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According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), energy storage installations surpassed 12GW in 2024.
Buried deep underground at depths of 1,093 to potentially 3,000 meters, the deposit is part of the Carboniferous aquifer and demonstrates substantial concentrations of naturally occurring hydrogen. This discovery is not just about France; it represents a possible game-changer for the clean energy landscape.
This agreement marks the beginning of a promising collaboration in the Middle East, underscoring Sungrows commitment to pioneering sustainable energy solutions. Sungrows recently unveiled four-to-one ALK hydrogen production system streamlines operations, enhances energy conversion rates, and significantly reduces overall costs.
Surge in demand for customer engagement, energy efficiency solutions also drives company toward profitability LOS ALTOS, Calif., December 12, 2024 Bidgely , a leading global energy intelligence company, drove momentum for profitability in 2024 by quadrupling revenue for its grid products.
Revolutionizing Hydrogen Vehicles with Swappable Hydrogen Cartridges Hydrogen-powered vehicles have long been recognized as a sustainable alternative to fossil fuel cars. What sets this hydrogen-poweredelectric vehicle (FCEV) apart is its groundbreaking Hydrogen Swapping System (H2SW).
Throughout its lifecycle, generative AI has a significant environmental impact Generative AI adoption has accelerated rapidly, with previous Capgemini research showing that while only 6% of organizations had integrated generative AI across their business functions and locations as at end-2023, that figure had risen to 24% as at October 2024.
Now, new breakthrough climate accounting technologies are emerging as solutions to track and verify energy and carbon emissions, and report energy purchases and consumption. As more of these services hit the market, corporations making ambitious climate pledges will need to adopt energy and carbon tracking and reporting technologies.
ExxonMobil Baytown Low-Carbon Hydrogen and Ammonia Project: A New Milestone in Clean Energy ExxonMobil, one of the worlds leading energy companies, is progressing with plans for a cutting-edge low-carbon hydrogen and ammonia facility in Baytown, Texas. This ambitious project, expected to produce up to 28.3 Gulf Coast.
This year was transformative for the space industry. While there are many predictions for the growth of the industry in 2025, three key themes stand out with particular excitement for the year ahead. Deforestation in Manoel Urbano, Brazil on March 24, 2024.
As of 2024, Trkiyes geothermal energy potential has seen notable progress. According to the 2024 Activity Report published by the General Directorate of Mining and Petroleum Affairs (MAPEG), key figures related to initial applications, exploration licenses, and operational licenses for geothermal resources have emerged.
The HFN team was thrilled to be on the ground at the 2024 LA Car Show, where automotive innovation was on full display. Amid the packed halls and dynamic displays, Hyundai emerged as one of the most talked-about brands, unveiling two standout vehicles: the sleek Ioniq 9 and the groundbreaking hydrogen-powered SUV concept, the Hyundai Initium.
The project involves attaching a generator and power converter to a buoy located off the Northumberland coast. A group at Newcastle University is preparing to install a prototype Wave Energy Converter (WEC) in the North Sea. Wave energy can be considered a concentrated form of solar energy, says the group.
Toyota to Test Hydrogen-Electric Hybrid Van in Australia Toyota Motor Corporation has announced its plans to embark on public road tests for a new hydrogen-electric hybrid HiAce van in Australia next spring. This cutting-edge vehicle showcases a dual power system, seamlessly integrating a hydrogen engine with an electric motor.
Xcel Energy has announced the start of the rollout of smart electricitymeters in its Wisconsin service territory. The installations will start in the company’s southern communities and will lead to the installation of more than 260,000 of the new smart meters in the service area through 2025. million electricity and 2.1
Record-Breaking Financial Momentum Bloom Energy has closed 2024 on a high note with remarkable financial results. For the full year, Bloom Energy generated $1.47 This surge in financial performance stems largely from robust growth in product and service revenues, which jumped 67% in the last quarter of 2024 alone.
Funded by the Department for Energy Security and Net Zero, the project is centred on Worthing Crematorium in West Sussex and is part of Adur & Worthing Council’s plan to become carbon neutral by 2030. If these tests are successful, the technology will be brought over to trial at Worthing Crematorium as early as spring 2024.
The nation’s power sector is also heavily reliant on hydrocarbons, which is hardly surprising considering its affordability and supply. With an ambitious renewable energy target of 50% of its power supply by 2030, is there a prominent role for geothermal in Saudi Arabia’s energy mix?
Smart meters are prominent in water companies’ 2025-2030 business plans, in line with regulatory expectations for large-scale rollouts. What are the key benefits of smart meters for utilities and their customers? What are the key benefits of smart meters for utilities and their customers?
The directional well was drilled into a fracture zone at 7500-8000 feet (2286 – 2438 meters) deep. The estimated capacity of the well is estimated to exceed 200 MWth, and will be more than enough for the 15 MWe Lightning Dock power plant. The geothermal field was put up to sale due to underperformance issues.
San Diego Gas & Electric (SDG&E) has filed a $3 billion plan for the years 2024-2027 towards its ongoing clean energy drive. Among the major investments detailed is the implementation of the next generation of smart meters in order to give customers more control, access and insights into their energyusage.
million smart meters — but with regulator insistence that it share the benefits of the data they will collect with its customers. Thursday’s approval of Public Service Electric & Gas’s $778 million advanced metering infrastructure (AMI) plan marks the first big deployment for the state.
Industry group calls on governments to ensure regulation is fit for purpose and “look beyond LCOE”, in order to accelerate growth of wind energy and meet climate targets. According to the report, 2019 was the second biggest year for wind power historically, with installations of 60.4
As the world moves steadily toward sustainability, Ampace’s debut at EICMA 2024 in Milan marks a milestone for the e-mobility sector, showcasing its newest Kun-Era series battery technology. As environmental consciousness reshapes consumer and industry demands, Ampace’s Kun-Era series represents a bold step forward.
10, 2024 — Today, Carbon Mapper released the first methane and carbon dioxide (CO2) detections by the Tanager-1 satellite. Right — a zoomed-in detail of the methane plume detected at a landfill in Karachi, Pakistan on September 19, 2024. Plume of CO2 detected from a coal-fired power plant in Kendal, South Africa on September 19, 2024.
Happy New Year 🎉 We’re glad to be back in your inbox after a little R&R over the holiday break, and we’ve got one last gift for you: our 2024 Climate Tech Investment Trends report, live now. Investors didn’t fully push the restart button in 2024, as the 2023 “wait-and-see” crowd had hoped.
This strategic approach enabled the effective provision of energy across various areas of the event, including performance stages, catering, and production. They feature a remote two-way connection to the machines and the grid available onsite, ensuring monitoring of the application to reach the highest efficiencies.
Sigfox, as one of the Low-Power Wide-Area (LPWA) wireless communication technologies, is designed to connect sensors and devices securely at low cost in the most energy-efficient way to enable Massive IoT. In June 2024, Sigfox SA was selected as the network to support South Africa’s transition to smart water meters.
GW of solar in 2024. Texas is also the fastest-growing market for grid storage, adding nearly 9,700 megawatts to the grid in 2024. Solar electricity generation and utility-scale batteries within the Electric Reliability Council of Texas (ERCOT) power grid set records this summer.
Country on track reach 1,200GW of installed wind and solar capacity by end of 2024 – six years ahead of Beijing’s target The amount of wind and solar power under construction in China is now nearly twice as much as the rest of the world combined, a report has found. Continue reading.
Despite the headwinds of 2023, the US solar industry is expected to have grown 55% compared to 2022, amounting to nearly 33 GWdc of capacity. Energy efficient heating and cooling improvements are gaining in awareness and popularity. Take a look at a few of the trends we’re predicting in 2024. Additionally, 3.2 Additionally, 3.2
Australian shipbuilder Incat Tasmania is building a gigantic new battery-electric ferry. The lightweight catamaran has an overall length of 130 meters and a capacity of 2,100 passengers and 225 vehicles. Norwegian maritime industry battery provider Corvus Energy will supply the battery systems to Wärtsilä.
The global energy storage market quadrupled last year to 4 gigawatts of new installations and will surge to a 15-gigawatt annual market in 2024, even as system price declines slow down, according to Wood Mackenzie. But the market has seen a rash of major project announcements recently, driven in particular by the U.S.,
2024 is here, and it’s full of promise for the climatetech industry. Cell-based meat Named to Lux Research’s “Climate Tech 2024 Watch List” Tender is introducing a new generation of alternative meat products—produced in the kitchen by chefs—that have the same texture, taste, and consistency as real meat.
Chinese manufacturer MingYang Smart Energy has unveiled a 264-meter tall, 16-megawatt capacity offshore wind turbine. 242 becomes the world’s largest hybrid drive wind turbine with a 242-meter diameter rotor, 118-meter long blades, and 4,600 m2 swept area. The MySE 16.0-242 ” The MySE 16.0-242
Today, on the first day of Enlit Europe 2023 in Paris, ABB launches two industry reports, sharing insights on the key digitalization and sustainability trends that are shaping the energy transition. In 2024, we expect this to result in an increased adoption of connected digital technologies, retrofitting and circularity.
Coal-fired power plant in Inner Mongolia. The pace at which renewable energy is being developed in China is leading to a slowdown in the approval of new coal-powered projects, according to a new report from the Centre for Research on Energy and Clean Air and Global EnergyMonitor.
Twenty-four startups joined our community in Q1 2024, working on innovations ranging from biobased building materials, to sustainable rubber, to solar-powered flight. Buildings Carbon Negative Solutions is creating smart-city-ready, carbon-negative concrete products. The startup is participating in Go Build 2023.
Contributed by Saverio Grosso, Edison Energy. Under the Act, passed in 2019, most buildings over 25,000 square feet—roughly 50,000 residential and commercial properties across the city—must meet new energy efficiency and greenhouse gas emissions (GHG) reductions by 2024, and stricter limits in 2030. Last month, the U.S.
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Stem Inc has reaffirmed guidance of positive adjusted EBITDA for 2024, despite starting the year with a 62% year-on-year decrease in reported revenues and a fall in bookings.
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The penetration rate of smart gas meters in Europe reached 45% in 2023 and is set to increase to about 62% by 2028, Berg Insight has reported. In 2023 the installed base of smart gas meters amounted to 55.9 million units per year during 2024–2025. million units and at a CAGR of 6.8% is projected to reach 77.6 Have you read?
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