Industry News

Milkywire secures $5M commitment from Salesforce for durable carbon removalStockholm-based Milkywire announces an exciting new collaboration with Salesforce, securing a $5 million commitment to advance durable carbon removal solutions. This collaboration underscores a shared mission to tackle climate change through innovation, with Milkywire’s Climate Transformation Fund driving early-stage funding for transformative carbon removal technologies. Dec […]

ReNew Energy Global Plc Announces Receipt of Non-Binding Proposal from Masdar, CPP Investments, ADIA and Sumant Sinha and Establishment of a Special Committee December 11, 2024 09:43 AM Eastern Standard Time GURUGRAM, India–(BUSINESS WIRE)–ReNew Energy Global Plc (“ReNew” or the “Company”) (NASDAQ: RNW, RNWWW) today announced that it has received a non-binding proposal dated December […]

WeaveGrid Raises $28M, Including Strategic Investment Led by Woven Capital: The strategic investment led by Toyota’s growth fund, Woven Capital, with participation from existing investors, will deepen collaborations and integrations with automakers, expand product capabilities for electric utilities, and enhance the EV driver experience. SAN FRANCISCO, Dec. 10, 2024 /PRNewswire/ — WeaveGrid, a software company […]

ExxonMobil announces plans to 2030 that build on its unique advantages: Expects to deliver growth potential of $20 billion in earnings and $30 billion in cash flow1 Key elements of ExxonMobil’s 2030 plan: Increasing Pioneer acquisition average annual synergies by over 50% to more than $3 billion2 Growing new business earnings potential to $3 billion3 […]

Northern Endurance Partnership launches the first CCS project in the UK with the participation of TotalEnergies12/10/2024 Download the Press Release Paris, December 10th, 2024 – Northern Endurance Partnership (NEP) announced today financial close, allowing to proceed with the execution of the first CCS project in the UK. NEP, in which TotalEnergies holds a 10% shareholding […]

Oman: TotalEnergies and OQAE Sign Agreements to Develop 300 MW of Renewable Projects12/11/2024 Download the Press Release Paris/Oman, December 11, 2024 – In line with its multi-energy strategy in the Sultanate of Oman, TotalEnergies is pleased to announce, together with its partner OQ Alternative Energy (OQAE), the National Renewable Energy Champion, the signing of landmark […]

Enfinity Global closes €165 million financing for 147 MW solar energy projects in Italy: MILAN, Dec. 11, 2024 /PRNewswire/ — Enfinity Global Inc., a leader in renewable energy, has closed €165 million in financing aimed at building a portfolio of three utility-scale solar power plants with a combined capacity of 147 MW, located in Italy’s […]

Boardwalk Makes Final Investment Decision on Gulf South Pipeline Company, LLC’s Kosci Junction Pipeline Project: HOUSTON, Dec. 11, 2024 /PRNewswire/ — Boardwalk Pipelines, LP’s Board of Directors is announcing that it has made a final investment decision approving Gulf South Pipeline Company, LLC’s (Gulf South) 1.16 Bcf/d Kosciusko Junction pipeline project (Kosci Junction Project). The […]

Gevo’s Acquisition of Assets in North Dakota Proceeds Following Approval Vote by Red Trail Energy’s Equity Holders: ENGLEWOOD, Colo., Dec. 11, 2024 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), a leading developer of net-zero hydrocarbon fuels and chemicals, is pleased to announce that its planned acquisition of the ethanol production plant and carbon capture and […]

Nofar Energy Breaks Ground in Battery Storage: Secures First Long-Term Fixed-Price Flexibility Purchase Agreement for German BESS Project: News provided by Nofar Energy Dec 11, 2024, 04:30 ET TEL AVIV, Israel, Dec. 11, 2024 /PRNewswire/ — Nofar Energy (TASE: NOFR), a publicly traded global independent power producer (IPP) specializing in renewable energy and battery energy […]