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Archive by category Energy & Environment

Pacific Green Enters Into Transaction to Sell Its 249MW / 373.5MWh Sheaf Energy Park Battery Development for an Enterprise Value of £210 Million (US$258 Million)

Dover, DE, Nov. 07, 2023 (Korea Bizwire) – Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) announces that it has entered into a transaction to sell 100% of the shares in Pacific Green Battery Energy Parks 2 Limited (“PGBEP2”) to Sosteneo Fund 1 HoldCo S.à.r.l. (“Sosteneo HoldCo”) for £210 million (US$258 million) (the “Transaction”). PGBEP2 [...]

Pacific Green Reaches Financial Close for £120 Million (US$146 Million) of Funding for Its 249 MW / 373.5 MWh Sheaf Energy Park Battery Development

Dover, DE, Nov. 03, 2023 (Korea Bizwire) – Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) announces that it has reached financial close on a £120 million (US$146 million) senior debt facility (the “Facility”) for Pacific Green’s 249 MW / 373.5 MWh Sheaf Energy Park battery energy storage system in Kent, England (“Sheaf Energy Park”). [...]

Schneider Electric Finalizes Acquisition of EcoAct

Rueil-Malmaison (France), Nov. 02, 2023 (Korea Bizwire) – Schneider Electric, the global leader in the digital transformation of energy management and automation, announces that subsequent to entering into exclusive negotiations with Atos Group on July 3, 2023 it has finalized the acquisition of EcoAct SAS (“EcoAct”), an international leader in climate consulting and net zero solutions headquartered [...]

Shell plc Publishes Third Quarter 2023 Press Release

London, November 2, 2023 (Korea Bizwire) – “Shell delivered another quarter of strong operational and financial performance, capturing opportunities in volatile commodity markets. We continue to simplify our portfolio while delivering more value with less emissions. Shell is commencing a $3.5 billion buyback programme for the next three months, bringing the buybacks for the second half [...]

PM Hasina and GCA CEO Meet Ahead of COP28; Commit to Drive $1bn in Climate Finance in Support of Mujib Climate Prosperity Plan

Dhaka, Bangladesh, Oct. 31, 2023 (Korea Bizwire) – The Global Center on Adaptation CEO, Professor Patrick Verkooijen, concluded a high-level mission to Bangladesh with the following statement: “I wish to thank Her Excellency Prime Minister Sheikh Hasina for her gracious hospitality and constructive discussions on the deep and longstanding partnership between GCA and the Government [...]

The Metals Company Releases Second Annual Impact Report

TMC’s second annual Impact Report outlines the Company’s vision to create a carefully managed, reusable metal commons, starting with unlocking the planet’s largest undeveloped source of battery metals, as the world seeks to address the climate crisis The Company outlines its impacts to date as well as the anticipated impacts and mitigation measures for the [...]

Tomorrow.Blue Economy Explores an Ocean of Opportunities for a Sustainable Future

BARCELONA, Spain, Oct. 31, 2023 (Korea Bizwire) – Promoting and developing the potential of the blue economy and encouraging the preservation of marine and ocean resources as an engine for economic growth, this is the aim of Tomorrow.Blue Economy (TBE), an event that will gather international experts from 7 to 9 November at Fira de [...]

Veteran Energy Executive, Mark Little, Joins General Fusion’s Board of Directors

RICHMOND, British Columbia, Oct. 31, 2023 (Korea Bizwire) – Today, General Fusion announced the appointment of Mark Little to its Board of Directors. Mark is an esteemed senior executive in the energy industry with over 35 years of experience leading large, complex organizations as they advance multi-billion-dollar energy projects from conceptual design, development, and project [...]

Copenhagen Infrastructure Partners and Tenaska to Develop Green Hydrogen Projects in the U.S.

Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I (CI ETF I), the largest dedicated clean hydrogen fund globally, and Tenaska further strengthen their relationship by entering into an agreement to ramp up development of gigawatt-scale green hydrogen projects in the U.S. NEW YORK and OMAHA, Neb. and COPENHAGEN, Denmark, Oct. 26, 2023 (Korea [...]

Capital Raise of $182 Million Confirms Eavor as the Leader in Scalable Geothermal

CALGARY, Alberta, Oct. 25 (Korea Bizwire) — Eavor Technologies Inc., (“Eavor”) a pioneer in the field of advanced geothermal energy solutions today announces the successful completion of $182 million in financing. This significant investment will enable Eavor to accelerate the development and deployment of its revolutionary geothermal technology. The equity round was led by OMV [...]