Latest news with #CI
Associated Press
4 days ago
- Business
- Associated Press
Qnergy Sells Carbon Credits to Climate Investment from Landfill Methane Abatement Project in Utah
This carbon credit sale marks a milestone for Qnergy's CLEAR program and its partnership with Climate Investment. OGDEN, UT, UNITED STATES, June 3, 2025 / / -- Qnergy, a leading methane abatement solutions provider to the oil and gas and waste management industries, has successfully completed the sale of high-quality carbon credits to Climate Investment (CI), a specialist decarbonization investor. This transaction marks a major milestone in Qnergy's expansion into the voluntary carbon market and a full-circle moment for both companies, as CI is also a Qnergy investor. 'Climate Investment (CI) selected Qnergy's landfill gas abatement credits based upon their high quality. Qualified under the American Carbon Registry, Qnergy's credits demonstrate excellent measurability and permanence, clear additionality and the project delivers strong ancillary benefits for the local community. As a long-term investor in Qnergy, CI is delighted to see the company begin to address methane abatement in the landfill space. CI will retire the credits to offset its residual emissions as part of its GHG reduction strategy.' Matthew Harwood, Managing Director, Impact & LP Engagement at CI The credits were generated under CLEAR, Qnergy's comprehensive landfill methane abatement and carbon credit generation initiative. The CLEAR program targets closed and unregulated landfills and is designed to reduce operational liability through real, measurable emissions reductions. The program enables asset monetization via verified carbon credits and revenue sharing. Qnergy and Utah's Weber County Department of Economic Development launched a project to address methane emissions from a closed landfill, which is now classified as a CLEAR project. At the heart of this project is the TORCH4, a methane destruction system powered by Qnergy's highly reliable Free Piston Stirling Engine. This TORCH4 installation operates continuously on previously stranded low-methane landfill gas and generates carbon credits by eliminating methane emissions. The project is generating verified carbon credits through the American Carbon Registry under the Landfill Methane Capture and Combustion protocol. These credits demonstrate: Clear additionality (carbon credit revenue is the only funding source), permanent methane destruction, and meaningful community co-benefits, including odor reduction and improved safety at the recreational park. Ory Zik, Qnergy's CEO, said, 'Climate Investment has been instrumental in helping Qnergy reach this point. The sale of these CLEAR-generated carbon credits represents a milestone for both companies. Kudos to our teams for getting this done.' As Qnergy scales the CLEAR initiative to other landfill sites, this project highlights a replicable model for turning closed landfills into assets, supporting both local communities and global sustainability goals. About Climate Investment: Climate Investment (CI) is an independently managed specialist investor focused on driving industrial decarbonization. The firm provides early-stage through growth equity capital to innovative companies and partners with large corporations, governments and non-profit organizations to scale their market adoption and impact. Operational since 2017, CI has invested in over 40 climate tech companies across energy, transportation, buildings and industry that have collectively delivered 95 MT CO2e of cumulative greenhouse gas reduction in the period 2019-2023. Climate Investment was founded by member companies of the Oil & Gas Climate Initiative ('OGCI'). They have invested in Climate Investment funds and deployed many of its portfolio innovations, supporting their early commercial development. Visit CI Media contact: Jason Dela Cruz, [email protected] About Qnergy: Qnergy provides solutions for methane mitigation, converting low-grade, polluting methane into valuable electricity, heat, and clean air. Powered by our innovative Free Piston Stirling Engine, we deliver scalable, cost-effective, and reliable solutions for methane emissions sources worldwide. With thousands of units already deployed, Qnergy has abated millions of tonnes of CO2e, enabling customers to achieve net-zero targets while maintaining profitability. Jackie Copeland Qnergy [email protected] Visit us on social media: LinkedIn Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Time of India
4 days ago
- Politics
- Time of India
Punjab Police arrests Pakistan spy from Tarn Taran for sharing sensitive info to ISI during Operation Sindoor
Gopal Singh Chawla TARN TARAN: The Counter Intelligence(CI) Wing of Punjab has uncovered a conspiracy involving a resident of Tarn Taran in collaboration with Gopal Singh Chawla, a prominent Khalistani leader in Pakistan, who is reportedly operating under the direct command of the Inter-Services Intelligence (ISI). Director General of Police, Punjab, Gaurav Yadav informed on Tuesday that CI, Punjab in a joint operation with Tarn Taran police have arrested Gagandeep Singh alias Gagan, a resident of Mohalla Rodupur, Gali Nazar Singh Wali, Tarn Taran who has been in contact with Chawla and used to share sensitive information concerning army movements during Operation Indoor. Chawla, a pro-Khalistan Sikh leader from Nankana Sahib and the chairman of Punjabi Sikh Sangat, has been consistently vocal in his anti-India rhetoric. He has reportedly played a key role in organizing anti-India demonstrations and is believed to be tasked by ISI with identifying 'soft targets' among Indian Sikh jathas visiting Pakistan on religious occasions . Chawla first came into the spotlight after posting photographs with Hafiz Saeed, the founder of Jamaat-ud-Dawa and the mastermind behind the 26/11 Mumbai terror attacks. Yadav informed that the investigations have revealed that Gagan was engaged in sharing classified details, including troop deployments and strategic locations, posing a threat to national security. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cặp EUR/USD: Đà Tăng? IC Markets Đăng ký Undo 'Gagandeep Singh had been in touch with Pakistan-based Khalistani supporter Gopal Singh Chawla for the past five years, through whom he was introduced to the Pakistani Intelligence Operatives (PIOs) and also received payments from PIO's via Indian channels, said Yadav. CI, Punjab have recovered a mobile phone containing intelligence that he shared with the PIOs, as well as the details of over 20 ISI contacts. Thorough financial and technical investigations are underway to trace other linkages and establish the full scope of this espionage network, said he. In 2019, Jalandhar police had arrested one Harpal Singh Pala, resident of Bhatija village who was in touch with Gopal Singh Chawla for allegedly supplying crucial and strategic information to the ISI agent Chawla Yadav informed that an FIR has been registered under the Official Secrets Act at PS City, Tarn Taran, and further investigation is in progress.
Hindustan Times
26-05-2025
- Hindustan Times
Close aide of terrorist Arsh Dalla nabbed from Gujarat
Punjab Police have arrested a close associate of foreign-based terrorist Arsh Dalla and Jindi Mehandipuria, who is a brother of slain terrorist Teja Mehandipuri, from Ahmedabad in Gujarat, said director general of police Gaurav Yadav here on Monday. The operation was jointly conducted by counter-intelligence (CI), Jalandhar, and Hoshiarpur Police with the support of Gujarat Police. DGP Yadav said that preliminary investigations have revealed that the accused Lavish was acting under the direct instructions of Dalla and was engaged in extortion activities, including firing at targets to intimidate victims. Also Read | 'Pakistan will be wiped out': J&K LG Manoj Sinha's stern warning for 'terrorist nation' 'The accused has a criminal background with multiple cases about murder, attempted extortion through gunfire, and other serious offences have been registered against him,' he added. He said that accused Lavish has remained in constant communication with his foreign-based handlers and was preparing to execute a sensational crime in Punjab. Sharing operation details, assistant inspector general CI-Jalandhar Navjot Singh Mahal said that Punjab Police had been following the trail of the accused Lavish for the last few months, and following the technical and human intel, police teams managed to track his location in Gujarat. Also Read | Barbaric terrorism backed by nuclear power biggest danger to world: MJ Akbar in Paris 'With the support of Gujarat Police, we have successfully arrested him from the area of Usmanpura in Gujarat,' he said. The AIG said that a preliminary investigation has revealed that accused Lavish had conducted a recce of a Rahon-based liquor contractor and a Nawanshahr-based travel agent from whom Dalla had demanded extortion of ₹50 lakh each. Hoshiarpur senior superintendent of police (SSP) Sandeep Kumar Malik said that the accused had been absconding since May 2024 after committing murder in the Model Town area of Hoshiarpur. Also Read | 'Dare to remove women's sindoor': PM Modi warns Pakistan, terrorists The arrested accused had also fired gunshots outside the house in Sukhdev Nagar to intimidate the owner to extort money, he said, while adding that further investigation is underway to identify additional operatives and trace both backwards and forward linkages in this case.
Yahoo
26-05-2025
- Business
- Yahoo
UBS Maintains Buy Rating on Cigna (CI) Stock
On Friday, May 23, UBS analyst AJ Rice reaffirmed a 'Buy' rating on The Cigna Group (NYSE:CI) with a price target of $390. Rice shared his views after a recent investor event at the Evernorth Innovation Lab, which was held together with the company's management team. The Cigna Group's (NYSE:CI) strategic departure from the Medicare Advantage (MA) business was highlighted. The company's management showed strong confidence regarding the current mix of businesses, which includes commercial healthcare, pharmacy benefit management, and specialty drug and other care services. A healthcare team discussing strategies for patient advocacy programs. Rice expressed confidence that The Cigna Group (NYSE:CI) can continue to achieve its goal of low-double-digit earnings growth. This positive outlook is in part because the company is strategically moving away from the difficulties linked to government-related healthcare programs. The analyst's report emphasized the company's diverse business portfolio as a key strength. A key topic at the event was The Cigna Group's (NYSE:CI) GLP1 program. Rice discussed this program, which is for clients who do not currently cover GLP1 medications for weight management. This represents about half of Evernorth's clients. The program aims to make GLP1 treatments more accessible by sharing costs fairly between the plan sponsor and the patients, while also offering a lower net cost of these drugs for all clients. According to Rice, this program will help both clients and patients by offering more accessible treatment options and managing costs effectively. The Cigna Group (NYSE:CI) is a global health company that operates through two divisions, Cigna Healthcare and Evernorth Health Services. The company has sales capabilities in over 30 markets and jurisdictions. While we acknowledge the potential of CI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CI and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Sign in to access your portfolio
New Indian Express
24-05-2025
- New Indian Express
Andhra cops detain 15 illegal migrants from Bangladesh, Myanmar
VIJAYAWADA: In a surprise search operation carried out in Kanuru and Tadigadapa under Penamaluru PS limits, NTR district police, along with Counter Intelligence (CI) cell and Penamaluru police, found as many as 15 youngsters from Bangladesh and Myanmar residing in hostels and working at local construction sites, located in Kanuru, Tadigadapa and Poraki on Friday. According to sources, the CI cell received reliable information that 15 Bangladeshi and Myanmar nationals were illegally staying and raided a house in Kanuru village. Preliminary investigations revealed that around 20 families had migrated from Bangladesh and Myanmar and had been residing in Hyderabad for the past ten years, working as security guards, construction labourers, and in other odd jobs. 'A total of 15 persons from these families were working at construction sites in Kanuru and Tadigadapa villages through a civil contractor. The police are verifying the antecedents of the foreign nationals and have placed them under the custody of the NTR District Commissioner's Task Force (CTF),' said the sources. It may be recalled that the NTR police had taken ten individuals into custody last month on suspicion of having links with SIMI and other banned terrorist organizations. Contractors to face action for employing foreigners Following the Pahalgam terror attack and 'Operation Sindoor,' the intelligence department and local police have intensified searches for individuals staying illegally in the country. In the wake of recent arrest of Vizianagaram-based youth Siraz-Ur-Rahaman in the terror-related case, Intelligence department focused on possible illegal immigrants in the state and raided an under construction house in Kanuru on the early hours of Friday. Police said necessary action would be taken against the contractors for providing employment to the foreign nationals without verifying their identities. Arrangements are being made to deport all of them to their respective home countries.
