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Carbon Emissions
2024-02-02
Climate Software Firm Watershed Raises $100 Million in New Funding Round
Climate software company Watershed has raised $100 million in a Series C funding round led by investment firm Greenoaks, valuing the company at $1.8 billion.Sequoia Capital, Kleiner Perkins, and Galvanize Climate Solutions also participated in the round,
Power Construction
2024-02-02
E.ON Posts $10 Billion Core Profit on Grid Business, Buffer Release
A shareholder carries a bag with the logo of E.ON during the company's annual shareholders meeting in Essen, Germany May 10, 2017. REUTERS/Thilo Schmuelgen/File Photo Acquire Licensing RightsE.ON (EONGn.DE), opens new tab, Europe's biggest
Energy Saving
2024-02-01
Building Enters Partnership With International Environment NGO to Focus on Energy Efficiency in the Built Environment
Work with Climate Group will include thought leadership and insight content, research, and eventsBuilding’s publisher Assemble Media Group has entered a strategic partnership with the international NGO Climate Group, to highlight the huge transi
United States
2024-02-01
Oil Nudges Higher on Fed Rate Cut Expectations
An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. Kyodo/via REUTERS Acquire Licensing RightsOil prices climbed on Thursday, supported by signals from the U.S. Feder
Nuclear Technology
2024-02-01
Orano to Supply Dry Storage Systems to Xcel Energy
TN Americas - a subsidiary of Orano USA - has been awarded a contract by Xcel Energy to provide NUHOMS dry fuel storage systems to the Monticello and Prairie Island nuclear power plants, both in Minnesota.Representatives from Orano and Xcel Energy at the
SMR
2024-02-01
Saskpower-GEH Agreement to Advance SMR Development
Canadian Utility SaskPower and GE Hitachi Nuclear Energy (GEH) have signed an agreement to advance small modular reactor (SMR) development in Saskatchewan. In June 2022, SaskPower selected GEH's BWRX-300 as the technology to be used in its SMR dev
Nuclear Power Plant (NPP)
2024-02-01
Ontario Minister Confirms Pickering Refurbishment Plans
The provincial government is supporting Ontario Power Generation (OPG) to go ahead with the refurbishment of units 5-8 at the Pickering nuclear power plant. OPG will now begin the initiation phase of the project.Todd Smith announces the refurbishment plan
Wind Farm
2024-02-01
Iberdrola Is to Build Its First Onshore Wind Farm in Oklahoma and Expand Its Us Presence to 25 States
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced its first renewable energy project in Oklahoma. Pontotoc Wind, a 147.5 MW wind farm with 33 wind turbines, powering 40,000 homes, will be c
Solar Power Plant
2024-02-01
Vesper Energy Gets $590M Financing for 600 Mwac Texas Solar Project
(Solar and Wind Grid Services and Reliability Demonstration. Credit: DOE)Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, has announced the closing of financing for its 600 MWac Hornet Solar project, which will cov
Solar Power Plant
2024-02-01
Solar and Wind PPA Prices Rise in North America Amid Economic Uncertainty
Red Lake Falls wind and solar farm in Minnesota (Courtesy: GE Renewable Energy)North American P25 power purchase agreement (PPA) offer prices rose by 4% in Q4 of 2023, according to a new report from LevelTen Energy, a PPA marketplace operator. P25 solar P
LNG
2024-02-01
Republican Says US House to Vote on Reversing Biden's LNG Exports Pause-Bloomberg
U.S. President Joe Biden looks on as he delivers remarks, during a campaign event focusing on abortion rights at the Hylton Performing Arts Center, in Manassas, Virginia, U.S., January 23, 2024. REUTERS/Evelyn Hockstein Acquire Licensing RightsThe U.S. Ho
Nuclear Power Plant (NPP)
2024-02-01
Holtec to Get $1.5 Bln Loan to Re-Open Michigan Nuclear Power Plant -Source
Holtec International is set to get a $1.5 billion conditional loan in February from the U.S. Energy Department to help it restart the Palisades nuclear power plant in Michigan, a person with knowledge of the matter said on Tuesday.The loan from the Depart
Biofuel
2024-01-31
EIA: Densified Biomass Fuel Production Reaches 980,000 Tons in October
U.S. manufacturers produced approximately 980,000 tons of densified biomass fuels in October, according to the January edition of the U.S. Energy Information Administration’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fue
Offshore Wind Power
2024-01-31
Ingeteam Reaches 13 GW in India and Brazil in the Wind Energy Industry
Ingeteam expanded its global presence in 2018, when it opened its production centre in India dedicated to the wind energy industry, and since 1999 it already had its wind power converter manufacturing plant in Brazil.Its plants in Brazil and India provide
Wind Farm
2024-01-31
Utility Avangrid Launches Onshore Wind Farm Project in Oklahoma
Avangrid (AGR.N), opens new tab, the U.S. unit of Spain's Iberdrola (IBE.MC), opens new tab, announced its first onshore wind project in Oklahoma, a 147.5 MW wind farm with 33 turbines called Pontotoc Wind, on Tuesday.While the race to reduce the
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