Industry News

Fervo Energy’s Record-Breaking Production Results Showcase Rapid Scale Up of Enhanced GeothermalSecond Fervo Energy Technology Day Highlights Continued Success at Cape Station and Growing Financial Traction, Placing Fervo at the Forefront of 24/7 Carbon-Free Energy Delivery September 10, 2024 07:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Fervo Energy (“Fervo”), the leader in next-generation geothermal energy, today […]

Google – Our first-of-its-kind direct air capture deal forges a path to lower costsSep 10, 2024 Why we’re supporting Holocene’s early stage direct air capture (DAC) project, and what $100 per ton means for the future of carbon removal. Randy SpockCarbon Credits and Removals Lead Today we’re announcing a new deal to purchase carbon removal […]

X-Caliber Rural Capital Affiliate Closes $100MM Loan for World’s Largest Next Generation Geothermal Energy ProjectSeptember 10, 2024 09:19 AM Eastern Daylight Time IRVINGTON, N.Y.–(BUSINESS WIRE)–X-Caliber Rural Capital (“XRC”), the nation’s top USDA lender by volume for FY 2023, today announced that its affiliate, XRL-ALC, LLC, (“XRA”), has closed a $100MM bridge loan to support Phase […]

Nth Cycle Begins Operations of First Domestic Commercial-Scale Nickel and Cobalt Scrap Refining System in Fairfield, Ohio: FAIRFIELD, Ohio, Sept. 10, 2024 /PRNewswire/ — Nth Cycle, the globally recognized critical metal refining company, has made history as the first company in the United States to produce premium nickel cobalt MHP – a mandatory component for multiple […]

X-ELIO supports Google on its path to decarbonisation with a 128 MW PPA in Texas: X-ELIO to provide Google with clean energy output from its Bell Renewable Energy Plant in Texas The agreement will allow Google to increase the use of clean energy in its Texas operations in support of its goal to run on 24/7 carbon-free energy […]

SLB achieves breakthrough results in sustainable lithium production Nevada demonstration plant integrates direct lithium extraction (DLE), concentration and conversion technologies to sustainably produce lithium at scale Integrated technology solution produces lithium from brine 500 times faster than conventional methods while using significantly less land, water and chemical reagents Verified results confirm recovery rate of 96% […]

Brookfield to Invest Up to $1.1 Billion in Infinium to Scale Ultra-Low Carbon eFuels: New investments secured for Infinium and company’s Project Roadrunner production plant to accelerate availability of sustainable aviation fuel SACRAMENTO, Calif., Sept. 10, 2024 /PRNewswire/ — Infinium, the world’s first producer of commercially available ultra-low carbon eFuels, and Brookfield Asset Management (NYSE: […]

Elum Energy Secures $13 Million in Series B Funding to Accelerate Growth and Innovation in Renewable Energy Management Worldwide: PARIS, Sept. 10, 2024 /PRNewswire/ — Elum Energy, a leading provider of advanced energy management solutions for renewable energy systems, has secured $13 million in Series B funding led by Energize Capital, with participation from existing […]

FIVE POINT ENERGY CLOSES FOURTH SPECIALTY INFRASTRUCTURE FUND WITH ~$1.4 BILLION IN CAPITAL COMMITMENTS: Firm leads the industry in building environmental water management, surface management and sustainable infrastructure platforms HOUSTON, Sept. 9, 2024 /PRNewswire/ — Five Point Energy LLC (“Five Point”), a leading private equity firm focused on building sustainable infrastructure, today announced the final […]

ENGIE and CarbonX join forces to scale the early market for permanent carbon removals through the investment of ENGIE New Ventures in the Paris-based startup. 9/5/2024 Carbon Dioxide Removal (CDR) is required to achieve global and national net zero targets, according to the Intergovernmental Panel on Climate Change (IPCC). While CDR cannot substitute for immediate […]