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Tag: Renewable Energy
• Apple to generate over 1 million MWh of clean energy annually in Australia by 2030.• New Restore Fund investment to protect and restore 8,600 hectares of New Zealand forestland.•...
In this week’s ESG News Week In Review, global climate momentum converged around finance, disclosure, and resilience. Tokyo issued the world’s first certified climate resilience bond, while New Zealand lifted...
• 300 hectares on Jurong Island allocated for renewable energy and low-carbon fuels• Additional 20 hectares to host Singapore’s largest data centre park with 700 MW capacity• Part of Singapore’s...
This crucial panel, hosted at the Nest Climate Campus during Climate Week 2025, tackled one of the most pressing infrastructure challenges: how to sustainably power new AI data centers on...
In this week’s ESG News Week In Review, policy debates intensified as markets doubled down on climate innovation. The EU Parliament rejected the Omnibus deal to ease sustainability rules and...
In this week’s ESG News Week In Review, policymakers and markets sent mixed signals on climate action. The Federal Reserve and FDIC withdrew proposed climate risk rules for large banks,...
• New solar and wind projects in five European countries will add 650 MW of renewable capacity, mobilising over $600 million in financing.• The expansion supports Apple’s 2030 carbon neutrality...
• Schroders now sources 100% of its electricity globally from renewable energy, meeting its RE100 commitment a year early.• The firm’s Horsham solar project generates 1.13 GWh annually, covering nearly...
In this week’s ESG News Week In Review, renewable power overtook coal for the first time globally — a defining moment in the clean energy transition. The EU delayed new...
• Renewable generation reached 5,072 TWh in the first half of 2025, overtaking coal’s 4,896 TWh.• China and India accounted for the bulk of global solar and wind expansion, offsetting...
A Global Strategy Built on Local Innovation The LEGO Group is accelerating efforts to decarbonize its global manufacturing footprint, advancing projects in Europe and Asia designed to eliminate natural gas...
Oslo steps into global transition capital markets Norges Bank Investment Management (NBIM), manager of Norway’s $1.6 trillion sovereign wealth fund, has committed $1.5 billion to Brookfield Asset Management’s Global Transition...
In this week’s ESG News Week In Review: China announced its first absolute emissions cut target for 2035, while the EU delayed supply chain deforestation rules by a year. California...
Levi Strauss pushes renewable energy deeper into its supply chain Levi Strauss & Co. has unveiled a new initiative with Schneider Electric to accelerate renewable energy adoption among its supply...
Oregon’s Data Center Demand Drives New Solar Build Amazon has signed a long-term power purchase agreement with Avangrid, the U.S. subsidiary of Iberdrola, to secure renewable electricity from a new...
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...
Microsoft has signed a $6.2 billion agreement with AI hyperscaler Nscale and Norwegian industrial investment company Aker to secure AI computing capacity entirely powered by renewable energy. The deal, spanning...
Galvanize, a global asset manager focused on decarbonization, has launched a new Credit and Capital Solutions strategy, anchored by a $1.3 billion investment program. The initiative aims to provide flexible...
By Teti Rosanti, Global Environmental Writer In a development that could reshape the economics of global decarbonization, BlueSun International, a cleantech consortium headquartered in the United Arab Emirates and the United...
Hong Kong’s growing cohort of family offices is leaning into environmental, social and governance (ESG) investing, prompting regulators to sharpen reporting standards in a bid to keep pace with international...
Climate finance, carbon markets, and clean tech innovation defined this week’s ESG headlines. China launched a green foreign debt program to boost global capital flows, while the UK outlined draft...
LG Electronics is advancing its sustainability agenda with new eco-conscious manufacturing for its commercial 4-way system air conditioners. The company has introduced a novel material and production method that reduces...
Macquarie Asset Management, through its managed funds, has provided €51 million in second lien financing to an onshore wind platform in Finland. The portfolio comprises eight operational wind farms with...
Gentari and Amazon Web Services (AWS) have signed a Power Purchase Agreement (PPA) for an 80MW wind power project in Tamil Nadu, India, marking a significant milestone in their clean...
Nippon Steel has signed a cooperation memorandum with Denmark’s Vestas Wind Systems to supply steel for wind towers across Europe, Asia, and Japan, Japan’s Ministry of Economy, Trade and Industry...
Treaty Oak Clean Energy, a US-based independent power producer, has closed a $300 million senior secured corporate credit facility to support the rapid expansion of its 17.3 GW renewable energy...
Macquarie, through its Commodities and Global Markets group, has announced it will acquire 100 percent of Erova Energy Group, a renewable asset optimisation company active in Ireland and the UK....
Australia’s Clean Energy Finance Corporation (CEFC) has announced a record A$3.5 billion ($2.29 billion) investment in renewable energy and grid infrastructure for the 2024–25 financial year—more than double its funding...
Mizuho Financial Group has announced the acquisition of Augusta & Co, a leading European independent financial advisory firm focused on the renewable energy and energy transition sectors. The acquisition will...
Zelestra, owned by Swedish investment firm EQT, will invest between $1 billion and $1.5 billion in renewable energy infrastructure in Peru over the next five years, focusing on powering the...
Unblock, a Latin America-based energy infrastructure startup, has raised $13.5 million in funding to scale its operations that transform wasted energy into computing power. The round was led by Goldcrest...
In the presence of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Minister of Energy, ACWA Power, the Water and Electricity Holding Company (Badeel), and Saudi Aramco Power Company...
Zelestra, a global multi-technology renewable energy company, has secured an additional €235 million to expand its sustainability-linked loan facility, bringing the total to €770 million. The facility, initially signed in...
This week’s ESG headlines reveal a global acceleration in carbon credit adoption, clean energy investments, and sustainability disclosure reforms. As Microsoft, JPMorganChase, and ByteDance ink multi-million-ton carbon removal deals, governments...
Octopus Energy Generation has launched a $60 million fund—its first dedicated to Africa—to drive transformative investment in clean energy infrastructure across Sub-Saharan Africa. Unveiled at the Africa Energy Forum in...
ACWA Power has announced a series of high-impact strategic agreements in Malaysia that could see up to USD 10 billion invested in the country’s clean energy and water infrastructure. The...
Solveo Energies, a French independent renewable energy producer, has raised €98 million in a major financing round led by Mirova, a responsible investment affiliate of Natixis Investment Managers. The funding...
The European Union is closing in on its 2030 climate and energy targets, according to the European Commission’s latest assessment of Member States’ National Energy and Climate Plans (NECPs). Improved...
Radisson Hotel Group has opened Radisson Hotel Manchester City Centre, marking the brand’s first-ever Verified Net Zero property and the first Radisson-branded hotel in Manchester. Positioned next to the AO...
Meta is deepening its renewable energy strategy through two long-term Power Purchase Agreements (PPAs) with The AES Corporation, totaling 650 megawatts of solar capacity. The clean power will support Meta’s...
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...
Abu Dhabi Future Energy Company PJSC – Masdar has raised $1 billion through its third green bond, bringing total funds secured under its green bond program to $2.75 billion since...
EMSTEEL, one of the region’s largest publicly traded steel and building materials manufacturers, has launched its first Green Finance Framework—a decisive move to align capital raising with its net-zero roadmap....
United Airlines has deepened its commitment to decarbonizing aviation by investing in Twelve, a cleantech company that converts CO₂ into sustainable aviation fuel (SAF) using renewable energy. The investment was...
Verra has introduced a groundbreaking methodology to drive the early retirement of coal-fired power plants while ensuring that communities and workers aren’t left behind. The Verified Carbon Standard (VCS) methodology,...
Macquarie Asset Management (MAM) has acquired the remaining 50% stake in Island Green Power, securing full ownership of the UK-based renewable energy developer through its managed funds. The move deepens...
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...
Polestar has achieved a 24.7% reduction in greenhouse gas emissions per vehicle sold since 2020, according to its fourth Annual Sustainability Report. The milestone underscores the EV maker’s strategy to...
AI’s Power Surge Redefines Energy Demand Artificial intelligence is reshaping the energy landscape, with a dramatic rise in electricity consumption forecast for data centres as AI adoption scales. A new...
Abu Dhabi Future Energy Company PJSC – Masdar has completed its acquisition of 100% of TERNA ENERGY SA, following the conclusion of a mandatory tender offer and a squeeze-out process...
What’s happening U.S. President Donald Trump signed a sweeping executive order on Tuesday directing the federal government to block state-level climate policies that restrict fossil fuel use or promote environmental...
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...
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...
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...
Key Takeaways Germany’s Major Climate Investment Move Germany’s parliament has approved a €500 billion infrastructure and defense fund, with €100 billion allocated to climate and energy transition projects. This funding...
Terna unveiled its 2025-2034 Development Plan today, committing over €23 billion to transform Italy’s electricity infrastructure, aligning with national and EU decarbonization and energy security targets. The ambitious infrastructure plan,...
LEGO Group has significantly advanced its sustainability goals, sourcing half of its materials from sustainable options in 2024. This marks a notable increase from just 18% in 2023. Of the...
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...
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...
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...
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...
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...
BYD and SEC’s Landmark Deal BYD Energy Storage and Saudi Electricity Company have signed the world’s largest grid-scale energy storage contract, totaling 12.5GWh. Combined with a previously delivered 2.6GWh project,...
Arcadia expands energy procurement solutions Arcadia, a global utility data and energy solutions platform, has acquired RPD Energy, a top provider of renewable energy solutions. The move enhances Arcadia’s Enterprise...
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...
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,...
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...
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,...
Amazon continues to dominate renewable energy procurement, securing its position as the largest corporate buyer for the fifth consecutive year, according to Bloomberg NEF. The company has supported more than...
Italy, Albania, and the United Arab Emirates (UAE) have signed a groundbreaking €1 billion ($1 billion) agreement to construct a subsea energy interconnection across the Adriatic Sea. This project will...
In an exclusive interview with Marina Bird, Managing Director of ESG News Corp, Mercedes Vela Monserrate, CEO of the Global Climate Finance Center (GCFC) during Abu Dhabi Finance Week, outlined...
S&P Global Commodity Insights reports a significant milestone in clean energy: cleantech investments, including renewable power, green hydrogen, and carbon capture, will surpass upstream oil and gas spending in 2025,...
In the festive spirit, I’m channeling Charles Dickens, the man who gave us A Christmas Carol and popularized the holiday season. Another of his classics, A Tale of Two Cities,...
The News: Japan has unveiled a draft energy policy targeting 40-50% renewable energy in its power mix by fiscal year 2040, alongside a steady reliance on nuclear power at 20%....
Launching the CCIC Microsoft and Acadia Infrastructure Capital have partnered to launch the Climate and Communities Investment Coalition (CCIC), targeting a $9 billion pipeline of renewable energy projects across the...
Meta Platforms Inc. has announced a deal to purchase green credits from four major U.S. solar energy projects developed by Invenergy. This strategic move aims to meet Meta’s escalating clean...
Meta Follows Steps of Tech Giants, Looks to Nuclear Energy to Power AI and Sustainability Goals Meta has announced a request for proposals (RFP) to identify nuclear energy developers capable...
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Barclays Calls for Bold Action Barclays has urged the UK Government to take decisive steps to decarbonize homes and meet the ambitious 2035 emissions reduction target of 81% below 1990...
A New Chapter for Arkolia Mirova and BNP Paribas Asset Management have jointly invested over €200 million in Arkolia, a leading French renewable energy developer. Each acquired an equal stake...
Supporting Clean Technology Innovation The Wells Fargo Innovation Incubator (IN²), co-administered by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), has announced three new startups for its 14th...
Google has announced the opening of 1265 Borregas, its first office building constructed using mass timber, in Sunnyvale, California. The building reflects Google’s commitment to sustainability, employee wellbeing, and community...
Eni CEO Claudio Descalzi and MSC Group President Diego Aponte have signed a memorandum of understanding (MoU) to develop joint initiatives focused on sustainability and energy transition. The agreement seeks...
Blackstone and Santander Corporate & Investment Banking have announced an agreement where funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a $1 billion portfolio of high-quality...
Equinix, Inc., the world’s digital infrastructure company, has strengthened its commitment to sustainability by issuing an additional €1.15 billion in green bonds. Following over $750 million issued in September 2024,...
BP’s Investment in Indonesia’s Energy Transition BP, on behalf of the Tangguh Production Sharing Contract partners, announced the final investment decision for the $7 billion Tangguh Ubadari, CCUS, Compression (UCC)...
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Record Demand for Iberdrola’s Hybrid Green Bond Iberdrola has successfully placed an €800 million hybrid green bond in the Euromarket, as reported to Spain’s National Securities Market Commission (CNMV). The...
Vision 2030: Scaling Sustainability PUMA has announced its Vision 2030 sustainability goals, elevating its previous commitments to create a larger impact across climate, circularity, and human rights. “With Vision 2030,...
A Historic Step for Climate and Tourism The United Nations announced on Wednesday that over 50 governments have signed a declaration to make global tourism more climate-friendly, calling it a...
Endesa, one of Spain’s leading energy companies, has announced a record-breaking €9.6 billion investment under its 2025-2027 strategic plan. The move comes as the company aligns with the ambitious electrification...
IBM Expands Asset Management with Maximo Renewables IBM has officially launched IBM Maximo Renewables, a comprehensive tool designed to help organizations manage and optimize their renewable energy assets. This innovative...
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Global Companies Lag in Renewable Energy Adoption, CDP Report Finds A new report from non-profit CDP reveals that major global companies are falling short in their use of renewable energy,...
At COP29 in Azerbaijan, a significant early pledge emerged as major development banks, including the World Bank, committed to raising climate finance to $120 billion annually by 2030. This figure...
ScottishPower has formalized a major £1 billion turbine supply contract with Siemens Gamesa for its East Anglia TWO offshore windfarm. The deal involves Siemens Gamesa providing 64 SG 14-236 DD...
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