This Week in Energy News: 11 Stories You Need to See
Saturday, December 16, 2023
A roundup of the week's most newsworthy energy industry press releases from PR Newswire, including updates in energy storage, EV charging, and solar power.
NEW YORK, Dec. 8, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the energy and natural resources industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
1. Ford and Resideo Launch 'EV-Home Power Partnership' Project Driving
Vehicle-to-Home Energy Management Benefits for CustomersFord and Resideo
are exploring new areas of value for customers who own an F-150 Lightning
and a Resideo smart thermostat to help enable potential monthly electric
bill savings, increased comfort and more efficient home energy use.
2. 10+ Countries Join First-of-Its-Kind Consortium to Deploy 5 GW of Battery
Energy Storage SystemsIn order to achieve the estimated 400 GW of
renewable energy needed to alleviate energy poverty by 2030 and save a
gigaton of CO2, 90 GW of storage capacity must be developed. The BESS
Consortium's initial 5 GW goal will help create a roadmap for achieving
the rest by 2030, demonstrating a key mechanism for accelerating a just
3. energyRe Announces $1.2 Billion Capital Raise to Accelerate U.S. Clean
Energy Transition"We are uniquely focused on decarbonizing U.S. cities
and hard-to-abate energy load centers with state-of-the-art electric
grids that unlock new sources of clean power across the country," said
Miguel Prado, Chief Executive Officer of energyRe.
4. Linux Foundation Energy Adds Five New Open Source Projects, Expanding its
Energy Infrastructure Tech Stack for Battery Storage, Grid Resilience, EV
Charging, and MoreAdditionally, LF Energy along with the Open Source
Security Foundation have released a free whitepaper providing best
practices for cybersecurity in energy infrastructure. This new research
and significant new technologies will help drive LF Energy and its
mission of creating a technology ecosystem to support rapid
5. Honeywell to Help Decarbonization of U.S. Virgin Islands Through Battery
Energy StorageWhen completed, the solar array and BESS will boost the
islands' decarbonization efforts by fulfilling 30% of its energy
consumption through renewable sources.
6. AM Batteries Closes $30M Series B led by Toyota Ventures to Accelerate
the Commercialization of its Dry Battery Electrode TechnologyWith
additional backing from top-tier strategic and financial investors, the
company's dry electrode battery manufacturing technology reduces CO2
emissions, speeds the battery manufacturing process, and reduces cost for
an expanding global EV market.
7. Group14 Technologies Accelerates Capability to Meet Demand in Asia for
Silicon Battery Technology by Advancing its IP Leadership"Securing our IP
portfolio lays the foundation for scaling our manufacturing capacity
worldwide and offering critical multi-sourcing capabilities to our
customers in the North American, European, and Asian markets," said
Group14 CTO Rick Costantino.
8. DEPCOM Power Builds Puerto Rico's Largest Solar and Energy Storage
SystemBecause of the island's size and limited available land, solar
systems that blend energy production with agricultural needs are
preferred. As a pilot site for agrovoltaics, Ciro One will use one of the
PV arrays for demonstration and scalability for future implementation,
and use sheep to manage fast growing vegetation.
9. Masdar and PLN Advance Plans to Develop World's Largest Floating Solar
Plant in IndonesiaThe companies also agreed to explore renewable energy
options around the world and the prospect of developing green hydrogen,
which has huge potential for decarbonizing hard-to-abate industries,
including steelmaking, construction, transportation, and aviation.
10. Groundbreaking Renewable Energy and Energy Efficiency Courses Launched
by Supplier Leadership on Climate TransitionTwenty-four partner
companies and industry associations alongside over 800 suppliers are now
members of the global collaborative, which provides organizations with a
scalable, cost-effective solution to reduce supply chain emissions
11. OhmConnect Announces Success of Pilot Program with SunPower Under
California Energy Commission's Demand Side Grid Support ProgramAs part
of a suite of programs implemented to address the energy shortages
caused by heat waves, wildfires, and other impacts of climate change,
the Market-Aware Behind-the-Meter Battery Storage Program offers
incentives to electric customers who provide backup generation to
support the state's electrical grid during extreme events, which can
ultimately reduce the risk of blackouts.
Read more of the latest energy-related releases from PR Newswire and stay caught up on the top press releases by following @PRNenergy on Twitter.
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SOURCE PR Newswire
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