LG Energy Solution (KRX: 373220) announced that its subsidiary, LG Energy Solution Arizona, has entered a supply agreement with Rivian, the U.S.-based electric vehicle manufacturer. Under this agreement, LG Energy Solution will supply Rivian with 4695 cylindrical batteries over five…
Iberdrola, a global leader in renewable energy, and Acciaierie Venete Spa, a major player in the European steel industry, have signed a multi-year Off-site Power Purchase Agreement (PPA) for 12 MW of renewable capacity. The agreement will deliver 230 GWh…
Strata Clean Energy has appointed Bob Schaffeld as its new President. With over 30 years in the energy industry, Schaffeld has extensive experience, including the deployment of more than 5 GW of renewable energy in the past decade. He previously…
Bloom Energy (NYSE: BE), a leader in solid oxide fuel cell (SOFC) and electrolyzer (SOEC) technology, has partnered with FPM Development to deploy 20 megawatts (MW) of Bloom’s SOFCs at two locations in Los Angeles. This project highlights Bloom’s ability…
Nodal Exchange reported record trading volumes in its power, environmental, and natural gas markets through October 2024. Power futures reached 2.6 billion MWh year-to-date, a 10% increase from the same period in 2023, with October’s volume alone up 23% at…
Indiana American Water has finalized its $45 million acquisition of Silver Creek Water Corporation (SCWC) as of November 6, 2024. SCWC, a membership-owned utility, serves about 8,000 customers across Silver Creek and Carr Townships in Clark County, as well as…
Iceland’s business delegation is set to attend COP29 in Baku, Azerbaijan, to showcase its achievements in renewable energy and carbon capture, utilization, and storage (CCUS) technology. Led by Green by Iceland and supported by Iceland’s Ministry of Environment, Energy, and…
Cummins Inc. (NYSE: CMI) has officially reopened its renovated worldwide technical center hub office tower in Columbus, Indiana. Located at the Cummins Technical Center (CTC) on McKinley Avenue, the office tower had been largely untouched since it was first built…
Gulfport Energy Corporation (NYSE: GPOR) has released its 2023-2024 Corporate Sustainability Report, highlighting the company’s environmental, social, and governance (ESG) performance, as well as its continued efforts to reduce emissions across its operations. John Reinhart, President and CEO, stated, “As…
E2E Energy Solutions and Novus Earth are partnering to develop the Latitude 53 Hinton Inc. geothermal project near Hinton, Alberta. This initiative marks a significant leap in geothermal energy development. Construction is set to begin in early 2025, with the…
Xcel Energy Inc. (NASDAQ: XEL) announced the completion of its registered underwritten offering of 18,320,610 shares of common stock in connection with forward sale agreements. Barclays and BofA Securities served as the joint lead book-running managers, while Citigroup and Wells…
Pennsylvania American Water is urging customers across its service area to reduce water usage voluntarily due to the drought watch declared by the Pennsylvania Department of Environmental Protection (DEP) last week. The company is asking residents and businesses to cut…