Hyundai Mobis’ strategy for expanding its global footprint in the electrification business is progressing smoothly. Following its successful funding for a battery cell joint venture factory in Indonesia last year, the company...
The Environment Committee adopted its demands for the UN Climate Change Conference COP28, which will take stock of the progress on implementing the Paris Agreement. With 56 votes in favour,...
The U.S. Plastics Pact (U.S. Pact) launched its Postconsumer Recycled Content (PCR) Toolkit, a resource designed to educate the packaging industry on Postconsumer Recycled Content. The use of PCR in plastic packaging is...
A major new report published finds that governments plan to produce around 110% more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69% more than would be consistent with 2°C....
Represents Deutsche Bank’s 4th large-scale transaction in Taiwan’s offshore wind sector Deutsche Bank announced it has completed a bespoke deal-contingent interest rate hedge and a tailored financing for Hai Long,...
With vast resources and strong clean energy credentials, the region has significant potential to drive change at home and abroad, according to the IEA’s first ever in-depth outlook At a...
Occidental announced that BlackRock will invest $550 million on behalf of clients in the development of STRATOS, the world’s largest Direct Air Capture (DAC) facility, in Ector County, Texas. Through a...
The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a 10-year benchmark sustainable development bond that matures in November 2033. The Sustainable Development Bond raised USD 3...
Ørsted, a leading global renewable energy company, and SparkCognition, a global leader in artificial intelligence (AI) software solutions, announced that SparkCognition’s Renewable Suite will be deployed across 5.5 gigawatts of...