The Swiss-American startup Energy Vault recently announced that it has secured USD 100 million in funding. This investment is intended to support the development of gravitational energy storage. Energy storage mechanism according to Energy Vault The system developed by Energy…
At present, there are 9,584 buildings around the world that are at least 150 meters tall. These buildings have mainly been admired for their unique designs. However, they might soon have new uses. Skidmore, Owings & Merrill (SOM), the firm…
The National Fund for Environmental Protection and Water Management will soon start accepting applications for the “Hydrogenation of the Economy” program, which aims to support new hydrogen-powered vehicles. The application process will run for three months, from June 3, 2024,…
On June 5, we celebrate World Environment Day, which was created by the United Nations in 1972. This special day reminds us to take care of our planet and encourages activities to protect the natural environment. This year’s theme is…
The Council of the European Union has approved a new rule to track and reduce methane emissions in the energy sector. This rule requires measuring, reporting, and verifying methane emissions. The Council stated that global monitoring tools will ensure transparency…
PSE, the operator of Poland’s electricity transmission system, has unveiled a draft new network development plan spanning from 2025 to 2034. This plan by Polish Power Grids encompasses several significant investments, including the construction of 4,850 kilometers of new 400…
According to a report by Eurelectric, Europe’s energy distribution networks urgently need modernization to facilitate the integration of renewable energy sources, the electrification of transportation, heating, and industry, and to withstand extreme weather conditions and cyber threats. This organization, representing…
Reducing carbon emissions in transport and industry is a top priority for Baltic Sea countries. Because of this, in mid-May 2024, the European Commission gave the Project of Common Interest (PCI) status to the carbon capture and transport project in…
Sungrow Power Supply and Nofar Energy have entered into an agreement to construct an energy storage facility in Germany with a capacity of 116.5 MW. This marks the first investment of its kind utilizing PowerTitan2.0 technology. Nofar Energy investments Nofar…
President Joe Biden’s administration has announced higher tariffs on batteries and battery parts imported from China. According to the White House, tariffs on lithium-ion batteries for electric vehicles (EVs) and related components will rise from 7.5% to 25% starting in…