ProLux Energy and Powur Form Strategic Partnership to Drive Growth in the Solar Market
Powur PBC, a leading platform-based company dedicated to simplifying access to clean solar energy, has announced a three-year exclusive partnership with ProLux Energy, a regional EPC operating in Illinois and Arizona. This collaboration will enable ProLux Energy to leverage Powur’s…
Vanguard Renewables Begins Construction on First Organics-to-Renewable Gas Facility in Virginia
Vanguard Renewables, a company backed by Global Infrastructure Partners (GIP) and part of BlackRock, held a groundbreaking ceremony for its latest renewable natural gas project at Oakmulgee Dairy Farm in Amelia Court House, Virginia. Owned by Larkin Moyer and his…
Stellantis and Factorial Advance Solid-State Battery Technology to Accelerate Electric Vehicle Future
Stellantis N.V. and Factorial Inc. have announced the next phase of their partnership to accelerate the development of electric vehicles (EVs) powered by Factorial’s advanced solid-state battery technology. Building on Stellantis’ $75 million investment in Factorial in 2021, this new…
SecurityScorecard Report: 67% of Energy Sector Breaches Tied to Software and IT Vendors
SecurityScorecard and KPMG LLP have released a co-authored cybersecurity report analyzing vulnerabilities in the 250 largest U.S. energy companies. Titled “A Quantitative Analysis of Cyber Risks in the U.S. Energy Supply Chain,” the report provides a detailed overview of cybersecurity…
Adden Energy Secures $15M to Boost Electric Vehicle Accessibility
The widespread adoption of electric vehicles (EVs) is a crucial step in combating climate change, but current battery limitations have deterred many potential consumers. EV batteries face challenges such as limited range, slow charging, short lifespans, and safety concerns. To…
Dominion Energy and Stonepeak Complete Sale of Minority Equity Interest in Coastal Virginia Offshore Wind Project
Dominion Energy, Inc. (NYSE: D) has announced the successful completion of a transaction in which it sold a 50% noncontrolling interest in the Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak. Dominion will maintain full operational control over the…
Duke Energy Expands North Carolina Program to Help Businesses Achieve Renewable and Carbon-Free Goals
Duke Energy (NYSE: DUK) has secured approval for its Green Source Advantage Choice (GSA-C) program in North Carolina, enabling large business customers to support renewable energy development by powering their operations with 100% renewable, carbon-free energy. “Green Source Advantage Choice…
Iberdrola Finalizes Acquisition of UK Distributor ENW
Iberdrola has completed the acquisition of an 88% stake in Electricity North West (ENW), a UK-based electricity distributor. The transaction values ENW, including its debt, at around €5 billion. This acquisition aligns with Iberdrola’s strategy to strengthen its network business…
Iberdrola Launches Smart Grids Academy, a Global Training Platform for Smart Grid Innovation
Iberdrola, in collaboration with the Provincial Council of Bizkaia and the GAIA Cluster, has launched the Smart Grids Academy (SGA) at the Iberdrola Tower in Bilbao. This academy, with an international focus, aims to train professionals in the new digital…
EIB and Iberdrola Secure €120 Million Loan for Energy Innovation Projects in Spain
The European Investment Bank (EIB) has signed a €120 million loan agreement with Iberdrola to support energy technology research and innovation projects that will drive the electrification and decarbonization of the economy. The total investment for these projects is estimated…
Black & Veatch Appointed Owner’s Engineer for East Malaysia Combined Cycle Power Plant
Black & Veatch, a global leader in critical infrastructure solutions, has been selected as the owner’s engineer for PETROS Power Sdn Bhd’s Miri Combined Cycle Gas Turbine (Miri CCGT) Power Plant in Sarawak, Malaysia. This facility will serve as a…
Trailstone and Eurowind Energy Launch Partnership in Portugal
Trailstone Group, a global energy and technology firm specializing in risk management and optimization for renewable assets across Europe, the U.S., and Japan, has entered into two agreements with renewable energy developer Eurowind Energy. Under these deals, Trailstone will deliver…