Impact News

Meta Buys 100% of Renewable Energy from New $900 Million Solar Project to Power U.S. Data Centers

Meta Buys 100% of Renewable Energy from New $900 Million Solar Project to Power U.S. Data Centers

Facebook, Instagram, and WhatsApp owner Meta and Alberta-based energy company Enbridge announced a new long-term contract with Enbridge supplying Meta with 100% of the renewable energy generated from a new 600 MW solar facility in Texas to power the tech company’s data center operations. The new project, Clear Fork, will be a utility scale solar […]

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JPMorgan, Microsoft Back New Financing Model to Scale Nature-Based Carbon Removal Projects

JPMorgan, Microsoft Back New Financing Model to Scale Nature-Based Carbon Removal Projects

Nature-based carbon removal startup Chestnut Carbon announced that it has secured a new $210 million project finance credit facility, led by J.P. Morgan and backed by a massive forest-focused carbon removal offtake agreement recently signed with tech giant Microsoft. The agreement marks the first financing of its kind for a U.S. voluntary carbon removal afforestation […]

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Grüne Transformation droht an fehlendem Know-how zu scheitern

Grüne Transformation droht an fehlendem Know-how zu scheitern

Grüne Jobs gewinnen weltweit rasant an Bedeutung – doch bei der Umsetzung fehlen vielerorts die passenden Fachkräfte. Laut dem aktuellen Green Jobs Report 2025 der ManpowerGroup berichten 91 Prozent der Unternehmen weltweit, dass sie nicht genügend qualifiziertes Personal finden, um ihre Nachhaltigkeitsziele zu erreichen. Besonders alarmierend: Die Nachfrage nach grünen Kompetenzen wächst derzeit doppelt so […]

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Sol Systems Secures $675 Million to Fund Solar & Storage Projects Across U.S.

Sol Systems Secures $675 Million to Fund Solar & Storage Projects Across U.S.

U.S. clean energy developer and producer Sol Systems announced that its has secured a $675 million revolving construction finance facility, aimed at supporting the buildout of a portfolio of solar and storage projects. Founded in 2008, Sol Systems develops, owns and operates clean energy projects across the U.S., with projects spanning 7 GW across 38 […]

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INEOS Invests $40 Million to Decarbonize UK Chemical Site

INEOS Invests $40 Million to Decarbonize UK Chemical Site

Chemical company INEOS announced that it has completed a £30 million (USD$40.4 million) investment at its Hull manufacturing site, converting the facility to run on hydrogen instead of natural gas, resulting in a 75% reduction in carbon emissions. Based on the east coast of the UK, the INEOS Acetyls business in Hull is the largest […]

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bp Sells US Onshore Wind Business

bp Sells US Onshore Wind Business

Energy giant bp announced today an agreement to sell its onshore wind business, bp Wind Energy, to power and energy infrastructure developer and operator LS Power, forming part of bp’s strategy to refocus on growing its oil and gas business. bp Wind Energy’s portfolio includes 10-grid connected wind assets in the U.S. across states including […]

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Palo Alto Networks Signs Deal for 10,000 Tons of Carbon Removal with Oxy’s 1PointFive

Palo Alto Networks Signs Deal for 10,000 Tons of Carbon Removal with Oxy’s 1PointFive

1PointFive, the carbon capture, utilization and sequestration (CCUS)-focused subsidiary of energy giant Occidental (Oxy), announced a new agreement with cybersecurity firm Palo Alto Networks for the purchase of 10,000 tons of carbon dioxide removal (CDR) credits over five years. The credits will be generated using direct air capture (DAC) technology from 1PointFive’s STRATOS facility, which […]

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Stellantis Drops Plans to Launch Hydrogen-Powered Vehicles

Stellantis Drops Plans to Launch Hydrogen-Powered Vehicles

Chrysler, Dodge, Jeep, and Citroen parent Stellantis announced that it has decided to discontinue its hydrogen fuel cell technology development program due to a lack of progress in the hydrogen market. As part of its decision, Stellantis said that it has dropped its plans to launch a new range of hydrogen-powered vehicles this year.

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U.S. Companies Are Still Investing in Sustainability – But Aren’t Talking About it: Survey

U.S. Companies Are Still Investing in Sustainability – But Aren’t Talking About it: Survey

The vast majority of large U.S. companies are maintaining or even increasing investments in ESG initiatives, as most executives view sustainability as a driver of competitive advantage and growth, but many are talking less about it publicly in the face of growing political and regulatory scrutiny, according to a new survey released by business sustainability […]

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Apple, MP Materials to Build Rare Earths Recycling Facility Under New $500 Million Supply Deal

Apple, MP Materials to Build Rare Earths Recycling Facility Under New $500 Million Supply Deal

Apple has announced a $500 million multi-year agreement with MP Materials, a fully integrated US-based rare earth producer, to buy domestic rare earth magnets developed at MP Material’s flagship facility in Texas. The deal will also see the two companies launch a new rare earth recycling line in Mountain Pass, California, and develop novel magnet […]

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Clean Fuel Startup Amogy Raises $80 Million to Decarbonize Shipping, Power Generation

Clean Fuel Startup Amogy Raises $80 Million to Decarbonize Shipping, Power Generation

Clean fuel tech startup Amogy announced that it has raised an additional $23 million in venture financing, expanding its funding round announced earlier this year to $80 million. Founded in 2020, Brooklyn, New York-based Amogy offers ammonia-based, emission-free, high energy-density power solutions aimed at decarbonizing hard-to-abate sectors such as heavy-duty transportation, maritime, power generation, and […]

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