• info@esgwise.org
Emerald AI Raises $25 Million to Align Data Center Energy Use with Grid Capacity

Emerald AI Raises $25 Million to Align Data Center Energy Use with Grid Capacity

Energy tech startup Emerald AI announced that it has raised $25 million in a strategic expansion round, with proceeds from the financing aimed at scaling the company’s solutions to enable data centers to align energy use with grid capacity. The funding round was led by Energy Impact Partners (EIP), and included participation from Amplo, Eaton, GE Vernova, IQT, Lowercarbon Capital,…

Ethical investing and CEO pay

How much pay is too much pay? It’s not a question that springs to mind for most of us as we contemplate our own pay slips, but for investors voting on executive compensation schemes it’s a valid point to ponder. While most investors agree that remuneration awards should be sufficient to attract and retain talented executives, ethical investors also consider…

Water is more precious than oil, especially in emerging markets

It’s impossible to know where the war in the Middle East is heading. The US says “productive” negotiations with Iran are under way to end the fighting and it’s pulled back from imminent strikes on vital Iranian infrastructure. But Iran claims that’s “fake news” intended to buy time for the US to ramp up its military plans. Just before the…

EnerVenue Raises $300 Million to Scale Lithium-Free Energy Storage Solutions

EnerVenue Raises $300 Million to Scale Lithium-Free Energy Storage Solutions

Energy storage solutions company EnerVenue announced today that it has raised $300 million in an extension of its Series B preferred stock financing round, with proceeds aimed at advancing the commercialization of the company’s high-endurance, lithium-free energy storage systems. Alongside the new capital, EnerVenue also announced the appointment of Henning Rath as its new CEO. Founded in 2020, California-based EnerVenue…