Sunya

Linde Signs Long-Term Agreement to Supply Clean Hydrogen to Dow’s Path2Zero Project in Canada Woking, UK,  August 27, 2024 – Linde (Nasdaq: LIN) announced today it has signed a long-term agreement for the supply of clean hydrogen to Dow’s Fort Saskatchewan Path2Zero Project. The company will invest more than $2 billion to build, own and operate a world-scale integrated clean hydrogen and atmospheric gases facility in Alberta, Canada. Linde’s new on-site complex will use autothermal reforming, combined with Linde’s proprietary HISORP ®  carbon capture technology, to produce clean hydrogen and will also recover hydrogen contained in off-gases from Dow’s ethylene cracker. In the first phase, Linde will supply the clean hydrogen, nitrogen and other services to support Dow’s world-first net-zero emissions integrated ethylene cracker and derivatives site 1 . Linde’s new facility will also supply clean hydrogen to existing and new industrial customers seeking to decarbonize their ope...

Mexico Pacific Announces Long-Term LNG Sales and Purchase Agreement with POSCO International : August 28, 2024 06:00 PM Eastern Daylight Time HOUSTON & INCHEON, South Korea--( BUSINESS WIRE )--Mexico Pacific, owner of the Saguaro Energía LNG facility and associated Sierra Madre Pipeline, today announced that it has signed a sales and purchase agreement (SPA) with POSCO International Corporation (POSCO International), Korea’s largest energy trading company and a global leader in the pursuit of a sustainable future. Pursuant to the SPA, POSCO International will purchase 0.7 million tonnes per annum (mtpa) of LNG on a free-on-board basis over a term of 20 years. Mexico Pacific and POSCO International are evaluating additional opportunities to expand upon this initial commercial partnership. Korea has a robust trade relationship with Mexico and is one of the only major economies in Asia that has a comprehensive free trade agreement (FTA) with the United States. Through further engineer...

Nippon Steel Announces Transformative Investments at U. S. Steel's Mon Valley Works and Gary Works : TOKYO , Aug. 28, 2024 /PRNewswire/ -- Nippon Steel Corporation ("Nippon Steel") (TSE: 5401) today announced additional project investments to be made at Mon Valley Works and Gary Works, as part of its pending acquisition ("Transaction") of United States Steel Corporation ("U. S. Steel") (NYSE: X ). The investments announced today are major growth investments and represent additional capital spending that will extend the production life of two of U. S. Steel's critical integrated assets and enhance the security of steel supply to American manufacturers. The investments will require significant expenditures beyond calendar year 2026 and are incremental to the $1.4 billion capital commitment previously announced by Nippon Steel, which will be allocated towards maintenance and other necessary capital investments in the existing BLA-covered f...

CenterPoint Energy Completes Greater Houston Resiliency Initiative (GHRI) Core Resiliency Actions and Announces Bold Series of Additional Resiliency Actions, Including $5 Billion in Proposed Investments : Proposal reflects largest investment in Greater Houston infrastructure in the company's nearly 160-year history and includes a proposal to forego $110 million in profits HOUSTON , Aug. 28, 2024 /PRNewswire/ -- CenterPoint Energy today announced the completion, ahead of schedule , of core resiliency actions as part of the first phase of its Greater Houston Resiliency Initiative (GHRI) – which included a series of targeted actions to improve the resiliency of CenterPoint Houston Electric's grid this hurricane season. In addition, in a letter to lawmakers, the company also announced the boldest series of resiliency actions in its history, including: (1) a second phase of GHRI, which will include system hardening, strategic undergrounding, self-healing grid technology...

AccelDev Enters Multi-Year Partnership with Harvest Renewables to Drive Community Solar Development : NEW YORK , Aug. 28, 2024 /PRNewswire/ -- AccelDev has entered a multi-year partnership with Harvest Renewables, a new community solar developer, to convert underutilized land into solar farms that deliver clean energy, economic growth, and environmental benefits nationwide. Founded by Jamal Batar , Harvest Renewables develops community solar projects that lower energy costs and carbon footprints. With AccelDev's financial backing, this partnership accelerates Harvest's ability to deliver impactful, localized energy solutions. "Jamal has led energy solutions for some of the most recognized companies in the industry. His track record speaks volumes. We're excited to support his new venture," said Chip Brubaker , President of AccelDev. "This partnership aligns with our mission to back projects that deliver clean energy and lasting community benefit...

CPS ENERGY SECURES 350 MW OF FUTURE BATTERY ENERGY STORAGE FOR GENERATION PORTFOLIO : This addition will bring the utility's total battery energy storage to 400 MW under contract SAN ANTONIO , Aug. 28, 2024 /PRNewswire/ -- CPS Energy, the largest municipally owned electric and natural gas utility in the United States , has entered into two storage capacity agreements (SCAs) with Eolian L.P. (Eolian) for a total of 350 megawatts (MW) of battery energy storage, adding to a 50 MW SCA signed with Eolian in 2023, as the utility continues the execution of its Vision 2027 generation plan. The battery energy storage projects, called "Ferdinand" and "Padua 2", have a storage capacity of 200 MW and 150 MW, respectively.  Both projects are located in South Bexar County, Texas and will be newly constructed and expected to be online in the first half of 2026.  Having storage resources strategically located in CPS Energy's service territory contributes to ove...

Scala Data Centers and Serena Announce the Largest Renewable Energy Partnership in Latin America's Data Center Industry : The initiative is set to begin in 2025, with renewable energy sourced from two wind farms in Bahia. SÃO PAULO , Aug. 28, 2024 /PRNewswire/ --  Scala Data Centers , the leading Latin American platform of sustainable data centers in the Hyperscale market, and Serena, a global leader in clean energy investments, are announcing the largest renewable energy supply agreement in Latin America . This project will expand Scala's already fully renewable energy portfolio, providing wind power to meet the demands of Hyperscale data centers, including mixed AI workloads. The energy supply partnership will commence in January 2025 , with the possibility of earlier initiation. The renewable energy will be sourced from the Assuruá 4 and Ventos da Bahia 3 wind farms, both located in the state of Bahia, in the Northeast Region of Brazil , with a total installed ca...