Press Releases

Guangzhou Industrial Technology and Asiamold Select – Guangzhou will return to Area A of the China Import and Export Fair complex next week, from 25 – 27 February 2025. Across 20,000 sqm of floor space, these concurrent manufacturing trade fairs will welcome 298 exhibitors, presenting their latest innovations in industrial automation, smart manufacturing, mould-making and 3D printing technologies. Complementing the exhibitions, a series of parallel summits and specialist presentat

Universal Kraft Canada Renewables, a joint venture between Korkia and Universal Kraft, announced a USD 15 million initial commitment credit facility, expandable to up to USD 50 million, with American asset-based lender Crayhill Capital Management. As one of the largest renewable energy developers in Alberta, Universal Kraft Canada Renewables is poised to leverage this debt facility to bring its ambitious 1.7 GW of solar energy projects to operational status. "The successful clo

EDP Renewables North America LLC (EDPR NA) announced today that it has delivered on three new utility-scale solar projects totaling 400 megawatts (MW). Microsoft has agreed to purchase 389 MW of electricity and renewable energy credits (RECs) from the projects through long-term virtual power purchase agreements (VPPAs). The delivery of these projects brings the total operational portfolio to five projects between the two companies in the US. In Southern Illinois, EDPR NA commissione

Schneider Electric, the leader in the digital transformation of energy management and automation, announces the launch of the SpaceLogic™ Touchscreen Room Controller, an all-in-one device that leverages modern technology and seamlessly merges an innovative user interface with advanced functionality, setting a new standard for energy management and room control in buildings. Building owners and facility managers in both new and retrofit projects are under increasing pressure to

Energy Vault, a global leader in sustainable energy storage solutions, today announced an agreement with the State Electricity Commission (SEC), a renewable energy company in the state of Victoria, Australia, to supply and install a 100 MW/200 MWh Battery Energy Storage System (BESS) at the SEC Renewable Energy Park - Horsham, Victoria. This hybrid solar and BESS project is an important step toward providing reliable and affordable renewable energy to Victoria. The SEC Renewable Ene

Honeywell International Inc. today announced that its Board of Directors has declared a quarterly dividend payment of $1.13 per share on the Company's common stock. The dividend is payable on March 14, 2025, out of surplus to holders of record at the close of business on February 28, 2025. About Honeywell: Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with thre

Waystar Holding Corp., a provider of leading healthcare payment software, today announced that it was named by Black Book Market Research™ as the industry's leading AI-powered software platform. Waystar earned #1 rankings in eight key categories, including claim accuracy, operational efficiency, reduction in administrative burden, and patient engagement. The independent survey assessed AI-powered revenue cycle management solutions from 80 vendors, gathering insights from more than 1

GE Vernova Inc. announced today Dominion Energy’s Bushy Park Combustion Turbine (Bushy Park CT) facility achieved the start of commercial operation in Berkeley County, South Carolina, USA on November 1, 2024. The 52 megawatt** (MW) Bushy Park CT #1, powered by a GE Vernova LM6000VELOX* package solution including an LM6000* gas turbine and generator, marked the first LM6000VELOX package plant solution in operation globally. GE Vernova introduced the LM6000VELOX package in 2023

The countdown has begun for the Asia Photonics Expo (APE 2025), Asia’s premier event for photonics and optical technologies. Scheduled to take place from 26 to 28 February at the Sands Expo and Convention Centre, Singapore, APE 2025 is set to bring together the brightest minds and latest innovations in the photonics industry. With just two weeks remaining, industry professionals are encouraged to secure their spot at this transformative event, which pro

Verint, The CX Automation Company™, announced today that its Global Innovation Center (GIC) in Bangalore, India, is expanding, marking a significant milestone in Verint’s commitment to innovation and growth. The decision to establish the Bangalore location as a GIC and invest in expansion is a direct result of the significant momentum Verint has attained in CX Automation and its unique ability to deliver tangible AI Business Outcomes, Now™. Verint serves some of th

Polar Racking, a leader in innovative solar mounting solutions, with a total production capacity of 5 gigawatts (GW) across its global portfolio, reaffirms its commitment to expanding to 10GW of annual production. This engagement not only underscores the company's commitment to advancing the solar energy industry but also highlights its dedication to supporting local economies by ensuring a high percentage of US domestic content in its manufacturing processes. Since its inceptio

Lifecycle Renewables, the creator of Truburn, a renewable heating oil that reduces greenhouse emissions by over 86 percent, today announced a new distribution partnership with East Coast, a New York City provider of residential and commercial fuel deliveries, HVAC and mechanical services. Through this strategic partnership, Lifecycle expands its reach from New England to Metro New York, one of the most populated regions of the United States. Truburn is derived from recycled vegetabl

Castillo Engineering announced that it has been selected by Montante Solar to provide design and engineering services on two of Calibrant Energy's landfill community solar projects in Niagara, New York, totaling 13 MW. Currently under construction, the projects use ballasted, fixed-tilt mounting technology and are expected to reach completion in Q1 of 2025. "We're grateful to have partnered with Castillo Engineering on this challenging landfill solar project in New York

Hecate Energy LLC and Greenbacker Renewable Energy Company announce that the 500-megawatt (MW) Cider Solar Farm is moving forward with construction as approved by the New York Office of Renewable Energy Siting and Transmission ("ORES"). Hecate is a leading developer of renewable power projects and energy storage solutions across the United States. Greenbacker is an energy transition-focused independent power producer and investment manager; the company finalized its acquis

With the goal of completely carbon-free operation of ships, Hanwha Power Systems and Hanwha Ocean  signed a Joint Development and Collaboration Agreement with Baker Hughes, a global energy technology company, to design and produce low carbon ammonia gas turbines during the Baker Hughes Annual Meeting 2025 held in Florence, Italy on February 2-4. Hanwha Group declared its vision for the world's first fossil fuel-free ship at the Davos Forum held in Switzerland in January las