Ukraine is embarking on a $20 billion plan to significantly expand its renewable energy sector, aiming to increase the share of renewables in its energy mix to 27% by 2030....
SpaceX is set to launch Tanager-1, a methane-detecting satellite, developed by Planet Labs PBC with NASA’s Jet Propulsion Laboratory technology. This marks a significant step in tracking methane emissions, a...
Guidewheel has raised an oversubscribed $31 million Series B funding round, spearheaded by Decarbonization Partners, a collaboration between BlackRock and Temasek. This round also saw participation from notable investors including...
The Asian Infrastructure Investment Bank (AIIB) has committed up to INR7.3 billion (approximately USD88 million) to the ENGIE Solar Power Project, a pivotal initiative in India’s renewable energy expansion. This...
Poland’s Offshore Wind Ambition Poland is setting sail on a significant green energy initiative, launching a nearly €5 billion ($5.46 billion) loan program aimed at bolstering offshore wind projects on...
Pivot Energy, a leading renewable energy provider, has entered into a transformative 5-year framework agreement with Microsoft to develop up to 500 MWac of community-scale solar energy projects across the...
The U.S. Department of Energy is providing a $1.45 billion loan to Qcells, a South Korean firm, to bolster the solar manufacturing supply chain in the U.S. This marks a...
South Africa is on the brink of a renewable energy revolution, with President Cyril Ramaphosa highlighting its potential to spur significant economic growth and job creation over the next decade...
Spiritus, a leader in climate technology, is advancing its Direct Air Capture (DAC) ambitions with the recent filing of a Class VI permit application with the Wyoming Department of Environmental...
Blackstone (NYSE: BX) announced a majority investment in Westwood Professional Services, Inc. (Westwood), a leading engineering and design firm specializing in renewables, power, real estate, and public infrastructure. This investment...
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...
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...
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,...
Dwight Capital has expanded its services by launching Dwight Green Finance, a new lending platform aimed at financing property improvements through C-PACE (Commercial Property Assessed Clean Energy). This initiative, led...
The Iberian Peninsula is spearheading Europe’s cleantech transformation, with a forecasted investment of over €150 billion and the creation of approximately 2.65 million jobs by 2030. These insights come from...
Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) has announced a major step in its green financing efforts with the issuance of C$400 million in medium-term notes. The issuance includes...
Masdar, the UAE’s leading clean energy company, has raised $1 billion through its second green bond issuance, following a successful $750 million debut last year. The proceeds will finance new...
Carbon Direct and Microsoft have released the 2024 edition of the Criteria for High-Quality Carbon Dioxide Removal, reflecting significant market and scientific advancements since their initial collaboration in 2021. Market...
Google joined industry leaders, solution providers, non-profits, and advocates in urging the swift implementation of Granular Guarantees of Origin (GOs) within the EU, as enabled by the recent Renewable Energy...
Abu Dhabi’s flagship renewable energy company, Masdar, also known as Abu Dhabi Future Energy Co., is gearing up for its second major financial initiative through the issuance of dollar-denominated green...
Key Impact Points: ERM Unveils 2024 Sustainability Report: Charting a Bold Path Toward Environmental Leadership and Innovation ERM has unveiled its 2024 Sustainability Report, a testament to the company’s profound...
S&P Global Commodity Insights, through Platts, has launched the first independent daily solar photovoltaic (PV) panel price assessments for the US, Europe, and Asia. This initiative aims to provide transparency...
Seriti Green has embarked on a monumental R25 billion wind farm project in Mpumalanga, marking the first phase with the 155MW Ummbila Emoyeni facility. This development is set to transform...
Eurazeo’s first infrastructure program, including the Eurazeo Transition Infrastructure Fund (ETIF) and a co-investment vehicle, closed at €706 million. This exceeds the initial €500 million target by 40%, only 20...
EBRD’s Largest Green Bond Issuance The European Bank for Reconstruction and Development (EBRD) has issued its largest green bond to date, a EUR 1 billion 7-year benchmark. This marks EBRD’s...
Climeworks Deepens Collaboration with Zürcher Kantonalbank Climeworks, a global leader in direct air capture technology, has signed a multi-year contract with Zürcher Kantonalbank (ZKB) to remove 1,750 tons of CO₂....
China has announced a comprehensive plan to cut carbon emissions in its coal power industry, emphasizing the use of innovative technologies such as green ammonia, biomass, and carbon capture, utilization,...
From a modest beginning to a worldwide movement, Bower, the Swedish startup, has officially launched its groundbreaking recycling app across 170 countries. This milestone marks a significant step in addressing...
China’s Renewable Surge: China is solidifying its position as the global leader in renewable energy with 180 GW of solar and 159 GW of wind power currently under construction. This...
The International Energy Agency (IEA) has established a Global Commission on People-Centred Clean Energy Transitions to design and implement policies that create a fair and affordable energy system. This initiative...
Amazon’s Sustainability Milestones: Amazon’s annual Sustainability Report for 2023 highlights significant strides in their commitment to The Climate Pledge, detailing achievements in renewable energy, carbon footprint reduction, and sustainable practices....
Chris Stark Leads Mission Control to Deliver Clean Power by 2030 Energy Secretary Ed Miliband has appointed Chris Stark to lead the newly established Mission Control. This initiative is dedicated...
S&P Global Commodity Insights has launched the world’s first daily spot market recycled lithium carbonate price assessments. This pioneering move caters to the growing demand for pricing transparency in the...
American Airlines announced that it has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines intended to power regional jet aircraft with zero inflight emissions save for...
The Vatican is set to join an elite group of nations generating all their electricity from renewable sources, following Pope Francis’s announcement of a new solar power project. This initiative...
Zurich Insurance Group and Aon have launched an innovative clean energy insurance facility, offering global coverage for blue and green hydrogen projects with capital expenditures up to USD 250 million....
Google and ENGIE have deepened their collaboration with five new Corporate Power Purchase Agreements (cPPAs), providing Google’s digital infrastructure in Belgium with over 118 MW of renewable power. Google’s Green...
The EU’s clean electricity generation is hitting new highs. In the first half of 2024, renewables comprised over 50% of all power generation in Europe, with nuclear maintaining a stable...
Key Impact Points: The European Commission has approved a €3 billion Swedish scheme to support carbon capture and storage (CCS) aimed at reducing biogenic CO2 emissions. This initiative aligns with...
In 2024, the carbon and emissions technology sector has demonstrated remarkable resilience and growth, securing a significant $17.7 billion in venture capital (VC) investments. This comprehensive industry overview, created by...
Google is taking a significant step towards its net-zero emissions goal with a new partnership with BlackRock’s Climate Infrastructure business. This collaboration aims to develop a 1 gigawatt (GW) solar...
Iberdrola, Europe’s leading electricity company by market cap (circa €80 billion), has issued a green bond for 335 million Swiss francs (€350 million) in two tranches, diversifying its sources of financing. The...
IBM’s Maximo Application Suite 9.0 introduces AI-powered features to enhance asset lifecycle management. These innovations aim to reduce costs, improve reliability, and support sustainability initiatives. Key features include work order...
Heirloom Carbon Technologies, Inc. announced it is moving forward with the first phase of a decarbonization project that combines public and private investment to create two direct air capture (DAC)...
Alcazar Energy Partners, a leading investor in renewable energy within growth markets, announces the launch of the largest wind farm project in North Macedonia with a capacity of up to...
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...