As previously reported, the facility is expected to produce 736 million bpy of renewable diesel. (Source: Marathon, PR, May, 2021)Contact: Marathon Petroleum Corp., 419.422.2121, www.marathonpetroleum.com
More Low-Carbon Energy News Marathon, Renewable Diesel,
CVR is also exploring renewable diesel production at its 132,000 barrel-per-day Coffeyville, Oklahoma, refinery and the possibility of using biomass as a feedstock for its renewable projects. (Source: CVR, PR, Website, Reuters, 3 May, 2021)Contact: CVR Energy Inc., David Lamp., CEO, (281) 207-3200, www.cvrenergy.com
More Low-Carbon Energy News CVR Energy, Renewable Diesel,
The parties were the main participants in SOLVit, an eight-year research and development program that started back in 2008. The NOK 317 million ($38.2 million) program was partially funded by Gassnova and Akerand was one of the biggest of its kind in the CCS industry.
(Source: Aker Carbon Capture, PR, 4 May, 2021) Contact: Aker Carbon Capture, Jim Stian Olsen, CTO
Fredrik Berge, Inv. Relations, +47 22 94 62 19, firstname.lastname@example.org, www.akersolutions.com;
SINTEF, Alexandra Bech Gjorv, CEO, www.sintef.no
More Low-Carbon Energy News Aker Carbon Capture, SINTEF, CCS,
Munich Airport is also pursuing an ambitious climate protection strategy for reducing CO2 emissions and operating the airport in a CO2-neutral manner by 2030. To that end, the airport will invest €150 million by 2030 to cut all CO2 emissions to net-zero by 2050. (Source: Munich Airport, Initiatives, May 2021) Contact: Munich Airport, www.munich-airport.com
More Low-Carbon Energy News sustainable aviation fuels,
The EU Emissions Trading System (U ETS), which is designed to put a cost on carbon dioxide for some of the most highly polluting industries ranging from power generation, cement production to aviation, has rallied more than 50 pct since the start of the year. (Source: Various Media, 4 Apr., 2021)
More Low-Carbon Energy News EU ETS, Carbon Price,
Power from the two wind farms will supply sufficient electricity for roughly 15 pct of So Energy's 250,000 customers.
(Source: So Energy, PR, renews, 4 May, 2021) Contact: So Energy , www.soenergy.com; Ventient Energy, +44 131 243 1380, www.ventientenergy.com
More Low-Carbon Energy News Ventient Energy,
REGI estimates the offering will net approximately $489 million, which will be used to finance or refinance, in part or in full, new and/or existing eligible green projects, including the expansion of its Geismar, Louisiana biorefinery.
Renewable Energy Group, Inc. is leading the energy industry's transition to sustainability by transforming renewable resources into high-quality, cleaner fuels. REG is an international producer of cleaner fuels and one of North America's largest producers of advanced biodiesel. REG solutions are alternatives for petroleum diesel and produce significantly lower carbon emissions. The company utilizes an integrated procurement, distribution and logistics network to operate 12 biorefineries in the U.S. and Europe. In 2020, REGI produced 519 million gallons of cleaner fuel delivering 4.2 million metric tons of carbon reduction, according to the release.
(Source: Renewable Energy Group, Inc. Website PR, 4 May, 2021)
Contact: Renewable Energy Group, Todd Robinson
Deputy CFO, (515) 239-8048, email@example.com, www.regi.com
More Low-Carbon Energy News Renewable Energy Group news, REGI news, Biofuel news, Ethanol news,
The order includes Alfa Laval high-speed separators and various compact heat exchangers along with other equipment, engineering, and services to provide a pre-treatment processing line to remove contaminants from fats and oil feedstock prior to the conversion to renewable diesel and SAF. Delivery is scheduled for 2022. (Source: Alfa Laval, PR, Website, May., 2021) Contact: Alfa Laval, +46 46 36 65 10, www.alfalaval.com
More Low-Carbon Energy News Alfa Laval, SAF,
Cubico Sustainable Investments is a global renewable energy investor with more than 4GW of energy capacity across 12 countries in Europe, the Americas and Oceania. (Source: Cubico Sustainable Investments, PR, Website, Power Technology, 30 Apr., 2021) Contact: Cubic Sustainable Investments, Matt Boss, www.cubicoinvest.com; Peel NRE, Rob Tate, Dir. Dev., www.peellandp.co.ok
More Low-Carbon Energy News Peel Cubico Renewables, Wind, Solar,
The industry estimates over 33 Petajoules (PJ) of landfill derived RNG can be generated in Canada, potentially supplying energy to approximately 400,000 homes for a year. Canada has over 10,000 landfill sites, generating approximately 30 Megatonnes (Mt) of carbon dioxide equivalent (CO2e) annually, accounting for 20 percent of national methane emissions, according to the release.
(Source: Enbridge Inc., Website, PR, Greenlane, 28 Apr., 2021) Contact: Enbridge, Leanne McNaughton,
firstname.lastname@example.org, www.enbridge.com; Comcor Environmental Limited, www.comor.com; Walker Industries, www.walkerind.com
More Low-Carbon Energy News RNG, Enbridge,
In March, Nest hired Octopus Renewables to help invest £250 million of UK defined-contribution pension capital in clean-energy infrastructure this year.
Nest, which manages £16 billion of assets from the UK's auto-enrolment scheme is aiming to invest £1.4 billion in the European renewables sector by the end of the decade. (Source: Octopus Renewables, PR, IP&E, 28 Apr., 2021) Contact: Nest, www.nestpensions.org.uk;
Copenhagen Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, email@example.com, www.cip.dk
More Low-Carbon Energy News Octopus Renewables, Biomass, UK Biomass, Copenhagen Infrastructure Partners ,
Neste expects the project to be completed in the second half of 2023. This extends Neste's growing footprint in the Netherlands and demonstrates the shared sustainability ambitions of Neste, the Dutch government, and the Port of Rotterdam in particular. Together with the company's ongoing Singapore refinery expansion, Neste will have the capacity to produce 1.5 million tons of sustainable aviation fuel annually by the end of 2023. Currently Neste's sustainable aviation fuel annual production capacity is 100,000 tons. Neste MY Sustainable Aviation Fuel™ in neat form and over the life cycle, reduces greenhouse gas emissions up to 80 pct compared to fossil jet fuel.
Neste's revenue in 2020 stood at €11.8 billion, with 94 pct of the company's comparable operating profit coming from renewable products, according to the release. (Source: Neste, PR, Website, 29 April 2021) Contact: Neste, Thorsten Lange, Executive VP Renewable Aviation, Matti Lehmus, Executive VP Renewables Platform, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News SAF, Sustainable Aviation Fuel, Neste,
The South Korean government is calling for the reduction of annual greenhouse gas emissions to 536 million tons by 2030. (Source: LG Chem, PR, AJU, 29 Apr., 2021)
Contact: Korea Institute of Science and Technology, +82 2-958-5114, www.kist_school.kist.re.kr;
LG Chem, +82 (2) 3773-6951, firstname.lastname@example.org, www.lgchem.com
More Low-Carbon Energy News CCU, LG Chem, Korea Institute of Science and Technology ,
The oil was carbon neutral across the full life of the field, including exploration, development, and Scope 1 and 2 emissions from production. In order to supply a fully carbon neutral with residual emissions of 2,302 tons of CO2 compensated through a nature-based carbon capture project certified by the Verified Carbon Standard. The trade was independently certified as carbon neutral by Intertek under its CarbonZero standard, according to the company. The company added that it will produce every barrel as carbon neutral from 2025.
(Source: Lundin Energy, Rigzone Contact: Lundin Energy, Nick Walker, Pres., CEO , +46 8 440 54 50,
Fax +46 8 440 54 59, www.lundin-energy.com
More Low-Carbon Energy News Lundin Energy,
To that end, VW is working to decarbonise its production and supply chains and has pledged that all its plants except for those in China will be powered purely by 'green' electricity by 2030. The auto giant is also introducing more sustainable components into the construction of its vehicles and says that CO2 emissions will now be a key criterion when awarding contracts to suppliers.
VW also aims to increase its share of EV sales to 70 pct of its European sales and 50 pct of its U.S. and China sales by 2030
The firm is also pushing to develop its battery recycling operation and intends to recycle more than 90 pct of the raw materials used in its batteries in the future. (Source: Volkswagen, PR, AutoCar, 27 Apr., 2021)
More Low-Carbon Energy News Carbon Emissions, Carbon Neutral, Volkswagen,
The companies will jointly explore opportunities to scale up ETB's unique single-stage process to produce bio-based 1,3-butadiene from ethanol using polyfunctional catalyst technology. The collaboration will initially focus on demonstrating the viability of sustainable ethanol-based synthetic rubber in support of green tire production.
Trinseo is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber with a focus on delivering innovative, sustainable, and value-creating products.
ETB Global B.V. is developing unique catalysts for new sustainable & bio-based processes, drawing on over 100 years of experience and knowledge in the fossil-based petrochemical industry and catalysis. ETB aims to change the environmental footprint of the rubber and plastic products.
(Source: Trinseo, PR, 27 Apr., 2021)
Contact: Trinseo, Marjolein Groeneweg, +49 6196 969 3124,
ETB , Vladimir Trembovolsky , CEO, +31 657 881232, email@example.com, www.etbcat.com
More Low-Carbon Energy News Ethanol, Butadiene,
New York City's Consumer Protection Law prohibits "any deceptive or unconscionable trade practice in the sale -- or in the offering for sale -- of any consumer goods or services." Deceptive practices are defined as, "any false, falsely disparaging, or misleading oral or written statement, visual description or other representation of any kind made in the connection with the sale -- or in connection with the offering for sale -- of consumer goods or services which has the capacity, tendency or effect of deceiving or misleading consumers."
The NYC suit alleges fossil fuel companies are misrepresenting the environmental benefits of the various fossil fuel products they sell and promote as "environmentally beneficial" while "omitting any mention of the products' role in aggravating climate change." NYC also alleged the fossil fuel companies "have worked tirelessly to "greenwash" their corporate brands and reputations to portray themselves as leaders in the fight against climate change, even though their products are the primary driver in causing it. (Source: City of New York, Global Advertising Lawyers Alliance, PR, 23 Apr., 2021)
More Low-Carbon Energy News Greenwashing, Climate Change, Carbon Emissions, NYC, ExxonMobil, American Petroleum Institute , BP,
Through the provable "burning" of MCO2 tokens (via UNISWAP), ORDAM created the world's first carbon neural crypto asset offering. For every Bitcoin owned, ORDAM will buy and "plants" MCO2 tokens, offsetting carbon emissions.
ORDAM is the first asset management company to offer carbon offsetting globally. (Source: MOSS, ORDAM, PR, 27 Apr., 2021) Contact:
MOSS, www.moss.earth/en/home; One River Digital Asset Management, (203) 489-1440 , firstname.lastname@example.org, www.oneriveram.com/digital-assets-strategies
More Low-Carbon Energy News Carbon Offset, Carbon Credits,
Renewable fuel (D6) credits for 2021 traded up from $1.44 to $1.50 each and biomass-based (D4) credits traded at $1.58 each, up from $1.52 previously -- highest since Reuters began reporting data for renewable fuel credits in 2013 and biomass-based credits in 2014.
The credits, known as RINs, rose at the same time that the U.S. Supreme Court on Tuesday was hearing oral arguments for a case involving the U.S. Renewable Fuel Standard, which requires refiners to blend biofuels into their fuel mix each year or buy RINs from those that do. The Supreme Court's decision around the case will likely heavily influence the future of the RFS.
As previously noted, "hardship waivers" were intended for refineries producing 75,000 bpd or less and suffered "disproportionate economic hardship" from the costs of RFS compliance. The waiver frees the refineries from an obligation to provide the EPA with biofuels credits proving compliance. Under the now vanquished administrator Greg Pruitt's direction, the EPA handed out 54 exemptions over two years and not a single request for an exemption was denied.Under the U.S. Renewable Fuel Standard, the nation's oil refineries are required to blend billions of gallons of biofuels such as ethanol into the fuel or buy credits from those that do. But the EPA can waive their obligations if they prove compliance would cause them financial distress. (Source: Various Media, Reuters, 27 Apr., 2021)
More Low-Carbon Energy News Renewable Fuels Standard,
TTP's trial runs until September in collaboration with other partners and is being undertaken with a view to the regular use of biodiesel fuel in international maritime transport.
In addition to this trial, Toyota Tsusho Petroleum is also supplying biofuel produced in Europe and sold by Netherlands-based biofuel producer GoodFuels for foreign ships at the Port of Singapore. (Source: Toyota Tsusho, PR, Apr., 2021) Contact: Toyota Tsusho, www.toyota-tsusho.com/english; GoodFuels, Bart Hellings, CEO, EPS , Cyril Ducau, CEO, +31 88 021 5100, email@example.com, www.goodfuels.com
More Low-Carbon Energy News Biodiesel, Toyota Tsusho, GoodFuels, Biofuel, Marine Biofuel, Maritime Biofuel ,
According the CEC, China's major power companies invested roughly $20.6 billion in increased power generation capacity in Q1, 91 pct of which went to non-fossil fuel power generation. The CEC noted that China's newly installed power generation capacity will reach around 180 million kilowatts in 2021, of which about 140 million kilowatts of non-fossil energy power generation capacity will be put into operation.
China's installed capacity of coal power generation stood at 1.09 billion kilowatts at the end of March. The proportion of the total installed capacity fell below half for the first time since the end of 2020, before further dropping to 48.8 pct at the end of March this year, according to the CEC.
China ranked first in the world in newly installed wind capacity amid efforts to pursue greener development in 2020, the NEA data showed. Besides wind energy, the country is also a global leader in the production and use of solar energy and hydropower, among others.
As previously reported, China pledged to reach the CO2 emissions peak before 2030 and achieve carbon neutrality before 2060. (Source: China Electricity Council, PR, Website, Apr., 2021)
Contact: China Electricity Council, english.cec.org.cn
More Low-Carbon Energy News China Electricity Council, Coal, Renewable Energy,
According to the IAG release, "with the right policy in place in the next ten years up to 14 plants could be built across the UK, creating 6,500 jobs and saving 3.6 million tpy of CO2." (Source: International Airlines Group, Website, PR, Apr., 2021)
Contact: International Airlines Group, Luis Gallego, CEO, www.iairgroup.com
More Low-Carbon Energy News SAF, Sustainable Aviation Fuel, International Airlines Group,
The EU has also committed to cutting net greenhouse gas emissions by at least 55 pct by 2030 from 1990 levels and to be the first climate neutral continent by 2050. (Source: European Investment Bank, 23 Apr., 2021)Contact: European Investment Bank, www.eib.org
More Low-Carbon Energy News European Investment Bank, Renewable Energy,
The €3.4 billion package also includes €700 million for sustainable transport, €720 million for corporate research, innovation and business investment, and €837 million for urban investment, housing, education and communications.
The EU has committed to cutting net greenhouse gas emissions by at least 55 pct by 2030 from 1990 levels and the first climate neutral continent by 2050. (Source: European Invstment Bank, 23 Apr., 2021)Contact: European Investment Bank, www.eib.org
More Low-Carbon Energy News European Investment Bank, Renewable Energy,
ITPEnergised, supported by local and international experts, considered wave energy and other ocean energy options as well fixed offshore, floating offshore wind and ocean thermal energy conversion projects from a technical, environmental and logistical perspective as well local supply chain, connectivity to the electricity grid, tourism impact and various financial and other considerations to determine the practicality of these technologies in Barbados.
After reviewing 16 possible ocean energy project sits the report concluded wave and ocean energy was not suitable for Barbados due to the level of "commercial-scale un-readiness" and recommended development of fixed and floating offshore wind turbine systems located off the island's north coast.
(Source: Barbados Ministry of Energy, Small Business and Entrepreneurship, Jamaica leaner, 24 Apr., 2021)
Contact: ITPEnergised, +44 (0) 20 7081 2846,
firstname.lastname@example.org, www.itpenergised.com; Barbados Ministry of Energy, Small Business and Entrepreneurship, www.commerce.gov.bb
More Low-Carbon Energy News Barbados, Renewable Energy, Wave Energy,
The plants, which would have a combined 700 MW capacity, will be located near Austin where affiliate Samsung Electronics Co Ltd has a chip factory and is considering construction of a second plant.
Construction of the solar plants will begin in June 2022. (Source: Samsung C&T Corp, PR, Reuters, 19 Apr., 2021)
Contact: Samsung C&T Corp., www.samsungcnt.com/eng
More Low-Carbon Energy News Samsung, Solar,
When fully developed, SCS will have an infrastructure network capable of capturing and permanently storing more than 10 million tpy of CO2 -- equivalent to removing 2 million cars off the road per year. The company has already secured binding agreements with a select group of leading biorefiners located in Iowa, Minnesota, South Dakota and North Dakota to partner with SCS for CO2 offtake.
Tiger Infrastructure Partners is a middle-market private equity firm that invests in growing infrastructure platforms in communications, energy transition, transportation, and related sectors, primarily in North America and Europe.
Summit Agricultural Group is a diversified agribusiness operator and investment manager with operations in the United States and Brazil. Summit deploys capital across the agricultural supply chain with a particular focus at the intersection of agriculture and renewable energy.
(Source: Tiger Infrastructure Partners, PR, Apr., 2021) Contact: Summit Carbon Solutions, Bruce Rastetter, CEO, www.summitcarbonsolutions.com; Tiger Infrastructure, Emil W. Henry, CEO, www.tigerinfrastructure.com
More Low-Carbon Energy News Summit Carbon Solutions, CCS,
The report identifies scenarios, assumptions, and related strategies -- including transitioning to zero emission vehicles, accelerating the use of alternative fuel sources, and reducing vehicle miles traveled -- tools, options, tradeoffs and benefits for areas where action can be taken now, as well as where additional actions, targets, policies, research and technology development are needed in the medium and longer term. The policy options outlined in the study, when combined, could lead to a zero-carbon transportation system by 2045, while also improving equity, health, and the economy.
Download the Driving California's Transportation Emissions to Zero report HERE. (Source: University of California Institute of Transportation Studies, Apr., 2021) Contact: University of California Institute of Transportation Studies, www.ucits.org
More Low-Carbon Energy News Transportation Emissions,
FLSmidth provides sustainable productivity to the global mining and cement industries. We deliver market-leading engineering, equipment and service solutions that enable our customers to improve performance, drive down costs and reduce environmental impact, according to the company website. (Source: FLSmidth A/S, PR, 22 Apr., 2021) Contact: FLSmidth, Nicolai Mauritzen, Investor Relations, +45 30 93 18 51, email@example.com, www.flsmidth.com/MissionZero; HeidelbergCement, Dr. Bernd Scheifele, CEO, Jan Theulen, Director Alternative Resources, www.heidelbergcement.com
More Low-Carbon Energy News CCS, Heidelberg Cement,
"By announcing a bold target of cutting emissions 50-52 pct below 2005 levels by the end of the decade, President Biden has met the moment and the urgency that the climate crisis demands. The message from the White House is clear: The U.S. is ready to go all-in to beat the climate crisis. This target aligns with what the science says is necessary to put the world on the path to a safer climate, and vaults the U.S. into the top tier of world leaders on climate ambition. And it's backed up by numerous analyses demonstrating that it can be met through multiple pathways using existing technologies.
"For four years, the world wondered what's going on with the U.S. Now they're going to have to race to keep up. With this ambitious and credible target, the U.S. has joined the EU and UK at the top of the global league table, recaptured a leadership role on climate -- and positioned itself to push for greater global ambition in the lead up to COP26 in Glasgow. Now it's time for other major emitters to follow suit and commit to deeper reductions in their own emissions over this next decisive decade.
"Going bold on climate will help America create the jobs of the future. By taking swift action to invest in clean industries and technologies, the United States can supercharge its competitiveness in the global clean energy economy. Leading businesses and investors already know this: That's why over 400 of them called on the administration to cut emissions at least 50 pct by 2030.
"With this target in place, there's not a moment to lose to start achieving it with a whole-of-government approach that leverages action from the White House and Congress. The Biden administration can jump-start progress by putting in place critical clean air and climate protections under existing law and by working with Congress to enact transformative investments in the American Jobs Plan. These measures can support millions of good-paying union jobs and improve air quality for low-income communities and communities of color that have borne and continue to bear a disproportionate share of harmful pollution.
"Critical near-term actions are available in three sectors: power, transportation, and methane from oil and gas. A key step toward meeting the 2030 target is an enforceable Clean Electricity Standard for the power sector that ensures reductions of 80 pct below 2005 by the end of the decade. With transportation as the largest source of climate pollution in the U.S. as well as a significant source of air pollution, electrifying cars, trucks and buses will be essential. And as the administration takes aggressive action to cut carbon emissions, it must also double down on actions to reduce methane -- the most immediate opportunity the world has to reduce warming now. As the world's largest oil and gas producer, the U.S. has both an opportunity and responsibility to take swift action to reduce oil and gas methane pollution here at home and be a leader in catalyzing international action on this global problem.
"As the administration implements a whole-of-government approach to meet this target, it should ensure that policies expand access to economic opportunity, reduce exposure to harmful air pollution and empower American workers in every community.
"We look forward to working with the administration, Congress, state and local leaders, businesses and advocates to help turn this bold commitment into strong policy action that delivers." (Source: Environmental Defense Fund, PR, 22 Apr., 2021) Contact: EDF
Nathaniel Keohane, Senior VP for Climate, www.edf.org
More Low-Carbon Energy News Paris Climate Agreement, GHG, Greenhouse Gas, Carbon Emissions, Climate Change,
Initially, the artificial island will be roughly the size of 18 soccer fields and will be capable of producing and storing 3 gigawatts of electricity scalable up to 10 gigawatts -- nearly one-and-a-half times Denmark's current energy needs.
The North Sea energy island is expected make a significant contribution to the future build-out of Denmark's large-scale offshore wind resources, overall energy infrastructure and to Europe's transition to to green economy, according to the release.
To date, Orsted has constructed more than 25 offshore wind farms and 17 offshore transmission systems worldwide. ATP has more than 5.3 million members with funds totaling DKK 960 billion ($155 billion). (Source: ATP, PR, Website, 22 Apr., 2021)
Contact: Orsted, Allan Bodskov Andersen, IR, +45 99 55 79 96, firstname.lastname@example.org, www.orsted.dk; ATP, Bo Foged, CEO , Stephan Ghisler-Solvang, Media,
+45 61 22 93 92, email@example.com, www.atp.dk
More Low-Carbon Energy News Orsted, Offshore Wind, Green Hydrogen,
The first of 50 Installations are underway through PEA's Solar Savings Grant Program that covers two-thirds of the total solar installation cost, with the remainder provided through a low-cost loan.
The Solar Savings Grant Program is a part of Solarize Philly, a citywide program to help all Philadelphians go solar. Nearly 6,500 Philadelphia homeowners have expressed interest in the program, over 750 homes have gone solar, and over $12MM has been invested in communities across the city since the program launched in 2017. Solarize Philly is the largest initiative of its kind in the country.
The Solar Savings Grant Program was made possible with support from Solarize Philly, the Pennsylvania Housing Finance Agency, Solar States, Centennial Parkside Community Development Corporation, the William Penn Foundation, Spark Therapeutics, and the National Energy Improvement Fund. (Source: Solarize Philly, PR, 22 Apr., 2021) Contact: Philadelphia Energy Authority, 215.686.4483; Solarize Philly Program, (215) 686-4483, firstname.lastname@example.org, www.solarizephilly.org
More Low-Carbon Energy News Solarize Philly , Solar, Philadelphia Energy Authority ,
With the pandemic's expected decline, energy demand is booming in the developing world, with a rise of 3.4 pct predicted for this year -- this contrasts with richer economies, where overall energy use is expected to still be 3 pct below 2019.
In the places where energy demand is growing, coal is playing a key role although overall global use of coal declined by around 4 pct in 2020, it is expected to rise by 4.5 pct this year, mainly in Asia where China is expected to account for more than half of the global growth in coal consumption this year.
In the US and EU, the demand for coal is expected to rise -- although it will likely remain below 2019 levels -- and is likely to be close to the global peak seen in 2014.
Download the IEA Global Energy Review 2021 report HERE
(Source: IEA, PR, Apr., 2021) Contact: IEA, Fatih Birol, Exec. Dir., www.iea.org
More Low-Carbon Energy News International Energy Agency, Carbon Emissions,
Grant awards of up to $20,000 are available for the preservation and reuse of historic buildings that serve as civic, cultural, or economic hubs for Maine communities. All proposed projects must be for non-profit owned historic buildings listed or declared eligible for the National Register of Historic Places or contributing buildings within a federally designated historic district.
Grant application deadline is June 1, 2021. (Source: Maine Community Foundation, PR, PenBayPilot, 20 Apr., 2021) Contact: Maine Community Foundation, 207-667-9735, www.mainecf.org
More Low-Carbon Energy News Energy Efficiency,
Amyris will not receive any proceeds from the sale of shares in the secondary offering by the selling stockholders. The gross proceeds from the offering to Amyris, before deducting the underwriting discount and commissions and estimated offering expenses, and assuming no exercise of the underwriters' option to purchase additional shares, are expected to be approximately $120.6 million. J.P. Morgan Securities LLC and Cowen and Company, LLC are acting as the joint bookrunning managers for the offering.
Amyris delivers high-performance alternatives to petroleum, plant and animal-based products across a wide range of consumer and industry segments (Source: Amyris, Inc., PR 9 Apr., 2021)
In other Amyris, Inc. news, the company has executed a binding term sheet for the acquisition of Gen Z-focused beauty brand, EcoFabulous Cosmetics (EcoFabulous). The acquisition furthers Amyris's growth and market leadership in clean beauty and complements Amyris's family of consumer brands, consisting of Biossance®, Pipette®, Rose Inc., JVN, Terasana, and Costa Brazil. (Source: Amyris, PR, 15 Apr., 2021) Contact: Amyris, Inc., Paul Vincent, Vice President, Strategic Finance and Treasury, Amyris, Inc., (510) 450-0761, email@example.com; Peter DeNardo, Investor Relations Consultant, firstname.lastname@example.org; Beth Bannerman, Chief Engagement & Sustainability Officer, (510) 914-0022, email@example.com, www.amyris.com
More Low-Carbon Energy News Amyris,
The report recommends pairing grid-scale solar arrays with battery storage to help reduce carbon emissions and increase grid resilience. One way to catalyze this would be to set a state energy storage capacity target, as seven other states have done. There are currently about 1.5 gigawatts (GW) of energy storage capacity in the state. This represents 22 operational or announced energy storage projects, including traditional pumped hydro storage facilities (1.07 GW), lithium-ion batteries (18 megawatts; MW), lead-carbon batteries (12.5 MW), ice and chilled water thermal storage (6 MW), and other technologies providing smaller amounts.
For example, to get 10 pct of electricity from solar energy, the DEP Pennsylvania’s Solar Future Plan recommends increasing in-state solar energy from about 700 MW today to 11 GW by 2030. If 25 pct of this solar target were paired with a target of 1.5 GW of battery storage, Pennsylvania energy customers could save $273 million per year in wholesale energy costs and cut 2.5 million metric tpy of carbon emissions.
The Pennsylvania Energy Storage Assessment recommends 14 other measures to foster energy storage investment and integration, including convening a statewide storage issues forum, designating public funding to accelerate storage deployment, establishing incentive programs for storage projects, and accelerating microgrid deployment at critical facilities. As of February, there were 64 solar-plus-storage projects, totaling more than 2.3 GW, in the Pennsylvania portion of the planning queue of PJM, the wholesale electric regional transmission organization serving all or part of 14 states.
Download the report HERE (Source: Penna., PR, DEP Energy Programs Office MyChessCo, 18 Apr., 2021) Contact: Penna. DEP, www.dep.state.pa.us/Energy/Office
More Low-Carbon Energy News Penna. DEP, Solar+Storage, Solar Energy, Energy Storage,
Power A Clean Future Ohio is a nonpartisan coalition and campaign dedicated to working with local communities to develop equitable clean energy solutions to benefit the well-being of residents, the environment and the economy.
Other cities in the coalition are Lorain, Lakewood, Euclid, Lima, Dayton, Cincinnati, Silverton, Bexley, Reynoldsburg, Lancaster and Athens.
The coalition was launched in February 2020. (Source: Power A Clean Future Ohio, Tribune Chronicle, 18 Apr., 2021)
Contact: Power A Clean Future Ohio, Joe Flarida, Exec. Dir., www.poweracleanfuture.org
More Low-Carbon Energy News Climate Change,
With the purchase, DRAX becomes the world's leading sustainable bioenergy generation and supply company, operating across North America, the UK, Europe and Asia. The purchase of Pinnacle's 11 sites will increase DRAX' operations to 17 pellet plants and development projects and boosts its production capacity to 4.9 million from 2.9 million. DRAX will also gain a terminal in Prince Rupert.
Pinnacle will operate as a subsidiary of DRAX and remain headquartered in British Columbia. (Source: DRAX, PR, Yahoo, 17 Apr., 2021)) Contact: DRAX, Will Gardiner, CEO, +44 (0) 1757 618381, www.drax.com; Pinnacle Renewable Energy, Duncan Davies, CEO, 604.270.9613, 604.270.9914--fax, www.pinnaclepellet.com
More Low-Carbon Energy News DRAX, Woody Biomass, Pinnacle Renewable Energy,
United reports it will be the airline industry's largest single purchaser of SAF. Eco-Skies Alliance inaugural participants, which represent a range of business sectors, include Siemens, Nike, Deloitte, and Takeda Pharmaceuticals.
Download Eco-Skies Alliance details HERE.
(Source: United Airlines, AINonline, 13 Apr., 2021) Contact: United Airlines, Scott Kirby, CEO, www.united.com/ual/en/us/fly/contact/headquarters.html
More Low-Carbon Energy News SAF, Aviation Biofuel, Unitded Airlines ,
The Portfolio includes 33 operating assets comprised of onshore wind (424 MW), solar PV (66 MW), and concentrated solar (50 MW) located throughout Spain. Total cash consideration to be paid for the Portfolio upon closing will be €345 million (Cdn. $520 million) together with the assumption of debt in the amount of €716 million (Cdn.$1,075 million). The acquisition is expected to close in Q3, 2021, subject to regulatory approvals and customary closing conditions. (Source: Northland Power, Website PR, 14 Apr., 2021)Contact: Northland Power, Mike Crawley, CEO, Inc., David Povall, Exec. VP, (416) 962-6262, www.northlandpower.com; Helia Renovables, www.dnb.com/business-directory/companyprofiles.helia_renovables_fcr.17923b9d5b34a27511c140416afe2293.html
More Low-Carbon Energy News Northland Power, Wind, Solar,
Aer Soleir aims to "develop and build best-in-class, large-scale, energy transition projects that will provide material, long-lasting economic benefits to communities across Europe," according to the release.
(Source: Aer Soleir, 547 Energy, PR,Apr., 2021) Contact: Aer Soleir, Andy Kinsella, CEO, www.aersoleir.com; 547 Energy LLC, www.547energy.com
The funds support the significant environmental advantages Meyer Burger's heterojunction technology (HJT) for solar cell production , compared to conventional manufacturing processes. The company notes the establishment of the HJT production lines and the sales organization are progressing as planned and production is expected to start in Q2, this year. (Source: M Meyer Burger, Website PR, Apr. 2021) Contact: Meyer Burger, Gunter Erfurt, CEO, +41 33 221 28 00,
More Low-Carbon Energy News Meyer Burger , Solar,
The turbines are slated for delivery and installation in autumn 2022 for commissioning before the year end.
To date, the Nordex Group has sold turbines totaling more then 700 MW in Poland, of which roughly 240 MW are currently under construction.
Since 1996, VSB has commissioned more than 700 wind and solar photovoltaic plants with a combined installed capacity of approximately 1.1 GW and an investment volume of €1.7 billion. VSB also provides services for around 1.4 GW worth of installed plants. (Source: Nordex, PR, Apr. 2021) Contact: Nordex Group, Jose Luis Blanco, CEO, +49 (0)40 / 300 30 X 1116, www.nordex.com; VSP Group, +48 58 781 42 80, www.vspgroup.com.pl
More Low-Carbon Energy News Nordex, VSP Group, Wind,
GEV provides field blade repair and maintenance services to both onshore and offshore wind farm manufacturers and operators in the UK, Europe and the US.
WPL offers world class blade expertise and machine learning enabled services for all wind farm park owners, irrespective of the number of turbines they operate. The merged organization will operate globally and is backed by Bridges Fund Management, a specialist private equity investor focused on the transition to a more sustainable and inclusive economy. (Source: GEV Wind Power, Website News PR, 13 Apr., 2021) Contact: GEV Wind Power,
David Fletcher, CEO, +44 (0) 1482 300 640, www.cvwindpower.com; Wind Power LabLAB, Mille Beck Klinto, +45 31 32 10 06,
More Low-Carbon Energy News GEV Wind Power, Wind Power Lab , Wind,
The Japanese government is aiming to generate up to 45 GW of renewable power per year by 2040 and to reach carbon neutrality by 2050. (Source: Tokyo Gas Co., PR, reve, 10 Apr., 2021) Contact: Tokyo Gas Co., www.tokyo-gas.co.jp
More Low-Carbon Energy News Tokyo Gas Co., Offshore Wind,
The initiative is in line with the company' s objective to become carbon-neutral by 2050.
CMA CGM Group notes it cut its overall CO2 emissions by 4 pct in 2020 following a 6 pct reduction in 2019, and has also lowered its CO2 emissions per container-kilometer by 49 pct since 2008. With CMA CGM's dual-fuel gas-power technology, it can reduce entire value chain greenhouse gas emissions, including CO2, by at least 67 pct, according to the company release.
(Source: CMA CGM Group, PR, BreakBulk, 10 Apr., 2021) Group Contact: CMA CGM Group Rodolphe Saade, Chairman and CEO, +33 (0)4 88 91 90 00, www.cma-cgm.com
More Low-Carbon Energy News Biomethane, Biogas,
The legislation's advocates say it will drive green jobs and deliver cleaner air and fight climate change while, as expected, opponents claim the legislation will be a big financial hit to homeowners and businesses. (Source: Office of Rhode Island Governor Dan McKee, 10-WJAR, Apr., 2021)
Contact: Rhode Island Gov. Dan McKee, (401) 222-2080,
Fax: (401) 222-8096,
More Low-Carbon Energy News Carbon Emissions, Carbon Neutral,
Honeywell notes its carbon-footprint reduction will continue to be driven through the company's rigorous, end-to-end business operating system. Honeywell's reductions will be reported publicly and third-party verified pursuant to The Greenhouse Gas Protocol. The company's efforts will result in carbon-neutral operations and facilities as it relates to direct emissions (Scope 1) and indirect emissions from electricity and steam (Scope 2). In addition, Honeywell has committed to addressing Scope 3 indirect emissions by enhancing its existing tracking system and partnering with industry leaders to identify and implement best practices while encouraging customers to adopt Honeywell's climate solutions and products.
In 2019, Honeywell set a new "10-10-10" target to reduce global Scope 1 and Scope 2 greenhouse gas emissions intensity by an additional 10 pct from 2018 levels, deploy at least 10 renewable energy opportunities, and achieve certification to ISO's 50001 Energy Management Standard at 10 facilities by 2024. Honeywell also provides: process technology to produce biofuels, building energy savings performance contracts; energy conservation; investing in energy storage solutions such as flow batteries; and technologies to support the decarbonization of residential, commercial, and industrial energy by replacing natural gas with hydrogen.
The company notes it has implemented more than 5,700 sustainability projects since 2010, saving an annualized $100 million in costs.
(Source: Honeywell, Website PR, 8 April, 2021) Contact: Honeywell, www.honeywell.com
More Low-Carbon Energy News Honeywell news, Carbon Emissions news, Carbon Neutral news,