industrynews

LevelTen Energy Closes $65M Series D Funding Round to Scale Transaction Infrastructure for the Next Phase of the Clean Energy Transition: Funds will support continued growth of the LevelTen Platform and finance the company’s expansion into new markets, including granular certificates and clean hydrogen, to accelerate carbon-free energy project deployment. SEATTLE, July 16, 2024 /PRNewswire-PRWeb/ […]

Dimension Energy Announces $3B Investment Over Next 5 Years; 500MW of Operating Community Solar Assets and $1.1B Invested by End of 2025Atlanta, GA – Dimension Energy, a leading community solar and battery storage developer, owner, and operator, today announced that the company will invest $3 billion over the next five years, with over 500 megawatts […]

CF Industries and POET to Demonstrate the Use of Low-Carbon Fertilizer in Corn Production to Reduce Carbon Intensity of Ethanol: July 15, 2024 08:45 AM Eastern Daylight Time NORTHBROOK, Ill.–(BUSINESS WIRE)–CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products and the world’s largest producer of ammonia, and POET LLC, […]

Southwest Airlines Signs Memorandum of Understanding With Archer Aviation to Develop Operational Concepts for Air Taxi Network: July 12, 2024 08:00 AM Eastern Daylight Time DALLAS & SANTA CLARA, Calif.–(BUSINESS WIRE)–Southwest Airlines Co. (NYSE: LUV) and Archer Aviation Inc. (NYSE: ACHR) have signed a memorandum of understanding (MOU) to develop operational plans for electric air […]

44.01 completes $37m Series A investment round$37m fundraise will enable technology development, commercialisation and international expansion 07/15/2024 $37m fundraise will enable technology development, commercialisation and international expansion Investors include climate investment leaders, geological carbon storage experts and technology developers 44.01’s technology already piloted in Oman and the UAE Potential for CO2 mineralisation on every continent […]

XGS Energy Acquires Premier Geothermal Drilling Services Company Capuano Engineering: Acquisition of Capuano Engineering positions XGS Energy to construct power infrastructure projects globally leveraging its proprietary water and geology-independent geothermal technology July 09, 2024 09:00 AM Eastern Daylight Time PALO ALTO, Calif.–(BUSINESS WIRE)–XGS Energy, an innovator in geothermal energy technology and project development, today announced […]

Amazon meets 100% renewable energy goal 7 years early: Source: Amazon All of the electricity consumed by Amazon’s operations, including its data centers, was matched with 100% renewable energy in 2023. In 2019, we set a goal to match all of the electricity consumed across Amazon’s global operations—including our data centers, corporate buildings, grocery stores […]

Construction begins on clean ammonia production facility in UAE, project loan agreement signed – Mitsui: Mitsui & Co., Ltd. (“Mitsui”, Head Office: Tokyo, President and CEO: Kenichi Hori), alongside TA’ZIZ (owned by Abu Dhabi National Oil Company (“ADNOC”)), Fertiglobe, and South Korea’s GS Energy Corporation, has agreed to commence construction of an ammonia production facility […]

Khaled bin Mohamed bin Zayed meets heads of global energy companies and witnesses signing ceremony for international partners joining ADNOC’s Ruwais LNG project Source: ADNOC His Highness emphasised that the UAE continues to make significant strides in addressing energy challenges through investment in clean and lower-carbon intensity projects bp, Mitsui & Co., Shell and TotalEnergies […]

Google and ENGIE sign five new cPPAs – ENGIE: Google and ENGIE have just signed a series of new Corporate Power Purchase Agreements (cPPAs) to provide Google’s digital  infrastructure portfolio in Belgium with more than 118 MW of renewable power. Google aims to achieve net-zero emissions and 24/7 carbon-free energy by 2030.To this end, ENGIE […]