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EMpower Summary The Annual General Meeting (AGM) of the Emirates Central Cooling Systems Corporation PJSC (Empower), in a meeting convened with a quorum of 90.4% of the company's paid-up share capital, has approved its Board of Directors’ proposal to distribute cash dividends of AED 425 million (AED 0.0425 per share equivalent to 42.5% of the company's paid-up capital) to shareholders for the second half of the year 2023. His Excellency Saeed Mohammed Al Tayer, Chairman of Empower, chaired the AGM that took place today, Wednesday, March 27, 2024, at Habtoor Palace, Dubai, and was attended by His Excellency Ahmad bin Shafar, Chief Executive Officer, and ...
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AP Summary The U.N. weather agency is sounding a “red alert” about global warming, citing record-smashing increases last year in greenhouse gases, land and water temperatures and melting of glaciers and sea ice, and is warning that the world’s efforts to reverse the trend have been inadequate. The World Meteorological Organization said there is a “high probability” that 2024 will be another record-hot year. The Geneva-based agency, in a “State of the Global Climate” report released Tuesday, ratcheted up concerns that a much-vaunted climate goal is increasingly in jeopardy: That the world can unite to limit planetary warming to no more than 1.5 degrees ...
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Street Insider Summary A Working Association of Tricon and Suvic is building a heat pump plant recovering waste heat for Fortum's district heating network in the future data centre area of Espoo. Together with the previously announced heat pump plant in the Kolabacken data centre area of Kirkkonummi, the project will create an unprecedented scale of waste heat utilization. The heat pump facility at the Hepokorpi data center utilizes waste heat and ambient air. It includes a recovery building housing heat pumps for heat recovery from the data center, air-to-water heat pumps, and electric boiler. The client for the project is Fortum Power and Heat Ltd. ...
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let's recycle Summary The Thames Mobile Heat Consortium, which also includes storage technology company Sunamp, will take heat from along the river – from Cory’s Riverside EfW plant, located in Belvedere, store it in Sunamp thermal batteries and transport it via barge to major heat consumers. One potential consumer is the Pimlico District Heating Undertaking (PDHU), owned and operated by Westminster City Council, considering it as one of several options for decarbonisation. According to Cory, PDHU is the oldest district heating scheme in the UK, supplying over 3,000 homes and 50 commercial and community buildings, and originally took waste heat from ...
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ain tech Summary Steady Energy, a Helsinki-based company specializing in carbon-neutral heat solutions delivery, has secured €10 million in a funding round led by existing investors, Lifeline Ventures and Yes VC. The funding will be used to further develop its technology, accelerate research and development efforts. Launched in 2023 as a spin-out company from VTT Technical Research Center of Finland, Steady Energy aims to de-carbonize the energy-intensive heating industry, starting with residential and district heating. The company specializes in delivering carbon-neutral heat to homes, offices, and industrial applications through its nuclear engineering ...
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ABB Summary The teams at ABB Vaasa in Finland have achieved a 1400 tCO2e reduction in the site’s Scope 1 & 2 emissions since 2019 as part of ABB’s Mission to Zero™ program. A company-wide culture of sustainability, widespread work to improve energy efficiency, and investment in green energy sourcing are delivering significant progress towards net zero. ABB’s continuous investment in automation, robots, automated guided vehicles (AGVs), and automated storage solutions have also contributed to year-on-year increases in productivity and energy efficiency at the site. Energy management at Vaasa starts with the sourcing of electricity following the ...
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Luxembourg Times Summary The OPC had already published a list of recommendations that it said would help ease reliance on fossil fuels in the medium and long-term. These include improving public transport, promoting shared electric car schemes, subsidies for (district) heat pumps and connection to district heating networks, and collectively organised retrofitting schemes for improving the energy performance of houses. The Luxembourg government should consider providing direct income support to vulnerable consumers instead of universal energy subsidies, said a science council in an opinion published on Monday. Continue Reading #News ...
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Yahoo! News Summary A symbolic start was made in north-western Germany on Monday on constructing a multibillion euro plant making battery cells for electric cars after state funding and local permits were approved. Swedish company Northvolt plans to invest €4.5 billion ($4.9 billion) in the plant near Heide in the northern state of Schleswig-Holstein. Once completed, the project will produce up to a million battery cells and generate 3,000 jobs. Production is set to start in 2026. Northvolt plans to mass-produce the "greenest battery in the world." The plant will make use of purified effluent from the region for cooling. Excess heat could be used in ...
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Die Sachsen.De Summary Stadtwerke Leipzig is investing around 40 million euros in a large-scale solar thermal plant in order to integrate renewable energies into the heat supply in future. For around 40 million euros, Stadtwerke Leipzig is building a large-scale solar thermal plant. The company intends to use the power of the sun to supply heat in the future. The new plant will feed heat into the grid of Saxony's largest city from 2026. "We are thus increasing the proportion of renewable energy in our district heating system," explained Stadtwerke Managing Director Karsten Rogall at the official start of construction on Tuesday in Leipzig-Lausen. ...
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Think GeoEnergy Summary Eavor Erdwärme Geretsried GmbH (Eavor), project company of Dusseldorf-based Eavor GmbH, has signed a heat supply contract with Isar Loisach Naturwärme GmbH (ILN), subsidiary of local utility company Stadtwerke Geretsried. Under the contract, Eavor will supply 81,200 MWh per annum of heat to the district heating network in Geretsried, Germany, which ILN will be building. “The use of geothermal energy is an essential building block for our region and Bavaria for the success of the energy transition; regionally it can reliably supply us with climate-friendly heat,” said Mayor Michael Müller. Jan Dühring, Managin Director ...
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Burlington Free Press Summary Mayor Miro Weinberger and Burlington Electric Department provided an update on the "most ambitious climate policy in any city in America." The claim was made by Weinberger in an announcement March 19, where the team broke down the plan and its "major progress," along with new incentives and programs. First pitched in 2019, Burlington's Net Zero Energy Roadmap offered incentives to reduce fossil fuel consumption in the city, including switching to electric of hybrid vehicles and installing heat pumps. Those proved to have panned out positively, with findings being released from the mayor's office and BED. Key actions that ...
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North Delta Reporter Summary A contract of nearly $5.4 million has been awarded to Rissling Services Ltd. to install roughly 1,000 metres of insulated steel pipe, service connections, a leak detection system and communication conduit to support “future development and potential connections” to Surrey’s District Energy System. City council set a spending limit of $5,930,000 when it approved the $5,390,408.10 contract, with the work expected to begin in April and be done by December. Continue Reading #News #DistrictEnergy
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Newswire Summary The Canada Infrastructure Bank (CIB) has introduced its Infrastructure for Housing Initiative (IHI), designed to help address the infrastructure constraints which are limiting new housing construction. The CIB has developed a financing tool for municipalities and Indigenous communities which are committed to building new infrastructure in support of new housing supply. Industry and municipal stakeholders have emphasized that more municipal infrastructure investment is a prerequisite to building more housing. The CIB's new lending product is designed to unlock new housing in a very targeted and specific way. As an impact investor, ...
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ME Construction News Summary The Diriyah Company has announced a major infrastructure agreement with City Cool Cooling Company, which will see the development of a district cooling plant with the ability to deliver up to 72,500 Tons of Refrigeration (TR). As per the US $187mn contract, City Cool will design the cooling plant to operate with an energy efficiency rating of 0.7KW/TR. The chilled water will supply the cooling demand of all non-residential assets within the first phase of the Diriyah project. City Cool Cooling Company, a wholly owned subsidiary of Mada International Holding, is the majority shareholder in the Diriyah cooling project, with ...
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The Straits Times Summary A consortium of five real estate heavy hitters have jointly bid for the tender of a master developer site in Jurong Lake District, which is set to become Singapore’s largest business district outside the city centre. The appointed developer will plan the entire project, which includes providing the necessary infrastructure and connectivity between public spaces. It will also have to plan a district cooling system and a pneumatic waste conveyance system. Continue Reading #News #DistrictCooling
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Food Engineering Summary The Kraft Heinz Company has been selected for award negotiations to receive up to $170 million from the U.S. Department of Energy’s Office of Clean Energy Demonstration to support the implementation of clean energy projects at 10 of the company’s U.S. plants. “At Kraft Heinz, we’re on a journey to achieve net-zero greenhouse gas emissions by 2050,” says Marcos Eloi Lima, chief procurement and sustainability officer at Kraft Heinz. “This investment will give us critical resources to make necessary improvements in our plants to help increase their energy efficiency and reduce emissions. This investment recognizes our continued ...
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UConn Today Summary The University of Connecticut has a smaller carbon footprint that it did 20 years ago, thanks to long-term investments and its own power plant. Now the University is hunting for ways to shrink that footprint even more. The University’s campus in Storrs has added about a million square feet of buildings over the last two decades. Despite that, peak power consumption has plummeted from as high as 45MW in 2005 to only 27.4MW during last year’s September heatwave, thanks to efficiency measures the University adopted over the intervening 18 years. But now electric demand is increasing as the campus grows, and the University is seeking ways ...
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India Education Diary Summary The Princeton Plasma Physics Laboratory’s (PPPL) plans to construct a state-of-the-art building, the Princeton Plasma Innovation Center (PPIC), are moving forward. PPPL recently received permission to use $10 million in funding from Princeton University to prepare the site and received a $2.3 million grant from the U.S. Department of Energy (DOE) for geothermal wells. “PPIC will not only be a beautiful gateway into our national Laboratory, but it will also be a sustainable building,” said Steve Cowley, PPPL director. “Sustainability is at the heart of our mission to achieve fusion energy as a clean, safe and virtually ...
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Norwood News Summary NYC Department of Citywide Administrative Services (DCAS), the New York Power Authority (NYPA), and the Wildlife Conservation Society (WCS) announced the completion on Friday, March 22, of mechanical work that cost $17 million to the heating system at the Bronx Zoo , marking what they described as a significant energy upgrade to the beloved zoo ’s infrastructure. Agency officials said the upgrade to the zoo ’s cogeneration power plant, which provides heat to several facilities across the campus, will reduce energy and maintenance costs by nearly $500,000 annually in city operations, reduce greenhouse gas emissions by ...
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Think GeoEnergy Summary New York-based renewable energy solutions company Brightcore Energy has announced that an incentive program that the company has petitioned for and support with energy company Con Edison has been approved. The new “Thermal Conductivity Testing” (TCT) Incentive will apply to non-residential ground-sourced heat pump (GSHP) projects to help customers pay for the costs of thermal conductivity testing. As part of Con Edison’s Clean Heat Program, the TCT Incentive will provide USD 40,000 or 50% of the eligible costs for thermal conductivity testing, whichever is lower. Thermal conductivity test boreholes are required ...
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