This Week in Energy News: 10 Stories You Need to See

A roundup of the week's most newsworthy energy industry press releases from PR Newswire, including updates in EV charging, sustainable flight, and battery storage.

NEW YORK, July 28, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the energy and natural resources industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

1. Seven Automakers Unite to Create a Leading High-Powered Charging Network Across North America
   BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, and Stellantis NV are creating a joint venture to accelerate the transition to electric vehicles in North America, by making EV charging more convenient, accessible and reliable. The joint venture will include the development of a new, high-powered charging network with at least 30,000 chargers to make zero-emission driving even more attractive for millions of customers.
2. United's Sustainable Flight Fund Grows to Nearly $200 Million and Adds Strategic Partners
   "As companies across the globe are increasingly looking for ways to reduce their environmental impact from flying, the UAV Sustainable Flight Fund presents a unique opportunity – instead of fighting over the current limited supply of SAF, with our partners, we're working collaboratively to help scale the SAF industry itself, and to get an equity stake in groundbreaking technology while doing it," said United Airlines Ventures President Michael Leskinen.
3. BrightNight, Rivian, and The Nature Conservancy Unite to Transform Starfire Coal Mine into Kentucky's Largest Renewable Power Project
   Once complete, the BrightNight Starfire Renewable Energy Center will have an 800-megawatt (MW) capacity, producing enough electricity to power over 170,000 households per year.
4. FranklinWH and BayWa r.e. Partner to Provide Renewable Energy Systems to Homes Across U.S.
   "Homeowners are ready to enter the 'age of the battery,' as grid instability, climate change and recent legislation prompt the exploration of alternative energy in homes. This alliance makes it possible for us to further support homeowner's transition to and maintenance of sustainable energy solutions," said Vincent Ambrose, Chief Commercial Officer at FranklinWH.
5. Schneider Electric and PG&E Announce Solution on Microsoft Azure to Maximize Value of EVs, Solar and Battery Energy Storage as Flexible Grid Resources
   The breakthrough collaboration provides an intelligent system to maintain grid reliability during periods of extreme weather and heavier demand for electricity.
6. Summit Ridge Energy Completes First Battery Storage Projects in New York City
   Located across Brooklyn and Staten Island, the projects support New York's targets to achieve 100% clean power by 2040. The projects will stabilize the grid and improve resiliency as more renewable energy sources are added to the power mix, including off-shore wind energy.
7. Reunion launches marketplace with over $1B in clean energy tax credits
   Reunion's marketplace connects clean energy projects with corporations seeking to invest in federal tax credits at an attractive, risk-adjusted return. Reunion provides project origination, due diligence, insurance, and transaction support services to facilitate the purchase and sale of transferable tax credits, as enabled by the Inflation Reduction Act of 2022.
8. Gevo and McDermott to Collaborate on Sustainable Aviation Fuel Facilities
   The first facility, Net-Zero 1, is expected to be constructed near Lake Preston, South Dakota. The Net-Zero 1 plant is expected to produce up to 65 million gallons of sustainable aviation fuel (SAF), diesel and renewable gasoline that, when consumed, is expected to have a lifecycle net-zero greenhouse gas footprint.
9. Arco Technologies Inc. and Shell GameChanger Join Forces to Create a High Volume Hydrogen AEM Electrolyzer
   Arco Technologies, Inc., will design, build, and test a small scale, 60kW AEM electrolyzer with the ability to produce more than 24 kg hydrogen per day. "We're thrilled that Shell sees the value of our electrolyzer technology, and this partnership is already helping pave the way towards an accelerated climate change transition," says David Zabetakis, CEO of Arco Technologies.
10. Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion
    The acquisition marries Schmid Silicon's proven, ultra-high-purity and low-carbon silane process technology with Group14's commercially proven manufacturing capabilities to deliver high-energy density silicon battery materials – a more sustainable and higher-performing alternative that pushes the boundaries of lithium-ion batteries to keep pace with the global energy transition.

Read more of the latest energy-related releases from PR Newswire and stay caught up on the top press releases by following @PRNenergy on Twitter.

Can't-Miss Earnings

In addition to these popular releases, several must-read earnings reports crossed the wire this week, including the quarterly results for Peabody, The Dow Chemical Company, and NextEra Energy.

Catch up on all the latest earnings reports here.

Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they're signed up, reporters, bloggers and freelancers have access to the following free features:

• Customization: Create a customized newsfeed that will deliver relevant news right to your inbox. Customize the newsfeed by keywords, industry, subject, geography, and more.
• Photos and Videos: Thousands of multimedia assets are available to download and include with your next story.
• Subject Matter Experts: Access ProfNet, a database of industry experts to connect with as sources or for quotes in your articles.
• Related Resources: Read and subscribe to our journalist- and blogger-focused blog, Beyond Bylines, for media news roundups, writing tips, upcoming events, and more.

About PR Newswire and PR Newswire for Journalists

For more than 65 years, PR Newswire has been the industry leader with the largest, most comprehensive distribution network of print, radio, magazine, television stations, financial portals and trade publications. PR Newswire has an unparalleled global reach of more than 200,000 publications and 10,000 websites and is available in more than 170 countries and 40 languages.

PR Newswire for Journalists (PRNJ) is an exclusive community that includes over 20,000 journalists, bloggers and influencers who are logging into their PRNJ accounts specifically looking for story ideas. PR Newswire thoroughly researches and vets this community to verify their identity as a member of the press, blogger or influencer. PRNJ users cover more than 200 beats and verticals.

For questions, contact the team at [email protected].

SOURCE PR Newswire