Tag: Energy

Impact Newswire brings you the latest in Energy news

Apex Clean Energy
United States

Apex and Great River Energy Sign Offtake Agreement with Innovative Solution to Transmission Constraints

Combined Contract Optimizes Existing Infrastructure to Advance 300 MW Minnesota Wind Project Press Release – January 23, 2025 – CHARLOTTESVILLE, Va. – Apex Clean Energy today announced a power purchase agreement (PPA) and surplus interconnection service agreement (SISA) with electric cooperative Great River Energy for the 300 MW Big Bend Wind. This transaction represents the first PPA and SISA executed by Apex with the same … Continue reading Apex and Great River Energy Sign Offtake Agreement with Innovative Solution to Transmission Constraints

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Shell
Untied Kingdom

Shell completes acquisition of combined-cycle power plant in priority U.S. trading market

Press Release – 24 Jan 2025 – Houston – Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc (Shell), has completed the previously announced 100% equity stake acquisition of RISEC Holdings, LLC (RISEC), which owns a 609-megawatt (MW) two-unit combined-cycle gas turbine power plant in Rhode Island, USA.  This acquisition maintains SENA’s position in the deregulated Independent System Operator New England (ISO New England) power market, … Continue reading Shell completes acquisition of combined-cycle power plant in priority U.S. trading market

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Kamel Ghribi
Global

Kamel Ghribi Impact Pioneer in Health Innovation & Infrastructure

Distinguished entrepreneur and visionary, Kamel Ghribi, has significantly transformed healthcare delivery across the Middle East through his pioneering smart clinics. As the Chairman of GKSD Healthcare, Ghribi has seamlessly integrated innovative healthcare solutions with sustainable practices, setting a new benchmark in the region. The Success of Smart Clinics in the Middle East Under Ghribi’s leadership, GKSD Healthcare has expanded its footprint across the Middle East … Continue reading Kamel Ghribi Impact Pioneer in Health Innovation & Infrastructure

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SLB
United States

SLB and Star Energy Geothermal announce technology collaboration

News Release – 01/22/2025 Collaboration agreement will accelerate new commercial technologies that address geothermal development challenges HOUSTON, January 22, 2025 — Global energy technology company SLB (NYSE: SLB) and leading geothermal developer Star Energy Geothermal, a subsidiary of Indonesia’s largest renewable energy company Barito Renewables (IDX: BREN), today announced a collaboration agreement to accelerate advanced technologies for geothermal asset development. The collaboration will combine Star Energy … Continue reading SLB and Star Energy Geothermal announce technology collaboration

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Bedrock Energy
United States

Bedrock Energy Raises $12M Series A to Scale Geothermal Heating and Cooling

Funding Will Support R&D and Expanded Customer Deployments Press Release – January 22, 2025 – AUSTIN, Texas – Bedrock Energy, a geothermal heating and cooling startup, announced a $12M Series A led by Titanium Ventures. Energy Impact Partners and Sustainable Future Ventures joined alongside existing investors Wireframe Ventures, Overture Ventures, Toba Capital, Elemental Impact, First Star Ventures, and Cantos. The funding will support continued advancement … Continue reading Bedrock Energy Raises $12M Series A to Scale Geothermal Heating and Cooling

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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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