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Greentown welcomes new Houston members, Phillips 66's renewable energy facility milestone, and more top news

Here's what Houston energy transition news trended this week. Photo via Getty Images

Editor's note: From Greentown Houston announcing its newest members to new Houston-area sustainability-focused plants, these are the top headlines that resonated with EnergyCapital readers on social media and daily newsletter this week.

Greentown Labs shares updates on newest climatetech members

Nine companies have joined Greentown Houston. Photo via Getty Images

Greentown Labs announced that it added nine climatetech startups in the second quarter of this year.

The new members of the incubator, which is co-located in Houston and Boston, work in a variety of fields from electricity to manufacturing and agriculture. Continue reading.

Phillips 66 reports full capacity milestone of renewable energy facility

The Rodeo Renewable Energy Complex will expand commercial-scale production to “position the company as a leader in renewable fuels." Photo via phillips66.com

Houston-based Phillips 66 announced the full conversion of a California renewable energy facility.

The Rodeo Renewable Energy Complex will expand commercial-scale production to “position the company as a leader in renewable fuels,” according to a news release. Continue reading.

First-of-its-kind, DOE-backed plant coming to Houston area

Houston power company Calpine announced plans to build the Baytown Carbon Capture and Storage Project, a carbon capture demonstration facility that aims to capture carbon dioxide from the Baytown Energy Center. Photo via DOE

The first full-scale implementation of carbon capture and storage technology at a natural gas combined cycle power plant in the U.S. is coming to Baytown.

Houston power company Calpine announced plans to build the Baytown Carbon Capture and Storage Project (Baytown CCS Project), which is a carbon capture demonstration facility that aims to capture carbon dioxide from the Baytown Energy Center (BEC). The BEC is a natural gas combined-cycle power plant in Baytown. Continue reading.

Houston entrepreneur launches new venture to shine light on sustainability

Solar Slice Founder Nathan Childress says his new venture offers a fulfilling way to encourage and promote solar energy and a greener planet. Photo by Pixabay

A Houston nuclear engineer and entrepreneur wants consumers to capture their own ray of sunlight to brighten the prospect of making clean energy a bigger part of the power grid.

Solar Slice Founder Nathan Childress says his new venture offers a fulfilling way to encourage and promote solar energy and a greener planet. An experienced entrepreneur, Childress also serves as founder and CEO of technology software company Macorva.

Although trained in nuclear power plant design, solar power drew his interest as a cheaper and more accessible alternative, and Childress tells InnovationMap that he thinks that the transition to cleaner energy, in Texas especially, needs to step up. Continue reading.

Houston geothermal company picks up power purchase agreement in California

Under two 15-year deals, Southern California Edison has agreed to buy a total of 320 megawatts of geothermal power from Fervo Energy. Photo via Getty Images

Houston-based Fervo Energy, a provider of geothermal power, has signed up one of the country’s largest utilities as a new customer.

Under two 15-year deals, Southern California Edison has agreed to buy a total of 320 megawatts of geothermal power from Fervo. Financial terms weren’t disclosed. The power will be enough to deliver electricity to the equivalent of 350,000 homes.

Southern California Edison, based in Rosemead, California, serves about 15 million people throughout a 50,000-square-mile area in California. Continue reading.

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A View From HETI

Mars Materials has successfully turned its CO2-derived product into a high-quality raw material for producing carbon fiber. Photo via LinkedIn.

Houston-based Mars Materials has made a breakthrough in turning stored carbon dioxide into everyday products.

In partnership with the Textile Innovation Engine of North Carolina and North Carolina State University, Mars Materials turned its CO2-derived product into a high-quality raw material for producing carbon fiber, according to a news release. According to the company, the product works "exactly like" the traditional chemical used to create carbon fiber that is derived from oil and coal.

Testing showed the end product met the high standards required for high-performance carbon fiber. Carbon fiber finds its way into aircraft, missile components, drones, racecars, golf clubs, snowboards, bridges, X-ray equipment, prosthetics, wind turbine blades and more.

The successful test “keeps a promise we made to our investors and the industry,” Aaron Fitzgerald, co-founder and CEO of Mars Materials, said in the release. “We proved we can make carbon fiber from the air without losing any quality.”

“Just as we did with our water-soluble polymers, getting it right on the first try allows us to move faster,” Fitzgerald adds. “We can now focus on scaling up production to accelerate bringing manufacturing of this critical material back to the U.S.”

Mars Materials, founded in 2019, converts captured carbon into resources, such as carbon fiber and wastewater treatment chemicals. Investors include Untapped Capital, Prithvi Ventures, Climate Capital Collective, Overlap Holdings, BlackTech Capital, Jonathan Azoff, Nate Salpeter and Brian Andrés Helmick.

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