JBB Advanced Technologies (JBBAT) has signed a letter of intent to purchase Houston-based Proteus Power for an undisclosed amount.
Proteus Power incorporates 15.5 GW of utility-scale renewable projects, including solar and battery energy storage systems. The projects also include independent system operators: ERCOT West, ERCOT Houston, ERCOT North, ERCOT South, Miso LA/MS, Miso Illinois, Miso Texas and SPP South.
“I know the potential of renewable energy, both for our country and for the small landowners and communities we work with,” says John B. Billingsley, JBBAT CEO.
“Proteus Power is just the type of company I have known and grown in the past, and we’re perfectly positioned to make it a very profitable company for our investors. In the near term, this very substantial business will provide a multi-billion-dollar boost to the Texas economy, from Lubbock to Midland, across West Texas and down to the Gulf Coast.”
Pending the final acquisition, expected later this year, the Proteus Power headquarters in Houston will move to JBBAT headquarters in Carrollton, Texas, with all current employees being retained and a branch office planned to be located in Lubbock, Texas.
Proteus Power was formed in 2021.
The post JBBAT to Purchase Proteus Power appeared first on Solar Industry.
Renewable Energy
Wrong State
Minnesota is home to intelligent, well-educated people whose approval of Trump is lower than that of toenail fungus.
If Lindell wants to lead a state, he needs to choose one at least 800 miles away. Oklahoma?
He may also want to consider that Trump is easily the most detested person in this nation.
Renewable Energy
The Existence of God
I wouldn’t say that the burden of proof lies on religion. No one knows how the universe got here.
The Big Bang was an event in which there was no chaos, no “entropy,” as we say in thermodynamics. How did all this orderliness get there 13.87 billion years ago? No one knows. This is an issue in cosmology which is quite likely to outlast human civilization on this planet.
I’m an atheist for a few reasons, one of which is that saying that God created the universe doesn’t get us any closer to an understanding of the cosmos, if only because it raises the question: Who made God?
More to the point, there are hundreds of moral reasons to disbelieve in God. Each year, 9 million children will die unbaptized on this planet before their fifth birthdays. In the bible, we learn that God punishes them all with an eternity of torture in hell. To what sort of weirdo does this make sense?
Renewable Energy
We’re Having Trouble Thinking
At left we have another good reminder that our cognitive biases can render us incapable of thinking critically.
Some of us believe anything we want to.
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