Energy News
Black & Veatch: ‘Asia Pacific must identify and adopt low-carbon technologies to reduce carbon emissions’
Black & Veatch, a global leader in engineering, procurement and construction services, will be discussing a variety of strategies that the Asia Pacific region needs to adopt to accelerate its energy transition. The company plans to delve into potential energy assets and systems that could aid the region in its quest for decarbonization.
By Globe Banner | May 9, 2024
Asian Development Bank, Buskowitz Solar sign $12 million contract for clean, affordable solar energy in the Philippines
The Asian Development Bank (ADB) and Buskowitz Solar have entered into an agreement that is expected to significantly reduce carbon dioxide emissions while generating clean electricity. The project aims to cut 54,000 tons of CO2 emissions and produce 88 gigawatt-hours of clean electricity annually by focusing on solar energy for commercial and industrial consumers.
By Globe Banner | Apr 25, 2024
Latest News
Westinghouse Electric Company hosts UK suppliers at civil nuclear project opportunity symposium
By Globe Banner | Feb 9, 2024
The Westinghouse company recently convened a meeting in Lancashire, England. The event, which took place this week, served as a platform for suppliers and Westinghouse representatives to deliberate on the company's prospective projects within the United Kingdom.
PPL Corporation receives $72 million award from U.S. Department of Energy
By Globe Banner | Feb 2, 2024
The U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) has granted an award to fund a carbon dioxide capture research and development project.
Rio Tinto announces development of Australia’s largest solar power project
By Globe Banner | Jan 25, 2024
The mining corporation has entered into an agreement to procure electricity from the Upper Calliope Solar Farm for its operations near Gladstone. The solar farm will be constructed and managed by European Energy, once the project receives approval.
Advent Technologies Holdings introduces the company's new chief financial officer
By Globe Banner | Jan 11, 2024
Naiem Hussain has been appointed as the new Chief Financial Officer (CFO) at Advent Technologies Holdings, Inc. Prior to this role, he served as the company's chief investment officer. He takes over from Kevin Brackman.
Nextracker reaches a milestone in solar power in India, Africa and the Middle East
By Globe Banner | Dec 14, 2023
Nextracker, a leading intelligent solar tracking and software company, has reached a significant corporate milestone. The firm announced this week that it has achieved its goal of operating or fulfilling 10 GW of smart solar trackers in the Middle East, India, and Africa.
Axis Capital Holdings to launch Energy Resilience Syndicate 2050
By Globe Banner | Dec 13, 2023
Lloyd's has granted Axis Capital Holdings an in-principle approval for a new syndicate focused on new energy products, as stated in a news release announcing the initiative. The Energy Resilience Syndicate 2050 will provide access to specialist insurance solutions.
EIG names new senior advisor and chair of the Middle East and North African (MENA) division
By Globe Banner | Dec 10, 2023
Abdulaziz Al-Gudaimi has been appointed as the new Senior Advisor and Chairman of EIG's Middle East and North Africa (MENA) division. In this capacity, he will advise EIG on investment strategy and continued growth.
World Trade Organization announces new steel standards principles at COP28 opening
By Globe Banner | Dec 8, 2023
During the opening of COP28 in Dubai, Jean-Marie Paugam, the Deputy Director-General of the World Trade Organization (WTO), gave his endorsement to new steel standards principles. This initiative has been backed by 42 organizations and industry leaders. "There would be a follow-up to this in the COP29 event," Paugam stated.
Bloomberg Philanthropies, Goldman Sachs mobilize $500M for clean energy in South and Southeast Asia
By Globe Banner | Nov 29, 2023
Goldman Sachs, along with Bloomberg Philanthropies, announced the $25 million philanthropic concessional capital from the Climate Innovation and Development Fund (CIDF) to support sustainable low-carbon economic development in South and Southeast Asia. This was part of their effort to attract substantial investments towards clean energy and sustainable development across emerging markets.
Biot 'excited' for new role as new vice president for Schneider Electric division
By Globe Banner Report | Jul 21, 2023
Schneider Electric, a French company based in Massachussetts, has promoted Xavier Biot to the role of vice president, power distribution and digital energy in Canada. The role became effective July 1.
RWE CEO on partnership with Entergy: ‘Working together can deepen our understanding of the next steps to strengthen these valuable assets’
By Globe Banner Report | Apr 11, 2023
RWE has secured a partnership with Entergy to explore the Gulf of Mexico offshore wind market, according to a press release.
DeltaTek Global CEO: 'To join Expro, a leader in the industry, is a monumental moment for the company'
By Globe Banner Report | Feb 16, 2023
Houston-based Energy services provider, Expro confirmed the acquisition of well construction cementing specialists DeltaTek Global.
Bloom Energy's Schweikert: 'Bloom’s superior energy technology capabilities are attractive to companies that need reliable power'
By Globe Banner Report | Jan 10, 2023
San Jose, California-based energy company Bloom Energy has formed an agreement with chip substrate and printed circuit board maker Unimicron to deliver 10 megawatts of fuel cells to the latter's plants in Taiwan, according to a press release published recently.
Bloom Energy senior managing director: 'Bloom’s fuel-flexible platform can fill Unimicron’s needs'
By Globe Banner Report | Jan 5, 2023
Bloom Energy secured an agreement with chip substrate and printed circuit board maker, Unimicron to deploy up to 10MW of fuel cells at Unimicron plants in Taiwan, according to a press release.
Franco: TCW joins initiative to ‘deepen efforts to credibly integrate, analyze and report on ESG factors’
By Globe Banner Report | Nov 26, 2022
TCW now forms part of the Partnership for Carbon Accounting Financials, a global collaboration between financial institutions working to implement new strategies to improve financed emission reports.
Ameresco chief financial officer: 'We’re proud to be part of the energy transition in Ireland'
By Globe Banner Report | Nov 23, 2022
Massachusetts-based cleantech integrator Ameresco, Inc. recently acquired a new wind farm in West County Cork, Ireland, a press release reported.
Schweikert: 'Cefla’s choice of Bloom’s technology positions Bloom as a solution for Europe’s new power savings mandate'
By Globe Banner Report | Nov 22, 2022
Bloom Energy recently teamed up with Cefla to deploy Bloom’s megawatts of solid oxide fuel cells through 2025, a press release reported.
White House as OPEC+ cuts oil production: 'The president is disappointed by the shortsighted decision by OPEC+'
By Karla Florez | Oct 16, 2022
OPEC+ recently confirmed a series of oil production cuts, a decision that has sparked concerns of supply shortages on the U.S. administration’s behalf as the group deems it “shortsighted,” Reuters reported.