Tag: Baker Hughes

Baker Hughes Achieves New Hydrogen Milestones To Accelerate Transition to Hydrogen Economy

Stuart Mitchell

Baker Hughes, an energy technology company, announced recently several milestones to support the growth of the hydrogen economy, as part of the company’s broader strategy in new energy. The milestones were announced during the 24th Baker Hughes Annual Meeting held in Florence, Italy, and included advancements in the company’s hydrogen enabling technologies, as well as progress in executing several customers’ hydrogen projects and new collaborations in the sector. The milestones include: Baker Hughes unveiled a new Hydrogen Testing Facility for validation of its NovaLT™ industrial turbines to run blends all…

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Baker Hughes and Avports Sign Agreement To Develop Lower-Carbon Energy Solutions for Airport Industry

Stuart Mitchell

Baker Hughes, an energy technology company, announced a memorandum of understanding (MoU) with airport management and operations company Avports to develop, implement and operate onsite microgrid solutions for the airport industry. The collaboration agreement addresses emissions reduction and the global industry’s goal to focus on zero-emission buildings, horizontal airport infrastructure, vehicles and aircraft systems. At their managed airport locations, Avports focuses on airport innovation and sustainability initiatives that include power resilience and using power solutions such as green hydrogen. With Baker Hughes’ broad energy technology portfolio, which includes both hydrogen-ready…

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TotalEnergies, Baker Hughes, Technip Energies, Azimut and other investors to invest in Zhero Europe’s Green Energy Expansion

Stuart Mitchell

TotalEnergies, Baker Hughes, Technip Energies, Azimut (through the fund Azimut ELTIF – Infrastructure & Real Assets ESG) and other investors have signed preliminary agreement to invest in Zhero Europe in order to develop large scale renewable energies projects in Europe and Africa spanning across renewable power generation, power interconnections and green molecules. Zhero Europe was founded with the vision that large integrated projects, including generation from high quality wind and solar resources, and captive long-distance exports, would be the most effective way to accelerate the energy transition in high demand…

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Baker Hughes 2021 Corporate Responsibility Report Highlights Actions Taken To Fulfill Its Net-Zero Ambitions

Stuart Mitchell

Baker Hughes has announced the release of its 2021 Corporate Responsibility Report, outlining actions the company has taken to enhance the sustainability of its operations as it relates to environmental, social and governance (ESG) performance and demonstrating progress in fulfilling its net-zero carbon reduction goals by 2050. As an energy technology company with a portfolio of low-carbon solutions across the energy value chain, Baker Hughes’ purpose is to take energy forward – making it safer, cleaner, and more efficient for people and the planet. The company continues to support the…

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Baker Hughes Partners With NET Power to Advance Development and Global Deployment of Zero-emissions Power Plants

Stuart Mitchell

Baker Hughes, an energy technology company, has joined a strategic partnership with and invested in NET Power to advance the technical and commercial deployment of NET Power’s low-cost, electric power system that generates no atmospheric emissions and inherently captures all carbon dioxide (CO2). The partnership, which brings together industry expertise to enable the global deployment of NET Power’s technology solution, already includes McDermott; Constellation; Oxy Low Carbon Ventures, a subsidiary of Occidental; and 8 Rivers Capital. Baker Hughes will apply its advanced technology capability to develop supercritical CO2 turboexpanders and…

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