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Startup tackles decarbonizing industrial heat processes. Skyven Technologies, founded in 2013, is a company with a unique proposition for companies in the industrial sector — a way to save money through decarbonizing. The need for decarbonization in the industrial sector spans far beyond solar. Myisha Majumder.
Therefore, companies need to develop a robust climate strategy through deep decarbonization. Sponsored: The climate crisis puts society and businesses at risk.
Drawing on longstanding pro-CO2 rhetoric in climate denialism, Policy Resolution #12 asks the government to scrap its decarbonization goals, remove the designation of carbon dioxide as a pollutant, and recognize the greenhouse gas as a “foundational nutrient for all life on Earth.” “I
million in VC funding following a $4 million pre-seed financing announced in September 2024 for its solutions aimed at decarbonizing manufacturing by addressing emissions from industrial heat. Cleantech startup Karman Industries announced that it has raised an additional $7.5
million) in Series A funding aimed at advancing its technology to decarbonize industrial heat. RIFT believes that its system will decarbonize industrial heat, reducing 1 Gigaton of CO₂ annually from 2050 onwards. Netherlands-based cleantech startup RIFT announced that it had raised €11 million (USD $11.9
The round was led by BlackRock and Temaseks decarbonization-focused fund, Decarbonization Partners, and follows a $25 million Series B financing by the company in July 2023. Developers and investors across the energy transition space require trustworthy data, analytics and insights.
November 12, 2024 /3BL/ - Decarbonization within the chemical manufacturing sector has become one of the key challenges in moving toward net zero goals. CET) for an in-depth discussion on the newly developed standard, SCS-115: Certification Standard for Product Carbon Intensity and Reduction for Chemicals and Co-products. ET (8:00 a.m.
Amazon announced it plans to invest more than $1 billion to electrify and decarbonize its transportation network across Europe over the coming years. The plans come as Amazon unveiled its largest-ever heavy-duty electric truck order, with more than 200 trucks to beEV added to its fleet in Europe.
Nearly all – 90% – of global trade is seaborne, according to the Organisation for Economic Co-operation and Development (OECD), underscoring the significant environmental impact of ports and shipping. Johansen underscores the urgency of decarbonizing maritime port operations due to the significant environmental impact of shipping.
Founded in 2023 by Dr. Lars Amsbeck and Frederick Lessmann, HyperHeat is developing a system that will use renewable sources for the high-temperature heating required by heavy industry. German climate startup HyperHeat announced that it has raised €3.5 million (USD$3.7
The deal is in line with a commitment by TotalEnergies to decarbonize the hydrogen used in its European refineries, the company said. Patrick Pouyann, Chairman and CEO of TotalEnergies, said: We are looking forward to developing further our partnership with RWE, our partner in several offshore wind projects in Germany and the Netherlands.
French energy giant TotalEnergies announced on Wednesday an agreement to acquire Germany-based renewable energy project developer VSB Group from global private markets investor Partners Group for total consideration of €1.57 Founded in 1996, Dresden-headquartered VSB develops wind and solar energy projects across Europe.
According to INGKA Group, the new investments will contribute towards the company’s target to reduce its climate footprint from operations by 85% by 2030, and forms part of its commitment to decarbonize its operations and value chain. Heating and cooling are the largest drivers of the company’s Scope 1 and 2, or “own operations” emissions.
Meta, the owner of Facebook, Instagram, and WhatsApp, announced plans to launch a request for proposals (RFPs) for nuclear energy developers in the U.S. to provide new nuclear capacity to supply the massive increase in energy to power the growth in AI, while supporting its sustainability goals.
The round was led by by BlackRock and Temasek’s decarbonization-focused fund, Decarbonization Partners. Also participating in the round were new investors MassMutual Ventures, as well as existing investors Avista Development, Clean Energy Ventures, Energy Innovation Capital, Evergy Ventures, LG Technology Ventures, and Zoma Capital.
KKR recently identified decarbonization , and the large scale brown-to-green transition of asset-heavy sectors in particular, as a key mega-theme driving investment opportunities. The acquisition will be made as part of KKRs Global Climate strategy.
in the value chain) in most industries, the path to net zero is simply not achievable without decarbonizing the supply chain. This session explores this problem space and three pivotal advances that are poised to unlock supply chain decarbonization within and across industries.
billion) in green bonds, with proceeds aimed at financing green projects at the company including renewable energy and decarbonization solutions. Data center and digital infrastructure company Equinix announced today that it has issued €1.15 billion (USD$1.21 billion total issuance to date, the company said.
Tokyo-based banking and financial services company Mizuho Bank and Temasek-owned decarbonization solutions-focused investment platform GenZero announced today a new partnership aimed at developing transition credits to help fund the acceleration of the early retirement of coal-fired power plants.
Originally published in Radius Recycling's 2024 Sustainability Report For more than a century, Radius has been developing robust networks to collect, process, and deliver recycled metals to customers in North America and around the world. Our work and our purpose have never been more relevant than they are today.
The Cambridge Blockchain Network Sustainability Index puts the electricity consumption of Bitcoin networks above those of several developed countries, including Norway and Sweden. The first was the development of standards and technologies to have 100% renewably powered blockchains as soon as 2025. The CCA set two interim objectives.
The acquisition forms part of a new partnership between Bain and Aquila, with the company’s citing a “significant opportunity to develop AQ Compute into a leading green data center platform for hyperscale and AI customers across Europe.”
The process of developing smart strategies, getting buy-in from leadership and stakeholders, and mapping out decarbonization pathways can drive home the scale of changes – and investments - that will be required to achieve bold climate goals and overcome existing challenges.
Energy company TotalEnergies announced a new agreement with said that it has signed an agreement with industrial gases and services supplier Air Liquide, aimed at helping to decarbonize TotalEnergies refineries in Northern Europe with green hydrogen. TotalEnergies and Air Liquide have several agreements behind them.
The capital investment needed to decarbonize the Canadian economy was first estimated by Corporate Knights at about $150 billion per year, and the federal government and others have since corroborated that finding. This “decarbonization capex (capital expenditure) gap” is the focus of the Climate Dollars research project at Corporate Knights.
Energy technology and services company Baker Hughes and low-carbon infrastructure developer Frontier Infrastructure announced a new partnership aimed at accelerating the deployment of large-scale carbon capture and storage (CCS) and power solutions in the U.S. Frontier is leading the development of the Sweetwater Carbon Storage Hub (SCS Hub).
Schneider also crossed a key threshold in its efforts to foster learning, upskilling, and development for all generations having now trained over 763,000 people in energy management. We must further intensify our global decarbonization efforts to mitigate the effects of climate change, benefiting people and planet.”
Further, just this past year, CDFIs received roughly $16 billion in federal grants for the development of clean energy, decarbonization of transportation and the built environment and pathways to a clean energy economy by and for disadvantaged communities. And the women are still strong in support.
Decarbonizing steel has a chicken or the egg problem. And right now, there isn’t enough demand for decarbonized steel for manufacturers to justify investing several millions of dollars into lower-carbon steel facilities. SteelZero commitments represent a new era in heavy manufacturing production. Jesse Klein. Wed, 01/27/2021 - 00:30.
At the same time, they’ve started asking themselves how they can profitably invest in climate solutions and decarbonization so that their investments are making the future better, not worse, for their members. Their goal is laudable and essential: climate safety depends on real-world decarbonization.
Effective decarbonization strategies rely on accurate and consistent data collection across Scopes 1, 2 and 3 to identify key focus areas, and close collaboration across supply chains to enhance supplier decarbonization.
Despite the recycling success, however, the steel industry is increasingly facing pressure to decarbonize. Dubbed the "Steel Buyback Bundle Program," the proposed model we developed on its behalf would enable steelmakers to offer reused construction steel profitably. Decarbonization. Contributors. Rachel Gould. Urvi Talaty.
We have the opportunity and responsibility to leverage our expertise to develop sustainable solutions that enable our customers’ success, positively impact our communities and protect our planet for future generations. Unlike passenger cars, there is not a single solution that will work to decarbonize commercial and industrial applications.
Claire Pedini, Senior Vice-President, Human Resources and Corporate Social Responsibility at Saint-Gobain, said: “This agreement marks a further step in our strategy to decarbonize our operations in France.
By Laura Cataldo Originally published by Healthcare Business Today As pressure mounts for the healthcare industry to reduce emissions, investments in sustainable construction projects have ramped up, and healthcare organizations have indicated a strong commitment to environmental sustainability and decarbonization goals.
The global shipping industry's decarbonization efforts once again face stormy seas. degrees [of warming] we need to decarbonize by the mid-2030s," he explained. "To To achieve 2 degrees we need to decarbonize by mid-century. degrees [of warming] we need to decarbonize by the mid-2030s. Cecilia Keating. To achieve 1.5
At the co-hosted “Chatting Climate & Consumer Goods” event held in New York City’s Garment District, speakers and attendees delivered deep supply chain decarbonization insights, building on presentations at the Cascale Annual Meeting and Worldly Customer Forum in Munich earlier this month. Browne said of optimized sourcing strategies. “We
Written by Justin Carron, Director of Buildings and Campuses, Eaton Theres never been a better time to decarbonize healthcare. Were seeing a growing commitment within the healthcare industry to accelerate decarbonization efforts to tackle climate change. More than 130 of the largest U.S. of all U.S.
In this episode, Suzanne Kuiper, Director and Global Coordinator, Circular Economy and Product Decarbonization, KPMG International, and Pedro Sao Simao, Lead, National Initiatives, Global Plastic Action Partnership, World Economic Forum discuss the implications of a global plastics treaty and dive into key insights and learnings from industry players (..)
Then Ellis shared key insights into the data presented, highlighting the rise in production volumes as a contributor to growing emissions outweighing decarbonization efforts. She emphasized the ongoing imperative for the sector to reduce emissions in alignment with a 1.5-degree
This episode features a discussion about decarbonizing steelmaking, including highlights from an interview with Adam Rauwerdink, senior vice president of business development for startup Boston Metal.
Founded in 2015 Longevity Partners works with real estate and infrastructure firms to achieve green building certifications, and assists them on energy audits, data reporting and management, climate resilience strategies, and the development of energy and resource efficiency measures to reduce environmental impact and future-proof assets.
All of these represent the surest pathways toward decarbonizing the global economy, and all are ramping up to meet the commitments by governments to align with the goals of the Paris climate agreement. The paths from here to electrification and decarbonization are costly and complex. Surge protection. Pull Quote. Energy & Climate.
5,000): This project will provide infrastructure and education to four organizations so their community garden members can produce and use high quality compost developed onsite. Energy efficiency is also a vital component in achieving net-zero emissions of carbon dioxide through decarbonization. businesses.
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