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 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, 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 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 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 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, 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…
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 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, 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 (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…
UGI Corporation (NYSE: UGI) has announced its financial results for the fiscal year ending September 30, 2024, along with guidance for fiscal year 2025. Key Highlights: Leadership Comments: “Fiscal 2024 was a pivotal year for UGI as we embarked on…