Green Markets is a daily series dedicated to highlighting events of interest that could impact investments within environmental markets.
General Environmental/Regulatory
Energy transition software provider Orennia has closed its Series C growth financing round, led by BlackRock and Temasek’s Decarbonization Partners fund. Orennia's AI-powered platform helps energy transition developers and investors make informed capital allocation decisions across sectors like renewables, storage, clean fuels, and carbon capture.
Battery Metals
MP Materials has commenced commercial production of neodymium-praseodymium metal at its Independence facility in Fort Worth, Texas, marking a significant milestone in the U.S. rare earth supply chain. The company also began trial production of neodymium-iron-boron (NdFeB) magnets, which are essential for industries such as electric vehicles, robotics, and defense. This facility, the first fully integrated rare earth metal, alloy, and magnet manufacturing plant in the U.S. The company expects to produce 1,000 tonnes of NdFeB magnets annually, with deliveries to General Motors planned for the end of the year.
Rio Tinto is optimistic about the potential approval of its Resolution copper mine project in Arizona, a joint venture with BHP Group. The company is betting that U.S. President Donald Trump will give the green light for the stalled project, which can supply over a quarter of the U.S.'s copper needs. Although the Resolution mine has faced delays, it is considered critical for meeting the growing demand for copper, especially as the U.S. looks to boost its domestic supply of this key material for green technologies and other industries.
Related Stock List(s): Commodity Trust Stocks, Commodity Royalty Stocks
Biofuels/Chemicals
Boeing has invested in Norsk e-Fuel, a synthetic aviation fuel producer, becoming a key partner in the company's efforts to develop one of Europe’s first industrial-scale Power-to-Liquids facilities. Norsk e-Fuel, based in Oslo, produces electro-SAF (e-SAF) using CO2 and water powered by fossil-free electricity to create green hydrogen, which is then combined with recycled CO2.
Related Stock List(s): Biofuels & Chemicals Stocks
Voluntary Carbon Markets (VCMs)
Silvania, a carbon markets investor backed by Mercuria, has launched the "Race to Belém" initiative, aiming to protect the Amazon rainforest with an initial $1.5 billion investment. In collaboration with Conservation International and The Nature Conservancy, the project will work with Brazilian states, farmers, and local communities to generate carbon credits tied to rainforest preservation.
Related Stock List(s): Carbon Credit Stocks
Liquified Natural Gas (LNG)
TotalEnergies has postponed its $20 billion Mozambique LNG project due to ongoing political instability and escalating security concerns. Originally initiated in 2019, the project faced delays in 2021 when insurgent attacks forced the company to declare force majeure. Although TotalEnergies had hoped to resume the project by late 2024, violence and unrest, particularly following contested presidential elections, have further delayed progress. The project is now expected to start production in 2029.
Kinder Morgan is set to build a $1.7 billion, 216-mile natural gas pipeline called Trident Intrastate, which will transport gas from Katy, Texas, to the LNG and industrial corridor near Port Arthur. The pipeline, expected to begin service in early 2027, will support rising natural gas demand.
Related Stock List(s): LNG Stocks
Nuclear Energy
Santee Cooper, South Carolina’s largest power provider, is seeking buyers to complete two unfinished nuclear reactors at the V.C. Summer Nuclear Station, left incomplete after Westinghouse's bankruptcy in 2017. The project, requiring additional billions in funding, is expected to attract interest from tech companies with high energy demands, such as data centers. Santee Cooper plans to partner with another company and is accepting proposals until May 5th.
Related Stock List(s): Nuclear Energy & Uranium Stocks
Renewable Energy
Ukraine’s largest private energy company, DTEK, has announced a €450 million investment to expand its Tyligulska Wind Power Plant near the Black Sea. The expansion will increase the plant's capacity from 114 MW to 500 MW, generating 1.7 TWh of electricity annually. This investment includes €370 million in loans backed by Denmark’s Export and Investment Fund (EIFO), with DTEK funding the remaining portion. The project is scheduled for completion by late 2026.