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…
UGI Announces Strong Financial Performance for Fiscal 2024
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…
Argonne Pioneers $50M Initiative to Drive Sodium-Ion Battery Innovation
The U.S. Department of Energy (DOE) has awarded $50 million over the next five years to establish the Low-cost Earth-abundant Na-ion Storage (LENS) Consortium, led by Argonne National Laboratory. The consortium brings together top institutions, including Brookhaven National Laboratory, Lawrence…
City of Lincoln and Mayor Unveil Partnership to Develop Renewable Energy Facility
Mayor Leirion Gaylor Baird, along with Liz Elliott, Director of Lincoln Transportation and Utilities, recently unveiled a new renewable energy facility at the Bluff Road Landfill (6001 Bluff Road) designed to reduce greenhouse gas emissions. This facility will convert methane…
Avangrid Hosts Inaugural Hispanic Energy Roundtable to Support Community Engagement
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, hosted Connecticut’s first Hispanic Energy Roundtable, uniting over 15 Hispanic leaders to address energy-related challenges and opportunities. The event was moderated by Julio Fuentes, Chair…
MN8 Energy Completes Major Solar Project for Brown University
MN8 Energy has completed the Dry Bridge Solar facility, a milestone in Rhode Island’s renewable energy landscape and a critical step toward Brown University’s net-zero greenhouse gas emissions target by 2040. As one of the state’s largest solar projects, the…
DeepGreenX and Veea Forge Global Strategic Partnership
DeepGreenX Group Inc., an AI-powered green energy and technology innovator, has partnered with Veea Inc. (NASDAQ: VEEA), a leader in edge computing and AI-driven solutions, to introduce a transformative platform aimed at accelerating the global shift to sustainable energy. This…