Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Bain, 1PointFive Agree on 9,000 Ton DAC Removals for Net Negative Strategy
Bain & Company agreed to purchase 9,000 tons of direct air capture (DAC) carbon removal credits over three years from 1PointFive’s STRATOS facility in Texas, supporting Bain’s net-negative emissions strategy and expanding its engineered CDR portfolio. The credits, equivalent to emissions from 10,000 long-haul flights, will be stored via long-term geologic sequestration, financing DAC infrastructure amid high costs and limited supply. The deal highlights voluntary market demand for durable removals as companies address residuals, with STRATOS backed by IRA 45Q incentives and Occidental’s expertise.
News Link
#Bain #1PointFive #DAC #CarbonRemoval #EngineeredCDR #NetNegative #ClimateSolutions
Grassroots Carbon Reaches 1.9 Million Tons of Verified Soil Removals for Net Zero Demand
Grassroots Carbon became the first US firm to deliver 1.9 million tons of verified soil carbon removals, with over 1.5 million tons retired by corporate buyers like Nestlé and Microsoft, paying $40 million directly to ranchers since 2022 across 2 million acres in 22 states. The program incentivizes regenerative grazing for soil health, using deep 1-meter soil sampling, microbial DNA testing, and sensors for rigorous MRV, holding the largest private US soil carbon dataset. It boosts water infiltration (up to 30x), biodiversity, productivity, and rural economies on America’s 655 million grassland acres, positioning it as a scalable natural CDR solution.
News Link
#GrassrootsCarbon #SoilCarbon #NaturalCDR #RegenerativeGrazing #CarbonRemoval #SustainableRanching
Meta inks trio of nuclear deals to support AI ambitions
Meta signed nuclear power deals with TerraPower, Oklo, and Vistra to enable up to 6.6 GW of clean energy by 2035, powering its AI data centers amid a 24% rise in emissions from AI demand despite a 3.5% drop in Scope 1/2 emissions. TerraPower agreement supports up to eight reactors (2.8 GW for Meta), Oklo funds a 1.2 GW Ohio campus (online 2030-34), and Vistra’s 20-year PPA delivers 2.6 GW from three plants with license extensions. These follow Meta’s prior Constellation deal, positioning it as a major US nuclear buyer to meet net-zero by 2030 and bolster grid reliability.
News Link
#Meta #NuclearEnergy #CleanEnergy #AIPowerDemand #DataCenters #EnergyTransition #NetZero
Stack Carbon To Develop The First Large-Scale Biochar Facility In Uganda
Climate tech startup Stack Carbon signed an MOU with China’s Jiaxing Tongao Environmental Technology and Norway’s TerraCapX AS to build Uganda’s first large-scale biochar facility, the $12 million Nile Char Carbon Removal Project, during a Uganda Parliament ceremony. The facility will process over 10 million tonnes of agricultural waste over 20 years into biochar, sequestering CO₂, improving soil health, and cutting reliance on imported chemical fertilizers costing farmers $300 million annually. Jiaxing will supply pyrolysis equipment for 30 tonnes/day production; installation starts mid-2026, with commercial operations in Q3 2026, following market standards and training 100 local stakeholders.
News Link
#Uganda #Biochar #CarbonRemoval #AgriculturalWaste #ClimateTech #CarbonSequestration #SustainableFarming
Ørsted Takes US Government to Court Over Halted $5 Billion Offshore Wind Project Weeks From Power Generation
Ørsted has sued the US government in DC federal court for an injunction to resume construction on its 87% complete $5 billion Revolution Wind offshore project (704 MW off Rhode Island), halted by a Trump administration lease suspension citing national security concerns over radar interference. The joint venture with BlackRock’s Global Infrastructure Partners has spent billions under prior federal/state approvals, including DoD mitigation agreements, and aims to power 350,000 homes via 20-year PPAs with Connecticut/Rhode Island utilities. The order affects five East Coast projects totaling nearly 6 GW; Ørsted is also assessing options for its Sunrise Wind project amid broader policy risks to US offshore wind.
News Link
#Orsted #OffshoreWind #USRenewables #EnergyPolicy #CleanEnergy #WindPower #InfrastructureRisk
Masdar Wins Landmark PPA to Build Southeast Asia’s Largest Floating Solar Plant in Malaysia
Abu Dhabi Future Energy Company PJSC, Masdar, has entered the Malaysian market with a landmark power purchase agreement to develop a 200MW floating solar photovoltaic project, a move that immediately places the UAE-backed developer at the centre of Southeast Asia’s clean energy buildout. This is the first project under a broader 10GW renewable energy roadmap agreed between Masdar and the Malaysian Investment Development Authority in 2023. The $208 million Chereh Dam project anchors Malaysia’s push toward a 35 percent renewable energy mix by 2030.
News Link
#Malaysia #SoutheastAsia #UAE #FloatingSolar #PPA #CherehDam #RenewableRoadmap #Masdar
DHL Signs Major SAF Deal with Neste Ahead of New EU Rules
DHL Express confirmed a new fuel agreement. The company signed a binding offtake contract with the renewable fuels producer Neste. Under this deal, DHL will receive 50 million liters of Sustainable Aviation Fuel (SAF) for deliveries in 2026.
The fuel will be used in DHL’s air cargo flights to help reduce carbon emissions. This deal is one of the first under the tightened ReFuelEU Aviation rules, which increase SAF requirements at European airports starting in 2026.
DHL moved early to lock in supply. The company expects SAF prices to rise once the new rules begin in January. Securing supply now helps DHL manage future costs and ensure fuel availability as demand grows.
News Link
#DHL #Neste #SAF #ReFuelEU #Aviation #Offtake #2026 #AirCargo #EmissionsReduction
Glencore buys majority stake in Dutch fuel company FincoEnergies
Global commodity giant Glencore will take majority ownership of Dutch low-carbon fuel supplier FincoEnergies, marking a strategic move into energy transition markets. The deal strengthens Glencore’s downstream footprint in European transport fuels and biofuels while accelerating consolidation among trading houses seeking physical assets tied to decarbonization. FincoEnergies plans to expand renewable fuels, insetting credits, and low-carbon solutions across road, marine, and broader transport sectors, positioning itself as a key player in Europe’s clean energy shift.
News Link
#Glencore #LowCarbonFuels #Biofuels #DownstreamAssets #Europe #TransportDecarbonization #EnergyTransition
Microsoft Secures 95.7 MW Solar Supply in Spain with Zelestra and ECODES
Microsoft signed a long-term Power Purchase Agreement (PPA) with Zelestra for 95.7 MWac of solar power from the Escatrón II and Fuendetodos II projects in Aragón, Spain, supporting its carbon-negative goals and expanding datacenter operations. The deal includes a community benefits fund managed by nonprofit ECODES to fund local sustainability, social inclusion, and access to green infrastructure for vulnerable groups, emphasizing just transition principles. This model integrates corporate renewable procurement with regional socioeconomic development, enhancing project resilience and local acceptance while aligning with Europe’s rising ESG expectations for energy buyers.
News Link
#Microsoft #Spain #SolarPower #PPA #Sustainability #JustTransition #Datacenter #CommunityBenefits
Ørsted Becomes First Energy Major to Complete Full Green Transition
Danish utility Ørsted has become the first major energy company to complete a full green transition, reducing its Scope 1-2 greenhouse gas emissions by over 98% from its 2006 baseline and achieving 99% renewable energy share. The company closed its last coal-fired plant in 2024 and has built over 18 GW of renewable capacity, mainly offshore wind. Ørsted’s science-based targets are validated by SBTi, with a net-zero value chain goal set for 2040. The company now focuses on cutting Scope 3 emissions in its supply chain and collaborating for low-carbon materials and shipping solutions. This transition sets a benchmark for the global energy sector ahead of COP30.
News Link
#Ørsted #Denmark #GreenTransition #RenewableEnergy #NetZero #SBTi #OffshoreWind