Industry News

Commission approves €3 billion German-Dutch State aid scheme to support the production of renewable fuels of non-biological originPress release Dec 17, 2024 Brussels  The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world. […]

Trane Technologies to Acquire BrainBox AI Dec 18, 2024 Combines BrainBox AI’s leading Artificial Intelligence technology with Trane Technologies’ advanced building management and digital capabilities to meet fast-growing demand for sustainable, autonomous building solutionsAccelerates and scales smart building technologies that reduce demand-side energy consumption and greenhouse gas (GHG) emissions SWORDS, Ireland–(BUSINESS WIRE)– Trane Technologies (NYSE: […]

Golar Acquires All Outstanding Minority Interests in the FLNG Hilli: Golar LNG Limited (“Golar” or “the Company”) is pleased to announce that the company has acquired Seatrium’s and Black & Veatch’s minority ownership interests in the FLNG Hilli. The acquisitions comprise all third-party interests in the asset, including a total of 5.45% common units, 10.9% […]

FREYR Battery Closes Transformative Acquisition of Trina Solar’s U.S. Manufacturing Assets December 24, 2024 05:30 AM Eastern Standard Time NEW YORK & NEWNAN, Ga.–(BUSINESS WIRE)–FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”) today announced the closing of the Company’s acquisition of the U.S. solar manufacturing assets of Trina Solar Co Ltd. (SHA: 688599) (“Trina Solar”) […]

Venture Global’s Plaquemines LNG Achieves Historic First LNG Production News provided by Venture Global LNG Dec 14, 2024, 03:31 ET America’s 8th LNG export facility reaches production 30 months from FID ARLINGTON, Va., Dec. 14, 2024 /PRNewswire/ — Today, Venture Global announced it has reached first LNG production at the company’s second facility, Plaquemines LNG, in […]

Energy Transfer Signs Agreement to Supply Chevron 2.0 Million Tonnes of LNG Per Annum From Its Lake Charles LNG Export Facility December 19, 2024 04:02 PM Eastern Standard Time DALLAS–(BUSINESS WIRE)–Energy Transfer LP (NYSE: ET) today announced its subsidiary, Energy Transfer LNG Export, LLC (Energy Transfer LNG), has entered into a 20-year LNG Sale and […]

Vermilion Energy Inc. Announces Strategic Deep Basin AcquisitionNews provided by Vermilion Energy Inc. Dec 23, 2024, 07:00 ET CALGARY, AB, Dec. 23, 2024 /PRNewswire/ – Vermilion Energy Inc. (“Vermilion”, or the “Company”) (TSX: VET) (NYSE: VET) is pleased to announce it has entered into an arrangement agreement (the “Arrangement Agreement”) to acquire Westbrick Energy Ltd. (“Westbrick”), […]

Ormat Technologies Inc. Secures Strategic Land Parcels in Utah BLM Auction to Advance Future Geothermal Development: RENO, Nev., Dec. 23, 2024 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced it has successfully secured 1,678 acres in Utah’s Bureau of Land Management (BLM) Auction. These lease acquisitions […]

Fortera and Sumitomo Corporation Join Forces to Bring Low-Carbon Cement Technology to Asia Strategic partnership aims to bring Fortera’s low-to-zero-carbon cement plants to Asia, transforming industrial CO2 into sustainable, high-performance ReAct® green cement.Fortera’s ReCarb® technology provides a verifiable carbon management solution that supports large-scale decarbonization efforts.ReCarb® can be implemented at any cement plant by seamlessly […]

Eos Energy Announces $68.3 Million First Funding from its $303.5 Million Department of Energy Loan Guarantee: TURTLE CREEK, Pa., Dec. 19, 2024 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), America’s leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the […]