California-based climate tech company CarbonCapture announced a decision to pause Project Bison, its Wyoming-based multi-megaton Direct Air Capture (DAC) carbon removal project, due to rapidly growing competition for renewable energy in the state from data center operators. Founded in 2019, CarbonCapture produces DAC machines that use solid sorbents to efficiently absorb CO2 from the atmosphere, and the company utilizes a…
France-based testing, inspection and certification services provider Bureau Veritas announced today the acquisition of renewable energy technical consultancy ArcVera Renewables, with the transaction aimed at establishing a new stronghold for Bureau Veritas in the North American renewables sector. Founded by renewable energy veterans Greg Poulos and John Bosche, Golden Colorado-based ArcVera provides finance-grade commercial and technical services for wind, solar…
Microsoft has introduced a new supplier decarbonization team focused on addressing the growing carbon footprint of its cloud and AI operations. The new appointments include Tim Hopper, Cloud Supply Chain Sustainability Manager; Ray Waweru, Senior Program Manager, Cloud Services Sustainability; and Sofia Khan, Scope 3 Decarbonization. Hopper has spent over 20 years at Microsoft, with his most recent roles focused…
Sustainability-focused investment manager Mirova announced today that it has raised €211 million (USD$233 million) for Mirova Environment Acceleration Capital (MEAC), the firm’s first impact private equity fund. Mirova launched the pan-European private equity fund in September 2021, aiming to invest in companies providing sustainable innovative solutions and technologies contributing to the environmental transition. The fund targets five main themes, including smart…
French energy giant TotalEnergies announced today an agreement to launch a new joint venture with a solar portfolio exceeding 1 GW with India-based renewable energy developer and operator Adani Green Energy Limited (AGEL). The new JV comes as India continues to scale up its investments in clean energy, with the country aiming to reach 500 GW of installed renewable energy…