If you forecasted banking-as-a-service as one of the top trends in 2022, you can go ahead and put a check mark next to your prediction. That’s because U.K.-based digital bank Starling Bank announced today it is launching a software-as-a-service product, Starling as a Service. Starling as a Service will help banks launch their own digital Read more...

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The beauty of soil carbon storage is the multitude of other benefits that accompany this nature-based solution, we call these additional benefits “soil carbon plus.”

The post What is “Soil Carbon Plus”? appeared first on Grassroots.

Increased digitization makes strong cybersecurity more important than ever.

Goldman Sachs, through its recently released note to clients, has stated that Bitcoin could reach as high as $100k in this year.

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TOKYO, Jan 7, 2022 - (JCN Newswire) - JERA Co., Inc. ("JERA") and Mitsubishi Heavy Industries, Ltd. ("MHI") have received notice of acceptance of their grant application, under the Green Innovation Fund program of the New Energy and Industrial Technology Development Organization ("NEDO"), to conduct a project to develop and demonstrate a technology to increase the ammonia co-firing rate at coal-fired boilers (the "Project").

Ammonia enables efficient, low-cost transport and storage of hydrogen. In addition to this role as an energy carrier, it can also be used directly as a fuel in thermal power generation. As a fuel that does not emit carbon dioxide when burned, ammonia is expected to offer great advantages in reducing greenhouse gas emissions. In order to achieve a decarbonized society, it is important to reduce CO2 emissions from thermal power generation by innovating to increase the co-firing rate of fuel ammonia.

This Project aims to develop an ammonia single-fuel burner suitable for coal-fired boilers and to demonstrate operation of the burner at actual boilers. The term of the Project is approximately 8 years from FY 2021 to FY 2028.

By FY 2024, JERA and MHI will develop a new burner capable of single-fuel ammonia combustion and draw up a master plan for equipment to demonstrate its use in actual boilers. Based on the results, the two companies will decide whether to install the burners at JERA's coal-fired boilers made by MHI. For the actual plant demonstrations, JERA and MHI plan to verify co-firing with at least 50% ammonia at two units with different boiler types by FY 2028.

Under its "JERA Zero CO2 Emissions 2050" objective, JERA has been working to reduce CO2 emissions from its domestic and overseas businesses to zero by 2050, promoting the adoption of greener fuels and pursuing thermal power that does not emit CO2 during power generation. JERA will continue to contribute to energy industry decarbonization through its own proactive efforts to develop decarbonization technologies while ensuring economic rationality.

Under its "MISSION NET ZERO" declaration, MHI will promote the energy transition in cooperation with partners around the world, and contribute to achieving a carbon-neutral society through the collective efforts of the group by its products, technologies, and services that can contribute to CO2 reduction.

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comJERA Co., Inc. and Mitsubishi Heavy Industries, Ltd. have received notice of acceptance of their grant application, under the Green Innovation Fund program of the New Energy and Industrial Technology Development Organization, to conduct a project to develop and demonstrate a technology to increase the ammonia co-firing rate at coal-fired boilers.

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BEIJING, China, Jan 6, 2022 - (JCN Newswire) - Honda Motor (China) Investment Co., Ltd., a wholly-owned Honda subsidiary in China, today announced that Dongfeng Honda Automobile Co., Ltd., a Honda automobile production and sales joint venture in China, will build a new dedicated electric vehicle (EV) production plant to establish sufficient production system and capability in preparation for the expansion of its EV lineup in the coming years.
Aiming to begin production in 2024, the new dedicated EV plant will be built in Wuhan Economic Development Zone in Hubei Province, China, with a lot size of 630,000 square meters, and a basic annual production capacity of 120,000 units.

Designed as a highly efficient and smart plant capable of start-to-finish EV production, the new plant will conduct complete processes for EV production including stamping, welding, painting, assembly and complete vehicle inspection. The plant also will strive to achieve an industry-leading level of automation, mainly in the assembly area.

Moreover, the new plant will proactively pursue sustainability initiatives, which will include utilization of renewable energy sources such as solar power toward the realization of carbon neutrality, use of recycled water and other resource conservation measures and reduction of VOC* emissions, a major source of air pollution.

Honda will continue accelerating its electrification efforts toward the realization of carbon neutrality by 2050 and offering attractive products that exceed customer expectations.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comDongfeng Honda Automobile Co., Ltd. will build a new dedicated electric vehicle (EV) production plant to establish sufficient production system and capability in preparation for the expansion of its EV lineup in the coming years.

New service offers critical data for portfolio decarbonization and shareholder engagement strategies

(PRWeb January 06, 2022)

Read the full story at https://www.prweb.com/releases/ffi_solutions_launches_net_zero_transition_dataset_to_help_investors_align_portfolios_with_climate_goals/prweb18417771.htm

In November, global leaders met at the COP26 summit in Glasgow to discuss how to best meet goals to reduce carbon emissions on both a national and international scale and keep global warming within 1.5°C. However, the event made it clear that achieving carbon neutrality by 2030, or even keeping temperature change within 1.5°C, won’t […]

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