Tag: renewable energy

According to Towards Chemical and Materials, the global Oil & Gas market size was estimated at USD 6.10 Trillion in 2024 and is expected to surpass around USD 8.79 Trillion by 2034, growing at a compound annual growth rate (CAGR) of 3.72% over the forecast period from 2025 to 2034.

NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Greenbacker, an energy transition-focused investment manager and independent power producer, today announced the sale of a 51.2 MW portfolio of 64 operating solar assets to CleanCapital, a leading independent power producer specializing in distributed clean energy. This transaction reflects Greenbacker’s broader strategy to optimize its project fleet for long-term growth with selective sales of non-core assets and a sharpened focus on larger-scale clean energy projects. The sale also supports greater operational efficiency, allowing the firm to reallocate resources toward the construction of higher-impact projects across its pre-operating portfolio.

The Europe Diesel Gensets Market is projected to grow significantly, reaching USD 10.31 billion by 2033, from USD 5.69 billion in 2024, exhibiting a CAGR of 6.83% from 2025 to 2033. Key drivers include a rising demand for reliable backup power, expanding industry and commerce, growing data centers, and concerns about grid stability amidst severe weather and renewable energy integration. Diesel gensets remain a vital energy solution due to their reliability, especially where alternative energies are impractical. Innovation and hybrid systems are propelling growth, despite regulatory challenges and competition from greener technologies.

Increased revenue 13% YoY and maintained sustained PAC price improvement

ARLINGTON, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its results for the three and nine months ended June 30, 2025.