Arenko has agreed to a framework deal with RWE Supply and Trading, in which RWE is set to use Arenko’s Nimbus Trade product as part of its U.K. trading desk.
The technology is expected to be deployed on three DC-coupled solar projects which are currently under construction, with the first two projects scheduled to go live next year.
Under the agreement, RWE’s in-house trading algorithms and trading capabilities will be integrated into Arenko’s Nimbus Trade product. RWE says its trading desk currently trades approximately 17.5% of U.K. power.
Nimbus Trade, Arenko’s trading product, is meant to help large energy companies manage diverse and complex renewables and battery portfolios to deliver superior returns through standardizing and operationalising asset control systems and data flows, streamlining connectivity and integrations with existing IT systems and automating trading processes.
Nimbus Trade is one of Arenko’s modular products from the Nimbus Platform that links key stakeholders onto a single, common digital backbone with applications for traders, asset managers, owners and back-office teams.
“We are delighted to have been selected by RWE and agreed to a framework deal with them for Nimbus to help support their operations, and we look forward to building this relationship,” says Rupert Newland, founder and CEO of Arenko.
“The three initial DC-coupled solar projects are some of the most advanced, large-scale collocated projects in the world and we can’t wait to go live early in the new year. RWE is a major new software customer for Arenko and we are thrilled to be playing our part in helping them to achieve their ambitious targets. Developing software at an enterprise grade level for globally leading customers, like RWE, is core to achieving Arenko’s mission and vision and testament to the quality of our software product.”
The post RWE Awards Trading Software Framework Agreement to Arenko appeared first on Solar Industry.
Renewable Energy
Banning Sharia Law in the U.S.
The MAGA base is on fire about Trump’s quest to ban Sharia law. It would take any of them about 15 seconds, if they wished to look into this, to learn that Sharia law has no official legal status or authority in the United States, because the U.S. Constitution and secular laws always come first. - No Authority: American courts do not follow or enforce Sharia law.
- Religious Freedom: Muslims in the U.S. follow Sharia as a personal and moral guide for daily worship and life, just as people of other faiths follow their own religious rules.
- Constitutional Limits: Religious practices cannot break federal or state laws.
For a moment, think about an American judge’s sentencing a thief to have his hand amputated, or having an adulteress stoned to death.
Renewable Energy
American Farmers Are Singing a Different Tune
The reason that the MAGA base supports Trump never was rooted in personal gain, whether that meant income, healthcare, or God knows, education. Yes, they got shafted by the rising cost of living, but they never suffering anything like what’s happening the American farmer.
From AI:
- Deepening Deficits: The American Farm Bureau Federation projects that crop farmers will lose roughly $31 billion and face another $32 billion in losses.
- Negative Returns: Major row crops like corn, soybeans, wheat, and cotton are operating well below breakeven.
- Rising Debt: Total farm debt has climbed to record highs near $560 billion, straining producers who also face high interest rates and inflation for seeds, fuel, and fertilizer.
- Export Disruptions: Retaliatory tariffs from trading partners like China have severely cut into U.S. soybean and corn exports.
- Beef and Rancher Backlash: Administration moves to temporarily lift tariffs on foreign beef imports to lower grocery store prices have angered domestic ranchers and farm bureaus who fear being undercut during a historic low in cattle inventory.
Capping all this off is Trump’s allowing hundreds of millions of pounds of ground beef to be imported with zero tariffs.
Renewable Energy
The Top People in the U.S. Military Oppose Trump on All Major Issues
Trump’s first term didn’t make him any friends with U.S. generals and admirals. He followed up his referring to our soldiers as “suckers” and “losers” with pardoning someone who had been convicted in military court of a war-crime.
Yet it is his second term that has really propelled him into infamy. Here we have:
Iran, Venezuela, deployments of National Guard troops in Democratic-led cities, destroying America’s confidence in democracy by repeating the lie that the 2020 election was rigged, renaming the Department of Defense and appointing an alcoholic Fox News host to run it, threatening to invade Greenland and Canada, the destruction of relations with our historic allies, his usurpation of power delegation to the Constitution to congress, appointing his personal attorney to the Department of Justice, ignoring the national security implications that accompany climate change, damaging America’s business interests with huge tariffs, and buddying up to world tyrants like Putin and Kim Jong Un.
The Top People in the U.S. Military Oppose Trump on All Major Issues
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