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Calpine and ExxonMobil Sign CO2 Transportation and Storage Agreement for CCS Project in Texas

LCG, April 24, 2025--Exxon Mobil Corporation (ExxonMobil) announced yesterday an agreement with Calpine Corporation (Calpine) to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine’s Baytown Energy Center, a natural gas-fired facility located near Houston, Texas. This is part of Calpine’s Baytown Carbon Capture and Storage (CCS) Project that is designed to add CCS for the facility’s CO2 emissions. The Calpine facility could then provide a 24/7 supply of low-carbon electricity to the Texas grid plus steam to nearby industrial facilities.

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Doral Renewables Selects NovaSource as Partner to Deploy the 1.6-GWdc Mammoth Solar Project in Indiana

LCG, April 21, 2025--NovaSource Power Services ("NovaSource") recently announced that it has partnered with Doral Renewables and has been selected as the Operations and Maintenance ("O&M") and Generator Operator ("GO") for the Mammoth Solar Project, one of the largest agrivoltaics facilities in the United States.

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Industry News

AES Boosts Ownership in Argentine Hydroelectric Plant

LCG, Jan. 4, 2001AES Corp. said yesterday that it had acquired an additional 39 percent ownership interest in a 1,000 megawatt hydroelectric facility in the Argentine province of Neuquen, bringing its total interest to 98 percent.

Last August, the U.S. firm bought a 59 percent interest in Hydroelectrica Alicura from Southern Energy Inc., also of the U.S. Yesterday, AES said it had last week purchased additional interests of 19.5 percent each from the Argentine federal government and from the provincial government of Neuquen.

AES said it paid a total of $9 million in the two transactions.

Hydroelectrica Alicura consists of four 250 megawatt turbines. It is located in Argentina's Andes on the Limay River near Bariloche, on the border of Rio Negro province.

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