Drax

VIAVI Demonstrates Leadership in RAN Intelligence Test and Training at 2024 RIC Forum

Retrieved on: 
Thursday, March 28, 2024

CHANDLER, Ariz., March 28, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has participated in the 2024 RIC Forum , March 26-28, in Dallas, Texas.

Key Points: 
  • CHANDLER, Ariz., March 28, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has participated in the 2024 RIC Forum , March 26-28, in Dallas, Texas.
  • The company contributed its TeraVM RIC Test and TM500 Network Tester to multiple demonstrations, building on collaborations at MWC 2024, where the company partnered with industry leaders to showcase RIC test and app training.
  • Live app demonstration by Capgemini – Capgemini Engineering presented energy-saving xApps and rApps for networks of different types, such as backpack RAN, mobile RAN, pole-mounted RAN and others using the TM500 for UE emulation.
  • At MWC Barcelona , TeraVM RIC Test supported demonstrations by Aira Technologies, VMware by Broadcom, Rakuten Symphony, Samsung and Singapore University of Technology and Design (SUTD).

Drax partners with Molpus Woodlands to fuel BECCS operations in the Southeast US

Retrieved on: 
Wednesday, January 31, 2024

HOUSTON, Jan. 31, 2024 /PRNewswire/ -- Carbon removals and renewable energy company Drax Group has announced a new partnership with Molpus Woodlands Group (Molpus). The agreement will provide Drax with an option to purchase sustainably sourced woody biomass to fuel its bioenergy with carbon capture and storage (BECCS) operations in the US Southeast.

Key Points: 
  • The agreement will provide Drax with an option to purchase sustainably sourced woody biomass to fuel its bioenergy with carbon capture and storage (BECCS) operations in the US Southeast.
  • Drax will have the option to take up to 1 million green tons per year of sustainably sourced fiber under a long-term fiber supply agreement.
  • "The sustainable fiber secured through this agreement with The Molpus Woodlands Group, a leading US forestry company, takes us one step closer to bringing Drax's BECCS ambitions to life."
  • To learn more about BECCS by Drax and our ambition to remove 6 million tons of carbon annually in the United States, visit https://www.drax.com/bioenergy-with-carbon-capture-and-storage-beccs/ .

Drax Foundation Donates More Than $450,000 Aiding Canadian Organizations Focused on Supporting Indigenous Communities

Retrieved on: 
Wednesday, November 22, 2023

VANCOUVER, British Columbia, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Renewable energy company Drax has announced that five Canadian non-profits will receive over $450,000 from the second round of Drax Foundation donations.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Renewable energy company Drax has announced that five Canadian non-profits will receive over $450,000 from the second round of Drax Foundation donations.
  • “These organizations invigorate the communities they work in and have lasting impacts on the people and areas they serve,” said Sandy Sung, Community Manager for Drax Canada.
  • “I’d like to thank the Drax Foundation for its generous support as their focus in supporting STEM education, and advancing equity and access to STEM education resonates with Actua’s mission,” said Jennifer Flanagan, CEO of Actua.
  • To learn more about the Drax Foundation and community projects that Drax has previously funded, visit https://drax.com/ca/news/ .

Drax Foundation Donates More Than $430,000 to Non-Profits Focused on Improving Access to STEM Education and Community Green Spaces for Underserved Communities

Retrieved on: 
Wednesday, November 22, 2023

 MONROE, La., Nov. 22, 2023 /PRNewswire/ -- Renewable energy company Drax has announced that seven U.S. non-profits will receive $433,000 as part of the Drax Foundation's latest round of donations. The Drax Foundation funds initiatives that support education and skills development in Science, Technology, Engineering, and Math (STEM), and those that improve community green spaces and enhance biodiversity.

Key Points: 
  • The Drax Foundation funds initiatives that support education and skills development in Science, Technology, Engineering, and Math (STEM), and those that improve community green spaces and enhance biodiversity.
  • The funds will provide nearly 16,000 children across the southern U.S. with access to STEM education opportunities.
  • Combined with the first wave of funding earlier this year from the Drax Foundation, more than 24,000 young learners will be afforded opportunities in STEM education.
  • "This round of Foundation giving will help deserving organizations change the lives of thousands of children across the southern U.S."
    To learn more about the Drax Foundation and Drax's community efforts, visit www.drax.com/community .

Drax Partners with Patch to Enhance Carbon Credit Offering

Retrieved on: 
Wednesday, November 8, 2023

With the Patch Radius software solution, Drax customers will be able to seamlessly purchase from a number of portfolios of carbon credits, including those from BECCS by Drax.

Key Points: 
  • With the Patch Radius software solution, Drax customers will be able to seamlessly purchase from a number of portfolios of carbon credits, including those from BECCS by Drax.
  • Drax has the ambition to become a global leader in carbon removals through the implementation of bioenergy with carbon capture and storage (BECCS) technology, with the aim of capturing 14 million metric tonnes of carbon removals a year by 2030.
  • Supporting Drax's ambition in carbon removals, this partnership aims to accelerate the carbon market by facilitating carbon credit sales to companies of all sizes looking to achieve their climate goals.
  • In addition to using the Patch software to facilitate the sale of BECCS by Drax credits to Drax customers, Drax also plans to submit BECCS by Drax credits to be evaluated against Patch's project acceptance criteria.

Drax joins the Carbon Business Council

Retrieved on: 
Wednesday, September 20, 2023

MONROE, La., Sept. 20, 2023 /PRNewswire/ -- Carbon removals and renewable energy company, Drax Group, has joined the Carbon Business Council, an organization comprised of more than 100 leading carbon management growth companies working to reverse climate change.

Key Points: 
  • MONROE, La., Sept. 20, 2023 /PRNewswire/ -- Carbon removals and renewable energy company, Drax Group, has joined the Carbon Business Council , an organization comprised of more than 100 leading carbon management growth companies working to reverse climate change.
  • As a Cornerstone Member, Drax will work with the Carbon Business Council to accelerate the scaling of carbon removal technologies and build a network of leaders within the carbon dioxide removal (CDR) space.
  • Drax's expertise will assist the Carbon Business Council in developing CDR policy, building awareness of why carbon removals are an essential pillar of climate action, and fostering community within the CDR industry.
  • "At Drax, we want to become global leaders in carbon dioxide removals and are thrilled to be joining the Carbon Business Council as a Cornerstone member to further accelerate the development of the nascent CDR industry," said McKenzie.

Tory MP's historic family links to slavery raise questions about Britain's position on reparations

Retrieved on: 
Friday, September 1, 2023

This would include compensation for loss of life and liberty, uncompensated labour, personal injury, mental pain and anguish and gender-based violence.

Key Points: 
  • This would include compensation for loss of life and liberty, uncompensated labour, personal injury, mental pain and anguish and gender-based violence.
  • But then centuries of value derived from the trade in human beings produced for Britain an equally unimaginable sum.
  • According to the Treasury, the loan was only finally paid off in 2015.
  • One example is the Drax family of the Charborough Estate in Dorset, which is now owned by Conservative MP, Richard Drax.

Drax family legacy

    • For the past three years I have been researching – and have just completed – an unauthorised history of the Drax family.
    • The family appears to be unique in having an unbroken history of owning sugar plantations in the Caribbean from their inception until the present day.
    • Their ancestor James Drax (c.1609-1662) was one of the first settlers in Barbados in 1627 and is credited with inventing the British sugar industry in the 1630s.
    • His descendant – the Conservative MP for South Dorset, Richard Grosvenor Plunkett-Ernle-Erle-Drax, (who prefers to be known as Richard Drax) heads the family that owns the vast Charborough Estate and the Drax Hall Plantation in Barbados.
    • Although he is a public figure, Richard Drax and his family are very private, not least about their wealth which is locked into a number of trusts.

Mounting pressure for reparations

    • In the three years since I first wrote about Richard Drax MP, the call for reparations has gotten much louder.
    • Globally, Drax has come to symbolise those whose families benefited from slavery but rebuff formal apologies and paying reparations.
    • Pressure has grown on him and in October 2022 he flew to Barbados to meet with the country’s prime minister, Mia Mottley.
    • In the meeting between Drax and Mia Mottley, he was offered two options, one a package of reparations including all or a substantial part of Drax Hall.

Drax Joins World Economic Forum's First Movers Coalition

Retrieved on: 
Tuesday, August 29, 2023

MONROE, La., Aug. 29, 2023 /PRNewswire/ -- Drax today announced its membership to the First Movers Coalition (FMC), playing its part in the development of the nascent carbon dioxide removals (CDR) market and working toward becoming a global leader in the potentially trillion-dollar sector.

Key Points: 
  • Led by the World Economic Forum and the U.S. Department of State, the FMC is currently focused on addressing eight hard to abate industries, which are currently responsible for 30% of global emissions, such as shipping and aviation.
  • Drax will join the Carbon Dioxide Removals group, comprised of businesses with commitments to purchase durable and scalable carbon removals from solutions such as Bioenergy with Carbon Capture and Storage (BECCS) , a vital new technology, in which Drax is a pioneer.
  • "We welcome the opportunity to join the World Economic Forum in their efforts developing early markets for innovative technologies like BECCS."
  • "We are thrilled to welcome Drax to the First Movers Coalition and look forward to working alongside the company to drive the acceleration of the global carbon removals market," said Nancy Gillis, Program Head of the First Movers Coalition at the World Economic Forum.

Texas and Alabama Non-Profits Focused on Environment, Youth Enrichment Receive Funding from Drax Foundation

Retrieved on: 
Wednesday, June 21, 2023

MONROE, La., June 21, 2023 /PRNewswire/ -- Drax has announced its first round of grant recipients who will be receiving funding from the newly created Drax Foundation. Launched in March 2023, the Drax Foundation funds initiatives that support education and skills development in Science, Technology, Engineering, and Math (STEM), as well as those that improve green spaces and enhance biodiversity.

Key Points: 
  • MONROE, La., June 21, 2023 /PRNewswire/ -- Drax has announced its first round of grant recipients who will be receiving funding from the newly created Drax Foundation.
  • In the U.S., the Drax Foundation has provided a total of $105,000 across four organizations in Texas and Alabama: The Texas Alliance for Minorities in Engineering (TAME), the Houston Audubon, The Galveston Bay Foundation and The Gulf Coast Center for Ecotourism & Sustainability.
  • "TAME welcomes Drax Foundation into our alliance as we continue to prioritize cross-sector partnerships that improve access to engineering pathways for Texas students," said Andrea Herrera Moreno, Executive Director of TAME.
  • Combined, the first wave of funding from the Drax Foundation will benefit nearly 8,400 young learners in STEM education.

Drax Selects Houston, Texas as Headquarters for Bioenergy Carbon Capture Business

Retrieved on: 
Wednesday, May 24, 2023

MONROE, La., May 24, 2023 /PRNewswire/ -- Drax today announced it will establish its North American headquarters for Bioenergy with Carbon Capture and Storage (BECCS) in Houston, Texas. The new office will serve as the hub for Drax's team focused on bringing BECCS projects to fruition throughout the United States and Canada.

Key Points: 
  • MONROE, La., May 24, 2023 /PRNewswire/ -- Drax today announced it will establish its North American headquarters for Bioenergy with Carbon Capture and Storage (BECCS) in Houston, Texas.
  • BECCS is the only technology that can deliver reliable, dispatchable renewable power while permanently removing millions of tons of carbon dioxide from the atmosphere.
  • Drax continues to evaluate 9 further sites in North America, creating a pipeline of development opportunities into the 2030s.
  • Drax's office in Monroe, Louisiana will remain the headquarters for its North America Pellet Operations, which also includes regional offices in Vancouver and Prince George, Canada.