Bboxx and EDF Ramp Up Partnership with Investment in Kenya Expansion

Bboxx, a next generation utility, and EDF, a global leader in low-carbon energies, are strengthening their partnership as EDF becomes a shareholder in Bboxx Kenya. Together, they aim to provide access to clean, reliable and affordable and CO2-free energy to over 2  million Kenyans with solar home systems by 2025. Under the terms of the agreement, EDF takes a 23% stake in Bboxx Kenya.

Bboxx and EDF Ramp Up Partnership with Investment in Kenya Expansion

Bboxx, a next generation utility, and EDF, a global leader in low-carbon energies, are strengthening their partnership as EDF becomes a shareholder in Bboxx Kenya. Together, they aim to provide access to clean, reliable and affordable and CO2-free energy to over 2  million Kenyans with solar home systems by 2025. Under the terms of the agreement, EDF takes a 23% stake in Bboxx Kenya.

Geothermal Experts Explore Future of Growing Industry

The heat beneath our feet, or geothermal energy, has begun to trend in the public consciousness after years of relative obscurity compared to other renewable energy sources like solar and wind. The field, for example, was the focus of a story late last year in Rolling Stone magazine.

H2 Green Steel Initiative Aims to Produce 5 Million Tons of CO2-Free Steel

H2 Green Steel (“H2GS”) will be a large-scale steel producer based on a fossil-free manufacturing process targeting large European OEMs. H2GS will be located in the Boden-Luleå region in northern Sweden that offers unique conditions for fossil-free steel production. The project includes a giga-scale green hydrogen plant as an integrated part of the steel production facility. Production will begin in 2024 and by 2030, H2GS will have annual production capacity of 5 million tons of high-quality steel. Henrik Henriksson, currently CEO of Scania, will lead the company.

Expanding opportunities in the solar inverter segment: An interview with Filippo Carzaniga of FIMER

In March 2020, ABB announced the divestment of its inverter business to Italian company FIMER, enabling ABB to focus more on other aspects of its electrification business while giving FIMER the chance to enhance business opportunities for the solar inverter segment. FIMER itself had announced the acquisition the previous summer, in July 2019. The move enables FIMER to expand its global reach, based on three manufacturing plants and R&D hubs, with an expected increase in shipments by late 2020 of over 7 GW.

EDP competirá con Naturgy y Enagás por liderar la carrera de la eólica marina flotante en aguas de Asturias

Las compañías gasísticas Naturgy y Enagás presentaron hace solo unos días su iniciativa (un parque eólico marino flotante frente a las costas de Asturias) y ayer hizo lo propio, en el marco del lanzamiento de su Estrategia 2021-2025, la portuguesa EDP, que anuncia inversiones por valor de 24.000 millones de euros para este quinquenio. El 80% de ese total será invertido en una línea de negocio: las energías renovables (el 15% en redes; y el 5% restante, en Soluciones para Clientes y Gestión de Energía). [Foto: una de las plataformas flotantes de EDP en Portugal].