The Latest

Energy Transition in Motion (Week of Oct. 11, 2024)

Here is a look at some of this week’s renewable energy news, including nearly $7.9 million in bids for geothermal leases in Nevada.

Exxon Adds 270,000 Acres for Largest Carbon Storage Site in the US

Exxon Mobil has leased acreage on the Gulf Coast from the Texas General Land Office for carbon capture and storage.

8 Rivers Going Its Own Way on DAC, Zero Carbon Fuels

8 Rivers CEO Chris Richardson said the company is going its own way in developing direct air capture, converting coal and biomass into zero carbon fuel and producing low carbon blue ammonia.

DNV: Emissions Fall, Solar Soars, Oil Demand Shrinks 35% by 2050

The Norwegian risk manager spotlights the good and not so good in its latest global energy transition outlook, including predictions that half of all vehicles sold worldwide by 2031 will be electric.

Montauk Renewables, Emvolon Partner on Biogas-to-Methanol Project

The Texas project is designed to produce up to 15,300 gallons of green methanol per year, Emvolon and Montauk Renewables said.

India’s GAIL, AM Green Form Renewable Energy, E-methanol Partnership

The renewable energy projects in India will target solar and wind as GAIL and AM Green’s partnership will focus on lining up long-terms supplies of CO2 to produce e-methanol.

Equinor Acquires Nearly 10% Stake in Ørsted for $2.5B

Equinor becomes the second largest stakeholder in Ørsted with its $2.5 billion acquisition of the Danish company’s shares.

TotalEnergies, RWE Partner on German North Sea Wind Projects

TotalEnergies and RWE aim to commission two wind projects, N-9.1 and N-9.2, in 2031 and 2032.

Energy Transition in Motion (Week of Oct. 4, 2024)

Here is a look at some of this week’s renewable energy news, including the startup of a solar module manufacturing facility with an annual 2-gigawatt capacity.

Exxon Mobil Ramps Up $400MM CCS Project in Wyoming

The $400 million project will expand capture capacity by up to about 1.2 million metric tons of CO2 per year, Exxon Mobil said.