Net Power Reports Third Quarter 2024 Results and Provides Business Update
NET Power Inc. Class A (NPWR)
Company Research
Source: Business Wire
Commissioning first phase of Baker Hughes equipment validation at La Porte demonstration facilityAdvanced Front-End Engineering and Design (FEED) work for Project Permian, the Company’s first utility-scale project in West Texas; FEED on track to conclude in Q4 2024Signed third Limited Notice to Proceed (LNTP) with Baker Hughes to release all long-lead materials required to meet the schedule for the first utility-scale turboexpanderAnnounced Air Liquide as air separation unit (ASU) supplier for Project Permian FEEDContinued prospecting and site evaluation for multiple origination hubs across North America DURHAM, N.C.--(BUSINESS WIRE)--NET Power Inc. (NYSE: NPWR) (“Net Power” or the “Company”) today reported results for the third quarter of 2024.Danny Rice, Chief Executive Officer of Net Power, commented, “We continue to make steady progress on all fronts to commercialize our clean, firm power solution. At our demonstration plant in La Porte, Texas, we successfully completed major p
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