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...
SSBJ Introduces First Sustainability Disclosure Standards The Sustainability Standards Board of Japan (SSBJ) has officially launched its inaugural Sustainability Disclosure Standards (SSBJ Standards) to enhance corporate sustainability reporting in Japan....
Leadership for the Next Growth Phase Puro.earth, a leading carbon removal marketplace, has appointed Jan-Willem Bode as President. With a deep background in sustainability, Bode co-authored the first Gold Standard,...
The Rainforest Alliance is updating its Sustainable Agriculture Standard (Version 1.4) to simplify certification, reduce unnecessary requirements, and improve data accuracy. The new version, informed by farmer and company feedback,...
Areim has successfully raised an additional EUR 450 million for its Areim DC Fund, pushing total capital to EUR 900 million. The fund attracted strong interest from both Nordic and...
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...
EDF Renewables North America and Abu Dhabi-based Masdar have signed a power purchase agreement (PPA) with Soluna Holdings, Inc. (NASDAQ: SLNH) to supply up to 166 megawatts (MW) of clean...
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...
E.ON is launching the New Energy Academy, a free educational program designed to inspire and equip students with the skills to lead in the green economy. Why it matters: The...
Baker Hughes and Frontier Infrastructure announced a strategic partnership to accelerate large-scale carbon capture and storage (CCS) and power generation projects across the U.S. Why it matters: With rising energy...
The European Commission has announced a plan to extend the compliance period for CO2 emissions targets from one year to three, giving automakers more time to meet stringent regulations and...
Climate Fund Managers (CFM) and Infinitum Energy Group have secured $3.1 million in development funding from CFM’s EU-backed Climate Investor Two Fund to co-develop a waste-to-energy project in Freetown, Sierra...
SEB Steps Up Sustainability Efforts SEB, a leading Nordic financial services group, is reinforcing its commitment to sustainable finance by unifying its ESG data through a strategic partnership with Morningstar...
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...
Iberdrola and Italian retail giant Pam Panorama have signed a long-term power purchase agreement (PPA) to supply 1,000 GWh of photovoltaic energy to Pam, Panorama, Pam Local, and Pam City...
Mercedes-Benz and Factorial Achieve Breakthrough in Solid-State Battery Technology Mercedes-Benz has begun road testing its first electric vehicle (EV) equipped with a lithium-metal solid-state battery, confirming that a 1,000km (620-mile)...
Major Shift in Asset Management The People’s Pension (TPP) has announced a strategic shift in its asset management approach, appointing European asset manager Amundi and U.S.-based Invesco to oversee £28...
Governments reached a crucial agreement on February 27, 2025, in Rome to mobilize the resources needed to implement the Kunming-Montreal Global Biodiversity Framework (KMGBF). This follows COP16 negotiations, which resumed...
Stockholm — A New Model for Green Steel Demand Microsoft has signed two agreements with Swedish green steelmaker Stegra, marking one of the most significant corporate commitments yet to near-zero...
China has pledged for the first time to cut its greenhouse gas emissions in absolute terms, committing to reduce economy-wide net emissions by 7–10% from peak levels by 2035, “striving...
In manufacturing, the risks are high for any company that jumps right into the next emerging technology without first doing research and developing a thoughtful, strategic business plan for implementation...
Brazil Ramps Up Forest Finance The Brazil Restoration and Bioeconomy Finance Coalition (BRB Finance Coalition) has secured more than $4.5 billion in commitments to forest and bioeconomy projects, accelerating momentum...
Redwood Conservation Anchors Apple’s U.S. Climate Strategy Apple has partnered with The Conservation Fund to restore and sustainably manage the Gualala River Forest, a coastal redwood landscape that has long...
Microsoft Backs Cement Decarbonization Microsoft has taken another step to decarbonize its global operations, announcing an investment through its Climate Innovation Fund in Fortera, a U.S.-based developer of low-carbon cement....
A Global Platform Backed by Masdar and the Zayed Sustainability Prize Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) initiative has opened applications for its 2026 WiSER Pioneers Program,...
Madrid strategy sets course for next decade Iberdrola, Europe’s largest utility, unveiled a sweeping €110 billion ($120 billion) investment plan through 2031, cementing its shift away from risk-heavy renewable generation...
Paris: A Decisive Step in France’s Energy Transition The French government has selected TotalEnergies, in partnership with RWE, to develop and operate the “Centre Manche 2” offshore wind project, the...
Global Push from Climate Week NYC Schneider Electric used Climate Week NYC to announce a major expansion of its global supply chain decarbonization programs, doubling down on its strategy to...
A New Phase for Australia’s Renewable Sector La Caisse, the Canadian investment group formerly known as CDPQ, has reached binding agreements to acquire Edify Energy, one of Australia’s leading renewable...
A Defining Call in New York At the opening of the Global Renewables Summit during Climate Week NYC, an influential gathering of heads of government, corporate executives, financiers, and civil...
New York Sets the Stage for Belém Speaking at Climate Week in Manhattan, UN Climate Change Executive Secretary Simon Stiell urged governments and business leaders to “step it up fast”...
Singapore turns to global carbon markets The Singapore government will purchase 2.175 million tonnes of nature-based carbon credits from projects in Ghana, Peru, and Paraguay, marking one of its largest...
A Strategic Response to Market Complexity Ahead of New York Climate Week, the Principles for Responsible Investment (PRI) Academy and Wharton Executive Education announced the launch of a joint executive...
Fusion Moves Closer to Market Italian energy major Eni has agreed to purchase more than $1 billion worth of electricity from Commonwealth Fusion Systems’ (CFS) first commercial-scale fusion power plant,...
San Francisco Nonprofit Targets Bottleneck in Carbon Markets Cool Effect, a Bay Area nonprofit focused on advancing high-quality carbon projects, has launched a $1 million award designed to help promising...
A New Approach to Food Waste IKEA U.S. has launched a food waste pilot program that takes a direct aim at one of retail’s most stubborn environmental challenges: organic waste....
Papenburg project moves forward Mercedes-Benz AG and UKA Group have received clearance to begin construction of a 140-megawatt wind farm on the automaker’s 800-hectare test track in northern Germany. Scheduled...