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Energy & Environment

Shell Nets $840M as Talos, Ridgewood Close Na Kika Divestment

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Shell Nets $840M as Talos, Ridgewood Close Na Kika Divestment

Houston – September 22, 2026 -- Shell Offshore Inc. has closed the sale of its 50% non-operated stake in the Na Kika platform and its wholly owned Coulomb tieback in the Gulf of America, collecting approximately $840 million in cash proceeds after adjustments tied to a July 1, 2025 effective date.

Talos Energy and Ridgewood Energy affiliates take over Gulf of America assets

A subsidiary of Talos Energy and an affiliate of Ridgewood Energy acquired the interests, which were originally valued at $1.7 billion in total consideration at signing before customary adjustments and contingent payments. BP, which operates Na Kika, retains the remaining 50% working interest in the platform.

PG&E Foundation, CFF Award $1M in Wildfire Grants to 75 Agencies

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PG&E Foundation, CFF Award $1M in Wildfire Grants to 75 Agencies

Oakland, Calif. – September 22, 2026 -- The California Fire Foundation (CFF), backed by The PG&E Corporation Foundation, has distributed $1 million in wildfire safety grants to 75 fire departments, fire agencies and nonprofits across Northern and Central California.

PG&E Foundation adds $50,000 to expand ninth annual grant round

The PG&E Foundation committed an additional $50,000 this year to enhance the program, which marks the ninth consecutive year of partnership between CFF and the foundation. CFF reviewed more than 200 submissions during a month-long application window before selecting recipients in high wildfire-risk areas, with awards timed to National Preparedness Month.

Green Fuel Forward Adds Amazon, Bain, Temasek Trust; Membership Hits 48

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Green Fuel Forward Adds Amazon, Bain, Temasek Trust; Membership Hits 48

Singapore – September 22, 2026 -- Green Fuel Forward (GFF), the sustainable aviation fuel (SAF) demand-aggregation initiative launched by GenZero and the World Economic Forum (WEF) in May 2025, has expanded its Steering Committee and added Amazon, Bain & Company, and Temasek Trust as members, pushing total membership to 48 companies.

New Steering Committee members bring procurement and investment expertise

The Center for Green Market Activation (GMA) and the Singapore Sustainable Aviation Fuel Company (SAFCo) joined founding member GenZero on GFF's Steering Committee, announced during Green Markets Day at New York Climate Week. The expanded committee combines investment, demand-aggregation, procurement and market-development capabilities as GFF shifts from market awareness toward facilitating corporate SAF and SAF certificate (SAFc) transactions across Asia.

PMET, Koch Unit Advance Simplified Caesium Chemical Process

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PMET, Koch Unit Advance Simplified Caesium Chemical Process

Montreal – September 22, 2026 -- PMET Resources Inc. has completed a Phase 2 bench-scale testwork program with Koch Technology Solutions (KTS) that demonstrates a simplified, more selective pathway to convert pollucite concentrate from its Shaakichiuwaanaan Project into high-purity caesium chemical products.

KTS process shows high selectivity, bypassing costly impurity-removal stages

The bench-scale program used approximately 6 kg of pollucite concentrate, assaying 12% Cs2O, produced via X-Ray Transmission ore sorting of drill core from the Vega Caesium Zone at the CV13 Pegmatite. Results confirmed the KTS proprietary flowsheet technology achieves high selectivity for caesium with a much-reduced impurity profile, potentially allowing much of the conventional impurity-removal stages to be skipped and lowering recovery costs into a final high-purity product.

Soltage Battery Storage Completes Second NYC Peak Summer Season

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Soltage Battery Storage Completes Second NYC Peak Summer Season

Jersey City, N.J. – September 22, 2026 -- Soltage's 55 Drive battery storage facility, New York City's first such asset from the independent power producer, discharged at full capacity during peak summer demand this year, completing its second full operating season on the Con Edison network.

New York's reliability margin has collapsed to 417 MW, down from 2,227 MW in 2018

The New York Independent System Operator reported the drop heading into this summer, the lowest margin in recent history. NYISO has flagged reliability needs in New York City over its five-year planning horizon, with the state targeting 6 GW of storage capacity by 2030, prioritizing downstate projects.

Pylontech Starts Mass Production of 588Ah, 601Ah LFP Cells

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Pylontech Starts Mass Production of 588Ah, 601Ah LFP Cells

Hefei – September 22, 2026 -- Pylontech (688063:SH) began mass production of its 588Ah and 601Ah prismatic LFP cells for utility-scale energy storage at its Hefei manufacturing base on September 21, with more than 100MWh already produced.

New cells hit 425.8Wh/L energy density and 12,000-cycle life

The 601Ah cell delivers an energy density of 425.8Wh/L, a cycle life exceeding 12,000 cycles and energy efficiency of 96.5%. The higher-capacity design cuts the number of cells and interconnections needed per storage system, allowing more compact architectures and improved lifecycle economics.

Cells feed into 6.25MWh and 8MWh PyOcean systems entering delivery

The 588Ah and 601Ah cells, developed in-house, are being integrated into Pylontech's next-generation PyOcean 6.25MWh and 8MWh energy storage systems, which are moving into project delivery.

i-80 Gold's Mineral Point Drilling Signals Expansion Beyond 2025 PEA Resource

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i-80 Gold's Mineral Point Drilling Signals Expansion Beyond 2025 PEA Resource

Nevada – September 22, 2026 -- i-80 Gold Corp. reported initial results from 35 drill holes at its Mineral Point open pit project in Nevada, with 19 step-out holes outside the existing mineral resource all encountering mineralization, over half returning more than 100 meters of gold and silver intercepts.

Step-out drilling extends mineralized footprint east of known deposit

Of the 35 holes reported, 15 step-out holes were drilled east of the deposit, three to the north, and one to the west. Tyler Hill, VP Geology, said initial results suggest potential to extend mineralization by approximately one kilometer along strike and 300 meters in width. The eastern zone was previously drilled sparsely by Homestake Mining Company in the early 1990s but was not advanced due to depth and gold price constraints at the time.

EYKON Divests Water Meter Unit to Sensus International

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EYKON Divests Water Meter Unit to Sensus International

Cham, Switzerland – September 22, 2026 -- EYKON has agreed to sell its water meter business to Sensus International, with both companies operating under the AURELIUS Midmarket portfolio.

EYKON sharpens focus on advanced metering and connectivity after divesting water unit

The transaction allows EYKON to concentrate resources on areas where it holds established scale, long-standing customer relationships and leading market positions. EYKON, formerly the Landis+Gyr EMEA business, serves customers across more than 75 markets and supports over 100 million connected endpoints. The deal marks a further step in the company's portfolio evolution following its earlier expansion into the water sector.

Hylenr Completes Phase 1 Validation of Fusion Reactor at Texas A&M

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Hylenr Completes Phase 1 Validation of Fusion Reactor at Texas A&M

Hyderabad – September 22, 2026 -- Hyderabad-based deeptech firm Hylenr has completed Phase 1 independent validation testing of its Lattice Confinement Fusion (LCF) reactor at Texas A&M University's Nuclear Engineering Department, detecting elevated helium and argon signals two to three orders of magnitude above background levels.

Texas A&M tests reveal anomalous gas and thermal signatures in BRT-NiUCS-2 reactor

The study, titled 'Validation of Anomalous Heat and Nuclear Signatures in the BRT-NiUCS-2 Reactor: Phase 1 LCF Investigation,' examined the hydrogen-loaded nickel-palladium catalyst reactor using thermal measurement, residual gas analysis, radiation monitoring and post-reaction material characterization. Residual Gas Analysis via an SRS RGA 100 system under high-vacuum conditions found no corresponding rise in nitrogen, ruling out atmospheric leakage as the sole cause of the elevated helium, argon and neon readings.

BiomeRenewables Wins US Patent for Owl-Inspired Turbine Tech

Toronto – September 22, 2026 -- The United States Patent and Trademark Office has allowed BiomeRenewables Inc.'s Application No. 18/942094, covering the serration structure behind its FeatherEdge® wind turbine blade technology, the Canadian cleantech firm announced.

Patent covers owl-inspired serration design that cuts turbine noise

The application, titled "STRUCTURE WITH SERRATIONS ADAPTED TO TRAVERSE A FLUID ENVIRONMENT," protects Biome's double-dip serration design modeled on the silent flight of owls. The technology reduces aerodynamic noise from wind turbine blades while increasing power output, according to the company.