industrynews

3Degrees Facilitates Over 80,000 Metric Ton Carbon Removal Purchase for Microsoft From Western Rivers Conservancy’s Blue Creek Forest Project: SAN FRANCISCO, July 30, 2024 /PRNewswire/ — 3Degrees, a leading global climate solutions provider and certified B Corporation, announced today a CDR transaction with Microsoft to purchase over 80,000 metric tons of carbon removals from Western Rivers […]

IAG and Repsol agree the largest purchase of SAF in Spain IAG has reached an agreement with multi-energy company Repsol for the purchase of more than 28,000 tons of SAF. This is the largest SAF purchase in Spain so far. This SAF allows an emissions reduction of more than 80% compared to mineral jet fuel […]

I Squared Announces Acquisition of Texas-Based Energy Services Firm, Priority Power: Underscores I Squared’s commitment to advance sustainable energy solutions Brandon Schwertner to remain as CEO of Priority Power July 30, 2024 09:00 AM Eastern Daylight Time MIAMI & HOUSTON–(BUSINESS WIRE)–I Squared Capital (“I Squared”), a leading independent global infrastructure investment manager, today announced that […]

Excelsior Energy Capital Enters Multiyear, 2.2 GWh Agreement with Fluence to Utilize Domestically Manufactured Battery Cells in US Energy Storage Projects: Commencing in 2025, the agreement will support domestic grid resilience, manufacturing capacity, and supply chain strength. July 30, 2024 09:00 AM Eastern Daylight Time EXCELSIOR, Minn.–(BUSINESS WIRE)–Excelsior Energy Capital (“Excelsior” or “the firm”), a […]

Graphyte Secures $30MM Series A FundingGrowth Capital to Accelerate Graphyte’s Low-Cost Carbon Dioxide Removal SolutionPine Bluff, Arkansas; July 30, 2024 – Graphyte, a leader in the durable carbon removal industry, today announced the successful closing of a $30 million Series A funding round. The financing will be used to accelerate Graphyte’s innovative carbon dioxide removal […]

Molten Industries Leads Strategic Partnership With U. S. Steel and CPFD Software to Pioneer Carbon-Neutral Steel Production: $5.4M Grant from the Department of Energy Fuels Innovative Project with a Focus on Industrial Efficiency and Decarbonization July 23, 2024 08:30 AM Eastern Daylight Time OAKLAND, Calif.–(BUSINESS WIRE)–Molten Industries (“Molten”) will spearhead a collaborative effort with United […]

I Squared to Invest $200 Million for “Last-Mile” Electric Grid Infrastructure in the UK: Investment will see a new IDNO, Aurora, launch in the UK market New IDNO will help to drive decarbonization in the UK to reach net zero targets Energy industry leaders to take the helm of new IDNO business July 30, 2024 […]

Meta’s RFP: Value Chain Interventions for Emissions ReductionsAt Meta, we have a goal to reach net zero emissions across our value chain in 2030 which requires us to address emission sources throughout our value chain, particularly within hard-to-abate sectors and even where we are unable to attribute the reductions to a particular value chain partner. […]

Enlight Announces Financial Close on Atrisco Energy Storage Project: The financing package for the energy storage portion of the project includes over $400 million of loans and tax equity arranged by HSBC and U.S. BankAtrisco is one of Enlight’s flagship projects in the U.S., combining 364 MW of solar generation capacity with 1.2 GWh of […]

Innovation Endeavors leads A-1 funding round to support First Street’s go-to-market and international development plansJuly 25, 2024 NEW YORK, NY: First Street, the standard in physical climate risk data, announces the close of an oversubscribed Series A-1, five months after its oversubscribed Series A, bringing the total amount raised to $46 million. This round led […]