Browsing: energy

Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc, has announced its agreement to acquire a 100% equity stake in RISEC Holdings, LLC, which owns a combined-cycle gas turbine power plant with a capacity of 609 megawatts (MW) in Rhode Island, USA. This strategic acquisition aims to bolster Shell’s position in the deregulated Independent System Operator New England (ISO New England) power market. The Rhode Island plant has been a vital asset for Shell since 2019, when SENA entered into an energy conversion agreement for 100% of the plant’s energy offtake. The acquisition will not only secure…

A major new joint venture has been announced in Saudi Arabia’s renewable energy sector, as Hithium Energy Storage Technology Co., Ltd., a global leader in energy storage solutions, teams up with the Saudi-owned firm, MANAT. The partnership, unveiled at the Solar & Storage Live KSA event, will see the two companies work together under the banner of a new entity called Hithium MANAT. The venture aims to bolster the local energy storage market while establishing one of the first large-scale Battery Energy Storage System (BESS) manufacturing facilities in Saudi Arabia. The new plant, which will have a production capacity of…

As the new Labour Government pushes forward with its ambition to transform Britain into a ‘clean energy superpower’, there are increasing calls to remove financial penalties on members of the public who generate their own renewable energy. While rooftop solar panels have become the go-to solution for many households and businesses, an increasing number of people, particularly renters and those living in flats, are turning to energy cooperatives. These cooperatives enable individuals to own a stake in large-scale wind farms and solar parks, allowing them to receive low-cost, green electricity to their homes via the national grid and their energy…

EcoFlow, a leading innovator in portable power and renewable energy solutions, hosted its first-ever EcoFlow Power Day on 5th September at the historic Industrial Museum Schöneweide in Berlin. Coinciding with IFA’s 100th anniversary, the event marks a key moment in the company’s global brand initiative, showcasing the latest products and technological advancements to a gathering of users, partners, media, and influencers. A Milestone Event for EcoFlow Harald Köhler, EcoFlow’s Product Development Manager, highlighted the importance of the occasion: “Today is a crucial moment for EcoFlow. By hosting the first EcoFlow Power Day at this historic location, we’re not only presenting…