industrynews

DOE Announces $1.25 Billion Loan to EVgo to Expand Nationwide Public Fast ChargingEVgo will add 7,500 Public Chargers to Nation’s Rapidly Growing Fast Charging Network Loan Programs Office December, 12 2024 As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of […]

Rio Tinto to invest $2.5 billion to expand Rincon lithium project capacity to 60,000 tonnes per year 12 December 2024 LONDON–(BUSINESS WIRE)– Rio Tinto has approved $2.5 billion1 to expand the Rincon project in Argentina, the company’s first commercial scale lithium operation, demonstrating its commitment to building a world-class battery materials portfolio. Rincon’s capacity of […]

Gravity Agrees to Sell Water Midstream Business to Delek Logistics: HOUSTON, Dec. 12, 2024 /PRNewswire/ — Gravity Oilfield Services Inc. (“Gravity” or the “company”), a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. (“Clearlake”), announced today that it has agreed to sell its Gravity Water Midstream division to Delek […]

Export-Import Bank of United States Issues LOI to Last EnergyDecember 13, 2024 Bank Confirms Willingness To Support South Wales Microreactor With $103.7M Debt Financing Letter Is First Such From EXIM For A Microreactor, Follows Review Of Last Energy’s Technology, Business Model, Manufacturing Plan ‍Washington, D.C. — Last Energy, an American cleantech startup aiming to become […]

Summit Carbon Solutions Secures Sequestration Permits from North Dakota Industrial CommissionMajor Milestone in Advancing the Critical Infrastructure ProjectAmes, Iowa [December 12, 2024] –Summit Carbon Solutions announced today that it has received three Class VI sequestration permits from the North Dakota Industrial Commission (NDIC), marking a critical step forward in the Midwest Carbon Express project. These […]

Boston Consulting Group Purchases Over 50,000 Tonnes of Carbon Removal to Advance Climate ActionDecember 12, 2024  The second largest durable carbon removal purchase to date for BCG, with delivery to be completed by 2026 Secures BCG’s position in the top ten global buyers of durable certified carbon dioxide removals, with nearly 200,000 tonnes to date […]

Crusoe Closes $600M in Series D Round at $2.8 Billion Valuation to Power AIDecember 12, 2024 Funding will support the buildout of Crusoe’s vertically integrated, purpose-built AI cloudSAN FRANCISCO – December 12, 2024 – Crusoe, the industry’s first vertically integrated AI infrastructure provider, today announced it has closed a $600 million Series D funding round. […]

BluSky Carbon Signs LOI for US$192 Million AR2 Biochar Project December 11, 2024 Second ten-year project proposal targets agricultural and land remediation in Northwest Arkansas OLD SAYBROOK, CT/VANCOUVER, BC / December 11, 2024 / BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF) (FWB: QE4 /WKN A401NM) (“BluSky” or the “Company”), an innovative entry into the carbon […]

NOG Enters into Appalachian Joint Development Program: HIGHLIGHTS Joint development program with existing Appalachian operator. NOG capital commitment not expected to exceed $160 million, for a 15% working interest at an average net revenue interest of 84% in the program Program to cover operator’s Appalachia drilling activities in calendar year 2025 Adds accretive natural gas […]

Convergent Energy and Power Closes Ground-Breaking Financing Facility from Mitsubishi UFJ Financial Group for its Distributed Energy Storage Project Pipeline: MUFG will provide programmatic funding to support the current and future construction of Convergent’s distributed generation portfolio December 11, 2024 09:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Convergent Energy and Power (Convergent), a leading provider […]