Houston Business Announcements
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Energy
Drax to launch new business focused on becoming the global leader in large-scale carbon removals
1/25/24
[PRESS RELEASE] - Global renewable energy company Drax Group plc has announced that it plans to establish a new independent business unit that will focus on becoming the global leader in delivering…
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Economic Development
Texas Named Business Facilities’ 2023 State Of The Year
1/8/24
[PRESS RELEASE] - Texas has been named Business Facilities’ 2023 State of the Year, marking the fifth time the state has received this top honor from the magazine. Since 2007, the State of the Year…
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Energy
Calpine Selected to Advance Major Carbon Capture Project at Baytown Facility
1/2/24
Houston-based Calpine was selected by the Department of Energy (DOE) to build a commercial-scale carbon capture and storage (CCS) project in Baytown – advancing the region’s position as the energy…
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Energy
Jupiter Power Receives $65.2M in Funding for Houston Battery Energy Storage System
12/19/23
[PRESS RELEASE] - First Citizens Bank and Jupiter Power LLC (“Jupiter Power”) today announced that First Citizens Bank’s Energy Finance business and Jupiter Power have closed on $65.2 million in…
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Energy
John Cockerill advances US expansion of hydrogen in Houston area with launch of gigafactory in Baytown
12/9/23
[PRESS RELEASE] - John Cockerill Hydrogen, a world leading electrolyzer manufacturer announced its US entry with the acquisition of manufacturing space in Baytown for a new gigafactory. The facility…
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International Business
How Houston Continues to Attract International Businesses to the Region
11/29/23
Renowned for its global connectivity, skilled workforce and affordability, Houston has emerged as a magnet for international businesses aiming to expand their operations and capitalize on the city's…
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