Excelerate Energy, Inc. (NYSE: EE), a leading provider of floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) solutions, has formed a strategic partnership with PetroVietnam Technical Services Corporation (PTSC), a subsidiary of Vietnam Oil and Gas Group…
Point Energy Partners II (“Point Energy”) has announced the successful completion of its $1.1 billion all-cash sale of assets to Vital Energy, Inc. (NYSE: VTLE) and Northern Oil and Gas, Inc. (NYSE: NOG). Point Energy is a portfolio company of…
Xcel Energy is making significant strides toward its clean energy objectives, aiming to reduce emissions and support electric vehicles as the nation recognizes sustainability advancements this month. In conjunction with Climate Week NYC (Sept. 22-29), which promotes climate action, Xcel…
Minnesota Power, a division of ALLETE Inc., has announced plans to develop two major solar projects in northern Minnesota as part of its push toward a cleaner energy future and regional renewable energy investments. The projects, Regal Solar near Royalton…
Kraken, a leading end-to-end cloud, data, and AI platform for utility digitalization, has secured a five-year partnership with Champion Energy Services, LLC (Champion), a retail subsidiary of Calpine Corporation and one of the nation’s top retail electricity providers. Under this…
Economic Alternatives, Inc. (EAI Water), a leading provider of custom-engineered water treatment solutions, has announced the acquisition of Clearwater Industries, a water treatment company based in Shelton, Connecticut. This strategic move marks EAI’s expansion to the East Coast, solidifying its…
Altamaha Green Energy (AGE), a joint venture between Beasley Green Power, LLC and Rayonier Advanced Materials (RYAM), has announced that the Georgia Public Service Commission has certified its Power Purchase Agreement (PPA). This agreement authorizes AGE to generate and sell…
Pedro Azagra, CEO of Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, issued the following statement at the start of Climate Week NYC: “Under the leadership of Iberdrola’s Executive Chairman Ignacio Galán, Avangrid…
Global energy technology company SLB (NYSE: SLB) is enhancing its longstanding partnership with NVIDIA to develop generative AI solutions tailored for the energy industry. This collaboration aims to accelerate the creation and deployment of industry-specific generative AI foundation models across…
Iberdrola has officially opened the Saint-Brieuc offshore wind farm, France’s second largest, boasting a capacity of 496 megawatts (MW) and an annual production of nearly 2,000 gigawatt hours (GWh). This project will provide secure, local, and emission-free energy to approximately…
The U.S. Nuclear Regulatory Commission (NRC) has granted a subsequent license renewal for Florida Power & Light Company’s (FPL) Turkey Point Nuclear Power Plant Units 3 and 4, allowing these units to operate safely until 2052 and 2053. This important…
In light of recent commentary on the Korea Hydrogen Portfolio Standard auction, Bloom anticipates that shipment volumes to Korea will remain consistent in 2024 and the following years. The company expects its partner, SK ecoplant Co., Ltd., to purchase 500…