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Masdar signs Agreements for 1GW Wind and potential Green Hydrogen Plant in…
The study will examine the feasibility of establishing a green hydrogen project near The Port of Aqaba to produce the most cost-competitive hydrogen, utilizing desalinated seawater, and dedicated renewable power. The study will examine the feasibility of establishing a green hydrogen project near The Port of Aqaba to produce the most cost-competitive hydrogen, utilizing desalinated seawater, and dedicated renewable power. Masdar Chief Executive Officer,Mohamed Jameel Al Ramahisaid: "With...
PR Newswire
05/12/2023
New Centre of Excellence announced aimed at catalyzing the implementation of…
It comes as an estimated US $4.4 trillion will be required for developing countries to implement their Nationally Determined Contributions, highlighting the vital role private sector finance can play. It comes as an estimated US$4.4 trillionwill be required for developing countries to implement their Nationally Determined Contributions, highlighting the vital role private sector finance can play. Dr.Yousef Alhorr, Founding Chairman of GCC, said: " For the world to give itself a...
PR Newswire
05/12/2023
The NDC Partnership and Coalition of Finance Ministers Announce Strategic…
"The leadership of Ministries of Finance is critical to mainstream climate into economic and development strategies and create the enabling environments for implementation and increased ambition, bringing a long-term view that goes beyond the 2025 NDCs and informing Long-term Low Emissions Development Strategies (LT-LEDS)," says Sigirid Kaag, Minister of Finance of the Netherlands and Co-Chair of the Coalition. "The leadership of Ministries of Finance is critical to mainstream…
PR Newswire
05/12/2023
FAB to Provide Over AED500 Billion (USD135 Billion) in Green Finance by 2030…
The commitment by the UAE's largest bank represents over half of the combined pledge of AED1 trillion (USD270 billion) made by UAE banks towards sustainable finance announced by the UAE Banks Federation on Finance Day at COP28. The commitment by the UAE's largest bank represents over half of the combined pledge of AED1 trillion ( USD270 billion ) made by UAE banks towards sustainable finance announced by the UAE Banks Federation on Finance Day atCOP28. As part of FAB's announcement at the...
PR Newswire
05/12/2023
Trina Solar provides 88MW Vertex N 700W modules to a solar and storage project…
The plant is subject to drastic temperature differences and strong winds. So reliability and power generation performance of PV modules are of utmost importance to ensure stable operation. After careful consideration the plant's operator chose Trina Solar Vertex N 700W modules. The plant is subject to drastic temperature differences and strong winds. So reliability and power generation performance of PV modules are of utmost importance to ensure stable operation. After careful consideration…
PR Newswire
05/12/2023
Dong Mingzhu Shares Gree Zero Carbon Story in COP28
After ten years of technological research and development, Gree has innovatively integrated photovoltaic and air conditioning, created the world's first "zero carbon source" air conditioning system, and won the highest award in the 2021 Global Cooling Prize. According to the organizing committee's estimates, this technology can reduce the carbon emissions of air conditioners by 85.7%. After the launch of the product, consumers in the Middle East region have purchased nearly 10,000 sets…
PR Newswire
05/12/2023
Fuel cell manufacturer Blue World Technologies closes financing round with…
The financing round was announced during COP28 in Dubai where Blue World Technologies was presenting their high-temperature PEM fuel cell technology as a solution to support the decarbonisation of the maritime industry. The Danish Minister for Climate, Energy, and Utilities, Lars Aagaard was present at the announcement together with Alexa Ríos Araneda, Head of Strategic Business Innovation at Maersk Growth and Peder Lundquist, Chief Executive Officer at The Export and Investment Fund of Denmark.
PR Newswire
05/12/2023
Deep Sky and Airhive to Deploy One of the World's Largest Direct Air Capture…
Once in operation, the partners will monitor the performance of the DAC unit at Deep Sky's Alpha facility. The joint team will collect data on the performance of the unit in terms of carbon dioxide removal (CDR), energy consumption, and more. The partnership aims to validate the technology for commercial deployment in Canada as part of Deep Sky's mission to develop Canada into a world-leading hub for carbon removal. This follows successful demonstrations of Airhive's technology in its London lab…
PR Newswire
05/12/2023
Winner in AI Solutions for Climate Change Competition Announced at COP28
More than 700 teams from 83 countries took part in the 5G energy consumption modelling challenge, a problem statement Huawei introduced as part of the series of competitions curated by the UN organizations, and led by the ITU and IAEA. More than 700 teams from 83 countries took part in the 5G energy consumption modelling challenge, a problem statement Huawei introduced as part of the series of competitions curated by the UN organizations, and led by the ITU and IAEA. Data scientistsKrishna...
PR Newswire
05/12/2023
Ionomr Innovations closes USD$20M Series A-4 Financing with broad industry…
"We are delighted to receive the financial support of industry players that represent the full spectrum of the hydrogen ecosystem," said Bill Haberlin, CEO of Ionomr Innovations. "The participation of leaders across our industry underscores that Ionomr is delivering proven competitive advantages to our customers and their system users. It reinforces that Ionomr's Aemion® is a viable solution for improving the economics in the hydrogen economy and that Ionomr's Pemion® enables…
PR Newswire
05/12/2023
Lethal Humidity Global Council's letter to world leaders
It calls on world leaders to "move beyond all policies that inhibit the development and deployment of renewable technology in order to achieve the defossilisation of our economy". It calls on world leaders to "move beyond all policies that inhibit the development and deployment of renewable technology in order to achieve the defossilisation of our economy". It implores them to back the Positive Power Plan and endorse four key policy shifts that are urgently required to avoid…
PR Newswire
05/12/2023
Mission Efficiency unveils Call to Action and pledges for driving progress on…
The Business Council for Sustainable Energy committed to advising policymakers in the U.S. on the market, technology and policy issues related to accelerating the scale up of energy efficiency. Climargy pledged to de-risk investments and mobilize investments in energy service companies (ESCOs) and energy efficiency projects. The Business Council for Sustainable Energy committed to advising policymakers in the U.S. on the market, technology and policy issues related to accelerating the scale…
PR Newswire
05/12/2023
37 Interactive Entertainment's MSCI ESG rating jumps to AA
Under the leadership of the relevant committees of the Board of Directors, 37 Interactive Entertainment's Sustainable Development Management Working Group carries out liability risk assessment, and enhances the company's ESG performance on different issues through systematic and collaborative plans. Under the leadership of the relevant committees of the Board of Directors, 37 Interactive Entertainment's Sustainable Development Management Working Group carries out liability risk assessment…
PR Newswire
05/12/2023
Xinhua Silk Road: Chinese liquor maker Wuliangye promotes int'l cooperation on…
The booth features the entire industrial system of Chinese Baijiu, displaying the production chain from seeds to liquor, the industrial supply chain from packaging to logistics, and the two-way chain between consumption and service based on the multidimensional network covering both domestic and overseas markets. The booth features the entire industrial system of Chinese Baijiu, displaying the production chain from seeds to liquor, the industrial supply chain from packaging to logistics, and...
PR Newswire
05/12/2023
Wanhua Chemical to Showcase Commitment to Dual Carbon Goals and Green Solutions…
Wanhua's strategic approach to reduce carbon emissions involves accelerating production and operational efficiency through technological innovation and optimizing equipment processes. Key initiatives include: Wanhua's strategic approach to reduce carbon emissions involves accelerating production and operational efficiency through technological innovation and optimizing equipment processes. Key initiatives include: Zero Carbonization of Electricity Energy Decarbonization Innovative...
PR Newswire
05/12/2023
ClimateCrete Inc. announces close of $3.3 million series A funding round led by…
ClimateCrete makes concrete production sustainable and more climate friendly thanks to a patent-pending technology that uses abundant local sand, instead of increasingly scarce imported sand, in a formulation that requires less cement, the main source of concrete's CO2 footprint. Compared to conventional concrete, ClimateCrete™ has a significantly reduced carbon footprint and costs no more than comparable products. ClimateCrete makes concrete production sustainable and more climate friendly...
PR Newswire
05/12/2023
Masdar Expands European presence with Acquisition of 1GW Renewable Portfolio in…
Once operational, the eight projects, which include solar photovoltaic (PV) and onshore wind technologies, will have a combined capacity of more than 1 gigawatt (GW), enough to supply approximately 223,000 households and offset 1.8 million tonnes of carbon dioxide each year. They represent a significant expansion in Masdar's growing European portfolio. Once operational, the eight projects, which include solar photovoltaic (PV) and onshore wind technologies, will have a combined capacity of…
PR Newswire
04/12/2023
Solar Based Hydrogen Generation Market revenue to hit USD 7.8 Billion by 2033…
The escalating investment in hydrogen infrastructure development is rapidly opening up lucrative prospects for the solar-based hydrogen generation market. As global attention pivots towards sustainable energy solutions, the hydrogen sector, particularly green hydrogen produced through solar-based processes, is gaining prominence. The surge in investment is a response to the pressing need for infrastructure that can support the production, distribution, and utilization of hydrogen as a clean…
PR Newswire
04/12/2023
Metacon announces a name change for its subsidiary Helbio
"With the renaming of Helbio to Metacon, we now have a unified brand platform for the entire company, which will enhance visibility in the market and make it easier to focus our resources on the marketing of our products," says Christer Wikner, President and CEO, Metacon. " With the renaming of Helbio to Metacon, we now have a unified brand platform for the entire company, which will enhance visibility in the market and make it easier to focus our resources on the marketing of our…
PR Newswire
04/12/2023
GLOBAL CENTRE LAUNCHED TO ACCELERATE CLIMATE FINANCE
As an independent think-tank and research hub, the GCFC aims to address the root causes currently preventing investment, bringing together cutting-edge research and leading experts to develop fit-for-purpose financial frameworks that are increasingly aligned internationally. By working with stakeholders across sectors, the GCFC will help to create the enabling environment for investment into low-carbon, sustainable and resilient projects. The GCFC, head-quartered in Abu Dhabi Global...
PR Newswire
04/12/2023
COP28: The Rockefeller Foundation, ACEN Corporation, Monetary Authority of…
The project, the South Luzon Thermal Energy Corporation (SLTEC) coal plant, would become the world's first coal-fired power plant to leverage carbon credits to enable its early decommissioning. While financial tools are already in place to support the early retirement of coal-fired power plants and their replacement with clean power, these are challenging to deploy in emerging markets and developing economies (EMDEs). The partners will explore the viability of an early retirement and repurpose…
PR Newswire
04/12/2023
Gore Street Capital Appointed Joint Manager of Japan's first Energy Storage Fund
The fund will be targeted at projects in the Kanto region of Japan. TMG intends for the energy storage assets to support its efforts to expand renewable electricity usage to 50% by 2030. ITOCHU is already developing several grid storage battery projects in Japan, with a cumulative total of more than 100 MWh of assets under development. The fund will be targeted at projects in the Kanto region ofJapan. TMG intends for the energy storage assets to support its efforts to expand renewable...
PR Newswire
04/12/2023
The United States and Nordic countries launch joint funding initiative to…
It is a partnership between the United States Agency for International Development (USAID), the Ministry for Foreign Affairs of Sweden and the Swedish International Development Cooperation Agency (Sida), the Ministry of Foreign Affairs of Denmark and Investment Fund for Developing Countries (IFU) and the Ministry of Foreign Affairs of Finland. Dialogues with additional donor countries are ongoing and the initiative welcomes new partners. World Climate Foundation is acting as IMCA's Operating…
PR Newswire
04/12/2023
Aker Carbon Capture signs FEED contract with Hafslund Oslo Celsio for Norway's…
Celsio's CCS project is part of Longship, the full CCS value chain development enabled by Norway's strong competence in both carbon capture and storage. Longship will also include CO2 from another hard-to-abate sector, Heidelberg Materials' cement plant in Brevik, where the carbon capture plant is delivered by Aker Carbon Capture and Aker Solutions. Should Celsio move forward with the CCS project, Aker Carbon Capture could be delivering 3 out of the 4 projects currently being planned to deliver…
PR Newswire
04/12/2023
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