Energy transition

Strong Start to Resourcing Tomorrow 2023

Retrieved on: 
Wednesday, November 29, 2023

London, United Kingdom--(Newsfile Corp. - November 29, 2023) - Resourcing Tomorrow got off to a great start on Tuesday at the Business Design Centre in London.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - November 29, 2023) - Resourcing Tomorrow got off to a great start on Tuesday at the Business Design Centre in London.
  • It's clear that Resourcing Tomorrow covers a broad spectrum of topics, including commodity and investment discussions, ESG considerations, and insights into the Energy Transition.
  • Resourcing Tomorrow is dedicated to accelerating the energy transition and addressing the challenges of moving towards a cleaner, more sustainable future.
  • The mining industry's commitment and engagement in events like Resourcing Tomorrow are vital for steering the sector towards more sustainable practices and supporting the broader goals of the energy transition.

Top Tier Impact Investment Panel & Dinner: Accelerating the Energy Transition and Decarbonisation during COP28

Retrieved on: 
Tuesday, December 19, 2023

The evening commenced with a welcome by İlkay Demirdag , TTI Head of Global Events, followed by insightful opening remarks by Alessa Berg , Founder and CEO of Top Tier Impact.

Key Points: 
  • The evening commenced with a welcome by İlkay Demirdag , TTI Head of Global Events, followed by insightful opening remarks by Alessa Berg , Founder and CEO of Top Tier Impact.
  • The keynote presentations from David Scott ( Emirates Nuclear Energy Corporation) and Sweta Chakraborty, PhD ( We Don't Have Time , North America CEO) set a thoughtful tone for the discussions ahead in the energy space.
  • The heart of the event unfolded through two substantive panel discussions:
    "Accelerating the Energy Transition" - Moderated by Alessa Berg, this panel delved into the pioneering efforts of Tarkan Ozballar, EnerGreen CEO, in utilizing blockchain for renewable energy investment.
  • Top Tier Impact (TTI) was founded in 2019 by Alessa Berg to create more synergies in the climate and ESG space.

UPDATE: Turntide Technologies Named Energy Transition Changemaker by COP28 UAE Presidency

Retrieved on: 
Monday, December 11, 2023

Sunnyvale, CA, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Turntide Technologies was honored as an Energy Transition Changemaker in the Energy Efficiency category by the COP28 UAE Presidency for its innovative carbon reduction technology for the built environment.

Key Points: 
  • Sunnyvale, CA, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Turntide Technologies was honored as an Energy Transition Changemaker in the Energy Efficiency category by the COP28 UAE Presidency for its innovative carbon reduction technology for the built environment.
  • The Energy Transition Changemaker award is a prestigious acknowledgment of private sector contributions to global decarbonization.
  • Traditional HVAC systems account for 40 percent of a commercial building's energy use, making efficiency updates a critical focus for achieving climate goals.
  • Given the long lifespan of HVAC systems, a motor retrofit can quickly reduce a building's energy footprint.

Turntide Technologies Named Energy Transition Changemaker by COP28 UAE Presidency

Retrieved on: 
Thursday, December 7, 2023

Sunnyvale, CA, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Turntide Technologies was honored as an Energy Transition Changemaker in the Energy Efficiency category by the COP28 UAE Presidency for its innovative carbon reduction technology for the built environment.

Key Points: 
  • Sunnyvale, CA, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Turntide Technologies was honored as an Energy Transition Changemaker in the Energy Efficiency category by the COP28 UAE Presidency for its innovative carbon reduction technology for the built environment.
  • The Energy Transition Changemaker award is a prestigious acknowledgment of private sector contributions to global decarbonization.
  • Traditional HVAC systems account for 40 percent of a commercial building's energy use, making efficiency updates a critical focus for achieving climate goals.
  • Given the long lifespan of HVAC systems, a motor retrofit can be a fast way to reduce a building's energy footprint.

GEIDCO Hosts Thematic Event at COP28

Retrieved on: 
Wednesday, December 6, 2023

Mr. Xin Baoan, Chairman of GEIDCO and Executive Chairman of State Grid Corporation of China (SGCC), attended the event and delivered a welcome speech.

Key Points: 
  • Mr. Xin Baoan, Chairman of GEIDCO and Executive Chairman of State Grid Corporation of China (SGCC), attended the event and delivered a welcome speech.
  • The thematic event features a research report release by GEIDCO entitled Inclusive, Just, Resilient Energy Transition: GEI Solution and Practices, and practical case sharing by SGCC on the development of new power systems.
  • Since its inception, GEIDCO has participated in the UN Climate Change Conference for many consecutive times, held several thematic events, and released multiple research results.
  • During COP28, GEIDCO and WMO also held a thematic event with the theme of "Energy Transition and Clean Energy Development".

Brookfield Launches Emerging Markets Transition Fund with Anchor Commitment from ALTÉRRA Alongside Investment in the Brookfield Global Transition Fund; Both Funds to Help Deploy Over $20 Billion in Climate Initiatives

Retrieved on: 
Friday, December 1, 2023

BROOKFIELD, NEWS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Today at COP28, Brookfield Asset Management (“Brookfield”) (NYSE: BAM, TSX: BAM) and ALTÉRRA, the world’s largest private markets climate vehicle launched at the World Climate Action Summit, announced the creation of a multi-billion dollar Catalytic Transition Fund (‘CTF’ or the ‘Fund’) with commitments from ALTÉRRA Transformation. ALTÉRRA also committed to investing US$2 billion from ALTÉRRA Acceleration into the second Brookfield Global Transition Fund (“BGTF II”), Brookfield’s flagship fund focused on the energy transition.

Key Points: 
  • ALTÉRRA also committed to investing US$2 billion from ALTÉRRA Acceleration into the second Brookfield Global Transition Fund (“BGTF II”), Brookfield’s flagship fund focused on the energy transition.
  • The Fund will be managed by Brookfield and will receive up to US$1 billion in catalytic capital from ALTÉRRA Transformation, to enhance the risk-adjusted returns available to commercially-oriented investors.
  • CTF will focus on decarbonization initiatives, with an innovative structure that leverages ALTÉRRA's financial commitment to attract private sector investment at scale.
  • ALTÉRRA Acceleration is also today announcing a US$2 billion commitment to the second Brookfield Global Transition Fund, making it the single-largest third-party investor in the fund to date.

New Fortress Energy Adds 1.6 GW, 15-year Contracted Power Asset to Existing Brazilian Infrastructure Portfolio

Retrieved on: 
Wednesday, December 27, 2023

NFE plans to leverage its existing infrastructure in Brazil and transfer the PPA to new power assets connected to NFE’s existing Brazilian LNG terminals – Barcarena and Terminal Gas Sul (“TGS”).

Key Points: 
  • NFE plans to leverage its existing infrastructure in Brazil and transfer the PPA to new power assets connected to NFE’s existing Brazilian LNG terminals – Barcarena and Terminal Gas Sul (“TGS”).
  • By using its existing asset base, NFE expects to reduce costs and generate incremental throughput and earnings at its terminals.
  • With the acquisition of the PPA, NFE adds significant downstream power infrastructure to its asset base, enabling further utilization of its existing terminal infrastructure in Barcarena and TGS.
  • About New Fortress Energy Inc.
    New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy.

Legence Expands National Capacity with Acquisition of OCI Associates in Florida

Retrieved on: 
Thursday, December 14, 2023

Legence , a Blackstone company and the first global Energy Transition Accelerator™, today announced the acquisition of OCI Associates (OCI), one of the largest Mechanical, Electrical, Plumbing (MEP) consulting engineering and Commissioning firms in Florida.

Key Points: 
  • Legence , a Blackstone company and the first global Energy Transition Accelerator™, today announced the acquisition of OCI Associates (OCI), one of the largest Mechanical, Electrical, Plumbing (MEP) consulting engineering and Commissioning firms in Florida.
  • Legence’s latest strategic expansion reflects the growing prominence of Florida’s commercial real estate market on the national stage and its pivotal role in the energy transition.
  • "Our team is thrilled to welcome OCI Associates into Legence’s portfolio of companies," said Jeff Sprau, CEO of Legence.
  • AEC Advisors acted as the financial advisor to OCI Associates.

Nextracker CEO Dan Shugar Named S&P Global’s ‘Chief Trailblazer of the Year’ at the 25th Annual Platts Global Energy Awards

Retrieved on: 
Tuesday, December 12, 2023

Nextracker (Nasdaq: NXT) announced today that its founder and CEO Dan Shugar was named Chief Trailblazer of the Year at S&P Global’s 25th Annual Platts Global Energy Awards.

Key Points: 
  • Nextracker (Nasdaq: NXT) announced today that its founder and CEO Dan Shugar was named Chief Trailblazer of the Year at S&P Global’s 25th Annual Platts Global Energy Awards.
  • Judges selected Mr. Shugar for his leadership and contributions to industry-critical solar technology innovation supporting the global energy transition to more reliable, secure, and cleaner energy.
  • View the full release here: https://www.businesswire.com/news/home/20231212267187/en/
    Nextracker founder and CEO Dan Shugar is named Chief Trailblazer of the Year at the Platts Global Energy Awards.
  • For details of these and other Awards winners of this year’s Platts Global Energy Awards, access the December issue of the S&P Global Commodity Insights Magazine , titled, “Financing the Energy Transition,” or visit the Platts Global Energy Awards website .

IHRDC Announces New Clean Energy and Sustainability Offerings to Support Oil and Gas Companies in Navigating the Energy Transition

Retrieved on: 
Tuesday, December 5, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231204802349/en/
    IHRDC's Clean Energy and Sustainability https://ihrdc.com/clean-energy-sustainability/ (Graphic: Business Wire)
    IHRDC's new Clean Energy and Sustainability offerings aim to provide practical insights and guidance for energy producers and their employees adapting to the evolving industry landscape.
  • A shorter version of this course, titled "Overview of the Energy Transition," covers Energy Transition Fundamentals, Energy Supply and Demand Trends, and Renewables & Low Carbon Energy Alternatives.
  • Another instructional program, "Managing an Oil and Gas Company Through the Energy Transition," focuses on strategies for a low-carbon future and aims to help clients set their own energy transition strategy.
  • Additionally, IHRDC is introducing a library of over 100 Clean Energy and Sustainability Competency Units, that help detail the workforce development requirements in clean energy basics, electric power, geothermal energy, hydrogen, solar, biofuels, and energy storage systems.