Increasing demand for onsite distributed energy resources driving growth in ESCO market A new report by Guidehouse Insights estimates that the market for Energy Service Companies (ESCOs) will grow to nearly $68 billion by 2032, driven by fluctuating energy prices, supply instability, regulatory environments, government incentives and cost-saving opportunities. The report from Guidehouse Insights provides a comprehensive analysis of the energy service companies (ESCO) market globally. | Fervo Energy Announces Technology Breakthrough in Next-Generation Geothermal Fervo Energy , the leader in next-generation geothermal technology, revealed it has successfully completed the well test at its full-scale commercial pilot, Project Red, in northern Nevada. The successful well test confirms the commercial viability of Fervo's drilling technology and establishes Project Red as the most productive enhanced geothermal system in history. | Electric/Hybrid Torqeedo Launches “Time for a Change” Campaign Torqeedo, a leader in electric mobility on the water, is calling on boat owners to exchange their old combustion engines for Travel series electric outboards as part of their "Time for a Change” campaign. With the “Time for a Change” campaign Torqeedo aims to encourage the phase-out of small fossil fuel-powered outboards, which pollute the air and water. To accelerate the transition to more sustainable boating, the company is offering €300 cash back on Travel 1103 and 603 motors for a limited time. | New battery intelligence could rapid charge EVs 25 percent faster Energy saving DOE Announces $90 Million To Support Resilient and Efficient Building Energy Codes As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) announced $90 million in competitive awards to help states, cities, tribes, and partnering organizations implement updated energy codes for buildings. Funded by the President’s Bipartisan Infrastructure Law, these awards will support 27 projects across 26 states and the District of Columbia to ensure buildings meet the latest standards for energy efficiency — reducing greenhouse gas emissions and lowering energy bills for American families and businesses. | Industry continues to drive forward digital revolution towards Net Zero Hydrogen Pakistan Oracle Power receives completed topography survey report on its green hydrogen project site in Pakistan Miscellaneous Ocean Energy Panorama UAE UAE Ministry of Infrastructure & Energy and DNV to Establish Maritime Decarbonisation Centre Hitachi Energy selected for agreement to secure large-scale renewable integration in Scotland Storage CMBlu Delivers first Organic SolidFlow Energy Storage to Solar Park in Austria The first operational Organic SolidFlow Battery of the world has successfully been delivered. CMBlu Energy, the manufacturer of this secure, sustainable and affordable battery storage system and Burgenland Energie, the hosting electric utility, have held a ceremony with prestigious guests covering politics, economics and science. The world premiere took place at the hybrid wind and solar park Schattendorf in the Burgenland state of eastern Austria. | Perl Street and The Energy Coalition secure battery storage incentive financing Eku Energy Partners with Renera Energy to Develop Over 1GW of Battery Storage Projects Agenda ISES Solar World Congress |