IGCC

Hirono IGCC Plant Construction Project Completed in Fukushima; Operations Launched on November 19

Wednesday, November 24, 2021 - 7:00am

Operation of the new facility, which is a high-efficiency, clean commercial power plant incorporating the world's most advanced coal gasification technologies, got underway on November 19.

Key Points: 
  • Operation of the new facility, which is a high-efficiency, clean commercial power plant incorporating the world's most advanced coal gasification technologies, got underway on November 19.
  • The project called for creation of one of the world's largest IGCC configurations, roughly twice the scale of the previously completed Nakoso Unit 10 (former IGCC demonstration plant).
  • The Hirono project was completed with integration of next-generation thermal power generation technologies from MHI - including Mitsubishi Power - and three Group companies.
  • The Hirono IGCC plant adopts a high-efficiency gas turbine combined cycle (GTCC) system integrating gas and steam turbines.

BentallGreenOak Announces Its Commitment to Achieving Net Zero Emissions by 2050 or Sooner for Its Entire Global Real Estate Portfolio

Monday, November 1, 2021 - 5:00am

BentallGreenOak (BGO) today announced that it is joining the Net Zero Asset Managers initiative, which commits the company to achieving Net Zero greenhouse gas emissions by no later than 2050 for its entire commercial real estate investment portfolio.

Key Points: 
  • BentallGreenOak (BGO) today announced that it is joining the Net Zero Asset Managers initiative, which commits the company to achieving Net Zero greenhouse gas emissions by no later than 2050 for its entire commercial real estate investment portfolio.
  • By joining the Net Zero Asset Managers initiative, BGO commits to supporting investing aligned with Net Zero emissions by 2050 or sooner.
  • Within one year, BGO will set an interim target for the proportion of assets to be managed in line with the target of Net Zero emissions by 2050 or sooner.
  • Visit BentallGreenOaks Sustainable Investing website to learn more about BGOs Net Zero commitment: www.bentallgreenoak.com/esg
    BentallGreenOak is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services.

Addenda Capital joins Net Zero Asset Managers Initiative

Monday, October 4, 2021 - 4:34pm

MONTREAL, Oct. 4, 2021 /CNW Telbec/ - Addenda Capital, a privately-owned investment management firm, is proud to announce today that it has joined the Net Zero Asset Managers Initiative, a global movement of financial institutions spurred by the goal of net zero greenhouse gas emissions by 2050 or sooner to limit global warming to 1.5 degrees Celsius.

Key Points: 
  • MONTREAL, Oct. 4, 2021 /CNW Telbec/ - Addenda Capital, a privately-owned investment management firm, is proud to announce today that it has joined the Net Zero Asset Managers Initiative, a global movement of financial institutions spurred by the goal of net zero greenhouse gas emissions by 2050 or sooner to limit global warming to 1.5 degrees Celsius.
  • The Net Zero Asset Managers Initiative, launched in December 2020, now includes nearly 130 signatories worldwide representing $43 trillion in assets under management.
  • Addenda Capital, a leader in sustainable investing, is part of a small number of Canadian firms that have signed on to help make a difference in preventing irreversible damage from climate change.
  • "For Addenda, the decision to join this global financial movement was the next logical step in the efforts we have made so far to foster a better outlook for future generations," saidRoger Beauchemin, President and Chief Executive Officer of Addenda Capital.

Aramco, Air Products, ACWA Power, and Air Products Qudra Sign Asset Acquisition and Project Financing Agreements for $12 Billion ASU/Gasification/Power Joint Venture in Jazan, Saudi Arabia

Monday, September 27, 2021 - 2:00pm

Aramco via its subsidiary Saudi Aramco Power Company (SAPCO) has a 20 percent share in the JV; Air Products 46 percent; ACWA Power 25 percent; and Air Products Qudra 9 percent.

Key Points: 
  • Aramco via its subsidiary Saudi Aramco Power Company (SAPCO) has a 20 percent share in the JV; Air Products 46 percent; ACWA Power 25 percent; and Air Products Qudra 9 percent.
  • Moreover, Air Products' total ownership position is 50.6 percent by owning an additional 4.6 percent through Air Products Qudra.
  • With the completion of these definitive agreements, all parties under the joint venture expect asset transfer and funding to occur during the month of October 2021.
  • Mohammed Al Qahtani, Senior Vice President of Downstream, Aramco said:"We are very pleased to reach this significant milestone.

IMA Announces 2021 Excellence Awards Winners

Friday, August 13, 2021 - 5:00pm

FORT LAUDERDALE, Fla., August 13, 2021 /PRNewswire-PRWeb/ -- The Incentive Marketing Association (IMA) presented its 2021 Excellence Awards during the IMA Summit Awards ceremony at the 2021 IMA Summit this week.

Key Points: 
  • FORT LAUDERDALE, Fla., August 13, 2021 /PRNewswire-PRWeb/ -- The Incentive Marketing Association (IMA) presented its 2021 Excellence Awards during the IMA Summit Awards ceremony at the 2021 IMA Summit this week.
  • The IMA Excellence Awards recognize development and delivery of outstanding non-cash incentive programs that motivate employees, win customers and improve sales.
  • Special thanks to the IMA Excellence Award judges who give of their time and support to make it possible to recognize and honor the great work of IMA members.
  • IMA is the umbrella organization for the Incentive & Engagement Solution Providers (IESP), Incentive Gift Card Council (IGCC), Incentive Manufacturers & Representatives Alliance (IMRA), Incentive Travel Council (ITC), and IMA Europe.