Strata Clean Energy Appoints Bob Schaffeld as President
Strata Clean Energy has appointed Bob Schaffeld as its new President. With over 30 years in the energy industry, Schaffeld has extensive experience, including the deployment of more than 5 GW of renewable energy in the past decade. He previously…
Infinity Water Solutions Launches America’s First Blue Financing Model
Infinity Water Solutions (Infinity) has unveiled its first-ever ‘Blue Circular Economy Financing Framework,’ making it the first U.S. company to launch a blue financing model focused on environmental impact, sustainability, and water conservation. Moody’s (NYSE: MCO) independently assessed and validated…
Bloom Energy Secures 20 MW Deal with FPM Development to Strengthen California Grid Resilience
Bloom Energy (NYSE: BE), a leader in solid oxide fuel cell (SOFC) and electrolyzer (SOEC) technology, has partnered with FPM Development to deploy 20 megawatts (MW) of Bloom’s SOFCs at two locations in Los Angeles. This project highlights Bloom’s ability…
Nodal Exchange Sets New Records in Power, Environmental, and Natural Gas Markets
Nodal Exchange reported record trading volumes in its power, environmental, and natural gas markets through October 2024. Power futures reached 2.6 billion MWh year-to-date, a 10% increase from the same period in 2023, with October’s volume alone up 23% at…
Indiana American Water Finalizes Acquisition of Silver Creek Water Corporation
Indiana American Water has finalized its $45 million acquisition of Silver Creek Water Corporation (SCWC) as of November 6, 2024. SCWC, a membership-owned utility, serves about 8,000 customers across Silver Creek and Carr Townships in Clark County, as well as…
Iceland at COP29: A Model for Renewable Energy and Climate Collaboration
Iceland’s business delegation is set to attend COP29 in Baku, Azerbaijan, to showcase its achievements in renewable energy and carbon capture, utilization, and storage (CCUS) technology. Led by Green by Iceland and supported by Iceland’s Ministry of Environment, Energy, and…
Cadre Holdings Announces Q3 2024 Financial Results
Cadre Holdings, Inc. (NYSE: CDRE), a global leader in safety equipment manufacturing and distribution for law enforcement, first responders, military, and nuclear markets, reported its Q3 and nine-month financial results for 2024. For Q3, Cadre posted net sales of $109.4…
Cummins Reopens Global Tech Center Hub in Columbus, Indiana
Cummins Inc. (NYSE: CMI) has officially reopened its renovated worldwide technical center hub office tower in Columbus, Indiana. Located at the Cummins Technical Center (CTC) on McKinley Avenue, the office tower had been largely untouched since it was first built…
Gulfport Energy Releases 2023-2024 Corporate Sustainability Report
Gulfport Energy Corporation (NYSE: GPOR) has released its 2023-2024 Corporate Sustainability Report, highlighting the company’s environmental, social, and governance (ESG) performance, as well as its continued efforts to reduce emissions across its operations. John Reinhart, President and CEO, stated, “As…
E2E Energy Solutions and Novus Earth Launch Geothermal Project in Alberta
E2E Energy Solutions and Novus Earth are partnering to develop the Latitude 53 Hinton Inc. geothermal project near Hinton, Alberta. This initiative marks a significant leap in geothermal energy development. Construction is set to begin in early 2025, with the…
SolarEdge Announces First Sale of Section 45X Credit
SolarEdge Technologies, Inc. (Nasdaq: SEDG) has announced the completion of its first sale of Section 45X Advanced Manufacturing Production Tax Credits, generating approximately $40 million, after fees and discounts. These credits were earned from the sale of U.S.-made inverters in…
Xcel Energy Completes Common Stock Offering with Forward Component
Xcel Energy Inc. (NASDAQ: XEL) announced the completion of its registered underwritten offering of 18,320,610 shares of common stock in connection with forward sale agreements. Barclays and BofA Securities served as the joint lead book-running managers, while Citigroup and Wells…