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LUGANO, Switzerland & WESTLAKE VILLAGE, Calif. & AUSTIN, Texas
Energy Vault will supply a 100 MW (200 MWh) battery energy storage system at a Jupiter Power Facility near Fort Stockton, Texas, which will provide energy and ancillary services to ERCOT.

Energy Vault will additionally construct and commission a 10 MW (20 MWh) battery energy storage system for Jupiter Power in Carpinteria, California, which will participate in the CAISO Resource Adequacy program and provide resiliency to California.

The Jupiter Power battery energy storage systems will utilize Energy Vault Solutions’ (EVS) proprietary system design and EVS’ Energy Management Software which are designed for optimal grid resiliency and economic energy dispatch regardless of the underlying storage technology.

(BUSINESS WIRE) -- Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage s ... Read more »

Views: 56 | Added by: africa-live | Date: 08.16.2022 | Comments (0)

Dubai, United Arab Emirates - Monday, 15. August 2022

Iraq's struggle to form a government four months after the parliamentary elections has challenged Iraq's stock market, where volumes decreased by 67% in July.


According Tugba Tan Karakaya, analyst at research department of Rabee Securities: " Eid Al Adha holidays with the current political deadlock, and protests in Iraq, it is no wonder we witness weak trading volumes, as investors wait to see the outcome of all this. It may take a few more weeks to see which direction Iraq is heading.  Despite this bleak picture, we have seen an increase in foreigners trading which represented 16.6% in July compared to previous month".


Figures show that 35.5% of volume trading was related to the banking sector, followed by the telecom sector at 18.7%, then the industry sector, representing 17.0% of the total trades.


... Read more »

Views: 52 | Added by: africa-live | Date: 08.16.2022 | Comments (0)

(BUSINESS WIRE) -- Today marks the first day of operation for Lenovo PCCW Solutions Limited1, the new strategic partnership between Lenovo Group (HKSE: 992) (ADR: LNVGY) and PCCW (HKSE: 0008) set to capitalize on the estimated US$320 billion Asia IT services market.

The new company provides one-stop customer solutions that integrate IT services, devices, and digital infrastructure, and empowers clients to transform their businesses and operations with technology – from managing complex integrations to enhancing competitiveness with innovative applications.

Through the partnership, the company benefits from Lenovo’s global footprint in more than 180 markets, broad portfolio of end-to-end solutions, solid pedigree in innovation, and strong go-to-market and delivery capabilities.

Ken Wong, Executive Vice President of Lenovo and President of Lenovo Solutions and Services Group, said, “The partnership marks an important milestone in Lenovo’ ... Read more »

Views: 53 | Added by: africa-live | Date: 08.16.2022 | Comments (0)