Published by Todd Bush on November 1, 2023
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has joined the 24/7 Carbon Free Energy Compact (24/7 CFE Compact), an international initiative established by the United Nations in 2021 with the goal of decarbonizing electricity worldwide. More than 130 organizations from around the world have joined the Compact, including the U.S. government, major U.S. IT companies, utilities and investment companies, and financial institutions. The phrase “24/7 CFE” means that every kilowatt-hour of electricity consumption is met with carbon-free electricity sources everywhere, every hour of every day.
>> In Other News: Mitsubishi Power Delivers First Shipment of Equipment to ACES Delta Hub for Clean Hydrogen Production at One of the Largest Systems in Construction
Mitsubishi Electric offers a variety of energy-optimization technologies and solutions that align with 24/7 CFE Compact principles for the achievement of decarbonization. One is Multi-Region EMS, a cloud service that enables prosumers (companies) to manage decarbonization targets for all of their sites by optimizing the required number of environmental-value certificates to be purchased and also by transferring renewable-energy value among various sites. The service accumulates renewable-energy value in 30-minute increments to enable precise management of environmental value. Another representative offering from Mitsubishi Electric is BLEnDer® CN for Supplier, a line of packaged software products that enable power retailers in Japan to provide consumers with carbon-free electricity plans.
Going forward, Mitsubishi Electric will actively participate in 24/7 CFE Compact activities and contribute to the achievement of 24/7 CFE by continuing to develop advanced products, systems and solution businesses, in addition to contributing to the realization of eco-friendly infrastructure.
>> In Company Spotlight: Mitsubishi Heavy Industries
For the full text, please visit: www.MitsubishiElectric.com/news/
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 💰 FuelCell Energy Announces Debt Financing for Derby Power Projects ⚛️ Plug Power's Expansion Accelerates Green Hydrogen Economy 📝 Zefiro Registers its First Methane Reduction Pr...
Inside this Issue 🏭 Nel ASA: Hy Stor Energy Places Gigawatt Capacity Reservation for Mississippi Clean Hydrogen Hub 🛺 Gearing Up for a Green Highway: Air Products Paves the Way for Hydrogen Transp...
Inside this Issue ⚛️ Air Products Announces Plans to Build Network of Commercial-Scale Multi-Modal Hydrogen Refueling Stations Connecting Edmonton and Calgary, Alberta, Canada 🤝 RepAir and Cella L...
HydroGraph to Supply Pristine Graphene to Volfpack Energy for Solar Power Battery Storage
TORONTO, April 30, 2024 (GLOBE NEWSWIRE) -- [HydroGraph Clean Power Inc.](https://hydrograph.com/) (CSE: HG) (OTCQB: HGCPF) (the “**Company**” or “**HydroGraph**”), a _commercial manufacturer of pr...
Verde AgriTech ranks in Top 100 Teams in XPRIZE Carbon Removal Competition
SINGAPORE, April 29, 2024 (GLOBE NEWSWIRE) -- [Verde AgriTech Ltd](https://verdepotash.com) (TSX: “**NPK**”) (“**Verde**” or the “**Company**”) is pleased to announce that it has been named as one ...
Driving Sustainable Energy Development: Hitachi Energy's Investment in Quebec's Infrastructure
[Hitachi Energy](https://www.hitachi.com/), a big tech company, said it's **putting more than $100 million** (about $140 million CAD) into making its power transformer factory and facilities better...
Vortex Energy’s Collaboration with the University of Alberta Receives Alberta Innovates Funding
**The University of Alberta will receive a total of $1.2 million from the Government of Alberta, through Alberta Innovates, for the project titled “Field Trial of Hydrogen Storage in Canadian Domal...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.