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Japanese energy tech manufacturer to relocate US HQ to Houston, open new facility

moving in

TMEIC will move its headquarters to Houston next year and open a new manufacturing facility in the region later this year. Photo via tmeic.com

A Japanese company has announced its moving its United States headquarters to Houston and is gearing up top open its new Houston-area factory as well.

TMEIC Corporation Americas, previously headquartered in Roanoke, Virginia, will officially be located in Houston, effect March of 2025. Additionally, the company will open a state-of-the-art 144,000-square-foot facility in Brookshire, which will be dedicated to manufacturing utility-scale PV inverters. The expansion is expected to create 300 local jobs.

The TMEIC group specializes in photovoltaic inverters and energy storage systems, and has over 50 GW of renewable energy systems installed worldwide as of July 2024.

"We are excited to make these investments for an expanded presence in the Houston area with the relocation of our headquarters and the opening of our new manufacturing facility,” Manmeet S. Bhatia, president and CEO of TMEIC Corporation Americas, says in a news release. ”These investments and expansions will potentially create up to 300 jobs in the local community,"

The relocation to the Houston as the energy capital of the world is part of TMEIC’s strategic goals for growth in “renewable energy technology, domestic based manufacturing, and bolstering its global sustainability efforts,” according to a news release.

The Brookshire facility will be complete by October of 2024, and will be close to TMEIC’s existing uninterruptible power supply and medium voltage drive manufacturing plant in Katy. When operational, it will have the capacity to produce 9 gigawatts annually.

“This strategic expansion underscores TMEIC's dedication to the renewable energy industry, advancing clean energy technology, maintaining strong client relationships, and competing on a global basis while proudly manufacturing in the United States,” Bhatia adds.

Fervo Energy went from a 5,158-square-foot space to a 23,782-square-foot office in downtown Houston. Photo via Hines

Houston geothermal energy startup grows local office presence

report

On the heels of landing more than $240 million in venture capital, Houston-based geothermal power provider Fervo Energy has more than quadrupled the size of its headquarters.

Fervo previously occupied 5,158 square feet at 114 Main St. in downtown Houston. The company recently left the Main Street space and leased 23,782 square feet at downtown Houston’s 910 Louisiana office tower. Houston-based commercial real estate company Hines owns and manages the 50-story former One Shell Plaza.

“We believe Houston is the center of the energy transition, and downtown Houston has long been its center of activity,” Tim Latimer, co-founder and CEO of Fervo Energy, says in a news release. “The availability of dining options, parks, and biking infrastructure continue to be great assets and a huge draw for our team. For these reasons and more, the only place for Fervo’s headquarters is downtown Houston.”

In February 2024, Fervo announced it had raised $244 million in an investment round led by Oklahoma City, Oklahoma-based hydrocarbon exploration company Devon Energy. Fervo has collected $431 million in funding since its founding in 2017.

Energy companies like Fervo occupy about 43 percent of office space in downtown Houston, according to a new report from the Downtown Houston+ organization. Nineteen new tenants set up shop last year in downtown Houston, with 10 of them operating in the energy sector.

Other energy companies that recently leased office space in downtown Houston include:

  • AES Clean Energy
  • Axip Energy Services
  • EnLink Midstream
  • MRC Global
  • Repsol Renewables
  • Stonepeak

———

This article originally ran on InnovationMap.

Chevron expects all of its corporate functions to shift to Houston over the next five years. Photo via Getty Images

Following years of speculation, Chevron announces HQ move to Houston

big news

The Energy Capital of the World is adding another jewel to its corporate crown.

With the impending move of Chevron’s headquarters from Northern California to Houston, the Houston area will be home to 24 Fortune 500 companies. Chevron ranks 15th on this year’s Fortune 500.

Oil and gas giant Chevron, currently based in San Ramon, California, will join three Fortune 500 competitors that already maintain headquarters in the Houston area:

  • Spring-based ExxonMobil, No. 7 on the Fortune 500
  • Houston-based Phillips 66, No. 26 on the Fortune 500
  • Houston-based ConocoPhillips, No. 68 on the Fortune 500

Chevron, which posted revenue of $200.9 billion in 2023, employs about 7,000 people in the Houston area and about 2,000 people in San Ramon. The company says its chairman and CEO, Mike Wirth, and vice chairman, Mark Nelson, will move to Houston before the end of 2024.

In an interview with The Wall Street Journal, Wirth acknowledged Chevron’s differences of opinion with California policymakers regarding energy matters.

“We believe California has a number of policies that raise costs, that hurt consumers, that discourage investment and ultimately we think that’s not good for the economy in California and for consumers,” Wirth said.

Chevron expects all of its corporate functions to shift to Houston over the next five years. Jobs that support the company’s California operations will remain in San Ramon, where Chevron employs about 2,000 people. Some Chevron employees in San Ramon will relocate to Houston.

The company’s move to Houston hardly comes as a surprise. Speculation about a relocation to Houston intensified after Chevron sold its 98-acre San Ramon headquarters in 2022 and moved corporate employees to leased office space. Over the past several years, Chevron has shifted various corporate functions to Houston.

“This is just the final step that many industry observers were waiting to happen,” Ken Medlock, senior director of the Baker Institute’s Center for Energy Studies at Rice University, says in a news release.

“To start, Houston provides a world-class location for internationally focused energy companies, which is why there is such a massive international presence here,” Medlock adds. “Texas is also the nation’s largest energy producer across multiple energy sources and is poised to lead in emerging opportunities such as hydrogen and carbon capture, so Houston is a great place for domestically focused activities as well.”

The announcement of Chevron’s exit from California comes just a year after ExxonMobil finalized its relocation from Irving to Spring.

“Chevron’s decision to relocate its headquarters underscores the compelling advantages that position Houston as the prime destination for leading energy companies today and for the future,” Steve Kean, president and CEO of the Greater Houston Partnership, says in a post on the organization’s website.

“With deep roots in our region,” he adds, “Chevron is [a] key player in establishing Houston as a global energy leader. This move will further enhance those efforts.”

Baker Hughes has officially moved into its new headquarters in Houston. Photo via bakerhughes.com

Baker Hughes unveils new HQ in Houston's Energy Corridor

moving in

Houston-based Baker Hughes officially opened the doors to its new headquarters in the Energy Corridor last week.

At a celebration held Oct. 23, the energy service company unveiled its new space within Energy Center II at 575 N. Dairy Ashford. The move represents a consolidation of Baker Hughes' various offices in the Houston-area as the company decreases its corporate footprint by about 346,000-square-feet, according to a report from the Houston Chronicle.

It is moving from its former headquarters in North Houston, near IAH. About 1,300 employees will work from the building, according to a statement from Baker Hughes.

“The opening of our new Houston headquarters is an important moment in our strategic transformation as we continue to take energy forward,” Lorenzo Simonelli, Baker Hughes chairman and CEO, said in a statement. “Collaboration will be key to solving for the energy transition. We look forward to collaborating with our colleagues, partners, customers and new neighbors in the Energy Corridor to solve the Energy Trilemma.”

Additionally, the company reported that the new space will aim to help the company reduce costs, cut emissions, create more flexible workspaces and strengthen relationships within the Energy Corridor.

The new HQ includes features such as

  • Tech- and food-free quiet zones
  • Hybrid experience rooms for enhanced online meetings
  • About 25 open collaboration spaces
  • About 40 meeting rooms, including hybrid meeting rooms and a creative thinking room
  • About 12 community spaces
  • Nursing mothers suites
  • Prayer and meditation rooms

In other HQ news, ExxonMobil officially changed its headquarters to Houston over the summer. A July 5 filing with the United States Securities and Exchange Commission showed a significant step toward the HQ move that Exxon originally announced in early 2022.

ExxonMobil is officially HQ-ed in Houston — according to a recent SEC filing. Photo via ExxonMobil.com

Breaking news: ExxonMobil's HQ officially changed to Houston

now in HOU

As of this month, ExxonMobil's headquarters is officially Houston, according to a recent filing.

ExxonMobil's company page on the United States Securities and Exchange Commission now lists its new Houston-area address — 22777 Springwoods Village Parkway in Spring. While the ExxonMobil's site still lists it's Irving, Texas, address, the SEC filing dated July 5 marks a significant step toward the HQ move that Exxon originally announced in early 2022.

In the initial announcement, the company disclosed that the move, which will combine its chemical and refining divisions, will be completed by 2023. ExxonMobil’s Spring office was opened by former CEO Rex Tillerson in 2014.

With the relocation announcement, ExxonMobil became Houston’s 25th Fortune 500 headquarters, the third highest concentration in the country, after New York and Chicago, per the Greater Houston Partnership. It's slated to be the largest Fortune 500 company to be headquartered in the Houston region, ranking No. 10 in the 2021 listing based on $181.5 billion revenues in 2020.

“ExxonMobil’s move further solidifies Houston’s position as the Energy Capital of the World," the Greater Houston Partnership noted in a January 31 statement. "ExxonMobil is a key participant in our Houston Energy Transition Initiative, and we look forward to working with the company as we continue to position Houston to lead the energy transition to a low-carbon future."

Since the announcement, ExxonMobil has grown its Houston presence by signing on as a founding partner at the Ion, a Midtown Houston 266,000-square-foot building developed and managed by Rice Management Company, last summer. The company joins existing Ion founding partners Aramco, Chevron Technology Ventures, Baker Botts, and Microsoft, as well as affiliate partners bp and Intel. The company joins the Ion "to help develop solutions for the world’s emerging energy issues," per the June 13 news release.

“ExxonMobil has been a leader in energy technology for over a century. Collaboration is essential to both augment our capabilities and accelerate the development of scalable solutions,” said Linda DuCharme, president of ExxonMobil Technology and Engineering Company, in the release. “Our partnership with The Ion will enable us to tap into the extraordinary talent in Houston.”

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10+ Houston energy transition events to attend in September 2025

Must-Attend Meetings

Editor's note: September is here, and the calendar is full of must-attend energy transition events. Get the details on the top energy happenings in September 2025, and begin registering today. Please note: this article may be updated to include additional events.

September 3 — Houston Energy + Climate Tech Startup Week Preview Happy Hour

Head to the Ion for a networking happy hour to preview Houston Energy + Climate Startup Week 2025. Industry leaders, investors, startups, and key partners from Houston’s energy and climate innovation ecosystem will gather to share the inside scoop on the upcoming event's programming and opportunities.

This event takes place Wednesday, September 3 at 5:30 pm at the Ion. Click here to register.

September 3-4 — 11th Annual Digitalization in Oil & Gas Conference

This conference will delve deep into the intersection of digitalization and decarbonization, highlighting the transformation required for the oil and gas sector to stay relevant, resilient, and achieve business value. This year, the focus is on leveraging AI and generative AI, driving sustainability and workforce development, and achieving operational excellence through digitalization. Key objectives include building future-ready facilities, planning for a lower carbon market, and realizing business value through innovative solutions.

This event begins Wednesday, September 3 at Hilton Americas Houston. Click here to register.

September 8-10 — SPE Energy Transition Symposium

The SPE Energy Transition Symposium brings together professionals from multiple disciplines across the energy sector, offering a comprehensive platform for learning, networking, and collaboration. Its primary objective is to facilitate the exchange and dissemination of knowledge drawn from the insights of industry leaders, technical experts, academics, practitioners, representatives from the financial community, and environmental, social, and governance (ESG) leaders. This year's symposium is titled "Synergizing Innovation and Collaboration: Transforming Energy for a Sustainable Future."

This event begins Monday, September 8 at Houston Marriott Sugar Land. Click here to register.

September 12 — Workforce of the Future

UH Energy collaborates with the Society for Underwater Technology and SPRINT Robotics to host an immersive, full-day event spotlighting how AI and robotics are reshaping the energy industry. Industry leaders, innovators, and educators will converge to discuss how to empower the next generation of talent to lead the digital transformation of energy.

This event takes place Friday, September 12 at University of Houston Student Center South – Houston Room. Click here to register.

September 15-19 — Houston Energy & Climate Week

Houston Energy & Climate Week utilizes Houston's potential to propel global climate action. This gathering welcomes an unparalleled selection of global energy leaders and communities, giving participants opportunities to interact and discuss capital, technology, workforce, and policy needs. It is organized by Allies in Energy, a nonprofit dedicated to building energy and climate literacy and a pathway to the workforce of the future.

Following an invite-only dinner on Sunday, September 14, this event begins with Opening Ceremonies on Monday, September 15. Click here for details.

September 15-19 — Houston Energy + Climate Startup Week

Launched in 2024, the official Houston Energy and Climate Startup Week returns for its second year, showcasing how Houston is developing and scaling real solutions for the dual challenge of meeting growing global energy demand while reducing carbon emissions. Join leading energy and climate venture capital investors, industry leaders, and startups from around the world for this showcase of the most innovative companies and technologies that are transforming the energy industry while driving a sustainable, low-carbon energy future.

This event begins Monday, September 15 with a kickoff event at the Ion Plaza. Click here for details.

September 16 — Pilotathon 2025 & Company Showcase

EnergyTech Nexus hosts its annual Pilotathon — a high-impact event designed to fast-track pilot deployments for climate and energy tech startups. Expect a full day of curated startup pitches, a 50-plus company innovation showcase, and direct engagement with corporate partners, investors, and ecosystem leaders. The afternoon will also feature participants from the ETN CoPilot Accelerator. Startup applications and event registration is now open at www.pilotathon.com.

This event takes place Tuesday, September 16 at 8 am at GreenStreet. Click here to register.

September 18 — ACCEL Year 3 Showcase

As part of Houston Energy and Climate Startup Week, Greentown Labs will celebrate ACCEL, an accelerator program for startups led by BIPOC and other underrepresented founders. The third ACCEL cohort will present a showcase featuring their technologies, what they’ve accomplished in the first six months of the program, and where they’re headed next. Attendees will also have the opportunity to network with industry leaders who are passionate about and building an inclusive and sustainable future.

This event takes place Thursday, September 18 at 5 pm at Greentown Labs. Click here to register.

September 18 — 22nd Annual Energy Tech Venture Forum

The Rice Alliance Energy Tech Venture Forum will showcase energy tech innovations to shift towards a more sustainable, reliable and lower carbon future. This anchor event of Houston Energy + Climate Startup Week will showcase quality companies and conversations, giving attendees the chance to connect with other leaders and see where energy is headed.

This event takes place Thursday, September 18 at Rice University. Click here to register.

September 22-23 — Southwest Process Technology Conference

The 16th Southwest Process Technology Conference, with the theme “Process Technology in 2025: Solid Foundation, Dynamic Future,” will feature a diverse range of keynote presentations and technical sessions, addressing key topics in the technology and business environment of the rapidly evolving oil refining and chemical industries along the Gulf Coast.

This event begins September 22 at the University of Houston. Click here to register.

September 29-30 — Energy Tax Equity and Credit Markets

Infocast's Energy Tax Equity and Credit Markets two-day event brings together the top tax equity investors, financial advisors, platform providers, lenders, and insurers to give critical insights into how to accelerate the dealmaking process. They will provide invaluable insights on navigating the impacts of IRA changes, qualifying projects to take advantage of tax equity investments, strategies for accelerating project financing pipelines, and a deep dive into how to obtain tax credit investments via both traditional and transfer markets.

This event begins Wednesday, September 29 at the C. Baldwin. Click here to register.

Floating solar projects take shape and more energy transition news to know

Trending News

Editor's note: We're looking back at the biggest energy transition stories from the second half of August 2025, from floating solar projects to low-carbon ship fuel and the return of Energy Tech Venture Forum. Here are the five most-read EnergyCapitalHTX stories from August 15-31:

Rice Alliance names participants in 22th annual energy forum

Here are the 100 startups selected to participate in this year's Rice Alliance Energy Tech Venture Forum. Photo by Natalie Harms

The Rice Alliance for Technology and Entrepreneurship has named the 100 energy technology ventures that will convene at the 22nd annual Rice Alliance Energy Tech Venture Forum, as part of the second annual Houston Energy and Climate Startup Week. Half of the startups, which hail from nine countries and 19 states, will pitch during the event, which culminates in the annual recognition of the “Most Promising Companies." Continue reading.

Houston environmental firm makes partnership to deliver low-carbon ship fuel

Houston-based Anew Climate will provide renewable natural gas to Canada-based Seaspan. Photo via seaspan.com

Houston-headquartered environmental services firm Anew Climate and Vancouver-based ship-to-ship marine bunkering of liquified natural gas company Seaspan Energy have entered into a first-of-its-kind strategic agreement to offer the delivery of renewable liquefied natural gas (R-LNG) to customers on the North American West Coast. Continue reading.

Houston energy hub announces first cohort for new accelerator

Energytech Nexus has named its first COPILOT accelerator cohort. Photo via Getty Images.

Energytech Nexus, a Houston-based hub for energy startups, has named its inaugural cohort of 14 companies for the new COPILOT accelerator. The eight-month COPILOT program offers mentorship, training and networking for startups. Program participants will be tasked with developing pilot projects for their innovations. Two Houston startups are members of the first COPILOT class. Continue reading.

Houston companies team up on $700M floating solar projects in Texas

Two Houston companies plan to develop 500 megawatts of floating solar installations in Texas by the end of the decade. Photo via Getty Images.

Diamond Infrastructure Solutions has given Third Pillar Solar exclusive rights to access Diamond’s Texas reservoirs for the possible launch of utility-scale floating solar installations. Both companies are based in the Houston area. The potential investment in the floating solar project exceeds $700 million, and the project is expected to generate up to 500 megawatts of solar energy. Continue reading.

Houston energy firm to develop data center projects in Matagorda County

Two new data center projects are coming to the ERCOT South Zone. Photo via Getty Images.

Houston-based Barrio Energy will develop two new projects for 10-megawatt data center sites in Matagorda County. Located in the ERCOT South Zone, the projects will assist in powering advanced computing operations, modular data centers and cryptocurrency mining. Continue reading.

Houston American Energy shares details on Baytown recycling facility, new innovation center

coming soon

Houston American Energy Corp. (NYSE: HUSA) plans to break ground on its new advanced recycling facility in the Cedar Port Industrial Park in Q4, the company shared in an announcement this week.

The company acquired a 25-acre, $8.5 million site for development in July from TGS Cedar Port Partners, which handles approximately 5 billion pounds of plastic resin annually. HUSA also plans to build the Abundia Innovation Center on the site.

HUSA named Houston-based Corvus Construction Company the design and construction partner on both projects.

“The site at Cedar Port is in the largest master-planned rail and barge served industrial park in the United States with direct access to the Houston Ship Channel and the Port of Houston,” Ed Gillespie, CEO of HUSA, said in a news release. “It provides robust logistical advantages for the transportation of both feedstock and our low-carbon drop-in fuels and chemical products. Critically, the region has a deep pool of engineering and operations talent. HUSA looks forward to working with local communities and adding economic growth in the Gulf Coast region.”

The new advanced recycling facility will convert plastic waste into pyrolysis oil and will serve as a hub for a five-year development plan designed to scale production capacity.

The facility will be built around New York-based Abundia Global Impact Group LLC’s technologies and proprietary pyrolysis process, which converts plastic and certified biomass waste into high-quality renewable fuels.

HUSA acquired AGIG this summer. At the time, the combined company shared that it planned to serve a multi-billion-dollar global demand for renewable fuels, Sustainable Aviation Fuel (SAF) and recycled chemical feedstocks.

The Abundia Innovation Center is planned to serve as a state-of-the-art research and development facility for the renewable energy sector, aiding in the commercial and technical validation of new technologies. HUSA previously announced that Nexus PMG, also based in Houston, will provide strategic support and guidance in the development of the innovation hub.

According to HUSA, the recycling facility and innovation center will “create the foundation for HUSA’s long-term vision to be a leader in the low-carbon fuels sector by driving collaborative innovation.”

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