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Sasol, the global chemicals and energy company, and Topsoe,  a player in carbon emission reduction technologies, announced the successful launch of their joint venture, Zaffra.

The planned unit, jointly owned by SINOPEC and TotalEnergies, will have the capacity to produce 230,000 tons of SAF per year, and will process local waste or residues from the circular economy (cooking oils and animal fats).

Global innovation platform, Plug and Play Japan, has selected 68 startups from Japan and overseas for the Summer/Fall 2024 Batch accelerator program, which will be carried out from June 2024 to September 2024.

They have signed an agreement describing the plans and measures of the individual companies to transform the industry on the west coast and the support of the Schleswig-Holstein state government in achieving the targets.

Cloover, a Berlin-based climate fintech startup, has secured $114 million seed round to fuel the growth of its operating system for the renewable energy industry.

As energy costs and consumption continue to capture homeowners’ attention, IKEA embarks on a journey to create digital experiences and smart energy products designed to help customers save energy and make better decisions around their electricity consumption at home.

Trucks that run on green hydrogen provide a significant step for Volvo to achieve its net zero goal and support customers in reaching their decarbonization targets.

The campaign will feature a 60-second and two 30-second broadcast hero spots that launched in mid-May and will continue running throughout the summer in placements during key events including the Olympics, MLB games and the NBA playoffs.

This project utilizes ZTE's innovative green power solution that combines solar energy, methanol-powered hydrogen fuel cells, and intelligent energy storage.

Aramco, one of the world's integrated energy and chemicals companies, has allocated an additional $4 billion to its global venture capital arm, Aramco Ventures.

Dentsu will join the GEAPP Alliance, already 50 partners strong, using its global creative expertise and leveraging the dentsu network to tell the stories of renewable energy solutions and galvanize support for this mission worldwide.

Maniv, a global venture capital firm based in Tel Aviv and NYC, announced the closing of its third fund, a $140 million vehicle to invest in seed and Series A stage startups that brings the firm’s assets under management to nearly $320 million.

The new company, which will be based in France, will address the growing needs of decarbonized and efficient urban logistics.

It is anticipated that the joint venture will become operational following the formal closing which is expected in the second quarter of 2024.

 So far, the company has installed solar panels within the grounds of some manufacturing sites and has harnessed the renewable energy generated from these panels in its production activities.

An amount of $1.3 million was awarded to Israeli climate tech startups as part of the startup track of the Climate Solutions Prize (CSP).

This innovative Fresnel technology plays a crucial role in transitioning to renewable thermal energy, aligning with Heineken’s ambition of achieving net-zero emissions across its value chain by 2040.

Prysmian, a player in the energy transition and digital transformation, has launched, in collaboration with Interbrand — a brand consultancy for nearly 50 years — the group’s new brand: a new asset that aims to support and amplify Prysmian’s new business strategy.

This is in line with Heineken’s ambition to reach net-zero carbon emissions in the value chain by 2040, with logistics representing 12% of their total carbon footprint.

This means a significant overhaul and expansion of Volvo Trucks heavy-duty offering globally and a vital step to reduce the carbon footprint from the product portfolio.

The partners also intend to develop and operate new large scale offshore wind projects in Sweden and Finland through a joint-venture, and to bid for the upcoming offshore wind tenders in Denmark.