15 teams from nine countries take home $1M Milestone awards in next stage of $100M XPRIZE Carbon Removal competition to innovate and scale solutions to fight climate change
LOS ANGELES--(BUSINESS WIRE)--XPRIZE, the leader in prize competitions to accelerate breakthroughs that benefit humanity, and the Musk Foundation announced today in celebration of Earth Day, that 15 teams have been designated as milestone winners in the $100M XPRIZE Carbon Removal competition. Each of the 15 milestone winning teams has been awarded $1M to recognize their efforts to date and support their continued work to scale solutions. The overall winners will be awarded $80M in 2025.
The XPRIZE Carbon Removal competition was launched to encourage carbon removal innovators to work on tackling the biggest threat facing humanity: fighting climate change and rebalancing Earth’s carbon cycle. This $100M competition, funded by Elon Musk and the Musk Foundation, is the largest incentive prize in history and the XPRIZE Carbon Removal teams represent the largest collection of innovators working on carbon removal. The milestone winners are representing Australia, Canada, France, Iceland, Kenya, the Netherlands, the Philippines, the United Kingdom and the United States. Unlike previous prizes, every team is still eligible to compete and win the grand prize.
The teams are pursuing a mix of known solutions and new approaches to carbon removal: ecosystem restoration, biochar, agricultural solutions, organic and inorganic ocean solutions, mineralization of mine tailings and naturally occurring minerals, direct air capture with geologic sequestration, agroforestry, soil carbon and more. Any solution is eligible to compete so long as it actually works, achieves net negative emissions, sequesters carbon dioxide durably over at least 100 years, and shows a sustainable path to ultimately achieving gigatonne scale. Crucially, the XPRIZE is not an ideas competition; it is an execution and demonstration competition. The submission process was extremely demanding by design, with a field of 1,133 teams narrowed to 287 teams meeting the eligibility criteria for the milestone awards. 70 expert reviewers screened and ranked the inbound proposals for scientific validity, and selected the top 60 teams. Judges went deeper on operations plans, performance data, life cycle analysis and cost estimates in order to ultimately select the top 15 teams taking home the interim $1M Milestone Awards.
“One year in, we already see the positive impact of the prize: hundreds of groups working on a wide range of promising carbon removal solutions. Not just ideas, but development and deployment plans, which is exactly what we need. The pace and depth of initiatives in carbon removal and other crucial climate solutions has never been greater, but we still need more—more and deeper emissions cuts, and more reliable, validated carbon removal solutions. That’s why we launched this prize in the first place,” stated Dr. Marcius Extavour, chief scientist and vice president of climate and environment at XPRIZE.
The 15 milestone winners, listed by primary solution type, include:
Air
Land
Ocean
Rocks
The competition now completely resets before the remaining $80M prize purse is awarded in 2025. Any team is eligible to win, whether they participated in this Milestone Round or not. Registration is open for any team interested in joining the competition to compete for the Grand Prizes. Registration closes on December 1, 2023. To win the Grand Prize, teams must demonstrate a working solution at a scale of at least 1,000 tonnes removed per year, model their costs at a scale of 1 million tonnes per year, and show a pathway to achieving a scale of gigatonnes per year in future, as validated by a third party. The Grand Prize winner and runners up will be announced on Earth Day 2025.
For more information on XPRIZE Carbon Removal, please visit xprize.org/carbonremoval.
About XPRIZE
XPRIZE is a global future-positive movement, delivering truly radical breakthroughs for the benefit of humanity. XPRIZE inspires and empowers a global community of problem-solvers to positively impact our world by crowdsourcing solutions through large-scale competitions, tackling the world’s grandest challenges in exploration, environment and human equity. Active competitions include the $100 Million XPRIZE Carbon Removal with Elon Musk, $15 Million XPRIZE Feed the Next Billion, $10 Million XPRIZE Rainforest, $10 Million ANA Avatar XPRIZE, $5 Million XPRIZE Rapid Reskilling, and $1 Million Digital Learning Challenge. Donate, sign up or join a team at xprize.org.
About The Musk Foundation
The Musk Foundation creates grants made in support of: renewable energy research and advocacy; human space exploration research and advocacy; pediatric research; science and engineering education; and development of safe artificial intelligence to benefit humanity.
Caden Kinard, 949-280-0182
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DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Satori Capital, a multi-strategy investment firm, announced today the launch of Satori Environmental, a long/short equity strategy that primarily invests in securities impacted by the global energy sector’s shift from fossil-based systems to renewable sources.
Satori Environmental actively manages a diversified portfolio of long and short positions intended to capitalize on the complex and dynamic forces driving the global energy transition.
“The transformation taking place in the energy sector is creating a wealth of opportunities, both long and short, for generating returns,” said Satori managing partner James Haddaway. “We believe capital markets are truly awakening to the tremendous long-term fundamentals for sustainable energy, and we feel very fortunate to be partnering with an expert who has the knowledge and experience to capitalize on breakout winners and losers in this sector.”
Satori Environmental is led by chief investment officer Paul Strigler, an 18-year veteran of the industry with highly specialized knowledge and relationships. Strigler has been exclusively focused on renewables and various sub-sectors since their public markets debut, and he has nurtured deep sector expertise and relationships with influential leaders in virtually every part of the industry. In June 2009, he helped launch what would become the longest-tenured renewables-dedicated hedge fund in the world. Over his 12-year tenure, that fund delivered strong, industry-leading absolute returns and significantly outperformed sector benchmarks.
“As far as we can ascertain, Paul Strigler’s longevity in this sector is unmatched,” said Haddaway. “As he likes to put it, he’s been doing this since it was just him and a couple of guys in Birkenstocks walking conference floors. Paul’s focus, experience, and expertise are key differentiators in this complex sector, a space where many investors who have dabbled in it have failed to generate strong returns. Paul has tracked, studied, and invested in this sector since before most investors knew it existed.”
Satori Environmental’s actively managed, long/short strategy is designed to strategically capitalize on the most important megatrends in the energy transition landscape. Its portfolio of long, medium, and short-term investments is diversified across a universe of more than 280 publicly traded companies comprising approximately $2.4 trillion of market capitalization.
Strigler partnered with Satori to launch Satori Environmental after years of mutual acquaintance. Through the partnership, Satori – a well-established firm with more than $1.25 billion in assets under management and a substantial team of professionals – efficiently manages all non-investment-related activities so that Strigler can focus exclusively on the investment portfolio.
“I am thrilled to join the Satori team and turn a valued long-term relationship into a true partnership,” Strigler said. “Satori’s uncompromising values, operational excellence, and commitment to the strategy align perfectly with the strong foundation I have built over the past 18 years. In a sector often inhabited by transient players and short-term tourists, I look forward to spending the remainder of my career capitalizing on the energy transition in a partnership built to endure.”
About Satori Capital
Satori Capital is a Texas-based multi-strategy investment firm founded upon the principles of conscious capitalism. Satori’s private equity business partners with leadership teams of companies with $5 million to $50 million of EBITDA that operate with a long-term perspective, commit to their mission or purpose, and create value for all stakeholders. Satori’s alternatives investment platform, Satori Alpha, creates and manages customized portfolios designed to meet the unique objectives of sophisticated private investors, family offices, and institutions. Through its Satori XL Partnership Program, Satori partners with managers that it believes are highly skilled at generating sustainable alpha and would benefit from Satori’s experience, relationships, and resources, all in support of building thriving and enduring businesses. For additional information, please visit www.satoricapital.com.
Ellen Henderson
(214) 390-6270
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LONDON--(BUSINESS WIRE)--#DAC--Earlier today, Project Hajar - a collaboration between UK-based Mission Zero Technologies (MZT) and Oman-based 44.01 - was recognised among the top fifteen $1M Milestone Prize winners revealed for the XPRIZE Carbon Removal competition: the largest incentive prize in history valued at $100M funded by entrepreneur Elon Musk and the Musk Foundation.
Project Hajar connects two complementary technologies to unlock gigatons of CO2 removal in the Al Hajar mountains of the Sultanate of Oman. The project, to be fully powered by renewables, combines MZT’s proprietary electrochemical direct air capture (DAC) technology with 44.01’s permanent sequestration capabilities via mineralisation in peridotite formations. CO2 will be energy-efficiently collected from the air and then transferred to peridotite underground – a mineral widely studied for its CO2 mineralisation potential and naturally abundant in Oman’s geology. Here, the natural weathering process is enhanced by the fastest mineral carbonation rates ever demonstrated in the field to deliver verifiable and permanent carbon removal.
“In the wake of the IPCC’s latest assertion that carbon removal is now necessary to achieve our global climate goals, we are thrilled that Project Hajar has been identified by the XPRIZE as a solution with the potential to scale and make meaningful impact,” said Karan Khimji, cofounder and CCO of 44.01. “The prize money will enable us to execute our vision for Project Hajar. The hard work starts now.”
Over 1,100 teams from around the world were registered for the competition and nearly 300 eligible projects were submitted for the Milestone Prizes earlier this year. This required teams to provide technical demonstrations of their proposed solutions at any scale and project the economics and lifecycle analysis for implementing their approach at both the 1000 ton/year and Megaton scales. 68 expert reviewers were tasked with screening applications targeting approaches in four broad categories: direct air capture (DAC), ocean-based solutions, land-based solutions, and mineralisation – Project Hajar encompasses both DAC and mineralisation (DACM). Shortlisted applications were then assessed in detail by competition’s 12 expert judges who selected the 15 Milestone Prize winners.
“One year in, we already see the positive impact of the prize: hundreds of groups working on a wide range of promising carbon removal solutions. Not just ideas, but development and deployment plans, which is exactly what we need. The pace and depth of initiatives in carbon removal and other crucial climate solutions has never been greater, but we still need more—more and deeper emissions cuts, and more reliable, validated carbon removal solutions. That’s why we launched this prize in the first place,” stated Dr. Marcius Extavour, chief scientist and vice president of climate and environment at XPRIZE.
The XPRIZE Carbon Removal competition’s $80M Grand Prize pool is due to be awarded in 2025 and requires all eligible teams to have delivered 1000 tons of verified carbon removal. Accordingly, the first phase of Project Hajar expects an early-2024 commissioning date for a minimum 1000 tCO2/year carbon removal operation with dedicated renewables on-site. The decentralisation required for 44.01’s onshore peridotite mineralisation operations synergises well with MZT’s modular and heat-free DAC process in a DACM model that can scale across Oman and the wider peridotite-rich region. Project Hajar is planned to be the first commercial-scale implementation of the combined DAC and mineralisation processes involved, with pilots due to be completed in advance.
“We are incredibly excited and humbled by Project Hajar receiving this recognition from the XPRIZE team and judges. Scaling carbon removal internationally is crucial, and this is a fantastic incentive to get us going”, said Shiladitya Ghosh, cofounder and CPO of MZT. “However, we know this is only one piece of the puzzle – many approaches are needed in tandem. We’ll do our part to keep the race for the Grand Prize a tight one.”
The award of this prize is seen as a glowing endorsement of UK- and Omani-led climate innovation potential as well as a catalyst for rapidly growing both startups to deliver Project Hajar on the timescales needed. MZT and 44.01 have previously received backing from corporate thought leaders in the space such as Stripe and Shopify and will now go from strength to strength. Both companies have exciting career opportunities open and welcome conversations from equipment vendors, project partners, and collaborators to scale and proliferate their DACM approach internationally.
About Project Hajar:
Project Hajar is an integrated direct air capture and mineralisation (DACM) project by MZT and 44.01, situated in Oman. It employs MZT’s modular, heat-free, and electrochemical DAC technology together with 44.01’s accelerated mineralisation process to unlock the Gigaton-scale carbon sequestration potential within the Al Hajar mountains. Visit https://www.project-hajar.com/ to learn more.
About MZT:
Based in London, UK, Mission Zero Technologies is a young and exciting DAC startup with a patent-pending breakthrough technology and is on a mission to close the carbon cycle. Since its incorporation in the summer of 2020 by spinning out from Deep Science Ventures, the company has won various accolades and has featured on multiple shortlists including the 2020 Diamond List. MZT is currently developing its first pilot for launch in 2023 in Thetford, UK, in partnership with O.C.O Technology and is planning a first commercial project, Project Hajar, with 44.01. Visit https://www.missionzero.tech to learn more.
About 44.01
44.01 is a team of passionate and driven environmentalists, more determined and motivated than ever to make a difference in the fight against climate change. Their innovative process permanently removes CO2 turning it into rock, stopping it from being re-released into the atmosphere forever. 44.01 does this by enhancing a nature-based mineralisation process and leveraging renewable energy to absorb the captured CO2 into peridotite rock. The climate crisis requires immediate attention, and it is 44.01’s ambition to have a positive global impact on the environment, people, and society by mineralising gigaton levels of CO2 by 2040. Visit https://4401.earth to learn more.
Shiladitya Ghosh
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WHITE PLAINS, N.Y.--(BUSINESS WIRE)--April 22, 2022 -- ITT Inc. (NYSE: ITT) today announced the construction of a photovoltaic lake at its largest factory in Barge, Italy, as the company ramps up its sustainability investments to reduce its carbon footprint. Consisting of approximately 3,000 solar panels, the “lake” will be about the size of four Olympic swimming pools.
The solar investment is expected to produce 1,065,200 kWh per year, covering 30% of the energy requirements for ITT’s Motion Technology Innovation Center, where the company primarily conducts research and development activities to support brake pad technologies. The lake is expected to reduce CO2 emissions by 372.8 tonnes per year, equivalent to the CO2 emissions generated by about 42,000 gallons of gas. The project is scheduled to be completed by the end of 2022.
“I’m proud to announce this new sustainability investment on Earth Day. Our $2.5 million investment is part of ITT’s long-term strategy to become a more sustainable company and reduce our carbon footprint by allocating capital to green projects. The solar lake is one example of our continuous effort to reduce energy consumption and contribute to protecting our environment. Above all, it’s the right thing to do,” said Luca Savi, Chief Executive Officer and President of ITT.
In 2021 and 2022, ITT allocated approximately 10% of its annual capital expenditures toward initiatives that drive energy efficiency, reduce water consumption, and lessen carbon emissions in its operations. These and other initiatives have helped the company reduce its greenhouse gas emissions and the amount of waste sent to landfills.
For additional information on ITT’s environmental, social, and governance commitments, please see the ITT SustainabilITTy 2021 Supplement.
About ITT
ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and energy markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in approximately 125 countries. For more information, visit www.itt.com.
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TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) ("Kontrol”) a leader in smart building technology, has been selected to provide ongoing building energy system management services to 9 new buildings, under multi-year service agreements, for 2 new commercial building customers.
“We are pleased to continue to add new customers under our recurring revenue platform and expand into 9 new buildings,” said Paul Ghezzi, CEO of Kontrol Technologies. “As energy costs continue to rise, our service and technology platform offers real-time energy management, monitoring and controls which can help run a more efficient building.”
Carbon Credit Update
Following the press release dated March 23, 2022, Kontrol intends to seek to monetize carbon credits from energy efficiency upgrades through the CSA Clean Projects Registry https://www.csaregistries.ca/ For each energy efficiency project which provides for a reduction in GHG emissions which can be quantified and verified, Kontrol will seek to create a verified carbon credit. The initial SmartSuite project referenced in Kontrol’s October 29, 2021 press release (link) is expected to be completed by the end of May 2022 and following completion, Kontrol expects that it will be submitted for carbon credit registration as part of Kontrol’s 2022 carbon credit projects. To quality for the CSA Clean Projects Registry independent verification is required subject to project performance.
About Kontrol Technologies Corp.
Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.
Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Forward-looking Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking statements in this press release include but are not limited to: statements with respect to Kontrol’s future business operations; future carbon credits through the CSA Clean Projects Registry; and timing of completion of certain projects.
Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company; the continuation of the CSA Clean Projects Registry; that the Company will be able to complete ongoing projects as currently anticipated or at all; and that technology will be as effective as anticipated.
However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that the Company’s technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company's product and service offering as expected; and government and regulatory factors impacting the energy conservation industry.
Kontrol Technologies Corp.
Paul Ghezzi
CEO
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Tel: (905) 766.0400
DUBLIN--(BUSINESS WIRE)--The "Today's U.S. Electric Power Industry, ISO Markets, and Power Transactions" training has been added to ResearchAndMarkets.com's offering.
If you have difficulty understanding the U.S. electric power industry and how power transactions are done, you are not alone.
This in-depth training program provides a comprehensive and clear explanation of the structure, function, and current status of today's U. S. electric power industry; the many industry topics listed below; and how PPAs and other power transactions are done.
Each part of this complex industry is explained piece-by-piece, and then the pieces are integrated so that you will finally understand "how it all fits together."
What You Will Learn
What You Will Also Learn
Prerequisites and Advance Preparation
This fundamental-level group live seminar has no prerequisites. No advance preparation is required before the seminar.
Program Level & Delivery Method
Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level. Delivery method is "Group-Live."
Key Topics Covered:
DAY 1
DAY 2
For more information about this training visit https://www.researchandmarkets.com/r/v831su
ResearchAndMarkets.com
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Verdox’s electrochemical carbon removal technology combined with Carbfix’s carbon mineralization approach was chosen among 1,133 registrants
BOSTON--(BUSINESS WIRE)--Verdox, an electric carbon capture and removal company, today was announced as a winner of the $1M XPRIZE Carbon Removal Milestone award as part of the Verdox & Carbfix team. This XPRIZE Carbon Removal competition, funded by Elon Musk and the Musk Foundation, is the largest incentive prize in history and the XPRIZE Carbon Removal teams represent the largest collection of innovators working on carbon removal. Phase two of the competition will see an additional $80M distributed among three winners in 2025.
The $1M Milestone awards were presented to 15 winners out of 1,133 registrants and 287 qualifying teams, which successfully completed the demanding submission process. Winning solutions were required to demonstrate the ability to achieve net negative emissions, sequesters carbon dioxide durably over at least 100 years, and show a sustainable path to ultimately achieving gigatonne scale. The inbound proposals were screened and ranked by 70 expert reviewers for scientific validity, which resulted in a selection of the top 60 teams. A panel of judges then dove deep into operations plans, performance data, life cycle analysis and cost estimates to select the Milestone award winners.
“We are delighted to receive this competitive award together with our partners at Carbfix. We believe carbon removal will be essential to humanity’s sustainable development, but it will never be deployed at a significant scale if the required energy and cost cannot be reduced significantly. We launched Verdox two years ago on the promise of our novel electrochemical carbon capture system, which has been shown to reduce the energy penalty for capture by up to 70%. XPRIZE’s recognition of Verdox and Carbfix’s combined potential is yet another signal that the future of carbon removal will be electric,” said Verdox CEO Dr. Brian Baynes.
“We’re immensely honored to receive such a solid recognition in this prestigious and highly competitive global competition,” said Edda Sif Pind Aradóttir, CEO of Carbfix. “We’ve already been applying our method of underground CO2 mineralization for 10 years. Presently, we are aiming for significant upscaling of our tried and tested technology, an ambition which will be greatly supported by our XPRIZE success and our excellent partnerships in those projects.”
About Verdox
Verdox is making scalable, cost-effective carbon capture and removal a reality. Founded in late 2019 by Dr. Brian Baynes, Prof. T. Alan Hatton, and Dr. Sahag Voskian, the company is commercializing its electroswing adsorption (ESA) platform technology, originally developed at MIT, to remove carbon dioxide from industrial emissions and the air with 70% energy savings versus conventional approaches.
About Carbfix
Carbfix is the world ‘s first CO2 mineral storage operator, celebrating 10 years since first tonne of CO2 was injected for mineralization. The Carbfix process injects water-dissolved CO2 and turns it into stone underground in under two years through technology that imitates and accelerates natural processes, providing a permanent and safe carbon storage solution.
Jonte Boysen; This email address is being protected from spambots. You need JavaScript enabled to view it.; +1 (617) 837-6837
Joins New Jersey Audubon’s Corporate Stewardship Council
Renews Partnership Agreement with The Nature Conservancy in New Jersey
Announces $35,000 Donation to Coastal Climate Initiative to Support Local Climate Projects
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR), parent company of New Jersey Natural Gas (NJNG), today marked Earth Day 2022 by announcing its membership in the Corporate Stewardship Council of the New Jersey Audubon. One of the state’s leading environmental advocacy organizations dedicated to conservation, biodiversity and the protection of wildlife and habitats, New Jersey Audubon created the Corporate Stewardship Council to provide member companies the opportunity to participate in habitat conservation.
The goals directly align with NJR’s efforts to promote environmental and natural resource stewardship and bolster its long-standing record of sustainability and climate leadership.
“Today, we reinforce our commitment and efforts to preserve and enhance the environmental future of New Jersey,” said Steve Westhoven, president and CEO of New Jersey Resources. “Our company will continue to be a sustainability leader by working toward our goal of net-zero operational emissions in New Jersey, leveraging our world-class infrastructure to decarbonize the energy we deliver to customers and continuing to invest in, and support, local climate solutions in the communities we serve.”
NJR also announced today it will provide $35,000 in new funding through the company’s Coastal Climate Initiative™ (CCI) to support local natural resource preservation and restoration projects that have a positive climate impact.
Launched on Earth Day 2021, the CCI was created to support local efforts to fight climate change beginning with the restoration of saltwater tidal wetlands along the coast of our service territory.
Over the past year, the program has already successfully raised nearly $30,000 from NJNG customer donations and a dollar-for-dollar company match, supporting the work of the Nature Conservancy in New Jersey and its partners in their efforts to restore saltwater tidal wetlands in the Barnegat Bay watershed, an iconic part of NJNG’s service territory at the Jersey Shore.
“It gives me hope carbon-storing habitats, like forests and marshes, can be our biggest ally in tackling climate change and helping natural and human communities adapt,” said Dr. Barbara Brummer, New Jersey State director for The Nature Conservancy. “We are grateful to New Jersey Natural Gas customers who are supporting our work to restore coastal salt marshes in our state’s back bays, and we thank New Jersey Resources for generously continuing its Coastal Climate Initiative.”
NJR and The Nature Conservancy in New Jersey recently renewed their partnership to continue supporting this important work – a key component of the CCI. This collaborative effort helps support the restoration and preservation of vital coastal ecosystems that sequester carbon emissions, protect coastal communities from extreme weather and serve as habitats for critical biodiversity along the Jersey Shore.
Today’s announcement builds on NJR’s strong record as a leader on environmental and climate issues across its businesses, including its goal to voluntarily achieve net-zero greenhouse gas emissions from its New Jersey operations by 2050. NJR achieved the following sustainability milestones over the past year:
To learn more about NJR’s commitment to sustainability, visit NJRSustainability.com.
About New Jersey Resources
New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:
NJR and its over 1,200 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®.
For more information about NJR:
Visit www.njresources.com.
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Planetary’s unique ocean-based carbon removal technology is one of only 15 winners awarded prize by prestigious panel of climate experts
DARTMOUTH, Nova Scotia--(BUSINESS WIRE)--Today, Planetary Technologies was awarded the XPRIZE Carbon Removal Milestone Award for its accelerated carbon transition platform. Planetary’s unique innovations leverage the planet’s ability to store carbon as a natural component of ocean chemistry. Planetary will use the $1 million prize to achieve a full-scale demonstration of its technology. Along with removing and storing carbon, Planetary’s carbon removal process also creates renewable fuel and restores some of the damage climate change has already caused in ocean ecosystems.
“We’ve developed a critical tool to restore our climate and our oceans,” said Planetary CEO Mike Kelland. “With XPRIZE’s validation of our technology, we can accelerate our development to reach our target scale of removing one gigaton of carbon every year.”
The $100M XPRIZE Carbon Removal challenge is a four-year global competition funded by Elon Musk and the Musk Foundation that invites teams to create and demonstrate solutions that can sequester carbon durably and sustainably. While more than 1,100 teams registered in the competition, only 15 were chosen as milestone winners, and Planetary is the only one with the four key benefits of a carbon transition solution: carbon removal from the atmosphere, green hydrogen production, mine waste clean up, and ocean restoration. The panel of over 70 expert, independent judges and reviewers is internationally recognized across the fields of carbon removal, climate innovation, energy transition technology and natural ecosystems.
"Shopify is proud to have been working with Planetary through our Sustainability Fund since early 2020, and as their first customer we're confident that their ACT Platform is a game changer for carbon removal,” said Stacy Kauk, Head of Sustainability, Shopify. “We are excited to continue helping them scale their solution and help reverse climate change.”
Planetary’s proprietary technology purifies mine waste into a mild, nontoxic antacid which is then released into the ocean through existing, regulated outfalls such as wastewater or stormwater streams where it is consistently monitored. When mixed with seawater, the antacid restores the ocean’s pH levels and accelerates the ocean’s natural process of pulling carbon dioxide from the atmosphere. Restoring the ocean’s balance also helps to reverse the damage caused by ocean acidification resulting from climate change.
As the mine waste is purified, clean hydrogen is produced as a by-product, allowing hard-to-decarbonize industries to limit their use of fossil fuel. The purification process also extracts metals that can be used in batteries, another important tool for a future low-carbon economy.
Planetary plans to open pilot plants in Quebec, Nova Scotia, and the UK in late 2022, which will demonstrate a scaled version of its patented process. The pilot plants will come online in phases in coordination with a major oceans research project and local partners to continually monitor local effects and fine-tune Planetary’s platform.
Planetary’s academic research partners include the University of Miami Basico2 project, an XPRIZE Carbon Removal Student Award Winner, the Plymouth Marine Lab, and Dalhousie University.
Prior to the XPRIZE award, Planetary had raised $7.8M CAD in funding and grants. Major investors include Innovacorp and Apollo Projects. Planetary is currently selling 3,000 carbon credits with retirement dates of 2027-2029. Shopify, through its Sustainability Fund, was the first purchaser of Planetary’s carbon credits.
Addressing the massive challenge of climate change requires a new approach - a planetary approach that accounts for the entire carbon cycle, from accelerated rock weathering to ocean capture and storage and each step in between. The XPRIZE Carbon Removal competition and milestone award demonstrate the huge potential of Planetary's accelerated carbon transition platform - the only system designed to remove billions of tonnes of carbon from the air annually and store it safely within ocean chemistry while restoring land and oceans and enabling industrial decarbonization through green hydrogen and battery metal production.
About Planetary Technologies
Planetary Technologies, Inc. (formerly Planetary Hydrogen) is a carbon removal leader and innovator headquartered in Nova Scotia, Canada. Planetary’s Accelerated Carbon Transition platform is a patented process that creates effective carbon removal at a gigaton-scale and reduces emissions through a clean alternative to fossil fuels. The company’s platform results in permanently sequestered carbon through Ocean Air Capture, ocean de-acidification and clean hydrogen. Planetary, is a winner of the XPRIZE Milestone Prize, is a graduate of the StartupYard accelerator by Innovacorp, the Cycle Momentum accelerator, and the Canadian Technology Accelerator, was a member of the first Carbon to Value Initiative cohort and is currently enrolled in Creative Destructions Lab’s 2022 Ocean cohort.
Chris Wilson
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DUBLIN--(BUSINESS WIRE)--The "Marine Seats Market Research Report by Component (Base, Footrest, and Pedestal), Ship Type, Seat Type, End User, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Marine Seats Market size was estimated at USD 2,146.82 million in 2021, USD 2,580.48 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 20.45% to reach USD 6,557.61 million by 2027.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Marine Seats Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Marine Seats Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Marine Seats Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Marine Seats Market?
4. What is the competitive strategic window for opportunities in the Global Marine Seats Market?
5. What are the technology trends and regulatory frameworks in the Global Marine Seats Market?
6. What is the market share of the leading vendors in the Global Marine Seats Market?
7. What modes and strategic moves are considered suitable for entering the Global Marine Seats Market?
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/jlot88
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Inaugural hydrogen summit focused on the future of hydrogen in our region
PITTSBURGH--(BUSINESS WIRE)--On April 13, leaders from Peoples Gas, an Essential Utilities Company (NYSE: WTRG), the Energy Innovation Center Institute and Bedford Funds hosted the inaugural H2 Summit: Fueling the Future to discuss the role of Western Pennsylvania Tri-State region’s world-class natural gas reserves in the development and commercialization of energy transition technologies. The Summit was an invitation-only event of over 100 CEOs, top-level executives and academics from around the region and country held at the Energy Innovation Center in Pittsburgh.
The event brought together key stakeholders in the natural gas and electric utilities, global energy companies, global private equity investing groups, regulators, and academia to stimulate discussion and action towards securing a hydrogen hub for the Western Pennsylvania region. Presentations and panel discussions included the transportation and distribution of hydrogen, technologies related to the production of hydrogen including carbon capture and funding opportunities.
“The ability to develop hydrogen as a low-carbon energy source is dependent upon the supporting infrastructure and the eventual cost of hydrogen supply,” said Michael Huwar, president of Peoples Gas. “The region has long been at the forefront of energy innovation with abundant natural gas reserves, ample interstate transmission lines, highly skilled labor and pioneering sources of capital. This is an exciting day and an exciting time. The attendees of the event are committed to the continued success of this region. We are excited at the prospect of emerging energy transition strategies and continuing to ensure the region shapes the future of energy.”
The Appalachian Basin, primarily spanning Pennsylvania, West Virginia and Ohio, contains two shale formations which account for more than one-third of all U.S. dry natural gas production. The basin is the third-largest natural gas producer in the world, behind Russia and the rest of the U.S.
Recently, the U.S. Department of Energy released Requests for Information to establish large-scale hydrogen hubs in the United States. The Summit was created to spur action to assist the region in securing one of these hydrogen hubs and facilitate networking between policymakers and experts from related industries to advance the use of hydrogen in our region.
About the Organizers
Peoples, an Essential Utilities company, provides natural gas service to approximately 750,000 homes and businesses in Western Pennsylvania, West Virginia and Kentucky. Peoples is committed to our customers, our employees, our environment and to the regions we serve. Essential is one of the largest publicly traded water, wastewater and natural gas providers in the U.S., serving approximately 5 million people across 10 states under the Aqua and Peoples brands. Essential is committed to excellence in proactive infrastructure investment, regulatory expertise, operational efficiency and environmental stewardship. For more information about Peoples and Essential Utilities, visit www.peoples-gas.com and www.essential.co.
The Energy Innovation Center Institute is a 501(c)3 organization created to help solve the world’s most intractable problems by advancing equitable and carbon free resiliency for humans, energy, and food systems. The EICI focus includes innovative workforce development programming and fostering advances in zero carbon energy technologies and systems. Since 2016, the EICI has hosted over 22,000 people from around the world at mission aligned conferences and events and have grown to become one of the largest and most effective workforce development organizations for minorities and others with barriers to workforce entry in the Commonwealth.
Bedford Funds is a private capital investment vehicle designed to deploy an investment strategy focused on buying, building, and operating a portfolio of low-carbon power systems, low carbon (CEA) food systems, and related technologies.
WTRGG
Erin O'Donnell
1-877-325-3477
DUBLIN--(BUSINESS WIRE)--The "Cumene: 2022 World Market Outlook up to 2031" report has been added to ResearchAndMarkets.com's offering.
The report is an essential resource for one looking for detailed information on the world Cumene market. The report covers data on global, regional and national markets including present and future trends for supply and demand, prices, and downstream industries.
In addition to the analytical part, the report provides a range of tables and figures which all together give a true insight into the national, regional and global markets for Cumene.
Global Market Report:
Report Scope
Key Topics Covered:
1. INTRODUCTION: CUMENE PROPERTIES AND USES
2. CUMENE MANUFACTURING PROCESSES
3. CUMENE WORLD MARKET IN 2016-2021
3.1. World cumene capacity
3.2. World cumene production
3.3. Cumene consumption
3.4. Cumene global trade
3.5. Cumene prices
4. CUMENE REGIONAL MARKETS ANALYSIS
Each country section comprises the following parts:
4.1. Cumene European market analysis
Countries covered:
4.2. Cumene Asia Pacific market analysis
Countries included:
4.3. Cumene North American market analysis
Countries under consideration:
4.4. Cumene Latin American market analysis
Countries overviewed:
4.5. Cumene Middle East market analysis
Countries examined:
5. CUMENE GLOBAL MARKET FORECAST
5.1. Cumene capacity and production forecast up to 2031
5.2. Cumene consumption forecast up to 2031
5.3. Cumene market prices forecast up to 2031
6. KEY COMPANIES IN THE CUMENE MARKET WORLDWIDE
7. CUMENE FEEDSTOCK MARKET
8. CUMENE END-USE SECTOR
8.1. Consumption by application
8.2. Downstream markets review and forecast
For more information about this report visit https://www.researchandmarkets.com/r/ur3ihl
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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CHICAGO--(BUSINESS WIRE)--The Carbon Capture Coalition Governance Board unanimously approved the membership of Holcim US, the nation’s leading cement and concrete building materials provider. Holcim is the first and only cement and concrete company to join the Coalition.
Convened by the Great Plains Institute, the Coalition is a nonpartisan collaboration comprised of more than 90 companies, unions and environmental policy organizations, building federal policy support for carbon capture technology deployment.
“Being at the forefront of developing low carbon solutions requires continuous innovative thinking and partnerships,” said Toufic Tabbara, Region Head North America, Holcim. “Our efforts are most effective when we can align and join forces with other companies and organizations across industries who share this same commitment. We are proud to be part of an organization that is similarly focused toward more efficient, innovative and sustainable practices.”
Holcim has made significant investments in the development of low carbon solutions and has been actively developing carbon capture feasibility studies. With significant support and grants from the United States Department of Energy’s National Energy Technology Laboratory (DOE-NETL), Holcim is assessing the viability and design of a commercial-scale carbon capture facility. The two studies are in collaboration with research institutions and corporate partners and being conducted at the Portland cement plant in Colorado, and the Ste. Genevieve cement plant in Missouri.
“As the world’s leading provider of building materials and solutions, Holcim’s commitment to deploying carbon management technologies is a perfect fit for the work of the Coalition,” said Jessie Stolark, Public Policy & Member Relations Manager for the Carbon Capture Coalition. “Scaling these technologies in the cement and concrete sector is not optional if we are to fulfill our climate obligations. Holcim’s leadership and commitment to net-zero emissions will be a tremendous asset to the Coalition. We look forward to working with Holcim as we continue to highlight the central role that carbon management technologies will play in meeting mid-century climate goals, decarbonizing domestic manufacturing and industry, and retaining and expanding a high-wage jobs base.”
The Coalition’s mission to reduce carbon emissions is in alignment with Holcim’s focus on enabling greener cities, empowering smarter infrastructure and improving living standards. To do so, Holcim offers a range of low-carbon and innovative cement, concrete, aggregates and asphalt products and services through operations in 43 states.
About Holcim
Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world’s most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.
In the United States, Holcim, includes close to 350 sites in 43 states and employs 7,000 people. Our customers rely on us to help them design and build better communities with innovative solutions that deliver structural integrity and eco-efficiency.
More information is available on www.holcim.us
Jocelyn Gerst
Holcim US
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Lauren Blalock
Pierpont Communications
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DUBLIN--(BUSINESS WIRE)--The "Australia Automotive Coolant Market by Vehicle Type, Product Type, Technology, Demand Category and Region: Forecast & Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.
The Australian Automotive Coolant Market was valued at USD 267.06 Million in 2019 and is forecast to grow at CAGR of over 9% in the next five years to reach USD 340.61 Million by 2025.
Anticipated growth in the market can be attributed to rising demand of passenger cars, coupled with increase in construction and mining activities in the country.
Moreover, improving economic conditions after COVID-19 outbreak, increase in disposable income and rise in financial status of the consumers are predicted to positively influence the growth of the market in the coming years. Majority of the high-performance vehicle manufacturing companies are in Australia and the automotive industry is expanding its business in Australia to decrease the import of passenger vehicles from other APAC countries which will offer a lucrative market for automotive coolant manufacturer through 2025.
The Australian Automotive Coolant Market is segmented based on vehicle type, product type, technology, demand category and region. Based on vehicle type, the market can be segmented into passenger car, commercial vehicle, two-wheeler and OTR. Based on vehicle type passenger car is expected to hold the largest share during the forecast period, due to growing registration of passenger car and increasing in ownership of vehicle post COVID.
In terms of product type, market can be segmented into ethylene glycol, propylene glycol and glycerol. Ethylene glycol is expected to hold major share during the forecast period, on account of low price, availability and demand in the market, so the majority of lubricant manufacturer prefer to use ethylene glycol for manufacturing of automotive lubricants.
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as automotive coolant manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Australia Automotive Coolant Market
4. Executive Summary
5. Voice of Customer
6. Australia Automotive Coolant Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheeler, OTR)
6.2.2. By Product Type (Ethylene glycol, Propylene glycol, Glycerol)
6.2.3. By Technology (Inorganic acid technology, Organic acid technology, Hybrid organic acid technology)
6.2.4. By Demand Category (OEM Vs. Replacement)
6.2.5. By Region
6.2.6. By Company
6.3. Market Attractive Index (By Vehicle Type)
6.4. Market Attractive Index (By Technology)
6.5. Market Attractive Index (By Region)
7. Australia Passenger Car Coolant Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Product Type (Ethylene glycol, Propylene glycol, glycerol))
7.2.2. By Technology (Inorganic acid technology, Organic acid technology, Hybrid organic acid technology)
7.2.3. By Demand Category (OEM Vs. Replacement)
8. Australia Commercial Vehicle Coolant Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Product Type (Ethylene glycol, Propylene glycol, glycerol))
8.2.2. By Technology (Inorganic acid technology, Organic acid technology, Hybrid organic acid technology)
8.2.3. By Demand Category (OEM Vs. Replacement)
9. Australia Two-Wheeler Coolant Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Size & Forecast
9.2.1. By Product Type (Ethylene glycol, Propylene glycol, glycerol))
9.2.2. By Technology (Inorganic acid technology, Organic acid technology, Hybrid organic acid technology)
9.2.3. By Demand Category (OEM Vs. Replacement)
9.3. Voice of Customers
10. Australia OTR Vehicle Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Size & Forecast
10.2.1. By Product Type (Ethylene glycol, Propylene glycol, glycerol))
10.2.2. By Technology (Inorganic acid technology, Organic acid technology, Hybrid organic acid technology)
10.2.3. By Demand Category (OEM Vs. Replacement)
11. Import-Export Analysis
12. Market Dynamics
12.1. Market Drivers
12.2. Market Challenges
13. Policy & Regulatory Landscape
14. Market Trends & Developments
15. Pricing Analysis
16. Australia Economic Profile
17. Competitive Landscape
17.1. Royal Dutch Shell PLC
17.2. Castrol Australia Pty. Ltd.
17.3. Chevron Australia Downstream Pty. Ltd.
17.4. Penrite Oil Co. Pty. Ltd.
17.5. Valvoline Australia Pty. Ltd.
17.6. Caltex Australia Ltd.
17.7. Total Oil Australia Pty. Ltd.
17.8. Nulon Products Australia Pty. Ltd.
17.9. ExxonMobil Corporation Ltd.
17.10. Fuchs Lubricants (Australasia) Pty. Ltd.
18. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/379ez1
ResearchAndMarkets.com
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The leader in transportation management innovation introduces a way for companies to track network emissions and execute targeted low carbon solutions to reduce their transportation carbon footprint
GREEN BAY, Wis.--(BUSINESS WIRE)--Breakthrough, a leading transportation technology solutions provider, today launched CleanMile, the first end-to-end scope 3 transportation emissions management solution for shippers across all industries.
Accessible through FELIX, Breakthrough’s premier transportation intelligence platform, CleanMile is the first solution to track, analyze, and report carbon emissions, create an emissions reduction roadmap, and execute actionable scope 1 and 3 transportation emissions reduction initiatives.
Many companies have set corporate sustainability goals to decrease emissions, but, until now, it has been difficult to reduce transportation-related emissions – a significant portion of overall emissions. Constituting roughly 90% of a company’s total emissions, scope 3 emissions are both the largest category of emissions and the most difficult to measure and improve. They are the result of activities from assets not owned or controlled by the organization, including transportation, which is typically a top contributor to a company’s total emissions.
“Organizations wanting to reduce scope 3 emissions historically had no way to inform, track or manage these initiatives,” said Heather Mueller, Chief Marketing and Product Officer of Breakthrough. “CleanMile enables shippers to gain control of transportation emissions by analyzing shipment-level data to inform reduction initiatives and working with our team to build and execute a reduction roadmap.”
CleanMile provides actionable and data-driven recommendations for emissions reduction based on a shipper’s transportation network and specific sustainability goals. The service provides a detailed picture of a transportation network’s lifecycle emissions, serving as a guide for future expansion. Informed by more than $22B in annual freight spend in the FELIX platform, CleanMile is the most comprehensive transportation emissions management solution on the market today, helping shippers drive real progress toward corporate sustainability goals.
An extension of Breakthrough’s core offerings, CleanMile brings transportation fuel management and network strategy together. This builds on Breakthrough’s unparalleled legacy of helping shippers increase transportation network efficiency and reduce spend via its suite of solutions, including Fuel Recovery, Network Intelligence, and Capac-ID.
“For nearly two decades, we’ve partnered with our clients to build and execute effective strategies in transportation energy and network management,” said Mueller. “As we look toward the future, we are proud to provide the solutions our clients need to truly take control of their transportation emissions and make their corporate sustainability goals a reality.”
On an annual basis, Breakthrough supports and processes more than 21 million shipments and more than 12 billion transportation miles across several industries including retail, automotive, food and beverage, consumer packaged goods, durable goods and pharmaceuticals. In 2021, Breakthrough Fuel Recovery clients reduced truckload and intermodal fuel spend by 20% and 58%, respectively.
To learn more about CleanMile, please visit breakthroughfuel.com/cleanmile.
About Breakthrough
Breakthrough is a leading innovator in transportation management, dedicated to creating transparent strategies for the world’s leading shippers. By leveraging a robust dataset of over $22 billion in annual freight spend, Breakthrough uncovers freight optimizations and removes distortion from traditional transportation practices. Together with its shipper clients, Breakthrough is transforming the transportation industry by building a more effective freight ecosystem. The company was named to Fast Company’s Most Innovative Companies in Logistics in 2021, is a recipient of the prestigious “Winning Through Innovation” award from Unilever, and is a five-time recipient of Procter & Gamble’s “External Business Partner Excellence Award.”
Kiley Ribordy
Walker Sands for Breakthrough
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SAN DIEGO--(BUSINESS WIRE)--All roads will lead to America’s Finest City, San Diego, for the Fully Charged Live North America Clean Energy and Electric Vehicle Show, set for September 10th and 11th.
Fully Charged Live is a global event that promotes clean energy and electric vehicles hosted by actor, author, presenter and YouTube sensation, Robert Llewellyn. The event debuted in 2020 and attracted thousands of visitors to the Austin, Texas, venue. Following a two year break, the event touted as The World’s No. 1 Clean Energy and Electric Vehicle show is billed to be bigger and better than before. San Diego is the third stop on the roster of the world event that will kick off in the United Kingdom in April and then move on to Amsterdam.
At least 10,000 visitors are expected to flock Fully Charged Live in San Diego, which will be hosted at the San Diego Convention Center. The event will feature over 100 exhibitors showcasing the latest clean energy and almost every electric vehicle available. There will be electric test drives, mini mobility test track with hundreds of rides and drives for the entire family. The Clean Energy and Electric Vehicle festival will also feature Giga and Mega theaters with 40 live sessions led by inspiring experts, and home energy advice and more.
“We are very excited to bring our clean energy and sustainability event to San Diego,” said Robert Llewellyn. “With the high level of electric vehicle purchases here and skyrocketing energy costs, we know all of Southern California will enjoy the event.”
Director of North America, Kevin Leap, is excited about the event coming to the city. He said: “After two years of hiatus, Fully Charged Live is exactly what Southern California’s clean energy industry needs to keep the wheels turning. The city is looking forward to hosting this event and we welcome all the benefits that come along with it.”
For further information, visit: https://fullycharged.live/us.
Media contact: Kevin Leap
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Secretaries Granholm & Walsh Joined by Members of Congress Meet LACI Start-up Founders & Green Workforce Graduates, Learn more about LACI’s Transportation Electrification Partnership
LOS ANGELES--(BUSINESS WIRE)--Energy Secretary Jennifer Granholm and Labor Secretary Marty Walsh put a spotlight on Los Angeles Cleantech Incubator’s leadership in creating an inclusive green economy through startup innovation, workforce training, and transportation electrification.
Led by LACI President and CEO Matt Petersen and joined by Congresswomen Linda Sanchez, Judy Chu and Norma Torres, as well as LA County Supervisor Hilda Solis, the two Cabinet secretaries talked with LACI startup founders and green jobs training graduates, while also learning about LACI’s groundbreaking Transportation Electrification Partnership. In 2021, LACI won two related US Department of Energy grants, including $1 million from DOE OTT EPIC for startup innovation through startup pilots, as well as $3.6 million from DOE VTO to increase the use of EVs for commercial delivery building on LACI’s Zero Emissions Delivery Zone pilot in partnership with the City of Santa Monica. LACI has also presented recommendations from the 2021 Green Jobs report (i.e., renewing green job tracking and definitions at the federal level) to Secretary Walsh’s senior staff.
The Secretaries discussed with LACI staff and entrepreneurs how the Biden Administration is fostering innovation through its Bipartisan Infrastructure law and a series of executive orders to grow the economy and restore America’s economic leadership in addressing the climate crisis.
“LACI is proud to host Secretaries Granholm and Walsh to showcase our entrepreneurs and programs, as well as highlight the work we have done with the Departments of Energy and Labor,” Matt Petersen said. “LACI is truly a national model for creating public private partnerships that move us towards a more inclusive green economy by accelerating equitable climate action. It says a lot about the importance of our work in Los Angeles that two Cabinet Secretaries wanted to see firsthand the ways in which we are unlocking innovation that will transform and grow our economy into a model of clean energy and equity for all.”
"What is really unique about LACI is that they are on both sides of the equation: Incubating these businesses and training the workforce for these businesses, with a lens of equity,” said Energy Secretary Granholm. “We want people to see the great opportunity in clean energy as a future. Those who are working in oil and gas, they have powered our nation for 100 years and we are grateful. But we want them to see themselves as powering our nation for the next 100 years as well, in clean energy. We know that the clean energy economy provides all kinds of jobs for people in all pockets of America.”
“Today we saw what is really required for a true clean energy transition. It requires innovations, investment, community engagement and especially workforce training. We saw today at LACI that it is possible to address the climate crisis in a way that expands opportunities,” said Labor Secretary Walsh. “The jobs the LACI’s startup companies are creating by developing and deploying technologies to make our communities healthier and stronger are great models that need to be deployed across the country. The possibility of creating good jobs for workers in communities that have been shut out in the past is the future that the Biden Administration is investing in and that LACI is demonstrating is absolutely achievable.”
“Without the work of LACI, without pilot funding, without being able to present our concepts to funders, ChargerHelp! would not be in 11 states expanding to 50 states. Charger help would not have 35 employees. ChargerHelp! would not be a black owned company that has raised 4.25 million in venture capital,” said the startup company’s CEO, Kamaele C. Terry. “Let’s offer hope: the opportunity to create a new workforce, a workforce that’s okay with getting dirty, and a workforce that’s okay with plugging in a laptop computer.”
“On behalf of LACI’s partners in the public and private sectors, I want to thank Secretary Granholm, Secretary Walsh, and the Biden Administration for their commitment to act on climate, the support of cleantech entrepreneurs and growing the green workforce, and embracing the critical role of zero emission transportation,” Petersen concluded. “We look forward to doing more to help advance climate equity and the Administration’s Justice40 commitment, such as through the EVs for All bill that LACI is sponsoring in Congress.”
The tour took the officials through La Kretz Innovation Campus—owned by the Los Angeles Department of Water and Power—in the Arts District in downtown Los Angeles, which is LACI’s home. The tour included a stop at LACI’s Advanced Prototyping Center where graduates of LACI’s innovative job training program shared their professional accomplishments and successes in green economy careers. On the tour, the Secretaries and members of Congress met the founders of Automotus, ChargerHelp!, ElectricFish, Electrum (formerly PickmySolar), Hive and URB-E.
About The Los Angeles Cleantech Incubator (LACI)
LACI is creating an inclusive green economy by unlocking innovation by working with startups to accelerate the commercialization of clean technologies; transforming markets through partnerships with policymakers, innovators, and market leaders in transportation, energy and sustainable cities; and enhancing communities through workforce development, pilots, and other programs. In the last ten years, LACI has helped 315 portfolio companies raise $695 million in funding and create over 2,480 jobs in the LA region, with a projected long-term economic impact on the LA region of more than $555 million dollars. Founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP), LACI is a non-profit recognized as one of the most innovative business incubators in the world by UBI. Learn more at laci.org.
Regan Keller
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Company collaborates with Asylum Hill Neighborhood Association to provide educational resources and raise awareness of pollinators’ role in urban ecosystem
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford is partnering with Earthwatch, an international environmental organization, on a citizen-science project to document pollinators with the goal of understanding if key species are declining and how climate change may be affecting pollinator populations. One area of focus for the Global Pollinator Watch program is understanding the ecological health of the City of Hartford’s Asylum Hill neighborhood.
The Hartford is collaborating with the Asylum Hill Neighborhood Association (AHNA), which has planted pollinator gardens in the community. Asylum Hill residents will serve alongside The Hartford’s employees as they volunteer to document pollinators by uploading the images to the iNaturalist app as data points to be analyzed by Earthwatch researchers.
“The Hartford recognizes the importance of pollinators in preserving a healthy ecosystem, sustaining plant life and contributing to food production, and we are proud to do our part to increase awareness and share information resources,” said The Hartford’s Head of Sustainability, Karen Jarmoc. “The Hartford continues to be a leader in addressing the drivers of climate change, including those that affect the pollinator population and their host plants.”
Pollination is vital to the global biodiversity of plant life, ecosystem sustainability and food production. The majority of the world’s flowering plants depend on pollinators, such as bees, butterflies, moths, bats and birds. However, populations of pollinators are shrinking because of pesticides, loss of habitat, climate variability, diseases, parasites, pollution and other factors1.
“The Asylum Hill Neighborhood Association has a very active group of environmentalists who have planted several Pollinator Gardens in Asylum Hill,” said AHNA Executive Director David MacDonald. “AHNA is very grateful for the support of The Hartford with the Earthwatch program. It will help us engage more of The Hartford’s employees in projects to strengthen Asylum Hill's environmental sustainability and document the impact of our pollinator gardens.”
The pollinator program builds on a long-standing partnership between The Hartford and residents of Asylum Hill and the City of Hartford. In 2020, The Hartford commemorated its 100th year of being headquartered in Asylum Hill with a $10 million, 5-year commitment to address top priorities of residents and non-profits based on findings from The Hartford’s Asylum Hill Neighborhood Survey. Respondents said the three most critical needs were housing stability, job readiness and greater public safety. Last year, The Hartford announced a $1 million grant to a housing initiative led by Northside Institutions Neighborhood Alliance (NINA), to make homeownership more accessible in Hartford’s Asylum Hill Neighborhood.
“Earthwatch is so pleased to be partnering with The Hartford on our Global Pollinator Watch program,” said Earthwatch’s Director of Research, Dr. Stan Rullman. “The Hartford’s employees will play a critical role in collecting pollinator data to help us better understand the health of pollinator communities, while identifying areas where pollinators could benefit from supportive interventions.”
About Earthwatch
Earthwatch is an international nonprofit organization that connects people with scientists worldwide to conduct environmental research and empowers them with the knowledge they need to conserve the planet. Since its founding in 1971, Earthwatch has been taking action to address global change through a time-tested model of citizen science and community engagement. By pairing individuals from all sectors of society with researchers around the world, Earthwatch teams have helped to safeguard critical habitats, conserve biodiversity, and promote the sustainable use of natural resources. For more information, visit Earthwatch.org.
About Asylum Hill Neighborhood Association
Formed in 1997, the Asylum Hill Neighborhood Association is the Neighborhood Revitalization Zone for the historic Asylum Hill neighborhood of Hartford. AHNA is resident-led with strong collaboration from our stakeholders in the community. The mission of AHNA is to empower and connect residents and stakeholders to improve the quality of life in Asylum Hill. AHNA’s recently adopted ten-year Strategic Plan sets out a bold vision of what Asylum Hill can become in the future.
About The Hartford
The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com.
The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.
HIG-C
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1 U.S. Department of Agriculture – Pollinators at a Crossroads, July 2021
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DUBLIN--(BUSINESS WIRE)--The "Global Sustainable Aviation Fuel Market 2022-2032" report has been added to ResearchAndMarkets.com's offering.
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Agreements are part of company’s sustainability and energy conservation initiative
MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL), a top 10 fiber provider, today announced the signing of its first two community solar agreements. The use of climate-friendly energy is an important part of the Company’s growing sustainability efforts and helps ensure its continued stewardship of the environment.
When businesses, organizations or individuals subscribe to solar farms, the clean energy produced is fed directly to the utility grid, generating credits on subscribers’ electric bills for the value of the energy generated by their share of the farm. Community solar also benefits local economies by creating jobs, increasing tax revenues and generating income to support landowners.
Following conversations with multiple community solar developers across the company’s service area, Consolidated signed long-term agreements in Maine and Minnesota. The commitments, arranged with assistance from Insight Energy, increase the availability of clean power and help address climate change efforts.
In Maine, Consolidated is subscribed to 5.3 MW of solar capacity located in Versant Power. Its subscription is expected to generate approximately 6,470,335 kWh annually, enough to power 603 average U.S. households for a year,1 and will be supported by 409 company properties in the state.
In Minnesota, Consolidated is participating in the Solar*Rewards Community Program, the nation’s largest community solar program, administered by Xcel Energy. The company is subscribed to eight local solar gardens for nearly 2.6 MW of solar capacity, which is expected to generate approximately 3,092,466 kWh annually. This is enough to power 288 average U.S. households for a year.2
The energy generated from the two subscriptions is the equivalent of greenhouse gas emissions from nearly 763,000 gallons of gasoline consumed.3
“These commitments represent an important step in our journey to continue building a robust, sustainable business while reducing our environmental footprint,” said Bob Udell, Consolidated’s president and chief executive officer.
This year, the company is undertaking a more formalized study of its emissions footprint, beginning with the establishment of a Scope 2 emissions baseline. This baseline will help Consolidated measure and work toward reducing its overall Scope 2 emissions through future initiatives and programs.
The company has also embarked on a project to upgrade lighting to LED across more than 400 locations, as well as a range of other energy conservation measures to improve efficiency and drive further operational emission reductions. It is also establishing critical environmental goals around water consumption and waste, reuse and recycling programs -- key areas within its everyday operations.
“At Consolidated, we’re working hard to sustainably deliver the critical broadband infrastructure our customers and communities rely on,” said Eric Dunmire, senior director of facilities at Consolidated Communications. “These agreements allow Consolidated to contribute to cleaner energy for our communities and protect our environment in a cost-competitive way.”
More information on the company’s environmental commitment and goals, notable accomplishments and progress on important initiatives is available at consolidated.com/esg.
About Consolidated Communications
Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) is dedicated to moving people, businesses and communities forward by delivering the latest reliable communications solutions. Consumers, businesses and wireless and wireline carriers depend on Consolidated for a wide range of high-speed internet, data, phone, security, cloud and wholesale carrier solutions. With a network spanning more than 50,000 fiber route miles, Consolidated is a top 10 U.S. fiber provider, turning technology into solutions that are backed by exceptional customer support. Learn more at consolidated.com. Connect with us on social media.
1 https://www.eia.gov/tools/faqs/faq.php?id=97&t=3
2 https://www.eia.gov/tools/faqs/faq.php?id=97&t=3
3 Calculation derived from the Environmental Protection Agency’s Greenhouse Gas Equivalencies Calculator - https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator
Jennifer Spaude, Consolidated Communications
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Shannon Sullivan, Consolidated Communications
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