Sunya

MOAJ Holding invests $30M in Joint Venture with MediSun Energy to Tackle Water Scarcity and Brine Challenges in Saudi Arabia : SINGAPORE , Sept. 30, 2024 /PRNewswire/ -- MediSun Energy and MOAJ Holding are pleased to announce the formation of MediSun Arabia, a joint venture designed to drive innovative energy solutions and tackle water scarcity in Saudi Arabia . As part of this strategic partnership, MOAJ Holding will invest USD 30 million to establish a cutting-edge manufacturing facility and co-develop a Saudi Brine Management Program with MediSun Energy. The venture will include the construction of a manufacturing hub to produce MediSun's WEGen stacks, critical components supporting renewable energy projects across the region. This facility will boost local industrial capabilities and play a central role in Saudi Arabia's renewable energy transition, aligning with Saudi Vision 2030. Additionally, MOAJ Holding will be the exclusive distributor of MediSun Energy...

DOE provides $1.5 billion loan guarantee to restart Holtec Palisades nuclear plant in Michigan Energy.gov Biden-Harris Administration Bringing Back Clean Nuclear Energy, Creating Clean Energy Union Jobs Across the Midwest $1.5 Billion Loan Guarantee from DOE Will Help First Ever Historic Restoration and Restart of a Nuclear Generating Station in Michigan $1.3 Billion in Grants from USDA Will Reduce the Cost of Clean Electricity for Members of Two Rural Electric Cooperatives President Biden’s Investing in America Agenda Supporting and Creating Over 2,000 Clean Energy Jobs While Also Helping to Provide More Reliable, Affordable, Clean Baseload Power to Families and Businesses Across the Midwest WASHINGTON, D.C. — As part of President Biden’s Investing in America agenda , the Biden-Harris Administration, through the U.S. Department of Energy (DOE) and U.S. Department of Agriculture (USDA), today announced more than $2.8 billion to support reliable, affordable, and clean power in the Midw...

BBVA forms a Strategic Partnership with KKR, investing $200 million in its Global Climate Strategy September 27, 2024 NEW YORK – September, 27th, 2024 – BBVA and leading global investment firm KKR have formed a new strategic partnership to support the decarbonization of the real economy. As part of the strategic partnership, BBVA has committed $200M (€187 million [1]) to KKR’s Global Climate strategy, which invests in solutions at scale to support the transition to a low-carbon economy. Both companies made the announcement during Climate Week , which is being held in New York this week. The strategic partnership will also seek to uncover new climate infrastructure-related investments, including opportunities that support the energy transition and electrification. Further, the strategic partnership will support respective firm’s complementary strengths, knowledge sharing and shared goals of advancing and accelerating the energy transition. “We are confident that the second part of thi...

OCI Global Completes Sale of Clean Ammonia to Woodside : OCI Global ("OCI") announces successful completion of the sale of 100% of its equity interests in its 1.1 million metric tonnes Clean Ammonia project under construction in Beaumont, Texas ("OCI Clean Ammonia" or the "Project"), to Woodside Energy Group Ltd ("Woodside") The transaction was valued at USD 2.35 billion on a cash-free debt-free basis ("Purchase Price") and followed a competitive process The closing marks a significant milestone in OCI's strategy to unlock value for shareholders AMSTERDAM , Sept. 30, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI), a leading global producer and distributor of hydrogen products is pleased to announce the successful closing of the divestment of its Clean Ammonia project in Beaumont, Texas to Woodside Energy Group Ltd, signed on 5 August 2024 , following the satisfaction of customary closing conditions and receipt of ...

Air Products Completes $1.81 Billion Sale of Liquefied Natural Gas Process Technology and Equipment Business to Honeywell : Strategic divestiture reflects Air Products' commitment to its industrial gases and clean hydrogen growth strategy All related assets, intellectual property, manufacturing capability, and personnel have successfully transferred to Honeywell LEHIGH VALLEY, Pa. , Sept. 30, 2024 /PRNewswire/ -- Air Products (NYSE: APD ) today announced it has completed the sale of its liquefied natural gas (LNG) process technology and equipment business to Honeywell for $1.81 billion in cash. First announced  in July 2024 , closing conditions for the transaction have been fully met and regulatory approvals received. The divestiture of the LNG process technology and equipment business is strategic, reflecting Air Products' firm focus on its two-pillar growth strategy to profitably grow its core industrial gases and related equipment businesses, and to deliver c...

TotalEnergies Enhances Gas Value Chain Integration by Acquiring Producing Assets in the Eagle Ford Basin 09/27/2024 Download the Press Release Paris, September 27, 2024 – TotalEnergies has signed an agreement with Lewis Energy Group to acquire a 45% interest in dry gas producing assets owned and operated by Lewis Energy Group in the Eagle Ford basin in Texas. The acquisition of these low cost and long plateau assets further strengthens TotalEnergies’ integration across the gas value chain in the US, and follows the Texas Dorado acquisition announced in April 2024. TotalEnergies further expands its natural gas production in the U.S. Located in Southwest Texas, the acquired assets have the potential to be developed to reach a sustainable gross production of around 400 Mcf/d by 2028. This is the second acquisition of non-operated shale gas assets in 2024 after the purchase of non-operated interest in the Dorado asset, located in the Eagle Ford basin and which was purchased from Lewis Ene...

RENEWABLE LAND ACQUIRES 435 ACRES IN OHIO LEASED TO SOLAR FARM : MANHATTAN BEACH, Calif. , Sept. 26, 2024 /PRNewswire/ --  Renewable Land is pleased to announce the acquisition of a 435-acre property in Putnam County, Ohio leased to the Blue Harvest Solar Park. The property hosts a 50-megawatt solar power plant operated by EDP Renewables, which supplies clean energy to Amazon as part of the company's initiative to power AWS data centers, corporate offices, and fulfillment centers with renewable energy. "We are excited to play a vital role in another premier renewable energy project, reinforcing our position as of one of the country's most active investors in land for solar, wind and battery storage facilities," said Alex Stone , President of Renewable Land. "This acquisition aligns with our mission to support the long-term growth of renewable infrastructure across the United States ." About Renewable Land Renewable Land Advisers, LLC is a rea...

Clean Energy to Build First Private Natural Gas Fueling Station for Houston METRO : Station to fuel up to 120 transit buses with clean CNG which provide over 51 million rides across the city September 26, 2024 06:30 AM Eastern Daylight Time HOUSTON & NEWPORT BEACH, Calif.--( BUSINESS WIRE )--Clean Energy Fuels Corp. (NASDAQ: CLNE ), the largest provider of the cleanest fuel for the transportation market, has announced a new agreement with the Metropolitan Transit Authority of Harris County (METRO), the region’s largest public transport provider, to build the agency’s first private compressed natural gas (CNG) fueling station. The new state-of-the-art facility will be the first of its kind and will exclusively serve up to 120 of METRO’s newest natural gas-powered transit buses operating busy routes throughout Houston and beyond. Under the new agreement, Clean Energy will design and build the new station, upgrade the current site’s bays, and provide operations and maintenance service...

Chesapeake Energy Corporation and Southwestern Energy Company Combination Expected to Close in the First Week of October : Hart-Scott-Rodino Act waiting period has expired Company to be rebranded as Expand Energy and trade on NASDAQ under "EXE" ticker symbol OKLAHOMA CITY and SPRING, Texas, Sept. 26, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK ) and Southwestern Energy Company (NYSE: SWN ) today announced the waiting period in connection with the companies' pending combination under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act") has expired. The companies expect the merger to close in the first week of October. CHK + SWN = Expand Energy Upon closing, the combined company will be the largest natural gas producer in the U.S. and assume the name Expand Energy Corporation. It will commence public trading on the NASDAQ under the ticker symbol "EXE" at the open of trading the day after closing. "The world is sho...

Fortescue signs US$2.8 billion green equipment partnership with Liebherr for zero emission mining solutions 25 September 2024 The partnership includes jointly developed technology that paves the way for carbon-free mining and features a total of 475 zero emission Liebherr machines – approximately 360 autonomous battery-electric trucks, presented to the industry at an exciting event at MINExpo; 55 electric excavators and 60 battery-powered dozers. As part of the deal, Liebherr and Fortescue will deploy a complete autonomous battery-electric haulage solution for large scale mining operations. A zero emission battery power system used in the battery-electric trucks has been developed by Fortescue Zero, Fortescue’s technology arm. Fortescue Zero’s battery power system will also be integrated into an electric version of Liebherr’s flagship mining dozer, the PR 776. The large scale zero emission mining ecosystem developed by Liebherr and Fortescue will be available to the rest of the mining ...

Cyclic Materials Secures USD $53M Series B Funding to Accelerate Global Expansion of Rare Earth Recycling Infrastructure : September 25, 2024 08:00 AM Eastern Daylight Time TORONTO--( BUSINESS WIRE )-- Cyclic Materials , the advanced recycling company creating a circular supply chain for rare earth elements (REEs) and other critical materials, today announced it has successfully closed an oversubscribed USD $53 million Series B equity round. The funding round was led by ArcTern Ventures and supported by new investors BDC Capital’s Climate Tech Fund, Hitachi Ventures, Zero Infinity Partners, Climate Investment, and Microsoft’s Climate Innovation Fund. Existing investors Fifth Wall, BMW i Ventures, Energy Impact Partners, and Planetary Technologies also participated in the round. This funding brings the company’s total equity raised to over USD $83 million and will enable Cyclic Materials to fast-track its international growth. Cyclic Materials will deploy this capital to build rare eart...

Eion Signs Deal to Deliver Carbon Removal Credits to Microsoft : Enhanced weathering process will deliver 8,000 tons of CO2 removal over five years Company raises Series A extension funding to further accelerate commercialization efforts September 24, 2024 08:00 AM Eastern Daylight Time OAKLAND, Calif.--( BUSINESS WIRE )-- Eion , a carbon removal company turning the proven science of enhanced rock weathering (ERW) into a scalable climate solution, today announced a contract to deliver 8,000 tons of permanent CO2 removal to Microsoft. With a group of large farmers in the Mid-Atlantic, Eion will soon deploy olivine—a naturally occurring and abundant mineral the company has optimized to weather quickly—on farmland after the fall harvest. Every ton of carbon removed as part of the purchase will be verified through Eion’s patented direct measurement approach, in accordance with third-party standards and verifiers, and will be delivered over the course of five years. Eion also announced it h...