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A $275 million state government grant scheme aims to bolster manufacturing and innovation in the renewables and clean-technology industries. The post Green manufacturing gets $275m boost with launch of innovation grant scheme appeared first on RenewEconomy.
Recently, PLANT held a roundtable looking at the adoption of cleantechnology in the manufacturing space, focusing on how manufacturers can be more sustainable and reduce their carbon footprint.
Together, the bills showcase a bipartisan opportunity to lower global climate pollution by leveraging American leadership in cleanmanufacturing, while also advancing U.S. environmental standards, supporting domestic economic growth, and encouraging cleaner manufacturing overseas, including through export of U.S. technology.
European Net-Zero Industrial Act (NZIA) and US Inflation Reduction Act (IRA) Set to provide much needed framework and boost CCUS technology and clean tech markets Act will strengthen the resilience and competitiveness of net-zero technologiesmanufacturing in the EU, and make our energy system more secure and sustainable.
It’s difficult for manufacturers to give a product a second or third life if they’re not returned. DLL is helping the manufacturers it represents rethink the life cycle of their products, sometimes encouraging customers to refresh equipment more frequently before it becomes obsolete. Heather Clancy. Wed, 06/23/2021 - 01:30.
China dominates in a multitude of cleantechnologies, not just solar and batteries. The International Energy Administration has assessed today's the global cleantechnologymanufacturing landscape and projected what it will look like in 2030.
The Net-Zero Industry Act proposes a series of measures aimed at scaling up the manufacturing of technologies key to achieving climate neutrality, and establishes a goal for at least 40% of the annual deployment needs for strategic net zero technologies to be manufactured in the EU by 2030.
The regional bloc is focusing on protecting its supply chains for domestic cleantechnologymanufacturing industries, but also has an eye on Australian projects. The post EU eyes Australian wind investment as it locks in renewable capacity at home appeared first on RenewEconomy.
The federal government expects investments and tax credits for carbon capture, utilization and storage and cleantechnology to receive royal assent by June (six months after they were introduced in Parliament). billion Nuclear energy and research $3.1 billion EV supply chain tax credits through 2035 $1.1
Budget 2023 took an approach geared to compete with the IRA’s investment package and outlined five major investment tax credits: hydrogen; carbon capture, utilization and storage; cleantechnology; cleantechnologymanufacturing; and clean electricity.
In Ontario and Alberta, significant policy reversals in recent years have weakened the business case for emerging clean-tech firms, which need major local customers to commercialize and scale up their technology. . But the government plans to rely more heavily on natural-gas-fired power for electricity over the next decade.
The fact that the government poured billions of dollars of public investment into these two manufacturing facilities highlights the challenge for Canada to keep pace with the large public incentives being made in key sectors by the United States through the Inflation Reduction Act and the European Union through the Green Deal Industrial Plan.
The companies that made the Best 50 are mostly corporations with more than $1 billion in annual revenues, as well as Crown corporations, large co-ops and members of the S&P/TSX Renewable Energy and CleanTechnology Index. C, SBTi 6 25 Royal Canadian Mint Metal products manufacturing B+ SBTi, 1.5°C
When utilized by customers, our leading-edge design, test, manufacture, and optimization solutions help build a better planet in areas such as cleantechnology, social impact and wellness, and safety and security. Clean Tech Innovation. Technology provides a gateway to community prosperity.
Budget 2023 took an approach geared to compete with the IRA’s investment package and outlined five major investment tax credits: hydrogen; carbon capture, utilization and storage; cleantechnology; cleantechnologymanufacturing; and clean electricity.
DESCRIPTION: Tersano is a Canadian-based, privately held company that manufactures sustainable cleaningtechnologies. Through their innovative products and solution, they make cleaning safer for people and the planet, while helping businesses significantly reduce costs, time, and labor every step of the way.
We are in talks with utilities, cement companies, and hydrogen bus manufacturers, among others." . Patch, an energy and technology consultant. Not only are other cleantechnologies such as electrolysis expensive, they require enormous energy and don’t address the waste problem that waste conversion technologies could, he points out.
Plentiful, affordable electricity will drive emission reductions all through the economy, from electric cars and school buses in transportation, to highly efficient heat pumps and induction stoves in buildings, to electric arc furnaces in steel manufacturing. . It’s about using energy in different and smarter ways. .
trillion was invested in cleantechnologies, including heat pumps, electric vehicles, nuclear power, storage, grids, low-emission fuels, and efficiency improvements. This significant investment in cleantechnologies underscores the potential and importance of renewable diesel in the energy sector.
The choice to pursue investment tax credits for cleantechnology, like wind, solar, storage and green hydrogen, will allow Canada to take a competitive lead in accelerating the decarbonization of the energy sector,” said Evan Wilson, Senior Director of Policy and Government Affairs at CanREA, who was on site for the introduction of the Budget today.
In an editorial in Plastics News, editor Don Loepp says, “It’s time for everyone to get serious about sustainability,” citing the need for plastics manufacturers to look beyond packaging to focus on plastics used in automotive, health care and other industries.
The European Council announced today that it has approved the Net-Zero industry Act (NZIA), a new law introducing a framework of measures aimed at scaling up Europe’s manufacturing capacity for technologies key to achieving the EU’s climate goals.
As countries scramble to secure supplies of the raw materials they need to manufacture wind turbines, batteries and other technologies key to preventing runaway climate change, this facility run by local startup Cyclic Materials is part of an emerging industry: creating a circular economy for critical energy transition minerals.
DENVER, April 18, 2024 /3BL/ - Today, the Wells Fargo Innovation Incubator (IN²), a $50 million cleantechnology program funded by the Wells Fargo Foundation and co-administered by the U.S. IN² is guided by a mission to foster innovation and increase market adoption of cleantechnologies to address urgent climate challenges.
billion of funding for British manufacturing to increase investment in nine sectors. The sectors in question are: Automotive, Aerospace, Life sciences, and Clean energy (carbon capture, utilisation and storage, electricity networks, hydrogen, nuclear, and offshore wind). The UK government is making available £4.5
85 innovative projects in 18 countries bring cutting-edge cleantechnologies at the service of climate action. New projects in the maritime, aviation and road transport sectors will boost efforts to reach clean mobility.
Canada unveiled its response to the emerging global race to scale up green energy and clean tech manufacturing capacity, with proposals for over $60 billion in tax credits and an additional $20 billion in sustainable infrastructure investments in its 2023 budget, presented by Deputy Prime Minister and Minister of Finance, Chrystia Freeland.
As Congress prepares to comb through the tax code, business leaders attending the meetings this week are making the clear case to maintain the clean energy tax credits that are delivering investment, manufacturing jobs, energy projects, and reduced costs to members’ states and Congressional districts. With the U.S.
Booming investment in solar and battery manufacturing is rapidly becoming a powerful global economic driver, according to a new report from the International Energy Agency (IEA).
As the world ramps up renewable energy deployments, an uncomfortable truth is arising: The materials, manufacturing processes and disposal methods for cleantechnologies are creating their own issues. Read the full story at GreenBiz. Case in point: wind turbine blades. In the U.S. Most… Read more →
for putting forward an ambitious, yet fully achievable, NDC that will position the country to capitalize on the private-sector momentum to build and deploy affordable, reliable, abundant American-made cleantechnologies and solutions. to maintain its clean energy incentives and broader policy landscape. Ceres applauds the U.S.
The law’s transferability provision allows, for the first time, clean energy developers and manufacturers to sell their tax credits to third parties for cash. How can Nasdaq ESG Solutions and Crux help corporates navigate this new market? In July, Crux released its 2024 Mid-Year Market Intelligence Report based on data from $6.8
When used by customers, Keysight’s leading-edge design, emulation, and test solutions help drive innovations that build a better planet in areas such as cleantechnology, social impact and wellness, and safety and security.
By unleashing hundreds of billions of dollars in private investment to build and deploy cleantechnologies and infrastructure, the IRA has proven itself as an anchor for the US manufacturing renaissance, a motor for U.S. competitiveness and energy security, and a crucial tool to lower costs for families and businesses.
This includes employee safety and well-being; global aerospace safety; equity, diversity and inclusion; sustainable operations; innovation and cleantechnologies; and community engagement. DESCRIPTION: ARLINGTON, Va., We also joined the First Movers Coalition and continue to make progress through our joint venture, Wisk. As a top U.S.
Sweden-based truck and bus manufacturer Scania and Sweden-based global steel company SSAB announced today a new agreement for fossil-free steel, including a target to decarbonize all steel deliveries from SSAB to Scania’s heavy-duty vehicles in 2030. SSAB is the main steel supplier for Scania’s vehicles.
Swedish industrial products manufacturer Alfa Laval announced the launch of Electrolyzer and Fuel Cell Technologies, a new business unit aimed at capturing business opportunities in the hydrogen sector emerging from the global transition to clean energy sources.
The DOE believes the US can expand global market share with these policy-supported and investment-focused technologies: Fuel Cells and Electrolyzers - The United States is resource-rich and may be able to export electrolytic hydrogen, related chemicals, electrolyzers, fuel cells, and related equipment. The US will invest $1.5
The administration’s Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) include allocations of nearly $500 billion to climate-focused investments in areas including carbon-free energy, manufacturing and cleantechnologies.
As highlighted in the Keysight 2021 CSR Report, the company’s sustainably developed, leading-edge design, test, manufacture, and optimization solutions help customers deliver breakthrough purposeful innovations in areas such as cleantechnology, social impact and wellness, and safety and security.
Lawmakers in the European Parliament and Council announced today that they have reached a provisional agreement on the Net Zero Industry Act (NZIA), a new regulation aimed at scaling up cleantechnology industrial capabilities and capacity across Europe.
In line with the Challenge’s advanced technology specifications, these heat pumps will be designed to help organizations meet their energy efficiency needs and decarbonization goals. “As spends approximately $800 billion each year to power buildings, manufacturing plants and homes. According to the DOE , the U.S.
As Europe races to keep up with China and the US on cleantechnologies, state-backed export credit agencies’ role is expected to grow. ACC is a joint venture between carmakers Stellantis and Mercedes, and battery manufacturer Saft – a subsidiary of French oil major TotalEnergies. billion (US$4.8
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