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Archive by category Energy & Environment

Copenhagen Infrastructure Partners and Avangrid Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.

$1.2 billion in capital raised for Vineyard Wind 1 BOSTON and COPENHAGEN, Denmark, Oct. 25 (Korea Bizwire) — Copenhagen Infrastructure Partners (CIP), a global leader in green energy investment, and Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that the Vineyard Wind 1 project closed a [...]

General Fusion and TRIUMF Sign MOU to Develop Key Technologies for New LM26 Fusion Machine

RICHMOND, British Columbia, Oct. 25, 2023 (Korea Bizwire) — TRIUMF, Canada’s particle accelerator centre, and General Fusion, an international leader in the development of commercial fusion energy, announced that they have signed a Memorandum of Understanding (MOU) that provides a framework for scientific and technical collaboration. Under the terms of the agreement, the two globally [...]

Copenhagen Infrastructure Partners Announces Large-scale Project Award for Next Wave of Offshore Wind in New York

1.3 GW project will deliver billions in economic benefits, create thousands of jobs, and provide clean and affordable energy for more than 700,000 homes NEW YORK, Oct. 24 (Korea Bizwire) — Copenhagen Infrastructure Partners, through its development platform Vineyard Offshore, was today awarded 1.3 gigawatts (GWs) in the latest solicitation for offshore wind power held [...]

Hitachi Energy Passes 150 GW in HVDC Links Integrated into the Power System, Expands Capacity to Meet Accelerating Energy Transition Demand

• $3 billion investment globally, in manufacturing and engineering footprint, R&D and partnerships • Workforce expansion with more than 8,000 people hired • 150 GW of HVDC links integrated into the power system by Hitachi Energy Zurich, Switzerland, Oct. 24, 2023 (Korea Bizwire) – Hitachi Energy, a global technology leader that is advancing a sustainable [...]

Hitachi Energy Acquires eks Energy

Strategic acquisition adds advanced power electronics and energy management software capabilities to meet accelerated, global demand for battery energy storage solutions Zurich, Switzerland, Oct. 24, 2023 (Korea Bizwire) -- Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks [...]

Evergreen and CIP Team Up to Explore Green Shipping Fuels

Evergreen targets to achieve net-zero by 2050 in line with the International Maritime Organization’s GHC strategy. To do so, Evergreen has teamed up with the world’s largest fund manager within greenfield renewable energy, Copenhagen Infrastructure Partners for a collaboration on hydrogen-based marine fuels. TAIPEI, Taiwan and COPENHAGEN, Denmark, Oct. 20, 2023 (Korea Bizwire) – Evergreen [...]

Steel Decarbonisation to Redefine Supply Chains by 2050

Wood Mackenzie report says new metallic hubs will emerge as steel industry accelerates carbon abatement efforts LONDON and HOUSTON and SINGAPORE, Oct. 19, 2023 (Korea Bizwire) — According to the latest Horizons report from Wood Mackenzie, the steel industry is set to undergo a significant transformation as decarbonisation efforts accelerate. Titled Metalmorphosis: how decarbonisation is transforming [...]

MENACW 2023 Highlights Future Minerals Forum’s Crucial Role in Shaping Sustainable Mineral Value Chains for the Clean Energy Transition

RIYADH, Saudi Arabia, Oct. 17, 2023 (Korea Bizwire) – The Middle East and North Africa Climate Week (MENACW) 2023, hosted in Riyadh, underscored the pivotal role of the Future Minerals Forum (FMF) in shaping the future of minerals. The panel moderated by Aldo Pennini, Director of Strategy, Program, and Content for FMF, featured distinguished panelists, [...]

Gap Inc., Cargill, and GSK Join the Water Resilience Coalition and WaterAid to Improve Access to Water in India as Part of the Coalition’s 2030 100-Basin Plan

New York, New York, Oct. 17, 2023 (Korea Bizwire) – The Water Resilience Coalition (WRC), an industry-driven, CEO-led initiative convening global companies to address the global water crisis, today announced the launch of the Women + Water Collaborative, a flagship corporate collective action program to improve access to clean water and sanitation in India. Gap [...]

Pacific Green appoints Dane Wilkins as Managing Director of Pacific Green Energy Parks Europe

Dover, DE, Oct. 17, 2023 (Korea Bizwire) – Pacific Green Technologies, Inc. (“Pacific Green”), (OTCQB: PGTK) today announced the appointment of Dane Wilkins as Managing Director of its Pacific Green Energy Parks Europe division, a wholly owned subsidiary of Pacific Green. Dane will take up the post in November 2023 and joins from leading advisory [...]