This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The UAE has launched a series of actions in recent years to ramp its energy transition and decarbonization investments, including committing $30 billion to launch a new climate investment platform, ALTÉRRA, at the Dubai-hosted COP28 conference last year.
This agreement underscores the effectiveness of the EIBs risk-sharing instruments in addressing these obstacles, enabling the funding of essential projects that drive the green transition, support the decarbonization of the European economy, and strengthen industrial competitiveness.
According to the company’s the new agreement will enable two solar power plants and one wind farm to come online between the first quarter of 2026 and the first quarter of 2027.
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. Electric vehicles had a 21.5% in Canada overall and 8% in the U.S.).
Energy company TotalEnergies announced a new agreement with said that it has signed an agreement with industrial gases and services supplier Air Liquide, aimed at helping to decarbonize TotalEnergies refineries in Northern Europe with green hydrogen. TotalEnergies and Air Liquide have several agreements behind them.
Google announced today the launch of a new partnership with clean energy developer Intersect Power and alternative asset firm TPG, with plans to invest $20 billion in renewable power infrastructureby 2030 to enable the buildout of new data center capacity in the U.S., powered by clean energy.
In the research and development (R&D) laboratory, water is recycled through a cooling tower, reducing the downtime of the chiller system and reducing water usage by 37 million gallons in 2023 compared to the prior year. Expected reduction of overall energy intensity of the training center building by 28%.
Once operational, the Windpeshi Project is expected to contribute to energy cost optimization and the commitment to accelerate the energy transition in Colombia , with a decarbonization benefit of approximately 4.8 million tons of CO2 emissions and estimated investments of nearly $350 million between 2025 and 2027. www.ecopetrol.com.co
Ignis Energy"), a geothermal exploration and development company, today announced the final close of its Series A funding round, securing $13.6 The capital secured in this round enables key projects to reach technical maturity and prepare for capital-intensive development phases. "In million from a global consortium of investors.
Founded in early 2023 as a spin-out of the Max Planck Institute for Plasma Physics (IPP), Proxima aims to produce stellarators for fusion power plants at a scale that can ultimately help decarbonize the energy grid.
There must be consistency between the NDC for 2035 and the 2040 climate target to ensure that the EU economy decarbonizes at the pace required to reach climate neutrality by 2050, while reaping the economic benefits of early action. This needs to be complemented by action at EU and international level.
For nearly 20 years, RaNae has worked for Cummins, overseeing engine production processes, from development to engineering to go-to-market strategies. Today, RaNae leads the X10 engine program at Cummins, a product that will replace the L9 and X12 in various applications from 2027 and beyond.
1 Tata Steel UK said the new EAF — set to be commissioned at the end of 2027 — is expected to reduce Port Talbot’s carbon emissions by approximately 90%, equivalent to 5 million tonnes of CO₂ per year, while securing high-quality sustainable steel production and supporting 5,000 UK jobs directly. Our Steel Strategy will also deliver £2.5
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. percent reduction factor for 2024 to 2027 and 4.4 percent, dropping to around 0.8 3 Assuming a 4.3
New solar installations are expected to decline 7% between 2025-2027. And while data center operators have expressed an interest in generation alternatives such as nuclear and natural gas, long development timelines and supply chain constraints mean that solar is the only resource able to meet the most immediate demand, Gallagher said.
The state legislature passed a bill Monday that would boost those efforts by creating a special fund to award incentives to storage system developers. PJM’s most recent load forecast sees data center development driving average annual winter and summer peak load growth of 3.8% through 2035. Sign up A valid email address is required.
Developers brought online about 1.5 in carbon capture, decarbonization awards Calpine, PPL Corp., in carbon capture, decarbonization awards Calpine, PPL Corp., GW of utility-scale storage in the quarter, a 57% jump from a year ago, WoodMac and ACP said. Ruben Gallego, D-Ariz. Ruben Gallego, D-Ariz.
The unabated growth of urbanization with more development, along with digitization leading to the development of water-intensive data centers, is stoking rising demand for reliable water supplies. The critical question: Where are water utilities in their sustainability and decarbonization journeys?
Partnering with the DOE and its national laboratories to create prototypes, test product performance and durability and conduct field trials, Trane Technologies will leverage its proven innovation expertise to develop new low-emissions heat pump rooftop units. According to the DOE , the U.S.
In an era of increased electrification and decarbonization, electric utilities are playing a decisive role in shaping the clean economy of tomorrow. He attributes Enel’s successful decarbonization journey to a combination of enlightened leadership and economic common sense. . “It
This is the most cost-effective way to ensure energy security, autonomy, competitiveness and decarbonization.” The new coalition can align on a European industrial strategy that delivers on decarbonization goals, reindustrializing the economy and reducing dependency on fossil fuel imports.”
At the Cooper Gardens housing development in the Bronx, summer is when the amenities shine. The development is a far cry from its origins as the parking lot for St. Sustainability is at the forefront of the projects we develop," said Elaine Braithwaite, senior director for new construction at L+M Development Partners.
Moller – Maersk announced today a strategic partnership with US-based project developer Carbon Sink LLC to develop green methanol production facilities in the U.S., The commercial start for the project is anticipated to commence in 2027. starting with a 100,000 tonne per year facility.
Founded in 2018 in California, ZeroAvia develops hydrogen electric engines for airplanes. It expects to offer engines to support a 300-mile range in 9–19 seat aircraft by the end of 2025, and up to 700-mile range in 40–80 seat aircraft by 2027. Around a quarter of UK carbon emissions are predicted to come from aviation in 2050.
Over the past year, I’ve been working with Royal Dutch Shell’s aviation division — a relatively small slice of the $344 billion (2019 revenue) energy behemoth — to develop a series of video interviews focusing on what it will take to make aviation sustainable. (I Leisure travel was down even more. Only the air cargo business is up.
This utility-scale project, several years in the making, will provide backup storage to Canada’s most populous province and is being built by Six Nations of the Grand River Development Corporation (SNGRDC) and NRStor, a storage start-up, with $50 million in backing from the Canada Infrastructure Bank. We are the first movers.
Markey’s bill , which has yet to be passed, proposes that the Environmental Protection Agency undertake a detailed assessment of the full range of environmental impacts of AI , including energy, water, and e-waste from servers, and also recommends the development of a voluntary disclosure/reporting system for firms that use AI.
bp has partnered with Abu Dhabi energy firms ADNOC and Masdar to decarbonize the UK and United Arab Emirates’ energy and transportation systems. Three agreements signed by the companies will enable billions of dollars to be invested to create low-carbon hydrogen hubs, green jobs and help the two countries move closer to decarbonization goals.
While many initiatives are currently targeting areas allowing for more rapid sector decarbonization, such as electrified propulsion or sustainable aviation fuel (SAF), hydrogen is viewed by some in the industry as a more promising long-term solution, given its potential to be produced through carbon-free methods, and its energy attributes.
This week Connecticut Governor Lamont signed a new law that will require the state to install 1 GW of energy storage by 2030 with milestone requirements every three years: 300 MW by 2024, 600 MW by 2027 and 1 GW by 2030.
This recognition aligns with Veolia's recently announced 2024-2027 Green Up strategy. Veolia combines its water, waste and energy businesses to help customers decarbonize , depollute and regenerate resources. In the company's most recent sustainability report , Veolia reported eliminating 13.8
The project, targeted to begin commercial operations in 2027, will serve the growing demand for green hydrogen from states and corporations aiming to incorporate zero-carbon intensity fuels into their net-zero targets. With anticipated capacity of over 200 metric tons per day of hydrogen, and including approximately 1.4
Automotive manufacturer Renault Group announced a series of new strategic partnerships with energy providers aimed at accelerating the decarbonization of its plants in France, including the largest to-date green electricity supply agreement in the country with Voltalia, as well as projects with ENGIE and Dalkia.
Years of innovation and development by Eastman in molecular recycling combined with Rondo's expertise in thermal batteries have delivered a moment where these technologies can be deployed together at large scale.“ This can be a true game changer for providing low- or zero-carbon power for industrial processes,” Brown said.
The new goals, unveiled in CVC’s 2023 ESG Report, include an interim commitment for 40% of listed and private equity investments to have SBTI-validated targets by 2027, and for the CVC to reduce its own absolute Scope 1 and 2 emissions by 73% by 2030, on a 2019 base year.
Euronext stated that it developed the targets in alignment with the Science-Based Targets initiative (SBTi) framework and that it expects to obtain validation of the targets by the SBTi by the end of 2022. . from a 2019 baseline. The company stated that it intends to reach its targets without the purchase of offsetting credits.
The 2023 STI Forum was held under the theme of “Science, technology and innovation for accelerating the recovery from the coronavirus disease (COVID-19) and the full implementation of the 2030 Agenda for Sustainable Development at all levels”.
Thomas Jusselme and Guillaume Lafont, Lyon, France-based Vizcab offers a SaaS platform that calculates the Life Cycle Assessment (LCA) to reduce the carbon impact of construction projects, targeted at real estate developers, architects, and construction engineers.
Energy giant ExxonMobil announced an increase in its investment plans for opportunities targeting lower emissions solutions, with a new goal to allocate $20 billion throughout its 2022-2027 corporate plan. Success in accelerating emission reductions requires the development of nascent markets.
The bank also said that it aims to ramp investments from its own equity capital in global climate tech startups to £500 million by 2027. Barclays can play a critical role though leveraging our experience as an advisor, bank, and investor through our Sustainable Impact Capital Programme to help accelerate their development and adoption.“.
Building Rigor in Climate Reporting In this report, VNA sets its Scope 1 and 2 GHG emissions baseline for the region, and outlines its decarbonization roadmap. Through its three complementary activities, Veolia contributes to developing access to resources, preserving available resources and renewing them.
history” said Nate Baguio, senior vice president of commercial development, Lion Electric. Reducing emissions from the transportation sector is critical to the Ceres Ambition 2030 initiative, which aims to decarbonize six of the highest emitting sectors in the U.S. For more information, visit ceres.org and follow @CeresNews.
Global automotive supplier KIRCHHOFF Automotive announced today a seven-year, €130 million agreement with Swedish company H2 Green Steel for the delivery of near zero emissions steel in order to decarbonize its supply chain and achieve its sustainability goals.
Pillsbury has developed a Hydrogen Map – an interactive global tracker of hydrogen projects – which shows that the number of global zero and low-carbon hydrogen production projects has grown significantly, with 94 projects already producing hydrogen. home to 7 (7%); the UK home to 7 (7%); and Japan home to 7 (7%).
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content