Industry News

Michigan Potash secures conditional commitment for a loan guarantee from the U.S. Department of Energy to enhance food security through major fertilizer projectIf finalized, the nearly $1.3 billion loan guarantee will help make Michigan a leader in potash production, creating 1,400 construction jobs and reducing U.S. dependence on foreign countries for critical minerals January 17, […]

Palmetto Secures $1.2B to Supercharge U.S. Residential Clean Energy Financing: News provided by Palmetto Jan 17, 2025, 09:00 ET Investments from Morgan Stanley, Truist Bank and Other Prominent Financial Institutions Fund Residential Energy Leases Nationwide CHARLOTTE, N.C., Jan. 17, 2025 /PRNewswire/ — Today, Palmetto, a software company enabling consumer adoption of climate technology products and […]

To accelerate the exploration of new nuclear technologies, Duke Energy joins industry group vying for DOE grant: Ensures nuclear energy remains core to its ‘all of the above’ energy generation strategy Aligns with Duke Energy’s focus on reducing costs and risks for its customers, investors and operations while supporting long-term regional economic development Includes agreement […]

AEP Seeking Grants To Assist With Advanced Nuclear Site Exploration in Indiana and Virginia: Indiana Michigan Power Rockport Plant site identified as potential location for a Small Modular Reactor Following positive community discussions, Appalachian Power submits grant application to support permitting process at Joshua Falls site COLUMBUS, Ohio, Jan. 17, 2025 /PRNewswire/ — American Electric […]

EnerSys Completes Negotiation of U.S. DOE Award Supporting Development of Lithium-ion Gigafactory: January 17, 2025 04:15 PM Eastern Standard Time READING, Pa.,–(BUSINESS WIRE)–EnerSys (NYSE: ENS), a global leader in stored energy solutions for industrial applications, today announced the successful completion of contract and funding negotiations with the U.S. Department of Energy (DOE). This final agreement […]

Oklo and RPower Join Forces to Accelerate Power Availability for Data Centers: Partnership Would Deliver a Phased Power Strategy Combining Natural Gas and Advanced Nuclear January 17, 2025 08:31 AM Eastern Standard Time SANTA CLARA, Calif.–(BUSINESS WIRE)–Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear power and nuclear fuel recycling company, has signed a memorandum of […]

Convergent Energy and Power Closes $584.5 Million Guaranteed Loan from the U.S. Department of Energy: Commitment from Loan Programs Office to support construction of solar PV and energy storage in Puerto Rico; systems are expected to enhance Puerto Rico’s grid resilience, lower energy costs, and reduce the need for fossil fuel generation January 17, 2025 […]

Kimbell Royalty Partners Closes $230 Million Acquisition of Midland Basin Mineral and Royalty Interests in Cash Transaction: News provided by Kimbell Royalty Partners, LP Jan 17, 2025, 17:27 ET FORT WORTH, Texas, Jan. 17, 2025 /PRNewswire/ — Kimbell Royalty Partners, LP (NYSE: KRP) (“Kimbell” or the “Company”), a leading owner of oil and gas mineral […]

Infinium Announces Series C Investment and Acquisition of Greyrock TechnologyNews provided by Infinium Jan 16, 2025, 06:00 ET Company expands its portfolio of gas conversion technologies and proprietary catalysts SACRAMENTO, Calif., Jan. 16, 2025 /PRNewswire/ — Infinium, producer of the world’s first commercially available ultra-low carbon eFuels, announced today that it has completed the purchase of […]

Helmerich & Payne Completes Acquisition of KCA Deutag: January 16, 2025 12:06 PM Eastern Standard Time TULSA, Okla.–(BUSINESS WIRE)–Helmerich & Payne, Inc. (NYSE: HP) (“H&P” or the “Company”) today announced that it has completed its acquisition of KCA Deutag International Limited (“KCA Deutag”), establishing a global leader in onshore drilling. President and CEO of H&P, […]