Energy transition

Ghana launches USD 550 billion Energy Transition and Investment Plan for achieving net-zero emissions, creating 400,000 jobs by 2060

Retrieved on: 
Friday, September 22, 2023

NEW YORK, Sept. 22, 2023 /PRNewswire/ -- His Excellency Nana Akufo-Addo, President of the Republic of Ghana, launched the country's new Energy Transition and Investment Plan yesterday during a Global Africa Business Initiative event in New York.

Key Points: 
  • Ghana's government intends to use the plan as its main tool to engage the international community and investors for support with its energy transition.
  • All measures suggested in the plan represent a USD 550 billion opportunity for the international community to invest in sustainable development in Ghana.
  • The country's existing Energy Transition Framework previously set a target of net zero by 2070, but this new plan shows Ghana has increased its ambition and is targeting net zero by 2060.
  • -Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All, and Co-Chair of UN-Energy

Ghana launches USD 550 billion Energy Transition and Investment Plan for achieving net-zero emissions, creating 400,000 jobs by 2060

Retrieved on: 
Friday, September 22, 2023

NEW YORK, Sept. 22, 2023 /PRNewswire/ -- His Excellency Nana Akufo-Addo, President of the Republic of Ghana, launched the country's new Energy Transition and Investment Plan yesterday during a Global Africa Business Initiative event in New York.

Key Points: 
  • Ghana's government intends to use the plan as its main tool to engage the international community and investors for support with its energy transition.
  • All measures suggested in the plan represent a USD 550 billion opportunity for the international community to invest in sustainable development in Ghana.
  • The country's existing Energy Transition Framework previously set a target of net zero by 2070, but this new plan shows Ghana has increased its ambition and is targeting net zero by 2060.
  • -Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All, and Co-Chair of UN-Energy

Lomiko Provides Operational, Market and Corporate Update

Retrieved on: 
Monday, September 18, 2023

Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to provide an update on its operations, market conditions and corporate activities.

Key Points: 
  • Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to provide an update on its operations, market conditions and corporate activities.
  • The 30% to 40% annual growth rates in EV sales, and graphite demand, underline the importance and rapid acceleration of energy transition to critical minerals supply chains.
  • On behalf of the Lomiko team and board, we also wish to thank our many supportive investors and colleagues who have reached out over the summer with comments, ideas and questions.
  • Belinda Labatte, CEO, Roundtable host Sept 22: “Creating a link between emission reduction, energy transition and community acceptability.

ENERGY TRANSITION ACCELERATOR AND WORLD BANK ANNOUNCE STRATEGIC COLLABORATION TO SCALE UP CLEAN ENERGY FINANCE

Retrieved on: 
Tuesday, September 19, 2023

NEW YORK, Sept. 19, 2023 /PRNewswire/ -- The U.S. Department of State, the Bezos Earth Fund, The Rockefeller Foundation, and the World Bank today announced a strategic collaboration between the Energy Transition Accelerator (ETA) and the World Bank to mobilize finance to support just, accelerated energy transitions in developing countries.

Key Points: 
  • NEW YORK, Sept. 19, 2023 /PRNewswire/ -- The U.S. Department of State, the Bezos Earth Fund, The Rockefeller Foundation, and the World Bank today announced a strategic collaboration between the Energy Transition Accelerator (ETA) and the World Bank to mobilize finance to support just, accelerated energy transitions in developing countries.
  • The strategic collaboration between ETA and SCALE, announced at a Climate Week event hosted by The Rockefeller Foundation, aims to leverage the strengths of each initiative to mobilize finance for effective energy transitions.
  • The United States, the first contributor to SCALE, will work with the World Bank to enlist other contributors.
  • "The Energy Transition Accelerator and the World Bank's SCALE initiative each bring vital tools to this effort.

S&P Global Commodity Insights to Launch First-of-Kind Emissions-Adjusted Price Assessments for Renewable Energy Certificates (RECs)

Retrieved on: 
Monday, September 18, 2023

NEW YORK, Sept. 18, 2023 /PRNewswire/ -- Platts, part of S&P Global Commodity Insights, the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, today announced it is launching first-of-kind price assessments for Emissions-Adjusted (EA) Renewable Energy Certificates (RECs) through a collaborative data-licensing agreement with clean energy data-driven solutions provider REsurety.

Key Points: 
  • Platts will aggregate and publish a new suite of Emissions-Adjusted REC assessments to provide benchmark prices based on their emissions impact.
  • "By incorporating carbon intensity into REC pricing, we believe the marketplace will welcome this better understanding of the emissions impact of individual certificates," said Alan Hayes, Global Head of Energy Transition Pricing, S&P Global Commodity Insights.
  • "By adjusting renewable energy certificates prices to reflect carbon intensity, market participants will be empowered to differentiate and maximize the impact of REC purchases on emissions."
  • Renewable energy certificates and related instruments worldwide have become a key tool for energy users to direct investment to solar, wind, hydro and other renewable generation technologies.

National Fuel Releases its 2022 Corporate Responsibility Report Highlighting Safe, Reliable, Affordable and Sustainable Operations

Retrieved on: 
Monday, September 11, 2023

WILLIAMSVILLE, N.Y., Sept. 11, 2023 (GLOBE NEWSWIRE) -- National Fuel Gas Company (National Fuel or the Company, NYSE: NFG) today released its 2022 Corporate Responsibility Report (Report), detailing the Company’s policies, practices and performance metrics in key environmental, social and governance (ESG) areas.

Key Points: 
  • WILLIAMSVILLE, N.Y., Sept. 11, 2023 (GLOBE NEWSWIRE) -- National Fuel Gas Company (National Fuel or the Company, NYSE: NFG) today released its 2022 Corporate Responsibility Report (Report), detailing the Company’s policies, practices and performance metrics in key environmental, social and governance (ESG) areas.
  • This Corporate Responsibility Report also contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995.
  • National Fuel is not incorporating this report by reference into any other document and is not incorporating any other document posted on the website into this report.
  • The Company makes no warranty, express or implied, regarding the accuracy, adequacy, completeness, legality, reliability or usefulness of this report.

Hunting PLC (“Hunting” or “the Company” or “the Group”) Capital Markets Day

Retrieved on: 
Wednesday, September 13, 2023

In May 2023, Hunting won a $91m order from Cairn Oil and Gas, Vedanta Limited.

Key Points: 
  • In May 2023, Hunting won a $91m order from Cairn Oil and Gas, Vedanta Limited.
  • Trading within Hunting Titan has been resilient, despite the decline in the North America onshore rig count this year.
  • Hunting is a global engineering group that provides precision-engineered equipment and premium services, which add value for our customers.
  • The Group reports in US dollars across five operating segments: Hunting Titan; North America; Subsea Technologies; Europe, Middle East and Africa (“EMEA”) and Asia Pacific.

CECO Environmental Raises Full Year 2023 Outlook, Announces Acquisition of Kemco Systems, a Leader in Industrial Water Recycling and Energy Conservation Solutions

Retrieved on: 
Wednesday, September 13, 2023

Following the acquisition, the Company announced it has raised its full-year 2023 outlook for revenue and EBITDA.

Key Points: 
  • Following the acquisition, the Company announced it has raised its full-year 2023 outlook for revenue and EBITDA.
  • Kemco, founded in 1969, marks the third acquisition for CECO during 2023, and a continuation of CECO's steady execution of its programmatic M&A strategy.
  • The Kemco acquisition enhances CECO's North American presence, extending the Company's industrial water and wastewater treatment applications reach, adding new energy conservation and water recycling solutions, and expanding the addressable market into new high-value food processing, commercial laundry, and ready-mix concrete customer segments and end markets.
  • "I am excited to welcome the Kemco team to CECO and confident that the combination will open new growth opportunities across attractive industrial water markets.

S2G Ventures Publishes New Assessment of Energy Transition-Focused Private Capital Markets

Retrieved on: 
Tuesday, September 12, 2023

CHICAGO, Sept. 12, 2023 /PRNewswire/ -- S2G Ventures ("S2G"), the direct investment team of Builders Vision, today released a new report - The Missing Middle: Capital Imbalances in the Energy Transition .

Key Points: 
  • CHICAGO, Sept. 12, 2023 /PRNewswire/ -- S2G Ventures ("S2G"), the direct investment team of Builders Vision, today released a new report - The Missing Middle: Capital Imbalances in the Energy Transition .
  • The report analyzes the current private capital markets landscape for clean energy investments, highlighting the necessary shifts needed to build a fit-for-purpose system to adequately support the energy transition.
  • The capital being deployed by today's energy transition-focused private markets does not necessarily align with where the emissions reduction needs are greatest.
  • Energy transition-focused capital markets are heavily skewed toward either early-stage or infrastructure-focused funds with much less headline capital available for the growth stage.

S2G Ventures Publishes New Assessment of Energy Transition-Focused Private Capital Markets

Retrieved on: 
Tuesday, September 12, 2023

CHICAGO, Sept. 12, 2023 /PRNewswire/ -- S2G Ventures ("S2G"), the direct investment team of Builders Vision, today released a new report - The Missing Middle: Capital Imbalances in the Energy Transition .

Key Points: 
  • CHICAGO, Sept. 12, 2023 /PRNewswire/ -- S2G Ventures ("S2G"), the direct investment team of Builders Vision, today released a new report - The Missing Middle: Capital Imbalances in the Energy Transition .
  • The report analyzes the current private capital markets landscape for clean energy investments, highlighting the necessary shifts needed to build a fit-for-purpose system to adequately support the energy transition.
  • The capital being deployed by today's energy transition-focused private markets does not necessarily align with where the emissions reduction needs are greatest.
  • Energy transition-focused capital markets are heavily skewed toward either early-stage or infrastructure-focused funds with much less headline capital available for the growth stage.