LNG and interconnectivity key to Europe’s long-term gas security, says Fitch Ratings by Released | Feb 2, 2023 LNG and infrastructure interconnectivity remain key to Europe’s long-term gas supply security.
United Airlines joins with Tallgrass and Green Plains to develop sustainable aviation fuel from feedstock by Kali Persall | Feb 2, 2023 United Airlines, Tallgrass and Green Plains Inc. have formed a new joint venture — Blue Blade Energy — focused on sustainable aviation fuel (SAF).
Michigan energy-storage technology company closes $300m funding round by Released | Feb 2, 2023 Our Next Energy Inc. (ONE), a Michigan-based energy-storage technology company, has closed a $300 million Series B capital raise at a post-money valuation of $1.2 billion.
ExxonMobil awards FEED contract for world’s largest low-carbon hydrogen production facility by Kali Persall | Jan 31, 2023 ExxonMobil has announced the next step in the development of the world’s largest low-carbon hydrogen production facility.
Chesapeake Utilities to provide natural-gas services to Florida community development by Released | Jan 30, 2023 Chesapeake Utilities Corp. has received approval from the Florida Public Service Commission, to provide natural-gas service to 4,000 new residences and businesses in Wildlight, a development in Nassau County, Fla.
N.J. energy transition-focused investor buys UK waste and recycling firm for $2.6b by Andrea Zander | Jan 27, 2023 Energy Capital Partners has completed the acquisition of Biffa plc.
Commodities: The outlook for fossil fuel demand under the IEA’s STEPs scenario by Andrea Zander | Jan 27, 2023 For the first time, the International Energy Agency (IEA projects a decline in world consumption of fossil fuels even under its most optimistic demand scenario, the Stated Policies Scenario (STEPS). Under STEPS, demand peaks by 2030.
ECL introduces world’s first fully green hydrogen-powered, off-grid data center by Released | Jan 26, 2023 Data center startup ECL has announced the world’s first modular, sustainable, off-grid data center that uses green hydrogen as its primary power source.
Rise Light & Power proposes repowering of Ravenswood for repurpose transmission infrastructure by Andrea Zander | Jan 25, 2023 Rise Light & Power has plans for a proposal in response to New York State’s offshore wind solicitation which will be the nation’s first renewable repowering of a major fossil-fuel plant with clean power from offshore wind.
Aypa Power receives $320m in debt for battery, hybrid projects by Andrea Zander | Jan 24, 2023 Aypa Power has closed $320 million of letter of credit and revolving credit facilities.
DTE Energy seeks 850 MW of solar and wind projects in Michigan by Andrea Zander | Jan 23, 2023 DTE Energy has plans to issue an RFP for new 850 megawatts of wind and solar projects in Michigan.
Longroad Energy moves forward with its largest solar and storage project by Kali Persall | Jan 20, 2023 Longroad Energy has broken ground on what will become the largest solar and storage project in the company’s operational portfolio.
Nikola launches first hydrogen fuel cell truck mobile fueler by Released | Jan 18, 2023 Nikola Corp. has developed an innovative, heavy-duty, 700 bar (10,000 psi) hydrogen mobile fueler capable of direct fueling hydrogen fuel cell electric vehicles.
NextEnergy Capital launches new solar fund with $1.5b target by Kali Persall | Jan 17, 2023 NextEnergy Capital has launched its fifth investment vehicle focused on the solar sector.
Ørsted to build large-scale solar PV project in Texas by Released | Jan 13, 2023 Ørsted has taken a final investment decision on Mockingbird and will start construction of the project this month.
U.S. Department of Energy offers $700m for Rhyolite Ridge Project by Released | Jan 13, 2023 Ioneer has finalized a term sheet and offer of a Conditional Commitment1 for a proposed loan of as much as $700 million from the U.S. Department of Energy (DOE) Loan Programs Office for financing the construction of the Rhyolite Ridge Lithium-Boron Project in Nevada.
Shell signs LNG deals in Oman by Andrea Zander | Jan 12, 2023 Oil and gas giant Shell has signed multiple partnership agreements with Oman’s Ministry of Energy and Minerals, Oman LNG and OQ (formerly Oman Oil Co.), in fields of liquefied natural gas (LNG) and hydrogen.
Duke Energy begins operating 207-MW Ledyard Windpower, its first wind project in Iowa by Released | Jan 11, 2023 of Duke Energy has placed into commercial operation the 207-megawatt (MW) Ledyard Windpower project in Kossuth County, Iowa.
Phillips 66 to pay $3.8b for DCP Midstream public units by Kali Persall | Jan 9, 2023 Phillips 66 has signed a definitive agreement to acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit.
CCI acquires stake in European battery-storage company by Released | Jan 9, 2023 Castleton Commodities International has acquired a majority stake in S4 Energy BV.
Raven SR, Chevron and Hyzon Motors collaborate to produce hydrogen from green waste in Northern California by Released | Jan 9, 2023 Raven SR and Hyzon Motors Inc. have plans to collaborate.
Silicon Ranch conducts $600m equity raise by Andrea Zander | Jan 6, 2023 Silicon Ranch Corp. has conducted a $600 million equity raise.
PG&E teams with Energy Vault to build and operate largest green hydrogen long-duration energy storage system by Andrea Zander | Jan 5, 2023 Energy Vault Holdings and Pacific Gas & Electric Co. (PG&E), a subsidiary of PG&E Corp., have partnered to deploy and operate a utility-scale battery plus green hydrogen long-duration energy storage system (BH-ESS) with a minimum of 293 megawatt-hours of dispatchable carbon-free energy.
Andros Capital Partners closes second energy fund at $750m by Andrea Zander | Jan 5, 2023 Andros Capital Partners has closed its second investment fund Andros Energy Capital II at its $750 million hard cap.
Hannon Armstrong invests in 1.3 GW renewables portfolio owned and operated by AES by Released | Jan 4, 2023 Hannon Armstrong Sustainable Infrastructure Capital has announced the close of two new programmatic investments in grid-connected renewable energy assets developed, owned and operated by The AES Corp.