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 🔧 America Bets Big on Blue Hydrogen: Inside the Engine Revolution Backed by Top Institutions 🤖 Bringing AI to Carbon Capture: How Imperial College is Revolutionising Plant Operat...
Inside This Issue 💰 Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion 🚢 AiPs Obtained for Liquefied CO₂ Carrier Design and Floating Liquefied Storage Facility 🌱 Stoc...
Inside This Issue 🌍 Innovating the Future: Gautam Swami's Global Journey in Low-carbon Energy and Finance 🌊 Captura Announces Sale of Carbon Removal Credits and Strategic Partnership With Mitsui O...
Willis Sustainable Fuels Progresses Teesside SAF Project
COCONUT CREEK, Fla., March 31, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provi...
City of Winona Expands Renewable Energy Capacity at Wastewater Treatment Plant with Capstone Green Energy Microturbines Project Costs Were 90% Covered Through Federal Tax Credit and DOE Grant LOS...
OSLO, Norway, March 27, 2025 /PRNewswire/ – The world's first large-scale BECCS (bioenergy with carbon capture and storage) project is moving into construction following a final investment decision...
Broomfield, CO, March 31, 2025 (GLOBE NEWSWIRE) -- Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), forms SEER Carbon Corp. as the entity to spearhead efforts to produce i...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.