Wed.Jan 03, 2024

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The year ahead in ESG: Assurance, transition finance and natural capital

GreenBiz

3 hot topics for 2024: regulations for ESG assurance; international agreements for transition finance; and new ways to measure investment in nature and biodiversity.

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Germany’s coal power production drops to lowest level in 60 years in 2023 after nuclear exit

Renew Economy

Germany's coal power production drops to lowest level in 60 years in 2023, even after closure of the last of its nuclear generators. The post Germany’s coal power production drops to lowest level in 60 years in 2023 after nuclear exit appeared first on RenewEconomy.

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Trending Sources

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Starbucks’ customers in the US and Canada can use their own cups for all orders

GreenBiz

In 2022, just 1.2 percent of Starbucks’ drinks were sold in reusable containers.

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Satellite imagery analysis shows immense scale of dark fishing industry

TechCrunch: Climate

Satellite imagery and machine learning offer a new, far more detailed look at the maritime industry, specifically the number and activities of fishing and transport ships at sea. Turns out there are way more of them than publicly available data would suggest, a fact that policymakers should heed. As a shared global resource, the oceans […] © 2023 TechCrunch.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Only 7% of US climate tech venture capital funding went to female founders in 2023

GreenBiz

VC investment for female founders dropped in 2023.

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Ballard Announces New Long-Term Supply Agreement With NFI and Purchase Order for 100 Fuel Cell Engines for Bus Deployments in North America

FuelCellsWorks

VANCOUVER and WINNIPEG, CANADA– Ballard Power Systems (NASDAQ:BLDP; TSX:BLDP) today announced the signing of a new Long-Term Supply Agreement (“LTSA”) with NFI Group Inc. (“NFI”; TSX:NFI; www.nfigroup.com), a leading.

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Commodities 2024: Hydrogen Developers Hope Funding Support Will Unlock Financing Queue in 2024

FuelCellsWorks

Progress despite higher costs, supply chain issues First auctions awarded 2023, more to follow in 2024 Manufacturing bottlenecks, politics remain concerns The nascent European clean hydrogen market has faced significant.

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HV switchgear in the digital age: Advancements and opportunities

Smart Energy International

High voltage switchgear is an integral part of the electricity grid which is used to control, protect and isolate electrical equipment in a power system. Saifa Khalid, Analyst-II at PTR Inc. explores the critical technology and how it has evolved in the digital age of energy. Recently, it has been observed that the original equipment manufacturers (OEMs) have integrated digital technologies with the traditional analog switchgear, which has in turn improved the performance and reliability of the

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Change of Management at QUANTRON

FuelCellsWorks

Andreas Haller took over the operational management of QUANTRON AG as CEO Michael Perschke will take over as Managing Director of the ROQIT joint venture Reorganization in time for QUANTRON’s.

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Uber Freight and Greenlane to deploy public electric truck charging stations

Charged

Freight management and logistics company Uber Freight and commercial truck charging network Greenlane are collaborating on the development and installation of public charging infrastructure for heavy-duty battery-electric vehicles. The aim is to augment Greenlane’s data analysis with Uber Freight’s network data to determine corridors that are prime candidates for electric truck deployment, as well as charging infrastructure needs and the suitability of shipping lanes for electrification.

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Electrofuels Are the Future: The Driving Force to Decarbonizing Heavy Transport

Speaker: Ayesha Choudhury - Senior Vice President, Head of Capital Markets at Infinium

With the first wave of the energy transition, renewable energy sources (such as solar and wind) have begun replacing coal power generation. However, some sectors are lagging behind and struggling to decarbonize more than others, including large-scale transportation like commercial aviation, shipping, and rail transit. Electrofuels (aka eFuels) are the next generation of solutions to help the hardest-to-abate sectors pivot from their reliance on fossil fuels.

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Clean Energy Group Statement on Treasury Department Hydrogen Tax Credit Guidance

FuelCellsWorks

The rules set forth by the Treasury will require that clean hydrogen be produced via electrolysis supplied with power from zero-emission clean energy resources that are located within the same.

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Cornell Dubilier introduces new 1,000-hour X2 class interference suppression capacitors

Charged

Cornell Dubilier , a supplier of advanced components and solutions, has introduced a new MXT Series capacitor. The metalized polypropylene film capacitor is designed to suppress conducted electromagnetic/radio frequency interference (EMI/RFI) at a circuit’s power input. It passed the 85/85 THB (Temperature, Humidity, Bias) test for use in harsh environments.

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UK Energy Secretary Advances Hydrogen Strategy, Designates Low Carbon Contracts Company for Revenue Support

FuelCellsWorks

On January 2, 2024, the UK Secretary of State for Energy Security and Net Zero took a significant step in advancing the country’s hydrogen energy strategy by designating the Low Carbon Contracts.

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Autocraft opens a new European EV battery servicing facility

Charged

UK-based EV battery testing, repair and remanufacturing company Autocraft EV Solutions has begun operations from its new site in Arnhem, the Netherlands. The new center can repair 1,340 battery packs per year, and has road and sea transport links to reduce the logistical and environmental challenges of long-distance battery transportation. The company has deployed its REVIVE Mobile EV battery service center, which has a REVIVE Mobile 30 ft ISO footprint expandable container equipped with Autocra

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AR/VR Simulations for Sustainable, Regenerative, Circular Cities

Speaker: Nik Gowing, Brenda Laurel, Sheridan Tatsuno, Archie Kasnet, and Bruce Armstrong Taylor

With 191 country signatories to the Paris Climate Agreement now hard at work in the race to zero carbon by 2050, much of the heavy lifting in ecosystem sustainability falls on the shoulders of the world's densely populated urban centers. This conversation considers how today's AI-enabled simulation media, such as AR/VR, can be effectively applied to accelerate learning, understanding, training, and solutions-modeling to sustainability planning and design.

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China’s Sinopec Says World-Leading Green Hydrogen Project Will Take Longer Than Expected to Ramp Up

FuelCellsWorks

The Kuqa project in Xinjiang province will take nearly two years longer than expected to reach its full capacity, the refiner says Problems at the plant would be a blow.

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Versinetic launches ISO 15118 hardware and EV charger software

Charged

Versinetic , a UK smart charging consultancy, has launched three new products: the Remora PLC Module, BalanSea software and White Label Installer App. The Versinetic Remora PLC Module is a new EV charging communication solution that meets ISO 15118-3 and DIN SPEC 70121 standards. The HomePlug Green PHY (HPGP) powerline communication (PLC) module offers versatile interfaces.

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Copenhagen Infrastructure Partners Signs Mou With Mexican Authorities for Helax Istmo, a Green Hydrogen Project

FuelCellsWorks

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Funds II and Energy Transition Fund I, will develop Helax Istmo, a green hydrogen and green maritime fuels project in the Isthmus.

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Dutch municipality backs 250MW/1,000MWh BESS

Energy Storage News

The Dutch municipality of Noordoostpolder has submitted a draft zoning plan for one of the first gigawatt-hour scale battery energy storage system (BESS) projects in the Netherlands.

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How Digital Transformation will Bend the Curve of the Linear Economy Toward the Circular

Speaker: Bruce Armstrong Taylor, Co-Founder & Managing Director of SmartNations Foundation, Jimmy Jia, Venture Partner at Pi Labs, Fabienne Durand, Senior Advisor to the SmartNations Foundation, & Roger Strukhoff, Executive Director of the Tau Institute

The Climate 4.0 Economy. Climate change is here. We see it in many ways already. Weather catastrophes: Texas freezing over, the wildfires of California, the increasingly unpredictable violence and frequency of hurricanes, the rapid melting and disappearance of polar ice caps. Much more evidence all around us. What can we do in our corporate organizations, in our homes and communities, to change the current course?

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Pengfei Group Launches 100 New Hydrogen-Powered Heavy-Duty Trucks with Kunhua Technology’s Support

FuelCellsWorks

Pengfei Group, a leader in clean energy solutions, recently celebrated the launch of its second batch of 100 hydrogen-powered heavy trucks in Xiaoyi, Shanxi.

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Gotion’s first ‘Made in USA’ ESS battery packs roll off Silicon Valley production line

Energy Storage News

China-headquartered lithium-ion battery maker Gotion High-Tech has produced the first battery pack at its new factory in California’s Silicon Valley.

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Three Combustion Turbines Added to TVA’s Paradise Site, More to Come at Other Locations

POWER Magazine

The Tennessee Valley Authority (TVA) said three new natural gas–fired units entered commercial operation on Dec. 31 at the Paradise Combined Cycle Plant near Drakesboro, Kentucky (Figure 1). “Natural gas […] The post Three Combustion Turbines Added to TVA’s Paradise Site, More to Come at Other Locations appeared first on POWER Magazine.

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Algorithm developed for smart grid autonomy during emergencies

Smart Energy International

Researchers from Greece’s Centre for Research and Technology (CERTH) have developed an algorithm to maximise the autonomy of the smart grid under emergency conditions. The algorithm, developed by CERTH as part of the EU-funded microgrid project TIGON, prioritises renewable energy sources (RES) and utilises artificial neural networks to provide forecasts related to intermittent RES production.

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DOE Awards Civil Nuclear Credits to Diablo Canyon

POWER Magazine

The Department of Energy (DOE) will award credits under its Civil Nuclear Credit (CNC) program to bolster the continued operation of Diablo Canyon Power Plant (DCPP) Units 1 and 2, […] The post DOE Awards Civil Nuclear Credits to Diablo Canyon appeared first on POWER Magazine.

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Trends for Sustainable Home Improvement in 2024

Mosaic

Despite the headwinds of 2023, the US solar industry is expected to have grown 55% compared to 2022, amounting to nearly 33 GWdc of capacity. It was the nation's largest year of installed solar capacity. Energy efficient heating and cooling improvements are gaining in awareness and popularity. Additionally, 3.2 million Americans work in the clean energy industry and that number is only expected to rise as the number of clean energy projects increase.

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GE Vernova, Iberdrola Mexico Bring New Gas-Fired Plant Online

POWER Magazine

Mexico’s expansion of its power generation capacity, particularly from natural gas, continues as GE Vernova and Iberdrola Mexico on Jan. 3 announced the start of commercial operation of the 766-MW […] The post GE Vernova, Iberdrola Mexico Bring New Gas-Fired Plant Online appeared first on POWER Magazine.

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Copenhagen Infrastructure Partners Acquires Soltec Danish PV Portfolio 

Solar Industry

CIP ’s Energy Transition Fund I has obtained full ownership of Soltec’s Danish early-stage PV portfolio, with the intention of developing these assets to provide electricity for ETF I’s Danish Power-to-X projects. The portfolio consists of development projects scattered across Denmark with a combined potential installed capacity of approximately 850 MW.

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Big oil ‘fully owned the villain role’ in 2023, the hottest year ever recorded

The Guardian: Energy

Fossil fuel firms ‘took the mask off’ as they reneged on climate pledges and doubled down on expansion of planet-heating energy Throughout 2023, the hottest year in recorded history, fossil fuel giants doubled down on their planet-heating business models. The moves flew in the face of oil and gas companies’ promises to tamp down their emissions and prioritize cleaner forms of energy.

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Altus Power Announces Financing from Goldman Sachs and CPP Investments

Solar Industry

Altus Power has closed on a secured credit facility with a principal loan amount of $100 million by an affiliate of Goldman Sachs Asset Management and CPPIB Credit Investments III, a subsidiary of Canada Pension Plan Investment Board. The company plans to use facility proceeds to support its ongoing expansion. The facility carries an 8.5% interest rate and a term of six years while being prepayable without penalty after three years.

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New report: automakers have secured less than a fifth of battery metals required for 2030 EV production

Charged

When it comes to electrifying by the magic date of 2030, automakers talk a great game—but if you want to know which companies are serious about electrification, look into which ones are lining up supplies of critical battery minerals. According to a recent report from Transport & Environment (T&E), automakers in the European market have secured only about 16% of the key battery metals they will need between now and 2030.

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Cradle Resources acquires geothermal assets in Australia

ThinkGeoEnergy

Mineral resource company Cradle Resources has announced the successful acquisition of 84% stake in Australian geothermal firms Volt Geothermal Pty Ltd (Volt) and Within Energy Pty Ltd (Within). The two firms have geothermal assets in Queensland and South Australia. Following the acquisition, Matt Kay has been appointed as the Managing Director of Cradle Resources.

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Year in Review: Grid-scale BESS developer Key Capture Energy’s outgoing CEO Jeff Bishop

Energy Storage News

Jeff Bishop, co-founder and CEO of US developer Key Capture Energy joins our series looking back at 2023 and looking ahead to 2024.

Energy 109
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Analysis: UK electricity generation from fossil fuels plunges to lowest level since 1957

Business Green

Fossil fuel-generated electricity fell more than a fifth in 2023 to lowest in 66 years, but renewable power generation has also 'effectively stood still', Carbon Brief finds

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Are Mining Majors Ready to Take Full Advantage of Exploration Technologies?

CleanTech Group

Mining majors have underinvested in innovation, having gutted R&D programs since the 80’s. Although investment is increasing, compared to similar industries such as.