Industry News

Aker Carbon Capture awarded pre-FEED from Statkraft in Norway: OSLO, Norway, April 1, 2024 /PRNewswire/ — Aker Carbon Capture has been awarded a pre-FEED for Statkraft’s Heimdal waste-to-energy plant for capturing 220.000 tonnes of CO2 per year. By capturing and permanently storing these emissions, it is possible to reduce up to 25% of Trondheim municipality’s […]

Citi, JPMorgan First Adopters of Energy Finance Ratio: Citigroup Inc. has joined JPMorgan Chase & Co. in agreeing to disclose to investors their clean energy financing ratios, or the proportions of their low-carbon to fossil-fuel financing activity. The post Citi, JPMorgan First Adopters of Energy Finance Ratio appeared first on BloombergNEF.

United Airlines Is Betting Big on a Pricey Green Aviation Fuel: Green jet fuel, also known as sustainable aviation fuel or SAF, is priced two or three times higher than conventional fuel. The post United Airlines Is Betting Big on a Pricey Green Aviation Fuel appeared first on BloombergNEF.

Why the renewables market does not work: In a provocative new book, British academic Brett Christophers argues that free enterprise cannot deliver renewables at the rapid pace required to tackle climate change. Read more on Financial Times…

SOUTHWEST AIRLINES ACQUIRES SAFFiRE RENEWABLES AND STRENGTHENS FOCUS ON SUSTAINABILITY: DALLAS, March 28, 2024 /PRNewswire/ — Southwest Airlines Co. (NYSE: LUV) announces the acquisition of SAFFiRE Renewables, LLC (SAFFiRE) as part of the investment portfolio of its wholly owned subsidiary Southwest Airlines Renewable Ventures, LLC (SARV). SARV is dedicated to creating more opportunities for Southwest® […]

Leeward Renewable Energy Signs Power Purchase Agreement with Microsoft for Morrow Lake Solar and Cradle Solar Facilities: March 27, 2024 09:00 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. (“Microsoft”). […]

Aker Carbon Capture announces agreement to form Joint Venture with SLB: OSLO, Norway, March 27, 2024 /PRNewswire/ — Aker Horizons ASA’s (OSE: “AKH”) portfolio company Aker Carbon Capture ASA (“ACC” and “the Company”), together with SLB, announced today an agreement to combine their respective carbon capture businesses to support accelerated industrial decarbonization at scale. The […]

S2G Ventures Announces Bala Nagarajan as Managing Director of Energy Investment Team: New appointment will broaden the team’s ability to accelerate the energy transition and advance economy-wide decarbonization CHICAGO, March 27, 2024 /PRNewswire/ — S2G Ventures (“S2G”), a multi-stage investment firm focused on venture and growth-stage businesses, today announced Bala Nagarajan as managing director of its […]

Lack of Capital Isn’t the Problem in Meeting Net-Zero Bill: Climate change won’t be a cheap problem to solve, with the race to net-zero emissions needing $4.8 trillion to be spent every year between now and 2030 on clean energy technologies. The post Lack of Capital Isn’t the Problem in Meeting Net-Zero Bill appeared first […]

Tenaska, a private U.S. energy company with over 35 years of experience, announced the Longleaf CCS Hub, a carbon capture and storage (CCS) project planned for Mobile County, Alabama. The project aims to help industries in South Alabama comply with emissions regulations and climate mandates, fostering economic growth and employment opportunities in the region. The […]