Neste and Air New Zealand have signed an agreement for the supply of nine million litres (around 7,200 tons or 2.4 million gallons) of neat Neste MY Sustainable Aviation Fuel™. The agreement represents the largest purchase of sustainable aviation fuel from Neste made by any airline outside North America and Europe for delivery before the
Peter Lee, the Hong Kong-based tycoon, wants to use battery technology used in space back on Earth. To facilitate this, the business tycoon’s family office founded a new start-up, EnerVenue, and has plans to scale up the technology at its factories in China and the US. Countries have been ramping up investments in renewable energy
In India, the energy sector is undergoing a rapid transformation, driven by the increasing adoption of renewable energy sources and the emergence of innovative technologies. The solar power sector, in particular, has emerged as a key player in the quest for sustainable growth and energy security. With government initiatives and policies aimed at promoting solar
WASE, a UK-based start-up which is unlocking the power of waste to make it the fuel for the future, announced it raised over €9.9 million, including €2.8 million in non-dilutive funding. The financing round was led by Extantia Capital, with participation from Hitachi Ventures, WEPA Ventures, the family venture capital firm of the European multigenerational
Green hydrogen is too expensive to replace fossil fuels, the chief executives of oil supermajors ExxonMobil and Saudi Aramco told a conference in Houston, Texas. Exxon CEO Darren Woods went so far as to suggest that the US would not meet its net-zero emissions target for 2050, partly due to the high cost of renewable
The UK city of Oxford is developing a roadmap outlining how industry can decarbonise in line with the city’s net zero ambitions. Oxford City Council, on behalf of the Zero Carbon Oxford Partnership, has received £265,032 from the Department for Energy Security and Net Zero to help develop the in-depth plan. Oxford’s Net Zero Goals
New analysis from think tank Ember finds that 11 out of 26 European countries are basing their grid investment decisions on plans that assume lower wind and solar capacities in 2030 than those indicated by national targets, with the risk that there will not be enough grid capacity to connect wind and solar in the
Malomatia, the leading system Integrator in Qatar, has announced its partnership expansion with JAGGAER, a global leader in spend management solutions. Together, they are poised to revolutionise the source-to-pay landscape, particularly within Qatar’s vital oil and gas, energy and utilities sector. The strategic alliance brings together the unparalleled expertise of malomatia’s in-system integration with JAGGAER’s
Green Future Project (GFP), a B-Corp providing corporate sustainability solutions, cites that realizing UAE Net Zero 2050 could help the country grow its GDP by approximately $1 trillion; with the country striving to be a leader across all domains, including sustainability. Briano Martinoni, Co-founder and Chief Commercial Officer at GFP, details why UAE stakeholders play
International SOS, the world’s leading health and security services company, recently highlighted insights from the International SOS Risk Outlook 2024 report, shedding light on the profound impact of climate change on businesses worldwide. The report reveals important statistics, indicating a growing awareness among respondents regarding the significant ramifications of climate-related phenomena on various aspects of
