industrynews

EnCap Investments Closes Fund XII at $5.25 Billion: EnCap raised a total of $6.4 billion associated with Fund XII, including $1.2 billion of co-investment for Fund XII portfolio companies Fund XII currently includes investments in 12 portfolio companies across major U.S. oil & gas basins October 21, 2024 08:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–EnCap […]

Biden-Harris Administration Announces $900 Million to Build and Deploy Next-generation Nuclear Technologies: WASHINGTON, D.C. — As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) today opened applications for up to $900 million in funding to support the initial domestic deployment of Generation III+ (Gen III+) small modular reactor […]

Honeywell Advanced Solvent Carbon Capture Technology To Be Tested at World’s Largest Test FacilityAn advanced solvent for post-combustion carbon capture developed through a partnership involving the University of Texas at Austin (UT Austin) and Honeywell is set for engineering-scale testing in October at the Technology Centre Mongstad (TCM), the world’s largest carbon capture test facility […]

Elevate Renewables Selected to Receive $27.5 Million in DOE Federal Funding for Innovative Use of Battery Energy Storage System Through “Green Sync” Inertia Project at Devon Generating Station in Milford, CT.: BOSTON, Oct. 18, 2024 (GLOBE NEWSWIRE) — Elevate Renewables (“Elevate” or the “Company”), a leading battery storage development company is pleased to announce that its […]

Trina Solar and EGO sign a Power Purchase Agreement in Italy for a 69MW portfolio: CHANGZHOU, China, Oct. 18, 2024 /PRNewswire/ — Trina Solar’s International Systems Business Unit (“Trina Solar ISBU”), the utility-scale solar and battery storage project development arm of Trina Solar Co, Ltd, has signed a 15-year Power Purchase Agreement (PPA) with EGO, […]

Biden-Harris Administration Announces Four Contracts to Boost Domestic HALEU Supply and Reinforce America’s Nuclear Energy Leadership as Part of Investing in America Agenda: WASHINGTON, D.C. — As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) today selected four companies to provide enrichment services to help establish a U.S. […]

Montana Renewables Receives $1.44 Billion Conditional Commitment from DOE for Renewable Fuels and Biomass Energy Facility: News provided by Calumet, Inc. Oct 16, 2024, 16:47 ET Montana Renewables to expand Sustainable Aviation Fuel capacity by 300 million gallons per year INDIANAPOLIS, Oct. 16, 2024 /PRNewswire/ — Calumet, Inc. (NASDAQ: CLMT) (“Calumet,” “we,” “our” or “us”) announced […]

Aspen Power Celebrates Completion of Two Maine Solar ProjectsAspen Power and partners gather in Maine for inauguration of two solar sites totaling 8.5 MW October 17, 2024 03:14 PM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Aspen Power, a leading distributed generation platform dedicated to building the clean energy future, held ceremonies this week to celebrate the […]

GridUnity’s DIGITAL Project Awarded $49.5 Million in Federal Funding to Accelerate Grid Interconnection: U.S. Department of Energy’s Grid Resilience and Innovation Partnerships (GRIP) Program Supports GridUnity’s Efforts to Modernize the U.S. Transmission System BOSTON, Oct. 18, 2024 /PRNewswire/ — GridUnity, a leader in grid modernization solutions, is proud to announce that its Digital Integration for Grid […]

Avangrid Subsidiary Awarded $31.8M Federal Grant to Deploy Cutting Edge Grid Technology: Grant from U.S. Department of Energy brings Central Maine Power and Avangrid’s total federal awards for Maine to nearly a half billion dollars in one yearWhen deployed, smart grid technologies will help connect more renewable energy to Central Maine Power’s electric grid October […]