May 17, 2020

Astronergy: Partners with SPG for solar modules supply

2 min
Astronergy, a Chinese company, has entered into a supply agreement with California-based SPG Solar to deliver 2.2 MW of polycrystalline silicon mod...

Astronergy, a Chinese company, has entered into a supply agreement with California-based SPG Solar to deliver 2.2 MW of polycrystalline silicon modules for a solar rooftop project that SPG is working on in Florida. The shipment is due to commence in July.

This agreement is indicative of Astronergy’s successful movement into the Florida marketplace for PVs. Both companies will supply various projects with high quality solar modules, including high efficiency and monocrystalline polycrystalline thin film modules.

"The US PV market is one of the markets with the greatest potential," said Astronergy CEO Dr. Liyou Yang, "It's only a matter of time that we see the US photovoltaic market take-off, given the Obama Administration's support for renewable energy. Florida is also located in the most sunshine abundant region of the US, so we're very excited to provide SPG solar with our panels, and look forward to both our companies' growth."

The partnership between Astronergy and SPG propels Astronergy’s increasing presence within the U.S. "Our quality products and services will now be available to a greater portion of the US and Canada," commented Astronergy's Chief Sales and Marketing Officer, Mr. Alan Yuan, "Astronergy's US branch in California will be able to maintain close contact with customers and provide them with local logistical support."

"I have personally toured Astronergy's factories in China, including a hands-on review of their entire manufacturing line, and as a result we are looking forward to using Astronergy's quality modules for this project," stated SPG Solar's CEO, Thomas Rooney. "We have a rigorous vendor selection process and welcome Astronergy as a new supplier for our work in the U.S market."


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Apr 23, 2021

Drax advances biomass strategy with Pinnacle acquisition

Dominic Ellis
2 min
Drax is advancing biomass following Pinnacle acquisition it reported in a trading update

Drax' recently completed acquisition of Pinnacle more than doubles its sustainable biomass production capacity and significantly reduces its cost of production, it reported in a trading update.

The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.

The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).

Drax CEO Will Gardiner said its Q1 performance had been "robust", supported by the sale of Drax Generation Enterprise, which holds four CCGT power stations, to VPI Generation.

This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.

In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.

The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.

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