Category: Energy
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Lintas Green Energy receives investment from Octopus Energy
1. Octopus Energy’s generation arm invests in renewables developer Lintas Green Energy to accelerate Germany’s energy revolution. 2. The deal involves Octopus’ Sky fund taking a 50% stake in Lintas Green Energy to build new wind and solar farms, targeting 1 GW by 2030. 3. Octopus Energy plans to invest over €1 billion in Germany’s…
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The Volvo EX30 LCA Demonstrates the Smallest Carbon Footprint Among All Electric Volvo Cars Yet
1. The Volvo EX30 has the smallest carbon footprint of any fully electric Volvo car, with a total carbon footprint of 23 tonnes per 200,000 km. 2. Wind-based electricity charging reduces the carbon footprint of the Volvo EX30 by approximately 42% compared to global electricity mixes. 3. Volvo Cars aims to become a fully electric…
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Masdar will be evaluating pumped hydro storage projects in Uzbekistan.
– Masdar has partnered with Uzbekhydroenergo to evaluate the potential of hydroelectric power storage projects in Uzbekistan – The collaboration aims to enhance Uzbekistan’s renewable energy capacity and address supply challenges – The agreement marks Masdar’s inaugural venture into pumped hydropower storage, aligning with its expansion strategy and commitment to supporting renewable energy initiatives globally…
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Solar sales might be flexing, but they could use a revival
1. Aurora held its annual Empower event for solar professionals to network and hear from industry leaders, including a session on overcoming common roadblocks for residential solar salespeople. 2. Three major challenges for solar salespeople include establishing legitimacy, standing out from competition, and staying up to date on industry changes. 3. Aurora has redesigned Sales…
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Fluor Selected to Develop Commercial Laser Fusion Power Plant
1. Longview Fusion Energy has secured a contract with Fluor to design a commercial laser fusion power plant based on the recent fusion breakthrough at the National Ignition Facility. 2. Fusion energy interest has increased after the demonstration of fusion ignition at NIF, using laser-driven inertial confinement with high-energy lasers converging on a hydrogen-filled target…
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Community opposition leading to local authority hesitation with UK’s Cleve Hill battery project
1. Cleve Hill solar project faces safety management planning shortcomings in mainstream media headlines. 2. The project, initially considered pioneering with over 350MW solar PV capacity, now includes 150MW/700MWh of battery storage. 3. Industry focus on fire safety, stakeholder engagement, and battery analytics to address challenges and educate local authorities on BESS projects. A solar…
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Potential PG&E Partnership Could Result in $1 Billion Investment for Transmission Upgrades
– PG&E filed for approval of a transmission lease program with Citizens Energy Corporation, potentially investing up to $1 billion. – The program aims to improve safety, reliability, and capacity of PG&E’s electric system, while supporting clean energy projects in low-income communities. – Citizens will lease PG&E’s transmission assets for 30 years, with profits going…
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SBM Offshore and Technip Energies Join Forces to Create Floating Offshore Wind Joint Venture
– SBM Offshore and Technip Energies signed a memorandum of understanding for the creation of a joint venture entity, EkWiL – EkWiL will be a floating offshore wind pure player, combining the expertise and technologies of both companies – The aim of the joint venture is to become a leading contractor in developing FOW infrastructures…
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The Dogood ZERO: A Compact Electric Car Designed for City Living
1. The Dogwood ZERO is a small electric car with more space than a Lamborghini and more electric range than a Ferrari, priced at £5,995 ($7,634). 2. The vehicle has a range of 50.3 miles, a top speed of 28 mph, and features a vegan interior, sunroof, reverse camera, and other standard amenities. 3. Despite…
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RWE sees increase in earnings for 2023, projects profit decline for 2024
1. RWE has seen an increase in profits due to boosted renewables sales but expects a decline in earnings this year. 2. The company invested €11.1bn in new renewables projects last year, including acquisitions and new wind and solar power projects. 3. RWE’s adjusted EBITDA for 2023 was €8.4bn, with a significant expansion of their…