Industry News

Eversource Energy Announces Execution of Definitive Agreement with Ørsted to Sell Sunrise Wind: April 19, 2024 07:48 AM Eastern Daylight Time BOSTON & HARTFORD, Conn.–(BUSINESS WIRE)–Eversource Energy (NYSE: ES) (“Eversource”) today announced it has finalized definitive documents regarding its previously announced agreement to sell its 50 percent ownership stake in the 924-megawatt Sunrise Wind project […]

Renewable Fuels Project in Canada Begins Production April 19, 2024 01:25 PM Eastern Daylight Time IRVING, Texas–(BUSINESS WIRE)–A Fluor Corporation (NYSE: FLR) project reached a major milestone recently with the production startup of the Braya Renewable Fuels facility in Come by Chance, Newfoundland and Labrador, Canada. Fluor provided engineering and procurement (EP) services to convert […]

CO280 and Aker Carbon Capture collaborate with Microsoft to scale-up permanent, affordable carbon removal in US and Canada: New collaboration aims to scale the full value chain of carbon removal by capturing and permanently sequestering biogenic CO2 at pulp and paper mills. CO280 and Aker Carbon Capture’s collaboration with Microsoft will supply the market with […]

Drax announces carbon removals deal with C-Zero: The agreement – the latest indicator of growing demand for BECCS-derived carbon credits – converts an existing memorandum of understanding (MoU) into a firm offtake deal HOUSTON, April 18, 2024 /PRNewswire/ — Carbon removals and renewable energy company Drax Group today announced a carbon removals deal with C-Zero Markets […]

Scout Clean Energy Announces 12-Year Virtual Power Purchase Agreement with Zoetis Inc.: BOULDER, Colo., April 18, 2024 /PRNewswire/ — Scout Clean Energy (Scout), a Colorado-based renewable energy developer-owner-operator, is pleased to announce they have signed a Virtual Power Purchase Agreement (VPPA) with Zoetis Inc. for a 50-megawatt (MW) portion of Scout’s operating Heart of Texas […]

USLNG Greenhouse Gas Emissions Intensity for Power Generation Significantly Lower than Other Leading Fuels, New BRG Report Shows: WASHINGTON, April 17, 2024 /PRNewswire/ — Amid mounting energy security challenges and decarbonization efforts, a new report from BRG’s Energy & Climate team finds that U.S. liquified natural gas (USLNG) has the lowest greenhouse gas (GHG) emissions intensity […]

Found Energy Closes $12M Seed Round to Decarbonize Heavy Industry with Aluminum-Powered Energy SystemsBOSTON, Mass., — Found Energy, a cleantech startup building industrial decarbonization solutions that harness the embodied energy of aluminum, has announced an oversubscribed Seed Round of $12M. The round included investments from KOMPAS VC, Munich Re Ventures, Good Growth Capital, the Autodesk […]

Lummus Expands R&D Capabilities to Enhance Innovation and Water and Wastewater Technologies: “When we added Zimpro to our portfolio last year, we expanded our offering for sustainable and integrated solutions that support our customer’s waste reduction and energy efficiency goals,” said Ujjal Mukherjee, Chief Technology Officer, Lummus Technology. “By opening the Green Circle Labs we […]

Chestnut Carbon Completes Sale of First IFM Carbon Removal Credits at $34 per Credit: Apr 17, 2024, 08:00 ET NEW YORK, April 17, 2024 /PRNewswire/ — Chestnut Carbon (“Chestnut“), a leading developer of nature-based carbon removal solutions, today announced the sale of its first Improved Forest Management (IFM) carbon removal credits to a large corporate buyer […]

CF Industries and JERA Announce Joint Development Agreement to Develop Greenfield Low-Carbon Ammonia Production Capacity in the United States April 17, 2024 09:00 PM Eastern Daylight Time NORTHBROOK, Ill.–(BUSINESS WIRE)–CF Industries Holdings, Inc. (NYSE: CF), the world’s largest producer of ammonia, and JERA Co., Inc. (JERA), Japan’s largest energy company, today announced that they have […]