Workflow
Sustainable Energy
icon
Search documents
GE Vernova Inks Turbine Deal with Romania Wind Farm
Yahoo Finance· 2025-12-11 14:48
Core Insights - GE Vernova has signed an agreement with Public Power Corporation Renewables (PPC R) to supply, install, and commission 14 of its 6.1 MW–158m turbines for a wind farm in Vaslui County, Romania [1] - This agreement builds on a previous deal from September of the previous year for 23 turbines and follows a recent announcement to provide Greenvolt Power with 42 turbines for another wind farm in Romania [1] - The new deal will add 85 MW to GE Vernova's existing onshore wind installed base in Romania, which exceeds 800 MW [1] - GE Vernova's total installed base globally includes approximately 57,000 turbines and nearly 120 GW of installed capacity [1] Company Developments - The agreement with PPC Renewables is part of GE Vernova's strategy to strengthen its presence in Romania and support the country's renewable energy goals [1] - Gilan Sabatier, chief commercial officer for GE Vernova's Onshore Wind business in International Markets, emphasized the company's commitment to sustainable energy solutions through this collaboration [1]
First Atlantic Nickel Acquires Ophiolite-X Project Targeting White and Orange Geologic Hydrogen, Carbon Capture, and Critical Minerals in Western Newfoundland
Globenewswire· 2025-12-11 11:00
Core Insights - First Atlantic Nickel Corp. has entered into agreements to acquire a 100% interest in 18 mineral licenses covering 500 mineral claims (12,500 hectares) in the Bay of Islands Ophiolite Complex, branding it as the "Ophiolite-X" project, which has multi-commodity potential including hydrogen, carbon capture, and various metals [1][8][42] - The Bay of Islands Ophiolite Complex (BOIC) is recognized for its geological significance, with studies indicating its potential for natural hydrogen generation and carbon dioxide storage, making it a strategic area for exploration [2][3][5] Geological and Mineral Potential - The BOIC consists of four major ophiolite massifs, with the Blow Me Down Mountain and Lewis Hills being significant for their mineralization potential, including nickel, chromium, and platinum group elements [2][28] - Research indicates that the BOIC has a theoretical CO₂ storage capacity of 5.1 × 10^11 tonnes, equivalent to over 13 years of global CO₂ emissions based on 2022 data [5][23] - The presence of brucite, formed during serpentinization, is highlighted as the most efficient mineral for CO₂ capture, requiring only ~2.5 tonnes of mineral to sequester 1 tonne of CO₂ [5][9][18] Hydrogen Generation and Carbon Capture - Active serpentinization within the BOIC generates dissolved hydrogen in ultrabasic springs, with pH values up to 12.3, indicating ongoing natural hydrogen production [3][12][13] - The BOIC is identified as an optimal geological setting for both natural and stimulated geological hydrogen production, with studies suggesting that ultramafic rocks can produce 2-4 kg of hydrogen per cubic meter [17][26] - Historical chromite occurrences in the BOIC are associated with significant hydrogen discoveries, suggesting a correlation between chromite mineralization and hydrogen generation potential [35][36] Strategic Agreements and Future Plans - The company has entered into three agreements to acquire additional mineral licenses, with consideration involving the issuance of common shares and subject to net smelter returns royalties [37][38] - The exploration programs will include systematic sampling to evaluate the occurrence of awaruite, a nickel-iron alloy, which serves as both a potential resource and an indicator of hydrogen generation potential [27][42] - The strategic location of the Pipestone XL Nickel Alloy Project near existing infrastructure enhances the company's position in the North American nickel market, particularly in light of the U.S. critical minerals list [42][44]
Green Impact Announces Private Placement Financing and Corporate Update
Newsfile· 2025-12-10 13:30
Core Viewpoint - Green Impact Partners Inc. has announced a $5 million Private Placement at $4 per share, canceling the previously announced LIFE offering [1][2] Group 1: Private Placement Details - The Private Placement involves certain officers and directors selling an aggregate of $5 million of common shares from their personal holdings at a price of $4.00 per share, with proceeds used to purchase shares under the Private Placement [2] - The Private Placement is expected to close on December 10, 2025, or as soon as reasonably practicable thereafter, and is subject to TSX Venture Exchange approval [2] - All securities issued will be subject to a regulatory hold period of four months and one day from the closing date, and no finder's fees are involved [2] Group 2: Related Party Transaction - Participation by insiders in the Private Placement qualifies as a "related party transaction" under Multilateral Instrument 61-101, but is exempt from formal valuation and minority shareholder approval requirements as the value does not exceed 25% of the Company's market capitalization [3] Group 3: Corporate Update - The Company has amended its corporate credit facility to provide a waiver of certain events of default, contingent on meeting specific covenants and conditions, including refinancing completion [4] - GIP has executed a non-binding senior secured debenture financing term sheet with proceeds exceeding the amount owed to the corporate lender, subject to customary closing conditions [4] Group 4: Asset Sales and Future Projects - GIP is advancing documentation regarding the sale of its water recycling assets, aiming to facilitate financial closure of the Future Energy Park and the construction of a significant biofuels facility in North America [5] Group 5: Auditor Change - Deloitte LLP has resigned as the auditor, confirming no reportable events or disagreements, and the Company is in the final stages of engaging a replacement auditor for the 2025 fiscal year [6]
The Future of Sustainable Energy May Float in the Ocean 🌊⚡️
CNET· 2025-12-08 22:17
Imagine the power of the waves hundreds, no thousands of kilometers away from shore. What if we could turn this force of nature into clean, sustainable energy. Meet Ocean 2.Pantalysis's new wave power converter. This giant and strange buoy like object wants to transform the ways we source our power. Pantalysis, a startup based in Portland, Oregon, believes it's cracked a new design with Ocean 2.According to the company, their converter is a modular, flexible buoy system designed to work with the ocean. Here ...
Reganosa to operate and maintain Australia’s first LNG terminal
Yahoo Finance· 2025-12-08 10:49
Core Insights - Squadron Energy has selected Reganosa to operate and maintain the Port Kembla LNG terminal in New South Wales, Australia, addressing gas supply challenges on the east coast [1][3] Contract Details - The contract includes preservation, operation, and maintenance of the terminal's onshore section, with an initial five-year term and a potential three-year extension [2] - The FSRU will be temporarily disconnected for maintenance, ensuring quick reactivation when needed, and will be modified to meet seasonal energy demand [2] Strategic Importance - The Port Kembla Energy Terminal aims to strengthen domestic gas supply, enhance energy security, and support Australia's energy transition without the need for new gas fields that could lock in emissions for decades [3] - The terminal is seen as a solution to long-standing gas shortfalls on the east coast, which have increased costs for households and businesses [4] Company Expansion - Reganosa's contract marks its entry into the Australian market, expanding its operations to all five continents, with existing operations in various countries across Asia and the Middle East [4][5] - The partnership is expected to generate local employment, focusing on regional hiring, and aligns with Reganosa's strategy of global expansion and commitment to sustainable energy infrastructure [5]
TETRA TECHNOLOGIES, INC. TO PARTICIPATE IN THE WELLS FARGO 24TH ANNUAL ENERGY & POWER SYMPOSIUM
Prnewswire· 2025-12-01 21:30
Group 1 - TETRA Technologies, Inc. will host one-on-one meetings with institutional investors on December 10, 2025, at the Wells Fargo 24th Annual Energy & Power Symposium in New York City [1] - The company focuses on environmentally conscious services and solutions across six continents, with a portfolio that includes Energy Services, Industrial Chemicals, and Critical Minerals [2] - TETRA is expanding into the low-carbon energy market, leveraging its chemistry expertise and global infrastructure to meet the demand for sustainable energy [2] Group 2 - TETRA Technologies announced strong third quarter 2025 financial results, indicating positive performance [4] - The company is undergoing a CFO transition with the planned retirement of Elijio Serrano and the appointment of Matt Sanderson [5]
Amazon Black Friday Is Evolving: Campers Are Ditching “Fake Deals” For Green Sustainable Energy With Power Queen
Globenewswire· 2025-11-21 11:00
Core Insights - Power Queen is shifting consumer focus from low-cost lead-acid batteries to sustainable lithium battery solutions, particularly during the Amazon Black Friday sales [1][10] - The company emphasizes the long-term economic benefits and sustainability of its LiFePO4 batteries, which offer a lifespan of up to 10 years and lower maintenance costs [4][11] Promotions and Discounts - Power Queen's Black Friday offers include discounts of 6% for purchases over €600 and 8% for purchases over €1,000, as well as 8% off battery and charger bundles [6] - Additional promotions include a 10% referral discount and a 10% discount for newsletter subscriptions [7] - Specific products highlighted include the 12V 140Ah H190 Bluetooth battery priced at €303.99, with a special offer of buying four units to receive one 12V 100Ah H190 for free [7] - Other battery options include the 12V 280Ah for €469.99 and the 12V 300Ah for €514.99, with a 10% discount available when purchasing one battery and two accessories [8] Market Trends - The trend indicates a growing preference among European campers and RV travelers for sustainable energy solutions over traditional disposable options, reflecting a broader shift in consumer behavior [1][10] - The narrative around battery purchases is evolving from short-term savings to viewing batteries as long-term investments in sustainable energy [4][10]
EverGen Infrastructure Reports Q3 2025 Results
Businesswire· 2025-11-21 00:51
Core Insights - EverGen Infrastructure Corp. reported its Q3 2025 financial results, highlighting a record in RNG production and ongoing optimization efforts across its facilities [2][5]. Financial Performance - Revenue for Q3 2025 was CAD 2.81 million, a decrease of 22% from CAD 3.60 million in Q3 2024 [4]. - The net loss increased to CAD 1.11 million in Q3 2025 from CAD 0.47 million in Q3 2024, marking a 134% rise [4][8]. - Adjusted EBITDA for Q3 2025 was CAD 0.47 million, down 52% from CAD 0.98 million in the same period last year [4][9]. - Total assets decreased by 16% to CAD 76.54 million from CAD 91.64 million year-over-year [4]. Operational Highlights - RNG production reached a new quarterly record, with total production of 51,770 gigajoules in Q3 2025, an increase of 27% compared to 40,674 gigajoules in Q3 2024 [4][7]. - The FVB facility set a new monthly RNG production record of over 13,000 gigajoules in September 2025 [3][5]. - Incoming organic feedstock decreased by 40% to 15,310 tonnes compared to 25,555 tonnes in Q3 2024 [4]. Strategic Developments - The PCR RNG Expansion project received regulatory support from Abbotsford City Council in July 2025, marking a key milestone [5][10]. - The company is advancing refinancing efforts, targeting a CAD 13 million debt facility to close in Q4 2025, along with an additional private placement of up to CAD 2 million [11]
Shell Signs PPAs for Renewable Power to Fuel REFHYNE 2 Project
ZACKS· 2025-11-20 15:35
Core Insights - Shell Energy Europe Limited has signed two significant Power Purchase Agreements (PPAs) in Germany to enhance its renewable energy initiatives, supporting the REFHYNE 2 hydrogen electrolyzer project [1][2][15] Group 1: Power Purchase Agreements - The agreement with Nordsee One GmbH allows Shell to offtake approximately one-third of the output from a 332 MW offshore wind farm in the North Sea, strengthening its green energy portfolio [2][10] - A 10-year agreement with Solarkraftwerk Halenbeck-Rohlsdorf guarantees Shell the offtake of roughly 75% of the electricity produced by a 230 MW solar power project under construction [3][11] Group 2: REFHYNE 2 Hydrogen Electrolyzer Project - The REFHYNE 2 project will feature a 100 MW electrolyzer that utilizes renewable electricity from the signed agreements to produce green hydrogen, a cleaner alternative to conventional hydrogen [4][9] - This project is pivotal for decarbonizing various industries, including transportation and chemicals, by significantly reducing Scope 1 and 2 emissions associated with energy product production [5][6] Group 3: Impact on European Energy Landscape - The REFHYNE 2 electrolyzer is designed to support a wide range of industrial applications across Europe, integrating renewable hydrogen into production processes [6][12] - The project aligns with the European Union's renewable hydrogen targets and Germany's regulatory framework for cleaner energy, receiving support from the German Federal Government and the EU's Horizon 2020 program [7][15] Group 4: Long-Term Vision and Sustainability - Shell's commitment to sustainability is exemplified by the REFHYNE 2 project, showcasing how large corporations can lead in decarbonization efforts [12][14] - The collaboration with Nordsee One and Solarkraftwerk Halenbeck-Rohlsdorf is a significant milestone in achieving net-zero emissions and developing sustainable hydrogen solutions [15]
OTCID: GREH Achieves Major National Milestone With 29 EV Charging Projects Across Premier U.S. Hotel Destinations
Globenewswire· 2025-11-20 13:35
Core Insights - Green Rain Energy Holdings has launched 29 hotel-based EV charging projects across 16 states, aiming to enhance access to clean transportation nationwide [1][4] - The initiative includes partnerships with major hospitality brands such as Marriott, Hilton, and Sheraton, focusing on high-visibility locations [2][4] - The company plans to exceed 100 active charging sites by 2027, positioning itself within the projected $121 billion EV infrastructure market [4] Expansion - The deployment includes major hotel brands and boutique hotels, with locations in San Diego, Houston, Orlando, and New York selected for traveler convenience [2] - Flagship sites like San Diego Marriott Mission Valley and Cocoa Beach Hilton are expected to be completed by early 2026, with further installations planned throughout the year [4] Technology and Impact - Each charging site will feature Level 3 fast chargers, capable of charging most EVs from 20% to 80% in under 30 minutes [3] - The grid-optimized systems are designed to reduce utility demand while integrating renewable energy credits and incentives, supporting local economies and reducing emissions [3] National Vision - The company aims to create a new energy economy focused on accessibility, efficiency, and responsibility, delivering value to shareholders and communities [5] - Green Rain Energy Holdings is dedicated to advancing sustainable energy initiatives through its subsidiary, Green Rain Solar Inc., transforming rooftops into renewable energy assets [6]