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Alaska’s Carbon Capture Potential

1 week ago | thebusinessdownload.com | Greg Herrigel

In March, Vida Gabriel, Ph.D., founder and COO of TerraFixing, and Penny Gage, chief policy and partnerships officer at Launch Alaska, penned an op-ed published in Anchorage Daily News. In the opinion piece, the two make the case that carbon removal could transform Alaska’s economy. Launch Alaska and TerraFixing are working on the front lines of carbon removal and are well-versed in the economic opportunities carbon removal initiatives present across the state.
North Carolina Students Ride Clean Energy Employment Boom

1 week ago | thebusinessdownload.com | Greg Herrigel

According to the U.S. Bureau of Labor Statistics, the fastest-growing occupations between 2023 and 2033 are wind turbine service technicians, with a growth rate of 60%, and solar photovoltaic installers, with a growth rate of 48%.
Republicans Champion Energy Independence Through Smart Tax Policy

1 week ago | thebusinessdownload.com | Greg Herrigel

Last week, four influential Republican senators—Sen. John Curtis (R-UT), Sen. Lisa Murkowski (R-AK), Sen. Thom Tillis (R-NC), and Sen.
Venture Firm Pelion Raises $500 Million for Utah’s Largest Fund

1 week ago | thebusinessdownload.com | Greg Herrigel

(Bloomberg) —Salt Lake City-based Pelion Venture Partners has raised $500 million for a new fund — an unusually large sum for a firm located outside of a coastal hub, and the largest in Utah history. The funding is a bright spot during an industrywide downturn, as more venture firms have struggled to raise capital in the post-pandemic slump, and many investors have flocked to already-established Silicon Valley names.
Iowa High School Students Prepare To Enter Clean Energy Workforce

2 weeks ago | thebusinessdownload.com | Greg Herrigel

In February, Mason City High School introduced the Pathways to Green Energy Career Program for students in their senior year after completing prerequisite courses such as chemistry. The program, which will launch in the fall semester and be taught by science teacher Andrew Klenk, will give the students the skills they need to get jobs in the clean energy sector after graduating.
Maine’s Solar Development Roundup

2 weeks ago | thebusinessdownload.com | Greg Herrigel

The solar industry is booming in Maine. In December, Vermont-headquartered Encore Renewable Energy announced the launch and activation of two solar projects: the 4 MW Brooks Solar project in Brooks and the 2.3 MW Alpine Street Solar project in Oakland. As the company transitions to being an Independent Power Producer, the two projects are the first to be owned and operated by the company as a long-term asset owner rather than a project developer.
Top US Utility Says Gas Can Meet Only a Fraction of Power Demand

2 weeks ago | thebusinessdownload.com | Greg Herrigel

(Bloomberg) —NextEra Energy Inc., the biggest US utility and No. 1 developer of wind and solar generation, believes power plants fueled by natural gas can meet only a sliver of the unprecedented electricity demand growth forecast through the end of the decade.
Alaska Renewables Pushes Forward With Large Wind Projects

3 weeks ago | thebusinessdownload.com | Greg Herrigel

Fairbanks-based Alaska Renewables was founded in 2021 by Andrew McDonnell, a former University of Alaska Fairbanks professor and oceanographer, and Matt Perkins, the chief marketing officer of air conditioning startup, 7AC, until Emerson acquired it. Alaska Renewables’ clean energy projects can be relied on as a reliable and cost-effective energy source that creates jobs and improves the grid’s resiliency.
TSMC Unveils $100 Billion US Investment in Boost for Trump

3 weeks ago | thebusinessdownload.com | Greg Herrigel

(Bloomberg) —Taiwan Semiconductor Manufacturing Co., the world’s top producer of AI chips, plans to invest an additional $100 billion in US plants that will boost its chip output on American soil and support President Donald Trump’s goal of increasing domestic manufacturing. TSMC Chief Executive Officer C.C. Wei joined Trump at the White House to unveil the company’s vision for expanding a US footprint that got its start in 2020 during the president’s first term.
EV Maker Nikola Pitches Arizona Facility as Valuable in World of Trump Tariffs

3 weeks ago | thebusinessdownload.com | Greg Herrigel

(Bloomberg) —Supply Lines is a daily newsletter that tracks global trade. Sign up here. Bankrupt electric vehicle maker Nikola Corp. won court permission to auction its Arizona manufacturing facility, an asset creditors said may prove especially valuable to automakers as the Trump administration continues to go back-and-forth on implementing tariffs.