Tag: Energy

Impact Newswire brings you the latest in Energy news

NOVONIX
Australia, United States

NOVONIX Announces Transition of Chief Executive Officer

January 20, 2025 – BRISBANE, Australia, Jan. 20, 2025 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, today announced the planned transition in the Chief Executive Officer (“CEO”) role, with Dr. Chris Burns stepping down as Chief Executive Officer, effective 24 January 2025. Dr. Burns will continue to support the Company in an … Continue reading NOVONIX Announces Transition of Chief Executive Officer

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Oklo Inc.
United States

Oklo and RPower Join Forces to Accelerate Power Availability for Data Centers

Partnership Would Deliver a Phased Power Strategy Combining Natural Gas and Advanced Nuclear Press Release – January 17, 2025 – SANTA CLARA, Calif. – Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear power and nuclear fuel recycling company, has signed a memorandum of understanding with RPower, a leading provider of onsite prime and backup power solutions, to deploy a phased power model for data centers. … Continue reading Oklo and RPower Join Forces to Accelerate Power Availability for Data Centers

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IBM LOREAL
Global

IBM and L’Oréal to Build First AI Model to Advance the Creation of Sustainable Cosmetics

Press Release – Jan 16, 2025 PARIS and NEW YORK, Jan. 16, 2025 /PRNewswire/ — IBM (NYSE: IBM) and L’Oréal, the world’s leading beauty company, announced a collaboration to leverage IBM’s generative artificial intelligence (GenAI) technology and expertise to uncover new insights in cosmetic formulation data, facilitating L’Oréal’s use of sustainable raw materials, for energy and material waste reductions. This unique effort will develop a custom AI foundation model engineered to significantly increase the … Continue reading IBM and L’Oréal to Build First AI Model to Advance the Creation of Sustainable Cosmetics

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Europe gets 20% of its electricity from wind
Europe

Europe gets 20% of its electricity from wind. But not enough new wind farms being built. Urgent action needed on permitting, grids and electrification

Wind energy was 20% of all the electricity consumed in Europe. But Europe is not building enough new wind farms. The EU built only 13 GW last year, well below the 30 GW a year it needs to meet its 2030 energy targets. There are 3 problems: (a) most Governments are not applying the new EU permitting rules; (b) new grid connections are delayed; and … Continue reading Europe gets 20% of its electricity from wind. But not enough new wind farms being built. Urgent action needed on permitting, grids and electrification

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Imperial Oil
Global

Imperial Senior Vice President, Sustainability, Commercial Development and Product Solutions to assume new role at Exxon Mobil Corporation

Press Release – January 10, 2025 – CALGARY, Alberta – Imperial (TSE: IMO, NYSE American: IMO) announced today that Sherri Evers, currently Senior Vice President, Sustainability, Commercial Development and Product Solutions for Imperial, will become North America Lubes General Manager for Exxon Mobil Corporation, effective March 1, 2025. “On behalf of Imperial, I would like to thank Sherri Evers for her contributions and strong leadership … Continue reading Imperial Senior Vice President, Sustainability, Commercial Development and Product Solutions to assume new role at Exxon Mobil Corporation

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AI sustainability
Global

How AI is shaping the future of sustainability

AI is rapidly becoming a driving force in the quest for sustainability across various sectors. One way it’s shaping the future is through precision agriculture, where AI algorithms analyze data from drones and sensors to optimize crop yields while minimizing resource use like water and fertilizers. This not only enhances food production but also reduces environmental impact. Another significant impact of AI is in energy … Continue reading How AI is shaping the future of sustainability

Mohd Hassan
One Equity Partners
United States

One Equity Partners Completes Acquisition of EthosEnergy

Investment Supports Company’s Continued Growth as Global Electricity Demands Increase Press Release – January 02, 2025 – NEW YORK – One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has completed an investment in EthosEnergy, a global independent service provider focusing on rotating equipment for customers in the power generation, energy, industrial, and aerospace and defense markets. “As we seek to enhance … Continue reading One Equity Partners Completes Acquisition of EthosEnergy

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Kosmos Energy
United States

Kosmos Energy Announces First Gas at the Greater Tortue Ahmeyim LNG Project in Mauritania and Senegal

Press Release – DALLAS – Kosmos Energy (NYSE/LSE: KOS) notes the announcement today from bp plc (operator) that first gas production has been achieved at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project offshore Mauritania and Senegal. On December 31, 2024, gas from the first phase of GTA started to flow from wells to the floating production storage and offloading (FPSO) vessel ahead of … Continue reading Kosmos Energy Announces First Gas at the Greater Tortue Ahmeyim LNG Project in Mauritania and Senegal

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