Industry News

DCD – Equinix signs deal to procure up to 500MW of nuclear power from Oklo SMRs – makes $25m pre-payment: Equinix has signed a pre-agreement with Small Modular Reactor (SMR) firm Oklo to procure up to 500MW of nuclear energy. It is the first SMR deal signed by a colocation data center company. Oklo’s small fast […]

ION Clean Energy Announces $45 Million Investment from Chevron New Energies and Carbon Direct Capital and Leadership Transition: April 04, 2024 11:27 AM Eastern Daylight Time BOULDER, Colo. & HOUSTON–(BUSINESS WIRE)–ION Clean Energy (ION) announces it has raised $45 million from Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., who is leading the […]

TES announces the successful fundraising of €140m to support the development of its key e-NG projects APRIL 4, 2024 Following significant investor demand, the company upsized the round size to €140m, receiving strong support from existing shareholders, including AtlasInvest, Reggeborgh, Zhero and Zodiac Maritime The fundraising also attracted several new highly experienced investors, who are […]

EV Realty and GreenPoint Partners Form Joint Venture for the Buildout of $200 Million in EV Charging Hubs: SAN FRANCISCO, April 03, 2024 (GLOBE NEWSWIRE) — EV Realty, Inc. (“EV Realty”), an EV infrastructure development platform powering commercial fleets, today announced the formation of a joint venture alongside GreenPoint Partners (“GreenPoint”), an alternatives firm investing […]

BNEF –  Big Oil Pivots Away From Renewable Power on Low Returns: By Luxi Hong, Downstream Oil and Chemicals, BloombergNEF The oil and gas sector is shifting away from renewables and power in its decarbonization efforts, according to BloombergNEF’s latest analysis of the energy transition investment trends in the industry. Investment in renewable power and […]

U. S. Steel and CarbonFree Sign Definitive Agreement to Capture Carbon Dioxide Emissions at One of the Largest North American Integrated Steel Mills: The agreement sets in motion a project to capture emissions from U. S. Steel’s blast furnaces CarbonFree’s SkyCycle™ technology will capture and mineralize up to 50,000 metric tons of carbon dioxide annually […]

Torus Secures $67 Million in Venture Financing to Advance Energy Storage and Energy Management Platform April 03, 2024 09:00 AM Eastern Daylight Time SOUTH SALT LAKE CITY, Utah–(BUSINESS WIRE)–Torus, Inc. today announced a significant milestone in its journey: the successful completion of an equity fundraising round and the expansion of its Board of Directors. Torus […]

Adani Green Energy Becomes India’s First to Surpass 10,000 MW Renewable Energy Operating portfolio of 10,934 MW, largest in India 2,000 MW solar capacity at Khavda, contributes to this milestone 2,848 MW renewables capacity brought on stream in FY24 April 03, 2024 11:14 AM Eastern Daylight Time AHMEDABAD, India–(BUSINESS WIRE)–Adani Green Energy Limited (AGEL), India’s largest […]

BV Investment Partners Announces Sale of Resource Innovations: BOSTON, April 2, 2024 /PRNewswire/ — BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, announced today the sale of Resource Innovations, a leading tech-enabled services company focused on energy efficiency and sustainability, to Morgan Stanley […]

Avina Unveils Plans for Cutting-Edge Sustainable Aviation Fuel Plant in the Midwest, Forges Alliance for Low-Carbon Ethanol Supply: SHORT HILLS, N.J., April 03, 2024 (GLOBE NEWSWIRE) — Avina, a leading developer of clean hydrogen and derivative fuels solutions, is thrilled to announce plans for a cutting-edge Sustainable Aviation Fuel (SAF) plant in the Midwest region […]