Micro combined heat and power

BACARDÍ® Rum Inaugurates System to Cut Greenhouse Gas Emissions by 50%

Retrieved on: 
Monday, October 2, 2023
Packaging, Retail, Recycling, Manufacturing, Oil, Gas, Alternative Energy, Energy, Professional Services, Environmental, Social and Governance (ESG), Environment, Wine & Spirits, Sustainability, Other Manufacturing, Food, Beverage, Scotch whisky, Wastewater, United Nations Sustainable Development Group, Carbon, CASA, Distillation, Tree, Electricity, Good Spirit Lake Provincial Park, GHG, CHP, WHC, Multimedia, Certification, Micro combined heat and power, Pacific typhoon season, Water, Corporation, Global Sustainability Assessment System, 161st Infantry Regiment (United States), CO2, Corporate responsibility, Tourism, Liquor, Renewable energy, Operation, Bacardi

Bacardi, the largest privately held international spirits company, today celebrates the opening of its new Combined Heat & Power (CHP) system in Puerto Rico which will cut greenhouse gas (GHG) emissions of the iconic BACARDÍ rum brand in half.

Key Points: 
  • Bacardi, the largest privately held international spirits company, today celebrates the opening of its new Combined Heat & Power (CHP) system in Puerto Rico which will cut greenhouse gas (GHG) emissions of the iconic BACARDÍ rum brand in half.
  • Bacardi marked the opening with a ribbon-cutting ceremony at the world’s largest premium rum distillery located in Cataño, Puerto Rico.
  • (Photo: Business Wire)
    The new CHP system replaces heavy fuel oil with propane gas which shifts the site to even cleaner energy.
  • The 50% reduction in BACARDÍ rum’s GHG emissions is a significant step in reducing emissions globally for the family-owned company.

Wood Pellet Fuel Market to Reach $25.5 Billion, Globally, by 2032 at 7.6% CAGR: Allied Market Research

Retrieved on: 
Friday, August 25, 2023
Wood, Chart, Heat, Growth, Micro combined heat and power, PDF, Temperature, CHP, Table, Sawmill, Renewable energy

PORTLAND, Ore, Aug. 25, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Wood Pellet Fuel Market by Feedstock (Forest Waste, Agriculture Waste, Others), by Application (Heating, Power Generation, Combined Heat and Power (CHP), Others), By End-Use (Residential, Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global wood pellet fuel market was valued for $12.3 billion in 2022 and is estimated to reach $25.5 million by 2032, exhibiting a CAGR of 7.6% from 2023 to 2032.

Key Points: 
  • Based on feedstock, the forest waste segment held the highest market share in 2022, accounting for nearly half of the global wood pellet fuel market revenue, and is estimated to maintain its leadership status throughout the forecast period.
  • This is due to forest waste wood pellet such as branches, tops, and other residues from logging operations, can be collected and processed into wood pellets.
  • This can be attributed to the fact that wood pellet stoves and boilers are increasingly popular for residential heating applications.
  • The growth is attributed to the fact that commercial establishments that use wood pellet fuel require storage space for the pellets.

Wood Pellet Fuel Market to Reach $25.5 Billion, Globally, by 2032 at 7.6% CAGR: Allied Market Research

Retrieved on: 
Friday, August 25, 2023
Wood, Chart, Heat, Growth, Micro combined heat and power, PDF, Temperature, CHP, Table, Sawmill, Renewable energy

 PORTLAND, Ore, Aug. 25, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Wood Pellet Fuel Market by Feedstock (Forest Waste, Agriculture Waste, Others), by Application (Heating, Power Generation, Combined Heat and Power (CHP), Others), By End-Use (Residential, Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global wood pellet fuel market was valued for $12.3 billion in 2022 and is estimated to reach $25.5 million by 2032, exhibiting a CAGR of 7.6% from 2023 to 2032.

Key Points: 
  • Based on feedstock, the forest waste segment held the highest market share in 2022, accounting for nearly half of the global wood pellet fuel market revenue, and is estimated to maintain its leadership status throughout the forecast period.
  • This is due to forest waste wood pellet such as branches, tops, and other residues from logging operations, can be collected and processed into wood pellets.
  • This can be attributed to the fact that wood pellet stoves and boilers are increasingly popular for residential heating applications.
  • The growth is attributed to the fact that commercial establishments that use wood pellet fuel require storage space for the pellets.

Bloom Energy Launches Advanced CHP Solution for Net Zero Heating and Cooling

Retrieved on: 
Tuesday, August 1, 2023
Technology, Chemicals, Plastics, Other Energy, Utilities, Manufacturing, Oil, Gas, Batteries, Environmental Health, Energy, Machine Tools, Metalworking & Metallurgy, Environment, HVAC, Other Manufacturing, Green Technology, Petroleum, Hydrofluorocarbon, Energie, Electricity, AG, CHP, Temperature, Carbon, EnBW, Bloom Energy Server, Micro combined heat and power, Steam, HFC, Bloom, Paper, Bloom Energy, Greenhouse, NYSE, Heating, ventilation, and air conditioning, Tissue paper

Bloom Energy (NYSE:BE) is now offering the Bloom Energy Server™ as a Combined Heat and Power (CHP) solution that utilizes a high temperature (>350°C) exhaust stream for industrial steam production and absorption chilling.

Key Points: 
  • Bloom Energy (NYSE:BE) is now offering the Bloom Energy Server™ as a Combined Heat and Power (CHP) solution that utilizes a high temperature (>350°C) exhaust stream for industrial steam production and absorption chilling.
  • Bloom has already signed its first advanced CHP customer in Germany, Geothermie-Gesellschaft Bruchsal GmbH, an affiliated company of EnBW (Energie Baden-Württemberg AG), an energy conglomerate based in Stuttgart.
  • “An optimal CHP solution must have high electrical efficiency, high temperature heat, and high total efficiency,” said Ravi Prasher, Chief Technology Officer, Bloom Energy.
  • With these new CHP capabilities, and greater than 50% electrical efficiency, Bloom Energy can achieve more than 90% combined efficiency and deliver high-temperature heat.”
    The table below highlights the advantages of Bloom’s offering over traditional CHP systems:

EQS-News: 2G Energy AG increases factory output to EUR 81.0 million in Q1 (previous year: EUR 60.2 million)

Retrieved on: 
Saturday, May 27, 2023
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2G Energy AG increases factory output to EUR 81.0 million in Q1 (previous year: EUR 60.2 million)

Key Points: 
  • 2G Energy AG increases factory output to EUR 81.0 million in Q1 (previous year: EUR 60.2 million)
    The issuer is solely responsible for the content of this announcement.
  • 2G Energy AG increases factory output to EUR 81.0 million in Q1 (previous year: EUR 60.2 million)
    Order backlog remains at peak level of around EUR 190 million (previous year: EUR 190 million)
    EBIT at EUR -0.2 million almost at breakeven (previous year: EUR -0.8 million)
    Heek, May 25, 2023 - 2G Energy AG (ISIN DE000A0HL8N9), one of the world’s leading manufacturers of Combined Heat and Power (CHP) systems, boosted sales in the first quarter by 40.8% to EUR 68.5 million (previous year: EUR 48.7 million).
  • EBIT also showed positive growth in the first quarter, approaching breakeven at EUR -0.2 million (previous year: EUR -0.8 million).
  • The shares of 2G Energy (ISIN DE000A0HL8N9) are listed in the “Scale” segment of the Frankfurt Stock Exchange.

Bioenergy Devco Wins The Climate Registry 2023 Innovative Partnership Climate Leadership Award

Retrieved on: 
Monday, May 15, 2023
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ANNAPOLIS, Md., May 15, 2023 /PRNewswire/ -- Bioenergy Devco (BDC),the North American division of BTS Bioenergy, LLC and global leader in the design, engineering, construction, financing and operation of anaerobic digestion facilities to recycle organic material and produce renewable natural gas, has been selected by The Climate Registry for recognition in the Innovative Partnership category of the 2023 Climate Leadership Awards. The award recognizes Bioenergy Devco's partnership with Exelon Corporation, Baltimore Gas & Electric and the Maryland Energy Administration for the interconnection project at the Maryland Bioenergy Center connecting renewable natural gas output from BDC's anaerobic digester directly to the public utility supply.

Key Points: 
  • ANNAPOLIS, Md., May 15, 2023 /PRNewswire/ -- Bioenergy Devco (BDC),the North American division of BTS Bioenergy, LLC and global leader in the design, engineering, construction, financing and operation of anaerobic digestion facilities to recycle organic material and produce renewable natural gas, has been selected by The Climate Registry for recognition in the Innovative Partnership category of the 2023 Climate Leadership Awards.
  • "We are honored to receive this recognition from The Climate Registry for our work on the Maryland Bioenergy Center project," said Shawn Kreloff, CEO of Bioenergy Devco.
  • The Climate Leadership Awards are presented annually by The Climate Registry to recognize businesses, organizations and individuals that have demonstrated exceptional leadership in reducing greenhouse gas emissions and addressing climate change.
  • The Innovative Partnership category recognizes partnerships that have shown outstanding leadership, innovation and impact in advancing climate solutions.

Seamless Integration of Multiple Technologies Necessary for Southeast Asia to Achieve Carbon Neutrality: Black & Veatch

Retrieved on: 
Monday, May 15, 2023
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“A successful and equitable energy transition involves planning for and integrating multiple technologies to ensure that everyone has access to a stable and reasonably priced energy supply.

Key Points: 
  • “A successful and equitable energy transition involves planning for and integrating multiple technologies to ensure that everyone has access to a stable and reasonably priced energy supply.
  • Gas-fired power generation has the quick ramp-up and ramp-down capabilities needed to adapt to changing grid energy demands.
  • A survey conducted by Black & Veatch before the ongoing energy crisis indicates that gas-fired power plants have a future as an investment class in Asia.
  • Black & Veatch is involved in five of the world’s nine FLNG vessels commissioned, in advanced stage of construction or awarded.

Bloom Energy Enters Northern European Markets with New Sales Agreement

Retrieved on: 
Thursday, April 27, 2023
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Bloom Energy (NYSE:BE) has signed an agreement with Elugie to provide a total of 9.75 megawatts (MW) of power from the Bloom Energy Server® at five commercial, industrial and data center sites in Belgium.

Key Points: 
  • Bloom Energy (NYSE:BE) has signed an agreement with Elugie to provide a total of 9.75 megawatts (MW) of power from the Bloom Energy Server® at five commercial, industrial and data center sites in Belgium.
  • Elugie and Bloom are in discussions about deploying additional Bloom energy platforms to sites in the Netherlands and the Baltic nations, comprised of Latvia, Lithuania and Estonia.
  • Elugie is also in discussions with Bloom about the opportunity to deploy the hydrogen-producing Bloom Electrolyzer™.
  • “This is a big win in support of our focus to build international business sales,” said Tim Schweikert, Senior Managing Director of International Business Development, Bloom Energy.

Aroundtown SA announces FY 2022 results with guidance achieved and continued disposals despite challenging environment

Retrieved on: 
Tuesday, March 28, 2023
Lighting, Organic, AFRICA, EV, FY, ICR, AT, Cogeneration, Dow Jones, BREEAM, GCP, Publication, YOY, Certification, Share repurchase, LTV, FFO, Micro combined heat and power, EPRA, Bloomberg, Collection, Gold, Photovoltaics, ESG, YTD, Aroundtown SA, Security (finance), Cryptocurrency, Bank

EPRA NTA including RETT (previously defined as EPRA NTA) per share amounted to €9.8 in 2022, compared to €10.2 in 2021.

Key Points: 
  • EPRA NTA including RETT (previously defined as EPRA NTA) per share amounted to €9.8 in 2022, compared to €10.2 in 2021.
  • Guidance for FY 2022 achieved and guidance for FY 2023 published.
  • Aroundtown (‘the Company’ or ‘AT’) presents the results for the year 2022 achieving the 2022 guidance despite the difficult macroeconomic conditions.
  • Aroundtown achieved disposals in the amount of €1.6 billion in 2022 with a further €150 million so far in 2023.

EQS-News: Aroundtown SA announces FY 2022 results with guidance achieved and continued disposals despite challenging environment

Retrieved on: 
Tuesday, March 28, 2023
Lighting, Organic, AFRICA, EV, FY, ICR, AT, Cogeneration, Dow Jones, BREEAM, GCP, Publication, YOY, Certification, Share repurchase, LTV, FFO, Micro combined heat and power, EPRA, Bloomberg, Collection, Gold, Photovoltaics, ESG, YTD, Aroundtown SA, Security (finance), Cryptocurrency, Bank

EPRA NTA including RETT (previously defined as EPRA NTA) per share amounted to €9.8 in 2022, compared to €10.2 in 2021.

Key Points: 
  • EPRA NTA including RETT (previously defined as EPRA NTA) per share amounted to €9.8 in 2022, compared to €10.2 in 2021.
  • Guidance for FY 2022 achieved and guidance for FY 2023 published.
  • Aroundtown (‘the Company’ or ‘AT’) presents the results for the year 2022 achieving the 2022 guidance despite the difficult macroeconomic conditions.
  • Aroundtown achieved disposals in the amount of €1.6 billion in 2022 with a further €150 million so far in 2023.