Industry News

Heirloom to Build Two Direct Air Capture Facilities in Northwest Louisiana: The combined facilities will be capable of removing nearly 320,000 tonnes of carbon dioxide per year & will create at least 1,000 jobs in Northwest Louisiana A rendering of one of Heirloom’s DAC facilities to be built in Northwest Louisiana, near Shreveport. This first […]

Enerflex and BASF to collaborate in carbon capture, utilization and storage applications: BASF’s OASE® blue technology contributes to sustainability for post-combustion CO2 capture Enerflex brings expertise in engineering, manufacturing, and integration of gas processing and compression systems Enerflex and BASF to further reduce greenhouse gas emissions for their client partners Calgary, Alberta, June 20, 2024 […]

Enbridge, First Nations and Métis partners to advance 200-megawatt wind energy project in Saskatchewan: REGINA, SK, June 24, 2024 /PRNewswire/ – Today, Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) and Six Nations Energy Development LP (Six Nations) – a newly-created consortium of Cowessess First Nation, George Gordon First Nation, Kahkewistahaw First Nation, […]

bp to acquire full ownership of bp Bunge Bioenergia while refocusing plans for new biofuels projects: 6/20/2024 12:00:00 PM bp agrees to take full ownership of its Brazilian biofuels joint venture, acquiring Bunge’s 50% interest. High-returning transaction will allow bp to realize synergies and continue to grow the business. In parallel, scaling back plans for […]

Nextracker Acquires Ojjo to Expand Utility-Scale Solar Tracker Foundations Business: June 20, 2024 09:55 AM Eastern Daylight Time FREMONT, Calif.–(BUSINESS WIRE)–Nextracker (NASDAQ: NXT), a global provider of intelligent solar tracker and software solutions, today announced it has acquired Ojjo in an all-cash transaction for approximately $119 million. The purchase price is subject to working capital […]

Innergex Announces the Sale of Minority Interests in its Renewable Energy Portfolio in TexasNEWS PROVIDED BY Innergex Renewable Energy Inc. Jun 20, 2024, 11:15 ET US$188 million (CAN$257 million) investment by Irradiant, including customary working capital adjustments De-risks Innergex’s Texas assets and enhances the quality of its portfolio Strengthens and de-leverages Innergex’s balance sheet Innergex to […]

Salesforce Accelerates Energy Transition with New Climate Investments: Salesforce today announced three major climate investments to accelerate a just energy transition. The company has joined Frontier, an advance market commitment (AMC) to collectively buy more than $1 billion of permanent carbon removal by 2030. Through this membership, Salesforce will commit $25 million to accelerate, scale, […]

M2X Energy Announces $40 Million Series B Financing to Accelerate Commercial Operations: Commercial Low-Carbon Methanol Available in Early 2025 June 20, 2024 08:00 AM Eastern Daylight Time ROCKLEDGE, Fla.–(BUSINESS WIRE)–M2X Energy Inc. (“M2X” or “the Company”), an end-to-end developer of modular, transportable gas-to-liquids systems that economically produce low-carbon methanol from stranded methane, announced today a […]

Molten Industries Raises $25M Series A to Produce Clean Graphite and Hydrogen and Onshore Battery Supply Chains: June 20, 2024 10:00 AM Eastern Daylight Time OAKLAND, Calif.–(BUSINESS WIRE)–Molten Industries (“Molten”), a fast-growing American start-up that converts natural gas into clean graphite and hydrogen, has announced the successful close of a 25 million dollar Series A […]

Green Plains Announces Updates on ‘Advantage Nebraska’ Carbon Capture Project: Compression Equipment Ordered for Three Nebraska Facilities June 18, 2024 08:00 AM Eastern Daylight Time OMAHA, Neb.–(BUSINESS WIRE)–Green Plains Inc. (NASDAQ:GPRE) today announced that the construction management agreements have been executed and the major equipment necessary to capture the carbon from its Nebraska facilities has […]