Category: Energy
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SolarEdge acquires electric vehicle charging software startup
1. SolarEdge Technologies has acquired Wevo Energy, a software startup specializing in EV charging optimization. 2. Wevo’s software is vendor-agnostic and supports industry-leading protocols, enabling multi-user pricing, billing, and predictive load management. 3. Wevo’s solution will be integrated with SolarEdge’s EV chargers, inverters, and meters, offering a holistic view of solar production, grid consumption, and…
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Exclusive First Interview with Key Capture Energy CEO
1. The company has been a first mover in markets like ERCOT, New York ISO, and MISO in developing large-scale BESS projects. 2. Co-founder Jeff Bishop’s outspoken views and commitment to diversity have raised the company’s profile. 3. The new CEO, Brian Hayes, plans to continue owning and operating BESS assets while diversifying and spreading…
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EDF subsidiary Exaion to provide specialized knowledge to the sports industry
– Exaion, a web3 subsidiary of EDF Group, has joined the Chiliz blockchain network as a validator node. – Exaion’s role is to ensure security and reliability of the Chiliz blockchain focused on fan engagement with sports teams and entertainment brands. – Exaion aims to bring its expertise in energy, infrastructure, and technology to drive…
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UKA orders wind turbines from the Nordex Group.
– UKA ordered 39 turbines from Nordex with a total generation capacity of 253 MW to be installed in Germany in 2025. – UKA has ordered a total of 450 MW of wind turbines from Nordex in the last three months. – The success in the ‘Wind on Land’ tender in February 2024 creates the…
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Globeleq Plans to Construct South Africa’s Largest Independent Battery Energy Storage System
1. Globeleq’s Red Sands project in SA awarded Preferred Bidder status in Energy Storage Capacity Independent Power Producer Procurement Programme 2. Battery storage essential for renewable energy generation to tackle energy crises and climate change 3. UK company Globeleq investing US$300 million in Red Sands project to support South Africa’s transition to clean energy grid…
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X-Energy receives funding from UK to advance modular reactor technology
– UK Government awards £3.34m to X-Energy and Cavendish Nuclear for advanced modular reactors – X-Energy will match the government’s investment – Collaboration aims to establish a 12-reactor plant in Hartlepool by early 2030s, with plans for 40 small modular reactors across the UK. The UK Government has awarded X-Energy and Cavendish Nuclear £3.34m ($4.22m)…
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National Green Bank Project Receives $20 Billion Investment from EPA
– EPA announced selections for $20 billion in grant awards under the Greenhouse Gas Reduction Fund – Selections will create a national clean financing network for clean energy and climate solutions – Selected applicants will drive significant impact toward reducing climate and air pollution, mobilizing private capital, and benefiting low-income and disadvantaged communities The U.S.…
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US Department of Energy Grants $4 Billion in Tax Credits for Advanced Energy
– DOE, DOT, and IRS are operating a funding scheme for clean energy projects – Majority of funding going towards clean energy manufacturing and recycling projects – $800 million allocated for critical minerals recycling and $500 million for industrial decarbonisation projects The Department of Energy (DOE), Department of Treasury (DOT) and Internal Revenue Service (IRS)…
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DTEK requests power equipment assistance following stocktake after bombardments
1. DTEK takes stock of $181 million in damages to power infrastructure after Russian attacks. 2. Up to 80% of DTEK’s available generation capacity was destroyed or damaged in the attacks. 3. DTEK is in need of various power equipment, including generators, turbines, and transformers, to rebuild infrastructure damaged in the attacks. In the wake…
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Avangrid Granted Regulatory Approval for New England Wind Project
– Avangrid has received the federal Record of Decision (ROD) for the New England Wind projects – The ROD represents a significant permitting milestone for construction, with the Construction and Operations Plan (COP) Approval anticipated for July 2024 – The New England Wind projects have the potential to create thousands of jobs, provide clean energy…