Energy transition

The Rockefeller Foundation: The World Can Limit Global Warming to 1.9 °C by 2090

Retrieved on: 
Wednesday, November 29, 2023

NEW YORK, Nov. 29, 2023 /PRNewswire/ -- Ahead of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), The Rockefeller Foundation's new report identifies the core components of global action needed to prevent global warming from breaking 2 degrees Celsius (°C) by 2090. Analyzing data from 190 countries, the best-case scenario in Vulnerable Populations in a Warming World: Four Futures Explored requires developed and emerging economies to rapidly decarbonize while also supporting widespread access to renewable energy in the world's most energy-poor countries. With input from The Climate Impact Lab at Rhodium Group and Catalyst Partners, The Rockefeller Foundation's analysis also demonstrates the tangible effects of increased heat on health and mortality, agriculture and nutrition, and energy consumption across four global temperature scenarios ranging from 1.9 °C to 4.5 °C.

Key Points: 
  • While only responsible for 8% of the emissions currently accumulated in the atmosphere, energy-poor countries are often the most vulnerable to the impacts of climate change.
  • In the "Business as Usual" scenario, the world warms by 2.8 °C by 2090 because previous emissions trends for developed, emerging, and energy-poor countries continue along their current trajectory.
  • This report follows The Rockefeller Foundation's commitment to invest over $1 billion in advancing the global climate transition and achieving a science-based Net Zero standard for its operations globally.
  • Then, The Rockefeller Foundation committed $500 million, which remains its largest single investment.

MAIRE' S NEXTCHEM EXPANDS ITS TECHNOLOGY PORTFOLIO WITH THE DEVELOPMENT AND SUPPLY OF CLARIANT' NEXT GENERATION CATALYST

Retrieved on: 
Tuesday, November 28, 2023

This new solution will bring considerable advantages in terms of energy consumption, making the product both more sustainable and competitive at the same time.

Key Points: 
  • This new solution will bring considerable advantages in terms of energy consumption, making the product both more sustainable and competitive at the same time.
  • In addition, the two companies are actively cooperating in further improving maleic anhydride technology, making it more efficient in terms of its carbon footprint.
  • MAIRE S.p.A. leads a technology and engineering group that develops and implements innovative solutions to enable the Energy Transition.
  • We offer Sustainable Technology Solutions and Integrated E&C Solutions in nitrogen fertilizers, hydrogen, circular carbon, fuels, chemicals, and polymers.

MAIRE' S NEXTCHEM EXPANDS ITS TECHNOLOGY PORTFOLIO WITH THE DEVELOPMENT AND SUPPLY OF CLARIANT' NEXT GENERATION CATALYST

Retrieved on: 
Tuesday, November 28, 2023

This new solution will bring considerable advantages in terms of energy consumption, making the product both more sustainable and competitive at the same time.

Key Points: 
  • This new solution will bring considerable advantages in terms of energy consumption, making the product both more sustainable and competitive at the same time.
  • In addition, the two companies are actively cooperating in further improving maleic anhydride technology, making it more efficient in terms of its carbon footprint.
  • MAIRE S.p.A. leads a technology and engineering group that develops and implements innovative solutions to enable the Energy Transition.
  • We offer Sustainable Technology Solutions and Integrated E&C Solutions in nitrogen fertilizers, hydrogen, circular carbon, fuels, chemicals, and polymers.

Trina Solar on Forbes China Top 50 Innovative Companies List

Retrieved on: 
Thursday, November 23, 2023

CHANGZHOU, China, Nov. 23, 2023 /PRNewswire/ -- Trina Solar has won a place on the 2023 Forbes China Top 50 Innovative Companies list, Forbes China says.

Key Points: 
  • CHANGZHOU, China, Nov. 23, 2023 /PRNewswire/ -- Trina Solar has won a place on the 2023 Forbes China Top 50 Innovative Companies list, Forbes China says.
  • Forbes China also lists the top 10 New Energy S&T Innovation Companies among 400 companies for the first time.
  • Gao Jifan, chairman and chief executive officer of Trina Solar, said: "In addition to pouring effort into its own innovation, Trina Solar works with other companies in the industry chain to produce innovation."
  • In addition, Trina Solar was selected as one of the 2022 Forbes China Top 50 Sustainable Development Industrial Enterprises, as one of the 2023 Forbes China ESG Innovative Companies, and as one of the 2022 Forbes China Top 50 Sustainable Industrial Companies, and has appeared on the Fortune China 500 List.

Trina Solar on Forbes China Top 50 Innovative Companies List

Retrieved on: 
Thursday, November 23, 2023

CHANGZHOU, China, Nov. 23, 2023 /PRNewswire/ -- Trina Solar has won a place on the 2023 Forbes China Top 50 Innovative Companies list, Forbes China says.

Key Points: 
  • CHANGZHOU, China, Nov. 23, 2023 /PRNewswire/ -- Trina Solar has won a place on the 2023 Forbes China Top 50 Innovative Companies list, Forbes China says.
  • Forbes China also lists the top 10 New Energy S&T Innovation Companies among 400 companies for the first time.
  • Gao Jifan, chairman and chief executive officer of Trina Solar, said: "In addition to pouring effort into its own innovation, Trina Solar works with other companies in the industry chain to produce innovation."
  • In addition, Trina Solar was selected as one of the 2022 Forbes China Top 50 Sustainable Development Industrial Enterprises, as one of the 2023 Forbes China ESG Innovative Companies, and as one of the 2022 Forbes China Top 50 Sustainable Industrial Companies, and has appeared on the Fortune China 500 List.

Tri-State Member Cooperatives Celebrate Halfway Point of Construction for Escalante Solar

Retrieved on: 
Friday, November 10, 2023

Origis Energy has completed installation of approximately 250,000 solar panel modules, the halfway point for the 200-megawatt facility, to be completed in 2024.

Key Points: 
  • Origis Energy has completed installation of approximately 250,000 solar panel modules, the halfway point for the 200-megawatt facility, to be completed in 2024.
  • Escalante Solar is being built on the site of the former, 253-megawatt, coal-fired Escalante Station, which was retired in 2020, as Tri-State continues to pursue its landmark Responsible Energy Plan.
  • GRANTS, N.M., Nov. 9, 2023 /PRNewswire/ -- As Escalante Solar reaches its halfway point for the installation of approximately 500,000 solar panel modules at the former Escalante Station near Grants, N.M., member electric cooperatives of Tri-State Generation and Transmission Association joined representatives from Origis Energy and Tri-State, along with state and local leaders, to commemorate the construction milestone with a panel-signing ceremony at the plant.
  • Escalante Solar, when completed in 2024, will bring 200-megawatts of clean solar generation to Tri-State's members, including 11 electric cooperative members in New Mexico, under a power purchase agreement with Origis Energy.

Michael Burns Joins Invizyne as Executive Vice President of Energy Transition

Retrieved on: 
Wednesday, November 8, 2023

Monrovia, CA, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Invizyne Technologies, Inc. , a leading designer of enzyme-based biomanufacturing systems – and a subsidiary of MDB Capital Holdings, LLC , (NASDAQ:MDBH) ("MDB") ­– today announced the appointment of Michael Burns to its senior leadership team as Executive Vice President, Energy Transition.

Key Points: 
  • Monrovia, CA, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Invizyne Technologies, Inc. , a leading designer of enzyme-based biomanufacturing systems – and a subsidiary of MDB Capital Holdings, LLC , (NASDAQ:MDBH) ("MDB") ­– today announced the appointment of Michael Burns to its senior leadership team as Executive Vice President, Energy Transition.
  • "Michael Burns brings two decades worth of business strategy and development, global licensing, project development, and project finance expertise in the sustainable energy and synthetic biology industries to Invizyne.
  • We are honored to have an executive with his gravitas and experience join the team to head up our new Energy Transition business unit,” said Mo Hayat, CEO of Invizyne.
  • He also served in strategy and development roles at Verenium Corporation, a specialized enzyme biotechnology company that was acquired by BASF.

World's Largest Miners Confirmed For This Year's Resourcing Tomorrow Event

Retrieved on: 
Wednesday, November 8, 2023

Representatives from the world's largest mining companies, Anglo American, BHP, Glencore, Rio Tinto and Vale have confirmed their attendance for this year's Resourcing Tomorrow event.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - November 8, 2023) - Representatives from the world's largest mining companies, Anglo American , BHP, Glencore, Rio Tinto and Vale have confirmed their attendance for this year's Resourcing Tomorrow event and will join other leading mining companies including Anglo Gold Ashanti, Antofagasta Minerals, Barrick, B2 Gold, Eldorado Gold, Endeavour Mining, Freeport McMoRan, Newmont, Sibanye Stillwater, Teck Resources, and Wheaton Precious Metals.
  • As Europe's largest mining event, Resourcing Tomorrow: Accelerating the Energy Transition takes place in London on the 28-30 November and is poised to be yet another agenda-setting edition for the industry, fostering collaboration and knowledge exchange among professionals in the field.
  • Resourcing Tomorrow unites all stakeholders in the mining industry, including global mining and energy companies, investors, government delegations, researchers, educators, regulators, suppliers, and operators.The conference programme will provide 100+ intelligent and forward-thinking sessions in which all of the aforementioned miners will participate, giving attendees the opportunity to engage and network with leaders and industry specialists from around the world.
  • With the increasing pace of change and emerging technologies in the mining industry, Resourcing Tomorrow will focus on the future of our industry and presents a unique opportunity for international representatives of the world's leading resource economies to meet, find new partners, discuss current challenges, and share the latest research, technology and best practice.

JPMorgan Chase Announces $70 Million in New Commitments to Create Economic Opportunity Across France

Retrieved on: 
Wednesday, November 8, 2023

PARIS, Nov. 8, 2023 /PRNewswire/ -- As JPMorgan Chase continues to grow its business in France and learn from its recent philanthropic investments supporting underserved communities in Greater Paris, today the firm announced $70 million in new business and philanthropic commitments to connect individuals and entrepreneurs to economic opportunities across the country. This brings the firm's total commitment since 2018 to $100 million.

Key Points: 
  • The commitment will seek to align with France 2030, the country's national investment plan to create new and competitive pathways for economic growth in key sectors such as green and technology.
  • JPMorgan Chase will commit $50 million to this initiative and Bpifrance will commit €10 million to the initiative.
  • "I was present at Les Compagnons du Devoir in 2018 when Jamie Dimon announced JPMorgan Chase's $30 million commitment to Greater Paris.
  • Over the past five years, JPMorgan Chase has worked with the French government and non-profit leaders in Greater Paris to support programs and initiatives that create a more inclusive economy.

Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Preliminary Results of Election of Merger Consideration

Retrieved on: 
Tuesday, November 7, 2023

HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF), today announced the preliminary results of the elections made by KMF stockholders as to the form of merger consideration that they desire to receive in the merger between KYN and KMF (the “Merger”).

Key Points: 
  • HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF), today announced the preliminary results of the elections made by KMF stockholders as to the form of merger consideration that they desire to receive in the merger between KYN and KMF (the “Merger”).
  • The foregoing results are preliminary only, and final results are not expected to be available until following the closing of the merger.
  • Based on the preliminary results described above, it is expected that KMF stockholders who elected to receive Cash Consideration will be subject to proration.
  • After the final merger consideration election results are determined, the final allocation and proration of merger consideration will be calculated in accordance with the terms of the merger agreement.