The road to net zero will require closing technology gaps, collaboration, policy and realism among other steps, energy experts say.
All types of renewables will be needed to help reach carbon emissions reduction targets, the CEOs say.
PepsiCo Inc. has signed two agreements with Ørsted on Jan. 14 to purchase a portion of energy from the 298 MW Haystack wind project in Nebraska and the 367 MW Western Trail wind project in Texas.
BP, which plans to sharply cut its oil output and boost its renewable energy capacity over the next decade, said in a report that despite “uneven progress,” the API was “heading in the right direction.”
The company's first utility-scale solar plus battery storage project of 460MWAC reaches commercial operation, making Ørsted the first developer to operate the full spectrum of new renewable technologies at utility scale in the U.S.
Data-driven upstream service company diversifies to meet energy transition demands.
The goal of the AWS Energy Accelerator is to help startups working in clean energy accelerate their impact, access additional resources, and expand their reach.
Companies will jointly explore development of integrated technologies for efficient and resilient power solutions for energy and industrial sectors globally.
Production of critical minerals needed for clean energy technologies was much more concentrated than in the oil market, the IEA says.
EnCap Investments has already deployed capital from its first energy transition fund in five platform investments in the battery storage, distributed power and utility-scale solar and wind sectors.
Cheniere and Shell offset the full lifecycle GHG emissions associated with the cargo.
The $550 million Crimson Solar Project will be located on 2,000 acres of federal land west of Blythe, California, the Interior Department said in a statement.
Exxon Mobil CEO Darren Woods said he aims to lure the region’s top 50 CO₂ emitters, and is lobbying federal, state and local officials for support to advance a carbon capture and storage project along the U.S. Gulf of Mexico.