Industry News

Rio Tinto approves new solar plant to power Kennecott: November 13, 2024 10:02 AM Eastern Standard Time SALT LAKE CITY, Utah–(BUSINESS WIRE)–Rio Tinto has approved construction of a new 25-megawatt solar plant at its Kennecott copper operation in Utah, bringing the mine’s total solar capacity to 30MW. The new solar plant will be located next […]

Deep Sky Announces Founding Buyers: 10,000 Carbon Removal Credits for Royal Bank of Canada and MicrosoftNews provided byDeep Sky Nov 13, 2024, 08:14 ET CDR Project Developer Intends to Remove 10,000 Tonnes of CO2 from the Air via up to 10 Different Technologies at the World’s First CDR Innovation & Commercialization Center MONTRÉAL, Nov. 13, […]

Sympower raises €21.3 million in oversubscribed funding round to broaden services and accelerate European expansionSympower has raised 21.3 million euros from existing and new investors. The oversubscribed Series B1 funding was led by A&G Energy Transition Tech Fund (A&G ETTF) with direct investment from the European Investment Fund (EIF) and participation from existing investors Activate […]

Coterra Announces Accretive Permian Basin Acquisitions: November 13, 2024 07:00 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced it has entered into two separate definitive agreements to acquire certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of $3.95 billion, […]

General Galactic raises $8mm for CO2 to fuel Scalable solution for producing fossil-free hydrocarbon fuel from CO2 emissions has secured new funding from Harpoon Ventures, Refactor Capital and other investors Founded by former SpaceX and Varda Space Industries engineers Halen Mattison and Luke Neise, bringing aerospace industry engineering principles to tackle the climate challenge Already […]

Strata Clean Energy Enters into 20-Year Tolling Agreement with Arizona Public Service for 400 MWh White Tank Energy Storage Project: Continued partnership highlights a commitment to enhance energy solutions in Arizona, adding more energy storage resources amid rising energy demands. November 12, 2024 09:00 AM Eastern Standard Time DURHAM, N.C.–(BUSINESS WIRE)–Strata Clean Energy is excited […]

Helix Earth Secures $5.6 Million in Oversubscribed Seed Funding to Revolutionize Energy Efficiency in Commercial AC Systems: Helix Earth co-founder leverages hardware technology he co-invented at NASA to disrupt commercial air conditioning, industrial filtration, and CO2 capture markets November 12, 2024 08:30 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Helix Earth Technologies, Inc., (Helix Earth), a Houston-based […]

LG Energy Solution to Supply Next-Generation 4695 Cylindrical Batteries to Rivian: Supply agreement will last over five years and total 67GWh. 4695 cells, offering a long range and high safety, will be produced in the U.S. Batteries will power Rivian’s R2 model for the North American market. SEOUL, South Korea, Nov. 7, 2024 /PRNewswire/ — […]

Primergy Announces $225 Million in Corporate and Project Financing for its Valley of Fire Portfolio: November 01, 2024 10:00 AM Eastern Daylight Time OAKLAND, Calif.–(BUSINESS WIRE)–Primergy Solar, LLC (‘Primergy’), a leading developer, owner, and operator of utility-scale solar and energy storage, announced the closing of $225 million in project financing for its Valley of Fire […]

Marine LNG: An Expanding Fleet of Bunker Vessels to Drive the Energy Transition10/25/2024 A new addition to our fleet of liquefied natural gas (LNG) bunker vessels! On October 10, 2024, we announced that we had signed a charter contract with shipowner Ibaizabal for a new LNG bunker vessel of 18,600 m3 capacity. As such, we […]