Industry News

Decarbonization: Air Liquide selected to invest up to 850 MUSD in largest low-carbon oxygen production in the Americas – Air Liquide: Air Liquide plans to invest up to 850 million dollars to build, own and operate four Large Modular Air separation units as well as related infrastructure in the framework of a long-term binding agreement with  […]

Doral Renewables LLC Announces $400 Million Equity Investment from APG: PHILADELPHIA, June 24, 2024 (GLOBE NEWSWIRE) — Doral Renewables LLC (”Doral Renewables” or “the Company”), a leading U.S. developer, owner, and operator of renewable energy and storage projects, announced today a $400 million minority equity investment by Dutch pension APG on behalf of the largest […]

Heirloom to Build Two Direct Air Capture Facilities in Northwest Louisiana: The combined facilities will be capable of removing nearly 320,000 tonnes of carbon dioxide per year & will create at least 1,000 jobs in Northwest Louisiana A rendering of one of Heirloom’s DAC facilities to be built in Northwest Louisiana, near Shreveport. This first […]

Enerflex and BASF to collaborate in carbon capture, utilization and storage applications: BASF’s OASE® blue technology contributes to sustainability for post-combustion CO2 capture Enerflex brings expertise in engineering, manufacturing, and integration of gas processing and compression systems Enerflex and BASF to further reduce greenhouse gas emissions for their client partners Calgary, Alberta, June 20, 2024 […]

Enbridge, First Nations and Métis partners to advance 200-megawatt wind energy project in Saskatchewan: REGINA, SK, June 24, 2024 /PRNewswire/ – Today, Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) and Six Nations Energy Development LP (Six Nations) – a newly-created consortium of Cowessess First Nation, George Gordon First Nation, Kahkewistahaw First Nation, […]

bp to acquire full ownership of bp Bunge Bioenergia while refocusing plans for new biofuels projects: 6/20/2024 12:00:00 PM bp agrees to take full ownership of its Brazilian biofuels joint venture, acquiring Bunge’s 50% interest. High-returning transaction will allow bp to realize synergies and continue to grow the business. In parallel, scaling back plans for […]

Nextracker Acquires Ojjo to Expand Utility-Scale Solar Tracker Foundations Business: June 20, 2024 09:55 AM Eastern Daylight Time FREMONT, Calif.–(BUSINESS WIRE)–Nextracker (NASDAQ: NXT), a global provider of intelligent solar tracker and software solutions, today announced it has acquired Ojjo in an all-cash transaction for approximately $119 million. The purchase price is subject to working capital […]

Innergex Announces the Sale of Minority Interests in its Renewable Energy Portfolio in TexasNEWS PROVIDED BY Innergex Renewable Energy Inc. Jun 20, 2024, 11:15 ET US$188 million (CAN$257 million) investment by Irradiant, including customary working capital adjustments De-risks Innergex’s Texas assets and enhances the quality of its portfolio Strengthens and de-leverages Innergex’s balance sheet Innergex to […]

Salesforce Accelerates Energy Transition with New Climate Investments: Salesforce today announced three major climate investments to accelerate a just energy transition. The company has joined Frontier, an advance market commitment (AMC) to collectively buy more than $1 billion of permanent carbon removal by 2030. Through this membership, Salesforce will commit $25 million to accelerate, scale, […]

M2X Energy Announces $40 Million Series B Financing to Accelerate Commercial Operations: Commercial Low-Carbon Methanol Available in Early 2025 June 20, 2024 08:00 AM Eastern Daylight Time ROCKLEDGE, Fla.–(BUSINESS WIRE)–M2X Energy Inc. (“M2X” or “the Company”), an end-to-end developer of modular, transportable gas-to-liquids systems that economically produce low-carbon methanol from stranded methane, announced today a […]