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J.P. Morgan, Capital One Commit $260MM to Arizona Solar Project
Arizona’s Box Canyon solar project secured a $260 million tax-equity financing commitment from Capital One and an affiliate of J.P. Morgan.
Halliburton Leverages Century of Subsurface Experience for Hydrogen
Halliburton’s Nathan Snoke said the company’s 105 years of experience focused on the subsurface enables it to store hydrogen underground and at a lower cost.
New EPA Regulations Could Hinder Gas Plant Construction
The rules are designed to accelerate the retirement of coal plants, but they raise costs for new natural gas facilities.
Energy Transition in Motion (Week of Oct. 11, 2024)
Here is a look at some of this week’s renewable energy news, including nearly $7.9 million in bids for geothermal leases in Nevada.
Exxon Adds 270,000 Acres for Largest Carbon Storage Site in the US
Exxon Mobil has leased acreage on the Gulf Coast from the Texas General Land Office for carbon capture and storage.
8 Rivers Going Its Own Way on DAC, Zero Carbon Fuels
8 Rivers CEO Chris Richardson said the company is going its own way in developing direct air capture, converting coal and biomass into zero carbon fuel and producing low carbon blue ammonia.
DNV: Emissions Fall, Solar Soars, Oil Demand Shrinks 35% by 2050
The Norwegian risk manager spotlights the good and not so good in its latest global energy transition outlook, including predictions that half of all vehicles sold worldwide by 2031 will be electric.
Montauk Renewables, Emvolon Partner on Biogas-to-Methanol Project
The Texas project is designed to produce up to 15,300 gallons of green methanol per year, Emvolon and Montauk Renewables said.
India’s GAIL, AM Green Form Renewable Energy, E-methanol Partnership
The renewable energy projects in India will target solar and wind as GAIL and AM Green’s partnership will focus on lining up long-terms supplies of CO2 to produce e-methanol.
Equinor Acquires Nearly 10% Stake in Ørsted for $2.5B
Equinor becomes the second largest stakeholder in Ørsted with its $2.5 billion acquisition of the Danish company’s shares.