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Technip Energies awarded two services contracts for first-of-a-kind waste-to-methanol Ecoplanta project in Spain
Globenewswire· 2025-10-01 05:30
Core Insights - Technip Energies has been awarded two engineering services contracts by Repsol for the Ecoplanta project, a pioneering waste-to-methanol facility in El Morell, Spain [1][4] - The facility will be the first in Europe to convert non-recyclable municipal solid waste and biomass into renewable methanol at scale, contributing to CO2 emissions reduction and supporting circular economy goals [2][6] - The project is expected to process up to 400,000 tons of municipal waste annually, producing approximately 240,000 tons of methanol, which can be used for manufacturing circular materials and advanced biofuels [3][5] Company Involvement - Technip Energies will provide engineering and procurement services, overseeing the integration of Enerkem's gasification technology, which transforms non-recyclable waste into renewable fuels [5][7] - The contracts will be recorded in the Q3 2025 backlog within the Technology, Products & Services segment, highlighting the company's commitment to sustainable solutions [7] Financial and Environmental Impact - The project is co-funded by the European Union's Innovation Fund and is projected to reduce greenhouse gas emissions by 3.4 million tons of CO2-equivalent over its first decade of operation [6] - Technip Energies generated revenues of €6.9 billion in 2024, indicating a strong financial position to support innovative projects like Ecoplanta [9]
Award-Winning Cogeneration Project Turns Hydrogen-Rich Waste into Industrial Energy
Yahoo Finance· 2025-10-01 04:13
The ABC Region in São Paulo, Brazil, refers to an industrial metropolitan area composed originally of three cities: Santo André (A), São Bernardo do Campo (B), and São Caetano do Sul (C). These three cities form a major industrial hub south of São Paulo city and are renowned for their significant automotive, petrochemical, and metallurgical industries. Opened in 1972, the ABC region’s raw material plant was part of the first petrochemical complex to begin operations in Brazil. Installed in Santo André, the ...
Thailand’s Eight-Unit, 5,300-MW Power Project Wins Top Plant Award
Yahoo Finance· 2025-10-01 04:10
Core Insights - Southeast Asia's first JAC gas turbines are operational in Thailand, achieving over 64% efficiency, and have received a POWER Top Plant award [1] - The Sriracha and Pluak Daeng Power Plants are part of a 5,300-MW project aimed at supporting the Eastern Economic Corridor's development [1][4] - Mitsubishi Power's innovative air-cooling technology in the M701JAC turbines enhances performance and reduces emissions compared to previous models [1][4] Project Development - The projects employed up to 2,850 workers at peak times, with a total of 20 million man-hours achieved [2] - COVID-19 posed challenges, but Mitsubishi Power implemented remote commissioning and flexible supply chain strategies to maintain project timelines [2] - Lessons learned from the Chonburi site improved the installation process at the Rayong site, ensuring timely completion [3] Operational Details - Each power plant features four 1-on-1 single shaft GTCC power trains, with M701JAC gas turbines and TC1F-48 steam turbines [4] - The JAC gas turbines can reduce CO2 emissions by up to 65% compared to coal-fired plants, with the global fleet achieving over 3 million operating hours by June 2025 [4] - The plants have maintained high availability rates and smooth operations since commissioning, with the first seven units accumulating 100,000 actual operating hours [4] Environmental and Community Impact - The project adhered to strict noise regulations, capping noise levels at a maximum of 10 dBA to minimize impact on local communities [5] - Various corporate social responsibility initiatives have been conducted to positively impact surrounding communities [5] Long-Term Performance and Technology - Mitsubishi Power's TOMONI remote monitoring system enhances plant operability and supports decarbonization efforts [6] - Long-term service agreements (LTSAs) provide operators with maintenance cost predictability and access to rapid service support [6] - The successful delivery of these power plants marks a significant milestone in the adoption of high-efficiency natural gas technologies in Southeast Asia [6]
X @Bloomberg
Bloomberg· 2025-09-30 15:30
UK energy bills may drop early 2026, but savings could be short-lived due to decarbonization and grid costs https://t.co/Wso6rN5Bay ...
Republic Services' Recycled Plastic Flake Provides 54% Lower Carbon Footprint for Sustainable Packaging
Prnewswire· 2025-09-30 13:04
Core Insights - Republic Services, Inc. is producing recycled plastic flake (rPET) at its Las Vegas Polymer Center, which has a significantly lower carbon footprint compared to other rPET and virgin PET in the U.S. market, aiding customers in decarbonizing their supply chains and reducing Scope 3 emissions [1][3]. Group 1: Environmental Impact - The global warming potential of the bottle-grade, clear rPET flake produced at the Las Vegas Polymer Center is 54% lower than evaluated rPET alternatives and 82% lower than virgin PET [3]. - The lower carbon footprint is attributed to more effective energy use at the facility, which employs patented equipment that consumes less electricity and thermal energy per kilogram of flake compared to other mechanical recycling processes [5]. Group 2: Production Capacity and Process - Republic Services operates Polymer Centers in Las Vegas and Indianapolis, with a third facility under construction in Allentown, Pennsylvania, each capable of producing approximately 120 million pounds of bottle-grade recycled plastics annually [6]. - The rPET flake produced is bottle-grade, enabling bottle-to-bottle circularity, and the company manages post-consumer recycled material from collection to flake production, contrasting with imported rPET [7]. Group 3: Sustainability Initiatives - The company emphasizes its commitment to advancing circularity and supporting decarbonization, aiming to partner with customers to create a more sustainable world [8].
Green Circle Decarbonize Technology Ltd(GCDT) - Prospectus(update)
2025-09-29 19:27
As filed with the Securities and Exchange Commission on September 29, 2025 Washington, D.C. 20549 Form F-1 (Amendment No. 13) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Green Circle Decarbonize Technology Limited (Exact Name of Registrant as Specified in its Charter) Registration No. 333-276943 (State or Other Jurisdiction of Incorporation or Organization) UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Primary Standard Industrial Classification Code Number) Cogency Global Inc. 122 East 42 St ...
Analysts Highlight Vale’s (VALE) Product Flexibility and Long-Term Strategy After Mine Visits
Yahoo Finance· 2025-09-29 18:53
Core Viewpoint - Vale S.A. is identified as a promising investment opportunity, particularly after Scotiabank upgraded its rating from Sector Perform to Sector Outperform with a price target of $14, following a visit to its mines that highlighted the company's long-term strategy [1][2]. Group 1: Company Overview - Vale S.A., headquartered in Rio de Janeiro, Brazil, specializes in the production and sale of iron ore and iron ore pellets, which are essential raw materials for steelmaking both domestically and internationally [3]. Group 2: Market Position and Strategy - Scotiabank noted Vale's ability to expand its iron ore sales beyond China while maintaining favorable pricing conditions through enhanced product flexibility, which is positively impacting the company's price realization [2]. - Although there are reservations regarding the immediate prospects for green steel, Scotiabank believes that Vale has significant profit potential as the decarbonization movement gains momentum [2].
China Slashes Key Metals Growth Target Amid Overcapacity Curbs
Yahoo Finance· 2025-09-29 13:03
Group 1 - China has reduced its annual output growth target for key non-ferrous metals to an average of 1.5% for 2025 and 2026, down from a previous target of 5% [1][2] - This shift reflects Beijing's focus on industry upgrades, decarbonization, and controlling oversupply in the non-ferrous metals sector [2][3] - The government aims to increase annual secondary metal output to exceed 20 million tons by 2026, emphasizing recycling and the reuse of waste materials [3] Group 2 - The roadmap includes goals for breakthroughs in high-end products such as ultra-high purity metals and advanced rare earth materials [3] - Chinese metals producers saw a rise in share prices, with Jiangxi Copper Co. and Aluminum Corp of China Ltd. both gaining over 5% [4]
2025年中国纺织服装行业研究报告:宏观经济与可持续发展分析(英文版)
Sou Hu Cai Jing· 2025-09-26 06:56
Core Insights - The report focuses on the Chinese textile and apparel industry, analyzing macroeconomic factors and sustainability initiatives during a period of transformation [1][2][3] Macroeconomic View - China's GDP is projected to reach approximately $19 trillion by 2024, with the textile and apparel sector contributing 8.7% to total export revenue in 2023, equating to $165 billion in garment exports, which represents 31.6% of the global market share [1][15][18] - The industry provides around 7.8 million jobs, with over 60% of the workforce being women, highlighting its significance in employment [1][18] - The domestic market is robust, with 70-80% of clothing produced in China being consumed locally, supported by a fully integrated supply chain [21] Sustainability Initiatives - The textile industry emits approximately 230 million metric tons of CO2 annually, accounting for 2.8% of China's industrial emissions, prompting various decarbonization initiatives [2][23] - The Chinese government has set ambitious targets to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, aligning with global sustainability goals [10][22] - Initiatives such as the LCAplus platform by the China National Textile and Apparel Council (CNTAC) aim to enhance carbon data transparency and support emissions reduction efforts [2][13] Energy Efficiency and Emissions - The average environmental performance score for Chinese facilities is 49 out of 100, indicating room for improvement, particularly in energy management [33] - In 2023, coal accounted for 60% of electricity generation in China, but the share of renewable energy sources is increasing, with wind and solar reaching 16% [43][44] - Companies are investing in energy efficiency measures, such as upgrading equipment and utilizing renewable energy sources, to reduce emissions and improve productivity [28][45] Competitive Landscape - The "China+1" strategy is leading to some production capacity moving abroad, but China maintains a strong position in high-end and fast-response orders [3] - The export market is diversifying, with growth in emerging markets and benefits from regional trade agreements like RCEP [3] - The industry faces challenges such as reliance on coal, compliance pressures for small factories, and rising labor costs, but also opportunities in renewable energy and smart manufacturing [3][19] Workforce and Social Responsibility - The textile and apparel sector plays a crucial role in social development, lifting millions out of poverty, but challenges remain in ensuring decent working conditions and fair wages [50][51] - Factory wages have increased, with minimum wages varying by region, impacting competitiveness and prompting some factories to upgrade or relocate [51] - Labor laws are evolving, with a push for better work-life balance and compliance with international labor standards, influenced by global market pressures [52][54]
Fusion Fuel’s BrightHy Solutions Expands Green Hydrogen Footprint in Southern Europe with 15 MW Engineering Project
Globenewswire· 2025-09-25 12:00
Core Insights - Fusion Fuel Green PLC's subsidiary, Bright Hydrogen Solutions Ltd, has signed a contract for engineering services to design a green hydrogen production facility in southern Europe [1][2] - The contract is valued at €275,000 and aims to enhance the region's hydrogen infrastructure and support decarbonization efforts across Europe [2] - The facility will produce green hydrogen for blending into the natural gas network, facilitating the transition to cleaner energy systems [2] Contract Details - The contract payment will be made in phases upon meeting specific requirements [2] - BrightHy Solutions will provide front-end engineering design (FEED) services, including safety and environmental studies, project management, and technical engineering specifications [3] - The project is scheduled for completion within a 12-week delivery period following a four-week preparation period [3] Strategic Importance - This engagement highlights BrightHy's role as a strategic partner in deploying green hydrogen projects in Europe [4] - The company emphasizes its expertise in green hydrogen technology and project development to support large-scale initiatives that enhance energy security and industrial competitiveness [4] Company Overview - Fusion Fuel Green PLC provides integrated energy engineering, distribution, and green hydrogen solutions through its platforms [4] - Bright Hydrogen Solutions aims to lead the hydrogen market through electrolysis solutions, focusing on safety, reliability, and efficiency [5]