Industry News

H&M Group signs virtual power purchase agreement with Lightsource bp – enabling the construction of new, renewable energy infrastructure in Texas 31 October, 2024 For several years, H&M Group has been exploring ways to contribute to adding more renewable electricity into the world’s power grids. For example, in the form of Power Purchase Agreements (PPAs) […]

University of Oklahoma to Lead Oklahoma Carbon Hub The $18.7M project, funded by the U.S. Department of Energy, will research potential carbon storage sites. Nov. 6, 2024 NORMAN, OKLA. – A team of researchers from across the University of Oklahoma Mewbourne College of Earth and Energy, Los Alamos National Laboratory, with industry partners, have been […]

BETA Technologies raises more than $300M in additional equity capital to fund growth and commercialization: This new investment supports BETA’s continued momentum certifying, producing and deploying all-electric aircraft and infrastructure, serving both commercial and military customers across cargo, logistics, medical, and passenger applicationsEquity financing was led by QIA with significant participation from longtime BETA investors […]

FREYR Battery Announces Transformative Acquisition of Trina Solar’s U.S. Manufacturing Assets, Actions to Strengthen Board of Directors and Management Team 11/06/2024 NEW YORK & OSLO, Norway & NEWNAN, Ga.–(BUSINESS WIRE)– FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”) has announced that the Company has entered into an agreement to acquire the U.S. solar manufacturing assets […]

Artio Secures £550k to Revolutionise Early-Stage Carbon Insurance 5 Nov 2024 London, November 2024: Climate insurtech startup, Artio, has today announced it has raised £550k to pioneer insurance solutions for early-stage carbon removal projects through its proprietary risk modelling platform. With organisations worldwide racing to achieve net-zero targets and address historical emissions, there’s an urgent […]

FREYR Battery Announces Transformative Acquisition of Trina Solar’s U.S. Manufacturing Assets, Actions to Strengthen Board of Directors and Management Team 11/06/2024 NEW YORK & OSLO, Norway & NEWNAN, Ga.–(BUSINESS WIRE)– FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”) has announced that the Company has entered into an agreement to acquire the U.S. solar manufacturing assets […]

New Joint Venture Announced by GLJ and Energy Fuse to Lead U.S. Carbon Sequestration and Enhanced Oil Recovery ProjectsNovember 05, 2024 08:00 AM Eastern Standard Time CALGARY, Alberta & HOUSTON–(BUSINESS WIRE)–GLJ Ltd. (“GLJ”) and Energy Fuse Group LLC (“Energy Fuse”) are pleased to announce the formation of a joint venture aimed at project implementation with […]

Carbon TerraVault Provides Third Quarter 2024 UpdateNovember 05, 2024 16:30 ET| Source: Carbon TerraVault, LLC Received Kern County Board of Supervisors’ Conditional Use Permits Approval for CTV I CCS projectSigned a Brownfield MOU for up to ~1.5 MMTPA of CO2 Emissions LONG BEACH, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) — Carbon TerraVault Holdings, LLC (CTV), […]

Sumitomo SHI FW and Capsol Technologies demonstrate potential to capture up to 400,000 tons of CO2 at Mälarenergi’s bio-CHP plant in Sweden November 6, 2024 Sumitomo SHI FW (SFW) and Capsol Technologies ASA (Capsol) announce a carbon capture demonstration campaign at Swedish Mälarenergi’s combined heat and power (bio-CHP) plant in Västerås, Sweden. The demonstration unit […]

Japan Airlines’ and Sumitomo Corporation’s Joint Venture Company, Soracle, Announces Agreement Including Intended Purchase Of Up To $500M of Electric Aircraft From ArcherNovember 07, 2024 08:00 AM Eastern Standard Time SANTA CLARA, Calif.–(BUSINESS WIRE)–Archer Aviation Inc. (NYSE: ACHR) and Soracle Corporation (Soracle), a joint venture newly established by Japan Airlines and Sumitomo Corporation, signed agreements […]