Renewable energy

KPMG LLP Survey: Majority of Tax Departments Are Adopting or Exploring Generative AI

Retrieved on: 
Friday, March 15, 2024
Microsoft, Azure, Organization, KPMG, Partnership, Operational technology, AI, Investment, KPMG LLP, Partner, Renewable energy

New York, New York--(Newsfile Corp. - March 15, 2024) - The latest edition of the KPMG LLP " Chief Tax Officer Outlook " revealed a majority of Chief Tax Officers  (CTOs) are already utilizing generative AI (gen AI) in their tax departments or are exploring its potential.

Key Points: 
  • New York, New York--(Newsfile Corp. - March 15, 2024) - The latest edition of the KPMG LLP " Chief Tax Officer Outlook " revealed a majority of Chief Tax Officers  (CTOs) are already utilizing generative AI (gen AI) in their tax departments or are exploring its potential.
  • "The use of advanced tools and technologies has become indispensable for building a resilient tax function," said Rema Serafi , Vice Chair - Tax at KPMG LLP.
  • "Tax departments that embrace generative AI technologies are in a better position to add enhanced value to their teams," said Kevin Jackson, National Managing Partner - Tax, KPMG LLP.
  • The KPMG report is based on insights from 300 Chief Tax Officers leading tax functions at large public and private U.S. companies.

Raychem RPG achieves significant milestone to facilitate faster execution in electricity distribution projects with its 'Make India' initiative

Retrieved on: 
Tuesday, March 19, 2024
TE Connectivity, RPG, Raychem, Certification, CPRI, JV, Central Power Research Institute, KV, Head, Engineering, Vasai, RPG Group, PQ, Operation, Direct lending, Renewable energy

NEW DELHI, Mar 19, 2024 - (ACN Newswire) - Raychem RPG, established in 1989, is a 50:50 joint venture between TE Connectivity, U.S.A., and RPG Enterprises, India.

Key Points: 
  • NEW DELHI, Mar 19, 2024 - (ACN Newswire) - Raychem RPG, established in 1989, is a 50:50 joint venture between TE Connectivity, U.S.A., and RPG Enterprises, India.
  • Raychem RPG is the imprint of a successful Indo-US bilateral relationship that has lasted for nearly four decades, the longest of its kind.
  • This marks a significant milestone and achievement, catapulting Raychem RPG to unprecedented heights within the EHVCA product portfolio.
  • Raychem RPG is the only organisation among its peers to have received the PQ test report following a rigorous process that took over a year to complete.

Mondelēz International’s Near-term 2030 Targets and 2050 Net-Zero Targets Validated by Science Based Targets Initiative

Retrieved on: 
Tuesday, April 9, 2024
Electricity, Science Based Targets initiative, International, ESG, Science, Sustainability, Targets, MDLZ, Renewable energy

CHICAGO, April 09, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) joins the companies leading the journey to net-zero as it announced today that the Science Based Targets initiative (SBTi) has validated its near-term 2030 greenhouse gas reduction targets and its net-zero target by 2050.

Key Points: 
  • CHICAGO, April 09, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) joins the companies leading the journey to net-zero as it announced today that the Science Based Targets initiative (SBTi) has validated its near-term 2030 greenhouse gas reduction targets and its net-zero target by 2050.
  • "We are proud to have SBTi approve our 2030 targets and our 2050 net-zero target as it further strengthens our commitment to more sustainable snacking," said Christine Montenegro McGrath, Chief Impact and Sustainability Officer.
  • "We are on our way toward our net-zero ambition and helping make sustainability a reality.”
    “Our ESG approach is designed to enable us to deliver lasting change at scale by prioritizing where we can have the greatest impact, focusing on innovative and measurable solutions, and collaborating to drive sector-wide transformation,” said Chairman and CEO Dirk van de Put.
  • “We’ve taken an end-to-end approach in our aim to reach our net-zero emissions goal by focusing efforts across key areas and delivering against existing goals.”
    Mondelēz International made significant progress against these goals in 2023, including:
    In 2023, ~48% of the electricity used in our manufacturing sites was renewable, compared to ~40% in 20222
    We are on track for cocoa, palm, soy and paper materials to be deforestation free by the end of this year in the EU and by the end of 2025 globally
    These efforts support the company’s Vision 2030 long-term growth strategy, which includes Sustainability as a critical pillar.

BC Check-Up: Investment climate shows strength in housing construction, but challenges in economic growth and major projects

Retrieved on: 
Tuesday, April 9, 2024
Annual report, LLB, Growth, Chartered, Climate, Bank, Policy, Bank of Canada, FCPA, Government, Population growth, Renewable energy

"Despite these challenges, residential building investment remained strong, particularly in high density units."

Key Points: 
  • "Despite these challenges, residential building investment remained strong, particularly in high density units."
  • Non-residential building investment reached $7.9 billion, up 6.5 per cent from 2022, with a notable increase in investment in institutional and governmental projects, particularly healthcare facilities.
  • However, B.C.’s major project inventory was valued at $373.0 billion in Q3 2023, down 4.2 per cent compared to Q3 2022.
  • Prioritizing a clear strategy towards a balanced budget is essential to maintaining the province’s ability to address future challenges.”

Bimbo Bakeries USA Earns 2024 ENERGY STAR® Partner of the Year Award for the Seventh Year in a Row

Retrieved on: 
Tuesday, April 9, 2024
Electricity, Certification, Climate change, Organization, Grupo Bimbo, Environment, Bimbo Bakeries USA, Sale, Private sector, Senior, EPA, Investment, Natural Resources Canada, Renewable energy

is proud to announce that it has received the 2024 ENERGY STAR Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency.

Key Points: 
  • is proud to announce that it has received the 2024 ENERGY STAR Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency.
  • The 2024 award marks the seventh year in row that the EPA has recognized the Company’s dedication to energy management strategy and leadership in the baking industry.
  • ENERGY STAR award winners lead their industries in the production, sale, and adoption of energy-efficient products, homes, buildings, services, and strategies.
  • Bimbo Bakeries USA was highlighted for its installation of advanced controls and high-efficiency burners in ovens, oxidizers and boilers.

2Blades Receives Congressional Funding to Advance Corn Mycotoxin Research

Retrieved on: 
Tuesday, April 9, 2024
USDA, Congress, Agricultural Research Service, Research, Food security, University, Mycotoxin, Member of Congress, Renewable energy

Evanston, IL, April 09, 2024 (GLOBE NEWSWIRE) -- 2Blades will receive up to $1,000,000 in funding from Congress to further its research on mycotoxigenic fungi in corn at the University of Minnesota – St. Paul.

Key Points: 
  • Evanston, IL, April 09, 2024 (GLOBE NEWSWIRE) -- 2Blades will receive up to $1,000,000 in funding from Congress to further its research on mycotoxigenic fungi in corn at the University of Minnesota – St. Paul.
  • The funding is part of the United States Department of Agriculture, Agricultural Research Service (USDA ARS) FY2024 spending package that was approved by Congress in March.
  • With this funding, 2Blades will be able to enhance its research initiatives at the University of Minnesota – St. Paul, including applying its proprietary technology platforms and resources to identify novel resistance genes against Fusarium and Aspergillus, two of the most significant mycotoxin-producing fungi.
  • The funding from Congress highlights the critical role that governments can play in addressing global challenges such as food security and sustainable agriculture.

Aemetis Allocated $10.5 Million IRA Section 48C Tax Credits by DOE and IRS for Biofuels Plant Efficiency Projects

Retrieved on: 
Tuesday, April 9, 2024
Mechanical, IRA, IRS, Natural gas, Sale, CEC, Biofuel, Carbon, Inflation, Internal Revenue Service, DOE, Mechanical vapor recompression, Average revenue per user, MVR, Renewable energy

The Aemetis Five Year Plan projects that Aemetis will receive a total of $450 million of IRA tax credits to support funding of its renewable fuels projects.

Key Points: 
  • The Aemetis Five Year Plan projects that Aemetis will receive a total of $450 million of IRA tax credits to support funding of its renewable fuels projects.
  • In October 2023, Aemetis completed the sale of $63 million of IRA tax credits to a single buyer and received $55 million in funding.
  • Aemetis was awarded the $10.5 million allocation of transferable tax credits to support the Mechanical Vapor Recompression (MVR) energy efficiency project and other energy efficiency projects at the Aemetis Keyes ethanol production facility in California.
  • The Section 48C tax credits are transferable from project developers to entities with income tax liabilities in order to provide funding to projects.

LIS Technologies Inc. Officially Joins the World Nuclear Association, a Global Advocate for the Nuclear Industry

Retrieved on: 
Tuesday, April 9, 2024
Uranium, Isotope, Growth, WNA, Carbon, LIS, Nuclear energy, Safety, Renewable energy

Figure 1 - LIS Technologies Inc.

Key Points: 
  • Figure 1 - LIS Technologies Inc.
  • Joins the World Nuclear Association (“WNA”)
    The World Nuclear Association’s mission is to promote a wider understanding of nuclear energy among key international influencers by producing authoritative information, developing common industry positions, and contributing to the energy debate.
  • It is the only industry organization with a global mandate to promote nuclear energy and is in a unique position to share and advance best practice and common messages globally.
  • The Association provides a forum for industry collaboration, supports the development of nuclear technologies, and works to ensure high standards of safety and excellence within the nuclear field and is committed to fostering growth and innovation in the nuclear industry, ensuring a clean, secure, and prosperous energy future.

Tango Will Be Carbon Neutral by 2030, According to First Annual Sustainability Report

Retrieved on: 
Tuesday, April 9, 2024
Sustainability studies, Culture, EVP, Environment, ESG, ISSB, Disclosure, Carbon, GRI, Investment, Energy, Ecosystem, Marketing, Renewable energy

DALLAS, April 09, 2024 (GLOBE NEWSWIRE) -- Tango has released its first Sustainability Report for 2023, marking an important step in their sustainability journey.

Key Points: 
  • DALLAS, April 09, 2024 (GLOBE NEWSWIRE) -- Tango has released its first Sustainability Report for 2023, marking an important step in their sustainability journey.
  • In the report, Tango announced their goal of becoming carbon neutral by 2030, setting them apart as a pioneer in the larger ecosystem of real estate technology providers.
  • As a technology service provider, most of Tango’s carbon footprint stems from the products they offer, the IT infrastructure, and the data operations.
  • In addition to their focus on environmental and climate impact, Tango’s Sustainability Report highlights their diverse staff and seamless teamwork as being their most valuable asset.

Greater Sacramento Region Recognized as a National Leader in Equitable Economic Growth by Brookings 2024 Metro Monitor Report

Retrieved on: 
Tuesday, April 9, 2024
Employment, Growth, MSA, California State University, UC, BHC, Entrepreneurship, Poverty, Student, GMP, Samsung, Renewable energy

Sacramento, CA, April 09, 2024 (GLOBE NEWSWIRE) -- The 2024 Brookings Metro Rankings , analyzing 10-year economic performance of the country’s 54 largest metros through five key indicators – growth, prosperity, overall inclusion, racial inclusion and geographic inclusion – highlight the Greater Sacramento region's remarkable economic advancements.

Key Points: 
  • Sacramento, CA, April 09, 2024 (GLOBE NEWSWIRE) -- The 2024 Brookings Metro Rankings , analyzing 10-year economic performance of the country’s 54 largest metros through five key indicators – growth, prosperity, overall inclusion, racial inclusion and geographic inclusion – highlight the Greater Sacramento region's remarkable economic advancements.
  • Notably, the region now boasts the second highest decrease in relative poverty rate in the country (-5%), a testament to the region's improvements in economic equity.
  • Our region stands as a shining exemplar of accessibility and opportunity for everyone and will only continue to lead by example.”
    The Greater Sacramento region is undergoing unprecedented economic momentum.
  • For more information, access the Brookings Metro Monitor Report: https://www.brookings.edu/articles/metro-monitor-2024/