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Other articles in the issue

• Renewables Will Account for Most Global Generation Increases, but Coal Use Remains High

  In the Reference case of our International Energy Outlook 2021 (IEO2021), where we assume current laws and regulations continue into the future, we project that renewable resources—particularly solar and wind—will be the largest contributor to the growth in electricity generation through 2050. However, certain regions will still mainly use coal resources for electricity generation.

• Antin Infrastructure Partners Acquires Majority Stake in Origis Energy

  Funds managed by Antin Infrastructure Partners, an infrastructure investment firm, have entered into a definitive agreement to acquire a majority stake in Origis Energy, a U.S. renewable energy platform, from its CEO and president Guy Vanderhaegen, and Global Atlantic Financial Group.

• Convergent Energy + Power Acquires 20 MWh Battery Energy Storage Opportunity from SMT Energy

  SMT Energy LLC (SMT), a renewable energy developer and advisor, and Convergent Energy + Power (Convergent), the most dependable provider of energy storage solutions in North America with a 100% project completion rate, announced today Convergent's acquisition of SMT's 5 MW / 20 MWh battery energy storage opportunity on Staten Island, New York. The system, once operational, will become one of the largest battery storage systems within the five boroughs. The battery system, connected to the ConEdison power grid as a distributed generation asset, is on track to come online in 2022.

• Twelve Produces First Batch of E-Jet® Fuel from Carbon Dioxide Through Partnership with the U.S. Air Force

  Carbon transformation company Twelve announced today it has produced the first fossil-free jet fuel called E-Jet® from carbon dioxide (CO2) electrolysis, demonstrating a scalable, energy-efficient path to the de-fossilization of global aviation. This project was supported through funding from the U.S. Air Force and produced fuel globally applicable for both commercial and military aviation.

• Carbon Capture Inc. Closes $35 Million Series A Funding From Prime Movers Lab, Rio Tinto, Idealab Studio, and Time Ventures

  Carbon Capture Inc. (CarbonCapture), a climate tech company that makes machines that remove CO2 directly from the atmosphere, today announced the closing of a $35 million Series A funding round and the appointment of Adrian Corless as CEO. CarbonCapture will use the funds to accelerate product development efforts and to establish initial deployments of its renewable energy-powered Direct Air Capture (DAC) systems in locations throughout the U.S., starting with the Tamarack Nickel Project in central Minnesota in partnership with Rio Tinto PLC (LSE: RIO) and Talon Metals Corp. (TSX: TLO).