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Q2 2018

June 11, 2018

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Welcome to the Q2 edition of Global Energy News, your source for the latest on deals, appointments, research and breaking news in the global energy sector.

In recent news, PPL Corporation announced on the 31st May 2018 that it had acquired Safari Energy LLC, a leading provider of solar energy solutions for commercial customers in the U.S. The acquisition offers the firm an attractive, low-risk opportunity to help advance a cleaner energy future; to support the growth of distributed energy resources.

In this month’s issue, we take a closer look at how ForeFront Power and Los Altos School District (LASD) in California celebrated the completion of solar canopy systems across nine District schools on the 24th May 2018. The ceremony at Oak Avenue Elementary School also included Sunworks, the primary construction contractor, and TerraVerde Energy, the District's procurement consultant. The 1.4-megawatt (MW) portfolio is now delivering clean, renewable energy to the schools at a price below their grid rate.

Elsewhere in this edition, we discover how GEP, a leading provider of procurement software and procurement services to Fortune 500 and Global 2000 enterprises worldwide, recently announced that Chevron Corporation has selected SMART by GEP ® procurement software, the industry's leading cloud-native sourcing, procurement and spend management software platform. The company, headquartered in San Ramon, California, selected SMART by GEP for full, source-to-pay capabilities, including sourcing and project management, contract and supplier management and comprehensive procure-to-pay for a global rollout.

Also in this month’s insightful issue, we look at how the new report from IDTechEx Research, "Wave, Tidal and Hydro Power 1W-10MW 2018-2038" finds that interest in water power is on the rise again as large orders are landed. The new vibrancy primarily concerns avoiding huge infrastructure and putting simpler devices in open water, particularly in the sea.

Here at Global Energy News, we sincerely hope that you enjoy reading this edition and look forward to hearing from you.

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