Industry News

Biden-Harris Administration Announces Final Rule to Cut Methane Emissions, Strengthen and Update Greenhouse Gas Emissions Reporting for the Oil and Gas SectorSOURCE: EPA Revisions to EPA’s Greenhouse Gas Reporting Program authorized by Congress will bring greater transparency and accountability for methane emissions from oil and natural gas facilities, one of the major drivers of climate […]

World Energy Announces Sustainable Aviation Fuel Agreement with Boston Consulting Group to Step Up … – PR Newswire: Five-year contract will deliver emissions reductions of 100,000 metric tons of CO2— equivalent to flying 177,000 economy-class passengers round trip between Boston and London1 100,000 metric tons of CO2 would represent more than half of BCG’s air […]

Addionics and IL Science Sign MOU to Develop Next-Gen High-Performance Lithium Metal Batteries: Shaping the Future of Power: The MOU between Addionics and IL Science paves the way toward major advances in lithium metal battery technology, accelerates the launch of high-performing, next-generation rechargeable batteries, and creates new opportunities for global battery manufacturers CUPERTINO, Calif., May […]

TPG Rise Climate to Acquire Olympus Terminals, Leading Renewable Fuels Logistics Provider: Modernized Import Infrastructure & Storage Firm Critical for Enabling Decarbonized Transportation May 07, 2024 09:33 AM Eastern Daylight Time SAN FRANCISCO & LONG BEACH, Calif.–(BUSINESS WIRE)–TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, today announced […]

Capital Power pulls plug on proposed $2.4B carbon capture and storage project: Edmonton-based Capital Power Corp. says it is no longer pursuing its proposed $2.4-billion carbon capture and storage project at its Genesee natural gas-fired power plant. The company says it has decided the project is technically viable but not economically feasible. Capital Power says […]

Deriva Energy Collaborating with Brookfield to Deliver Renewable Power to Microsoft: CHARLOTTE, N.C., May 6, 2024 /PRNewswire/ — Deriva Energy, a Brookfield portfolio company, is pleased to announce its participation in the recently announced global renewable energy framework agreement between Brookfield and Microsoft Corporation to deliver over 10.5 gigawatts of renewable energy to Microsoft worldwide. […]

DOE Announces up To $500 Million To Build a Safe and Reliable Carbon Dioxide Transportation System: WASHINGTON, D.C. — As part of President Biden’s Investing in America agenda, the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced up to $500 million available for projects that will help expand carbon […]

Department of Energy Awards $5 Million to Avium to Further Develop High-Performing Electrolyzer Stacks: Avium’s award will advance the development of high-performing hydrogen electrolyzers that operate at efficiencies far beyond existing systems, accelerate the commercialization of low-cost, high-efficiency alkaline water electrolyzer stacks, and strengthen domestic manufacturing and clean energy competitiveness. Avium’s technology enables field regeneration […]

Zanskar Raises $30 Million to Accelerate Discovery of Geothermal Energy for Clean and Affordable Power: May 06, 2024 02:39 PM Eastern Daylight Time SALT LAKE CITY–(BUSINESS WIRE)–Zanskar Geothermal & Minerals (”Zanskar”), the leading geothermal exploration company, announced today the closing of $30M in new funding led by Obvious Ventures. The round, which includes participation by […]

Stockholm Exergi announces permanent carbon removal agreement with Microsoft, world’s largest to date: STOCKHOLM, May 6, 2024 /PRNewswire/ — Stockholm Exergi today announced that it has signed a contract with Microsoft covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The agreement represents the world’s […]