Polar Night Energy Successfully Closes €7.6m in Seed Funding Polar Night Energy has successfully secured €7.6m in seed funding. This significant investment will play a crucial role in realizing Polar Night Energy's vision of decarbonizing energy production and establishing itself as a global provider of large-scale thermal energy storage solutions. | Minnesota Development Awarded $4.7M for Geothermal Energy System The Minnesota Climate Innovation Finance Authority (MnCIFA) awarded a $4.7 million loan, the first for MnCIFA, to The Heights Community Energy, who plans to construct and operate a district geothermal energy system at The Heights development on the East Side of Saint Paul. | First York puts 12-strong upgraded electric bus fleet into service Equipmake, the UK-based engineering specialist pioneering the development and production of electrification products across the automotive, aerospace, bus, coach, and marine industries, is working i8n partnership with First York and has delivered a fleet of 12 upgraded electric buses with all vehicles now in full operation in the city. | Biomass Terragia Secures $6M to Develop Cost-Competitive, Low-Carbon Biofuel Technology Terragia Biofuel has raised a $6 million seed round led by Engine Ventures and Energy Impact Partners (EIP). The company will use the capital to commercialize its novel biology-based approach to converting cellulosic biomass into ethanol and other products, expand its employee headcount and initiate partnerships with major biofuel producers. | Biofuels Southwest Airlines Acquires SAFFiRE Renewables Southwest Airlines has acquired SAFFiRE Renewables as part of the investment portfolio of its wholly owned subsidiary Southwest Airlines Renewable Ventures. SARV is dedicated to creating more opportunities for Southwest® to obtain scalable sustainable aviation fuel. | Electric/Hybrid Yamaha Motor Closes Acquisition of Torqeedo Torqeedo, a marine electric mobility company, announced the successful closing of the acquisition by Yamaha Motor. The closing of the share purchase agreement with German engine manufacturer Deutz AG, the previous owner of Torqeedo, marks a milestone in Yamaha Motor's Marine CASE Strategy 2024, which aims to achieve carbon neutrality in the marine industry and includes the development of an electric propulsion line. | StoreDot becomes first company to achieve more than 2,000 XFC cycles Energy saving SMECO Continues Partnership With ICF for Energy Efficiency Work Southern Maryland Electric Cooperative has retained consulting and technology services provider ICF under a three-year contract to continue to serve as the implementer of the utility's energy efficiency and demand response programs as part of the statewide EmPOWER Maryland initiative. | Hydrogen Interviews Solar manufacturing in Europe: An interview with Laura Miranda Perez of Oxford PV Earlier this year, Oxford PV invited REM to the Solar Power Summit in Brussels to talk to Head of Sustainability at Oxford PV Laura Miranda Perez. Although we could not attend on this occasion, we caught up with Laura subsequently to discuss the current situation with solar manufacturing in Europe and how the solar sector can prosper. | Miscellaneous RINA Awards Kindon AiP for DAC Green Methanol Offshore Production Platform The multinational inspection, certification, ship classification and engineering consultancy, RINA, has awarded Kindon New Energy Technology the Approval in Principle (AiP) for its green methanol offshore production platform solution. Produced entirely offshore, the methanol is derived from renewable CO2 through DAC (Direct Air Capture) technology and green hydrogen from offshore wind power water electrolysis technology. | Hitachi Energy and SP Energy Networks to boost renewable energy flow Panorama PV Slight rebound in module prices but demand outlook remains strong according to pv.index and PMI Storage Wind Kitepower Secures Permit for Remote Monitoring of Hawk and Falcon Systems Kitepower, the Dutch startup specializing in sustainable energy generation using kites, has been granted a permit by the Dutch Human Environment and Transport Inspectorate (ILT) to conduct 'Beyond Visual Line of Sight' (BVLOS) flights. This marks a significant milestone for Kitepower in the development and commercialization of its technology. | Mooreast secures anchor order for floating offshore wind project in Southern France Agenda Global Sustainable Islands Summit 2024 HackSummit |