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EQT: Glut of Low Carbon Tech Like ‘Manhattan Project on Steroids’
Executives at EQT, NOV and Oxy Low Carbon Ventures discussed technology, scalability and other energy transition needs at a recent SPE conference.
Canadian Solar Plans to Issue $200MM in Notes to Investor PAG
The transaction by Asia Pacific investment firm PAG is expected to close in the fourth quarter of 2024, subject to closing conditions, Canadian Solar said in a news release.
NOVA Completes Acquisition of Solar Group UGE International
When the deal was announced in May, NOVA Infrastructure agreed to acquire approximately 70% of UGE International’s common shares.
Energy Transition in Motion (Week of Aug. 16, 2024)
Here is a look at some of this week’s renewable energy news.
Winded: Ørsted Books More Impairments, Delays US Offshore Project
Danish offshore wind developer Ørsted booked about $574 million in impairments and scrapped a green fuels project in Europe.
Ormat Signs Tolling Agreements for Two Energy Storage Facilities in Texas
Ormat Technologies Inc. has signed two seven-year tolling agreements with clean power company Equilibrium Energy for the Lower Rio and Bird Dog energy storage facilities.
Equinor, Dominion Place Winning Bids in US Offshore Wind Sale
The offshore wind lease sale for two areas in the Central Atlantic brought in nearly $93 million, according to the U.S. Bureau of Ocean Energy Management.
Ameresco to Build RNG Plant in Utah
Ameresco’s RNG plant will be located at the Davis Landfill in Layton, Ohio, according to a news release.
Cashing in on Trash: RNG Developers Advance Projects, Some See Delays
Companies such as BP’s Archaea and WM are moving forward with landfill gas-to-RNG projects as others seek to convert dairy waste into fuel.
Sage Selects Texas Site for Geopressured Geothermal System
Sage Geosystems said its 3-megawatt storage system will be paired with renewable energy to provide baseload and dispatchable power to the ERCOT.