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Neustark secures $69 million in funding to expand carbon removal solution globally
Growth equity funding round led by Decarbonization Partners, with participation from Blume Equity, to propel neustark’s expansion across Europe, North America, and Asia-Pacific, and support its mission to remove 1 million tons of CO2 in 2030. Existing backers Siemens Financial Services, Verve Ventures, ACE Ventures, and Holcim continue their support, and UBS adds debt financing. The… Read more »
NEW DNV SURVEY HIGHLIGHTS OIL AND GAS SECTOR PARADOX
Industry must balance increasing demand for petroleum products and growing pressure to transition to low-carbon energy sources to reduce emissions A recent DNV survey reveals that 64% of oil and gas industry leaders say that the pace of the energy transition is accelerating, while 68% are optimistic about sector growth despite lingering impacts from the… Read more »
St. John’s Shipbuilding Continues Commitment to Offshore Wind with Third CTV Delivery
St. Johns Ship Building, Palatka, FL — St. Johns Ship Building, a Palatka, Florida-based Jones Act facility owned by Americraft Marine, is pleased to announce the delivery of the Windea Enterprise, the second of three Jones Act-compliant Incat Crowther 30m Crew Transport Vessels (CTV) ordered by WINDEA CTV, LLC, a partnership of Hornblower Wind and… Read more »
Titan Wind Energy announces the investment decision for a Monopile production plant in Cuxhaven-Germany
600 jobs and up to EUR 300 million investment for XXXL monopiles Cuxhaven/Germany, The Titan Group has made the final investment decision to build a state-of-the-art production facility for monopiles in Cuxhaven in Northern Germany. Up to EUR 300 million will be invested with production ramp up in 2025. Monopiles with a diameter of up… Read more »
Ginlong (Solis) Technologies and TÜV Rheinland Announce Strategic Partnership to Advance Clean Energy During Intersolar 2024
Ginlong (Solis) Technologies, the world’s third-largest PV inverter manufacturer, has announced a strategic working agreement with TÜV Rheinland (Shanghai) Co., Ltd., the industry-leading research and testing body. This partnership brings together two leaders in technology and innovation, united by their vision for dedicated excellence in testing and certification. Strategic Alliance to Drive Continuous Improvement in… Read more »
Supporting the right small changes can have big impacts
Small changes in our everyday actions can trigger significant, rapid societal shifts especially when it comes to climate action. A new IIASA-led study highlights the importance of analyzing these dynamics with a comprehensive framework to harness their full potential for reducing carbon emissions. Making small changes in how we live day-to-day can quickly create significant… Read more »
ntersolar 2024: SolarEdge Launches New Powerful Solution for Small-Medium Utility Scale and Dual-Use Solar Segment in Germany
MILPITAS, California – June 20, 2024 – SolarEdge Technologies, a global leader in smart energy technology, today announces the German launch of its high-power SolarEdge TerraMax™ Inverter combined with H1300 Power Optimizers. The new SE300K[1] inverter has received certification and is now available for order in Germany. Targeting small-to-medium utility scale PV installations, the new versatile… Read more »
JinkoSolar Supplied Residential Storage Solutions to SolarToday
Munich, Germany, June 20, 2024– JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its subsidiary Jinko Solar Denmark has supplied high voltage residential storage solutions to SolarToday for use in the DACH and Benelux regions starting from… Read more »
Sineng Electric and TÜV Rheinland Forge Strategic Partnership to Foster Innovations and Expand Global Footprint
Shanghai, China, June 19, 2024 – Sineng Electric, a global leading PV+ESS solution provider, has forged a strategic cooperation agreement with TÜV Rheinland at SNEC. This partnership seeks to enhance collaboration in the certification and testing services for energy storage inverters and battery energy storage systems (BESS). The signing ceremony was attended by Jianfeng Sun,… Read more »
Associated British Ports announced as major sponsor of the 2024 Convention for the Western Gateway
The Western Gateway Partnership has announced Associated British Ports (ABP) as the first major sponsor for the 2024 Convention of the Western Gateway. ABP, the UK’s leading port operator, owns and operates 21 ports across the UK which together manage around 25 percent of the UK’s total sea-borne trade. In South Wales, ABP’s five ports… Read more »
More from across PES
Ciel & Terre EMEA has begun the European largest floating solar project’s installation
[Lille, France – June 26, 2024] – Ciel & Terre, pioneer in floating solar solutions, has started the anchoring installation and floating platform assembly for the future largest Floating Photovoltaic (FPV) power plant, the Ilots Blandin project in Haute-Marne, France. This project, initiated in 2019 by Q ENERGY, represents an installation of 72.3 MWp of… Read more »
Solar and wind are increasingly competitive in wholesale power markets, offer a hedge against the uncertain cost of other generation sources
New Berkeley Lab study quantifies solar and wind costs in relation to wholesale market costs, suggests that purchasers should in some cases rethink contracting practices. Since solar and wind power are not tied to the vagaries of fuel markets, their steady prices can serve as a hedge against wholesale power price fluctuations. As wind and… Read more »
Busch Group Companies Announce Joint Presence at Semicon West
The three companies of the Busch Group (Busch Vacuum Solutions, Pfeiffer Vacuum and centrotherm clean solutions) announce their joint presence at Semicon West 2024. This marks a significant milestone, as it will be the inaugural occasion that the Busch Group exhibits collectively in one booth in the US. Maulburg, June 26, 2024 – Visitors of… Read more »
ABB and Cleanwatts sign MOU to accelerate intelligent energy management in communities and buildings
AI-driven energy-sharing platform will be integrated with ABB energy management technology The partnership targets lower costs, enhanced energy visualization and efficiency, energy sharing and flexibility, and user convenience in renewable energy communities Both companies have signed a memorandum of understanding (MOU) to explore joint solutions ABB, a global technology leader in electrification and automation,… Read more »
Modulift at World’s First Offshore Energy Island
Specialist lifting equipment manufacturer, Modulift is facilitating the construction of a complex offshore energy project in the North Sea. Deemed to be the world’s first artificial energy island, “Princess Elisabeth” marks a significant milestone in renewable energy infrastructure development. Situated 30 miles off the coast of Belgium, in the 3.5-GW Princess Elisabeth offshore wind zone,… Read more »
Swiss Steel Group supplies Green Steel Stainless+ for completely stainless steel.
Swiss Steel Group has successfully launched Green Steel Stainless+. A new variant of completely stainless steel that meets the highest ecological standards. This innovative solution demonstrates our commitment to sustainability and the protection of our environment. Green Steel Stainless+ is characterized by its outstanding properties: Depending on the requirement profile, it is corrosion and heat… Read more »
Blue World completes successful testing of 200 kW maritime fuel cell system to run on green methanol
Neustark secures $69 million in funding to expand carbon removal solution globally
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