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businesswire | April 25, 2023
Heliogen, Inc. a leading provider of AI-enabled concentrating solar energy technology, announced that its Board of Directors (the “Board”) rejected the unsolicited, non-binding proposal it received on April 13th from Continuum Renewables, Inc. (“CRI”) to acquire all of the outstanding shares of common stock of Heliogen for cash consideration of $0.40 per share.
After careful consideration and consultation with legal and financial advisors, the Board concl...
Prnewswire | October 05, 2020
The first high-frequency decentralized energy trading platform was successfully piloted at the Port of Rotterdam. Jointly developed by S&P Global Platts and BlockLab, Distro is a new microgrid electricity trading platform that leverages both Artificial Intelligence and Blockchain's distributed ledger technology. Under the ongoing trial that commenced in August 2020, commercial energy consumers in the Port of Rotterdam's iconic innovation dock, where the world's largest submarines...
PV Tech | March 04, 2020
The world’s largest sovereign wealth fund will tap its outgoing boss to lead a new campaign to invest billions of dollars in green energy in the space of a few years. Norges Bank Investment Management (NBIM) is to use its trillion-plus-dollar pot of oil wealth money to inject 100 billion Norwegian crowns (US$10.7 billion) into unlisted renewable projects by 2022, CEO Yngve Slyngstad said at a press conference on Tuesday. Contacted by PV Tech today, a NBIM spokesperson confirmed recent reports th...
SoCalGas | February 18, 2022
Southern California Gas Co. (SoCalGas) announced its proposal to develop what would be the nation's largest green hydrogen energy infrastructure system to deliver clean, reliable renewable energy to the Los Angeles region. As proposed, the Angeles Link would support the integration of more renewable electricity resources like solar and wind and would significantly reduce greenhouse gas emissions from electric generation, industrial processes, heavy-duty trucks, and other hard-to-electrify se...
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