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Envana Secures Grant for $5.2M DOE Methane Mitigation Technology Project News provided by  Envana Software Solutions Jan 16, 2025, 09:05 ET "Emissions Reduction Technologies at Oil and Gas Production Facilities" Software Innovation HOUSTON, Jan. 16, 2025 /PRNewswire/ -- "Envana Software Solutions" (Envana) has been awarded a $4.2 million grant by the "U.S. Department of Energy" (DOE) to advance oil and gas methane monitoring and mitigation technologies. The funding is part of the DOE's Methane Emissions Reduction Program under " Funding Opportunity Announcement" (FOA) 3256 : Methane Emissions Reduction Program Oil and Gas Methane Monitoring and Mitigation. The $5,261,685 Envana grant comprises $4,209,348 of federal funding and $1,052,337 of non-federal funding. Envana's project, "Software for Methane Leak Detection Using Supervisory Control & Data Acquisition (SCADA) Data to Guide Mitigation" was selected as one of the solu...

Gravity Announces $13M in Series A Funding to Automate Reporting and Accelerate Energy Optimization News provided by  Gravity Jan 21, 2025, 07:30 ET Round led by Ansa Capital underscores industry need for an end-to-end carbon accounting platform that engages overlooked industries and drives business impact SAN FRANCISCO, Jan. 21, 2025 /PRNewswire/ -- Gravity , the leading enterprise carbon accounting and energy management platform, today announced a $13M Series A funding round, bringing the company's total funding to over $20M. The round was led by Ansa Capital, with participation from existing investors Eclipse, Hanover, and Caffeinated Capital, along with new investors Communitas Capital, Buoyant Ventures, and WEX Venture Capital. As part of the round, Marco DeMeireles, Co-Founder and Managing Partner of Ansa Capital, will join Gravity's board of directors. Amidst a surge in carbon reporting requirements, sustainability teams are drowning in disclosure obligations, with littl...

Hydrogen equipment pioneer H2SITE successfully raises EUR36 million from a consortium of investors co-led by Hy24 and SC Net Zero Ventures The Series B Funding round is co-led by Hy24 and SC Net Zero Ventures who are joined by Breakthrough Energy Ventures, Enagas Emprende, Equinor Ventures, Exergon, Ezten, and MassMutal Ventures. The investment round will support the next phases of H2SITE’s innovative hydrogen technology deployment, focusing on scaling up to multi tons per day reactors in operation by 2026. H2SITE’s solution addresses the challenges of transporting hydrogen, making the technology more accessible and creating significant cost savings. January 21, 2025 02:42 AM Eastern Standard Time BILBAO, Spain--( BUSINESS WIRE )--H2SITE, a deep-tech pioneer of hydrogen separation solutions, announces today the successful closing of its Series B funding round at EUR36 million from a consortium of investors, combining strategic and financial investors focused on the next growth phase. H...

KKR to Acquire Dawsongroup to Accelerate Growth and Support Fleet Transition New ownership will support Dawsongroup’s ambitious growth strategy and fleet transition in collaboration with existing management team January 21, 2025 04:00 AM Eastern Standard Time LONDON & MILTON KEYNES--( BUSINESS WIRE )--Dawsongroup (the ”Group”), a leading independent asset leasing business which provides a diverse range of business-critical solutions, and KKR, a leading global investment firm, today announce that KKR has entered into a binding agreement with the shareholders of Dawsongroup to acquire the Group. The acquisition will be made as part of KKR’s Global Climate strategy, dedicated to scaling net-zero solutions and transitioning and decarbonizing higher emitting assets, which closely aligns with Dawsongroup’s long-term sustainability-led ambitions. Headquartered in Milton Keynes, UK, Dawsongroup has developed a solid platform with first-rate supplier relationships, a diversified customer ba...

DOE Announces $100 Million for Pilot-scale Carbon Conversion Funding will Enable the Manufacture of More Sustainable Products With Long-Term Potential for Lower Costs and Superior Performance Office of Fossil Energy and Carbon Management January 15, 2025 WASHINGTON, D.C. – The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced up to $100 million in federal funding for large-scale conversion of carbon emissions captured from industrial operations and power plants into environmentally responsible and economically valuable products. Provided by the Bipartisan Infrastructure Law, the funding will advance the pilot scale testing of carbon conversion technologies with high technology readiness levels (TRLs) capable of achieving significant carbon mitigation via biological, catalytic, or mineralization pathways. “Carbon conversion technologies enable the transformation of captured carbon emissions into sustainable and economically valuable p...

DOE Invests $101 Million to Establish Carbon Capture, Removal, and Conversion Test Centers Five projects will help establish test centers to cost-effectively research and evaluate technologies to capture and convert carbon dioxide into products from utility and industrial sources or remove carbon dioxide from the atmosphere Office of Fossil Energy and Carbon Management January 14, 2025 WASHINGTON, D.C. – The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced $101 million in federal funding for five projects to support the development of carbon dioxide (CO2) capture, removal, and conversion test centers for cement manufacturing facilities and power plants. Accelerating the responsible development and deployment of technologies to capture CO2 emissions from industrial operations and power generation and to remove CO2 directly from the atmosphere will help reduce CO2 emissions, provide new job opportunities, and strengthen the Nation’s e...

Orennia completes Series C funding led by Decarbonization Partners January 21, 2025 08:30 ET | Source: Orennia CALGARY, Alberta, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Orennia Inc. today announced the closing of its Series C growth financing, led by Decarbonization Partners, a partnership between BlackRock and Temasek, with participation from existing investors. Orennia provides accurate data, trustworthy analytics and actionable research for power, renewables, data centers, clean fuels and carbon capture in its next-generation platform, Ion_AI. Purpose-built with artificial intelligence at its core, the Ion_AI platform delivers insights to users at unrivaled scale and speed. Orennia’s approach combines data, analytics and artificial intelligence with best-in-class customer support to help our clients make smarter decisions. “In an industry where many technology providers fall short of their claims, we are proud to stand out as a leader,” said Brook Papau, CEO and co-founder of Orennia. “Th...

Vecino Energy and DRW Energy Trading Announce Agreement to Develop and Anchor South Texas Salt Dome Storage Project With Connectivity to Agua Dulce : January 21, 2025 08:30 AM Eastern Standard Time SAN ANTONIO, Texas--( BUSINESS WIRE )--Vecino Energy Partners, LLC (“Vecino”), a portfolio company of EnCap Flatrock Midstream, and DRW Energy Trading LLC (“DRW”) have entered into a Memorandum of Understanding (“MOU”) outlining certain material terms and conditions supporting the development of the Piedras Pintas Salt Dome (“Piedras Pintas”) for intrastate natural gas storage service. Upon final investment decision (“FID”) and execution of definitive agreements, Vecino will construct a greenfield hydrocarbon storage project on Piedras Pintas in Duval County, Texas. Vecino controls enough surface and mineral interests to develop both a gas and liquids storage business rivaling the premier facilities on the Gulf Coast with room for over 50 billion cubic feet (Bcf) of high-deliverability natur...

New Era Helium and Sharon AI Finalize Newly Created Joint Venture, Texas Critical Data Centers LLC, To Build 250MW Net-Zero Energy Data Center in the Permian Basin : January 21, 2025 07:03 AM Eastern Standard Time MIDLAND, Texas--( BUSINESS WIRE )--New Era Helium, Inc. (Nasdaq:NEHC) (“NEH,” “New Era Helium” or the “Company”), an exploration and production (E&P) company sourcing helium produced in association with natural gas reserves within the Permian Basin, is pleased to announce the finalization of its previously announced 50/50 joint venture (“JV”) with Sharon AI, Inc. (“Sharon AI”), a High-Performance Computing business specializing in Artificial Intelligence, Cloud GPU Compute Infrastructure, and Cloud Storage. The newly created joint venture, named Texas Critical Data Centers (“TCDC”), LLC will be a collaboration to fund, develop, and construct a cutting-edge 250MW net-zero energy data center within the Permian Basin. A Groundbreaking Partnership for Clean Energy and AI/HPC ...

Be8 and Cemvita establish Memorandum of Understanding for circular bioeconomy partnership in Brazil : Objective: Develop a new low carbon feedstock from Glycerin, a byproduct of the biodiesel production to strengthen the SAF value chain January 21, 2025 10:23 AM Eastern Standard Time DAVOS, Switzerland--( BUSINESS WIRE )--The Brazilian biofuel pioneer, Be8, and the U.S.-based leader in the development of innovative biotech solutions, Cemvita, signed a Memorandum of Understanding (MOU) on Tuesday, January 21, at Brazil House, the country’s discussion space at the World Economic Forum in Davos, Switzerland. The MOU aims to develop the conversion of glycerin (a byproduct of biodiesel production) into low carbon feedstock to produce Sustainable Aviation Fuel (SAF). The announcement was made on the morning of Tuesday, January 21, at Brazil House in Davos, Switzerland, during the World Economic Forum, in the presence of Tara Karimi, Cemvita Co-Founder and Chief Science and Sustainability Off...

Berry Corporation Announces Finance Team Leadership Changes : DALLAS, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today announced the appointment of Jeff Magids as the Company’s Vice President, Chief Financial Officer, effective January 21, 2025. Mike Helm will continue in his position as Vice President, Chief Accounting Officer. Jeff’s extensive experience, including in finance, capital markets and M&A, enhances the Company’s financial and strategic leadership capabilities and underscores the Company’s focus on delivering sustainable, long-term growth and value creation. “I am excited to welcome Jeff to the team. His experience is well aligned with our strategy and will help drive us forward as we focus on a disciplined approach to delivering sustainable, long-term growth and creating shareholder value while deleveraging and optimizing our balance sheet,” commented Fernando Araujo, Chief Executive Officer. “On behal...

WaterBridge Announces Long-Term Commercial Agreements with BPX Energy to Support Delaware Basin Development : Up to 600MBbls/d of new produced water handling capacity to be developed, including up to 400MBbls/d on LandBridge surface Agreement includes a 10-year minimum volume commitment by BPX Energy January 21, 2025 08:00 AM Eastern Standard Time HOUSTON--( BUSINESS WIRE )--NDB Midstream LLC and WaterBridge Operating LLC (collectively, “WaterBridge”) today announced they have executed long-term commercial agreements with BPX Production Company (“bpx energy”) to support their long-term development plans in the Stateline region of the Delaware Basin. WaterBridge will initially construct and operate 400MBbls/d of new produced water handling capacity over the next three years, with the ability to increase capacity to 600MBbls/d. WaterBridge’s abundant access to pore space through its affiliate relationship with LandBridge Company LLC (NYSE: LB), a leading land management platform that own...

Capstone Infrastructure Corporation Secures Three Major Wind Projects in British Columbia Alongside Indigenous Partners : Toronto, Ontario, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Today, Capstone Infrastructure Corporation (TSX: CSE.PR.A) (the "Corporation" or "Capstone") is proud to announce the execution of three 30-year Electricity Purchase Agreements with BC Hydro alongside Indigenous partners.  The three wind projects – Brewster, Highland Valley, and Mount Mabel – were selected by BC Hydro in their recent Call for Power and will have a total combined capacity of 537 MW. Together, the projects will generate approximately 1.4 million MWh of electricity annually, enough to power more than 157,000 average British Colombian homes per year.  All projects are Indigenous led partnerships with a 51% equity ownership interest by Wei Wai Kum First Nation (Brewster Wind), Ashcroft Indian Band (Highland Valley Wind), and Lower Nicola Indian Band (Mount Mabel Wind) resp...

Michigan Potash secures conditional commitment for a loan guarantee from the U.S. Department of Energy to enhance food security through major fertilizer project If finalized, the nearly $1.3 billion loan guarantee will help make Michigan a leader in potash production, creating 1,400 construction jobs and reducing U.S. dependence on foreign countries for critical minerals January 17, 2025 04:36 PM Eastern Standard Time EVART, Mich.--( BUSINESS WIRE )--A technologically advanced and energy efficient potash and salt production facility more than a decade in the making got a critical boost through a conditional commitment for a loan guarantee of up to $1.26 billion from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO). The facility will create good paying jobs and improve U.S. food security by reducing America’s near-total dependence on foreign countries for a critical mineral. This partnership enables new domestic production of an all-natural fertilizer nutrient and will b...