Sign In
Free Newsletter
Henrico-based TemperPack receives $140M in financing
TemperPack Technologies has received $140 million in new equity financing, the Henrico-based manufacturer announced Tuesday. The company manufactures ClimaCell thermal liners, a recyclable, nontoxic alternative to expanded polystyrene and Styrofoam, used to ship food, pharmaceutical and other products which help to reduce waste and carbon emissions. TemperPack produces millions of ClimaCell box liners monthly from […][...]
Davenport Energy promotes Harold Thornton to president
Chatham-based Davenport Energy Inc. has promoted Harold E. “Hal” Thornton Jr. to president, the company announced Tuesday. Thornton has been with Davenport, a provider of gas, diesel fuel propane and petroleum products, for 27 years. He was initially hired as human resources director in 1995, rising through the ranks[...]
Dominion Energy solar, storage expansion projects approved
Dominion Energy Virginia has gotten the go-ahead for 15 new solar and energy storage projects that are expected to increase the typical residential customer’s monthly bill by $1.13. The Virginia State Corporation Commission approved several projects Tuesday that will provide nearly 1,000 megawatts of carbon-free electricit[...]
Coal waste project launches in SW Va.
A public-private project to evaluate the critical minerals in coal waste products in Virginia, West Virginia and Kentucky launched Wednesday with a community meeting in the Virginia Highlands Small Business Incubator in Abingdon. The project, Evolve Central Appalachia (Evolve CAPP), is part of an almost $1.5 million grant from t[...]
McGlothlins make nearly $60M gift to VMFA
The Virginia Museum of Fine Arts announced Tuesday that Bristol-area philanthropists James W. and Frances Gibson McGlothlin have donated nearly $60 million toward the Richmond museum’s expansion campaign, including 15 paintings. Alex Nyerges, the VMFA’s director and CEO, said that a 170,000-square-foot wing will be n[...]
Tilting toward windmills
Siemens Gamesa Renewable Energy S.A.’s October 2021 announcement that it will build the nation’s first offshore-wind blade factory at Portsmouth Marine Terminal has put Hampton Roads on a trajectory to become a supply chain hub for the country’s nascent offshore wind energy industry. The Spanish wind turbine company is inv[...]
Dominion Energy to sell W.Va. utility for $690M
Dominion Energy Inc. announced Friday it had signed a definitive agreement to sell its West Virginia natural gas utility to Washington, D.C.-based financial services company Ullico Inc.’s infrastructure business for $690 million. The sale of Hope Gas Inc., also known as Dominion Energy West Virginia (DEWV), is expected to clos[...]
Volkswagen to debut electric Microbus at SXSW
Herndon-based Volkswagen Group of America announced Wednesday that it would debut its electric bus during this year’s South by Southwest (SXSW) festival, which will be held March 11-20 in Austin, Texas. Designed to recall the iconic Type 2 Microbus introduced in 1967, the ID. Buzz is Volkswagen’s second noncommercial ele[...]
Va. Senate rejects former EPA chief for Cabinet
The Virginia Senate voted Tuesday to reject Gov. Glenn Youngkin’s appointment for state secretary of natural and historic resources, former Environmental Protection Agency Administrator Andrew Wheeler. Youngkin spokesperson Macaulay Porter said in a statement, “It’s clear Mr. Wheeler is extraordinarily qualified to be [...]
Port of Va. hires offshore wind development VP
Patrick Kinsman, former CEO and commander of the U.S. Army Corps of Engineers’ Norfolk District, has been hired as the Port of Virginia’s new vice president of offshore wind development. Kinsman will oversee Portsmouth Marine Terminal’s conversion to a logistics hub. Simeans Gamesa Renewable Energy S.A. is inve[...]
Va. Senate committee rejects former EPA chief for Cabinet
The Virginia Senate Privileges and Elections Committee voted 9-6 Tuesday against confirming former Environmental Protection Agency Administrator Andrew Wheeler, Gov. Glenn Youngkin’s appointment for state secretary of natural and historic resources. The vote does not eliminate Wheeler’s chances of confirmation. Youngkin spok[...]
30 Va. projects awarded $24.5M in flood prep grants
The Virginia Community Flood Preparedness Fund has awarded $24.5 million in grants for 30 projects statewide, Gov. Ralph Northam announced Thursday. “The Community Flood Preparedness Fund will provide an estimated $75 million a year to improve the resilience of our commonwealth, including targeted funding for Virginia’s most vulnerable and underserved communities,” Northam said in a […][...]
