German battery technology startup theion announced that it has raised €15 million (USD$16.2 million) in a Series A funding round, with proceeds aimed at furthering development of lower-carbon footprint batteries that provide more power and energy storage than standard lithium-ion batteries. Established in 2020, Berlin-based theion develops crystal batteries for mobile, portable and stationary applications. The company is utilizing sulfur,…

Engie North America announced today an expansion of its partnership with alterative asset management Ares Management, with an investment in a 0.9 GW portfolio of U.S.-based solar and storage assets. Engie said that it will retain a controlling share in the portfolio and continue to operate and manage the assets. The transaction follows the launch of the partnership between Engie…

The vast majority of public companies are either retaining or ramping up their climate commitments, with companies found to be more than twice as likely to be increasing their emissions reduction goals than decelerating them, according to a new study released by professional services firm PwC, based on data from climate research provider and environmental disclosure platform CDP. The study…

By: Roy Bedlow, Chief Executive and Founder of Low Carbon Much has been made about AI’s potential to accelerate, but also disrupt, the energy transition. In a world of increasing investment into renewable energy, the constraint on these critical infrastructure projects is often grid connections, capacity planning and the challenge of overcoming red tape to get spades in the ground….

Global energy and electricity provider Iberdrola announced that it has raised €400 million in a new green bond offering, with the bonds linked to the company’s share price, enabling investors to benefit from the performance of its shares. The new 5-year bonds are indexed to Iberdrola’s share price through the incorporation of a call option, with investors able to exercise…