industrynews

Ormat Commences Commercial Operation of Montague Energy Storage Facility, Delivering 20MW/120MWh of Energy Storage Capacity to the PJM Market: RENO, Nev., Dec. 30, 2024 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the successful commencement of commercial operations for its Montague […]

LPO Announces $1.45 Billion Loan Guarantee to Qcells to Finance a Solar Manufacturing Facility in GeorgiaThe Qcells facility will enable deployment of PV energy systems and domestic capability for critical parts of the solar supply chain. Loan Programs Office December 19, 2024 As part of the Biden-Harris Administration’s Investing in America agenda, the Department of Energy’s […]

OCED Announces up to $1.8 Billion in New Funding for Transformational Direct Air Capture TechnologiesThe U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) today opened applications for up to $1.8 billion in funding for the design, construction, and operation of mid- and large-scale commercial direct air capture (DAC) facilities and infrastructure access […]

Climate and Energy Analytics Startup Sunairio Raises $6.4 Million to Help Energy Sector Navigate Unprecedented Grid VolatilityDec 20, 2024, 09:00 ET With funding from leading climate venture capital, energy, and insurance investors, the round will allow Sunairio to grow its team and expand the availability of new climate simulation technology with 1,000 times the resolution […]

Isometric and Pachama partner on digital verification for reforestation creditsBringing market-leading dMRV to reforestation Ola SitarskaChief Technology Officer Isometric has selected Pachama as its first partner to bring their market-leading digital monitoring, reporting and verification (dMRV) services to reforestation credits. Effective deployment of technology is fundamental to delivering higher quality, transparent reforestation credits. Today, LiDAR […]

BAIYU Ventures into U.S. Automotive Parts and Energy Storage Lithium Battery Related Businesses: SHENZHEN, China, Dec. 24, 2024 /PRNewswire/ — BAIYU Holdings, Inc. has dispatched a professional operating team to launch a business in the dismantling of used cars and the sales of auto parts in the United States. The market size of the automotive […]

Sinopec Completes Construction of China’s Largest Petrochemical Industrial Base: Refining Capacity of the Base Surpasses 50 Million Tons per Year NINGBO, China, Dec. 25, 2024 /PRNewswire/ — China Petroleum & Chemical Corporation‘s (HKG: 0386, “Sinopec”) recently announced the mechanical completion of the second-phase expansion and advanced materials project at its Zhenhai Refinery. This milestone sets […]

Berry Corporation Announces Successful Completion of Refinancing Transactions, Extending Debt Maturities: DALLAS, Dec. 26, 2024 (GLOBE NEWSWIRE) — Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced the closing of a comprehensive refinancing of its existing indebtedness on December 24, 2024 (the “Transactions”), providing the Company with capital and liquidity to continue progressing Berry’s […]

NovoHydrogen to Bring Green Hydrogen to Pacific Northwest Hydrogen HubDecember 23, 2024 GOLDEN, Colo., December 23, 2024 —NovoHydrogen is pleased to announce that the Express Ranch Hydrogen project in Oregon has signed a subrecipient agreement to receive initial federal funding and commence activities for the first phase of the project. This initiative is part of […]

ADNOC Signs 15-Year, 0.6 mtpa Sales and Purchase Agreement with EnBW for Ruwais LNG Project December 16, 2024 Abu Dhabi SPA with one of Germany’s largest energy infrastructure operators converts previous Heads of Agreement into a binding agreement Over 8 mtpa of Ruwais LNG’s 9.6 mtpa production capacity is committed to international customers through long-term […]