Thai billionaire entrepreneur Sarath Ratanavadi plans to merge his energy and telecoms companies in a new firm, which will be worth around $20.5 billion. Ratanavadi, with a net worth of $10.8 billion as of July 17, owns Gulf Energy Development, one of Thailand’s largest power producers by installed capacity. The businessman, number 5 on Forbes’ list
NineDot Energy battery site in the Northeast Bronx (Photo: Business Wire) Commitment from NY Green Bank doubled based on NineDot’s demonstrated performance and advancement of New York’s energy storage deployment NEW YORK, July 17, 2024–(BUSINESS WIRE)–NineDot Energy®, the leading developer of community-scale battery storage projects in the New York City metro area, today announced the
FAIRFIELD, N.J., July 17, 2024 (GLOBE NEWSWIRE) — Transparent Energy, the national leader in auction-based energy procurement for renewable energy, traditional power, and natural gas, today introduced the members of its inaugural Strategic Advisory Board: Derek Ashbaugh, former Managing Director, Global Trading and Origination at BP; Meg Carey, energy procurement and sustainability entrepreneur and consultant
The Department of Energy unveiled on Tuesday the details of a sweeping new initiative that could dramatically increase the federal government’s work on artificial intelligence. DOE, alongside its network of 17 national labs, is pledging to “build the world’s most powerful integrated scientific Al systems.” But the initiative — dubbed Frontiers in Al for Science,
According to Lucid, the Air Pure 2025 with its 84-kWh battery pack now has an EPA-estimated range of 420 miles, or 5 miles per kWh, making it the most energy-efficient model currently on the market. The model also features the longest range in Lucid’s lineup, and the lowest cost, starting from $69,900. The improvement was
“Over recent years there has been a clear step change in the policy settings that enable investment in clean energy at scale. “We are now increasingly seeing the return on this, with a year-on-year tripling of renewable energy added to the grid in 2023.” BESS key to renewable roll-out As the renewable energy and electrification
Kyivstar addresses power blackouts with industrial-grade generator fleet Amsterdam and Kyiv, 17 July 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that its wholly owned subsidiary Kyivstar continues to invest in resilient connectivity for Ukraine, with plans to deploy and additional 848 industrial generators
Energy Transfer LP and Sunoco LP today announced the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin. Energy Transfer will serve as the operator of the joint venture and contribute its Permian crude oil and produced water gathering assets and operations. Sunoco will contribute all its Permian crude
Wednesday, July 17, 2024 by Jo Clifton Austin Energy is working with a variety of community representatives to inform new power generation goals targeting 2035. The city adopted its 2030 plan about five years ago but a number of factors have changed, including increases in peak demand. The utility is still committed to being carbon-free
As radical climate activists rinse and repeat the tired strategy of blocking traffic, throwing soup, and destroying art, the state of our environment worsens. The status quo of environmental activism has left us divided, with the loudest voices dominating conversations while the silent majority, who want common-sense, practical solutions, suffers. We need visionary leadership in