Energy - Press Releases

NEW YORK, Feb. 7, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The globalspecialty chemicals market size is estimated to grow by USD 383.2 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 6.7% during the forecast period. Increasing demand for specialty chemicals from agrochemical industryis driving market growth,with a trend towardsgrowing demand for bio-based chemicals. However,stringent regulations and policies towards specialty chemicals poses a challenge. Key market players include Albemarle Corp., Ashland Inc., BASF SE, Beardow and Adams Adhesives Ltd., Clariant International Ltd., Danimer Scientific Inc., Dymax Corp., Evonik Industries AG, Exxon Mobil Corp., H.B. Fuller Co., Henkel AG and Co. KGaA, Huntsman Corp., Lanxess AG, Nouryon Chemicals Holding B.V., PPG Industries Inc., Prince International Corp., Saudi Arabian Oil Co., Shree Ganesh Remedies Ltd., Solvay SA, and The Dow Chemical Co..

NEW YORK, Feb. 7, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The globalforklift trucks market size is estimated to grow by USD 26.88 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost7.7% during the forecast period. Rapid growth in construction sectoris driving market growth,with a trend towardsfuel cell-powered forklift trucks. However,shortage of skilled operators poses a challenge. Key market players include Anhui Heli Co. Ltd., BYD Co. Ltd., Cargotec Corp., Caterpillar Inc., CLARK Material Handling Co., Crown Equipment Corp., CVS FERRARI Spa, Dana Inc., EP Equipment Co. Ltd., Hoist Material Handling Inc., Hyster Yale Materials Handling Inc., Jungheinrich Group, KION GROUP AG, Komatsu Ltd., Konecranes, Manitou BF SA, Mitsubishi Heavy Industries Ltd., Royal Terberg Group BV, Sany Group, and Toyota Industries Corp..

NEW YORK, Feb. 7, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The globaldigital transformation market in oil and gas industry size is estimated to grow by USD 56.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 14.5% during the forecast period. Rrise in investments and partnershipsis driving market growth,with a trend towardsuse of digital twin technology. However,lack of skilled labor poses a challenge. Key market players include Accenture PLC, Amazon.com Inc., AVEVA Group Plc, Emerson Electric Co., General Electric Co., Halliburton Co., Informatica Inc., Intel Corp., International Business Machines Corp., Microsoft Corp, NVIDIA Corp., Oracle Corp, Rockwell Automation Inc., SAP SE, Siemens AG, Sierra Wireless Inc., Tata Consultancy Services Ltd., Teradata Corp., and TIBCO Software Inc..

SHANGHAI, Feb. 8, 2025 /PRNewswire/ -- SANY Group, a leading construction machinery manufacturer, has made history by securing the 468th position on the prestigious 2025 World's Top 500 Brands list, as revealed by the GYBrand Global Brand Research Institute. This marks SANY's first-ever appearance on the esteemed list, distinguishing it as the only engineering machinery company to be included. This achievement underscores SANY's position as a frontrunner in the global business landscape.

KOROR, Palau, Feb. 9, 2025 /PRNewswire/ --Billion Electric Group (TWSE: 3027), in collaboration with Taiwanese partners, has successfully deployed 495 kWp of solar PV and 1,997 kWh of battery energy storage systems (BESS) in Palau, Tuvalu, and the Marshall Islands. These modular microgrids reduce reliance on imported fossil fuels, ensuring stable green energy supply for agriculture, aquaculture, and local communities. The project is expected to cut carbon emissions by 800 metric tons annually, with over 50% renewable energy self-sufficiency at aquaculture centers and demonstration farms. Meanwhile, livestock farms, offices, and dormitories now operate on 100% green energy, significantly lowering both energy costs and environmental impact.

Highlights

STOCKHOLM, Feb. 9, 2025 /PRNewswire/ -- Munters has signed an agreement to divest the FoodTech Equipment offering to Grain & Protein Technologies (GPT), owned by American Industrial Partners (AIP), for MEUR 97.5 (approximately BSEK 1.1) on a cash and debt free basis.

BEIJING, Feb. 9, 2025 /PRNewswire/ -- JA Solar's DeepBlue 4.0 Pro modules are at the heart of a newly completed 2.5MW PV project at Coca-Cola's Faisalabad facility, delivered by Shams Power. This project showcases JA Solar's advanced PV technology and its products' suitability for challenging environments, providing high-performance energy solutions for industrial PV applications.

Global Financial Market Review (GFM) is a dedicated online news aggregation portal specializing in financial market news and industry updates. It combines original editorials with curated content from global news providers, reaching over 14 million readers annually. With a focus on reliability and depth, GFM has positioned itself as a trusted source in the financial sector, boasting a strong social media presence with over 180,000 Twitter followers.

NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Magma Power LLC has unveiled a groundbreaking drilling method and system that enables the precise detection and controlled drilling through underground magma reservoirs. This revolutionary technology, protected by nineteen worldwide patents, represents a transformative advancement in geothermal energy, providing a scalable solution for harnessing the vast energy potential of magma.

BOGOTA, Colombia, Feb. 5, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) informs that on February 5, 2025, it successfully completed the transaction with Repsol Colombia Oil & Gas Limited ("Repsol") to acquire the remaining 45% of its participation in the CPO-09 Block, for an amount of 452 million USD, making it the holder of 100% of the participation interest in the block, a strategic asset in the Piedemonte Llanero This transaction is the result of the exercise of the right of first refusal by Ecopetrol, within the framework of the Joint Operation Agreement (JOA).

NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The globaliron ore marketsize is estimated to grow by USD 60.9 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 3.3% during the forecast period. Upsurge in consumption of high-strength iron ore and steelis driving market growth,with a trend towardseconomic growth in China and India boosting demand for stainless steel. However,high capital investment market poses a challenge. Key market players include Anglo American plc, Ansteel Group Corp. Ltd., ArcelorMittal SA, Atlas Iron Pty Ltd., BCI Minerals Ltd., BHP Group Ltd., China Hanking Holdings Ltd., Eurasian Resources Group Sarl, Ferrexpo Plc, Fortescue Metals Group Ltd., GFG Alliance, KIOCL Ltd., Luossavaara Kiirunavaara AB, Metinvest BV, Mideast Integrated Steel Ltd., Mount Gibson Iron Ltd., NMDC Ltd., Rio Tinto Ltd., and Vale SA.

NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global battery for energy storage systems (ess) marketsize is estimated to grow by USD 22.18 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 23.8% during the forecast period. Changing energy mix from fossil fuels to sustainable and renewable energy resourcesis driving market growth,with a trend towardsincreased adoption of microgrids. However,widening demand-supply disparity with regard to lithium poses a challenge. Key market players include ABB Ltd., AEG Power Solutions BV, Corvus Energy, dSPACE GmbH, East Penn Manufacturing Co. Inc., Exergonix Inc., General Electric Co., Hitachi Ltd., LG Corp., Mitsubishi Heavy Industries Ltd., NEC Corp., Panasonic Holdings Corp., Philadelphia Scientific LLC, Samsung SDI Co. Ltd., Siemens Energy AG, SolarEdge Technologies Inc., TDK Corp., Tesla Inc., The AES Corp., and Toshiba Corp..

NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The globalbiofuels marketsize is estimated to grow by USD 26.6 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 3.23% during the forecast period. Increased adoption of renewable sources of energyis driving market growth,with a trend towardsresearch on third-generation biofuel called algae fuel. However,fluctuations in oil prices poses a challenge. Key market players include Advance Biofuel, Alten SA, ALTO INGREDIENTS INC., Archer Daniels Midland Co., Argent Energy UK Ltd., BlueFire Renewables Inc., Bunge Ltd., Cargill Inc., Chevron Corp., ENERKEM Inc., KFS Biodiesel GmbH and Co. KG, Louis Dreyfus Co. BV, Munzer Bioindustrie GmbH, Neste Corp., POET LLC, RB FUELS, Shell plc, Valero Energy Corp., Vance Group Ltd., and Wilmar International Ltd..

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global Electric vehicle (EV) marketsize is estimated to grow by USD 446.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 16.4% during the forecast period. Growing demand for low-emission vehiclesis driving market growth,with a trend towardscharging stations powered through renewable energy. However,insufficient charging infrastructure poses a challenge. Key market players include Bayerische Motoren Werke AG, BYD Co. Ltd., Chery Automobile Co. Ltd., China Dong Feng Motor Industry Imp. And Exp. Co. Ltd., Chongqing Changan Automobile Co. Ltd., Ford Motor Co., Geely Auto Group, General Motors Co., Guangzhou Automobile Group Co. Ltd, Honda Motor Co. Ltd., Hyundai Motor Co., Mahindra and Mahindra Ltd., Mercedes Benz Group AG, Nissan Motor Co. Ltd., Renault SAS, SAIC Motor Corp. Ltd., Stellantis NV, Tesla Inc., Toyota Motor Corp., and Volkswagen AG.

Blending Heritage Style Design with Advanced Features for Every Creator's Camera Bag

SEOUL, South Korea, Feb. 6, 2025 /PRNewswire/ --As U.S.-China trade tensions escalate into export controls on rare metals, Korea Zinc's(KRX:010130) role in maintaining supply chain stability for critical minerals has gained further strategic importance.

STOCKHOLM, Feb. 6, 2025 /PRNewswire/ -- "In the last quarter of the first century ofBoliden's operations, we are once again showing that we have a fundamental stability in both our business areas. Among our mines, the general development is particularly positive in the Boliden Area as well as Garpenberg. In our smelting operations, our Finnish units are again showing the greatest strength." - Mikael Staffas, President and CEO

$8.65 billion EBITDA for full year 2024, sees a rise of 14% year-on-year (YoY)

STOCKHOLM, Feb. 6, 2025 /PRNewswire/ -- "The zinc and silver depositGarpenberg continues to deliver good results, this year was no exception. At the same time we are also starting to get positive results from a more focused exploration strategy at and around the mines in the Boliden Area," says Stefan Romedahl, President Business Area Mines.

- Polyplastics lanzar DURAFIDE (R) PPS reciclado con un 40% de fibra de vidrio basado en un nuevo sistema de reciclaje posindustrial

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The globalethylene marketsize is estimated to grow by USD 63.3 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 6.5% during the forecast period. Increasing demand for polyethylene products from various industriesis driving market growth,with a trend towardsemergence of bio-ethylene. However,volatility in raw material prices poses a challenge. Key market players include BASF SE, Braskem SA, Chevron Phillips Chemical Co. LLC, China National Petroleum Corp., Eastman Chemical Co., Exxon Mobil Corp., Formosa Plastics Corp., Huntsman Corp., Koch Industries Inc., LyondellBasell Industries NV, Merck KGaA, Mitsubishi Chemical Group Corp., Mitsui Chemicals Inc., NOVA Chemicals Corp., Reliance Industries Ltd., Saudi Basic Industries Corp., Shell plc, Sumitomo Chemical Co. Ltd., The Dow Chemical Co., and TotalEnergies SE.

BEIJING, Feb. 6, 2025 /PRNewswire/ -- On January 16, at the Abu Dhabi Sustainability Week 2025 (ADSW) Masdar, the UAE's clean energy leader, announced JA Solar as one of the preferred suppliers for the world's largest PV and energy storage project. This groundbreaking initiative is the world's first 24/7 gigascale project, combining solar photovoltaic (PV) power and battery storage to deliver uninterrupted renewable energy.

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global potash marketsize is estimated to grow by USD 16.82 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 4.9% during the forecast period. Growing demand for fertilizersis driving market growth,with a trend towardsincreasing global potash production capacity.However,high price of sop fertilizers poses a challenge. Key market players include Agrimin Ltd., Arab Potash Co. Plc, Compass Minerals International Inc., EuroChem Group AG, Evergrow, GUJARAT AKSHA FERTILIZER CO., Haifa Negev technologies Ltd., HELM AG, Indian Potash Ltd., Intrepid Potash Inc., Israel Chemicals Ltd., JSC Belarusian Potash Co., Kalium Lakes Ltd., Kiran Chemicals, KS Aktiengesellschaft, Nutrien Ltd., PJSC Uralkali, Tessenderlo Group NV, The Mosaic Co., and Yara International ASA.

FORNEBU,Norway, Feb. 6, 2025 /PRNewswire/ -- Aker Horizons (OSE:AKH) will publish its financial results for the fourth quarter 2024 on Thursday 13 February 2025, at 07:00 CET. An online presentation of the results will be held on the same day at 08:30 CET.