Utilities
Applus+ in Australia partners with Abyss Solutions to revolutionize Non-Destructive Testing with Artificial Intelligence
HOUSTON, Dec. 5, 2024 /PRNewswire/ -- Applus+, a global leader in the Inspection, Testing and Certification sector, is pleased to announce a strategic partnership with Abyss Solutions (Abyss), a cutting-edge provider of Artificial Intelligence (AI) and machine-learning solutions for inspection an...
Green Hydrogen Costs of Production to Drop to US$2.5/kg by 2030, and US$1.80 by 2040, Clearing the Way for Heavy Industry Decarbonization
LONDON, Dec. 4, 2024 /PRNewswire/ -- Green hydrogen is emerging as an essential commodity for decarbonizing hard-to-abate industries. Yet, despite its clear sustainability benefits, the high production cost—known as the Levelized Cost of Hydrogen (LCOH)—has, to date, limited both investment in an...
Powering Construction Equipment with Green Energy - Microvast's battery at bauma CHINA 2024 in Shanghai
SHANGHAI, Dec. 4, 2024 /PRNewswire/ -- Bauma CHINA 2024 Shanghai Exhibition (referred to as "Bauma Show") was held at the Shanghai New International Expo Center, onNov 26th to 29th, 2024. More than 3,400 companies from 32 countries and regions around the world participated in the exhibition , ful...
Over $12 Billion Pledged for Land Restoration and Drought Resilience amid Crunch COP16 Land Financing Talks
RIYADH, Saudi Arabia, Dec. 4, 2024 /PRNewswire/ -- Global funding for drought resilience, land restoration and the fight against land degradation received a major boost on the second day of the sixteenth Conference of the Parties of the UN Convention to Combat Desertification (UNCCDCOP16), with o...
A Decade of Shanghai Electric's Acquisition of Nedschroef: New Factory Breaks Ground in Tarragona, Spain
Fostering Growth in Automotive Fasteners and Exploring New Industry Horizons
SHANGHAI, Dec. 4, 2024 /PRNewswire/ -- On the 10th anniversary of its
acquisition of Nedschroef,Shanghai Electric
Trina Storage and TÜV NORD Release Comprehensive White Paper on Safety and Reliability in Energy Storage Systems
MUNICH, Dec. 4, 2024 /PRNewswire/ -- Trina Storage, the global leading energy storage product and solution provider, is pleased to announce the release of its highly anticipated White Paper on the Safety and Reliability of Energy Storage Systems, co-authored with TÜV NORD. This comprehensive docu...
State Grid Kashgar Power Supply Company Successfully Completes 100th Live Working of the Year
KASHGAR, China, Dec. 3, 2024 /PRNewswire/ -- On November 29, State Grid Kashgar Power Supply Company achieved a significant milestone by successfully completing its 100th live working operation of the year. This accomplishment underscores the company's commitment to ensuring a reliable power supp...
Hyundai Motor Shifts Perceptions by Unveiling All-Electric IONIQ 9 SUV at Iconic Goldstein House in LA
* IONIQ 9 strengthens Hyundai Motor's position in the global EV market as the brand's first three-row electric SUV * World Premiere event was held at Goldstein House, an icon of mid-century modern architecture, reflecting Hyundai Motor's commitment to innovation and EV leadership through its ...
Vale Base Metals complete Voisey's Bay transition to underground mining
TORONTO, Dec. 3, 2024 /PRNewswire/ -- Vale Base Metals has completed construction and commissioning of itsUS$2.94 billion Voisey's Bay Mine Expansion Project in northernLabrador, a major milestone that will increase production of nickel in concentrate to 45,000 tonnes per year (45 ktpy) – a ...
The load of the Kashgar power grid has reached a new high, and the State Grid Kashgar Power Supply Company has actively responded to ensure stable power supply.
KASHGAR, China, Dec. 3, 2024 /PRNewswire/ -- On December 1, the Kashgar power grid load reached a historic 2.793 million kilowatts, not only breaking the historical record of grid load in Kashgar, but also surpassing the maximum load of 2.753 million kilowatts in the same period last year, markin...
Nel ASA: Receives another 10 MW purchase order from Samsung C&T
OSLO, Norway, Dec. 3, 2024 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has signed a new contract for 10 MW of alkaline electrolyser equipment for aboutEUR 5 million with Samsung C&T Corporation Engineering & Construction Group ('Samsung C&T') for its firs...
CNOOC Limited Brings On-stream Jinzhou 23-2 Oilfield Development Project
HONG KONG, Dec. 3, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Jinzhou 23-2 Oilfield Development Project has commenced production. The project is located in the northern part of the Bohai Sea, with an av...
Brevik Carbon Capture Plant Reaches Mechanical Completion
FORNEBU, Norway, Dec. 2, 2024 /PRNewswire/ -- SLB Capturi, a joint venture between SLB and Aker Carbon Capture ASA (ACC ASA), an Aker Horizons portfolio company, announced the mechanical completion of the carbon capture plant at Heidelberg Materials' cement facility in Brevik,Norway, a significan...
Aramco completes acquisition of 10% stake in Horse Powertrain Limited
* Following the signing of definitive agreements on June 28, 2024, Aramco has completed its acquisition of a 10% equity stake in Horse Powertrain Limited ("Horse Powertrain"), based on an enterprise value of €7.4 billion * Renault Group and Geely (through Geely Holding and Geely Auto) each ret...
Syharvest Aluminum Adapts to New Export Tax Rebate Policies with Strategic Innovations and Green Initiatives
FOSHAN, China, Dec. 2, 2024 /PRNewswire/ -- On November 15, 2024, China's Ministry of Finance announced changes to the export tax rebate policy, affecting industries including aluminum manufacturing. Syharvest Aluminum, a leader in the aluminum extrusion sector, has announced measures to proactiv...
LONGi and SEV Drives the Green Power Transition in Vietnam's Electronic Industry
HANOI, Vietnam, Dec. 2, 2024 /PRNewswire/ -- LONGi, the world-renowned pioneer in solar technology, has partnered with Solar Electric Vietnam JSC (SEV) to continue their efforts to promote green power transition within the electronic industry by delivering an advanced solar project inBac Giang pr...
State Grid Changji Power Supply Company Accelerates the Growth of the Chili Industry for Increased "Spicy" Revenue
CHANGJI, China, Dec. 2, 2024 /PRNewswire/ -- "We are extremely grateful for the support from the power supply company, which gives us peace of mind. We no longer have to worry about power issues affecting our yield and product quality," said Wang Guoying, the Deputy Secretary of the Party Committ...
FOTON Marks 1-Millionth Export Milestone and Factory Opening in Thailand
BEIJING, Dec. 2, 2024 /PRNewswire/ -- On November 27, 2024, FOTON celebrated the inauguration of its FOTON CP (Thailand) factory and the production of its 1-millionth export vehicle. Held during the 2025 FOTON Asia-Pacific Partners Conference inBangkok, the event was attended by over 400 guests, ...
State Grid Aksu Power Supply Company makes every effort to guarantee the full-capacity grid-connected power generation of the largest photovoltaic project in southern Xinjiang.
AKSU, China, Dec. 2, 2024 /PRNewswire/ -- On November 30, the Alar 2 million kilowatt photovoltaic base project (Phase I) of the First Division of the Xinjiang Corps successfully connected 1 million kilowatts to the grid to generate electricity, marking the official operation of the largest phot...
The total power installation in Aksu exceeded the 10 million kilowatt mark for the first time
AKSU, China, Dec. 2, 2024 /PRNewswire/ -- Recently, the Aksu region has ushered in a historic moment for the development of new energy. With the successful implementation of the 1 million kilowatts of full-capacity grid-connected power generation in Alar's 2 million kilowatt photovoltaic base pro...
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