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Archive by category Energy & Environment

Fluence to Deliver 200 MW / 400 MWh Energy Storage System for Macquarie Asset Management’s Green Investment Group and Shell Energy’s Rangebank BESS in Cranbourne

MELBOURNE, Australia, April 3 (Korea Bizwire) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, today announced that Fluence has been selected by Macquarie Asset Management’s Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) to deliver the 200 [...]

Hitachi Energy and Petrofac Secure Landmark Offshore Wind Agreement Worth Approximately 13 Billion Euros

Zurich, Switzerland, March 30 (Korea Bizwire) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, and Petrofac, a leading international service provider to the energy industry, have been selected by TenneT, the Dutch-German transmission system operator, to supply multiple offshore and onshore HVDC converter stations and associated infrastructure [...]

Fluence Launches Ultrastack, its Highest-Performance Energy Storage Product to Date, to Transform Transmission and Distribution Grids

ARLINGTON, Va., March 29 (Korea Bizwire) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and cloud-based software for renewables and storage, announced today the release of Fluence Ultrastack™. Ultrastack is an advanced energy storage product designed to transform the way transmission and distribution networks operate around the world [...]

Cooperation Agreement Signed with Sonoma Clean Power for Up to 200 MWe of Eavor-Loop™ in Northern California

CALGARY, Canada, March 28 (Korea Bizwire) — Eavor Technologies Inc. (“Eavor”), the leader in globally scalable geothermal technology, is pleased to announce the signing of a cooperation agreement with Sonoma Clean Power for the development of up to 200 MWe of new geothermal through the GeoZone initiative in Sonoma and Mendocino Counties, California. The Geothermal [...]

CBL International Limited Announces Closing of Initial Public Offering

KUALA LUMPUR, Malaysia, March 28 (Korea Bizwire) — CBL International Limited (NASDAQ: BANL), together with its wholly owned subsidiaries (“CBL International” or the “Company”), is an established marine fuel logistic company currently focusing on the Asia Pacific region, providing one-stop solutions for vessel refueling. CBL International today announced the closing on March 27, 2023 of [...]

Canada’s First Co-Produced Geothermal Power Project is Operational

CALGARY, Alberta, March 22 (Korea Bizwire) — Razor Energy Corp. (“Razor”) (TSXV: RZE) in conjunction with FutEra Power Corp. (“FutEra”), a wholly owned subsidiary of Razor, is pleased to announce it has successfully constructed, commissioned, and is operating its co-produced geothermal power project in Swan Hills, Alberta (the “Project”). The Project is held within FutEra’s [...]

Nikkiso Clean Energy & Industrial Gases Group Announces Expansion of Sales, Service and Engineering Facility in South Africa

TEMECULA, Calif., March 21 (Korea Bizwire) — Nikkiso Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) and operating under Cryogenic Industries, Inc. (USA) is proud to announce yet another expansion of their sales, service and engineering capabilities for the African market. From their facility they will be providing [...]

Italian ENI and CFS Sign Cooperation Agreement for the Development of Fusion Energy

DEVENS, Mass., March 10 (Korea Bizwire) — The Italian energy giant Eni and CFS (Commonwealth Fusion Systems), a spin-out of the Massachusetts Institute of Technology (MIT), thursday signed a cooperation agreement, with the aim of accelerating the industrialization of fusion energy. Eni invested for the first time in CFS in 2018 and is its strategic [...]

Eavor’s Next-generation Geothermal Project Awarded €91,6 Million Grant from the European Innovation Fund

DÜSSELDORF, Germany, March 9 (Korea Bizwire) — Eavor Technologies Inc. and Eavor Erdwärme Geretsried GmbH (together “Eavor”), the leader in globally scalable geothermal closed-loop technology, has been awarded a €91,6 million grant from the European Innovation Fund (“EIF”), in support of the Eavor-Europe™ geothermal project already under construction in Bavaria south of Munich near the [...]

Edison: Solid Operating Performance in 2022, with EBITDA Up 12.4% to 1,1 Billion Euros

MILAN, Italy, Feb. 17 (Korea Bizwire) — Edison’s Board of Directors met yesterday and reviewed the financial statements as at December 31, 2022, which demonstrated a strong growth in sales to 30.4 billion euros, mainly as a result of increased raw material costs. The Company played a strategic role for the country’s energy security, covering [...]