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Independence Hydrogen Inc. Announces First of its Kind, Open Season for New, Clean Hydrogen Gas Supply to Serve the Eastern United States

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Independence Hydrogen Inc. Announces First of its Kind, Open Season for New, Clean Hydrogen Gas Supply to Serve the Eastern United States News provided by  Independence Hydrogen Inc. Oct 23, 2024, 10:37 ET ASHBURN, Va., Oct. 23, 2024 /PRNewswire/ -- Independence Hydrogen, Inc ("IH") is pleased to announce that it is holding an open season for 7 metric tons a day of clean, fuel cell grade, high-pressure gaseous hydrogen, available by a proposed in-service date of October 1, 2026. The hydrogen will have a carbon intensity score of approximately 1.1 kg CO2e/kg H2 and will be available at a production facility near Valdosta, Georgia, or delivered from such facility to customer locations in the Eastern United States ("Project") ("Project Open Season"). The Project Open Season will commence at 11:00 a.m. CST on October 28, 2024, and end at 5:00 p.m. CST on December 20, 2024 (the "Open Season Period"). "We are very excited about this open season,...

DOE Delivers Nearly $474 Million in New Grid Resilience Funding to States and Tribes as Part of Investing in America Agenda

Biden-Harris Administration Delivers Nearly $474 Million in New Grid Resilience Funding to States and Tribes as Part of Investing in America Agenda : Investing in America Agenda Continues Efforts to Modernize Electric Grid To Deliver Reliable, Clean, and Affordable Energy Across the Country, in 5 Territories and Among 254 Tribal Nations WASHINGTON, D.C.— In support of the Biden-Harris Administration’s Investing in America agenda, today the U.S. Department of Energy (DOE) announced that 49 states, 5 territories, 254 Tribal Nations, and the District of Columbia have received a combined total of $473.6 million in fiscal year (FY) 2024 Grid Resilience State and Tribal Formula Grants to modernize the electric grid to reduce the impacts of extreme weather events while also ensuring the reliability of the power sector. Supported by the Bipartisan Infrastructure Law and administered by DOE’s Grid Deployment Office, the Grid Resilience Formula Grant program is designed to strength...

PureWest Energy Releases 2023 Corporate Responsibility Report, Underscoring Continued Leadership in Natural Gas Production

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PureWest Energy Releases 2023 Corporate Responsibility Report, Underscoring Continued Leadership in Natural Gas Production : DENVER , Oct. 29, 2024 /PRNewswire/ -- Today, PureWest Energy , LLC ("PureWest"), a leading Rocky Mountain independent natural gas producer recognized for its low methane intensity, released its fifth Corporate Responsibility (CR) report, underscoring the company's dedication to responsibly producing the vital energy resources required to power our economy. The 2023 CR Report highlights PureWest's leadership, achievements, and progress in key areas, including environmental stewardship, biodiversity conservation, community engagement, employee well-being, and governance. This year's interactive digital report offers an updated look into PureWest's operations through expanded interactive elements related to biodiversity conservation case studies; health and safety; and environmental data. View the digital version  here . View t...

Nova Clean Energy Announces Execution of Key Contracts for 1 Gigawatt of New Wind Power in Texas

Nova Clean Energy Announces Execution of Key Contracts for 1 Gigawatt of New Wind Power in Texas : October 29, 2024 09:00 AM Eastern Daylight Time CHICAGO & AUSTIN, Texas--( BUSINESS WIRE )--Nova Clean Energy (“Nova” or the “Company”) today announced it has executed interconnection agreements and related high voltage equipment supply contracts for a portfolio of wind power projects in Texas. The project portfolio, once fully built out, will deliver up to 1 GW of native clean power to Texas consumers at a time when the Texas power grid is experiencing unprecedented growth in electricity demand. On-site construction of the power generation facilities will commence in late 2025, and Nova expects to start delivering power in the winter of 2026. Nova is also in the final stages of similar agreements covering an additional 500 MW of solar and storage in Texas. Commenting on the announcement, Ben Pratt, President of Nova, said, “We are very pleased to reach this important milestone for mu...

Clean Energy Technologies, Inc. and Exergy International Sign MOU to Promote ORC Heat Recovery Solutions Across the Americas

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Clean Energy Technologies, Inc. and Exergy International Sign MOU to Promote ORC Heat Recovery Solutions Across the Americas : Irvine, CA., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Clean Energy Technologies , Inc. (“CETY”) (Nasdaq: CETY), a clean energy manufacturing and services company specializing in eco-friendly energy solutions, clean fuels, and alternative power for small and mid-sized projects in Americas, Europe, and Asia, has signed a Memorandum of Understanding (“MOU”) with Exergy International Srl (“Exergy”), a global leading provider of Organic Rankine Cycle (“ORC”) systems, with headquarters in Italy. This strategic partnership aims to drive growth in the field of heat recovery solutions by promoting, selling, and supporting Exergy's ORC systems across the Americas and potentially other global regions. The collaboration will expand Exergy’s and CETY’s Waste Heat to Power solutions throughout the Americas, enabling CETY to offer small to large-scale ORC systems for in...

Quantum Capital Group Raises More Than $10 Billion for Diversified Energy Investment Platform

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Quantum Capital Group Raises More Than $10 Billion for Diversified Energy Investment Platform : HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Quantum Capital Group (“Quantum”) today announced it has raised more than $10 billion in aggregate capital commitments, inclusive of co-investment, across its private equity, structured capital, and private credit platforms, all of which are focused on the energy industry. The total raised includes $5.25 billion for the firm’s private equity flagship, Quantum Energy Partners VIII, $2.8 billion for the firm’s structured capital fund, Quantum Capital Solutions II, and approximately $2 billion for other associated funds on the Quantum platform. Quantum’s latest fundraising cycle received broad institutional support from a diverse, global group of existing and new investors. With a flexible mandate to invest where needed in the capital structure, Quantum invests across the entire energy value chain, including in oil and gas, midstream, thermal...

Mitsui, Repsol and Carbonvert sign leases for carbon storage project in Texas

Lease Contracts Signed for Carbon Storage Project in Texas, U.S.A., Exploring Project Development Oct. 29, 2024 Mitsui and Co., Ltd. ("Mitsui", Head office: Tokyo, President and CEO: Kenichi Hori), through its 100% owned subsidiary MEP Low Carbon Solutions, LLC ("MEPLCS"), together with subsidiaries of Repsol and Carbonvert Inc. ("Carbonvert"), have established a USA joint venture ("Aves"). Aves has signed lease contracts with the Texas General Land Office for access to pore space in the CO2 storage lease offshore of Corpus Christi, Texas, USA. Aves is currently proceeding with project development activities that include storage evaluation and CO2 emitter engagement, etc. Equity interest in the joint venture partnership is 45% Repsol (Operator), 45% Carbonvert, and 10% MEPLCS. In August 2023, the Texas School Land Board unanimously approved awarding leases of the Port Aransas North and Mustang Island tracts offshore Corpus Christi to the partners...