Peak Energy and INUPS sign a Rooftop Solar Partnership Agreement

SINGAPORE and SEOUL, South Korea, Oct. 11, 2024 /PRNewswire/ -- Peak Energy, a regional renewable energy developer, has signed a partnership agreement with INUPS, a Korea energy platform company, to develop rooftop projects across the country.

South Korea is targeting to reach net zero by 2050, and while land available for solarization in the country is limited, there is a huge potential of rooftops, both residential and belonging to commercial and industrial buildings, which are suitable for the installation of solar panels quickly and easily.

There is also a growing number of private enterprises in Korea which have sustainability targets to hit and need access to copious renewable energy well in advance of 2050, as several companies are subscribe to RE100 and have targeted 2030 for decarbonization.

Through this partnership agreement, Peak Energy and INUPS will develop rooftop solar projects connected to the utility grid, and sell the power generated through the grid to large corporates. The team in Peak has developed more than 400 projects over the last few years across 13 countries in South-East Asia, including Singapore, Indonesia and Thailand.

INUPS is a joint vehicle with gas operators across South Korea to build an energy platform for new energy business, with excellent access to corporate customers. This first agreement is focused on developing 30MW but the plan is to target more than 200 MW.

Peak Energy will be responsible for project development and construction until COD, and for the sale of the energy generated on a long-term PPA basis to corporate off-takers, while INUPS will be responsible for the O&M.

Kim Hyung-jun, Vice President/Chief Operating Officer of INUPS, who led this partnership agreement, said, "INUPS' key executives and employees are comprised of experts with extensive experience in domestic and international renewable energy business development and investment over the past 10 years. Based on this partnership agreement, we will quickly lead the domestic rooftop solar market in the future."

Gavin Adda, CEO of Peak Energy said, "Peak Energy is committed to Korea, we currently own and operate one of the largest projects in the country. Peak and its partners are committed to helping the South Korean Government achieve its goals and Korean and international corporates in Korea to achieve their sustainability targets. We are keen to help by bringing global best practices."

About Peak Energy

Peak Energy is headquartered in Singapore and is an Independent Power Producer that develops, owns, and operates renewable assets across Asia. Peak Energy's activities encompass the whole specter of renewable energy business models such as utility-scale development, off-site PPAs, onsite PPAs and energy storage applications, in order to position itself as the one-stop partner for corporates seeking to decarbonize their operations in Asia Pacific. Peak Energy has nearly 300 MW of operating solar projects across Asia. For more information, please visit https://www.peakenergy.asia. Peak Energy is wholly-owned by Stonepeak. Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $71 billion of assets under management.

About INUPS

INUPS is an energy new business platform company established with investment from six metropolitan city gas companies: Gyeongdong City Gas, Gunsan City Gas, Daeryun ENS, Mirae Enseohae Energy, CNCT Energy, and JB. It is leading the establishment of an advanced country-type energy business model and is currently promoting various new energy businesses such as DR (demand resource trading) and O&M (management and operation). In addition, it has recently rapidly entered the domestic rooftop solar power market based on its nationwide network of metropolitan gas companies and sales offices.

Through this partnership, INUPS aims to lead the domestic rooftop solar power market by creating various synergies and new growth engines in the energy new business market.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Peak Energy and INUPS sign a Rooftop Solar Partnership Agreement

Peak Energy and INUPS sign a Rooftop Solar Partnership Agreement

Peak Energy and INUPS sign a Rooftop Solar Partnership Agreement

Peak Energy and INUPS sign a Rooftop Solar Partnership Agreement

NEW YORK, Oct. 11, 2024 /PRNewswire/ -- Today marks the official launch of FurKnight, a groundbreaking pet air purifier brand by Petsairpurifier,designed to revolutionize the way pet households manage air quality. With the introduction of two state-of-the-art models—FurKnight Mini and FurKnight Plus—pet owners can now enjoy cleaner, fresher air while addressing common pet-related air pollutants like hair, dander, odors, and allergens. Available in sleek black and white designs, FurKnight combines cutting-edge technology with functional elegance inspired by American sci-fi and traditional Japanese craftsmanship.

Innovative Pet FurCaptureâ„¢ Technology

Both the FurKnight Mini and FurKnight Plus are powered by FurKnight's proprietary Pet FurCaptureâ„¢ Technology, a highly specialized system that efficiently captures and removes pet hair from the air, setting them apart from standard air purifiers. This technology ensures that the air in pet households remains free of fur, allergens, and odors, providing a healthier environment for both pets and their owners.

Design Meets Functionality

The FurKnight air purifiers were designed by a Tokyo-based designer, drawing inspiration from the iconic Darth Vader character in Star Wars and traditional Japanese joinery techniques. The result is a device that is not only powerful but also visually striking. The design allows for easy removal of filters and casings without the need for screws or nails, ensuring a seamless and convenient user experience.

Subscription-Based Filter Replacement for Hassle-Free Maintenance

Understanding the busy lives of pet owners, FurKnight offers a filter subscription service that auto-delivers replacement filters directly to customers' homes. This convenient system ensures that the purifiers always operate at peak performance without users needing to worry about sourcing new filters.

FurKnight Mini: Perfect for Small to Medium Spaces

The FurKnight Mini is equipped with a multi-layer filtration system that targets pet-related pollutants such as hair, dust, pollen, and odors. With a Clean Air Delivery Rate (CADR) of 150m³/h, it effectively purifies spaces up to 750 square feet per hour, making it ideal for bedrooms, offices, and living rooms. The FurKnight Mini also features a smart, child-lock design and ambient lighting adjustments, ensuring comfort and safety in any home.

FurKnight Plus: Advanced Purification for Large Spaces

For larger pet households, the FurKnight Plus offers superior performance with its dual-side air intake system and intelligent air monitoring. Capable of covering up to 1300 square feet per hour with a CADR of 260m³/h, the FurKnight Plus automatically adjusts its fan speed based on real-time air quality data, ensuring continuous clean air without the need for manual intervention. It also includes an ultra-quiet sleep mode, operating at a low 27dB, so it never disturbs your rest while it works silently in the background.

A Perfect Fit for Pet Owners

"Pet owners often struggle with maintaining clean, healthy air in their homes due to the challenges posed by pet hair, dander, and odors," said the FurKnight team. "FurKnight is the ultimate solution for these issues, combining style, technology, and convenience to make life easier for pet families everywhere."

With the official launch of FurKnight, the brand aims to become a leader in the pet air purification space, offering pet owners peace of mind and cleaner air through innovation and thoughtful design.

Availability

The FurKnight Mini and FurKnight Plus are now available for purchase directly through FurKnight's official website https://petsairpurifier.com/, with optional filter subscriptions for easy maintenance.

About FurKnight

FurKnight is a direct-to-consumer brand that specializes in pet air purifiers, designed specifically to address the unique air quality challenges faced by pet households. Combining cutting-edge Pet FurCaptureâ„¢ Technology with sleek, functional design, FurKnight aims to create a cleaner, healthier living environment for pets and their families.

For media inquiries, please contact:
[Jamie] affiliate@petsairpurifier.com 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

FurKnight Unveils Next-Gen Air Purifiers Designed for Pet Owners' Homes