When GlassPoint succumbed to bankruptcy in 2020 the vision of solar-powered steam production seemed to have come to a close.
Australia’s Woodside and US-based Heliogen have signed an agreement to deploy a 5 MW electric (MWe) module of Heliogen’s AI-enabled concentrated solar energy technology in California and jointly market Heliogen’s innovative technology in Australia.
The Suriname-Guyana basin continues to be a focal point for hydrocarbon exploration and development, as evidenced by CGX Energy’s recent discovery at the Corentyne block, in line with Suriname’s Block 58. Indeed as frontier E&P remains at a comparatively low ebb, this represents one of few global hotspots, with an estimated 16bn barrels of recoverable resources discovered to date.
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) is collaborating with US-based Heliogen, a provider of AI-enabled concentrated solar energy, to build a 5 MW commercial-scale demonstration facility in California.
BP reached an agreement today to purchase 9GW of solar development projects in the US from independent US solar developer 7X Energy for $220 million.
A joint venture involving French oil major Total is planning to develop a dozen solar and energy storage projects in the U.S., including five in Texas.
In a challenging year for Chinese companies pursuing acquisitions abroad, Latin America emerged as a region where they were able to make some corporate marriages work.
SDCL Energy Efficiency Income Trust (SEEIT) has agreed to acquire a series of on-site solar and energy storage projects in the US in a deal worth around £110 million.