Article
US green hydrogen hub will put long-haul energy storage to the test
Description
As the chief operating officer of Advanced Clean Energy Storage Delta, Michael Ducker gets a lot of questions about how the developer’s first-of-its-kind green hydrogen project, now being built in Utah, will be economically feasible — and he has some points he’d like to clarify.
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TGS Acquires Prediktor
TGS ASA ("TGS"), a global provider of energy data and intelligence, announced today that it has acquired Prediktor AS ("Prediktor"), a leading provider of asset management and real-time data management solutions to renewable and energy asset owners.
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Siemens Smart Infrastructure to acquire Brightly Software
Siemens Smart Infrastructure (SI) will acquire Brightly Software, a leading U.S.-based software-as-a-service (SaaS) provider of asset and maintenance management solutions.
The $1.6 billion acquisition elevates SI to a leading position in the software market for buildings and built infrastructure. SI will add Brightly’s cloud-based capabilities to Siemens’ digital and software in buildings.
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Rolls-Royce buys into electrolysis stack maker Hoeller Electrolyzer
British engineering firm Rolls-Royce Holdings Plc (LON:RR) is buying a 54% interest in German electrolysis stack specialist Hoeller Electrolyzer GmbH in a deal that marks its entry into the green hydrogen production market.
The stake was sold by departing minority shareholders for an undisclosed price, Rolls-Royce said on Tuesday.
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World’s Biggest Ever Carbon Credits Issue Planned in Gabon
Gabon, the second-most forested nation after Suriname, aims to create 187 million carbon credits, almost half of which may be sold on the offsets market in what would be the single largest issuance in history.
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Nasdaq to Power Carbon Credits Spot Exchange CIX
Slated for launch in early 2023, the exchange will enable two-way spot trading via standardised contracts, increasing access to transparent pricing signals and real-time market data.
CIX’s exchange for quality carbon credits aims to serve the growing needs of financial institutions and institutional investors and to unlock price transparency and liquidity in the voluntary carbon market.