bp’s subsidiary, Archaea Energy, has officially launched its most substantial renewable natural gas (RNG) plant yet in Shawnee, Kansas, marking a significant advancement in the company’s commitment to sustainable energy solutions. Located near Kansas City and adjacent to a privately-owned landfill, this fully-owned facility stands out as a pioneering project in RNG production. Transforming Landfill […]
WEC Energy Group (NYSE: WEC) announced that it has agreed to acquire a 90% ownership interest in the Delilah I Solar Energy Center, marking a significant expansion of its renewable energy portfolio. The 300-megawatt solar project, developed by Invenergy and located about 140 miles northeast of Dallas, Texas, represents a pivotal development in sustainable energy […]
Schneider Electric, a global leader in the digital transformation of energy management and automation, has announced the launch of its new Battery Energy Storage System (BESS), designed to significantly enhance microgrid applications. This system, part of Schneider Electric’s EcoStruxure™ Microgrid Flex, aims to provide a scalable, flexible, and efficient energy storage solution. Graybar, a leading […]
Prysmian has announced a definitive merger agreement to acquire Encore Wire Corporation for $290.00 per share in cash. This transaction marks a 20% premium over the 30-day volume-weighted average share price as of April 12, 2024, valuing Encore Wire at approximately €3.9 billion. This price reflects a multiple of 8.2x based on 2023A EBITDA and […]
In a significant strategic shift, Nelnet Renewable Energy has announced its decision to exclusively concentrate on the commercial solar market, stepping away from its residential solar operations. This move is part of Nelnet Renewable Energy’s broader initiative to harness its expertise in solar engineering, procurement, and construction (EPC) towards sectors exhibiting strong growth potential and […]
Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a pioneering Mindful IT Company known for its digital and agile methodologies, today announced a significant strategic collaboration with ENERCON, a leader in wind energy technology. This partnership underscores Happiest Minds’ commitment to fostering sustainable and climate-friendly industries through cutting-edge technological solutions. Strategic Goals of the Collaboration The collaboration […]
EIPGRID, a pioneer in global community energy solutions, announces a significant stride in sustainable business models with the acquisition of Mirae & Hwangyung (FE), a leader in the load aggregation business based in Jeju Island. This strategic move heralds EIPGRID’s entry into the ‘Virtual Power Plant (VPP) + Energy-as-a-Service (EaaS)’ business ecosystem, demonstrating an unparalleled […]
Sunlight Energy Investments, a subsidiary of Genie Energy Ltd. (NYSE: GNE), a leading retail energy provider and promoter of renewable energy solutions, has recently announced the acquisition of a late-stage solar development project located in Hamilton, Indiana. This new venture is poised to supply power directly to Hamilton Community High and Elementary Schools through fixed-price […]
Nikola Corporation (Nasdaq: NKLA), at the forefront of zero-emissions transportation and energy supply, celebrated the opening of its pioneering HYLA high-pressure modular refueling station in Southern California. This inaugural event signifies a major step in Nikola’s journey towards sustainable transportation solutions, drawing attention from fleet customers, dealers, government officials, and industry stakeholders. The Ontario-based HYLA […]
In a significant advancement for India’s power sector, Sharika Enterprises Ltd. (SEL) announced the successful completion of a crucial project involving the Supply, Installation, Termination, Testing, and Commissioning (SITC) of a 220 kV XLPE cable (1Cx400 Sq. mm) at the Naitwar Mori Hydro Power Plant (2×30 MW) in Uttar Kashi, Uttarakhand. This project, inaugurated by […]