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Category: Climate Tech
Key Impact Points: A New Path to Net Zero SAP SE has teamed up with Ambipar, a global leader in environmental solutions, to launch “Net Zero as a Service.” This...
Key Impact Points: Addressing Urban Heat Islands By 2050, two out of three people will live in or around cities, making it crucial to tackle climate challenges in urban areas....
Key Impact Points: Why it matters: X-energy, a leader in advanced nuclear technology, secured $500 million in Series C-1 funding, anchored by Amazon. The investment will help accelerate the deployment...
Amazon is accelerating its transition to carbon-free energy by investing in innovative nuclear power projects. The company has signed three new agreements to support the development of Small Modular Reactors...
Key Impact Points: Why it matters: Germany, aiming to become climate-neutral by 2045, is taking bold steps to decarbonize its industries. The government’s $3.1 billion subsidies will support industrial companies...
Key Impact Points: ADNOC has completed the acquisition of OCI Global’s majority stake in Fertiglobe, increasing its ownership to 86.2%. The remaining 13.8% of shares will continue to trade freely...
Key Findings: Global insurers are increasingly focused on low-carbon transition and clean energy infrastructure investments, according to BlackRock’s 13th annual Global Insurance Report. A staggering 99% of respondents have set...
Key Impact Points: IBM has acquired Prescinto, a leading asset performance management (APM) SaaS provider for renewable energy. The acquisition strengthens IBM’s Maximo Application Suite (MAS), enhancing its ability to...
Key Impact Points: Saudi Arabia has completed the first hydrogen train test in the Middle East, according to Dr. Bashar Al-Malik, CEO of the Saudi Railway Company. “This project is...
Key Impact Points: Financing Announcement BrightNight has announced the successful closing of a $260 million tax-equity financing commitment for its 300-megawatt Box Canyon solar project in Pinal County, Arizona. This...
To accelerate the clean energy transition across the U.S., Google has signed the world’s first corporate agreement to purchase nuclear energy from multiple small modular reactors (SMRs) to be developed...
Key Impact Points: ESG Book, a leading provider of sustainability-related data on public and private companies, has announced a strategic partnership with Zfolio, the premier platform for managing financed emissions....
Greece has presented a revised national energy and climate plan that significantly raises its renewable energy targets, aiming for renewables to account for 82% of electricity generation by 2030. This...
Significant Investment in Sustainable Projects The Public Investment Fund (PIF) of Saudi Arabia has identified a capital expenditure requirement of $19.4 billion for its eligible green projects, with $5.2 billion...
Key Impact Points: Petrobras is investing R$ 90 million to build its first pilot plant for renewable hydrogen production. Slated to begin operations by early 2026, the plant will be...
Doubling Down on Green Energy Spain’s Iberdrola, Europe’s largest electricity company, announced plans to double its UK investment to £24 billion ($31 billion) between 2024-2028. The move, ahead of the...
Key Impact Points: Google advances 24/7 clean energy goal energyRe announced that Google has signed a 12-year power purchase agreement (PPA) for renewable energy from a 435-megawatt (MWdc) solar project....
Key Impact Points: Goldman Sachs Boosts BrightNight’s Renewable Energy Expansion with $440M Investment Goldman Sachs Alternatives has made a $440 million equity investment in BrightNight, a next-generation renewable energy company....
Key Impact Points: Uber Technologies Inc. has taken a significant step forward in its sustainability efforts by preparing to launch an AI assistant, developed in collaboration with OpenAI’s GPT-4o technology,...
Expanding Climate Tech Support HSBC has deepened its collaboration with Google Cloud, launching new initiatives to support the burgeoning climate tech sector. This partnership, particularly through the Google Cloud Ready...
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