Remove Business Energy Monitoring Remove Carbon-neutral Remove Demand Remove Investment
article thumbnail

£80m boost to help UK businesses tackle carbon emissions

Envirotec Magazine

The UK government announced the disbursement of over £80 million funding on 28 June, intended to give a boost to a range of projects geared towards ditching fossil fuels in favour of cleaner energy sources. Projects include hydrogen-powered cornflake production and low-carbon Scottish whisky distillation.

article thumbnail

Hitachi Energy ramps up global transformer capacity with over $1.5bn

Smart Energy International

Hitachi Energy has revealed investments of over $1.5 billion to ramp up its global transformer manufacturing capacity to keep pace with growing demand. The investments will gradually expand the company’s global transformer capacity by 2027 and will be spread across their operations in Europe, the Americas and Asia.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

UPS Goes Carbon Neutral With Offset Program

Green Business Bureau

The transportation industry, and heavy and light-duty vehicles in particular, uses a significant amount of energy and emits large portions of CO2 every year. An offset program like UPS’s carbon neutral service , though, can help minimize these emissions, paving the way for a new era of sustainable shipping.

article thumbnail

Technology Trending: REC transactions and energy consumption matching

Smart Energy International

EDF leads a proof-of-concept on automating renewable energy transactions and Eurelectric’s study on the benefits of matching energy consumption with clean energy on a (near) real-time basis are on the week’s technology radar. Have you read?

article thumbnail

A global forum to catalyse India’s clean energy transition

Smart Energy International

Narendra Modi’s clarion call for becoming ‘AatmaNirbhar’ in energy sector, DISTRIBUTECH India 2022, together with POWERGEN India and Indian Utility Week, India’s leading Energy Business Platforms, will be organised from 12th-14th October 2022 in New Delhi, India. Have you read?

article thumbnail

Low carbon packages: FedEx pledges to deliver 'carbon neutrality' across its operations by 2040 with $2bn investment drive

Business Green

Air cargo operator pledges to invest in sustainable fuels, carbon capture research, and fleet electrification in bid to meet new climate goals. By 2025, half of all FedEx Express global PUD vehicle purchases would be electric, rising to 100 per cent by 2030, it said. FedEx CEO and chairman Frederick W.

article thumbnail

€10 million for I&C behind the meter energy storage in UK and Ireland

Smart Energy International

Irish flexibility aggregator GridBeyond is to install behind the meter energy storage at its UK and Ireland customer sites. million) is a phase one commitment from Triodos Energy Transition Europe Fund and marks the first step in a collaboration with the potential to expand into other global markets. The €10 million ($11.3