Decarbonization News

  • BP Gets Funding for Green Hydrogen Project in Germany July 16, 2024 2:20 pm Rigzone BP plc has been granted funding for a 100-megawatt (MW) green hydrogen project next to its Lingen Refinery in Germany. The funding was provided jointly by the Federal Ministry for Economic Affairs and Climate Action (BMWK) and Lower-Saxony Government, as …
  • Maritime and cruise majors come up with key recommendations to advance net-zero journey July 16, 2024 2:00 pm Offshore Energy Maritime and cruise industry players have drafted three key suggestions to advance sustainable and scalable decarbonization solutions, including technology development, alternative fuel opportunities, and policy and regulation. Courtesy of Royal Caribbean …
  • Germany grants €4.6 billion to 23 IPCEI hydrogen projects July 16, 2024 2:00 pm Offshore Energy German federal and state governments have granted €4.6 billion in funding to 23 hydrogen projects that are a part of the “infrastructure wave,” Hy2Infra, of the Important Projects of Common European Interest (IPCEI) Hydrogen program. The participating …
  • CET Launches New Carbon Conscious Business Accreditation July 16, 2024 1:23 pm Business West - Massachusetts SPRINGFIELD — CET (formerly the Center for EcoTechnology) announced the launch of its Carbon Conscious Business accreditation, an initiative designed to recognize and celebrate businesses committed to reducing their carbon footprint through energy …
  • Data Surge Selected by Competitive Power Ventures to Develop Scalable Data Lakehouse July 16, 2024 1:04 pm WFMZ - Pennsylvania Data Surge selected by Competitive Power Ventures to create their new enterprise data platform which will drive both innovation and business value. SACRAMENTO, Calif., July 16, 2024 /PRNewswire-PRWeb/ -- Data Surge, a leading data and AI/ML …
  • CBAM Tariffs Could Cost POSCO Up to 1 Trillion Won If Compliance Is Not Met July 16, 2024 12:48 pm Business Korea Kim Sang-hyup, head of POSCO's Carbon Neutral Policy Office, issued a stark warning at the "Strengthening the Role of Finance for Carbon Neutrality" seminar on July 15, co-hosted by the Carbon Neutral Green Growth Committee and the Korea …
  • ConnectM Introduces Innovative AI-Driven Heat Pump July 16, 2024 12:30 pm EIN Presswire MARLBOROUGH, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced the launch of its new intelligent heat pump …
  • European Union: CSDDD – No escape for the financial sector? July 16, 2024 11:43 am Global Compliance News In brief The EU Corporate Sustainability Due Diligence Directive (CSDDD) exempts financial institutions from due diligence to identify, mitigate and remedy potential adverse impacts, whether human rights or environmental, in their downstream “chain of …
  • Atlantica Publishes Scheme Circular and Announces the Shareholder Meetings to Vote on its Acquisition by ECP and Co-Investors Will Be Held on August 8, 2024 July 16, 2024 11:16 am EIN Presswire Atlantica Publishes Scheme Circular and Announces the Shareholder Meetings to Vote on its Acquisition by ECP and Co-Investors Will Be Held on August 8, 2024 July 16, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ: AY) ("Atlantica” or the …
  • Germany Awards $5 Billion in Funding for Hydrogen Projects July 16, 2024 10:59 am Rigzone The German Ministry for Economic Affairs and Climate Action (BMWK) on Monday named 23 projects spanning the hydrogen value chain for federal and state financing totaling EUR 4.6 billion ($5 billion). The recipients include majority local government-owned …
  • Asia-Pacific Driving Global Air Traffic, Growth to Double in 20 Years July 16, 2024 10:39 am The Global Economics The Asia-Pacific region – particularly China and India – is expected to provide the “largest market for new aircraft”. According to Airbus, there will be a major increase in air travel from the Asia-Pacific region over the next 20 years as economies grow …
  • Hawaii Lawmakers Have Big Money Advantages In This Year’s Election Campaigns July 16, 2024 10:05 am Honolulu Civil Beat - Hawaii Members of the House have spread campaign cash around to newcomers in efforts aimed at coalition building. The most recent filings of campaign spending reports for Hawaii legislative races show that money tends to flow to incumbents, especially if they are …
  • ReNew Chairman Appointed Co-Chair of Global Climate Action Alliance July 16, 2024 9:49 am Chemical Industry Digest ReNew, provider of renewable energy solutions, announced that Chairman and CEO, Sumant Sinha, has been appointed as the Co-Chair of the Alliance of CEO Climate Leaders, the world’s largest CEO-led climate coalition and a key initiative of the World …
  • Advanced Clean Transportation EXPO Recap July 16, 2024 9:40 am Exhibit City News - Nevada by Leslie Mujica, Exhibit City News   The main mission of the Advanced Clean Transportation (ACT) Expo is to advance decarbonization efforts in the transportation sector by facilitating the flow of information, latest technologies, services, and vehicles …
  • Shell, TotalEnergies, bp, and Mitsui take stakes in ADNOC’s Ruwais LNG project July 16, 2024 9:29 am LNGindustry Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with the heads of global energy companies to exchange views on the future of the energy sector and the UAE's commitment to …
  • NEXTCHEM (Maire) bags pre-FEED contract for FertigHy low-carbon fertilizers plant in France July 16, 2024 9:19 am Indian Chemical News MAIRE announces that NEXTCHEM (Sustainable Technology Solutions) has been awarded by FertigHy a Feasibility Study and Pre-FEED (Front-End Engineering Design) contract leveraging on its NX Stami Green Ammonia and NX Stami Nitric Acid technologies, while …
  • Tecnimont and Nextchem to Design Green Ammonia Plant in India July 16, 2024 9:17 am Energetica India Maire Tecnimont's Tecnimont and Nextchem are designing a green ammonia plant in India with Sembcorp Green Hydrogen India. Nextchem's ArcHy tool optimizes renewable energy use. Poland plans extensive hydrogen infrastructure.  Italy-based Maire …
  • TotalEnergies inks SPA with IndianOil for LNG delivery for five years from 2027 July 16, 2024 9:05 am Indian Chemical News TotalEnergies announces the signing of two new LNG medium- and long-term contracts in Asia: a sales and purchase agreement (SPA) with Indian Oil Corporation (IOCL) for the delivery to India of up to 800,000 tons per year of LNG for ten years from 2026; and …
  • Aker Horizons ASA: Second-quarter results 2024 July 16, 2024 9:04 am Asiaone LYSAKER, Norway, July 16, 2024 /PRNewswire/ -- Aker Horizons ASA (OSE: AKH), a developer of green energy and industry, today announced results for the second quarter 2024. Aker Horizons' net capital employed stood at NOK 7.1 billion, an …
  • Japan To Deflate China’s “Debt Trap” Diplomacy With Benevolent “No Risk” Aid As It Looks To Win Central Asia July 16, 2024 8:15 am The Eurasian Times In response to China’s growing influence in Central Asia, Japan has begun to bolster its presence in the region. This could strengthen the balance of power in the area and impede China’s influence in Central Asia. The decision has a two-fold effect: it …
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