Company news - Page 1

Energia crowdfunding to advance Na and Li-ion technology
Tuesday, April 09, 2024 by Energia Power Systems, a power storage company developing rechargeable sodium-ion and lithium-ion batteries, has announced the launch of a crowdfunding campaign on Wefunder.

Adani Green renewable portfolio reaches 10 000 MW
Tuesday, April 09, 2024 by Adani Green Energy Ltd, an arm of multinational conglomerate Adani Group, India’s largest such group and one of the world’s most prominent renewable energy companies, has announced...

Duke to sell stake in Pioneer Transmission
Tuesday, April 09, 2024 by Duke Energy on 4 April announced that it had reached an agreement to sell its 50% ownership interest in Pioneer Transmission LLC to John Laing Group, an international investor and...

Google, Microsoft, and Nucor in new aggregating initiative
Tuesday, March 26, 2024 by Google LLC, Microsoft Corp, and Nucor Corp have announced that they will work together across the electricity ecosystem to develop new business models and aggregate their demand...

Wärtsilä to lead €200 million ecosystem collaboration
Tuesday, February 20, 2024 by Technology group Wärtsilä will lead a five-year collaboration of more than 200 Finnish companies, industrial organisations, research institutes, and universities in a ‘Wide &...

Masdar expands its European presence
Tuesday, December 05, 2023 by Abu Dhabi Future Energy Company PJSC – aka Masdar – and Taaleri Energia, a Finland-based renewable energy developer and fund manager, have announced the acquisition of eight...

Siemens Gamesa recovery plan
Tuesday, November 28, 2023 by At its third Capital Market Day in Hamburg, Germany, Siemens Energy presented a strategic outlook for the benefit of analysts and investors. The company’s executive board outlined a...

ACWA, Masdar and SOCAR sign MoU for 500 MW RE projects in Azerbaijan
Tuesday, November 14, 2023 by ACWA Power has signed a Memorandum of Understanding with Abu Dhabi Future Energy Company, also known as Masdar, and State Oil Company of Azerbaijan Republic (SOCAR) to develop 500 MW...

DTEK wins Hague case over seized Crimean assets
Tuesday, November 07, 2023 by In a ruling handed down on 2 November, the International Arbitral Tribunal seated in the Hague has ordered Russia to pay DTEK $267 million in damages for the seizure of company assets...

Statkraft now sole owner of its Brazilian subsidiary
Tuesday, September 19, 2023 by Statkraft has purchased 18.69% of the shares in its Brazilian subsidiary Statkraft Energias Renováveis (SKER) from Fundação dos Economiários Federais (Funcef), the third largest...

Sumitomo establishes RE company in the USA
Tuesday, September 19, 2023 by Sumitomo Corporation, through Sumitomo Corporation of Americas, together with Advantage Capital has established Perennial Renewables LLC, ‘PR’, a company that develops renewable...

DNV acquires Nixu to safeguard against cyber security risks
Tuesday, June 27, 2023 by DNV is to fully acquire Helsinki-headquartered cyber security services firm Nixu following a public tender offer which resulted in DNV taking ownership of more than 93% of Nixu’s shares.

Prysmian invests in new plant strategy
Tuesday, June 06, 2023 by Prysmian Group is to invest around €120 million in its strategic plant in Pikkala, Finland. The investment – in addition to the €100 million already provided in 2022 – is aimed at...

Uniper ‘does not expect any further losses from gas supply obligations’
Tuesday, May 30, 2023 by ‪Uniper believes its precarious position has now stabilised and says that it does not expect any further financial losses from the replacement procurement of gas volumes arising from...

Mexico’s ‘new nationalisation’ prompts sale of Iberdrola assets
Tuesday, April 11, 2023 by Iberdrola is selling the bulk of its Mexican power-generating assets to a state-owned fund for $6 bn, using the proceeds to accelerate its investments in the US and Europe. An...

Rigged tenders?
Wednesday, March 15, 2023 by RWE Renewables UK is pursuing a damages claim of £9.24 million against two Prysmian Group member companies under the Appeal Tribunal Rules 2015 of the UK’s Competition Act 1998. The...

Argus launches price index for low-carbon ammonia
Tuesday, February 28, 2023 by Global energy and commodity price reporting agency Argus has launched a suite of new cost indicators for the production of ammonia, which looks set to play an important role in the...

Vestas unveils circularity solution for WTG blades
Tuesday, February 14, 2023 by Vestas is working on commercialisation of a new solution that would bring epoxy-based turbine blades into a circular economy, without the need for changing the design or composition...

Uniper initiates arbitration proceedings against Gazprom
Tuesday, December 06, 2022 by Uniper has initiated arbitration proceedings against Russia's Gazprom Export (GPE) before an international arbitral tribunal. In the proceedings, which will take place in...