Positive Industry News and Events
Renewables
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LG Chem and ExxonMobil sign MOU for lithium offtake
Offtake agreement for up to 100,000 tons of lithium carbonate. Aims to strengthen the U.S. critical mineral supply chain. Contributes to domestic energy security, manufacturing, jobs and emission reduction. Lithium production contingent on supportive regulatory frameworks, among other factors. Spring, TX and Seoul, SK – Exxon Mobil Corporation (NYSE: XOM) and LG Chem have signed a […] More
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Standard Solar Expands California Presence with Acquisition of 25 MW Solar Project
Project to add more renewable energy to California’s grid and preserve a local Joshua Tree habitat Rockville, Md. – Standard Solar, a leading developer and owner of commercial and community solar assets, has acquired the 25 megawatt (MWdc) Windhub Solar B solar project from Balanced Rock Power (BRP), a developer specializing in large-scale renewable energy projects across the […] More
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Proposed $1.35 Billion for World’s Largest Ultra-Green Hydrogen Facility
Woodland Biofuels expects Phase 1 of the project to create 110 direct new jobs in St. John the Baptist Parish. The new facility would be located at the Globalplex multimodal facility at the Port of South Louisiana. Commercial operations of the new facility are projected to begin in 2028. RESERVE, La. – Woodland Biofuels (the […] More
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TotalEnergies Launches Major Solar Farms with Integrated Battery Storage in Texas
Houston/Paris, September 30, 2024 – Houston/Paris, September 30th 2024 – 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 […] More
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in 2024 Oil and Gas / Energy Events, Downstream News, Midstream News, Renewable Energy News, Upstream NewsD1 ADIPEC24 Global Ministers & CEOs Call for Accelerated Innovation & Collaboration
• ADIPEC 2024 kicks off in Abu Dhabi with a powerful message from Dr. Sultan Al Jaber, rallying the energy industry to lead the world to the next phase of sustainable socioeconomic growth. • Opening Ministerial and CEO panels confront urgent energy transition challenges and commit to collective action for a secure, equitable, sustainable energy […] More
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Elevate Renewables Secures $27.5 Million in DOE Funding
BOSTON, Oct. 18, 2024 (GLOBE NEWSWIRE) — Elevate Renewables has been selected to receive $27.5 million in federal funding under the U.S. Department of Energy’s (“DOE”) Grid Resilience and Innovation Partnerships (GRIP) Program for the Innovative Inertia Project at the Devon Generating Station in Milford, CT. The project seeks to reconfigure an existing fossil-fueled peaking […] More
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ExxonMobil and EV battery maker SK On sign MOU regarding U.S. produced Mobil™ Lithium
This Article is Brought to You by: SK On seeking multiyear supply, up to 100,000 metric tons, of lithium from ExxonMobil for U.S.-based EV battery manufacturing Agreement signals demand for domestically sourced MobilTM Lithium and marks a milestone in building out U.S. electric vehicle and battery supply chains. Domestic lithium production contributes to energy security, […] More
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$500 M investment Future Energy Fund III in emerging lower carbon technologies
Chevron’s Jim Gable recently discussed the company’s Future Energy Fund III at the BloombergNEF Summit. Jim Gable, president of Chevron Technology Ventures (CTV), recently spoke at a BloombergNEF event in New York. He talked about Chevron’s continued support for innovative energy technologies and businesses. Three key takeaways: CTV has launched its $500 million Future Energy […] More
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AGRA Industries and Carbon Clean partner to accelerate the adoption of carbon capture in the biofuels industry
This Article is Brought to you by: Carbon Clean’s CaptureX technology is proven across 49 sites globally and prefabricated, with 80% of the solution modularised and containerised. This substantially reduces on-site activity and installation time compared to open-plant construction. AGRA Industries provides a single source solution for engineering, procurement and construction (EPC) projects in multiple […] More
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