Industry News

Mitsubishi Corporation and ExxonMobil sign Project Framework Agreement to advance world’s largest low-carbon hydrogen project [Spring, Texas and Tokyo, Japan] – Mitsubishi Corporation and Exxon Mobil Corporation (NYSE: XOM) have signed a Project Framework Agreement for Mitsubishi Corporation’s participation in ExxonMobil’s facility in Baytown, Texas which is expected to produce virtually carbon-free hydrogen with approximately […]

Daphne Technology Partners with Williams on DOE Grant to Reduce Methane Emissions Daphne Technology and Williams, a leading energy infrastructure company, are proud to announce their collaboration on the U.S. Department of Energy’s (DOE) Methane Emissions Reduction Program (MERP) grant. This partnership underscores both companies’ commitment to reducing methane emissions. 9/12/24 PRESS RELEASE from Daphne […]

Toroto to Provide Microsoft with 234,000 Carbon Removal Credits from Rainforest in MexicoToroto is delighted to announce our recent sale of 234,000 nature-based carbon credits to Microsoft. This project aims to enhance community livelihoods by restoring natural capital in one of Mexico’s key rainforests. Mexico City, on 10 of september 2024. Toroto, a leading Mexican […]

Exowatt Unveils Pioneering Modular Energy Platform to Revolutionize Renewable Energy for AI-Driven Data Centers: September 10, 2024 10:30 PM Eastern Daylight Time ANAHEIM, Calif.–(BUSINESS WIRE)–Exowatt, a next-generation renewable energy company, today announced the launch of its flagship product, the Exowatt P3, a groundbreaking modular energy solution designed to meet the growing power demands of data […]

Hecate Energy Selects Bechtel to Deliver Sunfish Solar 2 Facility: Bechtel to design and deliver inaugural renewable energy project in Michigan RESTON, Va., Sept. 11, 2024 /PRNewswire/ — Hecate Energy has selected Bechtel to lead the design and construction of Sunfish Solar 2, the first project in its 1-gigawatt development in Calhoun County, Michigan. The Sunfish […]

California Resources Corporation Announces CTV I Elk Hills Community Benefits Plan: September 10, 2024 06:16 PM Eastern Daylight Time LONG BEACH, Calif.–(BUSINESS WIRE)–California Resources Corporation (NYSE: CRC), an independent energy and carbon management company, today announced the launch of its Carbon TerraVault I (CTV I) Elk Hills Community Benefits Plan (CBP) in Kern County, California. […]

Fervo Energy’s Record-Breaking Production Results Showcase Rapid Scale Up of Enhanced GeothermalSecond Fervo Energy Technology Day Highlights Continued Success at Cape Station and Growing Financial Traction, Placing Fervo at the Forefront of 24/7 Carbon-Free Energy Delivery September 10, 2024 07:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Fervo Energy (“Fervo”), the leader in next-generation geothermal energy, today […]

Google – Our first-of-its-kind direct air capture deal forges a path to lower costsSep 10, 2024 Why we’re supporting Holocene’s early stage direct air capture (DAC) project, and what $100 per ton means for the future of carbon removal. Randy SpockCarbon Credits and Removals Lead Today we’re announcing a new deal to purchase carbon removal […]

X-Caliber Rural Capital Affiliate Closes $100MM Loan for World’s Largest Next Generation Geothermal Energy ProjectSeptember 10, 2024 09:19 AM Eastern Daylight Time IRVINGTON, N.Y.–(BUSINESS WIRE)–X-Caliber Rural Capital (“XRC”), the nation’s top USDA lender by volume for FY 2023, today announced that its affiliate, XRL-ALC, LLC, (“XRA”), has closed a $100MM bridge loan to support Phase […]

Nth Cycle Begins Operations of First Domestic Commercial-Scale Nickel and Cobalt Scrap Refining System in Fairfield, Ohio: FAIRFIELD, Ohio, Sept. 10, 2024 /PRNewswire/ — Nth Cycle, the globally recognized critical metal refining company, has made history as the first company in the United States to produce premium nickel cobalt MHP – a mandatory component for multiple […]