Industry News

Ørsted divests shares in three US solar and battery storage projects to Energy Capital Partners 18.12.2024 01:00 Continuing to deliver on its divestment programme, Ørsted announces newest farm-down partnership with Energy Capital Partners Today, Ørsted announced it is divesting a 50 % equity stake in three US onshore projects to Energy Capital Partners (ECP), a […]

Fervo Energy Secures Additional $255 Million Funding to Meet Unprecedented Energy Demand: December 19, 2024 08:00 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has secured $255 million in new funding and capital availability as it continues to build the world’s largest enhanced geothermal systems […]

Verde Clean Fuels, Inc. Announces $50 Million Equity Investment by Cottonmouth Ventures, LLC, a Wholly-Owned Subsidiary of Diamondback Energy, Inc.: Cottonmouth and Verde have entered into an agreement for a $50 million equity investment through the purchase of 12.5 million shares of Verde Class A common stock by Cottonmouth at a purchase price of $4.00 […]

Greentown Labs Secures More Than $4 Million from Partners Across Ecosystems in Massachusetts and Texas December 18, 2024 by Greentown Labs Fresh funding and a new Board of Directors will support the incubator’s next chapter of climate impact Houston, Texas and Somerville, Mass., Dec. 18, 2024 — Greentown Labs, the largest climatetech incubator in North […]

Copenhagen Infrastructure Partners and Google sign power purchase agreement in The Netherlands Google has signed a 250MW power purchase agreement with Copenhagen Infrastructure Partners to purchase renewable energy generated by the Zeevonk project for 15 years. December 18, 2024 04:00 ET | Source: Copenhagen Infrastructure Partners COPENHAGEN, Denmark, Dec. 18, 2024 (GLOBE NEWSWIRE) — Copenhagen […]

Phillips 66 announces agreement to sell interest in Gulf Coast Express: December 16, 2024 07:15 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Phillips 66 (NYSE: PSX) announced today that it has entered into a definitive agreement to sell DCP GCX Pipeline LLC, which owns a 25% non-operated equity interest in Gulf Coast Express Pipeline LLC, to an […]

Primergy’s Prairie Mist Solar Project Reaches Commercial Operation: December 18, 2024 10:00 AM Eastern Standard Time OAKLAND, Calif.–(BUSINESS WIRE)–Primergy Solar LLC (“Primergy”), a leading developer, owner, and operator of utility-scale solar and energy storage projects, announced today that its 100 MWac solar project in Ashley County, Arkansas is fully operational. The project, called Amazon Solar […]

Woodside Simplifies Portfolio and Unlocks Long-Term Value: December 18, 2024 06:39 PM Eastern Standard Time PERTH, Australia–(BUSINESS WIRE)–Woodside and Chevron have agreed to an asset swap under which Woodside will acquire Chevron’s interest in the North West Shelf (NWS) Project, the NWS Oil Project and the Angel Carbon Capture and Storage (CCS) Project, and transfer […]

Convergent Energy and Power Receives Conditional Commitment from LPO to Build Solar PV and Energy Storage in Puerto RicoConvergent’s solar and energy storage systems are expected to enhance Puerto Rico’s grid resilience, lower energy costs, and reduce the need for fossil fuel generation December 18, 2024 04:13 PM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Convergent Energy […]

Technip Energies and LanzaTech Awarded Funding from the U.S. Department of Energy for Commercializing Breakthrough CO2 to Ethylene Technology: December 18, 2024 15:00 ET | Source: LanzaTech Inc.Follow CHICAGO, Dec. 18, 2024 (GLOBE NEWSWIRE) — Technip Energies (PARIS:TE) and LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”) announced that the U.S. Department of Energy (DOE) Office of […]