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JPMorgan Chase partners with EDF to ensure zero carbon energy supply

JPMorgan Chase partners with EDF to ensure zero carbon energy supply

Financial services firm, JPMorgan Chase and energy company, EDF, have announced a collaboration to help power JPMorgan Chase’s UK offices with 100% renewable electricity.
Global energy storage market set to grow 20X by 2030; will hit 1 TWh

Global energy storage market set to grow 20X by 2030; will hit 1 TWh

According to the latest outlook from Bloomberg New Energy Finance (BNEF), energy storage installations will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020.
Gravity-based energy storage developer Energy Vault lands 1.6 GWh deal

Gravity-based energy storage developer Energy Vault lands 1.6 GWh deal

The gravity storage systems will be deployed at DG Fuels projects in Louisiana, British Columbia, and Ohio, providing green electricity in conjunction with solar to match demand load of green hydrogen production. The renewable power will be used to power HydrogenPro water electrolysis for both hydrogen and oxygen feedstock production.
Huawei secures contract for 1300MWh Saudi battery storage project

Huawei secures contract for 1300MWh Saudi battery storage project

Technology company Huawei Digital Power has been awarded a contract to build what is claimed to be the world’s largest battery energy storage system in Saudi Arabia.
European energy crisis proves the lie of ‘stable’ fossil fuels

European energy crisis proves the lie of ‘stable’ fossil fuels

Europe - a continent rich in technology and ambitious net-zero goals - needs to scale back its reliance on fossil fuels at the earliest.
How a strong state-industry partnership can help the GCC move to green energy

How a strong state-industry partnership can help the GCC move to green energy

The ongoing energy transition from fossil fuels to renewable energy requires that governments and the corporate sector collaborate in new ways.
Hitachi drops ABB Power Grids and is now officially Hitachi Energy

Hitachi drops ABB Power Grids and is now officially Hitachi Energy

This summer Hitachi announced its intention to change its name to Hitachi Energy and drop the joint venture name it adopted when it purchased the grid business from ABB. Today, the company is announcing that the former name, Hitachi ABB Power Grids, has been officially changed to simply Hitachi Energy.
Solar Surges in the Middle East and North Africa

Solar Surges in the Middle East and North Africa

Last year was a breakthrough year for solar in the Middle East with over 30 solar projects awarded – a ten-fold increase on 2013, according to The Middle East Solar Industry Associatio.
Renewable Energy in Europe and the Middle East

Renewable Energy in Europe and the Middle East

The U.S. Department of Energy compiles energy data on most countries around the world, including their domestic use of renewable energy.
Bolstering a Biofuels Market in the Middle East

Bolstering a Biofuels Market in the Middle East

The global demand for fossil fuels is swelling against a tight economic environment, and the Middle East is no exception. The domestic consumption of energy in the region is increasing at an astonishing rate. Saudi Arabia’s consumption of oil and gas has risen by approximately 5.9 percent over the past five years, while electricity demand is witnessing an annual growth rate of 8 percent. Although Middle Eastern countries are the world’s leading producers of fossil fuels, several clean technology initiatives have been launched in the last few years, indicating the region’s commitment to exploiting renewable sources of energy.