Category: Business News
California received permission to move forward with a project that would inject carbon dioxide into the state’s deep rock formation using a technology that has long tantalized the fossil fuel industry but has yet to break through. The Environmental Projection Agency approved California’s first carbon capture and storage project in Kern County, the state’s hub […]
Source: World Oil
Category: Business News
Former President Carter, who died Sunday at the age of 100, left behind a history of pioneering energy and environmental policy. In his single term in the Oval Office, Carter took a range of actions on issues that remained influential long after his presidency ended, from imposing new wilderness protections to creating the federal Department of Energy […]
Source: The Hill
Category: Business News
Norwegian solar ingot and wafer maker NorSun has decided to cease domestic operations, citing the impact of low-cost imports from China and Southeast Asia, and will shift its focus to the US where it is readying a 5-GW factory. “The discontinuation of our operations in Norway is a result of oversupply and lack of regulations in […]
Source: Renewables Now
Category: Business News
The $340m transaction will close by the end of 2024. FREYR Battery has agreed to take over Trina Solar’s 5GW solar module manufacturing facility in Wilmer, Texas. The $340m transaction will close by the end of 2024, subject to customary conditions and the completion of a preferred stock issuance. Trina Solar will receive $100m in […]
Source: Power Technology
Category: Business News
SWA Lithium LLC, a US subsidiary of Equinor Energy (45%) and Standard Lithium Ltd. (55%), has been selected for up to $225 million award negotiation from the US Department of Energy (DOE) as part of the US government’s investment in supply chains of domestic lithium production. This selection, overseen by the DOE’s Office of Manufacturing […]
Source: Oil & Gas Journal