Tag: renewable energy

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.

SYDNEY, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Vast Renewables (“Vast” or the “Company”), a leading Australian clean energy technology company, today announced that it has secured new funding from existing shareholders and launched a capital raise to support the delivery of its flagship Port Augusta Green Energy Hub and growing international project pipeline. Vast also shared several major milestones for its flagship project, Vast Solar 1 (“VS1”), including environmental approvals and grid connection progress.

HONG KONG, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Xtreme Asset Management Limited, a licensed and regulated Hong Kong asset management firm, today announced a major 2025 strategic initiative to strengthen its global investment capabilities and expand access to high-growth sectors for institutional and private clients worldwide.

According to Precedence Research, the global energy storage systems market size is worth USD 288.97 billion in 2025 and is forecasted to hit approximately USD 569.39 billion by 2034, expanding at a CAGR of 7.87% from 2025 to 2034. Driven by renewable integration, grid reliability, and EV growth, the market is set for robust expansion through 2034.

Fitch Ratings has revised the Outlook on Iceland’s Long-Term-Foreign-Currency (LT FC) Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at ‘A’.

MONACO, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Back for its fifth edition, the Monaco Smart & Sustainable Marina Rendezvous, returns on 21 and 22 September to bring together the leaders of maritime sustainability. Launched in 2021 and organised by M3 Monaco with the support of the Prince Albert II Foundation and the Yacht Club de Monaco, the event has become a meeting point for over 250 professionals in the maritime sector – investors, architects, startups, and marina managers – all committed to the ecological transformation of nautical infrastructures.

MONTREAL, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces that Bruno Guilmette, Executive Vice President and Chief Financial Officer, has chosen to take on new challenges by accepting a new professional opportunity, after nearly seven years with the Company. He will remain as Chief Financial Officer until September 12, 2025, to ensure a smooth transition.

MONTREAL, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces the appointment of Mr. André Courville as Chair of the Board of Directors. He will officially succeed Mr. Alain Rhéaume on September 30, following Mr. Rhéaume’s retirement announced last June after 15 years of service on the Board, including eight as Chair.

MONTREAL, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Corporation”) (TSX: BLX) is pleased to report its results for the second quarter of 2025.