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Archive by category Energy & Environment

World First: TMC USA Submits Application for Commercial Recovery of Deep-Sea Minerals in the High Seas Under U.S. Seabed Mining Code

Throughout the 1970-1990s, America was a pioneer in deep-sea mining. Following last week’s Executive Order, TMC’s applications pave the way for America’s return to leadership in this exciting industry. Following last week’s Executive Order, ‘Unleashing America’s Offshore Critical Minerals and Resources’, TMC USA has submitted applications to the National Oceanic and Atmospheric Administration (NOAA) for two exploration [...]

Copenhagen Infrastructure Partners to partially divest Coalburn 1

Coalburn 1 is a 500MW construction-stage battery project, which is set to become the biggest of its kind in Europe COPENHAGEN, Denmark, April 28, 2025 (Korea Bizwire) — Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure IV (CI IV), has signed an agreement to divest a 50% ownership stake, upon site commissioning, [...]

TMC Welcomes U.S. Executive Order to Expedite Permitting and Evaluate Offtake of Critical Minerals from Nodules in the High Seas

Entitled ‘Unleashing America’s Offshore Critical Minerals and Resources’, the Executive Order directs Commerce Secretary Lutnick to expedite deep seabed mineral exploration licenses and commercial recovery permits in international waters under the existing U.S. seabed mining code The Order also directs the Secretaries of Defense and Energy to address the feasibility of using the National Defense [...]

Global surge in energy innovation as TERA-Award draws record-breaking 785 entries

HONG KONG, April 25, 2025 (Korea Bizwire) — In a testament to the accelerating global push for climate tech solutions, this year’s TERA-Award has drawn innovators from around the world, shattering previous participation records. The smart energy competition closed applications in early April with 785 submissions from 76 countries and regions—the highest in its four-year [...]

GBI Launches 2024 Impact Report During Earth Week; Honors Colorado Mesa University’s Asteria Theatre as Green Globes Project of the Year

PORTLAND, Ore., April 24, 2025 (Korea Bizwire) – The Green Building Initiative (GBI) is pleased to share its third annual Impact Report and recognize the Green Globes® Project of the Year award winners during the fifty-fifth anniversary of Earth Week. The 2024 Impact Report highlights organizational and community achievements in 2024 – GBI’s twentieth and most [...]

Nexif Ratch Energy Signs Amended Power Purchase Agreements for Its Ben Tre Wind Power Project, Accelerating Path to Financial Close

BEN TRE, Vietnam, April 24, 2025 (Korea Bizwire) – Nexif Ratch Energy has reached a key milestone in the development of its 80MW Ben Tre Wind Power Plant project, having successfully signed Amendment and Supplement Agreements to the original Power Purchase Agreements (PPAs) with Vietnam Electricity (EVN) on 18 April 2025. With the expiration of the Feed-in Tariff (FiT) [...]

Fluence Releases Fiscal Year 2024 Sustainability Report

Report highlights implementation of responsible sourcing framework, including the assessment of 844 suppliers, as well as progress on other sustainability efforts ARLINGTON, Va., April 22, 2025 (Korea Bizwire) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a global market leader delivering intelligent energy storage, services, and asset optimization software, today released its fiscal year 2024 Sustainability [...]

LyondellBasell advances sustainability leadership in 2024 Sustainability Report: From Vision to Value

HOUSTON, April 15, 2025 (Korea Bizwire) — LyondellBasell (NYSE: LYB), a global leader in the chemical industry, today released its 2024 Sustainability Report, demonstrating significant progress in circular and low-carbon solutions, climate action and operational excellence. “At LYB, sustainability is an opportunity to reimagine the future and create long-term value,” said Peter Vanacker, CEO of [...]

Valeura Energy Inc.: Q1 2025 Operations and Financial Update

SINGAPORE, April 09, 2025 (Korea Bizwire) — Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to provide an update on Q1 2025 operations. Highlights Operations continuing smoothly, with oil production averaging 23.9 mbbls/d(1); Continual programme of development and appraisal drilling throughout the quarter; Strong ongoing safety performance, with no lost time injuries; [...]

CBL International Limited Announces 2024 Annual Results at Webcast

KUALA LUMPUR, Malaysia, April 08, 2025 (Korea Bizwire) – CBL International Limited (NASDAQ: BANL), the Nasdaq-listed entity of Banle Group, today announced it will file its Annual Report on Form 20-F for 2024 on April 16, 2025, followed by a live webcast on April 17, 2025, at 10:00 AM HKT (April 16, 10:00 PM ET). Management will discuss the Group’s performance, strategic initiatives, and market [...]