Industry News

U.S. Department of Energy Invests $44 Million to Provide Technical Assistance in Geologic Basins Targeted for Carbon StorageAugust 8, 2024 Partnerships Will Help Leverage Decades of Experience to Establish an Equitable and Environmentally Responsible Technical Assistance Program WASHINGTON, D.C. — The U.S. Department of Energy’s (DOE’s) Office of Fossil Energy and Carbon Management (FECM) today […]

U.S. Department of Energy Announces $52.5 Million to Catalyze Commercial Carbon Dioxide Removal Technology August 9, 2024 Funding from President Biden’s Investing in America agenda will drive technology innovation and commercialization to reach net-zero greenhouse gas emissions WASHINGTON, D.C. – The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today […]

Heimdal Celebrates Launch of Bantam, America’s Largest Operational Direct Air Capture Facility: OKLAHOMA CARBON HUB, Okla., Aug. 13, 2024 /PRNewswire/ — Heimdal Inc, a pioneer in direct air capture (DAC) carbon dioxide removal technology, today celebrates the launch in Oklahoma of Bantam, its debut DAC facility. With a nameplate capacity of more than 5,000 tons […]

Oklo Establishes Preferred Supplier Agreement for Steam Turbine Generator Products and Services: August 13, 2024 07:56 AM Eastern Daylight Time SANTA CLARA, Calif.–(BUSINESS WIRE)–Oklo Inc. (NYSE: OKLO) (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, today announced a key strategic development in its supply chain management by signing a Preferred Supplier […]

LS Power Launches Lightning Power, Leading U.S. Northeast Natural Gas Generation Independent Power Producer: NEW YORK, Aug. 13, 2024 /PRNewswire/ — LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector, today announced the formation of Lightning Power (“Lightning” or “the Company”), a leading independent power […]

Sage Geosystems Inc. Partners with San Miguel Electric Cooperative, Inc. to Build First Geopressured Geothermal System: Project Will Be the First to Supply Geothermal Energy Storage to the ERCOT Grid August 13, 2024 09:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Sage Geosystems Inc. (Sage), a geothermal baseload and energy storage company, announced today the location of […]

Aramco plans $100m funding for KAUST to support cutting-edge R&DAugust 12, 2024 Collaboration to focus on developing commercially-viable solutions to support energy transition and sustainability goals Projects aim to accelerate innovation in Saudi Arabia and address some of the most pressing global and local challenges Aramco, one of the world’s leading integrated energy and chemical […]

NextPower V ESG Enters Agreement To Acquire 248MW Spanish Solar PV PortfolioNextEnergy Capital is pleased to announce that its latest international OECD Fund, NextPower V ESG has entered into a binding agreement to acquire a 248MW portfolio of 12 solar PV projects in North-Eastern Spain. This 248MW solar portfolio marks the fourth investment that the […]

ArtIn Energy Secures Monumental $25.4 Billion Green Hydrogen Contract To Reduce 25.5 Million Tons in CO2 Emissions: NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) — ArtIn Energy announced the signing of a historic contract to construct 876 megawatts of green hydrogen production facilities, with a contract value of $25.4 billion USD. This monumental project marks […]

QANTAS INVESTS IN NEW NATURE-BASED CARBON CREDIT FUND Published on 12th August 2024 at 9:02 Qantas has joined Rio Tinto and BHP as foundational investors in a new fund that will develop high-integrity, nature-based carbon projects in Australia. Managed by Silva Capital – a joint venture between investment managers Roc Partners and C6 Investment Management […]