ArcelorMittal signed an agreement to acquire an 80 percent share in voestalpine’s HBI plant in Corpus Christi, Texas. The remaining 20 percent will be held by voestalpine. The transaction values the Corpus Christi operations at $1 billion.
Copper-based metals are popular, thanks to their many uses, but industry professionals must meet challenges head-on.
When it comes to doing business, overall the red metals industry is in the black. This is because the market for copper-based alloys is strong, with these metals in high demand.
Spanish renewables company Greenalia SA (BME:GRN) announced today that it has reached a permitting milestone with its proposal to build a 33-MW wind farm in the region of Galicia, northwestern Spain.
Its plans for the Lamas de Feas wind project, located in the province of Ourense, are now available for public scrutiny, Greenalia said.
The company intends to invest over EUR 27 million (USD 29.1m) in the wind farm, and pay an additional EUR 650,000 in taxes and fees to local governments on the path of the project.
Global wind power installations reached 92.5 GW in 2021, down 25% compared to 2020 but still above expectations thanks to offshore additions in China, UK research firm Rethink Energy said today.
The drop in 2021 installations is to a large part attributed to a flurry of Chinese activity at the end of 2020 ahead of approaching subsidy deadlines.
Finnish renewables investor Korkia and UK-based firm Climate Emergency Renewables (Climate ER) aim to develop 500 MW of ready-to-build solar projects in Europe by 2025.
The companies announced the joint venture today and also revealed details on their first project – the 45-MW Mere Flats Solar Farm in the UK. The scheme will include energy storage capacity and, in due course, green hydrogen generation to fuel haulage transport across South Yorkshire.
Australia is in the midst of an energy transition. While the key driver is undoubtedly the need to cut emissions and combat climate change, this shift also has the potential to create significant economic opportunities.
El mercado mayorista de electricidad va a caer este miércoles por primera vez en 2022 por debajo de la cota de los 100 euros por megavatio hora (MWh). El denominado pool va a marcar su precio más bajo en más de cinco meses y medio gracias a la aportación de la energía eólica y la fotovoltaica.
Una bicicleta se compone de más de 40 piezas de procedencia muy diferente, en su mayoría de Asia, que los fabricantes españoles deben ensamblar para formar sus propios diseños. En los últimos años, el sector de las dos ruedas en España está viviendo profundos cambios.
Regional and global business leaders, policymakers and government representatives throughout the energy sector convened at the 2nd annual Asia Pacific Energy Week themed "Making the Energy of Tomorrow Possible," organized by Siemens Energy, to discuss regional challenges and opportunities for the energy transition.
