Industry News

Terabase Secures $130 Million Series C From SoftBank Vision Fund 2 to Accelerate Construction of Utility-Scale SolarCutting-edge Software and Automation will Reduce Costs of Building Solar Power PlantsMarch 13, 2025 08:00 AM Eastern Daylight Time BERKELEY, Calif.–(BUSINESS WIRE)–Terabase Energy, a leader in digital and automation solutions for utility-scale solar power, today announced the closing of […]

National Grid Partners commits $100 million to invest in AI startups advancing the future of energy: Corporate venture leader has invested $150 million in 18 AI companies to date; new commitment will accelerate investments to improve efficiency, reduce emissions and strengthen the energy grid MENLO PARK, Calif., March 12, 2025 /PRNewswire/ — National Grid Partners, […]

Germany: TotalEnergies and RWE Join Forces on Green Hydrogen to Decarbonize the Leuna Refinery: 30,000 tons a year of green hydrogen supplied to TotalEnergies’ Leuna refinery 300,000 tons a year of CO2 emissions prevented at the Leuna refinery The largest green hydrogen contract with an electrolyzer in Germany March 12, 2025 06:10 AM Eastern Daylight […]

AIQ announces $340 million contract for large-scale deployment of agentic AI across ADNOC operations: Award by ADNOC underlines AIQ’s position as leading AI solutions provider to the energy industry and reinforces ADNOC’s mission to become the world’s most AI-enabled energy company Wide-scale deployment of world’s first large-scale agentic AI solution for the energy sector follows […]

Amperon Secures Strategic Investment from National Grid Partners to Accelerate AI-powered Energy Forecasting Solutions: HOUSTON, March 12, 2025 /PRNewswire/ — Amperon, a leading provider of AI-powered energy forecasting and analytics solutions, today announced a strategic investment from National Grid Partners, the venture investment and innovation arm of National Grid (NYSE: NGG). This investment will further […]

Equilibrium Energy Raises $28M to Unlock Full Potential in Power Portfolio Management, and Launches its Flagship EQ Mission Control™ Software Platform March 12, 2025 01:06 PM Eastern Daylight Time SAN FRANCISCO–(BUSINESS WIRE)–Equilibrium Energy, the leader in energy portfolio management capabilities and services for the power industry, today announced the successful close of a $28 million […]

Capture6 completes $27.5 million Series A and project funding round to scale the production of fresh water and carbon removalNews provided by Capture6 Mar 11, 2025, 08:00 ET The funding raise, led by Tetrad Corp., and joined by Hyundai Motor Group’s ZER01NE Ventures, Energy Capital Ventures, and Elemental Impact, among others, will support Capture6’s technology for […]

Spiritus Unleashes a ‘Golden Era’ of Carbon Removal to Power America’s Explosive Growth — $30M Series A to Scale Direct Air CaptureBacked by Aramco Ventures, Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures, Spiritus is set to transform carbon removal, turbocharging America’s AI-driven future with energy and infrastructure abundance without climate compromise. March 06, […]

Archrock to Acquire Natural Gas Compression Systems, Inc.March 10, 2025 17:53 ET | Source: Archrock Business includes approximately 351,000 horsepower, comprised of 316,000 operating horsepower and a 35,000 horsepower backlog of contracted new equipment Aligns with Archrock’s focus on large horsepower compression with blue-chip customers Complements and deepens Archrock’s existing operations in the Permian Basin […]

Eaton signs agreement to acquire Fibrebond Corporation, expanding reach into multi-tenant data center market March 11, 2025 06:45 AM Eastern Daylight Time DUBLIN–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire Fibrebond Corporation, a designer and builder of pre-integrated modular power enclosures for data center, industrial, utility and […]