New Zealand’s External Reporting Board (XRB) announced the launch of a new consultation into a proposal to adopt a new climate reporting standard based on the IFRS Foundation’s IFRS S2 as the basis for its climate disclosure regime, although the…
Carbon removal project developer Deep Sky announced the delivery of the first certified direct air capture (DAC) carbon removal credits in North America to offtakers Microsoft and Royal Bank of Canada (RBC). Founded in 2022, Montreal-based Deep Sky was established…
In the 1970s, American Fireworks, a family-run pyrotechnics company in Hudson, Ohio, used a “home run box” to offer quick and easy fireworks displays for the Cleveland Indians (now the Cleveland Guardians) baseball games. The red wooden crate had metal…
Guest post by: Takehiro Kawahara, Aviation Specialist at BloombergNEF Rising environmental compliance costs are set to squeeze airline profitability over the next decade, as sustainable aviation fuel (SAF) mandates and carbon pricing policies tighten. BloombergNEF estimates those costs could reach…
He was born into a storm, lightning split the summer sky, in avillage the world had not yet heard of.The midwife called it a bad omen, his mother called it a sign. Your firstlife began in a storm, under open…
Spanish utility Iberdrola’s subsidiary Avangrid has announced plans to construct a 41MW/82MWh BESS facility in Gilliam County, Oregon.
Generation Investment Management, a sustainability-focused investment firm chaired by former U.S. Vice President Al Gore, announced today the close of Sustainable Private Equity Fund II (SPEF II), raising more than $1 billion for the sustainable transformation-focused fund. The fund is…
The World Bank Group announced that it will extend its Climate Change Action Plan, its strategy to support countries and private sector clients to address climate and development challenges together, but that it will also retire a key target committing…
EnBW and VPI have launched construction on large-scale BESS projects in Germany, while Elements Green and Eku Energy have agreed supply and acquisition deals respectively for separate 400MW/1,600MWh projects.
Axpo and e-Storage have partnered on a BESS in southern Italy, RES Group has signed a full-scope battery asset management agreement in Sweden, while R.Power has agreed to sell a Poland BESS project to Engie.