Wed.Jun 12, 2024

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What corporate finance teams should know about SBTi’s new financial sector guidance

GreenBiz

Updates for banks and other institutions setting science-based targets for emissions reductions take effect Nov. 30.

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Atmospheric sulphur dioxide levels hit historic high in Scotland following Icelandic volcanic eruption

Envirotec Magazine

An eruption on the Reykanes peninsula, Iceland. Edinburgh, no stranger to an occasional haze, experienced an unprecedented atmospheric event on 31 May, unlike any seen over the past 30 years. While sea haar from the North Sea often blankets Scotland’s capital, the haze observed that Friday felt distinctively different. UKCEH researchers are currently investigating if this haze can be attributed to a volcanic plume that transited the UK following an eruption in Iceland.

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Climeworks unveils upgraded carbon capture tech

GreenBiz

Direct air capture just got cheaper.

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Mapped: The Tory Network of Climate Denial and Fossil Fuel Funding

DeSmogBlog

Speaking outside Downing Street on 23 May, announcing a general election for 4 July, Prime Minister Rishi Sunak took a swipe at what he dubbed “environmental dogma”. It was a sign of how much has changed since 2021, when the UK hosted the flagship COP26 UN climate summit with a promise to “irrefutably to turn the tide and to begin the fightback against climate change”.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Germany Launches “Projekt Hydax” to Innovate Hydrogen and Hydrides Transportation Technologies

FuelCellsWorks

Germany’s Federal Ministry for Economic Affairs and Energy (BMWi) has unveiled a new initiative aimed at pioneering advancements in hydrogen and hydrides transportation technologies. The tender, titled “Projekt Hydax –.

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Cattle among the trackers and all-electric cherries: The shift to solar and fossil fuel free farming

Renew Economy

Farmers are going all electric and grazing cattle under solar arrays. It's an antidote to claims that renewables and agriculture cannot exist. The post Cattle among the trackers and all-electric cherries: The shift to solar and fossil fuel free farming appeared first on RenewEconomy.

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Snowy 2.0 boring machine Florence now stuck for a month in hard rock

Renew Economy

Snowy 2.0's trouble-laden tunnel boring machine still stuck in hard rock a month after coming to latest halt, as contractors try to blast their way through with high pressure water jets. The post Snowy 2.0 boring machine Florence now stuck for a month in hard rock appeared first on RenewEconomy.

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Uniper Shifts From Russian Gas to Green Hydrogen Amid Geopolitical Tensions

FuelCellsWorks

Uniper has terminated its long-term gas supply contracts with Gazprom Export following an arbitration ruling, shifting focus towards green hydrogen and other renewable energy sources. The company is diversifying its.

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Orsted’s Co-located Helena Energy Center Commences Operation

Solar Industry

Ørsted marked the official commencement of its 518 MW Helena Energy Center, a co-located wind and solar facility in Bee County, Texas. The center’s Helena Wind Farm is expected to generate 268 MW, while its Sparta Solar is set to generate 250 MW. The project spans 18,000 acres and includes 40 participating landowners “We deeply appreciate the collaboration with Bee County leadership, community members and landowners, without whom this project would not be possible,” says Ørsted’s Tre

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The Dakota Access Pipeline: What You Need to Know

NRDC onEarth

How protests against an oil pipeline turned into a national fight for Indigenous rights.

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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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Italy Advances Green Public Transit With Tender for Hydrogen Fuel Cell Buses

FuelCellsWorks

The Italian Ministry of Transport has launched a significant tender for the supply of hydrogen fuel cell hybrid buses (FCHV), marking a major step forward in incorporating sustainable technology into.

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ABB launches energy-efficient motor and inverter package for electric buses

Charged

Swedish-Swiss electrical equipment maker ABB has launched a motor and inverter package tailored to electric buses. The AMXE250 motor and HES580 three-level inverter were developed together to maximize efficiency, offering up to 12% less motor losses on typical drive cycles compared to previous two-level inverters, according to the company. Unlike two-level inverters, which switch between DC+ and DC- voltage levels, the HES580 introduces a third, neutral voltage step.

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NETL Researchers Achieve Unprecedented Experimental Scale-Up of Catalyst for Hydrogen Production

FuelCellsWorks

NETL researchers recently scaled up hydrogen production tests by increasing the catalyst load from 500 grams to 4.5 kilograms, a significant step toward advancing the hydrogen production technology needed for.

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Construction begins on new big battery next to one of Australia’s oldest wind farms

Renew Economy

New battery project next to one of Australia's oldest wind farms will be the first storage investment by the now Chinese owned company. The post Construction begins on new big battery next to one of Australia’s oldest wind farms appeared first on RenewEconomy.

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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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Proton Motor Power Systems Receives Follow-Up Fuel Cell Order from H2tec AG

FuelCellsWorks

Proton Motor Power Systems plc (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems with a zero-carbon footprint, is pleased to announce that it.

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Minnesota takes rare step to allow power lines alongside highways

Canary Media

Here are two key facts about transmission lines: The U.S. needs a lot more of them to transition away from fossil fuels; they're also incredibly difficult to build.

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NatPower H and Hydrocell Sign Their First Agreement for the Supply of 4.5 Tons of Hydrogen Over 3 Years

FuelCellsWorks

Milan– NatPower H, part of the NatPower Group, the leading global developer of innovative infrastructure for the production, storage and refueling of green hydrogen for pleasure boating, and Hydrocell, an innovator.

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Plunging solar module prices drive massive boom in off-grid renewable projects

Renew Economy

The market for off-grid solar is booming in Australia as panel prices drop and customer scale up installation ambitions. The post Plunging solar module prices drive massive boom in off-grid renewable projects appeared first on RenewEconomy.

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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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RWE begins construction on 150MW Illinois PV plant

PV Tech

German utility RWE has begun construction of a 150MW solar PV project in Illinois, US, marking its entry into the state’s solar market.

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Climate Pledges Haven’t Stopped These European Banks From Financing LNG

DeSmogBlog

A liquified natural gas import terminal that could become one of Europe’s largest such facilities has received financing from a dozen European and Asian banks, many of which have existing climate pledges. A list of the 12 banks financing the proposed Stade LNG Terminal in Germany was created by Reclaim Finance, a Paris-based research organization focused on decarbonizing financial flow, and shared exclusively with DeSmog.

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Michigan Utility Replacing Coal Plant With Large Energy Storage System

POWER Magazine

Michigan’s major electric utility said it plans to build one of the nation’s largest standalone battery energy storage projects at the site of a retired coal-fired power plant. Detroit-based DTE […] The post Michigan Utility Replacing Coal Plant With Large Energy Storage System appeared first on POWER Magazine.

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1H 2024 Offshore Wind Market Outlook: Course Correct

BloombergNEF

Offshore wind additions are set to hit a new high in 2024, as several newer markets including the US, France and Taiwan ramp up build. The post 1H 2024 Offshore Wind Market Outlook: Course Correct appeared first on BloombergNEF.

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Farmers who graze sheep under solar panels say it improves productivity. So why don’t we do it more?

The Guardian: Energy

Allowing livestock to graze under renewable developments gives farmers a separate income stream, but solar developers have been slow to catch on Sign up for the Rural Network email newsletter Join the Rural Network group on Facebook to be part of the community As a flock of about 2,000 sheep graze between rows of solar panels, grazier Tony Inder wonders what all the fuss is about.

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Rocking Out CO2: Green Hydrogen Steals the Spotlight

Hydrogen Fuel News

The Rising Impact of Outdoor Music Festivals Outdoor music festivals have become a cultural phenomenon, drawing massive crowds and growing at a staggering rate. By 2024, user penetration for these events is expected to reach 4.4%, with annual revenue growth projected at 14%. While these gatherings offer unforgettable experiences, they also come with significant environmental costs, primarily driven by the extensive use of diesel generators.

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Europe’s ‘Destination Earth’ to deliver climate data for energy planning

Smart Energy International

The Destination Earth initiative has launched with the prospect of becoming a key input for the increasingly important climate data into planning in the energy sector among others. Destination Earth (DestinE), named a ‘flagship initiative’ of the European Commission, is aimed to develop a highly accurate and detailed digital twin of the Earth for use to monitor, model and predict the climate and other natural phenomena and their interaction with human activities.

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Federal Council votes in favor of geothermal roadmap for Switzerland

ThinkGeoEnergy

The Federal Council of Switzerland has voted in favor of a postulate by National Councilor Katja Christ calling for an action plan and roadmap for the development of medium-depth geothermal energy for heat supply. The proposal, with the title “Geothermal energy for heat supply: Check the potential and show the road map!” received 131 positive votes, 60 negative votes, and 5 abstained.

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EnviroSpark to deploy EV charging infrastructure at 58 AION properties in 7 states

Charged

Georgia-based EV charging provider EnviroSpark has formed a partnership with property management company AION to deploy EV charging infrastructure across 58 properties in seven states: Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Indiana and Ohio. EnviroSpark will install more than 200 charging plugs across AION’s multi-family properties.

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LBNL: Residential solar installations save US homes an average of US$1,987 on energy bills

PV Tech

Lawrence Berkeley National Laboratory (LBNL) research shows that the use of solar panels on US homes can cut energy burden to as low as 1.3%.

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Ask these 7 questions before you buy a home battery

Canary Media

Canary Media’s Electrified Life column shares real-world tales, tips, and insights to demystify what individuals can do to shift their homes and lives to clean electric power. This article is the second in a two-part series on home batteries.

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Conservatives and incumbents have predicted the end of wind and solar for decades. They are still wrong

Renew Economy

Conservatives and fossil fuel incumbents are still arguing the lights will go out with renewables. And they are still wrong. Here's why solar, batteries and electrification are taking over. The post Conservatives and incumbents have predicted the end of wind and solar for decades. They are still wrong appeared first on RenewEconomy.

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Baseload Power Japan holds geothermal business case competition in Waseda University

ThinkGeoEnergy

Baseload Power Japan Co. , Ltd., a subsidiary of Sweden-based Baseload Capital , recently co-hosted a business case competition with Waseda University ‘s Global Management Program. The event focused on developing geothermal energy in Japan and took place at Waseda University’s School of Commerce. Approximately 130 students from Waseda University and the Hong Kong University of Science and Technology participated in the event.

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Huge solar and battery project proposed next to rebuilt Callide coal fired power station

Renew Economy

Huge solar and battery project proposed next to Callide coal generator, part of which will shut down in a few years. The post Huge solar and battery project proposed next to rebuilt Callide coal fired power station appeared first on RenewEconomy.

Batteries 101
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Monumental green hydrogen delivery agreement struck between TotalEnergies and Air Products

Hydrogen Fuel News

The agreement marks a first for the two companies. TotalEnergies and Air Products have joined forces to deliver green hydrogen to Europe to help decarbonize the continent’s refineries. The 15-year agreement, which includes an annual supply of 70,000 tons of green H2 in Europe, is slated to begin by the start of the next decade. The hydrogen will come from Air Products’ global supply network.