Energy
Fort Worth Firm Aims to Lead Hydrogen Energy Production
Fort Worth-based company Harnyss is set to revolutionize the hydrogen energy production and storage market with its proprietary technology. Using a patented process, Harnyss offers low-pressure hydrogen storage solutions using non-rare earth minerals, providing a safer alternative to lithium-ion batteries. The technology enables the creation of a hydrogen power system that captures atmospheric water, producing…
Federal Grant to Bring Public EV Chargers to Dallas-Fort Worth
North Texas is set to benefit from a significant boost in electric vehicle (EV) infrastructure with the allocation of $85 million in federal energy funding. The North Central Texas Council of Governments is slated to receive $15 million to install 100 new public EV charging stations, along with an additional $70 million earmarked for the…
CPS Energy Secures 150MW Solar Power in GCI Agreement
CPS Energy has successfully finalized an agreement to acquire 150 megawatts of solar power through a new collaboration with a Dallas-based energy company, as confirmed by the city-owned utility on Monday. Genesis Consolidated Industries Holdings Inc. is set to construct the solar farm in Caldwell County, making a significant contribution to CPS Energy’s ambitious goal…
Austin Faces Hurdles in Closing Coal Power Plant for Green Goals
In 2020, the city greenlit a strategy to close the Fayette Power Project plant, intending to eradicate carbon emissions. However, various political, economic, and technological challenges have arisen since then. Two Pivotal Dates Define the Struggles of Fayette Power Project’s Future: In recent years, two significant dates have come to define the uncertain path of…
Exxon’s Divestment: XTO’s Freestone Trend Assets in East Texas Set for Sale
Exxon Mobil’s subsidiary, XTO Energy, has recently entered into an agreement to divest its oil and gas assets situated in the Freestone Trend area of East Texas. The buyer is Houston-based oil company Hilcorp Energy, as confirmed in filings made with the Texas Workforce Commission. The Freestone Trend area encompasses six Texas counties: Freestone, Limestone,…
CenterPoint Energy: Powering Texas Business Growth
How the company isn’t just a utility company for consumer servitude Texas, known for its vast landscapes and thriving industries, is a state where energy holds a paramount role. Among the key players in the Texan energy landscape, CenterPoint Energy stands as a prominent figure. This Houston-based utility company has been instrumental in powering Texas…
DOE Unveils $400 Million Initiative to Enhance Building Energy Codes
On September 19, 2023, the U.S. Department of Energy issued program guidance and initiated the application process for $400 million in funding dedicated to promoting the adoption of enhanced building energy codes In the fight against climate change, elevating energy efficiency and reducing carbon emissions in existing buildings has taken center stage in federal initiatives….
Federal Funding Awarded to CPS Energy for Enhanced Resiliency and Reliability
CPS Energy has been chosen by the U.S. Department of Energy (DOE) to receive an allocation of approximately $30.2 million. These funds will further bolster CPS Energy’s ongoing efforts to fortify grid reliability and resilience. This financial support from the DOE will be directed toward advancing CPS Energy’s Community Energy Resiliency Program, which is primarily…
TotalEnergies Energizes 380MW Solar-Plus-Storage Venture in Texas
French energy company TotalEnergies has initiated commercial operations for its 380MWp solar-plus-storage venture, named Myrtle Solar, situated in Texas, United States. This project, located to the south of Houston, is accompanied by a 225MWh energy storage system supplied by TotalEnergies’ affiliate, Saft, and features a colossal array of 705,000 solar panels. The majority of the…
Baker Hughes Moves to New HQ in Houston’s Energy Corridor, Embracing Hybrid Work
Baker Hughes Transitions to Modern Hybrid Work Headquarters in Houston’s Energy Corridor Baker Hughes, a prominent energy company, recently made a significant move by relocating hundreds of its Houston-area employees to a newly refurbished corporate headquarters in the heart of the Energy Corridor. This move marks the latest addition to the growing trend of companies…
How Exxon’s New Spring Headquarters Showcases the Industry’s Resilience
Exxon Mobil Corporation announced on Wednesday, during an event held at its headquarters in northern Houston, that the demand for its refineries will persist even as gasoline demand diminishes. The company unveiled detailed plans to produce new products at its refineries in response to the decreasing value of petroleum-based transportation fuels and the increasing need…
Inside the $200 Million Financing of a Solar Farm North of Houston
Recurrent Energy, the U.S. branch of Canadian Solar, a solar developer, announced on Tuesday that it has secured financing for its solar farm currently under construction in Liberty County, located 50 miles northeast of Houston. Recurrent will receive $120 million in construction debt, a letter of credit facility, and a term loan for the project…
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