Zurich-based Carbon removal solutions provider Climeworks announced a series of performance improvements at its “Mammoth” direct air capture (DAC) and storage facility in Iceland, including revealing technology upgrades that have more than doubled CO2 capture performance under real-world conditions, while cutting…
Carbon transformation-focused cleantech company Twelve announced that it has secured a credit facility of up to $45 million, with the financing used to refinance the construction facility for its new AirPlant One facility, and supporting additional expansion at the site.…
Google announced today that it has signed a new agreement with startup Mitti Labs to purchase 1 million carbon credits over the next four years, to be generated from projects enabling over 70,000 smallholder farmers in India transition to practices…
Climate solutions provider ClimeFi announced that it is working with home appliance manufacturer Whirlpool to secure a diversified portfolio of durable carbon removal, aimed at supporting Whirlpool’s decarbonization targets. The portfolio spans four suppliers across four carbon removal pathways, including…
Developer SMT Energy and Software-focused energy storage system integrator FlexGen have announced the start of operations of a 160MW/320MWh energy storage facility Houston, Texas, US.
Second-life battery energy storage system (BESS) firms B2U, Moment and Rebaba are advancing project operations in Texas, US compliance, and new financing in Europe, respectively.
We hear from Angus Gordon Lennox, chair of the Gore Street Energy Storage Fund (GSF), which faces a shareholder vote next week on its future.
Lawmakers on the European Parliament’s Economic and Monetary Affairs Committee voted today on its proposed negotiating position on changes to the Sustainable Finance Disclosure Regulation (SFDR), the EU’s key legislation setting out how financial market participants have to disclose sustainability…
Swiss nutrition, health and beauty company dsm-firmenich announced today the appointment of Inge Massen-Biemans as its new Chief Sustainability Officer, effective November 1. Massen-Biemans will succeed Katharina Stenholm in the role, who has served as CSO since 2023. Stenholm will…
A roundup of large-scale BESS news from in and around the Nordic region, with Sweden-based Flower building a project in Germany, Volvo launching one in Sweden and Delta Capacity securing a toll for one in Finland.