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Net Zero Carbon

French Firm TotalEnergies Expects RE Expansion in Future

French company TotalEnergies said on Monday that it expected a big rise in renewable-based electricity, solar and wind forms of energy, partly due to a general increase in electrification in the industrial and business world. TotalEnergies added it expected that oil in general would plateau before 2030, while natural gas would continue to play a […]

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Bord na Mona to Build ‘1st Irish Dedicated RE Business Park’

Irish utility service provider Bord na Mona (BnM) is planing to construct a 200MW-plus hybrid energy park — the “first Irish dedicated renewable-energy business park.” The semi-state company said that the so-called energy park will be developed on more than 7,400 acres of its landbank in counties Meath, Offaly and Westmeath. It is expected to potentially […]

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IRENA & GWEC Target 380 GW Offshore Wind Energy by 2030

The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) have signed the Global Offshore Wind Energy Compact, an agenda that aims to ensure sustainable energy for all, helping the global battle against climate change. The compact sets a target of 380 GW of energy from offshore wind, installed worldwide by 2030; by […]

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Shell Orders Singapore’s 1st Fully Electric Ferry Service from Penguin Intl

Anglo-Dutch energy giant Shell has awarded a contract to Singapore company, Penguin International Limited, to design, build and operate at least three fully-electric ferries which, when operational, will be the first fully-electric ferry service in Singapore and a first for Shell globally. Expected to set sail in the first half of 2023, the new 200-seater […]

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Shell Commits to RE Investments Worth $565 M in Brazil by 2025

Anglo-Dutch energy giant Royal Dutch Shell has committed to invest 3 billion reais ($565 million) by 2025 in renewable energy in Brazil, for which it has launched a new division, Shell Energy Brazil, in the country. Most of the capex is related to solar energy projects, Reuters reported executives as saying. The head of renewable development […]

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AIIB and IRENA Team-Up to Accelerate Asia’s Energy Transition

The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilize greater private capital for renewable energy. The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a […]

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Blue Bear Capital Raises $150 million For Investments in Cleantech Startups

Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for energy, infrastructure, and climate, has raised $150 million to invest in companies to help them build past the startup phase. Like Blue Bear’s first fund, the new fund will focus on digital technologies making an outsized impact in markets including wind, […]

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Battery Resourcers Secures $70 M to Expand Recycling Tech

Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, today announced the closing of its latest mid-round funding totalling $70 million. The company will use this latest funding round to advance and expand its sustainable, cutting-edge closed loop material production technology that accepts mixed input of scrap batteries and end of life batteries […]

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Scotland to Build Own Green Ports as UK Govt is ‘Not Cooperating’

UK Ministers will not commit to implementing green ports in Scotland that are underpinned by fair work conditions and net-zero ambitions, according to Business Minister Ivan McKee. As a result the Scottish Government will now progress plans to independently develop a green port model which is designed to meet the specific needs of Scotland’s economy. […]

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