Monthly Archives June 2024

Nextracker Acquires Ojjo to Expand Utility-Scale Solar Tracker Foundations Business: June 20, 2024 09:55 AM Eastern Daylight Time FREMONT, Calif.–(BUSINESS WIRE)–Nextracker (NASDAQ: NXT), a global provider of intelligent solar tracker and software solutions, today announced it has acquired Ojjo in an all-cash transaction for approximately $119 million. The purchase price is subject to working capital […]

Innergex Announces the Sale of Minority Interests in its Renewable Energy Portfolio in TexasNEWS PROVIDED BY Innergex Renewable Energy Inc. Jun 20, 2024, 11:15 ET US$188 million (CAN$257 million) investment by Irradiant, including customary working capital adjustments De-risks Innergex’s Texas assets and enhances the quality of its portfolio Strengthens and de-leverages Innergex’s balance sheet Innergex to […]

Salesforce Accelerates Energy Transition with New Climate Investments: Salesforce today announced three major climate investments to accelerate a just energy transition. The company has joined Frontier, an advance market commitment (AMC) to collectively buy more than $1 billion of permanent carbon removal by 2030. Through this membership, Salesforce will commit $25 million to accelerate, scale, […]

M2X Energy Announces $40 Million Series B Financing to Accelerate Commercial Operations: Commercial Low-Carbon Methanol Available in Early 2025 June 20, 2024 08:00 AM Eastern Daylight Time ROCKLEDGE, Fla.–(BUSINESS WIRE)–M2X Energy Inc. (“M2X” or “the Company”), an end-to-end developer of modular, transportable gas-to-liquids systems that economically produce low-carbon methanol from stranded methane, announced today a […]

Molten Industries Raises $25M Series A to Produce Clean Graphite and Hydrogen and Onshore Battery Supply Chains: June 20, 2024 10:00 AM Eastern Daylight Time OAKLAND, Calif.–(BUSINESS WIRE)–Molten Industries (“Molten”), a fast-growing American start-up that converts natural gas into clean graphite and hydrogen, has announced the successful close of a 25 million dollar Series A […]

Green Plains Announces Updates on ‘Advantage Nebraska’ Carbon Capture Project: Compression Equipment Ordered for Three Nebraska Facilities June 18, 2024 08:00 AM Eastern Daylight Time OMAHA, Neb.–(BUSINESS WIRE)–Green Plains Inc. (NASDAQ:GPRE) today announced that the construction management agreements have been executed and the major equipment necessary to capture the carbon from its Nebraska facilities has […]

Indigo Ag’s Carbon Program to deliver record carbon credits to Microsoft: Microsoft purchased 40,000 carbon credits verified and issued in accordance with requirements of the Climate Action Reserve’s Soil Enrichment Protocol Largest ever single delivery of credits from Indigo Ag to an individual buyer BOSTON, June 20, 2024 /PRNewswire/ — Indigo Ag today announced that Microsoft […]

DOE Announces $900 Million to Accelerate the Deployment of Next-Generation Light-Water Small Modular Reactors JUNE 17, 2024 By Energy.gov Anticipated Funding Aims to Promote Advanced Reactor Orderbook and Prepare Domestic Nuclear Industry for Deployments As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) issued a Notice of Intent (NOI) to […]

Frontier buyers sign $48.6M in offtake agreements with Stockholm Exergi, in first large European dealJune 18, 2024 This deal supports the first commercial-scale carbon removal retrofit on a biomass-fueled district heating facility. Exergi’s CDR retrofit will remove 800,000 tons of CO₂ per year starting in 2028, with a meaningful proportion of the first three years’ […]

Carbonfuture and Swiss Re Enter into Landmark Multi-Year Agreement for Carbon Removal with Exomad Green as Key Supply PartnerBy Carbonfuture June 13, 2024 ‍Key Takeaways: ‍‍Carbonfuture has signed a groundbreaking 7-year contract with Swiss Re to supply a minimum of 70,000 tonnes of biochar carbon removal (BCR) credits. This partnership gives Swiss Re access to multiple high-quality […]