Monthly Archives November 2024

ADNOC and 44.01 to Scale Up Carbon-to-Rock Project Following Successful PilotPilot of 44.01’s XPRIZE-listed mineralization technology in Fujairah successfully converted 10 tonnes of carbon dioxide into rock within 100 days First phase of scale-up will inject more than 300 tonnes of carbon dioxide, an important step towards carbon mineralization on a commercial scale in the […]

Emeren Group and Arpinge Partner to Develop 300 MW Battery Storage Portfolio in Italy: NORWALK, Conn., Nov. 5, 2024 /PRNewswire/ — Emeren Group Ltd (“Emeren” or the “Company”) (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced a co-development agreement with Arpinge, a permanent capital vehicle focused on sustainable infrastructure […]

SolarEdge Announces First Section 45X Credit Sale: November 05, 2024 07:00 AM Eastern Standard Time MILPITAS, Calif.–(BUSINESS WIRE)–SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced it closed its first transaction for the sale of §45X Advanced Manufacturing Production Tax Credits in consideration for approximately $40 million, net of discounts […]

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 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, 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 […]

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 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 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 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 […]