Energy, Utilities & Environment

Catalyst Power Launches No-Upfront-Cost CHP for Senior Living

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Catalyst Power Launches No-Upfront-Cost CHP for Senior Living

New York – – October 15, 2026 -- Catalyst Power Holdings LLC has launched Catalyst Power for Senior Living & Care, an energy service that finances, builds and operates onsite cogeneration for care communities with no upfront investment from operators.

Service targets five senior care facility types with combined heat and power

The offering covers independent living, assisted living, memory care, life plan communities and skilled nursing facility operators. It is anchored by Combined Heat and Power (CHP), which Catalyst Power says best matches the continuous heating, hot water and power demand of care communities. Solar and energy storage are available where a site and its load profile support them.

CEO Gabriel Phillips said these buildings run domestic hot water, laundry, heating and cooling around the clock, year-round, and often must hold ambient temperatures within strict ranges. He called that load profile "perfect for CHP."

OLI Launches TrueCORR to Flag Corrosion Risk in Live Plants

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OLI Launches TrueCORR to Flag Corrosion Risk in Live Plants

Parsippany – October 15, 2026 -- OLI has launched TrueCORR, a corrosion intelligence solution that feeds live plant data into first-principles chemistry models to identify changing corrosion risk before it becomes an asset integrity concern. Initial applications target refining and upstream oil and gas production.

TrueCORR continuously interprets process conditions using OLI's thermodynamic and corrosion models. Engineers can see how the corrosive environment changes while an asset is operating. The software adds context beyond alarms and individual monitoring points, helping teams determine whether a process change is affecting corrosion and what is causing it.

Recurrent Energy Starts Operation of 200 MWp Villameca Solar Plant

Kitchener – – October 15, 2026 -- Recurrent Energy, a subsidiary of Canadian Solar (NASDAQ: CSIQ), has started commercial operations at its 200 MWp Villameca solar project in Castilla y León, Spain, bringing the company close to 1 GW of operating solar capacity in the country by the end of the year.

Villameca is expected to generate 359,172 MWh of electricity a year

The photovoltaic plant is expected to supply more than 100,000 homes and avoid about 57,000 tons of CO2 emissions annually. The company equates that to removing more than 12,000 internal combustion vehicles from the road.

Calumet Calls $150M of 2028 Notes, Targets $26M Interest Savings

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Calumet Calls $150M of 2028 Notes, Targets $26M Interest Savings

Indianapolis – October 15, 2026 -- Calumet, Inc. (NASDAQ: CLMT) will redeem $150 million of its 9.75% Senior Notes due 2028 on October 25, 2026, lifting total debt retired since July 2026 to approximately $265 million.

The Issuers, Calumet Specialty Products Partners, L.P. and Calumet Finance Corp., both wholly owned subsidiaries, will pay a cash redemption price of 102.438% of principal, plus accrued and unpaid interest to but not including the redemption date. The notes (CUSIP Nos. 131477 AW1 and U13077 AM1) were originally issued in June 2023.

Calumet expects roughly $26 million in annual cash interest savings

CFO David Lunin said the $265 million of debt reduced over the past four months, including this redemption, will cut annual cash interest by approximately $26 million. He described the move as part of an effort to accelerate debt reduction and strengthen the balance sheet.

National Grid Files £4.5bn Transmission Proposals With Ofgem

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National Grid Files £4.5bn Transmission Proposals With Ofgem

London – October 15, 2026 -- National Grid has asked Ofgem to approve 19 electricity transmission projects worth around £4.5 billion across England and Wales, filed under the RIIO-T3 load re-opener process.

Package combines £2.3bn from May with £2.2bn filed in October

The £4.5 billion total comprises £2.3 billion across six projects already submitted in the May re-opener, which are progressing through Ofgem's assessment. A further £2.2 billion is proposed in the October submission. Re-opener figures are in 2023/24 prices, in line with Ofgem's guidance for RIIO-T3 price control submissions.

SANY Extends Turbine Design Life to 25 Years, Targets 6-7% Lower LCOE

Beijing – October 15, 2026 -- SANY Renewable Energy is raising the design life of its wind turbines from 20 to 25 years, a change it estimates will lift generation profit by 56-58% over the operating period and cut levelized cost of energy (LCOE) by 6-7%. The company announced the upgrade at China Wind Power 2026.

SANY starts the 25-year upgrade with its 915 platform

The longer lifecycle debuts on the 915 platform. SANY says key components are being engineered and fatigue-tested for the full 25-year span, and select 6.X-11.X MW models are already certified for extended life.

The company puts the project-level gain at a 0.8 percentage point uplift in internal rate of return (IRR). It framed the upgrade as a response to market-based electricity pricing and grid integration pressure.

TGS wins rights to reprocess 11,000 km2 of Guinea-Bissau 3D seismic

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TGS wins rights to reprocess 11,000 km2 of Guinea-Bissau 3D seismic

Oslo – October 15, 2026 -- TGS has secured multi-client rights from state agency PetroGuin to reprocess more than 11,000 km2 of JAAN 3D seismic data across Guinea-Bissau, with final products due in Q4 2027.

TGS builds on 2019 reprocessing with new imaging tools

The agreement builds on the parties' previous 2019 PSDM reprocessing. TGS will apply elastic dynamic-matching full waveform inversion (E-DMFWI) and Kirchhoff pre-stack depth migration (KPSDM). The company expects a significant uplift in image quality compared with the existing data.

Improved imaging targets clastic and carbonate plays

The upgraded images are meant to improve assessment of both clastic and carbonate targets across the margin. TGS says this will give explorers greater confidence in evaluating prospectivity as they plan future exploration activity in Guinea-Bissau.

Select Water Upsizes Notes to $900M at 7.625% to Fund Pilot Deal

Gainesville, Texas – October 15, 2026 -- Select Water Solutions, Inc. (NYSE: WTTR) priced an upsized $900 million offering of 7.625% senior notes due 2034 through its subsidiary Select Water Holdings LLC, raising the deal by $100 million from the initial $800 million.

Notes priced at par with semiannual coupons starting May 2027

The notes mature on October 15, 2026, and pay interest at 7.625% per year on May 1 and November 1. The first payment is due October 15, 2026. The offering is expected to close on October 15, 2026, subject to customary closing conditions.

The notes are guaranteed jointly and severally on a senior unsecured basis by existing subsidiaries that are borrowers or guarantors under the revolving credit facility. Future restricted subsidiaries that guarantee certain indebtedness of the issuer or a guarantor under any credit facility will also guarantee them.

TenEx SandBOND Extends Williston Pump Life 5.5x With No Output Loss

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TenEx SandBOND Extends Williston Pump Life 5.5x With No Output Loss

Houston – – October 15, 2026 -- Two Williston Basin wells operated by Chord Energy have run for more than a year without a sand-related pump failure after a single SandBONDTM treatment, extending pump run life 5.5× and 4.7×, TenEx Technologies reported. Both pumps are still running with stable performance, and the wells recorded zero production loss.

Single bullhead treatment replaces rig-based intervention in 10,000-ft laterals

Chord Energy sought to cut pump failures caused by severe proppant production in horizontal wells with laterals of approximately 10,000 ft. TenEx treated two wells with SandBONDTM, a non-resin, atomized aluminum-based sand-control technology.

The treatment is bullheaded directly into the well and followed by a 24-hour soak. It requires no intervention rig, workover, or specialized equipment.

ATS Energy Closes Financing to Build Waste-Heat Power Generators

Loveland – October 15, 2026 -- ATS Energy has closed a new financing round to fund commercial production of its Solid-State Generator (SSG), with the first commercial unit targeted for deployment by mid-2027. The Colorado company did not disclose the size of the round or the investors involved.

Capital targets thermoelectric cartridge production and the first commercial unit

Proceeds will fund production of ATS's proprietary thermoelectric cartridges, the core component of the SSG, and completion of the first commercial unit. The generator converts industrial waste heat directly into electricity without turbines or moving parts. ATS says the financing will shorten the time needed to produce and deliver later installations. The company aims to begin revenue-generating operations in 2027.