A semi-trailer that helps propel itself entered commercial road testing in late May, when a powertrain kit developed by Nivalis Energy Europe, headquartered in Luxembourg with engineering operations in Germany, was fitted to a trailer supplied by Amsterdam-based TIP Group.…
Geothermal energy technology company Quaise Energy announced that it has raised $134 million at the first close of a Series B funding round, with proceeds aimed at supporting the development of the world’s first commercial superhot geothermal power plant. Founded…
TenneT Germany, the largest electricity transmission system operator in Germany, announced that it has raised €3.5 billion in its inaugural green bond offering, marking the largest corporate issuance to date under the EU’s European Green Bond (EuGB) standard. TenneT noted…
Developer New Leaf Energy withdrew its application for a battery energy storage system (BESS) in Santa Cruz County, California, US, choosing to seek approval through the California Energy Commission (CEC).
Energy transition-focused investor Quinbrook Infrastructure Partners announced today the final close of its Quinbrook Renewables Impact Fund II (QRIF II), raising £587 million (USD$784 million) in commitments for the UK-focused renewables infrastructure strategy, well ahead of the fund’s £500 million…
L-H Battery Company commenced lithium-ion (Li-ion) cell production at its Jeffersonville, Ohio, US plant this month, for automotive and stationary power applications.
Singapore-based nature-based solutions project developer Thryve.Earth announced that it has signed a series of long-term offtake deals with Google, McKinsey and Tencent to remove more than 635,000 tonnes of carbon through a new agroforestry project restoring 6,000 hectares of degraded…
Africa-focused climate technology venture capital firm Catalyst Fund announced the launch of Catalyst Climate Resilience Fund I, raising $30 million at the fund’s second close to invest in early-stage climate technology startups. Launched in 2016, Nairobi-based Catalyst Fund is an…
Energy-storage.news spoke with Gerry Liu, GM of Hiconincs, at Intersolar Europe in Munich. We discussed the company’s residential energy offerings and its plans for the European market.
The European Central Bank (ECB) revealed that it has started the application of a new “climate factor” in its collateral framework, enabling the central bank to adjust the assigned value of assets pledged by banks as collateral for loans based…