SKT, Iceotope and SK Enmove team up for AI data center innovation
SK Telecom, Iceotope Technologies, the global leader in Precision Liquid Cooling, and SK Enmove, Korea’s leading base oil and lubricants provider developing thermal fluids for data center, signed a memorandum of understanding (MOU) to collaborate on the development of liquid cooling technique/solution that optimizes energy-efficiency of AI data centers. Since air conditioning and cooling systems […]
Itron and Schneider Electric team up to simplify energy distribution
Itron, Inc., which is innovating the way utilities and cities manage energy and water, and Schneider Electric, the leader in the digital transformation of energy management and automation, are collaborating to improve energy and grid management for utilities as homeowners and businesses increasingly adopt distributed energy resources (DER)—like rooftop solar, battery energy storage, electric vehicles and […]
Powin announces agreement with Pulse Clean Energy
Global energy storage platform provider Powin LLC (Powin) announces an agreement with Pulse Clean Energy (Pulse), an investor, developer and operator of flexibility and stability assets in the UK. The agreement is to deploy a 50 MW/110 MWh Battery Energy Storage System (BESS) on project Overhill, located in Scotland, UK. The UK government has established […]
Galp and Powin partner to Build Large-Scale Energy Storage System
Global energy storage platform provider Powin LLC and Galp, Portugal’s leading integrated energy company, have partnered to install a utility-scale battery energy storage system (BESS) at one of Galp’s solar power plants near Alcoutim, a small village in the country’s sunny southern region of the Algarve, where Galp operates several projects with a combined capacity of […]
Venture Global and Grain LNG ink a new agreement
Grain LNG and Venture Global have announced the execution of a binding long-term terminal use agreement (TUA) enabling the regasification and sale of LNG from all of Venture Global’s terminals in Louisiana, including CP2 LNG, subject to obtaining necessary federal permits. Under the agreement, Venture Global will have the ability to access 3 million tonnes per […]
Ole Hoefelmann joins Nikola Energy as President
Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via its HYLA brand, announced the appointment of Ole Hoefelmann as President of the Nikola Energy division, effective February 5, 2024. A 30-plus year veteran of the hydrogen business, including decades in executive positions at Air Liquide and a stint at Plug Power, Hoefelmann most […]
Newmont appoints Peter Wexler as Chief Legal Officer
Newmont Corporation yesterday announced the appointment of Peter Wexler as Chief Legal Officer. Peter will join Newmont’s Executive Leadership Team and be responsible for leading the company’s legal, compliance and regulatory affairs globally. Peter is an experienced legal and risk management leader with more than three decades of international knowledge in managing legal, risk, compliance, M&A, […]
CES 2024: Intel drives ‘AI Everywhere’ strategy into the automotive market
Yesterday at CES, Intel announced plans to drive the company’s AI everywhere strategy into the automotive market, including a deal to acquire Silicon Mobility, a fabless silicon and software company that specializes in SoCs for intelligent electric vehicle (EV) energy management. Intel also announced: a new family of AI-enhanced software-defined vehicle system-on-chips (SoCs), with Zeekr as the first original […]
SynMax secures USD 13Mln in recent investment round
Houston-based data intelligence company, SynMax, specializing in maritime and energy intelligence, announced the successful closure of its latest investment round. The company has raised $13 million at a $50 million pre-money valuation, led by renowned energy trader Bill Perkins. The round also saw participation from Alex Moore, co-founder of Palantir. This significant financial milestone will […]
ADS-TEC Energy signs definitive agreement for private investment by Svelland Capital
ADS-TEC Energy, a global leader in battery-buffered, ultra-fast charging technology, recently announced the signing of a definitive agreement for a private investment by Svelland Capital, a distinguished and highly-ranked investment company in the energy sector. The private placement is expected to close on December 28, 2023, subject to customary closing conditions. “Svelland Capital has extensive […]
