Industry News

Third Derivative and RMI Launch Industrial Innovation Cohorts to Accelerate Decarbonization of Steel, Cement, and ChemicalsBoulder, CO— August 26, 2024 — RMI and Third Derivative are launching the Industrial Innovation Cohorts initiative supported by a $2 million grant from The Lemelson Foundation. Heavy industry produces the most widely used materials you see in your daily […]

Westinghouse Welcomes Approval of Four New AP1000® Technology-based Reactors in China: New Units at Bailong and Lufeng Bring Total Number of Operational and Approved China AP1000-Based Reactors to 16 August 29, 2024 09:26 AM Eastern Daylight Time CRANBERRY TOWNSHIP, Pa.–(BUSINESS WIRE)–Westinghouse Electric Company congratulates China’s State Power Investment Corporation (SPIC) and China General Nuclear Power […]

Georgia Power determines locations for 500 MW of new battery energy storage systems approved in 2023 IRP Update: New resources will help company meet the energy needs of a growing Georgia ATLANTA, Aug. 29, 2024 /PRNewswire/ — Georgia Power has identified locations for 500 MW of new battery energy storage systems (BESS) authorized by the […]

FlexGen Selected by Vitol Subsidiary VC Renewables to Deploy 2GWh of Energy Storage: Companies Announce Landmark Material Supply Agreement (MSA) for Massive BESS Capacity DURHAM, N.C., Aug. 29, 2024 /PRNewswire/ — FlexGen, a leading provider of advanced energy storage solutions and software technology, and VC Renewables, Vitol‘s solar and storage development platform, have completed a […]

ONEOK to Acquire Medallion and Controlling Interest in EnLink from Global Infrastructure Partners in Transactions Valued at $5.9 Billion: Establishes fully integrated Permian Basin platform at scale Expands and extends footprint in Mid-Continent, North Texas and Louisiana Delivers immediate accretion to EPS and FCF supporting capital allocation strategy Provides significant synergies through complementary asset positions Maintains ONEOK’s strong […]

Linde Signs Long-Term Agreement to Supply Clean Hydrogen to Dow’s Path2Zero Project in Canada Woking, UK, August 27, 2024 – Linde (Nasdaq: LIN) announced today it has signed a long-term agreement for the supply of clean hydrogen to Dow’s Fort Saskatchewan Path2Zero Project. The company will invest more than $2 billion to build, own and operate […]

Mexico Pacific Announces Long-Term LNG Sales and Purchase Agreement with POSCO International: August 28, 2024 06:00 PM Eastern Daylight Time HOUSTON & INCHEON, South Korea–(BUSINESS WIRE)–Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, today announced that it has signed a sales and purchase agreement (SPA) with POSCO International Corporation […]

Nippon Steel Announces Transformative Investments at U. S. Steel’s Mon Valley Works and Gary Works: TOKYO, Aug. 28, 2024 /PRNewswire/ — Nippon Steel Corporation (“Nippon Steel”) (TSE: 5401) today announced additional project investments to be made at Mon Valley Works and Gary Works, as part of its pending acquisition (“Transaction”) of United States Steel Corporation […]

CenterPoint Energy Completes Greater Houston Resiliency Initiative (GHRI) Core Resiliency Actions and Announces Bold Series of Additional Resiliency Actions, Including $5 Billion in Proposed Investments: Proposal reflects largest investment in Greater Houston infrastructure in the company’s nearly 160-year history and includes a proposal to forego $110 million in profits HOUSTON, Aug. 28, 2024 /PRNewswire/ — CenterPoint […]

AccelDev Enters Multi-Year Partnership with Harvest Renewables to Drive Community Solar Development: NEW YORK, Aug. 28, 2024 /PRNewswire/ — AccelDev has entered a multi-year partnership with Harvest Renewables, a new community solar developer, to convert underutilized land into solar farms that deliver clean energy, economic growth, and environmental benefits nationwide. Founded by Jamal Batar, Harvest […]