Here’s the Daily ESG Digest for January 11th, Tuesday.
1. (North America) Renewable Energy Investment. Marking one of the largest-ever renewable energy investments in North America, alternative investment manager Blackstone announced an agreement to invest approximately $3 billion in private renewable energy company Invenergy Renewables Holdings LLC. (Link)
2. (Asia) Hydrogen from Trash. Toyota, Iwatani and JGC have announced that they will be collaborating on a new source of clean hydrogen as Japan continues to push forward toward an H2 economy. The three major Japanese corporations will use household and industrial plastic waste for H2 production. (Link)
3. (Global) Energy Storage. Goldman Sachs is investing $250 million to help the company build more than 1 GW/8.7GWh of its Advanced Compressed Air Energy Storage (A-CAES) projects in California and Australia. Hydrostor’s A-CAES process uses renewable energy or power from the grid to run a compressor. (Link)
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