Energy

The Global Banker Republished with full copyright permissions from The Washington Daily Chronicle. The world is currently grappling with a critical shortage of diesel, which is not only causing a surge in prices but also straining economies that heavily rely on this fuel for industrial and transportation needs. While oil futures are witnessing a noticeable…

The Global Banker Guzman Energy, a prominent provider of wholesale power and affordable energy, has recently entered into a power purchase agreement (PPA) with National Renewable Solutions (NRS), a reputable renewable developer. The agreement focuses on the development of the 140 MW Shallow Basket PV solar project, supplemented by 50 MW of battery storage. Situated…

The Global Banker Bitcoin miners have ushered in a new era of sustainability, with more than half of the energy powering crypto mining operations now originating from renewable sources. This groundbreaking development, according to leading Bloomberg analyst Jamie Coutts, marks a pivotal moment in the pursuit of sustainable cryptocurrency mining. The Growth of Renewable Energy…

The Global Banker Radial Power, a leading developer, owner, and operator of distributed clean energy assets, is proud to announce its strategic partnership with Unirac, a renowned solar racking manufacturer, as the exclusive provider of solar racking solutions for Radial Power’s national portfolio of sustainability projects. This collaboration enables Radial Power to ensure seamless and…

The Global Banker GCM Grosvenor, a global alternative asset management solutions provider, has recently committed to investing up to $100 million in Vesper Energy over the next year. Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, will benefit from this partnership as GCM Grosvenor acquires a minority ownership stake in the…

The Global Banker Sage Geosystems Inc., a pioneering geothermal baseload and energy storage company headquartered in Houston, has recently announced the highly successful results of its full-scale commercial pilot for its innovative energy storage system, named EarthStore. This exciting breakthrough confirms not only the exceptional performance of Sage’s technology but also its cost-competitiveness when compared…