Tag: Energy

Impact Newswire brings you the latest in Energy news

NorthStandard
Untied Kingdom

NorthStandard enters strategic offshore wind energy partnership with NIORD

NorthStandard and NIORD have announced a new strategic partnership to build their offshore renewable energy underwriting business.     Press Release – 16 December 2024 NorthStandard and NIORD have announced a new strategic partnership to build their offshore renewable energy underwriting business.     Under an agreement that comes into effect on 1 January 2025, global marine insurer NorthStandard will provide US$30M in additional capacity to insure fixed and … Continue reading NorthStandard enters strategic offshore wind energy partnership with NIORD

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Ignite Power
Middle East

Ignite Power’s Subsidiary Westa Solar Secures $15 Million Investment from AFRIGREEN to Expand Across Africa’s C&I Sector

Press Release [Lagos] – Ignite Power has secured $15 million in senior debt financing from Afrigreen Debt Impact Fund (“AFRIGREEN”), a leading renewable energy investor focused on Africa, for its subsidiary Westa Solar, which specializes in commercial and industrial (C&I) solar energy. This substantial investment will fuel Ignite’s ambitious expansion plans, targeting vast, underserved market segments across West Africa by offering innovative and flexible financing … Continue reading Ignite Power’s Subsidiary Westa Solar Secures $15 Million Investment from AFRIGREEN to Expand Across Africa’s C&I Sector

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exxonmobil
United States

ExxonMobil announces plans to 2030 that build on its unique advantages

Expects to deliver growth potential of $20 billion in earnings and $30 billion in cash flow1 Key elements of ExxonMobil’s 2030 plan: Investing $27-$29 billion of cash capex in 2025 and $28-$33 billion annually in 2026-2030 to progress attractive long-term opportunities, with base planned capex roughly flat and reinvestment rate declining to 40% from 50% over the plan period5 Increasing Pioneer acquisition average annual synergies … Continue reading ExxonMobil announces plans to 2030 that build on its unique advantages

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Hitachi Energy
Europe

Hitachi Energy advances toward carbon neutrality in its transformer operations in Figeholm, Sweden

Press Release – 09-12-2024 Hitachi Energy is investing in a new renewable energy generation plant, adjacent to its factory, which is another step toward becoming carbon neutral in its own operations. The new renewable energy facility provides a sustainable and long-term solution for the Figeholm factory – producing cellulose-based insulation materials for power transformers – in line with the Hitachi Energy Sustainability 2030 Strategy to be carbon-neutral … Continue reading Hitachi Energy advances toward carbon neutrality in its transformer operations in Figeholm, Sweden

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Palantir Technologies
United States

Anduril and Palantir to Accelerate AI Capabilities for National Security

Partnership will facilitate the flow of national security data from the tactical edge to the cloud-based enterprise Press Release – December 06, 2024 – DENVER – Palantir and Anduril, two leading companies at the intersection of commercial technology and national security, are launching a new consortium to ensure that the U.S. government leads the world in artificial intelligence. Our goal is to deliver the technological … Continue reading Anduril and Palantir to Accelerate AI Capabilities for National Security

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