Honeywell invests in ESS to advance adoption of iron flow battery energy storage
Honeywell purchased $27.5 million in ESS common stock and intends to purchase $300 million in ESS product, with $15 million prepaid. The collaboration enables Honeywell to integrate ESS technology into its global offering, and ESS gains license to Honeywell’s flow battery intellectual property. Honeywell and ESS are collaborating on advancing development of iron flow battery […]
Ghana minister advocates renewable energy in rural areas
Ghanaian Deputy Minister of Energy, Mr Andrew Mercer, has revealed that renewable sources of energy will aid in the electrification of rural and unserved areas. He said this in a statement made available to The PUNCH on Monday after the Nigeria Energy Exhibition and Conference in Lagos, titled, ‘Unlocking new value with reforms, investments and […]
Contractor’s Corner: Renewable IPP Alaskan EPC brings large-scale solar projects to The Last Frontier.
Renewable IPP is a young EPC company in the far northwest that just energized a milestone project — an 8.5-MW solar array in Houston, Alaska. In this episode of the Contractor’s Corner podcast, I talk to Jenn Miller, CEO, and Chris Colbert, CFO, about the things that make utility-scale solar in Alaska different from the… […]
Sunrise brief: U.S. energy storage deployments to exceed 10 GW this year
Also on the rise: Nextracker opens steel manufacturing facility in Las Vegas. Briggs & Stratton launches new lithium iron phosphate battery packages. And more. Briggs & Stratton launches new lithium iron phosphate battery packages The new systems include a battery, an inverter and a control system. The U.S. manufacturer claims its storage systems have a […]
US sets new quarterly record for energy storage installed
The U.S. energy storage market added 5,597 MWh in Q2 2023, a new quarterly record. This is according to the latest “U.S. Energy Storage Monitor” report from Wood Mackenzie and the American Clean Power Association. The grid-scale segment led the way in Q2 with a record-breaking 5,109 MWh in Q2, beating the previous record in… […]
Nigeria’s Annual Upstream CAPEX Drops To $6bn- NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure decreased from 27 billion dollars in 2014 to less than six billion dollars in 2022. The Chief Executive of NUPRC, Mr Gbenga Komolafe, revealed this on the sideline of the World Petroleum Congress (WPC) in Calgary, Canada. Komolafe, represented by […]
Galadanci proffers solution to maternal deaths at 78th UNGA
Professor of Obstetrics and Gynaecology, Hadiza Galadanci, has attracted global attention with the scientific research findings proffered to check needless mortalities among mothers and newborns globally. The Kano-born medic, who shared her innovation on the treatment of Postpartum Hemorrhage (PPH) at the 2023 Goalkeepers event at the ongoing 78th session of the United Nations General […]
UBA’s $6bn financing solutions for African SMEs powered by AfCFTA partnership
Africa’s Global Bank, United Bank for Africa (UBA) has announced an initiative aimed at providing robust and comprehensive financing solutions to support and boost activities of Small and Medium scale Enterprises (SMEs) across the African continent. Through this initiative, UBA will be giving SMEs the opportunity to access financing for small businesses that specialise in […]
Truecaller launches AI solution to detect scam callers
Truecaller has launched a new Artificial Intelligence solution that will alert users of scammers to protect them from fraud calls. The firm noted that its new anti-fraud feature called Search Context was part of its AI Identity engine. Explaining how the feature works, the firm, in a statement, said, “While looking at the search results […]
Reps set to present report on NNPCL’s acquisition of OVH Energy
Tribune Online Reps set to present report on NNPCL’s acquisition of OVH Energy The Ad-hoc Committee investigating the alleged fraudulent acquisition of OVH by Nigerian National Petroleum Corporation Limited (NNPCL) is set to present its report to the House on resumption from the two-month recess. Chairman of the Ad-hoc Committee, Hon. Hassan Nalaraba who spoke […]