Power Systems Technology

The New Development Bank (NDB) has approved $2.3 billion in loans for 10 renewable energy projects, focusing on solar, wind, and hydropower technologies. This investment aims to install 2.8 GW of clean energy capacity, preventing 4 million tons of CO2 emissions annually. The projects will support South Africa’s transition to a sustainable energy future and align with the Just Energy Transition Partnership. #RenewableEnergy #Sustainability #GreenEnergy #ClimateAction #NDB #EnergyTransition Read more here: https://lnkd.in/dXJwXMQf

The U.S. Department of Energy (DOE) has allocated over $240 million to support the adoption of innovative building energy codes across the U.S. This funding, from the Inflation Reduction Act (IRA), will help reduce energy costs, improve building resilience, and combat climate change. With projects in key cities like Philadelphia, New York City, and Colorado, the initiative focuses on creating safer, more energy-efficient homes and workplaces. #BuildingEnergyCodes #EnergyEfficiency #ClimateAction #Justice40 #CleanEnergy Read more: https://lnkd.in/dnMpXPzZ

Discover Our Latest Issue! This issue dives into grid resilience, addressing challenges like aging infrastructure, extreme weather, and renewable integration. Explore expert insights, including an interview with Hitachi Energy's Andreas Schierenbeck, and learn how IEEE PES guidelines are shaping the future of energy. #EnergySector #GridResilience #RenewableEnergy #EnergyInnovation #IEEE #PowerSystems

General Motors and Samsung SDI reaffirm their $3.5 billion investment in an EV battery plant near New Carlisle, Indiana. This project will bring over 1,500 jobs to the area and play a vital role in the electric vehicle industry. With production slated for 2027, the region continues to move forward in the clean energy transition. #EV #BatteryTechnology #CleanEnergy #GeneralMotors #SamsungSDI #Indiana #Manufacturing #Sustainability Read more here: https://lnkd.in/dmsKiAXt

⚡Unveiling Our Latest Magazine Edition ⚡ The energy sector is facing significant challenges—from aging infrastructure, extreme weather, cyber threats to the integration of renewable energy. Our latest magazine edition addresses the critical issue of grid resilience, providing essential insights and strategies to help you navigate these challenges. 🌍 Why It Matters: Grid resilience has become a pressing concern for the energy industry. Learn how IEEE Power & Energy Society guidelines are playing a pivotal role in transforming the energy landscape, driving innovation, and ensuring a smooth transition to renewable sources. Many thanks to Mitsubishi Electric for their invaluable support of the IEEE PES Section. 📖 What You'll Find Inside: Gain perspectives from industry leaders:  Damir Novosel, Billy Lao, Nand Singh, Joshua Yun, Wayne Bishop Jr., Tony McGrail, Georgios Giovanakis, Andreas Schierenbeck, Michael Sheppard, Kenneth Peterson, MBA, Thomas Kessler, Ben Lanz, Abder Elandaloussi ,PE, MSEE, MBA, and Chip Angus, CRL. Their expertise offers valuable knowledge on the innovations shaping the future of energy. 🤝 A Special Thanks: We’re grateful to Mitsubishi Electric and key partners such as Maschinenfabrik Reinhausen, Pittman Power LLC, Cargill, Informa, Doble Engineering and CIGRE for their continued and dedicated support. Your partnership is essential to the ongoing advancement of the industry. 👉 Don’t Miss Out: This magazine is your guide to understanding and leading in the evolving energy sector. Click here to read the full magazine - https://lnkd.in/djeU6iSm

Big moves in renewable energy! 🌞 Swift Current Energy has secured tax equity investment from Google for the 800 MW Double Black Diamond Solar Project in Illinois, set to be the largest solar project east of the Mississippi. Meanwhile, EBRD and Raiffeisen Bank have committed €110 million to solar projects in Romania, and Levanta Renewables expands with new acquisitions in Southeast Asia. In New Zealand, Lodestone Energy announces two new solar projects, and Generate Capital closes a $64 million fund for projects in New York. #RenewableEnergy #SolarPower #CleanEnergy #EnergyInvestment #Sustainability #ClimateAction Read more: https://lnkd.in/daHmMdNh

Poland takes a significant step toward energy diversification by allocating $1.2bn from its 2025 budget to launch its first nuclear power plant, projected to start operations in ten years near the Baltic Sea. The plant aims to combine nuclear and renewable energy to reduce electricity costs and support Poland’s energy independence. #EnergyTransition #NuclearEnergy #Poland #CleanEnergy #RenewableEnergy Read more here: https://lnkd.in/epRu4gWT

Lion Energy has secured a $10 million joint development agreement with DGA Energy Solutions Australia Pty Limited and Samsung C&T Corporation to develop a green hydrogen production and refuelling hub at the Port of Brisbane. This project is set to produce 850 kg of hydrogen daily, helping transition heavy mobility and industrial fleets to green energy solutions. #GreenHydrogen #EnergyTransition #Sustainability #LionEnergy #HydrogenHub #PortOfBrisbane Read more here: https://lnkd.in/day633Qy

🌍 At DistribuTECH International 2024, we spoke with Claudia Blanco and Claudia Cosoreanu from GE Vernova and Grid Automation at GE Vernova, about some game-changing developments: https://lnkd.in/dj-pnAHH #EnergyInnovation #GridSolutions #Decarbonization #SmartGrid #RenewableEnergy #FutureOfEnergy #EnergySector #DistribuTECH2024 Tahira Komal Cristine Tossan

SOFAR has secured subsidies from the Japanese government, marking a significant step forward for its cutting-edge energy storage solutions. These subsidies will enhance disaster resilience and promote sustainability for small and medium-sized businesses. #EnergyStorage #SustainableEnergy #DisasterResilience #GovernmentSupport #EnergyTransition Read more: https://lnkd.in/dyG8cvbc