April 17, 2024

Found Energy closes $12mm seed round to decarbonize heavy industry with aluminum-powered energy systems

Found Energy Closes $12M Seed Round to Decarbonize Heavy Industry with Aluminum-Powered Energy SystemsBOSTON, Mass., — Found Energy, a cleantech startup building industrial decarbonization solutions that harness the embodied energy of aluminum, has announced an oversubscribed Seed Round of $12M. The round included investments from KOMPAS VC, Munich Re Ventures, Good Growth Capital, the Autodesk […]

April 17, 2024

Lummus Expands R&D Capabilities to Enhance Innovation and Water and Wastewater Technologies

Lummus Expands R&D Capabilities to Enhance Innovation and Water and Wastewater Technologies: “When we added Zimpro to our portfolio last year, we expanded our offering for sustainable and integrated solutions that support our customer’s waste reduction and energy efficiency goals,” said Ujjal Mukherjee, Chief Technology Officer, Lummus Technology. “By opening the Green Circle Labs we […]

April 17, 2024

Chestnut Carbon Completes Sale of First IFM Carbon Removal Credits at $34 per Credit

Chestnut Carbon Completes Sale of First IFM Carbon Removal Credits at $34 per Credit: Apr 17, 2024, 08:00 ET NEW YORK, April 17, 2024 /PRNewswire/ — Chestnut Carbon (“Chestnut“), a leading developer of nature-based carbon removal solutions, today announced the sale of its first Improved Forest Management (IFM) carbon removal credits to a large corporate buyer […]

April 17, 2024

CF Industries and JERA sign JDA to develop greenfield low-carbon ammonia in the US

CF Industries and JERA Announce Joint Development Agreement to Develop Greenfield Low-Carbon Ammonia Production Capacity in the United States April 17, 2024 09:00 PM Eastern Daylight Time NORTHBROOK, Ill.–(BUSINESS WIRE)–CF Industries Holdings, Inc. (NYSE: CF), the world’s largest producer of ammonia, and JERA Co., Inc. (JERA), Japan’s largest energy company, today announced that they have […]

April 16, 2024

Infinium and Kinetik Reach Innovative CO2 Utilization Agreement to Advance eFuels Production

Infinium and Kinetik Reach Innovative CO2 Utilization Agreement to Advance eFuels Production: Long-term agreement represents a new model for delivering decarbonization benefits across heavy transport and chemical industries SACRAMENTO, Calif., April 16, 2024 /PRNewswire/ –– eFuels leader, Infinium, has reached an agreement with a subsidiary of midstream energy company  Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik”) to […]

April 16, 2024

SOSV Closes $306M Deep Tech Fund for Decarbonization

SOSV Closes $306M Deep Tech Fund for Human and Planetary Health – PR Newswire: PRINCETON, N.J., April 16, 2024 /PRNewswire/ — SOSV, a multi-stage deep tech venture investor, today announced the close of its $306 million SOSV V fund, the firm’s largest fund to date. SOSV V will focus on deep tech startups in human […]

April 16, 2024

EQT Announces Non-Operated Asset Transaction with Equinor

EQT Announces Non-Operated Asset Transaction with Equinor: NEWS PROVIDED BY EQT Corporation (EQT-IR) Apr 15, 2024, 08:00 ET PITTSBURGH, April 15, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) (“EQT”) announced it has entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undivided 40% interest in its non-operated natural gas […]

April 16, 2024

Chevron arm launches $500 million fund to invest in low carbon technologies

Chevron arm launches $500 million fund to invest in low carbon technologies: April 16 (Reuters) – Chevron’s venture capital arm launched on Tuesday its third fund to invest in renewable energy technologies with a $500 million commitment, as oil majors look to diversify their business in the face of pressure to reduce their emissions. Like […]

April 16, 2024

FT – Ex-Shell CEO van Beurden joins KKR to advise on climate investments

Financial Times – Ex-Shell CEO van Beurden joins KKR to advise on climate investments: Shell’s former chief executive has joined private equity group KKR as a senior adviser for energy transition investments in his first corporate role since stepping down from the oil and gas major. Ben van Beurden, who started with KKR on a part-time […]