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IFC Invests $100 Million in QNB Leasing to Support Sustainable Energy and Blue Finance
International Finance Corporation (IFC) has announced a $100 million five-year loan to QNB Finansal Kiralama A.Ş. (QNB Leasing), the Turkish arm of QNB Türkiye, to increase access to sustainable energy for small and medium-sized enterprises (SMEs) in Türkiye. The investment will help companies trans
Ørsted and Nuveen Infrastructure Complete Gode Wind 3 Offshore Wind Farm in Germany
Ørsted and Nuveen Infrastructure joint venture Gode Wind 3 Offshore Wind Farm completed its final test as of 28 February, 2025, and has entered into operations. Gode Wind 3, in the German North Sea, is Ørsted's fifth German 253 MW offshore wind farm. The plant now has the ability to produce renewabl
TikTok and Two Drifters Partner with Climeworks for Carbon Removal
TikTok and Two Drifters Distillery have signed multi-year collaborations with Climeworks to support their carbon removal initiatives. Through these partnerships, Climeworks will capture 5,100 tons of CO2 for TikTok by 2030 and another 1,067 tons for Two Drifters by 2032. The carbon removal will be d
Sequestra Secures €1.1 Million to Scale CO2 Sequestration in Heavy Industry
Sequestra, a Vienna-based startup specializing in data-driven methods for permanently utilizing CO2 in heavy industry, has raised €1.1 million in pre-seed funding, as reported by Carbon Herald. This investment will accelerate the development of the company's patented technology, which focuses on cap
