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Battery

SMA Altenso To Build 92.5 MW Battery Park In Germany

MEAG Munich Ergo Assetmanagement GmbH has agreed with SMA Altenso GmbH to acquire all shares in the Metelen Battery Park in the state of North Rhine-Westphalia.…

Battery

SMA Altenso To Build 92.5 MW Battery Park In Germany

MEAG Munich Ergo Assetmanagement GmbH has agreed with SMA Altenso GmbH to acquire all shares in the Metelen Battery Park in the state of North Rhine-Westphalia.…

Electricity Trade

The Rust Belt Is Becoming Ground Zero for the EV Charging Boom

As electric car sales pick up pace far from the US coasts, a wave of new fast-charging stations coming online from the Rust Belt down to the Deep South.Roughly …

Crude Oil

Marathon Oil Cuts 500 Houston Jobs Ahead of ConocoPhillips Takeover

Marathon Oil Corp. warned of a mass layoff involving more than 500 employees at its Houston headquarters as part of the $17 billion takeover by ConocoPhillips, …

Offshore Wind Power

Petrobras To Start Major Offshore Wind Measurement Campaign Using Brazil-made Floating Lidars

The company will invest BRL 60 million (approximately EUR 9.6 million) in the new measurement campaign which follows a one-year deployment of the first floating…

Decarbonization

ACWA Power Signs $1.7bn Finance And Energy Deals

Saudi utility firm ACWA Power is set to increase its capital by SR7.13 billion ($1.89 billion) as part of its strategy to triple assets under management by 2030…

Solar Panel

First Solar Lowers Annual Sales Forecast, Posts Rise in Q3 Profit

U.S. solar panel maker First Solar lowered its sales forecast for the current year on Tuesday, even after reporting a rise in third-quarter profit helped by hig…

United States

US Governors Push Back on PJM After Record-High Power Plant Prices

A group of five governors on Tuesday urged PJM Interconnection, the largest U.S. grid operator, to change the process it uses to determine the price paid to pow…

Natural Gas

Big Oil Sees AI Boom Driving ‘Crazy Demand’ for US Natural Gas

A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming …

Wind Power Project

Developers Nab Leases to Build New England Floating Wind Farms

Avangrid Inc. and Invenergy LLC units secured leases to install wind turbines across some 439,000 acres in the Gulf of Maine during a US government auction Tues…

Hydrogen Project

Ge Vernova To Supply Gas Turbine For YTL Powerseraya’s Hydrogen-ready Power Plant In Singapore

GE Vernova has secured a contract to supply its 9HA.01 gas turbine for YTL PowerSeraya’s new 600MW hydrogen-capable combined cycle gas turbine (CCGT) powe…

Biofuel

Cargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy

Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans due to uncertainty over US biofuels policy.The lack of guidan…

Oil Price

Oil Steadies After 6% Plunge With Focus on Mideast Risk, US Data

Oil steadied — after tumbling the most in more than two years on Monday — as the market focused on the prospect for easing hostilities in the Middle East and …

Solar project

How American Tax Breaks Brought a Chinese Solar Energy Giant to Ohio

From the outside, these are the hallmarks of the 21st century clean energy manufacturing boom promised by the Biden administration, the result of sweeping incen…

Hydrogen Project

Hyzon Motors Launches North America’s First Hydrogen-Powered Refuse Fleet

In a significant stride towards sustainable waste management, Hyzon Motors (HYZN) has announced the development of North America’s first fleet of hydrogen…