Houston now has 333 hybrid electric vehicles and 88 battery electric vehicles. Photo via houstontx.gov

The City of Houston is getting closer to its goal of all non-emergency, light-duty municipal vehicles to be electric by 2030.

According to late-June status report from the city, Houston now has 333 hybrid electric vehicles and 88 battery electric vehicles. An additional 67 battery electric pickups, 20 hybrid electric pickups, and 21 hybrid electric SUVs deliveries are expected to be up and running before the end of the calendar year, and expects to receive 27 battery-electric SUVs and 13 battery-electric pickups in the next 12 months.

"With almost half of carbon emissions in Houston coming from the transportation sector and a majority of those emissions coming from single occupancy vehicles, electrification is an important part of our climate action plan," Mayor Sylvester Turner said in the statement. "I am pleased to see the ongoing progress and am confident we will meet our goals."

According to Evolve Houston — a public-private partnership founded with CenterPoint, NRG, Shell, and the University of Houston to promote EV sales — about 9 percent of new cars in Houston were registered as EVs last year. This means that Houston's EV adoption rate was 2.5 percent over the US average, according to the statement.

As part of the Houston Climate Action Plan, the city is also working with Evolve Houston to build upon the Bayou City's EV charging infrastructure as well.

Houston currently has 57 installed chargers, two of which are DC fast chargers, according to the status report. The city recently signed a contract to purchase 144 level 2 battery chargers from Siemens and another 15 chargers are slated to be installed at the Houston Health Department's Stadium Drive location in the coming weeks.

Due to supply chain issues, the City's Fleet Management Department is also considering rolling out a mobile charging option and home-charging vehicles for emergency response employees to help reduce costs while still moving toward the city's goals.

Evolve Houston, founded in 2019 through Houston's Climate Action Plan, relaunched about a year ago with a new Equity Program to address poor air quality and limited access to public transportation in vulnerable communities.

It's one of many efforts related to Houston's goal of reaching carbon neutrality by 2050 and leading the global energy transition. In March the city partnered with The Hertz Corp. to triple Houston's EV rental fleet, as well add to the city's charging infrastructure and EV education and training opportunities. In recent years the city has launched a solar co-op, opened new labs and is slated to introduce a new fleet of 20 battery-powered electric buses in the near future.
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ExxonMobil invests over $200M in Texas advanced recycling sites

doubling down

ExxonMobil announced that it plans to invest more than $200 million to expand its advanced recycling operations at its Baytown and Beaumont sites that are expected to start in 2026. The new operations can help increase advanced recycling rates and divert plastic from landfills, according to ExxonMobil.

“We are solutions providers, and this multi-million-dollar investment will enhance our ability to convert hard-to-recycle plastics into raw materials that produce valuable new products,” says Karen McKee, president of ExxonMobil Product Solutions, in a news release.

The investment plans to add 350 million pounds per year of advanced recycling capacity at Baytown and Beaumont, which will bring ExxonMobil’s total capacity to 500 million pounds annually. The first Baytown facility started in 2022 and represents one of the largest advanced recycling facilities in North America by having processed more than 70 million pounds of plastic waste.

“At our Baytown site, we’ve proven advanced recycling works at scale, which gives us confidence in our ambition to provide the capacity to process more than 1 billion pounds of plastic per year around the world,” McKee said in a news release. “We’re proud of this proprietary technology and the role it can play in helping establish a circular economy for plastics and reducing plastic waste.”

Advanced recycling works by transforming plastic waste into raw materials that can be used to make products from fuels to lubricants to high-performance chemicals and plastics. Advanced recycling allows for a broader range of plastic waste that won't be mechanically recycled and may otherwise be buried or burned.

ExxonMobil will continue development of additional advanced recycling projects at manufacturing sites in North America, Europe and Asia with the goal of reaching 1 billion pounds per year of recycling capacity by 2027.

Houston-based Fervo Energy collects $255M in additional funding

cha-ching

A Houston company that's responding to rising energy demand by harnessing geothermal energy through its technology has again secured millions in funding. The deal brings Fervo's total funding secured this year to around $600 million.

Fervo Energy announced that it has raised $255 million in new funding and capital availability. The $135 million corporate equity round was led by Capricorn’s Technology Impact Fund II with participating investors including Breakthrough Energy Ventures, CalSTRS, Congruent Ventures, CPP Investments, DCVC, Devon Energy, Galvanize Climate Solutions, Liberty Mutual Investments, Mercuria, and Sabanci Climate Ventures.

The funding will go toward supporting Fervo's ongoing and future geothermal projects.

“The demand for 24/7 carbon-free energy is at an all-time high, and Fervo is one of the only companies building large projects that will come online before the end of the decade,” Fervo CEO and Co-Founder Tim Latimer says in a news release. “Investors recognize that Fervo’s ability to get to scale quickly is vital in an evolving market that is seeing unprecedented energy demand from AI and other sources.”

Additionally, Fervo secured a $120 million letter of credit and term loan facility from Mercuria, an independent energy and commodity group that previously invested in the company.

“In surveying power markets across the U.S. today, the need for next-generation geothermal is undeniable,” Brian Falik, group chief investment officer of Mercuria, adds. “We believe in Fervo not just because their EGS approach is cost-effective, commercially viable, and already being deployed at scale, but because they set ambitious targets and consistently deliver.”

In February, Fervo secured $244 million in a financing round led by Devon Energy, and in September, the company received a $100 million bridge loan for the first phase of its ongoing project in Utah. This project, known as Project Cape, represents a 100x growth opportunity for Fervo, as Latimer explained to InnovationMap earlier this year. As of now, Project Cape is fully permitted up to 2 GW and will begin generating electricity in 2026, per the company.

Other wins for Fervo this year include moving into its new headquarters in downtown Houston, securing a power purchase agreement with California, growing its partnership with Google, and being named amongst the year's top inventions by Time magazine.


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This article originally ran on InnovationMap.