GreenRoc Strategic Materials plc (AIM: GROC), a company specializing in critical mineral projects in Greenland, announced a significant step forward with the signing of a Memorandum of Understanding (MOU) with Morrow Batteries ASA, a Norwegian firm focused on developing sustainable and high-performance lithium-ion battery cells. Alongside this MOU, GreenRoc has initiated the setup of a…
All posts tagged Renewable energy
Tesla Roundup: Crypto Endorsements, Political Backlash, and Charging Innovations
Elon Musk’s Crypto Endorsement and Political Moves Elon Musk, the Tesla billionaire, has recently endorsed bitcoin and backed Howard Lutnick for Trump’s Treasury secretary. This move comes amid Musk’s warnings about U.S. government spending and potential financial emergencies. His endorsement of Donald Trump has sparked anger among some Tesla owners, leading them to buy anti-Musk…
Mercury NZ announces leadership changes to drive new three-year goals
WELLINGTON: Mercury NZ Limited’s Chief Executive, Stew Hamilton, has announced significant changes to the company’s Executive Leadership Team to support its new three-year objectives. Mr. Hamilton, who has been in the role for about two months, emphasized the importance of engaging with team members and stakeholders to steer Mercury’s growth. Two existing roles have been…
Microsoft signs record-breaking deal to power AI with renewables
Microsoft has partnered with Brookfield Asset Management in a monumental agreement to support approximately $10 billion worth of new renewable energy initiatives. This deal represents the most significant corporate investment in renewable energy to date, with the goal of meeting the increasing energy requirements of artificial intelligence (AI) technologies and data centers. A New Era…
Chariot Limited announces strategic review of its Transitional Power Division
LONDON: Chariot Limited (AIM: CHAR), a company at the forefront of Africa’s transitional energy sector, has declared the commencement of a strategic review for its Transitional Power division. This division is dedicated to delivering sustainable power and water solutions across Africa, with a particular emphasis on renewable energy projects and electricity trading. Since its inception…
Julieann Esper Rainville becomes new CEO of Power Factors
Power Factors, the leading software solutions provider for the renewable energy sector, has announced the appointment of Julieann Esper Rainville as its new Chief Executive Officer. She will succeed Gary Meyers, who will become the Executive Chairman of the Board of Directors, according to a news release. Esper Rainville has over 27 years of software…
Active Energy settles dispute with PDI over CoalSwitch® production
LONDON: Active Energy, a renewable energy company, has reached a settlement agreement with Player Holdings and its subsidiaries (PDI) over the former production of CoalSwitch®, a biomass fuel, at PDI’s facility in Maine. The settlement involves PDI paying Active Energy $1.65 million and taking over some of the production equipment that Active Energy had invested…
SolGold partners with Ecuadorian & American firms to power Cascabel with renewable energy
SolGold PLC, the developer of the flagship Cascabel copper-gold project in northern Ecuador, has signed a Memorandum of Understanding (MOU) with three leading companies to develop a sustainable power project that will deliver about 200 megawatts of clean, renewable energy to the Cascabel site. The partners are Grupo Empresarial Semaica, a major construction company in…
Cindrigo acquires 50-year lease on Finnish waste to energy plant
LONDON: Cindrigo (LSE:CINH), a renewable energy company, has announced that it has signed a Memorandum of Understanding (MOU) with Amtroy OÜ for the acquisition of a 50-year lease on a 110 MW waste to energy (WTE) plant in Kaipola, Finland. The plant, which was built by UPM Kymmene Corporation as part of its paper mill…
TRIG acquires Bristol-based energy developer Fig Power
LONDON: TRIG, a leading renewable energy investment company, has announced the acquisition of Fig Power, an energy projects developer specialising in battery storage. The deal is worth c. £20m over the next two years, with half of the amount paid upfront and the rest invested in ongoing development. Fig Power has a 1.7GW development pipeline…
CTC Global secures strategic investment from Endeavour and Greenbelt
CTC Global, a leader in advanced conductor technology, has received a strategic investment from Endeavour Capital and Greenbelt Capital Partners to accelerate the growth of its products that enhance grid efficiency and reduce emissions. The Irvine, CA-based company specializes in engineering and manufacturing advanced conductor cores for high-voltage transmission cables. Its flagship products, ACCC Conductor…
Good Energy to acquire solar and storage specialist JPS Group for up to £13.75 million
LONDON, UK: Good Energy Group PLC (AIM: GOOD), a renewable electricity and energy services provider, has signed a binding agreement for the acquisition of JPS Renewable Energy Ltd (JPS), a solar and storage installation and distribution business, and its subsidiary Trust Solar Wholesale Limited (Trust), a distribution and procurement business. The acquisition is on a…