Soaring monthly electricity bills charged by California utility companies siblings could hobble the state’s quest for a green energy Holy Grail, a new report shows. Southern California Edison, San Diego Gas & Electric and PG&E levy charges for monthly bills that are far higher than the national average, making California electricity rates the second highest … Read more
Artificial Intelligence (AI) integration across diverse industries is already paying off for businesses worldwide. Last year’s bullish US stock market rally led by the “magnificent seven” stocks was rewarding for investors who bet heavily on the AI hype. As investments in AI continue to grow, Wall Street is analysing its impact on economies, labour, and … Read more
BEIJING, Dec. 16, 2024 /PRNewswire/ — On December 12th, 2024, the second Hithium Eco-Day, themed “The Freedom of Energy, The Revolution of Life,” was held successfully in Beijing, China. Through this event, Hithium world premiered three innovative products: the ∞Power 6.25MWh 2h/4h full-scenarios high-capacity BESS, the first specialized sodium-ion battery for utility-scale energy storage—∞Cell N162Ah, and the … Read more
NEW YORK, Dec. 13, 2024 /PRNewswire/ –The global industrial hvac market size is estimated to grow by USD 7.01 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 8.63% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview … Read more
NEW YORK, Dec. 5, 2024 /PRNewswire/ — PEI Global Partners (“PEI”) is pleased to announce that Project Trident has been awarded the prestigious “Power & Transmission Acquisition of the Year – North America” honor at the IJInvestor Awards 2024. The IJInvestor Awards celebrate achievements in infrastructure finance and investment, recognizing groundbreaking deals and the teams … Read more
“Empowering Green Value Chains, Contributing to New Productive Forces” Side Event was Successfully Held at COP29 BAKU, Azerbaijan, Nov. 23, 2024 /PRNewswire/ — The side event titled “Empowering Green Value Chains, Contributing to New Productive Forces” was held in Baku, Azerbaijan, during COP29. The event was jointly organized by the Vanke Foundation, C Team, and Phoenix … Read more
WASHINGTON, Oct. 10, 2024 /PRNewswire/ — IDB Invest structured a facility to purchase over 99% of certificates of payment issued by the Tariff Stabilization Fund, in accordance with Chile’s new MPC Law, in a key step to ensure the stability of Chile’s energy system and tariffs. The transaction will end the accrual of debt with power … Read more
Picture Alliance | Picture Alliance | Getty Images American Water, the largest water utility in the U.S., disclosed that it had been hit by a cyberattack. The Camden, New Jersey-based company said in a security statement on its website that it had learned of “unauthorized activity in our computer networks and systems” last Thursday, which … Read more
Wärtsilä intelligent BESS; via Wärtsilä. The new Quantum 3 battery energy storage system (BESS) from Wärtsilä is being describes as an intelligent, cutting-edge solution designed to meet the ever-evolving needs of utility-scale energy storage customers. Housed in a 20-foot ISO container with single-side access, Quantum 3 is a complete AC block solution, with fully integrated … Read more
ANAHEIM, Kalifornia, 13 września 2024 r. /PRNewswire/ — Firma Pylontech US wyraźnie zaznaczyła swoją obecność podczas RE+ 2024 – największych targów czystej energii w Ameryce Północnej, które odbyły się w tym tygodniu w Anaheim w Kalifornii. 1 2 Po kolejnych latach rozwoju firma Pylontech w ubiegłym roku przyspieszyła realizację strategii lokalizacji, a początkiem tego roku … Read more
