Monthly Archives September 2024

Phlair’s carbon-sucking technology could lower direct air capture’s costs – TechCrunch Tim De Chant 3:00 AM PDT • September 19, 2024 When it comes to climate change, there’s no such thing as a “get out of jail free” card. But there might be an inexpensive alternative: direct air capture. The technology isn’t exactly an exoneration, […]

Xcel Energy Drives Forward Clean Energy Goals: Amid national focus on climate and clean energy, company forges ahead with sustainability efforts September 23, 2024 02:28 PM Eastern Daylight Time MINNEAPOLIS–(BUSINESS WIRE)–Xcel Energy continues to forge ahead in its goals to reduce emissions, embrace clean energy and fuel electric vehicles as the nation celebrates major advances […]

Li Industries, Inc. Selected for $55 Million Award as Part of Department of Energy Bipartisan Infrastructure Law (BIL) Effort to Advance Closed-Loop Lithium Iron Phosphate Recycling and Manufacturing: CHARLOTTE, N.C., Sept. 23, 2024 /PRNewswire/ — Li Industries, Inc., a leader in sustainable battery recycling, is proud to announce it has been selected for a $55 […]

Air France-KLM ramps up its SAF offtake agreement with TotalEnergies, which will supply up to 1.5 million tons of more sustainable aviation fuel over a 10-year period Download the Press Release (PDF) Paris, September 23, 2024 –TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more […]

David Energy Raises $23 Million to Run the Grid 24/7/365 on Clean Energy: Led by Cathay Innovation, the round will provide capital to expand its commercial and residential businesses across the Northeast and Texas NEW YORK, Sept. 23, 2024 /PRNewswire/ — David Energy, a trailblazing gridtech company, announced today that it has secured $23 million […]

Schneider Electric & Kimberly-Clark Announce Tax Credit Transfer (“TCT”) Agreements to Advance Grid Resiliency: New TCT agreements contribute to supporting America’s clean energy transition through tax credit transferability under the Inflation Reduction Act (IRA). Projects are helping to pave the way for additional investments from the voluntary market to support developers fostering renewable energy projects. […]

Frontier buyers sign world’s first river liming carbon removal deal with CarbonRunSeptember 23, 2024 Frontier buyers will pay CarbonRun $25.4 million to remove 55,442 tons of CO₂ between 2025 and 2029.River liming brings significant co-benefits and can reach <$100/ton without new technical breakthroughs. Frontier has facilitated offtake agreements with CarbonRun, a Canadian company using a […]

Amogy Sails World’s First Carbon-Free Ammonia Powered Maritime Vessel: September 23, 2024 10:37 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, today announced that the world’s first carbon-free, ammonia-powered maritime vessel successfully completed its maiden voyage. The NH3 Kraken, a tugboat originally constructed in 1957 and retrofitted […]

Minnesota Power plans two large solar projects in northern Minnesota as part of its EnergyForward strategy for carbon-free energy: September 23, 2024 11:02 AM Eastern Daylight Time DULUTH, Minn.–(BUSINESS WIRE)–Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE), announced today it plans to build two large solar projects in northern Minnesota as part of […]

Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA: September 23, 2024 07:00 ET| Source: Brookfield Asset Management Ltd Additional capital raised from CDPQ, GIC, Prudential and Temasek, among othersTargeting up to $5 billion, anchored by $1 billion catalytic capital investment by ALTÉRRABROOKFIELD, NEWS, Sept. 23, 2024 (GLOBE NEWSWIRE) — Brookfield […]