Industry News

American Airlines commits to conditional purchase of 100 ZeroAvia hydrogen-powered engines, increases investment in hydrogen-electric innovatorFort Worth, Texas, and Everett, Washington; July 2, 2024  American Airlines today announced that it has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines intended to power regional jet aircraft with zero inflight […]

ClearSky Global raises US$168 Million to deploy Low Carbon Alternative Fuels across Canada and North America.: CALGARY, AB, June 26, 2024 /PRNewswire/ – Canada-based ClearSky Global Corp. (ClearSky) has raised US$168 million from a private international ESG investment group, facilitated by Tailwind Ventures as financial advisor. The financing represents the 5th largest early-stage venture capital […]

BKV Announces its First Sale of Revolutionary New Carbon-Neutral Natural Gas Product to Kiewit: DENVER, June 27, 2024 /PRNewswire/ — BKV Corporation (BKV) announced today that they signed a contract for the sale and purchase of Carbon Sequestered Gas (CSG) with Kiewit Infrastructure South Co., a subsidiary of Kiewit Corporation, one of North America’s largest and […]

Aether Fuels Secures $34 Million in Series A Financing: Aether’s CEO Conor Madigan in front of a section of a 100 gallon-per-day (gpd) scale test production facility built by strategic partner GTI Energy at their Chicago-area campus. Aether will apply a portion of the new funds to expand this test production facility to carry out […]

Female-led VC Seaya closes €300M fund to invest up to €40M in impact-driven companies — TFN – Tech Funding News: Spanish VC Seaya has closed Seaya Andromeda, the first Article 9 climate-tech fund based in Southern Europe at €300 million. LPs in the new fund include Iberdrola, Nortia, Santander, BNP Paribas Group (which backed Fnality […]

Aramco’s strategic gas expansion progresses with $25bn contract awards: Phase two of ambitious Jafurah gas development commences with award of contracts worth around $12.4bn Contracts worth around $8.8bn awarded for phase three expansion of Company’s Master Gas System 23 additional unconventional gas rig contracts valued at $2.4bn and two directional drilling contracts worth $612 million also […]

Gunvor and Quercus announce landmark solar development partnership in Italy: Under the terms of the deal, Quercus will draw on its established track record of developing renewable projects—from permitting to “ready to build” status—and combine that with Gunvor’s ability to fund, manage, and optimize assets through power purchasing agreements (“PPAs”). The solar sites will be strategically […]

DOE and EPA Announce $850 Million to Reduce Methane Pollution from the Oil and Gas Sector: Funding from President Biden’s Investing in America Agenda Builds on Nearly 100 Cross-Government Actions that Are Sharply Reducing Methane Pollution in Support of Clean Air, Good Jobs, and Climate Action WASHINGTON, D.C.— The U.S. Department of Energy (DOE) and […]

Talen Energy defends interconnection agreement for Amazon data center at nuclear plant: Source: UTILITY DIVE A protest at the Federal Energy Regulatory Commission by American Electric Power and Exelon to an interconnection service agreement that would facilitate providing power directly from a nuclear power plant to an Amazon data center is a “misguided attempt to […]

DOE Announces $2.7 Billion From President Biden’s Investing in America Agenda to Boost Domestic Nuclear Fuel Supply Chain: WASHINGTON, D.C. — In support of President Biden’s efforts to strengthen America’s energy security and create new good-paying jobs, the U.S. Department of Energy (DOE) today issued a request for proposals (RFP) to purchase low-enriched uranium (LEU) […]