Atmosphere Core, an esteemed international hospitality company, sets a commendable example in sustainability through its eco-conscious approach. Across four key pillars – Community, Operations, Resources, and Environment – the company has implemented groundbreaking initiatives that showcase its dedication to environmental conservation and social responsibility.
Roadchef has partnered with Allye Energy, a clean-tech start-up specializing in smart battery technology. The partnership aims to alleviate grid constraints and enhance energy management at Roadchef’s motorway service locations. Roadchef will install Allye’s MAX BESS units, leveraging repurposed batteries from electric vehicles. This move validates Allye’s business model and aligns with Roadchef’s commitment to sustainable and innovative EV charging infrastructure.
Qcells’ residential and commercial solar panels have achieved the stringent sustainability criteria set by the Global Electronics Council (GEC), making them one of the first solar panels to meet EPEAT’s new Federal Acquisition Requirements (FAR). This certification validates the company’s commitment to environmental stewardship and aligns with the federal government’s goal to electrify buildings and fleets by 2050. EPEAT also announced a new requirement for registered solar panels and inverter products to have an embodied carbon level below a given threshold, ensuring manufacturers consider their carbon footprint in production.
The global onshore oil and gas pipeline market is projected to grow at a CAGR of 5.06% from 2024 to 2028. Key drivers include increasing demand for natural gas, government initiatives to promote domestic energy production, and technological advancements. Companies are leveraging big data analytics and IoT solutions to enhance pipeline efficiency and detect anomalies. The shift towards renewable energy sources may influence the market’s future growth.
The global cellulosic ethanol market is projected to grow by $0.60 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 67.86% during the forecast period. Cellulosic ethanol, derived from cellulosic biomass, is a renewable fuel gaining popularity due to its climate change mitigation and energy security benefits. Production involves enzymatic hydrolysis, fermentation, and ethanol extraction from lignocellulosic feedstocks like agricultural waste. However, increasing demand and competition for feedstocks have driven up prices, raising concerns over food prices and sustainability.
International Battery Metals Ltd. (CSE: IBAT) has appointed Iris Jancik as its new Chief Executive Officer, effective in mid-August. Jancik will lead the company’s efforts to expand the commercial deployment of its patented modular direct lithium extraction (DLE) plants. IBAT recently announced the installation of its first commercial lithium production plant, co-located at US Magnesium’s (US Mag) operations outside of Moab, Utah. The plant is expected to begin lithium production in June, processing brine produced from lithium-containing waste-magnesium salts and providing feed for high-purity lithium carbonate production by US Mag. This is the first commercial DLE plant in North America and the first modular DLE plant in the world.
HyperStrong will showcase its 2024 energy storage products and solutions at booth C3.171 in the ees exhibition at The smarter E Europe. The company’s cutting-edge technologies and expertise provide professional solutions to help clients transition to a more sustainable and stable electricity system. HyperStrong has made significant advances in international markets with multiple energy storage projects being delivered and has local teams and service capabilities.
International Battery Metals Ltd. (the “Company”) has announced its intention to complete a subsequent closing of its previously announced strategic private placement (the “Private Placement”). The Private Placement will see the issuance of a minimum of 8,478,246 units at a price of per unit for gross proceeds of (approximately ). The proceeds of the Private Placement will be used for expenditures to increase the production capacity of the Company’s modular direct lithium extraction plant (the “DLE Plant”) as well as general working capital purposes.
Maxeon Solar Technologies, Ltd. (NASDAQ: ) reported financial results for the first quarter ended March 31, 2024, experiencing challenges due to market conditions, demand disruptions, and project pushouts. To address these issues, Maxeon secured additional capital from its largest shareholder, TCL Zhonghuan Renewable Energy Technology Co. Ltd. (TZE), through debt and equity investments. The Company also exchanged 2025 convertible notes for new bonds due in 2028, subject to regulatory approvals.
Europe’s increasing wet weather is creating both challenges and opportunities for hydropower. While run-of-river systems may benefit from higher flows, extreme events can damage equipment or reduce generation capacity. However, pumped storage hydropower (PSH) offers potential for grid flexibility and climate resilience. Despite environmental concerns, PSH is gaining attention as a way to mitigate the effects of climate change on the water cycle.
