Ore Energy Raises $43 Million for Multi-Day Storage Solution Made from Iron, Water and Air

Long-duration energy storage startup Ore Energy announced that it has raised $43 million in a Series A funding round, with proceeds aimed at scaling its iron-air battery technology for multi-day storage of wind and solar energy, to enable fully renewable…

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Mombak Delivers First Amazon Reforestation Carbon Credits to Google, McKinsey 2 Years Early

Brazil-based carbon project developer Mombak announced the delivery of its first reforestation-based carbon removal credits to a series of corporate buyers, including Google, McKinsey & Company, and Bain & Company. Founded in 2021, Mombak is focused on large-scale carbon removal…

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Sonnedix Secures €730 Million to Develop Renewables Portfolio in Southern Europe

Renewable energy company Sonnedix announced today that it has secured €730 million (USD$840 million) for the refinancing, optimization and construction of renewable energy assets across Southern Europe. Founded in 2009, London-based renewable energy company Sonnedix develops, builds, owns and operates…

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Bain Appoints Matteo Capellini as Global Head of Sustainability Value Creation Solution

Global consultancy Bain & Company announced the appointment of Matteo Capellini as Global Head of its Sustainability Value Creation Solution, the firm’s practice focused on the integrations of sustainability strategies into business strategies, to transform ESG aspects from regulatory considerations…

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