Sunayana Thawait
273 Articles
Sunayana is a journalist at Sustainability Economics News. Her passion for storytelling and communication helps her deliver unbiased and compelling articles. She has a postgraduate degree in broadcast journalism. She also enjoys working on long-form video stories and short films. Previously, she has worked as a journalist and social media analyst for Russia Today (India).
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Ørsted, one of the world’s largest energy companies, announced its plans to shut down its last coal-fired heat and power plant, Es...
113 days ago
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Leading Australian banks are intensifying their efforts to reduce their carbon footprint and align with global climate objectives by scal...
129 days ago
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Tongwei Co., one of China’s leading solar manufacturers, plans to acquire at least 51% of a smaller competitor as consolidation in ...
129 days ago
2 min read
According to a report by the Dutch Central Bank, Europe’s biggest carbon polluters are paying increasingly higher interest rates on...
131 days ago
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The increasing frequency of natural disasters presents an opportunity for Australia’s largest pension funds to enhance their return...
131 days ago
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Tokyo Gas, Japan’s largest gas provider, announced its acquisition of a 21.2% stake in Portugal’s WindFloat Atlantic operatio...
137 days ago
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SunPower, the US-based solar company, announced it has entered into an asset purchase agreement with Complete Solaria, a solar technology...
137 days ago
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Asia-Pacific business executives called on emerging countries in the region to issue climate bonds indexed to a basket of currencies. Thi...
138 days ago
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Australian pension fund Mercer Superannuation Australia Ltd. has been fined A$11.3 million ($7.3 million) for greenwashing, concluding th...
141 days ago
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The new chief executive of American Electric Power Co. has indicated that meeting the substantial energy needs of data centers will requi...
141 days ago
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Gunvor Group, an independent commodities trading house, announced its plans to join VARO Energy in building a large-scale sustainable avi...
141 days ago
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Lenders to power producers are witnessing increasing momentum in developing a new type of carbon credit designed to facilitate the phase-...
142 days ago
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Societe Generale, Europe’s financial services group announced its plans to acquire a majority, 75%, stake in Reed Management SAS, an as...
142 days ago
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JetBlue airline and World Fuel Services announced a new commercial agreement to bring the first regular supply of Blended Sustainable Avi...
142 days ago
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Helios Investment Partners LLP and Gaia Fund Managers are raising hundreds of millions of dollars for Africa-focused climate funds to cap...
143 days ago
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Google, PacificLight Energy (PLE), and Rexus Bioenergy (RExus) have embarked on a 10-year partnership where PacificLight will purchase re...
143 days ago
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NatWest Group announced that it has issued its inaugural Electric Vehicle Green Bond, raising net proceeds of €750 million from institu...
143 days ago
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The Science Based Targets Initiative (SBTi) published four technical outputs as an early step in revising the SBTi Corporate Net-Zero Sta...
143 days ago
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Britain has increased its annual renewable power auction budget by 50% to 1.5 billion pounds (approximately $1.92 billion). The gov...
143 days ago
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Unreported methane emissions from coal mines could heighten risks within the coal sector and impede the decarbonization efforts of Indone...
144 days ago
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Investment firm ArcLight Infrastructure Partners announced the launch of SkyVest Renewables, an operating-focused renewable investment in...
144 days ago
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New research reported at the Alzheimer’s Association International Conference in Philadelphia revealed that wildfire smoke may be worse...
144 days ago
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An increasing number of China solar manufacturers are facing restructuring or bankruptcy due to a worsening oversupply and intense price ...
144 days ago
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Multi-energy company Repsol and Iberia Airlines Group have signed an agreement with Inditex, a global fashion retail group, for the purch...
145 days ago
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To support Azerbaijan’s government agencies in aligning with global climate goals, the COP29 Azerbaijan Operating Company has launched ...
145 days ago
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Wood Consulting has announced its role in securing over €1 billion in funding for its clients in Europe, facilitating final investment ...
145 days ago
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TenneT, an energy operator in the Netherlands and Germany, announced it increased its investment activity in the first six months of 2024...
145 days ago
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New Zealand Super Fund announced its new investment focus within its overall approach to sustainability. The fund investment team is now ...
145 days ago
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First Street, a provider of physical climate risk data, announced that it has finalized an oversubscribed Series A-1 funding round, raisi...
147 days ago
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VH Global Sustainable Energy Opportunities PLC, a London-listed investment company, announced the acquisition of a portfolio of seven sol...
148 days ago
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Honda Motor plans to start cutting production of gasoline cars in China by 19% from October 2024 as it transitions towards electrificatio...
148 days ago
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United Nations Secretary-General António Guterres issued a new “global call to action” to protect people from extreme heat j...
148 days ago
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China, South Africa, Brazil, and India have renewed their call for wealthier countries to increase climate financing to trillions of doll...
149 days ago
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The Prime Minister of the UK and the Energy Secretary announced a new partnership between Great British Energy and The Crown Estate. The ...
149 days ago
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Singapore’s Energy Market Authority (EMA) and the Maritime and Port Authority (MPA) have announced that they have shortlisted two c...
149 days ago
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At the Farnborough Airshow, airline executives cautioned that the UK’s initiative to promote green jet fuel must be adopted and exp...
149 days ago
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Egypt’s Ministry of Electricity and Renewable Energy has unveiled plans to boost the country’s electrical capacity by 750 meg...
150 days ago
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Beijing Energy International Holding, the investment arm of the Chinese capital city, is open to teaming up with new investors to purchas...
150 days ago
2 min read
GLIL Infrastructure, a UK-based infrastructure investment fund, and Bluefield Solar Income Fund Limited, an income fund listed on the Lon...
150 days ago
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South Africa’s Eskom Holdings SOC Ltd. plans to compete with private power developers by gradually transitioning from coal to clean...
150 days ago
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South African President Cyril Ramaphosa has enacted a comprehensive climate change law that imposes emission caps on major polluters and ...
150 days ago
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Brazilian meatpacker JBS is supplying animal waste from its international operations to produce sustainable aviation fuel (SAF). It is al...
151 days ago
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The Institute for Energy Economics and Financial Analysis (IEEFA) reports that achieving Indonesia’s 2030 climate target will requi...
151 days ago
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PetroChina became the newest signatory of the Oil & Gas Decarbonization Charter (OGDC) by joining over 50 other oil and gas producers...
151 days ago
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Equity firm NGP announced the closing of its sustainable real assets (SRA) with around $500 million of capital commitments from NGP’s d...
151 days ago
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Indonesia, the world’s second-largest coconut producer, is looking to use the fruit in the production of sustainable aviation fuel....
152 days ago
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Wealthy Australians seeking appealing investment returns are becoming a significant source of capital for coal projects that banks have a...
152 days ago
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COP29 host Azerbaijan has suggested that continued fossil fuel extraction is compatible with the Paris Agreement. The Azerbaijan pr...
152 days ago
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According to the country’s power minister, Pakistan plans to ask Chinese power plants operating in the country to switch to using c...
152 days ago
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Azerbaijan, the host of this year’s COP29, has announced a package of 14 initiatives as part of the summit’s action agenda. These ini...
152 days ago
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According to a new IEA report, global electricity demand has grown at its fastest pace in years, fueled by strong economic growth, intens...
155 days ago
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The European Commission announced that it has selected 134 transport projects to invest over €7 billion in EU grants from the Connectin...
155 days ago
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More than three-quarters of executives have seen significant or moderate progress towards their sustainability goals in the past year, ac...
155 days ago
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Germany discontinued more onshore wind farms than it added for the first time after the subsidy program ended. Yet, the country still exp...
155 days ago
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Italy’s Terna, the company that manages the Italian national electricity transmission grid, said that renewable sources overtook fossil...
155 days ago
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European asset manager Eurazeo announced that its first infrastructure program has closed with €706 million in aggregate commitments fr...
157 days ago
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European Union’s 2030 goals for renewable hydrogen production and demand were “overly ambitious”, according to the bloc...
157 days ago
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The CEO of Britain’s Octopus Energy said in an interview with Reuters that the company expects to announce new onshore wind project...
157 days ago
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A discussion document on the country’s second emissions reduction plan (2026-30) said New Zealand could miss its 2035 emissions red...
157 days ago
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Britain’s HSBC has established a new unit to capitalize on infrastructure and project finance opportunities related to the global t...
158 days ago
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On the first day of China’s 20th Third Plenum, the country’s top economic planner, the National Development and Reform Commis...
158 days ago
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The Asian Infrastructure Investment Bank (AIIB) has signed a $75 million financing contract to support green and blue bonds to be issued ...
158 days ago
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Supermarket chain Carrefour Market announced that it is partnering with GreenYellow to install and operate photovoltaic power production ...
158 days ago
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South Africa’s National Treasury expects as much as $2.4 billion to flow into the country in 2024 from a climate finance pact with ...
158 days ago
2 min read
The European Union (EU) has confirmed its collaboration with ChromaWay to develop blockchain-based sustainability solutions, ChromaWay sa...
159 days ago
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German luxury carmaker Mercedes-Benz is considering increasing the assembly of electric vehicles at its Indian plant to achieve cost savi...
159 days ago
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44.01, a startup backed by Sam Altman’s Apollo Projects, announced the completion of a $37 million Series A funding round. The star...
159 days ago
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South Africa’s Presidential Climate Commission (PCC) has recommended that the country establish a body to guide investment in the e...
159 days ago
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The European Union plans to urge other nations at this year’s COP29 climate summit to honor their commitments to transition away fr...
159 days ago
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India’s REC Limited, a financial firm for the power sector, announced that it has secured a 5-year green loan amounting to ¥31.96 ...
162 days ago
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Frontier, an advance market commitment that aims to accelerate the development of carbon removal technology, said it has facilitated anot...
162 days ago
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Verra, a climate action standards and sustainable development company, said it has published a Request for Proposals (REP) for validation...
162 days ago
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Jaguar Land Rover announced that it has joined forces with global tire manufacturer Pirelli in the global automotive industry‐first com...
162 days ago
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A Maryland judge dismissed a lawsuit filed by the city of Baltimore against energy giants such as Exxon Mobil, BP, and Chevron. The judge...
162 days ago
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Research by Global Energy Monitor showed nearly two-thirds of the world’s big wind and solar energy production plants are in ...
163 days ago
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Amazon announced that all the electricity consumed by its operations, including data centres, corporate buildings, grocery stores, and fu...
163 days ago
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Canadian oil producer Strathcona Resources announced a strategic partnership with Canada Growth Fund (GCF) to build carbon capture and se...
163 days ago
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Woodside, a global energy company founded in Australia, has signed a sale and purchase agreement (SPA) with CPC Corporation, Taiwan, for ...
163 days ago
2 min read
According to a new analysis published on Carbon Brief, clean energy generated a record-high 44% of China’s electricity in May 2024,...
163 days ago
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Urgewald, a non-profit environmental and human rights organization, in collaboration with 13 partner organizations, released the financia...
164 days ago
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In its new environmental and social risk management (ESRM) framework, Citibank pledged to no longer provide project-related financing f...
164 days ago
2 min read
Black Bear Energy, a renewable energy company, and Evergrow, a clean energy financing firm, announced their first successful solar tax cr...
164 days ago
2 min read
The New Zealand government announced a new strategy to tackle climate change. As part of the new climate strategy, it plans t...
164 days ago
2 min read
Divest East Sussex, a campaign group that opposes fossil fuels, has staged a march aiming to “cut the ties between East Sussex Coun...
165 days ago
2 min read
A team of European carbon removal specialists have launched an initiative to assist Indian businesses in developing projects that extract...
165 days ago
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UK’s Coal Authority has released a nature recovery plan, seeking to include nature-related credits into its financial models by 2026.&n...
165 days ago
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Australian asset manager HMC Capital announced a $50 million deal to acquire a majority stake in Sydney-based battery project developer S...
165 days ago
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Danish solar PV company Obton announced its first joint venture with investment company GSSG Solar. Together, the two firms acquired a po...
165 days ago
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The Japan Climate Initiative (JCI), a group of companies and NGOs, said the country can triple its renewable capacity and aim to phase ou...
166 days ago
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Unusually hot summer weather in Tokyo is putting pressure on the city’s power supply, leading the local utility to ask people to us...
166 days ago
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A report from the Shanghai Stock Exchange revealed that over half of the listed companies have been increasingly prioritizing sustainable...
166 days ago
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Budweiser’s China unit has reduced its carbon emissions by more than 25%, achieving the target two years ahead of schedule. The beer co...
166 days ago
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Germany said it plans to launch the first tender for the construction and modernization of 12.5 GW of gas power plants that can switch to...
166 days ago
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In its second-quarter update, Shell announced that it would incur an impairment charge of up to $2 billion following the sale of its Sing...
169 days ago
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The European Commission announced that it has approved a €10.82 billion French scheme to support offshore wind energy deployment. It ...
169 days ago
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The European Bank for reconstruction and Development (EBRD) announced that it is providing $14,635,368 loan to Morocco’s mining sector ...
169 days ago
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Campaigners from the Climate Group’s flagship fleet initiatives, EV100 and EV100+, have urged for an EU-wide mandate to set zero-emissi...
169 days ago
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Abu Dhabi National Oil Company announced that it has signed a general agreement with the Japan Bank for International Cooperation for a $...
169 days ago
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International Airlines Group (IAG), owner of British Airways, said that airlines in Europe will be forced to raise fares to fund the cost...
169 days ago
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According to WindEurope, securing access to the electricity grid is the number one bottleneck to deploying renewables at scale in Europe....
169 days ago
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Carbon offset startup Tree.ly announced that it has secured €5 million Seed investment. PortfoLion Capital Partners led the funding, ...
170 days ago
2 min read
Google’s annual environment report shows that its greenhouse gas emissions have soared 48% since 2019. The tech giant said “i...
170 days ago
2 min read
AlphaReal, an assets investment manager, recently surveyed UK pension funds and insurers that collectively manage over £350 billion in a...
170 days ago
2 min read
The federal government of Canada has allocated $39 million to support ten projects in Alberta that aim to help communities transition awa...
170 days ago
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According to the IEA’s latest review of US energy policies, the country has made significant strides in recent years in its efforts...
170 days ago
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Spanish renewable power developer Zelestra announced that it has added €225 million to its €310 million sustainability-linked loan si...
170 days ago
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A New York judge has dismissed a lawsuit filed by a conservative group against city pension funds for their decision to divest billions o...
170 days ago
2 min read
Akuo Group announced the opening of a crowdfunding campaign for a portfolio of solar power plants in the Thessaly region of Greece. The g...
170 days ago
2 min read
Japan’s largest steelmaker, Nippon Steel and trading house, Sumitomo Corp, announced that they have renewed a long-term contract ...
171 days ago
2 min read
In a new critique of the voluntary carbon market, over 80 non-governmental organizations have urged corporations to exclude carbon offset...
171 days ago
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Genex Power announced that it has secured a five-year $107 million senior debt facility for its 50MW Kidston and Jemalong solar projects ...
171 days ago
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The chief executive of Ineos Energy has stated that the company will focus on expanding in the US and Denmark instead of Britain. This de...
171 days ago
2 min read
Redflow Limited, a clean energy storage company, announced it had signed a Memorandum of Understanding (MoU) with one of Queensland’...
171 days ago
2 min read
The Civil Aviation Authority of China (CAAC) launched the country’s first technical centre for sustainable aviation fuel (SAF). The...
171 days ago
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The European Commission has sanctioned a €3 billion Swedish initiative under EU State aid regulations to support carbon capture and sto...
171 days ago
2 min read
Texas-based fund Inferno Capital Group announced that it has acquired a significant stake in energy company Solar Sovereign. ...
172 days ago
2 min read
Shell announced that it plans to temporarily pause on-site construction work at one of Europe’s largest biofuel plants due to weak mark...
172 days ago
2 min read
Air New Zealand has welcomed its first shipment of 500,000-litre Sustainable Aviation Fuel (SAF) into Wellington. The airline announced t...
172 days ago
2 min read
AEW, the real estate investment and asset manager, announced that it will be one of the first asset managers to adopt FCA Sustainability ...
172 days ago
2 min read
Amazon has become the first company to bypass a global standard for verifying carbon offsets, developed by a non-profit largely funded by...
172 days ago
2 min read
Xurya, a renewable energy company providing rooftop solar rentals with no upfront costs in Indonesia, has announced securing an additiona...
172 days ago
2 min read
DHL Express announced that it has signed an agreement with the Bank of Philippine Islands (BPI). The partnership aims to reduce DHL’...
173 days ago
2 min read
A team of eco-gamers known as Serious People has developed a video game titled “Asset Manager Quest” to encourage investment ...
173 days ago
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The Australian Renewable Energy Agency (ARENA) announced that it has conditionally approved up to $143 million to support the deployment ...
173 days ago
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While Malaysia commits to phasing out coal power domestically, a Malaysian government-owned development bank has agreed to finance the So...
173 days ago
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For the first time this year, the price of offshore wind power in China will fall below that of coal-generated electricity. The governmen...
176 days ago
2 min read
Japan announced a new proposal that includes stricter rules for domestic producers of sustainable aviation fuel (SAF) to help cut greenho...
176 days ago
2 min read
The Climate Bonds Initiative (CBI) announced a collaboration with the UNEP Finance Initiative and Principles for Responsible Investment t...
176 days ago
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A study by a think tank revealed a 52% increase in the occurrence of 35°C (95°F) days in 20 major global capitals, from Delhi to [&hell...
176 days ago
2 min read
The ERM Sustainability Institute launched a new guide to help corporate investors and financial institutions understand how and why to ...
176 days ago
2 min read
IDB Invest, the private sector arm of the Inter-American Development Bank Group, has issued the IDB Group’s first private sector bo...
176 days ago
2 min read
JERA, a Japanese power generator, announced the successful conclusion of a three-month trial at its Hekinan Thermal Power Station in Cent...
176 days ago
2 min read
SC Oscar, the Singapore-based renewable energy investor, acquired New Zealand renewables developer Rānui Generation for an undisclosed a...
177 days ago
2 min read
A report by management consultancy Oliver Wyman reveals that if barriers to growth are addressed, the global market for CO2 removal credi...
177 days ago
2 min read
Korean Air announced that it will expand its cargo sustainable aviation fuel (SAF) program by partnering with global logistics company CE...
177 days ago
2 min read
At the London Climate Action Week, Malaysia’s Deputy Prime Minister Datuk Seri Fadillah Yusof said the country has established a ph...
177 days ago
2 min read
A new report from LSE’s Graham Research Institute on Climate Change and the Environment shows that companies accused of misrepresen...
177 days ago
2 min read
Edison, an Italian electricity and natural gas producer and distributor, announced an agreement with Blunova SpA (Carlos Maresca Group) t...
177 days ago
2 min read
Lauren Riley, chief sustainability officer for United Airlines, the third largest airline in the US, said in an interview with the Financ...
178 days ago
2 min read
The International Capital Market Association (ICMA) released new materials to support green enabling projects and guidelines for sustaina...
178 days ago
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Australia’s largest electricity grid identifies household batteries as crucial, requiring A$122 billion ($81 billion) annually to r...
178 days ago
2 min read
To accelerate its commitment to sustainability, Evri, a UK-based parcel delivery company, announced an investment worth £19 million. Thi...
178 days ago
2 min read
A new policy brief by the Boston University Global Development Policy Center said the early retirement of overseas coal plants would brin...
178 days ago
2 min read
A European Union informed that a group of 112 cities aiming to eliminate their net greenhouse gas emissions by 2030 would need 650 billio...
178 days ago
2 min read
A panel appointed by South Africa’s environment minister said the country is risking a $9.3 billion climate finance pact by delayin...
179 days ago
2 min read
The European Central Bank (ECB) plans to set emissions reduction targets for the corporate sector portfolios in the asset purchase progra...
179 days ago
2 min read
ExxonMobil, an international energy and petrochemical company, and Air Liquide announced an agreement to support the production of low-ca...
179 days ago
2 min read
Doral Renewables, a US-based developer, owner, and operator of renewable energy and storage projects, announced a $400 million minority e...
179 days ago
2 min read
The second round of the High-Level Energy Transition Dialogues, a preparatory event for the upcoming COP29 climate change conference in B...
179 days ago
2 min read
Australia’s inaugural National Capacity Investment Scheme (CIS) auction has attracted significant interest. Investors propose 40 GW...
180 days ago
2 min read
Climate Arc, a nonprofit providing guidance, data and funding to promote green investments, argues that climate investors must target the...
180 days ago
2 min read
Hong Kong will welcome 300 finance executives and international speakers to its largest sustainable finance event, which is scheduled for...
180 days ago
2 min read
According to a new Greenpeace report, major Chinese asset managers have billions of dollars invested in fossil fuels and have no plans to...
180 days ago
2 min read
Several of the world’s largest companies, financial institutions, cities, and regions have united to urge governments to enhance th...
180 days ago
2 min read
SENCO Hydrogen Capital, a private equity firm specializing in investments in hydrogen and energy-in-transition spaces, announced a € 20...
183 days ago
2 min read
The Asian Development Bank (ADB) has committed $50 million to the Actis Asia Climate Transition Fund, which is managed by Actis, a global...
183 days ago
2 min read
According to a report by Wood Mackenzie (WoodMac), e-fuels could provide a solution for powering essential transportation sectors like sh...
183 days ago
2 min read
Recent satellite data gathered by the World Bank shows the amount of gas flared worldwide has increased, marking its highest level since ...
183 days ago
2 min read
A decision on a lawsuit filed by Greenpeace and ReCommon against Italy’s Eni, an energy group, for its role in contributing to clim...
183 days ago
2 min read
IMF’s executive board approved Tanzania’s request for funding worth $786.2 million under the Resilience and Sustainability Fa...
183 days ago
2 min read
China’s government has pledged to support struggling solar manufacturers by guiding capacity expansions and preventing redundant in...
184 days ago
2 min read
The UK Supreme Court ruled that local authorities should have considered the long-term climate impact of onshore oil wells when granting ...
184 days ago
2 min read
Nippon Steel could risk increasing its decarbonization costs by acquiring US Steel. An activist shareholder group has urged the company t...
184 days ago
2 min read
Cawa, an API infrastructure enabling carbon accounting and ESG platforms to sell transparent, high-quality carbon credits, announced that...
184 days ago
2 min read
UK-based carbon standard Wilder Carbon and specialist carbon insurance company Kita announced the world’s first “Buffer Insur...
184 days ago
2 min read
The acting President of the Caribbean Development Bank urged prompt action to secure the financing of initiatives to safeguard the region...
184 days ago
2 min read
A new report by Ceres examines companies’ disclosures under the National Association of Insurance Commissioner’s Climate Risk...
185 days ago
2 min read
Sineng Electric announced it is forming a strategic partnership with DEC International, a Chinese state-owned power equipment manufacture...
185 days ago
2 min read
A recent report by Deloitte Canada, commissioned by the Alberta government, shows that the proposed federal oil and gas emissions cap wou...
185 days ago
2 min read
Data released by CDP shows the number of companies disclosing they have 1.5 °C-aligned climate transition plans has jumped by around 44%...
185 days ago
2 min read
BTG Pactual Timberland Investment Group, a Latin American investment bank, is planning to execute a carbon offset credit transaction with...
185 days ago
2 min read
Tokyo-based banking and financial services company Mizuho Financial Group and global wealth and asset manager Lombard Odier have signed a...
186 days ago
2 min read
White Summit Capital, an investor and asset manager in sustainable energy infrastructure, will invest 250 million euros ($267 million) in...
186 days ago
2 min read
A recent report by the Institute for Energy Economics and Financial Analysis shows that over 800 coal power stations in emerging economie...
186 days ago
2 min read
Spain’s climate and energy minister, Teresa Ribera, a leading candidate for the EU’s next head of green policies, emphasized ...
187 days ago
2 min read
BNP Paribas and The Export-Import Bank of Korea, two major international banks, have ended their financial support for Santos’ Baro...
187 days ago
2 min read
Southeast Asia’s green energy transition is facing uncertainty due to a notable reduction in climate development finance allocated ...
187 days ago
2 min read
According to a report from Climate Venture Capital Fund, New Zealand’s new coalition government slashed several major climate initi...
187 days ago
2 min read
Essar Group, an India-based firm, will invest Rs 30,000 crore ($3.6 billion) over the next four years in setting up a green hydrogen plan...
187 days ago
2 min read
The Philippines plans to temporarily halt the processing of new applications for renewable energy projects as it overhauls regulations. T...
190 days ago
2 min read
The head of a South African government office responsible for auction rounds for state-provided renewable energy stated that establishing...
190 days ago
2 min read
The World Bank has appointed HSBC to structure a new outcome bond aimed at addressing reforestation efforts in the Brazilian Amazon. This...
190 days ago
2 min read
ThyssenKrupp Steel Europe plans to propose a green steel plant at Duisburg. The company aims to switch to direct reduction steelmaking to...
190 days ago
2 min read
One of COP29’s main goals is to finalize a new annual financing target to help poorer countries cut their emissions and protect the...
191 days ago
2 min read
A research report by Rystand Energy revealed that the value-chain emissions of liquified natural gas (LNG) are lower on average than thos...
191 days ago
2 min read
At its Oberkirch site, the Koehler Group is upgrading its power plant to use eco-friendly biomass as fuel. With the last piece of coal no...
191 days ago
2 min read
If it wins the general election on July 4, the UK’s Green Party has pledged to require non-bank financial institutions, such as pen...
191 days ago
2 min read
Recent research by Global Energy Monitor shows Spain has more utility-scale solar capacity in operation (29.5 GW) than any other European...
191 days ago
2 min read
Glencore Plc is set to back Indonesian nickel miner PT Ceria Nugraha Indotama to build a battery metal plant ahead of the mining company&...
192 days ago
2 min read
Vesper Energy, a renewable energy developer, finalized construction and term loan syndication for its Hornet Solar project, totalling aro...
192 days ago
2 min read
The World Bank’s Board of Executive Directors approved a plan to act as interim host of a fund that will provide financial support ...
192 days ago
2 min read
Chinese solar panel manufacturers are calling for immediate government intervention. They aim to curb investment and foster industry coll...
192 days ago
2 min read
The biggest-ever auction for offshore wind projects in the Netherlands has ended, with major companies set to develop the sites. A group ...
192 days ago
2 min read
Amid escalating copper prices, India’s renewable energy sector faces rising costs and budgeting challenges. In recent months, coppe...
193 days ago
2 min read
Hitachi Energy plans to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnership by 2027 to acce...
193 days ago
2 min read
The US Supreme Court requested President Joe Biden’s administration provide its perspective on Sunoco and other oil companies’...
193 days ago
2 min read
Candi Solar, a clean energy company specializing in solar power solutions, announced that it had secured $38 million in equity investment...
193 days ago
2 min read
Environmental, social, and governance (ESG) investing surged in popularity among investors and the public from 2017 to 2022 but has recen...
194 days ago
2 min read
Some of the world’s major economies are planning to finalize a plan to halt new private-sector funding for coal projects ahead of t...
194 days ago
2 min read
French oil and gas company TotalEnergies has signed an agreement with Air Products, a US industrial gas company, to deliver green hydroge...
194 days ago
2 min read
The Hong Kong Monetary Authority, the country’s central banking institution, is planning to make its green taxonomy framework manda...
194 days ago
2 min read
India’s Adani Green Energy Ltd (AGEL) will invest over $1 billion in setting up wind power and other energy projects in Sri Lanka. This...
194 days ago
2 min read
The government of New Zealand is planning to lift a ban on offshore petroleum exploration, citing energy security challenges from rapidly...
194 days ago
2 min read
California, Florida, and Louisiana homeowners are finding it nearly impossible to find an insurance company that will cover their propert...
197 days ago
2 min read
According to a report by the Clean Energy Council, investment in major renewable energy projects in Australia bounced back in the first q...
197 days ago
2 min read
In a hearing, the US Senate Budget Committee addressed the causes of the insurance crisis affecting homeowners nationwide. Democrats argu...
197 days ago
2 min read
Sri Lanka’s parliament passed a law aimed at boosting investment in renewable energy. This legislation is part of the country’...
197 days ago
2 min read
A report by Moody’s Ratings says that over the coming years, renewable energy and power transmission will drive investment in India...
197 days ago
2 min read
Macquarie Asset Management and Sol Systems have announced an $85 million debt investment to support the construction and operation of fiv...
198 days ago
2 min read
The governing board of the Climate Investment Funds (CIF) has approved the Philippines government’s investment plan. As part of it,...
198 days ago
2 min read
Maruti Suzuki plans to invest Rs 450 crores ($54 million) over three years in commissioning renewable energy projects related to solar po...
198 days ago
2 min read
UN Secretary-General António Guterres said that countries must confront the fossil fuel industry and companies that support efforts to o...
198 days ago
2 min read
A group of notable former finance ministers and central bankers from emerging markets is urging global leaders to consider external shock...
198 days ago
2 min read
In an interview, a senior European Central Bank (ECB) supervisor said some euro banks have failed to meet the ECB’s climate-related...
199 days ago
2 min read
Bloomberg reported that Shell Plc’s CEO recently visited Washington to call for stability ahead of a US presidential election that ...
199 days ago
2 min read
HESTA, one of Australia’s largest pension funds, has backed arguments by the government and the country’s big energy companies that n...
199 days ago
2 min read
Ceres Power Holdings, a UK-based developer of clean energy technology, said it has secured an additional contract for the second phase of...
199 days ago
2 min read
Nurul Ichwan, Deputy for Investment Promotion at the Ministry of Investment, said the growing demand for sustainable products is boosting...
199 days ago
2 min read
June 5th marks World Environment Day, a global event dedicated to raising awareness and inspiring action on urgent environmental issues. ...
199 days ago
3 min read
Recurrent Energy, a subsidiary of Canadian Solar Inc., announced the initial closing and funding of an investment in its platform by Blac...
200 days ago
2 min read
Clean energy and transportation investment in the US hit an all-time high, reaching $71 billion, in Q1 of 2024. This marks ongoing quarte...
200 days ago
2 min read
A report by the City of London Corporation and Climate Policy Initiative (CPI) has revealed that UK financial institutions have almost tr...
200 days ago
2 min read
In Europe’s power markets, energy prices are dropping below zero. The demand-supply chain is being compromised as the supply someti...
200 days ago
2 min read
The Expert Council on Climate Issues said Germany is unlikely to meet its 2030 greenhouse gas targets. Germany had aimed to cut 65% of gr...
201 days ago
2 min read
Australia is establishing a series of green bonds known as a “sovereign green bond curve“. This involves issuing bonds design...
201 days ago
2 min read
Germany’s second-largest coal miner will likely receive approximately $1.1 billion in compensation for ceasing its fossil fuel oper...
201 days ago
2 min read
As part of a growing array of Net-Zero regulations, the European Union passed its Energy Performance of Buildings Directive (EPBD). EPBD ...
201 days ago
2 min read
As Glencore nears the completion of its acquisition of Teck Resources’ steelmaking coal business, a majority of the company’s...
201 days ago
2 min read
A Global Wind Energy Council report says developing countries who need to balance economic growth with energy security and are targeting ...
203 days ago
4 min read
CapitaLand India Trust (CLINT) has secured a $200 million sustainability-linked loan (SLL) from the International Finance Corporation (IF...
204 days ago
2 min read
Singapore published an Environmental Crimes Money Laundering (ML) National Risk Assessment (NRA), which identifies the critical threats a...
204 days ago
2 min read
UK Sustainable Investment and Finance Association (UKSIF) and consulting firm, PwC collaborated to produce a guidebook for the Sustainabi...
204 days ago
2 min read
Homecoming Capital, an investor in zero-emission infrastructure, announced its initial $50 million deal with Clean Energy Terminals (CET)...
204 days ago
2 min read
Plural Energy, a financial technology company and an on-chain investing platform announced that it has secured $2.33 million in pre-seed ...
204 days ago
2 min read
Belgian European Union presidency said EU countries unanimously agreed to jointly quit an international energy treaty due to concerns tha...
205 days ago
2 min read
Southeast Asia plans to expand its gas-fired power plant and liquid natural gas import capacity. Global Energy Monitor’s report say...
205 days ago
2 min read
To accelerate clean energy options, Duke Energy, Amazon, Google, Microsoft, and Nucor have signed agreements to explore new and innovativ...
205 days ago
2 min read
REN21, a Paris-based policy group, said the global shift to renewables in major energy-consuming sectors slowed in 2023. Regulatory gaps,...
205 days ago
2 min read
Asset owners overseeing $4.6 trillion have signed a statement extending their support to the Climate Action 100+ investor group. This com...
205 days ago
2 min read
Xpansive, infrastructure provider for global energy transition, announced that it has secured a new capital raise led by Aramco Ventures,...
206 days ago
2 min read
The United Nations Development Programme in Yemen announced two new strategies to foster private sector engagement and promote investment...
206 days ago
2 min read
Zenobē, UK’s EV fleet and battery storage specialist, announced the completion of a $524 million financial deal, securing the largest ...
206 days ago
2 min read
The US government introduced regulations to oversee the use of voluntary carbon credits to strengthen trust in a developing market. In th...
206 days ago
2 min read
EU competition regulators approved a $1.52 billion joint hydrogen project funded by seven EU countries, which is expected to generate an ...
206 days ago
2 min read
Cloover , a Berlin-based renewable energy startup, has secured $114 million in seed rounds to revolutionize its operating system for the ...
207 days ago
2 min read
At a meeting with major business figures and economists, President Xi Jinping said that excess investment into new energy would be counte...
207 days ago
2 min read
The Development Bank of Southern Africa (DBSA) is establishing its first biodiversity fund. Further, they plan on approaching one of the ...
207 days ago
2 min read
The president of this decade’s summit for Small Island Developing States accused the wealthy nations of making “empty...
207 days ago
2 min read
European Union approved a new law to impose methane emissions limits on Europe’s oil and gas imports from 2030, pressuring internationa...
208 days ago
2 min read
Rio Tinto, an Australian mining company, and BHP Group plan on working together to test large battery-operated electric haul truck techno...
208 days ago
2 min read
Reports say China’s rising electricity demand will pressure the nation’s power sector. The research report by State Grid Corp...
208 days ago
2 min read
Two lawsuits have been filed against California Attorney General Rob Bonta, seeking to prevent his efforts to demand energy groups to sub...
208 days ago
2 min read
Qatar’s Ministry of Finance has announced granting of green bonds worth $2.5 billion, “marking the first issuance of it...
211 days ago
2 min read
Orsted, a Denmark-based energy company, has secured an investment worth $680 million in tax equity financing from JPMorgan for a port...
211 days ago
2 min read
An executive told Reuters that Eurazeo, the French private equity investor, plans to raise at least $813 million for an impact-focused ...
211 days ago
2 min read
The Queensland state government voiced its opposition to Glencore’s proposed carbon capture and storage project, citing the...
211 days ago
2 min read
National Grid, an energy company operating in the UK and US, plans to raise $8.7 billion in capital to finance its $76 billion network sp...
212 days ago
2 min read
According to Reuters, South Africa’s Trade Minister Ebrahim Patel said the country is considering lodging a formal complaint at the...
212 days ago
2 min read
In the latest string of youth climate change-related lawsuits, eight young Alaska residents sued the state, seeking to block a major ...
212 days ago
2 min read
The International Coffee Organization (ICO) has observed a surge in coffee imports to Europe before the implementation of the European Un...
212 days ago
2 min read
Transitioning towards renewable energy, India’s Vedanta Ltd would no longer add coal-fired capacity in its aluminium business...
213 days ago
2 min read
Scientists have confirmed climate change as the primary reason behind the UK’s waterlogged winter. This year marked the country’s...
213 days ago
2 min read
China’s rapid expansion of solar power in a move towards renewable energy, driven by low equipment costs and government support, ...
213 days ago
2 min read
A report published by climate risk consultancy XDI has issued a warning, revealing that nearly one in ten properties owned by lea...
213 days ago
2 min read
A Swiss parliamentary committee rejected an allegation against them by a top European court. The court had said that Switzerland violated...
213 days ago
2 min read
The Institutional Investors Group on Climate Change (IIGCC) listed several investor priorities for the UK’s next government to ...
214 days ago
2 min read
A report by China Water Risk (CWR) revealed, “instead of providing energy security, oil now threatens it.” It says me...
214 days ago
2 min read
Australia’s energy transition plans have been challenged by the delays in installing transmission lines tied to wind and solar farm...
214 days ago
2 min read
Ford Motor Co. rejected Republican arguments that the new climate rules are harmful to businesses as it said it backs the Biden administr...
214 days ago
2 min read
A commissioner at the US regulator informed that The Commodity Futures Trading Commission (CFTC), a US regulatory body, is investigating...
214 days ago
2 min read
PAG, an Asia-Pacific investment firm, said it had raised $550 million for its first renewable energy fund. The fund would be used to ...
215 days ago
2 min read
Kobe Steel, the Japanese steelmaking company, said it will consider building a new large electric arc furnace to reduce carbon dioxide ...
215 days ago
1 min read
Quinbrook Infrastructure Partners, a private equity group, has proposed working on a new iron ore mine and a ‘green iron’ processing ...
215 days ago
2 min read
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