Industry News

Veriten Leads Latest Funding Round For Aeromine Technologies’ Innovative Distributed Power Wind Energy Solution: Pioneering Energy Technology-Investment Firm Leads $9M Capital Raise; Advances Urgent Sustainable Solutions for a Changing World IRVINE, Calif. & HOUSTON, May 22, 2024 /PRNewswire/ — Rooftop wind energy innovator Aeromine Technologies announced that it has closed an approximately $9 million funding round […]

Verse™ Secures $20.5 Million in Series A Funding led by GV to Help Organizations Reduce Electricity Costs & Emissions: The oversubscribed round will support software product development and commercial scale. SAN FRANCISCO, May 22, 2024 /PRNewswire/ — Verse, whose software enables organizations to understand, plan, and manage clean energy, has raised a $20.5M Series A funding […]

Dominion Energy Achieves Another Major Milestone for Coastal Virginia Offshore Wind with Installation of the First Monopile Foundation: Coastal Virginia Offshore Wind (CVOW) remains on budget and on schedule with construction expected to conclude in late 2026 DEME Group’s heavy lift vessel, the Orion, erects the first of 176 monopile foundations RICHMOND, Va., May 22, […]

Mainstream Renewable Power and Someva Renewables awarded a 500 MW investigative permit for onshore wind farm in New South Wales, Australia:NEWS PROVIDED BY Aker Horizons May 23, 2024, 01:47 ET LYSAKER, Norway, May 23, 2024 /PRNewswire/ — Mainstream Renewable Power (“Mainstream”), the global pure-play renewable energy company majority-owned by Aker Horizons ASA, and Someva Renewables (“Someva”), […]

Piñon Midstream Increases Delaware Basin Sour Gas Treating Capacity by ~50% and Obtains Critical NSR Permit to Continue Expansions: May 22, 2024 08:30 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Piñon Midstream, LLC (“Piñon”) is pleased to announce the commissioning of its third 450-GPM amine treating unit (“Amine Train III”), which is now in service at its […]

Cresta Invests in Alternative Energy Fueling Stations: Investment accelerates the development of necessary infrastructure to deliver low-carbon fuel to the transportation industry DALLAS, May 22, 2024 /PRNewswire/ — Cresta Fund Management LLC (Cresta), a private equity firm that invests in low-carbon molecule infrastructure and solutions, today announced it has made a controlling investment in Ocean […]

Carbon Streaming Announces Landmark Azuero Reforestation Carbon Removal Project in Collaboration With Rubicon Carbon, Ponterra, and Microsoft: The Azuero Reforestation Project Will Restore 10,000 Hectares of Degraded Land in Panama with Over 75 Native Tree SpeciesMay 21, 2024 20:00 ET| Source: Carbon Streaming Corporation TORONTO, May 21, 2024 (GLOBE NEWSWIRE) — Carbon Streaming Corporation (Cboe […]

Google, Meta, Microsoft, and Salesforce pledge to contract for up to 20M tons of high-quality nature-based carbon removal credits by 2030: Symbiosis Coalition seeks to identify and scale next-generation nature restoration projects with a focus on certainty of climate impactThe Symbiosis Coalition aims to facilitate an advance market commitment (AMC) of up to 20 million […]

Conduit Power and Riley Permian Announce Expansion of Partnership for the Sale of Merchant Power in ERCOT: HOUSTON and OKLAHOMA CITY, May 21, 2024 /PRNewswire/ — Conduit Power, LLC (“Conduit”) and Riley Exploration Permian, Inc. (“Riley Permian”) today announced that they entered into definitive agreements to expand the scope of their joint venture, RPC Power, […]

Geothermal Innovator XGS Energy Completes Oversubscribed $20M Capital Raise: VoLo Earth Ventures and Valo Ventures join Constellation Technology Ventures, Anzu Partners, and a group of blue-chip international industrials to accelerate commercialization of XGS’ transformative water-independent geothermal technology May 21, 2024 09:00 AM Eastern Daylight Time PALO ALTO, Calif.–(BUSINESS WIRE)–XGS Energy, an innovator in next-generation geothermal […]