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

    June 9, 2023 - PR Newswire


      A roundup of the week's most newsworthy energy industry press releases from PR Newswire, including LG's commitment to renewable energy and Royal Caribbean's biofuel testing.

      NEW YORK, June 9, 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. Royal Caribbean Group Announces Ground-Breaking Biofuel Testing, Accelerating the Industry's Energy Transition

        The cruise company plans to continue increasing the use of alternative lower carbon fuel to meet the needs of its ships across the fleet. After the trials are completed this summer, Royal Caribbean Group plans to scale up the use of alternative fuels, including biofuels, across upcoming European summer sailings.
      2. Autel's MaxiCharger DC Fast and MaxiCharger DC Compact chargers earn ENERGY STAR® certification

        "By having products that meet the very stringent requirements of ENERGY STAR® it demonstrates our continued commitment to squeezing out every ounce of energy used in our products and to position our company as a market leader," said John Thomas, Autel Chief Operating Officer.
      3. Covestro signs first major renewable energy agreement for its US operations

        This newest 15-year agreement secures a portion of power from the Mockingbird Solar Center in Lamar County, Texas. The vPPA is estimated to offset 70,000 tons of CO2 emissions annually and will reduce the scope 2 emissions from Covestro's third largest production site, located in Baytown, Texas.
      4. LG Joins RE100 Initiative, Committing to Transition to Renewable Energy

        The company has finalized plans to convert all its business sites to 100% renewable energy by 2050. To reach this goal, LG will gradually increase its usage of electricity from renewable sources, such as solar and wind power, to 60% by 2030 and 90% by 2040, arriving at its target of 100% by 2050.
      5. AES Acquires Largest Permitted Solar-Plus-Storage Project in the United States

        The project, located in Kern County, California, where AES1 already has significant operations, includes two phases, each with 500 MW of solar and up to 500 MW of four-hour duration battery energy storage. The project represents a significant step in accelerating California's commitment to achieving 100% carbon-free energy by 2045.
      6. ABTC Hits Major Technical Milestones on Path to Commercializing Lithium Hydroxide Refining Operations in Nevada

        ABTC CEO Ryan Melsert said, "There is near-infinite demand from automakers, battery manufacturers, and cathode refiners for this type of domestically produced low cost and low environmental impact lithium hydroxide material, and we are rapidly scaling up our commercial operations to meet this demand from our strategic partners."
      7. Klaytn Foundation Drives the Transition Towards Decentralized Clean Energy with Blockchain Technology

        This will help transform the energy industry, which is currently dominated by large central suppliers, into a new scheme in which small energy producers and end-consumers, such as local communities, cooperatives, decentralized autonomous organizations, or individuals, can participate in and benefit.
      8. raicoon's unique solar performance guarantee accelerating the energy transition, backed by Munich Re Group

        raicoon's autonomous operations center (AOC), a revolutionary AI-powered SaaS platform, fully automates solar PV operations, detects all measurable faults, and eliminates false alarms.
      9. UAE and Egypt Advance Development of Africa's Biggest Wind Farm

        The landmark wind project will produce 47,790 GWh of clean energy per year and reduce around 9% of Egypt's annual carbon emissions by displacing 23.8 million tonnes of carbon dioxide annually. The wind farm will also help Egypt meet its strategic objective of sourcing 42% of its energy from renewables by 2030.
      10. Hyzon Motors, Performance Food Group Sign Agreement for Fuel Cell Trucks

        The technology allows customers to transition their fleets to zero-emissions, while maintaining similar operating characteristics. Fueled by energy-dense hydrogen, FCEVs have the power, range, payload, and refueling time more typical of a diesel vehicle.

      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 Hyzon Motors.

      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

      Cision View original content to download multimedia:

      SOURCE PR Newswire


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