Industry News

Southwest Airlines Signs Memorandum of Understanding With Archer Aviation to Develop Operational Concepts for Air Taxi Network: July 12, 2024 08:00 AM Eastern Daylight Time DALLAS & SANTA CLARA, Calif.–(BUSINESS WIRE)–Southwest Airlines Co. (NYSE: LUV) and Archer Aviation Inc. (NYSE: ACHR) have signed a memorandum of understanding (MOU) to develop operational plans for electric air […]

44.01 completes $37m Series A investment round$37m fundraise will enable technology development, commercialisation and international expansion 07/15/2024 $37m fundraise will enable technology development, commercialisation and international expansion Investors include climate investment leaders, geological carbon storage experts and technology developers 44.01’s technology already piloted in Oman and the UAE Potential for CO2 mineralisation on every continent […]

XGS Energy Acquires Premier Geothermal Drilling Services Company Capuano Engineering: Acquisition of Capuano Engineering positions XGS Energy to construct power infrastructure projects globally leveraging its proprietary water and geology-independent geothermal technology July 09, 2024 09:00 AM Eastern Daylight Time PALO ALTO, Calif.–(BUSINESS WIRE)–XGS Energy, an innovator in geothermal energy technology and project development, today announced […]

Amazon meets 100% renewable energy goal 7 years early: Source: Amazon All of the electricity consumed by Amazon’s operations, including its data centers, was matched with 100% renewable energy in 2023. In 2019, we set a goal to match all of the electricity consumed across Amazon’s global operations—including our data centers, corporate buildings, grocery stores […]

Construction begins on clean ammonia production facility in UAE, project loan agreement signed – Mitsui: Mitsui & Co., Ltd. (“Mitsui”, Head Office: Tokyo, President and CEO: Kenichi Hori), alongside TA’ZIZ (owned by Abu Dhabi National Oil Company (“ADNOC”)), Fertiglobe, and South Korea’s GS Energy Corporation, has agreed to commence construction of an ammonia production facility […]

Khaled bin Mohamed bin Zayed meets heads of global energy companies and witnesses signing ceremony for international partners joining ADNOC’s Ruwais LNG project Source: ADNOC His Highness emphasised that the UAE continues to make significant strides in addressing energy challenges through investment in clean and lower-carbon intensity projects bp, Mitsui & Co., Shell and TotalEnergies […]

Google and ENGIE sign five new cPPAs – ENGIE: Google and ENGIE have just signed a series of new Corporate Power Purchase Agreements (cPPAs) to provide Google’s digital  infrastructure portfolio in Belgium with more than 118 MW of renewable power. Google aims to achieve net-zero emissions and 24/7 carbon-free energy by 2030.To this end, ENGIE […]

Entropy Inc. Announces Glacier Phase 2 Final Investment Details, First Clean Power Investment, and Corporate Update(TSX: AAV) CALGARY, AB, July 9, 2024 /CNW/ – Entropy Inc. (“Entropy” or the “Corporation”), a subsidiary of Advantage Energy Ltd. (“Advantage”), is pleased to provide a corporate update including the recent final investment decision (“FID”) at Glacier Phase 2 […]

Frontier buyers sign $40M in offtake agreements with 280 EarthJuly 11, 2024 Frontier buyers will pay 280 Earth $40 million to remove 61,571 tons of CO₂ between 2024 and 2030.280 Earth’s approach uses a proprietary ‘continuous capture’ process built largely with commercially available components.The flexible process can be powered by waste heat from data centers, […]

Strathcona Resources Announces up to $2 Billion Carbon Capture Partnership with Canada Growth Fund: CALGARY, AB, July 10, 2024 /PRNewswire/ – Strathcona Resources Ltd. (“Strathcona” or the “Company”) (TSX: SCR) today announced a strategic partnership with Canada Growth Fund (“CGF”), a $15 billion arm’s-length public investment vehicle, for the development of carbon capture and sequestration […]