Energy storage company Jupiter Power announced that it has secured $500 million in financing, supporting the advancement of its project pipeline across the U.S. Founded in 2017, Texas-based Jupiter Power develops and operates utility-scale battery energy storage systems (BESS), with nearly 8,000 MWh of battery energy storage projects operating, under construction or under contract, and a development pipeline including more…

Early-stage venture capital firm Voyager Ventures announced that it has raised $275 million for its new fund, Fund II, aimed at investing in energy, industrials, and climate technology companies in North America and Europe, described by the firm as “foundational to future abundance.” Founded in 2021 by Sierra Peterson and Sarah Sclarsic, Voyager Ventures’ initial funds focused on early-stage climate…

The International Public Sector Accounting Standards Board (IPSASB) announced the release of its finalized “IPSASB SRS 1, Climate-related Disclosures,” a new standard aimed at enabling governments and public sector entities report on climate-related risks and opportunities, marking the first sustainability reporting standard for the public sector. The new standard was developed with the support of The World Bank, which called on…

Carbon-crediting platform Puro.earth announced the launch of Puro Issuance Plus, a new service aimed at helping scaled suppliers bring verified carbon removals to market more frequently through the issuance of CO₂ Removal Certificates (CORCs). Founded in 2018, Puro.earth provides a platform bringing together suppliers of carbon net-negative technologies and companies looking to reduce or counter their carbon footprints. Through Puro.earth’s platform,…

Transition-labelled bonds are anticipated to emerge as the fastest-growing segment of the sustainable bond market in 2026, driven by demand for instruments to finance decarbonization strategies in hard-to-abate sectors and the availability of new standards to define eligible investments, according to a new sustainable finance market forecast released by Moody’s Ratings. Overall, the report forecasts the issuance of labelled sustainable bonds…

Fitch Solution’s country, political and industry insights-focused data and analytics provider BMI announced the launch of a new expanded ESG Country and Physical Climate Risk service aimed at helping investors and companies to quantify the impact of ESG issues on economies and industries, with the use of alternative data. According to BMI, its expanded ESG Country service incorporates granular ESG…

Wells Fargo Wealth & Investment Management (WIM), one of the largest wealth managers in the U.S., with $2.5 trillion in client assets, announced the launch of a new proprietary system to internally manage proxy voting. The move makes Wells Fargo the second major U.S. asset manager to reduce reliance on external proxy voting firms, which have recently come under fire…

The Footprint Firm announced the final closing of its €76 million venture fund, FootPrint Fund 1, which will invest in pre-seed and seed climate deep-tech and scale-up companies throughout Northern Europe. Founded in 2019, Footprint is a Denmark-based advisory and impact investment company focused on sustainability and the green transition. According to Footprint, the close of its debut fund marks…

GlassPoint announced that it has raised $20 million in a funding round led by N.I.S. New Investment Solutions, with participation from returning investor MIG Capital, as the cleantech company looks to advance large-scale solar industrial heat projects in the US and beyond. Industrial heating uses high amounts of energy, often from fossil fuel-based sources, in order to transform materials into…

Sustainability and RegTech software provider Diginex announced the appointment of Lubomila Jordanova, founder and CEO of its recently acquired carbon accounting platform Plan A, as its new Chief Executive Officer. According to Diginex, the new appointment forms part of its strategy to build a top 5 sustainability and RegTech platform, with the company aiming to accelerate strategic acquisitions and drive…