Climate-focused investment and advisory firm Pollination announced the appointment of Abhay Pande as a Senior Advisor leading its transition finance advisory practice. According to Pollination, in his new role, Pande will be support the firm’s clients to invest and raise capital for their transition strategies, easing the path to implementing climate and nature solutions to drive change. The firm added…
Early-stage impact venture investor Norrsken VC announced that it has raised €320 million (USD$345 million) at the final close of its second fund, aimed at supporting entrepreneurs solving the world’s biggest challenges. The fund significantly surpassing the firm’s initial €250 million target, with the company noting that the finalized total makes Norrsken VC Fund II the largest early-stage generalist impact…
Industrial energy optimization technology company Ndustrial, announced that it has raised $18.5 million at the initial close of its Series B funding round, with proceeds from the financing to be used to support the company’s growth, and its solutions to drive down energy intensity at industrial facilities. The funding round was led by electrification and technology company ABB and South…
The government of Australia announced today a series of large-scale investments aimed at boosting the country’s clean energy sector, including plans to invest A$8 billion (USD$5.3 billion) in hydrogen production and technology over the next 10 years. The new investments were announced with the release of the government’s 2024-2025 budget, which also allocated over A$3 billion through the Australian Renewable…
President Biden announced a broad series of tariffs on goods imported from China, including several categories of products central to the U.S.’ clean energy transition strategy, such as electric vehicles, batteries and battery materials, and solar cells. In total, the White House said that the increased tariffs cover $18 billion of imports from China. According to a White House statement,…