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Startup tackles decarbonizing industrial heat processes. 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. Myisha Majumder.
As we work to decarbonize our business ecosystem and create value for our company and customers, were taking a proactive approach to embed circularity practices into our product development, supply chain and sourcing strategies. Material selection is one of the core pillars of our circularity and sustainability work.
New York Governor Kathy Hochul unveiled plans to invest more than $1 billion aimed at decarbonizing the states economy. New York also plans to develop a Master Plan for Responsible Advanced Nuclear Development to guide future nuclear projects.
Drawing on longstanding pro-CO2 rhetoric in climate denialism, Policy Resolution #12 asks the government to scrap its decarbonization goals, remove the designation of carbon dioxide as a pollutant, and recognize the greenhouse gas as a “foundational nutrient for all life on Earth.” “I
million in VC funding following a $4 million pre-seed financing announced in September 2024 for its solutions aimed at decarbonizing manufacturing by addressing emissions from industrial heat. Cleantech startup Karman Industries announced that it has raised an additional $7.5
million) in Series A funding aimed at advancing its technology to decarbonize industrial heat. RIFT believes that its system will decarbonize industrial heat, reducing 1 Gigaton of CO₂ annually from 2050 onwards. Netherlands-based cleantech startup RIFT announced that it had raised €11 million (USD $11.9
The round was led by BlackRock and Temaseks decarbonization-focused fund, Decarbonization Partners, and follows a $25 million Series B financing by the company in July 2023. Developers and investors across the energy transition space require trustworthy data, analytics and insights.
Amazon announced it plans to invest more than $1 billion to electrify and decarbonize its transportation network across Europe over the coming years. The plans come as Amazon unveiled its largest-ever heavy-duty electric truck order, with more than 200 trucks to beEV added to its fleet in Europe.
Accelerating decarbonization is an environmental imperative that we must continue driving with innovative solutions to reduce carbon emissions and enhance energy efficiency,” said Scott Tew, VP of Sustainability, Trane Technologies. 15, 1:00pm AZT Revolutionizing Heating and Cooling for Building Decarbonization: Nov.
November 12, 2024 /3BL/ - Decarbonization within the chemical manufacturing sector has become one of the key challenges in moving toward net zero goals. CET) for an in-depth discussion on the newly developed standard, SCS-115: Certification Standard for Product Carbon Intensity and Reduction for Chemicals and Co-products. ET (8:00 a.m.
Global management consulting firm Bain & Company and supply chain decarbonization intelligence solutions startup Terralytiq announced the launch of a new strategic partnership, aimed at enabling companies to optimize supply chains for carbon and costs, and to help deliver lower carbon products.
Founded in 2023 by Dr. Lars Amsbeck and Frederick Lessmann, HyperHeat is developing a system that will use renewable sources for the high-temperature heating required by heavy industry. German climate startup HyperHeat announced that it has raised €3.5 million (USD$3.7
Nearly all – 90% – of global trade is seaborne, according to the Organisation for Economic Co-operation and Development (OECD), underscoring the significant environmental impact of ports and shipping. Johansen underscores the urgency of decarbonizing maritime port operations due to the significant environmental impact of shipping.
And the race to decarbonize that supply chain is intensifying, as reports indicate the earth may already have warmed more than the target 1.5 Less than a decade ago, it was thought, maybe, that investing $100 billion a year in developing countries’ sustainability aims would be adequate. and the urgency has been ratcheted up again. .;
But what makes this development – which includes 12 deeply affordable apartments to be operated by a local non-profit – unusual is that it is hooked into a geo-exchange system. Earlier this year, builders completed what might seem like a standard high-rise in Brampton, Ontario, a rapidly growing suburb of Toronto.
French energy giant TotalEnergies announced on Wednesday an agreement to acquire Germany-based renewable energy project developer VSB Group from global private markets investor Partners Group for total consideration of €1.57 Founded in 1996, Dresden-headquartered VSB develops wind and solar energy projects across Europe.
According to INGKA Group, the new investments will contribute towards the company’s target to reduce its climate footprint from operations by 85% by 2030, and forms part of its commitment to decarbonize its operations and value chain. Heating and cooling are the largest drivers of the company’s Scope 1 and 2, or “own operations” emissions.
Meta, the owner of Facebook, Instagram, and WhatsApp, announced plans to launch a request for proposals (RFPs) for nuclear energy developers in the U.S. to provide new nuclear capacity to supply the massive increase in energy to power the growth in AI, while supporting its sustainability goals.
The round was led by by BlackRock and Temasek’s decarbonization-focused fund, Decarbonization Partners. Also participating in the round were new investors MassMutual Ventures, as well as existing investors Avista Development, Clean Energy Ventures, Energy Innovation Capital, Evergy Ventures, LG Technology Ventures, and Zoma Capital.
KKR recently identified decarbonization , and the large scale brown-to-green transition of asset-heavy sectors in particular, as a key mega-theme driving investment opportunities. The acquisition will be made as part of KKRs Global Climate strategy.
The deal is in line with a commitment by TotalEnergies to decarbonize the hydrogen used in its European refineries, the company said. Patrick Pouyann, Chairman and CEO of TotalEnergies, said: We are looking forward to developing further our partnership with RWE, our partner in several offshore wind projects in Germany and the Netherlands.
Over 900 business leaders came together in Bangkok to explore how the regions rapid economic growth, substantial renewable investments, and diverse ecosystems provide opportunities to lead on decarbonization. Attendees were invited to register for the Cascale Forum , which will take place May 14-15 in Ho Chi Minh City, Vietnam.
billion) in green bonds, with proceeds aimed at financing green projects at the company including renewable energy and decarbonization solutions. Data center and digital infrastructure company Equinix announced today that it has issued €1.15 billion (USD$1.21 billion total issuance to date, the company said.
Selected projects will focus on areas including the installation of public electric recharging stations for both heavy-duty and light-duty vehicles, the development of hydrogen refueling stations and onshore power installations in ports, in addition to electrifying airports and providing infrastructure shipping fuels such as ammonia and methanol.
VANCOUVER, British Columbia, July 23, 2024 /3BL/ - DP World , a global leader in supply chain solutions, is pleased to engage as a Pilot Partner in the Net Zero Supply Chain (NZSC) Initiative, a collaborative effort dedicated to advancing the decarbonization of Canada's freight-transportation supply chains.
Tokyo-based banking and financial services company Mizuho Bank and Temasek-owned decarbonization solutions-focused investment platform GenZero announced today a new partnership aimed at developing transition credits to help fund the acceleration of the early retirement of coal-fired power plants.
Originally published in Radius Recycling's 2024 Sustainability Report For more than a century, Radius has been developing robust networks to collect, process, and deliver recycled metals to customers in North America and around the world. Our work and our purpose have never been more relevant than they are today.
The acquisition forms part of a new partnership between Bain and Aquila, with the company’s citing a “significant opportunity to develop AQ Compute into a leading green data center platform for hyperscale and AI customers across Europe.”
The Cambridge Blockchain Network Sustainability Index puts the electricity consumption of Bitcoin networks above those of several developed countries, including Norway and Sweden. The first was the development of standards and technologies to have 100% renewably powered blockchains as soon as 2025. The CCA set two interim objectives.
Full value chain carbon storage solutions enhance efficiency and reliability to advance industrial decarbonization Global energy technology company SLB (NYSE: SLB) today launched Sequestri™ carbon storage solutions — a comprehensive portfolio of technologies and services for accelerating safer and more economic carbon storage projects.
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.
Joyce Tsoi, senior director of the Decarbonization Program at Cascale, recently presented at the virtual Komar Supply Chain Sustainability Forums in Vietnam and Cambodia. Decarbonization remains a critical focus for the industry.
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.
The capital investment needed to decarbonize the Canadian economy was first estimated by Corporate Knights at about $150 billion per year, and the federal government and others have since corroborated that finding. This “decarbonization capex (capital expenditure) gap” is the focus of the Climate Dollars research project at Corporate Knights.
The standard is modular, allowing for different decarbonization levers. To learn more about SCS-115 and draft Module C, please join our complimentary webinar “ Lower Carbon Products and Packaging Claims: A Certification Standard for Decarbonizing the Chemicals Industry ” on Tuesday, December 10, 2024, at 11:00 a.m.
Schneider also crossed a key threshold in its efforts to foster learning, upskilling, and development for all generations having now trained over 763,000 people in energy management. We must further intensify our global decarbonization efforts to mitigate the effects of climate change, benefiting people and planet.”
Industrial decarbonization-focused private equity investor Ara Partners announced that it has raised more than $800 million at the closing of the debut fund of its Ara Infrastructure strategy, and associated co-investment vehicles, aimed at investing in in mid-market decarbonization infrastructure assets.
Energy technology and services company Baker Hughes and low-carbon infrastructure developer Frontier Infrastructure announced a new partnership aimed at accelerating the deployment of large-scale carbon capture and storage (CCS) and power solutions in the U.S. Frontier is leading the development of the Sweetwater Carbon Storage Hub (SCS Hub).
Further, just this past year, CDFIs received roughly $16 billion in federal grants for the development of clean energy, decarbonization of transportation and the built environment and pathways to a clean energy economy by and for disadvantaged communities. And the women are still strong in support.
The New York State Energy Research and Development Authority (NYSERDA) today announced $3.7 million is now available to support clean hydrogen-based fuel cell resources in New York. Today.
Power Corporation of Canadas sustainability-focused alternative asset management subsidiary Power Sustainable announced the launch of Power Sustainable Decarbonization Private Equity, a new strategy aimed at investing in middle-market companies that help future-proof critical sectors of the North American economy.
But to decarbonize and accelerate the energy transition requires the full value chain to work at scale, for each specific industry. Industrial decarbonization SLB is committed to driving industrial decarbonization. "In These projects represent just one component of our commitment to driving industrial decarbonization.
The company offers an AI-powered cost and carbon decision support platform integrating financial, sustainability, and operational data, allowing users to prioritize upgrades, remain compliant, and manage long-term costs effectively, and enabling data-driven retrofit and decarbonization strategies.
Decarbonizing steel has a chicken or the egg problem. And right now, there isn’t enough demand for decarbonized steel for manufacturers to justify investing several millions of dollars into lower-carbon steel facilities. SteelZero commitments represent a new era in heavy manufacturing production. Jesse Klein. Wed, 01/27/2021 - 00:30.
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