German clean energy startup 1KOMMA5° announced that it has raised over €70 million (USD$78 million) in a new funding round, with proceeds aimed at accelerating the development and commercialization of its platform enabling the expansion of renewable energy by connecting…
Ingka Group, the largest IKEA retailer accounting for more than 85% of the chain’s retail sales, announced today the appointment of Erika Intiso as its new Chief Sustainability Officer, with responsibility for leading the group’s sustainability agenda, and further integrating…
French pension plan Ircantec announced that it has selected European asset managers Amundi and BNP Paribas Asset Management (BNPP AM) to manage nearly €1.6 billion of decarbonization-focused equity index mandates. Ircantec is a French complementary pension scheme with more than…
South Africa continues its push for energy storage capacity, with utility and grid operator Eskom issuing a call to work on a 21GWh pumped hydro energy storage (PHES) project.
Europe is no longer betting on second-life repurposing of EV batteries for stationary BESS applications, and that is not a bad thing, argues David Oudsandji, CEO of Voltfang.
Alberto Valenzuela discusses ahead of Energy Storage Summit Latin America about Mexico’s growing interest in renewables and energy storage, and the factors driving this growth.
DLA Piper finds merchant BESS appeal splits Japan, Singapore and Australia, with regulatory certainty, grid access and returns shaping investor views.
Hong Kong-based financial services and technology company TROOPS announced an agreement to acquire energy technology platform Efforce, with the transaction aimed at expanding the company’s digital asset infrastructure and pursuing new opportunities in sustainability-related markets. Co-founded in 2020 by Apple…
The Taskforce on Nature-related Financial Disclosures (TNFD) announced the release of LEAP 2.0, the first upgrade of its core approach and guidance for helping companies assess and report on nature-related dependencies, impacts, risks and opportunities. The TNFD was launched in 2021,…
French energy tech startup Epyr announced today that it has raised €15 million (USD$16.8 million) in a Series A funding round, with proceeds aimed at accelerating the deployment of the company’s thermal energy storage technology to help industrial companies replace…