Chevron Corp plans on selling sustainable aviation fuel to Delta Air Lines

In a statement Chevron Corp and Delta Air Lines said, the former plans on producing a test batch of sustainable aviation fuel (SAF) and sell the same to Delta Air Lines at the Los Angeles International Airport, as part of a partnership the companies announced with Google to track SAF test batch emissions data using cloud-based technology.…

Department of Energy launches $100 million tech funding in push towards clean energy

In a statement the Biden Administration announced that the U.S. Department of Energy will “offer $100 million in funding to support low-carbon energy technologies”; it will also create a working group to aid their development and sale. The announcement was made by National Climate Advisor Gina McCarthy at the White House’s first meeting of the…

Mitsubishi Corp to supply clean energy to Amazon.com Inc’s European data centre

On Monday, in a report Japan’s the Nikkei business daily said, Mitsubishi Corp is set to enter into an agreement to “provide Amazon.com Inc’s European facilities with renewable energy through its Dutch unit, Eneco”. An offshore wind farm which is being built by Eneco is scheduled to come online in 2023; it will supply 130…

Astanor Ventures raises $325 million for investing in agri-food tech startups

On Friday, Astanor Ventures, a backer French insect breeder Ynsect as well as Germany’s vertical farmer InFarm stated, it had raised a $325 million fund to invest in sustainable agriculture, food, and ocean technology startups. The new fund will back ventures that seek to make the food supply more resilient to climate change and attempt…

Britain to draft regulations overseeing environmental impact of food chain on tropical forests

In a significant development, food manufacturers, supermarkets, and restaurant chains are coming under pressure from campaigners over the environmental impact the food chain is having on tropical forests midst calls to strengthen a plan to stop logging of trees in tropical forests to grow cocoa, palm oil and soy. With the food industry coming under…

BP looking to meaningfully participate in renewable energy sources

Although the company is continuing with its investments in shale oil in countries, including Argentina, faced with rising consumer demand for EVs, BP is weighing its options to see how it can meaningful participate and survive in this changing market. London-based BP is holding partnering talks with electric vehicle manufacturers to offer battery re-charging docks…

Siemens and AES enter into a 50-50 JV to service the growing energy storage market

The energy storage market is slated to grow 10 folds between 2016 to 2022, in the U.S. alone. German engineering conglomerate along with American energy firm AES Corp, have formed a joint venture to service the rapidly expanding energy storage market. Demand for large-scale energy storage is growing rapidly and the price of advanced batteries…