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Hitachi Energy ramps up global transformer capacity with over $1.5bn

Smart Energy International

Hitachi Energy has revealed investments of over $1.5 The investments will gradually expand the company’s global transformer capacity by 2027 and will be spread across their operations in Europe, the Americas and Asia. billion to ramp up its global transformer manufacturing capacity to keep pace with growing demand.

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Technology Trending: REC transactions and energy consumption matching

Smart Energy International

EDF leads a proof-of-concept on automating renewable energy transactions and Eurelectric’s study on the benefits of matching energy consumption with clean energy on a (near) real-time basis are on the week’s technology radar. Have you read?

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6 Straightforward Ways to Create an Eco-Friendly Business

The Environmental Blog

For example, global supplier Asia Pulp and Paper, which has taken a strong approach to sustainability, demonstrates this with its range of innovative products. Also, don’t overlook the power of incentivizing. Renewable energy sources. A business can enjoy a whole host of benefits by using renewable energy.

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Seoul, South Korea aiming for 1 GW geothermal development

ThinkGeoEnergy

The City of Seoul in South Korea has created a “Comprehensive Plan for Promotion and Activation of Geothermal Energy” that aims to grow its current installed geothermal heating and cooling capacity of 278 MWth to 1 GW by 2030. of the city’s renewable energy mix.

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Vestas Ventures Makes First Investment With Wooden Tower Stake

GreenTechMedia

If successfully commercialized, Modvion’s solution would solve the transport problem, while also replacing carbon intensive-steel with what could be a carbon-negative alternative. Bo Svoldgaard, senior VP and head of innovation said this first investment is an excellent fit for Vestas. million to $7.2 million) at a time.

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Sustainable city valued at $1bn to drive net zero goals

Smart Energy International

It will be a fully integrated, urban, mixed-use master project spread over an area of 1 million square meters. Have you read: Over 115 million smart buildings to deploy by 2026 Spain’s Fuengirola embarks on smart city transformation SP Group and Banpu NEXT partner on smart city solutions across Asia Pacific. Aligning with net zero.

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Space-based lab for testing new energy technologies

Smart Energy International

Chinese solar technology company LONGi Green Energy Technology Co has announced plans to establish a Future Energy Spacelab. Following the establishment of the Future Energy Spacelab, LONGi plans to test its new products and their reliability in the space environment. Have you read? Sign up to our newsletter and stay informed.