Industry News

SunPower Announces Stalking Horse Asset Purchase Agreement with Complete Solaria to Sell Blue Raven Solar, New Homes, and its Non-Installing Dealer Network: Files voluntary Chapter 11 petitions to effectuate the proposed transaction Intends to operate Blue Raven Solar and New Homes through the Chapter 11 process Pursues value-maximizing sale transactions for remaining assets RICHMOND, Calif., […]

Quinbrook Exceeds Target for Net Zero Power Strategy Raising USD 3 Billion in Capital Commitments: Latest fund closing is the third for Quinbrook this past year taking total capital raised to over USD 4.3 billion in aggregate August 01, 2024 09:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Quinbrook Infrastructure Partners (“Quinbrook”), a specialist global investment […]

Applied Carbon Raises $21.5 Million to Deploy Groundbreaking Biochar Technology that Increases Soil Health and Sequesters Carbon: Company also Named as XPRIZE Carbon Removal Finalist and DOE CO2 Removal Purchase Pilot Prize SemifinalistHOUSTON, July 31, 2024 /PRNewswire/ — Applied Carbon, a technology company designing automated biochar production machines that convert in-field agricultural crop waste into […]

JetBlue Announces First Regular Supply of Blended Sustainable Aviation Fuel (SAF) for Commercial Air Travel in New York: JetBlue signs supply agreement for Blended Sustainable Aviation Fuel (SAF) to supply John F. Kennedy International Airport (JFK) to begin as early as fourth quarter 2024JetBlue invites other New York businesses to help scale the SAF market […]

Tokyo Gas Makes First Investment in Overseas Floating Wind Project: Source: https://www.offshorewind.biz/ August 6, 2024 Tokyo Gas has acquired a 21.2 per cent stake in WindFloat Atlantic, the 25.2 MW floating offshore wind farm in Portugal. WindFloat Atlantic, operated by Windplus, a majority-owned subsidiary of Ocean Winds, has been operational since 2020. According to the Japanese […]

esVolta Secures $258 Million Credit Facilities for ERCOT Storage Portfolio: NEWPORT BEACH, Calif., July 30, 2024 /PRNewswire/ — esVolta, LP announced completion of $258 million senior secured credit facilities for a 980 MWh portfolio of standalone battery energy storage projects. The credit facilities consist of construction plus tax equity bridge financing, letters of credit, and a long-term […]

Fusion startup Zap Energy is raising more cash to develop commercially viable power: Fusion company Zap Energy is raising a huge new investment — nearly $130 million — according to an SEC filing posted Wednesday. The company declined to comment. Everett, Wash.-based Zap is racing to generate power by smashing together light atoms that release […]

Climate Impact Partners launches program to rapidly scale novel carbon removal technologies: New program enables companies to advance the carbon removals sector, scaling cutting edge carbon dioxide removal (CDR) solutions to meet global climate targets. LONDON, Aug. 6, 2024 /PRNewswire/ — Climate Impact Partners, experts in the voluntary carbon market for more than 25 years, […]

MHI America Acquires Three Utility-Scale Solar Power Projects in Pennsylvania, Advancing the Company’s Energy Transition Strategy Mitsubishi Heavy Industries America acquired a portfolio of 3 utility-scale solar power projects in Pennsylvania through Oriden The portfolio consists of three solar photovoltaic (PV) projects, all expected to go live in the fall of 2024, with the ability […]

Emera Announces Sale of New Mexico Gas Company to Bernhard Capital Partners: News provided by Bernhard Capital Partners Management, LP Aug 05, 2024, 17:10 ETHALIFAX, NS and BATON ROUGE, La. and ALBUQUERQUE, N.M., Aug. 5, 2024 /PRNewswire/ — Emera Inc. (“Emera”) (TSX:EMA), an international energy and services company, today announced it has entered into an […]