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Category: Climate Tech
KKR, a leading global investment firm, and IGNIS, a leading integrated global renewable group based in Spain, today announce an agreement to launch IGNIS P2X, a new Power-to-X (P2X) platform...
Neustark, a Swiss carbon removal company, has raised $69 million to expand its operations globally. Led by Decarbonization Partners and Blume Equity, the funding aims to remove 1 million tons...
ExxonMobil and Air Liquide have formed a strategic partnership to drive the production and distribution of low-carbon hydrogen and ammonia, aiming to decarbonize industrial operations along the U.S. Gulf Coast....
EIT InnoEnergy, the leading innovation engine in sustainable energy supported by the European Institute of Innovation & Technology (EIT), announces the launch of the European Solar Academy. Mandated by the...
HyFive, the green hydrogen and derivatives platform of energy transition infrastructure investor White Summit Capital (WSC), will invest 250 million euros to build a green hydrogen and methanol production plant...
Google for Startups announced the launch of two new accelerator programs designed to empower European and Israeli startups working on climate change solutions and artificial intelligence (AI). The Google for...
Key Points: A majority of U.S. voters support key climate policies, according to recent research by the Yale Program on Climate Change Communication and the Center for Climate Change Communication...
Google has embarked on an ambitious partnership with NV Energy to develop a pioneering clean energy model. This initiative centers around the Clean Transition Tariff (CTT), a framework designed to...
This partnership will mobilize investments through innovative financing solutions to scale up private sector-led clean energy generation and distribution in Nigeria. RMI, founded as Rocky Mountain Institute, and the Nigeria...
The Texas General Land Office (GLO) has announced a request for proposals (RFP) to lease 1.1 million acres of state-owned offshore areas for carbon sequestration projects. This initiative is a...
Schroders is proud to officially unveil its extensive solar farm installation at its Horsham campus, marking a significant milestone in the Group’s sustainability journey. The farm encompasses 2,606 solar panels...
Two Utility-Scale Projects at Idaho National Lab Will Help Spur Clean Electricity Generation on DOE-Owned Land, Ensuring the Federal Government is Leading by Example in the Effort to Reach the...
The governing board of the Climate Investment Funds (CIF), the pioneering multilateral climate fund delivering low-cost finance to over 70 developing countries, endorsed a new investment plan presented by the Government...
Climeworks is future-proofing its technology for scaling globally to gigaton carbon removals by using the latest research and development findings in its filter materials and plant design. At its annual...
Rio Tinto will invest US$143 million (A$215 million) to develop a research and development facility in Western Australia to further assess the effectiveness of its low-carbon ironmaking process, BioIronTM, to...
The European Commission has approved, under EU State aid rules, an Italian scheme to support a total of 4590 MW of new capacity for electricity production from renewable energy sources....
Key Impact Points: China has unveiled the world’s largest solar farm in Xinjiang, marking a groundbreaking advancement in renewable energy. The new solar complex, covering an area comparable to New...
Key Impact Points: China has announced plans to establish a comprehensive carbon footprint management system by 2027. This ambitious initiative aims to track and reduce carbon emissions across various industries,...
A new report published today by the City of London Corporation and Climate Policy Initiative (CPI) has revealed that tracked UK financial institutions have almost tripled their investment into clean-energy...
Key Impact Points: Amazon, Google, Microsoft, Nucor, and Duke Energy have joined forces to accelerate carbon-free energy generation through innovative tariff agreements. These agreements, known as Accelerating Clean Energy (ACE)...
Report assesses 11 apparel and footwear companies’ insufficient efforts to eliminate fossil fuels from supply chains, manufacturing, shipping A 2024 report update to last year’s Fossil-Free Fashion Scorecard released today by environmental...
Clean Energy Ventures (CEV), a leading global venture capital firm funding early-stage climate innovations, today announced the closing of an oversubscribed second flagship fund with total capital commitments of $305 million. In...
Cloover, a Berlin-based startup, has secured a remarkable $114 million seed round to fuel the growth of its operating system for the renewable energy industry. The company connects all relevant...
The European Commission has approved, under EU State aid rules, a fourth Important Project of Common European Interest (‘IPCEI’) to support research, innovation and the first industrial deployment in the...
Google announced two new solar power purchase agreements (PPAs) in Japan, marking its first foray into the country’s renewable energy market. These agreements will add a combined 60 megawatts (MW)...
Air Liquide has successfully issued a new 500 million euros green bond, in line with its ambition to combine growth and sustainable development. The Group intends to use the proceeds...
RWE, one of the leading renewable energy companies in the U.S. and worldwide, has signed two 15-year Power Purchase Agreements (PPAs) with Microsoft Corporation. Under the PPAs, Microsoft will purchase...
The professional solutions firm commits to reach net-zero carbon emissions by 2040. APTIM announced its commitment to The Climate Pledge, demonstrating its ambitious pursuit to mitigate and adapt to climate change’s...
Ørsted, a leading U.S. clean energy developer, announced an investment from J.P. Morgan for $680 million in tax equity financing for a portfolio of solar and storage assets in Texas and Arizona. The project portfolio...
Climeworks, the global leader in carbon removal via direct air capture technology, successfully achieved third-party certification of its carbon removal activities under the Puro Standard – a first in the...
280 Earth, Inc. announced that it has completed construction and started operating a direct air capture (“DAC”) facility to remove carbon dioxide (CO2) directly from the atmosphere, mitigating climate change....
ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd. (MHI), BHP, along with Mitsubishi Development Pty Ltd (Mitsubishi Development) have successfully started operating a pilot carbon capture unit on the blast furnace...
Facility Data Manager enables brands and manufacturers to share timely primary environmental data and insights to track and accelerate impact. Worldly, the leading supply chain sustainability data and insights platform...
The project will provide 80% of the heat demand for Finnish neighborhoods. Nestled on the shores of the Gulf of Finland, Google’s Hamina data center is set to become a...
PAG, a leading Asia Pacific-focused alternative investment manager, announced today that it has closed its first renewable energy-focused fund, PAG REN I, with a total of USD550 million in capital...
Key Points: Quinbrook Infrastructure Partners Launch $3.5 Billion ‘Green Iron’ Project, Powered By Renewables Quinbrook Infrastructure Partners announced the development of a $3.5 billion “Green Iron” project in Queensland. This...
A staff team from the International Monetary Fund (IMF) led by Charalambos Tsangarides, IMF mission chief for Tanzania, held meetings in Dodoma and Dar es Salaam from May 2 to...
Normative recently launched enhanced carbon reduction features designed to accelerate businesses on their journey to net zero emissions. Having calculated their carbon footprint and reported emissions, businesses often face the...
Investment by Airport Owner and Operator in Sustainable Aviation Fuel (SAF) Technology and Development Supports LanzaJet Growth and Addresses Important Role in SAF Ecosystem LanzaJet, a leading sustainable fuels technology company...
Aim to provide JPY 2 trillion in funding for production Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara) aims to provide JPY 2 trillion in financing for the...
The UK’S fastest and most powerful supercomputer, located at the University of Bristol, is now officially online, with pioneering technology helping to make the UK a world leader in artificial...
ERM, Salesforce, NatureMetrics and Planet have announced a pioneering global alliance to transform how corporations measure and manage their biodiversity impact. The NatureTech Alliance, formed at the World Economic Forum...
Eletrobras, the largest electricity company in Latin America, formalized two new Memorandums of Understanding (MoUs) this week during World Hydrogen 2024 in Rotterdam. These agreements aim to explore opportunities in...
S&P Global Commodity Insights, a division of S&P Global, and the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy, metals and energy...
These strategic agreements between Meta and Solarpack will enable the construction of two solar projects with a total capacity of 210 MW (280 MWdc), supporting Meta’s presence in Indiana, including...
Private equity firm EQT (EQTAB.ST) announced on Monday it has made a recommended cash offer to acquire Swedish renewable energy company OX2 (OX2SE.ST) for 16.4 billion Swedish crowns ($1.51 billion)....
Key Impact Points: The Australian government announced a significant A$22.7 billion ($15.0 billion) investment package on Tuesday to bolster domestic manufacturing and renewable energy sectors. This strategic move is part...
FertigHy, a pan-European producer of low-carbon, nitrogen-based fertiliser for the agricultural sector, will build its first factory in the Hauts-de-France region in Northern France. The €1.3 billion CAPEX investment build...
Schroders Greencoat, the specialist renewables and energy transition infrastructure manager of Schroders Capital, today announces a £170 million commitment from the Environment Agency Pension Fund (EAPF) into its UK flagship...
New capabilities help companies gain comprehensive Scope 3 data coverage, provide tailored guidance to activate suppliers Optera, a leader in ESG and carbon management software, today launched its Outreach module...
Energy Exemplar, a leading global provider of energy market simulation software, announced the completion of its acquisition by private equity funds affiliated with Blackstone (”Blackstone”) and Vista Equity Partners (“Vista”). “Completing our transaction with...
Renewables generated a record 30% of global electricity in 2023, driven by growth in solar and wind. With record construction of solar and wind in 2023, a new era of...
Key take-aways The largest direct air capture and storage plant, named Mammoth, starts operations in Iceland. It is the second commercial facility of Climeworks in Iceland and is about ten...
A new study by Meta and World Resources Institute (WRI) utilized artificial intelligence (AI) to create a global map of tree canopy height at a resolution of one meter. This...
Brookfield Asset Management, together with Brookfield Renewable and Microsoft (NDAQ: MSFT), are pleased to announce the signing of a global renewable energy framework agreement (“the agreement”) to contribute to Microsoft’s goal of...
In 2023, Citi reaffirmed its commitment to Environmental, Social, and Governance (ESG) principles amidst a complex global backdrop marked by environmental urgencies and socio-economic shifts. The annual ESG report outlines...
The Biden-Harris Administration has introduced significant changes to the federal permitting process, aimed at accelerating the development of infrastructure and clean energy projects across the United States. These reforms are...
Norges Bank Investment Management has signed an agreement to acquire a 49 percent interest in a 644 MW portfolio of solar plants located in Spain. The agreement was signed on...
The Commission is awarding nearly €720 million to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank.The funds for this auction come from the...
Microsoft Sustainability Manager is rapidly evolving with the power of generative AI, offering unprecedented capabilities for data analysis and informed decision-making. What-if Analysis: Forecast Carbon Reduction Strategies A new AI-powered...
UpLink, the World Economic Forum community supporting early-stage impact-focused entrepreneurs, launched four new initiatives today. These aim to ignite innovative technology solutions that can accelerate the transition to a circular carbon...
RE Royalties Ltd., a global leader in renewable energy royalty-based financing is pleased to announce the publication of its 2024 Green Bond Framework (the “Framework”), assessed as Dark Green, and...
TotalEnergies, a global integrated energy company, and Vanguard Renewables, a U.S. leader in farm-based organics-to-renewable natural gas production and a portfolio company of a fund managed by BlackRock’s Diversified Infrastructure...
Highlights include resources to help health systems decarbonize and a new heat forecasting system The U.S. Department of Health and Human Services (HHS) is marking Earth Day by introducing new...
As recent global temperatures records show, the world is off-track to reach net zero. The carbon removal industry needs to grow rapidly on all fronts to help fight global warming. This is...
Key Impact Points: “Clean energy and water are foundational to healthy communities and essential building blocks for a responsible business,” said Lisa Jackson, Apple’s vice president of Environment, Policy, and...
New updates to Google Maps and Search aim to make sustainable travel choices easier for users. The update to Maps will show public transit and walking route options alongside driving...
RWE successfully placed its first green US dollar bond with a total volume of US$2 billion. The bond was issued in two tranches of US$1 billion with 10-year tenor and...
Calls for innovative solutions as part of its AI for Climate and Nature Grand Challenge The Bezos Earth Fund unveiled an AI for Climate and Nature Grand Challenge – under which up to $100...
Chevron Technology Ventures, the venture arm of Chevron Corp., has launched its third Future Energy Fund with a commitment of $500 million to invest in renewable energy technologies. The fund...
The Biden-Harris administration announced a series of historic milestones and actions to promote responsible clean energy development on public lands and help achieve President Biden’s goal of creating a carbon...
New report examines the role of carbon credits and integrated approach of public, private and complementary policies in driving the clean energy transition High-quality carbon credits can have a role...
The global wind industry installed a record 117GW of new capacity in 2023, making it the best year ever for new wind energy. Despite a turbulent political and macroeconomic environment,...
A major new Centre for Doctoral Training in Green Industrial Futures (CDT-GIF) has launched to help secure the UK’s position at the forefront of the green industrial revolution. The Centre...
Climeworks, the global leader in carbon dioxide removal (CDR) via DAC+S technology, has been awarded 2.2m CHF (26m NOK) in funding from Enova, at 50 percent funding intensity, in the...
JERA Co., Inc. (“JERA”), Japan’s largest power company, announces the creation of JERA Nex Limited (“JERA Nex”), a new global renewable energy business. JERA Nex will develop, invest in, own and operate...
IBM announced the release of its 2023 Impact report. The report summarizes the company’s Environmental, Social and Governance (ESG) initiatives, partnerships and investments in 2023, which were implemented to advance our goal...
The Government of Newfoundland and Labrador has released World Energy GH2’s Project Nujio’qonik from further Environmental Assessment following an intensive evaluation of the world’s first Environmental Impact Statement for a...
Elemental Strategic Metals of Zawiercie, Poland and Ascend Elements of Westborough, Mass., today announced the formation of AE Elemental™, a joint venture based in Zawiercie, Poland. Together, the companies will jointly own (50/50)...
OCP Group, a global leader in plant nutrition and phosphate-based fertilizers, and Fortescue Energy, part of global green energy, metals and technology company Fortescue Ltd (Fortescue), announced a landmark Joint...
Rolls-Royce, ASCO Carbon Dioxide Ltd (ASCO), and Landmark Power Holdings Limited (LMPH), have signed a Memorandum of Understanding (MoU) aimed at developing scalable solutions for clean power generation with carbon...
The Angel CCS Joint Venture will collaborate with Yara Pilbara Fertilisers Pty Ltd (Yara Pilbara) to study the feasibility of using carbon capture and storage to decarbonise Yara Pilbara’s existing...
Persefoni’s leading carbon accounting solution combined with AuditBoard’s world-class connected risk platform will deliver a single source of truth for customer ESG data. AuditBoard, the leading cloud-based platform transforming audit,...
Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy (ION), a Boulder-based technology company that provides post-combustion point-source capture technology through...
California is accelerating its transition to clean energy with a revamped 2023-2024 transmission plan proposed by the California Independent System Operator (ISO). The $6.1 billion plan prioritizes grid reliability and...
Policy responses to geopolitical developments and global commitments accelerated the deployment and use of renewable energy in 2023, especially in the power sector. The historic decision at the 2023 United...
The U.S. Environmental Protection Agency announced its selections for $20 billion in grant awards under two competitions within the historic $27 billion Greenhouse Gas Reduction Fund (GGRF), which was created...
In a groundbreaking revelation, the Rhodium Group and MIT CEEPR have unveiled the 2023 Clean Investment Monitor (CIM), a comprehensive database showcasing the transformative landscape of clean technology investments across...
A new report by Boston University’s Global Development Policy Center and the African Economic Research Consortium sheds light on China’s potential to be a transformative force in Africa’s shift towards...
SSAB’s Board of Directors have taken the decision to proceed with the next step in SSABs transition, building a state-of-the-art fossil-free mini-mill in Luleå, Sweden. When completed SSAB will close...
JERA Co., Inc (“JERA”) recently signed a Joint Study Agreement (“JSA”) with Petroliam Nasional Berhad (PETRONAS), through its subsidiary – PETRONAS CCS Solutions Sdn. Bhd. (“PCCSS”), to evaluate the feasibility...
Octopus Energy today launches the UK’s first heat pump and solar referral scheme to further drive the rollout of clean heating devices and help deliver net zero. Since launching to...
Leeward Renewable Energy, a leading renewable energy company, today announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. Through these PPAs, Microsoft will...
Persefoni Pro, a free, enterprise-grade tool, enables businesses to create accurate carbon footprints for internal and external stakeholders Persefoni, a leading Climate Management & Accounting Platform (CMAP) for enterprises and...
TenneT Holding B.V. successfully priced a dual Tranche Green Hybrid Bond of EUR 550 million with a coupon of 4.625% and a non-call period of 5.25 years and EUR 550...
Australia is igniting a clean energy revolution, determined to become a global leader in the renewable energy sector. This ambitious transition promises a brighter future, not just for the environment,...
Suniva and Heliene Announce Strategic Sourcing Contract to Produce First U.S. Domestic Content-Eligible Crystalline Silicon PV Modules Suniva, Inc., the largest and oldest U.S. manufacturer of high-efficiency monocrystalline silicon solar cells and Heliene, Inc., a...
New guidance published on production of hydrogen from water using electrolysis The Environment Agency has published guidance on emerging techniques for the production of hydrogen from water using electrolysis. The guidance – developed...
In 2023, 96 percent of power consumption at BBVA Group facilities came from renewable sources, well above the 70 percent target set for 2025. In Spain, Portugal, Colombia, Uruguay, Mexico,...
Walmart recently announced significant progress in its energy transformation strategy. This initiative aims to expand access to clean energy, create positive economic and environmental outcomes, and support the company’s growth...
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