industrynews

Copenhagen Infrastructure Partners’ South Korean offshore wind project Jeonnam 1 delivers first power Jeonnam Offshore Wind 1, a 96 MW offshore wind project off the coast of Shin-an, is the first commercial-scale offshore wind project in South Korea and is expected to reach commercial operations in 2025 November 18, 2024 01:00 ET| Source: Copenhagen Infrastructure […]

Copenhagen Infrastructure Partners and AMPIN Energy Transition expand partnership in India Copenhagen Infrastructure Partners and AMPIN Energy Transition expand existing collaboration with  USD ~300 million joint equity investments to enable the addition of ~2 GWp of renewable energy projects across India. This new partnership along with the existing one is creating a USD 2.7 to […]

CalPERS Climate Solution Commitments Surpass $53 BillionNovember 18, 2024 (916) 795-3991 – [email protected] SACRAMENTO, Calif. – CalPERS announced Monday it has committed more than $53 billion toward investing in climate solutions as part of a growing global transition toward a low-carbon economy. The milestone comes one year after CalPERS launched its $100 Billion Climate Action […]

ArcelorMittal provides update on its European decarbonization plans 26 November 2024 08:30 CET ArcelorMittal is today providing an update on its decarbonization plans in Europe. The Company has previously announced the intention to invest in lower carbon emissions “hydrogen ready” DRI-EAF facilities to replace several blast furnaces across our European business, as a key strategic […]

Momentum Technologies CEO Mahesh Konduru Named to ITAC 5 Committee on Critical Minerals and Non-Ferrous Metals: CARROLLTON, Texas, Nov. 26, 2024 /PRNewswire/ — Mahesh Konduru, CEO of Momentum Technologies, has been appointed by Secretary of Commerce Gina Raimondo and United States Trade Representative Katherine Tai to the Industry Trade Advisory Committee on Critical Minerals and […]

Fengate and Alpha Omega Power achieve financial close on 400MWh battery storage project in California: NIPOMO, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) — Fengate Asset Management (Fengate) and Alpha Omega Power (AOP) are pleased to announce the closing of a tax equity commitment with U.S. Bancorp Impact Finance, a subsidiary of U.S. Bank, on the […]

Vast Receives $30M from Australian Renewable Energy Agency for Green Technology to Decarbonise Australia’s Grid and Power Green Fuels Production: SYDNEY, Nov. 25, 2024 (GLOBE NEWSWIRE) — Vast Renewables Limited (“Vast”) (Nasdaq: VSTE) today announced it has signed an updated funding agreement to access up to $30 million of its existing $65 million grant from […]

Asphalt Ridge Option Period to Acquire Remaining 17.75% Working Interest Extended to February 10, 2025: Bakersfield, CA, Nov. 26, 2024 (GLOBE NEWSWIRE) — Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, today provided updates on its Asphalt Ridge Project in Uintah County, Utah. TPET announced on January 5, […]

Rivian Receives Conditional Commitment for up to $6.6 Billion Loan from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Program: November 25, 2024 11:05 PM Eastern Standard Time IRVINE, Calif.–(BUSINESS WIRE)–American all-electric automaker Rivian Automotive (NASDAQ: RIVN) today announced it has received conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle […]

Stegra and Axpo sign 2 TWh electricity deal: STOCKHOLM, Nov. 26, 2024 /PRNewswire/ — Axpo Nordic and Stegra have signed a power purchase agreement for the supply of electricity to Stegra’s integrated green hydrogen, green iron and green steel production plant in Boden, northern Sweden. Under the agreement, Axpo Nordic will supply 2.25 TWh of […]