Energy transition

EQS-News: ENCAVIS is already presenting today the ‘Supply Solutions’ of tomorrow at the ‘E-world energy & water’ trade fair

Retrieved on: 
Wednesday, March 13, 2024

Commercial property owners and other investor groups, as well as public and municipal utilities, are increasingly looking for green investments.

Key Points: 
  • Commercial property owners and other investor groups, as well as public and municipal utilities, are increasingly looking for green investments.
  • ENCAVIS contributes to the strong expansion of power generation capacities based on Renewable Energies by realising profitable and low-risk projects.
  • The new parks will be operated profitably only on the basis of private contracts, so-called PPAs, without any subsidies.
  • “The Energy Transition, i. e. the transformation of our energy production as a whole, must be a business case.

MHI Selected as Licensor of CO2 Capture Technology for Leading Low Carbon Hydrogen Production Project in Cheshire, UK

Retrieved on: 
Wednesday, March 13, 2024

The project, Hydrogen Production Plant 2 (HPP2), will be constructed at the Stanlow Manufacturing Complex, which hosts one of the UK's leading refineries.

Key Points: 
  • The project, Hydrogen Production Plant 2 (HPP2), will be constructed at the Stanlow Manufacturing Complex, which hosts one of the UK's leading refineries.
  • The project owner is EET Hydrogen, the leading player in low carbon hydrogen production projects in the UK.
  • HPP2 will have an annual hydrogen production capacity of nearly 230,000 tons, which is expected to be the UK's largest-scale low carbon hydrogen plants when it begins operation.
  • HPP2 augments the Hydrogen Production Plant 1 (HPP1) scheduled for construction as part of the large-scale low carbon hydrogen plant infrastructure planned by EET Hydrogen in the HyNet cluster.

Copenhagen Infrastructure Partners announces investments and agreements with LOTTE Chemical Corporation

Retrieved on: 
Tuesday, March 5, 2024

COPENHAGEN, Denmark, March 05, 2024 (GLOBE NEWSWIRE) -- The memorandum of understanding between CIP and LOTTE is intended to support collaboration on clean ammonia projects.

Key Points: 
  • COPENHAGEN, Denmark, March 05, 2024 (GLOBE NEWSWIRE) -- The memorandum of understanding between CIP and LOTTE is intended to support collaboration on clean ammonia projects.
  • CIP and LOTTE also agree to initiate discussions regarding development of and investment in low carbon ammonia projects on a global basis.
  • The two companies also intend to discuss potential collaboration on projects in infrastructure bunkering and other sectors in connection with low carbon ammonia.
  • CEO & Head of Hydrogen Business Group of LOTTE Chemical Corporation JinKoo Hwang said, “We are delighted to cooperate with CIP, a global leader in greenfield renewable energy investments.

Technip Energies Announces Launch of Share Buy-Back Program

Retrieved on: 
Thursday, February 29, 2024

Technip Energies (PARIS:TE) (the “Company”), a leading Engineering & Technology company for the Energy Transition, today announces the launch of a share buy-back program of up to €100 million (the “Share Buy-back Program”), with up to €70 million to be used to purchase common shares for cancellation and up to €30 million to be used to fulfill the Company's obligations under equity compensation plans.

Key Points: 
  • Technip Energies (PARIS:TE) (the “Company”), a leading Engineering & Technology company for the Energy Transition, today announces the launch of a share buy-back program of up to €100 million (the “Share Buy-back Program”), with up to €70 million to be used to purchase common shares for cancellation and up to €30 million to be used to fulfill the Company's obligations under equity compensation plans.
  • The maximum number of shares that can be acquired under the Share Buy-back Program is 5 million shares.
  • Following renewal of the repurchase authorization, share repurchases under the Share Buy-back Program will be carried out pursuant to the authorization granted at the 2024 AGM.
  • The Company is not obligated to carry out the Share Buy-back Program, and, if commenced, the Share Buy-back Program may be suspended or discontinued at any time, for any reason and without previous notice, in accordance with applicable laws and regulations.

Asia Pacific could become a global leader in the energy transition

Retrieved on: 
Wednesday, February 21, 2024

However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition, according to ‘Wood Mackenzie’s Asia Pacific Energy Transition Outlook (ETO)’ report.

Key Points: 
  • However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition, according to ‘Wood Mackenzie’s Asia Pacific Energy Transition Outlook (ETO)’ report.
  • “The Asia Pacific region is the largest power generation and renewables market today, but it’s also the most diverse.
  • By 2050, nearly 50% of the world's new technology opportunities for low carbon emission will be in the Asia Pacific.
  • “Robust carbon pricing, tax incentives, and supportive regulatory regimes are needed to incentivise the transition and close the emissions gap.”
    “The Asia Pacific region is accounting for a third of global oil demand, a quarter of global gas demand, and 80% of global coal demand.

MethaneSAT Now in Orbit after SpaceX Launches Groundbreaking Mission to Protect the Climate

Retrieved on: 
Tuesday, March 5, 2024

Just after 4:00pm Pacific Time today MethaneSAT effectively detached from SpaceX Transporter-10 that carried the emissions monitor into space.

Key Points: 
  • Just after 4:00pm Pacific Time today MethaneSAT effectively detached from SpaceX Transporter-10 that carried the emissions monitor into space.
  • The groundbreaking satellite is designed to help protect the Earth’s climate by accelerating reductions of a powerful greenhouse pollutant, focusing first on oil and gas operations, a major source of methane.
  • MethaneSAT will show us the full scope of the opportunity by tracking emissions to their source.”
    Krupp announced MethaneSAT in a 2018 TED Talk as part of the TED Audacious Project .
  • MethaneSAT was made possible entirely by the support of EDF donors and our partnership with the Government of New Zealand .

Moelis Announces Continued Expansion of its Energy Franchise

Retrieved on: 
Wednesday, February 28, 2024

His arrival further expands the Firm’s offerings and relationships across energy services, upstream, midstream and energy infrastructure, electrification, mobility, sustainability, LNG and natural gas, among other sub-sectors.

Key Points: 
  • His arrival further expands the Firm’s offerings and relationships across energy services, upstream, midstream and energy infrastructure, electrification, mobility, sustainability, LNG and natural gas, among other sub-sectors.
  • Steve most recently served as Vice Chairman and Global Co-Head of Natural Resources and Clean Energy Transition at Citi, where he was responsible for creating and building its Clean Energy Transition business.
  • Prior to Citi, Steve was Vice Chairman and Global Head of Energy at UBS Investment Bank, where he worked with Ken Moelis.
  • Muhammad and Alex each bring over 15 years of energy experience to Moelis and join from Guggenheim where they were Senior Managing Directors in the Energy Investment Banking group.

Galehead Development Hires Dru Steubing as Chief Development Officer

Retrieved on: 
Wednesday, February 21, 2024

Galehead Development , a leading pure-play developer of renewable energy projects, decarbonization technology and Energy Transition infrastructure backed by Macquarie, has announced its hiring of Dru Steubing as Chief Development Officer (CDO).

Key Points: 
  • Galehead Development , a leading pure-play developer of renewable energy projects, decarbonization technology and Energy Transition infrastructure backed by Macquarie, has announced its hiring of Dru Steubing as Chief Development Officer (CDO).
  • With extensive experience developing utility-scale wind, solar, battery storage, and green fuel projects, Mr. Steubing is a powerful addition to the Galehead executive team.
  • His specialized knowledge in greenfield development, project commercialization and building development teams will help Galehead execute its mission to provide development solutions and deliver transformative projects which accelerate the Energy Transition.
  • Mr. Steubing was previously the Vice President of Development at Apex Clean Energy.

Envision Energy Showcased Pioneering Green Hydrogen Solutions at World Smart Energy Week in Tokyo

Retrieved on: 
Wednesday, March 6, 2024

TOKYO, March 6, 2024 /PRNewswire/ -- Envision Energy, a global leader in green technology, showcased its pioneering green hydrogen solutions at World Smart Energy Week held in Tokyo, Japan from February 28 to March 1, bringing pivotal advancements to the green hydrogen value chain.

Key Points: 
  • Envision Energy brings its pioneering Green Hydrogen solution at World Smart Energy Week in Tokyo, Japan, the world's largest-scale exhibition specialized in renewable energy.
  • TOKYO, March 6, 2024 /PRNewswire/ -- Envision Energy, a global leader in green technology, showcased its pioneering green hydrogen solutions at World Smart Energy Week held in Tokyo, Japan from February 28 to March 1, bringing pivotal advancements to the green hydrogen value chain.
  • " said Mr. Frank Yu, Vice President of Envision Energy, "Envision Energy's state-of-the-art technologies and integrated green hydrogen solution aims to address key challenges in the green hydrogen arena, particularly those related to efficiency and the intermittency of renewable energy sources.
  • Envision Energy, the world's leading green hydrogen producer, possesses core technologies in renewable energy, hydrogen production equipment, and net zero industrial parks, targeting for decarbonization at scale with its green hydrogen solution.

Envision Energy Showcased Pioneering Green Hydrogen Solutions at World Smart Energy Week in Tokyo

Retrieved on: 
Wednesday, March 6, 2024

TOKYO, March 6, 2024 /PRNewswire/ -- Envision Energy, a global leader in green technology, showcased its pioneering green hydrogen solutions at World Smart Energy Week held in Tokyo, Japan from February 28 to March 1, bringing pivotal advancements to the green hydrogen value chain.

Key Points: 
  • Envision Energy brings its pioneering Green Hydrogen solution at World Smart Energy Week in Tokyo, Japan, the world's largest-scale exhibition specialized in renewable energy.
  • TOKYO, March 6, 2024 /PRNewswire/ -- Envision Energy, a global leader in green technology, showcased its pioneering green hydrogen solutions at World Smart Energy Week held in Tokyo, Japan from February 28 to March 1, bringing pivotal advancements to the green hydrogen value chain.
  • " said Mr. Frank Yu, Vice President of Envision Energy, "Envision Energy's state-of-the-art technologies and integrated green hydrogen solution aims to address key challenges in the green hydrogen arena, particularly those related to efficiency and the intermittency of renewable energy sources.
  • Envision Energy, the world's leading green hydrogen producer, possesses core technologies in renewable energy, hydrogen production equipment, and net zero industrial parks, targeting for decarbonization at scale with its green hydrogen solution.