Category: Energy
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Investment and Ownership in the Growing Energy Storage Sector: A Friday Briefing
1. Key Capture Energy’s new owner plans to invest a billion dollars into growing and operating the developer. 2. Key Capture Energy operates in an independent power producer model with a portfolio of 600MW in assets and a 9,000MW development pipeline. 3. The CEO of Key Capture Energy, Brian Hayes, highlights the company’s alignment with…
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SP Energy Networks purchases innovative power solution for grid balancing
1. Hitachi Energy won an order from SP Energy Networks to design and deliver a power quality solution to boost renewable energy flow in the UK. 2. The solution, located at SP Energy Networks’ substation at Eccles, includes two sets of an SVC Light STATCOM and a synchronous condenser controlled by the MACH system. 3.…
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Henkel completes the acquisition of Seal for Life
– Henkel has completed the acquisition of Seal for Life Industries LLC from Arsenal Capital Partners – Seal for Life is a specialised supplier of protective coating and sealing solutions for infrastructure markets – The acquisition aligns with Henkel’s commitment to sustainability and expanding their MRO portfolio Henkel has finalized the acquisition of Seal for…
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EVs Capture 22.9% Market Share in the UK – Slow Adaptors Revealed
1. Plugin EVs took 22.9% share of the UK auto market in March, with full electric share falling and plugin hybrid share growing. 2. Tesla was the UK’s leading BEV brand, ahead of BMW, with the Model Y making up 80% of Tesla’s sales. 3. Some brands, like Toyota, Lexus, Honda, Stellantis, and Ford, were…
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California proposes $6 billion plan to upgrade transmission system
– California announces new grid upgrade package worth $6 billion – 26 new grid projects recommended, including connecting offshore wind projects – Plan aims to help meet clean energy goals and accommodate renewable power challenges. California has announced a $6 billion grid upgrade package recommended by the Independent System Operator (ISO) to accommodate new clean…
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Designing and Selling High-Performance Solar and Storage Systems: A Three-Step Guide
1. High-performance tools, systems, and technology are essential for competing in the solar energy industry. 2. Accurate solar and storage proposals can help businesses stand out and provide value to customers. 3. The webinar “The Blueprint for Success: Designing High-Performance Solar + Storage Systems” discussed strategies for success in the industry. The solar energy industry…
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Virtual Power Plant Network Boosts Grid Stability and Rewards Customers with Compensation
1. Sunnova Energy International Inc. is investing in its virtual power plant (VPP) network to increase reliability, reduce emissions, and lower costs for customers. 2. The company is expanding its VPP accessibility in multiple states and territories, allowing customers to access stored battery power during peak demand and contribute to grid stability. 3. Sunnova’s VPP…
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Alberta Backs Supercap and Storage-as-Transmission Projects
1. Projects funded by ERA aim to create emissions reduction potential and economic value through technology innovation in Alberta. 2. Funding has supported projects such as large-scale battery energy storage systems, hydrogen fuelling stations, and small modular nuclear reactors. 3. Specific projects include a supercapacitor energy storage system at a hydroelectric plant, a BESS at…
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Switzerland’s DPD tests fleet electrification in bidirectional trucking initiative
– DPD is testing bidirectional charging with its fleet to help close power gaps at peak times on the grid – The research project is coordinated with ZHAW School of Engineering and supported by the Swiss Federal Office of Energy – Insights gained will help stabilise the grid, minimise costs, and contribute to Switzerland’s energy…
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KenGen approves implementation of GreenFire’s GreenLoop technology
– GreenFire Energy Inc. approved by KenGen to implement GreenLoop technology in a geothermal well in Kenya – KenGen aims to accelerate geothermal energy generation in Kenya, focusing on new technologies for electricity generation – GreenFire Energy’s GreenLoop technology enables retrofitting of idle wells and expansion of geothermal fields, aligning with KenGen’s vision for sustainable…