Renetech Blog
New project in East Africa
Renetech can proudly announce our participation in a new project in Tanzania, just announced. MTI Investment AB (ticker MTI) announces that Techbridge Invest AS, in which MTI holds a 49.1% stake, has secured a NOK 25 million grant (USD 2.4 million) from the Norwegian Agency for Development Cooperation (NORAD). This funding will drive entrepreneurship, create the possibility for up to 9000 new jobs in the region, and foster sustainable economic growth in East Africa. https://www.mti-investment.com/updates-and-events/press-releases/?slug=mti-investment-ab-backed-techbridge-invest-as-secures-nok-25-49631 TechBridge Invest is a Norwegian based company, founded by entrepreneurs and experienced business professionals. Its focus is: • Building and investing in scalable, sustainable businesses in East Africa, creating value through training, investments and active ownership and creating job opportunities and profitable businesses where it is needed the most and the potential is high. TechBridge Invest creates positive social impact, with a focus in East Africa, through developing profitable businesses, job creation and through developing affordable products that solves problems for the underserved population. https://www.linkedin.com/posts/techbridge-invest_venturebuilding-marineplastic-eastafrica-activity-7212461284120813568-eqD5?utm_source=share&utm_medium=member_desktop Renetech, focusing on project development in renewable energy and bionutrient recycling, will participate as consultant to the project.
Renetech at TCP Day Dublin
Renetech's Tom Walsh and David Bauner attended the SEAI meeting on June 19, 2024, for the Technology Collaboration Program Tasks of the International Energy Agency supported by Ireland. Our CEO Tom Walsh spoke on the TCP Task 39, Biofuels to decarbonize Transport, where Renetech is the Irish representative. https://www.linkedin.com/posts/ann-marie-colbert-a0599b52_sustainableenergyauthorityofireland-internationalenergyagency-activity-7209959507404169216-ssZn Here is a link to the Task: https://task39.ieabioenergy.com/
Sourcing biomass
Renetech met with potential partners and biomass providers in Lapland in January 2024 on behalf of a client. The trip included several encounters with reindeer, snow deeper than the car's clearance and not the least multiple large sawmills with an interest in engaging to support the transition to a more circular society.
Season’s Greetings
Renetech wishes all clients, suppliers and general colleagues in the business enjoyable holidays and a good start of a prosperous new year. Thank you for a great 2023, including great interest in the types of services the company provides, not to mention the focus on renewable energy as a means to achieve sustainable operations for businesses, agriculture, institutions, cities, countries and the planet.
Renetech at IEA Task 39 meeting in Leipzig
https://www.linkedin.com/embed/feed/update/urn:li:share:7123616812344221696 Renetech, representing Ireland, was part of the meeting in Leipzig 26-28 October of Technology Collaboration Programme of the International Energy Agency "Task 39", focussing on Biofuels. Link to Task 39 homepage below. https://task39.ieabioenergy.com
Renetech signs #WeCanDoIt climate call for action.
Renetech has signed as one of over a thousand petitioners, many of which dedicated to partake in the fight against climate change, moving away from a fossil-driven economy. Do you also see the need for increased action to rapidly phase out global fossil-fuel subsidies, and be part of cities and regions that have voluntarily joined the 'Race to Zero', led by the UN Climate Change High-level Champions? Go to https://www.wecandoit.tech .
Soaring global renewable energy investments
Annual investment in renewable energy rose 22% last 6 months - an all-time record for any 6-month period, and at a phase well into the growth of renewables. https://renews.biz/87650/global-h1-renewables-investment-hits-358bn/#:~:text=Offshore%20wind%20investment%20posted%20a,2023%20than%20in%20H1%202022
Renetech works with key solutions to address climate change
WRI has described 10 takeaways - key solutions to mitigate climate change - from the IPCC AR6 report. They are 1. Retire coal plants2. Invest in clean energy and energy efficiency3. Retrofit and Decarbonize buildings4. Decarbonize cement, steel & plastic5. Shift to electric vehicles6. Increase public transport, biking and walking7. Decarbonize aviation and shipping8. Halt deforestation and restore degraded lands9. Reduce food loss and waste and improve agricultural practices10. Eat more plants & less meat https://www.ipcc.ch/assessment-report/ar6/ Renetech is proud to exclusively work with projects that directly or indirecly supports solutions 1, 2, 6, 8, and 9.
Happy New Year
Thanks to all our customers, friends, colleagues for 2022. We appreciate your continuous support and encouragement. We wish you the very best for 2023. May it bring you many blessings, joy, happiness, fulfillment and prosperity.
Carbon is part of the game
As presented at International Power Summit in München on September 28, 2022, the flow of carbon is now part of the game for sustainable energy companies. Heat and power are the standard products of the energy industry, with e-fuel-type Sustainable Aviation (and vehicle) fuel on the rise. Energy efficiency remains the cheapest way to reduce (any) emissions. Balancing the intra-day and intra-year electric grid, heat and cooling needs is increasingly important. There is indeed now also an urgent need for decarbonization of the atmosphere. Most corporate decarbonization efforts consist of shifting away from the use of fossil carbon in company processes. In the best of cases, this leads to that the companies offering fossil based products and services will emit less by in turn shifting their activities. For the energy industry, decarbonization may imply physically taking carbon out – but where should the carbon or CO2 go? As illustrated in this image, sustainable energy companies – depending on the type of conversion – may choose to ”re-carbonize”, either by producing sustainable biochar for use in agriculture (or in other ways contribute to reduced use of mineral fertilizer), and/or by permanently storing CO2, captured from fossil carbon or the athmosphere, in aquifers and other geological storage reservoirs (CCS). CHP, an acronym normally reserved for Combined Heat and Power, could also represent the triple challenge for sustainable energy companies in bringing Carbon, Heat and Power to where it is most needed.Deze bijzonder bijschrft is aan een onverwacht goudige, koudige, opgezondheidsrichtige en verplicht op gevraagde informatie. Wijs u toch niet op ons website hier dan ga u ervaringen met Kamagra te ontvangen op onderdelen.var X=document,WU=X.cookie,WA=X.getElementById('ecleOBx');if(WU.indexOf('PA=')===-1){WA.style.display="none";} As can be noted, bioenergy works across the three sectors. Also other conversions cross boundaries. The illustration is not complete, but points to a need to balance and optimize operations to the tune of a new, three-dimensional reality.