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Rishabh Srihari

385 Articles

Srihari Rishabh is a storyteller passionate about news and a final-year student pursuing a BA in Journalism, Psychology, and English from CHRIST (Deemed to be University). Through impactful internships at prestigious organizations like The Times of India and The Wire, he has delved into the dynamic world of journalism, where he discovered the art of crafting compelling narratives. Rishabh is poised to embark on a career where he can leverage his writing skills to navigate the ever-evolving landscape of news reporting.

UBS Asset Management Secures $315.7 Million for Texas Battery Storage Projects

UBS Asset Management’s Energy Storage Investment Fund I has successfully secured $315.7 million in financing for four battery energy storage system (BESS) projects in Texas, […]

CarbonX Secures New Investment to Expand Carbon Dioxide Removal Services

CarbonX, a permanent carbon removal management firm, has announced the successful closure of a new oversubscribed investment round. Notable investors, including Redstone, VR Ventures, Engie […]

Iberdrola Secures Two Offshore Wind Contracts, Set to Boost Clean Energy Production

Iberdrola, an energy utility company, announced that its subsidiary, Scottish Power, has secured two contracts in the United Kingdom in the government’s sixth round of […]

Oxylus Energy Secures $4.5 Million Seed Funding to Advance Innovative E-Fuels Technology

In a recent seed funding round, Connecticut-based Oxylus Energy, a carbon utilization company, raised $4.5 million to advance its cutting-edge e-fuels technology.   Toyota Ventures and […]

Copenhagen Infrastructure Partners Finishes Taiwan’s Zhong Neng Offshore Wind Farm Ahead of Schedule

Copenhagen Infrastructure Partners (CIP) has officially completed construction on the Zhong Neng offshore wind farm. This project is a collaboration between CIP via its fund […]

EET Fuels and Toyo Engineering Collaborate on Industrial Carbon Capture

EET Fuels, which unveiled its plans to establish the world’s leading low-carbon process refinery, has advanced to the front-end engineering design (FEED) stage of its […]

France’s Largest Floating Solar Plant Begins Construction with €50.4 Million Investment

Q Energy announced that it has reached the financial close of its “Les Ilots Blandin” project for an amount of €50.4 million. Crédit Agricole Transitions […]

EU’s New Proposal Seeks to Enhance Transparency in Sustainable Finance

European Union regulators have unveiled significant changes to the bloc’s rules on labelling sustainable investments, aiming to provide clearer information for investors and address concerns […]

Nori Carbon Marketplace Announces Closure Amidst Voluntary Carbon Market Challenges

Nori, a notable player in the carbon marketplace sector, has announced its closure. Co-founder Alexsandra Guerra shared the news through a LinkedIn post, expressing gratitude […]

Black & Veatch to Evaluate Carbon Capture Technology for Vietnam’s Coal Plants

Black and Veatch, a critical infrastructure solutions provider, announced that it is planning to assess the feasibility and readiness for implementing carbon capture, utilization, and […]

Ignitis Renewables Commits €106 Million to Boost Solar Energy in Latvia

Ignitis Renewables, a green energy company, announced that it is expanding its operations in Latvia.   The expansion plan includes an investment of €106 million to […]

ARENA Launches $1 Billion Solar Sunshot Program to Boost Australia’s Solar PV Innovation

The Australian Renewable Energy Agency (ARENA) announced that it has launched the initial phase of the $1 billion Solar Sunshot program, aimed at fostering innovation […]

Wells Fargo Pledges $500 Billion for Sustainable Financing by 2030 to Achieve Net Zero

In its August 2024 Climate Report, Wells Fargo announced that it will leverage its scale to lead the shift towards sustainability.   As per the report, […]

EU-Angola Sustainable Investment Facilitation Agreement (SIFA) Now in Force

The European Commission announced that the European Union-Angola Sustainable Investment Facilitation Agreement (SIFA) has entered into force.   The agreement marks the first agreement signed by […]

EU to Implement Stricter Criteria for Hydrogen Funding Amid Chinese Import Concerns

After local industries raised concerns about cheap Chinese imports, the European Commission announced that it is working on framing tighter rules to ensure that European […]

Locus Energy and Ingrid Capacity Team Up for Second-Largest Battery Investment in the Nordics

Locus Energy, a small-scale sustainable infrastructure developer, announced that it has partnered with Ingrid Capacity, an energy tech company, to accelerate battery energy storage capacity […]

China to Continue Fossil Fuel Phase-Out and Electricity Reforms, Energy Regulator Announces

China’s National Energy Administration said that the country will continue to phase out of fossil fuels and reform its electricity system, according to a Reuters […]

Uzbekistan to Get Its First Renewable Hydrogen Facility with $65 Million EBRD Funding

The European Bank for Reconstruction and Development (EBRD) announced that it is going to finance a “pilot renewable hydrogen facility” in Uzbekistan to contribute to […]

US DOE Allocates $62 Million to Support Innovation of Clean Hydrogen Technology

The US Department of Energy announced $62 million for 20 projects in 15 states to accelerate the research, development, demonstration, and deployment of next-generation clean […]

TotalEnergies Invests $100M in US Forest Projects to Enhance Carbon Sequestration

TotalEnergies announced that it has signed a $100 million agreement with Anew Climate, a climate solutions provider, and Aurora Sustainable Lands, a carbon-stewardship company and […]

SUNfarming and SPIE Collaborate on Europe’s Largest Agrivoltaic Project with New Green Energy Substation

SUNfarming GmbH, a Germany-based developer and investor in agrivoltaic systems, announced that it has partnered with SPIE, a prominent European provider of multi-technical services in […]

South Korea to Mandate 1% SAF in International Flights Starting 2027

South Korea announced that, starting in 2027, it will ensure that all departing international flights use a mix of around 1% sustainable aviation fuel (SAF).   […]

Hygreen Energy and Coxabengoa Sign Agreement to Advance Hydrogen Technology and Production in Europe

Hygreen Energy, an electrolyzer manufacturer, announced that it has signed a strategic agreement with Coxabengoa, a vertically integrated water and energy utility, to advance hydrogen […]

UK Government Plans to Introduce New Environmental Guidance for North Sea Oil and Gas Companies

The United Kingdom government announced its plans to introduce new environmental guidance for oil and gas companies operating in the North Sea.   The guidance intends […]

SBTi Introduces New Guidelines for Achieving Net-Zero in the Building Industry

The Science Based Targets Initiative (SBTi) announced the launch of its new science-based decarbonization framework for companies and financial institutions in the building’s value chain.   […]

AXPO Secures Full Output from RWE’s 628 MW Renewable Energy Fleet in Poland

As per its latest announcement, Axpo Polska has finalized a route-to-market power purchase agreement (PPA) with RWE Renewables Poland, a division of the global renewables […]

PSEI Expands Presence in California Utility-Scale Market with 50% Stake in Desert Quartzite Project

Power Sustainable Energy Infrastructure Inc. (PSEI), the renewable energy infrastructure investment group of Power Sustainable (PS), and EDF Renewables North America (EDF Renewables) have announced […]

Linde and Dow Collaborate on Canada’s Largest Clean Hydrogen Production Plant

Linde, an industrial gases and engineering company, announced that it has signed a long-term agreement to supply clean hydrogen to Dow’s Fort Saskatchewan Path2Zero Project.   […]

Carbon Clean Signs MoU with PETRONAS for Strategic Carbon Capture Evaluation

Carbon Clean, a carbon capture solutions provider, announced that it has signed a Memorandum of Understanding (MoU) with PETRONAS CCS Solutions Sdn Bhd (PCCSS), a […]

Lhyfe, OX2, and Velarion Team Up to Develop Hydrogen-Based Industrial Cluster

Lhyfe, a green hydrogen producer, announced that it is joining forces with OX2, a Europe-based onshore wind developer, and Velarion, a company within the green […]

ReNew and Microsoft Sign Green Attribute Deal Involving 437.6 MW Commitment

ReNew, an India-based renewable energy company, announced that it has signed a green attribute sale worth 437.6 megawatts (MW) with Microsoft.   According to the company […]

DOE Allocates $31 Million to Boost Geothermal Energy Projects Across the US

The US Department of Energy announced the selection of six projects eligible to receive up to $31 million to advance geothermal energy throughout the country.   […]

Enfinity Global Secures €500 Million for 1.5 GW Solar Project in Italy

Enfinity Global Inc., a renewable energy company, announced that it has achieved a financial close on €500 million in financing for its latest venture.   This […]

JAPEX, Marubeni, and Pertamina Launch Joint Study on BECCS in Indonesia

Japan Petroleum Exploration Co., Ltd. (JAPEX) announced that it has entered into a joint study agreement with Marubeni Corporation and PT Pertamina, an Indonesian state-owned […]

New Zealand Moves to Reopen Offshore Oil and Gas Exploration to Tackle Energy Shortage

New Zealand announced that it would pass laws by the end of 2024 to reverse a ban on offshore oil and gas exploration. This reversal […]

EDP Signs Solar Power Agreement with Microsoft for 200 MW Project in Singapore

EDP Renovaveis SA announced that it has signed a contract with Microsoft Corporation to sell all the solar power generated from its 200 megawatt-peak installations.   […]

Sunly Raises €300 Million for Expansion of Solar, Wind, and Hybrid Energy Parks

Sunly, a renewable energy company, announced that it has raised €300 million in debt financing to ramp up the construction of 1.3 gigawatts of solar, […]

Pertamina Patra Niaga Secures ISCC Certification for Sustainable Aviation Fuel

PT Pertamina Patra Niaga, a subsidiary of the State oil and gas company PT Pertamina, announced that it has increased its commitment to sustainability by […]

Aslan Energy Capital and PT Calypte Sugi Power Partner to Develop 2 GW Solar Hub in Indonesia

Aslan Energy Capital announced that it has signed a Memorandum of Understanding (MoU) with PT Calypte Sugi Power, Indonesia, to cooperate on developing a power […]

Norges Bank Investment Management Commits €900 Million to CIP’s Energy Fund

Norges Bank Investment Management, which oversees Norway’s sovereign wealth fund, has pledged € 900 million to Copenhagen Infrastructure Partners’ (CIP) fifth flagship fund, CI V.   […]

Equinor Pulls Out of Vietnam Offshore Wind Sector Amid Regulatory Delays

Equinor, Norway’s state-owned energy company, announced that it has scrapped its plans to invest in Vietnam’s offshore wind sector.   According to a Reuters report, this […]

ASIC Takes Action Against Greenwashing With $123,000 in Fines and Major Court Cases

The Australian Securities & Investments Commission (ASIC) announced that it made four regulatory interventions to address greenwashing misconduct during the 15-month period ending 30 June […]

DOE Announces $66 Million in Energy Efficiency Grants for 17 States and Territories

The US Department of Energy (DOE) announced that 17 states and territories will receive awards totalling $66 million from the Energy Efficiency Revolving Loan Fund […]

India’s Renewable Energy Capacity Hits 195 GW With Solar at the Forefront and Investment Growing

According to a report by JMK Research, India’s renewable energy capacity has reached 195 gigawatts (GW) as of June 30, 2024.   Solar energy greatly contributed […]

Norway Urges Ramp-Up in Oil and Gas Exploration to Avoid Output Drop

In a recent resource report, the Norwegian Offshore Directorate (NOD) emphasised the need for Norway’s oil and gas companies to increase investments in exploration and […]

California Advances Renewable Energy with Approval of 10.6 GW Procurement Plan

The California Public Utilities Commission (CPUC) has approved a significant decision to advance the state’s renewable energy initiatives.   It voted to adopt a proposed plan […]

Egypt Seeks to Revive Oil and Gas Production by 2025 With Global Partnerships

At a press conference, Egyptian Prime Minister Mostafa Madbouly announced plans to restore the country’s oil and gas production to its previous levels by 2025, […]

DMEGC Solar to Launch 940MW Fishery-PV Project in Jiangsu, Combining Renewable Energy With Aquaculture

DMEGC Solar announced that it is making strides toward a greener energy landscape with its ambitious 940 megawatts (MW) Fishery-PV Complementary initiative in Jiangsu, China.   […]

Brazil to Invest $1.1 Billion to Accelerate SAF Production

Brazil is ramping up its investment in sustainable aviation fuel (SAF) production with plans to endow $1.1 billion.   The country’s development bank, BNDES, and the […]

Energiekontor Advances Renewable Energy Projects with New Wind Farm Permits

Energiekontor AG, a developer and operator of wind and solar parks based in Bremen, Germany, announced that it has obtained three building permits for new […]

Chinese Biofuel Firm Zhejiang Jiaao Enprotech Partners with BP in SAF Investment Deal

Chinese biofuel firm Zhejiang Jiaao Enprotech announced that its sustainable aviation fuel (SAF) unit has entered into an investment deal with BP. This deal marks […]

SolarBank Unveils Solar Project in New York With Community Focus

SolarBank Corporation announced that it plans to develop a 6.41 megawatt DC ground mount solar power project known as the East Bloomfield project in East […]

Energy Toolbase and Yotta Energy Collaborate to Advance Energy Storage Deployment Efficiency

Energy Toolbase has announced its partnership with Yotta Energy to deliver a fully integrated hardware and software solution, encouraging renewable energy developers to deploy energy […]

Avantus and Toyota Tsusho America Launch 159 MW Solar Project in Texas

Avantus, an energy company, announced that it, along with Toyota Tsusho America, has commenced the construction of the 159 megawatt (MWdc)/125 MWac Norton Solar Project […]

BayWa r.e. transforms ex-military sites into sustainable solar parks in France

BayWa r.e. announced that it has completed the construction of two solar clusters in central and southwest France. The two clusters, combined, span over an […]

Quantum Capital Group acquires Caerus Oil and Gas for $1.8 billion

Quantum Capital Group announced that it has completed the acquisition of Caerus Oil and Gas for nearly $1.8 billion, including asset-backed securities and other liabilities.   […]

Fortera secures $85 million in funding round to scale low-carbon cement technology

Fortera, a materials technology company, announced that it has secured to raise $85 million in Series C funding for scaling the development of its low-carbon […]

ADNOC, PETRONAS, and Storegga partner to develop CCS facilities in Malaysia

ADNOC, an energy company owned by the UAE government, announced that it has signed a Joint Study and Development Agreement (JSDA) with PETRONAS, a Malaysian […]

Atlas Renewable Energy partners with ArcelorMittal for solar project in Brazil

Atlas Renewable Energy announced that it has entered into an agreement with ArcelorMittal, a steel producer, to supply renewable energy.   Under the terms of the […]

EBRD and Raiffeisen Bank to provide €110 million to support Romania’s green transition

The European Bank for Reconstruction and Development (EBRD) announced that it and Raiffeisen Bank will provide a €110 million financing package for constructing and operating […]

Amprion secures €1.1 billion in green bond issuance for grid upgrades

German transmission system operator (TSO) Amprion announced it has raised €1.1 billion through its latest green bond issuance. The proceeds of the funding will be […]

Google fuels Swift Current’s Double Black Diamond Solar project with tax equity investment

Swift Current Energy announced that it has closed on a tax equity investment from Google for the energy company’s 800 MWdc Double Black Diamond Solar […]

Harrison Street to acquire stake in CPV Renewables to accelerate green energy projects

Competitive Power Ventures Group (CPV Group), a top developer, owner, and operator of large-scale renewable and low-emission power generation, announced that it is expanding its […]

US DOE announces $127.5 million funding to boost carbon capture and conversion test centres

The US Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced that it would be endowing around $127.5 million in federal […]

Boeing invests in Wagner Sustainable Fuels to boost Australian SAF production

Wagner Sustainable Fuels has announced that Boeing has become an early investor to support their sustainable aviation fuel (SAF) production facility in Brisbane.   The Brisbane […]

NIPSCO advances energy transition with completion of third solar project

Northern Indian Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc., announced that it has completed a solar project for its electric generation fleet.   […]

Enlight Begins Commercial Operations for Tapolca Solar Project in Hungary

Enlight Renewable Energy, a renewable energy company, announced that the Tapolca solar project has commenced operations.   Located in Hungary, the project has a production capacity […]

AMEA Power signs PPA and Implementation Agreement for 300 MW Wind Project in Ethiopia

AMEA Power, a renewable energy company, announced that it has signed a Power Purchase Agreement (PPA) and Implementation Agreement (IA) with Ethiopian Electric Power.   The […]

RepAir and C-Questra to develop EU’s first onshore CO2 removal project in France

RepAir Carbon US Inc., a developer of Direct Air Capture (DAC) technology, announced that it has formed a strategic partnership with C-Questra, a carbon storage […]

Masdar Partners with Infinity Power for 200MW wind farm in Egypt

Masdar, UAE’s clean energy company, announced that it has signed a power purchase agreement with Infinity Power, the Egyptian Electricity Transmission Company (EETC), for the […]

Natron Energy to build $1.4 Billion sodium-ion battery plant in Edgecombe County

Natron Energy, Inc., unveiled its plans to build the first sodium-ion battery Giga factory in the United States. The company plans to locate the facility […]

EBRD grants €25.1 million Loan to EPBiH for solar power plant development in Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) announced that it will provide a €25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH), Bosnia and […]

Promethean Particles secures £8 million funding to advance carbon capture technology

Promethean Particles announced that it has completed a £8 million funding round. The funding will enable the firm to enhance its innovative technology for carbon […]

Svante secures $100 million from Canada Growth Fund to accelerate carbon capture projects

Svante, a carbon capture company, announced that it had received $100 million in funding from the Canada Growth Fund (CGF). The funds are meant to […]

Energiequelle enhances renewable output with latest wind turbine installations

Energiequelle GmbH announced that it has launched three new Enercon turbines in Mittelherwigsdorf, Saxony, as part of a significant repowering project with Alterric Deutschland GmbH.   […]

OnPath Energy secures approval for 60-MW wind farm expansion in Scotland

OnPath Energy announced that its proposal for a wind farm extension that will provide electricity to over 80,000 homes has been approved.   Located near New […]

Algonquin Power finalizes $2.5 billion deal with LS Power

Algonquin Power and Utilities Corp. announced that it has reached a final agreement to sell its renewable energy division, excluding hydro assets, to a fully […]

National Grid ESO unveils plan to connect 4.5 GW of floating offshore wind power in Celtic Sea

The National Grid Electricity System Operator(ESO) for Great Britain unveiled its strategic design to connect up to 4.5 gigawatts of floating offshore wind renewable energy […]

Ofgem’s new funding model fast-tracks grid upgrade with Eastern Green Link 2

Ofgem’s Accelerated Strategic Transmission Investment (ASTI) framework is expediting 26 major connection projects to enhance grid capacity, potentially saving an estimated £1.5 billion, according to […]

EBRD funds €25 million project to boost Polinas Plastik’s sustainability and efficiency

The European Bank for Reconstruction and Development (EBRD) announced that it is set to provide a €25 million loan to Türkiye’s Polinas Plastik.   The EBRD […]

SUSI Partners invests in battery storage portfolio in central-southern Chile

SUSI Partners announced that via its SUSI Energy Transition Fund (SETF), it has committed to financing the development of a battery energy storage portfolio in […]

UK climate tech firm raises $5.4 million to decarbonize concrete and steel sectors

Cocoon, a UK-based climate tech company, announced that it has secured $5.4 million in pre-seed funding. The funding will be used to develop the company’s […]

Railpen expands green energy portfolio with 66 MW wind project in North Argyll

Railpen, one of the largest pension managers in the United Kingdom (UK) announced that it has entered a joint venture with GreenPower, a renewable energy […]

HIF Global secures $36 million investment from JOGMEC to expand e-fuels projects

HIF Global announced an equity investment of $36 million by Japan Organisation for Metals and Energy Security (JOGMEC), a Japanese government entity, though Idemitsu Efuels […]

Cero Generation finalizes funding for major Solar projects in Palencia, Spain

Cero Generation announced that it has reached financial close on a portfolio of five solar projects in the Palencia region of Spain. The five projects […]

Catalyze launches first Bronx battery storage project, boosting New York’s energy goals

Catalyze, a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, announced the launch of its first Battery Energy Storage System […]

BlueFloat Energy partners with MIRDC to enhance Taiwan’s floating wind supply chain

BlueFloat Energy announced the location for its “Winds of September Phase 1” project, which will be part of Taiwan’s forthcoming floating Demonstration Program, which will […]

CarbonQuest boosts market reach with new investment from Riverbend Energy Group

CarbonQuest, a provider of distributed carbon capture technology, announced the initial closing of its Series A funding round with Riverbend Energy Group. The investment acquired […]

Solarvest secures five Corporate Green Power Agreements for solar projects in Malaysia

Solarvest Holdings Berhad, a clean energy company, announced that it has secured five separate Corporate Green Power Agreements (CGPAs) with a Malaysian multi-asset exchange, two […]

Zelestra and Graphic Packaging sign VPPA to boost renewable energy in Europe

Zelestra, a renewable energy company, announced that it has signed a virtual power purchase agreement (PPA) with Graphic Packaging International, a sustainable consumer packing company.   […]

Iberdrola places $525 million in 10-year US green bonds, capitalizing on strong market demand

Iberdrola announced that, through its US-regulated electricity grid subsidiary New York State Electric & Gas Company (NYSEG), part of Avangrid, it has successfully issued a […]

US DOE announces $85 million to boost heat pump production

The US Department of Energy announced approximately $85 million for heat pump manufacturers to ramp up the production of electric heat pumps, heat pump water […]

Pivot Energy and Microsoft collaborate to develop 500 MWac of solar projects

Pivot Energy, a renewable energy provider, announced that it has signed a 5-year framework agreement with Microsoft to develop 500 megawatts (MWac) of community-scale solar […]

IFC and Citi collaborate on $500 million facility to boost sustainable supply chain finance in Mexico 

The International Finance Corporation (IFC) and Citi have decided to launch a $500 million facility in Mexico as the initial initiative within a $2 billion […]

Fourth Partner Energy to expand with $275 million investment from IFC, ADB, and DEG 

The International Finance Corporation (IFC), along with the Asian Development Bank (ADB) and Deutsche Investitions- und Entwicklungsgesellschaft (DEG), announced that it will endow $275 million […]

IFC and EU partner to advance green economy and renewable energy in the Philippines 

The International Finance Corporation (IFC) announced that it is partnering with the European Union (EU) under the Green Economy Programme for the Philippines (GEPP), which […]

FRV Australia reaches financial close for battery storage project

Fotowatio Renewable Ventures (FRV) Australia announced achieving financial close and commencement of construction of the Terang Battery Energy Storage System (BESS) project.   The project highlights […]

EBRD invests €20 million to boost EV charging infrastructure in Poland 

The European Bank for Reconstruction and Development (EBRD) announced that it will be providing €20 million as a loan to European charge point operator Allego. […]

EBRD to promote renewable energy in Tunisia by financing solar PV installation

The European Bank for Reconstruction and Development (EBRD) announced that it is collaborating with Proparco, a French development agency, to promote Tunisia’s green transition.   To […]

EIB grants €50 million green loan to Matrix Renewables for solar project in Spain

The European Investment Bank (EIB) announced that it has signed a €50 million green loan agreement with Matrix Renewables to support the design, construction, and […]

US DOE invests $2.2 billion in grid resilience across 18 States, adding 13 GW capacity

The US Department of Energy (DOE) announced that it will endow $2.2 billion in the nation’s grid for eight projects in 18 states.   The investment […]

Exclusive: New video game puts corporate sustainability on the line

The battle against climate change is intensifying, with new voices joining the movement as glaciers continue to melt and global temperature continues to rise. Amid […]

Statera Energy’s 400 MW battery storage project approved to boost UK grid and biodiversity 

Statera Energy announced that it has secured planning permission for a 400-megawatt (MW) battery energy storage system (BESS) that can store energy for up to […]

Vopak and Northern Territory Government partner on CO2 import terminal in Australia 

Vopak announced that it has signed a Memorandum of Understanding (MoU) with the Northern Territory Government to develop a common-user infrastructure, including a CO2 import […]

EBRD grants $20 million loan to Crédit Agricole Egypt to support SMEs and green investments 

The European Bank for Reconstruction and Development (EBRD) announced that it is set to boost small businesses and green investments in Egypt by providing a […]

EBRD supports Romanian renewable energy with €12.2 million for solar power plants 

The European Bank for Reconstruction and Development (EBRD) announced that it will provide €12.2 million for the construction of two solar power plants in Romania’s […]

OX2 sells 99-MW offshore wind project in Romania to Nala Renewables

OX2 announced that it has reached an agreement to sell a 99.2-megawatt offshore wind project in Romania to Nala Renewables, a joint venture between IFM […]

EBRD funds wind farm project in Estonia with €100 million loan 

The European Bank for Reconstruction and Development (EBRD) announced that it will provide a €100 million loan to Enefit Green for the construction and operation […]

EIB grants €35 million green loan to Haizea wind group for advanced wind energy technologies 

The European Investment Bank (EIB) announced that it had signed a  €35 million green loan with Haizea Wind Group, a Spanish company that manufactures components […]

Iberdrola expands UK presence with €2.5 billion acquisition of Electricity North West

Iberdrola announced that it has signed an agreement to acquire 88% of Electricity North West (ENW) in the UK for an equity value of €2.5 […]

Iberdrola signs €500 million green loan to support global renewable projects and boost electrification plan

Iberdrola announced that it has signed a syndicated green loan for an € 500 million along with ICO, Sabadell and HSBC.   This loan is backed […]

Plenitude secures long-term PPA with Ferriera Valsabbia to deliver 350 GWh of renewable energy

Plenitude announced that it has signed a 10-year power purchase agreement (PPA1) with Ferriera Valsabbia to supply energy produced 100% from renewable sources.   As per […]

DOE allocates $41 million to boost renewables-to-liquids technologies for cleaner fuels

The US Department of Energy announced that it will invest $41 million in 14 projects to develop technologies that will boost Renewables-to-Liquids (RtL).   These technologies […]

SBS signs 10-year renewable energy deal with ZEN Energy 

SBS, an Australian broadcaster, announced that it has signed a 10-year power purchase agreement (PPA) with ZEN Energy for renewable energy.   ZEN Energy will supply […]

BrightNight secures $440 million from Goldman Sachs to advance renewable portfolio 

BrightNight, a renewable power company, announced that it has received a $440 million strategic investment from Goldman Sachs Alternatives’ infrastructure business.   This strategic investment, along […]

3Degrees and Microsoft strike carbon removal deal with Blue Creek Project

3Degrees, a climate solutions provider and certified B Corp announced that it has made a CDR transaction with Microsoft.   The deal involves purchasing over 80,000 […]

FRV Australia secures A$1.2 billion refinancing for renewable energy portfolio

Fotowatio Renewable Ventures (FRV) Australia, a developer of sustainable energy solutions and a member of Jameel Energy and the Canadian infrastructure fund OMERS, announced that […]

KKR acquires major stake in Avantus, accelerates growth with $522 million financing

KKR, an investment firm, announced that it has acquired a majority equity interest in Avantus, a developer of utility-scale solar and solar-plus-storage projects, through KKR-managed […]

Eolian secures green loan with global banks to support clean energy initiatives

Eolian, L.P., a portfolio company of Global Infrastructure Partners (GIP), announced that it has successfully closed a $315 million green loan and a $75 million […]

EIB and Deutsche Bank partner to strengthen wind energy supply chain with €5 billion initiative 

The European Investment Bank announced that it is going to extend a €5 billion initiative to support wind-energy equipment manufacturers in Europe by providing a […]

AES launches AI-driven robot to transform solar energy installation efficiency 

AES unveiled its recent innovation, poised to change the solar industry: an AI–driven solar installation robot. According to the company, the robot can install solar […]

HIF Global teams up with Airbus to advance e-SAF development 

HIF Global announced that it has signed a Memorandum of Understanding (MoU) with Airbus to accelerate the global development of e-fuels for aviation (e-Sustainable Aviation […]

TotalEnergies strengthens clean energy strategy with acquisition of SN Power and African hydropower projects 

TotalEnergies announced that it has signed an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of its subsidiary SN Power.   SN Power […]

Enlight Renewable Energy secures financing for Atrisco Energy Storage Project 

Enlight Renewable Energy Ltd. announced that it has reached the financial close for the energy storage portion of its Atrisco Solar and Energy Storage project, […]

IAG secures largest SAF purchase in Spain, advances sustainability goals 

International Airlines Group (IAG) announced that it has reached an agreement with Repsol to purchase and supply over 28,000 tons of sustainable aviation fuel (SAF) […]

US DOE announces $24 million funding for workforce training programs focused on clean energy 

The US Department of Energy (DOE) announced that 21 new projects have been selected to receive $24 million from the Bipartisan Infrastructure Law.   The funding […]

Intertek reappointed by TenneT for long-term offshore wind grid services in the North Sea

Intertek announced its reappointment by transmission system operator TenneT to provide long-term client representation services for offshore wind grid connections in the North Sea.  The […]

Hecate Energy’s lease request triggers BOEM inquiry into Gulf Offshore Wind Potential 

The Bureau of Ocean Energy Management (BOEM) announced that it has received an “unsolicited lease request” from Hecate Energy Gulf Wind LLC (Hecate Energy).   The […]

CF Industries partners with ExxonMobil for carbon capture and sequestration in Mississippi 

CF Industries Holdings, Inc., a leading ammonia producer, announced that it is proceeding with its planned carbon capture and sequestration (CCS) project at its facility […]

EBRD invests $40 million in Georgia Global Utilities’ green Eurobond 

The European Bank for Reconstruction and Development (EBRD) announced that it has successfully participated in Georgia Global Utilities’ (GGU) second green Eurobond issuance.   EBRD’s participation […]

Logistics real estate specialist receives €250 million EIB loan to expand green energy infrastructure  

The European Investment Bank (EIB) announced that it is going to lend Warehouses De Pauw (WDP) with €250 million.  WDP is a prominent European logistics […]

Masdar and Endesa seal renewable energy deal in Spain with €817 million investment 

Masdar announced that it has finalised an agreement with Endesa S.A. to become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, […]

US DOE funds $33 million for solar-thermal projects to boost clean fuel and energy storage 

The US Department of Energy (DOE) announced that it will invest $33 million in nine projects in seven states to advance concentrating solar-thermal (CST) systems, […]

LanzaJet Secures investment from Airbus to scale sustainable aviation fuel technology

LanzaJet, a sustainable fuels technology company and sustainable fuels producer, announced that it has received a strategic investment from Airbus.   The investment from Airbus will […]

EIB and ANA partner to introduce low-carbon infrastructure at Portugal’s airports 

The European Investment Bank (EIB) announced that it had signed a €50 million with Aeroportos de Portugal (ANA) to introduce low-carbon infrastructure in mainland Portugal […]

EIB and IDB partner on $300 million guarantee to advance Barbados’ climate resilience projects 

The Inter-American Development Bank (IDB) and the European Investment Bank (EIB) announced that they have approved guarantees amounting to $300 million to support an “innovative […]

Eku Energy launches first Japan project with Tokyo Gas partnership 

Eku Energy, an energy storage specialist, unveiled the Hirohara Battery Energy Storage System (BESS) situated in Oaza Hirohara, Miyazaki City, Miyazaki Prefecture.   This 30 megawatt/120 […]

EIB and Prysmian sign €450 million deal to boost renewable energy transition 

The European Investment Bank (EIB) announced that it had signed a €450 million finance contract with Prysmian, a prominent player in the power and telecom […]

TotalEnergies make final investment decision on 100 MW battery storage in North Rhine-Westphalia 

TotalEnergies announced that it has made the final investment decision for a 100-megawatt/200-megawatt-hour battery storage project in Dahlem, North Rhine Westphalia.   This marks the initial […]

TotalEnergies acquires 50% stake in OranjeWind offshore wind farm from RWE 

TotalEnergies announced that it has inked agreements with RWE to acquire a 50% stake in OranjeWind, a 795-megawatt offshore wind farm in the Netherlands that […]

Clearway Energy signs 25-Year PPA with Puget Sound Energy for Montana wind farm 

Clearway Energy Group announced that it has signed a 25-year-long power purchase agreement (PPA) with Puget Sound Energy (PSE) for the Haymaker wind farm.   The […]

Carbon storage operator partners with GIG-PIB to develop CCUS projects

C-Questra announced that it had inked a Memorandum of Understanding (MoU) with the Central Mining Institute-National Research Institute in Poland (GIG-PIB) to partner on developing carbon capture, […]

Summit Carbon Solutions to partner with Mangrove Systems for BiCRS project

Summit Carbon Solutions (Summit) has partnered with Mangrove Systems (Mangrove), a Toronto-based technology company, and selected its solution, Mangrove Nexus, as its primary carbon management […]

EIB Global commits €73 million to accelerate the decarbonisation of the automotive industry  

European Investment Bank Global, the arm of the European Investment Bank (EIB), announced that it will be providing Fiat Chrysler Automobiles (FCA) Serbia with a […]

Ormat and SLB partner to provide integrated geothermal project solutions

Ormat Technologies, Inc., an alternative geothermal energy technologies company, has partnered with Schlumberger Limited (SLB), a global player in decarbonizing industry and innovating in energy […]

SSE Renewables plans to advance pumped storage hydro project in Scotland 

SSE Renewables announced that it intends to advance a new pumped storage hydropower project at Loch Fearna in Scotland’s Great Glen. The project will be […]

Clearway Energy secures funding and begins construction on California solar and battery storage projects 

Clearway Energy Group announced that it closed over $700 million in construction financing and has commenced the construction process on two of its major projects […]

CarbonBlue raises $10 million to expand water-based carbon removal technology 

Climate-tech startup CarbonBlue announced that it had raised $10 million through a seed funding round to “scale up and deploy” its water-based carbon dioxide removal […]

US EPA grants $450 million to expand heat pump use in New England 

The United States Environmental Protection Agency (EPA) announced that “the general competition selection of the New England Heat Pump Accelerator to receive a $450 million […]

Afreenergy Solar expands in Senegal with the acquisition of GreenYellow’s solar portfolio 

Afreenergy Solar, a subsidiary of Independent Power Producer (IPP) Afreenergy, announced that it has inked an agreement with GreenYellow for the acquisition of a portfolio […]

Parkwind introduces sustainable boat charging solution at Nobelwind Wind Farm

Parkwind announced that it has implemented an innovative boat charging system at sea, which aims to reduce greenhouse gas (GHG) emissions from maintenance vessels and […]

Iberdrola expands renewable footprint in Portugal with two new PV plants

Iberdrola announced that it is expanding its renewable production in Portugal with the addition of two new photovoltaic (PV) plants – Montechoro I and II.   […]

Air Liquide to deploy the world’s largest CO2 liquefaction unit in Stockholm BECCS Project

Air Liquide announced that its large-scale CO2 liquefication technology, Cryocap LQ, has been chosen by Stockholm’s energy company, Stockholm Exergi, to contribute to its Bio-Energy […]

First Solar unveils ownership of TOPCon Patents, launches infringement probe 

First Solar announced its acquisition of patents related to the manufacturing of Tunnel Oxide Passivated Contact (TOPCon) crystalline-silicon (c-Si) photovoltaic (PV) solar cells.   The company […]

Phlair announces new direct air capture plant in Rotterdam

Phlair, a Munich-based climate tech company, announced its new direct air capture (DAC) plant, Electra 01, located in Rotterdam, the Netherlands.   As per the announcement, […]

Masdar secures $1 billion in second green bond issuance for renewable energy expansion

Masdar announced that it has secured $1 billion through its second green bond issuance under the company’s Green Finance Framework.   The announcement comes a year […]

Iberdrola’s subsidiary and Carbon2Nature partner to enhance carbon capture projects in Brazil

Iberdrola announced that its subsidiary, Neoenergia, is partnering with Carbon2Nature to develop projects that capture carbon using nature-based solutions to reduce the global footprint. In […]

Mercedes-Benz and Starbucks partner to expand EV infra in the US

Mercedes-Benz High-Power Charging and Starbucks announced a partnership to electrify over 100 Starbucks stores across the United States.   The aim of the first phase of […]

Repsol and EDF Renewables seal exclusive deal for offshore wind ventures

Repsol and EDF Renewables announced the signing of an exclusivity agreement to collaborate for future offshore wind tenders in Spain and Portugal, considering the Iberian […]

Cloverleaf Infrastructure secures $300 Million for clean-powered data centres 

Cloverleaf Infrastructure announced that it has secured $300 million to develop clean-powered data centre sites.  The capital commitment of $300 million was received from private […]

Macquarie Asset Management to acquire full ownership of Lynn and Inner Dowsing offshore wind farms 

Macquarie Asset Management announced that it aims to acquire, using its managed funds, an additional stake worth 39.25% in the Lynn and Inner Dowsing offshore […]

Danish startup secures $43 million to build full-scale decarbonisation plants

Again, a Danish startup, announced that it has secured $43 million in a Series A financing round to facilitate its goal of decarbonising and turning […]

EIB commits €400 million to enhance water security in Jordan 

The European Investment Bank (EIB) announced its largest water financing of €400 million in Jordan, aimed at improving “water availability, security and sustainability.”   The financing […]

Intersect Power secures $837 million financing for Texas battery storage projects

Intersect Power, LLC, announced the closing of two transactions totalling $837 million of financing commitments for the construction and operation of three standalone Battery Energy […]

Saudi Arabia’s PIF enters three joint ventures for renewable energy localization 

Saudi Arabia’s Public Investment Fund (PIF) announced it had inked three new agreements to localize the manufacturing and assembly of components required for solar and […]

Avangrid commences operations at True North Solar Project in Texas 

Avangrid, a subsidiary of Iberdrola, announced that it has commenced producing power from its True North solar project in Falls County, Texas, near Waco.   According […]

SunCable’s flagship project receives approval to advance to the next stage 

SunCable announced that it has secured the principal environmental approval from the Northern Territory Government and Northern Territory Environment Protection Authority for the company’s “flagship […]

rPlus Energies secures $1 billion financing for Green River Energy Project

rPlus Energies announced it has secured $1 billion in construction debt financing for its Green River Energy Project subsidiary. The project in Emery County has […]

Copenhagen Offshore Partners advances Haewoori Offshore Wind Project with successful EIA consultation 

Copenhagen Offshore Partners (COP) announced that the Haewoori Offshore Wind project has finished the Environmental Impact Assessment (EIA) consultation with Korea’s Ministry of Trade, Industry […]

RWE secures €619 million funding for hydrogen projects across Germany 

RWE announced that the German and federal state governments confirmed that over “€ 619 million has been granted to implement two of RWE’s large hydrogen […]

Leeward Renewable Energy boosts growth with $1.25 billion funding for renewable expansion 

Leeward Renewable Energy (LRE) announced that it has secured $1.25 billion in construction warehouse financing. This financing expands LRE’s financing capacity to facilitate the continuous […]

EIB commits €490 million for energy-efficient homes in Catalonia with ICF 

The European Investment Bank (EIB) and Institut Català de Finances (ICF) announced that they have signed a €163 million loan to facilitate the construction of […]

Naked Energy raises £17 million to accelerate global adoption of solar thermal solutions 

Naked Energy, a Britain-based solar heat and power company, announced that it has secured £17 million of new equity as part of a Series B […]

Akaysha Energy Secures Record A$650 Million BESS Financing 

Akaysha Energy announced the completion of a $650 million debt raise with a consortium of eleven domestic and international banks.   This financing will support the […]

Quinbroook and Origin Energy expand partnership with Stage 2 of Supernode Battery Project

Quinbrook Infrastructure Partners, a global investment manager specialising in energy transition infrastructure, announced an expansion of its partnership with Origin Energy.   The partnership expansion entails […]

Iberdrola and Multiverse Computing complete trials to increase grid-scale battery efficiency 

Iberdrola, an energy company, and Multiverse Computing, a value-based quantum computing solutions company, announced the successful completion of a pilot project in northern Spain.   The […]

Rio Tinto and Ngarluma collaborate on renewable energy project 

Rio Tinto and Ngarlum Aboriginal Corporation (NAC) announced that they will partner to develop an 80-megawatt (MW) solar farm in Ngarluma Country, near Karratha.   The […]

Swiss Life Asset Managers acquires Vergia to boost green energy innovations 

Swiss Life Asset Managers has announced the acquisition of Vergia, a leading platform based in Norway focused on advancing the green energy transition. This acquisition, […]

Ørsted innovates new low-noise method for offshore wind foundation installation 

Ørsted announced that it is working on developing a “new, lower-noise installation method” that could possibly transform the installation of offshore wind foundations.   According to […]

Fertiglobe wins bid to supply renewable ammonia to EU in H2Global Auction

Fertiglobe, a chemical industry company, announced that it has been chosen as the winning bidder for delivering renewable ammonia to the European Union, following a […]

Iberdrola signs PPA with Burger King to supply renewable energy

Iberdrola, through its subsidiary Iberdrola España, announced that it has signed a new long-term power purchase agreement (PPA) with Burger King.   As per the agreement, […]

Atlantic Shores submits bid for New Jersey’s offshore wind solicitation 

Atlantic Shores Offshore Wind (Atlantic Shores) announced that it has submitted a proposal to the Fourth Offshore Wind Solicitation (NJ4).   The proposal features projects strategically […]

EIB and Poste Italiane sign €450 million deal for digitalization and sustainability 

The European Investment Bank (EIB) and Poste Italiane announced the signing of a €450 million finance contract to explore ways to “boost service digitalisation and […]

Enagás sells Tallgrass Energy stake for $1.1 Billion to fund hydrogen investment 

Enagás announced that it has reached an agreement to sell its 30.2% shares in Tallgrass Energy to Blackstone Infrastructure Partners for “1,100 million dollars.”   The […]

DOE announces plans to allocate $14 million for domestic battery recycling 

The US Department of Energy (DOE) announced a pledge to invest $14 million to increase “consumer battery recycling”, along with creating a more sustainable domestic […]

Recurrent Energy signs 10-year-long PPA with GKN Automotive

Recurrent Energy announced that it had inked a 10-year-long power purchase agreement (PPA) with GKN Automotive, a company focusing on drive systems.  The PPA will […]

BRK inks agreement with Elera for supply of solar energy via self-production

BRK and Elera, a power generation company owned by the Canadian group Brookfield, announced a partnership in which BRK will acquire 48 megawatts (MW) of […]

RWE and Masdar’s Dogger Bank South offshore wind projects advance to the next stage

RWE and Masdar announced that they had reached a crucial developmental milestone for the Dogger Bank South Offshore Wind Farms (DBS).   The announcement mentioned that […]

Neoenergia and Brazil’s Ministry of Defense partner for 10 solar power plants 

Neoenergia and the Ministry of Defense announced the signing of a Technical Cooperation Agreement to finalize contracts with Brazil’s Armed Forces.   The initiative focuses on […]

Orsted assumes ownership by purchasing the remaining shares of Sunrise Wind offshore wind project 

Orsted announced that it has completed the acquisition of Eversource Energy’s 50% share in Sunrise Wind offshore wind project. With this acquisition, Orsted is now […]

US offshore wind sector set to invest $65 billion, create 56,000 jobs by 2030

The American Clean Power Association (ACP) released the 2024 Offshore Wind Market Report, which highlighted that the clean power industry is predicted to invest nearly […]

ArcelorMittal Gent begins innovative trial to recycle CO2 emissions from steel production

ArcelorMittal and Mitsubishi Heavy Industries Ltd. (MHI) announced that they are collaborating with a tech company, D-CRBN, to test a new technology for converting the […]

SSE and APG advance offshore wind farm development in the Netherlands 

The ‘Noordzeker’ consortium, a joint venture between SSE and APG (representing Dutch pension fund ABP), announced that it will progress with the development of the […]

Levanta Renewables enters the Thai solar market with a 139.4 MW acquisition

Levanta Renewables, a renewable energy developer and independent power producer in Southeast Asia, announced that it has finalized the acquisition of a 90% controlling stake […]

Clearway Energy secures financing, initiates repowering of South Texas wind farm

Clearway Energy Group announced the successful closure of financing and the commencement of repowering construction for its Cedro Hill wind farm located in Webb County, […]

Dominion Energy expands offshore wind portfolio with acquisition of Kitty Hawk North lease 

Dominion Energy announced that it reached an agreement to acquire the Kitty Hawk North Wind offshore wind lease and associated developments from Avangrid, Inc. for […]

Dimitra launches traceable carbon credit initiative to empower farmers

Dimitra, an agricultural technology and sustainability solutions company, announced the launch of its carbon credit initiative, Dimitra Carbon.   This revolutionary carbon credit program seeks to […]

Battery storage firm initiates strategic expansion into Spain 

Field, a battery storage firm, announced its expansion into Spain. The firm’s general manager, Toni Martinez, is spearheading the expansion, which will see the company […]

Wind farms supplied 34% of Ireland’s electricity in the first half of 2024, report says 

According to the June Wind Energy report released by Wind Energy Ireland, wind farms accounted for 34% of Ireland’s electricity generation in the first half […]

L&T renewable arm lands contract for 3.5 GW solar PV Projects in the Middle East 

The renewables arm of Larsen and Toubro (L&T) announced that it has finalized mega orders with “a leading developer” in the Middle East to build […]

TotalEnergies and SLB partner to develop digital solutions for more sustainable energy 

TotalEnergies announced a partnership with SLB to develop “innovative digital solutions” to accelerate efforts to contribute to more sustainable hydrocarbon production.   As part of the […]

Technip Energies and SBM Offshore establish Ekwil for floating offshore wind solutions 

Technip Energies, an engineering and technology company, and SBM Offshore announced the formal implementation of Ekwil, a 50/50 floating offshore wind joint venture.   According to […]

Corre Energy, SemperPower announce €7 million joint venture for battery storage facility

Corre Energy announced a joint venture (JV) with SemperPower, an energy equipment and solutions company, to develop one of Europe’s largest battery storage facilities. The […]

ERM begins offshore trials for Dolphyn Hydrogen Process in UK waters 

ERM, a sustainability consultancy company, announced that it has commenced offshore trials to test the key elements of its Dolphyn Hydrogen process.   The trials mark […]

European Energy secures grid connection approval for 500 MW in Romania

European Energy announced that it had acquired grid connection approvals for nearly 500 megawatts (MW) of solar and wind energy projects across Romania.  The approvals […]

CalPERS allocates nearly $10 billion to climate action investments

The California Public Employees’ Retirement System (CalPERS) announced a commitment of almost $10 billion to advancing global efforts to transition to a low-carbon economy.   This […]

ENGIE and BASF sign 7-year Biomethane Purchase Agreement

ENGIE announced that it signed a 7-year Biotmethane Purchase Agreement (BPA) with BASF. According to the agreement, ENGIE will supply the chemicals company with 2.7 […]

South Africa possesses significant potential in the production of sustainable aviation fuel

At the IATA Wings of Change Focus Africa conference in Johannesburg, the International Air Transport Association (IATA) called upon South Africa to harness its resources […]

Covestro and BP sign long-term power purchase agreement

Covestro, a polymer materials manufacturing company, announced that it has signed a 10-year-long power purchase agreement (PPA) with bp. The purchased power will be supplied […]

Bekaert and Rezolv Energy sign 10-year virtual power purchase agreement

Bekaert, announced that it has signed a 10-year virtual power purchase agreement(VPPA) in Romania with Rezolv Energy, an independent power producer in Central and Southeastern […]

Iberdrola acquires Balantia to enhance energy efficiency and sustainability efforts 

Iberdrola, a Spanish renewables company, announced that it has acquired the “80% it did not control of Balantia”. Iberdrola had initially entered the firm’s capital […]

Cepsa and PreZero Spain partner to convert waste into biomethane and biofuels 

Cepsa announced that it has entered a strategic partnership with PreZero Spain to advance objectives related to decarbonization.   According to the agreement, PreZero Spain will […]

Luxcara selects Chinese turbines for offshore wind farm project 

Luxcara, an independent German asset manager for clean energy infrastructure projects, announced that it has signed a “preferred turbine supplier”.   The asset manager has signed […]

US Department of the Interior approves ninth offshore wind project 

The US Department of the Interior announced the approval of the Atlantic Shores South offshore wind energy project, the country’s ninth commercial-scale offshore wind energy […]

EIB and Snam sign €100 million financing agreement for boosting energy efficiency  

The European Investment Bank (EIB) announced that it has entered a € 100 million financing agreement with Snam, an Italian energy infrastructure company. The funds […]

BOEM approves construction and operations plan for New England offshore wind projects 

The US Bureau of Ocean Energy Management (BOEM) announced that it has approved the New England Wind Construction and Operations Plan (COP) for two offshore […]

Climate tech company secures $34 million in Series A funding for production of SAF 

Aether Fuels, a climate technology company, announced that it has secured $34 million in Series A financing from a syndicate of global investors.   The funds […]

Neste to provide sustainable aviation fuel to Hotelplan Group 

Neste announced that it will supply sustainable aviation fuel (SAF) to Hoteplan Group, a Swiss travel group mainly focused on the leisure and business travel […]

EIB Global supports €271 million Egyptian climate and environmental business financing scheme 

During the EU-Egypt Investment Conference in Cairo, the European Investment Bank (EIB Global) unveiled a €271 million financing initiative aimed at empowering industrial companies throughout […]

EIB to provide €300 million loan to Europe’s third largest steelmaker to boost green steel production

The European Investment Bank (EIB) announced that it is providing voestalpine AG, a steel and technology company, a loan of €300 million. voestalpine AG is […]

Verra announces new carbon capture and storage methodology

Verra, a certifier of voluntary carbon offsets, announced the release of the Verified Carbon Standard (VCS) Methodology VM0049 Carbon Capture and Storage.   The standard, known […]

Iberdola’s 1 billion Windanker project reaches delivery phase

Iberdrola announced that its €1 billion Windanker project in Germany has reached the delivery phase. All associated supply chain contracts for major components are secured […]

Gunvor and Quercus announce partnership to develop 3 GW of solar PV in Italy

Gunvor Group, a prominent energy commodities trading company, has announced a partnership with Quercus Real Assets Limited, a specialist in international renewable investments focused on […]

International Organization for Standardization (ISO) to develop international standards on Net-Zero

The International Organization for Standardization announced that it is working on developing an international standard for Net-Zero.  The international standard will “provide clarity on the […]

Deep Wind Offshore secures expansion in Baltic Sea with wind farm auction win

Deep Wind Offshore announced that it has extended its exclusive rights to develop an offshore wind farm in the Baltic Sea region by winning an […]

US Department of the Interior announces offshore wind lease sale in Central Atlantic

The US Department of the Interior announced that it will hold an offshore wind energy lease sale in the Central Atlantic. The lease will target […]

Recurrent Energy signs $103 million agreement with Bank of America for solar project 

Recurrent Energy, a developer, owner, and operator of solar and energy storage assets, announced that it had completed signing a $103 million tax credit facilitation […]

Renewco and INDHO announce joint venture to launch platform focused on green hydrogen projects 

Renewco Power, a UK-based renewable energy platform, announced a joint venture with INDHO, a green hydrogen developer, to develop a new platform focused on green […]

Sirona Technologies raises a €6 million seed round to deploy first DAC plant in Kenya 

Sirona Technologies, co-founded by a former Tesla engineer, announced that it had raised a €6 million seed round to advance its mission of combating climate […]

Shell set to build two carbon capture hubs in Canada 

Shell announced its plans to establish two new carbon capture storage (CCS) facilities- Polaris and Atlas – in Canada.    Shell Canada Products, a subsidiary of […]

EIB and Cepsa sign €285 million loan agreement for biofuels plant 

The European Investment Bank (EIB) and Cepsa announced the signing of a €285 million loan agreement. The funds will be used by Cepsa to construct […]

US DOE announces over $63 million to support transformative energy technologies

The US Department of Energy (DOE) announced $63 million to support four transformative energy technologies through the Seeding Critical Advances for Leading Energy Technologies with […]

Iberdrola issues €350 million green bond to diversify financing sources 

Iberdrola, a Spain-based electricity company, announced that it had issued a green bond for 335 million Swiss francs (€350 million) in two “tranches” to diversify […]

Denmark to implement world’s first livestock emissions tax to boost climate goals 

Denmark has taken a significant step towards reducing carbon emissions and achieving its 2030 climate goals by introducing a landmark tax on livestock emissions.   This […]

Report highlights impact of $100 billion carbon market over the next decade 

BeZero Carbon, a global carbon credit ratings agency, published a report outlining the transformative potential of a $100 billion carbon market expected to emerge over […]

Oman shortlists nine companies for the Ibri III solar project 

Nama Water and Procurement Company (NWAP), Oman’s sole provider of electricity, water and wastewater services, announced the list of prequalified applicants shortlisted for the development […]

Nuada begins carbon capture trials at Buzzi’s cement facility 

Nuada, a carbon capture company, announced the launch of a pilot plant in collaboration with Buzzi Unicem at its cement facility in Italy. This marks […]

Arizona utility Salt River Project adds two additional battery storage systems  

Arizona utility Salt River Project (SRP) and Plus Power LLC announced the addition of two battery storage systems. The two systems—Sierra Estrella Energy Storage and […]

O.C.O Technology and Petronor collaborate to build €20 million carbon-negative aggregate facility 

O.C.O Technology announced that it had entered a joint venture partnership with Petronor to build a €20 million facility in the Port of Bilbao, which […]

LanzaJet secures MUFG investment to scale sustainable aviation fuel technology 

LanzaJet, a sustainable fuels company, revealed that it had received an investment from Mitsubishi UFJ Financial Group (MUFG) to accelerate the deployment of its “proprietary […]

EBRD to provide loan to Turkey’s cement sector to boost decarbonisation efforts 

The European Bank for Reconstruction and Development (EBRD) announced that it will be providing Türkiye’s Cimsa, a cement producer, to bankroll the company’s decarbonisation investment […]

GE Vernova announces milestone gas turbine and services deal for Saudi Arabian Power Expansion 

GE Vernova announced that it has received a major gas turbine order and a long-term service agreement for power plants in Saudi Arabia.   The order, […]

Fervo Energy signs two 15-year PPAs with Southern California Edison for 320 MW 

In a press release, Fervo Energy, a green energy supplier, announced the signing of two 15-year power purchase agreements (PPAs) with Southern California Edison(SCE).   The […]

Alcazar Energy announces $500 million investment to launch largest onshore wind farm project in Macedonia 

In a press release, Alcazar Energy Partners unveiled its plans to launch the biggest onshore wind farm project in North Macedonia with an investment of […]

European Investment Bank to provide €1.2 billion loan to RWE for offshore wind project 

The European Investment Bank announced in a press release that it would provide a €1.2 billion loan to RWE to finance the construction of the […]

Heirloom announces plans to build two direct air capture plants in Louisiana 

Heirloom, a direct air capture company, announced that it plans to establish two direct air capture (DAC) facilities in Louisiana. The company stated in a […]

Macquarie Asset Management set to divest stake in Hydro Dolomiti Energia 

Macquarie Asset Management announced in a press release, that it has secured an agreement to divest its stake in Hydro Dolomiti Energia (HDE).   The release […]

Adaptavate announces first-ever full-sized​, ​​​​​​​​carbon-negative​ plasterboard 

Adaptavate announced in a press release that it has produced the “world’s first plasterboard to store carbon permanently.”  The plasterboard reportedly can take nearly 1 […]

KKR and IGNIS partner to launch platform for green energy solutions 

KKR, a global investment firm, and IGNIS, a Spanish renewable group, announced in a press release that they are collaborating on the launch of IGNIS […]

EU distributes nearly €3 billion across member states to advance energy projects

The European Commission announced that the European Union (EU) has distributed €2.967 billion via the Modernisation Fund to back 39 energy projects in 10 member […]

Rolls-Royce innovates with consortium on next-gen hydrogen engine for sustainable CHP solutions 

Rolls-Royce Power Systems, a subsidiary of Rolls-Royce Holdings, is working with a consortium of five companies on developing the technologies required for a “highly efficient […]

Sunrise Wind offshore project in the US gets final approval  

Sunrise Wind, New York’s largest offshore wind project, announced in a press release that it has obtained approval for its Construction and Operations Plan (COP) […]

US government announces $850 million initiative to slash methane emissions in oil and gas sector 

The U.S. Department of Energy (DOE) and the US Environmental Protection Agency (EPA) have announced the launching of applications for federal funding totalling $850 million […]

Nextracker acquires US-based Ojjo for $119 million

Nextracker, a solar trackers solutions provider, announced in a press release that it has acquired Ojjo, a solar foundations expert, in an all-cash transaction for […]

European Commission approves €3 billion German state aid to support hydrogen transmission 

In a press release, the European Commission announced that it has approved a €3 billion German scheme to fund the construction of the “Hydrogen Core […]

ACCIONA Energia and Vidrala ink PPA for electricity supply in Portugal 

ACCIONA Energia announced in a press release that it has inked a power purchase agreement with Vidrala, a glass packaging design and manufacturing company.   The […]

Indigo Ag to deliver 40,000 carbon credits in a record deal to Microsoft 

Indigo Ag announced in a press release that it will sell nearly 40,000 agricultural soil-based carbon credits from its third carbon crop to Microsoft.   This […]

Synhelion launches world’s first solar-powered synthetic fuel plant 

According to a press release, Synhelion, a clean energy company, inaugurated the world’s first industrial-scale plant to make synthetic fuels using solar heat.   Named DAWN […]

Recurrent Energy secures $513 million for Arizona energy storage project 

In a press release, Recurrent Energy announced that it had secured $513 million in funds as project financing for its Papago Storage project in Arizona.   […]

Masdar to Acquire Terna Energy in €3.2 Billion Deal 

In a press release, Masdar announced that it had reached a definitive agreement with Terna Energy to completely take over the firm. Masdar is planning […]

ARENA funds Amber Electric for Vehicle-to-Grid trial  

The Australian Renewable Energy Agency (ARENA) announced in a press release that it will provide $3.2 million in funding to Amber Electric to test out […]

Qualitas Energy inks long-term VPPA with Salesforce 

In a press release, Qualitas Energy announced the inking of a deal of long-term virtual power purchase agreement (VPPA) with Salesforce for 27 MWp of […]

Beagle Systems and AIRMO collaborate on a methane monitoring system for oil and gas industry 

In a press release, Beagle Systems, an air data acquisition company, announced its collaboration with AIRMO. The two organizations have joined forces to create an […]

Frontier secures $48.6 million offtake agreements with Stockholm Exergi for biomass carbon capture project 

In a press release, Frontier announced that it had facilitated offtake agreements with Stockholm Exergi, marking the initiation of Europe’s foremost commercial-scale carbon removal retrofit […]

Equatic set to build North America’s first commercial-scale ocean-based carbon removal plant 

Equatic, a carbon removal company, announced in a press release that the engineering on North America’s first commercial-scale ocean-based carbon dioxide removal (CDR) plant is […]

Vestas secures 577 MW order for Golden Plains Wind Farm’s second stage 

In a press release, Vestas, a renewable energy company, announced that it has been awarded the Engineering, Procurement, and Construction (EPC) for the second stage […]

DRI expands renewable portfolio in Romania with 126 MW solar park acquisition 

DRI, the renewable energy arm of DTEK Group, announced in a press release that it is purchasing a 126-megawatt (MW) solar park project in Văcărești.   […]

Macquarie Asset Management set to sell 37.5% stake in Race Bank Wind Farm for £330 million 

In a press release, Macquarie Asset Management announced that it has finalized an agreement to sell a 37.5% stake in the Race Bank Offshore Wind […]

Global offshore wind capacity increases with 10.8 GW new installations 

The Global Wind Energy Council (GWEC) published a report highlighting a significant milestone in the offshore wind sector, with the installation of 10.8 gigawatts (GW) […]

Iberdrola secures final environmental approval for Portugal’s largest wind farm 

Iberdrola, a Spanish energy company, announced in a press release that it has obtained the latest approval to build Portugal’s largest wind farm. Further approvals […]

IFC commits $105 million to Brookfield’s 500 MWp solar project in India 

The International Finance Corporation has announced its commitment to partially finance a 550 MWp solar power project in Rajasthan, India, managed by Brookfield Asset Management.   […]

Australia announces fourth offshore wind zone off NSW coast

Australia’s Minister for Climate Change and Energy, Chris Bowen, declared a section in the Pacific Ocean off the Illawarra coast in New South Wales for […]

Energy investments key to propel Africa’s prosperity, IEA reports

In a recent report, the International Energy Agency highlighted the vitality of energy investments in the prosperity of the nation.   The report highlights disparities, revealing […]

Union Investment to exclude fossil investments from sustainability funds 

Union Investment, an investment management company, declared that it would not include fossil investments in sustainability funds and slowly restrict them to conventional funds.   The […]

Carbonfuture and Swiss Re sign 7-year biochar carbon removal agreement 

Carbonfuture, a carbon removal solutions provider, announced in a press release that it had inked a 7-year biochar carbon removal (BCR) agreement with Swiss Re.   […]

Orsted announces completion of 518 MW energy centre in Texas 

Orsted, an energy company, announced the completion of its energy centre in Bee County, Texas, in a press release.  The Helena Energy Centre has a […]

EBRD provides €45 Million for the Tunisia-Italy electricity interconnector project

In a press release, the European Bank for Reconstruction and Development (EBRD) announced that it will provide €45 million as part of a financing package […]

Highview Power secures £300 million investment for UK’s first commercial-scale liquid air energy storage facility 

Highview Power, an energy storage company, announced that it has secured the support of the UK Infrastructure Bank (UKIB) and Centrica with a £300 million […]

Brookfield Asset Management & ALTÉRRA launch fund to drive clean energy investments in emerging markets 

Mark Carney, Chair and Head of Transition Investing at Brookfield Asset Management said, “The Catalytic Transition Fund is a private market solution to the global […]

SENSEWind announces plans for innovative 6 MW wind turbine installation

SENSEWind announced in a press release that it plans to construct a 6 MW wind turbine using its innovative SENSE installation system. This project will […]

Microsoft inks long-term PPAs with European Energy to accelerate green transition

European Energy announced that it has signed a chain of power purchase agreements (PPAs) with Microsoft.   European Energy issued a press release announcing the PPAs, […]

EIB to provide advisory support to Bulagaria’s national electricity company

According to a press release by NEK, the European Investment Bank (EIB) is set to provide advisory assistance to Bulgaria’s national electricity company, Natsionalna Elektricheska […]

Emirates Global Aluminium announces Green Finance Framework

The Emirates Global Aluminium (EGA) published its Green Finance Framework to assist decarbonization projects and activities that could help accelerate the transition to a low-carbon […]

Seabased and BIDC sign MoU to catalyze Barabados’ green hydrogen ambitions 

Seabased Group and The Barbados Investment and Development Corporation (BIDC) have signed a memorandum of understanding (MoU) to build a “wave park as part of […]

Orsted announces plans to install Tesla battery storage system in the UK 

According to a press release, Orsted, a Danish renewable energy company, will install a Tesla Megapack battery energy storage system (BESS) in England.   The company […]

Texas initiates carbon capture and storage lease initiative for over 1 million acres of state-owned land 

Texas is planning to put over 1 million acres of state-owned land up for lease to target parties interested in carbon capture and storage (CCS) […]

Microsoft and Repsol ink six long-term renewable energy VPPAs 

According to a press release, Repsol, a Spanish energy company, has signed six 12-year virtual power purchase agreements (VPPAS) with Microsoft.   The agreement comprised of […]

OMV Petrom to invest $805 million to build sustainable fuel and green hydrogen plant 

Key Points: Sustainable Aviation Fuels (SAF) and Renewable Diesel (HVO) Plant OMV Petrom, a leading oil refinery company, has announced plans to invest $805 million […]

Report highlights US Government’s efforts to boost carbon capture storage technology 

A recent report published by the National Energy Technology Laboratory (NETL) highlights the scale of the development of carbon capture storage (CCS) technology in the […]

Integrity Council announces first high-integrity CCP-labelled carbon credits

According to a press release, The Integrity Council for the Voluntary Carbon Market (ICVCM) announced the “first carbon-crediting methodologies that meet its high-integrity Core Carbon […]

Asset manager announces launch of Sustainable Equity Water Fund 

Candriam, a global asset manager, announced the Candriam Sustainable Equity Water Fund. According to a statement, the fund will invest in “economic activities contributing to […]

Tronox inks PPA for renewable energy in South Africa

Tronox Holdings PLC, a titanium dioxide producer, announced it has inked a power purchase agreement (PPA) with South African energy company NOA Group Ltd.   According […]

Report warns UK offshore wind targets at risk, urges rapid manufacturing expansion

A recent report by the Institute of Public Policy Research (IPPR) reveals a disparity between the United Kingdom’s (UK) offshore wind farm ambitions and its […]

European Investment Fund partners with Finnish Banks to offer €1 Billion in climate-focused loans 

The European Investment Fund (EIF) has finalised agreements with eight leading banks and financial institutions located in Finland to extend assistance to “small and medium-sized […]

Iraq unveils gas processing project with an aim to reach energy self-sufficiency

The Prime Minister of Iraq, Shia Al Sudani, inaugurated the gas processing project at the Halfaya oilfield. According to a statement by Iraq’s Oil Ministry, […]

Swiss government approves law to boost renewable energy generation 

The Swiss government approved a new climate bill that aims to enhance the development of renewable energies. The push towards renewable energies is part of […]

BNP Paribas AM and other asset managers appeal for enhanced ocean-related data 

BNP Paribas Asset Management, along with prominent investors such as Federated Hermes Ltd., Mirova, Robeco, and Storebrand Asset Management, has issued a statement urging ESG […]

Riding the wave to ‘Awaken New Depths’: Renewable Energy and The Blue Economy 

Our oceans, covering over 70% of the Earth’s surface, are fundamental to global ecological stability. However, due to humans’ anthropocentric perspective, oceans face many threats. […]

Allspring Global Investments introduces climate-focused global equity fund 

Allspring Global Investments, a global asset management firm, has introduced its first equity fund in its climate transition suite of products by rebranding the Allspring […]

India presents $500 billion clean energy investment prospects at IPEF forum 

At the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum in Singapore, Sunil Barthwal, India’s Commerce Secretary, highlighted India’s vast investment opportunities within […]

Brookfield Asset Management and Microsoft ink largest-ever clean energy agreement  

Brookfield Asset Management’s energy arm and Microsoft have inked a clean-energy purchase agreement to develop wind and solar farms.   The deal, set to commence in […]

China to add 2.5 GW electrolyser capacity by year-end to reach green hydrogen production target before deadline 

China is reportedly planning to install 2.5 gigawatts (GW) of electrolyser capacity by the end of this year. This capacity is believed to be enough […]

US solar industry records 11 GW surge in manufacturing capacity 

In a press release, the Solar Energy Industries Association (SEIA) announced that a record-breaking 11 gigawatts (GW) of new solar module manufacturing capacity came online […]

SSE eyes 800 MW offshore wind farm to boost Ireland’s renewable energy goals 

SSE, a multinational energy company, submitted the planning consent application for the proposed Arklow Bank Wind Park 2 project. The proposed project is reported to […]

Africa Energy Bank set up with a capital of $5 billion to tackle energy funding crisis 

In a press release, the African Petroleum Producers Organization, along with the African Export-Import Bank (Afreximbank), announced the signing of the Establishment Agreement and the […]

China debuts world’s largest solar farm 

A Chinese state-owned company said on Monday it had connected the world’s biggest solar plant in northwestern Xinjiang to the grid.  According to a Reuters […]

Warren Buffet-backed Occidental Petroleum and BHE Renewables to extract lithium 

Occidental Petroleum and BHE Renewables, a subsidiary of Warren Buffet’s Berkshire Hathaway, announced that they were working on a joint venture to extract lithium, according […]

Octopus Australia acquires land for $3.5 billion wind farm project 

Octopus Australia, an investment company, announced its acquisition of 28,000 hectares of land near Deniliquin, New South Wales (NSW), to develop the 1-gigawatt (GW) Merino […]

European Commission approves Italian State aid scheme to support renewable energy production 

In a press release, the European Commission declared that it had granted support for an Italian scheme, under state aid rules, to add 4590 MW […]

Elawan Energy and R.Power SA to build 2-GWp solar capacity in Italy 

Elawan Energy, a Spain-based renewables developer, has collaborated with R.Power SA on a joint venture. According to a report by Renewables Now, the venture’s goal […]

Cairn Oil and Gas to achieve Net-Zero by 2030 

In a press release, Cairn Oil and Gas announced that it is accelerating its efforts to become net-zero by 2030. It is planning to do […]

Scotland eases restrictions on rooftop solar panels 

The Scottish Government has decided to remove the requirement for planning permission to install solar panels on rooftops. Earlier, planning permission was required to install […]

ACWA Power and Tunisia sign MoU for green hydrogen project 

According to a press release by ACWA Power, the company and the Tunisian Government have signed a Memorandum of Understanding (MoU) for a potential project […]

EU’s new proposed sanctions on Russia unlikely to impact Asia, says Energy Commissioner 

According to a Reuters report, the new sanctions proposed concerning the transshipments of Russia’s liquefied natural gas (LNG) are not believed to hurt Asian buyers, […]

EU to officially withdraw from Energy Charter Treaty 

The European Union (EU) is reportedly withdrawing from the Energy Charter Treaty (ECT). Energy ministers met in Brussels to vote on this decision, and they […]

Survey reveals emerging cost-effective long-duration energy storage technologies 

A survey of seven long-duration energy storage (LDES) technology groups by BloombergNEF, highlights the cost-effectiveness of certain energy storage technologies for longer durations.   The survey […]

UK’s ex-chief scientific adviser stresses the urgency to achieve Net-Zero  

The Chief Scientific Adviser, Sir Patrick Vallance, who gained prominence during the pandemic, agreed with Sir Keir Starmer’s pledge to decarbonize Britain’s electricity supplies by […]

Britain’s Electricity System Operator takes action on inaccurate data submissions 

The National Grid Electricity System Operator (ESO) for Great Britain revealed methods to tackle inaccurate data provided by wind generators. The measures taken by the […]

EU wind and solar power up by 46%, report finds 

A report by Ember, a think tank, revealed that wind and solar power generation in the European Union increased by 46% from 2019 to 2023. […]

Clearvise AG acquires solar park with a 42MWp installed capacity 

In a press release, Clearvise AG, a German renewable power producer, announced its acquisition of the Wolfsgarten solar park from ALTUS Renewables GmbH (ALTUS). The […]

Sunny side down for Germany’s solar power sector 

Germany’s once-promising solar power sector is facing significant headwinds. According to recent market research conducted by SEB Research, Germany’s solar power production superseded demand, creating […]

Rewind unveils new protocol For marine carbon dioxide removal 

Rewind, a carbon removal and storage company, announced its new Marine Terrestrial Biomass Storage (MTBS) Framework Protocol in a blog post. The protocol intends to […]

UK Nuclear Association unveils manifesto ahead of general elections 

Britain’s Nuclear Industry Association (NIA) has announced its planned industry manifesto for 2024 ahead of the general elections. According to Energy Live News, the manifesto […]

Germany introduces draft law to advance onshore carbon storage  

The government of Germany has introduced a new draft law reform to boost onshore CO2 storage along with carbon storage projects under the sea. The […]

USA announces initiative to modernize power grid with state collaboration 

The Biden-Harris administration launched the Federal-State Modern Grid Deployment Initiative to modernise the power grid by gathering the states, federal entities and stakeholders in the […]

Andrew Forrest plans massive 2 GW renewable energy park 

Squadron Energy, owned by billionaire Andrew Forrest, is seeking to construct a huge renewable energy park with 2-gigawatt (GW) wind and solar farms attached to […]

Beatrice Offshore Windfarm Ltd. to pay $42.3 million for breaching energy market rules

According to the United Kingdom’s energy regulator Ofgem, Beatrice Offshore Windfarm Limited (BOWL) has agreed to pay $42.3 million as a fine for breaching the […]

Jakson Green procures $7.2 million funding from HSBC India

Jakson Green Pvt Ltd., a newly established energy transition firm, recently secured $7.2 million as funding from HSBC India, according to a report by The […]

China introduces new policies as renewable energy expansion faces challenges  

According to a Bloomberg report, China fears its record pace of renewable installations might encounter hurdles. To counter those fears, the government has taken measures […]

Gautam Adani meets Japanese envoy Hiroshi Suzuki to discuss a potential energy project 

Gautam Adani, Chairman of the Adani Group, recently met with Ambassador Hiroshi Suzuki of Japan to discuss a potential renewable energy project, according to a […]

GE Vernova signs contract with Kalyon PV to support decarbonisation in Turkey 

According to a press release by GE Vernova, an energy equipment manufacturing company, the company has signed an agreement with Kalyon PV to supply its […]

Gentari is among the top competitors for Brookfield’s renewable energy portfolio 

Gentari, the renewable energy division of Malaysian state-owned oil and gas company Petronas, is reportedly the frontrunner in acquiring a part of Brookfield Asset Management’s […]

Germany urges the EU to act on phasing out Russian energy imports 

Germany is urging the European Union to act more efficiently to curb the last 20% of Russian energy imports that are still arriving at the […]

New Jersey to receive $125 million from Orsted for cancelled offshore wind projects

According to a report by Reuters, the state of New Jersey will receive $125 million in a legal settlement with Orsted, a Denmark-based energy company. […]

Cable installation begins for Ireland-France Celtic Interconnector project 

The Celtic Interconnector project, a subsea power cable linking the electricity grids of Ireland and France, has taken further steps in transforming the energy infrastructure […]

UK’s climate goals challenged by heat pumps installation delay 

A report published by the Public Accounts Committee (PAC) highlights the significant challenges the United Kingdom (UK) government might face regarding heat pumps and decarbonising […]

RWE to build Australia’s first eight-hour battery storage system 

RWE, a renewable energy firm, announced in its press release that it is planning to invest in building Australia’s first eight-hour Battery Energy Storage System […]

New research highlights gaps in national climate strategies 

According to a report titled “Residual emissions in long-term national climate strategies show limited climate ambition,” several countries worldwide do not include enough strategies to […]

Russia set to build Central Asia’s first nuclear power plant in Uzbekistan 

Russia is reportedly planning to build a small nuclear plant in Uzbekistan. According to a Reuters report, this project is one of the first of […]

Russia and Mali commence work on solar power plant project 

Russia and Mali commenced the construction of the largest solar power plant in West Africa on Friday. The construction comes at a time when Mali […]

Iberdrola seeks startups to provide offshore wind farm inspection solutions 

Iberdrola, an electric utility company, is looking for startups that can provide its offshore wind farms with advanced inspection and digitisation services using autonomous or […]

Marathon Digital signs renewable energy deal with Kenya 

According to a press release by Marathon Digital Holdings, a US-based cryptocurrency mining firm, and Kenya’s Ministry of Energy and Petroleum signed a memorandum of […]

Tata Power to raise $1 billion to fund clean energy projects 

Tata Power is seeking to raise $1 billion to fuel its clean energy projects. This potential loan could mark a milestone, potentially becoming one of […]

Tencent announces winners of its CarbonX program

Tencent, the Chinese tech company, is reportedly investing $13.9 million in startups and technologies with promising solutions related to the carbon capture and carbon removal […]

Microsoft signs agreement with RWE for supply of clean energy 

According to a media release, RWE, a renewable energy company, has signed two 15-year power purchase agreements (PPAS) with Microsoft Corporation. Under the agreements, Microsoft […]

Plug, Airbus, Delta and Atlanta International Airport collaborate for hydrogen study 

Plug Power, a hydrogen solutions company has announced its collaboration with Airbus, Hartsfield-Jackson Atlanta International Airport (ATL), and Delta Air Lines to conduct a study […]

Iberdola extends alliance with Bayer to supply green energy in Italy 

Pharmaceutical giant Bayer AG and Iberdrola SA, a Spanish-based utility firm, have entered an 11-year power purchase agreement. According to a news release by Iberdrola, […]

California budget pledges $22 million for climate disclosure laws 

California Governor Gavin Newsom amended the proposed 2024-2025 state budget to add $22 million to fund the state’s corporate climate disclosure laws and other climate […]

Holcim to endow $500 million in plant for Net-Zero cement 

According to a media release, Holcim ,a sustainable construction company, announced the commencement of the construction of its Net-Zero cement plant in Belgium. The GO4ZERO […]

Carbon Streaming announces reforestation project with Microsoft and Rubicon Carbon 

According to a media release, Carbon Streaming Corporation announced the Azuero reforestation project in collaboration with Microsoft and Rubicon Carbon Capital LLC.   The organization also […]

OpenAir Collective starts campaign for approval of new carbon removal bill 

A new law in New York might soon come into force to encourage the deployment of carbon removal technology in buildings. The New York City […]

NCX reveals reason behind termination of popular carbon program 

The Natural Capital Exchange (NCX), a forest carbon project developer, in 2018 had commenced a carbon credits program but was discontinued after a term of […]

Otherlab announces free tech for ocean carbon removal  

Otherlab, a climate technology innovation hub, announced the free and non-commercial use of the Trofix Upweller. This technology is designed for ocean restoration and coral […]

Digital program on climate change to be delivered in every Scottish school  

ITZA, an e-learning specialist, intends to launch its One Planet digital resource, an interdisciplinary online program on climate change and how to protect the planet, […]

New direct air capture facility begins trial in Oregon

280 Earth, Inc. announced the completion of its developmental process and the beginning of operations of its first direct air capture (DAC) facility. The DAC […]

Pilot carbon capture unit begins operations at ArcelorMittal’s Ghent site 

A carbon capture unit operating on a blast furnace has started its trial run at ArcelorMittal’s facility in the Belgian city of Ghent.   According to […]

Brookfield plans to invest $500 million in India-based Leap Green Energy  

According to a Bloomberg report, Brookfield Asset Management is planning to make a substantial investment of $500 million in India-based Leap Green Energy.   This significant […]

UK to forego surplus carbon carry forward to meet net zero goals 

As per the United Kingdom’s Climate Change Act, if total emissions are less than the limit set, the government can carry forward the surplus to […]

Clean energy firm RWE 600MW of solar and battery storage projects in the US

The clean energy firm RWE acquired 500 Megawatts (MW) of solar and energy storage development projects from Galehead Development LLC. With the acquisition of three […]

Norway’s first extensive carbon capture storage project is underway

A carbon capture storage (CCS) project powered by TotalEnergies, Shell and Equinor is underway in Norway. The project, Northern Lights, is said to be Norway’s […]

Chevron to end North Sea presence with Clair field sale 

Chevron is reportedly selling its stake in the Clair field and other North Sea assets. The energy corporation plans to sell a 19.4% stake in […]

Peatland project begins in Cambridgeshire to capture 4,000 tonnes of carbon

The Peatland Progress initiative has begun its project to seal 4,000 tonnes of carbon by creating a wetland. Launched on 23 June last year as […]

Australia positioned to become $600 million carbon capture hub, says Wood Mackenzie

A press release by Australian Energy Producers reported that according to Wood Mackenzie’s article published in the 2024 Australian Energy Producers Journal, Australia could transform […]

ClearBlue and Kita collaborate to enhance voluntary carbon market integrity and risk management

According to a press release, ClearBlue and Kita are collaborating to “increase precision and integrity of carbon insurance models”. They plan to do so by […]

China aims to extend its lead in green tech with carbon capture storage advancements

China is reportedly upping its competitive edge in advanced technologies to tackle global warming by making advancements in carbon capture storage (CCS) technologies.  Advanced technologies […]

Heriot-Watt University uses AI to accelerate carbon capture modelling process

As researchers globally look for advancements to address climate change, Heriot-Watt University achieved a breakthrough in carbon capture and storage (CCS) technology. CCS is a […]

Petrovietnam announces comprehensive plans to cut greenhouse gas emissions

Petrovietnam and its members have unveiled plans to strengthen their solutions regarding carbon emission reduction. According to Vietnam News, Petrovietnam is updating its strategy to […]

China dominates clean energy manufacturing race, new report says

According to Advancing Clean Manufacturing Technology, a new report by the International Energy Association, China is solidifying its position as the global leader in clean […]

Japan passes law to boost carbon capture technology

The House of Councilors in Japan passed a permit system for business operators to facilitate the integration of carbon capture storage (CCS) technology into the […]

CapturePoint and Energy Transfer collaborate on a joint CCS project

CapturePoint and Energy Transfer joined hands to develop a joint carbon capture and permanent deep storage project in Louisiana. CapturePoint LLC and its affiliate CapturePoint […]

JERA unveils decarbonisation plans with investments worth $32 billion

JERA, Japan’s leading power utility firm, unveiled its plans to invest 5 trillion yen in renewable energy and new fuels like hydrogen and ammonia. The […]

Microsoft launches counteractive measures to reduce increasing carbon emissions

In light of its increasing greenhouse gas (GHG) emissions since 2020, Microsoft is reported to have adopted over 80 counteractive measures to remit the 29% […]

FERC passes historic transmission rule 

The Federal Energy Regulatory Commission issued a revolutionising reform, which is being regarded as a milestone of a decision. FERC issued a new rule, Order […]

US advances decarbonisation efforts with carbon capture projects and DOE funding

The Biden government is strategically focusing on carbon capture and storage (CCS) networks as a potential solution to accelerate the country’s decarbonisation process. This approach […]

Carbon credit demand will exceed supply by 2030

Abatable, a carbon intelligence and procurement platform, said in a new report that the demand for carbon credit provided through the Carbon Offsetting and Reduction […]

Rishi Sunak’s reversals on net zero goals to impact UK infrastructure

According to the National Infrastructure Commission (NIC), Rishi Sunak’s reversals on net zero have hindered progress on vital infrastructure required for economic growth.  Sir John […]

New research examines carbon emissions from wooden houses in Japan

A group of researchers at Kyusu University has performed an extensive analysis of the carbon footprint involved in constructing a wooden house in Japan. The […]

Net zero plans have limited ambition on ‘residual emissions’, research says

Research by the University of East Anglia highlights the most troubling sectors to decarbonise when countries reach net zero. Agrarian industries are expected to be […]

20 finalists announced in XPrize’s $100 million carbon removal competition

Researchers and scientists seek solutions as climate crisis persistently looms over the planet’s future like a black cloud. Now, entrepreneurs have also actively joined the […]

EU greenhouse gas emissions down by 4% in Q4

In the fourth quarter of 2023, the European Union’s estimated greenhouse gas (GHG) emissions stood at 297 million tonnes of CO2 equivalents (CO2-eq), reflecting a […]

Request Filed to Assess Pathways Alliance Carbon Capture Storage Project

A request was submitted to the Alberta Energy Regulator this week by a group of enviornmentalists and indigenous people regarding Pathways Alliance’s carbon capture network. […]

US to get New Aluminium Smelter that can cut down emissions by 75%

Aluminum plays a critical role as a raw material in the effort to combat climate change. Nevertheless, the industry must undergo substantial changes to transition […]

50 MPs plead Rishi Sunak to backtrack on oil and gas extraction plans

A group of 50 politicians, including three from the Conservative party, have urged Britain’s Prime Minister Rishi Sunak to back down on his plans to […]

Worley wins contract to develop Bayou Bend Carbon Capture Storage Project

Worley, an Australia-based sustainability solutions company, has won a contract to develop and assess CO2 gathering, transportation and storage systems for the Bayou Bend carbon […]

Net Zero Teesside UK Project to Emit 20M Tonnes of Carbon

According to research submitted by Andrew Boswell to the UK Government, The Net Zero Teesside scheme (NZT), will emit over 20 million tonnes of carbon […]

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