Category: Climate Tech
Aramco has commissioned a world-first Iron-Vanadium (Fe/V) flow battery system to store renewable energy for its gas operations, marking a major milestone in industrial energy storage. The 1-MW/hour battery system—installed...
The European Commission has selected 15 renewable hydrogen production projects across five countries in the European Economic Area (EEA), unlocking €992 million in public funding through the Innovation Fund. This...
Google has signed a renewable energy agreement with U.S.-based clean energy developer energyRe, securing Renewable Energy Credits (RECs) from over 600 megawatts (MW) of new solar and solar-plus-storage projects in...
Occidental and ADNOC’s investment arm, XRG, have signed a Strategic DAC Framework Agreement to evaluate a joint venture for a large-scale Direct Air Capture (DAC) facility in South Texas. Under...
Royal Philips has successfully priced a €1 billion dual-tranche bond issuance under its European Medium Term Note (EMTN) program, reinforcing its capital structure while advancing its sustainability agenda. The offering...
ReNew Energy Global will invest INR 22,000 crore ($2.5 billion) to develop one of India’s largest hybrid renewable energy (RE) projects in Andhra Pradesh’s Anantapur district. The facility will generate...
Microsoft has signed a landmark framework agreement with Rubicon Carbon to purchase 18 million tonnes of high-quality nature-based carbon removal credits, in what is among the largest single-buyer carbon credit...
Climeworks has completed large-scale testing of its Generation 3 Direct Air Capture (DAC) technology, confirming a significant leap in efficiency. Powered by Svante’s structured adsorbents, the system doubles CO₂ capture...
Octopus Energy Generation, the fund management arm of Octopus Energy Group, has launched a flagship fund designed to make clean energy infrastructure accessible to private wealth and pension investors—without compromising...
Aligned Climate Capital has closed its sixth distributed solar fund, Aligned Solar Partners 6 LP (ASP6), with commitments exceeding $240 million—surpassing its $200 million target. The oversubscribed fund marks the...
Coal India Ltd. announced a bold pivot towards clean energy with plans to install approximately 4.5 gigawatts of renewable power—primarily solar and wind—at an estimated cost of ₹250 billion (around...
Schroders Greencoat, the renewable infrastructure investment arm of Schroders Capital, has acquired a 24.5% stake in the UK’s West of Duddon Sands offshore wind farm from Ørsted for £456.1 million...
ReNew Energy Global Plc has landed a $100 million investment from British International Investment (BII) to expand its solar manufacturing footprint in India, marking the UK development finance institution’s first...
Microsoft has more than doubled its carbon removal commitment with Stockholm Exergi, increasing the volume of carbon dioxide to be permanently stored from 3.3 million tons to 5.08 million tons...
Microsoft has inked a long-term power purchase agreement (PPA) with Clearway Energy Group for 335 megawatts (MW) of wind energy from the repowered Mount Storm wind farm in Grant County,...
Carbon Alpha has partnered with Mangrove Systems to embed advanced digital monitoring, reporting, and verification (MRV) technology into its flagship North Star carbon removal project—Canada’s first large-scale bioenergy with carbon...
ALTÉRRA, the world’s largest private climate investment vehicle, has made its first direct investment into the Global South—injecting $100 million into India’s clean energy platform, Evren. The co-investment, made through...
Ingka Investments, the investment division of Ingka Group—the largest IKEA retailer—has officially launched its first solar park in Poland, marking a major step in its renewable energy strategy. Located in...
Microsoft is doubling down on durable carbon removal with a new five-year agreement to purchase 44,000 carbon removal credits from Carba, a Minnesota-based climate tech company. The credits will begin...
Zelestra has secured a $113 million Senior Secured Credit Facility with Banco Santander to finance its 81 MWdc Jasper County Solar Project in Indiana, a strategic addition to its growing...
Apollo-managed funds have committed up to $220 million in a joint venture with Bullrock Energy Ventures, targeting a significant expansion of community solar projects across New York and New England....
XPRIZE Awards Largest Climate Incentive in History XPRIZE has announced the winners of its $100 million Carbon Removal competition, a four-year global challenge backed by Elon Musk and the Musk...
Google has signed its first offshore wind power purchase agreement (PPA) in Asia Pacific, committing to buy clean energy from the 495 MW Fengmiao I offshore wind project in Taiwan....
Highlights Indigo Ag is redefining cropland as a climate asset, announcing its fourth carbon crop with 630K independently verified carbon credits issued through the Climate Action Reserve. This milestone brings...
Occidental (Oxy) has acquired Holocene, a Tennessee-based direct air capture (DAC) startup. In a strategic move to consolidate and scale its carbon removal operations. The acquisition marks Occidental’s second major...
Salesforce is integrating autonomous AI agents into its climate innovation efforts, positioning digital labor as a key enabler of scalable, nature-based solutions. Through its Salesforce Accelerator – Agents for Impact,...
Microsoft signed the largest carbon removal deal in history. The company will buy 6.75 million metric tons of engineered carbon removal from AtmosClear over 15 years. AtmosClear, a Fidelis portfolio...
Repsol has officially started electricity production at Antofagasta Phase 1, the company’s largest wind project to date. It is also one of Chile’s biggest renewable installations. The 364 MW facility...
Heidelberg Materials has received planning approval to build a carbon capture and storage (CCS) facility at its Padeswood cement plant in Flintshire, north Wales—positioning the UK closer to decarbonising one...
RayGen Resources has closed a landmark A$127 million Series D investment round, drawing strong support from global energy leaders and public sector investors. The raise, led by SLB with a...
Apollo Funds have committed up to $400 million to a new joint venture with Summit Ridge Energy, aimed at owning and operating commercial solar assets across Illinois—marking a major expansion...
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s leading renewable energy firm, has signed two pivotal agreements with PT PLN (Persero), Indonesia’s state-owned electricity company, to significantly advance...
Orbital Materials and cloud service provider Civo have entered a strategic partnership to pilot carbon removal technology within data centers—aiming to transform a high-emission industry with advanced, AI-powered materials. Civo...
Occidental Petroleum’s carbon capture unit, 1PointFive, secured critical EPA permits to sequester CO₂ underground from its direct air capture (DAC) facility, Stratos, located in Ector County, Texas. The permits were...
The EU is aiming for net-zero emissions by 2050—while also driving global competitiveness. A new policy roadmap, The AI Opportunity for Europe’s Climate Goals, outlines how AI can help deliver...
AIP Management has agreed to invest in Silicon Ranch, a leading U.S.-based independent power producer with a community-first model and 3.6 GW of operating capacity. This is AIP’s second investment...
Terradot is accelerating global carbon removal with science-backed ERW at scale. The climate tech company has signed a deal with Microsoft to remove 12,000 tonnes of CO₂ between 2026 and...
Savor, a trailblazing food tech company, has officially launched its agriculture-free butter, a first-of-its-kind innovation that eliminates the need for animal or plant-based fats. The commercial debut marks a major...
TotalEnergies has finalized three major acquisitions, strengthening its global renewable energy portfolio and reinforcing its multi-energy strategy. The deals span Europe, Africa, and North America, adding significant capacity in solar,...
NORD/LB Norddeutsche Landesbank and the European Investment Bank (EIB) today announced a EUR 165 million financing partnership aimed at accelerating renewable energy deployment across Europe. The financing was formalized at...
Norway’s sovereign wealth fund is making a bold clean energy move — investing €1.4B ($1.5B) to acquire a 49% stake in two offshore wind farms under construction in Germany and...
Exus Renewables, a global independent power producer (IPP), announced a 10-year Power Purchase Agreement (PPA) with Google for the Cascante wind farm in Navarra, Spain. The partnership is pivotal in...
Spiritus, a leader in direct air capture (DAC) technology, has appointed Brian Higgins, PhD, as Vice President of Technology Innovation, and Scott Kongkitisupchai, PhD, as Senior Director of Engineering. Both...
Saudi Aramco, in collaboration with Siemens Energy, launched the Kingdom’s first Direct Air Capture (DAC) test unit, capable of removing 12 tons of CO2 per year from the atmosphere. This...
Schroders Greencoat, the specialist renewables manager within Schroders Capital, acquired a 49% share in Repsol’s 400 MW renewable portfolio, valued at €580 million. The portfolio consists of eight wind farms...
Pentagreen Capital, a sustainable infrastructure financing platform founded by HSBC and Temasek, and British International Investment (BII) have jointly launched an $80 million financing facility with ib vogt Singapore to...
Swedish renewable energy developer OX2 has appointed Rebecca Karlsson as the new Chief Communications and Sustainability Officer. Karlsson, previously Head of Sustainability at OX2, has been with the company for...
Masdar, the UAE’s clean energy leader, announced a strategic partnership expansion with Endesa S.A., investing €184 million for a 49.99% stake in four Spanish solar plants totaling 446 MW. The...
Swedish power utility Vattenfall confirmed its final investment decision for the Nordlicht 1 and 2 offshore wind projects in Germany’s North Sea, marking a major step toward Germany’s renewable energy...
Apple Launches $99 Million China Clean Energy Fund to Reach 100% Renewable Supply Chain by 2030 Apple Inc. has launched its second China Clean Energy Fund, committing up to $99.3...
Puro.earth announced the company officially surpassed a monumental milestone, the issuance of over 1 million CO₂ Removal Certificates (CORCs), each representing one tonne of verified carbon dioxide removed from the...
Berlin’s CleanTech innovator, C1 Green Chemicals AG, has closed a €20 million financing round to advance its green methanol technology to market—marking a significant milestone in the race to defossilise...
Nordea has signed a multi-year contract with Norwegian firm Inherit Carbon Solutions to capture and permanently store at least 68,000 tonnes of CO2, significantly bolstering its carbon removal strategy. “This...
SBM Offshore today announced a global collaboration agreement with Microsoft to develop AI-driven, carbon-free floating power solutions, responding directly to rising global demand for reliable, affordable, and sustainable electricity. The...
European Commission President Ursula von der Leyen announced a €4.7 billion Global Gateway investment in South Africa at the EU-South Africa Summit in Cape Town today. This marks the initiation...
FireSat Revolutionizes Wildfire Detection The first satellite of the groundbreaking FireSat constellation has successfully launched, promising to transform wildfire detection and response by leveraging artificial intelligence. Developed through a collaboration...
Terabase Energy, a pioneer in digital and automation technologies for utility-scale solar, secured a $130 million Series C funding round led by SoftBank Vision Fund 2, joined by strategic investors....
Capture6 completed a $27.5 million Series A and project funding round to advance its groundbreaking technology that converts waste brine from water treatment into freshwater and carbon capture solutions. CEO...
TotalEnergies and RWE have signed a landmark agreement to supply TotalEnergies’ Leuna refinery with 30,000 tons per year of green hydrogen, significantly reducing its carbon footprint. The 15-year deal, starting...
SSE plc, the UK’s largest corporate issuer of green bonds, has successfully issued a €600m, seven-year green bond with a coupon of 3.5%, maturing on 18 March 2032. This marks...
Renaissance Fusion, Europe’s first magnetic confinement fusion startup, has raised €32 million ($33.2 million) in Series A funding to advance its nuclear fusion reactor and High Temperature Superconductors (HTS) technology....
Morocco’s government committee has approved major green hydrogen projects valued at 319 billion dirhams ($32.5 billion), aligning with its push for renewable energy dominance and European export goals. Who’s Involved...
What’s happening: Indian oil giant ONGC’s renewable unit, ONGC Green, has acquired clean energy firm PTC Energy for 9.25 billion rupees ($106M). The deal adds 288 MW of operational wind...
Nedbank Group Ltd. and Norwegian investment firm Norfund AS are acquiring a significant stake in Pele Energy Group, co-founded by former JPMorgan Chase banker Gqi Raoleka. The investment aligns with...
GE Vernova and Amazon Web Services (AWS) have signed a strategic framework agreement to power AWS’s expanding data centers while advancing energy security, grid reliability, and carbon reduction efforts. Why...
Key Impact Points: BBVA has teamed up with BloombergNEF (BNEF) to bolster its expertise in clean technology and the energy transition. This partnership gives BBVA access to BNEF’s research and...
Key Impact Points: China’s Climate Strategy: A Dual Approach China, the world’s largest emitter of greenhouse gases, is pushing forward with major renewable energy projects to meet its 2030 carbon...
Amazon Web Services (AWS) is leveraging AI to combat flood risks in Aragon, Spain, where it’s investing €15.7B ($17B) in new data centers. The initiative aims to strengthen local infrastructure...
Frontier has signed a groundbreaking $30.6 million deal with Phlair, an innovator in electrochemical direct air capture (DAC) technology, to remove 47,000 tons of CO₂ between 2027 and 2030. The...
United’s Bet on Carbon Capture: United Airlines’ UAV Sustainable Flight Fund is backing Heirloom, a leader in direct air capture (DAC) technology, to boost its decarbonization strategy. The investment includes...
AstraZeneca’s Green Energy Leap: AstraZeneca has launched a biomethane plant in Lincolnshire, England, to power all of its UK research and drug manufacturing facilities with clean energy by the end...
The European Commission has launched the Clean Industrial Deal, a sweeping business plan aimed at reinforcing industrial competitiveness, reducing emissions, and securing Europe’s clean energy future. The €100 billion initiative...
Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V (CI V) fund, has acquired full ownership of the 480MW Morecambe offshore wind project from COBRA Group and Flotation Energy, a...
India’s Green Power Surge: Indian state-owned power giant NTPC is making a bold move into renewable energy, committing over 2 trillion rupees ($23.07 billion) to projects in Madhya Pradesh. The...
National Grid is offloading its U.S. onshore renewables business to Brookfield Asset Management as part of a broader divestment strategy. The sale, valued at $1.74 billion including debt, reflects the...
Heineken’s Sustainability Progress in 2024 Heineken N.V. (“HEINEKEN”) publishes its combined Financial and Sustainability Annual Report 2024, highlighting broad-based growth, profit expansion, and sustainability impact. The report outlines Heineken’s significant...
ONGPL, a 50:50 joint venture between ONGC Green Limited (OGL) and NTPC Green Energy Limited (NGEL), has signed a Share Purchase Agreement (SPA) to acquire a 100% stake in Ayana...
Masdar, TotalEnergies, and EPointZero have signed a Framework for Action (FFA) to drive clean energy expansion in Africa and Asia, reinforcing UAE-France business cooperation. Strategic Collaboration The agreement, signed on...
Bloom Energy and Chart Industries have announced a strategic carbon capture partnership to provide low-emission, always-on power using natural gas and sequestration technology. The collaboration is designed to support energy-intensive...
BNP Paribas and the European Investment Bank (EIB) have signed an agreement that could generate up to €8 billion in wind energy investments across the European Union. This initiative aims...
Gulf Cooperation Council (GCC) nations have announced a landmark $100 billion investment in renewable energy by 2030. The move is part of a broader strategy to transition towards clean energy...
Cargill is expanding its footprint in Brazil’s renewable energy sector by acquiring the remaining 50% stake in SJC Bioenergia. The move gives Cargill full control of the sugar-energy company, reinforcing...
Altus Power , the largest owner of commercial-scale solar in the U.S., has entered into a definitive agreement to be acquired by TPG through its Rise Climate Transition Infrastructure strategy....
LEGO Scales Up Renewable Energy LEGO has ramped up its solar power efforts, adding 22 MWp of capacity globally since 2022. This includes a 400% increase at its Billund, Denmark...
IKEA Accelerates Shift to Renewable Electricity IKEA increased the share of renewable electricity in production to 75% in FY24, up from 71%. To drive further adoption, the company launched a...
Ørsted’s Board of Directors has announced Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as the company’s new Group President and CEO, replacing Mads Nipper. Errboe will officially assume...
The cement industry accounts for roughly 8% of global CO2 emissions. NeoCarbon’s carbon-curing technology could help significantly reduce this footprint. The breakthrough: NeoCarbon, a startup specializing in DAC solutions, has...
Driving Renewable Growth Macquarie Asset Management, on behalf of managed funds, has provided €97 million in debt financing to Greenalia Power Spain. The funding will support Greenalia’s onshore wind, biomass,...
Greentown Labs has named Georgina Campbell Flatter as its new Chief Executive Officer, following a $4 million funding round and board restructuring. Flatter’s background spans entrepreneurship, climate innovation, and nonprofit...
Investec has successfully closed financing for SolarAfrica’s SunCentral 1, securing the first 114 MW of the company’s utility-scale solar farm in the Northern Cape. The deal, valued at R1.8 billion,...
Santiago ranks 126th in global traffic congestion, with commuters spending over 23 minutes at traffic lights on a typical 10-kilometer trip, according to the TomTom Traffic Index 2024. This stop-and-go...
Expanding Global Renewable Footprint Amazon and Iberdrola, a leading clean energy provider, have expanded their renewable energy partnership with an additional 476 MW in power purchase agreements (PPAs). This brings...
Meta and Zelestra have expanded their clean energy partnership, signing four new EAPAs that will support the construction of 720 MWdc of solar projects across Hopkins, Lamar, Lampasas, and Henderson...
Repsol has approved a landmark investment in Catalonia to build Europe’s first facility transforming municipal waste into renewable methanol—a crucial fuel for decarbonizing transport and promoting the circular economy. “This...
Blueleaf Energy and Jakson Green are joining forces to develop a 1-gigawatt (GW) solar portfolio in Rajasthan, India. The $400 million investment aims to accelerate India’s clean energy transition. The...
TotalEnergies and STMicroelectronics have signed a physical Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics’ sites in France. The agreement, commencing in January 2025, guarantees 1.5 TWh of...
Schneider Electric and Atmen have joined forces to drive digital innovation in sustainability compliance and traceability for power-to-X (PtX) supply chains. Why It Matters: With operations in over 100 countries,...
Qatar is accelerating its commitment to sustainable development with a $2.5 billion (QR9.10bn) green bond initiative targeting renewable energy projects, infrastructure improvements, and environmentally friendly real estate development. Michael Brady,...
EIT InnoEnergy, the European Union-backed leader in sustainable energy innovation, closed 2024 with €4.3 billion raised for its portfolio of cleantech start-ups and scale-ups, cementing its role as a key...
BNP Paribas Asset Management (BNPP AM) announced the final close of its BNP Paribas Solar Impulse Venture Fund (BNPP SIVF), securing €172 million in capital. This exceeded the initial target...
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