industrynews

Motive Energy Acquires Deep Cycle Battery San Diego, Expanding Local Presence in Southern California: NORTH LAS VEGAS, Nev., Jan. 22, 2025 /PRNewswire/ — Motive Energy, a leading provider of advanced power and energy solutions, has acquired Deep Cycle Battery San Diego, a trusted supplier of automotive, marine, RV, golf cart, and commercial batteries. This strategic […]

Halliburton Announces Fourth Quarter 2024 Results: Net income of $0.70 per diluted share.Revenue of $5.6 billion and operating margin of 17%.Cash flow from operations of $1.5 billion and free cash flow1 of $1.1 billion.Full year share repurchases of $1 billion.Full year 60% return of free cash flow to shareholders. January 22, 2025 06:45 AM Eastern […]

SandboxAQ and Aramco Sign AI Agreement: Companies sign agreement for the use of SandboxAQ quantitative AI models for increasing value of downstream products Agreement follows meeting during FII8 in Riyadh PALO ALTO, Calif. and DHAHRAN, Saudi Arabia, Jan. 22, 2025 /PRNewswire/ — SandboxAQ announced today it has signed an agreement with Aramco, one of the world’s […]

FlexGen Boosts Growth with $75 Million Revolving Credit Facility: RCF to Accelerate Energy Storage Growth Worldwide DURHAM, N.C., Jan. 22, 2025 /PRNewswire/ — FlexGen Power Systems, LLC (“FlexGen”), a leading provider of energy storage solutions and software technology, announced today that it has secured a revolving credit facility (RCF) with J.P. Morgan. The $75 Million […]

ESA Secures Permit Approval for 150 MW Standalone Battery Energy Storage System in Michigan: MIDLAND TOWNSHIP, Mich., Jan. 22, 2025 /PRNewswire/ — ESA, a leading innovator in clean energy solutions, has announced the successful permitting of the Salzburg Battery Storage Project, a 150 MW / 600 MWh standalone battery energy storage system (BESS) in Midland Township, Michigan. […]

Envana Secures Grant for $5.2M DOE Methane Mitigation Technology ProjectNews provided by Envana Software Solutions Jan 16, 2025, 09:05 ET “Emissions Reduction Technologies at Oil and Gas Production Facilities” Software Innovation HOUSTON, Jan. 16, 2025 /PRNewswire/ — “Envana Software Solutions” (Envana) has been awarded a $4.2 million grant by the “U.S. Department of Energy” (DOE) to […]

Gravity Announces $13M in Series A Funding to Automate Reporting and Accelerate Energy Optimization News provided by Gravity Jan 21, 2025, 07:30 ET Round led by Ansa Capital underscores industry need for an end-to-end carbon accounting platform that engages overlooked industries and drives business impact SAN FRANCISCO, Jan. 21, 2025 /PRNewswire/ — Gravity, the leading enterprise […]

Hydrogen equipment pioneer H2SITE successfully raises EUR36 million from a consortium of investors co-led by Hy24 and SC Net Zero Ventures The Series B Funding round is co-led by Hy24 and SC Net Zero Ventures who are joined by Breakthrough Energy Ventures, Enagas Emprende, Equinor Ventures, Exergon, Ezten, and MassMutal Ventures. The investment round will […]

KKR to Acquire Dawsongroup to Accelerate Growth and Support Fleet TransitionNew ownership will support Dawsongroup’s ambitious growth strategy and fleet transition in collaboration with existing management team January 21, 2025 04:00 AM Eastern Standard Time LONDON & MILTON KEYNES–(BUSINESS WIRE)–Dawsongroup (the ”Group”), a leading independent asset leasing business which provides a diverse range of business-critical […]

DOE Announces $100 Million for Pilot-scale Carbon ConversionFunding will Enable the Manufacture of More Sustainable Products With Long-Term Potential for Lower Costs and Superior Performance Office of Fossil Energy and Carbon Management January 15, 2025 WASHINGTON, D.C. – The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced up […]