Sunya

United States: TotalEnergies Invests in Sustainable Forestry Operations to Preserve Sustainable Carbon Sinks : August 30, 2024 09:12 AM Eastern Daylight Time PARIS--( BUSINESS WIRE )--Regulatory News: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed a $100 million agreement with Anew Climate, a North American leader in climate solutions, and Aurora Sustainable Lands, a carbon-stewardship company and forest landowner in the U.S. to deploy their projects aimed at protecting productive forests from heavy timber harvesting, advancing conversion to sustainable management practices, and enhancing their ability to store more carbon from the atmosphere. The investment supports Improved Forest Management (IFM) practices across a portfolio of 20 carbon projects, covering 300,000 hectares in 10 states across the U.S. (Arkansas, Florida, Kentucky, Louisiana, Michigan, Minnesota, New York, Virginia, West Virginia, and Wisconsin). Anew Climate and Aurora Sustainable Lands will provide opera...

Talos Energy Announces CEO Transition : HOUSTON , Aug. 30, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO ) today announced that Tim Duncan has stepped down from his role as President and Chief Executive Officer, effective August 29, 2024 . Joseph A. Mills , who has served on the Company's Board since March, 2024, will serve as interim President and Chief Executive Officer until a successor is in place. The Company's Board of Directors has initiated a search for a successor in partnership with a leading executive search firm. "On behalf of the Board and the entire Talos team, I want to express our gratitude to Tim for his invaluable contributions to the Company," said Neal P. Goldman , chairman of Talos' Board of Directors. "Currently, Talos stands as a leading exploration & production company in the Gulf of Mexico , backed by a dedicated team committed to safely and efficiently driving long-t...

IUC issues pipeline permit to Summit Carbon Solutions Wednesday, August 28, 2024 Press Release The Iowa Utilities Commission (IUC) has found that Summit Carbon Solutions, LLC (Summit Carbon), has substantially complied with the requirements of the IUC’s June 25, 2024, order regarding the company's application for a hazardous liquid pipeline permit and today has issued the permit under Iowa Code chapter 479B to Summit Carbon in Docket No. HLP-2021-0001. Today’s order issuing the permit does not modify the conditions Summit Carbon must establish in order to start construction. On June 25, 2024, the IUC issued its final decision and order regarding Summit Carbon’s petition for hazardous liquid pipeline permit. As a part of its decision, the IUC required Summit Carbon to make numerous compliance filings with the IUC. On August 5, 2024, Summit Carbon filed the compliance filings required by the IUC. The filings included revised petition exhibits. As it relates to the revised Exhibit H...

Last Energy Announces $40M Series B, Accelerates Deployment of First Microreactor Series B Closed Earlier In 2024, Led By Gigafund; Other Investors Include Autodesk Foundation, Family Offices D.C.-based Startup Also Reaches Commercial Agreements For 80 Micro-Nuclear Plants, 70 Full-time Staff Headcount August 29, 2024 Washington, D.C. — Last Energy , a full-service developer of 20 MWe micro-nuclear power plants, announced today that it raised $40 million for its Series B. The round, closed earlier this year, brings total capital raised to $64 million since the company’s founding in 2019. Last Energy’s Series B will enable the company to continue expanding its team and invest in project development as it works to deploy its first plant, targeting a 2026 online date. Investors for the round include Gigafund, the Autodesk Foundation, and a series of family offices. “2024 has been a monumental year for Last Energy so far,” said Bret Kugelmass, Founder and CEO of Last Energy. “In the last e...

Equinor scraps Spain, Portugal offshore wind plans as costs rise - Reuters STAVANGER, Norway, Aug 28 (Reuters) - Norwegian energy company Equinor (EQNR.OL) , opens new tab has cancelled its offshore-wind projects in Spain and Portugal, in addition to its previously announced exit from Vietnam , and could withdraw from more countries to rein in spending, an executive told Reuters on Wednesday. "We have been actively pursuing early-phase opportunities in a series of markets around the world, in different geographies, and we confirm that we are exiting Vietnam, Spain and Portugal," Equinor's head of renewables, Paal Eitrheim, said. Local media first reported the exit from Spain and Portugal on Tuesday. State-controlled Equinor needs to prioritise capital more than in the past given rising costs in the offshore wind sector, due to inflation, high interest rates and supply-chain delays. "It's getting more and more expensive, and we think things are going to ta...

PowerSecure announces 100% Renewable Fuel Initiative for Durham campus microgrid : DURHAM, N.C. , Aug. 29, 2024 /PRNewswire/ -- PowerSecure, a leading provider of innovative energy solutions and subsidiary of Southern Company, is proud to announce that its Durham campus microgrid will begin a 100% Renewable Fuel Initiative starting this month. This significant step aligns with the company's commitment to innovation and sustainability. "PowerSecure continues to bring new innovation to our customers with a commitment to a clean energy future," said PowerSecure CEO Chris Cummiskey . "The use of renewable fuels is a forward-thinking solution with sustainability benefits, including the displacement of carbon emissions. The deployment of renewable fuel at our Durham campus microgrid represents a major milestone for PowerSecure and the energy users and producers we serve." Under the 100% Renewable Fuel Initiative, the first step for the Durham site micro...

The Coalition for Green Capital is Open for Business Proposals as First U.S. National Green Bank August 22, 2024 With $5 billion to invest in public-private partnerships, CGC and its network are constructing a clean power platform to guarantee a healthier and better future for all Americans Today, the Coalition for Green Capital (CGC) announced that the first U.S. national green bank is open for business proposals. CGC is beginning direct and indirect investing through a national network of state and local green banks to accelerate clean power projects in every community, create jobs, reduce emissions, and improve the quality of life for all Americans. Today, CGC also announced its new senior management team and released its 2023 annual report , showing a record-breaking $10.6 billion invested in 2023, which is a $6 billion increase from 2022. Of the $10.6 billion, consortium partners contributed $5.2 billion of their own capital, joining that with $5.4 billion in private capital. Sinc...

Copenhagen Infrastructure Partners and SSE Thermal commence operations of Energy-from-Waste project Slough Multifuel : COPENHAGEN, Denmark , Aug. 23, 2024 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure IV (CI IV), and joint venture partner SSE Thermal (SSE) have successfully completed construction and commenced operation of the 60MWe Energy-from-Waste plant located within the Slough Trading Estate Greater London area in the United Kingdom. Slough Multifuel provides a sustainable and environmentally friendly waste management solution for the Greater London area by processing 480,000 tonnes of residual waste per year – and will contribute to the UK government’s strategy to reduce landfill and export of waste. The successful completion of Slough Multifuel ahead of time and below budget took place under challenging market conditions and exemplifies the synergies from a close collaboration between financial and industrial ...

Third Derivative and RMI Launch Industrial Innovation Cohorts to Accelerate Decarbonization of Steel, Cement, and Chemicals Boulder, CO— August 26, 2024 — RMI and Third Derivative are launching the Industrial Innovation Cohorts initiative supported by a $2 million grant from The Lemelson Foundation. Heavy industry produces the most widely used materials you see in your daily lives, from concrete and steel for buildings to chemicals and plastics for consumer products. Industry is responsible for 30% of global carbon pollution — and half of that is caused by the production of cement, concrete, iron, steel, chemicals, and plastics. Without innovation — and bringing that innovation quickly to commercialization — these industries could become the world’s biggest emitters within a decade. This initiative will assemble three groups of startups aimed at decarbonizing the cement, steel, and chemicals industries and provide resources to help them advance and scale novel technologies. While som...

Westinghouse Welcomes Approval of Four New AP1000® Technology-based Reactors in China : New Units at Bailong and Lufeng Bring Total Number of Operational and Approved China AP1000-Based Reactors to 16 August 29, 2024 09:26 AM Eastern Daylight Time CRANBERRY TOWNSHIP, Pa.--( BUSINESS WIRE )-- Westinghouse Electric Company congratulates China’s State Power Investment Corporation (SPIC) and China General Nuclear Power Corporation (CGN) for receiving approval from China’s State Council to add four AP1000® technology-based plants to their growing list of newbuild projects. This brings the total number of operational and approved reactors in China based on AP1000 technology to 16. Two reactors will be built as a part of the Bailong Nuclear Power Project, which is owned by SPIC in Guangxi Province. The project, which will include a total of six AP1000 technology-based units, can now begin construction at the site with preparatory groundwork. The other two units were approved for the Lufeng N...

Georgia Power determines locations for 500 MW of new battery energy storage systems approved in 2023 IRP Update : New resources will help company meet the energy needs of a growing Georgia ATLANTA , Aug. 29, 2024 /PRNewswire/ -- Georgia Power has identified locations for 500 MW of new battery energy storage systems (BESS) authorized by the Georgia Public Service Commission (PSC) earlier this year as part of the company's 2023 Integrated Resource Plan (IRP) Update. According to the company's recent filing  with the Georgia PSC, the portfolio of BESS resources proposed by Georgia Power helps address the resource needs identified in the 2023 IRP Update in a cost-effective and strategic manner. Each of the proposed resources will consist of 4-hour duration BESS. Once developed, these projects will serve as dispatchable capacity resources that will provide customers with a reliable and economical source of electricity for the winter of 2026/2027. These resources wi...

FlexGen Selected by Vitol Subsidiary VC Renewables to Deploy 2GWh of Energy Storage : Companies Announce Landmark Material Supply Agreement (MSA) for Massive BESS Capacity DURHAM, N.C. , Aug. 29, 2024 /PRNewswire/ -- FlexGen , a leading provider of advanced energy storage solutions and software technology, and VC Renewables , Vitol 's solar and storage development platform, have completed a landmark 2GWh Material Supply Agreement (MSA). VC Renewables is backed by Vitol , the world's largest independent energy trader with a global energy storage pipeline of more than 10GW. The agreement marks a significant step towards enhancing grid resiliency and reliability through innovative energy storage solutions. "In today's dynamic energy landscape, ensuring grid resiliency is paramount. By partnering with FlexGen, a bankable service provider known for its expertise in energy storage, we are confident in our ability to deliver robust solutions that fortify grid infr...

ONEOK to Acquire Medallion and Controlling Interest in EnLink from Global Infrastructure Partners in Transactions Valued at $5.9 Billion : Establishes fully integrated Permian Basin platform at scale Expands and extends footprint in Mid-Continent, North Texas and Louisiana Delivers immediate accretion to EPS and FCF supporting capital allocation strategy Provides significant synergies through complementary asset positions Maintains ONEOK's strong investment-grade credit ratings  ONEOK intends to pursue a tax-free acquisition of the EnLink  publicly held interests following the closing of this transaction  TULSA, Okla., Aug. 28, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE:  OKE ) ("ONEOK") today announced that it has executed a definitive agreement with Global Infrastructure Partners ("GIP") under which ONEOK will acquire GIP's entire interest in EnLink Midstream, LLC (NYSE:  ENLC ) ("EnLink"), consisting of 43% of EnLink's outstanding...