Neustark secures $69 million in funding to expand carbon removal solution globally
Growth equity funding round led by Decarbonization Partners, with participation from Blume Equity, to propel neustark’s expansion across Europe, North America, and Asia-Pacific, and support its mission to remove 1 million tons of CO2 in 2030. Existing backers Siemens Financial Services, Verve Ventures, ACE Ventures, and Holcim continue their support, and UBS adds debt financing. The […]
NEW DNV SURVEY HIGHLIGHTS OIL AND GAS SECTOR PARADOX
Industry must balance increasing demand for petroleum products and growing pressure to transition to low-carbon energy sources to reduce emissions A recent DNV survey reveals that 64% of oil and gas industry leaders say that the pace of the energy transition is accelerating, while 68% are optimistic about sector growth despite lingering impacts from the […]
Supporting the right small changes can have big impacts
Small changes in our everyday actions can trigger significant, rapid societal shifts especially when it comes to climate action. A new IIASA-led study highlights the importance of analyzing these dynamics with a comprehensive framework to harness their full potential for reducing carbon emissions. Making small changes in how we live day-to-day can quickly create significant […]
Associated British Ports announced as major sponsor of the 2024 Convention for the Western Gateway
The Western Gateway Partnership has announced Associated British Ports (ABP) as the first major sponsor for the 2024 Convention of the Western Gateway. ABP, the UK’s leading port operator, owns and operates 21 ports across the UK which together manage around 25 percent of the UK’s total sea-borne trade. In South Wales, ABP’s five ports […]
Nikkiso Clean Energy & Industrial Gases Group to Deliver around Two Dozen Liquid-Based Hydrogen Stations in South Korea
TEMECULA, Calif., June 19, 2024 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group, part of Nikkiso Co. Ltd.’s Industrial division, announced that after its most recent award by SK Plug Hyverse, the Group has contracts to build and maintain approximately two dozen liquid-based hydrogen (LH2) fueling stations in South Korea. As more buses […]
Decentralised energy sector responds to party manifestos
The new government must shift towards a smart, low-carbon energy system if the UK wants to achieve true energy security, says the Association for Decentralised Energy (ADE) in response to the recent party manifesto launches. The trade association, representing more than 160 organisations, calls for whichever party comes into power to take the reins and […]
Zero-emission deliveries made out of new smart logistics centre in Helsinki by robots
Carbon neutrality goals require rapid advancements to reduce the emissions from all transport – including urban logistics. Emissions can be reduced in various ways. One of them is electrifying deliveries, while optimising deliveries is another, since deliveries at a low utilisation rate increase unnecessary mileage in busy downtown areas. A pilot project on new urban […]
Pfeiffer Vacuum Valves & Engineering Receives Blue Sky Award
Pfeiffer Vacuum Valves & Engineering, a member of the Busch Group, received the Blue Sky Business Partner Luminary Award as the first award winner in the California service territory for its commitment to purchasing renewable energies. Pfeiffer Vacuum’s Yreka facility participated in the prestigious Blue Sky Business Partner Program. It awards companies that cover 100% […]
DNV New Power Systems report: Global grid infrastructure to double by 2050 to meet surging electricity demand
Global grid infrastructure will double by 2050 due to a surge in renewable energy sources and a doubling of global electricity demand. By 2050, 70% of the world’s electricity will come from solar and wind, necessitating market and regulatory adjustments to support flexibility-enhancing technologies. Li-ion utility-scale batteries will dominate the storage market, providing three times […]
EUROPE’S FIRST INTERNATIONAL ELECTRIC FLIGHTS AVAILABLE TO GENERAL PUBLIC AT MAASTRICHT AACHEN AIRPORT
Pioneering electric aviation project, Electrifly, to offer open-to-public electric flights through a pilot scheme between Maastricht, Liege, and Aachen airports on first come first served booking basis from 1 July Maastricht, the Netherlands, Monday 17th June 2024: Maastricht Aachen Airport (MST) is to host the first publicly accessible electric powered flights between the Netherlands, Belgium […]
