LUMA Energizes Three Power Transformers to Strengthen Puerto Rico’s Grid Reliability

The recent installation of transformers at Sabana Llana, Crea, and Mora substations marks a significant step in Puerto Rico’s grid modernization. Funded by federal and non-federal sources, these projects bolster system capacity, reduce risks, and ensure stable power for communities.

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OMV Secures €450 Million EIB Backing to Build One of Europe’s Largest Green Hydrogen Projects

Vienna-based integrated chemicals, fuels and energy company OMV announced today a new €450 million (USD$514 million) loan agreement with the European Investment Bank (EIB), to help fund the construction of one of the largest green hydrogen production plants in Europe.…

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Hephae Raises $17.8 Million for Technology Enabling Access to Deeper, Hotter Geothermal Energy

Geothermal technology startup Hephae Energy Technology announced that it has raised $17.8 million in a Series A funding round, with proceeds aimed at accelerating the commercial deployment of its ultra-high temperature robotics-based drilling technology aimed at enabling developers to access…

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