Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Power Generation Journal.

Ignis Energy Announced Final Close of $13.6M Series A Round To Advance Global Geothermal Exploration Portfolio
HOUSTON, June 26, 2025 (GLOBE NEWSWIRE) -- Ignis H2 Energy Inc. (“Ignis Energy”), a geothermal exploration and development company, announced the final close of its Series A funding round, securing $13.6 million from a global consortium of...

Bybit Announces Title Sponsorship of India Blockchain Tour 2025 to Power India’s Web3 Awakening
Dubai, United Arab Emirates, June 27th, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced its Title Sponsorship of the India Blockchain Tour (IBT) 2025, an ambitious initiative spread across...

Pakal Technologies Debuts 1200 Volt Family of IGTO(t) - The First Major Silicon Power Semiconductor Breakthrough in 50 Years
SAN FRANCISCO, June 26, 2025 (GLOBE NEWSWIRE) -- Pakal Technologies, the Silicon Valley startup redefining what’s possible in silicon power semiconductors, today announced the commercial launch of its 1200 Volt revolutionary IGTO(t) power...

Leading Industrial Marketing Agency, Allstream Energy Partners Attends Key Industry Energy Conferences in Houston
HOUSTON, TX, UNITED STATES, June 26, 2025 /EINPresswire.com/ -- Allstream Energy Partners, a leading industrial marketing agency based in Houston, proudly announced its attendance at two prominent industry events: the Reuters Downstream...

Vitis Energy Achieves Financial Close on Battery Energy Storage Project: Apache Hill Energy Center
200 MW / 400 MWh Facility to Enhance Grid Resilience in Texas by June 2026 ST. AUGUSTINE, FL, UNITED STATES, June 26, 2025 /EINPresswire.com/ -- Vitis Energy, an emerging leader in clean energy solutions, announced today the successful financial...

Stardust Power Inc. Announces Exercise of Over-Allotment Option from Recent Public Offering
GREENWICH, Conn., June 26, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (the “Company”), an American developer of battery-grade lithium products, today announced that the underwriter of its previously announced public offering of...

Ocean Power Technologies Awarded Patent for System and Method for Vehicle Charging
MONROE TOWNSHIP, N.J., June 26, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (OPT or the “Company”) (NYSE American: OPTT), a leader in innovative and sustainable marine energy and data solutions, today announced that the United States...

Ascent Solar Technologies Enters Collaborative Agreement Notice with NASA to Advance Development of Thin-Film PV Power Beaming Capabilities
THORNTON, Colo., June 26, 2025 (GLOBE NEWSWIRE) -- Ascent Solar Technologies (Nasdaq: ASTI) (“Ascent” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic...

Sunrun Dispatches More Than 340 Megawatts of Power in Single Evening to Support the Grid from Coast to Coast
SAN FRANCISCO, June 25, 2025 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN) announced today that its fleet of home batteries enrolled in distributed power plants dispatched more than 340 megawatts of peak power on the evening of June 24 to support power...

EIQdigital Launches Power Rate Index: A Game-Changer in Market Intelligence for the Retail Energy Sector
Cutting-edge AI-driven platform delivers real-time competitive analysis across Texas and deregulated energy markets in the U.S. HOUSTON, TX, UNITED STATES, June 25, 2025 /EINPresswire.com/ -- EIQdigital, a leader in retail energy data and...

Russia’s Power Exports to China Decrease
(MENAFN) Moscow’s electricity shipments to China experienced a significant decrease in the first six months of 2025, as revealed by Inter RAO, the state-owned energy exporter. The steep fall was linked to limitations on outbound electricity...

Green Energy Shift Drives Biomass Power Generation Market to $124.5 Billion by 2033
Biomass power generation offers a sustainable energy solution by converting organic waste into electricity, reducing emissions and supporting energy security. WILMINGTON, DE, UNITED STATES, June 25, 2025 /EINPresswire.com/ -- According to a new...

UM organises 3rd SKL-IOTSC Summer Camp for Outstanding University Students
MACAU, July 21 - The State Key Laboratory of Internet of Things for Smart City (SKL-IOTSC) at the University of Macau (UM) organised the 3rd SKL-IOTSC Summer Camp for Outstanding University Students, attracting outstanding students from top...

Silicon Carbide Semiconductor Market Growth Fueled by EV, Energy and Industrial Innovations | DataM Intelligence
Explore how the Silicon Carbide Semiconductor Market is revolutionizing EVs, energy systems, and industrial automation with rapid growth through 2032 NEW YORK, NY, UNITED STATES, June 25, 2025 /EINPresswire.com/ -- Market Overview : The Silicon...

Evelyn Wang: A new energy source at MIT
Evelyn Wang ’00 knows a few things about engineering solutions to hard problems. After all, she invented a way to pull water out of thin air. Now, Wang is applying that problem-solving experience — and a deep, enduring sense of optimism — toward...

Heinrich, Cortez Masto, Hernández Call on Trump Administration to Maintain Funding for Puerto Rico Energy Resilience
WASHINGTON — U.S. Senator Martin Heinrich (D-N.M.), Ranking Member on the U.S. Senate Energy and Natural Resources Committee, joined U.S. Senator Catherine Cortez Masto (D-Nev.) and Resident Commissioner for Puerto Rico Pablo José Hernández...

Quidnet Energy Completes 35 MWh Discharge Test after 6-Months of Holding Charge with No Loss
HOUSTON, June 25, 2025 (GLOBE NEWSWIRE) -- Quidnet Energy (“Quidnet”), a pioneer in long-duration energy storage solutions for delivering baseload power, announced today that the company has completed 35 MWh discharge after storing the energy for...

Industrial Power Supply Market Forecast To 2034 – For Business Leaders, Analysts, And Strategic Teams
The Business Research Company's Industrial Power Supply Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 25, 2025 /EINPresswire.com/ -- The industrial power supply market...

Industrial Power Transmission Market Set To Hit USD 12.91 Billion 2032, to Grow at a CAGR of 3% 2025-2032
Industrial Power Transmission Market is expected to reach US$ 12.91 Bn. in 2032 from US$ 10.19 Bn. in 2024. WILMINGTON, DE, UNITED STATES, June 25, 2025 /EINPresswire.com/ -- Stellar Market Research examines the growth rate of the Industrial...

Cleaner Energy Systems Propel Thermal Energy Storage Market to $56.4 Billion
Growing renewable adoption and focus on sustainability are boosting demand for thermal energy storage to balance supply-demand from intermittent sources. WILMINGTON, DE, UNITED STATES, June 25, 2025 /EINPresswire.com/ -- According to a new...