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LGES to Construct $5.5 bn Battery Plant in Arizona
The objective of LGES is to step up EV and also ESS battery production in The United States and Canada. The complicated will certainly have two different production facilities: cylindrical batteries for EVs as well as lithium iron phosphate (LFP) pouch-type batteries for energy storage systems.
Mar 27, 2023 // Markets & Finance News, Storage, LG Energy Solution, Youngsoo Kwon, cylindrical battery, Inflation Reduction Act, LGES, largest standalone battery factory in USA, North America battery market, Queen Creek battery factory by LG
Australia’s AEMC calls for energy pricing and transmission overhaul
The Australian Energy Market Commission (AEMC) has released a new paper outlining a blueprint to coordinate generation and transmission investments. The draft proposal seeks to overhaul wholesale pricing and transmission access to lower electricity costs and the ever-increasing risks inherent in getting new renewable energy generation capacity into the network.
Oct 16, 2019 // Markets & Finance News, Australia, Oceania, aemc, Chairman John Pierce
DTEK Investing €140M in 200 MW Energy Storage
DTEK's EUR 140 million investment in energy storage will bolster Ukraine's grid, ensuring security and resilience amid challenges. Operational by 2025, this marks a transformative step forward.
Sep 13, 2024 // Storage, Ukraine, DTEK, Europe
Cypark confirms solar power project win in Marang
Cypark Resources Bhd, together with its consortium partner Impian Bumiria Sdn Bhd, has won a competitive bid to develop a large scale solar photovoltaic (LSSPV) plant of 100 megawatts of alternating current (MWac) in Marang, Terengganu.
Dec 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Malaysia, Asia, Cypark Resources Bhd, Energy Commission Malaysia
Pertamina Invests in Philippine Renewable Energy Firm Citicore
PT Pertamina Power Indonesia leaps into the Philippine renewable energy sector, acquiring a 20% stake in Citicore, signaling a bold commitment to sustainable growth and green innovation.
Jan 15, 2025 // Markets & Finance News, PT Pertamina Power Indonesia
DCC Shifts Focus to Energy Amid Strategic Overhaul
DCC plc is pivoting to energy, selling its healthcare division and refining technology, all while boosting profits and emphasizing sustainable growth. A dynamic shift for a brighter future!
Nov 12, 2024 // Markets & Finance News, DCC
Indonesian Anantara Joins the Listing of Singapore's Renewable Energy Suppliers
A USD 5 billion (EUR 4.64 bn) JV in between Quantum Power Asia and ib vogt GmbH Anantara project will certainly generate more than 3.5 GW as well as shop 12GWh of renewable energy Singapore plans to import approximately 4GW of clean energy by 2035
May 2, 2022 // Markets & Finance News, Masdar, ib vogt GmbH, Quantum Power Asia, AAPowerLink, Anantara, Anantara Energy Holdings Pte Ltd, Union Energy Corp, UEC
Brazil Boosts Renewable Energy with 609 MW Expansion
Brazil powers up! In September 2024, the nation surged ahead with 609.03 MW from solar and wind, bolstering its renewable energy landscape. Clean energy shines bright!
Oct 8, 2024 // Markets & Finance News, South america, Brazil
Cryptocurrency promoting transition to green energy
Cryptocurrency and its mining processes have often been blamed for their negligence of the environment as the tremendous amounts of energy required to power the business has even surpassed the power consumption of some small nations on the planet. This is further echoed by the fact that the energy requirements are often fulfilled by unsustainable methods, such as fossil-fuel based electricity generation, leading to carbon pollution at the hands of the industry.
Feb 25, 2021 // Technology, Software, Blockchain, mining, green energy, cryptocurrency
Silicon Ranch Powers Denso with Tennessee Solar Arrays
Silicon Ranch powers Denso's Tennessee plants with solar energy, ensuring clean power and price stability, as industrial solar portfolios expand across the U.S.
Sep 4, 2025 // Plants, Large-Scale, Commercial, USA, North America, Silicon Ranch, Denso, Tennessee, corporate power
Deriva Energy Launches 140-MW Solar Park in Colorado
Deriva Energy's new 140-MW Spanish Peaks solar park boosts Colorado's renewable efforts, delivering 373,000 MWh annually and supporting Tri-State's ambitious goal for 50% green energy by 2025!
Jan 10, 2025 // Plants, Large-Scale, Commercial, USA, Colorado, North America, PV Power Plant, Deriva Energy
Avacon, SAB WindTeam to invest EUR 500m in renewables in Lower Saxony
German energy business Avacon AG as well as project programmer SAB WindTeam GmbH have actually signed up with pressures to invest greater than EUR 500 million (USD 548.45 m) in onshore wind and solar projects in Lower Saxony.
Apr 6, 2022 // Markets & Finance News, Germany, Europe, Avacon, SAB WindTeam
Italian PPA-linked solar profile offered
Chinese-Canadian module maker Canadian Solar and also Italy's Manni Energy have actually marketed 5 PV plants with a complete generation ability of 17 MW to Dutch independent power manufacturer Sonnedix. The Sicilian projects are amongst Italy's initial functional unsubsidized PV centers.
Mar 23, 2020 // Manufacturing News, Markets & Finance News, Canadian Solar, Italy, PPA, China, Sonnedix, Europe, Asia, Manni Energy
BayWa to sell 49 percent risk of BayWa r.e. for EUR530 million
BayWa AG has concluded its investor search for the organized funding boost at BayWa r.e. Renewable Energy GmbH.
Dec 11, 2020 // Markets & Finance News, BayWa, Klaus Josef Lutz
Pivot Energy Secures $450M Funding for Solar Development
Pivot Energy secures $450 million to power 300 MW of solar projects, boosting community initiatives and commercial deals across nine states. A green future is on the horizon!
Nov 22, 2024 // Markets & Finance News, pivot energy