industrynews

TPG Rise Climate to Acquire Olympus Terminals, Leading Renewable Fuels Logistics Provider: Modernized Import Infrastructure & Storage Firm Critical for Enabling Decarbonized Transportation May 07, 2024 09:33 AM Eastern Daylight Time SAN FRANCISCO & LONG BEACH, Calif.–(BUSINESS WIRE)–TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, today announced […]

Capital Power pulls plug on proposed $2.4B carbon capture and storage project: Edmonton-based Capital Power Corp. says it is no longer pursuing its proposed $2.4-billion carbon capture and storage project at its Genesee natural gas-fired power plant. The company says it has decided the project is technically viable but not economically feasible. Capital Power says […]

Deriva Energy Collaborating with Brookfield to Deliver Renewable Power to Microsoft: CHARLOTTE, N.C., May 6, 2024 /PRNewswire/ — Deriva Energy, a Brookfield portfolio company, is pleased to announce its participation in the recently announced global renewable energy framework agreement between Brookfield and Microsoft Corporation to deliver over 10.5 gigawatts of renewable energy to Microsoft worldwide. […]

DOE Announces up To $500 Million To Build a Safe and Reliable Carbon Dioxide Transportation System: WASHINGTON, D.C. — As part of President Biden’s Investing in America agenda, the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced up to $500 million available for projects that will help expand carbon […]

Department of Energy Awards $5 Million to Avium to Further Develop High-Performing Electrolyzer Stacks: Avium’s award will advance the development of high-performing hydrogen electrolyzers that operate at efficiencies far beyond existing systems, accelerate the commercialization of low-cost, high-efficiency alkaline water electrolyzer stacks, and strengthen domestic manufacturing and clean energy competitiveness. Avium’s technology enables field regeneration […]

Zanskar Raises $30 Million to Accelerate Discovery of Geothermal Energy for Clean and Affordable Power: May 06, 2024 02:39 PM Eastern Daylight Time SALT LAKE CITY–(BUSINESS WIRE)–Zanskar Geothermal & Minerals (”Zanskar”), the leading geothermal exploration company, announced today the closing of $30M in new funding led by Obvious Ventures. The round, which includes participation by […]

Stockholm Exergi announces permanent carbon removal agreement with Microsoft, world’s largest to date: STOCKHOLM, May 6, 2024 /PRNewswire/ — Stockholm Exergi today announced that it has signed a contract with Microsoft covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The agreement represents the world’s […]

Tallgrass Announces Open Season for the Trailblazer CO2 Pipeline: May 03, 2024 09:48 AM Eastern Daylight Time DENVER–(BUSINESS WIRE)–Trailblazer CO2 Pipeline, LLC (“Trailblazer”), operated by Tallgrass, announced a binding open season for commitments for transportation of customers’ carbon dioxide gas captured at origins in Nebraska in exchange for incentive tariff rates. This open season will […]

U.S. Department of the Treasury, IRS Release Guidance to Drive American Innovation, Cut Aviation Sector Emissions SOURCE: US DEPARTMENT OF TREASURY April 30, 2024 Biden-Harris Administration Partners Announce Updated GREET Model to Measure Lifecycle Emissions from Sustainable Aviation Fuels WASHINGTON – Today the U.S. Department of the Treasury and Internal Revenue Service (IRS) released guidance […]

Carbon Clean achieves fabrication milestone on FlagshipONE with the project’s first carbon capture unit module April 30, 2024  Carbon Clean, a leader in revolutionising carbon capture solutions, has achieved a fabrication milestone on Ørsted’s FlagshipONE project, Europe’s largest commercial-scale eMethanol facility under construction. The first equipment has been mounted on the structural steel of the […]