London, July 27 (Korea Bizwire) “Shell delivered strong operational performance and cash flows in the second quarter, despite a lower commodity price environment. Today we are delivering on our Capital Markets Day commitment of a 15% dividend increase. We are going further on our buyback guidance by commencing a $3 billion programme for the next [...]
Zurich, Switzerland, July 26 (Korea Bizwire) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has been selected as preferred technology provider of SSEN Transmission and National Grid, to supply two high-voltage direct current (HVDC) converter stations to interconnect the Scottish and English power grids. [...]
MILAN, Italy, July 18 (Korea Bizwire) — Gabetti Lab and Edison Energia announce the entry into operation of the first three consortium energy communities in Bergamo, San Lazzaro di Savena (BO) and Dalmine (BG). The agreement, started in 2021, envisages an ambitious plan to develop condominium energy communities in Italy. To date, the two partners have more [...]
HONG KONG, July 14 (Korea Bizwire) — On July 14, 2023, Banle Energy International Limited, a subsidiary of CBL International Limited (NASDAQ: BANL) (the “Company”), partnering with ASB Biodiesel (Hong Kong) Limited and Seven Seas Oil (Hong Kong) Limited completed our very first B24 biofuel bunkering operation in Hong Kong, with Saybolt as an international [...]
LATHAM, N.Y., July 11 (Korea Bizwire) – Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has been selected to supply two 5-megawatt (MW) proton exchange membrane (PEM) electrolyzer systems for green hydrogen projects in Tasmania, Australia, under development by Countrywide Hydrogen Pty Ltd, a wholly-owned subsidiary of ReNu [...]
BAYREUTH, Germany and ERLANGEN, Germany, July 11 (Korea Bizwire) — Transmission grid operator TenneT and Fluence Energy GmbH (Fluence), a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC) today sealed their cooperations on two Netzboosters (Grid Boosters) with a contract signing at Fluence’s technology centre in Erlangen. The Grid Boosters will deploy Fluence Ultrastack, an advanced energy storage [...]
COPENHAGEN, Denmark and SEOUL, South Korea, June 21 (Korea Bizwire) — The investments from CIP’s Flagship funds will support the development and construction of GW-scale offshore wind projects in Korea, where CIP since 2018 has been developing offshore wind projects and secured Electricity Business License for those projects. The projects include both fixed bottom and [...]
Zurich, Switzerland, June 15 (Korea Bizwire) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it won an order from Electricity Interconnection France-Spain (Inelfe), the joint venture bringing together operators of the Spanish (Red Eléctrica) and French (RTE) electricity transmission networks, in charge of the construction [...]
CALGARY, Alberta and VIENNA, Austria , June 14 (Korea Bizwire) — Eavor Technologies Inc. (“Eavor”), the leader in globally scalable geothermal closed-loop technology, has completed the first close of their Series B equity round. OMV AG (“OMV”) leads the round with a €34 million (C$50mm) investment and has entered into a commercial agreement with Eavor [...]
MELBOURNE, Australia, June 13 (Korea Bizwire) — ENGIE and project partners Eku Energy and Fluence have delivered another milestone at the site of the former Hazelwood Power Station in the Latrobe Valley in Victoria, with the commissioning of the Hazelwood Battery Energy Storage System (BESS) today. Marking a new era in Australia’s energy transition, Hazelwood [...]