Energy News

Stay informed on the energy industry with the latest press releases. Discover news on renewable energy, nuclear power, coal, oil, gas, and utility updates. Keep up with industry trends, technological advancements, and policy changes shaping the energy landscape.

Aug 7, 2025 at 1:46 PM

Radiance Solar Welcomes Todd Shutley as Chief Operating Officer

ATLANTA--(BUSINESS WIRE)--Radiance Solar, a leading solar engineering, procurement, and construction (EPC) company, is excited to announce the appointment of Todd Shutley as its new Chief Operating Officer. With extensive experience in operational leadership, Shutley joins Radiance Solar from Inlight Real Estate Partners, where he served as Chief Operating Officer. Prior to that, he held multiple senior management positions at Truist Bank including Chief Operating Officer of the Investment Bank...
Aug 7, 2025 at 1:36 PM

Emera Incorporated Announces Results of Series A and Series B First Preferred Shares Conversion

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Incorporated (“Emera” or the “Company”) (TSX/NYSE: EMA) announces that it has provided notice to the holders of its Cumulative 5-Year Rate Reset First Preferred Shares, Series A (the “Series A Shares”) and to the holders of its Cumulative Floating Rate First Preferred Shares, Series B (the “Series B Shares”) that 1,300 of its 4,866,814 issued and outstanding Series A Shares were tendered for conversion, on a one-for-one basis, into Series B Shares an...
Aug 7, 2025 at 12:24 PM

Lyten to Acquire All Remaining Northvolt Assets in Sweden and Germany

SAN JOSE, Calif. & STOCKHOLM & HEIDE, Germany--(BUSINESS WIRE)--Lyten, the global leader in lithium-sulfur batteries, announced today that it has entered into a binding agreement to acquire Northvolt’s remaining assets in Sweden and Germany. The acquisition includes Northvolt Ett and Ett Expansion (Skellefteå, Sweden), Northvolt Labs (Västerås, Sweden), and Northvolt Drei (Heide, Germany). Additionally, Lyten is acquiring all remaining Northvolt intellectual property (IP), and multiple members...
Aug 7, 2025 at 11:24 AM

India Energy Industry Research Report 2025-2035 | Future Demand-supply Dynamics - Renewables and New Energy Sources Playing a Dominant Role - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "India's Energy Future: Demand-supply Dynamics Amid Renewable Energy Growth & Energy Storage Revolution By 2035" report has been added to ResearchAndMarkets.com's offering. India’s energy supply mix is projected to undergo a significant transformation by 2035, with renewables and new energy sources playing a dominant role. India's clean energy transition is no longer a distant goal-it is a current megatrend demanding smart investments, scalable technologies, and...
Aug 7, 2025 at 9:25 AM

Energy Vault Enters into Exclusive Agreement for $300 million Preferred Equity Investment to launch “Asset Vault”, Accelerating the execution of 1.5GW of Global Energy Storage Projects under the Company’s IPP Build, Own and Operate Strategy

LUGANO, Switzerland & WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a global leader in grid-scale energy storage solutions, today announced it has entered into an exclusivity agreement for a $300 million preferred equity investment to fund the launch of Asset Vault, a fully consolidated subsidiary of Energy Vault dedicated to develop, build, own and operate energy storage assets, stand-alone or paired with generation facil...
Aug 7, 2025 at 9:22 AM

Saudi Arabia Home Energy Management System Market Overview 2025-2033 Vision 2030 Incentives, Sustainability Goals, and AI-Driven Smart Home Innovations Bolster Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Saudi Arabia Home Energy Management System Market Overview 2025-2033" report has been added to ResearchAndMarkets.com's offering. Saudi Arabia Home Energy Management System Market is expected to reach US$ 145.69 Million by 2033 from US$ 43.62 Million in 2024, with a CAGR of 14.34% from 2025 to 2033 The worldwide emphasis on energy efficiency, the spread of smart homes and IoT technologies, and government programs encouraging sustainable living are all driving the m...
Aug 7, 2025 at 9:15 AM

Energy Vault Secures Final FIRB Approval and Completes Acquisition of 125 MW/1,000 MWh Stoney Creek BESS in Australia

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a global leader in grid-scale energy storage solutions, today announced it has received Foreign Investment Review Board (FIRB) approval and completed the full acquisition of the Stoney Creek Battery Energy Storage System (BESS) project in Northern New South Wales. The 125 MW/1,000 MWh project now formally enters Energy Vault’s international “Own & Operate” portfolio, advancing the company’s...
Aug 7, 2025 at 9:12 AM

Ecolab Declares Cash Dividend

ST. PAUL, Minn.--(BUSINESS WIRE)--The board of directors of Ecolab Inc. today declared a regular quarterly cash dividend of $0.65 per common share, to be paid October 15, 2025, to shareholders of record at the close of business on September 16, 2025. Ecolab has paid cash dividends on its common stock for 88 consecutive years. About Ecolab A trusted partner for millions of customers, Ecolab (NYSE:ECL) is a global sustainability leader offering water, hygiene and infection prevention solutions an...
Aug 7, 2025 at 9:10 AM

Unit Corporation Reports Second Quarter Results

TULSA, Okla.--(BUSINESS WIRE)--On August 7, 2025, Unit Corporation (OTCQX: UNTC) (Company) filed unaudited condensed consolidated financial statements for the three and six months ended June 30, 2025 with OTC Markets Group Inc. (OTC). The Company’s current, quarterly and annual reports may be accessed on the OTC’s website at https://www.otcmarkets.com/stock/UNTC/disclosure, as well as the Company’s website at https://unitcorp.com/investor-relations/otc-sec-filings/. Second Quarter and Year to D...
Aug 7, 2025 at 9:00 AM

Westinghouse Places First Purchase Order with Bulgarian Supplier for AP1000® Project

SOFIA, Bulgaria--(BUSINESS WIRE)--Westinghouse Electric Company has signed its first Purchase Order, with MTG-Dolphin AD, supporting the two-unit AP1000® project at Bulgaria’s Kozloduy Nuclear Power Plant. The order demonstrates Westinghouse’s commitment to using local suppliers for the expansion of nuclear power generation at Kozloduy. The scope includes the development of the Nuclear Quality Assurance (NQA-1) Program, including the implementation of a nuclear safety culture, the preparation o...
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