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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

China's Three Gorges Dam Awaits Investment

LCG, March 12, 2002-China's 279 foot (185 m) hydroelectric dam project will be launched by the end of this year, pending investment. The Three Gorges dam will span the Yangtze River.

The huge project involves creating a 232 square mile (600 square km) reservoir, subsequently wiping out whole cities. Over one million people are being resettled to other parts of China, including Tibet. Proponents say the main function of the dam is to prevent deadly floods and to generate 18,200 MW of electricity.

The project still awaits over $400 million in investment from those inside China, although more international offerings are to be extended to Hong Kong and possibly London investors. Laws are already being established as to where power will go and what choices local companies will have over where to get power, although some scientists still question the engineering viability of such a large dam.

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