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Archive by category Energy & Environment

Pow.Bio Unveils State-of-the-Art Facility in Alameda, Expanding Biomanufacturing Capabilities to Support Demand for Continuous Fermentation

ALAMEDA, Calif., March 05, 2025 (Korea Bizwire) – Pow.Bio, a leader in innovative biomanufacturing solutions, is pleased to announce the opening of its new cutting-edge facility in Alameda, California. The new 25,000 sq ft facility, located at Marina Village in Alameda, boasts state-of-the-art production facilities equipped with AI-enabled continuous fermentation capabilities, enabling partners to achieve target [...]

Wood Mackenzie launches Lens Power & Renewables

Combined data analytics offering provides a 360-degree view of the power sector to pinpoint the most attractive investment trends and growth opportunities. LONDON/HOUSTON/SINGAPORE, 4 March 2025 - Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched Lens Power & Renewables, a new suite of products with interconnected data, analytics, and insights to [...]

Manora Drilling Update: Valeura Energy

SINGAPORE, March 03, 2025 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce the successful completion of an infill drilling campaign at the Manora field in Licence G1/48 (70% operated working interest), offshore Gulf of Thailand. Dr. Sean Guest, President and CEO commented: “Our most recent drilling at [...]

Saudi Arabia’s Ministry of Energy awards prestigious feedstock allocation for joint project between Sipchem and LyondellBasell

Award marks important milestone in feasibility study of Saudi-based world-scale steam cracker and derivatives AL KHOBAR, Kingdom of Saudi Arabia and HOUSTON, Feb. 27, 2025 (Korea Bizwire) – Sipchem and LyondellBasell (LYB) have been awarded a feedstock allocation from the Ministry of Energy of Saudi Arabia supporting a joint feasibility study for a world-scale mixed [...]

Copenhagen Infrastructure Partners acquires Morecambe, a fixed-bottom offshore wind project in the United Kingdom

Morecambe is a 480MW advanced stage fixed bottom offshore wind project with good fundamentals and located off the west coast of England COPENHAGEN, Denmark, Feb. 26, 2025 (Korea Bizwire) – Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure V (CI V), has signed a transaction to acquire the full ownership of offshore [...]

Pacific Green Signs Agreement to Sell Its 250MW / 500MWh Limestone Coast North Battery Energy Park Development

Sydney, Feb. 21, 2025 (Korea Bizwire) – Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) announces that it has signed binding documentation for the sale of 100% of the shares in its Limestone Coast North Energy Park to Intera Renewables (Intera) in a deal representing an enterprise value of A$460 million (US$293 million) (the “Transaction”). The [...]

Natural gas remains the crucial bridge in the energy transition, yet challenges persist

Wood Mackenzie report highlights gas’s role in supporting renewables and reducing emissions; carbon prices needed to support LNG’s displacement of coal; analysis shows LNG is 60% less GHG-intensive than coal LONDON/HOUSTON/SINGAPORE, February 20, 2025 – Natural gas will play a vital role in the energy transition, supporting the expansion of renewables and accelerating the shift away [...]

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 [...]