Energy

UK Space Agency Awards Space Reactor Development Project to BWXT and Rolls-Royce

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Monday, April 8, 2024
Engineering, Other Energy, Aerospace, Manufacturing, Energy, Other Manufacturing, Nuclear, Annual report, BWXT, BWX Technologies, Science, UK Space Agency, Research, Form 10-K, Rolls-Royce, Security (finance), Risk, Moon, IBF, Work, Renewable energy

The funding enables strategic research collaborations within the UK space sector and emerging space nations to work together on fission nuclear systems for space power missions.

Key Points: 
  • The funding enables strategic research collaborations within the UK space sector and emerging space nations to work together on fission nuclear systems for space power missions.
  • The new $1.5 million award from the fund supports collaboration between Rolls-Royce and BWXT Advanced Technologies LLC (BWXT) to advance the technologies that benefit both the UK and U.S. space nuclear development programs.
  • The contract further strengthens UK and U.S. collaboration on first-of-a-kind space technology innovation as detailed under the Atlantic Declaration commitment.
  • This exciting research by Rolls-Royce to develop space nuclear power is an opportunity to showcase the UK as a spacefaring nation.

Osmose Acquires IMCORP, a Pioneer in Underground Cable Diagnostics

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Monday, April 8, 2024
Technology, Construction & Property, Engineering, Urban Planning, Utilities, Telecommunications, Building Systems, Manufacturing, Energy, Other Construction & Property, Acquisition

Osmose Utilities Services, Inc. ("Osmose"), a leading provider of structural asset management solutions for the electric utility industry, is pleased to announce the acquisition of IMCORP, the technology leader in underground power cable life cycle condition assessment and performance.

Key Points: 
  • Osmose Utilities Services, Inc. ("Osmose"), a leading provider of structural asset management solutions for the electric utility industry, is pleased to announce the acquisition of IMCORP, the technology leader in underground power cable life cycle condition assessment and performance.
  • This strategic acquisition marks a significant milestone for Osmose as it expands its portfolio of services to include state-of-the-art diagnostics and assessments for underground power cable systems.
  • IMCORP has been instrumental in improving the reliability of underground power cable systems for utilities throughout the U.S.
  • The company's technology enables precise identification of cable system vulnerabilities, facilitating proactive maintenance and extending the lifespan of critical infrastructure.

Global Optical Satellite Industry Research 2024 Featuring Key manufacturers - Airbus, Israel Aerospace Industries, Thales Group, and Maxar Technologies - ResearchAndMarkets.com

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Monday, April 8, 2024
Technology, Other Defense, Engineering, Satellite, Military, Photography, Aerospace, Manufacturing, Defense, MEO, European Space Agency, University, CEOS, United Nations, IAF, SpaceX launch vehicles, Investment, Wildfire, Environmental monitoring, Cyclone, Vandenberg Space Force Base, NGA, Committee, Observation, Make, VHR, Australian Space Agency, NASA, OECD, Energy, GEO, Geostationary orbit, SpaceX, International Astronautical Federation, Emergency management, Organization, Intelligence, Airbus, International Academy, Research, International Academy of Astronautics, Earthquake, LEO, IAA, IIRS, Technology education, Growth, UNOOSA, COVID-19, Natural Resources, Israel Aerospace Industries, Flood, Data collection, Forestry, Government, UN, Communications satellite

Optical satellites, a class of satellites utilized for Earth observation, employ visible and near-infrared light to capture images of the Earth's surface.

Key Points: 
  • Optical satellites, a class of satellites utilized for Earth observation, employ visible and near-infrared light to capture images of the Earth's surface.
  • Optical satellites offer the capability to capture detailed images with high spatial resolution, enabling precise analysis and decision-making.
  • The increasing institutional space budget positively impacts the optical satellite market by fostering innovation, research, and development of advanced satellite technologies.
  • The key manufacturers in the global optical satellite market are:

Ecotrust and Broadstreet Launch New Partnership in Support of Climate and Community Development Financing

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Monday, April 8, 2024
Environmental Health, Professional Services, Natural Disasters, Other Energy, Climate Change, Recycling, Alternative Energy, Energy, Green Technology, Sustainability, Environmental, Social and Governance (ESG), Other Professional Services, Environment, Finance, Environmental Policy, Asset Management, Environmental Issues, Organization, EPA, Investment, Collaboration, Inflation, Renewable energy

Through the newly formed Broadstreet Ecotrust Consulting Collaborative, the two organizations will support awardees and subawardees of the GGRF with impact measurement system design and implementation, reporting, and evaluation services.

Key Points: 
  • Through the newly formed Broadstreet Ecotrust Consulting Collaborative, the two organizations will support awardees and subawardees of the GGRF with impact measurement system design and implementation, reporting, and evaluation services.
  • A comprehensive list of services can be found here .
  • Additional funding for clean energy projects has also been made available through the $7 billion Solar for All competition.
  • “We are delighted to collaborate with Ecotrust to empower GGRF awardees in their efforts to decarbonize the American economy and deliver measurable benefits to underserved communities,” said Kevin Boes, CEO of Broadstreet.

Ameresco Begins Construction of Biogas Cogeneration Project in Sacramento, California

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Monday, April 8, 2024
Environment, Utilities, Sustainability, Alternative Energy, Green Technology, Energy, Electricity, Public, Methane, Hydrogen, AMRC, Sewage, Renewable energy

By incorporating the fuel cell system, the project will have exceptional efficiency and reduced pollutant emissions, making it a clean, reliable baseload dispatchable resource.

Key Points: 
  • By incorporating the fuel cell system, the project will have exceptional efficiency and reduced pollutant emissions, making it a clean, reliable baseload dispatchable resource.
  • Additionally, the system will allow for the expandability to produce hydrogen in the future.
  • Through our sustainable efforts in resource recovery, we maximize the reuse of treatment process by-products such as biogas,” shared Christoph Dobson, SacSewer’s General Manager.
  • To learn more about the energy efficiency solutions offered by Ameresco, visit www.ameresco.com/energy-efficiency/ .

Bloom Energy to Receive up to $75 million in Federal Tax Credits for Fremont Manufacturing Plant

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Monday, April 8, 2024
Environment, Technology, Environmental Policy, Other Energy, Utilities, Alternative Energy, Green Technology, Energy, Batteries, White, Bloom, Bloom Energy, Heart, Treasury, Internal Revenue Service, Government, Average revenue per user, Federation, Renewable energy

Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, was recently awarded up to $75 million in tax credits by the Department of Energy, Department of Treasury, and the Internal Revenue Service under the Qualifying Advanced Energy Project 48C initiative.

Key Points: 
  • Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, was recently awarded up to $75 million in tax credits by the Department of Energy, Department of Treasury, and the Internal Revenue Service under the Qualifying Advanced Energy Project 48C initiative.
  • Bloom was selected for this award for its commitment to expand domestic manufacturing and fuel cell and electrolyzer production capacity at its multi-gigawatt Fremont, California manufacturing plant.
  • At the heart of Bloom Energy’s recently opened Fremont facility is the ability to manufacture high-efficiency fuel cell stacks, which serve as the foundational technology for the company’s Energy Server® platform and Bloom Electrolyzer™.
  • The funding is part of the $4 billion in tax credits recently announced by the White House under the Qualifying Advanced Energy Project Tax Credit to accelerate domestic clean energy manufacturing and reduce greenhouse gas emissions at industrial facilities.

AECOM-led joint venture selected as delivery partner for Frederick Douglass Tunnel Program in Baltimore

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Monday, April 8, 2024
Urban Planning, Professional Services, Architecture, Transportation, Travel, Public Transport, Construction & Property, Rail, Alternative Energy, Engineering, Energy, Green Technology, Transport, Manufacturing, Building Systems, Environment, Consulting, Frederick Douglass, Tunnel, West Baltimore station, Baltimore Penn Station, NEC, ACM, Safety, MARC, Amtrak, Rail transport

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that an AECOM-led joint venture with Jacobs has been selected by Amtrak to serve as delivery partner for the $6 billion Frederick Douglass Tunnel Program that will upgrade a ten-mile section of the Northeast Corridor (NEC), America’s busiest passenger rail line.

Key Points: 
  • AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that an AECOM-led joint venture with Jacobs has been selected by Amtrak to serve as delivery partner for the $6 billion Frederick Douglass Tunnel Program that will upgrade a ten-mile section of the Northeast Corridor (NEC), America’s busiest passenger rail line.
  • The cornerstone of the program will be the delivery of the Frederick Douglass Tunnel featuring two new high-capacity tubes for electrified passenger trains.
  • The scope of services includes program management, design oversight, construction oversight, commissioning oversight, program controls, and commercial and capacity building.
  • Further updates will involve the integration of modern fire and safety systems, including emergency pathways to the surface and fire ventilation systems.

Soluna Announces Monthly Business Update

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Monday, April 8, 2024
Software, Networks, Other Energy, Professional Services, Hardware, Utilities, Data Management, Alternative Energy, Energy, Technology, Artificial Intelligence, Cryptocurrency, Bitcoin, Annual report, Conference, Patent, Form 10-K, AI, Security (finance), Our Power, GAAP, ERCOT, Weather, PPA, Corporation, Kilowatt-hour

Nvidia GTC Conference – Our CTO and CEO attended the Nvidia’s GTC2024 developer conference and continued discussions with potential customers and partners for our AI Venture.

Key Points: 
  • Nvidia GTC Conference – Our CTO and CEO attended the Nvidia’s GTC2024 developer conference and continued discussions with potential customers and partners for our AI Venture.
  • First AI Hosting Customer Deployed – we deployed the first phase of our new AI Hosting deal at Project Sophie.
  • AMA - The Company published responses to investor questions in its monthly AMA for March.
  • All information provided in this press release is as of the date of the press release, and Soluna Holdings, Inc. undertakes no duty to update such information, except as required under applicable law.

Magnolia Oil & Gas Schedules Conference Call for First Quarter 2024 Results

Retrieved on: 
Monday, April 8, 2024
Energy, Utilities, Oil, Gas, Webcast, MGY, Central Time

Magnolia Oil & Gas Corporation (NYSE: MGY) will host a conference call and webcast to discuss operational and financial results for the first quarter 2024 on Wednesday, May 8 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time).

Key Points: 
  • Magnolia Oil & Gas Corporation (NYSE: MGY) will host a conference call and webcast to discuss operational and financial results for the first quarter 2024 on Wednesday, May 8 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time).
  • Join the webcast by visiting Magnolia’s website at www.magnoliaoilgas.com/investors/events-and-presentations and clicking on the webcast link or by dialing 1-844-701-1059.
  • Materials related to Magnolia’s first quarter 2024 financial results to be discussed during the webcast will be made available in the Investors section of the website prior to the call.
  • The company will post a replay of the webcast on its website following the call.

Oklo Signs LOI to Supply 50 Megawatts of Power to Diamondback Energy

Retrieved on: 
Monday, April 8, 2024
Technology, Security, Utilities, Public Policy, Government, Software, Alternative Energy, Energy, Nuclear, Hardware, White House, Federal Government, Permian, Inc., Power purchase agreement, Electricity, Diamondback Energy, De Witte, Multimedia, PPA, LOI

Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, announces an agreement with Diamondback Energy Inc. (“Diamondback”) (NASDAQ: FANG), the largest independent producer headquartered in the shale-oil region to collaborate on a long-term Power Purchase Agreement (“PPA”).

Key Points: 
  • Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, announces an agreement with Diamondback Energy Inc. (“Diamondback”) (NASDAQ: FANG), the largest independent producer headquartered in the shale-oil region to collaborate on a long-term Power Purchase Agreement (“PPA”).
  • View the full release here: https://www.businesswire.com/news/home/20240408533423/en/
    The LOI signed by Diamondback outlines its intent to enter into a 20-year PPA with Oklo.
  • According to the terms of the LOI, Oklo intends to license, build, and operate powerhouses capable of generating 50 MW of electric power to Diamondback E&P LLC, a wholly owned subsidiary of Diamondback near Midland, Texas.
  • The collaboration between Oklo and Diamondback represents a significant step towards emissions reductions and supporting national energy security by providing reliable access to electricity to power domestic energy operations.