Industry News

Carbon Ridge Closes $9.5M Investment to Accelerate Decarbonization of the Maritime Shipping IndustryWith backing from Crosscut Ventures and Western Technology Investment, Carbon Ridge will advance commercialization of its Onboard Carbon Capture & Storage Technology October 22, 2024 02:25 PM Eastern Daylight Time LOS ANGELES–(BUSINESS WIRE)–Carbon Ridge, Inc., a leading developer of modular onboard carbon capture […]

ION Clean Energy & Koch Engineered Solutions Expand Strategic Partnership for Post Combustion Carbon Capture Projects: October 22, 2024 12:00 PM Eastern Daylight Time BOULDER, Colo.–(BUSINESS WIRE)–Building on the strong customer response to their successful collaboration initiated in 2022, today ION Clean Energy (ION) and Koch Engineered Solutions (KES) announced an expansion of their joint […]

MetOx Secures $80M in DOE Funding to Build Advanced HTS Wire Manufacturing Facility in the U.S.: HOUSTON, Oct. 22, 2024 /PRNewswire/ — MetOx International, Inc. (MetOx), a U.S.-based leader in High Temperature Superconducting (HTS) wire production, proudly announces it has been selected to negotiate $80 million in funding from the U.S. Department of Energy (DOE) […]

Last Energy Announces Project In South Wales, To Build Four Micro-Nuclear Plants To Decarbonise Local Industry October 15, 2024 ‍Project To Create £300M Economic Investment, 100 Local Jobs; No Public Funding Required‍Company Has Obtained Site Control, Initiated Planning Process, Beginning Public EngagementBridgend, South Wales — Last Energy, a full-service developer of 20 MWe micro modular […]

Foss & Company and Plus Power Close $100 Million Investment Tax Credit Deal for Battery Energy Storage System: EDINBURG, Texas, Oct. 22, 2024 /PRNewswire/ — Foss & Company, a premier institutional investment fund sponsor, announced the successful closing of an investment exceeding $100 million for a battery energy storage system (BESS) named Anemoi Energy Storage. This […]

H.I.G. Capital Acquires Rainham Industrial Services: LONDON, Oct. 22, 2024 /PRNewswire/ — H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $65 billion of capital under management, is pleased to announce that one of its affiliates has acquired Rainham Industrial Services Limited (“Rainham” or the “Company”), a leading UK provider of industrial installation, maintenance, […]

Universal Fuel Technologies Raises $3M to Reduce Sustainable Aviation Fuel Costs by up to 50%: The company improves the economics of aviation decarbonization by cutting sustainable aviation fuel (SAF) production costs by up to 50% and carbon emissions by up to 75% The company’s Flexiforming technology enables the production of 100% synthetic SAF without the […]

SM ENERGY PUBLISHES UPDATED SUSTAINABILITY DISCLOSURES: DENVER, Oct. 21, 2024 /PRNewswire/ — SM Energy Company (the “Company”) (NYSE: SM) today announced the publication of its updated environmental, social and governance (“ESG”) materials, all of which are available on the Company’s website at www.sm-energy.com/sustainability. Updated publications include: Letter from our CEO to Stakeholders; Performance Highlights and […]

Spicewood Mineral Partners Announces Mineral and Royalty Acquisitions in the Permian Basin: October 22, 2024 08:30 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–Spicewood Mineral Partners (“Spicewood”), a leading Dallas based mineral and energy investment firm, today announced an update on its new acquisitions in the Delaware Basin. In recent months, the company has been acquiring a […]

HYZON SECURES FIRST HYDROGEN POWERED FUEL CELL ELECTRIC REFUSE TRUCK ORDER IN NORTH AMERICA FROM WASTE INDUSTRY PIONEER GREENWASTE: First-Ever Fuel Cell Refuse Vehicle Order in North AmericaBOLINGBROOK, Ill., Oct. 22, 2024 /PRNewswire/ — Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing […]