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Tag: Renewable Energy
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...
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