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SoCalGas | December 15, 2021
Southern California Gas Co., the nation's largest natural gas distribution utility, and Bloom Energy announced a project to showcase the future of the hydrogen economy and the technologies needed to help California reach carbon neutrality. The companies will collaborate to generate and then blend hydrogen into a university customer’s existing natural gas network to demonstrate how the natural gas infrastructure can be decarbonized, while balancing future energy supply and demand. The p...
American Electric Power | July 03, 2020
While the Public Utility Commission of Texas today denied approval of Southwestern Electric Power Co.'s (SWEPCO) plan to add 309 megawatts (MW) of wind energy to serve Texas customers, American Electric Power (NYSE: AEP) has received the other regulatory approvals needed to acquire the entire planned 1,485 MW of North Central wind generation. AEP is investing approximately $2 billion to bring new renewable energy to Public Service Company of Oklahoma (PSO) customers and SWEPCO customers in A...
STRATEGY AND BEST PRACTICES,INDUSTRY UPDATES
CarbonAi Inc | November 24, 2022
CarbonAi Inc. (CarbonAi) is proud to announce that it has signed a memorandum of understanding (MOU) with the Rural Electrification Agency (REA) of Nigeria to identify and develop small-scale solar energy projects in that country. The projects will be funded by proceeds from carbon credits that are generated through CarbonAi-financed and developed flare gas capture projects in Nigeria.Under the MOU, the parties will explore opportunities to finance and develop solar energy projects in unserved o...
Monolith | December 28, 2021
Monolith, a leader in clean materials production, announced it has received conditional approval for a $1.04 billion loan from the U.S. Department of Energy (D.O.E.). Established via the Title XVII Innovative Energy Loan Guarantee Program, the loan will allow Monolith to expand its clean hydrogen and carbon black production facilities in Hallam, Nebraska, U.S.A. Reaching the ambitious goal of global decarbonization by 2050 will require the innovation of Ameri...
STRATEGY AND BEST PRACTICES, INDUSTRY UPDATES
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