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ION Energy Raises $3.6 Mn (Int'l. Report, Funding)
ION Energy
Date: 2021-07-02
Mumbai, India-based advanced electronics and software specialist ION Energy reports it has raised $3.6 million in Pre-Series A funding. The round was raised from Amazon's Climate Pledge Fund and joined by Silicon Valley-based Climate Capital, and others. The funds will be used to grow the ION team to 125+ (currently 70), invest in product development and expand the software business in North America and Europe.

Founded in 2016, the five-year-old startup is headquartered in India and has operations in France and the U.S. ION's flagship offering is a smart battery management platform (BMS) that leverages proprietary algorithms to improve battery life and performance. (Source: ION Energy, PR, 1 July, 2021) Contact: ION Energy, Akhil Aryan, Co-founder, CEO, +91 98201 02272 www.ionenergy.co

More Low-Carbon Energy News ION Energy,  Battery,  Energy STorage,  


Carbon XPRIZE $7.5Mn Prize Winners Announced (Ind. Report)
Carbon XPRIZE, CarbonCure
Date: 2021-04-21
XPRIZE, the global leader in designing and implementing innovative competition models to solve the world's grandest challenges, reports that CarbonCure Technologies and Las Angeles-based CarbonBuilt Inc. have both won $7.5 million in the $20M NRG COSIA Carbon XPRIZE, a prize that set out to convert CO2 emissions into valuable products and thus help fight climate change.

Halifax, Nova Scotia-headquartered CarbonCure's technology enables the production of concrete with a reduced water and carbon footprint without sacrifice to the material's reliability. Utilizing CarbonCure Technologies system, CO2 is injected into a concrete plant's reclaimer system which contains the water used to wash out concrete trucks and mixers. The CO2 is converted to a permanently embedded mineral with strength-enhancing properties which can then be incorporated into new concrete mixes. CarbonCure is backed by Bill Gates' Breakthrough Energy Ventures, Amazon Climate Pledge Fund and others.

Los Angeles-based UCLA CarbonBuilt Inc. technology reduces the carbon footprint of concrete by more than 50 pct while reducing raw material costs and increasing profitability. The CarbonBuilt concrete formulation significantly decreases the need for ordinary Portland cement while enabling the increased use of low-cost waste materials. During the curing process, CO2 is directly injected from flue gas streams (like power plants or cement factories) into the concrete mixture where it is chemically transformed and permanently stored. Development began at the UCLA Samueli School of Engineering in 2014 with support from private and corporate sponsors, the U.S. DOE and others.

Launched in 2015, the NRG COSIA Carbon XPRIZE was a five-year global competition developed to address rising CO2 emissions by challenging innovators around the world to develop breakthrough technologies that convert the most CO2 into products with the highest net value. (Source: XPRIZE, PR Website, 19 Apr., 2021) Contact: Carbon XPRIZE, www.carbon.xprize.org; CarbonCure, Jennifer Wagner, Pres., (902) 442-4020, www.carboncure.com; CarbonBuilt Inc., info@carbonbuilt.com, www.carbonbuilt.com

More Low-Carbon Energy News Carbon XPRIZE,  Carbon Cure,  Carbon Emissions,  Climate Change,  


Seattle Arena 1.2MW Solar Installation Plan Announced (Ind. Report)
Unico Solar
Date: 2021-03-08
Minnesota-headquartered Excelsior Energy Capital, Seattle-based Unico Solar Investors, Oak View Group and the Seattle Kraken have announced a partnership to equip Seattle's 18,100 seat Climate Pledge Arena with 1.2 MW of onsite solar arrays.

The solar installation is in line with the arena's commitment to net Zero Carbon certification by the International Living Future Institute (ILFI), a leading non-profit organization dedicated to advancing sustainable building practices.

The Seattle Arena installation is part of a 250 MW portfolio of commercial and industrial (C&I) solar projects being developed by Unico Solar and Excelsior across North America. (Source: Unico Solar, PR, Mar., 2021) Contact: International Living Future Institute, www.living-future.org Excelsior Energy Capital, www.excelsiorcapital.com; Unico Solar, (206) 628-5050, www.unicoprop.com/services/real-estate/solar

More Low-Carbon Energy News Unico Solar news,  Solar news,  


Turntide Tech Completes Smart Motor Funding Round (Funding)
Turntide Technologies
Date: 2021-03-05
Sunnyvale, California-based "Smart Motor" startup Turntide Technologies has completed an $80 million funding round that brings its total funding to date to $180 million. Investors include Bill Gates' Breakthrough Energy Ventures, Amazon's Climate Pledge Fund, and others.

The funding will be used to develop a building automation software program -- Riptide IO -- and extend its Building Operation System platform to more buildings, including schools and offices.

The company's Smart Motor System -- the world's most energy-efficient, cost-effective, internet-enabled motors and controls -- has helped reduce energy consumption for clients by an average of 64 pct compared to the conventional electric motors used in home HVAC applications, according to the company. (Source: Turntide Technologies, Website, Fortune, Mar., 2021) Contact: Turntide Technologies, 669-224-4377, www.turntide.com

More Low-Carbon Energy News Energy Management,  Energy Storage,  Energy Efficiency,  


China's 2020 Coal Production Hits Record High (Int'l.)
China National Bureau of Statistics
Date: 2021-01-20
In Beijing, China's National Bureau of Statistics is reporting the country's coal production hit a record high in 2020 despite Beijing's climate change pledge to reduce coal consumption and months-long disruptions at major coal mining hubs.

The world's biggest coal miner and consumer produced 3.84 billion tonnes of coal in 2020. December's coal output was 351.89 million tonnes, up 3.2 tonnes from the same month last year, and up from 347.27 million tonnes in November. (Source: National Bureau of Statistics, Xinhua, Reuters, 18 Jan., 2021)

More Low-Carbon Energy News China Coal,  Coal,  Fossil Fuel,  China Climate Pledge,  


Xi Jinping Reiterates China's Climate Change Position (Int'l.)
China Climate Change
Date: 2020-12-14
Speaking at last week's virtual UN Climate Ambition Summit, Chinese President Xi Jinping reiterated his previously reported Sept. pledge to peak China's carbon dioxide emissions before 2030 and reach carbon neutrality by 2060.

The Chinese President added China, the world's largest GHG emitter, would cut CO2 per unit of GDP by 65 pct by 2030, from a 2005 baseline, and increase its forest stock by six billion cubic meters over the same time-frame. The cuts in carbon intensity are expected to be be achieved through an increased reliance on renewable energy.

The virtual summit -- hosted by the UN alongside the UK, France, Italy and Chile -- was a "launch-pad" event for nations and businesses to announce enhanced climate pledges as part of the Paris Agreement, and marks five years since the landmark treaty was brokered at COP21. (Source: Various Media, 12 Dec., 2020)

More Low-Carbon Energy News COP21,  Paris Climate Agreement,  China Climate Change,  


The Climate Pledge Membership Growing (Int'l. Report)
The Climate Pledge
Date: 2020-09-25
Amazon and Global Optimism are reporting that Best Buy, McKinstry, Real Betis (sports team), Schneider Electric, and Siemens have joined The Climate Pledge, a commitment to be net-zero carbon by 2040 -- a decade ahead of the Paris Climate Accord's goal of 2050.

Climate Pledge members agree to: measure and report greenhouse gas emissions on a regular basis; implement decarbonization strategies in line with the Paris Climate Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies; and to neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially-beneficial offsets to achieve net-zero annual carbon emissions by 2040.

The Climate Pledge was founded in 2019 by Amazon and Global Optimism with a commitment to reach the Paris Climate Agreement 10 years early and be net-zero carbon by 2040. Eleven organizations have now signed The Climate Pledge including: Amazon, Best Buy, Infosys, McKinstry, Mercedes-Benz, Oak View Group, Real Betis, Reckitt Benckiser (RB), Schneider Electric, Siemens, and Verizon. (Source: Amazon,com, PR, 24 Sept., 2020) Contact: The Climate Pledge, www.theclimatepledge.com; Global Optimism, www.globaloptimism.com

More Low-Carbon Energy News The Climate Pledge,  Paris Climate Accord,  Climate Change,  Carbon Emissions,  


Amazon Invests in Climate Technology Startups (Ind. Report)
Amazon, Climate Change
Date: 2020-09-18
Amazon, which pledged to have "net zero" emissions by 2040, has named the first recipients of money from the $2 billion Climate Pledge venture fund it rolled out in June to help companies develop climate friendly technologies. The dollar amounts of the each individual investment have not been announced to the following recipients:
  • CarbonCure Technologies, a firm with technology that sequesters CO2 in concrete. (902) 442-4020, info@carboncure.com, www.carboncure.com

  • Pachama, which provides forest carbon offsets and touts use of machine learning and satellite imagery to measure and verify CO2 removal. info@pachama.com, www.pachama.com

  • Redwood Materials, the battery and electronic waste recycling company launched by Tesla's former chief technology officer. info@redwoodmaterials.com, www.redwoodmaterials.com

  • Turntide Technologies, which provides efficient electric motors. 669-224-4377, www.turntide.com (Source: Amazon, PR, Axios, 17 Sept., 2020) Contact: Amazon, amazon-pr@amazon.com, www.amazon.com/pr

    More Low-Carbon Energy News Amazon,  Climate Change,  Carbon Emissions,  CarbonCure,  


  • Amazon Announces $2 Billion Climate Pledge Fund (Ind. Report)
    Amazon, Climate Change
    Date: 2020-06-24
    Online merchandising giant Amazon has announced an initial $2 billion Climate Pledge Fund to support the development of sustainable technologies and services that will enable Amazon and other companies to meet The Climate Pledge -- a commitment to be net zero carbon by 2040. This dedicated venture investment program will back visionary companies in various industries whose products and services will facilitate the transition to a zero carbon economy.

    Amazon also released its 2019 sustainability report and an update on the company's sustainability goals and programs, including:

  • Amazon announced it's on a path to run on 100 pct renewable energy by 2025, five years ahead of schedule. As part of The Climate Pledge, Amazon previously committed to reach 80 pct renewable energy by 2024 and 100 pct renewable energy by 2030.

  • To date, Amazon has announced 91 renewable energy projects around the globe totaling over 2,900 MW delivering more than 7.6 million MWh of renewable energy annually, enough to power 680,000 U.S. homes.

  • Amazon made two investments from its $100 million Right Now Climate Fund in nature-based solutions and reforestation projects around the world, including a reforestation project in the Appalachians in the U.S. and an urban greening initiative in Berlin, Germany.

  • Since 2015, Amazon has reduced the weight of outbound packaging by 33 pct and eliminated more than 880,000 tons of packaging material, the equivalent of 1.5 billion shipping boxes.

    Details of Amazon's sustainability goals are HERE. (Source: Amazon, PR, June, 2020) Contact: Amazon Inc., Amazon-pr@amazon.com, www.amazon.com/pr

    More Low-Carbon Energy News Climate Pledge,  Climate Change,  Amazon,  Jeff Bezos,  


  • Infosys Takes The Climate Pledge (Int'l., Ind. Report)
    Climate Pledge
    Date: 2020-06-17
    Amazon is reporting Bengaluru, India-headquartered business consultancy Infosys Ltd has signed on to The Climate Pledge.

    The Climate Pledge calls on new signatories to be net zero carbon across their businesses by 2040 -- a decade ahead of the Paris Climate Accord's goal of 2050. It also calls for signatories to measure and report greenhouse gas emissions on a regular basis; implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions and other carbon emission elimination strategies; and neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially-beneficial offsets to achieve net zero annual carbon emissions by 2040.

    Infosys, which is one of the first companies to place an internal price on carbon, has an energy efficiency program that helped reduce its per-capita electricity consumption by 55 pct , and has invested in community-based emission reduction projects to help meet its net zero carbon goal. (Source: Amazon, PR, Business Wire, 16 June, 2020) Contact: Infosys, Salil Parekh, CEO, www.infosys.com; The Climate Pledge, www.theclimatepledge.com

    More Low-Carbon Energy News Climate Pledge news,  Infosys news,  Climate Chnage news,  Carbon Emissions news,  Paris Climate Agreement news,  


    Amazon Launches Chinese Solar Energy Facility (Ind. Report)
    Amazon
    Date: 2020-05-22
    On-line retail juggernaut Amazon is reporting the opening of its first solar energy facility in China. The 100-MW solar project in Shandong is expected to generate 128,000 MWh of power annually.

    The company plans to construct similar facilities in Australia and the U.S. -- Ohio and Virginia -- as part of its Climate Pledge and commitment to be powered by 100 pct renewable energy by 2030.

    Amazon presently has 31 renewable energy facilities and uses power from solar panels on rooftops at 60 fulfillment centers around the world. (Source: Amazon, GeekWire, 21 May, 2020)

    More Low-Carbon Energy News Amazon,  Solar,  


    IBM Climate Change Policy Supports Early Climate Action and Carbon Tax (Opinions, Editorials & Asides)
    IBM
    Date: 2019-12-06
    "IBM has stated for more than a decade that climate change is a serious concern that warrants meaningful action on a global basis. Notwithstanding many important efforts, this remains the case today. The Earth's climate is warmer now than it was before the onset of the modern industrial era, and the increased temperature presents significant adverse risks which cannot be ignored. Greenhouse gases like carbon dioxide fuel this warming. According to scientists, the amount of carbon dioxide in the Earth's atmosphere is now greater than it has been for the last several hundred thousand years. Compounding this circumstance is the fact that carbon dioxide remains in the atmosphere for quite a long time after having been emitted.

    "Some may debate how this happened, but that doesn't change the need to address it. Although our collective use of fossil fuels for energy has enabled remarkable economic development, the use of fossil fuels has also resulted in substantial emissions of carbon dioxide, and the cost of these emissions has not been reflected in the price of energy. As a matter of policy, this should change.

    "IBM is no newcomer to the realm of climate change. In 2017, we reaffirmed our support for the 2015 Paris Agreement to limit global warming to below 2 degrees C above pre-industrial levels. Our commitment to the Paris Agreement builds on a long history of leadership in this space. In 1992 IBM helped the U.S. EPA launch the ENERGY STAR program. In 1994 we began to voluntarily disclose carbon dioxide emissions associated with IBM's consumption of energy and have done so annually now for 26 years. And in 2015, IBM was one of the first signatories to the American Business Act on Climate Pledge to demonstrate our support for the Paris Agreement.

    "Performance is a key measure of commitment. IBM has reduced the carbon dioxide emissions associated with our consumption of energy by 32 pct since 2005. We are on track to achieve our goal of a 40 pct reduction by 2025, a rate consistent with what scientists say is needed to limit warming to between 1.5 and 2.0 degrees C. Energy conservation has been -- and remains -- a key ingredient for this. IBM continues to rigorously conserve energy equal to at least 3 pct of its annual consumption, something we have done for decades. Reducing consumption, when possible, is preferable to purchasing offsets.

    "Responsible companies should also make transparent commitments regarding their consumption of renewable energy. Today, 38 pct of the global electricity IBM consumes comes from renewable sources, and we aim to increase this to 55 pct by 2025. Importantly, IBM does not rely upon the purchase of unbundled Renewable Energy Certificates (RECs) to offset its consumption of electricity from fossil fuels and thereby claim the company is a certain 'percent renewable.' Transparency matters in the transition away from carbon-based fuels, which is why our reporting about the use of renewables reflects our actual physical and matched consumption of renewable electricity.

    "Climate change is real, and that is why IBM supports a responsible plan to tax carbon emissions. It is also why IBM supports the Paris Agreement and is on track as a company to reduce emissions associated with our consumption of energy consistent with what scientists say is needed. And it is why we are making transparent our own use of renewable energy and aiming to increase that use substantially.

    "The enormity of the challenge requires more than business as usual. Putting a price on carbon emissions requires a plan in which economies will keep growing, but in a way that addresses the risks of a changing climate. We believe the Climate Leadership Council plan is the best way to secure agreement for action, and IBM will work to build support for it with elected officials, corporate colleagues, and our fellow citizens." (Source: IBM-The Weather Company (an IBM company), 2 Dec., 2019)

    More Low-Carbon Energy News IBM,  Carbon Tax,  Climate Change,  


    Amazon Announces New Renewable Energy Projects (Ind. Report)
    Amazon
    Date: 2019-12-04
    Online shopping juggernaut Amazon is reporting three new renewable energy projects in the US and Spain that support its Climate Pledge to reach 80 pct renewable energy by 2024, 100 pct renewable energy target by 2030 and net-zero carbon by 2040.

    Amazon's newest renewable energy project in Europe will be the company's first large-scale solar project generating 149 MW near Sevilla. The company's newest renewable energy solar projects in the US will be located in Lee County, Illinois and in Northern Virginia. Together, they total 180 MW and are expected to generate almost 400,000 MWh of renewable energy annually. Once complete, the three new renewable energy solar projects will provide an estimated 329 MW of additional renewable capacity.

    To date, Amazon has launched over 70 renewable energy projects providing more than 1,900 MW and over more than 5.3 million MWh of renewable energy annually. These projects include 21 utility-scale wind and solar farms and more than 50 solar rooftops installed on fulfillment centers and sort centers around the globe. (Source: Amazon, PR, BusinessWire, Dec., 2019)

    More Low-Carbon Energy News Amazon,  Renewable Energy,  Wind,  

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