Technology: Page 14
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Rooftop heat pump technologies can save US businesses $5B annually: DOE
A new commercial heat pump accelerator program aims to halve greenhouse gas emissions and energy costs compared with natural gas-fueled heat pumps, the U.S. Department of Energy says.
By Nish Amarnath • April 11, 2024 -
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Chevron leads $45M investment in carbon removal company Ion Clean Energy
The energy giant made the investment through its New Energies division, in collaboration with Carbon Direct Capital.
By Lamar Johnson • April 10, 2024 -
Explore the Trendlineâž”
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TrendlineTop 5 stories from ESG Dive
This year has shaped up to be a formative one for ESG, from the U.S. pulling out of major climate agreements to federal agencies recalibrating their approach to sustainability under the new administration.
By ESG Dive staff -
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OpinionGrid reliability’s core challenge is governance, not a changing resource mix
An outdated and parochial oversight system is the biggest threat to U.S. grid reliability.
By Alexandra Klass, Josh Macey, Shelley Welton and Hannah Wiseman • April 5, 2024 -
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Southwest Airlines acquires DOE-backed SAFFiRE Renewables
The airline’s acquisition of the corn parts-to-ethanol producer pairs with a prior investment in ethanol-to-SAF producer LanzaJet.
By Lamar Johnson • April 3, 2024 -
Courtesy of Mainspring Energy
Schneider Electric to use Mainspring Energy’s fuel-flexible generator to speed access to clean power
The generator's modularity and potential capacity represent a “sweet spot” for industries with growing interest in microgrids, including logistics and data centers, said a senior vice president for microgrids at Schneider Electric.
By Emma Penrod • April 3, 2024 -
Felbaba Volodymyr via Getty Images
Goldman renewables spinoff MN8 Energy secures $325M investment
Ridgewood Infrastructure and Switzerland-based Mercuria Energy both secured observer seats on the renewable energy company’s board of directors as part of the transaction.
By Lamar Johnson • April 2, 2024 -
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White House funds $6B to decarbonize US industrial sector
The Department of Energy offered grants for 33 projects in eight historically high carbon-emitting industries such as aluminum, concrete and chemicals.
By Joelle Anselmo • April 2, 2024 -
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Ørsted, Avangrid and two others submit bids to first-ever 3-state offshore wind solicitation
The five proposed projects total 5,455 MW of potential capacity.
By Diana DiGangi • April 1, 2024 -
Courtesy of Nissan Motor Co. Ltd
Nissan’s new EV plan aims for significant cost reduction
‘The Arc’ plan includes launching new EVs, manufacturing improvements and the adoption of new technologies to boost global sales.
By Eric Walz , Michael Brady • March 29, 2024 -
Galina Shafran via Getty Images
Sustainable sourcing platform Circular eyes expansion with $10.5M in funding
Circular plans to expand internationally, add employees and introduce materials besides plastics to the platform.
By Katie Pyzyk • March 28, 2024 -
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EPA softens vehicle emissions standards in win for automakers
The final rule steadily tightens the requirements, giving automakers more time to ramp up EV sales.
By Michael Brady • March 21, 2024 -
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South Fork Wind becomes first US utility-scale offshore wind farm to complete construction
The completion of Ørsted and Eversource’s 130-MW project gets New York closer to its goal of deploying 9 GW of offshore wind by 2035.
By Diana DiGangi • March 20, 2024 -
Courtesy of Spiritus
Los Alamos-based Spiritus to launch large-scale carbon capture facility
The Orchard One facility aims to capture and sequester up to 2 megatons of carbon dioxide from the atmosphere annually, once operational.
By Zoya Mirza • March 19, 2024 -
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Google pledges to buy $35M in carbon removal credits, matches DOE
The tech giant’s commitment builds on the Department of Energy’s initiative to scale the carbon removal purchase sector.
By Zoya Mirza • March 18, 2024 -
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KKR announces $3B takeover of European renewable energy producer Encavis
The independent power producer said it will also up its 2027 operating capacity target to 7 gigawatts.
By Lamar Johnson • March 18, 2024 -
Permission granted by Clean Energy Fuels
Deep DiveHow a new wave of clean fuels bills could spur a biogas boom
New Mexico just became the fourth state to enact a program, which has the potential to give biogas projects from landfills and on-farm digesters a boost. Could more states soon follow?
By Jacob Wallace • March 18, 2024 -
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Renewable energy M&A is entering a new paradigm, LevelTen Energy says
The latter half of 2023 saw a significant slowdown in M&A transactions, which LevelTen Energy believes signals a shift in strategy among renewable energy developers.
By Emma Penrod • March 12, 2024 -
Phil Augustavo via Getty Images
Slowing wind installations threaten emissions progress under the IRA: report
More action on transmission may be needed for the Inflation Reduction Act to reach its full potential on climate, but the success of solar and batteries in particular could also hold policy lessons, an Energy Innovation report said.
By Emma Penrod • March 1, 2024 -
Courtesy of Mercedes-Benz AG
Mercedes-Benz delays EV goal amid slowing demand
Low-cost EV sales are growing faster than more expensive luxury models, a company executive said.
By Michael Brady • Feb. 28, 2024 -
Jeenah Moon via Getty Images
Microsoft closes on 6-year carbon removal deal with Catona Climate
The tech giant will purchase carbon removal credits generated through an agroforestry project based in Kenya, working toward its 2030 goal to become carbon negative.
By Zoya Mirza • Feb. 23, 2024 -
Sean Gallup via Getty Images
Businesses face significant data collection hurdles while meeting ESG reporting requirements, KPMG says
In a survey across industries, KPMG found that nearly half of respondents were using spreadsheets to manage ESG data.
By Suman Bhattacharyya • Feb. 23, 2024 -
Artem Peretiatko via Getty Images
Exclusive: Carbon management platform Gravity Climate joins ESG Data Convergence Initiative
“The world of private equity has a massive opportunity to influence so many different companies that don't necessarily receive direct pressure,” Gravity Climate’s CEO told ESG Dive.
By Lamar Johnson • Feb. 20, 2024 -
Damien Verrier via Getty Images
US clean energy sector is breaking records but presidential election, other challenges loom: WRI
“Policymakers, regulators, developers and manufacturers must double down on their efforts to address key challenges,” said the World Resources Institute in a report.
By Diana DiGangi • Feb. 15, 2024 -
Laurence Dutton via Getty Images
International Finance Corporation unveils AI-powered tool for ESG analysis
MALENA can analyze unstructured text from annual reports, sustainability reports, news and impact assessments, according to the IFC.
By Zoya Mirza • Feb. 14, 2024 -
Nic Antaya via Getty Images
GM hires former Tesla exec to lead EV battery strategy
Kurt Kelty was heavily involved in creating Tesla’s first Gigafactory and has been working on lithium-ion batteries since he worked at Panasonic in 1993.
By Michael Brady • Feb. 14, 2024
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