alifornia Turns to BESS to Maintain Power During Record Heat, an Industrial Info News Alert Researched by Industrial Info Resources – Amid record-breaking summer temperatures exceeding 110°F, California has avoided power shortages, rolling blackouts, and state-issued warnings, thanks to the…
Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies across Europe, the Middle East, and Africa, and JERA Co., Inc., Japan’s leading power generation company, have announced the successful financial closing for Najim Cogeneration…
AiDash, a leader in using satellites and AI to enhance the climate resilience and sustainability of critical infrastructure industries, has unveiled its new global headquarters at 575 High Street in downtown Palo Alto. This move is set to boost innovation…
Pioneer Power Solutions, Inc. (Nasdaq: PPSI), a prominent player in the design, manufacture, and service of electrical power systems and mobile electric vehicle (EV) charging solutions, announced today that it received a delinquency notification from Nasdaq on August 21, 2024.…
XGS Energy, a leader in geothermal energy technology and project development, has announced the promotion of Dr. Axel-Pierre Bois to Chief Technology Officer (CTO) and Dr. Lucy Darago to Chief Commercial Officer (CCO). These leadership changes come as XGS expands…
Torus, a leader in sustainable energy innovation, has announced the launch of Torus Community, a distributed energy management feature designed to significantly enhance grid resilience. The introduction of Torus Community follows over a year of successful contributions from Torus customers…
Aramco, a global leader in integrated energy and chemicals, has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST) to support research aimed at generating both environmental and commercial benefits. Over the next decade,…
The Government of India has approved the ONGC proposal for additional investment totaling Rs.18,365 Crores resulting in an increase in ONGC’s stake in ONGC Petro-additions Limited (OPaL) from 49.36% to 95.69%. This significant move paves the way for capital restructuring…
First-half year earnings performance Uniper continued its strong first-quarter earnings performance in the second quarter 2024 as well, and raised its earnings forecast. The company recorded an adjusted EBITDA of €1,743 million in the first half of 2024. As anticipated,…
Nevada imports 88% of its fuel from California refineries. Recently, Nevada Governor Joe Lombardo toured Chevron’s El Segundo Refinery in California to learn more about fuel production and Chevron’s operations. Lombardo has expressed concern about the impact of California’s policies…
Florida Power & Light Company (FPL) is working diligently to restore power as Hurricane Debby moves across Florida. After making landfall earlier today in the Big Bend region, FPL has restored power to 214,000 customers by 6 p.m. and will…
Exxon Mobil Corporation today reported second-quarter 2024 earnings of $9.2 billion, or $2.14 per diluted share. The company generated $10.6 billion in cash flow from operating activities, with $15.2 billion in cash flow from operations excluding working capital changes. Shareholder…