Torrent Power Limited, a leading private power utility in India, has announced that it has received a Letter of Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying 2,000 megawatts (MW) of energy storage capacity from its upcoming InSTS Connected Pumped Hydro Storage plant. This development represents a critical advancement in addressing the […]
BAIYU Holdings, Inc. (Nasdaq: BYU), a leading B2B bulk commodity e-commerce platform and supply chain service provider, has announced a substantial $60 million contract with Feng’s Auto Parts Inc., a prominent U.S.-based auto parts supplier. This agreement, facilitated through its subsidiary BMYA New Energy Technology Inc. (BNET), marks a pivotal moment for BAIYU Holdings as […]
Arcadium Lithium plc has acquired Li-Metal Corp’s lithium metal business in an all-cash deal valued at $11 million. The acquisition includes key intellectual property and assets related to lithium metal production, including a pilot facility in Ontario, Canada. Strategic Acquisition to Bolster Market Presence Arcadium Lithium plc, a prominent player in the lithium industry, has […]
Generac Power Systems, a leading global provider of energy technology solutions and power products, has expanded its capabilities in the energy storage sector with the acquisition of PowerPlay Battery Energy Storage Systems, a division of SunGrid Solutions Inc. This strategic acquisition, finalized on June 26, 2024, marks a significant move for Generac in strengthening its […]
Pacific Green Technologies, Inc. (OTCQB: PGTK), a global energy storage and environmental technology company, has announced plans to acquire a majority stake in two significant battery energy storage projects in Poland. This acquisition from an international developer marks Pacific Green’s ambitious entry into the Polish market, contributing significantly to its global strategy of expanding its […]
Hindustan Zinc Limited (HZL), India’s largest and the world’s second-largest zinc producer, has signed a memorandum of understanding (MoU) with AEsir Technologies, Inc., a US-based company specializing in next-generation zinc battery technologies. This agreement designates Hindustan Zinc as the preferred supplier of zinc, a crucial raw material for AEsir Technologies’ advanced batteries. Zinc-based batteries offer […]
Redeux Energy Partners LLC, a frontrunner in the development of utility-scale solar and energy storage projects, has announced a landmark transaction with Pine Gate Renewables. This deal involves the sale of a significant 450 MWdc project portfolio within the MISO South energy market, marking a pivotal moment in the renewable energy sector. Portfolio Details and […]
RIC Energy, a globally recognized independent renewable energy developer and producer, has recently completed the sale of seven photovoltaic plants in upstate New York to Radial Power, a pioneer in distributed energy with a focus on decarbonizing large real estate portfolios. This strategic transaction encompasses a total solar power capacity of 34 MW and represents […]
In a significant stride towards the decarbonisation of the UK’s energy grid, Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, in partnership with Harmony Energy, a key player in the renewable energy sector across Europe and New Zealand, have proudly announced the energisation of the Clay Tye battery energy storage system (BESS). Situated […]
Redflow Limited (ASX: RFX), a prominent figure in the clean energy storage sector, has announced a significant development in its journey towards enhancing clean energy storage solutions. The company has received a formal Notice to Proceed (NTP) from Faraday Microgrids for a California Energy Commission (CEC)-funded project in California. This milestone marks a pivotal moment […]