Energy transition

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.

EnergyNet: USAID Administrator Samantha Power to address energy ministers from across sub-Saharan Africa

Retrieved on: 
Monday, March 4, 2024

LONDON, March 4, 2024 /PRNewswire/ -- Administrator Samantha Power will welcome energy ministers and deliver the opening remarks during the Power Africa session 'Accelerating Energy Access: What Will it Take to Accelerate (Just) Energy Access Over the Next 10 Years?'

Key Points: 
  • LONDON, March 4, 2024 /PRNewswire/ -- Administrator Samantha Power will welcome energy ministers and deliver the opening remarks during the Power Africa session 'Accelerating Energy Access: What Will it Take to Accelerate (Just) Energy Access Over the Next 10 Years?'
  • Under the theme 'Capital Flows Underpinning the Energy Transition', the Administrator will address the United States' partnership and commitment over the next ten years and reflect on the successful programs started by Power Africa and its private, development, and interagency partners.
  • Honourable Ibrahim Matola, Minister of Energy, Malawi; His Royal Highness (HRH) Prince Lonkhokhela, Minister of Natural Resources & Energy, Eswatini; H.E.
  • The Powering Africa Summit was first launched in 2014 and brings credible power developers and stakeholders from across Africa to meet investors and solution providers from the United States.

TRC Named One of America's Best Large Employers by Forbes

Retrieved on: 
Wednesday, February 28, 2024

WINDSOR, Conn., Feb. 28, 2024 /PRNewswire-PRWeb/ -- TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, has been named of one of America's Best Large Employers 2024. This award is a testament to TRC's growth over the past 20 years. In 2002, TRC was listed on Forbes 200 Best Small Companies.

Key Points: 
  • TRC Companies, Inc. has been named of one of America's Best Large Employers 2024.
  • WINDSOR, Conn., Feb. 28, 2024 /PRNewswire-PRWeb/ -- TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, has been named of one of America's Best Large Employers 2024.
  • In 2002, TRC was listed on Forbes 200 Best Small Companies.
  • Forbes looked at companies across all industry sectors employing at least 5,000 workers within the U.S.

TRC Named as Global Leader in Technology and Innovation by The Environmental Financial Consulting Group

Retrieved on: 
Monday, February 26, 2024

WINDSOR, Conn., Feb. 26, 2024 /PRNewswire-PRWeb/ -- TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, has been recognized as a leading provider of technology and innovation services according to a recent analysis conducted by The Environmental Financial Consulting Group (EFCG).

Key Points: 
  • WINDSOR, Conn., Feb. 26, 2024 /PRNewswire-PRWeb/ -- TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, has been recognized as a leading provider of technology and innovation services according to a recent analysis conducted by The Environmental Financial Consulting Group (EFCG).
  • We are thrilled that EFCG has recognized TRC's commitment to technology, digitization and innovation," said Chris Vincze, Chairman & CEO at TRC.
  • "We are thrilled that EFCG has recognized TRC's commitment to technology, digitization and innovation," said Chris Vincze, Chairman & CEO at TRC.
  • "As our Digital journey continues to mature, TRC has pivoted to being viewed as a Digital-first organization.