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Category: Climate Tech
The Integrity Council for the Voluntary Carbon Market announced that current renewable energy methodologies won’t qualify for the high-integrity CCP® (Core Carbon Principles) label. These methodologies, representing nearly a third...
Pioneering Efficiency and Safety Ørsted, a global leader in offshore wind, has launched the world’s first heavy-lift cargo drone (HLCD) operations at the Borssele 1&2 Offshore Wind Farm. This marks...
The Ministry of Trade and Industry (MTI) introduced the Energy Transition Measures and Other Amendments Bill to Parliament, aiming to amend the EMA Act, Electricity Act, and Gas Act. These...
Standard Chartered announced the successful closing of a six-year, $235 million non-recourse senior secured term green loan. The funds will develop, construct, and operate a 1.35 million square foot solar...
Iberdrola, through its US subsidiary NYSEG (New York State Electric & Gas Company), successfully placed a USD 525 million (EUR 490 million) 10-year green bond issue in the US. This...
Britain’s financial watchdog has expanded the range of “dormant” assets, potentially unlocking an extra 880 million pounds ($1.12 billion) to fund social and environmental projects. This expansion aims to support...
Iberdrola has secured a €500 million syndicated green loan with ICO, Sabadell, and HSBC, covered by Cesce through its Green Investment Policy on behalf of the State. The loan, guaranteed...
Goldman Sachs Fuels BrightNight’s Growth BrightNight, a top renewable power firm, secures a $440 million investment from Goldman Sachs Alternatives. This funding will fully finance BrightNight’s five-year plan and its...
The UK government has announced a record budget of over £1.5 billion for the next renewable energy auction, aiming to enhance energy security and reduce costs for families and businesses....
ArcLight has launched SkyVest Renewables, committing an initial $500 million to operate and optimize renewable assets. As part of this initiative, ArcLight has acquired a 160 MW wind farm in...
A recent survey of nearly 500 sustainability professionals by Salesforce reveals a complex relationship between AI and sustainability. While 4 in 10 professionals worry about AI’s potential negative impacts, 57%...
The European Investment Bank (EIB) has activated a €5 billion initiative to bolster Europe’s wind-energy equipment manufacturers. This includes a €500 million counter-guarantee to Deutsche Bank AG, facilitating up to...
The Spanish government has approved nearly 300 renewable power projects, aiming to boost the country’s green energy capacity by over 28 gigawatts. This move, announced on Monday, is part of...
Enel S.p.A. has approved a share buyback program to purchase 2.9 million treasury shares, approximately 0.029% of its share capital. This program, running from September 16 to December 16, 2024,...
SAEL group has successfully issued its first US dollar-denominated green bonds, raising $305 million in the international markets. This marks a significant milestone, providing the company access to a deeper,...
Universal Hydrogen’s Dream Crashes Universal Hydrogen aimed to revolutionize hydrogen-powered flights with nearly $100M from investors like Playground Global and Toyota Ventures. The company liquidated after failing to secure further...
VF Corporation (NYSE: VFC), a global leader in apparel, footwear, and accessories, has released its 2024 Green Bond Impact Report. The report details the full allocation of net proceeds from...
Prime Minister Keir Starmer and Energy Secretary Ed Miliband announced a major partnership between Great British Energy and The Crown Estate, projected to drive up to £60 billion in private...
Cyan Renewables (“Cyan”), Asia’s leading offshore wind services platform, announced its acquisition of Australian offshore marine services provider MMA Offshore (“MMA”) (ASX) for A$1.1B (US$702M). This landmark deal makes Cyan...
NGP has launched NGP Sustainable Real Assets, LLC, securing approximately $500 million from NGP’s Energy Transition IV fund and co-investors. NGP SRA focuses on developing clean energy assets, including power,...
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