
Image credit: ACWA Power Saudi-listed ACWA Power has announced completion of the dry financial close for the $533 million Tashkent Riverside project in Uzbekistan, which includes a 500MWh battery energy storage system (BESS) and a 200MW solar PV plant. According to the company in a release, the BESS will be the largest in Central Asia…

Image courtesy 123rf The AES Corporation (AES) announced a strategic partnership with AI Fund, a venture studio, through which the companies will collaborate on co-building companies that leverage AI for energy transition solutions. “AES has a history of partnering with industry leaders to bring innovation to the energy sector,” said Andrés Gluski, AES President and CEO.…

Ravenwood has developed innovative seal detection software for its VXR vision pack inspection system. This technology guarantees 100% accuracy, and protects brand owners from financial loss, product recalls, and hefty fines. The new detection software is available to existing VXR customers and can also be ordered as an optional feature on new machines. With the…

Trade bodies have welcomed the arrival of a new Prime Minister with optimism but have warned Keir Starmer and his newly appointed government that there’s plenty to do to keep the industry productive. Karen Betts, chief executive of the Food and Drink Federation issued congratulations to Sir Keir Starmer MP and Labour on the decisive…

Image courtesy 123rf Demand response tech developer Voltalis has closed €215 million ($233 million) in loans to finance its infrastructure project of 1.4GWp of demand response capacity. According to the French tech company, the announcement marks the first non-recourse project financing structure dedicated to demand response. The company states in a release that this financing…

Lloyd’s Register (LR) has released the Fuel for Thought: Nuclear report which finds that nuclear power could create emission-free shipping, while extending the life cycle of vessels and removing the uncertainty of fuel and refueling infrastructure development. However, it also points out that regulation and safety considerations must be addressed for its widespread commercial adoption.…

Purity Soft Drinks, makers of fruit juice and juice drink brands Juice Burst and firefly, is introducing attached caps across its entire Juice Burst range, making the packaging 100% recyclable from July 2024. The introduction of attached caps across all Juice Burst SKUs will make it easier for consumers to recycle the products more effectively,…

(Photo by American Public Power Association on Unsplash) The US Department of Energy’s (DOE) Grid Deployment Office announced $4.6 million for six projects to provide technical assistance to accelerate analysis of regional climate change threats and impacts on electric grid infrastructure. This investment, made through the Grid Resilience and Climate Change Impacts Analysis (GRACI) partnerships,…

Image credit: Getty The electrification of more areas of the economy, including transport, building systems and industry will drive a substantial increase in power demand by 2050. As the world transitions to a low-carbon future, utilities are looking to new digital solutions to help them meet their sustainability and reliability goals and manage a more…