Global industrial company Daikin makes deal with Houston Astros on stadium rename

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The Astros' stadium will have a new name in 2025. Courtesy of the Houston Astros

The Houston Astros' home will get a new name on Jan. 1, becoming Daikin Park under an agreement through the 2039 season the team announced Monday.

The stadium opened as Enron Field in 2000 as part of a 30-year, $100 million agreement but the name was removed in March 2002 following Enron Corp.'s bankruptcy filing and the ballpark briefly became Astros Field.

It was renamed Minute Maid Park in June 2002 as part of a deal with The Minute Maid Co., a Houston-based subsidiary of The Coca-Cola Co. Then-Astros owner Drayton McLane said at the time the agreement was for 28 years and for more than $100 million.

The new deal is with Daikin Comfort Technologies North America Inc., a subsidiary of Daikin Industries Ltd., which is based in Japan and is a leading air conditioning company.

Minute Maid will remain an Astros partner through 2029, the team said.

In August, Daikin, which has its 4.2 million-square-foot Daikin Texas Technology Park in Waller, Texas, partnered with the city of Houston to provide advanced air conditioning and heating solutions to help homeowners with energy efficiency and general comfort. The company pledged install up to 30 horizontal discharge inverter FIT heat pump units over the next three years.

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Looks like green really is the new black in a city that’s known for being all blue. Photo courtesy of Zach Tarrant, HoustonTexans.com

Another Houston sports team commits to fighting climate change

EVERYDAY ENERGY

The Houston Texans rocked the football world in early May with their historic back-to-back first-round all-star offense/defense NFL draft picks, but that’s not the only groundbreaking news they had planned this month. In partnership with 1PointFive, the Texans’ Preferred Carbon Removal Partner, the team announced the Touchdown for Trees program to recapture carbon emissions – and the hearts of fans.

“As part of our partnership with 1PointFive, we kicked off our Touchdown for Trees initiative last week at Hermann Park Conservancy,” Houston Texans Senior Vice President of Partnerships Jerry Angel tells EnergyCapitalHTX. “We’re looking forward to continuing to work together to make a difference across our community during the 2023 Season.”

For every touchdown scored by the Texans in the 2022, 2023, and 2024 seasons, the team pledges to plant 1.5 trees in the greater Houston area. To kick off the initiative, Houston Texans staff and cheerleaders gathered in Hermann Park Conservancy on May 11 to plant 25 inaugural trees. The group also removed invasive species from the area to eliminate competition for the newly planted trees and restore native habitat conditions.

Planting trees to fight climate change has gathered significant momentum in recent years, as each individual tree can offset approximately 22 pounds of carbon emissions per year over its first 20 years of life, according to conservative calculations from OneTreePlanted.org. The One Trillion Tree Initiative, announced at the 2020 World Economic Forum in January 2023, could effectively reduce carbon emissions by 20% year-over-year for the next two decades through reforestation efforts.

Like other carbon capture solutions, reforestation must be pursued with proper planning and care, so as not to waste time nor resources. But many tout reforestation as the simplest way to reduce carbon emissions and meet all 17 of the United Nations’ Sustainable Development Goals simultaneously.

With this commitment to reforestation, the Houston Texans join the Astros, Rockets, Dash, and Dynamo in a collective effort to fight climate change. Earlier this spring, the Houston Astros partnered with 1PointFive in an agreement to purchase carbon dioxide removal credits from the new Direct Air Capture facility near Odessa in Ector County, TX.

Like the Texans, the soccer teams of Houston are donating trees for each victory achieved this calendar year. In partnership with Shell Energy, the Dynamo and Dash have already committed to 1,750 new trees from their 5 aggregate wins this spring.

Additionally, each of the homes of these Houston teams follows in the footsteps of Houston’s original green arena, the Toyota Center. One of 10 Green NBA arenas to earn LEED certification, the home of the Houston Rockets boasts energy efficient lighting, electric submeters, and an abundance of trees and vegetation in an urban setting to reduce greenhouse gases by over 3,000 tons annually.

Shell Energy is giving the home of the Dynamo and Dash a decarbonization facelift this year, with energy efficient LED-lighting throughout, installation of EV charging stations, and the use of on-site renewable energy generation systems.

Similar efforts continue to roll out at Minute Maid Park and NRG Stadium, including food sustainability programs, dedicated recycling for aluminum, plastic, and cardboard, and complete conversion to more efficient lighting solutions on the field, in the bathrooms, and even out in the parking lots.

Whether rooting for the home team or cheering on the visitors, fans that attend Houston events at these stadiums and arenas benefit from the knowledge and experience of local talent stewarding such energy transition initiatives. Maybe it’s time to bring back the historic chant of the Oilers, with a modern twist, “go blue–and green!”

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7 must-attend Houston energy transition events in August 2025

Must-Attend Meetings

Editor's note: It's time to mark your calendars for the top Houston energy events this month. From globally-focused forums to intimate conversations with Houston energy leaders, these events are not to be missed, so begin registering today. Please note: this article may be updated to include additional event listings.

August 6-7 — U.S.-Africa Energy Forum

The U.S.-Africa Energy Forum (USAEF) connects the U.S. market with Africa’s vast energy sector opportunities. The forum empowers participants to uncover emerging opportunities in Africa’s energy sector, positioning licensing rounds and projects as prime conduits for U.S. investment. By bringing together investors, governments, and project developers, the forum fosters meaningful partnerships, expands investor networks, and paves the way for impactful collaborations across the energy value chain.

This event begins August 6 at the Post Oak Hotel. Click here to register.

August 21 — Transition on Tap

Greentown Labs’ signature networking event returns in August to foster conversations and connections within Houston's climate and energy transition ecosystem. Entrepreneurs, investors, students, philanthropists, and more are invited to attend, meet colleagues, discuss solutions, and engage with the growing community.

This event takes place Thursday, August 21 at 5:30 pm at Greentown Labs. Click here to register.

August 22 – Determined to Lead Women Lunch: Investing Through Market Cycles with Ellen Wilkirson

EnergyTech Nexus hosts a monthly Determined to Lead Women’s Lunch as part of its ongoing efforts to create safe spaces for women leaders in the energy transition to connect, learn, and lead. The August session features Ellen Wilkirson, principal at Rev Innovations. With deep experience across traditional and transition energy sectors, Wilkirson will share how she’s approached investing through multiple market and commodity cycles and what it means to be a clean energy investor in today’s evolving landscape.

This event takes place Friday, August 22 at 1 pm. Click here to register.

August 25-28 — IMAGE 2025

Join the world's premier gathering for geoscientists, energy professionals, and industry leaders to connect, collaborate, and innovate. IMAGE 2025 will feature 1,100 presentations and 260 exhibitors. It will connect more than 7,800 energy leaders from more than 90 countries. In addition to four days of programming, guests can attend pre-convention field trips on August 23-25 and post-convention workshops on August 29.

This event begins August 25 at George R. Brown Convention Center. Click here to register.

August 27 — Future of Flight: Inside Venus Aerospace with Founder Sassie Duggleby

Join EO Houston for an exclusive, behind-the-scenes conversation with Sassie Duggleby, co-founder and CEO of Venus Aerospace, a Houston-based company pioneering breakthrough propulsion systems for hypersonic and space applications.

This event takes place Wednesday, August 27 at 10 am at Venus Aerospace. It is open to EO members and partners only. Click here to register.

August 27 — Work Wednesday Lunch AMA with Scott Craig

EnergyTech Nexus will host a Work Wednesday Lunch & Learn with special guest Scott Craig from Latham Watkins LLP. This recurring event is an opportunity for founders andc ommunity members to connect, network, and share ideas, with a focus on exploring the latest trend sin climate technology. Craig advises startups and investors across climate tech, energy transition, and frontier technology and has firsthand insight into structuring early-stage deals and navigating regulatory complexity.

This event takes place Wednesday, August 27 at 12 pm at One Memorial City Plaza. Click here to register.

August 27-28 — 6th Texas Energy Forum 2025

The 6th Texas Energy Forum will dive deep into the strategies, policies, and innovative solutions that reinforce energy security for the United States and its allies and fuel economic growth — centered on Texas’ pivotal role in the global energy landscape. Key discussions will address the future of regulatory reform, tariffs, and tax incentives; advancements in oil, gas, and LNG markets; the expansion of power generation; and breakthroughs in EVs and charging infrastructure. This year's topic is "Texas: The Energy Innovation Powerhouse."

This event begins Wednesday, August 27 at the Petroleum Club of Houston. Click here to register.

Japanese energy tech manufacturer officially relocates U.S. HQ to Houston

new to hou

TMEIC Corporation Americas has officially relocated its headquarters from Roanoke, Virginia, to Houston.

TMEIC Corporation Americas, a group company of Japan-based TMEIC Corporation Japan, recently inaugurated its new space in the Energy Corridor, according to a news release from TMEIC. The new HQ occupies the 10th floor at 1080 Eldridge Parkway, according to ConnectCRE. The company first announced the move last summer.

TMEIC Corporation Americas specializes in photovoltaic inverters and energy storage systems. It employs approximately 500 people in the Houston area, and has plans to grow its workforce in the city in the coming year as part of its overall U.S. expansion.

"We are thrilled to be part of the vibrant Greater Houston community and look forward to expanding our business in North America's energy hub," Manmeet S. Bhatia, president and CEO of TMEIC Corporation Americas, said in the release.

The TMEIC group will maintain its office in Roanoke, which will focus on advanced automation systems, large AC motors and variable frequency drive systems for the industrial sector, according to the release.

TMEIC Corporation Americas also began operations at its new 144,000-square-foot, state-of-the-art facility in Brookshire, which is dedicated to manufacturing utility-scale PV inverters, earlier this year. The company also broke ground on its 267,000-square-foot manufacturing facility—its third in the U.S. and 13th globally—this spring, also in Waller County. It's scheduled for completion in May 2026.

"With the global momentum toward decarbonization, electrification, and domestic manufacturing resurgence, we are well-positioned for continued growth," Bhatia added in the release. "Together, we will continue to drive industry and uphold our legacy as a global leader in energy and industrial solutions."

Houston renewable fuel co. expands and more energy transition news to know

Trending Topics

Editor's note: The biggest energy transition news in recent weeks includes a major acquisition, big funding, a new biomaterial from Houston researchers, and more. Below are the five most-read stories from EnergyCaptialHTX from July 15-31, 2025:

1. Houston renewable fuel company expands reach with latest acquisition

Freedom CNG is growing. Photo courtesy Freedom CNG

Houston-based Freedom CNG, a provider and distributor of compressed renewable natural gas, has acquired ComTech Energy, a Canada-based provider of on-site mobile refueling for compressed renewable natural gas. The purchase price wasn’t disclosed. The acquisition allows Freedom CNG to adopt a hub-and-spoke operational model, allowing customers to move away from fixed fueling infrastructure with low-carbon energy solutions across North America. Continue reading.

2. Houston researchers develop strong biomaterial that could replace plastic

A team led by M.A.S.R. Saadi and Muhammad Maksud Rahman has developed a biomaterial that they hope could be used for the “next disposable water bottle." Photo courtesy Rice University.

Collaborators from two Houston universities are leading the way in engineering a biomaterial into a scalable, multifunctional material that could potentially replace plastic. The team introduced a biosynthesis technique that aligns bacterial cellulose fibers in real-time, which resulted in robust biopolymer sheets with “exceptional mechanical properties.” Continue reading.

3. Houston energy tech platform Molecule closes series B funding

Molecule has closed its latest investment round. Photo via Getty Images

Houston-based energy trading risk management (ETRM) software company Molecule has completed a successful series B round for an undisclosed amount. The raise was led by Sundance Growth, a California-based software growth equity firm, and Molecule founder Sameer Soleja said the funding will allow the company to "double down on product innovation, grow our team, and reach even more markets." Continue reading.

4. 7 Houston energy-focused businesses among Time's best midsize companies 2025

7 Houston energy-focused businesses among Time's best midsize companies 2025

CenterPoint is one of 13 Houston companies on Time's list. Photo via centerpoint.com

Seven Houston-based businesses focused on the energy industry appear on Time magazine and Statista’s new ranking of the country’s best midsize companies. Time and Statista ranked companies based on employee satisfaction, revenue growth, and transparency about sustainability. All 500 companies on the list have annual revenue from $100 million to $10 billion. Continue reading.

5. TEX-E names Houston VC leader as new executive director

TEX-E, a Houston-based energy transition nonprofit, has named Sandy Guitar as its executive director. Photo courtesy TEX-E.

The Texas Exchange for Energy & Climate Entrepreneurship (TEX-E) has named Houston venture capital and innovation leader Sandy Guitar as its new executive director. Guitar previously served as general partner and managing director at Houston-based VC firm HX Venture Fund and is co-founder of Weathergage Capital. She also sits on the advisory board of Rice University's Liu Idea Lab for Innovation and Entrepreneurship (Lilie) and launched the Women Investing in VC in Houston group. Continue reading.

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