Monthly Archives June 2024

Austrian Waste-to-X biotech startup Vertus Energy secures €8.75M in a seed funding: Vertus Energy, a Vienna-based startup specializing in advanced control of bacteria behaviour, has secured €8.75 million in a seed funding round led by Energy Capital Ventures. It will be used to scale the company’s flagship product, BRIO, into pilot projects, EU-Startups informs. Founded in […]

Brookfield Opens Fundraising for Catalytic Transition Fund with Anchor Commitment from ALTÉRRA Targeted to Raise up to $5 billion to Scale Up Climate Finance in Emerging Markets: First dedicated fund introduced for transition investing in emerging markets $1 billion committed by UAE-backed ALTÉRRA CTF first close expected by the end of 2024 BROOKFIELD, NEWS, June 13, […]

e-Zinc Secures USD $31M in Series A2 Funding to Advance Commercialization Initiatives:New financing will enable e-Zinc to complete its pilot manufacturing facility and begin deploying commercial pilot projects of its long-duration energy storage system June 27, 2024 09:00 AM Eastern Daylight Time TORONTO–(BUSINESS WIRE)–e-Zinc, the company enabling sustainable, long-duration energy storage with its zinc-air battery, […]

Galvanize Climate Solutions’ Real Estate Strategy Acquires Second Asset: Galvanize’s pioneering real estate strategy leverages proprietary technology with the aim of optimizing energy efficiency savings, generating renewable power, and increasing asset value. One Gateway Boulevard (Photo: Business Wire) June 27, 2024 06:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Galvanize Real Estate (“GRE”), the sustainable real […]

LanzaTech and LanzaJet Introduce CirculAir™, a Revolutionary and Commercially Ready Solution to Convert Waste, Carbon, and Renewable Power to Sustainable Aviation Fuel: CHICAGO, June 27, 2024 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials, and LanzaJet, Inc., a leading sustainable fuels technology […]

Recurrent Energy Closes $103 Million Tax Credit Transfer Agreement with Bank of America for North Fork Solar Project: The 160 MW North Fork Solar Project is now in operation, supplying power to the Oklahoma Municipal Power Authority GUELPH, ON, June 27, 2024 /PRNewswire/ — Recurrent Energy, a subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: […]

AES Partners with AI Fund to Accelerate AI-Driven Energy Solutions: AES named as exclusive energy partner to develop AI-focused companies  ARLINGTON, Va., June 27, 2024 /PRNewswire/ — The AES Corporation (NYSE: AES) today announced a strategic partnership with AI Fund aimed at accelerating the energy transition through artificial intelligence. Through this partnership, AES and AI Fund […]

SM ENERGY ANNOUNCES HIGHLY ACCRETIVE $2.0 BILLION UINTA BASIN ACQUISITION, 11% INCREASE TO FIXED DIVIDEND AND RELOADED $500 MILLION SHARE REPURCHASE PROGRAM: DENVER, June 27, 2024 /PRNewswire/ — SM Energy Company (the “Company” or “SM Energy”) (NYSE: SM) today announces that it has entered into an agreement to acquire the Uinta Basin oil and gas […]

Rondo Energy announces €75M project funding with Breakthrough Energy Catalyst and the European Investment Bank: Three Rondo Heat Battery installations will decarbonize food, clean fuel, and chemical production across Europe LONDON, June 26, 2024 /PRNewswire/ — Today at the Breakthrough Energy Summit, Rondo Energy, Breakthrough Energy Catalyst, the European Commission, and the European Investment Bank […]

Argus launches global low-carbon ammonia benchmark: LONDON, June 26, 2024 /PRNewswire/ — Global energy and commodity price reporting agency Argus has launched an index to assist companies trading low-carbon hydrogen products distributed to key markets in northeast Asia. The Argus Japan Korea Low-Carbon Ammonia Benchmark (JKLAB) is for the mass-balanced all-in cost of low-carbon (“blue”), […]