Business

Solar Technology

U.S. Startup Offers Meter Socket Adapter That Simplifies Solar, Battery, EV Charging Connection

ConnectDER has secured $35 million in Series D funding to support its meter socket adapter (MSA) business, which integrates solar, storage, EV charging and more…

Hydrogen Fuel Cell

SFC Completes Acquisition of Ballard’s Scandinavian Hydrogen Fuel Cell Assets

German hydrogen and methanol fuel cell firm SFC Energy has completed the acquisition of assets and customer contracts from Ballard Power Systems’ European…

Decarbonization

ArcelorMittal Slows Making Final Investment Decisions on European Decarbonization Plans

ArcelorMittal has previously announced the intention to invest in lower carbon emissions hydrogen ready DRI-EAF (DIrect Reduced Iron - Electric Arc Furnace) fac…

Solar Inverter

McLaren Applied Acquires Italian Inverter Maker Fimer

McLaren Applied Group has purchased Italian inverter manufacturer Fimer for an undisclosed sum through its subsidiary, MA Solar Italy Ltd. The deal, which inclu…

Offshore Wind Power

Sofia Offshore Wind Farm creating economic value for UK businesses and communities

Wind power project creates £760m of value for UK economy, including £181m for Yorkshire and Humber and £62m for the North East. Creating thous…

Energy Investment

Venterra Secures £30M Funding Boost

Image: Zoltan Tasi/UnsplashGlobal offshore wind services business Venterra Group is set for growth following an uplift in UK Export Finance (UKEF) backed fundin…

Green Hydrogen

Norsk Hydro Ends Hydrogen Investments Amid Market Challenges

Norwegian aluminium producer Hydro has announced plans to cancel its green hydrogen business, citing challenging market conditions, although it will continue to…

Renewable Energy

China’s New Renewable Energy Plan: Key Insights for Businesses

China’s new renewable energy plan aims to significantly boost the country’s renewable energy consumption, setting ambitious targets for 2025 and 203…

Solar Panel

Maxeon Solar Pivots Business to Focus Exclusively on U.S. Market

Maxeon's solar module factory in Ensenada, northern MexicoThe solar panel manufacturer announced a five-year lease of a factory in Albuquerque, New Mexico.M…

Hydropower Plant

Thames Water to Get Ofwat Ruling Without Delay in December

UK regulators will stick to the original timetable for a key decision on Thames Water’s next big business plan, ruling out a delay that would further sque…

Energy Investment

$111 Billion Investment on Petrobras’ Five-Year Agenda

Brazil’s state-owned oil and gas giant Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050…

Natural Gas

B&W to Convert Coal Plant to Gas for AES Indiana

The B&W Thermal business of Ohio-based Babcock & Wilcox (B&W) has received full notice to proceed under an agreement for a coal-to-natural gas conversion projec…

Carbon Emissions

CARB’s Updated $34.9m Incentive Plan Focuses on Getting Small Businesses and Fleets Into Zero-Emissions Technology

​加州空气资源委员会 (CARB) 批准了一项 3494 万美元的激励资金计划，该计划将继续支持持续努力增加中型和重型零排放卡车、公共汽车和设备的使用，重点关注小型企业。清洁交通…

Natural Gas

PAG Said to Sell AirPower’s Gas Business for $6.8 Billion

PAG, one of Asia’s biggest alternative asset managers, agreed to sell the industrial gases business of AirPower Technologies Ltd. to a Chinese consortium …

Wind Farm

Subsea7 Renewables Unit Doubles Q3 Earnings

[Image: Seaway7]Subsea7’s renewables business has doubled its adjusted earnings before interest, depreciation and amortisation (EBITDA) to $62m in the third qu…