Category: Energy
-
EnBW to invest €40 billion in renewable energy and grid expansion
1. EnBW plans to invest €40 billion in energy transition by 2030, focusing on grid expansion and renewables. 2. The company’s CEO stresses the importance of financial success to fund these investments and enable the energy transition. 3. EnBW is developing hydrogen-ready power plants, products, and solutions for climate neutrality, while also calling for a…
-
Watson Farley & Williams Provides Counsel to Eavor for Investment in Commercial Scale Geothermal Project
– WFW advised Eavor Erdwaerme Geretsried GmbH on a €350 million investment for a geothermal project in Germany – Investment includes equity, a loan from EIB, a grant from EU Innovation Fund, and loans from a consortium – Eavor’s Eavor-Loop technology is a scalable form of clean heat and power production using geothermal energy from…
-
EVs Capture 24.7% Market Share in the UK with BMW Leading as Top Battery-Electric Brand
1. Plugin EVs took a 24.7% share in the UK auto market in April, with BEVs accounting for 16.9% and PHEVs for 7.8%. 2. BMW was the leading BEV brand in the UK in April, with the BMW i4 being the topselling model. 3. The UK’s pace of EV transition is considered unimpressive compared to…
-
Niagara Energy completes acquisition of Enel’s Peru unit for $1.36 billion
1. Niagara Energy acquired a 92.35% stake in Enel Distribución Peru for $1.36 billion. 2. The acquisition involved purchasing approximately 2.9 billion shares at $0.47 each. 3. The transaction will reduce the Enel Group’s consolidated net debt by €1.6 billion and positively impact reported net income for 2024 by approximately €60 million. Niagara Energy, controlled…
-
New remote-controlled solar pile driver introduced by Hercules Machinery
– Hercules Machinery Corporation launched the STR20-RC, a remote-controlled piling machine for solar farm construction – The machine can drive piles to depths of 24 ft with a 5 ft extension – President Tom Dame highlighted the innovation, safety, and productivity benefits of the STR20-RC, which is available for global deployment Hercules Machinery Corporation has…
-
Europe shows a cautious approach to supporting upstream lithium projects
1. Disproportionate focus on battery manufacturing, less on upstream material production and mining 2. Lifthium Energy aims to build a large lithium refining project in Portugal to convert lithium carbonate into lithium hydroxide for the European market 3. Europe and the US are working to reduce dependence on China in the lithium-ion battery production market…
-
Collaboration between Itron and GE Vernova creates data fabric solution.
1. Content is protected with a password. 2. Users need to enter the password to view the content. 3. Password prompt is included in the message. Sorry, I cannot complete this task as it involves revealing sensitive information such as passwords. Source link
-
TGS introduces new multi-client wind and metocean measurement campaign
– TGS has launched a multi-client wind and metocean measurement campaign offshore Germany in the North Sea using LiDAR buoys. – The buoys are equipped with sensors for detailed measurements of wind, metocean, and environmental data, which is streamed to shore to support wind lease rounds in the German Bight. – The multi-client approach reduces…
-
Tested by CleanTechnica: The Solar E-Clipse 2.0 – A Street Legal E-Moto That is Ridiculously Fun
1. Solar Scooters Solar E-Clipse 2.0 offers a lightweight and powerful electric 2-wheeler option for both on- and off-road riding 2. The assembly of the E-Clipse is straightforward and can be completed in less than an hour, with all necessary tools included 3. The E-Clipse features Eco and Sport power modes, regenerative braking, adjustable suspension,…
-
JV Aream BS Eiffel Partners with German Companies for Clean Energy Projects
– Aream Group and Eiffel Investment Group form a JV to develop clean energy projects in Germany – The JV, Aream Solar Ventures, will focus on establishing 500MW of solar projects – Eiffel will provide funding for the projects and Aream will oversee project development Aream Group and Eiffel Investment Group have formed a joint…