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Hitachi Energy Supports Huge Step in Germany’s Energy Transition

Hitachi Energy Supports Huge Step in Germany’s Energy Transition

Zurich, Switzerland, Aug. 3 (Korea Bizwire) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has won a major order from TenneT and TransnetBW, two of Germany’s four transmission system operators, to supply a transmission solution for the SuedLink DC4 high-voltage direct current (HVDC) interconnection [...]

Shell plc Publishes Second Quarter 2022 Press Release

Shell plc Publishes Second Quarter 2022 Press Release

London, July 28, 2022 “With volatile energy markets and the ongoing need for action to tackle climate change, 2022 continues to present huge challenges for consumers, governments, and companies alike. Consequently, we are using our financial strength to invest in secure energy supplies which the world needs today, taking real, bold steps to cut carbon [...]

INGOT Obtains FSA License and Opens New Office in Seychelles

INGOT Obtains FSA License and Opens New Office in Seychelles

PLAISANCE, Republic of Seychelles, July 20, 2022 (Korea Bizwire) – INGOT Global Ltd. (“INGOT”) today announces the recent obtainment of a Seychelles Financial Service Authority (FSA) license and the opening of its first physical office in the island country. The Seychelles office will strengthen INGOT’s worldwide presence while presenting premium trading services to investors from all walks [...]

Hitachi Energy and H2 Green Steel Partner to Leverage Electrification, Digitalization, and Hydrogen for Green Steel Production

Hitachi Energy and H2 Green Steel Partner to Leverage Electrification, Digitalization, and Hydrogen for Green Steel Production

Zurich, Switzerland, July 20 (Korea Bizwire) — Hitachi Energy today announces that it has signed a Memorandum of Understanding (MoU) with H2 Green Steel to leverage electrification, digitalization, and hydrogen to support the decarbonization of the steel industry. H2 Green Steel, a Swedish industrial start-up, is on a mission to accelerate the global steel industry’s [...]

EXCEL and Petróleos Internacionales del Caribe Announce Signing of Strategic EPC Partnership for PIC Americas

EXCEL and Petróleos Internacionales del Caribe Announce Signing of Strategic EPC Partnership for PIC Americas

HOUSTON, July 14 (Korea Bizwire) — EXCEL (“EXCEL”™) Petróleos Internacionales del Caribe (“PIC”) and its operating division in Mexico, Petróleos Internacionales del Caribe Inc., Sucursal México (“PICMEX”)  jointly announced today the signing of a Strategic Engineering, Procurement and Construction Partnership, “Exclusive Agreement” with PIC for the engineering, procurement and construction of PIC’s key Export Facilities in [...]

Hitachi Energy Wins Order to Connect One of the World’s Largest Offshore Wind Farms to the UK Power Grid

Hitachi Energy Wins Order to Connect One of the World’s Largest Offshore Wind Farms to the UK Power Grid

Zurich, Switzerland, July 14 (Korea Bizwire) — Hitachi Energy, the global technology and market leader in power grids, today announced it has won a major order from Ørsted, the world-leading renewable energy company, to provide two high-voltage direct current (HVDC) systems to transmit green electricity from the Hornsea 3 wind farm, located more than 120 [...]

General Fusion Names Greg Twinney as Chief Executive Officer

General Fusion Names Greg Twinney as Chief Executive Officer

VANCOUVER, British Columbia, July 7 (Korea Bizwire) — General Fusion announced today that its Board of Directors has appointed Greg Twinney to the role of Chief Executive Officer, effective immediately. Greg succeeds Christofer Mowry, who has resigned after serving as General Fusion’s Chief Executive Officer for more than five years, leading the company through the [...]

Fluence Announces India Technology Centre, Underscoring Commitment to the Region and Execution of Global Product Strategy

Fluence Announces India Technology Centre, Underscoring Commitment to the Region and Execution of Global Product Strategy

BANGALORE, India, July 6 (Korea Bizwire) — Fluence Energy, Inc. (“Fluence”) (Nasdaq: FLNC), a global market leader in energy storage products, services, and digital applications for renewables and storage, today announced the opening of a new global technology centre in Bangalore. The Fluence India Technology Centre supports the execution of the company’s global product strategy [...]

Eavor Selects Turboden as Supplier for Development of Power Plant to be Deployed with Closed-loop Geothermal System in Germany

Eavor Selects Turboden as Supplier for Development of Power Plant to be Deployed with Closed-loop Geothermal System in Germany

CALGARY, Alberta, DÜSSELDORF, Germany and BRESCIA, Italy, July 5 (Korea Bizwire) — Eavor, the leader in scalable geothermal energy, has selected Turboden S.p.A. (“Turboden”) for the development of their project in the South of Germany in Geretsried (Bavaria). This investment in Turboden’s Organic Rankine Cycle (“ORC”) system will be used in the first commercial Eavor-Loop™ [...]

Fluence and Rich Electric Announce Partnership to Deploy the First 100 MW Level Battery-Based Energy Storage System in Taiwan

Fluence and Rich Electric Announce Partnership to Deploy the First 100 MW Level Battery-Based Energy Storage System in Taiwan

TAIPEI, Taiwan, July 4 (Korea Bizwire) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and digital applications for renewables and storage, today announced a strategic partnership with Rich Electric, a Taiwanese company with expertise in power conversion and battery-based energy storage systems. Through this partnership, Fluence and Rich Electric will [...]