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Home2022December

Month: December 2022

Global
International News

The UAE Will Benefit From Its Global Leadership In The Clean And Renewable Energy Sector – MD & CEO of DEWA

December 20, 2022 Mariel Alumit

The presence of the Middle East and North Africa region on the global sustainability agenda continues to grow. The region is witnessing significant momentum in accelerating climate action and strengthening bridges of international cooperation to […]

Mitsubishi
Energy Storage

Mitsubishi Power and Origis Energy to bring battery energy storage projects to the Southeast U.S.

December 20, 2022 Mariel Alumit

Origis Energy, one of America’s largest solar and energy storage developers, has contracted Mitsubishi Power Americas to deliver three utility-scale battery energy storage system (BESS) projects totaling 150 megawatts / 600 megawatt hours. The projects […]

Price
Rare Earth Minerals

Microsoft executive joins IMDEX board

December 20, 2022 Mariel Alumit

Mining-tech company IMDEX announced a senior Microsoft executive with extensive business, digital, and resource sector experience has been appointed to the board. Seattle-based Microsoft Chief Commercial Officer, Worldwide Energy and Mining, Uwa Airhiavbere, has been […]

EU
Energy Policy

EU Adopts Emergency Measures on Renewable Energy Permitting

December 20, 2022 Mariel Alumit

EU energy ministers agreed to urgently speed up the permitting of renewables, reports Wind Europe. The decision for emergency measures to accelerate permitting had been reached in November already but the final green light was given […]

EQT
Exploration and Production

EQT Infrastructure to acquire Madison Energy Investments, a leading integrated US solar distributed generation platform

December 20, 2022 Mariel Alumit

Transaction builds on EQT’s thematic investment strategy in the renewable energy space, adding a leading integrated renewable distributed generation platform that is a key contributor to the broader energy transition by providing solar and storage […]

development
Rare Earth Minerals

New model allows for balancing rare plant protection, mine development

December 20, 2022 Mariel Alumit

Researchers at Utah State University are mapping out strategies that allow balancing the emerging demand for mining and energy development projects on the Colorado Plateau and the survival of the area’s rare plant populations. In […]

Saudi
Electric Vehicles

Tesla Competitor Lucid Raises $1.5 Billion, Majority From Saudi Sovereign Wealth Fund

December 20, 2022 Mariel Alumit

Key Takeaways Lucid Group has raised an additional $1.5 billion to support ongoing operations, with $915 million being contributed by the Saudi Arabia Public Investment Fund. It keeps the Fund’s stake in Lucid at around […]

Lithium
Rare Earth Minerals

Lithium Americas buys Arena Minerals in $227 million deal

December 20, 2022 Mariel Alumit

Lithium Americas (TSX, NYSE: LAC) is buying all the shares it does not already own of fellow Canadian Arena Minerals (TSX-V: AN) in a deal that gives the Vancouver-based lithium miner further access to the Pastos […]

Price
Rare Earth Minerals

IAMGOLD gets $340 million funding from Sumitomo for Côté gold project; stock jumps

December 20, 2022 Mariel Alumit

IAMGOLD (TSX: IMG) (NYSE: IAG) has reached an agreement to amend its existing joint venture agreement with Japan’s Sumitomo Metal Mining in order to secure funding for the company’s Côté gold project in Ontario. Under […]

fossil fuel
Crude Oil News

Impact on Kern County from decision to end fossil fuel production by 2045

December 20, 2022 Mariel Alumit

Bakersfield, Calif. (KBAK/KBFX) — Earlier in the year, Governor Gavin Newsom signed legislation to eliminate fossil fuel production in California by 2045. “We’ll create 4 million jobs, cut air pollution by 71%, and cut oil […]

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