Remove Finance Remove Mechanic Remove Sustainable
article thumbnail

POWER Digest [April 2025]

POWER Magazine

has withdrawn from the Just Energy Transition Partnership (JETP), a 2021-launched financing cooperation mechanism, that seeks to help a selection The post POWER Digest [April 2025] appeared first on POWER Magazine. Withdraws from Global Clean Energy Partnership.

Mechanic 130
article thumbnail

Energy Vault achieves successful close of $28 million in project financing for the Calistoga Resiliency Center, the world’s first ultra long duration hybrid green hydrogen energy storage microgrid serving California’s PG&E

Oil & Gas 360º

NYSE: NRGV) (Energy Vault or the Company), a leader in sustainable, grid-scale energy storage solutions, today announced the successful close of $28 million in project financing for its Calistoga Resiliency Center (CRC). The financing includes the completed sale of an Investment Tax Credit (ITC) associated with the CRC.

Finance 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ENGIE, CarbonClear Partner To Finance Energy Access In Africa

Orient Energy Review

We are therefore excited that the partnership with CarbonClear will enable us to mobilize additional climate finance and accelerate our growth declared Steven Fleurus, head of finance at ENGIE Energy Access. Achieving the UN Sustainable Development Goal 7 of a universal access to energy by 2030 is largely falling behind.

Finance 52
article thumbnail

Green Mortgages: Here’s What You Need to Know

Energy Refuge

The majority of the population cannot afford housing without the help of financial mechanisms. Environmental conservation is a major theme of sustainable development. The SBA does not offer financing. This EEM loan initiative was financed by the municipality. This need led to the birth of the mortgage.

Energy 170
article thumbnail

Ministers of Petroleum, Environment, Civil Aviation Advance Coordination on ESAF Project

Egypt Oil & Gas

The model will determine economic feasibility and cost to ensure the sustainability of the field, and its long-term ability to attract investments, she said. He added that establishing the Egyptian Sustainable Aviation Fuel (ESAF) Company is a major milestone in the journey towards leading this promising industry in Africa.

article thumbnail

Hydrogen’s chicken-and-egg problem persists as buyers hesitate

Oil & Gas 360º

On the supply side, pull factors taking the levelized cost of hydrogen down include support mechanisms for capital cost and financing. Airlines can purchase carbon credits in the voluntary market, which must meet the high CORSIA standards, or they can purchase sustainable aviation fuel.

E&A 130
article thumbnail

Seizing the agentic AI advantage

McKinsey

They will need to upskill the workforce, adapt the technology infrastructure, accelerate data productization, and deploy agent-specific governance mechanisms. Agent behavior is proactively controlled via embedded policies, permissions, and escalation mechanisms that ensure safe, transparent operation. Governed autonomy.

Casing 144