industrynews

Avangrid to Be Acquired by Iberdrola: Avangrid Shareholders to receive $35.75 Per Share May 17, 2024 02:22 PM Eastern Daylight Time ORANGE, Conn.–(BUSINESS WIRE)–Today Avangrid, Inc. (NYSE: AGR) (“Company,” “Avangrid,” “we” or “our”), a leading sustainable energy company, and a member of the group of companies controlled by Iberdrola, S.A. (“Iberdrola”), announced that it has […]

SCG Cleanergy & Rondo Energy to Deploy World’s First Heat Battery to Power Cement Production: SCG Cleanergy & Rondo Energy to Deploy World’s First Heat Battery to Power Cement Production News provided by Rondo Energy May 16, 2024, 00:01 ET Southeast Asia’s first heat battery – the world’s first commercial heat battery at a cement […]

Aramco and Rondo Energy Agree on GW-scale Thermal Storage Deployment, Hydrogen and Carbon Capture.: The companies will explore deployment of heat batteries in Aramco’s global facilities to reduce operating costs and support emissions reduction objectives ALAMEDA, Calif. and RIYADH, Saudi Arabia, May 17, 2024 /PRNewswire/ — Aramco, one of the world’s leading global energy and […]

Brookfield Plans to Invest $500 Million in Leap Green: Brookfield Asset Management Ltd. is planning to invest about $500 million for a majority stake in Indian renewable power firm Leap Green Energy Ltd., according to people familiar with the matter. Read more on Bloomberg

JERA Unveils 2035 Growth Strategy Leading Decarbonization as a Responsible Energy Solutions Provider 2024/05/16 JERA Co. Inc. (JERA) announced the new growth strategy that integrates strategic business pillars and organizational edge, marking a realistic pathway towards 2035, and ultimately its 2050 zero emission goals. Amidst complex and rapidly changing global energy dynamics, JERA’s new growth […]

Strengthening our ability to finance supply chains for hydrogen and related technologies1 Aim to provide JPY 2 trillion in funding for production May 16, 2024Mizuho Financial Group, Inc. Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara) aims to provide JPY 2 trillion in financing for the production and supply of hydrogen and related […]

ADNOC Delivers First Ever Bulk Shipment of CCS-Enabled Certified Low-Carbon Ammonia to JapanShipment, produced by Fertiglobe, delivered to Mitsui for use in clean-power generation, underscoring ADNOC’s efforts to support its customers to decarbonize Landmark achievement builds on previous demonstration cargos delivered by ADNOC as it accelerates development of global low-carbon hydrogen and ammonia value chains […]

Crescent Energy to Acquire SilverBow Resources for $2.1 Billion, Creating a Leading Growth Through Acquisition Company with a Premier Eagle Ford Position: Combined company to be the second largest operator in the Eagle FordCreates leading mid-cap E&P with scaled, balanced portfolio of high-quality assetsSubstantial free cash flow generation with disciplined capital allocation frameworkWell-positioned for further […]

StoneTurn Expands Energy Transition Offering with Subterra Renewables Collaboration: StoneTurn Enhances Service Offerings for Clients Pursuing Net Zero Goals Through Subterra’s Geothermal Business ModelMay 15, 2024 09:05 AM Eastern Daylight Time BOSTON–(BUSINESS WIRE)–StoneTurn, a leading global professional services firm, announced today expansion of its Energy Transition and Net Zero offerings through a new collaboration with […]

AEP Ohio Files Plan to Secure Grid Resources for Data Centers, Protect Residential Customers: GAHANNA, Ohio, May 13, 2024 /PRNewswire/ — AEP Ohio, an American Electric Power (Nasdaq: AEP) company, today filed with the Public Utilities Commission of Ohio in docket 24-508-EL-ATA a proposal that would create a new rate category for data center customers and […]