Occidental Petroleum and Battelle lead Texas and Louisiana projects set for award of first-round federal funds, with 19 regional direct air capture hub teams—that include AEC firms—set to gain a total of $100M.
Feds propose 557 sq miles of new Atlantic ocean tracts for development and set Aug. 29 for first Gulf of Mexico auction of three large sites, but projects now confront rising costs for the first time.
Unanimous FERC vote July 27 on final rule will prioritize the most construction-ready, financially-viable projects, but its effective date was not announced.
Firms' global revenue hits new peak of $138.9 billion with elevated environmental priorities, more funding and continued sector consolidation, but key risks still hover.
U.S.
based giant First Solar also said it will spend $1.1 billion to build its
fifth domestic component factory in Louisiana, as India and China-based manufacturers plan new American capacity boosts
Project is also core to separate lawsuit by 16 plaintiffs, aged five to 22, against Montana for violating state constitution in promoting fossil fuel development
Work is set to resume on 175-MW Yellowstone County project, with Burns & McDonnell as EPC contractor, after new court ruling that followed revised state law banning regulators from weighing greenhouse gas emissions in permit reviews of new energy projects.
Lithium-ion battery developer KORE Power Inc. to supplement cost of $1.25-billion advanced EV battery manufacturing plant underway in Buckeye, Ariz., with $850-million conditional U.S. Energy Dept. loan.
The U.S. Dept. of Energy will invest more than $231 million to accelerate
carbon management at large-scale U.S. geologic storage areas and support new grid resilience and energy storage projects and research for nine states
and three Tribes.
Coolidge gas power plant project, delayed one year by community legal action over air pollution impacts, now is set to double in capacity after a new settlement—but that is a decrease from the originally proposed 820-MW expansion that a Kiewit Corp. unit was hired to build.