Volvo Cars initiates process to take full ownership of NOVO Energy
Volvo Cars initiates process to take full ownership of NOVO Energy Oct 30, 2024 Volvo Cars has today notified its counterpart in the NOVO Energy joint venture, Northvolt AB, that Volvo Cars will invoke its redemption rights to acquire Northvolt’s shares in NOVO Energy. This action follows a breach of the parties’ shareholders’ agreement where […]
Avangrid Secures Two Lease Areas in Gulf of Maine Floating Wind Auction
Avangrid Secures Two Lease Areas in Gulf of Maine Floating Wind Auction 10/29/2024 Avangrid adds to Iberdrola Group floating wind portfolio, secures Lease Areas OCS-A 0564 and OCS-A 0568 with the potential to deliver approximately 3 Gigawatts of clean energy to New England region Boston, MA – October 29, 2024 – Avangrid, Inc. (NYSE: AGR), […]
Cox Enterprises Backs Socium Ventures with a Second $300 Million Fund
Cox Enterprises Backs Socium Ventures with a Second $300 Million Fund, Reinforcing Commitment to Fostering Innovation10.25.24 ATLANTA, Oct. 24, 2024 — Socium Ventures is a venture and growth investment firm focused on investing in durable and compounding companies. Today, Cox Enterprises announced the second fund for Socium Ventures, a $300 million investment, bringing the total […]
LuxWall Raises $51 Million Funding to Accelerate Decarbonization of Buildings
October 31, 2024 LuxWall Raises $51 Million Funding to Accelerate Decarbonization of BuildingsFor Immediate Release, October 31, 2024, Ypsilanti, Michigan, USA – LuxWall, a leader in glass-based transparent insulation solutions to reduce energy consumption and carbon emissions from buildings, has closed a US $51 million Series B funding round led by Climate Investment and Barclays […]
Aviva Investors launches Carbon Removal Fund
Aviva Investors launches Carbon Removal Fund 29 October 2024 (London) – Aviva Investors announces it has launched an innovative Carbon Removal Fund which will provide institutional investors – including corporates, pension funds, insurers and local government pension schemes – with access to carbon removal solutions which aim to deliver investment returns, whilst also supporting their […]
Carbon Clean announces fully columnless carbon capture, with launch of CycloneCC C1 series
Carbon Clean announces fully columnless carbon capture, with launch of CycloneCC C1 series 29 October 2024 The CycloneCC C1 series is available in concentrations ranging from 3% to 20%, capturing up to 100,000 tonnes of CO2 per year. Rotating Packed Bed (RPB) technology replaces every column used in conventional carbon capture plants, delivering a height […]
Linde Selected by NEXTCHEM to Supply New Carbon Capture Technology to ADNOC’S Hail and Ghasha Project
Linde Selected by NEXTCHEM to Supply New Carbon Capture Technology to ADNOC’S Hail and Ghasha ProjectPullach, October 29, 2024 – Linde Engineering has signed an agreement with NEXTCHEM to provide carbon capture technology to Abu Dhabi National Oil Company’s (ADNOC) Hail and Ghasha project. Located in the United Arab Emirates (UAE), the project is one […]
DOE announces nearly $45 million to slash EV battery recycling costs
Biden-Harris Administration Announces Nearly $45 Million to Slash Electric Vehicle Battery Recycling Costs: Funding From the Investing in America Agenda Will Help Meet Demand for Critical Materials and Support a More Circular Domestic Battery Supply Chain WASHINGTON D.C. – As part of the Biden-Harris Administration’s historic Investing in America agenda, the U.S. Department of Energy […]
Commonwealth LNG and Kimmeridge Texas Gas Commit to Natural Gas Certification Under MiQ Standards
Commonwealth LNG and Kimmeridge Texas Gas Commit to Natural Gas Certification Under MiQ Standards: Certified Emissions Data will Provide a Baseline to Inform the Pioneering Delivery of “Wellhead-To-Water” Net Zero LNG HOUSTON and NEW YORK, Nov. 1, 2024 /PRNewswire/ — Kimmeridge-backed Commonwealth LNG (“Commonwealth”) and Kimmeridge Texas Gas (“KTG”) today announced a commitment to obtain independent certification of their natural gas operations under the protocols developed […]
Lummus and Advanced Ionics Establish Partnership for Green Hydrogen
Lummus and Advanced Ionics Establish Partnership for Green Hydrogen: This partnership includes an investment from Lummus Venture Capital to accelerate the commercialization of Advanced Ionics’ hydrogen electrolyzer technology and support the decarbonization efforts in the refining, gas processing and petrochemical industries. Lummus will also provide engineering services and supply proprietary equipment to create additional green […]