arcelormittal

Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Innovation

The $450 million Series E financing round was led by American investment company TPG Rise. Form Energy is currently taken part in a site choice procedure for its first full-scale battery manufacturing facility.

Oct 6, 2022 // Markets & Finance News, Storage, energy transition, canada pension plan investment board, Form Energy, Mateo Jaramillo, Energy Impact Partners, The Rise Fund, arcelormittal, Prelude Ventures, Coatue, breakthrough energy ventures, BEV, tpg rise, EIP, Temasek, Ang Eng Seng, Capricorn Investment Group, Choo Yong Cheen, CPP Investments, Leon Pedersen, Marc Mezvinsky, MIT’s The Engine, NGP ETP, TPG Rise Climate, VamosVentures

ArcelorMittal partners Greenko for 975MW 'round the clock' renewable project in India

Steel supplier ArcelorMittal has actually partnered with Indian renewable company Greenko Group to develop a 975MW 'round the clock' wind and solar project in India.

Mar 22, 2022 // Plants, Markets & Finance News, UTILITY-SCALE SOLAR, India, Asia, Andhra Pradesh, Greenko, arcelormittal, Aditya Mittal

ArcelorMittal purchases concentrated solar company Heliogen

ArcelorMittal SA (AMS: MT) has invested a first USD 10 million (EUR 8.2 m) in United States renewable resource technology business Heliogen to sustain the steel producer's decarbonisation initiatives.

Jun 8, 2021 // Markets & Finance News, USA, North America, Heliogen, Bill Gross, arcelormittal

ArcelorMittal looks for solar PPAs for 150 MW in South Africa

The steel supplier intends to authorize power purchase arrangements for 6 operational sites in Vanderbijlpark, Newcastle, Vereeniging, Pretoria, Thabazimbi and Saldanha.

Jul 14, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, South Africa, arcelormittal

South African steel giant looks for companion for 110MW of PV

South Africa-based steel producer ArcelorMittal SA (AMSA) is inviting propositions from independent power producers (IPPs) to develop 2 utility-scale solar projects as it seeks to decrease its energy costs.

Jul 3, 2020 // Plants, Large-Scale, Commercial, IPP, PPA, Africa, South Africa, rfi, arcelormittal

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