Controlled Liquid Hydrogen Storage: The backbone of decentralized energy

Clean Power Alliance (CPA), the nation’s leading green power provider and California’s largest community choice energy aggregator, has approved a long-term power purchase agreement (PPA) with renewable energy developer Avantus for the Rexford 2 solar and battery storage project. The project will deliver 200 megawatts (MW) of solar generation and 200 MW/800 megawatt-hours (MWh) of battery storage capacity to support CPA’s growing portfolio of clean energy resources.

Located in Tulare County, Rexford 2 is expected to begin commercial operations under the PPA by May 1, 2029. With the 20-year agreement, CPA will receive the full output of the project’s solar generation and battery storage resources, including renewable energy, resource adequacy capacity, ancillary services and associated environmental attributes.

The project will provide long-term cost certainty for CPA customers through fixed contract pricing with no escalation over the life of the agreement.

“Rexford 2 is a sound investment in California’s clean energy future,” said CPA Vice President of Power Supply Lindsay Descagnia. “This project provides a fixed long-term price, helping protect our customers from energy market volatility while delivering renewable energy and battery storage that can help meet demand when it matters most. Just as importantly, it will create jobs and support economic development in a disadvantaged area of the state.”

The agreement builds on CPA’s existing relationship with the Rexford renewable energy complex. CPA already receives energy from the neighboring Rexford 1 project, which came online February 2025.

Developed by Avantus, one of California’s leading clean energy companies, Rexford 2 represents another significant investment in renewable energy infrastructure. Avantus has developed more than two dozen utility-scale renewable energy projects totaling approximately 5,000 MW of solar generation and 10,000 MWh of energy storage across the western United States.

“California's energy demand is growing, and we’re proud to develop and operate projects that deliver clean, reliable power,” said Avantus Executive Vice President of Origination and Energy Markets Valerie Barros. “Together with Clean Power Alliance, we will strengthen the grid, bring high-quality jobs and local revenue to Tulare County, and provide affordable renewable energy that helps California meet its clean energy goals.”

Rexford 2 will also provide 200 MW of Resource Adequacy. Its battery storage system will store solar energy generated during the day and dispatch it during periods of peak demand.

Based on estimated annual generation, the project's 200 MW of solar capacity is expected to produce enough clean electricity to serve approximately 84,000 homes each year. The project is expected to avoid approximately 210.2 million pounds of carbon dioxide emissions annually — the equivalent of removing more than 22,000 cars from the road for one year or planting nearly 1.6 million trees and growing them for 10 years. The project's 200 MW/800 MWh battery storage system can deliver up to 200 MW of electricity for four hours, helping shift solar energy to periods of peak demand and supporting grid reliability when customers need it most.

Construction is expected to create approximately 500 direct construction jobs under a project labor agreement, along with 10 permanent operations positions. Workforce development opportunities will prioritize local participation and support workers in surrounding communities.

The site is on previously disturbed land, minimizing environmental impacts. It is also expected to support the local economy through capital investment, landowner payments and tax revenues associated with construction and operations.

Having advanced through late-stage development, Rexford 2 has secured key permits, site control, and interconnection agreements, positioning it as a viable, low-risk addition to CPA's energy portfolio.

Clean Power Alliance | www.cleanpoweralliance.org

Avaada Electro Limited, the solar PV manufacturing arm of Avaada Group, has advanced its 6 GW high-efficiency N-Type TOPCon solar cell manufacturing facility at its integrated solar manufacturing factory in Butibori, Nagpur. The first 3 GW production line is now operational, while the balance capacity is under ramp-up. 

The facility is equipped with advanced N-Type TOPCon technology capable of delivering cell efficiencies of up to 25.5% under standard test conditions, supported by 16-busbar and 18-busbar architecture for higher power density, reliability and energy yields.

The Nagpur line is part of Avaada’s broader manufacturing roadmap. The company currently operates 8.50 GW of N-Type TOPCon glass-to-glass module capacity across Nagpur and Dadri, and is planning to add 5.10 GW to reach 13.60 GW of module capacity. It is also progressing toward adding another 6 GW of solar cell line at Greater Noida, taking total solar cell capacity to 12 GW. As a part of backward integration company is also planning 3GW of ingot and wafer capacity at Nagpur.

Vineet Mittal, Chairman and Whole-Time Director, Avaada Electro Limited, stated, “With the establishment of our 6 GW solar cell factory at Butibori in Nagpur, Avaada is actively contributing towards India’s green industrial age and complete technology independence. This facility is our definitive pledge to the nation - a localized manufacturing ecosystem engineered to minimise foreign import dependencies in an era of de-globalization, accelerate our economic trajectory, and position India at the absolute vanguard of the global energy transition. This factory represents far more than industrial infrastructure; it is a sustainable, co-located complex built on the values of indigenous ingenuity and environmental stewardship. We are not just scaling production; we are aiding a sustainable future where homegrown innovation dictates the global clean energy roadmap, anchoring India’s position as a green superpower. As India’s AI-driven digitization and data infrastructure scale at far greater pace, the demand for power that is clean and always on will only intensify, and facilities like Butibori ensure that this next wave of growth is built on a foundation of dependable, indigenous clean energy. This embodies the essence of Atmanirbhar Bharat - a strategic signal to the global market that India is ready to dictate the future of renewable energy."

The integrated manufacturing ecosystem is designed to enhance supply chain resilience, improve operational efficiencies, reduce logistics costs, and accelerate localization across the solar value chain. 

The development also strengthens Avaada Group’s position as an integrated energy transition company with interests across renewable power generation, solar PV manufacturing, green hydrogen and derivatives, energy storage and pumped storage. Avaada Energy has a renewable energy portfolio of over 17.70 GWp, including more than 7.20 GWp operational and about 10.50 GWp under construction, supporting India’s energy transition, strengthening domestic manufacturing and decarbonisation journey.

Avaada | https://avaadaelectro.com/

Black Bear Energy, a national commercial buyer’s representative specializing in onsite renewable energy, facilitated the energization of a new 1.29 MW solar installation developed by Dimension Energy, a leading developer, owner, and operator of distributed energy infrastructure, at New York Life Investment Management’s (NYLIM) 5-61 Bay Avenue facility in Elizabeth, NJ. The installation is set to produce approximately 1.5M kWh of clean energy annually. 

The project is supported by the New Jersey Community Solar Energy Program (CSEP), a program that enables residents across New Jersey to benefit from solar installations on large industrial rooftops. Notably, more than 50% of the subscribers for this project are low to middle-income (LMI) households, who will receive discounted power and a guaranteed utility bill credit of 25% or more.

“This project reflects our commitment to integrating sustainability into our investment process,” said Brooke Pottish, Director at New York Life Investment Management. “Through our partnership with Black Bear Energy and Dimension Energy, we’re proud to support a project that is expected to provide operational and economic benefits to the property while providing discounted power to New Jersey residents, including those in lower- and middle-income (LMI) households.”

The installation marks the second energized project between NYLIM and Black Bear Energy since the partnership began in 2018. With further projects expected, the collaboration exemplifies how commercial organizations can leverage state legislation to create potential revenue opportunities through community solar initiatives while positively impacting their local communities.

“This collaboration is a testament to the power of commercial, state, and community alignment in advancing renewable energy deployment,” said Victoria Stulgis, President of Black Bear Energy. “We are proud to facilitate this impactful project, which delivers measurable economic benefits to both NYL and the surrounding community while contributing to grid resilience.”

Dimension Energy echoed the enthusiasm: “It is partnerships like these that enable us to scale community solar efforts and bring meaningful energy cost savings to households who need it most. Community solar remains one of the most effective and fastest ways to bring tangible savings to New Jersey residents, using vacant rooftops to deliver local, affordable power. We’re proud to see this project come to fruition,” said Bryan Bentrott, Executive Vice President of Markets and Revenue at Dimension Energy.

Statements regarding anticipated operational or economic benefits reflect current expectations and are subject to change. There can be no assurance that expected benefits will be realized.

References to sustainability initiatives relate to this specific property and should not be interpreted as representative of all investment strategies or investment decisions managed by New York Life Investment Management.

Black Bear Energy | https://www.blackbearenergy.com/

Dimension Energy | www.dimension-energy.com

Cadeler has signed an EIFO-backed senior secured green term loan facility of EUR 247 million to finance in part the construction of its third A-class newbuild offshore wind installation vessel, Wind Apex, with delivery expected in Q2 2027.

The 12-year facility is supported by the Export and Investment Fund of Denmark (EIFO) and has been designated as green financing under Cadeler's Green Finance Framework.

The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch acted as Coordinator, Mandated Lead Arranger, Facility Agent, Security Agent and EIFO Agent. The lending syndicate comprises HSBC, KfW IPEX-Bank, Coöperatieve Rabobank U.A. and DNB Bank ASA.

Commenting on the financing, Mikkel Gleerup, CEO of Cadeler, says: “We are pleased to have secured this financing for Wind Apex together with a strong group of international banking partners. We greatly value our longstanding relationship with EIFO and appreciate their continued support for Cadeler's growth. Their backing, together with that of our lending partners, reflects continued confidence in Cadeler and our ability to deliver the offshore wind installation capacity our customers need.”

Peter Boeskov, COO at EIFO Large Corporates comments: “Strengthening Danish companies and supply chains in the energy transition is a strategic priority for EIFO. Cadeler exemplifies how quickly Danish expertise can scale globally, now operating the world’s largest installation fleet for offshore wind. With this third transaction, we reaffirm our long-term commitment to supporting Cadeler's continued growth.”

Cadeler | www.cadeler.com

Xeal Energy, the technology-first electric vehicle (EV) charging company behind the patented Xeal Protocol, has officially launched in Canada to bring their self-reliant, zero-IT charging solution to Canadian property owners. The launch arrives as Canada sets its sights on a 75% EV adoption rate by 2035 and 90% by 2040, supported by launching a new C$2.3-billion five year fund, offering rebates of up to $5,000 on battery-electric vehicles, and up to $2,500 on plug-in-hybrids. The consumer demand is coming, but the charging infrastructure to meet it needs expansion.

As Canadians celebrate national pride and look toward the future, Xeal is arriving with technology designed specifically for the built environments Canadian properties present across multifamily and commercial deployments. 

"Xeal Energy is entering the Canadian market at exactly the right moment. As the energy transition accelerates, Canadians are looking for practical, affordable ways to make the shift to electric vehicles. Xeal is helping solve one of the biggest barriers to EV adoption by making charging infrastructure accessible for multi-unit residential buildings and institutional properties—two markets that will be essential to Canada's clean transportation future," said Catherine McKenna, CEO of Climate and Nature Solutions and Canada's former Minister of Environment and Climate Change and Minister of Infrastructure and Communities.

A Reliability Problem, Finally Solved
Nearly 1 in 3 EV charger sites experiences regular downtime and 95% of that downtime is caused by centralized network dependency. Traditional chargers rely on cellular towers, cloud, and signal boosters to function, creating multiple points of failure that result in charger downtime and leaves drivers stranded when they need charging the most. 

Xeal has solved this at the architecture level. The company's patented Xeal Protocol™ establishes a direct, encrypted communication channel between the driver's smartphone and the charger itself with no cellular network, no Wi-Fi, and no dependence on an external server. The result is a 100% uptime guarantee and a seamless tap-to-charge experience that works every time, in every environment.

"As EVs become increasingly accessible to Canadian consumers through a growing range of available incentives, EV models and price points, adoption will continue to accelerate. With these new EV adoption targets set in Canada, developers need to act now to ensure buildings are equipped to handle the needs of today's residents and tomorrow's drivers. 

Roughly 35% of Canadians live in multi-family settings and with 80%+ charging happening at home, property owners need charging infrastructure that just works. Backed by strong government support for the market, Xeal is expanding into Canada to support the next wave of EV charging infrastructure adoption for real estate. By eliminating the primary challenge for charger uptime, our self-reliant Helix Computing™ protocol guarantees a 100% uptime to empower Canadian real estate leaders to scale charging seamlessly and meet this increased demand."
— Nikhil S. Bharadwaj, CEO & Co-Founder, Xeal Energy

Built for Canadian Properties
Beyond reliability, Xeal's dynamic power optimization technology allows properties to install up to three times more charging stations on the same electrical capacity, without costly infrastructure upgrades. Where a standard power supply might support five EV chargers, Xeal's system can support up to fifteen, dramatically expanding charging access while reducing capital expenditure.

Proven Across 500+ US Cities, Now in Canada
Xeal enters Canada with a proven track record: 300+ partners across commercial, multifamily, healthcare, retail, education, and enterprise properties in more than 500 US cities. Partners include UBS, AvalonBay Communities, Lincoln Property Company, Brookfield, Princeton University, the University of Texas at Austin, Pfizer, among others.

Xeal Energy | https://xealenergy.com/
 

NatPower Marine, a NatPower Group company enabling the energy transition in the maritime sector, has signed a strategic agreement to acquire the Aqua superPower international charging network from ATV Power, a provider of marine electrification technologies and charging infrastructure. 

Aqua superPower currently represents the largest international network of electric charging points for boats and yachts in Europe, spanning multiple markets worldwide and comprising more than 80 ports and marinas across Europe and North America, including the French and Italian Rivieras, Venice, Trieste, Genoa, Lake Maggiore, Lake Geneva, Sweden, the Port of Barcelona, the UK South Coast, San Francisco Bay, Lake Tahoe, San Diego, and Lake Michigan. The acquisition aims to integrate this expertise and operational capability into the NatPower Marine platform, supporting its ambition to expand this electrification model beyond recreational boating to include large commercial ports and maritime hubs.

This integration marks a significant step in the evolution of NatPower Marine, strengthening its ability to deliver energy infrastructure as a coordinated and scalable system.

“This transaction marks a decisive step forward for us: we are no longer just developing infrastructure, but building a platform capable of operating on an international scale,” said Fabrizio Zago, CEO of NatPower. “The addition of Aqua superPower to our ecosystem provides us with an immediate operational presence in key markets and strengthens our ability to deliver projects effectively and at scale on a global level.”

Stewart Wilkinson, CEO of ATV Power, added: “Joining NatPower Marine enables us to scale our platform faster and extend our reach, building on the network we have already developed.”

Towards a Global Platform

Electrification in the maritime sector is no longer limited by technology or capital.
The constraint lies in execution. 

Deploying infrastructure at scale requires alignment between energy supply, grid access, permitting, financing and operations. When these elements remain fragmented, deployment slows down and remains localised. 

By integrating Aqua superPower’s operational footprint with NatPower Marine’s execution capabilities, the combined platform is designed to overcome this fragmentation and enable coordinated deployment across multiple markets.

Achieving this goal requires the coordination of multiple factors, including access to energy and grid infrastructure, permitting processes, investment capacity, engineering expertise, and operational management. When these elements are managed independently, infrastructure development tends to slow down and remain confined to isolated initiatives.

The new platform combines: an existing network of operational charging infrastructure, a structured pipeline of projects across ports and marinas, access to capital and development capabilities, a coordinated execution model

The integration goes beyond expanding a charging network. It combines Aqua superPower's connected charging ecosystem with NatPower Marine's integrated energy infrastructure platform, creating the conditions to accelerate maritime electrification at scale.

In this context, NatPower Marine is consolidating its position as a key player in the marine industry’s energy transition, coordinating technologies, investments, and implementation processes within a scalable, replicable model geared toward growth in global markets. 

This integration is part of a broader trajectory within NatPower, aimed at building fully integrated energy systems across sectors and geographies. NatPower Marine operates as a key vertical within this strategy, progressively incorporating capabilities, technologies and platforms to accelerate execution and scale. 

Monaco Energy Boat Challenge

The agreement was formally presented during the Monaco Energy Boat Challenge (MEBC), one of the leading international events dedicated to sustainable marine technologies and energy solutions. 

As part of the event, NatPower Marine participated in a dedicated discussion focused on sustainable energy solutions for the maritime sector. A live hydrogen refuelling demonstration also took place, showcasing NatPower’s broader strategy of integrating multiple energy technologies within a single infrastructure model.

Aqua superPower is supporting the Monaco Energy Boat Challenge for the 4th year running with its floating E-Dock supplying DC and AC charging for electric boats. 

The Yacht Club de Monaco was the first location worldwide to install an Aqua fast charger in 2019, demonstrating how commitment to infrastructure leads to the adoption of electric marine technology.

Photo Caption (left to right) : Stewart Wilkinson, CEO of ATV Power and Fabrizio Zago, CEO of NatPower at the Yacht Club de Monaco

Photo Caption (left to right): Stewart Wilkinson, ATV Power, Bernard d’Alessandri, YCM, Jérémie Lagarrigue, MEBC International Jury and Fabrizio Zago, NatPower

ATV Power | www.taigamotors.com

NatPower | https://natpower.com/