Reuters MADRID/FRANKFURT -Shares in wind turbine maker Siemens Gamesa tumbled on Friday after it cut its financial outlook for the third time in nine months, dragging down the market value of its rivals as well as parent company Siemens Energy. Siemens Gamesa shares listed in Spain, where the company is based, slumped as much as 16.2% to their lowest
Nasdaq Jan 12 – The Biden administration on Wednesday outlined a range of measures to speed the growth of clean energy on the U.S. power grid, including the government’s largest ever sale of offshore wind leases in waters off the coast of New York and New Jersey. The announcement, which seeks to advance President Joe Biden’s ambitious climate change
Publisher’s Note: Dan Genovese with EnerCom sat down with Ory Zik, CEO of Qnergy, to discuss their clean, reliable, electric power system based on Stirling engines for Compressed Air Pneumatics (CAP) product that helps customers eliminate methane emissions by converting the methane into a useable energy source. Qnergy’s product has been deployed extensively across the North American gas market, replacing
Reuters Dec 17 – Members of the U.S. commercial fishing industry are teaming up with an oil industry-backed lobbying group to fight offshore wind energy development on the East Coast, according to documents reviewed by Reuters and interviews with people involved. The unusual alliance reflects the breadth of opposition President Joe Biden faces as his administration pushes to expand offshore wind power
Publisher’s Note: Dan Genovese with EnerCom sat down with Michael Ligrani, CEO of Iron IQ, to discuss their solution to get operators on a frictionless path to getting all their equipment, people, and processes connected on the cloud. Iron IQ’s solutions for Oil and Gas are easily expanded into adjacent industries, such as mining, water management, solar and precision agriculture,
Publisher’s Note: Dan Genovese with EnerCom sat down with Darrel Smith, Founder and Chief Technology Officer of Hydrostar, to discuss their game-changing electrolyte and electrolyzers for scalable hydrogen production. Hydrostar’s electrolysis systems efficiently produce high grade, low-cost, Green Hydrogen gas with intermittent operation allowing for adaptation to many renewable power generation applications. The low capital and operating cost of Hydrostar’s
Publisher’s Note: Dan Genovese with EnerCom sat down with Salem Thyne, CEO of ESal (Engineered Salinity), to understand ESal’s focus on recovering more oil from new well completions, secondary recovery and EOR projects. Their patented RightWater® technology can increase oil production by optimizing the salinity and ionic composition of water used in oil and gas processes. Engineered Salinity works without
Publisher’s Note: Dan Genovese with EnerCom sat down with Ashley Zumwalt-Forbes, CEO of Black Mountain Carbon Lock, to discuss their carbon removal projects that help companies reach their emission reduction targets. Black Mountain Carbon Lock is a global carbon capture & storage (CCS) company participating across the CCS value chain to provide versatile, commercial-scale carbon management services to a broad
CNBC Shell said Wednesday it had signed a deal to purchase power from a development dubbed “the world’s largest offshore wind farm.” The 15-year power purchase agreement relates to 240 megawatts from Dogger Bank C, the third and final phase of the 3.6 gigawatt Dogger Bank Wind Farm, which will be located in waters off the coast of northeast England. The
CNBC Ground has been broken on a project dubbed the United States’ “first commercial scale offshore wind farm.” The construction’s kickoff, which took place on Thursday, represents another step forward for America’s fledgling offshore wind sector. Located in waters 15 miles off Martha’s Vineyard, near Cape Cod in Massachusetts, it’s hoped that the 800-megawatt Vineyard Wind 1 facility will start sending power
Publisher’s Note: Dan Genovese with EnerCom sat down with Robert Piconi, co-founder and Chief Executive Officer of Energy Vault, developer of a gravity-based, grid-scale, cost effective energy storage solution for wind and solar. Energy Vault’s energy storage systems are designed to be cost-efficient, reliable, safe to operate and environmentally sustainable over a 35 year technical life, using gravity to store
CNBC Chevron Chairman and CEO Mike Wirth told CNBC on Wednesday the oil company’s lower-carbon investments focus on areas such as renewable natural gas and hydrogen because it sees significant potential to create shareholder value. “One of the things we’ve chosen not to go into is wind and solar,” Wirth said in a “Mad Money” interview. “These are technologies that are relatively mature.
