A significant majority of companies continued to increase their investments in sustainability initiatives over the past year, with investments in sustainability becoming more focused and financially driven, according to a new survey released by global professional services firm Deloitte. The increased investment comes as companies see significant financial value from their initiatives, with more than three quarters of executives reporting…
Industrial decarbonization startup Reclinker announced that it has raised £10 million (USD$13 million) in a Series A funding round, with proceeds aimed at commercializing its low-carbon cement recycling technology. Cement currently accounts for approximately 8% of global carbon dioxide emissions, with over 900 kg of CO2 emissions generated for every 1,000 kg of material produced. Conventional cement contains an average…
The Government of the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR) announced the pricing of approximately HK$20 billion (USD$2.6 billion) of digital green bonds, setting a new record for the largest-ever digital bond issuance in the world to date. A digital green bond, or a tokenized green bond, is a green bond that is represented…
Guest post by: Sebastian Leape, CEO of Natcap Data centres have become one of the more visible environmental consequences of the AI boom. Their appetite for electricity is rising sharply. Some use millions of litres of water a day. New projects are large enough to strain power grids that were never designed for such concentrated demand. The concern is real,…
A coalition of 21 state Attorneys General* announced the launch of a new court challenge aimed at striking down the Trump administration’s recent repeal of rules designed to significantly reduce greenhouse gas (GHG) emissions from fossil fuel-based power plants. The coalition, led by New York AG Letitia James warned that the administration’s move will eliminate one of the U.S.’ key…
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…