‘Last Owner’ XMC Buys, Transforms Aging Oil and Gas Assets

XMC Strategies acquires and manages depleting oil and gas assets to transform them into sustainable energy sources.

OpenAI’s Sam Altman to Step Down as Oklo Chairman

Oklo CEO Jacob DeWitte is replacing Sam Altman as Oklo Inc.’s chairman of the board.

EXIM Considers $300MM Funding Package for Pure Lithium Project

As part of EXIM’s Make More in America initiative, the financing consideration for project costs would include a repayment term of 12 years, according to a news release.

Standard Solar Acquires 39-MW Solar Portfolio in Illinois

Standard Solar purchased five solar projects in a 39-MW portfolio from New Leaf Energy.

Smackover Lithium Designated as Priority Critical Mineral Project

Smackover Lithium, a joint venture between Standard Lithium and Equinor, aims to produce battery-grade lithium carbonate from lithium-rich brine in the Smackover Formation in Arkansas.

Anaergia to Build 9 Biomethane Facilities in Europe Totaling 556,000 MWh

Anaergia Inc. has plans to build nine biomethane production facilities from agro-industry waste in Portugal, Spain and Italy.

Recurrent Powers Up 127-MW Solar Farm in Louisiana

Recurrent Energy’s Bayou Galion solar farm is located on more than 1,000 acres in Morehouse Parish.

Blue Hydrogen’s Carbon Management Needs Policy, Scale to be Realized

Expectations are high for blue hydrogen’s carbon capture rates, but some companies have work to do to hit the mark.

Palladium, Arava JV Sell Solar-Energy Storage Portfolio to Exus

Palladium Energy and Arava Power Co. are selling a solar and energy storage portfolio to Exus Renewables North America.

Energy Transition in Motion (Week of April 18, 2025)

Here is a look at some of this week’s renewable energy news, including a move by battery maker Lyten to strengthen the U.S. battery supply chain.