Wed.Dec 27, 2023

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Microsoft signs 15-year deal to remove carbon by replacing forests

GreenBiz

The deal with Chestnut Carbon covers the removal of 2.7 million metric tons of carbon dioxide from the atmosphere over 15 years to support Microsoft's climate ambitions.

Carbon 366
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Will Small Modular Reactors Surpass Regulatory and Supply Chain Hurdles to Fill the Need for Stable, Baseload Power?

CleanTech Group

Global energy demands are expected to increase dramatically over the next few years. For decades, experts suggested estimates that 2050 could require twice.

Demand 187
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The most over- and under-hyped climate trends of 2023

GreenBiz

Some climate solutions don’t deserve the spotlight, while others deserve more attention.

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10 charts that sum up 2023's clean energy progress

Canary Media

As a team of writers and editors, we at Canary Media certainly believe in the power of the written word. But when you're reporting on a story as big as the energy transition, sometimes text alone doesn’t cut it.

Energy 133
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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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InCharge Energy launches charge management software on Geotab Marketplace

Charged

California-headquartered InCharge Energy , a provider of commercial fleet EV charging infrastructure, has integrated its proprietary InControl CMS charge management software with the Geotab Marketplace, a network of fleet-management telematics services. The integration allows fleet managers to view EV data even when their vehicles are not plugged in, according to the company.

Energy 120
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First Solar Enters Tax Credit Transfer Agreements With Fiserv

Solar Industry

First Solar has entered into two separate tax credit transfer agreements to sell $500M and up to $200M of 2023 Inflation Reduction Act Advanced Manufacturing Production tax credits to Fiserv, subject to satisfaction of certain conditions. Under the terms of the agreements, Fiserv will pay $0.96 per $1 of tax credits to First Solar during the first half of next year, inclusive of fees and commissions paid by First Solar to the placement agent.

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Five priorities for US utilities in 2024

Smart Energy International

The year 2023 has reaffirmed the position of electric and gas utilities as the epicentre of the energy transition. Innovations have been achieved across the sector, including in the domain of artificial intelligence and digitalised flexibility driving efficiency gains, which then brings to question what the priorities will be in the coming year. According to West Monroe, in the US specifically, there are five priorities for utilities in 2024: decarbonisation and integrated electrification and ga

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Daimler Truck partners with Hexagon Purus for vocational integration of electric Freightliner eM2

Charged

Daimler Truck North America (DTNA) has entered into an agreement with Norway-headquartered Hexagon Purus , a manufacturer of e-mobility products, to provide vehicle integration of the electric Freightliner eM2 for vocational applications. The integration will incorporate Hexagon Purus’s battery systems, auxiliary modules, power modules and vehicle-level software.

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Uruguay’s green power revolution: rapid shift to wind shows the world how it’s done

The Guardian: Energy

Stung by the 2008 oil price spike, Uruguay now produces up to 98% of its electricity from renewables. Can other countries follow suit? It was the 2000s, and fossil fuel prices were rising worldwide. After a period of volatility in the 1980s, the crude oil price per barrel had reached one its lowest points – $20 – at the end of 2001 but then, over the course of six years, it tripled before a new oil shock saw prices surpass those of the 1970s, reaching a record $145 a barrel on 3 July 2008.

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dSPACE to present new solutions for data-driven development, simulation and validation of EVs

Charged

dSPACE , a provider of automotive simulation and validation solutions, will demonstrate several solutions for electric and self-driving cars at the upcoming CES 2024 trade show. As the exclusive on-vehicle computer technology sponsor of the Indy Autonomous Challenge (IAC), dSPACE will demonstrate how its solutions work in demanding racing environments in a night race at the Las Vegas Motor Speedway. dSPACE will also demonstrate testing of battery management systems, power electronics, and techno

Aviation 113
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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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Equity Down Under: How Australian startups can crack the US market

TechCrunch: Climate

Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our interview show where we sit down with a guest, think about their work and unpack the rest. Today, we’re spinning the globe with […] © 2023 TechCrunch.

Startups 102
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Spain extends windfall tax on banks and energy companies

Financial Times: Energy

Controversial levy to be rolled over into 2025 but tax break will be introduced for green investments

Energy 111
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Defra plots electrical goods recycling reforms to end 'sheer waste of natural resources'

Business Green

Government seeks views on range of proposals to give manufacturers and retailers of electrical appliances and vapes greater responsibility for recycling these items

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My life on the road for Canary

Canary Media

Dear readers, Over the last year, I took it upon myself to become Canary Media’s roving correspondent. My cherished colleagues have other duties — to packs of felines, an adorable corgi, children, significant others. Blissfully unencumbered, I gave up my rental house in L.A. and hit the road.

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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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MPC Closes Phase II of Monte Plata Solar Park Financing

Solar Industry

MPC Caribbean Clean Energy Fund has financially closed Phase II of Monte Plata solar park in the Dominican Republic. The Phase II attracted a project finance loan from Dutch development finance institution FMO, Panamanian financial institution and asset manager CIFI and the CIFI Sustainable Infrastructure Debt Fund. MPC Caribbean Clean Energy Fund (the investment arm of the regionally publicly listed MPC Caribbean Clean Energy Limited) indirectly holds an approximately 36% asset share in the pr

Energy 105
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National Grid plugs in 100MW battery at former Kent coal plant

Business Green

Richborough Energy Park battery capable of powering 250,000 homes for an hour connects to grid on east coast of England

Batteries 100
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Year in Review: Energy Storage Awards 2023 Outstanding Contribution winner Alex O’Cinneide

Energy Storage News

Winner of the Outstanding Contribution at the Energy Storage Awards 2023, Alex O’Cinneide, founder and CEO of Gore Street Capital takes part in our end of year Q&A series.

Energy 70
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India’s Adani Group Announces $1 Billion Investment in Renewable Energy

POWER Magazine

India’s Adani Group announced more development of renewable energy, with the company on Dec. 27 saying its Adani Green Energy arm has received $300 million for the transfer of a […] The post India’s Adani Group Announces $1 Billion Investment in Renewable Energy appeared first on POWER Magazine.

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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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Holiday List No. 2: Ten impact investing trends to track in 2024

Impact Alpha

ImpactAlpha, Dec. 27 – Impact investing funds are sitting on some $200 billion in dry powder, according to Pitchbook. To get a sense. The post Holiday List No. 2: Ten impact investing trends to track in 2024 appeared first on ImpactAlpha.

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Bougainville looks to reopen mine that sparked Pacific island civil war

Financial Times: Energy

Reopening the Panguna copper complex is seen as central to region’s drive for independence from Papua New Guinea

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The PV review, Q3 2023: Module influx from China, EU revised solar capacity target, manufacturing expansions in US

PV Tech

The influx of Chinese modules to Europe, EU's revised solar capacity targets and manufacturing expansion plans in the US were some of the major issues happened in Q3 2023.

Europe 67
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Swedish ‘Spotify of heat pumps’ hopes to reach more UK homes

The Guardian: Energy

Aira, which offers subscription service at no upfront cost, has sights set on UK’s growing heat pump market Britain’s plan to wean homes off fossil fuels has had a tepid start, but despite its lukewarm beginning, the market for heat pumps is hotting up. The Swedish clean energy company Aira is leading a new wave of companies preparing to harness the growing interest in low-carbon home heating, and is positioning itself as the “Spotify of heat pumps”.

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Chile’s Codelco to control new lithium venture with miner SQM

Financial Times: Energy

Partnership is first step in President Gabriel Boric’s national strategy for battery metal

Lithium 92
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The PV review: how 2023 became the year of TOPCon

PV Tech

We look at developments in the research and deployment of TOPCon cells, and consider if the year of TOPCon will continue into 2024.

Asia 64
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Europe’s DSO labour and skills shortages identified

Smart Energy International

Labour and skills shortages in Europe’s energy sector have been identified by the DSO Entity in a yearlong campaign. Based on ‘on the ground’ information from DSO Entity members and stakeholders in several areas of interest for DSOs, the study found that achieving Europe’s carbon neutrality by 2050 will require upskilling and reskilling of the workforce and increasing staff capacities on the ground to make the green and digital transitions happen.

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Ep. 50 The Energy Trilemma with ScottMadden

Energy Central

This week on the show I had the pleasure of sitting down with Cristin Lyons, Partner and Energy Practice Leader at ScottMadden. For those of you who may not be familiar with ScottMadden they are one of the leading energy consultants in the US and have been consulting some of the largest energy companies since the 1980’s. Boy, today’s discussion was a doozy!

Energy 52
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Hopium Announces Advanced Discussions With a Potential Asian Industrial Partner

FuelCellsWorks

Hopium (Euronext Growth Paris: ALHPI), a French high technology company in the development phase of hydrogen fuel cell systems for the sustainable mobility

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LPO Updates • Issue 13 • December 2023

Energy Central

The December 2023 issue of LPO's monthly newsletter is out! Read the email newsletter at: [link] IN THIS ISSUE: New Community Jobs & Justice Resources • MAAR Snapshot • EIR Program • SEFI Webinar • And More! Check out the latest issue on LinkedIn or subscribe to have this newsletter and other LPO announcements sent directly to.

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Dunkirk: Groundbreaking Ceremony Held for the SHYMED1 Hydrogen Production and Distribution Station

FuelCellsWorks

The Urban Community of Dunkirk, the Banque des Territoires, and Hynamics, a 100% subsidiary of the EDF Group, are partnering to build a renewable hydrogen

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Hits and misses: rangebound copper brassed us off, flat oil flattered us

Financial Times: Energy

One clanger in 2023 which made Lex blush was our bullishness on the red metal

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Doosan Fuel Cell Continues to Receive Awards From the Minister of Trade, Industry and Energy for Practicing ESG Management

FuelCellsWorks

Doosan Fuel Cell has been recognized for its ESG management performance by winning awards from the Minister of Trade, Industry and Energy one after another.

Energy 52
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The best of BusinessGreen Intelligence in 2023

Business Green

From greenwashing guides and gamification, to regenerative Ribena and our weekly In the Green Room interviews - here are 10 of the top features from the first nine months of BusinessGreen Intelligence

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Grading My 2023 Energy Sector Predictions

Energy Central

At the beginning of each year, I make several predictions about the energy sector. You can see those predictions and read the context in Energy Sector Predictions For 2023. There are still a few days left in 2023, but there is enough available information to gauge the accuracy of these predictions. As always, I provided predictions that were specific and measurable.

Energy 40