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Plug Power Selected by Carlton Power for 55 MW GenEco Electrolyzer Deployment Across Three Green Hydrogen Projects in the United Kingdom
Globenewswire· 2025-11-17 12:00
UK government-backed production facilities, expected to be operational in 2027, will be the largest electrolyzer installation in the country and will supply green hydrogen to decarbonize local industrial operationsSLINGERLANDS, N.Y., Nov. 17, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced it has been selected for an equipment supply and long-term service agreement (LTSA) totaling 55 MW for three green hyd ...
Northstar Secures Five Year Contract with City of Calgary for Waste Asphalt Shingle Supply
Prnewswire· 2025-11-12 16:30
Core Viewpoint - Northstar Clean Technologies Inc. has officially opened its first commercial asphalt shingle reprocessing facility in Calgary, Alberta, and secured a five-year contract with the City of Calgary for the reprocessing of asphalt shingles, marking a significant step towards waste diversion and the establishment of a circular economy solution in North America [1][4][5]. Contract and Collaboration - The contract with the City of Calgary will commence in April 2026 and involves the collection and reprocessing of asphalt shingles from the city's waste management facilities, contributing to the city's waste diversion goals [1][2]. - Northstar will collaborate with the City on the collection, inspection, and contaminant removal processes to ensure operational efficiency [2]. Supply and Capacity - This contract adds to Northstar's existing supply agreements with IKO Industries Ltd and Ecco Recycling & Energy Corporation, enhancing the feedstock supply for the Empower Calgary Facility [3]. - The facility is designed to process up to 80,000 tonnes of discarded shingles annually on a two-shift basis, recovering valuable materials for reuse [5][6]. Economic and Environmental Impact - The Empower Calgary facility is expected to create up to 30 full-time local jobs and is a significant example of Alberta's commitment to clean technology and circular economy initiatives [6][9]. - The facility aims to reduce lifecycle CO2 emissions by approximately 60% by converting landfill-bound waste into reusable materials, aligning with Canada's 2030 Emissions Reduction Plan and net-zero by 2050 targets [5][9]. Technological Innovation - Northstar utilizes its patented Bitumen Extraction & Separation Technology (BEST) to recover liquid asphalt, aggregate, fiber, and limestone from discarded shingles, showcasing a scalable solution for waste management [5][10]. - The project has received over $7.2 million in support from Emissions Reduction Alberta and Alberta Innovates, highlighting the collaboration between public and private sectors in advancing industrial decarbonization [6][8].
Schneider Electric Accelerates Industrial Decarbonization at COP30
Globenewswire· 2025-11-11 11:09
Core Insights - The article emphasizes the critical role of electrification, automation, and digitalization in achieving a just transition towards sustainable industrial practices, particularly highlighting Brazil's strategic advantages in this transformation [1][2][3] Group 1: Industrial Transformation - Schneider Electric's participation in COP30 aims to mobilize various stakeholders around a practical agenda for energy and industrial transformation, enhancing local economic resilience [1] - A report from Schneider Electric and the Brazilian Ministry of Development outlines Brazil's potential to lead global industrial transformation, leveraging its clean energy matrix and green hydrogen potential [3][4] - The study presents scenarios for decarbonization through 2050, focusing on energy demand, emissions, and technology impacts, with further recommendations to be released during COP30 [4] Group 2: Workforce Development - An analysis projects the creation of up to 760,000 new bioenergy jobs in Brazil by 2030, positioning the country as a leader in renewable fuels [5] - The report emphasizes the need to train and reskill 450,000 professionals in automation, electrification, and carbon traceability, proposing a three-phase action plan for workforce development [6] Group 3: Strategic Discussions at COP30 - Schneider Electric will engage in panels and discussions at COP30 focused on clean energy, decarbonization, and talent development, showcasing the importance of public-private collaboration [8][9] - The company aims to demonstrate how the private sector can translate commitments into tangible progress in climate action [7]
Fusion Fuel Green PLC Signs Definitive Joint Venture Agreement with Alien Fuel for Landmark Industrial Decarbonization Project in South Africa
Globenewswire· 2025-10-16 11:45
Core Viewpoint - Fusion Fuel Green PLC has established a joint venture with Alien Fuel to develop the Biosteam Energy project aimed at decarbonizing the Fairfield Dairy facility in South Africa, utilizing biomass technology to replace fossil fuel systems [1][2][6]. Joint Venture Agreement - Fusion Fuel will hold a 51% stake in Biosteam Energy, while Alien Fuel will retain 49% [2]. - The joint venture will manage the financing, construction, and operation of a biomass-powered steam generation system to replace the existing fossil-fuel boiler at Fairfield Dairy [2]. - The new system will utilize carbon-neutral wood pellets from waste biomass, targeting reductions in Scope 1 and Scope 2 carbon emissions [2]. Financial Aspects - Fusion Fuel will provide a loan of R10 million (approximately €480,000) to fund the management and administration of Biosteam Energy [3]. - Biosteam Energy is expected to generate recurring revenues through a steam supply agreement with Fairfield Dairy and additional income from carbon credits [3]. Future Opportunities - The Joint Venture Agreement grants Fusion Fuel a right of first refusal for new projects within Biosteam Energy's scope, particularly in green and sustainable energy [4]. - The agreement reflects the culmination of prior discussions and agreements, indicating a strategic move towards industrial decarbonization [5]. Management Commentary - The CEO of Fusion Fuel highlighted the joint venture as a significant milestone in the company's expansion strategy and its role in the industrial decarbonization market [6]. - The Director of Alien Fuel emphasized the alignment of technology and vision between the two companies, showcasing the commercial viability of sustainable biomass energy solutions [6]. Additional Updates - Ongoing discussions regarding the acquisition of a UK fuel distribution company were mentioned, with negotiations expected to continue [7]. - An Extraordinary General Meeting is scheduled for November 7, 2025, to seek shareholder approval for increasing authorized share capital to support potential acquisitions [8][9].
Fusion Fuel Green PLC Executes Heads of Terms with Alien Energy Contemplating Landmark Industrial Decarbonization Project in South Africa
Globenewswire· 2025-09-15 12:28
Core Viewpoint - Fusion Fuel Green PLC has entered into a Heads of Terms agreement with Alien Energy to establish a joint venture for a biomass-powered steam energy project in South Africa, aimed at replacing fossil-fuel-based systems and promoting decarbonization [1][2]. Strategic Highlights and Decarbonization Impact - The joint venture will focus on developing a biomass-powered steam energy project at a large-scale dairy processing facility, which is expected to significantly reduce emissions and contribute to the Client's net-zero commitments [2][7]. - The project is designed to enable substantial industrial decarbonization and unlock recurring long-term revenue streams for the joint venture [2][5]. Financial Impact for Fusion Fuel - The project is anticipated to generate recurring annual revenues through a long-term steam supply agreement with the Client, with management drawings capped at ZAR 120,000 (approximately €5,880) per month [4]. - Fusion Fuel is expected to invest ZAR 10 million (approximately €480,000) for the construction and commissioning of the plant [7]. Joint Venture Structure - Fusion Fuel will hold a 51% ownership stake in the joint venture, while Alien Energy will retain the remaining 49% [7]. - The project aims to generate carbon credits from verified emissions reductions, which will be ring-fenced within the joint venture [7]. Management Commentary - The CEO of Fusion Fuel highlighted that this agreement represents a significant step in the company's strategy to deliver scalable decarbonization projects, leveraging Alien Energy's biomass-to-steam technology [5]. Definitive Agreements and Closing Timeline - The transaction is expected to close on or before October 1, 2025, with project commissioning targeted to commence by the end of the year [6].
Fusion Fuel's BrightHy Solutions and Houpu Global Clean Energy Sign Strategic Agency Agreement to Expand Hydrogen Infrastructure in Europe and Latin America
GlobeNewswire News Room· 2025-07-17 13:07
Core Viewpoint - Fusion Fuel Green PLC's subsidiary, Bright Hydrogen Solutions, has signed an agency agreement with Houpu Global Clean Energy to enhance hydrogen refueling infrastructure in Iberia and Latin America [2][3]. Group 1: Agreement Details - BrightHy Solutions will serve as the authorized agent for Houpu Global Clean Energy's hydrogen product portfolio, utilizing its market experience and commercial network [3][4]. - The collaboration aims to accelerate hydrogen infrastructure projects that support industrial decarbonization and clean mobility solutions [3][4]. Group 2: Company Profiles - Fusion Fuel Green PLC provides integrated energy engineering and green hydrogen solutions, supporting decarbonization across various sectors [6]. - Bright Hydrogen Solutions focuses on hydrogen production through electrolysis, offering services throughout the hydrogen production value chain [7]. - Houpu Global Clean Energy specializes in hydrogen refueling and clean energy infrastructure, leveraging extensive engineering experience and manufacturing capabilities [8][9].
SLB Rolls Out Sequestri to Advance Industrial Decarbonization
ZACKS· 2025-06-17 13:10
Core Insights - SLB has launched the Sequestri portfolio, a comprehensive suite of carbon storage solutions aimed at accelerating industrial decarbonization globally [1][10] - The Sequestri portfolio provides an end-to-end framework for long-term carbon storage, addressing economic and integrity concerns that often hinder CCS project viability [2][3] Sequestri Portfolio Details - Sequestri combines tailored hardware and digital workflows to enhance decision-making throughout the carbon storage lifecycle, from site screening to monitoring [2] - The portfolio includes specialized hardware such as subsurface safety valves, measurement instruments, and CO2-resistant cement systems like EverCRETE [4] Strategic Partnerships and Projects - SLB's Sequestri aligns with its broader CCS ambitions, including a partnership with Aramco and Linde to establish a carbon capture and storage hub in Jubail, Saudi Arabia [6][10] - The first phase of this project aims to capture and store up to 9 million metric tons of CO2 annually by the end of 2027 [6][7] Technological Advancements - The Sequestri portfolio is powered by a network of interconnected digital technologies that simulate, model, and analyze carbon storage projects [4] - The introduction of Sequestri signals SLB's intent to be a central technology enabler in the energy transition, providing integrated solutions for emitters and developers [8]