Industry News

China Leads Global Coal Power Surge as Capacity Hits Record:   Global coal-power capacity rose to a record last year, led by a surge in new plants in China and a slowdown in retirements around the world, according to a new report from Global Energy Monitor. Read further on Bloomberg

Steelmaker SSAB to Invest €4.5 Billion in New Mini Mill in Northern Sweden:  Swedish steelmaker SSAB AB will spend as much as €4.5 billion ($4.8 billion) on a new plant in Lulea, in the northern part of the country, that will help clean up one of the world’s dirtiest industries.  Continue reading on Bloomberg

Johnson Matthey and bp technology chosen for the world’s largest Fischer Tropsch SAF production plant: DG Fuels has chosen Johnson Matthey and bp’s co-developed Fischer Tropsch (FT) CANS™ technology for its first sustainable aviation fuel (SAF) plant. Located in Louisiana, USA, it would be the largest announced FT SAF production facility in the world, with a planned […]

EverWind Fuels Announces Completion of FEED for its 1st Phase 240,000 Tonne per Annum Green Hydrogen-to-Green Ammonia Plant: April 09, 2024 03:00 ET| Source: EverWind Fuels HALIFAX, Nova Scotia, April 09, 2024 (GLOBE NEWSWIRE) — EverWind Fuels (“EverWind”), a leading North American developer of a green fuels hub centered in Atlantic Canada, today announced the […]

CO2 Watchdog Approves Carbon Credits for Value Chain Emissions: The world’s leading watchdog for corporate climate goals said companies may use carbon credits to reduce the full scope of their emissions, in a decision that’s likely to galvanize a controversial corner of climate finance. SBTi says its decision follows months of consultation The voluntary carbon […]

Nexamp Raises $520M to Power Clean Energy Mission: The infusion cements Nexamp’s position as a leading clean energy and decarbonization solutions provider as it enters a new phase of growth BOSTON, April 10, 2024 /PRNewswire/ — Nexamp, a leading independent renewable energy provider and the nation’s largest community solar developer and owner, announced today that […]

Equinor announces first battery storage projects in the United States APRIL 10 | SOURCE: EQUINOR Two inaugural projects in Texas announced following the company’s acquisition of East Point Energy strengthening Equinor’s broad energy portfolio in the US. Equinor, an energy company focused on high-value growth in renewables with the ambition to be a leader in […]

Biodel AG and Carbon Asset Solutions Partner to Deliver More Accurate Carbon Credit Measurement Process to Ag Landowners and Operators: MARICOPA, Ariz., April 10, 2024 /PRNewswire/ — Biodel Ag, Inc. (“Biodel”), a US carbon project developer focused on regenerative agriculture, and Carbon Asset Solutions Ltd. (“CAS”), a carbon registry and leading MRV provider, today announced […]

Strategic Biofuels Announces Strategic Investment from Magnolia Sustainable Energy Partners: Partnership also brings additional carbon capture expertise to flagship sustainable aviation fuels project in Northern Louisiana COLUMBIA, La., April 9, 2024 /PRNewswire/ — Strategic Biofuels, a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a […]

Bloom Energy to Receive up to $75 million in Federal Tax Credits for Fremont Manufacturing Plant: A world leader in fuel cell electricity production to expand fuel cell manufacturing and advance operating efficiency at Fremont, CA facility April 08, 2024 04:03 PM Eastern Daylight Time SAN JOSE, Calif.–(BUSINESS WIRE)–Bloom Energy Inc. (NYSE:BE), a leading provider […]