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Primergy Secures $588M in Project Financing and Power Purchase Agreement with Microsoft for 408 MW Solar Project in Texas

“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

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Automation Anywhere Saves Petrobras $120Million in 3 Weeks with Generative AI Automation

Automation Anywhere, a leader in intelligent automation solutions that put artificial intelligence (AI) to work across every aspect of an organization, announced that Petrobras realized $120 million in savings within three weeks, by using Automation Anywhere’s Automation Co-Pilot for Business Users to efficiently prepare and process its complex tax filings. Petrobras is the largest energy company in South America and Brazil, with more than

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Offshore Australian wind zone declared

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

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Bloom Energy Inc. Signs Agreements with Shell to Investigate Opportunities for Innovative Large-Scale, Renewable Hydrogen Energy Projects

Bloom Energy Inc. is teaming up with Shell Plc. (Shell) to study decarbonization solutions, utilizing Bloom’s proprietary hydrogen electrolyzer technology. Bloom and Shell will collaborate with the goal of developing replicable, large-scale, solid oxide electrolyzer (SOEC) systems that would produce hydrogen for potential use at Shell assets. “This technology could represent a potentially transformative moment

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Texas Tech Awarded $1.6M for Hydrogen Research

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,

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Upstream scope 1 & 2 emissions intensity down 12% since 2017, but more work is needed on absolute emissions

Despite the industry’s decarbonisation efforts, higher production volumes will push total value chain emissions to pre-pandemic levels by 2028 Scope 1 and 2 upstream emissions intensity has declined 12% since 2017, however, absolute emissions could plateau due to production growth, according to a new report from Wood Mackenzie. According to the report “Is upstream oil &

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Most businesses bullish on using generative AI to disrupt, but underestimate requirements: Study

A global study by MIT Technology Review Insights (MITTR) has found that while most businesses are seeking to disrupt their industries using generative AI, only a small proportion believe they have the right level of technology and other attributes such as funding, culture and skills to support its rapid adoption. Those with the most experience

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Robotics And Artificial Intelligence Revolutionizing Energy Infrastructure Maintenance

As the “Energy University” committed to shepherding an efficient and innovative energy transition, the University of Houston is offering a timely micro-credential course focused on artificial intelligence and robotics for energy integrity and maintenance. The course, titled “AI & Robotics for Energy Integrity,” runs from March 22 – April 12, 2024. Industries are increasingly adopting

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Amperon, today announces it is replatforming its technology onto Microsoft Azure to deliver AI technology for the energy sector.

Amperon, an AI-powered energy analytics and forecasting company, today announces it is replatforming its technology onto Microsoft Azure to deliver AI technology for the energy sector. With growing investments in renewables, increasing pressure from new load growth, and more extreme weather events, this collaboration will help companies successfully navigate the evolving grid to improve reliability,optimize

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Viaro Energy and newcleo sign MOU to deploy clean nuclear technology to decarbonise oil and gas sector

Viaro Energy Limited (Viaro), a London-based independent upstream energy company, and newcleo Ltd (newcleo), the clean and safe nuclear technology company developing innovative Generation IV reactors using nuclear waste as fuel, are pleased to announce a strategic partnership centred around the decarbonisation of the oil and gas sector through the deployment of cutting-edge low-carbon nuclear

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Field Automation Technology: Revolutionizing operations & logistics for the energy industry

While many industry technologies evolve at a lightning pace, streamlining and perfecting commodity transport is often overlooked. One industry leader is bringing technologies to market that will change this forever. Why prioritize and modernize Commodity Transportation? The energy industry is undergoing rapid multi-dimensional change. Industry standards for operations and logistics no longer suffice. Commodity transport

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Edmonton military base gets $45M in energy retrofit funds from federal government

The military base in Edmonton is getting millions of dollars in federal funding to upgrade its energy infrastructure. National Defence Minister Bill Blair and Randy Boissonnault, a cabinet minister who represents the Edmonton-Centre riding, announced $45.3 million for energy retrofits at Canadian Forces Base Edmonton. The Defence Department said in a news release that the

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