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Quaise Takes Geothermal Tech Deeper, Hotter in Texas Hill Country
Geothermal driller Quaise Energy is gearing up for field testing north of Austin, Texas, which is expected to help move its millimeter wave drilling technology closer to a commercial test.
A Critical Time in the Critical Minerals Space
The Trump administration is trying to position direct lithium extraction, deepsea mining and battery materials-focused companies to grow domestic resources and loosen China’s grip on the global supply chain.
Big Bill Not Beautiful for Clean Energy Passes US House
The legislation passed the House early May 22 with a 215-214 mostly party line vote and essentially guts the Inflation Reduction Act.
Renewables, Fossil Fuels Unite on Threat to Texas ‘Energy Miracle’
Texas legislation from three bills has put renewable energy in the crosshairs, despite opposition from the Texas Oil and Gas Association, among others.
The Latest
Anti-Renewable Energy Bills Destined for Death in Texas Legislature
Legislation for three anti-renewable energy bills passed in the Texas Senate, but the bills were not scheduled for consideration in the House as this year’s session neared its end June 2.
NextEra Brings its First Louisiana Utility-Scale Solar Facility Online
NextEra Energy said the solar facility is located in Louisiana’s Tangipahoa Parish.
PwC: Energy Sector Falling Short on Emissions Targets
PwC data show the share of energy companies on track for Scope 1 and Scope 2 targets fell to 52% in 2024 from 57% in 2023. Scope 3 saw an even bigger fall, going from 67% to 52%.
US Cancels $3.7B in Biden-Era Clean Energy Awards, Including Exxon’s
The canceled awards, largely for CCS and decarbonization initiatives, include a $332 million award to Exxon Mobil Corp.
Northwind Approved for Third Injection Well at Delaware Complex
Northwind Midstream Partners continues to expand its sour-gas operations in southeastern New Mexico.
Energy Transition in Motion (Week of May 30, 2025)
Here is a look at some of this week’s renewable energy news, including a move by the Trump administration to fast-track geothermal projects.
Zeo Energy to Acquire Solar Power Producer Heliogen in $10MM Deal
The transaction is expected to close in third-quarter 2025, subject to the approval of Heliogen’s stockholders as well as customary closing and other conditions.
Solar Firm Sunnova Says Trump Administration Cancels $2.92B Loan
Sunnova Energy’s loan cancelation comes as the Trump administration, pushing to maximize oil and gas production, is reviewing government financing for alternative energy.
Conestoga Energy Completes Class VI Well Drilling Operations
Focus now turns to data analysis and preparing application materials for the EPA’s Class VI well application process, the company says.
Class VI Permit Applications Plummet by 55%
Enverus says the 55% decline in Class VI permit applications during the first quarter signals a slowdown, but regulatory progress indicates continued momentum in U.S. carbon capture efforts.