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Geothermal Power Project
2023-10-27
Eavor Completes $182 Million Equity Round to Advance Closed-Loop Geothermal
Simplified diagram of the Eavor-Loop system (source: Eavor Geretsried)Eavor Technologies Inc. (Eavor) has announced the successful completion of $182 million in funding following an equity round led by OMV AG, with participation from Canada Growth Fund (C
Geothermal Power Project
2023-10-27
Contract Finalized for Geothermal Study in Presidio County, Texas
Rio Grande river in Big Bend National Park, Texas (source: faungg's photos / flickr, Creative Commons)The Presidio Municipal Development District (PMDD) has authorized a contract with the University of Texas at Austin to conduct a geothermal feasi
Solar Power Plant
2023-10-27
182 MW Canadian Solar Portfolio Under Construction
(Courtesy: FLEXRACK)FLEXRACK by Qcells and Alltrade Industrial Contractors, a Canadian renewable EPC and construction services company, have partnered on a 182 MW portfolio of solar projects in Canada – including the largest behind-the-meter sol
Electric Vehicle Charging
2023-10-27
BP Buys $100 Million Worth of Tesla Chargers
Hollie Adams/Bloomberg/Getty ImagesAn electric vehicle charges on an ultra-fast 300KW BP Plc Pulse charger at NEC Group Gigahub public electric vehicle charging hub in Birmingham, UK, on Thursday, Sept. 7, 2023.Oil and gas company BP has agreed to purchas
Oil & Gas Trade
2023-10-27
Chevron's Mega Oil Deal More Expensive Than Exxon's
Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsExxon Mobil's (XOM.N) $59.5 billion deal to acquire oil and gas producer Pioneer Natural Resources (PX
LNG
2023-10-27
Venture Global Lng Can Start New Units at Lng Plant, Says Ferc
The U.S. Federal Energy Regulatory Commission (FERC) on Thursday agreed to a revised commissioning plan for Venture Global LNG's Calcasieu Pass facility, allowing it to turn on three processing trains while work on faulty power equipment continues
Offshore Wind Power
2023-10-26
Avangrid, CIP Secure USD 1.2 Billion in Capital for Vineyard Wind 1
Denmark-based Copenhagen Infrastructure Partners (CIP) and Avangrid have secured a USD 1.2 billion first-of-its-kind tax equity package for the 800 MW Vineyard Wind 1 offshore wind project in the US.The investment transaction, which CIP said is the larges
Electric Vehicle Battery
2023-10-26
Hyundai Announces 99.9% Of Foundation Work Is Complete at Its First Us EV and Battery Plant
On the one-year anniversary of breaking ground on its first EV assembly and battery plant in the US, Hyundai announced significant progress at the site.Hyundai began construction on its $5.5 billion electric vehicle and battery plant in Bryan County, Geor
Electric Vehicles
2023-10-26
Tesla Model Y Breaks Record in Denmark on Its Way to Being World's Best-Selling Car
Tesla Model Y has broken the record in Denmark for most sales ever in a year, and there are still two months to go.Expect to see more records like that, as the electric SUV will likely be the world’s best-selling car this year.Tesla Model Y is n
Biofuel
2023-10-26
EIA: Densified Biomass Fuel Production at 870,000 Tons in July
U.S. manufacturers produced approximately 870,000 tons of densified biomass fuels in July, according to the October edition of the U.S. Energy Information Administration’s Monthly Densified Biomass Fuels Report. Sales of densified biomass reache
Renewable Energy
2023-10-26
ACP Statement on New York Announcing 25 New Clean Energy Projects
The American Clean Power Association (ACP) released the following statement from Josh Kaplowitz, Vice President for Offshore Wind, after New York Governor Kathy Hochul announced the solicitation awards for three offshore wind and 22 land-based renewable e
Nuclear Reactor
2023-10-26
Bulgaria Is Launching the Construction of 2 US-Designed Nuclear Reactors
Bulgaria on Wednesday decided to expand the country's nuclear power generation as an alternative to fossil fuels by launching the construction of two additional reactors at its only nuclear power plant.The two new reactors, which will provide a to
Solar Panel
2023-10-26
Ground Broken on City of Fresno's Large Solar + Storage Project
The City of Fresno Department of Public Utilities (DPU) conducted a groundbreaking ceremony for the development of its on-site solar energy and battery storage portfolio, which is taking shape at three sites – the Fresno-Clovis Regional Wastewat
Offshore Wind Power
2023-10-26
Vineyard Wind 1 Gets $1.2b Capital Investment
Array cables from Vineyard Wind's 62 turbines will connect to the electrical service platform, where power will be routed to the two export cables that will bring clean, renewable energy to shore. (Courtesy: Vineyard Wind)Owners of the 800 MW Vine
Electric Vehicles
2023-10-25
Tesla Is Working On Controversial 'Congestion Fee' at Supercharger Stations
Tesla is planning a new congestion fee at Supercharger stations, and it’s building on top of an already controversial practice.Back in 2019, Tesla introduced a new feature at Supercharger stations to help shorten charging sessions during busy ti
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