industrynews

X-ELIO supports Google on its path to decarbonisation with a 128 MW PPA in Texas: X-ELIO to provide Google with clean energy output from its Bell Renewable Energy Plant in Texas The agreement will allow Google to increase the use of clean energy in its Texas operations in support of its goal to run on 24/7 carbon-free energy […]

SLB achieves breakthrough results in sustainable lithium production Nevada demonstration plant integrates direct lithium extraction (DLE), concentration and conversion technologies to sustainably produce lithium at scale Integrated technology solution produces lithium from brine 500 times faster than conventional methods while using significantly less land, water and chemical reagents Verified results confirm recovery rate of 96% […]

Brookfield to Invest Up to $1.1 Billion in Infinium to Scale Ultra-Low Carbon eFuels: New investments secured for Infinium and company’s Project Roadrunner production plant to accelerate availability of sustainable aviation fuel SACRAMENTO, Calif., Sept. 10, 2024 /PRNewswire/ — Infinium, the world’s first producer of commercially available ultra-low carbon eFuels, and Brookfield Asset Management (NYSE: […]

Elum Energy Secures $13 Million in Series B Funding to Accelerate Growth and Innovation in Renewable Energy Management Worldwide: PARIS, Sept. 10, 2024 /PRNewswire/ — Elum Energy, a leading provider of advanced energy management solutions for renewable energy systems, has secured $13 million in Series B funding led by Energize Capital, with participation from existing […]

FIVE POINT ENERGY CLOSES FOURTH SPECIALTY INFRASTRUCTURE FUND WITH ~$1.4 BILLION IN CAPITAL COMMITMENTS: Firm leads the industry in building environmental water management, surface management and sustainable infrastructure platforms HOUSTON, Sept. 9, 2024 /PRNewswire/ — Five Point Energy LLC (“Five Point”), a leading private equity firm focused on building sustainable infrastructure, today announced the final […]

ENGIE and CarbonX join forces to scale the early market for permanent carbon removals through the investment of ENGIE New Ventures in the Paris-based startup. 9/5/2024 Carbon Dioxide Removal (CDR) is required to achieve global and national net zero targets, according to the Intergovernmental Panel on Climate Change (IPCC). While CDR cannot substitute for immediate […]

Schneider Electric collaborates with GR3N to tackle plastic recycling challenges and drive circularity in chemical sector: GR3N’s breakthrough new process to address current hard to recycle PET waste while meeting virgin-like quality Schneider Electric’s software-defined automation system enabling operational agility to scale from proof of concept to industrial level Together, companies are fostering innovation, driving […]

First Citizens Bank Serves as Co-Lead Arranger on $300 Million Credit Facility for Swift Current Energy: NEW YORK, Sept. 9, 2024 /PRNewswire/ — First Citizens Bank today announced that its Energy Finance business served as co-lead arranger on a $300 million senior secured credit facility for Swift Current Energy, a leading North American clean energy […]

Post Oak Energy Capital Provides Equity Commitment to Quantent Energy Partners: Quantent Completes Initial Haynesville Acquisition September 09, 2024 08:00 AM Eastern Daylight Time HOUSTON & OKLAHOMA CITY–(BUSINESS WIRE)–Post Oak Energy Capital, L.P. (“Post Oak”) today announced the closing of an equity commitment to Quantent Energy Partners, LLC (“Quantent”) from investment funds managed by Post […]

OCI Global Announces Agreement for the Sale of its Global Methanol Business to Methanex:  OCI Global (“OCI”, the “Company”) has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in its Global Methanol Business (“OCI Methanol”) to Methanex Corporation (“Methanex”), (the “Transaction”). Purchase price consideration of USD 2.05 […]