Industry News

Tokyo Gas Makes First Investment in Overseas Floating Wind Project: Source: https://www.offshorewind.biz/ August 6, 2024 Tokyo Gas has acquired a 21.2 per cent stake in WindFloat Atlantic, the 25.2 MW floating offshore wind farm in Portugal. WindFloat Atlantic, operated by Windplus, a majority-owned subsidiary of Ocean Winds, has been operational since 2020. According to the Japanese […]

esVolta Secures $258 Million Credit Facilities for ERCOT Storage Portfolio: NEWPORT BEACH, Calif., July 30, 2024 /PRNewswire/ — esVolta, LP announced completion of $258 million senior secured credit facilities for a 980 MWh portfolio of standalone battery energy storage projects. The credit facilities consist of construction plus tax equity bridge financing, letters of credit, and a long-term […]

Fusion startup Zap Energy is raising more cash to develop commercially viable power: Fusion company Zap Energy is raising a huge new investment — nearly $130 million — according to an SEC filing posted Wednesday. The company declined to comment. Everett, Wash.-based Zap is racing to generate power by smashing together light atoms that release […]

Climate Impact Partners launches program to rapidly scale novel carbon removal technologies: New program enables companies to advance the carbon removals sector, scaling cutting edge carbon dioxide removal (CDR) solutions to meet global climate targets. LONDON, Aug. 6, 2024 /PRNewswire/ — Climate Impact Partners, experts in the voluntary carbon market for more than 25 years, […]

MHI America Acquires Three Utility-Scale Solar Power Projects in Pennsylvania, Advancing the Company’s Energy Transition Strategy Mitsubishi Heavy Industries America acquired a portfolio of 3 utility-scale solar power projects in Pennsylvania through Oriden The portfolio consists of three solar photovoltaic (PV) projects, all expected to go live in the fall of 2024, with the ability […]

Emera Announces Sale of New Mexico Gas Company to Bernhard Capital Partners: News provided by Bernhard Capital Partners Management, LP Aug 05, 2024, 17:10 ETHALIFAX, NS and BATON ROUGE, La. and ALBUQUERQUE, N.M., Aug. 5, 2024 /PRNewswire/ — Emera Inc. (“Emera”) (TSX:EMA), an international energy and services company, today announced it has entered into an […]

DENSO, JERA to Jointly Develop High-Efficiency Hydrogen Generation Technology that Combines SOEC with Waste Heat Utilization and Conduct Joint Demonstration Testing at a JERA Thermal Power Station:News provided by DENSO Aug 05, 2024, 12:42 ET KARIYA, Japan, Aug. 5, 2024 /PRNewswire/ — DENSO Corporation (“DENSO“), and JERA Co., Inc. (“JERA“) announce that they will jointly develop high-efficiency […]

Clean Energy’s Latest RNG Production Facility at Minnesota Dairy Begins Injecting Into Pipeline: August 05, 2024 06:30 AM Eastern Daylight Time NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Clean Energy Fuels Corp. (Nasdaq: CLNE) announced that it has completed its latest renewable natural gas (RNG) production facility at Ash Grove Dairy in Lake Benton, MN. Now producing pipeline quality […]

Cheniere and Galp Sign Long-Term LNG Sale and Purchase Agreement: August 05, 2024 07:30 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE: LNG) announced today that its subsidiary Cheniere Marketing, LLC (“Cheniere Marketing”), entered into a long-term liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Galp Trading S.A. […]

Quantum Capital Group to Acquire Cogentrix from Carlyle for $3 Billion: HOUSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) — Quantum Capital Group and its affiliates (“Quantum”) today announced that it has entered into an agreement to acquire Cogentrix Energy (“Cogentrix” or the “Company”), a premier U.S. independent power producer, from funds managed by Carlyle (NASDAQ: CG) […]