Industry News

CleanCapital Expands Operating Solar Portfolio With 23 Megawatt Acquisition From Kendall Sustainable Infrastructure, Secures Additional Equity Financing: $145 million from Manulife Investment Management will fund project development, construction, and future acquisitions December 17, 2024 09:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–CleanCapital, a leading independent power producer focused on distributed clean energy, announced today that […]

Walmart and Nexamp Accelerate Community Solar Development Across Five States: Major investment boosts renewable energy production and creates more than 1,500 new jobs while delivering millions in energy savings for residential customers BOSTON, Dec. 16, 2024 /PRNewswire/ — Nexamp, a leader in community solar development, has partnered with Walmart to develop 31 community solar projects […]

bp and XRG close deal to launch new natural gas platform – Arcius Energy16 December 2024 bp and XRG, ADNOC’s international energy investment company, establish new regional gas platform, Arcius Energy, to initially focus on development of gas assets in Egypt.Building on 50 years of partnership between ADNOC and bp, new joint venture complements the […]

Diamondback Energy, Halliburton, and VoltaGrid Sign Agreement for Four Electric Simul-Frac Fleets in the Permian Basin: HOUSTON, Dec. 13, 2024 (GLOBE NEWSWIRE) — Diamondback Energy (NYSE: FANG), Halliburton Energy Services (NYSE: HAL), and VoltaGrid LLC have entered into a landmark agreement to deploy four advanced electric simul-frac fleets across the Permian Basin. This collaboration represents […]

Spiritus Launches New Mexico Pilot Facility for Direct-Air-Capture Carbon Removal Operations in Collaboration with Nambé PuebloAdvancing real-world validation of novel sorbent technology, Spiritus creates high-skill jobs in New Mexico and continues momentum for carbon removal projects worldwide December 12, 2024 09:00 AM Eastern Standard Time LOS ALAMOS, N.M.–(BUSINESS WIRE)–Spiritus, the climate tech company developing cost-effective […]

Cyclyx Names Chris Yandell as Chief Executive Officer: HOUSTON, Texas, Dec. 13, 2024 /PRNewswire/ — Cyclyx International, LLC., a post-use plastic-to-feedstock company, today marks a pivotal moment in its mission to revolutionize plastic recycling with the appointment of Chris Yandell to serve as chief executive officer, effective January 1, 2025. Outgoing CEO Joe Vaillancourt is […]

Carbon-Negative Fuels Pioneer Pathway Energy Debuts with Ultra Negative Sustainable Aviation Fuel and Plans for New SAF Facility on US Gulf CoastNews provided byNexus PMG Dec 12, 2024, 07:00 ET Pathway’s first facility charts a path to carbon-negative flights and will abate up to 6,000 long-haul flights annually HOUSTON, Dec. 12, 2024 /PRNewswire/ — Pathway […]

DOE Announces $1.25 Billion Loan to EVgo to Expand Nationwide Public Fast ChargingEVgo will add 7,500 Public Chargers to Nation’s Rapidly Growing Fast Charging Network Loan Programs Office December, 12 2024 As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of […]

Rio Tinto to invest $2.5 billion to expand Rincon lithium project capacity to 60,000 tonnes per year 12 December 2024 LONDON–(BUSINESS WIRE)– Rio Tinto has approved $2.5 billion1 to expand the Rincon project in Argentina, the company’s first commercial scale lithium operation, demonstrating its commitment to building a world-class battery materials portfolio. Rincon’s capacity of […]

Gravity Agrees to Sell Water Midstream Business to Delek Logistics: HOUSTON, Dec. 12, 2024 /PRNewswire/ — Gravity Oilfield Services Inc. (“Gravity” or the “company”), a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. (“Clearlake”), announced today that it has agreed to sell its Gravity Water Midstream division to Delek […]