Industry News

ExxonMobil to Expand Advanced Recycling Capacity: Plans for 1 Billion Pounds Capacity per Year by 2027 $200 million investment adds new units to Beaumont and Baytown sites Processed more than 70 million pounds of plastic waste in Baytown so far with proven technology Additional advanced recycling units planned for North America, Europe, Asia November 21, […]

Biden-Harris Administration Announces Awards for Up to $2.2 Billion for Two Regional Clean Hydrogen Hubs to Bolster America’s Global Clean Energy Competitiveness and Strengthen Our National Energy Security November 20, 2024 Gulf Coast and Midwest Hydrogen Hubs will Create Tens of Thousands of High-Quality Jobs, Deliver New Economic Opportunities, and Reinforce America’s Clean Manufacturing Boom […]

Neos Partners Raises $1.37 Billion Fund II to Invest in the Energy Transition and Critical Infrastructure Sectors: November 21, 2024 08:30 AM Eastern Standard Time SAN DIEGO–(BUSINESS WIRE)–Neos Partners (“Neos”), an investment firm focused on second-order investing in the energy transition and critical infrastructure sectors, announced today the closing of Neos Partners II (“Fund II”) […]

Blue Bear Capital Closes Third Fund, Adding $200 Million to Platform for Machine Intelligence Investments into Energy, Infrastructure, and Climate Industries: JACKSON, Wyo. and LOS ANGELES, Nov. 21, 2024 /PRNewswire/ — Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for the world’s energy, infrastructure, and climate challenges, today announced the […]

Skytree Technology at the Core of the World’s First 100% Wind-Powered Direct Air Capture Hub Published on November 21, 2024 Skytree is proud to announce its role as the technology provider for Project Concho, the world’s first Direct Air Capture (DAC) hub powered entirely by wind energy. Located in Tom Green County, Texas, this pioneering […]

Element Energy Accelerates the Deployment of Second-Life Batteries with LG Energy Solution Vertech: Element Energy’s grid-scale second-life batteries will be integrated into complete energy storage systems by LG Energy Solution Vertech MENLO PARK, Calif., Nov. 21, 2024 /PRNewswire/ — Element Energy, a Menlo Park-based Battery Management Technology company, today announced a partnership with LG Energy […]

Eaton Launches Energy Storage System to Accelerate Decarbonization and Electrification for Commercial and Industrial Customers Across North America: xStorage battery energy storage system helps maximize onsite renewables, reduce energy costs and decarbonize power systems Eaton’s national network of engineers, digital monitoring and management software provide comprehensive commissioning and maintenance support November 21, 2024 08:33 AM […]

Arevon Announces Commercial Operations at Vikings Solar-plus-Storage Project in Imperial County, California: The solar-plus-storage solution provides reliable and affordable clean energy during peak demand, a key solution for lowering costs and balancing California’s shifting electricity requirements HOLTVILLE, Calif. and SCOTTSDALE, Ariz., Nov. 21, 2024 /PRNewswire/ — Arevon Energy, Inc., a leading renewable energy developer, owner, and […]

Sabanci Climate Technologies Joins Greentown Labs as Newest Terawatt Partner: The pioneer of Türkiye’s energy and utilities sector will engage directly with the incubator’s community of 200+ climatetech and energy-transition startups SOMERVILLE, Mass. and HOUSTON, Nov. 21, 2024 /PRNewswire/ — Greentown Labs, the largest climatetech incubator in North America, today announced Sabanci Climate Technologies, a […]

Abraxas Power Corp. Enters into a Loan and Royalty Agreement With RE Royalties for Up to $10 Million: All amounts in Canadian dollars unless otherwise stated. TORONTO, Nov. 21, 2024 (GLOBE NEWSWIRE) — Abraxas Power Corp. (“Abraxas”), a leading energy transition developer is pleased to announce its subsidiary Abraxas Power Maldinvest Ltd. has entered into […]