Italian energy giant ENI S.p.A. has reported a 14% year-over-year decline in its third-quarter pro forma adjusted EBIT, primarily attributed to lower oil prices. However, the company also announced an increase in its share buyback program and a new partnership to explore the development of lithium-iron-phosphate batteries for energy storage and electric vehicles.
Sunwoda Energy, a comprehensive energy storage solutions provider, has been recognized as a Tier 1 player in Bloomberg New Energy Finance’s (BNEF) Energy Storage Tier 1 list for the fourth quarter of 2024. This achievement highlights the company’s commitment to innovation, market impact, financial stability, and project success in the energy storage sector. With its reliable products, robust global projects, and strong financial backing, Sunwoda Energy is solidifying its position as a trusted energy partner, driving the global transition to a sustainable energy future.
Risen Energy Storage has once again been recognized as a Tier 1 global energy storage manufacturer by BloombergNEF (BNEF). The company’s commitment to providing superior quality products, delivering exceptional projects, and building a trusted global brand has contributed to this prestigious accolade. This recognition underscores Risen Energy’s leadership in innovation, project management, and customer service worldwide.
Sunwoda Energy and Gryphon Energy have partnered to construct a 1.6 GWh energy storage project in Queensland, Australia. This project is expected to be one of the largest in Australia and will significantly enhance the stability, reliability, and flexibility of the state and national energy grid. Sunwoda Energy will utilize its advanced NoahX energy storage system with a 5 MWh capacity and liquid cooling, along with its own-developed 314Ah cells and cutting-edge Reverse DC Coupling technology.
Pylontech, a leading provider of energy storage solutions, has been officially recognized as a Tier 1 Global Energy Storage Manufacturer by BloombergNEF (BNEF), solidifying its standing as a top player in the global energy storage sector. This achievement underscores Pylontech’s dedication to innovation and its commitment to delivering high-quality and reliable energy solutions across various applications.
Tesla Inc. (TSLA) has promoted Michael Snyder to the position of Vice President of Energy and Charging, reflecting the company’s focus on its booming energy business. This promotion follows a strong performance in the third quarter for Tesla’s energy segment, which saw significant growth in revenue and record margins. Snyder’s elevation comes amidst a broader leadership restructuring at Tesla, with several other executives also receiving promotions in recent weeks.
Risen Energy Storage, a leading provider of energy storage solutions, has been recognized as a Tier 1 global energy storage manufacturer by BloombergNEF (BNEF). This prestigious designation highlights Risen’s commitment to delivering superior products, exceptional project performance, and building a trusted global brand. The company’s innovative solutions and global reach have positioned it as a key player in the global energy transition.
Hithium, a leading global provider of energy storage solutions, has signed a Master Supply Agreement (MSA) with EVLO Energy Storage Inc., a subsidiary of Hydro-Québec, to supply 5MWh DC blocks for EVLO’s next-generation battery energy storage systems. This partnership marks a significant milestone in North America’s energy transition, with the first grid-connected BESS project utilizing Hithium’s 5MWh DC block in a 20-foot container.
The Canadian Renewable Energy Association (CanREA) hosted its annual Electricity Transformation Canada (ETC) conference in Calgary, Alberta, bringing together over 2,600 attendees to discuss the latest advancements in clean energy and the path towards a sustainable energy future. With a focus on affordability and growth, ETC 2024 highlighted the increasing role of renewables, energy storage, and innovative technologies in shaping Canada’s energy landscape.
Zendure, a leading energy technology company, reaffirms its commitment to sustainable energy solutions on World Energy Day. Their innovative energy storage solutions, such as the SuperBase V and Hyper 2000, are empowering households to reduce their carbon footprint, lower energy costs, and achieve energy independence.
