Rhys Kirk, Chief Technology Officer at Conrad Energy, highlights how innovations like digital twinning and AI are bolstering sustainability and efficiency. Businesses and investors have not historically associated the energy industry with cutting edge digital or technological innovation. There have been a number of reasons for this, including the regulated nature of the industry meaning that new technology, digital tools, and…
Electric Motor Provider Infinitum Raises $35 Million to Drive Industrial Decarbonization
Electric motor company Infinitum announced it raised a further $35 million in its Series E funding, bringing the funding round’s total to $220 million, with proceeds aimed at accelerating the company’s growth and driving decarbonization with sustainable, high-efficiency motor systems. Motors are the largest single end-user of energy, according to the IEA, consuming 53% of electricity globally, with significant increases…
Cleantech Startup Again Raises $43 Million to Turn Industrial CO2 Emissions Into Household Products
Cleantech startup Again has raised $43 million in series A funding round, with proceeds aimed at supporting its growth and build full scale decarbonization plants. Founded in 2021, and spun out of the Danish Technical University, Copenhagen-based Again provides solutions to decarbonize heavy industry by using fermentation to turn CO2 into valuable products. The company’s technology combines CO2 captured from…
Cloverleaf Infrastructure Raises $300 Million to Develop Low Carbon Data Center Sites
Power infrastructure company Cloverleaf Infrastructure announced today that it has raised over $300 million, with proceeds to be used to develop data center sites that run on low-carbon electricity across the U.S. Data centers globally are responsible for a growing share of climate impact, already reaching up to 2% of the world’s carbon emissions, nearly equivalent to that of the…
Blackstone Invests $200 Million in Australian Energy Transition Platform Symphony Infrastructure Partners
Australian energy transition platform Symphony Infrastructure Partners announced today that it has raised A$488 million (USD$329 million) in a Series A financing round including A$300 million (USD$202 million) from lead investor Blackstone, with proceeds aimed at accelerating the company’s growth and completing a series of five pending acquisitions. Founded in 2022, Symphony develops, owns, and operates specialized infrastructure services critical…
74% of Public Companies Plan to Invest in Sustainability Reporting Technology and Tools Over Next Year: Deloitte Survey
Approximately three quarters of public companies report that they are likely to invest in new technology or tools to help improve their ESG disclosure capabilities over the next year, as nearly all companies are preparing to meet increased reporting requirements, yet data quality remains the top ESG challenge, according to a new survey released by global professional services company Deloitte….