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ENERGY NEWS

Utility Global Raises $53 Million of Ongoing Series C Financing 

Utility Global, the off-gas-to-value company pioneering its proprietary eXERO™ gas production technology optimized for hard-to-abate industries, has raised $53 million of an ongoing Series C financing led by the OPG Pension Plan and joined by multinational steel company, ArcelorMittal S.A. (NYSE: MT), via its XCarb® Innovation Fund, alongside current investors Ara Partners and Aramco Ventures. READ MORE »

Ara Partners Launches New Strategy to Decarbonize Conventional Energy Value Chain in Partnership with HF Capital

Ara Partners, a global private equity and infrastructure firm that is decarbonizing the industrial economy, today announced the launch of a new strategy, Ara Energy Decarbonization, to decarbonize conventional energy assets across North America. Ara Energy Decarbonization is being launched in partnership with the Haslam family through its family office, HF Capital. The Haslam family, READ MORE »

TotalEnergies Starts Up its Largest Utility-Scale Solar Farms with Batteries in the United States

TotalEnergies has started commercial operations of Danish Fields and Cottonwood, two utility-scale solar farms with integrated battery storage located in southeast Texas. These new projects, with a combined capacity of 1.2 GW, are part of a portfolio of renewable assets totaling 4 GW in operation or under construction in Texas. Danish Fields is TotalEnergies’ largest solar READ MORE »

Octopus Energy invests in US solar developer

Octopus Energy’s generation division said on Friday it will invest in U.S. solar developer Circal to create 600 megawatts (MW) of new solar farms, as the UK-based company expands further in the U.S. renewables sector. Three months ago, Octopus Energy made its first investment in the U.S. market with the acquisition of solar farms in READ MORE »
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