Aerospace giant Airbus and aircraft engine manufacturer MTU Aero Engines announced the launch of a new joint venture focused on the development and commercialization of the first hydrogen-based fuel cell propulsion system for commercial aircraft. The aviation industry accounts for…
French energy giant TotalEnergies announced today that it has divested its distributed solar generation activities in Europe, selling all of its distributed solar assets in 7 countries to renewable energy companies Amarenco and AMPYR Distributed Energy. In a statement announcing…
Guest post by: Bridget Wise, Sustainability Analyst, Secaro Although the SBTi’s V2.0 standard is more complicated than its predecessor, it is this complexity, the guardrails of integrity criteria – which allow for a more practical and flexible approach. And, as…
Geothermal energy technology company Quaise Energy announced that it has raised $134 million at the first close of a Series B funding round, with proceeds aimed at supporting the development of the world’s first commercial superhot geothermal power plant. Founded…
TenneT Germany, the largest electricity transmission system operator in Germany, announced that it has raised €3.5 billion in its inaugural green bond offering, marking the largest corporate issuance to date under the EU’s European Green Bond (EuGB) standard. TenneT noted…
Energy transition-focused investor Quinbrook Infrastructure Partners announced today the final close of its Quinbrook Renewables Impact Fund II (QRIF II), raising £587 million (USD$784 million) in commitments for the UK-focused renewables infrastructure strategy, well ahead of the fund’s £500 million…
Singapore-based nature-based solutions project developer Thryve.Earth announced that it has signed a series of long-term offtake deals with Google, McKinsey and Tencent to remove more than 635,000 tonnes of carbon through a new agroforestry project restoring 6,000 hectares of degraded…
Africa-focused climate technology venture capital firm Catalyst Fund announced the launch of Catalyst Climate Resilience Fund I, raising $30 million at the fund’s second close to invest in early-stage climate technology startups. Launched in 2016, Nairobi-based Catalyst Fund is an…
The European Central Bank (ECB) revealed that it has started the application of a new “climate factor” in its collateral framework, enabling the central bank to adjust the assigned value of assets pledged by banks as collateral for loans based…
Global private equity and credit investment firm Permira announced a strategic investment through its Energy Transition strategy in engineering, architecture, environment and sustainability-focused consulting firm Quadrante. Founded in 1998, Lisbon-based Quadrante provides asset-light engineering services across three core segments, including…