Category: Climate Tech
The U.S. Department of the Treasury and IRS released final rules for the section 45V Clean Hydrogen Production Tax Credit, aiming to drive industry growth while meeting stringent emissions standards....
Poland’s power-grid operator PSE announced a $15.4 billion (64 billion zlotys) investment plan spanning 2025 to 2034. The plan includes: Renewable Energy Focus: PSE’s infrastructure upgrades will enable the delivery...
Fervo Energy, a pioneer in next-generation geothermal energy, announced $255 million in new funding to accelerate the deployment of its enhanced geothermal systems (EGS) projects. The funding includes $135 million...
Financial Close for Empire Wind 1 Equinor has secured over $3 billion in project financing for Empire Wind 1, with financial close reached in December 2024. The project’s total capital...
Portugal’s Renewable Energy Milestone Portugal’s renewable energy generation hit a record 71% in 2024, marking a significant leap from 61% in 2023, according to grid operator REN. REN stated, “This...
JSW Energy, led by billionaire Sajjan Jindal, has announced a $1.47 billion acquisition through its JSW Neo Energy unit to buy renewable energy platform O2 Power’s subsidiaries. This significant deal...
Vietnam has enacted a new Electricity Law, effective February 1, 2025, to modernize its energy sector and create a robust framework for renewable energy development. The amended law addresses longstanding...
Trane Technologies a global climate innovator, has named Mauro Atalla as its new Chief Technology and Sustainability Officer, effective January 5, 2025. Atalla will lead the company’s product development, innovation,...
What’s happening: China has greenlit the construction of the world’s largest hydropower dam on the Yarlung Zangbo River in Tibet. This ambitious project aims to produce 300 billion kilowatt-hours of...
The Suez Canal Economic Zone (SCZONE) has finalized $64 billion in green hydrogen investments through 12 framework agreements, aiming to produce 18 million tons of green hydrogen annually. Chairperson Waleid...
Italian state railways, Ferrovie dello Stato, is making a bold push into renewable energy. CEO Stefano Donnarumma announced plans for a €1.3 billion ($1.36 billion) investment in a photovoltaic plant,...
Tackling Growing Energy Demand in 2024 As global electricity demand continues to surge, driven by AI, electrification, and digitalization, building smarter energy systems presents both challenges and opportunities. In 2024,...
Qcells’ Solar Manufacturing Expansion The Department of Energy’s Loan Programs Office (LPO) has announced a $1.45 billion loan guarantee to Hanwha Qcells Georgia for constructing a state-of-the-art solar manufacturing facility...
VictoriaMetrics Drives Efficiency in Gemini Solar + Storage Project VictoriaMetrics has partnered with IHI Terrasun Solutions to deliver advanced data management for the $1.2 billion Gemini Solar + Storage project,...
Iberdrola’s Milestone Investment in Sicily Iberdrola has secured a €100 million green loan from the European Investment Bank (EIB), backed by SACE’s Archimede guarantee, to construct a state-of-the-art photovoltaic (PV)...
Crusoe, the industry’s first vertically integrated AI infrastructure provider, has raised $600 million in Series D funding, valuing the company at $2.8 billion. Founders Fund led the round, joined by...
The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has approved a $15 billion conditional loan guarantee to Pacific Gas & Electric (PG&E) for hydropower, battery storage, and grid...
Vanguard Renewables has appointed Michael O’Laughlin as its Chief Executive Officer, tasking him with accelerating the national growth of its Farm Powered® anaerobic digestion platform. O’Laughlin, an experienced leader in...
Deutsche Bank has facilitated a AUD 2.3 billion financing package for Global Power Generation Australia (GPG) to expand its renewable energy portfolio in the Asia Pacific region. Acting as the...
Accenture has agreed to acquire IQT Group, an Italian provider of engineering managed services for large infrastructure projects, to advance its capabilities in planning and executing net-zero infrastructure initiatives. Expanding...
Official logo of ESG News (C) 2025