WEC Energy Group

WEC Energy Group to acquire 90% ownership of Delilah I Solar Energy Center

Retrieved on: 
Lundi, avril 29, 2024
Congress, Investment, Delilah, Peoples Energy, WEC, Wind, WEC Energy Group, Inflation, Samson and Delilah, Renewable energy

MILWAUKEE, April 29, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire a 90% ownership interest in the Delilah I Solar Energy Center.

Key Points: 
  • MILWAUKEE, April 29, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire a 90% ownership interest in the Delilah I Solar Energy Center.
  • Delilah I is part of the five-phase Samson & Delilah solar portfolio, one of the largest solar facilities under construction in the United States.
  • WEC Energy Group already owns a majority interest in Samson I — a separate phase of the Samson & Delilah project.
  • WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.7 million customers in Wisconsin, Illinois, Michigan and Minnesota.

Wärtsilä Awarded Prestigious Recognition by Environment+Energy Leader on Earth Day

Retrieved on: 
Lundi, avril 22, 2024
Burns & McDonnell, Silver, Safety, Natural gas, Hydrogen, McDonnell Aircraft Corporation, Carbon, Plant, WEC Energy Group, Electricity, NOx, EPRI, Renewable energy

Wärtsilä, in collaboration with WEC Energy Group, the Electric Research Power Institute (EPRI), and Burns & McDonnell, carried out a hydrogen fuel demonstration project at WEC’s A.J.

Key Points: 
  • Wärtsilä, in collaboration with WEC Energy Group, the Electric Research Power Institute (EPRI), and Burns & McDonnell, carried out a hydrogen fuel demonstration project at WEC’s A.J.
  • The hydrogen fuel tests were conducted using an unmodified 18 MW Wärtsilä 18V50SG gas-fired reciprocating engine.
  • “This recognition on Earth Day underscores Wärtsilä’s commitment to reducing carbon emissions and working towards a 100% renewable energy future.
  • Some of the judges’ commendations include:
    “Wärtsilä’s endeavors pave the way for a more sustainable energy landscape, where innovation, safety, and compliance intersect.

WEC Energy Group to announce 2024 first-quarter results May 1

Retrieved on: 
Mercredi, avril 24, 2024
Siemens Energy AG, News, Peoples Energy, WEC, Webcast, WEC Energy Group, Cryptocurrency

MILWAUKEE, April 24, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 first-quarter earnings news release before the stock market opens Wednesday, May 1.

Key Points: 
  • MILWAUKEE, April 24, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 first-quarter earnings news release before the stock market opens Wednesday, May 1.
  • Detailed financial information will be available on the WEC Energy Group website by 6:30 a.m. Central time May 1.
  • WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.7 million customers in Wisconsin, Illinois, Michigan and Minnesota.
  • WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500.

Hooper named President of We Energies and Wisconsin Public Service

Retrieved on: 
Mardi, mars 12, 2024
WEC, Ohio State University, WEC Energy Group, Business, NIPSCO, American Electric Power, Lead, Fisher College, NiSource, Megaproject, Regulation, Strategic leadership, Peoples Energy, Management

MILWAUKEE, March 12, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) announced today that Michael Hooper, currently president and chief operating officer of Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource (NYSE: NI), has been named president of We Energies and Wisconsin Public Service, effective April 1, 2024.

Key Points: 
  • MILWAUKEE, March 12, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) announced today that Michael Hooper, currently president and chief operating officer of Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource (NYSE: NI), has been named president of We Energies and Wisconsin Public Service, effective April 1, 2024.
  • "We're fortunate to have Mike join our senior leadership team," said Scott Lauber, president and chief executive officer of WEC Energy Group.
  • Hooper will have primary responsibility for the electric and gas distribution business, customer service, power generation and major projects for We Energies and Wisconsin Public Service.
  • The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources.

New Solar Added to the Grid, More in Development

Retrieved on: 
Mercredi, février 21, 2024
Environment, Utilities, Sustainability, Alternative Energy, Green Technology, Energy, Tyto, Transport, MGE, Carbon, Climate change, Badger Hollow Solar Farm, WEC Energy Group, Gas, Electricity, Snow, Public Service Commission, Wind, Renewable energy

Like MGE’s other Madison-area renewable energy projects, Tyto Solar is a distributed energy resource that is connected to MGE’s distribution system.

Key Points: 
  • Like MGE’s other Madison-area renewable energy projects, Tyto Solar is a distributed energy resource that is connected to MGE’s distribution system.
  • Bifacial solar panels produce energy from both sides as they track the sun throughout the day.
  • Tyto Solar and the High Noon Solar Energy Center are two of several projects to help MGE achieve our industry-leading carbon reduction goals.
  • More than 50 MW of solar generation is expected to be added to MGE’s energy supply mix by the end of this year with projects currently in development.

Exodigo Earns Federal Funding to Help Modernize Power Grid

Retrieved on: 
Mardi, janvier 30, 2024
WEC Energy Group, San Francisco Bay Area, Partnership, Intelligence, PALO, Security, PNNL, AI, Portland General Electric, ARPA, Pacific Northwest National Laboratory, Undergrounding, Avista, Rutgers University, Renewable energy

PALO ALTO, Calif., Jan. 30, 2024 /PRNewswire/ -- Exodigo today announced that it will provide the accurate, complete subsurface maps needed to improve undergrounding processes for power lines as part of the Grid Overhaul with Proactive, High-speed Undergrounding for Reliability, Resilience, and Security (GOPHURRS) program led by the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E).

Key Points: 
  • In partnership with the Pacific Northwest National Laboratory and Rutgers, Exodigo will work with participating utilities - including Avista Utilities, Portland General Electric, and WEC Energy Group - to support GOPHURRS' mission to strengthen and modernize America's aging power grid through the development of cost-effective, high-speed, and safe undergrounding technologies.
  • "We are deeply honored to receive this federal funding as it is a testament to our team's relentless innovation and dedication.
  • Ultimately, the project should drive significant cost savings and increased efficiency in the process of undergrounding power lines.
  • Exodigo is the leading subsurface imaging technology, transforming the capital projects process with multi-sensing technology and AI.

WEC Energy Group to announce 2023 fourth-quarter and year-end financial results Feb. 1

Retrieved on: 
Jeudi, janvier 25, 2024
WEC Energy Group, Webcast, Peoples Energy, Siemens Energy AG, Fortune 500, WEC, Plant, News, Cryptocurrency

MILWAUKEE, Jan. 25, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 fourth-quarter and full-year earnings news release before the stock market opens Thursday, Feb. 1.

Key Points: 
  • MILWAUKEE, Jan. 25, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 fourth-quarter and full-year earnings news release before the stock market opens Thursday, Feb. 1.
  • A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time.
  • Detailed financial information will be available on the WEC Energy Group website by 6:30 a.m. Central time Feb. 1.
  • The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources.

Wisconsin's Largest Solar Project Is Now Fully Operational

Retrieved on: 
Jeudi, janvier 4, 2024
Other Energy, Professional Services, Utilities, Other Natural Resources, Batteries, Alternative Energy, Energy, Technology, Natural Resources, Environment, Green Technology, Environmental, Social and Governance (ESG), Solar energy, Snow, Carbon, Partnership, Badger Hollow Solar Farm, MGE, Electricity, WEC Energy Group, Madison Gas and Electric, Gas, Renewable energy

The final panels at the Badger Hollow Solar Farm are now in service, completing the largest solar project in Wisconsin history.

Key Points: 
  • The final panels at the Badger Hollow Solar Farm are now in service, completing the largest solar project in Wisconsin history.
  • Badger Hollow Solar Farm is a 300-megawatt (MW) renewable energy facility located near the communities of Montfort and Cobb in Iowa County, Wisconsin.
  • The project features 830,000 solar panels that move and track the sun throughout the day, maximizing power generation.
  • The panels also capture solar energy on both sides—an especially useful feature in winter when sun reflects off the snow and onto the panels.

$800m investment to accelerate Octopus Energy’s global clean energy growth

Retrieved on: 
Lundi, décembre 18, 2023
Environment, Other Energy, Environmental Health, Utilities, Oil, Gas, Alternative Energy, Sustainability, Green Technology, Energy, Kraken, Holiday, Generation Investment Management, E.ON, Octopus Energy, Tokyo Gas, Acquisition, CPP Investment Board, Lloyds Bank, Multimedia, Consultant, Investment, Domestic, Wind, EDF, Origin Energy, TIME, WEC Energy Group, Digital, British Gas, Good Energy, Partnership, Obsession, Growth, Electricity, NPS, CPP, Trustpilot, News, COP, Cryptocurrency, Renewable energy, Film industry, Octopus

Octopus Energy Group, the UK’s largest power supplier* and the owner of the Kraken technology platform, announces $800m (£625m) additional investment from its existing shareholders.

Key Points: 
  • Octopus Energy Group, the UK’s largest power supplier* and the owner of the Kraken technology platform, announces $800m (£625m) additional investment from its existing shareholders.
  • Recommended” an unprecedented 6 years in a row and according to consultants Bain**, Octopus Energy is rated 44 points higher than the next best company.
  • Through our partnership with Octopus Energy, we aim to provide our customers with services using the latest technology and clean energy.
  • Octopus Energy Group’s Kraken technology platform has seen astounding success, from 17 million accounts two years ago, to over 52 million today.

Ellomay Capital Reports Publication of Financial Statements of Dorad Energy Ltd. for the Three and Nine Month Periods Ended September 30, 2023

Retrieved on: 
Lundi, décembre 11, 2023
NYSE, International, Bank statement, Season, WEC Energy Group, Electricity, TASE, Cryptocurrency, Dorad Power Station

Based on applicable regulatory requirements, the quarterly report of the Luzon Group includes the financial statements of Dorad for the same period.

Key Points: 
  • Based on applicable regulatory requirements, the quarterly report of the Luzon Group includes the financial statements of Dorad for the same period.
  • The financial statements of Dorad for the quarter ended September 30, 2023 were prepared in accordance with International Financial Reporting Standards.
  • Ellomay will include its indirect share of these results (through its holdings in Ellomay Luzon Energy) in its financial results for this period.
  • Neither Ellomay nor its independent public accountants have reviewed or consulted with the Luzon Group, Ellomay Luzon Energy or Dorad with respect to the financial results included in this press release.