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…
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…
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…
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…
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…
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…
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 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…
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…
Vienna-based integrated chemicals, fuels and energy company OMV announced today a new €450 million (USD$514 million) loan agreement with the European Investment Bank (EIB), to help fund the construction of one of the largest green hydrogen production plants in Europe.…