BEIS

MHI and Worley Awarded FEED Contract for UK's First CO2 Capture Plant at a Cement Production Facility

Retrieved on: 
Tuesday, February 6, 2024

- It will capture and store up to 800,000 tons of CO2 annually from the cement plant flue gas by applying proprietary CO2 capture technology.

Key Points: 
  • - It will capture and store up to 800,000 tons of CO2 annually from the cement plant flue gas by applying proprietary CO2 capture technology.
  • This contract has been awarded in accordance with the progress made by the Padeswood CCS (carbon capture and storage) project planned for the site.
  • MHI was selected after working on the initial competitive Pre-FEED* project study awarded in 2022.
  • The CO2 capture plant could start operation in 2028.

MHI Selected as Technology Licensor for EET Industrial Carbon Capture Targeting UK's First Low Carbon Refinery

Retrieved on: 
Thursday, November 9, 2023

The project at Stanlow will capture CO2 emissions from the fluid catalytic cracker in the refinery process.

Key Points: 
  • The project at Stanlow will capture CO2 emissions from the fluid catalytic cracker in the refinery process.
  • The project is supported by HyNet, the carbon capture, utilization and storage (CCUS) cluster in northwest England.
  • The project at Stanlow targets 2028 as the start of operations of EET Industrial Carbon Capture.
  • Going forward, MHI Group will continue to respond to the decarbonization needs of diverse industrial sectors.

AtkinsRéalis ESG Report: A Journey to Engineer a Better Future For Our Planet and its People

Retrieved on: 
Monday, September 25, 2023

"Approximately half of our total revenues in 2022 were derived from projects contributing to a sustainable future and carbon free economy.

Key Points: 
  • "Approximately half of our total revenues in 2022 were derived from projects contributing to a sustainable future and carbon free economy.
  • In doing so, we are ultimately living up to our purpose: to engineer a better future for our planet and its people."
  • "The last year saw us take a number of measures to enhance accountability and introduce rigour to our ESG processes," said Hentie Dirker, Chief ESG and Integrity Officer, AtkinsRéalis.
  • Conducted a materiality assessment and realigned the Company's ESG priorities with its new purpose: "Engineering a better future for our planet and its people".

TEZZA App Announces 20M+ Downloads and Its Highest-Performing Year to Date, Nearing $32M in Revenue

Retrieved on: 
Tuesday, September 19, 2023

SANTA MONICA, Calif., Sept. 19, 2023 /PRNewswire/ -- TEZZA, a curated photo and video editing app that empowers people to unleash their artistic potential, today announced it reached 20 million downloads and will achieve its highest-performing year since launching in 2018.

Key Points: 
  • The app has gained more than 2.5 million active monthly users and a social media following of over 1.3 million.
  • Last month, TEZZA released Studio, a video-editing feature that lets content creators easily edit videos with carefully selected presets, vintage-inspired film effects and fonts.
  • Studio is the latest innovation from TEZZA founders Tessa "Tezza" Barton and Cole Herrmann, the husband and wife team who created the app and bootstrapped it into a multi-million-dollar company.
  • Barton and Herrmann eventually plan to expand opportunities for TEZZA creators to share and connect inside the app.

Ireland's Low Tax Advantage Boosting Data Center Construction - A Market Snapshot 2023

Retrieved on: 
Friday, July 28, 2023

The comprehensive database covers 27 existing data centers and 30 upcoming data centers in key locations including Belfast, Cork, Dublin, Ennis, Meath, Wicklow, and Clonee.

Key Points: 
  • The comprehensive database covers 27 existing data centers and 30 upcoming data centers in key locations including Belfast, Cork, Dublin, Ennis, Meath, Wicklow, and Clonee.
  • Leading colocation operators such as Echelon Data Centres, K2 Data Centres, EdgeConneX, Vantage Data Centers, Pure Data Centre, Energia Data Centre, and Equinix are actively investing in data centers within Ireland, driving the market's growth.
  • Ireland's corporation tax rate, one of the lowest in the EU at around 12.5%, is a significant advantage for data center construction and expansion in the region.
  • Dublin dominates the Ireland Data Center Market, accounting for over 90% of the existing rack capacity.

Global Intelligent Lighting Control Market Analysis 2023-2031: High Demand for Energy-Efficient Lighting Solutions Propels Growth

Retrieved on: 
Wednesday, July 26, 2023

Global Intelligent Lighting Control Market was valued at USD 12.16 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 23.64% through 2031.

Key Points: 
  • Global Intelligent Lighting Control Market was valued at USD 12.16 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 23.64% through 2031.
  • Intelligent lighting control systems have emerged as a key component of smart lighting solutions, offering the ability to adjust and optimize lighting levels, types, and properties in various spaces.
  • Considering there is a significant need for energy-efficient lighting solutions, the Intelligent Lighting Control Market is predicted to rise at a promising rate in 2023-2031.
  • Company Profiles: Detailed analysis of the major companies present in the Global Intelligent Lighting Control market.

Ireland Existing & Upcoming Data Center Portfolio 2023: Lower Corporation Tax Rates Favour Expansion and Construction

Retrieved on: 
Monday, June 12, 2023

Echelon Data Centres, K2 Data Centres, EdgeConneX, Vantage Data Centers, Pure Data Centre, Energia Data Centre, and Equinix are some colocation operators currently actively investing in data centers in the country.

Key Points: 
  • Echelon Data Centres, K2 Data Centres, EdgeConneX, Vantage Data Centers, Pure Data Centre, Energia Data Centre, and Equinix are some colocation operators currently actively investing in data centers in the country.
  • Ireland has a corporation tax rate of around 12.5%, making it the lowest in the EU (European Union).
  • The lowest tax rates favor data center construction and expansion in the region.
  • Regarding Geography, Dublin accounts for more than 90% of the existing rack capacity in the Ireland Data Center Market.

Watershed and KPMG Partnership Takes Aim at Advancing the Global Climate Agenda

Retrieved on: 
Tuesday, May 30, 2023

Watershed , the enterprise climate platform powering corporate climate action at the world’s leading companies, today announced an alliance with KPMG LLP, a leader in audit, tax and advisory services.

Key Points: 
  • Watershed , the enterprise climate platform powering corporate climate action at the world’s leading companies, today announced an alliance with KPMG LLP, a leader in audit, tax and advisory services.
  • Watershed's purpose-built software platform includes granular greenhouse gas measurements and seamless emissions disclosure backed by climate science.
  • KPMG provides tailored sustainability advisory, plus expertise in broader Environmental, Social, and Governance (ESG) data, process, control, and reporting.
  • We are working with them to navigate and simplify the complexities of their climate journey,” said KPMG Advisory Partner Mark Golovcsenko, ESG and Climate Strategy Leader.

Chubb Climate+ Appoints Tim Charters Climate Tech Practice Leader for the UK and Ireland

Retrieved on: 
Tuesday, May 9, 2023

LONDON, May 9, 2023 /PRNewswire/ -- Chubb today announced that Tim Charters has been appointed Climate Tech Practice Leader for the UK and Ireland (UKI), further strengthening the Chubb Climate+ leadership team.

Key Points: 
  • LONDON, May 9, 2023 /PRNewswire/ -- Chubb today announced that Tim Charters has been appointed Climate Tech Practice Leader for the UK and Ireland (UKI), further strengthening the Chubb Climate+ leadership team.
  • Charters joins Chubb from the civil service where he was corporate finance advisor for the UK government's Department for Business, Energy, and Industrial Strategy (BEIS) since 2019.
  • He will be based in London and will report to Louise Joyce, Head of Industry Practices, UK and Ireland, Chubb.
  • Charters's appointment, which is effective immediately, follows the launch in January of Chubb Climate+, the company's new global climate business unit.

Quinbrook Starts Construction of UK’s Largest Solar + Battery Storage Project

Retrieved on: 
Tuesday, April 25, 2023

Quinbrook Infrastructure Partners ("Quinbrook"), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition, announces construction start of Cleve Hill, the UK’s largest consented solar (373 MW) + battery storage (>150 MW) project.

Key Points: 
  • Quinbrook Infrastructure Partners ("Quinbrook"), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition, announces construction start of Cleve Hill, the UK’s largest consented solar (373 MW) + battery storage (>150 MW) project.
  • Located in Kent, this renewable power project is expected to be fully completed by the end of 2024.
  • In July 2022, Quinbrook announced the successful award of a 15-year Contract for Difference (“CfD”) in the UK’s latest CfD allocation auction to support financing for the project.
  • The CfD is indexed annually to CPI (base year 2012), and enables the project to benefit from the prevailing high inflationary environment.