Sustainable Development Goal 7

Abraxas Power Corp. Announces Submission of Groundbreaking Special Economic Zone Application in Support of the Republic of Maldives Climate Targets in the Global Energy Transition

Retrieved on:

Tuesday, January 9, 2024

Knowledge, Transfer, COP28, Quality of life, Sustainable energy, Government, Sustainable development, POWER, Sustainable Development Goal 7, Republic, USD, Project, United Nations, Environment, Renewable energy

MALÉ, Maldives, Jan. 08, 2024 (GLOBE NEWSWIRE) -- ABRAXAS POWER CORP. (“Abraxas”) announces that, on December 21, 2023, it submitted a formal Special Economic Zone (“SEZ”) application for a mixed use renewable energy project (the “Project”) in the Republic of Maldives (the “Maldives”).

Key Points:

MALÉ, Maldives, Jan. 08, 2024 (GLOBE NEWSWIRE) -- ABRAXAS POWER CORP. (“Abraxas”) announces that, on December 21, 2023, it submitted a formal Special Economic Zone (“SEZ”) application for a mixed use renewable energy project (the “Project”) in the Republic of Maldives (the “Maldives”).
“The Project submission advances Abraxas’ position as a global energy transition leader, having secured over US$8 billion in capital projects through competitive government awards over the past year.
This Project further showcases our leadership and expertise in supporting a complex energy transition.
Knowledge Transfer: Bring knowledge, technological advances, and global best practices to the Maldives’ state owned enterprises to support the technical challenges of the energy transition.

Milken–Motsepe Prize in Green Energy Finalists Announced

Retrieved on:

Wednesday, November 1, 2023

The Milken Institute and the Motsepe Foundation today announced the five teams advancing to the Finalist Round of the Milken–Motsepe Prize in Green Energy.

Key Points:

The Milken Institute and the Motsepe Foundation today announced the five teams advancing to the Finalist Round of the Milken–Motsepe Prize in Green Energy.
“Access to electricity can advance industrialization across Africa and improve the standards of living for many marginalized communities,” said Dr.
“These finalists are building innovative solutions to deliver on the promise of a sustainable future, in line with the Sustainable Development Goals.
In total, the Milken–Motsepe Prize in Green Energy will award over US$2 million in prizes and additional benefits.

Hudson Technologies Joins Cool Coalition

Retrieved on:

Thursday, October 5, 2023

Brian F. Coleman, President and Chief Executive Officer of Hudson Technologies, commented, “Hudson’s commitment to supporting the circular economy for refrigerants and environmental stewardship is a fundamental element of our operations. Joining the Cool Coalition is a natural fit, complementing our goal to accelerate the global transition to efficient and climate-friendly cooling alternatives. Hudson has proven success providing environmentally sustainable solutions for all cooling needs -- from the initial sale of refrigerant through recovery, reclamation, and reuse as well as through our portfolio of servicing options which help promote peak operating performance of equipment through energy efficiency and emergency HVAC system repair, as well as refrigerant end-of-life management and carbon credit development. We look forward to working with the members of the Cool Coalition to advance efficient, effective and sustainable cooling practices and products to ease and accelerate the transition to greener cooling systems and refrigerants.”

Key Points:

According to the Cool Coalition , “Around 30 percent of the world’s population is exposed to life-threatening temperatures for at least 20 days a year, and heat waves already lead to 12,000 deaths worldwide.
Brian F. Coleman, President and Chief Executive Officer of Hudson Technologies, commented, “ Hudson ’s commitment to supporting the circular economy for refrigerants and environmental stewardship is a fundamental element of our operations.
Joining the Cool Coalition is a natural fit, complementing our goal to accelerate the global transition to efficient and climate-friendly cooling alternatives.
We look forward to working with the members of the Cool Coalition to advance efficient, effective and sustainable cooling practices and products to ease and accelerate the transition to greener cooling systems and refrigerants.”

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.

B20 India follow-on: Pertamina to develop Bioenergy-Based Fuels, toward Energy Independence

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Tuesday, August 29, 2023

Workforce, Carbon, Sustainable Development Goal 7, Climate change, Sustainable Development Goals, Natural Resources, Developed country, Biophysical environment, G20, Chairperson, ESG, Sorghum, Social, B20, Corporate communication, Renewable energy

"Our energy will eventually be bioenergy-based, as Indonesia has abundant resources," said Nicke Widyawati, President Director of Indonesia's Pertamina.

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"Our energy will eventually be bioenergy-based, as Indonesia has abundant resources," said Nicke Widyawati, President Director of Indonesia's Pertamina.
Nicke Widyawati, President Director of PT Pertamina, as Co-Chair for the B20 Task Force on Energy, Climate Change and Resource Efficiency, ensures regional continuity and follow-on from the B20 Indonesia 2022 to B20 India 2023.
Nicke, as Co-Chair for the B20 Task Force on Energy, Climate Change and Resource Efficiency ensures continuity in agendas for B20 Bali and B20 India.
Vice President of Corporate Communication at Pertamina, Fadjar Djoko Santoso, stated that Pertamina is increasingly dedicated to developing energy transition initiatives following global trends.

B20 India Summit: MSMEs Need Access to Funding and Technology to Accelerate Energy Transition

Retrieved on:

Friday, August 25, 2023

Thus, access to funding and technology is necessary for MSMEs to fully perform their roles as providers of community needs and job opportunities, enabling rural communities to increase their income.

Key Points:

Thus, access to funding and technology is necessary for MSMEs to fully perform their roles as providers of community needs and job opportunities, enabling rural communities to increase their income.
Oki Muraza, Senior Vice President, Research & Technology Innovation at PT Pertamina (L), during the Sustainability Summit B20 held in New Delhi, India (8/24).
"The challenge lies in providing capital or funding and technology access to MSMEs, allowing them to effectively contribute to the energy transition and benefit both the community and corporations," said Oki.
Oki explained that by involving MSMEs in this energy transition, Indonesia aims to combine international aid, creating job opportunities for the public and benefiting companies in expediting the energy transition.

Pertamina's Steps in Facing Global Energy Challenges

Retrieved on:

Thursday, August 24, 2023

(Image: Pertamina)

Key Points:

(Image: Pertamina)
Oki Muraza, PT Pertamina, explained that political tensions in Europe have led to dangerous increases in energy prices, posing a threat to energy security and resilience in countries like Indonesia.
"So, we must strive to enhance our energy resilience while working to achieve sustainability goals.
However, with the decline in energy security, where Europe is once again importing energy sources like coal, there's a shift in the energy mix that affects the world.
In line with this, Valentin de Miguel, Senior Managing Director of Growth & Strategy Lead Growth Market, explained to address global energy challenges, developing countries must earnestly focus on implementation and execution.

Pertamina's Innovations Support Energy Transition in Indonesia

Retrieved on:

Wednesday, August 23, 2023

New Delhi, India, Aug 23, 2023 - (ACN Newswire) - As a state-owned energy company, PT Pertamina (Persero) continues to develop technological innovations for operational decarbonization to support Indonesia's energy transition.

Key Points:

New Delhi, India, Aug 23, 2023 - (ACN Newswire) - As a state-owned energy company, PT Pertamina (Persero) continues to develop technological innovations for operational decarbonization to support Indonesia's energy transition.
[Image: Pertamina]
Oki Muraza explained that Pertamina's operational decarbonization is focused on Carbon Capture Utilization and Storage (CCUS/CCS) technology development and Biofuel.
Oki continued that in addition to carbon capture and utilization technology to support the energy transition, Pertamina is also committed to developing Bio Refineries or Green Refineries to produce more environmentally friendly fuels.
According to Oki, the Covid-19 pandemic and geopolitical tensions have significantly impact global energy price volatility, supply shortages, security issues, and economic uncertainties, causing a shift in the short-term focus of energy transition towards energy resilience.

Pertamina explores energy cooperation in Africa, supports President's visit

Retrieved on:

Wednesday, August 23, 2023

Kenya: Pertamina Geothermal Energy (PGE) Tbk, signed an MoU with Africa Geothermal International Limited (AGIL) on August 20, for technology development and resource utilization in geothermal.

Key Points:

Kenya: Pertamina Geothermal Energy (PGE) Tbk, signed an MoU with Africa Geothermal International Limited (AGIL) on August 20, for technology development and resource utilization in geothermal.
[Image: Pertamina]
In Kenya, Pertamina, through PT Pertamina Geothermal Energy (PGE) Tbk, signed a Memorandum of Understanding (MoU) with Africa Geothermal International Limited (AGIL) on Sunday, August 20, 2023, for technology development and resource utilization in geothermal.
This collaboration can strengthen cooperation between African countries and globally," President Director of Pertamina Nicke Widyawati said during her visit to Kenya, Africa, on Monday (21/8).
Meanwhile, Vice President of Pertamina, Fadjar Djoko Santoso, added that Pertamina had brought several sub-holdings to explore the potential for cooperation in Africa.

EQS-News: Fujitsu ND Solutions AG: Update on Offer Progress

Retrieved on:

Monday, April 17, 2023

United Nations, GK, Software, Sustainable Development Goals, EUR, United, CEST, ISIN, Sustainable Development Goal 7, GK Software, Security (finance), Fujitsu

Acceptance period expires on 20 April 2023, 24:00 hrs (CEST)

Key Points:

Acceptance period expires on 20 April 2023, 24:00 hrs (CEST)
Tokyo, April 17, 2023 – Fujitsu Limited (“Fujitsu”) would like to remind GK Software SE (“GK Software”) shareholders that the acceptance period for the takeover offer of Fujitsu ND Solutions AG (“ND Solutions”), a direct wholly-owned subsidiary of Fujitsu, against a cash consideration of EUR 190.00 per GK Software share will expire on 20 April 2023, 24:00 hrs (CEST).
GK Software shareholders will only benefit from the significant premium, if the minimum acceptance threshold of 55 percent is reached by this date.
Fujitsu hereby confirms it will not increase the offer price or make any other changes to the offer and will not launch a new offer in case the current offer does not reach the minimum acceptance threshold.
They also consider the offer consideration of EUR 190.00 per GK Software share as fair and adequate and recommend the GK Software shareholders to accept it.