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Aemetis California Ethanol Plant Drives Substantial Carbon Intensity Reduction using Praj Low-Carbon MVR System
Prism Media Wire· 2025-10-07 12:02
Core Insights - Aemetis is advancing decarbonization at its Keyes, California ethanol plant through a $30 million energy efficiency upgrade that integrates a Mechanical Vapor Recompression (MVR) system supplied by Praj Industries [2][4] - The MVR system is expected to significantly reduce carbon intensity, enhance energy efficiency, and improve profitability for Aemetis [5][11] - The project has received approximately $19.7 million in grants and tax credits, supporting its financial viability and alignment with California's clean energy goals [4][11] Company Overview - Aemetis, Inc. is a renewable natural gas and biofuels company focused on innovative technologies that lower fuel costs and reduce emissions, operating a 65 million gallon per year ethanol production facility in California [7] - The company is also involved in a Dairy Renewable Natural Gas (RNG) program and is developing a carbon sequestration project and a renewable diesel fuel biorefinery [6][7] Project Details - The MVR system is projected to reduce natural gas usage at the Keyes plant by approximately 80% and generate an estimated $32 million of incremental annual cash flow from energy savings and increased revenues [11] - The project completion is scheduled for Q2 2026, and it aims to deliver a double-digit reduction in the carbon intensity of the plant's fuel ethanol, increasing LCFS credits [5][11] Strategic Partnerships - Praj Industries has been a technology partner to Aemetis for over a decade, contributing to the deployment of advanced low-carbon solutions [4] - Centuri Holdings is responsible for the project execution and implementation, aligning with sustainability goals [4][9]
MAX Power Partners With PRmediaNow to Expand Global Reach and Accelerate Natural Hydrogen Leadership
Globenewswire· 2025-10-06 12:45
Core Insights - MAX Power Mining Corp. has signed a one-year strategic communications agreement with PRmediaNow to enhance its global media presence as it aims to become a leader in Natural Hydrogen [1][6][8] Company Overview - MAX Power is focused on the Natural Hydrogen sector, holding approximately 1.3 million acres (521,000 hectares) of permits for exploration, with initial drilling set to commence in Q4 2025 [10] - The company is also involved in critical minerals exploration, highlighted by a recent discovery at the Willcox Playa Lithium Project in Arizona [10] Strategic Partnership - PRmediaNow is an award-winning public relations firm that will help MAX Power secure media coverage across various business and financial channels [3][7] - The partnership is timely as MAX Power prepares for Canada's first multi-well Natural Hydrogen drill program, marking a significant milestone for the company and the clean energy sector [7][8] Media Engagement Initiatives - Cyndi Edwards from PRmediaNow will host a new video series called "The MAXX Minute" to keep shareholders and potential investors updated on company developments [4][5][7] - The collaboration aims to effectively communicate the benefits of Natural Hydrogen and the company's progress to a global audience [5][8] Financial Terms - MAX Power will compensate PRmediaNow $5,000 per month, plus taxes, and has granted stock options for 150,000 common shares at a price of 40 cents per share, valid for two years [6]
Property Play: Prologis, Amazon and Meta sign low-carbon concrete pact
CNBC· 2025-10-05 14:05
Core Insights - The article discusses the formation of the Sustainable Concrete Buyers Alliance (SCoBA) by major companies like Amazon, Meta, and Prologis to promote low-carbon concrete production [3][5] - Concrete manufacturing, particularly cement production, is responsible for approximately 8% of global greenhouse gas emissions, highlighting the need for sustainable practices in the industry [2] Group 1: Formation of SCoBA - Major real estate companies are collaborating to leverage their purchasing power for low-carbon concrete, aiming to financially support sustainable production [3][5] - The alliance is led by nonprofits RMI and the Center for Green Market Activation, focusing on channeling investments into off-take agreements for low-carbon cement producers [4][6] Group 2: Market Challenges - The primary challenge is the scale of production; large cement suppliers face high costs in retrofitting their plants for decarbonization and require legitimate market demand to justify investments [7] - The alliance aims to create a favorable market environment for low-carbon concrete producers, facilitating the growth of their technologies and businesses [5][6]
Empire Asset Management Adjusts Rating for Brookfield Asset Management (NYSE:BAM)
Financial Modeling Prep· 2025-10-03 18:06
Group 1 - Empire Asset Management adjusted its rating for Brookfield Asset Management (BAM) to Neutral, maintaining a hold action, with BAM's stock price around $57.35 [1][5] - Bank of America revised its price target for BAM, lowering it from $68 to $67 [1] - BAM's business model is characterized as high-growth and asset-light, leveraging trends such as digital infrastructure, deglobalization, and decarbonization [2] Group 2 - In Q2, BAM reported a 16% year-over-year increase in fee-related earnings, supported by significant capital inflows of $97 billion over the past year [2][5] - The current price-to-distributable earnings (DE) multiple for BAM is 38x, but projected annual DE growth of 18% could reduce this multiple to 16x by 2030 [3][5] - BAM's stock price fluctuated between a low of $56.86 and a high of $57.38 on the day, with a market capitalization of approximately $92.5 billion [4]
MAX Power Establishes Saskatchewan Headquarters to Lead Canada's Natural Hydrogen Breakthrough
Globenewswire· 2025-10-03 14:00
Core Insights - MAX Power Mining Corp. has relocated its head office from British Columbia to Saskatchewan, positioning itself in a supportive environment for resource development and technology commercialization [1][2][3] Company Developments - The relocation enhances MAX Power's access to advanced policy and research environments for Natural Hydrogen, facilitating quicker execution of its programs [2][5] - The company is set to commence Canada's first multi-well deep drilling program targeting Natural Hydrogen in Q4 2025, aligning with its strategic goals [5][11] Industry Context - Saskatchewan is recognized for its pro-resource and pro-business climate, featuring the most advanced regulatory framework for Natural Hydrogen exploration and development in Canada [3][6] - The province's Research Strategy aims to support priority sectors, including energy and mining, which aligns with MAX Power's focus on Natural Hydrogen [6][16] Infrastructure and Collaboration - MAX Power's new base in Saskatoon provides access to state-of-the-art facilities and direct connections to universities and industry partners, enhancing collaboration opportunities [4][8] - The integration of operations between Saskatoon and Regina R+T Parks fosters a robust ecosystem for innovation and commercialization [10][12] Strategic Alignment - The move to Saskatchewan supports recent corporate milestones, including board expansions and financing progress, positioning the company closer to its operational and commercialization pathways [5][11] - MAX Power's leadership is now situated near key regulatory bodies and potential partners, improving efficiency in decision-making and project execution [11][13]
MAX Power Establishes Saskatchewan Headquarters to Lead Canada’s Natural Hydrogen Breakthrough
Globenewswire· 2025-10-03 14:00
Core Insights - MAX Power Mining Corp. has relocated its head office from British Columbia to Saskatchewan, positioning itself in a supportive environment for resource development and technology commercialization [1][2][3] Company Developments - The relocation enhances MAX Power's access to advanced policy and research environments for Natural Hydrogen, facilitating quicker execution of its programs [2][5] - The company is set to commence Canada's first multi-well deep drilling program targeting Natural Hydrogen in Q4 2025, aligning with its strategic goals [5][11] Industry Context - Saskatchewan is recognized for its pro-resource and pro-business climate, featuring the most advanced regulatory framework for Natural Hydrogen exploration and development in Canada [3][6] - The province's Research Strategy aims to support priority sectors, including energy and mining, which aligns with MAX Power's focus on Natural Hydrogen [6][16] Infrastructure and Collaboration - MAX Power's new base in Saskatoon provides access to state-of-the-art facilities and direct connections to universities and industry partners, enhancing collaboration opportunities [4][8] - The presence of Innovation Saskatchewan's R+T Parks fosters a public-private ecosystem that supports economic impact and innovation [10][16] Strategic Alignment - The relocation supports recent corporate milestones, including board expansions and financing progress, positioning the company closer to operational and commercialization pathways [5][11] - MAX Power's leadership is now situated near key stakeholders, improving efficiency in decision-making and project execution [11][12]
BHP Inks Renewable Electricity Supply Deal for Copper SA Operations
ZACKS· 2025-10-02 14:16
Core Insights - BHP Group Limited has signed its third and largest renewable electricity supply arrangement for its Copper SA operations, marking a significant step in its operational decarbonization journey while generating investment in renewable energy in South Australia [1][9] Renewable Electricity Supply Arrangement - The new arrangement will supply 100 megawatts (MW) of renewable electricity to power the Olympic Dam mine, smelter, refinery, and the Carrapateena and Prominent Hill operations, sourced from Neoen's Goyder North Wind Farm and supported by the Goyder Battery [2][3] - This deal ensures that 70% of Copper SA's electricity needs will be powered by renewable sources by fiscal 2030, aligning with BHP's commitment to invest in renewable electricity supply [3] Emission Reduction Targets - BHP aims to lower operational greenhouse gas emissions (Scopes 1 and 2) by at least 30% by fiscal 2030 from a fiscal 2020 baseline, with a long-term goal of achieving net zero operational greenhouse gas emissions by 2050 [4][9] Industry Peers' Decarbonization Goals - Rio Tinto has set a target to reduce net emissions by 15% by 2025 compared to 2018 levels, aiming for a 50% reduction by 2030 and net zero by 2050, with a capital budget of $5-$6 billion for decarbonization initiatives [5] - Fortescue Ltd is targeting Real Zero terrestrial emissions (Scope 1 and 2) by 2030 and Net Zero Scope 3 emissions by 2040, investing $6.2 billion in decarbonization [6][7] - VALE S.A. plans to reduce Scope 1 and 2 emissions by 33% by 2030 compared to 2017 levels, with a goal of achieving net zero emissions by 2050 and 100% renewable electricity consumption in Brazil by 2025 [8]
Acceleware to Present at the 2025 Cantech Investment Conference in Toronto
Newsfile· 2025-10-02 12:52
Company Overview - Acceleware Ltd. is a leading innovator in radio frequency (RF) power-to-heat technologies, focusing on applications such as process heat for critical minerals, amine regeneration for carbon capture, and enhanced oil production [1][3]. - The company is publicly listed on the TSXV under the trading symbol "AXE" [5]. Conference Participation - Acceleware will participate in the Cantech Investment Conference on October 9, 2025, in Toronto, showcasing its EM Powered Heat platform [1][2]. - The conference serves as a key forum for discussing sector trends, growth strategies, and market opportunities, bringing together technology companies and the investment community [2][6]. Strategic Focus - The company's strategic plan aims to improve economics and production outcomes for heavy oil extraction, critical minerals drying, and carbon capture, which is expected to drive meaningful revenue growth [3]. - Acceleware is working on enhancing the efficiency of amine regeneration using its patented Clean Tech Inverter and has partnered with a consortium to decarbonize potash ore drying [4]. Technology and Innovation - Acceleware's RFXL technology is a patented low-cost, low-carbon RF thermal enhanced oil production method that differs significantly from existing enhanced recovery techniques [5].
Plug CEO to Join Clear Street Virtual Investor Briefing
Globenewswire· 2025-10-02 11:00
Core Insights - Plug Power Inc. is a leader in the hydrogen solutions sector, focusing on the green hydrogen economy and will present its strategy and long-term vision in a virtual briefing with Clear Street investors [1] Company Overview - Plug Power is developing a fully integrated hydrogen ecosystem that includes production, storage, delivery, and power generation [3] - The company is a first mover in the industry, providing essential components such as electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure [3] Production and Capacity - Plug Power has deployed electrolyzers across five continents and leads in hydrogen production, with over 72,000 fuel cell systems and 275 fueling stations in operation [4] - The company is the largest user of liquid hydrogen and is expanding its generation network to ensure a reliable, domestically produced hydrogen supply [4] - Current operational plants are located in Georgia and Tennessee, with a new facility in Louisiana expected to come online in 2025, aiming for a total production capacity of 39 tons per day [4] Clientele and Partnerships - Plug Power serves major global companies including Walmart, Amazon, Home Depot, BMW, and BP, showcasing its significant role in the industry [5]
BHP Hedges China Risks With Olympic Dam Copper Investment - BHP Group (NYSE:BHP)
Benzinga· 2025-10-02 09:40
Core Viewpoint - BHP has announced an investment of over 840 million Australian dollars ($556 million) to enhance copper production at Olympic Dam in South Australia, aiming to increase its annual copper output from 1.7 million tons to approximately 2.5 million tons [1][2]. Investment and Expansion Plans - The capital expenditure package includes the construction of a new underground decline into the Southern Mine Area, which will provide access to deeper ore bodies and improve material transport efficiency [2]. - A new cement paste backfill system will be installed to stabilize mined-out areas, allowing access to previously unreachable ore sections [2]. - The underground electric rail system will be extended from 4.85 kilometers to over 6 kilometers, with the addition of six locomotives to enhance transport efficiency and safety [3]. Smelting Operations Enhancement - A new oxygen plant will be installed to improve smelting operations, increasing the concentrate smelting rate from 80 to 85 tons per hour, which will enhance throughput and reduce impurities in the blister copper output [4]. Production Capacity and Regional Significance - BHP's Copper SA division has consistently produced over 300,000 tons annually, with last year's output reaching 316,000 tons, reinforcing South Australia's significance in the global resource landscape [5]. - The investment is seen as a long-term commitment to the development of the Copper SA province, creating jobs and boosting local business opportunities [6]. Market Demand and Strategic Positioning - A forecast indicates that copper demand is expected to rise by 70% by 2050, driven by electrification, renewable energy, and data center growth, positioning Australia as a reliable copper exporter [7]. - The copper expansion serves as a strategic hedge against shifting trade dynamics, particularly in light of China's disagreements on iron ore imports [7]. Stock Performance - BHP shares were trading higher by 0.72% to $56.15 in premarket trading [8].