Energy - Press Releases

ARLINGTON, Va., March 18, 2025 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced that the previously announced tender offer to purchase (the "Tender Offer") for cash, subject to certain terms and conditions, any and all of its outstanding 3.300% Senior Notes due 2025 (the "Securities") expired at 5:00 p.m., New York City time, on March 18, 2025 (the "Expiration Time"). As of the Expiration Time, $776,214,000 or86.25%% of the $900 million aggregate principal amount outstanding of the Securities had been validly tendered and not validly withdrawn (not including any amount of Securities submitted pursuant to the guaranteed delivery procedures described in the Offer to Purchase, dated March 12, 2025 (the "Offer to Purchase") and the related notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents"). Payment for the Securities validly tendered and accepted for purchase will be made on March 21, 2025 (the "Settlement Date").

DALLAS, March 18, 2025 /PRNewswire/ -- Celanese Corporation (NYSE: CE) ("Celanese"), a global chemical and specialty materials company, today announced the early results of offers by its direct wholly-owned subsidiary Celanese US Holdings LLC (the "Company") to purchase for cash any validly tendered (and not validly withdrawn) and accepted notes in an aggregate principal amount equal to (i) EUR552,082,000 of 4.777% Senior Notes due 2026 (the "EUR Notes") and (ii) $500,000,000 of 6.415% Senior Notes due 2027 (the "USD Notes," and together with the EUR Notes, the "Notes") (such amounts represent an increase in size from the previously announced Series Cap as further described herein) as described in the table below (the "Tender Offers").

LYON, France, March 19, 2025 /PRNewswire/ -- Amid the dual pressures of accelerating global urbanization and carbon neutrality goals, the conflict between building energy consumption and environmental pollution has become increasingly pronounced. Against this backdrop, the Be Positive 2025 Expo is set to witness a groundbreaking transformation in the field of building materials. PHOMI HOLDING will make a stunning appearance with its revolutionary Smart City econiclay Material Solutions, featuring its self-developed econiclay, which has garnered significant attention from the international energy and construction sectors.

CALGARY, Alberta, 19 de marzo de 2025 /PRNewswire-HISPANIC PR WIRE/ -- Parkland Corporation ("Parkland" o la "Empresa") (TSX: PKI) se complace en anunciar hoy la designacin de Felipe Bayon y Sue Gove a su junta directiva (la "Junta"), con efecto a partir del 18 de marzo de 2025. Estas designaciones refuerzan el compromiso de la empresa con una slida gobernanza corporativa al agregar dos lderes de alto nivel con amplia experiencia.

KUALA LUMPUR, Malaysia, March 19, 2025 /PRNewswire/ -- TECO Electric & Machinery Co. held an acquisition signing ceremony today (19th) in Kuala Lumpur, Malaysia, with local MEP engineering company NCL Energy Sdn Bhd (hereinafter referred to as NCL). TECO will acquire an 80% stake in NCL, becoming its largest shareholder and jointly expanding into Malaysia's MEP engineering market for data centers and renewable energy.

KYOTO, Japan, March 19, 2025 /PRNewswire/ -- ROHM Co., Ltd. announced on March 19 its commitment to addressing social challenges through electronics by focusing on the development of power semiconductors, which play a critical role in improving efficiency in high-power applications. Under the "Power Eco Family" brand, ROHM offers comprehensive power semiconductor technologies and solutions that contribute to building a sustainable ecosystem.

HALMSTAD, Suecia, 19 de marzo de 2025 /PRNewswire/ -- En un paso pionero hacia un futuro energtico ms sostenible y resistente, uno de los primeros parques solares hbridos de Suecia se ha desplegado con xito en Halmstad. Sungrow - el proveedor lder mundial de soluciones de energa renovable - ha sido una pieza clave en este proyecto histrico, proporcionando los inversores y el sistema de almacenamiento de energa (ESS). Combinando la tecnologa fotovoltaica (FV) con sistemas avanzados de almacenamiento de energa (ESS), este proyecto representa un gran ejemplo de los avances en el despliegue de las energas renovables, la estabilidad de la red y la eficiencia energtica.

SHANGHAI, March 19, 2025 /PRNewswire/ -- Envision Energy, a world-leading green technology company, recently announced its in-house developed and manufactured sliding bearings have been successfully applied on a large scale for the first time worldwide, achieving zero failures across 500 wind turbines. This milestone makes Envision Energy the world's first wind turbine OEM to achieve independent research, in-house production and large-scale application of sliding bearings, marking a major technological breakthrough in the wind power industry.

SHANGHAI, March 19, 2025 /PRNewswire/ -- Envision Energy, a world-leading green technology company, recently announced its in-house developed and manufactured sliding bearings have been successfully applied on a large scale for the first time worldwide, achieving zero failures across 500 wind turbines. This milestone makes Envision Energy the world's first wind turbine OEM to achieve independent research, in-house production and large-scale application of sliding bearings, marking a major technological breakthrough in the wind power industry.

LUND, Sweden, March 19, 2025 /PRNewswire/ -- Alfa Laval has signed its first contract for the ammonia fuel supply system, FCM Ammonia, reinforcing its position as a front-runner in developing solutions for decarbonizing the maritime industry. The ammonia fuel supply system will be installed onboard seven ammonia dual-fuel LPG/ammonia carriers for Tianjin Southwest Maritime.

JOHANNESBURG, March 19, 2025 /PRNewswire/ -- Sasol will host a Capital Markets Day (CMD) on Tuesday, 20 May 2025 at Sasol Place, Sandton.

STOCKHOLM, March 19, 2025 /PRNewswire/ -- Novatron Fusion Group (NFG) is pleased to announce the successful closing of its Series A1 funding round. This achievement is further enhanced by a new strategic long-term industrial partnership with lead investor and new board member St1, marking a new chapter in the journey toward commercial fusion energy.

MILWAUKEE, March 19, 2025 /PRNewswire/ -- RegalRexnord Corporation (NYSE: RRX), in conjunction with its participation at the Bank of America Global Industrials Conference 2025 in London, is providing the investment community with additional clarity related to estimated impacts from current and potential U.S. tariffs on imports from Canada, China, and Mexico, as well as on steel and aluminum.

BINZHOU, China, March 19, 2025 /PRNewswire/ -- Antaisolar, expert in digital intelligent PV mounting system solutions, has officially launched its Binzhou factory in Zhanhua District, Shandong Province. This new facility marks a significant milestone in Antaisolar's expansion, reinforcing its commitment to China's solar industry and strengthening its global manufacturing footprint.

AUSTIN, Texas, March 18, 2025 /PRNewswire/ -- RWE, the third largest renewable energy company in the U.S., and Meta today announced a new power purchase agreement (PPA) for offtake from a 200-megawatt (MWac) solar project in Texas. Under the agreement, Meta will purchase 100% of the output from RWE's Waterloo Solar project in Bastrop County, Texas, which is set to begin onsite construction in late 2025.

500 Homes Expected to be Powered by this Community Solar Project

Co-Chairs GCMU, Sylvera, RMI and S&P Global Commodity Insights invite experts to advance transparency in carbon markets and collaborate on Carbon Data Open Protocol

SEOUL, South Korea, March 18, 2025 /PRNewswire/ -- The 'Smart Factory + Automation World 2025 (AW 2025),' Asia's leading smart factory and automation industry trade show, successfully concluded on March 14 with a record-breaking scale. The exhibition featured 500 companies from 22 countries, showcasing innovations across 2,200 booths, attracting approximately 70,000 visitors-an increase of 10% in exhibitors and 15% in visitors compared to the previous year.

STOCKHOLM, March 18, 2025 /PRNewswire/ -- In connection withBoliden's Capital Markets Day, an update on the commissioning of the expansion project in Odda will be given together with several project updates, primarily within Business Area Mines. Among other things, an in-depth presentation will be provided on the expansion opportunities in Garpenberg, where initial investments have already been decided.

Green Chemistry pioneer joins the ranks of Waymo, Nvidia, Duolingo, and more

Hosting Call at 5pm ET on Wednesday, April 2nd

FOWLERVILLE, Mich., March 18, 2025 /PRNewswire/ -- AsahiKasei Plastics North America (APNA)has announced that it has been named one of Plastics News' Best Places to Work for the 11th consecutive year. This milestone recognition comes during a year of transformation, marked by new leadership, strategic growth initiatives, and continued commitment to fostering a workplace where employees can thrive.

CHARLOTTE, N.C., March 18, 2025 /PRNewswire/ -- Wildflower Solar is online and generating clean power in DeSoto County, Mississippi. This significant milestone marks the first investment of Deriva Energy in Mississippi.

LOS ANGELES, March 18, 2025 /PRNewswire/ -- Southern California Gas Company(SoCalGas) today announced it executed a contract with Organic Energy Solutions (OES) to procure renewable natural gas (RNG) converted from organic waste and inject it into SoCalGas' pipeline system. The contract is the first approved by the California Public Utilities Commission (CPUC) under Senate Bill (SB) 1440 which sets specific RNG procurement targets for the state's natural gas utilities. The RNG will be sourced from a project located in the city of San Bernardino and is an important step toward achieving California's goal to reduce methane emissions from agriculture and waste while advancing energy decarbonization in the state.

AUSTIN, Texas, March 18, 2025 /PRNewswire/ --Jupiter Power LLC ("Jupiter Power"), a leading developer and operator of utility-scale battery energy storage systems, has successfully closed $286 million in project financing to support the construction of two standalone battery energy storage systems (BESS) - Tibbits in Michigan, and Tidwell Prairie in Texas. The two projects, totaling 300 MW/800 MWh, are expected to commence commercial operations later this year.