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BBVA creates a sustainability hub in Houston to finance the U.S. energy transition

BBVA Group has opened a new office in Houston with the aim of leading the financing of the energy transition in the United States. This move to support its sustainability is spurred by the BBVA´s Group´s plans for growth in the country and forms part of its Corporate & Investment Banking (CIB) operations in the

Efficiency Capital advancing building retrofit projects with CIB’s $50 million investment

The Canada Infrastructure Bank (CIB) and Efficiency Capital have recently formalized their financial partnership to help small and medium-sized building owners across Canada decarbonize their facilities. Businesses and building owners have already been onboarded to work with Efficiency Capital on new energy retrofit solutions, with three projects in Alberta, Ontario and New Brunswick. Together, these retrofits will reduce 10,000

ExxonMobil, Intel Working to Develop New Liquid Cooling Technologies for Data Centers

Two multinational corporations have announced a new collaboration to create energy-efficient and sustainable solutions for data centers as the market experiences significant growth. ExxonMobil and Intel are working to design, test, research and develop new liquid cooling technologies to optimize data center performance and help customers meet their sustainability goals. Liquid cooling solutions serve as

Catalyze announces transaction to support community distributed generation portfolio

Catalyze, a clean energy transition company that finances, builds, owns and operates solar and battery storage systems, today announced that it secured $100 million in financing from NY Green Bank, a division of the New York State Energy Research and Development Authority (NYSERDA), to support a 79 megawatt (MW) portfolio of community distributed generation (CDG) solar projects

Rice to offer new master’s in energy transition and sustainability

Rice University will launch a Master of Energy Transition and Sustainability (METS) program this fall designed to equip students with the tools needed to thrive in the evolving energy industry landscape. A joint initiative of the George R. Brown School of Engineering and the Wiess School of Natural Sciences, METS is an opportunity for both recent college graduates

Deep retrofit supply chain waiting for more support – need to overcome low demand, lack of skilled labour, and lagging regulation

Canadians urgently need to adapt our homes to increasingly severe and frequent climate events. In 2023, Canada’s top ten weather events racked up an estimated $3.1 billion in insured losses and smothered Canadians from coast to coast to coast in record-setting wildfire smoke. Canada also has a lot of work ahead to decarbonize its buildings to meet

Battery bonanza to charge Queensland’s renewables future

Queensland Premier Steven Miles has today announced a AUD$179 million investment in the next stages of its local network connected batteries program. The funding, sourced from the Queensland Renewable Energy and Hydrogen Jobs Fund, will see 12 new local network-connected batteries installed across the state. The package will also enable the installation of two flow

Canadian Environment Minister announces oil and gas emissions cap

Canadian Environment Minister Steven Guilbeault announced an oil and gas emissions cap Thursday at the COP28 summit in Dubai, requiring its oil and gas industry to cut emissions to 35% to 38% below 2019 levels in six years. The Canadian government will implement a cap-and-trade system to achieve the cuts, setting a legal limit on

Adnoc, Mitsubishi to Partner on Hydrogen, Ammonia Projects

According to Rigzone, Abu Dhabi National Oil Co. (Adnoc) and Mitsubishi Heavy Industries, Ltd. (MHI) have signed a strategic collaboration agreement targeting low-carbon energy supply chains and the advancement of carbon-neutral solutions across the energy sector. The agreement builds on the longstanding strategic energy relationship between the United Arab Emirates (UAE) and Japan. Adnoc and

Countries promise clean energy boost at COP28 to push out fossil fuels

Governments launched new initiatives to bolster clean energy and to wean themselves off fossil fuels at the U.N. climate summit in Dubai, where countries are grappling with how to halt the non-stop rise in planet-warming emissions, reported by Reuters. In one of the most widely supported initiatives, 118 governments pledged to triple the world’s renewable

Oil companies pledge at COP28 to slash methane pollution, but critics call it a smokescreen

Fifty oil companies representing nearly half of global production have pledged to reach near-zero methane emissions and end routine flaring in their operations by 2030, the president of this year’s United Nations climate talks said, a move that environmental groups called a “smokescreen.” Methane emissions are a significant contributor to global warming, so sharply reducing

An interview with Amanda Duhon, VP & Regional Director – EIC North & Central America at Energy Industries Council

The Energy Conference Network team caught up with Amanda Duhion to discuss the current and future landscape of energy infrastructure and transition in the region. Amanda highlighted major ongoing and planned projects aimed at enhancing energy production, transmission, and distribution. Amanda explored the key trends and drivers propelling the region towards cleaner and more sustainable

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