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Neste and CIM collaborate to supply sustainable aviation fuel to France to support SAF blending obligations

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Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are collaborating to enable the supply of Neste MY Sustainable Aviation Fuel into France. Neste is committed to contribute significantly as we are increasing our global SAF production capacity to 1.5

France 410
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Chemours investing $200M to expand Nafion production in France

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The Chemours Company will invest $200 million to increase capacity and advance technology for its Nafion ion exchange materials to be located at Chemours’ manufacturing facility in Villers-Saint-Paul, France. Earlier post.). —Mark Newman, President and CEO at Chemours.

France 218
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ABB, Hydrogène de France jointly to manufacture megawatt-scale fuel cell systems capable of powering ocean-going vessels

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ABB has signed a Memorandum of Understanding (MOU) with Hydrogène de France to manufacture jointly megawatt-scale fuel cell systems capable of powering ocean-going vessels (OGVs). With the use of renewables to produce the hydrogen, the entire energy chain can be clean. With shipping responsible for about 2.5%

France 397
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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). from the year prior. Germany, the U.K.

Carbon 418
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3 Oil Majors That Bet Big On Renewables

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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. But Total is not just content to compete in the traditional renewable energy arena of wind and solar but is also giving Tesla Inc.

Oil 418
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). billion raised—up 63% on the previous year.

Financing 243
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ENGIE launches fleet of 50 hydrogen fuel cell Renault Kangoo Z.E. vans, inaugurates first alternative multi-fuel station in France

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France-based global energy and services group ENGIE has launched a fleet of 50 hydrogen-powered Renault Kangoo Z.E. These vehicles will be used by ENGIE Cofely technicians to ensure multi-technical operations and maintenance work for commercial buildings in the Île-de-France.

France 240