Carbon capture

Technip Energies and GE Vernova Advance the UK’s Transition to Net-Zero with one of the World’s First Commercial Scale Gas-Fired Power and Carbon Capture Projects

Retrieved on: 
Friday, March 15, 2024

This landmark project is poised to become one of the world’s first commercial scale gas-fired power stations with carbon capture, expected to capture up to 2 million tonnes of CO2 per year.

Key Points: 
  • This landmark project is poised to become one of the world’s first commercial scale gas-fired power stations with carbon capture, expected to capture up to 2 million tonnes of CO2 per year.
  • The Technip Energies and GE Vernova consortium, supported by leading infrastructure group Balfour Beatty, will play an important role constructing a highly efficient combined cycle plant.
  • Technip Energies , GE Vernova , and Balfour Beatty , supported by Shell in the UK are forming the Carbon Capture Alliance (CCA).
  • It’s a significant milestone in delivering the critical infrastructure needed to transition the UK to Net Zero.

Future Technologies Awarded $14M in Energy Sector for Network Transformation Projects in 2023

Retrieved on: 
Wednesday, March 20, 2024

Future Technologies Venture, LLC (“Future Technologies”), a North American Lead System Integrator, announced today that they were awarded over $14 million in projects in the Energy market in 2023.

Key Points: 
  • Future Technologies Venture, LLC (“Future Technologies”), a North American Lead System Integrator, announced today that they were awarded over $14 million in projects in the Energy market in 2023.
  • “Future Technologies has developed scalable digital blueprint solutions for the energy sector with our eco-system partners, Intel, Nokia, Cambium Networks, Semtech and Microsoft,” said Peter Cappiello, CEO, Future Technologies.
  • Private networks in the energy sector have delivered significant benefits, most notably the convergence of IT (Information Technology) and OT (Operational Technology).
  • Future Technologies also offers complementary consultations through our initial Private 5G point-of-view, including a virtual tour of the company’s Private 5G Living Lab.

Carbon Capture, Utilization, & Storage Market Projected to Reach $23.22 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Thursday, April 4, 2024

Carbon capture, utilization, and storage (CCUS) technologies are emerging as essential solutions worldwide, targeting reducing CO2 emissions from industrial activities and fossil fuel combustion.

Key Points: 
  • Carbon capture, utilization, and storage (CCUS) technologies are emerging as essential solutions worldwide, targeting reducing CO2 emissions from industrial activities and fossil fuel combustion.
  • "Baker Hughes Company at the Forefront of Carbon Capture, Utilization, & Storage Market with a Strong 3.48% Market Share"
    The key players in the Carbon Capture, Utilization, & Storage Market include Eaton Corporation PLC, Exxon Mobil Corporation, Fluor Corporation, Aker Solutions ASA, Baker Hughes Company, and others.
  • "Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Carbon Capture, Utilization, & Storage Market"
    We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Carbon Capture, Utilization, & Storage Market.
  • "Dive into the Carbon Capture, Utilization, & Storage Market Landscape: Explore 196 Pages of Insights, 292 Tables, and 22 Figures"

Carbon Capture, Utilization, & Storage Market Projected to Reach $23.22 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Thursday, April 4, 2024

Carbon capture, utilization, and storage (CCUS) technologies are emerging as essential solutions worldwide, targeting reducing CO2 emissions from industrial activities and fossil fuel combustion.

Key Points: 
  • Carbon capture, utilization, and storage (CCUS) technologies are emerging as essential solutions worldwide, targeting reducing CO2 emissions from industrial activities and fossil fuel combustion.
  • "Baker Hughes Company at the Forefront of Carbon Capture, Utilization, & Storage Market with a Strong 3.48% Market Share"
    The key players in the Carbon Capture, Utilization, & Storage Market include Eaton Corporation PLC, Exxon Mobil Corporation, Fluor Corporation, Aker Solutions ASA, Baker Hughes Company, and others.
  • "Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Carbon Capture, Utilization, & Storage Market"
    We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Carbon Capture, Utilization, & Storage Market.
  • "Dive into the Carbon Capture, Utilization, & Storage Market Landscape: Explore 196 Pages of Insights, 292 Tables, and 22 Figures"

Flowcarbon Named to America's Top GreenTech Companies 2024 by TIME and Statista

Retrieved on: 
Tuesday, March 5, 2024

Flowcarbon, a leading carbon finance and technology company, has been recognized as one of America's Top GreenTech Companies 2024 by TIME and Statista.

Key Points: 
  • Flowcarbon, a leading carbon finance and technology company, has been recognized as one of America's Top GreenTech Companies 2024 by TIME and Statista.
  • The prestigious list highlights 250 companies at the forefront of developing green technologies and driving sustainability.
  • "We are thrilled to be included in TIME's inaugural ranking of America's top greentech pioneers," said Dana Gibber, Co-Founder and CEO of Flowcarbon.
  • Statista, a leading data provider, conducted comprehensive research and analysis in collaboration with HolonIQ and LexisNexis Intellectual Property Solutions.

Rain Cage Carbon Introduces 'The Carbon Farm'

Retrieved on: 
Wednesday, March 6, 2024

CALGARY, AB, March 6, 2024 /PRNewswire/ - Rain Cage Carbon Inc., a pioneering leader in carbon capture and reuse technology, proudly announces the launch of its innovative game changing approach to profitable decarbonization.

Key Points: 
  • CALGARY, AB, March 6, 2024 /PRNewswire/ - Rain Cage Carbon Inc., a pioneering leader in carbon capture and reuse technology, proudly announces the launch of its innovative game changing approach to profitable decarbonization.
  • Set to revolutionize sustainable carbon capture, reuse, and renewable energy initiatives worldwide, Rain Cage Carbon will establish 'Carbon Farms' - a multiple deployment of its proprietary Carbon Capture and Reuse technology, the EDENTM System.
  • The Carbon Farms will utilize multiple EDENTM Systems, organized to produce industrial quantities of Advanced Carbon and in doing so effectively addressing the pressing need for scalable carbon capture solutions.
  • Blair Aiken, Chairman of Rain Cage Carbon, emphasized the dual benefits of the Carbon Farm model, stating, "Our Carbon Farm model is the perfect combination of our innovative and unique decarbonization technology together with a compelling business model.

2024 Louisiana Energy Conference to Be Held Live and In-person May 28 - 30 at the Four Seasons Hotel in New Orleans

Retrieved on: 
Thursday, January 18, 2024

NEW ORLEANS, Jan. 18, 2024 (GLOBE NEWSWIRE) -- The 2024 Louisiana Energy Conference will be held in-person Tuesday afternoon May 28 through Thursday, May 30, 2024 at the Four Seasons Hotel, New Orleans, located at 2 Canal Street, at the foot of Canal Street on the Mississippi River.

Key Points: 
  • NEW ORLEANS, Jan. 18, 2024 (GLOBE NEWSWIRE) -- The 2024 Louisiana Energy Conference will be held in-person Tuesday afternoon May 28 through Thursday, May 30, 2024 at the Four Seasons Hotel, New Orleans, located at 2 Canal Street, at the foot of Canal Street on the Mississippi River.
  • Conference registration is now open and hotel reservations can be secured through the web site, www.LouisianaEnergyConference.com .
  • The 2024 agenda is under development and will be posted to the Conference web site, www.LouisianaEnergyConference.com , in February and will be continually updated.
  • Over 70 E&P, oil field service, and future energy and other panelist firms are expected to take part in the Conference.

The 14th Launch of Forecasting & Prospects Research Reports on Energy Economy

Retrieved on: 
Wednesday, January 10, 2024

BEIJING, Jan. 10, 2024 /PRNewswire/ -- On January 7, 2024, the "The 14th Launch of Forecasting & Prospects Research Reports on Energy Economy" was held in Beijing.

Key Points: 
  • BEIJING, Jan. 10, 2024 /PRNewswire/ -- On January 7, 2024, the "The 14th Launch of Forecasting & Prospects Research Reports on Energy Economy" was held in Beijing.
  • Nine research reports, including the "Research and Prospect of China Energy Economic Index in 2024", were released to the public.
  • According to the report "Research and Prospect of China Energy Economic Index in 2024" by Bao-Jun Tang, in 2024, the energy economy will serve as a strong stimulant for the sustained recovery and improvement of the macroeconomy.
  • According to the report "China's Energy Economic Situation and Forecasting (2024)" by Hua Liao, our country has taken solid steps towards high-quality development in energy economics, enhancing energy security.

FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2023 Results

Retrieved on: 
Tuesday, December 19, 2023

DANBURY, Conn., Dec. 19, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results for its fourth quarter and fiscal year ended October 31, 2023.

Key Points: 
  • Operating expenses for the fourth quarter of fiscal 2023 increased to $34.9 million from $27.5 million in the fourth quarter of fiscal 2022.
  • Research and development expenses increased to $18.0 million during the fourth quarter of fiscal 2023 compared to $12.2 million in the fourth quarter of fiscal 2022.
  • Net loss was $29.5 million in fourth quarter of fiscal 2023, compared to net loss of $42.0 million in the fourth quarter of fiscal 2022.
  • Adjusted EBITDA totaled $(30.8) million in the fourth quarter of fiscal 2023, compared to Adjusted EBITDA of $(36.1) million in the fourth quarter of fiscal 2022.

EQS-News: Danish Climate Tech Startup Again Launches Groundbreaking Production Site for CO₂-Based Chemicals and Announces $10 million Seed Round

Retrieved on: 
Thursday, December 14, 2023

Launching the carbon utilization plant marks a milestone in Again’s mission to build sustainable industrial value chains using biology.

Key Points: 
  • Launching the carbon utilization plant marks a milestone in Again’s mission to build sustainable industrial value chains using biology.
  • Again’s novel biomanufacturing process collects these unavoidable carbon outputs from industry at the source, reusing them to manufacture sustainable chemicals.
  • Compared to existing production, the company’s novel process prevents up to three tons of emissions per ton of product, enabling the production of carbon negative chemicals.
  • Just as important, the industry is looking for resilient supply and Again has the potential to become a global supplier.