New energy

Aalborg Portland and Fidelis New Energy enter into letter of intent for onshore CO2 storage

Retrieved on: 
Thursday, June 8, 2023

COPENHAGEN, Denmark and AALBORG, Denmark, June 8, 2023 /PRNewswire/ -- Aalborg Portland and Fidelis New Energy (Fidelis) have entered into a letter of intent for safe and permanent storage of Aalborg Portland's CO2 emissions utilizing Fidelis' recently announced Norne Carbon Storage Hub (Norne) in Aalborg. This agreement is a milestone accomplishment for the decarbonization of cement production, making Aalborg Portland an industry leader in carbon impact and further demonstrating Denmark's commitment to being a global leader in decarbonizing hard to abate industries.

Key Points: 
  • COPENHAGEN, Denmark and AALBORG, Denmark, June 8, 2023 /PRNewswire/ -- Aalborg Portland and Fidelis New Energy (Fidelis) have entered into a letter of intent for safe and permanent storage of Aalborg Portland's CO2 emissions utilizing Fidelis' recently announced Norne Carbon Storage Hub (Norne) in Aalborg.
  • Fidelis' facility is planned to be established just a few kilometers from Aalborg Portland, and therefore, this letter of intent makes a lot of sense", says Michael Lundgaard Thomsen, CCO of Aalborg Portland.
  • On 15 May 2023, Fidelis announced the Norne Carbon Storage Hub, an onshore CO2 storage network in Denmark for CO2 storage with plants in both Aalborg and Kalundborg.
  • "It is fantastic that Fidelis and Aalborg Portland are joining forces on CO2 capture and storage in Aalborg.

Aalborg Portland and Fidelis New Energy enter into letter of intent for onshore CO2 storage

Retrieved on: 
Thursday, June 8, 2023

COPENHAGEN, Denmark and AALBORG, Denmark, June 8, 2023 /PRNewswire/ -- Aalborg Portland and Fidelis New Energy (Fidelis) have entered into a letter of intent for safe and permanent storage of Aalborg Portland's CO2 emissions utilizing Fidelis' recently announced Norne Carbon Storage Hub (Norne) in Aalborg. This agreement is a milestone accomplishment for the decarbonization of cement production, making Aalborg Portland an industry leader in carbon impact and further demonstrating Denmark's commitment to being a global leader in decarbonizing hard to abate industries.

Key Points: 
  • COPENHAGEN, Denmark and AALBORG, Denmark, June 8, 2023 /PRNewswire/ -- Aalborg Portland and Fidelis New Energy (Fidelis) have entered into a letter of intent for safe and permanent storage of Aalborg Portland's CO2 emissions utilizing Fidelis' recently announced Norne Carbon Storage Hub (Norne) in Aalborg.
  • Fidelis' facility is planned to be established just a few kilometers from Aalborg Portland, and therefore, this letter of intent makes a lot of sense", says Michael Lundgaard Thomsen, CCO of Aalborg Portland.
  • On 15 May 2023, Fidelis announced the Norne Carbon Storage Hub, an onshore CO2 storage network in Denmark for CO2 storage with plants in both Aalborg and Kalundborg.
  • "It is fantastic that Fidelis and Aalborg Portland are joining forces on CO2 capture and storage in Aalborg.

Global Electric Car Batteries and Hydrogen Markets for Mass E-Mobility Analysis Report 2023 Featuring CATL, Everledger, Ford, IonQ, Jaguar Land Rover, QuantumScape, Solid Power, Tesla, Volvo, & VW

Retrieved on: 
Friday, June 2, 2023

DUBLIN, June 2, 2023 /PRNewswire/ -- The "Future of Electric Car Batteries and Hydrogen for Mass E-Mobility" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, June 2, 2023 /PRNewswire/ -- The "Future of Electric Car Batteries and Hydrogen for Mass E-Mobility" report has been added to ResearchAndMarkets.com's offering.
  • This report examines the impact of technology and market forces to unveil the future of battery and hydrogen mobility.
  • Sodium is abundant, less expensive and the batteries are non-flammable, so CATL plans to ramp up production by 2023.
  • Electric car sales (BEV + PHEV) reached 1.7m, or 20.4% of the mix with HEVs accounting for 23.7%.

China Energy Investment Corporation Brought New Energy into Campus in Greece

Retrieved on: 
Friday, May 19, 2023

KOMOTINI, Greece, May 19, 2023 /PRNewswire/ -- On May 17, China Energy Europe Renewable Energy S.A. (CEERE) and the No.

Key Points: 
  • KOMOTINI, Greece, May 19, 2023 /PRNewswire/ -- On May 17, China Energy Europe Renewable Energy S.A. (CEERE) and the No.
  • During the activity, specialists from CEERE introduced new energy knowledge  to teachers and students.
  • Thrace wind power project of CEERE is the first wind power project invested by China in Greece.
  • Wang Guangqun, Chairman of Guohua Energy Investment Co., Ltd. China Energy (GEIC) delivered a speech via video link.

New Energy Metals Reports Encouraging Results from Troitsa Copper Project

Retrieved on: 
Thursday, May 18, 2023

VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- New Energy Metals Corp. (TSXV: ENRG) (OTCPink: NRGYF) (“New Energy” or the “Company”) is pleased to announce positive results from its 2022 exploration program on the Troitsa Copper Project (“Troitsa” or the “Project”).

Key Points: 
  • VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- New Energy Metals Corp. (TSXV: ENRG) (OTCPink: NRGYF) (“New Energy” or the “Company”) is pleased to announce positive results from its 2022 exploration program on the Troitsa Copper Project (“Troitsa” or the “Project”).
  • "We are excited to report these positive results from our 2022 exploration program on the Troitsa Copper Project,” said Rishi Kwatra, CEO.
  • “The Main Zone has consistently shown high-grade copper mineralization, and these latest results are a testament to the significant potential of this Project."
  • New Energy is now planning further exploration and development work on the Project, with the aim of expanding the Main Zone mineralization.

New Energy Metals Provides Technical Update on Troitsa Copper Project and Files NI 43-101 Technical Report

Retrieved on: 
Thursday, May 11, 2023

The Report represents an important milestone for the Company as it provides a comprehensive and independent evaluation of the mineralization of the Project.

Key Points: 
  • The Report represents an important milestone for the Company as it provides a comprehensive and independent evaluation of the mineralization of the Project.
  • The Report confirms the presence of significant mineralization on the property, including copper, molybdenum, gold, and silver.
  • The Report also outlines a number of exploration targets and recommends further exploration work to fully evaluate the potential of the Project.
  • "The Report represents a significant step forward for New Energy," states Rishi Kwatra, CEO of the Company.

AES Reports Positive Momentum in First Quarter; Reaffirms 2023 Guidance; Introduces New Strategic Business Units

Retrieved on: 
Thursday, May 4, 2023

ARLINGTON, Va., May 4, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the quarter ended March 31, 2023.

Key Points: 
  • "Our first quarter results put us on track to meet our 2023 guidance and longer-term growth rates," said Andrés Gluski, AES President and Chief Executive Officer.
  • I am also pleased to announce our four new Strategic Business Units, which better reflect the greatly simplified company that AES is today."
  • First quarter 2023 Net Income was $189 million, an increase of $18 million compared to first quarter 2022.
  • This increase is the result of favorable contributions from the Energy Infrastructure and New Energy Technology Strategic Business Units (SBU), partially offset by lower contributions from the Utilities and Renewables SBUs.

ALLETE, Inc. reports first quarter earnings of $1.02 per share

Retrieved on: 
Wednesday, May 3, 2023

ALLETE, Inc. (NYSE: ALE) today reported first quarter 2023 earnings of $1.02 per share on net income of $58.2 million.

Key Points: 
  • ALLETE, Inc. (NYSE: ALE) today reported first quarter 2023 earnings of $1.02 per share on net income of $58.2 million.
  • Last year’s first quarter results were $1.24 per share on net income of $66.3 million.
  • In addition, New Energy had a record first quarter with approximately 30 megawatts of project closings and is on track to achieve full year earnings projections.
  • Non-GAAP financial measures utilized by the Company include presentations of earnings (loss) per share.

FOTON Announced its New Energy Strategy 2.0

Retrieved on: 
Tuesday, April 25, 2023

BEIJING, April 25, 2023 /PRNewswire/ -- FOTON held the New Energy Vehicle Conference on April 13th in Beijing, announcing the company's upgrade of its new energy vehicle strategy to 2.0 from 2023.

Key Points: 
  • BEIJING, April 25, 2023 /PRNewswire/ -- FOTON held the New Energy Vehicle Conference on April 13th in Beijing, announcing the company's upgrade of its new energy vehicle strategy to 2.0 from 2023.
  • With the New Energy 30•50 business strategy, FOTON aims to have new energy vehicles account for more than 50% of its total sales by 2030 and become a world-class new energy commercial vehicle enterprise.
  • Chang Rui, the chairman of FOTON stated that the company regards the new energy strategy as its primary development strategy, and it invests in the new energy main track, accelerating development around the full value chain, including investment, research and development, supply chain, business models, and marketing ecology.
  • With a sales target of 150,000 new energy vehicles by 2025, FOTON will initially establish a new energy ecological closed-loop system of "vehicle + charging pile + solar energy + storage + cargo + intelligence".

FOTON Announced its New Energy Strategy 2.0

Retrieved on: 
Tuesday, April 25, 2023

BEIJING, April 25, 2023 /PRNewswire/ -- FOTON held the New Energy Vehicle Conference on April 13th in Beijing, announcing the company's upgrade of its new energy vehicle strategy to 2.0 from 2023.

Key Points: 
  • BEIJING, April 25, 2023 /PRNewswire/ -- FOTON held the New Energy Vehicle Conference on April 13th in Beijing, announcing the company's upgrade of its new energy vehicle strategy to 2.0 from 2023.
  • With the New Energy 30•50 business strategy, FOTON aims to have new energy vehicles account for more than 50% of its total sales by 2030 and become a world-class new energy commercial vehicle enterprise.
  • Chang Rui, the chairman of FOTON stated that the company regards the new energy strategy as its primary development strategy, and it invests in the new energy main track, accelerating development around the full value chain, including investment, research and development, supply chain, business models, and marketing ecology.
  • With a sales target of 150,000 new energy vehicles by 2025, FOTON will initially establish a new energy ecological closed-loop system of "vehicle + charging pile + solar energy + storage + cargo + intelligence".