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Five charts that define the energy transition

Five charts that define the energy transition

China continues to lead in energy transition with low carbon power LONDON and HOUSTON and SINGAPORE, Dec. 12, 2024 (Korea Bizwire) – As the energy landscape rapidly transforms due to decarbonization, electrification, and geopolitical shifts, Wood Mackenzie has released five compelling charts that highlight key trends shaping the sector in the latest Horizons report. These [...]

Founder Group Enters the US$180 Billion AI Market With AI-Powered Drone Technology for Solar Farm Inspections

Founder Group Enters the US$180 Billion AI Market With AI-Powered Drone Technology for Solar Farm Inspections

KUALA LUMPUR, Malaysia, Dec. 11, 2024 (Korea Bizwire) – Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in Malaysia, is proud to announce its strategic partnership with VC AI Limited (“VC.AI”) to co-develop advanced AI-powered Unmanned Aerial Vehicle (UAV) [...]

Australia’s Rangebank Battery Energy Storage System, Victoria’s Second Largest Battery, Is Opened

Australia’s Rangebank Battery Energy Storage System, Victoria’s Second Largest Battery, Is Opened

MELBOURNE, Australia, Dec. 8 (Korea Bizwire) — Fluence Energy, Inc. (“Fluence” or the “Company”) (NASDAQ: FLNC), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, and project partners Eku Energy, Shell Energy, and Perfection Private, have officially opened the 200 MW / 400 MWh Rangebank Battery Energy Storage System (BESS) [...]

Schneider Electric’s new research forecasts AI’s impact on energy consumption

Schneider Electric’s new research forecasts AI’s impact on energy consumption

The first report explores scenarios of AI’s electricity consumption over the next decade, while the second report demonstrates how AI-powered HVAC systems can improve energy efficiencyThe research was published during IEA’s global conference, where the company is in attendance Rueil-Malmaison, France, Dec. 05, 2024 (Korea Bizwire) – Schneider Electric, the leader in the digital transformation of [...]

Schneider Electric Announces New Solutions to Address the Energy and Sustainability Challenges Spurred by AI

Schneider Electric Announces New Solutions to Address the Energy and Sustainability Challenges Spurred by AI

• Latest announcements bolster company’s mission to decarbonize digital infrastructure, while enabling customers to deploy more sustainable, AI-ready data center solutions anywhere, at scale. • New GB200 NVL72 reference design, co-developed with NVIDIA, provides a proven, validated, and highly energy efficient architecture to support NVIDIA’s new Blackwell chip.• Introduces Galaxy VXL UPS, the industry’s most [...]

Founder Group Secures Conditional Letter of Award Worth Approximately US$68 Million for a 100MW Solar Farm in Malaysia

Founder Group Secures Conditional Letter of Award Worth Approximately US$68 Million for a 100MW Solar Farm in Malaysia

KUALA LUMPUR, Malaysia, Dec. 04, 2024 (Korea Bizwire) – Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), is proud to announce that it has been awarded a conditional Letter of Award (LOA), valued at approximately US$68 million (around RM299,260,000), for the development of a 100-megawatt solar farm in Tanjung Malim, Malaysia. Spanning 900 [...]

Pacific Green expands Australia footprint into New South Wales with strategic land acquisition

Pacific Green expands Australia footprint into New South Wales with strategic land acquisition

Sydney, Dec. 03, 2024 (Korea Bizwire) – Pacific Green, a global battery energy storage company, has secured a parcel of land in Wagga Wagga, New South Wales, where it proposes to establish its next Australian energy park.  The land is strategically co-located near TransGrid’s existing Wagga 330 kV substation and 16 km from the town of [...]

STX Group Expands Its Biofuels Business With Strategic Acquisition of Marine Olie

STX Group Expands Its Biofuels Business With Strategic Acquisition of Marine Olie

Amsterdam, Dec. 03, 2024 (Korea Bizwire) – STX Group, a leading environmental commodities and climate solutions firm, today announces the acquisition of Marine Olie, a leading trader of waste-based advanced feedstocks. This strategic acquisition strengthens STX Group’s position in the biofuels value chain and supports the company’s vision to become a globally leading trader in the [...]

Nexif Ratch Energy and Vietnam’s Khanh Hoa Province Sign Memorandum of Understanding for Development of a 102MW Wind Power Project

Nexif Ratch Energy and Vietnam’s Khanh Hoa Province Sign Memorandum of Understanding for Development of a 102MW Wind Power Project

KHANH HOA, Vietnam, Nov. 29, 2024 (Korea Bizwire) – Nexif Ratch Energy has signed a Memorandum of Understanding (MoU) with the Khanh Hoa Department of Planning and Investment to collaborate for the development of the 102MW Nexif Energy Khanh Hoa 1 Wind Power Project. Nexif Ratch Energy obtained a survey license in May 2021, installed 2 on-site [...]

Valeura Energy Inc.: Jasmine Development Drilling Update

Valeura Energy Inc.: Jasmine Development Drilling Update

SINGAPORE, Nov. 27, 2024 (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 Jasmine field in Licence B5/27 (100% operated working interest), offshore Gulf of Thailand.  Dr. Sean Guest, President and CEO commented: “I am very pleased with [...]