Methane

Séché Environnement and Waga Energy start up a RNG production unit in North of France

Retrieved on: 
Mercredi, avril 10, 2024

Séché Environnement, an international player in the circular economy and environmental services, and Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas from landfills, have started up a Renewable Natural Gas (RNG) production unit at the Opal Environnement site, a subsidiary of the Séché Environnement group, in Sainte-Marie-Kerque (Northwestern France).

Key Points: 
  • Séché Environnement, an international player in the circular economy and environmental services, and Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas from landfills, have started up a Renewable Natural Gas (RNG) production unit at the Opal Environnement site, a subsidiary of the Séché Environnement group, in Sainte-Marie-Kerque (Northwestern France).
  • The WAGABOX® unit will significantly increase the landfill energy production, providing energy that will help to decarbonize sectors such as transport and industry – still totally dependent on fossil fuels.
  • Maxime Séché, Chief Executive Officer of Séché Environnement, said: "This RNG production plant illustrates the Séché Environnement group’s commitment to circular economy and ecological transition of territories and industries.
  • Mathieu Lefebvre, Chief Executive Officer of Waga Energy, said: "Thanks to the WAGABOX® technology, the Sainte-Marie-Kerque landfill has become a RNG producer, and now supplies the local community with low-carbon energy.

Waga Energy successfully raises €52 million in an accelerated bookbuild offering

Retrieved on: 
Mercredi, avril 10, 2024

The settlement-delivery of the Offering is expected to occur on March 25, 2024, subject to customary conditions.

Key Points: 
  • The settlement-delivery of the Offering is expected to occur on March 25, 2024, subject to customary conditions.
  • Gross proceeds from the Offering amount to €52 million, and net proceeds amount to approximately €50.2 million.
  • 3,939,394 New Shares will be issued, representing c. 19.2% of the Company’s existing share capital before Offering.
  • By way of illustration, a shareholder holding 1% of the share capital prior to the Offering and which did not participate in the Offering will hold 0.8% after completion of the Offering.

Village Farms International Announces Start Up of Renewable Natural Gas Facility

Retrieved on: 
Mercredi, avril 3, 2024

VANCOUVER, British Columbia and ORLANDO, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced that operations have started at the Delta (British Columbia) Renewable Natural Gas (RNG) production facility, in partnership with Atlanta-based Terreva Renewables (“Terreva”). The Delta RNG facility is the result of Village Farms’ strategic initiative to transition its wholly owned subsidiary, Village Farms Clean Energy, Inc. (“VFCE”), to a more sustainable business model using advanced technologies. The Delta RNG project will immediately contribute incremental cash flow and profitability to Village Farms.

Key Points: 
  • VANCOUVER, British Columbia and ORLANDO, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced that operations have started at the Delta (British Columbia) Renewable Natural Gas (RNG) production facility, in partnership with Atlanta-based Terreva Renewables (“Terreva”).
  • The Delta RNG facility is the result of Village Farms’ strategic initiative to transition its wholly owned subsidiary, Village Farms Clean Energy, Inc. (“VFCE”), to a more sustainable business model using advanced technologies.
  • The Delta RNG project will immediately contribute incremental cash flow and profitability to Village Farms.
  • Leveraging state-of-the-art technologies, the Delta RNG facility purifies and converts landfill (methane) gas that would otherwise escape into the atmosphere to high-demand RNG.

The Breakthrough Institute Endorses the EMIT LESS Act, A Step Toward Reducing Enteric Methane Emissions

Retrieved on: 
Jeudi, mars 28, 2024

Targeting enteric fermentation in livestock production represents an opportunity to curb nearly one-quarter of U.S. methane emissions.

Key Points: 
  • Targeting enteric fermentation in livestock production represents an opportunity to curb nearly one-quarter of U.S. methane emissions.
  • Reducing enteric methane emissions can be both a climate win, and an economic imperative by reducing the cost of cattle feed.
  • The legislation directs the U.S. Department of Agriculture (USDA) to expand domestic capacity to develop and increase the adoption of enteric methane solutions.
  • Furthermore, the bill would make enteric methane reduction products and practices eligible for cost-share under several USDA conservation programs.

Windfall Bio Raises $28 Million Series A to Scale Methane Capture & Transformation Solution

Retrieved on: 
Lundi, avril 8, 2024

Supporting its commercial pipeline, the new capital will enable Windfall to expand pilot deployments across methane intensive industries including agriculture, oil and gas, and waste management.

Key Points: 
  • Supporting its commercial pipeline, the new capital will enable Windfall to expand pilot deployments across methane intensive industries including agriculture, oil and gas, and waste management.
  • Windfall will also invest resources to continue building out its team, manufacturing capacity and supply chain to meet growing global customer demand for methane mitigation solutions.
  • Uniquely, Windfall’s approach can rapidly scale globally across large industries to meaningfully reduce methane emissions,” said Mark Cupta, Managing Director at Prelude Ventures.
  • The Series A funding brings the company’s total fundraising amount to $37 million and further validates the need and promise for its methane mitigation solution across multiple industries.

Ameresco Begins Construction of Biogas Cogeneration Project in Sacramento, California

Retrieved on: 
Lundi, avril 8, 2024

By incorporating the fuel cell system, the project will have exceptional efficiency and reduced pollutant emissions, making it a clean, reliable baseload dispatchable resource.

Key Points: 
  • By incorporating the fuel cell system, the project will have exceptional efficiency and reduced pollutant emissions, making it a clean, reliable baseload dispatchable resource.
  • Additionally, the system will allow for the expandability to produce hydrogen in the future.
  • Through our sustainable efforts in resource recovery, we maximize the reuse of treatment process by-products such as biogas,” shared Christoph Dobson, SacSewer’s General Manager.
  • To learn more about the energy efficiency solutions offered by Ameresco, visit www.ameresco.com/energy-efficiency/ .

Paradigm by Puloli™ Transforms Methane Monitoring with its Solution-as-a-Service (SaaS)

Retrieved on: 
Mardi, avril 9, 2024

The M-Series is a perfect product-market fit for Puloli's networking solution vertically integrated with IoT applications in methane monitoring-as-a-service.

Key Points: 
  • The M-Series is a perfect product-market fit for Puloli's networking solution vertically integrated with IoT applications in methane monitoring-as-a-service.
  • Paradigm uses state-of-the-art TDLAS methane sensors, anemometers, and edge compute devices to guarantee top-quality components for seamless workflow and data collection.
  • Performance expectations are shifting in methane monitoring, and Paradigm by Puloli™ stands at the forefront with its M-Series™.
  • By addressing the industry's pain points, Paradigm has modernized methane monitoring and redefined the standards of accuracy, reliability, and cost-effectiveness.

Rokk Energy Technologies and Northern Smilodon Energy Announce a Strategic Relationship Focused on the Commercial Application of Rokk’s Pad-Free™ Advanced Drilling and Completion System

Retrieved on: 
Lundi, mars 25, 2024

CALGARY, Alberta, March 25, 2024 (GLOBE NEWSWIRE) -- Rokk Energy Technologies (“Rokk”) and Northern Smilodon Energy Inc. (“Northern Smilodon”), both headquartered in Calgary, Alberta, are pleased to announce they have entered into a strategic relationship that is focused on the commercial application of Rokk's Pad-Free™ advanced drilling and completion system.

Key Points: 
  • CALGARY, Alberta, March 25, 2024 (GLOBE NEWSWIRE) -- Rokk Energy Technologies (“Rokk”) and Northern Smilodon Energy Inc. (“Northern Smilodon”), both headquartered in Calgary, Alberta, are pleased to announce they have entered into a strategic relationship that is focused on the commercial application of Rokk's Pad-Free™ advanced drilling and completion system.
  • Rokk’s staff has more than 120 years of experience in design, engineering, and manufacturing of industry-leading drilling and completion technologies.
  • The Pad-Free™ drilling system technology increases ultimate recovery factors while reducing environmental impact and surface location requirements.
  • Karen Stewart, President and CEO of Rokk said, "We are excited by the relationship we have entered into with Northern Smilodon as this will help commercialize our drilling and completion technologies.

Global LNG market could split if an EU carbon tax is imposed on imports

Retrieved on: 
Jeudi, mars 21, 2024

21 March 2024 – The global liquefied natural gas (LNG) market could be transformed and potentially bifurcate if the European Union (EU) extends its carbon taxes to include LNG imports, according to the Wood Mackenzie’s latest Horizons report.

Key Points: 
  • 21 March 2024 – The global liquefied natural gas (LNG) market could be transformed and potentially bifurcate if the European Union (EU) extends its carbon taxes to include LNG imports, according to the Wood Mackenzie’s latest Horizons report.
  • The EU has extended its Emission Trading Scheme (ETS) to shipping, meaning that LNG cargoes into Europe will be subject to a carbon tax from 2024.
  • The report, titled Call of duties: How emission taxes on imports could transform the global LNG market’ concludes that if the trading bloc goes further and tightens it methane regulation or includes LNG in its Carbon Border Adjustment Mechanism (CBAM) – effectively placing an import duty on LNG at prevailing ETS carbon prices – then Wood Mackenzie predicts that the global LNG market would split.
  • “If the EU decides to apply these levies, then this will push European gas prices up but also bifurcate the global LNG market, creating a two-tier LNG market,” says Massimo Di Odoardo, Vice President of Gas & LNG Research at Wood Mackenzie.

Baker Hughes’ Emissions Abatement Technology Enables bp to Achieve Flare Emissions Monitoring Breakthrough

Retrieved on: 
Jeudi, mars 14, 2024

HOUSTON and LONDON, March 14, 2024 (GLOBE NEWSWIRE) --  Baker Hughes (NASDAQ: BKR), an energy technology company, has announced a breakthrough in flare emissions monitoring following a collaboration with bp .

Key Points: 
  • HOUSTON and LONDON, March 14, 2024 (GLOBE NEWSWIRE) --  Baker Hughes (NASDAQ: BKR), an energy technology company, has announced a breakthrough in flare emissions monitoring following a collaboration with bp .
  • Using Baker Hughes’ emissions abatement technology, flare.IQ , bp is quantifying methane emissions from its flares, a new application for the upstream oil and gas sector.
  • With no universally accepted solution to quantifying methane emissions from flares, bp and Baker Hughes conducted one of the largest ever full-scale studies of flare combustion, including testing a range of flares under challenging conditions and verifying the accuracy of flare.IQ technology.
  • Alongside flare.IQ, Baker Hughes has a broad, proven portfolio of emissions abatement technologies capable of improving productivity, efficiency and delivering increased value at scale across customer operations.