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Tag: energy generation

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One of Finland’s largest energy storage facilities commissioned in Lappeenranta – Merus Power’s EUR 15 million delivery completed

TAMPERE, Finland, July 03, 2025 (GLOBE NEWSWIRE) -- The energy storage facility delivered by Merus Power to Lappeenranta, Finland, has been completed and put into market use on 15 May 2025. The energy storage facility is owned by a joint venture between Ardian’s Clean Energy Evergreen Fund and the local energy provider Lappeenrannan Energia. It is one of the largest energy storage facilities in use on the Finnish electricity market with an output of approximately 38 megawatts and energy of 43 megawatt hours. The completion of the project is significant for Merus Power, as it is the largest energy storage facility manufactured by the company.

NextNRG Appoints Global Logistics Authority Gary M. Goldfarb as Chairman of Newly Formed Strategic Advisory Board

NextNRG Appoints Global Logistics Authority Gary M. Goldfarb as Chairman of Newly Formed Strategic Advisory Board

Arctech took center stage at the Africa Energy Forum 2025

CAPE TOWN, South Africa, July 2, 2025 /PRNewswire/ -- From June 17-20, Arctech took center stage at the Africa Energy Forum 2025, in Cape...

Entergy completes sale of its natural gas distribution business to Delta Utilities

Sale supports the company's focus on its growing electric utility businessCompany thanks its gas customers and dedicated employees NEW ORLEANS, July 1, 2025 /PRNewswire/ --...

Carbon Credit Market Size Worth 16,379.53 Bn by 2034

According to Precedence Research, the global carbon credit market size is valued at USD 933.23 billion in 2025 and is expected to be worth USD 16,379.53 billion by 2034, growing at a robust CAGR of 37.68% from 2025 to 2034. 
According to Precedence Research, the global carbon credit market size is valued at USD 933.23 billion in 2025 and is expected to be worth USD 16,379.53 billion by 2034, growing at a robust CAGR of 37.68% from 2025 to 2034.

ACEN and UPC Renewables break ground on over 500 MW of new renewable energy projects in India

MAKATI CITY, Philippines, June 26, 2025 /PRNewswire/ -- ACEN, in partnership with UPC Renewables, has commenced construction of two major renewable energy projects in...

ACEN and UPC Renewables break ground on over 500 MW of new renewable energy projects in India

MAKATI CITY, Philippines, June 25, 2025 /PRNewswire/ -- ACEN, in partnership with UPC Renewables, has commenced construction of two major renewable energy projects in...

DTE Energy Board of Directors elects Joi Harris as CEO; Jerry Norcia elected Executive Board Chairman

Harris's 34-year track record of proven leadership at DTE and strong working relationship with Norcia to ensure a smooth, successful transition DETROIT, June 23, 2025...

IHT Q1 HOTEL REVENUES EXCEED $2.2 MILLION; IBC MANAGEMENT OBTAINED

Phoenix, AZ, June 20, 2025 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) reported Hotel Revenue results surpassing $2 million once again in the First Fiscal Quarter of 2026, (February 1, 2025, to April 30, 2025), with Total Revenue of approximately $2.2 million.

DTE Energy Board of Directors declares quarterly dividend

Company continues more than 100-year history of issuing cash dividend DETROIT, June 19, 2025 /PRNewswire/ -- (NYSE: DTE) -- The DTE Energy Board of Directors...

PSE&G’s Summer Relief Initiative Protecting Residential Customers from Higher Costs This Summer Moves Forward

PSE&G Continues to be Ready to Deliver Solutions to Address Supply-Demand Imbalance NEWARK, N.J., June 18, 2025 /PRNewswire/ -- Public Service Electric and Gas Company...

Renergen’s Phase 2 EPC Contractor Awarded Preferred Bidder Status

JOHANNESBURG, June 18, 2025 (GLOBE NEWSWIRE) -- Renergen is pleased to announce that preferred bidder status has been awarded to He4u consortium for the design, procurement, delivery, construction and commissioning for phase 2 of the Tetra4 LNG and helium liquefaction project, comprising of, Chart Industries Inc. (NYSE: GTLS), Wilson Bayly Holmes - Ovcon Ltd (JSE: WBO), and Aurex Constructors. The appointment of an acceptable EPC contractor in Phase 2 was one of the two remaining conditions for the DFC Phase 2 loan.

Ormat Announces the Completion of Its Acquisition of the Blue Mountain Geothermal Power Plant From Cyrq Energy

RENO, Nev., June 18, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it has closed its previously disclosed acquisition of the Blue Mountain geothermal power plant from Cyrq Energy. Under the agreement, Ormat paid $88 million for 100% of the equity interest in the 20MW power plant.

Zeo Energy Corp. Reports First Quarter 2025 Financial Results

NEW PORT RICHEY, Fla., June 16, 2025 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the first quarter ended March 31, 2025.

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