EV drivers need streamlined solutions to optimize and manage their day-to-day charging needs. Through Emobi’s EV charging ecosystem, Monta’s platform will offer seamless access to over 120,000 charge points across the U.S. and Canada, making it easier for EV owners to power their vehicles and fleets on the road. The partnership also enhances Monta’s platform by improving data quality, ensuring that EV drivers and fleets benefit from accurate and reliable information on charger availability, location, tariffs, and restrictions.

“Our partnership with Emobi is an invaluable addition as we enter the U.S. market," said Casper Ramussen, co-founder and CEO of Monta. "With our U.S. launch, we’ve teamed up with Emobi to ensure Monta users can access an expanding network of charge points from charge point operators like ChargePoint, EVgo, and Shell Recharge. This partnership allows Monta’s users to find and use charge points across the U.S., furthering our goal of making EV charging as accessible as possible.”

In Europe, Monta already connects users to over 600,000 roaming charge points, facilitating more than two million monthly charging sessions. Monta has experience working with global partners like Siemens, hardware manufacturers like Rolec, and charge point operators like Uno-X or Eliso, among others.

“Our partnership with Monta is a pivotal step toward creating a more cohesive and reliable charging experience for EV drivers in the U.S.,” said Lin Sun Fa, co-founder and CEO, Emobi. “As Monta’s partner for roaming coverage in North America, we’re proud to support their mission by delivering the largest share of charging station access in the region, making EV ownership a more attractive and accessible reality for everyone in the U.S.”

This strategic partnership underscores both Monta’s and Emobi’s commitment to supporting the broader transition to sustainable mobility. With passenger vehicles accounting for 16% percent of U.S. greenhouse gas emissions, electrifying the transportation sector is critical to achieving net-zero goals. By offering EV owners a more expansive, efficient, and reliable charging infrastructure, Monta and Emobi are reducing barriers to faster EV adoption across all corners of North America. 

Emobi | www.emobi.ai

Monta | https://monta.com/en-us

 

Vesper Energy Names Krish Koomar as New CFO
Nov 21, 2024

Vesper Energy Names Krish Koomar as New CFO

Vesper Energy is pleased to announce the appointment of Krish Koomar as its new Chief Financial Officer (CFO), effective January 2025. A seasoned leader in the energy sector, Koomar brings over 20 years of experience in renewable energy, conventional power, and the banking sector.

Koomar most recently served as Senior Vice President and CFO at esVolta LP. His prior roles include Vice President and Assistant Treasurer at NRG Energy Inc. and Managing Director of Finance at Edison Mission Energy, among other leadership positions.

"I am honored to join Vesper Energy during this exciting time," said Koomar. "I look forward to working with the talented team at Vesper Energy to advance the company's financial strategy as we continue to grow our footprint throughout the industry and beyond."

Koomar succeeds Robert Scheuermann, who has decided to pursue other opportunities. Scheuermann's leadership over the past four years was instrumental in Vesper Energy's growth.

"We extend our gratitude to Robert for his pivotal contributions in building our capital markets, FP&A, portfolio management, and accounting functions," said Mark Rostafin, co-CEO of Vesper Energy. "We are also grateful for his continued support during this transition."

Koomar and Scheuermann will collaborate through December to ensure a smooth and seamless transition.

Vesper Energy | www.vesperenergy.com/about

Stahlin Enclosures Announces that Paul Davis Automation Will Represent Its Line of Non-Metallic Electrical Enclosures in Kentucky
Nov 21, 2024

Stahlin Enclosures Announces that Paul Davis Automation Will Represent Its Line of Non-Metallic Electrical Enclosures in Kentucky

Stahlin Enclosures, manufacturers of high-performing non-metallic electrical and industrial enclosures, announces that Paul Davis Automation will represent its product line in the state of Kentucky.

“Paul Davis Automation has been providing outstanding technical and problem-solving service to the Kentucky electrical products market since 1989,” says Craig Mitchell, President of Robroy Industries® Enclosures Division, manufacturers of Stahlin. “That makes them a perfect fit to represent Stahlin’s world-class fiberglass, polycarbonate, and PVC electrical and instrumentation enclosures for diverse interior and exterior applications.”

Stahlin Enclosures offers the most extensive selection of non-metallic enclosures available for meeting the needs of diverse industries, delivering time and labor-saving solutions, non-stop innovation, and superior product performance in interior and exterior applications.

Paul Davis Automation | www.pauldavisautomation.com

 

Flow Aluminum Announces Fran Nicklous as Newest Board Member to Drive Safety and Innovation in Energy Storage
Nov 21, 2024

Flow Aluminum Announces Fran Nicklous as Newest Board Member to Drive Safety and Innovation in Energy Storage

Fran NicklousFlow Aluminum, a leading innovator revolutionizing energy storage with its aluminum-CO2 battery technology, is excited to welcome Fran Nicklous to its board of directors. With a strong background in engineering and leadership within Battery Energy Storage Systems (BESS), Nicklous brings valuable expertise from his current role as Director of Battery Systems Engineering at Fluence, a global market leader in energy storage products and services, and optimization software for renewables and storage.

Nicklous joins Flow Aluminum as a formal board member with full voting rights at a pivotal time as the energy storage industry looks to advance safe, reliable, and environmentally sustainable solutions. With an extensive engineering background in renewable energy and expertise in developing innovative battery energy storage systems, Nicklous brings valuable insight into the design of safe, more diverse battery technologies. His focus on advancing safety protocols, resource availability, and cost-efficiency will be critical as Flow Aluminum works to meet the growing demands of a rapidly evolving market. 

As a board member, Nicklous will collaborate with the Flow Aluminum team to gain important insights, knowledge, and perspectives to enhance its aluminum-CO2 battery technology from what can be considered one of the start-up’s primary markets. He will provide feedback and guidance for Flow Aluminum's lab testing and development initiatives, advising on technical and strategic approaches to ensure the science is commercialized to achieve maximum impact in the energy storage market.

“We are thrilled to have Fran join our board,” said Tom Chepucavage, CEO of Flow Aluminum. “His technical expertise and dedication to safety will be invaluable as we push the boundaries of energy storage. Fran’s insight will help validate our efforts to develop an energy storage solution that is safe, non-flammable, and made from readily available resources—addressing key industry challenges and advancing sustainable, high-performance solutions in the market.”

In addition to safety, Nicklous is highly interested in exploring materials and scientific advancements that support a more diverse and sustainable battery landscape. His background includes a series of notable leadership roles, from advancing Flunence’s product development standards to developing a vision system that integrated machine learning for predictive maintenance. His contributions to energy storage extend beyond technical innovation to encompass strategic planning and resource allocation, ensuring optimal results in high-growth environments. 

In addition to the expansion of its board, Flow Aluminum recently achieved a major milestone with its aluminum-CO2 battery prototype, moving closer to delivering a safer, more sustainable alternative to lithium-ion batteries. In October, CEO Tom Chepucavage introduced the battery technology to investors in Dubai, highlighting its transformative potential in energy storage. In January 2025, the team will participate in arctic testing in Norway, to validate a cold-weather-capable prototype.

With the added expertise of Nicklous to its board alongside its dedicated leadership and technical team, Flow Aluminum is well-positioned to continue its journey toward delivering a new standard in battery technology that emphasizes safety, sustainability, and a readily available domestic supply chain. 

Flow Aluminum | www.flowaluminum.com

CSL OWL SRI Orders Two Newbuild Subsea Rock Installation Vessels to Service Offshore Wind Sector
Nov 21, 2024

CSL OWL SRI Orders Two Newbuild Subsea Rock Installation Vessels to Service Offshore Wind Sector

CSL OWL Subsea Rock Installation ("CSL OWL SRI"), a newly formed partnership between The CSL Group ("CSL") and Offshore Wind Logistics ("OWL"), is pleased to announce the construction of two subsea rock installation vessels tailored for the offshore renewable energy sector.

Rendering of CSL OWL subsea rock installation vessel

Rendering of CSL OWL subsea rock installation vessel

Each vessel will have a cargo capacity of 17,500 metric tonnes and will be equipped with dynamic positioning (DP2). They will be able to operate on marine gas oil (MGO) and/or methanol, providing a pathway to zero emission operations. Purpose-built for optimal flexibility, these vessels will deliver efficient and cost-effective subsea rock installation services in water depths up to 100 metres.

Vessel Highlights

  • Capable of installing rock material up to the 60/300 kg grading, with the option of handling rocks weighing up to 450 kg.
  • A Tremie Pipe with active motion compensation ensures precise placement at water depths between 30 and 100 metres.
  • The transport belts are designed to handle rocks weighing up to 1,500 kg, with a side chute available for larger armour gradings.
  • Excavators can be used to handle larger amour rock.

CSL OWL SRI is an independent marine contractor specializing in subsea rock installation services, dedicated to delivering safe, sustainable and cost-effective solutions for the installation and maintenance of subsea rock. Based in Rotterdam, the company combines OWL's extensive experience in the offshore marine construction sector with CSL's expertise as a leading provider of complex marine solutions.

"We are committed to providing tailormade capacity to the fast-growing offshore renewable sector. This will support the sectors' ambitions of ramping up installed capacity, reducing the levelized cost of energy (LCOE) and minimizing emissions," said Maarten van der Giessen, CEO of CSL OWL SRI.

"Our subsea rock installation solutions are specifically designed to enhance flexibility and cost efficiency for operations in and around bottom-fixed wind farms and associated cables. We believe in making green energy affordable and are committed to doing our part by optimizing offshore renewable energy logistics."

The first subsea rock installation vessel is scheduled for delivery from the shipyard in August 2026, followed by the second vessel in November 2026.

The CSL Group | http://cslships.com/

SGX-Listed Mooreast Appoints Norwegian Eirik Ellingsen as CEO to Drive Growth in Global Floating Offshore Wind Market
Nov 21, 2024

SGX-Listed Mooreast Appoints Norwegian Eirik Ellingsen as CEO to Drive Growth in Global Floating Offshore Wind Market

Mooreast Holdings Ltd. (“Mooreast” or the “Group”), announced it will appoint Mr Eirik Ellingsen, a Norwegian with deep experience in the offshore and marine sector, as Chief Executive Officer (“CEO”) amid growing adoption of floating wind energy projects worldwide.

Mr Eirik Ellingsen’s appointment, which will begin 1 January 2025, comes amid the growing commercialisation of floating offshore renewable energy projects

Mr Eirik Ellingsen’s appointment, which will begin 1 January 2025, comes amid the growing commercialisation of floating offshore renewable energy projects

Mr Ellingsen will assume the role of CEO at Mooreast on 1 January 2025. He will be taking over from Mr Sim Koon Lam, the founder, who will continue to serve as Executive Director and Deputy Chairman of the Group.

Mooreast is a total mooring solutions specialist and Asia’s only ultra-high power anchor manufacturer primarily serving the offshore renewable energy, offshore oil & gas and marine industries. With operations in Singapore and the Netherlands, the Group is establishing a manufacturing facility in Aberdeen, Scotland, and is making forays into the North East Asia market.

In June 2024, the Group announced that it was acquiring 60 Shipyard Crescent from a subsidiary of Seatrium Limited. The acquisition increases Mooreast’s total land area to 129,609 sqm (approx. 1.4 million sqft) and quadruples its production capacity to produce enough subsea foundation to support between 1.5 gigawatts (“GW”) to 2GW of floating offshore wind energy per annum compared to its current capacity of 0.5GW.

Mr Ellingsen, who is also a resident of Singapore, brings over 35 years of experience to the role. He is currently serving as Director of Offshore Wind in the Asia Pacific at independent non-profit foundation Norwegian Energy Partners (“Norwep”). In that role, he built strong relationships with the global offshore wind industry across South Korea, Japan, Taiwan, the Philippines, Vietnam and Australia. His last day at Norwep will be 31 December 2024.

Before joining Norwep, Mr Ellingsen held several key roles in the global offshore industry. Notably, he served as Group Executive Director for Ferguson Group Ltd, where he oversaw its global container and modular business, and established its Singapore operations in 2008. He also founded Norway-based Ferdocean AS in 2018 which was sold in 2022. Following the sale, he was appointed Non-Executive Director of Ferdocean AS, where he provided strategic operational oversight of the business.

Mr Ellingsen holds certifications in Business Sustainability Management from the University of Cambridge, Leadership and Competence Development for Board and Committee Members from the University of Stavanger and in Foundation Program in Business Administration from the BI Norwegian School of Management. Additionally, he is a certified ISO 9001, 14001, 27001 Lead Auditor through the Knowledge Academy.

Mr Ellingsen’s appointment comes amid the growing commercialisation of floating renewable energy projects, which are moving further offshore to deeper waters, driving demand for advanced mooring solutions such as anchoring techniques and synthetic mooring lines.

Floating wind farm developers require an innovative partner with a reliable network of suppliers and manufacturing capabilities to reduce costs and address supply chain challenges. This presents Mooreast with a strong opportunity to offer its cutting-edge mooring solutions.

Mooreast said it would leverage on Mr Ellingsen’s extensive expertise and network within the offshore wind industry to capture business opportunities, as the Group positions itself as a key player in the global floating offshore wind market.

Commenting on the appointment, Mr Sim Koon Lam said, “We are delighted to welcome Mr Ellingsen to the team; his experience, strong track record and deep industry knowledge and network will further accelerate our push towards the floating offshore renewable sector. We are confident he will strengthen our strategic direction, propel the Group to the next level and deliver long-term value to our shareholders.”

Mr Eirik Ellingsen said “I am deeply honoured and excited to take on the role of CEO at Mooreast. I look forward to working with the Mooreast team to implement key transformation strategies to build momentum and achieve the Group’s long-term vision of becoming the leading mooring solutions provider within the floating renewable energy sector.”

Leveraging more than 30 years of mooring and offshore marine expertise, Mooreast total mooring solutions include the design, engineering and fabrication of specialist anchors and equipment, as well as geotechnical and geophysical studies such as soil data analysis to determine project feasibility and engineering design for mooring configuration for floating wind turbines. The Group also incorporated Mooreast Taiwan in May 2024 and Mooreast Malaysia in July 2024.

This press release has been prepared by the Company and its contents have been reviewed by the Company’s sponsor, W Capital Markets Pte. Ltd. (the “Sponsor”). This press release has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “SGX-ST”) and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Ms Alicia Chang, Registered Professional, W Capital Markets Pte. Ltd., at 65 Chulia Street, #43-01 OCBC Centre, Singapore 049513, Telephone (65) 6513 3525.

Issued for and on behalf of Mooreast Holdings Ltd. by WeR1 Consultants Pte Ltd.

Mooreast | https://mooreast.com/

 

Sustainability Roundtable, Inc Announces Synopsys has Purchased 90 MW of Solar Energy through its Net Zero Consortium for Buyers
Nov 21, 2024

Sustainability Roundtable, Inc Announces Synopsys has Purchased 90 MW of Solar Energy through its Net Zero Consortium for Buyers

Sustainability Roundtable, Inc.'s (SR Inc) Net Zero Consortium for Buyers (NZCB) announces Synopsys, Inc. has purchased 90 MW of solar energy from the Millers Branch Solar Facility in Haskell County, Texas. The purchase was facilitated by NZCB, whose prior aggregated procurement negotiations with the Millers Branch project made for a highly efficient contracting process that took less than three months to complete.

The agreement with Southern Power Company is a part of Synopsys’ overall approach for its emissions mitigation and reduction targets, which were approved by the Science Based Targets initiative (SBTi). By working with SR Inc’s NZCB, Synopsys is able to take advantage of the team's expertise to identify more cost-effective, lower-risk transactions that are required to prioritize carbon abatement procurements for renewable energy. The Millers Branch project follows Synopsys’ 15MW wind offtake in an aggregated procurement through the NZCB in 2021.

“It is possible to chart a cost-effective path to Net Zero, while democratizing the financial and environmental benefits of utility scale clean energy. The NZCB’s previous work with the Millers Branch project for aggregated procurements laid the foundation for Synopsys to efficiently and quickly bring new renewable energy to the grid,” said Jim Boyle, CEO of SR Inc. “This large procurement by a technology company is one that can be replicated by others, and sets a precedent for other companies whose electricity loads may be increasing drastically due to AI innovation.”

The Millers Branch solar project will develop new renewable energy capacity in the ERCOT region of Texas, where energy demands continue to increase as more large-scale computing facilities come online. The Millers Branch facility will support an important shift in ERCOT’s power generation to support this electricity demand. The facility is expected to be operational in the fourth quarter of 2026.

“Synopsys continues to identify ways to lessen its environmental impact and reach our greenhouse gas emissions reduction targets. Our science-based targets include a 55% reduction of scope 1 and 2 GHG emissions by 2032,” said Erika Varga McEnroe, senior vice president and deputy general counsel at Synopsys. “Investments in the causation of new renewable energy projects like Millers Branch Solar and our operational Azure Sky wind project in Texas allow Synopsys to continue to chart progress toward our goals.”

SR Inc’s NZCB platform previously brought together multiple corporate buyers for aggregated virtual power purchase agreements (VPPAs) for the renewable energy credits produced by the Millers Branch Solar Facility. This buyer-aggregated demand has contributed to SR Inc’s 1 GW goal, a milestone it will accomplish by year end to cause a gigawatt of new renewable energy capacity.

Sustainability Roundtable | www.sustainround.com

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