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million) in Series A funding aimed at advancing its technology to decarbonize industrial heat. Founded in 2020, RIFT provides Iron Fuel Technology, which operates like a rechargeable battery for heat generation. RIFT believes that its system will decarbonize industrial heat, reducing 1 Gigaton of CO₂ annually from 2050 onwards.
Founded in 2020, Brooklyn, New York-based Amogy offers ammonia-based, emission-free, high energy-density power solutions aimed at decarbonizing hard-to-abate sectors such as heavy-duty transportation, maritime, power generation, and heavy industry.
In the companys 2024 Sustainability Report, Meta said that while it has maintained net zero in its operations since 2020, its 2030 net zero value chain goal will be significantly harder to achieve, adding that the challenge of reaching our sustainability goals given the increased demand for energy and resources driven by AI is not unique to Meta.
“We’re setting up a kind of ecosystem.” The provincial government touts itself as the first in the country to develop a critical minerals strategy, which it first released in 2020. As long as we still want to decarbonize the planet, this is a very sound strategy.
Clean energy technologies like solar panels, wind turbines, electric vehicles (EV), and batteries are the building blocks of a decarbonized future, but producing and deploying these technologies at scale can bring with them significant supply chain headaches. between 2018 and 2020 were imported, with most components still coming from China.
COVID-19-driven drop in 2020 (which was followed by a 4.8% Net greenhouse gas (GHG) emissions across the EU fell by 8.3% in 2023, according to a new report released by the European Commission, marking one of the largest declines in decades, with the exception of a 9.8%
Partners Group acquired VSB in 2020, and the firm said that VSB’s project pipeline has more than doubled, and EBIDTA has grown by five times, as the company has benefited from ongoing tailwinds including corporate decarbonization goals, regulatory support for clean energy, and an increased focus on energy independence.
Clean iron producer Electra announced that it has raised $186 million in a Series B funding round, with proceeds from the financing aimed at supporting the path to commercializing its technology to decarbonize iron and steelmaking. Hanners added: That transition makes technologies like Electras even more critical.
Founded in 2020, California-based Infinium produces synthetic fuels, or eFuels, using renewable power and waste carbon dioxide, avoiding the use of fossil fuels, or other feedstocks that compete with food used by other low carbon fuel solutions. ”
For instance, the adoption of low global warming potential (GWP) hydrofluoroolefins (HFOs) solutions, such as Opteon products, helps to advance climate and decarbonization goals.
She was chosen as part of the start up team for Sustainable1 in 2020, and has been serving at the sustainability-focused unit as Chief Commercial & Market Engagement Officer. Smart joined S&P Global through the companys 2016 acquisition of carbon and environmental data and risk analysis company Trucost, which she joined as a startup.
Over the past few months, several major tech companies, such as Microsoft , Google and Amazon , have also highlighted increased energy needs to meet the AI-driven growth in data centers as a key challenge to their decarbonization goals.
And the analysis shows conclusively that by adding more nuclear generation to our future electricity mix, beyond refits of existing reactors that are already under way, ratepayers would shell out $55 billion more than necessary to decarbonize the Ontario economy. trillion (in todays dollars).
Protecting the climate In 2024, we continued to implement our Decarbonize & Grow strategy and launched our Water & Nature strategy. We remain committed to the strategic rationale of this project and our long-term asset decarbonization strategy. He became CEO in July 2018 and was elected Board Chair in April 2020.
billion in decarbonization technology and clean hydrogen projects, utilizing funds raised through its EU Emissions Trading System (EU ETS). The EU ETS is now expected to generate revenues of approximately €40 billion from 2020-2030. The newly appointed European Commission announced today plans to invest €4.6
When we became Trane Technologies in 2020, investors already valued our focus as a climate innovator and the alignment of our investment and business strategy. While Trane Technologies was launched just over five years ago, our sustainability-focused business trajectory was set in motion nearly two decades ago.
Whether improving our packaging to be more sustainable, advancing the decarbonization of our operations, or giving back to our communities, our sustainability strategy is helping meet customer and consumer expectations, and deliver everyday care for generations to come.” from a 2020 base year, with goals of 25% by 2025 4 and 50% by 2030 4.
Founded in 2020, California-based Heirloom utilizes limestone – the world’s second most abundant mineral, and also one of the cheapest minerals – to capture CO2 directly from the air. The process starts with natural limestone, nearly 50% of which is CO2.
Converting our EU manufacturing sites to 100% renewable electricity is a significant step in our journey to further reduce our emissions, lower the carbon footprint of our products and put us on a clear path toward decarbonization in our operations by 2050. Scope 3 emissions were also down 39% from 2020 levels.
Jose La Loggia shared: " We are proud to join the Forward Faster initiative, which aligns perfectly with our mission to decarbonize our cities through sustainable heating and cooling solutions for buildings.
Clean fuel tech startup Amogy announced that it raised $56 million in venture financing for solutions aimed at decarbonizing transportation, heavy industry and other sectors.
Pulpex CEO Scott Winston said: This investment will drive the decarbonization of the packaging sector using leading edge Material Bioscience to ensure this much-needed alternative to glass and plastic will deliver its ambition.
National and international climate commitments, including those under the Paris Agreement, are driving policy shifts toward decarbonization by setting emissions reduction targets. These regulations also incentivize the business sector to participate in the energy transition.
Despite the company’s success in addressing its data center emissions, however, the report also indicated that Google’s overall carbon footprint continued to grow in 2024, driven by a sharp increase in emissions from its supply chain, with Scope 3 emissions rising by more than 20% in the year.
Were honored to partner with Google to help advance their ambitious sustainability and decarbonization objectives while delivering dependable, locally sourced clean energy to meet growing energy demands. Google parent Alphabet announced a 24/7 CFE ambition in 2020 , aiming to run its entire business on carbon-free energy by 2030.
From September to November 2024, the program reached 140 students with interactive sessions on sustainability, decarbonization, and human resources. Since 2020, DP World has invested over $512,570 in Visin Futuro , with an additional $138,000 planned for 2025.
Founded in 2020, BeZero is a ratings agency for carbon markets, providing carbon ratings, research and data products, backed by a team of climate scientists, earth observation specialists, data scientists and financial analysts.
The company achieved its goal to meet 100% of its operational energy needs with renewable sources in 2020, and recently said that it anticipates adding 9.8 Phillip North, CEO of Zelestra US, said: We are pleased to triple the size of our partnership with Meta, demonstrating that we share the same commitment to accelerate decarbonization.
Skip to main content The Iberian green industrial opportunity: Carbon capture and storage July 10, 2025 | Article Carbon capture and storage could play a critical role in decarbonizing hard-to-abate industries in the Iberian Peninsula. To remain competitive in this new context, companies are investing in decarbonizing their operations.
Morgan Stanley set a goal in 2020 to achieve net zero financed emissions by 2050 and has released a series of interim financed emissions reduction targets for several high-emissions sectors, which it updated and expanded in its new report. Reflecting the current misalignment of the pace of decarbonization with a 1.5°C
Billion to Climate Investment Strategies Franklin Templeton Launches Enhanced ESG, Reduced Carbon Footprint S&P 500 and World ETFs Robeco Launches Tool for Investors to Find Biodiversity Leaders and Underperformers
The technology may not exist yet to fully decarbonize your operations — or maybe it exists, but your region lacks the supportive policy to make the technology financially viable. What do you do? If you wait 10 years until that new technology is viable, you will miss the opportunity to cut emissions now.
Four leading AI-focused companies alone saw their operational emissions increase in the reporting period by 150 per cent on average since 2020. Foster cross-sector collaboration among tech firms, energy producers and environmental advocates, alongside industry initiatives to drive accelerated digital decarbonization.
But now, with growing uncertainty about the IRA’s future amid political shifts, a sobering question looms over our industry: Can energy storage continue its pivotal role in decarbonizing the grid without federal support? They have decarbonization mandates embedded in their business models and investor commitments.
Since the Association was launched in 2020, the industry increased its installed capacity by nearly 7.6 Every new wind, solar, and energy storage project brings us closer to a cleaner energy mix and a decarbonized grid, said Bellissimo. CanREA released the report today as part of its five-year anniversary celebrations.
to the Paris Agreement on his first day in office after President Trump formally withdrew from the agreement in 2020. President Biden has made climate action a key focus of his administration, with high profile initiatives including returning the U.S.
Say HY-drogen to Our Decarbonized Future. Date/Time: December 8, 2020 (1-2PM ET / 10-11AM PT). The world is betting on clean hydrogen – but will applying it to decarbonization efforts come up short? Yet, a detailed strategy and solution for large-scale decarbonization is still largely unexplored. Thu, 11/12/2020 - 10:38.
Startup tackles decarbonizing industrial heat processes. Wed, 09/16/2020 - 01:30. Skyven Technologies, founded in 2013, is a company with a unique proposition for companies in the industrial sector — a way to save money through decarbonizing. The need for decarbonization in the industrial sector spans far beyond solar.
VERGE Over / Under: Why now must be the golden age of decarbonization. This segment aired at GreenBiz Group’s VERGE 20, October 26-30, 2020. Mon, 11/09/2020 - 17:27. Learn more about the event here: [link]. . Learn more about the event here: [link]. . Watch our other must-see talks here: [link]. . OUR LINKS Website: [link].
Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Despite this significant drop from 2019 to 2020, the overall trend of the last five years is one heading definitively in the wrong direction," the report states. Cecilia Keating. Fri, 03/26/2021 - 00:05.
Missing Pieces of Decarbonization Puzzle Realized. Date/Time: November 19, 2020 (1-2PM ET / 10-11AM PT). The process to decarbonize power systems is complicated. Utilities must find the right mix of energy resources to decarbonize while planning for extreme weather events. Thu, 10/22/2020 - 11:29. taylor flores.
The following is adapted from State of Green Business 2020, published by GreenBiz in partnership with Trucost, part of financial information and analytics giant S&P Global.
In an extraordinary session convened in the fall of 2020, then prime minister Yoshihide Suga called on Japan to be a “carbon-free society” by 2050. Decarbonizing the grid will be a large part of reaching that 2050 target while cutting national emissions by 46% by 2030. of total vehicle sales. DOWNLOAD EARTH INDEX REPORT.
The decarbonization promise of indoor agriculture is still in the seed stage. Fri, 05/22/2020 - 01:18. But the data we do have shows that a combination of efficiency improvements and grid decarbonization can make indoor farms a much better environmental choice for some crops. Here’s a tale of two chefs.
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