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  • Breakthrough scores another bil

Breakthrough scores another bil

PLUS: DOE's $44mm for CCUS, JERA buys US solar, MSFT-Pivot solar, Osted's midwest storage plan, LS Power's renewable buy, Blackstone buys Westwood, bp's UK project, Heimdal DAC launch

Aug 13, 2024

  • DOE invests $44 million for technical assistance in basins targeted for carbon storage

  • Heimdal celebrates launch of Bantam, America's largest operational DAC facility

  • Qantas, Rio Tinto and BHP form fund for nature-based carbon projects in Australia

  • Bill Gates-backed Breakthrough Ventures raises $839mm for new climate fund

  • bp enters final stage of negotiations with UK Government for H2Teesside

  • Blackstone makes majority investment in Westwood Professional Services

  • LS Power to acquire renewable energy business from Algonquin Power

  • NextEnergy Capital to acquire 248MW Spanish solar portfolio

  • JERA Nex acquires 395MW US solar farms from Lightsource bp

  • Pivot Energy partners with Microsoft to develop 500 MWac of solar projects

  • Ørsted and Mission Clean Energy to develop 1 GW of Midwest storage projects

  • Crew Energy acquired by Tourmaline Oil for $1.3 billion

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