Supply chain decarbonization software company Green Project Technologies announced the acquisition of enterprise carbon accounting and reporting solutions provider Optera, with the transaction aimed at forming an end-to-end AI-powered climate management platform for companies. Founded in 2006 initially as a boutique corporate sustainability consulting firm, and later shifting focus to software, Boulder, Colorado-based Optera provides sustainability management solutions designed to…

BlackRock’s infrastructure investment unit Global Infrastructure Partners (GIP) announced the acquisition of a majority and controlling interest in Summit Ridge Energy, one of the largest commercial solar power companies in the U.S. Launched in 2017, Summit Ridge develops, owns, and operates distributed energy and battery energy storage systems that deliver locally generated power to businesses and homes across the Midwest, Mid-Atlantic,…

Google announced that a new partnership with renewables developer Cypress Creek Energy, with the tech giant signing on to become the anchor investor and offtaker for the Steel River Energy Center project in Arkansas – the largest-ever solar facility in the U.S. – including a power purchase agreement (PPA) to buy 100% of the energy from the project’s initial phases….

Guest post by: Tim Newell, Founder and CEO, GreenFi Forget Washington. The Most Powerful Force in Climate Is the American Consumer. As the Trump administration dismantles key pillars of the federal climate framework and major companies quietly abandon their sustainability commitments, something unexpected is happening in the American economy: consumers are filling the vacuum. Millions of Americans are doing something…

UK-based direct air capture (DAC) technology company Airhive announced that it has acquired Dutch DAC developer Carbyon, in an agreement aimed at creating a European DAC leader with enhanced technology capabilities and a stronger position to deploy low-cost carbon removal solutions at scale. The companies said that the agreement comes amidst favorable regulatory environment, with DAC recently certified under the…

Global professional services firm Deloitte announced the launch of Sustainability Fusion, a new framework and toolset aimed at enabling companies to measure and communicate the financial value of sustainability investments. According to Deloitte, the new solution comes as many organizations face a challenge in fully aligning their sustainability goals with financial performance, and often need a clearer way to translate environmental…

Simulation software provider Gridcog announced today that is has raised $10 million in a Series A funding round, with proceeds from the financing aimed at scaling its energy flexibility monitoring platform, enabling a more complex set of energy sources to be integrated into the grid. According to the company, the funding comes as energy projects have become significantly more complicated…

Korea’s Financial Services Commission (FSC) announced the release of its finalized roadmap for sustainability (ESG) disclosure, significantly expanding the number of companies that will be required to provide ISSB-aligned sustainability reporting compared to its initial plan. According to the FSC, the decision to increase the number of companies under its mandatory sustainability reporting regime followed requests from institutional investors to…

The European Commission announced that it has approved a €63 billion state aid program by France to support the construction of offshore wind projects over 25 years, aimed at contributing towards the transition towards a net zero economy and aligning with the objectives of the EU’s Clean Industrial Deal. The French program will support the construction and operation of eleven…

Shell and India-based industrial conglomerate Aditya Birla Group’s clean energy solutions subsidiary Aditya Birla Renewables (ABREN) announced an agreement for ABREN to acquire renewable energy platform Sprng Energy, marking one of the largest acquisitions in India’s clean energy sector by both value and scale. The deal values Sprng at $1.8 billion, and includes a portfolio of 5 GW of capacity, representing…