Industry News

Oklo and Switch Form Landmark Strategic Relationship to Deploy 12 Gigawatts of Advanced Nuclear Power, One of the Largest Corporate Clean Power Agreements Ever Signed Oklo and Switch have signed one of the largest corporate power agreements in history, a 12-gigawatts non-binding Master Power Agreement. This milestone agreement demonstrates a shared commitment to advancing sustainable […]

rPlus Energies Announces Two Major Financing Milestones: Latest financing for rPlus Energies pushes annual total to nearly $2 billion across multiple transactions December 18, 2024 09:00 AM Eastern Standard Time SALT LAKE CITY–(BUSINESS WIRE)–rPlus Energies today announced the successful closing of $304 million in new financing facilities, including a $179 million construction debt facility for […]

ZENRG Services, Inc. Secures Series A Funding to Accelerate Growth and Reduce Emissions for the Energy Industry: HOUSTON, Dec. 18, 2024 (GLOBE NEWSWIRE) — ZENRG Services Inc., a leading provider of emission reduction services for energy industry operations, has secured Series A funding to accelerate its market expansion and product innovation. The investment, led by EIC Rose […]

X-energy Selects Geiger Brothers for $40.8 Million Site Development Phase of TRISO-X Fuel Fabrication Plant in Oak Ridge, Tennessee: December 18, 2024 11:50 AM Eastern Standard Time OAK RIDGE, Tenn.–(BUSINESS WIRE)–X-energy Reactor Company, LLC (“X-energy” or the “Company”), and its wholly-owned subsidiary, TRISO-X LLC (“TRISO-X”), today announced the selection of Geiger Brothers, Inc. to develop […]

SWEPCO Expands Generation Capacity with New Power PlantsNews provided by American Electric Power Dec 18, 2024, 10:16 ET SHREVEPORT, La., Dec. 18, 2024 /PRNewswire/ — Southwestern Electric Power Co. (SWEPCO), a subsidiary of American Electric Power (Nasdaq: AEP), is excited to announce the ongoing development of several new generation projects, pending regulatory approval. These initiatives are […]

MHI Hydrogen Infrastructure Formalizes Agreement with Pacific Northwest Hydrogen Association to Further Advance the Region’s Clean Energy and Economic Objectives: Mitsubishi Power Americas, through its subsidiary MHI Hydrogen Infrastructure, is set to provide industry-leading hydrogen technology and expertise as part of the development of the Pacific Northwest Hydrogen Hub (PNWH2 Hub). The PNWH2 Hub will […]

Deep Sky Secures $40M Grant from Breakthrough Energy Catalyst to Scale Direct Air Capture: The grant represents Catalyst’s first-ever support of both a Canadian and Direct Air Capture (DAC) project MONTRÉAL, Dec. 18, 2024 /PRNewswire/ — Deep Sky, the Quebec-based carbon removal project developer, today announced that it has secured a USD $40 million grant […]

Riley Permian Announces Credit Facility Extension and Increase in Borrowing Base: OKLAHOMA CITY, Dec. 18, 2024 /PRNewswire/ — Riley Exploration Permian, Inc. (NYSE American: REPX) (“Riley Permian” or the “Company”) today announced that it recently completed an amendment to its senior secured revolving credit facility (“Credit Facility”). Credit Facility Amendment Highlights: Extended the facility maturity from […]

Origis Energy and MUFG Bring Renewable Energy Project Financing to Over $1 Billion in Last 12 Months: The new financing round supports 350 MWac of solar capacity and 50 MW of energy storage American grid infrastructure MIAMI, Dec. 18, 2024 /PRNewswire/ — Origis Energy, one of America’s leading renewable energy and decarbonization solution platforms, today […]

Rice partners with Greentown Labs to accelerate innovation in Houston’s Ion District: HOUSTON, Dec. 18, 2024 /PRNewswire/ — Rice University is partnering with key stakeholders to bolster Houston’s role as a leader in innovation and entrepreneurship, with a focus on addressing the dual challenge of an energy-abundant and low-carbon future. The university is joining a […]