(IN BRIEF) STMicroelectronics and SP Group have inaugurated Singapore’s largest industrial district cooling system at ST’s Ang Mo Kio TechnoPark, developed in partnership with Daikin Airconditioning (Singapore). The advanced system, capable of reducing carbon emissions by 120,000 tonnes annually and … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology
Tagged 000 Tonnes of Emissions, Ang Mo Kio TechnoPark, carbon neutrality, Chua Ban Hong, clean energy, Daikin Airconditioning Singapore, decarbonization, district cooling system, EMIS, energy efficiency, Green Mark Platinum, industrial cooling, low carbon transition, net zero Singapore, PFC abatement, Rajita D’Souza, Singapore sustainability, Singapore’s Largest Industrial Cooling Project Launches at STMicroelectronics’ TechnoPark to Cut 120, smart metering, SP Group, Stanley Huang, STMicroelectronics, STMicroelectronics Partners with SP Group and Daikin to Pioneer Sustainable Cooling for Carbon-Neutral Manufacturing, sustainable manufacturing, Toa Payoh site, VOC abatement, water reclamation
(IN BRIEF) EDF has partnered with Terra Firma Energy to optimise its 5MW Droitwich flexible generation plant and manage all of the company’s operational assets across the UK. Through EDF’s Powershift optimisation platform and market trading expertise, the partnership will … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Technology, United Kingdom
Tagged ancillary services, Balancing Mechanism, Droitwich, EDF, EDF and Terra Firma Energy partner to enhance portfolio performance and grid flexibility across the UK, EDF partners with Terra Firma Energy to optimise 5MW Droitwich plant and manage full UK asset portfolio, energy optimisation, energy security, flexible generation, grid flexibility, low carbon transition, Powershift platform, renewable integration, Stuart Fenner, Terra Firma Energy, UK power system, wholesale energy market, Zach Dodds-Brown
(IN BRIEF) The European Investment Bank (EIB) has granted €25 million in financing to Tecnocap, a global leader in metal packaging, to fund projects improving energy efficiency and expanding renewable energy generation. The investments, focused mainly on Tecnocap’s Italian facilities … Read the full press release
Posted in Banks, Business, Czech Republic, Environment, Financial, Industrial, Investment, Italy, Luxembourg, News, Technology
Tagged Alberto Nobili, Banca Finint, Clean Industrial Deal, Cohesion Regions, Czech Republic, EIB, EIB and Banca Finint support Tecnocap with green financing to modernise production and accelerate renewable energy self-generation, EIB provides €25 million financing to Tecnocap to boost energy efficiency and renewable generation in Italy and Czech Republic, energy efficiency, European Investment Bank, Gelsomina Vigliotti, green investments, industrial competitiveness, InvestEU, Italy, low carbon transition, metal packaging, Michelangelo Morlicchio, Mid-Cap companies, Photovoltaic Systems, renewable energy, REPowerEU, sustainable industry, Tecnocap
(IN BRIEF) MOL Group has begun geothermal energy exploration at its Danube Refinery in Százhalombatta, using 3D seismic surveys to identify potential high-temperature groundwater resources. The project could make refinery operations more sustainable by replacing part of its energy demand … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged 3D seismic survey, Danube Refinery, Dávid Kapes, Emissions Reduction, energy efficiency, geothermal energy, GREEN HYDROGEN, Krisztián Pulay, low carbon transition, MOL Group, partnership, solar park, sustainability, sustainable refinery operations, Százhalombatta
(IN BRIEF) UBS has withdrawn from the Net-Zero Banking Alliance after an annual review of its sustainability-related memberships, citing strengthened internal capabilities and the maturity of decarbonization frameworks as reasons for its decision. The bank, a founding member of the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Marketing, News, Switzerland, Technology
Tagged climate risk management, Climate Strategy, decarbonization frameworks, environmental responsibility, financed emissions, low carbon transition, Net-Zero Banking Alliance, NZBA, Protect Grow Attract, sustainability, Sustainable Finance, UBS, wealth management, Zurich
(IN BRIEF) Fortum will supply green hydrogen to P2X Solutions under a new sales agreement, with hydrogen produced at Fortum’s 2 MW Kalla test center in Loviisa. P2X Solutions will handle onward distribution to its customers. This partnership strengthens Finland’s … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged Finland, Fortum, GREEN HYDROGEN, Herkko Plit, Hydrogen Logistics, Kalla test center, Loviisa, low carbon transition, P2X Solutions, partnership, Satu Sipola, sustainabiity
(IN BRIEF) The European Investment Fund (EIF) has committed €40 million to HAVN Capital II, a Norway-based private equity fund targeting €250 million to invest in companies advancing renewable energy, electrification, and energy efficiency in Northern and Western Europe. The … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Norway
Tagged EIF, Europe, HAVN Capital II, low carbon transition, Norway, partnership, sustainability, Thomas Östros, Tomas Hvamb
HSBC to align its portfolio of financed emissions to the Paris Agreement goal to achieve net zero by 2050 HSBC to target net zero in operations and supply chain by 2030 (PRESS RELEASE) LONDON, 9-Oct-2020 — /EuropaWire/ — British multinational … Read the full press release
Posted in Banks, Economy, Environment, Financial, Investment, News, United Kingdom
Tagged Ankit Patel, carbon emissions, cleantech, climate solutions, financed emissions, financing, Gillian James, HSBC, investment, low carbon economy, low carbon transition, May Kek, net zero, net zero global economy, Noel Quinn, Paris Agreement goal, resilience, Robert Sherman, sustainable infrastructure, TCFD
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