Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal Updated On Thu, Jul 6th, 2023 by Saurenergy Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […] Read more
Bharti Airtel Collaborates on Fuel Cell Technology with Bloom Energy Updated On Tue, Sep 13th, 2022 by Saurenergy Recently, Bharti Airtel announced that its subsidiary Nxtra Data Limited had teamed up with Bloom Energy to install low-environmental impact fuel cell systems at its data centers in Karnataka. This will help reduce carbon emissions by providing a cleaner, hydrogen-ready fuel source and reduce energy consumption. According to a statement from Bharti Airtel, Nxtra will […] Read more
Bloom Energy Installs its First Green Hydrogen-Powered Fuel Cells Updated On Wed, Apr 28th, 2021 by Saurenergy California-headquartered Bloom Energy announced yesterday that it has successfully deployed 100 kilowatts of solid-oxide fuel cells (SOFC) powered solely by hydrogen in Ulsan, South Korea, generating zero-carbon onsite electricity. For this project, the firm had worked in collaboration with its Korean partner, SK Engineering & Construction Co., Ltd., an affiliate of SK Group. The installation […] Read more