Climate Change

RESMAN Energy Technology Selected to Participate in the Utah FORGE Geothermal Project

Retrieved on: 
Wednesday, May 1, 2024

RESMAN Energy Technology is pleased to announce that its tracer technology is being used in the groundbreaking Utah FORGE geothermal project.

Key Points: 
  • RESMAN Energy Technology is pleased to announce that its tracer technology is being used in the groundbreaking Utah FORGE geothermal project.
  • With expectations of a drastic market increase for Enhanced Geothermal Systems (EGS) by 2030, the Utah FORGE project is poised to become an important test case for scaling geothermal technology globally.
  • “Utah FORGE is a global test case, and we aim to accelerate breakthroughs in EGS technologies and to establish rigorous, reproducible solutions that make geothermal energy possible anywhere in the world,” said John McLennan, Utah FORGE, Co-Principal Investigator.
  • Although there are many unknowns, we are confident in the transformative impact of our tracer technology,” said Partho Giri, Director of Global Operations, RESMAN Energy Technology.

Spire Global Secures Multi-Million Dollar Deal with Financial Firm for Weather Forecasts

Retrieved on: 
Monday, April 29, 2024

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, has entered into a multi-million-dollar deal with a financial firm.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, has entered into a multi-million-dollar deal with a financial firm.
  • Through this deal, Spire will build off of its recent collaboration with NVIDIA to leverage Earth-2, NVIDIA’s platform for weather and climate change modeling, to train and run AI weather models.
  • These models are projected to increase the accuracy of weather forecasts and produce long-range probabilistic forecasts at unprecedented speeds.
  • Spire’s suite of Weather and Climate solutions, including its recently launched High–Resolution Weather Forecasts, DeepVision™, global weather forecasts, proprietary data sources like ocean winds and soil moisture, and additional atmospheric weather datasets, serves customers across various industries including energy, logistics, utilities, agriculture and more.

Hyliion and Victory Execute Letter of Intent to Deploy up to 10 KARNO™ Generators to H2 Energy Group

Retrieved on: 
Monday, April 29, 2024

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, Victory Clean Energy Inc. (OTC : VYEY) ("Victory"), a trailblazer in the green hydrogen energy sector, today announced they have entered into a non-binding letter of intent (LOI).

Key Points: 
  • Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, Victory Clean Energy Inc. (OTC : VYEY) ("Victory"), a trailblazer in the green hydrogen energy sector, today announced they have entered into a non-binding letter of intent (LOI).
  • Under the terms of the agreement, Victory will purchase up to 10 KARNO generators, to be deployed in the Hydrogen production facilities of their subsidiary, H2 Energy Group (H2EG).
  • "Working with companies like Hyliion further strengthens our leadership in sustainability and enhances the efficiency of our hydrogen production facilities."
  • The LOI between Hyliion and H2 Energy Group is subject to the execution of a binding purchase agreement.

Union Pacific Highlights Commitment to Safety, Community and Sustainability in 2023 Building America Report

Retrieved on: 
Monday, April 29, 2024

Union Pacific Railroad today released its annual Building America Report, highlighting progress on key goals, including safety and sustainability, as well as the development and testing of a new cutting-edge hybrid battery-electric locomotive.

Key Points: 
  • Union Pacific Railroad today released its annual Building America Report, highlighting progress on key goals, including safety and sustainability, as well as the development and testing of a new cutting-edge hybrid battery-electric locomotive.
  • A key highlight in the report was Union Pacific’s partnership with ZTR, a leading rail technology company, to design and build hybrid-electric locomotives.
  • Union Pacific also improved on key safety metrics in 2023, underscoring its comprehensive and enhanced approach to safety.
  • Now fully comprehensive, the Building America Report will be released biennially, with a separate data supplement published annually.

How artificial intelligence can transform U.S. energy infrastructure with a new report from Argonne and partners

Retrieved on: 
Monday, April 29, 2024

But it is not impossible if we harness the transformative capabilities of artificial intelligence (AI) to help.

Key Points: 
  • But it is not impossible if we harness the transformative capabilities of artificial intelligence (AI) to help.
  • This is according to a groundbreaking new report issued by leading energy researchers and scientists from across America’s national laboratories.
  • It provides a bold framework for how the U.S. Department of Energy (DOE) can use AI to accelerate the nation’s clean energy transformation.
  • And help DOE achieve its mission to secure U.S. energy independence and security for decades to come.”
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240429400206/en/

Goldman Environmental Prize Honors Seven Outstanding Defenders of the Earth

Retrieved on: 
Monday, April 29, 2024

The Goldman Environmental Foundation today announced seven recipients of the 2024 Goldman Environmental Prize , the world’s foremost award for grassroots environmental activists.

Key Points: 
  • The Goldman Environmental Foundation today announced seven recipients of the 2024 Goldman Environmental Prize , the world’s foremost award for grassroots environmental activists.
  • Awarded annually to environmental heroes from each of the world’s six inhabited continental regions, the Goldman Environmental Prize honors the achievements and leadership of grassroots environmental activists from around the world, inspiring all of us to take action to protect our planet.
  • The Prize was founded in 1989 in San Francisco by philanthropists and civic leaders Rhoda and Richard Goldman.
  • Many have gone on to positions as government officials, heads of state, NGO leaders, and Nobel Prize laureates.

Melting Glaciers Creates Light Festival in the Alps

Retrieved on: 
Tuesday, April 30, 2024

The Water Light Festival in Brixen hopes the showcase of impressive light art works will make more people realize that the problems with climate change will affect all.

Key Points: 
  • The Water Light Festival in Brixen hopes the showcase of impressive light art works will make more people realize that the problems with climate change will affect all.
  • Situated in the Alps, the alarm bells are now on in Brixen, known for centuries to produce great food and its culture by the Italians and visitors.
  • A life that also is threatened by climate change, opposed to dystopia, a catastrophic scenario if we do not intervene.
  • “It doesn't often make us think when we lose glaciers in the Alps because they are part of our world.

Geopolitical Stability, Inclusive Growth, Energy Security Under Spotlight in Riyadh at World Economic Forum Special Meeting

Retrieved on: 
Monday, April 29, 2024

Riyadh convened global leaders today at the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development to host candid dialogues and outline bold steps to tackle the most pressing geopolitical, social and economic challenges facing humanity.

Key Points: 
  • Riyadh convened global leaders today at the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development to host candid dialogues and outline bold steps to tackle the most pressing geopolitical, social and economic challenges facing humanity.
  • View the full release here: https://www.businesswire.com/news/home/20240428317713/en/
    His Excellency Faisal Alibrahim, Saudi Minister of Economy and Planning, welcomes global leaders to Riyadh for the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development.
  • (Photo: AETOSWire)
    Speaking at the Special Meeting, His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy for Saudi Arabia, said a just and equitable energy transition will only be achieved by using a range of energy sources to diversify the global energy market.
  • Access to secure and reliable energy, he said, is crucial to enabling people and communities from emerging nations to achieve meaningful economic development.

Gecko Robotics and Al Masaood Energy Partner to Help ADNOC Gas Revolutionize Asset Operations and Maintenance with AI and Advanced Robotics

Retrieved on: 
Tuesday, April 30, 2024

Gecko Robotics and Al Masaood Energy today announced a multi-year contract with ADNOC Gas, an integrated gas processing company and a subsidiary of Abu Dhabi National Oil Company (ADNOC), one of the world’s largest integrated energy companies.

Key Points: 
  • Gecko Robotics and Al Masaood Energy today announced a multi-year contract with ADNOC Gas, an integrated gas processing company and a subsidiary of Abu Dhabi National Oil Company (ADNOC), one of the world’s largest integrated energy companies.
  • Gecko software platform, Cantilever, takes that data and combines it with operational data to allow for precision repairs and preventive maintenance.
  • “The partnership between Gecko and Al Masaood Energy serves as a compelling demonstration of how cutting-edge technologies can be instrumental in realizing the nation's ambitious net zero objectives” said Ahmad El Tannir, General Manager of Al Masaood Energy.
  • Gecko’s advanced data collection and analysis capabilities have also been shown to decrease carbon emissions in partnership with customers.

BeiGene Demonstrates Global Progress in 2023 Responsible Business & Sustainability Report

Retrieved on: 
Friday, April 26, 2024

BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company, released its 2023 Responsible Business & Sustainability Report highlighting the Company’s strategy, the progress it has made towards existing goals, and how it intends to achieve its bold new targets.

Key Points: 
  • BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company, released its 2023 Responsible Business & Sustainability Report highlighting the Company’s strategy, the progress it has made towards existing goals, and how it intends to achieve its bold new targets.
  • BeiGene’s Responsible Business & Sustainability Report highlights key achievements from 2023, including:
    Improved the percentage of women holding positions of Vice President and higher from 33% to 38% year over year.
  • “We are proud of the progress we’ve made on our priority areas in just a few short years,” said Christine Riley Miller, Global Head of Responsible Business & Sustainability at BeiGene.
  • We look forward to continuing our journey.”
    For more information about BeiGene’s Responsible Business & Sustainability strategy, achievements, and goals, please download a copy of the report here .