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Innovation-led solar technology firm OCIM, a subsidiary of OCI Holdings, agreed on a long-term supplement in which OCIM will supply Cubic with high-quality, low-carbon, and U.S.-compliant silicon on Monday. The chemical supplying firm said the eight-year contract, valued at $1 billion, establishes a commitment for a yearly supply volume by OCIM, outfitting Cubic with the […]
Integrated facilities management company Imdaad enters into a strategic partnership with enterprise solution provider Talisen Technologies to develop new data-enabled smart building solutions that optimize energy consumption and improve occupant comfort for the built environment. The company said the agreement was signed by Imtedaad, a business unit of Imdaad that focuses on cost-effective and sustainable […]
Energy company Enbridge entered into a definitive agreement to sell its 50% interest in Alliance Pipeline and 42.7% interest in Aux Sable to energy transportation and midstream service provider Pembina Pipeline for $3.1 billion, on Wednesday. Enbridge said the sale included non-recourse debt at Alliance of about $300 million, and subject to customary closing adjustments. […]
Renewable energy company Ørsted and water supplier Salt River Project (SRP) partnered with Meta, to support the Facebook parent’s Mesa data center, with a new solar energy and battery project, on Monday. Ørsted said Meta will receive majority portion of the solar energy generated by its Eleven Mile Solar Center, a 300-MW solar farm and […]
India’s reknown renewable energy company ReNew Energy Global Plc signed a memorandum of understanding (MoU) with Asian Development Bank on Sunday, with reason to collaborate on climate change mitigation and adaptation projects. The company said overall investment value the MoU project covers is over $ 5.3 billion between 2023 and 2028. The MoU was signed […]
Renewable Energy firm Masdar partnered with Perusahaan Listrik Negara (PLN), Indonesia’s state-owned utility company, on Sunday with an objective to erect Southeast Asia’s largest floating solar power plant in order to explore green hydrogen opportunities. The deal was signed by Mohamed Jameel Al Ramahi, Masdar’s CEO, Darmawan Prasodjo, executive chief of PLN Group and Ruly […]
Nuclear power generating firm Ontario Power Generation (OPG) and its peer Westinghouse Electric Co signed a Memorandum of Understanding (MOU) on Thursday, in Paris at the World Nuclear Exhibition. This partnership aims to establish a framework for deployment of nuclear technologies said OPG, also to investigate potential business prospects for Westinghouse’s AP1000, AP300 and eVinci […]
Aviation firm Gulfstream Aerospace Corp said it completed the world’s first ever trans-Atlantic flight using 100% sustainable aviation fuel (SAF) on Monday. The company said this flight was accomplished with the Gulfstream G600 aircraft on November 19. The flight took off from the company’s headquarters in Savannah and landed 6 hours, 56 minutes later at […]
Solar electric power generator TotalEnergies ENEOS signed a deal with Kinpo Group, electronic manufacturing firm on Friday, to provide 11.9 megawatt-peak (MWp) solar rooftop photovoltaic (PV) system for its facility in Batangas. In this agreement, TotalEnergies ENEOS said it will fully fund, install and operate PV system, while Kinpo Group will pay only for the […]
Offshore wind company RWE signed a memorandum of understanding (MoU) with Hyundai Motor Group’s subsidiary, Hyundai Engineering & Construction (Hyundai E&C) on Wednesday, to cooperate in the field of offshore wind and green hydrogen. The renewable energy firm said it aims to accelerate energy transition in South Korea through promotion of offshore wind along with […]
Energy management firm Schneider Electric said it will acquire EcoAct SAS, sustainability consultancy firm, on Tuesday. The deal completion follows consultation with the relevant employee representatives and approval from the competent regulatory authorities, said Schneider. The firm said final negotiation regarding the deal was completed on July 3, with Atos Group. The deal value, however, […]
Supplier of black carbon Orion S.A. launched its new innovation PRINTEX kappa 10 on Thursday. The company said this high-caliber conductive additive will meet the increasing demand from manufacturers of lithium-ion batteries for electric vehicles, energy storage systems, and consumer applications. The conductive additive is a key auxiliary material for lithium-ion batteries, which plays an […]
