Renewables
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“The successful completion of this financing and a long-term PPA from Microsoft for Ash Creek is a testament to Primergy’s proven ability to creatively develop, finance, build, and operate large-scale renewables projects,” said Ty Daul, CEO of Primergy. “Ash Creek aligns with Primergy’s mission to invest in well-located projects that offer regional diversity to our
READ MORE »The Australian Federal Government has officially declared an offshore wind zone off western Victoria, the third officially declared offshore wind zone in the country. The zone could generate up to 2.9GW of offshore wind energy, enough to power over 2 million homes. After extensive consultation, the final area is 1,030km2 – one fifth of the originally
READ MORE »Two Texas Tech University professors in the Edward E. Whitacre Jr. College of Engineering have been awarded more than $1.6 million for pioneering research aimed at enhancing hydrogen production through innovative chemo-bio-physical stimulations. Danny Reible, the Donovan Maddox Distinguished Engineering Chair and a Horn Distinguished Professor, and Qingwang Yuan, an assistant professor in the Bob L. Herd Department of Petroleum Engineering,
READ MORE »Fervo Energy (“Fervo”), has announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas. This financing will unlock Fervo’s next phase of growth, deploying proven technology adapted from the oil and gas industry at scale to deliver commercially viable 24/7 carbon-free energy. Galvanize Climate Solutions,
READ MORE »Texas continues to add to its U.S.-leading portfolio of renewable energy projects, with two large solar power installations recently coming online. Clearway Energy Group on Feb. 22 said it had completed the 452-MW Texas Solar Nova complex in Kent County. The multimillion-dollar array, which was built in two phases, already has offtake agreements, including a
READ MORE »Clearway Energy Group announced today the completion of its 452 MW Texas Solar Nova complex in Kent County, Texas. The project, completed in two phases, will generate enough electricity to power over 190,000 homes each year. The $660 million investment in West Texas will contribute significantly to the local tax base, starting with an estimated
READ MORE »PLT Energia, one of the largest independent Italian groups in the renewable and energy storage sector, announced that its subsidiary PLT Energy US Corp has entered into a joint venture with GGS Energy LLC to develop more than 1 GW of renewable energy in Texas. The joint venture’s first project will be the development and construction
READ MORE »Lake Charles Methanol II gas announced plans to invest $3.24 billion to construct a new manufacturing plant that will produce low-carbon intensity methanol and other chemicals at the Port of Lake Charles. The company plans to use advanced auto thermal gas reforming technology and employ carbon capture and secure geologic storage to produce low-carbon hydrogen
READ MORE »Sandow Lakes Energy Company has announced its plans to pursue the construction of a 1200-megawatt, ultra-efficient, natural gas-fueled power plant. The plant, located on Sandow Lakes property in Lee County Texas, will be developed and owned by a Sandow Lakes Energy Company, LLC, subsidiary and will operate within the Electric Reliability Council of Texas (ERCOT). The plant will be
READ MORE »Sage Geosystems announced today the first close of $17 million in Series A funding led by Chesapeake Energy Corporation and joined by technology investor Arch Meredith, Helium-3 Ventures and with continued support from existing investors Virya, LLC, Nabors Industries Ltd., and Ignis Energy Inc. The proceeds will fully fund the first of its kind 3MW commercial Geopressured Geothermal System (GGS) facility, which will
READ MORE »Construction activities underway on additional 770 megawatts of battery storage projects in the U.S. Globally, RWE’s battery storage capacity now stands at about 700 MW RWE in the U.S., RWE is further expanding its green energy portfolio with the recent completion of three new battery energy storage systems (BESS) totaling 190 MW (361 MWh) in
READ MORE »Today at the Stanford Geothermal Workshop, Fervo Energy (“Fervo”) published early drilling results from its Cape Station project that exceed the Department of Energy’s (DOE) expectations for enhanced geothermal systems (EGS). These results substantiate the rapid learning underway in the geothermal industry and signal readiness for continued commercialization. Fervo began its drilling campaign at Cape Station, its
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