Energy optimization solutions provider Novele announced that it has raised $17 million in a Series A funding round, with proceeds from the financing aimed at scaling the company’s AI-powered energy management and distributed energy storage platform for commercial buildings. Founded in 2021, New York City-based Novele develops energy management and distributed energy storage solutions for commercial buildings, enabling them to…

Schneider Electric’s announced the appointment of Lena Henry as its new Head of Advisory Services, leading its global energy and sustainability-focused consulting practice, SE Advisory Services. The appointment comes a year following the launch of SE Advisory Services by Schneider Electric, establishing a global consulting practice focused on helping clients solve complex energy efficiency, sustainability, and technology challenges through electrification,…

Amazon announced the establishment of its new “Amazon Data Center Commitment,” setting a series of key pledges for communities in which it establishes and operates data centers, ranging from ensuring that its operations don’t result in higher energy bills to investments in carbon-free energy and water sustainability, in a bid to address growing “apprehension” in data center communities over the…

Industrial heat and power solution provider Antora Energy announced plans for a new Kansas- based 5.8 GWh thermal battery storage project, anticipated to become one of the largest battery storage systems in the world once completed, with backing from investors including Copenhagen Infrastructure Partners and Grok Ventures. The new battery storage project will be based at renewable fuel producer Pratt…

Norges Bank Investment Management (NBIM), the investment manager for Norway’s $2 trillion oil fund, announced that it has committed €1.2 billion (USD$1.34 billion) to Copenhagen Infrastructure Partners’ (CIP) newest flagship renewable energy fund, CI VI. CIP launched CI VI earlier this year, following the final close of its predecessor fund, CIP V in 2025, raising €12 billion in commitments. The…

This week in ESG news: UK’s FCA moves from mandatory to comply-or-explain sustainability and climate reporting; EY launches framework to quantify financial impact of sustainability risks and opportunities; New EU anti-greenwashing rules enter into force; ISO’s proposed net zero standard fails to pass initial vote; Vanguard finds younger investors selecting ESG policy at twice the rate of older investors; Crédit…

UK-based asset manager Algebris Investments announced the acquisition of Spanish renewable energy advisory and asset manager firm Vector Renewables from renewable power producer Nadara. The acquisition was made through its Algebris Green Transition Fund, launched by the firm in 2022, with a focus on areas including the energy transition, circular economy, smart cities and agritech. The transaction marks the fund’s…

Residential energy management software startup NOX Energy announced that it has raised €3 million (USD$3.4 million) in a seed funding round, with proceeds aimed at scaling the company’s smart energy management software connecting home clean energy devices to the grid across Europe. Founded in 2024 by CEO Axelle Moortgat and COO Louis Clermont, Belgium-based NOX develops a smart energy management…

Sustainability and compliance solutions provider Diginex announced the launch of an enhanced end-to-end supply chain due diligence platform, aimed at providing companies with risk data and traceable visibility across multiple tiers of their supply chains. According to Diginex, the launch comes as companies face growing requirements to understand and manage risks deeper within increasingly complex supply chains, with due diligence…

Electric truck manufacturer Harbinger announced that it has received an order from global delivery giant FedEx for 2,000 of its all-electric trucks, with a total order value exceeding $300 million, marking one of the largest binding orders for electric medium- or heavy-duty trucks in history. The vehicles are planned for delivery by the end of 2027 and will be deployed…