In a groundbreaking initiative, Porsche AG has embarked on an innovative project aimed at repurposing used electric vehicle (EV) batteries into a formidable 5 MW energy storage system at their Leipzig, Germany plant. This revolutionary system comprises 4,400 battery modules, neatly divided among
A groundbreaking memorandum of understanding (MoU) was recently signed between SeaTwirl, a developer of floating wind turbines, and Serica Energy, an offshore oil and gas operator, to explore the electrification of offshore assets and activities using SeaTwirl's innovative floating wind turbines.
With a steadfast dedication to sustainable business practices, Seplat Energy plc, an indigenous energy company in Nigeria, is at the forefront of addressing the dual challenges of energy security and climate change mitigation. Seplat Energy’s strategy encompasses an array of initiatives aimed at
Massachusetts has taken another significant step towards both state decarbonization and addressing its acute housing crisis by awarding $53 million in grants under the Massachusetts Affordable Housing Decarbonization Grant Program. This initiative aims to retrofit affordable housing properties to
Amid the rapid growth of renewable energy sources, the energy sector is in dire need of advanced grid balancing technologies. UPM Energy, Finland’s second-largest electricity producer, is spearheading an initiative to address this need through strategic investment in an ultracapacitor system at the
Innovative breakthroughs in solar energy technology have captivated the scientific community, and recent developments by scientists at the University of Oxford promise to revolutionize the field. Central to this evolution is the creation of a micro-thin, light-absorbing material composed of