industrynews

DTE Energy announces an additional $100 million investment to rebuild the electric grid; part of DTE’s commitment to reduce outage frequency by 30% and cut restoration time in half by 2029: Detroit, Nov. 18, 2024 (GLOBE NEWSWIRE) — DTE Energy (NYSE:DTE) today announced the construction of three new electric substations as part of the company’s […]

IDB Invest Allocates $3.7 Billion from Sustainable Bonds to Drive Green and Social Impact: News provided by IDB Invest Nov 18, 2024, 06:00 ET Proceeds from 18 sustainable bonds issued were allocated to 109 green and social projects. Funds helped to finance 1.2 million MSMEs, create 145,000 jobs, and reduce over 11 million tons of […]

Corteva Announces Intent to Partner with bp to Develop Low Carbon Intensity Bio-Feedstock for Aviation Fuel Production: News provided by Corteva, Inc. Nov 18, 2024, 08:15 ET INDIANAPOLIS, Nov. 18, 2024 /PRNewswire/ — Corteva Inc. (NYSE: CTVA) announced today a collaboration with bp (NYSE: BP, LSE: BP.L) on the companies’ shared intent to form a […]

COP29: TotalEnergies, bp, Equinor and Shell join forces to help increase access to energy11/15/2024 Paris-London-Stavanger, November 15, 2024 – TotalEnergies, bp, Equinor and Shell announce a commitment to invest in support of the UN Sustainable Development Goal 7 (UN SDG7), which aims to ensure access to affordable, reliable, sustainable, and modern energy for all. The […]

EDF Group and Abraxas Power Corp. Announce Strategic Partnership for the Exploits Valley Renewable Energy Corporation Green Hydrogen and Ammonia Project in Newfoundland: TORONTO, Nov. 18, 2024 (GLOBE NEWSWIRE) — Abraxas Power Corp. (“Abraxas”), a leading energy transition developer, and EDF Group (“EDF”), a key player in the energy transition and a world leader in […]

MetGen integration with NewEnergyBlue will create full array of biochemicals refined from agricultural waste: LANCASTER, Pa. and KAARINA, Finland, Nov. 18, 2024 /PRNewswire/ — NewEnergyBlue, the clean-technology designer of biomass refineries that turn agricultural waste into highly decarbonized biofuels and biochemicals, and MetGen, the Finnish pioneer in advanced enzymes and lignin fractionization, today began integrating their […]

Commonwealth Fusion Systems Magnet Success Propels Fusion Energy Toward the Grid: The CSMC test shows the company can design, build, and operate both of its foundational electromagnet technologies needed to build its SPARC fusion machine. DEVENS, Mass., Nov. 18, 2024 /PRNewswire/ — Commonwealth Fusion Systems (CFS) announced today it successfully built and tested a record-breaking electromagnet […]

Aramco, SINOPEC, and Fujian Petrochemical break ground on new refining and petrochemical project in China: Greenfield project is expected to be fully operational by end of 2030  Integrated refining and petrochemical project aims to maximize chemical output  Complex expected to supply around five million tons per year of feedstock to Gulei Petrochemical Base DHAHRAN, Saudi Arabia, […]

Summit Carbon Solutions Secures North Dakota Pipeline PermitCritical Milestone Achieved for Carbon Capture and Storage Infrastructure ProjectAmes, Iowa (November 15, 2024) – Summit Carbon Solutions is pleased to announce that the North Dakota Public Service Commission has granted it a Route Permit*, a significant milestone in advancing Summit’s CO2 pipeline project. This decision highlights the […]

Bloom Energy Announces Gigawatt Fuel Cell Procurement Agreement with AEP to Power AI Data Centers: Deployment at scale will help meet data center customers’ sharply increasing AI loads Bloom’s clean and reliable fuel cell solution will be co-located at customer sites to rapidly enable AEP to meet the energy and economic development goals of its […]