new hire

Houston-based waste-to-energy company grows team

Global Clean Energy has named two new executives to its team. Photo via Getty Images

A Houston-based developer of green technology projects is expanding its management team by partnering with an affiliate of C2 Industrial Group.

Global Clean Energy's joint venture aims to “build, develop and manage sustainable clean energy projects in various forms while reducing negative carbon emissions or footprints” according to a news release.

James Wiseman has been named as chief legal officer and Jacob Sacks has been named as CFO. They join the current management team of George Azimov, president, and Chris Boll, chief revenue officer and director. Together, the goal is to engage professionals from C2 Industrial Group to present and acquire business opportunities that align with the goals and values of Global Clean Energy.

“GCEI's mission and purpose could not be more critical in today's trying times,“ Wiseman says in a news release. “We must build sustainable businesses and industries. We must reduce the carbon footprint of business and industry. We must invest in green supply chains and emerging technologies. We need to think and act with clarity of purpose. That's what we intend to do as we look to acquire and build projects for GCEI that fulfill that mission.”

Wiseman recently served as principal and chief legal officer of C2 Industrial based in Joshua, Texas. He has over 25 years of experience buying, developing and operating real estate in New York and Texas with Cayuga Capital Management LLC. Sacks recently served as principal and CFO of C2 Industrial.

“We are pleased to be working with GCEI to combine and bring scale to companies that both have strong growth prospects and provide material benefits to the environment through their operations, in a prudent and financially responsible manner,” Sacks adds in the release.

Trending News

A View From HETI

For the first time, Texas's ERCOT grid will be connected to other states' grids thanks to funding from the Department of Energy. Photo via Getty Images

For the first time ever, the power grid for the territory served by the Electric Reliability Council of Texas (ERCOT) will be connected to grids in other states.

Officials hope building a 320-mile transmission line that connects the ERCOT electric grid to electric grids in the Southeast will prevent power outages like the massive blackout that occurred in 2022 when a winter storm blasted Texas.

San Francisco-based Pattern Energy says its Southern Spirit project will cost more than $2.6 billion. Full-scale construction is supposed to get underway in 2028, and the project is set to go online in 2031.

The U.S. Department of Energy recently approved up to $360 million for the transmission project. The transmission line will stretch from Texas’ border with Louisiana to Mississippi. It’ll supply about 3,000 megawatts of electricity in either direction. That’s enough power for about 750,000 residential customers during ERCOT’s peak hours.

ERCOT’s more than 54,100 miles of transmission lines supply power to about 90 percent of Texans.

“The U.S. transmission network is the backbone of our nation’s electricity system. Though our grid has served U.S. energy needs for more than a century, our country’s needs are changing,” David Turk, under secretary at the Department of Energy, says in a news release.

“DOE’s approach to deploying near-term solutions and developing long-term planning tools will ensure our electric grid is more interconnected and resilient than ever before,” Turk adds, “while also supporting greater electricity demand.”

The other three projects that recently received funding from the DOE include:

  • Aroostook Renewable Project, which will construct a new substation in Haynesville, Maine, and a 111-mile transmission line connecting to a substation in Pittsfield, Maine.
  • Cimarron Link, a 400-mile HVDC transmission line from Texas County, Oklahoma to Tulsa, Oklahoma
  • Southline, which will construct a 108-mile transmission line between Hidalgo County, New Mexico, and Las Cruces, New Mexico. The DOE previously supported a 175-mile line from Hidalgo County, New Mexico, to Pima County, Arizona, in Southline Phase 1 on the first round of the Transmission Facilitation Program.

This month's funding completes the $2.5 billion in awards from the Transmission Facilitation Program which is administered through the Building a Better Grid Initiative that launched in January 2022. Its mission has been to develop nationally significant transmission lines, increase resilience by connecting regions of the country and improve access to clean energy sources, according to the DOE.

Earlier this year, ERCOT, which manages 90 percent of Texas’ power supply, forecasted a major spike in demand for electricity over the next five to seven years

Trending News