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Archive by category Energy & Environment

World First: TMC and PAMCO Achieve a New Nodule Processing Milestone, Unlocking Critical Energy & Steelmaking Materials at Existing Facilities

TMC and PAMCO have successfully demonstrated the production flowsheet for its initial commercial production using a 2,000-tonne sample of nodules collected during TMC subsidiary Nauru Ocean Resources Inc.’s 2022 test mining, at PAMCO’s commercial operating facility in Hachinohe, Japan Following the commercial-scale production of calcine in September 2024, PAMCO engineers fed calcine material into the company’s 3,000 kVA DC [...]

WillScot Broadens Capital Allocation by Initiating Cash Dividend Program

PHOENIX, Feb. 18, 2025 (Korea Bizwire) – WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced that its Board of Directors (“Board”) has declared the initiation of a quarterly cash dividend program consistent with the Company’s commitment to returning capital to shareholders, while continuing to invest in [...]

BYD Energy Storage Signed World’s Largest Grid-scale Battery Storage Projects of 12.5GWh

SHENZHEN, Feb. 17, 2025 (Korea Bizwire) – Recently, BYD Energy Storage and Saudi Electricity Company successfully signed the world’s largest grid-scale energy storage projects contracts with a capacity of 12.5GWh at the time. Combined with the previously delivered 2.6GWh project, the total cooperation now has amounted to a massive 15.1GWh of projects. This cooperation is [...]

Fluence Unveils Smartstack, a High-Density AC-based Energy Storage Platform with a Breakthrough Modular Design

Backed by Fluence’s industry-leading project deployment expertise, Smartstack delivers advanced intelligence, approximately 30% higher energy density compared to other leading market solutions, and drives enhanced overall project economics ARLINGTON, Va., Feb. 13, 2025 (Korea Bizwire) – Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a global market leader delivering intelligent energy storage, services, and asset optimization software, [...]

Valeura Energy Inc.: Record Reserves and Resources at Year-End 2024: 2P Reserves Replacement Ratio of 245%

SINGAPORE, Feb. 13, 2025 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce the results of its third-party independent reserves and resources assessment as at year-end 2024. Highlights Record high year-end reserves: 32 MMbbl proved (1P), 50 MMbbl proved plus probable (2P) and 60 MMbbl proved plus probable [...]

Sustainability Economics and Gujarat Power Corporation Limited Sign MoU to Accelerate the Convergence of AI and Clean Energy

Ahmedabad- India, Feb. 07, 2025 (Korea Bizwire) – Ahmedabad, India – In a groundbreaking move to accelerate the convergence of artificial intelligence (AI) and clean energy, Sustainability Economics and Gujarat Power Corporation Limited (GPCL) have signed a Memorandum of Understanding (MoU). This strategic partnership aims to integrate two transformative megatrends through an innovative approach, fostering [...]

Copenhagen Infrastructure Partners commences construction on a 960 MWh battery energy storage project in Australia

Summerfield, a four-hour 240 MW / 960 MWh battery energy storage system, is expected to be operational in 2027 MELBOURNE, Australia and COPENHAGEN, Denmark, Feb. 07, 2025 (Korea Bizwire) – Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has issued notice to proceed to start construction of the 240 MW / [...]

Clean Core Thorium Energy Raises $15.5M in Series Seed

CHICAGO, Feb. 06, 2025 (Korea Bizwire) – Clean Core Thorium Energy (CCTE) has raised a $15.5M Series Seed round of financing to advance the ANEEL fuel – a patented blend of thorium & HALEU designed to be seamlessly deployed into existing reactors. With plans to commercialize in 2026, the capital will be used towards solidifying the company’s [...]

Ingredion Incorporated Reports Strong 2024 Fourth Quarter and Full-Year Results

Full-year 2024 reported and adjusted* EPS were $9.71 and $10.65, compared with $9.60 and $9.42 in the full-year 2023, respectively Full-year 2024 cash from operations was $1,436 million, which benefited from approximately $400 million favorable change in working capital balances as corn costs decreased In 2024, the Company returned $426 million to shareholders, including $216 [...]

Homeowners not leveraging available technology to reduce energy costs and emissions, says report from Schneider Electric

Although 70% of survey respondents recognize the importance of reducing their carbon footprint, many are still opting for small-scale solutions.Turning off lights is the most common energy-saving method, but accounts for just 5% of average energy bills. However, only 44% of respondents adjusted their ambient temperature, representing over half of household energy use. Rueil-Malmaison, France, [...]