Zinc8 Energy Solutions (OTCMKTS: ZAIRF) has been approved for a grant from the Empire State Development of up to US$9 million in performance-based Excelsior Jobs Program tax credits. The tax credits are being offered as an incentive for the company to locate and establish its first US-based production facility in New York State. The tax credits are available immediately for a period of up to 5 years, depending on... Read more
Zinc8 Energy Solutions Inc. ("Zinc8" or the "Company") (CSE: ZAIR) (OTC: ZAIRF) (FSE: 0E9) is pleased to announce the approval for a grant from the Empire State Development ("ESD") of up to US$9 million in performance-based Excelsior Jobs Program ("EJP") tax credits to incentivize the Company to locate and establish its first US-based production facility in New York State. The tax credits are available... Read more
FREMONT, Calif., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today a partnership with Enerix, Germany’s leading network of specialist companies for decentralized energy systems, to expand Enphase® product offerings in Europe. Through this partnership, Enerix will... Read more
AUSTIN, Texas, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Ideal Power Inc. (“Ideal Power” or the “Company”) (Nasdaq: IPWR), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced the launch of its first commercial product, the SymCool™ Power Module. This multi-die B-TRAN™ module, rated at 1200V 100A and... Read more
New Order Adds to the Customer’s Extensive Fleet of Microturbines Capstone Green Energy Corporation (NASDAQ: CGRN) announced that E-Finity Distributed Generation, Capstone’s long-time distributor for the Mid-Atlantic, Southeastern United States and the Caribbean, has secured a follow-on order for two C200S Microturbines from a leading oil and gas producer. The systems will be deployed in the heart of the Marcellus... Read more
ESS technology to enable air-side electrification and advance sustainability strategy at major European air transport hub ESS Inc. (“ESS”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, will deliver its iron flow battery solution to Amsterdam Airport Schiphol, the second largest airport in mainland Europe, in Q1 2023. The Energy Warehouse... Read more
Units Will Provide Approximately 2 MW of Reliable Power at Well Sites Across New Mexico Capstone Green Energy (NASDAQ:CGRN), announced that Horizon Power Systems, the company’s exclusive Distributor for the Rocky Mountains in the U.S. and Western Canada, has secured an Energy as a Service (EaaS) long-term rental agreement for 30 Capstone C65 microturbines to be installed at 15 new and remote well sites throughout... Read more
On-site Testing to Reduce Time Required from Testing to Certification Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the expansion of in-house testing and product validation capabilities with all equipment needed to satisfy UL 2580 and UN/DOT 38.3 compliance testing, including an onsite... Read more
EDISON, N.J., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient, and sustainable zinc-powered long-duration energy storage systems, today announced that several investors, including Clear Creek Investments, LLC, Ardsley Advisory Partners LP, and AltEnergy, LLC (together, the “Purchasers”), made a $13.75 million investment in... Read more
Fariello brings decades of experience and leadership in government affairs at FORTUNE 500 companies, including United Airlines and ExxonMobil Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today the appointment of Theresa Fariello to the Company’s Board of Directors effective February 1, 2023. She replaces Henry... Read more
Revises full year 2022 revenue range to $142 – $152 million from previous $75-100 million Significant fourth quarter over-performance driven by U.S. energy storage project execution and global gravity storage territory expansions Updated 2023 outlook to be provided concurrent with upcoming earnings results in late-February 2023 Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a... Read more
Working with energy markets, utilities and their customers, Generac Grid Services delivered more than 34 GWh of capacity to help keep the energy grid stable DENVER, Jan. 17, 2023 /PRNewswire/ -- Generac Grid Services, a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products, today announced that the use of its Concerto™... Read more
RENO, Nev., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries and an industry leader in energy storage, announces the impending launch of Dragonfly IntelLigence™, along with a host of accompanying products and accessories, which provide advancements in the lithium-ion battery space for backup power and off grid... Read more
LONDON, Jan. 13, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to provide a strategic investment, financing and development update for its wholly owned subsidiary, Tembo e-LV B.V. (“Tembo”). Tembo and Toyota Motor Corporation Australia Limited (“Toyota Australia”) have now concluded the Design Services Agreement with Toyota Australia for the LandCruiser 70 Series.... Read more
Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a global energy storage company today announced that on January 9, 2023, the Compensation Committee of Energy Vault’s Board of Directors granted restricted stock unit awards covering an aggregate of 614,600 shares of its common stock to 29 new, non-executive employees under the Energy Vault Holdings, Inc. 2022 Employment Inducement Award Plan (as amended... Read more
FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced a conditional offtake agreement (“COA”) with Impact Clean Power Technology (“Impact”), a leading manufacturer of battery systems for transportation, industry and stationary energy storage for renewable energy sources, traditional power generation, rail, and telecommunications. Under the terms of... Read more
Zinc8 Energy Solutions Inc. ("Zinc8" or the "Company") (CSE: ZAIR) (OTC: ZAIRF) (FSE: 0E9) is pleased to announce that it is receiving advisory services and up to $500,000 in funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The funding is to support a research and development (R&D) project titled, "Improvement of sub-component efficiencies of... Read more
New offering includes 600A – 1000A products designed to be the safest on the market and most reliable in emergency situations WAUKESHA, Wis., Jan. 11, 2023 /PRNewswire/ -- Generac Industrial Power, one of North America's largest suppliers of power generation equipment and part of Generac Power Systems (NYSE: GNRC), today announced the expansion of its line of TX Series transfer switches. The expanded... Read more
Columbia University Professor and seasoned operations executive bring decades of industry, technical and advisory experience in battery sector FREYR Battery (NYSE: FREY) (“FREYR” or “the Company”), a developer of clean, next-generation battery cell production capacity, has appointed Jason Forcier and Dr. Dan Steingart as independent members of the Company’s Board of Directors effective December 21, 2022, and January... Read more
The Microturbine Powered Combined Heat & Power (CHP) System for the Textile Finishing Company Will Be the First of Its Kind in Germany The Offshore Systems Are a Repeat Order for an Existing Capstone Customer Capstone Green Energy Corporation (NASDAQ: CGRN), announced that E-quad Power Systems GmbH, Capstone’s long-time distributor for Belgium, Denmark, Germany, and the Netherlands, has secured two new... Read more
Hybrid system will be capable of powering approximately 2,000 electric customers within PG&E’s Calistoga microgrid for up to 48 hours (293 MWh of carbon-free energy) during a planned outage This Long-Duration Energy Storage System is the first-of-its-kind and integrates a short duration battery system, for grid forming and black start capabilities, with... Read more
The Microturbine Will Provide Low Emission Electrical and Thermal Energy for the State-of-the-Art Plant Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green energy solutions, announced today that Laibach d.o.o, Capstone's exclusive Distribution partner for Slovenia, Croatia, and Serbia, has secured an order for a Capstone C600 Signature Series microturbine... Read more
Brisbane, Queensland, Australia--(Newsfile Corp. - December 20, 2022) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to release results of heat transfer demonstrations of Aluminium coated with THERMAL-XR® (TXR) powered by GMG Graphene, compared to uncoated bare Aluminium. The University of Queensland Materials Performance consultancy ("UQMP") verified that GMG's THERMAL-XR®... Read more
VANCOUVER, BC, Dec. 19, 2022 /CNW/ - Zinc8 Energy Solutions Inc. ("Zinc8" or the "Company") (CSE: ZAIR) (OTC: ZAIRF) (FSE: 0E9) is pleased to announce the offering of up to 15,000,000 units (each, a "Unit") at a price of $0.20 per Unit as a non-brokered private placement (the "Private Placement") to raise gross proceeds of up to $3,000,000. The proceeds of the Private Placement will be used for working... Read more
Agreement adds three stationary batteries in Kyoto and Toki, increasing grid service capabilities through an existing partnership Addition of 3.74 megawatts to megawatts under management reflects a more than 20% increase relative to third quarter 2022 end; on a pro forma basis, megawatts under management eclipses 20 for the first time SAN DIEGO, Dec. 15, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq:... Read more
BANGKOK, Thailand, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, and the Electricity Generating Authority of Thailand (EGAT), today announced a memorandum of understanding to develop the battery-based energy storage market in Thailand. Fluence and EGAT aim to... Read more
ARLINGTON, Va., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and cloud-based software for renewables and storage, today announced a strategic plan to develop Fluence-made battery packs, with production set to begin in early 2024 in the United States. The move is intended to give Fluence greater control over the... Read more
Delivered Highest Revenue in Company History & Positive Gross Margin Introduces Management's Strategic Objectives Initiates Fiscal 2023 Financial Guidance ARLINGTON, Va., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global pure-play provider of energy storage products and services as well as digital applications for renewables and... Read more
Energy Vault awarded project by Nevada’s largest electric utility to deploy a 220MW/440MWh battery energy storage system (BESS) The BESS, one of the largest in Nevada, is expected to start construction in Q2 2023 with commercial operation expected by the end of 2023 Energy Vault has approximately 4.8 GWh of contracted and awarded projects across short and long storage durations, a clear evidence of the strong... Read more
Brisbane, Queensland, Australia--(Newsfile Corp. - December 12, 2022) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG " or the "Company") is pleased to provide an update on its ongoing investment in the Company's Battery Development Centre ("BDC"). The GMG Board has approved an additional $AU 600,000 in capital expenditure, to accelerate the progress of semi-automatic pouch cell prototype production in the... Read more
Electric, Zero-Emission Machines Drive Growth in the Commercial Electric Mower Market WAUKESHA, Wis., Dec. 8, 2022 /PRNewswire/ -- Mean Green, a leading battery-powered, commercial-grade turf care manufacturer and a Generac Power Systems (NYSE: GNRC) company, today announced the opening of a new facility in Hamilton, Ohio to meet the growing interest and demand for electric-powered,... Read more
WAUKESHA, Wis., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Generac Power Systems, Inc. (NYSE: GNRC) (“Generac”), a leading global designer and manufacturer of energy technology solutions and other power products, today announced a minority equity investment in WATT Fuel Cell Corp (“WATT”), a leading developer and manufacturer of low emissions Solid Oxide Fuel Cell ("SOFC") stacks and systems. WATT’s Imperium™ fuel cell... Read more
Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops, and manufactures lithium-ion battery solutions, today announced that its energy division secured a contract to supply a utility-scale battery energy storage system (BESS) to a U.S. customer. Microvast will supply its BESS ME-4300 container solution for a 1.2GWh battery energy storage project co-located with a solar facility in... Read more
READING, Pa., Dec. 07, 2022 (GLOBE NEWSWIRE) -- EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has appointed Tamara Morytko, as a Class II director, effective immediately. Ms. Morytko currently serves as President of the Pumps Division at Flowserve Corporation (NYSE: FLS). Flowserve is an industry leader in pumps, valves,... Read more
FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, and Nidec Corporation (TSE: 6594) (“Nidec”), a globally leading producer of high-efficiency electric motors and a leader in the energy storage systems (“ESS”) space, have announced that they have established a downstream joint venture, now called Nidec Energy AS (“Nidec Energy”). The newly established Nidec... Read more
The 800 kW Microturbine Rental System Will Provide Reliable Power Using the Site's Waste Gas as Fuel Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green energy solutions, continues to grow in the Energy as a Service (EaaS) market with a new 2-year rental agreement for a cryptocurrency data mining operation in West Texas. The contract was secured by Lone... Read more
FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, today announced the closing of an underwritten public offering of 23,000,000 of its Ordinary Shares without nominal value, including the green shoe option that was exercised in full by the underwriters on December 1, 2022, at a public offering price of $11.50 per share before underwriting discounts. The gross... Read more
New End-User, Further Expanding E-Bloc Use-Cases and Significantly Increasing E-Bloc Backlog FORT LEE, N.J., Dec. 1, 2022 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer", "Pioneer Power" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV")... Read more
FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, today announced the pricing of its upsized underwritten public offering of 20,000,000 of its Ordinary Shares, without nominal value. Each Ordinary Share is being offered at a public offering price of $11.50 per share, less underwriting discounts and commissions. The gross proceeds to FREYR from the offering,... Read more
CALGARY, Alberta, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Eguana Technologies (TSX.V: EGT) (OTCQB: EGTYF) announces it has received additional $15 million in micro inverter orders. Shipments will commence in January with complete fulfillment expected over the next two quarters. “Installer training is a critical key to success in transitioning installation companies to a new product suite, creating branch level pull... Read more
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