New Jersey Resources Releases Q4 and Year-End Fiscal 2024 Results
New Jersey Resources Corporation has released its fiscal 2024 financial and operational results, showcasing significant growth and progress across its business segments. Highlights include: Fiscal 2024 Financial Performance For the fiscal fourth quarter: Operational Highlights Customer and Business Growth Fiscal…
NJR Clean Energy Ventures Sells Residential Solar Business
NJR Clean Energy Ventures (CEV), a clean energy subsidiary of New Jersey Resources, has announced the sale of its 91-megawatt (MW) residential solar portfolio to Spruce Power Holding Corporation for $132.5 million. The transaction marks a strategic move by NJR…
Clean Energy, LA County Open Expanded RNG Station in Carson
Clean Energy Fuels Corp. has unveiled the expansion of a renewable natural gas (RNG) fueling station in Carson, California, marking a significant step in advancing sustainable transportation. The station, located at 23924 S. Figueroa Street, was designed, built, and is…
Baker Hughes Boosts Namibian Operations with New Facilities
Baker Hughes, a leading energy technology company, has expanded its footprint in Namibia by inaugurating a state-of-the-art liquid mud plant, cement bulk facility, and integrated multi-modal facility at Walvis Bay. This significant investment aims to support the growth of Namibia’s…
National Grid Powers Up New Barking Substation
National Grid has officially energized its newly constructed 132kV indoor substation in Barking, delivering reliable electricity to 20,000 local homes and supporting the area’s low-carbon transportation infrastructure. This state-of-the-art facility enhances the resilience of East London’s electricity network and underscores…
Duke Energy Launches Carbon-Free Microgrid for Commercial Vehicle Fleets
Duke Energy has launched the Duke Energy + Electrada Fleet Mobility Microgrid in Mount Holly, a groundbreaking electrification center designed for the charging of commercial and public electric fleet vehicles. This project, the first of its kind in the U.S.,…
TAQA, JERA, and Al Bawani to Develop Two New Efficient Power Plants in Saudi Arabia
TAQA, JERA, and AlBawani Capital have signed two 25-year power purchase agreements (PPAs) with the Saudi Power Procurement Company (SPPC) to develop and operate two new combined cycle gas turbine (CCGT) power plants in Saudi Arabia, with a total capacity…
Iberdrola Invests in RTS to Develop Materials for Offshore Wind and Energy Renovations
Iberdrola, a global leader in renewable energy, has made a strategic investment in the start-up Revestimientos Técnicos Sostenibles (RTS) through its Perseo programme. This investment focuses on advancing RTS’s innovative solutions in manufacturing insulation and anti-corrosion coatings, with direct applications…
EIB and Iberdrola Secure €500 Million Loan for Smart Grid Expansion in Spain
The European Investment Bank (EIB) and Iberdrola have finalized a €500 million loan under the framework of the Regional Resilience Fund. This initiative is part of Spain’s Recovery, Transformation, and Resilience Plan (RTRP), supported by the Next Generation EU program.…
TotalEnergies and Oil India Partner on Methane Detection
TotalEnergies and Oil India Limited (OIL) have formalized a Cooperation Agreement to implement advanced methane emissions detection and measurement campaigns at OIL’s facilities in India. These efforts will utilize TotalEnergies’ cutting-edge AUSEA technology, a pioneering tool developed to enhance the…
Aramco and Rongsheng Petrochemical Sign Framework Agreement to Propel SASREF Expansion
Aramco, a global leader in energy and chemicals, along with its affiliate Saudi Aramco Jubail Refinery Company (SASREF) and an affiliate of Rongsheng Petrochemical Co. Ltd., has signed a Development Framework Agreement in Beijing, China. This agreement sets the foundation…
ExxonMobil Announces Expansion of Advanced Recycling Capacity
ExxonMobil (NYSE: XOM) has unveiled plans to invest over $200 million in the expansion of its advanced recycling facilities in Baytown and Beaumont, Texas. This initiative underscores the company’s commitment to addressing global plastic waste challenges and advancing circular economy…
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