Corporates

               
Saudi Arabia’s PIF enters three joint ventures for…
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…
               
Copenhagen Offshore Partners advances Haewoori Offshore Wind Project…
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…
               
Naked Energy raises £17 million to accelerate global…
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…
               
More than 100 companies demand for tougher policies…
132 companies, with a total revenue of $1.1 trillion, exclusively shared a letter with Reuters demanding decisive action on nature loss. Companies such as Unilever,…
               
Quinbroook and Origin Energy expand partnership with Stage…
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…
               
Rio Tinto and Ngarluma collaborate on renewable energy…
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…
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,…
               
Xpansiv and Japan’s Enechain collaborate for enhanced carbon…
Xpansiv announced the signing of a Memorandum of Understanding (MoU) with Enechain Corporation, Japan’s energy marketplace operator. This would allow Japanese companies to access high-quality…
               
Iberdrola signs PPA with Burger King to supply…
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,…
               
Enagás sells Tallgrass Energy stake for $1.1 Billion…
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…
               
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…
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…
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…
               
Amazon achieves 100% renewable energy consumption goal 
Amazon announced that all the electricity consumed by its operations, including data centres, corporate buildings, grocery stores, and fulfilment centres, would be matched with 100%…
               
Orsted assumes ownership by purchasing the remaining shares…
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…
               
ArcelorMittal Gent begins innovative trial to recycle CO2…
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…
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…
               
Occidental seals record carbon removal deal with Microsoft 
Occidental Petroleum Corp. has secured a landmark carbon removal agreement with Microsoft Corp. as part of Microsoft’s efforts to curb its growing emissions. Occidental, through…
               
Levanta Renewables enters the Thai solar market with…
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…
               
Dominion Energy expands offshore wind portfolio with acquisition…
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…
               
TEMBUSU Asia – First Singapore Validation and Verification…
8 July 2024 – TEMBUSU Asia Consulting (TAC) is now accredited by the Asia Carbon Institute (ACI) as the first Singapore Validation and Verification Body…
               
Dimitra launches traceable carbon credit initiative to empower…
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…
               
L&T renewable arm lands contract for 3.5 GW…
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…
               
Technip Energies and SBM Offshore establish Ekwil for…
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…
               
Budweiser Brewing achieves 25% carbon emission reduction in…
Budweiser’s China unit has reduced its carbon emissions by more than 25%, achieving the target two years ahead of schedule. The beer company is leveraging…
               
Corre Energy, SemperPower announce €7 million joint venture…
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…
               
Shell faces $2 billion impairment charge following asset…
In its second-quarter update, Shell announced that it would incur an impairment charge of up to $2 billion following the sale of its Singapore refinery…
               
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…
               
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…
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…
               
Google reports a 48% surge in greenhouse gas…
Google’s annual environment report shows that its greenhouse gas emissions have soared 48% since 2019. The tech giant said “increased data centre energy consumption and…
               
US imposes $145.8 million fine on General Motors…
General Motors will pay a $145.8 million fine and forfeit credits valued at hundreds of millions of dollars following a US government inquiry that revealed…
               
Iberdrola acquires Balantia to enhance energy efficiency and…
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…
               
Nippon Steel and Sumitomo renew contract with Equinor…
Japan’s largest steelmaker, Nippon Steel and trading house, Sumitomo Corp, announced that they have renewed a long-term contract with Norway’s Equinor to supply seamless steel pipes…
               
Cepsa and PreZero Spain partner to convert waste…
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…
               
NGOs call for the exclusion of carbon offsets…
In a new critique of the voluntary carbon market, over 80 non-governmental organizations have urged corporations to exclude carbon offsets from their transition plans, arguing…
               
Luxcara selects Chinese turbines for offshore wind farm…
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…
               
Climate tech company secures $34 million in Series…
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…
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…
               
Amazon bypasses carbon offset standard funded by Bezos
Amazon has become the first company to bypass a global standard for verifying carbon offsets, developed by a non-profit largely funded by its founder and…
               
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…
               
DHL Express partners with Bank of Philippine Islands…
DHL Express announced that it has signed an agreement with the Bank of Philippine Islands (BPI). The partnership aims to reduce DHL’s annual greenhouse gas…
               
Gunvor and Quercus announce partnership to develop 3…
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…
               
Renewco and INDHO announce joint venture to launch…
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…
               
Shell set to build two carbon capture hubs…
Shell announced its plans to establish two new carbon capture storage (CCS) facilities- Polaris and Atlas – in Canada.    Shell Canada Products, a subsidiary of…
               
New report reveals surge in climate litigation against…
A new report from LSE’s Graham Research Institute on Climate Change and the Environment shows that companies accused of misrepresenting their progress on climate change…
               
Oman shortlists nine companies for the Ibri III…
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…
               
O.C.O Technology and Petronor collaborate to build €20…
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…
               
Fervo Energy signs two 15-year PPAs with Southern…
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…
               
Macquarie Asset Management set to divest stake in…
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…
               
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…
               
Masdar to Acquire Terna Energy in €3.2 Billion…
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…
               
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…
               
Nippon Steel’s US Steel acquisition raises decarbonization cost…
Nippon Steel could risk increasing its decarbonization costs by acquiring US Steel. An activist shareholder group has urged the company to consider the takeover’s impact…
               
Companies adopting 1.5°C-aligned climate transition plans jump by…
Data released by CDP shows the number of companies disclosing they have 1.5 °C-aligned climate transition plans has jumped by around 44%.  According to CDP’s…
               
Microsoft to receive 8 million carbon credits from…
BTG Pactual Timberland Investment Group, a Latin American investment bank, is planning to execute a carbon offset credit transaction with Microsoft. TIG will provide Microsoft…
               
Macquarie Asset Management set to sell 37.5% stake…
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…
               
Volkswagen and Vulcan Green Steel sign MoU to…
Volkswagen AG and Vulcan Green Steel have signed a Memorandum of Understanding (MoU) to establish a partnership focused on low-carbon steel.  VW plans to procure…
               
UK’s asset owner introduces Climate Transition Index in…
Phoenix Group, a UK asset owner, has introduced a climate transition index as part of its commitment to redirect £160 billion towards decarbonisation efforts over…
               
Andrew Forrest urges coalition to reconsider 2030 emissions…
Fortescue founder Andrew Forrest warned that if the federal coalition scraps the 2030 emissions reduction target, Australian exports could face hefty carbon taxes.  Forrest criticized…
               
Union Investment to exclude fossil investments from sustainability…
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…
               
BNP Paribas and Bank of Korea cut ties…
BNP Paribas and The Export-Import Bank of Korea, two major international banks, have ended their financial support for Santos’ Barossa gas project.   BNP Paribas, the…
               
Carbonfuture and Swiss Re sign 7-year biochar carbon…
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.  …
               
Microsoft inks long-term PPAs with European Energy to…
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,…
               
Startup eyes US factory for futuristic solar panels,…
California-based startup Swift Solar Inc. intends to construct a factory in the United States within the next two to three years to manufacture its advanced…
               
Koehler Group decarbonizes CFPP, switches to biomass
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 now…
               
Orsted announces plans to install Tesla battery storage…
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…
               
Glencore plans to back Indonesian nickel miner to…
Glencore Plc is set to back Indonesian nickel miner PT Ceria Nugraha Indotama to build a battery metal plant ahead of the mining company’s initial…
               
Microsoft and Repsol ink six long-term renewable energy…
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…
               
World’s largest carmakers to face $7.6 billion lawsuits…
The world’s largest carmakers are currently facing 1.5 million lawsuits in Britain, accusing them of manipulating emissions tests. The estimated cost could reach 6 billion…
               
TotalEnergies and Air Products Forge Green Hydrogen deal 
French oil and gas company TotalEnergies has signed an agreement with Air Products, a US industrial gas company, to deliver green hydrogen. In a press…
               
BNP Paribas AM and other asset managers appeal…
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…
               
Warren Buffet-backed Occidental Petroleum and BHE Renewables to…
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…
               
Elawan Energy and R.Power SA to build 2-GWp…
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…
               
Ceres and Shell collaborate to produce green hydrogen 
Ceres Power Holdings, a UK-based developer of clean energy technology, said it has secured an additional contract for the second phase of its collaboration with…
               
Climate advisory firm optimistic about venture capital investments…
Pollination Group, a climate change advisory and investment firm, observes better opportunities for venture capital investments in Australia as the government ramps up support for…
               
Cairn Oil and Gas to achieve Net-Zero by…
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…
               
Waste Management nears $7 billion deal to buy…
Waste Management is close to finalizing a purchase agreement with Stericycle, a medical waste disposal company, for approximately $7 billion, which includes debt.  According to…
               
One of world’s biggest carbon-offset projects withdraws from…
Carbon Green Investments, a company managing offset projects, has announced that it will immediately remove the Kariba forestry project, one of the biggest carbon offset…
               
Shareholders back Glencore’s 2024-2026 Climate Action Plan  
As Glencore nears the completion of its acquisition of Teck Resources’ steelmaking coal business, a majority of the company’s investors have indicated that they are…
               
Architect behind the world’s tallest skyscraper to design…
Skidmore, Owings & Merrill LLP (SOM), the architecture firm responsible for the world’s tallest building, is exploring methods to construct skyscrapers that can store energy…
               
Jakson Green procures $7.2 million funding from HSBC…
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…
               
Amazon, Google, Microsoft sign deals with Duke Energy…
To accelerate clean energy options, Duke Energy, Amazon, Google, Microsoft, and Nucor have signed agreements to explore new and innovative approaches to support carbon-free energy…
               
$1 billion funded waste-to-fuel company could collapse
Fulcrum BioEnergy, a clean fuel technology company, secured over $1 billion in funding to convert household waste into eco-friendly fuels for transportation. However, it faces…
               
Gentari is among the top competitors for Brookfield’s…
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…
               
Tata Power to raise $1 billion to fund…
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…
               
Climate protestors target TotalEnergies over new oilfield development…
The CEO of TotalEnergies informed shareholders that new oilfields must be developed to meet global demand. Climate activists protested outside the annual meetings of the…
               
Orsted lands $650 million tax equity deal with…
Orsted, a Denmark-based energy company, has secured an investment worth $680 million in tax equity financing from JPMorgan for a portfolio of solar and storage assets in…
               
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…
               
Eurazeo targets 750 million euros for a new…
An executive told Reuters that Eurazeo, the French private equity investor, plans to raise at least $813 million for an impact-focused buyout fund targeting companies that…
               
Microsoft signs agreement with RWE for supply of…
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…
               
Iberdola extends alliance with Bayer to supply green…
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,…
               
National Grid to invest $76 billion towards decarbonization,…
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 spending…
               
Carbon Streaming announces reforestation project with Microsoft and…
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…
               
US lawmakers probe investigation into climate deception by…
US lawmakers lead an inquiry into big oil companies and urge the Justice Department to investigate potential climate deception.   Democrats Senator Sheldon Whitehouse and Representative…
               
Vedanta to avoid coal and move towards renewables,…
Transitioning towards renewable energy, India’s Vedanta Ltd would no longer add coal-fired capacity in its aluminium business, said John Slaven, the company’s CEO.  In an interview with Reuters,…
               
New direct air capture facility begins trial in…
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…
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…
               
Norway’s first extensive carbon capture storage project is…
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…
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…
               
ClearBlue and Kita collaborate to enhance voluntary carbon…
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…
               
Petrovietnam announces comprehensive plans to cut greenhouse gas…
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…
               
CapturePoint and Energy Transfer collaborate on a joint…
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…
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…
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%…
               
India’s largest climate impact fund to raise $1…
Eversource Capital, which managed India’s largest climate impact fund in 2022, aims to raise at least $1 billion to support companies in other Asian countries,…
               
New research examines carbon emissions from wooden houses…
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…
               
20 finalists announced in XPrize’s $100 million carbon…
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…
               
Request Filed to Assess Pathways Alliance Carbon Capture…
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.…
               
Microsoft’s AI ambitions threaten to derail carbon neutrality…
Microsoft Corp.’s ambitious pledge to remove more carbon than it emits by 2030 is now at risk due to its aggressive push to lead in…
               
Exxon under fire again for falling short on…
Exxon Mobil Corp is again under scrutiny from environmentally focused investors who argue that the company is not meeting its climate-related commitments. Criticism of the…
               
Worley wins contract to develop Bayou Bend Carbon…
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…
               
Indonesia’s state energy firm, Exxon, KNOC sign agreement…
Indonesia’s Pertamina, ExxonMobil, and South Korea’s KNOC agreed to develop a carbon capture and storage (CCS) hub in Indonesia.  Pertamina and ExxonMobil will collaborate on…
               
Schneider Electric to automate India’s largest single-stage wastewater…
Schneider Electric supports India’s Namami Gange initiative by implementing sustainable automation at Delhi’s largest single-stage wastewater treatment plant.  SUEZ is building the plant under the…
               
Startup develops vaccine that can reduce methane emissions…
A Boston-based startup is in the process of developing a vaccine that can curb methane emissions that are emitted by livestock.  ArkeaBio, an ag-biotech company,…
               
Private equity firm offer to buy Swedish renewable…
On Monday, private equity firm EQT announced a cash offer to acquire Swedish renewable energy group OX2 for 16.4 billion crowns ($1.51 billion). EQT is…
               
Decision looms for Glencore’s carbon capture approval in…
This month, Queensland state in Australia will decide whether to approve Glencore’s request to bury liquefied carbon dioxide in the country’s largest aquifer. Farm groups…
               
Green hydrogen startup Hysata raise $111 million in…
Australia-based Hysata, a startup focused on green hydrogen, announced it has raised $111 million in a Series B funding round. The funding will support advancements…
               
Singapore Airlines signs agreement with Neste to purchase…
Singapore Airlines (SIA) Group has partnered with Neste to acquire 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel in an effort to reduce its…
               
Climeworks opens world’s largest plant to capture CO2…
Climeworks has unveiled the world’s largest operational direct air capture (DAC) plant, the Mammoth plant in Iceland. This plant is nearly ten times larger than…
               
Siemens Energy to restructure management of its troubled…
Siemens Energy announced that Jochen Eickholt, who became CEO of Siemens Gamesa in March 2022, will step down at the end of July and will…
               
Leading health funders team up in $300 million…
Three major global health funders have partnered for the first time in a $300 million initiative to address the interconnected challenges of climate change, malnutrition,…
               
Brussels Airport to achieve net zero target by…
Brussels Airport Company is significantly ramping up efforts to reach net zero carbon emissions by 2030, aiming to eliminate all carbon dioxide emissions (scopes 1…
               
Berkshire Hathaway shareholders reject six environment, social policy…
During their Saturday meeting, shareholders of Berkshire Hathaway Inc. decisively rejected six proposals related to environmental and social policies at Warren Buffett’s conglomerate.  The majority…
               
Air France, Lufthansa Group among 20 other airlines…
Air France, its Dutch arm KLM, Norwegian, SAS, and multiple Lufthansa Group airlines are among 20 carriers under investigation by the European Union for potential…
               
PG&E nears deal to sell power assets to…
California utility Pacific Gas & Electric (PG&E) announced that it is close to finalizing an agreement to sell its power generation assets to KKR, a…
               
Australia’s second-largest pension fund to stop investing in…
On Thursday, the Australian Retirement Trust announced that it will cease investing in most thermal coal companies starting in July as part of its strategy…
               
Maritime Transport to replace diesel trucks with electric,…
Maritime Transport is progressing toward eco-friendly trucking by replacing diesel trucks with new electric semi-trucks. The company has placed an order for a total of…
               
Calstrs delays climate report due to errors, concerns…
One of the world’s largest pension plans, Calstrs, has announced a delay in the publication of its 2023 climate report after uncovering inaccuracies in its…
               
Customer experience solutions launches sustainability campaign 
Concentrix, a provider of customer experience solutions, has initiated the ‘Go Clean, Go Green’ campaign. This campaign involves organizing cleanliness drives in public areas such…
               
BHP’s potential takeover bid of Anglo American spotlights…
The metals industry is abuzz with talks of a monumental £31 billion ($39 billion) takeover bid by Australian behemoth BHP Group Ltd for Anglo American…
               
World will use 100 million barrels of oil…
TotalEnergies SE Chief Executive Officer Patrick Pouyanne emphasized the importance of preparing for a warmer climate, noting that global oil consumption could still exceed 100…
               
Climate finance veteran Tim Newell drives spin-off of…
Tim Newell, a seasoned expert in fintech and sustainability, has partnered with climate finance firm Aspiration Partners, Inc., to separate Aspiration’s green consumer financial services…
               
Woodside’s shareholder rejects climate plan
Woodside’s shareholders on Wednesday voted against the company’s climate plan, halting its plan for new fossil fuel projects and dealing a significant blow to Australia’s…
               
Carbon removal registry reaches breakthrough by certifying first…
The newly launched Carbon Removal Registry Isometric made its debut on Monday, issuing its first credits to the Frontier fund led by Stripe.  While the…
               
Hyundai launches EcoGram in Gurugram
In a move towards environmental sustainability, the Hyundai Motor India Foundation (HMIF) has unveiled EcoGram in Gurugram, Haryana, showcasing its commitment to eco-friendly initiatives.  Operational…
               
Otis receives approval for science-based GHG emissions reduction…
Otis, an elevator and escalator manufacturing, installation, and service company in India, has announced the approval of its near-term science-based greenhouse gas (GHG) emissions reduction…
               
SOCAR and bp showcase methane emission reduction efforts…
Representatives from local oil and gas operators embarked on field visits to the Neftianye Kamni Oil Field and the Sangachal Terminal, organized by the State…
               
California set to conclude investigation into Exxon’s role…
California is nearing the end of a two-year investigation into Exxon and the fossil fuel industry’s involvement in causing global plastic pollution with a decision…
               
Boeing partners with Wagner to boost SAF availability…
Boeing has announced a strategic collaboration with Wagner Sustainable Fuels aimed at enhancing the availability of sustainable aviation fuel (SAF) in Australia. The partnership will…
               
BHP to receive first ammonia-fuelled carrier by 2026…
The global mining giant, BHP Group plans to receive its first ammonia-fuelled bulk carrier in 2026 to cut shipping emissions, Reuters reported on Monday citing…
               
Basic Energy and Japan’s Renova join forces for…
Basic Energy Corp. solidified its collaboration with Japan’s Renova Inc. through a joint development and shareholder agreement concerning the Mabini wind project, which is projected…
               
ABB invests in GridBeyond to enhance energy management…
ABB has announced a minority investment in GridBeyond, a technology company specializing in energy management solutions driven by artificial intelligence and data science. 
               
Scotiabank issues first €1 billion green bond in…
Scotiabank has launched its first-ever €1 billion, 5-year senior fixed-rate green bond in the European market. This issuance aligns with Scotiabank's Sustainable Issuance Framework, released…
               
JDE Peet’s expresses concerns over tight deadline to…
JDE Peet's, a major coffee company, raised concerns over the stringent timeline set by the new EU law banning the import of commodities and related…
               
Shell urge shareholder to reject shareholder’s climate resolution
Shell urged shareholders to vote against an independent resolution, co-filed by a group of 27 investors, which calls for the energy company to set stringent…
               
Biden Administration to reverse solar panel trade exemption,…
The Biden administration plans to grant a request by South Korea's Hanwha Qcells to revoke a two-year-old trade exemption that allowed for the import of…
               
Kenya’s carbon credits attract attention from Netflix, Apple,…
According to a new report by the World Bank, companies like Netflix, Apple, and Shell are investing in Kenya's carbon credits. Kenya is Africa's second-largest…
               
Chevron arm launched $500 million for low-carbon technologies…
Chevron's venture capital arm said it has launched its third fund committing $500 million to invest in renewable energy technologies, as major oil companies seek…
               
Acre Impact Capital launch $100 million fund for…
Two former BNP Paribas bankers have spearheaded a new initiative, raising nearly $100 million for a fund aimed at catalyzing financing for climate-aligned infrastructure projects…
               
Sublime Systems receives potential $87 million funding for…
Sublime Systems, a startup in the realm of sustainable construction materials, has been selected by the US Department of Energy’s Office of Clean Energy Demonstrations…
               
Air New Zealand purchases green fuel from Finland’s…
Air New Zealand has sealed its most significant deal for sustainable aviation fuel (SAF) with Finland-based petroleum refiner Neste to decarbonise and meet its net-zero…
               
Metal recycling startup to generate $1 billion in…
Runaya, a startup in metal recycling, aims to reach a revenue of $1 billion by the fiscal year 2030, coinciding with its target of achieving…
               
India’s Mahindra Group to invest ₹1,200 crore in…
On Monday, Mahindra Group declared a Rs 1,200 crore investment in renewable energy projects in India, including a 150 MW hybrid project combining solar and…
               
Biodel Ag and Carbon Asset Solutions forge carbon…
Biodel Ag, Inc., a US-based carbon project developer specializing in regenerative agriculture, and Carbon Asset Solutions Ltd. ("CAS"), a prominent carbon registry and MRV (Measurement,…
               
Biodel Ag, Carbon Asset Solutions partner to deliver…
Biodel Ag, a US company specializing in regenerative agriculture carbon projects, has partnered with Carbon Asset Solutions Ltd., a carbon registry and MRV provider. Together,…
               
Climate advocates push Japan’s top banks for stricter…
Climate groups, including Australia's Market Forces, Japan's Kiko Network, and a representative from the Rainforest Action Network, have submitted shareholder proposals to Japan's leading banks,…
               
Middlesex Water Company prepares for new EPA regulations…
Middlesex Water Company in a recent announcement, reaffirmed its commitment to providing safe, clean, and reliable water services by proactively addressing the new national drinking…
               
Arq positioned to benefit from EPA’s stricter regulations…
Arq, a producer of environmentally efficient carbon products, anticipates a surge in demand following the Environmental Protection Agency's (EPA) announcement of enhanced regulations targeting per-…
               
Parsons Corporation to assist clients in meeting EPA’s…
Parsons Corporation a prominent player in Per and Polyfluoroalkyl Substances (PFAS) investigation and remediation, reaffirms its commitment to aiding clients in addressing PFAS challenges and…
               
Trump victory no threat to ESG funds, assures…
Ian Simm, founder and CEO of Impax Asset Management, believes that investment funds emphasizing environmental, social, and governance (ESG) factors can withstand a potential victory…
               
US coffee chain Bluestone to offer sustainable beanless…
U.S. coffee chain Bluestone Lane will start selling espresso coffee made from farm foods such as date seeds, guava and sunflower from August in a…
               
Oklahoma sues two energy companies, accusing them of…
According to a press release from the Oklahoma Attorney General's office on Wednesday, the state has filed a lawsuit against two energy companies, alleging manipulation…
               
Leaders under pressure to resign as SBTi alters…
The board and CEO of the Science Based Targets initiative faced calls to step down following changes to the United Nations-backed guidelines on companies' usage…
               
Origin names Tony Lucas as finance chief amid…
Origin Energy named Tony Lucas as its new finance chief on Thursday as the Australian electricity retailer transitions towards greener energy alternatives. Lucas, who will…
               
Activists urge Apple to address detention of climate…
More than 60 human rights and environmental organizations have called on Apple to take action regarding the detention of climate experts in Vietnam, a key…
               
Adani Green Energy surpasses 10,000 MW milestone in…
Adani Green Energy Limited (AGEL), India's largest renewable energy giant, has achieved a historic milestone by surpassing 10,000 MW in renewable energy capacity. This accomplishment…
               
Technology provider releases first sustainability report
Tango has taken a significant step in its sustainability efforts by releasing its first Sustainability Report for 2023. In this report, Tango has outlined its…
               
Adani Group unveils approx. $30 billion investment plan…
The Adani Group has announced an ambitious investment plan totaling approximately Rs 2.3 trillion by 2030, marking India's most significant renewable energy expansion initiative to…
               
Delays in South Africa’s coal plant closures could…
A delay in the planned closures of coal-fired power plants in South Africa could have dire consequences, including thousands of deaths from air pollution and…
               
Chevron New Energies invests in ION Clean Energy’s…
Chevron New Energies, a division of Chevron USA Inc., has announced a significant investment in ION Clean Energy, a Boulder-based technology company specializing in post-combustion…
               
Saudi Arabia’s Biofuel Company to triple refining capacity…
The Biofuel Company in Saudi Arabia has unveiled plans to significantly boost its refining capacity, aiming to triple its output by 2025. This expansion initiative…
               
JSW Energy raises $65 million from institutional investors,…
JSW Energy Limited has successfully raised $65 million (Rs 5,000 crore) through a Qualified Institutions Placement (QIP), selling shares to institutional investors, including the Abu…
               
Aker Carbon Capture advances decarbonization with projects in…
Aker Carbon Capture (ACC) has secured a pre-FEED (Front End Engineering Design) contract for Statkraft's Heimdal waste-to-energy plant in Norway, targeting the capture of 220,000…
               
GCM strengthens real estate investments team 
Greenbacker Capital Management (GCM) has bolstered its real estate investments team with the appointment of Evan Sherman as Head of Real Estate Acquisitions, underscoring its…
               
CIP invests £250 million in UK solar developer…
Danish renewable energy infrastructure investor Copenhagen Infrastructure Partners (CIP) has announced a significant investment of £250 million to acquire a majority stake in UK solar…
               
Maersk’s ECO Delivery Ocean product slashes 683,000 tons…
In 2023, Maersk's ECO Delivery Ocean product achieved a significant milestone, with more than 660,000 twenty-foot equivalent units (TEU) transported on green fuels, resulting in…
               
China’s power firm revamps natural gas business post…
GCL Holdings, a privately owned Chinese energy company, is shifting its focus to developing a natural gas business. According to company executives interviewed by Reuters,…
               
Adani Green’s wind power project raises environmental concerns…
Adani Green Energy's ambitious wind power project, valued at US$442 million, situated in Mannar and Pooneryn, is currently undergoing a technical review by the Sri…
               
NIKE sets new sustainability targets for 2025 
Global sportswear giant NIKE is ramping up its commitment to sustainability by announcing new targets aimed at reducing its carbon emissions across its business and…
               
JX Nippon and Chevron sign MOU to explore…
In a significant move towards advancing lower carbon solutions, JX Nippon Oil & Gas Exploration Corporation and Chevron New Energies, a division of Chevron U.S.A.…
               
Citi says 40% energy clients lack greenhouse gas…
Nearly half of the energy companies Citi Bank provides lending to lack strategies for reducing greenhouse gas emissions, as disclosed in a climate report released…
               
The focus of govt incentives will go into…
Global investment in clean energy has surged to unprecedented levels, reaching a staggering US$1.77 trillion, as revealed by the latest Energy Transition Investment Trends 2024…
               
Solar industry set to soar as US grapples…
As Dan Shugar, the CEO of Nextracker Inc., stated, the unyielding demand for electricity in the United States is poised to overshadow obstacles confronting the…
               
Green jobs rise as sustainability investments grow: report
According to a 2024 Capgemini report on global investment trends, more than 52% of organizations are projected to boost their investments in sustainability within the…
               
AI is a key tool in businesses reducing…
During a climate change dialogue at the China Development Forum, Tim Cook, the CEO of Apple Inc., emphasized the importance of artificial intelligence (AI) in…
               
Chip giant NVIDIA launches cloud platform to address…
To accelerate the fight against the $140 billion in economic losses stemming from climate change-induced extreme weather events, NVIDIA has unveiled its Earth-2 climate digital…
               
UBS names Jack Collings as Asia Pacific head…
UBS, the investment banking group, has appointed Jack Collings as the head of sustainability and climate risk for Asia Pacific (APAC). Collings transitions into this…
               
New Energy Blue launches new subsidiary to accelerate…
Today, New Energy Blue, a leading clean-energy developer specializing in low-carbon biofuels and biochemicals from crop residues, announced the establishment of its new subsidiary, New…
               
Shell warns of energy shortages amidst low investment…
Shell, one of the world's leading energy companies, has issued a stark warning about the risk of energy shortages unless there is a significant increase…
               
Swiss-Colombian startup Cotierra secures $1 million for farming…
In a significant stride towards sustainable agriculture, Cotierra, a Swiss-Colombian carbon removal and agtech startup, has successfully secured $1 million in a pre-seed funding round. 
               
Mango to choose adaptable clothing as climate change…
Mango, the Spanish retailer, is focusing on adaptable clothing to assist customers in coping with unpredictable temperature fluctuations due to climate change, according to Chief…
               
Climate fund investors, Microsoft pour $18 million into…
Konexa, a UK-based integrated energy development and investment platform, has finalized financial arrangements and invested $18 million. 
               
Rondo Energy partners with battery startup to cut…
A fresh collaboration between a multinational energy corporation and a battery startup utilizing heated bricks could alleviate Europe's energy crisis and reduce carbon emissions.
               
Unilever announces new climate goals despite ESG concerns
Unilever Plc is setting more ambitious goals to reduce emissions, targeting suppliers and stores that sell its brands, despite investor concerns that non-financial goals divert…
               
Valmet Oyj raises EUR 200 million with inaugural…
Valmet Oyj, a Finnish provider of process technologies, has successfully raised EUR 200 million (USD 217.4 million) through the sale of senior unsecured green notes.…
               
Amazon and Glacier partner to advance recycling technology…
Amazon and Glacier are teaming up to revolutionize recycling technology and combat waste through innovative AI and robotics solutions. The collaboration, driven by Amazon's Climate…
               
GE’s energy spin-off expects offshore wind boost
During an investor day in New York, executives of General Electric's energy spin-off, GE Vernova, announced on Wednesday their anticipation of resolving a substantial backlog…
               
Epson partners with Earth Hour to drive global…
Epson, a leading technology company, has joined forces with Earth Hour, marking its first international corporate support for the global environmental movement. 
               
US refiner joins Summit’s carbon capture project 
On Monday, Summit Carbon Solutions, an Iowa-based private company, announced that US refiner Valero Energy Corp would participate in its proposed carbon capture and storage…
               
Indian companies eye major investments in coal-fired power
Private Indian companies have shown interest in constructing at least 10 gigawatts (GW) of coal-fired power capacity over the next ten years, according to four…
               
Jindal Stainless announces ₹700 crore investment for sustainability…
Jindal Stainless Ltd, India's largest stainless steel player, has unveiled plans to invest ₹700 crore over the next three years in sustainability projects, including renewable…
               
EcoOnline unveils financial-grade sustainability reporting software
EcoOnline launches Sustainability Reporting SaaS for accurate greenhouse gas measurement and ESG compliance in line with sustainability laws.
               
BlackRock acknowledges risks in ESG ventures amid growing…
In its annual report to the Securities and Exchange Commission, BlackRock, a prominent financial services firm, has highlighted potential risks associated with its environmentally-focused investment…
               
Capital Bank collaborates with Al Aman Company to…
Capital Bank has embarked on initiatives to enhance water use efficiency within its main buildings in a proactive move towards sustainability. 
               
TDB Group and GGGI partner to boost climate…
Following the COP28 global climate summit, the Eastern and Southern African Trade and Development Bank Group (TDB Group) and the Global Green Growth Institute (GGGI)…
               
Enviria secures $200 million investment from BlackRock to…
Enviria, a German commercial and industrial solar startup, announced on Thursday that it has secured a capital commitment exceeding $200 million from BlackRock, the world's…
               
Cadillac Fairview commits $9.5 million for decarbonization of…
Cadillac Fairview, managing the Pacific Centre and Waterfront Properties in Vancouver, is undertaking a $9.5 million decarbonization initiative. This project, backed by co-owners Ontario Teachers'…
               
TotalEnergies and Chevron join methane abatement initiative for…
Energy giants TotalEnergies and Chevron, alongside major gas carrier Seapeak, have joined the Methane Abatement in Maritime Innovation Initiative (MAMII), led by SafetyTech Accelerator. The…
               
Univers and Citi partner to enable seamless purchase…
Univers, a prominent player in decarbonization technology, and Citi have joined forces to introduce an innovative software solution facilitating the seamless purchase of Voluntary Carbon…
               
Europe’s heat pump sales fall for the first…
Heat pump sales in Europe dropped last year, marking the first decline in ten years. Falling natural gas prices, higher interest rates, and political opposition…
               
Boeing-backed startup to build carbon capture plant in…
Boeing-backed startup Equatic is constructing a demonstration plant in Singapore to extract carbon dioxide from the air and generate hydrogen, the company announced on Tuesday. 
               
Verizon settles $1 billion green bond offering for…
Verizon Communications Inc. settled its sixth green bond offering of $1 billion on February 23, with the net proceeds earmarked for renewable energy investments to…
               
Stellantis will stick to EU’s 2035 ban on…
In an interview with German media outlet Welt, Stellantis CEO Carlos Tavares stated that the company aims to support the European Union's plan to stop…
               
Google’s new AI technique hunt for clean electricity…
Big tech companies are rushing to reduce the environmental impact of their vast data centres worldwide. They're starting to use an AI method developed by…
               
UK advertising watchdog clears Ford of “zero emissions…
The UK's advertising regulator, the Advertising Standards Authority (ASA), has dropped its investigation into Ford after the carmaker's claims of "zero emission driving" in a…
               
Braya completes conversion of refinery, starts renewable diesel…
On Thursday, Braya Renewable Fuels started producing renewable diesel at Canada's Come-by-Chance refinery post its transition.
               
Fixing onshore wind power business could take years,…
Siemens Energy is confident it can address quality problems in its onshore wind division. Still, it might take several years, according to the CEO's written…
               
King & Wood Mallesons advises lenders on $400m…
King & Wood Mallesons (KWM) recently guided a syndicate of lenders, including Westpac Banking Corporation, Standard Chartered Bank, Export Development Canada, and Société Générale, in…
               
Greenland Resources & COWI forge sustainable mining pact
Greenland Resources Inc. has inked a Memorandum of Understanding (MOU) with COWI, Denmark's integrated engineering and environmental firm. 
               
Tech Mahindra leads decarbonization drive with net-zero roadmap
Tech Mahindra, headquartered in Pune, is charting an ambitious path towards decarbonization, aiming for net-zero emissions by 2035. As part of this endeavor, the company…
               
Adani Green Energy starts operations on the world’s…
Adani Green Energy Limited (AGEL) has started operationalizing a 551 MW solar capacity in Khavda, Gujarat, marking a significant milestone in India's renewable energy sector. 
               
Raízen and Wärtsilä partner to advance ethanol as…
Raízen, Brazil’s third-largest energy corporation in terms of revenue, and Wärtsilä, a Finnish manufacturer,  have joined forces to accelerate the decarbonization of the marine sector…
               
Brazilian solar project earns platinum seal from Global…
The Sol do Sertão Renewable Energy Project in Brazil has garnered acclaim from the Global Carbon Council (GCC), earning a prestigious platinum seal and ranking…
               
Rio Tinto draws criticism for water management in…
Mining giant Rio Tinto, who faced criticism for damaging an ancient indigenous site in 2020, faces investor scrutiny again, this time for its water management…
               
Solar firm scraps plan to build major US…
CubicPV, a solar energy equipment maker, cancelled its plan to construct a large silicon wafer factory in the US due to falling product prices and…
               
Top rival miners team up for ‘green steel’…
The world's leading mining companies, BHP Group Ltd. and Rio Tinto Group, along with Australia's BlueScope Steel Ltd., are coming together to develop Australia's first…
               
Mitsubishi Electric releases environmental plan 2025 to drive…
Mitsubishi Electric Corporation has revealed its Environmental Plan 2025 (April 2024 to March 2026), which aims to address environmental challenges while fostering sustainable practices.
               
Palm oil supplier for Nestle, Kellogg’s linked to…
An environmental group's investigative report, released on Wednesday, reveals that a supplier to brands like Nestle, Kellogg's, and Colgate has been cultivating palm oil on…
               
Recurrent Energy secures $160 million financing, secures Microsoft…
Recurrent Energy, a subsidiary of Canadian Solar Inc., announced on February 6 that it had secured $160 million in project financing for its Bayou Galion…
               
Lamborghini targets a 40% reduction in CO2 emissions…
Luxury sports car manufacturer Automobili Lamborghini has unveiled a bold climate commitment, aiming for a 40% reduction in CO2 emissions per car across its entire…
               
Siemens Energy hits $1.7 billion net profit in…
Siemens Energy reported a net profit of 1.58 billion euros ($1.7 billion) in the first quarter, attributing it to a one-time gain from selling an…
               
Industrial gases firm says US green subsidies won’t…
Linde CEO Sanjiv Lamba told Reuters, during a post-earnings call, on Tuesday that the recent changes to Inflation Reduction Act (IRA) subsidies for clean energy…
               
Itochu expands its role in US solar projects,…
Japanese trading house Itochu has taken on a larger role in developing large-scale solar power plants in the US. 
               
Generate Capital secures $1.5 billion to drive sustainable…
Generate Capital, a sustainable infrastructure developer based in San Francisco has successfully raised $1.5 billion in capital commitments from institutional investors and pension funds. 
               
Ajman Bank partners with Mastercard for sustainable banking…
Ajman Bank has joined forces with Mastercard to integrate innovative sustainability solutions into its services. 
               
TotalEnergies to develop an electric mobility network in…
TotalEnergies has entered into an agreement with Wenea to build a prominent electric mobility network in Spain, focusing on the development of high-power charging hubs. 
               
Activist investors withdraw Exxon’s climate proposal 
Exxon Mobil stated in a court filing on Thursday that activist investors are backing down from a climate proposal. 
               
Lawsuit filed against California’s new climate laws, plaintiffs…
The State of California is facing a lawsuit against two out of three of its new climate laws, namely the ‘Climate Corporate Data Accountability Act’…
               
Google signs its largest-ever offshore power agreement with…
Google has made its biggest deal ever to buy power from offshore wind projects near the Netherlands. 
               
Emirates joins Solent Cluster to advance sustainable aviation…
Emirates has become a member of the Solent Cluster, a cross-sector collaboration consisting of over 100 international organizations, manufacturers, engineering companies, regional businesses, and academic…
               
Spain’s Qualitas Energy expands in the US by…
Qualitas Energy, Spain's leading renewable energy fund, has reached an agreement to acquire Heelstone Renewable Energy LLC from Ares Management LLC. 
               
Top US business groups sue California over climate…
Big business groups including the US Chamber of Commerce and the American Farm Bureau Federation have filed a lawsuit against California seeking to cancel the…
               
California breaks century-old ties with Big Oil 
California, a big player in producing oil, is now breaking ties with the oil industry, a significant move to shift away from fossil fuels as…
               
Global standards chief calls for new ethics code…
Companies responsible for verifying environmental, social, and governance (ESG) claims will be urged to adhere to a new ethics code to combat greenwashing, according to…
               
Repsol chooses Vissim’s advanced oil spill detection for…
Repsol Norge, a Norwegian multi-energy company has entered into a contract with Vissim to deploy an advanced oil spill detection system at the Yme Field…
               
Pressure mounts over mining firms as investors raise…
A group of investors overseeing $25 trillion has decided to take action against mining companies that have not adopted safety environmental standards for the construction…
               
Reliance Industries plans commissioning of massive green energy…
Mukesh Ambani's Reliance Industries announced its plans to commission a colossal energy giga complex in Gujarat in the second half of 2024. 
               
Trillion Energy reaffirms production guidance for SASB natural…
Trillion Energy International Inc. has reiterated its production guidance for the SASB natural gas field offshore Turkey. 
               
EVE Energy to establish storage plant in Malaysia…
EVE Energy's Malaysian subsidiary, EVE Energy Malaysia, has inked a Memorandum of Understanding (MoU) with Invest Kedah Bhd to create 'EVE Energy Storage Malaysia Company.' 
               
Umicore seeks site for battery recycling near chemical…
Umicore is in search of a European site for a new battery recycling facility. The company is primarily exploring locations near chemical industry sites to…
               
Oil giant Exxon files lawsuit against climate activist…
Exxon Mobil Corp filed a complaint in a Texas court on Sunday to block a climate proposal by activist investors from being voted on during…
               
Shell to exit nearly a century of Nigerian…
Shell is set to conclude almost 100 years of onshore oil and gas operations in Nigeria by selling its subsidiary to a consortium of local…
               
US authorities investigate Aspiration’s carbon credit practices amid…
The Justice Department and Commodity Futures Trading Commission are reportedly investigating Aspiration, a California fintech, over potential misconduct related to its carbon offset sales. 
               
China’s biggest solar maker says Trump’s comeback will…
China-based Longi Green Energy Technology Co assured that Donald Trump’s return would not affect the company’s plans to expand in the United States. 
               
UK government grants Drax approval for carbon capture…
The UK government has granted approval to Drax for its planning application to convert two biomass units at the Drax power station to utilize bioenergy…
               
ACC partners with Circulor to trace carbon emissions…
Automotive Cells Co (ACC), a joint venture between Stellantis, TotalEnergies, and Mercedes-Benz Group, has joined forces with UK startup Circulor to verify the origin and…
               
Employees lack green skills, might see delay in…
A large number of businesses are witnessing a lack of green skills among their employees. This will reportedly see slow to low progress in transitioning…
               
27 major investors co-file climate resolution at Shell 
Twenty-seven major investors, who own around 5% of Shell’s stock have escalated pressure on Shell to take climate action. The shareholder resolution requests Shell to…
               
Reuters reports: JSW proposes to outbid Adani Power…
A Reuters report published today claims that India’s JSW has proposed to outbid Adani Power for the possession of a thermal power plant, the Amarkantak…
               
Electrolux announces second round of science-based climate targets
Electrolux Group yesterday announced its second round of science-based climate targets after they reached their previous targets three years before planned. 
               
CES 2024 in Vegas highlights climate-centric tech 
The world’s biggest consumer tech show Consumer Electronic Show (CES), happening in Las Vegas displayed cutting-edge technology and futuristic products that were climate-centric. 
               
Cleantech Solar signs 15-Year PPA with First Solar…
Cleantech Solar has inked a 15-year captive Power Purchase Agreement (PPA) with First Solar, Inc., committing to build 150 MWp of photovoltaic (PV) solar and…
               
Hedge fund managers to actively incorporate ESG strategies
Research conducted by analysts at UBS Group AG indicates that hedge fund managers are progressively integrating environmental and social metrics into their investment strategies.
               
Greenland startup enters Dubai’s cocktail bars with glacier…
A Greenland-based startup, launched in 2022, aims to enhance the international experience by adding glacier ice, extracted from ancient fjords, into drinks sold at exclusive…
               
SK Group-backed company invests $1 billion in ammonia…
In Texas, a $1 billion ammonia production facility with proprietary hydrogen technology is in the works, aiming to reduce carbon emissions from coal-fired power plants,…
               
US Supreme Court rejects Exxon Mobil’s bid for…
The US Supreme Court has declined the request for a crucial procedural boost sought by Exxon Mobil Corp., Koch Industries Inc., and the American Petroleum…
               
Altus Power secures $100 million credit facility from…
Altus Power, a clean energy giant,  has successfully closed a secured credit facility valued at $100 million, courtesy of an affiliate of Goldman Sachs Asset…
               
Bioglitter emerges as an eco-friendly alternative, yet controversies…
In response to environmental concerns over traditional glitter's microplastic composition, the European Union's ban on loose-plastic glitter sparked the rise of Bioglitter, championed as an…
               
JSW Renew Energy commences first phase of 51…
JSW Renew Energy, a subsidiary of JSW Energy, announced the successful commissioning of the initial phase of its 810 MW wind energy project in Tamil…
               
KLM defends “Fly Responsibly” campaign amid greenwashing allegations
KLM, the Dutch arm of Air France-KLM, appeared in court on Tuesday to address accusations of "greenwashing" by climate group Fossil Free concerning its "Fly…
               
Northwestern Chinese cities implement industrial halts to combat…
In Northwestern China, the cities of Xian and Yinchuan have urged residents to remain indoors, restricted heavy industrial activities, and ceased coal processing.
               
UK High Court rules in favor of ENRC…
London's High Court has ruled in favor of the Kazakh mining group Eurasian Natural Resources Corporation (ENRC), declaring that the UK's Serious Fraud Office (SFO)…
               
India’s Adani Green aims to raise $1.12 billion…
On Tuesday, Adani Green Energy of India announced that its major stakeholders will inject $1.12 billion (93.50 billion rupees) into the company to enhance its…
               
US industry consolidation to give big oil players…
In 2023, the oil and gas industry went on a $250 billion buying spree. They took advantage of high stock prices to secure cheaper reserves…
               
Holcim Argentina targets 75% renewable energy usage by…
Holcim Argentina, a prominent cement producer, aims to achieve a significant milestone by utilizing 75% renewable energy throughout the latter half of 2023.
               
240 million PCs at risk of landfill disposal…
Canalys Research has reported that Microsoft Corp's decision to stop supporting the Windows 10 operating system may lead to the disposal of approximately 240 million…
               
COP28: Indonesia state power firm signs 14 clean…
On Friday, Indonesia's state utility Perusahaan Listrik Negara (PLN) announced the signing of 14 agreements with various institutions during the COP28 climate summit, marking a…
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 […]

US federal court rules in favor of environmentalists overturn Alaska oil lease sale

On Tuesday night, a federal court in Alaska overturned an oil and gas lease sale. The sale, which was required by the Biden administration’s climate […]

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 […]