Bruce Weisman's career has come full circle with a recent award. Photo via rice.edu

Rice University chemist Bruce Weisman has been awarded the Richard E. Smalley Research Award for his decades of nanocarbon research, according to a statement from the university.

The honor is a full circle moment for Wiseman, as the award is named after Weisman's long-time Rice colleague and friend, Rick Smalley, who Wiseman said helped shape his career.

“It changed my career,” Weisman said in a statement from Rice about his work with Smalley. “Everything I’ve done in the last 20 years has been an outgrowth, a consequence of that.”

Still, Weisman has earned many achievements of his own. He joined Rice's faculty in 1979 as a spectroscopist and first began working with Smalley in 1985 after Smalley's groundbreaking discovery of carbon 60, or buckyballs. The discovery proved that carbon could take on other forms and it won Smalley and his teammates the 1996 Nobel Prize in Chemistry.

Weisman and Smalley then collaborated on experiments to measure the electronic spectra of carbon 60 and carbon 70. In the early 2000s, they published two seminal nanotube studies in Science in which Weisman shared his new faster, simpler and cheaper spectrometric method of assaying nanotubes, according to Rice.

In 2004 Weisman founded a company, Applied NanoFluorescence, to commercialize the technology. The company still exists and continues to research the optical properties of carbon nanotubes.

He is also an elected fellow of the American Physical Society, the American Association for the Advancement of Science and the the Electrochemical Society (ECS) and former chair of the ECS Nanocarbons Division. The ECS will present Weisman with the 2024 Smalley Research Award in May. The award is given every two years to recognize “outstanding achievements in, or scientific contributions to, the science of fullerenes, nanotubes and carbon nanostructures.”

Earlier this month, another Rice professor won a highly competitive award. Assistant professor Amanda Marciel, the William Marsh Rice Trustee Chair of chemical and biomolecular engineering, was granted a National Science Foundation's CAREER Award that comes with $670,406 over five years to continue her research in designing branch elastomers.

The grant will also create opportunities in soft matter research for undergraduates and underrepresented scientists. Click here to learn more.

Meanwhile, another Houston-based chemist was also recently recognized for their work. Baylor College of Medicine's Livia Schiavinato Eberlin was named the 2024 recipient of the Norman Hackerman Award in Chemical Research in December.

The award from the Houston-based Welch Foundation recognizes the accomplishments of chemical scientists in Texas who are early in their careers. Eberlin will be granted $100,000 for this honor.

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D.C. energy company secures $233M for ERCOT battery storage projects

fresh funding

The Electricity Reliability Council of Texas’ grid will get a boost courtesy of Lydian Energy.

The D.C.-based company announced the successful financial close of its first institutional project financing totaling $233 million, backed by ING Group and KeyBank. The financing will support three battery energy storage system (BESS) projects in Texas.

Lydian is an independent power producer that specializes in the development, construction and operation of utility-scale solar and battery energy storage projects. The company reports that it plans to add 550 megawatts of energy—which can power approximately 412,500 homes—to the Texas grid administered by ERCOT.

“This financing marks an important step forward as we continue executing on our vision to scale transformative battery storage projects that meet the evolving energy needs of the communities we serve,” Emre Ersenkal, CEO at Lydian Energy, said in a news release.

The projects include:

Pintail 

  • Located in San Patricio county
  • 200 megawatts
  • Backed by ING

Crane

  • Located in Crane county
  • 200 megawatts
  • Backed by ING

Headcamp

  • Located in Pecos county
  • 150 megawatts
  • Backed by KeyBank

ING served as the lender for Pintail and Crane projects valued at a combined total of approximately $139 million.

KeyBank provided a $94 million financing package for the Headcamp project. KeyBanc Capital Markets also structured the financing package for Headcamp.

The three projects are being developed under Excelsior Energy Capital’s Fund II. Lydian’s current portfolio comprises 20 solar and storage projects, totaling 4.7 gigawatts of capacity.

“Our support of Lydian’s portfolio reflects ING’s focus on identifying strategic funding opportunities that align with the accelerating demand for sustainable power,” Sven Wellock, managing director and head of energy–renewables and power at ING, said in the release. “Battery storage plays a central role in supporting grid resilience, and we’re pleased to back a platform with strong fundamentals and a clear execution path.”

The facilities are expected to be placed in service by Q4 2025. Lydian is also pursuing additional financing for further projects, which are expected to commence construction by the end of 2025.

“These financings represent more than capital – they reflect the strong demand for reliable energy infrastructure in high-growth U.S. markets,” Anne Marie Denman, co-founding partner at Excelsior Energy Capital and chair of the board at Lydian Energy, added in the news release. “We’re proud to stand behind Lydian’s talented team as they deliver on the promise of battery storage with bankable projects, proven partners, and disciplined execution. In the midst of a lot of noise, these financings are a reminder that capital flows where infrastructure is satisfying fundamental needs of our society – in this case, the need for reliable, sustainable, domestic, and affordable energy.”

Houston American Energy closes acquisition of New York low-carbon fuel co.

power deal

Renewable energy company Houston American Energy Corp. (NYSE: HUSA) has acquired Abundia Global Impact Group, according to a news release.

Houston American reports that the acquisition will allow it to create a combined company focused on converting waste plastics into high-value, drop-in, low-carbon fuels and chemical products. It plans to move forward with Abundia’s plans for developing large-scale recycling projects, with a new facility previously announced for the Gulf Coast, located in Cedar Port Industrial Park, near the Baytown area of Houston.

New York-based Abundia used its proprietary pyrolysis process to convert plastic and certified biomass waste into high-quality renewable fuels. Its founder, Ed Gillespie, will serve as CEO of the combined company and will join HUSA’s board of directors. Peter Longo, who previously served as HUSA's CEO, will serve as chairman of the board. Lucie Harwood was named CFO and Joseph Gasik will serve as COO.

“The completion of this acquisition represents a pivotal transformation for HUSA,” Longo said in a news release. “Abundia has a commercially ready solution for converting waste into valuable fuels and chemicals, with a backlog of development opportunities utilizing proprietary technologies and key industry partnerships. This transaction gives HUSA shareholders a ready-made platform and project pipeline for future value generation as the fuel and chemical industries accelerate their adoption of low-carbon solutions and sustainable aviation fuel.”

The combined company plans to serve what it estimates is a multi-billion-dollar global demand for renewable fuels, Sustainable Aviation Fuel (SAF) and recycled chemical feedstocks, according to the news release.

“This is a landmark moment for Abundia and a major step forward for the renewable industry,” Gillespie added in the release. “Joining forces with HUSA and entering the public capital markets positions us to accelerate growth, scale our technology and expand our influence within the renewable and recycling industries. I am proud of the hard work and determination of both the AGIG and HUSA teams to finalize this transaction. We look forward to delivering shareholder value and critical technologies to reduce carbon emissions.”

Houston American Energy announced the deal in March. The company also closed a $4.42 million registered direct offering in January.