Monthly Archives September 2024

Air Force Awards Contract to Sage Geosystems for the Development of New Clean Power Plant: Geopressured Geothermal Systems have potential to usher in a new era of clean power production needed to establish energy resilience at installations September 24, 2024 09:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–The Department of the Air Force (DAF) awarded its […]

Sage Geosystems, Inc. and California Resources Corporation Announce Strategic Partnership for Subsurface Energy Storage and Geothermal Power Generation in California: September 24, 2024 05:57 PM Eastern Daylight Time LONG BEACH, Calif. & HOUSTON–(BUSINESS WIRE)–Sage Geosystems, Inc. (Sage) and California Resources Corporation (NYSE: CRC) today announced the signing of a Memorandum of Understanding (MOU) to establish […]

Dandelion Energy Closes $40M Series C Funding Round to Expand Geothermal Offerings Nationwide: The new funding will accelerate Dandelion’s nationwide expansion of both its revolutionary heat pump technology and its turnkey service to the nation’s largest multifamily developers and home builders ARLINGTON, Va., Sept. 24, 2024 /PRNewswire/ — Dandelion Energy, the nation’s leading home geothermal company, […]

Biden-Harris Administration Announces Over $3 Billion to Support America’s Battery Manufacturing Sector, Create Over 12,000 Jobs, and Enhance National Security September 20, 2024 Energy.gov Investing in America Agenda Will Generate $16 Billion in Total Investment to Onshore Critical Materials Like Lithium, Support Good-Paying Union Jobs Across the Battery Sector, and Enhance the Nation’s Economic Competitiveness […]

Masdar to Acquire Saeta from Brookfield for $1.4 Billion News provided by Masdar Sep 24, 2024, 07:35 ET As an established renewables platform equipped with end-to-end capabilities and strong growth opportunities, Saeta strengthens Masdar’s footprint in the Iberian Peninsula Successful execution of Brookfield’s business plan resulted in significant value creation and growth of Saeta The transaction […]

UNDO Signs Follow-On Enhanced Rock Weathering Carbon Removal Deal with MicrosoftTeam UNDO 24 September 2024 UNDO has signed a follow-on deal with Microsoft. The award will permanently remove 15,000 tonnes of carbon dioxide from the atmosphere and fund crucial scientific research in the enhanced rock weathering (ERW) field. It will also contribute to Microsoft’s commitment […]

CDPQ acquires 25% of UK’s First Hydro Company from Brookfield: Investment in a critical national infrastructure providing 76% of the United Kingdom’s total pumped hydro storage capacity MONTRÉAL and LONDON, Sept. 24, 2024 /PRNewswire/ – CDPQ, a global investment group, today announced it has entered into an agreement with Brookfield Asset Management (NYSE: BAM) (TSX: BAM) and […]

Diamondback Energy, Kinetik Holdings and EPIC Midstream Announce Transformative Transactions for EPIC Crude: Existing Partners increase ownership and commitments to further strengthen EPIC Crude’s financial profile and growth prospects September 24, 2024 07:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik”) and EPIC Midstream Holdings LP […]

Pangaea Ventures Celebrates Final Close of Fifth Fund at $85M Pangaea NewsSep. 23 Surging interest in hard tech investment continues to drive impact Pangaea Ventures, a pioneering venture capital firm dedicated to catalyzing hard tech solutions for a sustainable future, is thrilled to announce the successful final close of the Pangaea Ventures Impact Fund, securing […]

BRITISH AIRWAYS TO BECOME THE LARGEST PURCHASER OF CARBON REMOVALS IN THE UK* AS PART OF 2030 ENVIRONMENTAL DRIVE 23 Sep 2024 British Airways announces new carbon removals partnerships to become the largest carbon removals purchaser in the UK and the largest airline purchaser of carbon removals*The carbon removal credits purchased by British Airways through […]