industrynews

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 […]

Honda Plants 85,000 Trees to Capture Carbon and Enhance Biodiversity Near its Ohio Operations: Tree-planting initiative will sequester carbon and provide watershed enhancement Honda partnering with local farmer to utilize tree-based conservation agricultural production techniques Tree-planting initiative will be called the “Honda Power of Dreams Forest” RAYMOND, Ohio, May 1, 2024 /PRNewswire/ — Honda today announced […]

bp’s Archaea Energy brings online its largest modular RNG plant to date in Kansas: The plant can convert 9,600 standard cubic feet of landfill gas per minute into lower-carbon renewable natural gas (RNG). Plant is expected to produce enough renewable natural gas to heat up to 38,000 homes annually, according to the EPA Landfill Gas […]

Frontier buyers sign $58.3M offtakes with Vaulted Deep: NEWS PROVIDED BY Vaulted May 01, 2024, 09:00 ET Vaulted will remove 152,480 tons of CO₂ between 2024 and 2027 on behalf of Frontier buyers. Of those, 18,321 tons are expected to be delivered in 2024. Vaulted’s approach offers 10,000+ year permanence, near-term scalability, local co-benefits and has […]