Industrial heat and power solution provider Antora Energy announced plans for a new Kansas- based 5.8 GWh thermal battery storage project, anticipated to become one of the largest battery storage systems in the world once completed, with backing from investors…
Norges Bank Investment Management (NBIM), the investment manager for Norway’s $2 trillion oil fund, announced that it has committed €1.2 billion (USD$1.34 billion) to Copenhagen Infrastructure Partners’ (CIP) newest flagship renewable energy fund, CI VI. CIP launched CI VI earlier…
This week in ESG news: UK’s FCA moves from mandatory to comply-or-explain for sustainability and climate reporting; EY launches framework to quantify financial impact of sustainability risks and opportunities; New EU anti-greenwashing rules enter into force; ISO’s proposed net zero…
UK-based asset manager Algebris Investments announced the acquisition of Spanish renewable energy advisory and asset manager firm Vector Renewables from renewable power producer Nadara. The acquisition was made through its Algebris Green Transition Fund, launched by the firm in 2022,…
Residential energy management software startup NOX Energy announced that it has raised €3 million (USD$3.4 million) in a seed funding round, with proceeds aimed at scaling the company’s smart energy management software connecting home clean energy devices to the grid…
Sustainability and compliance solutions provider Diginex announced the launch of an enhanced end-to-end supply chain due diligence platform, aimed at providing companies with risk data and traceable visibility across multiple tiers of their supply chains. According to Diginex, the launch…
Electric truck manufacturer Harbinger announced that it has received an order from global delivery giant FedEx for 2,000 of its all-electric trucks, with a total order value exceeding $300 million, marking one of the largest binding orders for electric medium-…
The majority of stakeholders responding to a consultation into the development of Canada’s Sustainable Finance Taxonomy said that they strongly opposed a proposal to include an “abatement measures” category focused on decarbonizing activities related to fossil fuels, according to the…
Swedish green iron and steel maker Stegra announced the completion of a 100-day review of its project to build the world’s first large-scale green steel plant in Boden, Sweden, revealing that it will require more capital to complete the project due…
UK pension scheme Nest announced that it has awarded investment manager Wellington Management with a £3.5 billion (USD$4.6 billion) mandate to manage its emerging markets equity strategy, in a move aimed at strengthening the strategy’s ESG risk evaluation and stewardship.…